Huddart Named Accounting Department Chair
UNIVERSITY PARK, PA (July 27, 2011) – Penn State Smeal College of Business professor Steven Huddart has been named chair of the college's Department of Accounting and the Smeal Chair Professor in Accounting.
Huddart joined the Smeal faculty in 1999 and was named KPMG Professor of Accounting in 2006. Prior to Smeal, he taught at Duke University, the University of Michigan, and Stanford University.
Huddart's research focus is on how information and incentives affect decisions. He has examined the relationships between disclosure and insider trading; the financial reporting, taxation, compensation, and valuation aspects of employee stock options; the effects of ownership structure on corporate value; the determinants of portfolio choices made by investment advisers; and the determinants of trading volume.
He has been published in Accounting Horizons, Contemporary Accounting Research, Econometrica, the Journal of Financial Markets, the Journal of Accounting & Economics, Management Science, the Quarterly Journal of Economics, and the Review of Accounting Studies. Huddart has also published cases on indirect cost allocation and the taxation of a corporate acquisition.
He teaches financial accounting, managerial accounting, and tax planning at Smeal at the graduate and postgraduate levels.
Huddart is a Chartered Accountant (Canada) and associate editor of the Journal of Accounting & Economics. Previously, he served as an editor of the Accounting Review, an associate editor of Contemporary Accounting Research, and on the editorial boards of the Review of Accounting Studies and the Journal of Accounting Case Research.
He has addressed the Financial Accounting Standards Board, the Financial Executives Institute, and other practitioner groups on aspects of stock-based compensation.
Huddart holds a Ph.D. and two master's degrees from Yale University and a bachelor's degree from the University of Waterloo.