Sugata Roychowdhury

Northwestern University Kellogg School of Management

Professor

2211 Campus Drive

Evanston, IL IL 60208

United States

http://https://www.kellogg.northwestern.edu/faculty/directory/roychowdhury_sugata.aspx

  • Northwestern University Kellogg School of Management

SCHOLARLY PAPERS

22

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30,104

TOTAL CITATIONS
Rank 1,236

SSRN RANKINGS

Top 1,236

in Total Papers Citations

703

Scholarly Papers (22)

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1.

Earnings Management Through Real Activities Manipulation

Number of pages: 54 Posted: 19 Dec 2003
Sugata Roychowdhury
Northwestern University Kellogg School of Management
Downloads 8,434 (1,624)
Citation 341

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Real activities manipulation, small profits, earnings management, cash flow from operations, cash flow manipulation, real activities, real manipulation

2.

Asymmetric Timeliness of Earnings, Market-to-Book and Conservatism in Financial Reporting

MIT Sloan Research Paper No. 4550-05, Simon Business School Working Paper No. FR 04-21
Number of pages: 56 Posted: 20 Dec 2004
Sugata Roychowdhury and Ross L. Watts
Northwestern University Kellogg School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,631 (6,754)
Citation 54

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Conservatism, asymmetric timeliness, accruals, earnings management, international accounting, executive compensation, debt financing

3.

The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review

Journal of Accounting & Economics (JAE), Forthcoming, MIT Sloan Research Paper No. 5616-18
Number of pages: 83 Posted: 07 Aug 2020 Last Revised: 10 Aug 2020
Sugata Roychowdhury, Nemit Shroff and Rodrigo S. Verdi
Northwestern University Kellogg School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)
Downloads 3,056 (8,901)
Citation 41

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financial accounting, disclosure, real effects, investment, M&A, capital budgeting, agency frictions

4.

Managerial Ownership and Accounting Conservatism

Number of pages: 55 Posted: 12 Sep 2006
Ryan LaFond and Sugata Roychowdhury
Algert Global, LLC and Northwestern University Kellogg School of Management
Downloads 2,733 (10,625)
Citation 54

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accounting conservatism, conservatism, managerial ownership, CEO ownership, agency costs, agency problems

5.

Auditor Lobbying on Accounting Standards

Journal of Law, Finance & Accounting, Forthcoming
Number of pages: 60 Posted: 07 Jan 2015 Last Revised: 26 Mar 2018
Abigail M. Allen, Karthik Ramanna and Sugata Roychowdhury
Brigham Young University - Marriott School, University of Oxford - Blavatnik School of Government and Northwestern University Kellogg School of Management
Downloads 2,349 (13,508)
Citation 4

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Auditors, FASB, GAAP, Lobbying, Litigation

6.

Does Litigation Deter or Encourage Real Earnings Management?

The Accounting Review, Forthcoming, Singapore Management University School of Accountancy Research Paper No. 2020-108
Number of pages: 56 Posted: 18 May 2017 Last Revised: 13 Jul 2020
Sterling Huang, Sugata Roychowdhury and Ewa Sletten
New York University (NYU) - New York University (NYU), Shanghai, Northwestern University Kellogg School of Management and The Ohio State University
Downloads 2,058 (16,705)
Citation 78

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Real Earnings Management, Earnings Management, Deterrence, Litigation, Corporate Governance

7.

Voluntary Disclosure Incentives and Earnings Informativeness

Accounting Review, Forthcoming
Number of pages: 57 Posted: 12 Aug 2008 Last Revised: 25 May 2012
Sugata Roychowdhury and Ewa Sletten
Northwestern University Kellogg School of Management and The Ohio State University
Downloads 1,222 (36,827)
Citation 36

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earnings disclosure, earnings information, disciplinary role, managerial disclosures, voluntary disclosure, earnigs announcement returns, Sarbanes Oxley Act

8.

Investor Sentiment and Corporate Disclosure

Number of pages: 37 Posted: 23 Apr 2007 Last Revised: 13 Mar 2008
Nittai Bergman and Sugata Roychowdhury
Tel Aviv University and Northwestern University Kellogg School of Management
Downloads 1,162 (39,675)
Citation 31

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Disclosure, Investor Sentiment, Management Forecasts, Voluntary Disclosure

9.

Are All Special Items Equally Special? The Predictive Role of Conservatism

Number of pages: 48 Posted: 18 Jul 2007 Last Revised: 11 Jan 2009
Richard M. Frankel and Sugata Roychowdhury
Washington University in Saint Louis - Olin Business School and Northwestern University Kellogg School of Management
Downloads 793 (67,514)
Citation 12

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asymmetric timeliness, differential timeliness, special items, special items persistence, earnings persistence, conservatism, strategic reporting, special items classification, CSCORE, predicted conservatism

10.

Elections and Discretionary Accruals: Evidence from 2004

Journal of Accounting Research, Forthcoming, Harvard Business School Accounting & Management Unit Working Paper No. 09-103
Number of pages: 51 Posted: 01 Apr 2008 Last Revised: 01 Jan 2010
Karthik Ramanna and Sugata Roychowdhury
University of Oxford - Blavatnik School of Government and Northwestern University Kellogg School of Management
Downloads 756 (71,986)
Citation 6

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accounting information, accruals management, campaign contributions, discretionary accruals, earnings management, election outcomes, political currency, political economy, political process

11.

Internalizing Peer Firm Product Market Concerns: Supply Chain Relations and M&A Activity

Number of pages: 70 Posted: 26 Aug 2022 Last Revised: 12 Aug 2024
Farzana Afrin, Jinhwan Kim, Sugata Roychowdhury and Benjamin Yost
California State University, Fullerton, Stanford Graduate School of Business, Northwestern University Kellogg School of Management and Boston College - Department of Accounting
Downloads 753 (72,361)
Citation 1

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Spillovers, product market competition, supply chains, mergers and acquisitions JEL classification: D22, D62, D83, G34, L14, M41

12.

The Role of Gatekeepers in Capital Markets

Downloads 700 (79,490)

The Role of Gatekeepers in Capital Markets

Number of pages: 42 Posted: 04 Apr 2019
Sugata Roychowdhury and Suraj Srinivasan
Northwestern University Kellogg School of Management and Harvard Business School
Downloads 700 (78,342)

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The Role of Gatekeepers in Capital Markets

Journal of Accounting Research, Vol. 57, No. 2, 2019
Posted: 24 Jun 2019
Sugata Roychowdhury and Suraj Srinivasan
Northwestern University Kellogg School of Management and Harvard Business School

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gatekeepers; regulators; credit rating agencies; credit rating; SEC; acquisitions; mandatory disclosures; litigation risk; courts of law; judge ideology; auditors; audit committee; FINRA; financial advisors

13.

Do Loan Loss Reserves Behave like Capital? Evidence from Recent Bank Failures

Downloads 689 (81,230)
Citation 18

Do Loan Loss Reserves Behave like Capital? Evidence from Recent Bank Failures

Number of pages: 61 Posted: 22 Jul 2010 Last Revised: 15 Feb 2014
Jeffrey Ng and Sugata Roychowdhury
The University of Hong Kong - Faculty of Business and Economics and Northwestern University Kellogg School of Management
Downloads 689 (80,077)
Citation 18

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Bank Failure, Bank Risk, Regulatory Capital, Capital Adequacy, Loan Loss Reserves, Loan Loss Provisions, Loan Charge-Offs

Do Loan Loss Reserves Behave Like Capital? Evidence from Recent Bank Failures

Review of Accounting Studies, Forthcoming
Posted: 15 Feb 2014
Jeffrey Ng and Sugata Roychowdhury
The University of Hong Kong - Faculty of Business and Economics and Northwestern University Kellogg School of Management

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bank failure, bank risk, regulatory capital, capital adequacy, loan loss reserves, loan loss provisions

14.

Do Financial Market Developments Influence Accounting Practices? Credit Default Swaps and Borrowers’ Reporting Conservatism

Forthcoming Journal of Accounting and Economics
Number of pages: 62 Posted: 03 Jan 2012 Last Revised: 13 Sep 2014
Xiumin Martin and Sugata Roychowdhury
Washington University in Saint Louis - Olin School of Business and Northwestern University Kellogg School of Management
Downloads 402 (157,073)
Citation 23

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credit default swaps, timely loss recognition, conservatism, financial market developments, lender monitoring

15.

Common Ownership, Common Information Environment?

Number of pages: 61 Posted: 17 Jul 2019
In Ji Jang, Mahdi Mohseni, Sugata Roychowdhury and Ewa Sletten
Bentley University - Department of Finance, Securities and Exchange Commission, Northwestern University Kellogg School of Management and The Ohio State University
Downloads 390 (162,467)
Citation 1

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Common ownership, institutional investors, financial statement comparability, restatements, analyst coverage, analyst forecast revisions, analyst forecast errors, investment sensitivity, peer firm learning

16.

Changes in Lending Practices and Borrower Reporting Quality: Evidence from Chinese State Bank Privatizations

Number of pages: 66 Posted: 07 Mar 2016 Last Revised: 12 Feb 2018
Deqiu Chen, Xuejiao Liu, Xiumin Martin and Sugata Roychowdhury
University of International Business and Economics, University of International Business and Economics, Washington University in Saint Louis - Olin School of Business and Northwestern University Kellogg School of Management
Downloads 258 (252,609)

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Privatization, Chinese State Banks, state bank IPOs, IPOs, lending practices, loan terms, financial reporting quality, earnings quality, borrower performance, political control, governance

17.

Real Effects of Non-Concurrent Guidance from Accounting and Prudential Regulators: Evidence from CECL

Number of pages: 61 Posted: 01 Jul 2023
Riddha Basu, Sugata Roychowdhury and Kirti Sinha
George Washington University - School of Business, Northwestern University Kellogg School of Management and Naveen Jindal School of Management, UT Dallas
Downloads 219 (296,603)
Citation 1

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Real Effects; Debt Contracting; CECL; Accounting Standards; Prudential Regulation; Investments

18.

Do Financial Market Developments Influence Accounting Practices? Credit Default Swaps and Borrowers’ Asymmetric Loss Recognition Timeliness

Number of pages: 40 Posted: 02 Nov 2009 Last Revised: 07 Nov 2010
Guojin Gong, Xiumin Martin and Sugata Roychowdhury
University of Connecticut, Washington University in Saint Louis - Olin School of Business and Northwestern University Kellogg School of Management
Downloads 212 (305,974)
Citation 1

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credit default swaps, timely loss recognition, conservatism, economic crisis, financial market developments, lender monitoring

19.

Just Friends? Managers' Connections to Judges

Number of pages: 51 Posted: 26 Jun 2024
Sterling Huang, Sugata Roychowdhury, Ewa Sletten and Yanping Xu
New York University (NYU) - New York University (NYU), Shanghai, Northwestern University Kellogg School of Management, The Ohio State University and Sun Yat-sen University (SYSU)
Downloads 167 (380,094)
Citation 1

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social connections, litigation, security class action, judge biases, financial reporting, disclosure

20.

Information at Your Fingertips: Mobile Technology and Analyst Forecast Performance

Singapore Management University School of Accountancy Research Paper Forthcoming
Number of pages: 60 Posted: 24 Jan 2025
Bingxu Fang, Sterling Huang, Sugata Roychowdhury and Ewa Sletten
Singapore Management University - School of Accountancy, New York University (NYU) - New York University (NYU), Shanghai, Northwestern University Kellogg School of Management and The Ohio State University
Downloads 120 (497,255)

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mobile technology, financial analysts, forecast accuracy, forecast timelines

21.

Clarity Begins at Home: Internal Information Asymmetry and External Communication Quality

The Accounting Review, Forthcoming
Posted: 24 Jun 2015 Last Revised: 05 May 2017
Chen Chen, Xiumin Martin, Sugata Roychowdhury, Xin Wang and Matthew T. Billett
Monash University - Department of Accounting, Washington University in Saint Louis - Olin School of Business, Northwestern University Kellogg School of Management, The University of Hong Kong and Indiana University - Kelley School of Business - Department of Finance

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Internal information asymmetry, management forecasts, accounting restatements

22.

Managing for the Moment: The Role of Earnings Management via Real Activities versus Accruals in SEO Valuation

Accounting Review, Forthcoming
Posted: 10 Jan 2012 Last Revised: 31 May 2015
S.P. Kothari, Natalie Mizik, Natalie Mizik and Sugata Roychowdhury
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of North Carolina (UNC) at Chapel HillUniversity of Washington and Northwestern University Kellogg School of Management

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Earnings Management, Discretionary Accruals, Real Activity Manipulation, Seasoned Equity Offering, SEO Overvaluation, SEO Return Reversal, Earnings Management Opacity