Nandu J. Nagarajan

Professor of Business Administration
Accounting
Office: 
248 Mervis Hall
Phone: 
412-648-1675
Curriculum Vitae: 

Degrees

ACMA Chartered Institute of Management Accountants (United Kingdom)
PhD in Business, Northwestern University
MSc, Indian Institute of Technology, Kanpur (India)
BSc, Bangalore University (India)

Courses Recently Taught

Strategic Cost Management (CBA and EMBA)
Corporate Governance and Management Control (MBA and EMBA)
Managerial Accounting (MBA)
Economic Models of Agency and Control (PhD)

Profile

Nagarajan's research publications include articles in The Accounting ReviewThe Journal of Accounting ResearchThe Journal of FinanceThe Journal of Financial Economics, The Academy of Management JournalThe Journal of Accounting and EconomicsContemporary Accounting Research, and Management Science. His current research projects include incentive and informational issues in supply chains, incentives and governance in founder controlled firms, fraud and management disclosures, the structure of director and management incentives and auditors' legal liability.

Nagarajan was academic director of the Management Program for Executives and Financial Thinking for Non Financial Managers at the Katz School. He has developed numerous courses for MBAs and executives and has been awarded the Katz Excellence in Teaching Award and the EMBA Teacher of the Year Award. In addition to his teaching experience at the University of Pittsburgh, he has conducted executive programs in the United States, Brazil, Chile, China, India, Mexico, Canada, Europe, and Thailand. He is an associate member of the Chartered Institute of Management Accountants (United Kingdom) and a member of the American Accounting Association and the American Finance Association.

Research Interest Areas

Corporate Governance, Financial Disclosure and Fraud, Auditor Incentives and Liability, Law and Financial Economics.

Representative Publications

"CEO Turnover, Financial Distress and Contractual Innovations." (Co-authors: Harry Evans, Shuqing Luo), forthcoming at The Accounting Review. Runner up for the Best Paper Award of the Multinational Finance Society 2013. 

“Birds of a Feather: Value Implications of Political Alignment Between Top Management and Directors ” (Co-authors: Jongsub Lee and Kwang Lee), forthcoming at The Journal of Financial Economics. Semi-Finalist for the Best paper Award in Corporate Finance, Financial Management Association 2012

"Form versus Substance: The Effect of Family Influence and Corporate Governance Practices on Firm Value in Thailand", (Co-authors: Tom Connelly and Piman Limpaphayom). Journal of Banking and Finance, 2012

"CEO Turnover and Retention Light: Does Retaining Former CEOs on the Board Create Value?" (Co-authors: Harry Evans and Jason Schloetzer), Journal of Accounting Research, 2010. Excerpted in the Harvard Law School Corporate Governance Forum: http://blogs.law.harvard.edu/corpgov/2010/09/17/ceo-turnover-and-retention-light/

"Non-Financial Performance Measures and Physician Compensation Contracts", (Co-authors: J.H. Evans, Kyonghee Kim and Sukesh Patro), The Journal of Management Accounting Research, 2010 (2012 Best Paper Award from the Journal of Management Accounting Research)

"Value Creation in Public Enterprises: An Empirical Analysis of Coordinated Organizational Changes in the VA Hospital System” The Accounting Review, 2007 (Co-authors: Nicole Thibodeau, Harry Evans, and Jeff Whittle)

"Uncertainty, legal liability and incentive contracts", The Accounting Review, 2006 (Co-authors: Harry Evans and Kyonghee Kim)

"Does CEO Charisma matter? An empirical analysis of the relationships among CEO charisma, organizational performance and environmental uncertainty", The Academy of Management Journal, v 29, 2006 (Co-authors: Brad Agle, Jeffrey Sonnenfeld, and Dhinu Srinivasan)

"Corporate Responses to Segment Disclosure Requirements," Journal of Accounting and Economics, 1996 (Co-author: S. Sridhar). Reprinted in Developments in Financial Reporting by Multinationals, 2003 edited by Clare B. Roberts, The New Library of International Accounting, Edward Elgar Publishing Ltd, UK

"The Effect of Property Rights and Audit Information Quality on Team Incentives for Inventory Reduction," Management Science, 1998 (Co-authors: R. Balakrishnan and S. Sivaramakrishnan)

"Collusion in Auditing," Journal of Accounting Research, 1991 (Co-authors: S. Baiman and J.H. Evans III).

"Corporate capital structure, agency costs and ownership control," Journal of Finance, 1990, (Co-author: A. Agrawal).

"An analysis of the stock price reaction to sudden executive deaths: Implications for the managerial labor market," Journal of Accounting and Economics, 1985 (Co-authors: W.B. Johnson, R.P. Magee and H.A. Newman).

Recent Working Papers

“You Get What You Measure: Research Opportunities Based on the Veterans Health Administration Experience”, (Co-authors: Harry Evans and Nicole Thibodeau). Conditionally accepted at Accounting Horizons

“Forecast Strategies of Earnings Manipulators and Associated Consequences”, (Co-authors: Mei Feng, Weili Ge and Chan Li)

"Bidder Hubris and Founder Targets”, (Co-authors: Frederik Schlingemann, Marieke van der Poel and Mehmet Yalin)

"Information Complementarities, Information Acquisition Costs, and Analysts' Vertical Specialization". (Co-author: Shuqing Luo).

“Executive Compensation and Non-Financial Performance Measures in the US Airline Industry”, (Co-authors: Akin Sayrak, Dhinu Srinivasan)

Awards and Honors

BNY Mellon Faculty Fellowship 2011

Katz School Excellence in Teaching Award, 2002, 2003, 2006, 2007, 2008, 2010

Teacher of the Year EMBA Manchester, 2006

Teacher of the Year EMBA Prague, 2006

Distinguished Professor Award for Executive MBA, 1997

"Apple for the Teacher" Undergraduate Teaching Award, 1986

External Service and Assignments

Core Faculty Member, Center for Research on Healthcare, University of Pittsburgh

Former Member of the Editorial Board, Journal of Management Accounting Research

Former Member of the Editorial Board, The Accounting Review

Former Associate Editor, The Journal of Accounting Auditing and Finance

Codirector, Management Accounting Research Conference, American Accounting Association, 1998

Consulting Activities

Nagarajan has extensive work experience with Imperial Chemical Industries Ltd. and has also provided consulting services on cost reduction and performance measurement to several organizations in the United States, China, India, and Thailand, including Copperweld, ISA, Kodak, Siam Cement, L.B Foster, Fiserv, Timkin, Westinghouse, and major hospitals.

Personal Interests

Nagarajan's hobbies are reading military history, traveling to places of historical interest, cinema and theater.