Faculty Directory

Phillip C. Stocken

Professor of Accounting

Email

phillip.c.stocken@tuck.dartmouth.edu

Phone

603-646-2843

Personal Website

http://faculty.tuck.dartmouth.edu/phillip-stocken/

Degree

PhD, Pennsylvania State University, 1998; MCom, University of the Witwatersrand, 1995; BCom (Hons) (first class), University of the Witwatersrand, 1988; Chartered Accountant (SA)

Areas of Expertise

Theoretical analysis of accounting and auditing issues

Current Research Topics

  • Accounting valuation rules
  • Credible communication of information
  • Earnings management
  • Corporate governance
  • Voluntary disclosure


Professional Activities

Academic positions

  • Dartmouth College, Associate Dean for the MBA Program, July 2013–present
  • Tuck School of Business, 2003–present
  • Assistant Professor of Accounting, The Wharton School, University of Pennsylvania, 1997–2003

Nonacademic positions

  • Assistant Audit Manager, Ernst & Young, 1989–91

Board memberships

  • Director, West Central Behavioral Health, 2011–present

Editorial positions

  • Co-Editor: The Accounting Review
  • Editorial Board: The Accounting Review: 2005–2011, Review of Accounting Studies: 2003–2013
  • Reviewer for the National Science Foundation
  • Ad Hoc Reviewer: American Economic Review; The Accounting Review; Auditing: A Journal of Practice & Theory; Contemporary Accounting Research; Economic Journal; The European Accounting Review; Journal of Accounting & Economics; Journal of Accounting Research; Journal of Economics and Management Strategy; Journal of Economic Theory; Journal of the European Economic Association; Journal of Finance; Games and Economic Behavior; Journal of Law, Economics, & Organization; Management Science; RAND Journal of Economics; Review of Accounting Studies; Review of Economic Studies; Review of Financial Studies


Working Papers

  • With V. Laux, “Accounting Standards, Regulatory Enforcement, and Investment Decisions,” April 2013
  • With R. Sansing, “Corporate Governance in a Competitive Environment,” September 2011
  • With A. Hutton, “Prior Forecasting Accuracy and Investor Reaction to Management Earnings Forecasts,” December 2010


Awards

  • Tuck Class of 2011 Award for Excellence in Teaching, 2011 (inaugural award)
  • Wharton School Graduate Division Miller-Sherrerd MBA Core Teaching Award 2003, 2002
  • Wharton Graduate Association Teaching Award, 2001
  • Wharton Graduate Association MBA Core Curriculum Teaching Award, 2000, 1999

Selected Publications

  • With L. Robinson, “Location of Decision-Rights within Multinational Firms.” Journal of Accounting of Research, Volume 51, Issue 5, December 2013
  • With P. Hummel and J. Morgan, “A Model of Flops.” RAND Journal of Economics, Vol. 44, No. 4, Winter 2013
  • With V. Laux, "Managerial Reporting, Overoptimism, and Litigation Risk," Journal of Accounting and Economics, 53(3), June 2012
  • With P.E. Fischer, "Communicating in the Presence of Another Information Source," Accounting Review, 85(6), November 2010
  • With J. Morgan, "Information Aggregation in Polls," American Economic Review, 98(3), 2008
  • With R. Reis, "Strategic Consequences of Historical Cost and Fair Value Measurements," Contemporary Accounting Research, 24(2), 2007
  • With J.L. Rogers, "Credibility of Management Forecasts," Accounting Review, 80(4), 2005
  • With P.E. Fischer, "Effect of Speculation on Earnings Management and Investor Information," Journal of Accounting Research, 42(5), 2004
  • With R.E. Verrecchia, "Financial Reporting System Choice and Disclosure Management," Accounting Review, 79(4), 2004
  • With J. Morgan, "An Analysis of Stock Recommendations," RAND Journal of Economics, 34(1), Spring 2003
  • With P.E. Fischer, "Information Intermediaries and Communication," Journal of Accounting Research, 39(1), June 2001
  • "Credibility of Voluntary Disclosure," RAND Journal of Economics, 31(2), Summer 2000