Master of Accounting, December 1979, University of Florida.
Specialized area: Tax.
Bachelor of Science in Business Administration, December 1978, University of Florida.
Major: Accounting.
Certified Public Accountant, State of Florida since 1980.
EXPERIENCE
National Bureau of Economic Research, Research Associate, 1998 -
Kenan-Flagler Business School, University of North Carolina
Ernst and Young Distinguished Professor, January 1996 -
Senior Associate Dean, July 1998 -
Associate Dean for the Master's of Accounting Program, July 1995 - 1998.
Tenured Associate Professor, July 1991 - June 1996.
Assistant Professor, July 1988 - June 1991.
Visiting Assistant Professor, July 1987 - June 1988.
University of Oklahoma, Assistant Professor, August 1983 - June 1987.
Davis, Monk, Farnsworth & Co., Gainesville, Florida, Staff Accountant, Jan. 1979 - March 1979.
Ernst & Ernst, Tampa, Florida, Accounting Intern, January 1978 - March 1978.
PUBLICATIONS
- "Cross-jurisdictional Income Shifting and Earnings Valuation," with Deen Kemsley and Mark Lang, Journal of Accounting Research, forthcoming Autumn 1998.
- "Valuing Deferral: The Effects of Permanently Reinvested Foreign Earnings on Stock Prices," with John Hand and Doug Shackelford. Prepared for the National Bureau of Economic Research (NBER) International Taxation Project. Forthcoming in book published by University of Chicago Press.
- "The Effects of Taxes, Regulatory Capital, Earnings, and Organizational Form on Life Insurers' Investment Portfolio Realizations," with Greg Geisler and Doug Shackelford, Journal of Accounting and Economics, 24:3, 1998, 337-361.
- "Global Organizations and Taxes: An Analysis of the Dividend, Interest, Royalty, and Management Fee Payments Between U.S. Multinationals Foreign Affiliates," with Douglas A. Shackelford, Journal of Accounting and Economics, 24:2, 1998, 151-173.
- "Transfer Pricing and the Persistent Zero Taxable Income of Foreign-Controlled U.S. Corporations," with Deen Kemsley and Douglas A. Shackelford, The Journal of the American Taxation Association, forthcoming, 19: Supplement, 1997, 68-83.
- "The Coordination of Regulatory Capital, Earnings, and Taxes for Commercial Banks," with Douglas A. Shackelford and James M. Wahlen, Journal of Accounting Research, 33:2, Autumn 1995, 263-291.
- "Corporate Domicile and Average Effective Tax Rates: The Cases of Canada, Japan, the United Kingdom, and the United States," with Douglas A. Shackelford, International Tax and Public Finance, 2:1, May 1995, 55-83; also forthcoming in Taxation of Multinational Enterprises, Kluwer Academic Publishers, 1996.
- "Tax Reform and Foreign Acquisitions: A Micro Analysis," with Deen Kemsley and Douglas A. Shackelford, National Tax Journal, XLVIII:1, March 1995, 1-21.
- "Experimental Evidence of the Effect of Tax Rate Uncertainty on Security Prices, Investor Clienteles, and Tax Revenue," with Daniel P. Murphy, The Journal of the American Taxation Association, 17:1, Spring 1995, 1-25.
- "Pricing of Differentially Taxed Securities: Experimental Evidence," with Daniel P. Murphy, Quarterly Journal of Business and Economics, 34:2, Spring 1995, 3-24.
- "Foreign Tax Credit Limitations and Preferred Stock Issuances," with Douglas A. Shackelford, Journal of Accounting Research, 30: Supplement, 1992, 103-124.
- "Determinants of Tax Compliance: A Contingency Approach," with Valerie C. Milliron and Daniel R. Toy, The Journal of the American Taxation Association, 14:2, Fall 1992, 1-29.
- "The Taxpayer's Dilemma: How Hard to Work and What to Report?," with R. David Plumlee and Daniel P. Murphy, Advances in Taxation, 4, 1992, 31-53.
- "Another Look at the Tax-Favored Retirement Savings Puzzle," with James H. Wyckoff, The Journal of American Taxation Association, 13:2, Fall 1991, 74-86.
- "The Taxpayer's Labor and Reporting Decision: The Effect of Audit Schemes," with R. David Plumlee, The Accounting Review, 66:3, July 1991, 559-576.
- "Factors Associated with Household Demand For Tax Preparers", with Valerie C. Milliron and Daniel R. Toy, The Journal of the American Taxation Association, 12:1, Fall 1990, 9-25.
- "Estimates of Tax-Deferred Retirement Savings Behavior," with James H. Wyckoff, National Tax Journal, XLI:4, December 1988, 561-572.
- "The Impact of Tax-Favored Retirement Savings on Net Savings," with James H. Wyckoff, Contemporary Tax Research, co-edited by Shane Moriarity and Julie H. Collins (University of Oklahoma Center for Economic and Management Research, 1988).
- "A Measure of Professional Accountants' Learning Style," with Valerie C. Milliron, Issues in Accounting Education, Fall 1987, 193-206.
- "An Examination of the Employer's Pension Plan Choice: Integrated vs. Nonintegrated Plan" with John L. Kramer, The Journal of the American Taxation Association, 8:1, Fall 1986, 35-48.
- "Lastarmco: which comes first, the dividends received deduction or the percentage depletion deduction?" with John L. Kramer, The Tax Adviser, December 1985, 758-762.
- "Integrating Plans with Social Security May Shift Benefits to the Highly Compensated," The Journal of Taxation, February 1985, 76-79.
WORKING PAPERS
- "Capital Gains and Dividend Taxes in Firm Valuation and Corporate Financial Policy," with Deen Kemsley, November 1998.
- "The Economic Incidence of Electric Utility Taxes: A Baseline for Tax Reform," with Susan Andersen, October 1997. Research Proposal.
PUBLISHED COMMENTS
- "Discussion of 'An Empirical Investigation of Taxpayer Awareness of Marginal Tax Rates, The Journal of the American Taxation Association, Supplement, 1995, 60-61.
- "Commentary on 'Interest Allocation Rules, Financing Patterns, and the Operations of U.S. Multinationals,' by K. Froot and J. Hines, The Effects of Taxation on Multinational Corporations, M. Feldstein, J. Hines, and G. Hubbard, eds., University of Chicago Press, 1995, 307-312.
- "Commentary on 'Deterrence and Beyond: Towards a Kinder, Gentler IRS,'" Why People Pay Taxes: Tax Compliance and Enforcement, J. Slemrod, editor, University of Michigan Press, 1992, 330-332.
ACADEMIC HONORS AND AWARDS
Research Grants and Fellowships
Ernst and Young Foundation Tax Research Grants, 1998, 1995 and 1993.
KPMG Peat Marwick Foundation Tax Research Opportunities Grants, 1994 and 1992.
International Tax Policy Forum Research Grant, sponsored by Price Waterhouse, 1992-93.
Price Waterhouse Tax Research Fellow, Spring 1989.
Arthur Young Foundation Tax Research Grants, 1989, 1987, and 1986.
Awards
American Taxation Association Outstanding Manuscript Award (with Douglas Shackelford)
for "Foreign Tax Credit Limitations and Preferred Stock Issuances," 1993-94.
Tax Foundation/Ernst & Young Visiting Professor, 1995 and 1993.
Kenan Institute of Private Enterprise Award, 1992.
Master of Accounting Program Outstanding Teacher Award, 1991 and 1990.
University of North Carolina Junior Faculty Development Award, 1990
PROFESSIONAL ACTIVITIES
Editorial Board
National Tax Journal, 1993-present.
The Accounting Review, 1983-87, 1989-94.
Journal of Accounting and Public Policy, 1989-91.
The Journal of the American Taxation Association, 1986-89.
Ad Hoc Reviewer
The Accounting Review, The Journal of the American Taxation Association, National Tax Journal, Journal of Accounting Research, Advances in Taxation, Journal of Financial Services Research, International Tax and Public Finance.
Deloitte & Touche Foundation Academic Advisory Board, 1994-present.
Arthur Andersen Dissertation Fellowship Independent Selection Committee, 1996-present.
American Accounting Association
Director of Research, 1996-98.
Executive Committee, 1996-98.
Faculty Development Task Force, 1997-98.
1996 Annual Program Committee, Chairperson, 1995-96.
Doctoral Consortium Planning Committee, Chairperson, 1994-95.
Research Director's Advisory Committee, 1992-95.
Doctoral Consortium Planning Committee, 1993-94.
Committee on Nominations, 1992-93.
Council Member-at-Large, 1991-93.
Selection Committee: Notable Contributions to Accounting Literature Award, 1990-91.
American Taxation Association
Publications Committee, 1997-present.
ATA/Arthur Andersen Teaching Innovations Awards Committee, 1995-96.
Nominating Committee, 1994-95 and 1992-93.
ATA/PW Doctoral Dissertation Award Committee, 1993-94.
Board of Trustees, 1990-92.
Tax Policy Research Oversight Committee, 1990-92.
AICPA 150 Hours Requirement Committee, 1989-90.
Tax Manuscript Award Committee, Chairperson 1988-89, member 1987-88.
Annual Program Committee, 1986-87 and 1985-86.
Dissertation Award Committee, Chairperson, 1984-85.
National Tax Association - Tax Institute of America
NTJ Editor Search Committee, 1997-98
International Public Finance Committee, 1992-95.
Federal Taxation and Finance Committee, 1984-86
INVITED PRESENTATIONS DURING PAST THREE YEARS
American Accounting Association Doctoral Consortium, Distinguished Visiting Faculty, 1998.
American Taxation Association Mid-Year Meeting, 1998
University of Arizona Research Colloquia, 1998.
UCLA Research Colloquia, 1998.
National Bureau of Economic Research (NBER) International Taxation Conference, 1997.
Ernst & Young Summer Tax Camp, 1997.
American Accounting Association/Arthur Andersen New Faculty Consortium, 1997.
University of Florida Research Colloquia, 1996.
Deloitte and Touche Enhancing the Learning Experience Seminar, 1996.
National Bureau of Economic Research (NBER) Summer Research Institute, 1996.
Michigan State University/Price Waterhouse Summer Workshop, 1996.
American Accounting Association Doctoral Consortium, Distinguished Visiting Faculty, 1996.
Internationalization Doctoral Consortium sponsored by CIBER, UCLA, and Universities of Michigan, Texas, and Washington, 1996.
American Accounting Association/KPMG International Accounting Research Conference, 1995.
University of Michigan/KPMG Tax Policy Research Symposium, 1995.
JATA Conference, "Experimental Methods as Applied to Problems in Taxation," 1995.
University of Wisconsin Two-Day Summer Workshop, 1995.
University of Chicago Research Colloquia, 1995.
Columbia University Research Colloquia, 1995.
COURSES TAUGHT
Master's of Accounting
The Tax and Financial Implications of Doing Business in Multiple Jurisdictions (International and State and Local Taxation)
Taxation of Corporations and Shareholders
Domestic and International Taxation of Business Entities
Tax Research
Introduction to Taxation
Master's of Business Administration
Taxes and Global Business Strategy
Doctoral
Empirical Research Investigating Taxes and Business Strategy
Continuing Education Programs
Tax Strategies and Global Expansion, Advanced Financial Management Course, General Electric, 1997-98.
Mergers and Acquisitions: Tax and Accounting Issues, Amsterdam Institute of Finance, 1995 and 1996.
Basic International Taxation, Ernst and Young, 1995 and 1994.
Introduction to Corporate Reorganizations, Ernst and Young, 1992.
Individual Income Tax Concepts, Price Waterhouse, 1990.
Compensation and Investment Tax Planning, Glaxo, 1990.
SERVICE
Senior Associate Dean, 1998-.
Associate Dean, Master of Accounting Program, 1995-98.
Kenan-Flagler Business School Director of Operations Search Committee, 1998.
Kenan-Flagler Business School Dean Search Committee, 1997.
International Business Education Center Faculty Advisory Board, 1995-96.
Dissertation Chairperson: Robert Yetman (co-chair), 1998-present, Deen Kemsley, 1994-95,
Gregory Geisler, 1993-95, Daniel Murphy, 1989-90.
Dissertation Committee: Mary Margaret Myers, 1997-99, Lisa Zingaro, 1994-96, Jennifer Babcock (Duke student), 1994-97.
Doctoral First Year Summer Paper: Gregory Geisler, 1991, Deen Kemsley, 1992, Laura Simmons,
1993, Mark Harradine, 1995, Mary Margaret Myers, 1995, Dahlia Robinson, 1995, Robert Yetman, 1997.
Undergraduate Honors Thesis Committee Chair, Chris Gantt, 1996-97.
Kenan-Flagler Business School Teaching Task Force, Chair, 1992-94.
Master's of Accounting Program Policy Committee, Faculty Chair, 1991-92 and 1995-present, member,1992-95.
Center for Financial and Accounting Research, Executive Committee, 1991-1995.
University Search Committee for Dean of Kenan-Flagler Business School, 1991-92.
University Search Committee for Associate Vice Chancellor for Business, 1991.
Board of Advisors for Annual J. Nelson Young Tax Institute, sponsored by the UNC School of
Law, 1988-present.
Board of Advisors, Carolina Students' Credit Union, 1989-91.