Swaminathan Sridharan
Swaminathan Sridharan

John and Norma Darling Professor in Accounting

Print Overview

Swaminathan (Sri) Sridharan is the John and Norma Darling Professor of Accounting Information and Management. Professor Sridharan's research focuses on information-focused asset valuation, as influenced by firms' resource allocation decisions, risk management strategies, contract design and corporate disclosures. His papers have been published in journals such as  the RAND Journal of Economics,  The Management Science, Journal of Accounting Research, Journal of Accounting and Economics, The Accounting Review,  and  Contemporary Accounting Review. He is a member of the editorial boards of the Journal of Accounting, Auditing, and Finance, Journal of Management Accounting Research, and Journal of Accounting and Public Policy.

Professor Sridharan teaches managerial and financial accounting, being a 2003 recipient of the Chair's Core Teaching Award for excellence in teaching in the MBA program. He also teaches at the executive MBA level as well as in several of Kellogg's international programs. At the doctoral level, he offers a seminar on Information Economics and Analytical Accounting Research. He joined the Kellogg School faculty in 1990 after receiving his doctorate from the University of Pittsburgh. Prior work experience included work as Chief Financial Officer for a group of international manufacturing companies and as Senior Manager and Partner in an accounting firm in Chennai, India.

Areas of Expertise
Activity-based Accounting
Control Systems
Corporate Governance
Cost Accounting
Financial Accounting
Financial Disclosure/Statements
Financial Reporting
Information Economics
Management Compensation
Managerial Accounting
Performance Evaluations

Print Vita
PhD, 1990, Business Administration, University of Pittsburgh
MBA, 1979, Finance, Economics, Indian Institute of Management
BC, 1976, Economics, Finance, University of Madras

Academic Positions
Chairperson of Accounting Information and Management Department, Accounting Information and Management, Kellogg School of Management, Northwestern University, 2011-present
John and Norma Darling Chair in Accounting, Accounting, Kellogg School of Management, Northwestern University, 2009-present
Professor, Kellogg School of Management, Northwestern University, 2004-present
John L. and Helen Kellogg Distinguished Professor of Accounting, Information, and Management, Accounting Information and Management, Kellogg School of Management, Northwestern University, 2006-2009
Associate Professor, Kellogg School of Management, Northwestern University, 1998-2004
Assistant Professor, Kellogg School of Management, Northwestern University, 1990-1998

Honors and Awards
Chairs’ Core Course Teaching Award, Kellog School of Management, 2009-2010, 2002-2003
Research Award, Searle Fund for Pollicy Research, 03-03
Doctoral dissertation Grants in Aid Award, American Institution of Certified Public Accountants, 89-89
Graduate Student Research Assistantship, Katz Graduate School of Business, 86-86

Editorial Positions
Editorial Board, Journal of Accounting, Auditing and Finance, 2010
Editorial Board, Journal of Accounting and Public Policy, 2010
Editorial Board, Journal of Management Accounting Research, 2010
Ad-hoc Reviewer, Journal of Accounting Research
Ad-hoc Reviewer, The Accounting Review
Ad-hoc Reviewer, Journal of Accounting and Economics
Ad-hoc Reviewer, Journal of Accounting and Public Policy

Print Research
Research Interests

Valuation of Assets, strategic resource allocation and disclosure management by firms, design of contracts, and information economics

Sridharan, Swaminathan and Ivan Marinovic. 2015. Discretionary disclosures using a certifier. Journal of Accounting and Economics. 59: 25-40.
Dye, Ronald A. and Swaminathan Sridharan. Forthcoming. Hedging Executive Compensation Risk Through Investment Banks. The Accounting Review.
Dye, Ronald A. and Swaminathan Sridharan. 2014. Agency conflicts in the presence of random private benefits from project implementation. Economic Letters. 123(3): 308-312.
Dye, Ronald A. and Swaminathan Sridharan. 2008. A Positive Theory of Flexibility in Accounting Standards. Journal of Accounting and Economics. 46(2,3): 312–333.
Dye, Ronald A. and Swaminathan Sridharan. 2007. The Allocational Effects of Precision of Accounting Estimates. Journal of Accounting Research. 45(4): 731-769.
Sridharan, Swaminathan and Anne Beyer. 2006. Effects of Multiple Clients on the Reliability of Audit Reports. Journal of Accounting Research. 44(1): 29-51.
Dye, Ronald A. and Swaminathan Sridharan. 2005. Moral Hazard Severity and Contract Design. RAND Journal of Economics. 36(1): 78-92.
Dye, Ronald A. and Swaminathan Sridharan. 2004. Reliability-Relevance Tradeoffs and the Efficiency of Aggregation. Journal of Accounting Research. 42(1): 51-88.
Dye, Ronald A. and Swaminathan Sridharan. 2003. Investment Implications of Information Acquisition and Leakage. Management Science. 49(6): 767-783.
Dye, Ronald A. and Swaminathan Sridharan. 2002. Resource Allocation Effects of Price Reactions to Disclosures. Contemporary Accounting Research. 19(3): 385-410.
Evans, John H. and Swaminathan Sridharan. 2002. Disclosure-Disciplining Mechanisms: Capital Markets, Product markets, and Shareholder Litigation. Accounting Review. 77(3): 595-626.
Sridharan, Swaminathan and Robert Magee. 2001. Disclosure and Recognition Requirements: Corporate Investment Decisions with Externalities. Contemporary Accounting Research. 18(1)
Sridharan, Swaminathan and Bala Balachandran. 1999. Choice of An Information Structure Versus A Production Environment: A Managerial Control Perspective. Journal of Accounting and Public Policy. 18(3): 193-227.
Sridharan, Swaminathan and Bala Balachandran. 1997. Incomplete Information, Task Assignment and Managerial Control Systems. Management Science. 43(6)
Sridharan, Swaminathan. 1996. Corporate Responses to Segment Disclosure Requirements. Journal of Accounting and Economics. 21(2): 253-275.
Evans, John H. and Swaminathan Sridharan. 1996. Multiple Control Systems, Accrual Accounting, and Earnings Management. Journal of Accounting Research. 34(1): 45-65.
Sridharan, Swaminathan and Robert Magee. 1996. Financial Contracts, Opportunism and Disclosure Management. Review of Accounting Studies. 1(3): 225-258.
Dye, Ronald A. and Swaminathan Sridharan. 1995. Industry-Wide Disclosure Dynamics. Journal of Accounting Research. 33(1): 157-174.
Sridharan, Swaminathan. 1995. Managerial Entrenchment, Reputation Building and the Optimality of Short-Term Projects. Journal of Accounting, Auditing and Finance. 10(3): 565-585.
Sridharan, Swaminathan. 1994. Managerial Reputation and Internal Reporting. Accounting Review. 69(2): 343-363.
Working Papers
Sridharan, Swaminathan and Davide Cianciaruso. 2016. Mandatory and Voluntary Disclosures: Dynamic Interactions.
Sridharan, Swaminathan, Davide Cianciaruso and Dor Lee-Lo. 2016. Information content of asset sales by banks.
Sridharan, Swaminathan and Dor Lee-Lo. 2015. Passive trading and price efficiency.
Sridharan, Swaminathan and N. Ramanan. 2015. Production Distortions and Insider Trading.
Sridharan, Swaminathan and Ronald A. Dye. 2012. On the desirability of excessively intervening boards.
Dye, Ronald A. and Swaminathan Sridharan. 2016. Contracting to manage production risks in Developing Markets.
Hariom, Manchiraju, Spencer Pearce and Swaminathan Sridharan. 2015. The Economic Substance of Derivative Transactions.
Lobo, Gerald, Hariom Manchiraju and Swaminathan Sridharan. 2015. Do CEO Pay Cuts Really Work?.
Sridharan, Swaminathan and Bala Balachandran. 2012. Efficiency-Promoting Aggregate Disclosures and Multiple Layers of Information Asymmetry.
Sridharan, Swaminathan and Ivan Marinovic. 2012. Managing Ratings by Multiple Agencies.
Dye, Ronald A. and Swaminathan Sridharan. 2011. Disclosure Implications of Inter-Company Holdings.
Sridharan, Swaminathan and Bala Balachandran. 2012. When Is Ignorance Blissful?.
Sridharan, Swaminathan and N. Ramanan. 2011. On non-contractibility of performance measures.

Print Teaching
Teaching Interests
Financial and managerial accounting
Full-Time / Part-Time MBA
Accounting For Decision Making (ACCT-430-0)
This course acquaints students with the process used to construct and understand the financial reports of organizations. The objective is to understand the decisions that must be made in the financial reporting process and to develop the ability to evaluate and use accounting data. Emphasis is placed on understanding the breadth of accounting measurement practices and on being able to make the adjustments necessary for careful analysis. The course highlights the linkages between accounting information and management planning, and decision making and control. Course sections that end in "H" will be taught in a format that combines the convenience and flexibility of online learning with the social and instructional benefits of face-to-face classroom experiences.

Prior to beginning ACCT 430, students are required to complete a prep course based on their specific academic program.

Part-time students are required to complete this Accounting Essentials Prep Course

1Y students are required to complete this Accounting Essentials Prep Course

2Y students are required to complete this Accounting Essentials Prep Course

MMM students are required to complete this Accounting Essentials Prep Course

Managerial Accounting (ACCTM-431-0)

Seminar in Information Economics and Analytical Accounting Research (ACCT-520-3)
This course discusses analytical models of contracting, disclosures, adverse selections, market micro structures, implications of differential information among different market participants or parties to a contract, asset pricing in settings with asymmetric information, investment choices, corporate governance issues, and capital markets' responses to firms' accounting disclosures - all in contexts of and with institutional settings that are of interest to researchers in accounting and finance.

Executive MBA
Financial Reporting Systems (ACCTX-430-0)
Financial Reporting Systems introduces generally accepted accounting principles and concepts and trains students to analyze financial statements.

Accounting for Management Planning and Control (ACCTX-431-0)
Accounting for Management Planning and Control details the use of financial information in management. Topics include profitability and performance measurement and activity-based management and decision support.