Masako Darrough - Zicklin School of Business

About

Masako Darrough is the Irwin and Arlene Ettinger Professor in the Stan Ross Department of Accountancy at the Zicklin School of Business. Prior to joining Zicklin, Professor Darrough taught at the University of California, Davis, among others. She teaches primarily managerial accounting. Her research focuses on the strategic use of information made by various participants in the capital and corporate markets. She has published extensively in journals such as the Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, Contemporary Accounting Research, Review of Accounting Studies, Journal of Political Economy, Journal of Finance, Journal of Business Finance and Accounting, Accounting Horizons, European Accounting Review, Journal of Business Ethics, International Economic Review, Canadian Journal of Economics, Journal of Economic Behavior and Organization, and Journal of Business.

Publications

Darrough, M., Byard, D., & Suh, J. (2021). Re-examining the impact of mandatory IFRS adoption on IPO underpricing. Review of Accounting Studies, 1-46.

Darrough, M., Huang, R., & Zhao, S. (2020). The Spillover Effect of Fraud Allegations and Investor Sentiment. Contemporary Accounting Research, 37(2), 982-1014.

Darrough, M., Banker, R., Li, S., & Threinen, L. (2019). The Value of Pre-contract Information about an Agent’s Ability in the Presence of Moral Hazard and Adverse Selection. Journal of Accounting Research, 57(5), 1201-1245.

Darrough, M., & Deng, M. (2019). The Role of Accounting Information in Optimal Debt Contracts with Informed Lenders. The Accounting Review, 94(6), 165-200.

Darrough, M., Kim, H., & Zur, E. (2018). The Impact of Corporate Welfare Policy on Firm-Level Productivity: Evidence from Unemployment Insurance. Journal of Business Ethics, 159(3), 795-815.

Darrough, M., Byard, D., Tian, Y., & Suh, J. (2018). Finding Diamonds in the Rough: Do Analysts Contribute to Valuing Loss Firms? Journal of Business Finance & Accounting, 45(1-2), 140-165.

Darrough, M., Huang, R., & Zur, E. (2018). Acquirer Internal Control Weaknesses in the Market for Corporate Control. Contemporary Accounting Research, 35(1), 211-244.

Darrough, M., Shi, L., & Wang, P. (2017). Do Peer Warnings Affect CEO Compensation? Accounting Horizons, 31(4), 71-91.

Banker, R., Darrough, M., Huang, R., & Plehn-Dujowich, J. M. (2013). The Relation between CEO Compensation and Past Performance. The Accounting Review, 88(1), 1-30.

Warranty Reserve: Contingent Liability, Information Signal, or Earnings Management Tool? (with Daniel Cohen, Rong Huang, and Tzachi Zach). The Accounting Review 2011.

The FCPA and the OECD Convention: The Lessons from the U.S. Experience Journal of Business Ethics, 2010.

Valuation of Loss Firms in a Knowledge-Based Economy, (with Jimmy Ye), Review of Accounting Studies, February, 2007: 1261-93

Do Managers Manipulate R&D Spending When They Sell Their Shares in an Initial Public Offering? (with Srinivasan Rangan). Journal of Accounting Research, March 2005.

Awards