Sudipta Basu

Temple University - Department of Accounting

Professor of Accounting

Philadelphia, PA 19122

United States

SCHOLARLY PAPERS

53

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CITATIONS
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232

Scholarly Papers (53)

1.

The Confounding Effect of Cost Stickiness on Conservatism Estimates

Journal of Accounting & Economics (JAE), Forthcoming, Fox School of Business Research Paper No. 16-007
Number of pages: 41 Posted: 17 Aug 2012 Last Revised: 08 Mar 2016
Temple University - Department of Accounting, Temple University - Department of Accounting, Temple University - Fox School of Business and Management - Department of Accounting and University of the Pacific (UOP)
Downloads 1,594 (9,946)
Citation 1

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timely loss recognition, omitted variable bias, over-investment

2.

Accounting is an Evolved Economic Institution

Foundations and Trends in Accounting, Vol. 2, No. 1-2, pp. 1-174, 2008, Emory University Law and Economics Research Paper No. 08-33
Number of pages: 162 Posted: 07 Jul 2008 Last Revised: 22 May 2014
Gregory B. Waymire and Sudipta Basu
Emory University - Department of Accounting and Temple University - Department of Accounting
Downloads 1,476 (11,266)
Citation 10

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Accounting, Economic History, Economic Institutions

3.

Asymmetries in Cost-Volume-Profit Relation: Cost Stickiness and Conditional Conservatism

Number of pages: 54 Posted: 20 Aug 2013
Temple University - Department of Accounting, Temple University - Department of Accounting, Temple University - Fox School of Business and Management - Department of Accounting and University of the Pacific (UOP)
Downloads 911 (23,548)

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resource adjustment costs, break even analysis, budgeting, managerial discretion

4.

Recordkeeping and Human Evolution

Emory Law and Economics Research Paper No. 05-13
Number of pages: 45 Posted: 29 Jul 2005
Sudipta Basu and Gregory B. Waymire
Temple University - Department of Accounting and Emory University - Department of Accounting
Downloads 783 (29,205)
Citation 11

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intertemporal trade, verifiable history, dispute resolution, cultural selection

5.

Discussion of 'Conditional and Unconditional Conservatism: Concepts and Modeling'

Review of Accounting Studies, Vol. 10, No. 2/3, 2005
Number of pages: 11 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 746 (31,262)
Citation 14

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write-down, impairment buffer, contracting efficiency, regulation

6.

Has the Importance of Intangibles Really Grown? And if so, Why?

International Accounting Policy Forum, Special Issue, 2008, Accounting and Business Research, Forthcoming
Number of pages: 48 Posted: 23 Apr 2008
Sudipta Basu and Gregory B. Waymire
Temple University - Department of Accounting and Emory University - Department of Accounting
Downloads 714 (33,161)
Citation 5

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Moka, gift exchange, patent, trademark, fair value

7.

Neuroaccounting, Part II: Consilience Between Accounting Principles and the Primate Brain

Number of pages: 49 Posted: 02 Feb 2009
Chapman University (Deceased), Temple University - Department of Accounting, George Mason University - Department of Economics and Emory University - Department of Accounting
Downloads 692 (34,568)

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Accounting principles, economic exchange, neuroeconomics, primate brain

8.

Neuroaccounting, Part I: The Primate Brain and Reciprocal Exchange

Number of pages: 35 Posted: 02 Feb 2009
Chapman University (Deceased), Temple University - Department of Accounting, George Mason University - Department of Economics and Emory University - Department of Accounting
Downloads 661 (36,803)
Citation 1

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Accounting principles, economic exchange, neuroeconomics, primate brain

9.

Economic Crisis and Accounting Evolution

Emory Law and Economics Research Paper No. 11-98
Number of pages: 59 Posted: 05 Mar 2011
Gregory B. Waymire and Sudipta Basu
Emory University - Department of Accounting and Temple University - Department of Accounting
Downloads 617 (40,300)
Citation 2

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selection, transformation, migration, unintended consequences, pretense of knowledge

10.

How Important are Earnings Announcements as an Information Source?

European Accounting Review Vol. 22, No. 2, 2013
Number of pages: 40 Posted: 29 May 2010 Last Revised: 04 Nov 2015
Temple University - Department of Accounting, Iowa State University - Department of Accounting and Finance, University of Texas at Dallas - Naveen Jindal School of Management and Singapore Management University - Lee Kong Chian School of Business
Downloads 608 (41,100)
Citation 3

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earnings information arrival days, conditional information content, information monopoly, incremental information

11.

Implications of Impairment Decisions and Assets’ Cash-Flow Horizons for Conservatism Research

Fox School of Business Research Paper No. 14-031
Number of pages: 49 Posted: 26 Feb 2014 Last Revised: 31 Dec 2016
Rajiv D. Banker, Sudipta Basu and Dmitri Byzalov
Temple University - Department of Accounting, Temple University - Department of Accounting and Temple University - Fox School of Business and Management - Department of Accounting
Downloads 500 (52,936)

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timely loss recognition; asset write-downs; bookable gains and losses

12.

Memory, Transaction Records, and The Wealth of Nations

Accounting, Organizations and Society, Vol. 34, No. 8, 2009
Number of pages: 51 Posted: 22 Aug 2007 Last Revised: 22 May 2014
Sudipta Basu, Marcus Kirk and Gregory B. Waymire
Temple University - Department of Accounting, University of Florida - Fisher School of Accounting and Emory University - Department of Accounting
Downloads 468 (57,460)
Citation 1

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Recordkeeping, accounting history, economic development and institutions

13.

Is There Any Scientific Basis for Accounting? Implications for Practice, Research and Education

Fox School of Business Research Paper No. 15-076
Number of pages: 45 Posted: 23 Aug 2015 Last Revised: 16 Dec 2016
Sudipta Basu
Temple University - Department of Accounting
Downloads 456 (59,309)

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conservation laws, constructal law, economic evolution, mean reversion, creation myths

Loss Function Assumptions in Rational Expectations Tests on Financial Analysts' Earnings Forecasts

Emory University Working Paper
Number of pages: 40 Posted: 09 Apr 2003
Sudipta Basu and Stanimir Markov
Temple University - Department of Accounting and University of Texas at Dallas - Naveen Jindal School of Management
Downloads 442 (61,000)
Citation 37

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unbiased, economic significance, analyst rankings, conditional median, performance evaluation

Loss Function Assumptions in Rational Expectations Tests on Financial Analysts' Earnings Forecasts

Journal of Accounting & Economics, Vol. 38, Nos. 1-3, pp. 171-203, December 2004
Posted: 22 Mar 2005
Sudipta Basu and Stanimir Markov
Temple University - Department of Accounting and University of Texas at Dallas - Naveen Jindal School of Management

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economic significance, analyst rankings, conditional median, performance evaluation, conditional skewness

15.

Inflation, Earnings Forecasts, and Post-Earnings Announcement Drift

Review of Accounting Studies, Vol. 15, No. 2, 2010
Number of pages: 54 Posted: 15 Feb 2005 Last Revised: 22 May 2014
Temple University - Department of Accounting, University of Texas at Dallas - Naveen Jindal School of Management and London Business School
Downloads 407 (68,071)
Citation 5

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inflation illusion, analysts, earnings forecasts

16.

Conditional Conservatism and Disaggregated Bad News Indicators in Accrual Models

Review of Accounting Studies, Forthcoming
Number of pages: 51 Posted: 06 Apr 2015 Last Revised: 19 May 2016
Dmitri Byzalov and Sudipta Basu
Temple University - Fox School of Business and Management - Department of Accounting and Temple University - Department of Accounting
Downloads 393 (70,887)

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asset impairment, timely loss recognition, lower of cost or market rule, abnormal accruals, materiality

17.

Publication Bias in Recent Empirical Accounting Research

2014 Canadian Academic Accounting Association (CAAA) Annual Conference, Fox School of Business Research Paper No. 14-027
Number of pages: 41 Posted: 16 Jan 2014 Last Revised: 31 Dec 2016
Sudipta Basu and Han-Up Park
Temple University - Department of Accounting and University of Saskatchewan - Edwards School of Business
Downloads 391 (71,297)

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statistical significance, research methodology, t-statistic, meta-analysis

18.

Loss Firms and Analysts' Earnings Forecast Errors

The Journal of Financial Statement Analysis, Vol. 1 No. 2
Number of pages: 13 Posted: 03 May 2014
Lee-Seok Hwang, Ching-Lih Jan and Sudipta Basu
Seoul National University - College of Business Administration, California State University, East Bay and Temple University - Department of Accounting
Downloads 345 (82,527)
Citation 32

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19.

Differences in Conservatism between Big Eight and Non-Big Eight Auditors

Number of pages: 58 Posted: 03 May 2014
Sudipta Basu, Lee-Seok Hwang and Ching-Lih Jan
Temple University - Department of Accounting, Seoul National University - College of Business Administration and California State University, East Bay
Downloads 312 (92,463)
Citation 26

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Earnings-return relation; Negative returns

20.

Supplement to ‘Neuroaccounting: Consilience Between the Biologically-Evolved Brain and Culturally-Evolved Accounting Principles’

Number of pages: 7 Posted: 04 Dec 2009
Chapman University (Deceased), Temple University - Department of Accounting, George Mason University - Department of Economics and Emory University - Department of Accounting
Downloads 289 (100,485)
Citation 8

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Accounting principles, economic exchange, neuroeconomics, primate brain

21.

Conservatism Research: Historical Development and Future Prospects

China Journal of Accounting Research, Vol. 2, No. 1, 2009
Number of pages: 20 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 243 (120,443)
Citation 4

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22.

How Can Accounting Researchers Become More Innovative?

Accounting Horizons, Vol. 26, No. 4, 2012
Number of pages: 20 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 228 (128,368)

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big questions; open contests; scientism; statistical significance; graphs; figures

23.

Sprouse’s What-You-May-Call-Its: Fundamental Insight or Monumental Mistake?

Number of pages: 27 Posted: 03 Apr 2010
Sudipta Basu and Gregory B. Waymire
Temple University - Department of Accounting and Emory University - Department of Accounting
Downloads 223 (131,189)
Citation 2

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Recordkeeping Alters Economic History by Promoting Reciprocity

Number of pages: 60 Posted: 08 Nov 2007 Last Revised: 22 May 2014
Temple University - Department of Accounting, Chapman University (Deceased), University of Illinois at Urbana-Champaign, Emory University and Emory University - Department of Accounting
Downloads 221 (131,960)
Citation 6

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Reciprocity, accounting, recordkeeping

Recordkeeping Alters Economic History by Promoting Reciprocity

Proceedings of the National Academy of Sciences, Vol. 106, No. 4, pp. 1009-1014, January 27, 2009
Posted: 21 Jan 2009
Temple University - Department of Accounting, Chapman University (Deceased), University of Illinois at Urbana-Champaign, Emory University and Emory University - Department of Accounting

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accounting, economic institutions, trust, memory, image score

25.

Auditor Conservatism and Quarterly Earnings

Number of pages: 57 Posted: 03 May 2014
Sudipta Basu, Lee-Seok Hwang and Ching-Lih Jan
Temple University - Department of Accounting, Seoul National University - College of Business Administration and California State University, East Bay
Downloads 204 (142,810)
Citation 20

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Quarterly earnings; Earnings-return relation; Negative returns

26.

Professional Knowledge and the Historical Emergence of Accounting Norms

Number of pages: 52 Posted: 13 Apr 2013 Last Revised: 19 Apr 2014
Temple University - Department of Accounting, University of Florida, UNCC - Turner School of Accountancy and Emory University - Department of Accounting
Downloads 204 (142,810)

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knowledge sharing, norms, accounting profession, agent-based modeling

27.

Devil's Advocate: The Most Incorrect Beliefs of Accounting Experts

Accounting Horizons, Vol. 27, No. 4, 2013, Fox School of Business Research Paper No. 14-005
Number of pages: 7 Posted: 20 Apr 2014 Last Revised: 28 May 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 194 (149,720)

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28.

Director-Liability-Reduction Laws and Conditional Conservatism

29th Annual Conference on Financial Economics & Accounting 2018
Number of pages: 61 Posted: 01 Aug 2016 Last Revised: 23 Jan 2019
Sudipta Basu and Yi Liang
Temple University - Department of Accounting and Temple University - Department of Accounting
Downloads 165 (172,975)

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Litigation Risk, Corporate Governance, D&O Insurance, Non-Officer Directors, Board Monitoring

29.

Discussion — The Reliability of Fair Value Versus Historical Cost Information: Evidence from Closed-End Mutual Funds

Journal of Accounting, Auditing and Finance, Vol. 18, No. 1, 2003
Number of pages: 15 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 142 (196,076)
Citation 1

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30.

Discussion of International Differences in the Timeliness, Conservatism, and Classification of Earnings

Journal of Accounting Research, Vol. 37, No. Supplement, 1999
Number of pages: 12 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 113 (233,617)
Citation 7

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31.

The Economic Value of Debits = Credits

Number of pages: 52 Posted: 02 Jan 2018 Last Revised: 17 Jun 2018
Sudipta Basu and Gregory B. Waymire
Temple University - Department of Accounting and Emory University - Department of Accounting
Downloads 107 (242,886)

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Double-entry bookkeeping, economic exchange, profit measurement, discovery process

32.

Auditor Conservatism and Analysts' Fourth Quarter Earnings Forecasts

Journal of Accounting and Finance Research, 2005, Vol. 13 No. 5, 211-235
Number of pages: 25 Posted: 03 May 2014
Sudipta Basu, Lee-Seok Hwang and Ching-Lih Jan
Temple University - Department of Accounting, Seoul National University - College of Business Administration and California State University, East Bay
Downloads 94 (265,080)
Citation 7

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33.

Modeling Conditional Distribution Discontinuities

Fox School of Business Research Paper No. 18-009
Number of pages: 54 Posted: 14 Feb 2018 Last Revised: 01 Aug 2018
Dmitri Byzalov and Sudipta Basu
Temple University - Fox School of Business and Management - Department of Accounting and Temple University - Department of Accounting
Downloads 93 (266,958)

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standardized difference test; zero benchmark; smooth distribution; nonlinear interpolation; conditional distribution

34.

Historical Cost and Conservatism are Joint Adaptations that Help Identify Opportunity Cost

Accounting, Economics and Law--A Convivium, Forthcoming, Fox School of Business Research Paper No. 18-004
Number of pages: 35 Posted: 20 Nov 2017 Last Revised: 09 Jan 2018
Sudipta Basu and Gregory B. Waymire
Temple University - Department of Accounting and Emory University - Department of Accounting
Downloads 83 (286,542)

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conservatism, historical cost, opportunity cost, knowledge problem, discovery process

35.

What Do We Learn from Two New Accounting-Based Stock Market Anomalies?

Journal of Accounting and Economics, Vol. 38, Nos. 1-3, 2004
Number of pages: 16 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 78 (297,375)
Citation 5

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Behavioral finance; Institutional evolution; Market design; Joint hypothesis; Economic significance

36.

Modeling the Determinants of Meet-or-Just-Beat Behavior in Distribution Discontinuity Tests

Fox School of Business Research Paper No. 18-041
Number of pages: 57 Posted: 12 Oct 2018 Last Revised: 10 Feb 2019
Dmitri Byzalov and Sudipta Basu
Temple University - Fox School of Business and Management - Department of Accounting and Temple University - Department of Accounting
Downloads 75 (304,232)

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standardized difference test; performance benchmark; bright-line rule; smooth distribution; nonlinear interpolation; conditional distribution

37.

Discussion — The Effect of Risk on Price Responses to Unexpected Earnings

Journal of Accounting, Auditing and Finance, Vol. 20, No. 4, 2005
Number of pages: 12 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 69 (318,624)

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38.

Properties of Accounting Earnings in Not-for-Profit Organizations

Number of pages: 66 Posted: 03 May 2014
Charles A. Barragato and Sudipta Basu
Stony Brook University and Temple University - Department of Accounting
Downloads 50 (372,952)
Citation 4

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Charities, Regulation, Financial Reporting

39.

Discussion of on the Asymmetric Recognition of Good and Bad News in France, Germany and the United Kingdom

Journal of Business Finance and Accounting Vol. 28 Nos. 9/10, 2001
Number of pages: 17 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 49 (376,216)
Citation 11

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40.

The Confounding Effect of Cost Stickiness in Conservatism Research

AAA 2015 Management Accounting Section (MAS) Meeting
Number of pages: 44 Posted: 18 Aug 2014
Temple University - Department of Accounting, Temple University - Department of Accounting, Temple University - Fox School of Business and Management - Department of Accounting and University of the Pacific (UOP)
Downloads 40 (407,558)

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timely loss recognition, omitted variable bias, over-investment, managerial stock ownership

41.

Discussion of Enforceable Accounting Rules and Income Measurement by Early 20th Century Railroads

Journal of Accounting Research, Vol. 41, No. 2, 2003
Number of pages: 12 Posted: 20 Apr 2014
Sudipta Basu
Temple University - Department of Accounting
Downloads 27 (463,113)
Citation 3

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42.

Neglect of Multiplicity When Testing Families of Related Hypotheses*

Number of pages: 46 Posted: 03 Sep 2009
Burt Holland, sun wei fang and Sudipta Basu
Temple University - Department of Accounting, affiliation not provided to SSRN and Temple University - Department of Accounting
Downloads 15 (528,657)
Citation 3

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multiple comparisons, Bonferroni, Holm, publication bias, journal policies

43.

How Important are Earnings Announcements as an Information Source?*

Number of pages: 46 Posted: 03 Sep 2009
Temple University - Department of Accounting, Iowa State University - Department of Accounting and Finance, University of Texas at Dallas - Naveen Jindal School of Management and affiliation not provided to SSRN
Downloads 14 (534,371)
Citation 3

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Earnings information arrival days, conditional information content, information monopoly

44.

Economic Determinants and Consequences of the Proactive Disclosure of Internal Control Weaknesses and Remediation Progress in IPO

Auditing: A Journal of Practice & Theory (Forthcoming)
Posted: 11 May 2017 Last Revised: 10 Aug 2017
Temple University - Department of Accounting, Temple University - Department of Accounting, Sungkyunkwan University and American University

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Internal Control Weaknesses; SOX 302; SOX 404; IPO Underpricing

45.

Information Efficiency of U.S. Restaurant Stocks That Are Cross-Listed in Germany

Journal of Hospitality and Tourism Research, Forthcoming
Posted: 26 Apr 2014
Yoon Koh, Seoki Lee and Sudipta Basu
University of Houston - Conrad N. Hilton College of Hotel and Restaurant Management, Independent and Temple University - Department of Accounting

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lead–lag; cross-autocorrelation; involuntary cross-listing; vector autoregression (VAR); Frankfurt Stock Exchange; information asymmetry

46.

Determinants of Involuntary Cross-Listing: U.S. Restaurant Companies’ Perspective

International Journal of Contemporary Hospitality Management, Vol. 25 No. 7, 2013
Posted: 26 Apr 2014
Yoon Koh, Seoki Lee, Sudipta Basu and Wes Roehl
University of Houston - Conrad N. Hilton College of Hotel and Restaurant Management, Independent, Temple University - Department of Accounting and Temple University - School of Tourism and Hospitality Management

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Involuntary cross-listing, Cross-listing, Determinants, Frankfurt Stock Exchange, Restaurants, Stocks, Stock exchanges

47.

International Variation in Accounting Measurement Rules and Analysts’ Earnings Forecast Errors

Journal of Business Finance and Accounting, Vol. 25, Nos. 9/10, 1998
Posted: 26 Apr 2014
Sudipta Basu, Lee-Seok Hwang and Ching-Lih Jan
Temple University - Department of Accounting, Seoul National University - College of Business Administration and California State University, East Bay

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accrual accounting, cross-country comparisons, earnings unpredictability, tax and financial alignment, Random Walk model

48.

Timeliness and Conservatism of Taiwanese Earnings

Asia-Pacific Journal of Accounting & Economics, Vol. 12, No. 2, 2005
Posted: 26 Apr 2014
Sudipta Basu
Temple University - Department of Accounting

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shareholder lawsuits, ownership structure, enforcement, ownership, control

49.

Corporate Governance, Top Executive Compensation and Firm Performance in Japan

Pacific-Basin Finance Journal, Vol. 15, No. 1, 2007
Posted: 26 Apr 2014
Sudipta Basu, Lee-Seok Hwang, Toshi and Joseph Weintrop
Temple University - Department of Accounting, Seoul National University - College of Business Administration, Independent and City University of New York - Baruch College - Stan Ross Department of Accountancy

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Main bank; Managerial opportunism; Family control

50.

Neuroaccounting: Consilience Between the Biologically Evolved Brain and Culturally Evolved Accounting Principles

Accounting Horizons, Vol. 24, No. 2, pp. 221-255, 2010
Posted: 02 Aug 2010
Chapman University (Deceased), Temple University - Department of Accounting, George Mason University - Department of Economics and Emory University - Department of Accounting

Abstract:

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Accounting principles, human brain, evolution

51.

Sprouse's What-You-May-Call-It: Fundamental Insight or Monumental Mistake?

Accounting Historians Journal, Vol. 37, No. 1, pp. 121-148, June 2010
Posted: 26 Jul 2010
Sudipta Basu and Gregory B. Waymire
Temple University - Department of Accounting and Emory University - Department of Accounting

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Accounting principles, conceptual framework

52.

The Usefulness of Industry Segment Information

Posted: 28 Aug 2000 Last Revised: 22 May 2014
Sudipta Basu, Edward B. Douthett and Steve C. Lim
Temple University - Department of Accounting, George Mason University - School of Business and Texas Christian University - M.J. Neeley School of Business

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53.

The Conservatism Principle and the Asymmetric Timeliness of Earnings

Posted: 08 Jul 1998
Sudipta Basu
Temple University - Department of Accounting

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Other Papers (2)

Total Downloads: 85    Citations: 1
1.

The Use of Accounting Numbers by Information Intermediaries in the Pre-Sec Era

,
Number of pages: 43 Posted: 17 Sep 2004
Temple University - Department of Accounting, University of Mississippi - Patterson School of Accountancy and Emory University - Department of Accounting
Downloads 75
Citation 1

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2.

Economic Determinants and Consequences of Voluntary Disclosure of Internal Control Effectiveness: Evidence from Initial Public Offerings

CAAA Annual Conference 2012
Number of pages: 46 Posted: 16 Jan 2012
Temple University - Department of Accounting, Temple University - Department of Accounting, Sungkyunkwan University and American University
Downloads 10

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Material Weaknesses, SOX 302, SOX 404, IPO Underpricing