JOSHUA RONEN

Managing Director

​

Education and Employment

Joshua Ronen is Research Professor of Accounting at the Stern School of Business, New York University, which he had joined as a faculty member since 1973. Before that, from 1970 to 1974, he served on the faculty of the University of Chicago Business School. He received his BA in Accounting and Economics from the Hebrew University and his Ph.D. (1969) in Business Administration from Stanford University. He is also a licensed CPA in Israel and practiced public accounting for seven years..

Research Interests

Professor Ronen has published numerous books, monographs and articles in Accounting, Finance, Economics, Management Science, Psychology, and the popular press (such as the New York Times), in journals such as Accounting Review, Journal of Public Economics, Journal of Accounting Research, Journal of Finance, The Journal of Banking and Finance, The Journal of Business, Management Science, and Organizational Behavior and Human Performance. His current research includes the information content of accounting announcements, income smoothing, transfer pricing under uncertainty, incentives for information disclosure, anomalies in capital markets, rational expectation models, incentive contracting, and market microstructure. Since the Enron and other accounting scandals, Professor Ronen has focused his attention on corporate governance and in particular on the role of the auditors in safeguarding and promoting the integrity of financial statements. His proposal on financial statement insurance and restructuring the auditing profession first published in the OP-ED page of the New York Times has received wide acclaim and laudatory comments contained in a column devoted to the proposal in the Wall Street Journal and in numerous other popular media outlets. Senator Elizabeth Dole adopted the proposal as a campaign theme in her bid for the North Carolina Senate seat and later introduced the proposal in the Senate Banking Committee. Professor Ronen has done extensive research in the area of damage estimation in securities litigation.

Academic Activities

Professor Ronen served as associate director of research for the AICPA Accounting Objective Study Group. He served or is serving on the boards of numerous journals, including The Accounting Review, The Journal of Accounting Research, Accounting, Organizations and Society, Review of Quantitative Finance and Accounting, Journal of Accounting and Public Policy, The British Accounting Review, The Journal of International Financial Analysis, as well as a special editor of Management Science. He also served as Editor-In-Chief of the Journal of Accounting, Auditing, and Finance. He is also a member of many professional societies, including the American Economic Association, the American Finance Association, the American Accounting Association, the European Finance Association, and the European Accounting Association.

Professional, Administrative and Public Service Positions

Professor Ronen has served as special consultant to Touche Ross & Co. and Leidesdorf and provided consulting services to a number of corporations. He also served as a consulting reviewer to Prentice-Hall, the National Science Foundation and the American Institute of Certified Public Accountant. Also, he has served as President of the Price Institute of Entrepreneurial Studies from 1980 to 1984. From 1986 to 1994 Professor Ronen served as Director of the Vincent C. Ross Institute of Accounting Research at the Stern School of Business, New York University. He has also served on various occasions as expert witness in a variety of litigation cases and as consultant to law firms on numerous class action securities litigation cases, and business and patent infringements.