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Bio of Paul Fischer

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Paul Fischer

Department Chair , Professor of Accounting
Department: Accounting
Office: 354 Business Building
Phone: 814-865-0041
Fax: 814-863-8393
E-mail: pfischer@psu.edu
Member of Faculty Since: 1999

Introduction

Professor Fischer's research spans two areas of interest: the acquisition and dissemination of information in capital markets, and the design of incentive systems within and between firms. His capital market research has considered the impact of accounting disclosures on security prices, manager disclosure behavior, investor information gathering strategies, and the economic determinants and consequences of heuristic behaviors. His research on the design of incentive systems has examined the roles played by insider trading restrictions, risk management activities, peer evaluation systems, and monitoring systems. His research has appeared in the Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, Review of Accounting Studies, Contemporary Accounting Research, Journal of Finance, and Management Science.

Professor Fischer teaches Financial Accounting and Financial Analysis. He has previously taught at the University of British Columbia, Shanghai Jiao Tong University, the Wharton School of the University of Pennsylvania, and Stanford University. Professor Fischer is a member of the American Accounting Association, Canadian Academic Accounting Association, American Institute of Certified Public Accountants, American Finance Association, and American Economic Association. As a member, he serves on the editorial board of The Accounting Review and is or has been a reviewer for The Accounting Review, Contemporary Accounting Research, Journal of Accounting and Economics, Review of Accounting Studies, Management Science, Journal of Law Economics and Ortanizations, and the Journal of Finance.

Expertise

The role of accounting information in security markets
Analyst and manager disclosure behavior
Corporate governance and control

Publication List

P. Fischer and P. Stocken, "Imperfect Information and Credible Communication",   Journal of Accounting Research , 2001, 119-133.

P. Fischer, S. Baiman and M. Rajan, "Optimal Performance Measurement in Supply Chains",  Management Science, 2001, 173-188.

P. Fischer and R. Verrecchia, "Disclosure Bias",  Journal of Accounting and Economics, 2004, 223-250.

P. Fischer and P. Stocken, "Effect of Investor Speculation on Earnings Management",  Journal of Accounting Research, 2004, 843-870.

Education

B.A., Duke University,   
M.A., The University of Rochester,   
Ph.D., The University of Rochester,   
C.P.A., New York,   

Courses

ACCTG 551, Research Seminar in Analytical Modeling
ACCTG 560, Accounting & Business Analysis
ACCTG 481, Financial Statement Analysis