Steven K. Rock
Vita
December, 2009

 

 Office University of Colorado at Boulder
             Leeds School of Business
             Campus Box 419
             Boulder, CO  80309-0419

             303.735.5009

  e:mail:       Steven.Rock@Colorado.edu

 
 Webpage: http://leeds.colorado.edu/faculty/Rocks/


            

 

   

 

Education and Professional Designations:

Pennsylvania State University; Ph.D. in Business Administration, May 1996;
Concentration in Accounting

Pennsylvania State University; M.B.A.; May 1987; Concentration in Finance

Shippensburg University; B.S.B.A.; May 1984; Accounting

Certified Management Accountant (CMA)
Certified Internal Auditor (CIA)

Publications:

"Earnings-Based Bonus Plans and Earnings Management by Business Unit Managers” with Flora Guidry and Andrew Leone, 1999, Journal of Accounting and Economics 26-1, 113-142.

"Analyst Following and Count-Data Econometrics” with Stanley Sedo and Michael Willenborg, 2001, Journal of Accounting and Economics 30-3, 351-373.

"Empirical Tests of Budget Ratcheting and its Effect on Managers’ Discretionary Accrual Choices” with Andrew Leone, 2002, Journal of Accounting and Economics 33-1, 43-67.

"Value Line and I/B/E/S Earnings Forecasts" with Sundaresh Ramnath and Phil Shane, 2005, International Journal of Forecasting 21-1, 185-198.

“Earnings Management to Minimize Superfund Cleanup and Transactions Costs” with Derek Johnston, 2005, Contemporary Accounting Research 22-3, 617-642.

“Disclosure of Intended Use of Proceeds and Underpricing in Initial Public Offerings” with Andrew Leone and Michael Willenborg, 2007, Journal of Accounting Research, 45-1, 111-153.

“Do Analysts at Independent Research Firms Make Better Earnings Forecasts?” with John Jacob and David Weber, 2008, Journal of Accounting, Auditing, and Finance, 23-1, 23-61.

“A Review of Research Related to Financial Analysts Forecasts and Stock Recommendations” with Sundaresh Ramnath and Phil Shane, Foundations and Trends in Finance, 2-4, 311-421.

Financial Analyst Forecasting Literature: A Taxonomy with Trends and Suggestions for Further Research” with Sundaresh Ramnath and Phil Shane, International Journal of Forecasting, 24, 34-75.

Current Working Papers:

Inventory Writedowns in the Semiconductor Industry” with Hui Chen, Sundaresh Ramnath and Srini Rangan.

"Numbers Games? A Natural Experiment Investigating Three (Ir)regularities in Reported Earnings Per Share" with Bjorn Jorgensen and Yong Lee.

“Economic Consequences Associated with Expensing Stock Options: The Effects of Eliminating Executive Stock Option Plans on Subsequent Operating Performance and Executive Turnover” with Derek Johnston.

"Responsible for Legitimacy: Corporate Social Responsibility as a Generalized Mechanism for Supporting Firm Outcomes and Behavior" with Mat Hayward.

“The Disciplining Effect of Analysts’ CFO Forecasts on Earnings Management” with Yanhua Yang.

"An Empirical Investigation of the Impact of Timely Interim Reviews:  Evidence of Earnings Quality and Market Response Behavior" with Kevin Raedy.

Research in Progress:

“Professional Experts, Earnings Management and IPO Underpricing and Long-Run Returns” with Stephan Fafatas and Chris Yung.

"Habitual Earnings Guidance and the Market Response to Meeting or Beating Analyst Forecasts" with Brian Burnett.

"Audit Service Demand Shocks and Audit Quality" with Brian Burnett and Katherine Gunny.

"The Value Relevance of Earnings in CSI Securities" with Brian Burnett and Greg Martin.

"Management Hubris and Management Forecasts" with Mat Hayward, Bjorn Jorgensen, and Kai Larsen.

“The mosaic of corporate monitoring and the level of abnormal accruals” with Derek Johnston.

 Presentations and Involvements:

American Accounting Association Annual Meetings (1997) - presented "Earnings-Based Bonus Plans and Earnings Management by Business Unit Managers"

American Accounting Association Annual Meetings (1999) - presented "Analyst Following and Count-Data Econometrics"

American Accounting Association Annual Meetings (2005) - presented "Conflicts of Interest and Research Quality: Evidence from Earnings Forecasts"

Presentations at the following Universities: University of Colorado, University of Connecticut, Florida State University, University of New Hampshire, Oklahoma State University, University of Oregon, Penn State - Capital Campus, Syracuse University, Virginia Polytechnic Institute and State University (Virginia Tech), University of Washington

  

 

Teaching Experiences:
  

 

University of Colorado
  

Accounting and Financial Analysis (Introductory Financial and Managerial)

Intermediate Financial Accounting 2 (Corporate Financial Reporting 2)

Advanced Financial Accounting

Proseminar in Accounting Research

Doctoral Seminar in Financial Accounting Research

University of New Hampshire

Introductory Financial Accounting
Intermediate Financial Accounting II
MBA-level Financial Accounting   

Pennsylvania State University

Introductory Managerial Accounting
Introductory Financial Accounting

Intermediate Financial Accounting II  

 

Professional  Experience:
  

 

1990

Air and Water Technologies Corp.; Somerville, NJ; Corporate Auditor

1987 - 1990

Exxon Company, USA; Florham Park, NJ; Senior Auditor

1984 - 1985
  

John E. Wolfe, CPA; Williamsport, PA; Staff Accountant  

 

Memberships:

American Accounting Association (Financial Reporting, Management Accounting, and Auditing Sections)
Institute of Managerial Accountants
Institute of Internal Auditors

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Developed for Professor Steve Rock, 2000.