Theodore Sougiannis

University of Illinois at Urbana-Champaign - Department of Accountancy

KPMG Professor of Accountancy

360 Wohlers Hall

1206 South Sixth Street

Champaign, IL 61820

United States

  • University of Illinois at Urbana-Champaign - Department of Accountancy

    • Email
    • Tel: 217-244-0555
    • Fax: 217-244-0902
SCHOLARLY PAPERS

25

DOWNLOADS
Rank 356

SSRN RANKINGS

Top 356

in Total Papers Downloads

68,392

SSRN CITATIONS
Rank 1,440

SSRN RANKINGS

Top 1,440

in Total Papers Citations

233

CROSSREF CITATIONS

624

Scholarly Papers (25)

Actions:
Email selected abstracts
1.

A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation

Number of pages: 68 Posted: 31 Mar 1997
Stephen H. Penman and Theodore Sougiannis
Columbia Business School - Department of Accounting and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 46,923 (41)
Citation 30

Abstract:

Loading...

2.

The Stock Market Valuation of Research and Development Expenditures

Downloads 3,636 ( 4,093)
Citation 313

The Stock Market Valuation of Research and Development Expenditures

Number of pages: 43 Posted: 03 Jan 2000
Louis K.C. Chan, Josef Lakonishok and Theodore Sougiannis
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 3,252 (4,890)
Citation 30

Abstract:

Loading...

The Stock Market Valuation of Research and Development Expenditures

NBER Working Paper No. w7223
Number of pages: 46 Posted: 11 Jun 2000 Last Revised: 20 Apr 2022
Louis K.C. Chan, Josef Lakonishok and Theodore Sougiannis
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 384 (106,127)
Citation 44

Abstract:

Loading...

3.

What Value Analysts?

Number of pages: 41 Posted: 13 Jan 2000
Eli Amir, Baruch Lev and Theodore Sougiannis
Tel Aviv University, New York University - Stern School of Business and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 2,897 (6,066)
Citation 13

Abstract:

Loading...

4.

The Usefulness of Accounting Estimates for Predicting Cash Flows and Earnings

Downloads 2,105 ( 10,079)
Citation 12

The Usefulness of Accounting Estimates for Predicting Cash Flows and Earnings

Number of pages: 64 Posted: 06 May 2005 Last Revised: 02 Feb 2009
Siyi Li, Baruch Lev and Theodore Sougiannis
California State University, Fullerton - Department of Accounting, New York University - Stern School of Business and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 1,640 (14,804)
Citation 12

Abstract:

Loading...

Accounting Estimates: Pervasive, Yet of Questionable Usefulness

NYU Working Paper No. 2451/27469
Number of pages: 52 Posted: 08 Oct 2008
Baruch Lev, Siyi Li and Theodore Sougiannis
New York University - Stern School of Business, California State University, Fullerton - Department of Accounting and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 465 (84,659)

Abstract:

Loading...

5.

Empirical Estimation of the Expected Rate of Return on a Portfolio of Stocks

Number of pages: 41 Posted: 30 Oct 2000
Peter D. Easton, Gary K. Taylor, Theodore Sougiannis and Pervin K. Shroff
University of Notre Dame - Department of Accountancy, University of Alabama - Culverhouse College of Commerce & Business Administration, University of Illinois at Urbana-Champaign - Department of Accountancy and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 1,960 (11,388)
Citation 7

Abstract:

Loading...

Rate of return, market premium, residual income model

6.

An Evaluation of Sfas No. 130 Comprehensive Income Disclosures

Number of pages: 53 Posted: 11 Jan 2005
Dennis J. Chambers, Thomas J. Linsmeier, Catherine Shakespeare and Theodore Sougiannis
Kennesaw State University, Financial Accounting Standards Board, University of Michigan - Stephen M. Ross School of Business and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 1,533 (16,686)
Citation 11

Abstract:

Loading...

Comprehensive income, capital markets, SFAS 130, summary measures of performance

7.

The Accuracy and Bias of Equity Values Inferred from Analysts' Earnings Forecasts

Downloads 1,519 ( 16,921)

The Accuracy and Bias of Equity Values Inferred from Analysts' Earnings Forecasts

Number of pages: 37 Posted: 17 Jan 2001
Takashi Yaekura and Theodore Sougiannis
Waseda University, School of Commerce and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 1,519 (16,618)
Citation 5

Abstract:

Loading...

Residual income, Equity valuation, Earnings forecasts, Conservatism

The Accuracy and Bias of Equity Values Inferred from Analysts' Earnings Forecasts

Posted: 24 Aug 2001
Takashi Yaekura and Theodore Sougiannis
Waseda University, School of Commerce and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

Residual income; Equity valuation; Earnings forecasts; Conservatism

8.

R&D Reporting Biases and Their Consequences

Downloads 1,182 ( 24,622)
Citation 51

R&D Reporting Biases and Their Consequences

Number of pages: 60 Posted: 20 Aug 2004
Baruch Lev, Bharat Sarath and Theodore Sougiannis
New York University - Stern School of Business, Rutgers University and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 937 (33,859)
Citation 7

Abstract:

Loading...

R&D Accounting, Reporting Biases, Market Valuation, Mispricing

R&D Reporting Biases and Their Consequences

NYU Working Paper No. 2451/27470
Number of pages: 60 Posted: 08 Oct 2008
Baruch Lev, Bharat Sarath and Theodore Sougiannis
New York University - Stern School of Business, Rutgers University and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 245 (170,377)
Citation 6

Abstract:

Loading...

R&D Reporting Biases and their Consequences

Contemporary Accounting Research, Vol. 22, No. 4, Winter 2005
Posted: 01 Sep 2005
Baruch Lev, Bharat Sarath and Theodore Sougiannis
New York University - Stern School of Business, Rutgers University and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

R&D Accounting, Reporting Biases, Market Valuation, Mispricing

9.

The Accrual Effect on Future Earnings

Downloads 991 ( 31,688)

The Accrual Effect on Future Earnings

Number of pages: 35 Posted: 18 Nov 2003
Narasimhan Jegadeesh, Konan Chan and Theodore Sougiannis
Emory University - Department of Finance, National Chengchi Unversity (NCCU) - Finance and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 991 (31,239)

Abstract:

Loading...

The Accrual Effect on Future Earnings

Posted: 18 Nov 2003
Narasimhan Jegadeesh, Konan Chan and Theodore Sougiannis
Emory University - Department of Finance, National Chengchi Unversity (NCCU) - Finance and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

10.

Predicting Profitability Using Machine Learning

Number of pages: 64 Posted: 14 Oct 2019 Last Revised: 29 Oct 2019
Vic Anand, Robert Brunner, Kelechi Ikegwu and Theodore Sougiannis
University of Illinois at Urbana-Champaign - Department of Accountancy, University of Illinois at Urbana-Champaign - Department of Accountancy, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 986 (31,938)
Citation 5

Abstract:

Loading...

fundamental analysis, forecasting, machine learning

11.

Mandatory IFRS Adoption and the Usefulness of Accounting Information in Predicting Future Earnings and Cash Flows

Number of pages: 51 Posted: 10 Apr 2017 Last Revised: 11 Jun 2021
Siyi Li, Theodore Sougiannis and Sophia Wang
California State University, Fullerton - Department of Accounting, University of Illinois at Urbana-Champaign - Department of Accountancy and California State University, Fullerton
Downloads 982 (32,125)
Citation 6

Abstract:

Loading...

IFRS, out-of-sample prediction, earnings, cash flows

12.

Auditor Credibility Impairment Spillovers: Evidence from Three Andersen Engagements

Number of pages: 37 Posted: 23 Dec 2003
Rajib Doogar, Hong Xie and Theodore Sougiannis
University of Washington, Bothell, University of Kentucky - Von Allmen School of Accountancy and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 694 (51,726)
Citation 14

Abstract:

Loading...

Auditor Credibility, Spillovers, Agency Costs, Financial Statement Credibility

13.

Does Earnings Acceleration Convey Information?

Review of Accounting Studies, Vol. 16, No. 4, 2011
Number of pages: 48 Posted: 30 Mar 2007 Last Revised: 14 Apr 2011
Ying Cao, Linda A. Myers and Theodore Sougiannis
The Chinese University of Hong Kong (CUHK) - School of Accountancy, University of Tennessee, Haslam College of Business, Accounting and Information Management and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 657 (55,536)
Citation 1

Abstract:

Loading...

earnings acceleration, earnings growth, earnings prediction, stock returns

14.

Disaggregation and the Quality of Management Earnings Forecasts

Number of pages: 50 Posted: 20 Sep 2008
Clara Xiaoling Chen, Clara Xiaoling Chen, Rajib Doogar, Laura Yue Li and Theodore Sougiannis
University of Illinois at Urbana-ChampaignUniversity of Illinois at Urbana-Champaign - Department of Accountancy, University of Washington, Bothell, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 529 (73,043)
Citation 10

Abstract:

Loading...

Management earnings forecasts

15.

Do Analysts Understand the Economic and Reporting Complexities of Derivatives?

Downloads 467 ( 84,994)

Do Analysts Understand the Economic and Reporting Complexities of Derivatives?

Singapore Management University School of Accountancy Research Paper No. 2015-32
Number of pages: 47 Posted: 17 Oct 2014 Last Revised: 14 Sep 2015
Hye Sun Chang, Michael P. Donohoe and Theodore Sougiannis
Singapore Management University - School of Accountancy, University of Illinois at Urbana-Champaign - Department of Accountancy and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 467 (84,200)
Citation 12

Abstract:

Loading...

derivatives, economic complexity, reporting complexity, hedging, sell-side analysts, earnings forecasts

Do Analysts Understand the Economic and Reporting Complexities of Derivatives?

Journal of Accounting & Economics (JAE), Forthcoming
Posted: 23 Jul 2015
Hye Sun Chang, Michael P. Donohoe and Theodore Sougiannis
Singapore Management University - School of Accountancy, University of Illinois at Urbana-Champaign - Department of Accountancy and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

derivatives, economic complexity, reporting complexity, hedging, sell-side analysts, earnings forecasts

16.

Analyst Underreaction and the Post-Forecast Revision Drift

Downloads 430 ( 93,599)
Citation 4

Analyst Underreaction and the Post-Forecast Revision Drift

Forthcoming in Journal of Business Finance and Accounting
Number of pages: 54 Posted: 16 Mar 2015 Last Revised: 13 Aug 2020
Po-Chang Chen, Ganapathi S. Narayanamoorthy, Theodore Sougiannis and Hui Zhou
Miami University of Ohio - Richard T. Farmer School of Business Administration, Tulane University - Accounting & Taxation, University of Illinois at Urbana-Champaign - Department of Accountancy and University of Auckland
Downloads 428 (93,300)
Citation 3

Abstract:

Loading...

Analyst forecast revisions; Analyst underreaction; Revision Momentum; Post-Forecast Revision Drift; PFRD

Analyst Underreaction and the Post‐Forecast Revision Drift

Journal of Business Finance & Accounting, Vol. 47, Issue 9-10, pp. 1151-1181, 2020
Number of pages: 31 Posted: 23 Nov 2020
Po-Chang Chen, Ganapathi S. Narayanamoorthy, Theodore Sougiannis and Hui Zhou
Miami University of Ohio - Richard T. Farmer School of Business Administration, Tulane University - Accounting & Taxation, University of Illinois at Urbana-Champaign - Department of Accountancy and University of Auckland
Downloads 2 (882,461)
Citation 2

Abstract:

Loading...

Analyst forecast revisions, analyst underreaction, PFRD, post‐forecast revision drift, revision momentum

17.

The Relevance of Quantifiable Audit Qualifications in the Valuation of Ipos

Number of pages: 52 Posted: 14 Jun 2006
Dimitrios C. Ghicas (Gikas), Aphroditi J. Papadaki, Theodore Sougiannis and Georgia Siougle
Athens University of Economics and Business - Department of Accounting and Finance, Athens University of Economics and Business - Department of Accounting and Finance, University of Illinois at Urbana-Champaign - Department of Accountancy and Athens University of Economics and Business - Department of Accounting and Finance
Downloads 394 (103,503)
Citation 2

Abstract:

Loading...

Audit Qualifications, Valuation, IPOs, Underwriters, Earnings Forecasts

18.

Greece in the Eurozone: Lessons from a Decade of Experience

Number of pages: 45 Posted: 24 May 2012 Last Revised: 12 Jun 2012
Elisabeth Oltheten, Theodore Sougiannis, Nickolaos G. Travlos, Nickolaos G. Travlos and Stefanos Zarkos
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign - Department of Accountancy, University of SurreyALBA Graduate Business School and Athens Laboratory of Business Administration (ALBA)
Downloads 327 (127,373)
Citation 1

Abstract:

Loading...

Greece, European Union, Euro, European Debt Crisis

19.

The Informativeness of Micro and Macro Information During Economic Crisis and Non-Crisis Periods: Evidence from Europe

Forthcoming, European Accounting Review
Number of pages: 44 Posted: 17 Oct 2016 Last Revised: 10 Jul 2019
Leonidas C. Doukakis, Dimitrios C. Ghicas (Gikas), Georgia Siougle and Theodore Sougiannis
Athens University of Economics and Business, Athens University of Economics and Business - Department of Accounting and Finance, Athens University of Economics and Business - Department of Accounting and Finance and University of Illinois at Urbana-Champaign - Department of Accountancy
Downloads 180 (227,007)

Abstract:

Loading...

economic crisis; micro and macro information; profitability prediction; stock market valuation

20.

The Accrual Anomaly: Accrual Originations, Accrual Reversals, and Resolution of Uncertainty

Contemporary Accounting Research, Forthcoming
Posted: 24 Jun 2019
Tatiana Fedyk, Zvi Singer and Theodore Sougiannis
University of San Francisco, HEC Montreal and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

Accrual Originations, Accrual Reversals, Investor Biases, Uncertainty Resolution

21.

The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General, and Administrative Costs

Downloads 0 ( 84,994)

The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General, and Administrative Costs

Contemporary Accounting Research, 29(1) (Spring 2012): 252-282
Posted: 09 Mar 2011 Last Revised: 13 Jan 2016
Clara Xiaoling Chen, Clara Xiaoling Chen, Hai Lu and Theodore Sougiannis
University of Illinois at Urbana-ChampaignUniversity of Illinois at Urbana-Champaign - Department of Accountancy, University of Toronto - Rotman School of Management and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

SG&A Cost behavior, cost asymmetry, cost stickiness, agency problem, empire building, downsizing, corporate governance

The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General, and Administrative Costs

AAA 2009 Management Accounting Section (MAS) Meeting Paper
Posted: 07 Aug 2008 Last Revised: 13 Jan 2016
Clara Xiaoling Chen, Clara Xiaoling Chen, Hai Lu and Theodore Sougiannis
University of Illinois at Urbana-ChampaignUniversity of Illinois at Urbana-Champaign - Department of Accountancy, University of Toronto - Rotman School of Management and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

SG&A Cost behavior, cost asymmetry, cost stickiness, agency problem, empire building, downsizing, corporate governance

22.

Greece in the European Union: Policy Lessons from Two Decades of Membership

Posted: 30 Jun 2004
Elisabeth Oltheten, George Pinteris and Theodore Sougiannis
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

Greece, European Union, Convergence Criteria, European Monetary Union

23.

Do Financial Analysts Get Intangibles?

European Accounting Review, Vol. 12, No. 4, 2003
Posted: 10 Nov 2003
Eli Amir, Baruch Lev and Theodore Sougiannis
Tel Aviv University, New York University - Stern School of Business and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

24.

Analysts' Interpretation and Investors' Valuation of Tax Carryforwards

Posted: 14 Oct 1998
Eli Amir and Theodore Sougiannis
Tel Aviv University and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...

25.

The Dividend Displacement Property and the Substitution of Anticipated Earnings for Dividends in Equity Valuation

THE ACCOUNTING REVIEW, Vol 72, No 1, January 1997
Posted: 30 Oct 1996
Stephen H. Penman and Theodore Sougiannis
Columbia Business School - Department of Accounting and University of Illinois at Urbana-Champaign - Department of Accountancy

Abstract:

Loading...