Faculty Directory

Anup Srivastava

Assistant Professor of Business Administration





Personal Website



PhD, Texas A&M University, 2008; MBA, University of Delhi, 1990; BTech, Indian Institute of Technology, 1988

Areas of Expertise

Accounting, capital markets

Current Research Topics

  • Earnings quality
  • Management forecasts
  • CEO pay
  • Executive stock options
  • Accounting conservatism
  • Intangibles
  • Financial risks

Professional Activities

Academic positions

  • Tuck School of Business, 2014–present
  • Assistant Professor, Kellogg School of Management, Northwestern University, 2008–2014

Nonacademic positions

  • Secretary and Treasurer, Usha Communications Technology, 2000–03
  • Director of Finance, IndiaServer.com, 2000
  • Vice President, Aditya Birla Group, 1996–2000
  • Associate Vice President, ICICI Bank, 1990–96

Editorial positions

Ad Hoc Reviewer

  • Accounting Horizons
  • The Accounting Review
  • Contemporary Accounting Review
  • Financial Management
  • Journal of Accounting and Public Policy
  • Journal of Accounting Research

Working Papers

  • With S. Tse, “Why are New Cohorts of Listed Firms Riskier than Previous New-List Cohorts?
  • “Investments in Non-R&D Intangible Capital”
  • With L. Enache and L.A. Parbonetti, “Are All Independent Directors Created Equal? Do Their Professional Backgrounds Influence Firms’ Financial Disclosures? Evidence from Biotechnology Firms”
  • With H. Hong and J.B. Kim, “Divergence Between Voting and Cash Flow Rights, Information Opacity, and Mispricing of Dual-Class Equity Shares ”
  • With D. Aobdia and E. Wang, “The Role of Immigration in Large Public Accounting Firms”
  • With S. Tse, “Gains Conservatism–An Ignored Topic in Accounting Research”


  • Best Paper, Midwest AAA meeting, 2012
  • Lawrence Revsine Research Fellowship, Kellogg School of Management, 2011
  • Deloitte Fellowship for doctoral studies, 2006–2008
  • Mays Business School Dean’s Scholarship for Meritorious Performance, 2006
  • Regents’ Scholarship, Texas A&M University, 2004
  • National Talent Search Scholarship, Government of India, 1984–1990

Selected Publications

  • “Why Have Measures of Earnings Quality Changed Over Time?” Journal of Accounting and Economics, forthcoming
  • With S.V. Sunder and S. Tse, “Timely Loss Recognition and the Early Termination of Loss Making Projects,” China Journal of Accounting Research, forthcoming
  • “Do CEOs Possess any Extraordinary Ability? Can Those Abilities Justify Large CEO Pay?” Asia-Pacific Journal of Accounting & Economics, 20(4), 2013
  • With L. Rees and S. Tse, “Seemingly Opportunistic Management Earnings Guidance before Stock Option Grants: Does it Misrepresent Firms’ Underlying Performance?” Asia-Pacific Journal of Accounting & Economics, 2013
  • “Selling-Price Estimates in Revenue Recognition and Earnings Informativeness,” Review of Accounting Studies, 2013
  • With M.L. McAnally and C. Weaver, “Executive Stock Options, Missed Earnings Targets, and Earnings Management,” The Accounting Review, 83(1), 2008
  • With J. Efendi and E.P. Swanson, “Why do Corporate Managers Misstate Financial Statements? The Role of In-the-Money Options and Other Incentives,” Journal of Financial Economics, 85(3), 2007