Faculty & Research

Douglas J. Skinner

Deputy Dean for Faculty; Eric J. Gleacher Distinguished Service Professor of Accounting

Phone :
1-773-702-7137
Address :
5807 South Woodlawn Avenue
Chicago, IL 60637

Douglas Skinner is a leading expert in corporate disclosure practices, corporate financial reporting, and corporate finance, with a focus on payout policy. His research addresses topics such as (1) the causes and capital market effects of managers' corporate disclosure choices (especially forward-looking information, including earnings forecasts, earnings pre-announcements, and guidance, corporate conference calls, etc.); (2) how the legal and regulatory environment affects managers’ corporate disclosures; (3) managers' incentives to use their discretion in the financial accounting and reporting process to manage reported accounting earnings ("earnings management"); (4) how stock prices respond to earning releases, especially for high growth companies ("earnings torpedoes"); and (5) the determinants of firms' payout policies, including whether and how much firms should pay out, the form of payout (dividends versus stock repurchases), etc.

Professor Skinner’s research is published in prominent accounting and finance journals, including The Accounting Review, the Journal of Accounting and Economics, the Journal of Accounting Research, the Journal of Business, the Journal of Finance, and the Journal of Financial Economics. He is co-editor of the Journal of Accounting Research, and was previously co-editor of the Journal of Accounting and Economics.

Professor Skinner’s research has been prominently featured in the Wall Street Journal, the Financial Times, The Economist,, The New York Times, and BusinessWeek.

In 2010, Professor Skinner was named one of the top business school professors in the world in the Financial Times Global MBA Rankings. His teaching has included courses taught to undergraduate upper-classmen, full-time and part-time MBA students, executive MBA students, executives, consultants, and Ph.D. students. His teaching covers topics that include introductory financial accounting, intermediate financial accounting, corporate financial reporting and analysis, financial statement analysis, corporate finance, and empirical methods in accounting research.

Prior to his appointment at Chicago, he was KPMG Professor of Accounting at the Ross School of Business, University of Michigan, where he had been on the faculty since 1989.

He holds a bachelor's degree in Economics with first class honors in Accounting and Finance from Macquarie University in Sydney and a master's degree and PhD in Applied Economics: Accounting and Finance from the University of Rochester. He has been a tenured full professor at Chicago Booth since 2005.

 

2014 - 2015 Course Schedule

Number Name Quarter
30904 Empirical Research on Managers Corporate Financial Reporting Decisions 2014 (Fall)
35801 Corporate Finance for Executives 2015 (Winter)

Other Interests

Gardening, rugby, swimming.

 

Research Activities

Corporate financial reporting and disclosure practice; corporate payout policy.

"Why Firms Voluntarily Disclose Bad News," Journal of Accounting Research (1994).

"Earnings Disclosures and Stockholder Lawsuits," Journal of Accounting and Economics (1997).

With Richard Sloan, "Earnings Surprises, Growth Expectations, and Stock Returns or Don't Let an Earnings Torpedo Sink Your Portfolio," Review of Accounting Studies (2002).

With Harry DeAngelo and Linda DeAngelo, "Are Dividends Disappearing? Dividend Concentration and the Consolidation of Earnings," Journal of Financial Economics (2004).

With Harry DeAngelo and Linda DeAngelo, “Corporate Payout Policy,” Foundations and Trends in Finance (2008).

For a listing of research publications please visit ’s university library listing page.