Carol Marquardt

Education

Ph.D., Accounting, Cornell University

MAcc, Accounting, University of Arizona

B.A., English, University of Wisconsin

Journal Articles

Marquardt, C., Huang, R., & Zhang, B. (2023). Revenue-Expense Matching and Performance Measure Choice. Review of Accounting Studies, 28(September). 1690-1720.

Kyung, H., Lee, H., & Marquardt, C. (2019). The effect of voluntary clawback adoption on non-GAAP reporting. Journal of Accounting and Economics, (67 (1)). 175-201.

Baloria, V., Marquardt, C., & Wiedman, C. (2017). A lobbying approach to evaluating the whistleblower provisions of the Dodd-Frank Reform Act of 2010. Contemporary Accounting Research, 34(3). 1305-1339.

Marquardt, C., & Wiedman, C. (2016). Can shareholder activism improve gender diversity on corporate boards?. Corporate Governance: An International Review, 24(4). 443-461.

Brown, A., Davis-Friday, P., Guler, L., & Marquardt, C. (2015). M&A decisions and U.S. firms’ voluntary adoption of clawback provisions in executive compensation contracts. Journal of Business Finance and Accounting, 42(1/2). 237-271.

Marquardt, C., & Zur, E. (2015). The role of accounting quality in the M&A market. Management Science, 61(3). 604-623.

Huang, R., Marquardt, C., & Zhang, B. (2014). Why do managers avoid EPS dilution? Evidence from debt-equity choice. Review of Accounting Studies, 19(2). 877-912.

Kolev, K., Marquardt, C., & McVay, S. (2008). SEC scrutiny and the evolution of non-GAAP reporting. The Accounting Review, 83(1). 157-184.

Marquardt, C., & Wiedman, C. (2007). Economic consequences of financial reporting changes: Diluted EPS and contingent convertible securities. Review of Accounting Studies, 12, No. 4. 487-523.

(2007). Disclosure, incentives, and contingently convertible securities. Accounting Horizons, 21(3). 281-294.

(2006). Fundamentals of accounting losses. The Accounting Review, 81(1). 179-206.

(2005). Earnings management and transaction structuring: Contingent convertible debt and diluted EPS. Journal of Accounting Research, 43(2). 205-243.

(2004). How are earnings managed? An examination of specific accruals. Contemporary Accounting Research, 21(2). 461-491.

(2004). Earnings informativeness and strategic disclosure: An empirical examination of ‘pro forma’ earnings. The Accounting Review, 79(3). 769-795.

(2004). The effect of earnings management on the value relevance of accounting information. Journal of Business Finance and Accounting, 297-332.

(2002). Accrual management, investor sophistication, and equity valuation: Evidence from 10-Q filings. Journal of Accounting Research, 40(4). 987-1012.

(2002). The cost of employee stock option grants: An empirical analysis. Journal of Accounting Research, 40(4). 1191-1217.

(1998). Voluntary disclosure, information asymmetry, and insider selling through secondary equity offerings. Contemporary Accounting Research, 15(4). 505-537.

Managerial Responses to Changes in Fair Value Accounting for Equity Securities. Contemporary Accounting Research,

Presentations

Marquardt, C. Managerial Responses to Changes in Fair Value Accounting for Equity Securities. American Accounting Association Financial Accounting and Report Section (FARS) Mid-Year Meeting.

Marquardt, C. Individual Income Tax Rates and Financial Advisor Misconduct. American University.

Marquardt, C., Kim, S., Kim, S., & Shin, D. Managerial Responses to Changes in Fair Value Accounting for Equity Securities. Conference on Financial Economics and Accounting.

Marquardt, C., & Kyung, H. Disseminating Financial Misinformation through the Business Press. American Accounting Association Annual Meeting.

Marquardt, C., & Kyung, H. Disseminating Financial Misinformation through the Business Press. European Accounting Association Annual Meeting.

Deng, M., Huang, R., Marquardt, C., & Zhang, B. (2018, July 28). Matching and Contracting on Sales Revenue. SWUFE-Baruch Conference. Chengdu, China: SWUFE.

Marquardt, C. (2018, March 31). Do Analyst Adjustments Affect Earnings Comparability?. : University of Delaware.

Lee, H., Marquardt, C., & Suh, J. (2018, January 31). Do Analyst Adjustments Affect Earnings Comparability?. AAA Financial accounting section meeting. Austin, TX: AAA.

Marquardt, C. (2016, March 31). The Effect of Voluntary Clawback Adoption on Non-GAAP Reporting. : Boston University.

Marquardt, C. (2016, April 30). The Effect of Voluntary Clawback Adoption on Non-GAAP Reporting. : Fordham University.

Marquardt, C. (2015, October 31). The Effect of Voluntary Clawback Adoption on Non-GAAP Reporting. : George Washington University.

Marquardt, C. (2014, January 31). Using Sales Revenue as a Performance Measure. American Accounting Association FARS Mid-Year Meeting.

Marquardt, C., Kyung, H., & Lee, H. (2014, November 30). The Effect of Voluntary Clawback Adoption on Non-GAAP Reporting. 25th Annual Conference on Financial Economics and Accounting.

Marquardt, C., Kyung, H., & Lee, H. (2014, January 31). The Effect of Voluntary Clawback Adoption on Non-GAAP Reporting. American Accounting Associations FARS Mid-Year Meeting.

Marquardt, C. (2013, September 30). The Effect of Voluntary Clawback Adoption on Non-GAAP Reporting. : University of North Carolina -- Charlotte.

Marquardt, C. (2012, October 31). A Lobbying Approach to Evaluating the Whistleblower Provisions of the Dodd-Frank Reform Act of 2010. : University of Alberta.

Marquardt, C. (2012, September 30). Using Sales Revenue as a Performance Measure. : University of Virginia.

Marquardt, C. (2012, August 31). A Lobbying Approach to Evaluating the Whistleblower Provision in the Dodd-Frank Reform Act of 2010. American Accounting Assocation Annual Meeting.

Marquardt, C. (2011, December 31). A Lobbying Approach to Evaluating the Whistleblower Provisions in the Dodd-Frank Reform Act of 2010. Washington, DC: Securities and Exchange Commission.

Marquardt, C. (2011, January 31). The Role of Accounting Quality in the M&A Market. American Accounting Association FARS Mid-Year Meeting.

Marquardt, C. (2010, October 31). The Role of Accruals Quality in the M&A Market. Texas A&M

Marquardt, C. (2010, September 30). The Role of Accruals Quality in the M&A Market. : SUNY--Buffalo.

Marquardt, C. (2010, May 31). Why Do Managers Avoid EPS Dilution?. Journal of Accounting Research Conference.

Marquardt, C. (2010, May 31). Why Do Managers Avoid EPS Dilution?. European Accounting Association Annual Congress. Istanbul, Turkey

Marquardt, C. (2010, September 30). The Role of Accruals Quality in the M&A Market. : Rutgers University.

Marquardt, C. (2009, December 31). Why Do Managers Avoid EPS Dilution?. : University of Florida.

Marquardt, C. (2009, November 30). Why Do Managers Avoid EPS Dilution?. 20th Annual FEA Conference. : Rutgers University.

Marquardt, C. (2009, November 30). Why Do Managers Avoid EPS Dilution?. : Queens University.

Marquardt, C. (2009, October 31). Why Do Managers Avoid EPS Dilution?. : Boston College.

Marquardt, C. (2009, April 30). Managing EPS Through Accelerated Share Repurchases: Compensation Versus Capital Market Incentives (retitled as Accelerated Share Repurchases, Bonus Compensation, and CEO Horizons. : SUNY-Binghamton.

Marquardt, C. (2009, March 31). Managing EPS Through Accelerated Share Repurchases: Compensation Versus Capital Market Incentives (retitled as Accelerated Share Repurchases, Bonus Compensation, and CEO Horizons. : University of Waterloo.

Marquardt, C. (2008, April 30). Why Do Managers Avoid EPS Dilution?. : Hong Kong University of Science and Technology.

Marquardt, C. (2008, January 31). Managing EPS Through Accelerated Share Repurchases: Compensation Versus Capital Market Incentives (retitled as Accelerated Share Repurchases, Bonus Compensation, and CEO Horizons. : Indiana University.

Marquardt, C. (2008, April 30). Why Do Managers Avoid EPS Dilution?. : Lehigh University.

Marquardt, C. (2007, November 30). Managing EPS Through Accelerated Share Repurchases: Compensation Versus Capital Market Incentives (retitled as Accelerated Share Repurchases, Bonus Compensation, and CEO Horizons. : University of Southern California.

Marquardt, C. (2007, October 31). Managing EPS Through Accelerated Share Repurchases: Compensation Versus Capital Market Incentives (retitled as Accelerated Share Repurchases, Bonus Compensation, and CEO Horizons. : University of Notre Dame.

Marquardt, C. (2006, November 30). SEC Scrutiny and the Evolution of NON-GAAP Reporting. George Washington University

Marquardt, C. (2006, February 28). SEC Scrutiny and the Evolution of NON-GAAP Reporting. University of California - Berkeley

Marquardt, C. (2006, February 28). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. University of California - Irvine

Marquardt, C. (2006, March 31). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. Ohio State University

Marquardt, C. (2005, August 31). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. American Accounting Association Annual Meeting.

Marquardt, C. (2005, September 30). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. Baruch College--CUNY

Marquardt, C. (2005, September 30). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. University of Arizona

Marquardt, C. (2005, October 31). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. University of Connecticut

Marquardt, C. (2005, November 30). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. Purdue University

Marquardt, C. (2005, May 31). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. London Business School

Marquardt, C. (2005, April 30). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. Pennsylvania State University

Marquardt, C. (2004, May 31). Earnings Management and Transaction Structuring: Contingent Convertible Debt and Diluted EPS. Journal of Accounting Research Conference.

Marquardt, C. (2004, June 30). Financial Reporting Bias and Disclosure Quality (retitled as Disclosure, Incentives, and Contingently Convertible Securities). Stanford University Summer Camp

Marquardt, C. (2004, August 31). Earnings Management and Transaction Structuring: Contingent Convertible Debt and Diluted EPS. American Accounting Association Annual Meeting.

Marquardt, C. (2004, September 30). Financial Reporting Bias and Disclosure Quality (retitled as Disclosure, Incentives, and Contingently Convertible Securities). Laval University

Marquardt, C. (2004, December 31). Economic Consequences of Financial Reporting Changes: Contingent Convertible Securities and Diluted EPS. Massachusetts Institute of Technology

Marquardt, C. (2004, February 28). Earnings Management and Transaction Structuring: Contingent Convertible Debt and Diluted EPS. 4th Annual University of Utah Winter Accounting Conference.

Marquardt, C. (2003, April 30). Earnings Informativeness and Strategic Disclosure: An Empirical Examination of 'Pro Forma' Earnings. University of Rochester

Marquardt, C. (2003, October 31). Earnings Management and Transaction Structuring: Contingent Convertible Debt and Diluted EPS. University of Connecticut

Marquardt, C. (2003, November 30). Earnings Management and Transaction Structuring: Contingent Convertible Debt and Diluted EPS. Cornell University

Marquardt, C. (2002, August 31). Earnings Informativeness and Strategic Disclosure: An Empirical Examination of 'Pro Forma' Earnings. American Accounting Association Annual Meeting.

Marquardt, C. (2002, October 31). Earnings Informativeness and Strategic Disclosure: An Empirical Examination of 'Pro Forma' Earnings. University of Wisconsin

Marquardt, C. (2002, November 30). Earnings Informativeness and Strategic Disclosure: An Empirical Examination of 'Pro Forma' Earnings. 13th Annual Financial Economics and Accounting Conference. University of Maryland

Marquardt, C. (2002, February 28). Earnings Informativeness and Strategic Disclosure: An Empirical Examination of 'Pro Forma' Earnings. Rutgers University

Marquardt, C. (2001, October 31). Earnings Informativeness and Strategic Disclosure: An Empirical Examination of 'Pro Forma' Earnings. New York University

Marquardt, C. (2001, March 31). How are Earnings Managed? An Examination of Specific Accruals. New York University

Marquardt, C. (2001, January 31). How are Earnings Managed? An Examination of Specific Accruals. University of California--Irvine

Marquardt, C. (2000, May 31). Accrual Management, Investor Sophistication, and Equity Valuation: Evidence from 10-Q Filings. : Columbia University/NYU Joint Workshop.

Marquardt, C. (2000, August 31). Accrual Management, Investor Sophistication, and Equity Valuation: Evidence from 10-Q Filings. American Accounting Association Annual Meeting.

Marquardt, C. (2000, February 28). The Effect of Earnings Management on the Value Relevance of Accounting Information. University of Minnesota

Marquardt, C. (1999, December 31). The Effect of Earnings Management on the Value Relevance of Accounting Information. Temple University

Marquardt, C. (1999, September 30). The Effect of Earnings Management on the Value Relevance of Accounting Information. New York University

Marquardt, C. (1999, December 31). The Effect of Earnings Management on the Value Relevance of Accounting Information. Baruch College--CUNY

Marquardt, C. (1997, August 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. American Accounting Association Annual Meeting.

Marquardt, C. (1997, December 31). Voluntary Disclosure, Information Asymmetry, and Insider Selling through Secondary Equity Offerings. New York University

Marquardt, C. (1996, April 30). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. Pennsylvania State University

Marquardt, C. (1996, April 30). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. University of Chicago

Marquardt, C. (1996, April 30). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. University of Pennsylvania

Marquardt, C. (1996, April 30). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. University of Arizona

Marquardt, C. (1996, May 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. University of Texas - Austin

Marquardt, C. (1996, May 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. Yale University

Marquardt, C. (1996, April 30). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. Harvard University

Marquardt, C. (1996, February 28). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. UCLA

Marquardt, C. (1996, February 28). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. University of Southern California

Marquardt, C. (1996, March 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. Northwestern University

Marquardt, C. (1996, March 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. Stanford University

Marquardt, C. (1996, March 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. University of Washington

Marquardt, C. (1996, March 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. Washington University

Marquardt, C. (1996, March 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. University of Illinois

Marquardt, C. (1996, February 28). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. Duke University

Marquardt, C. (1995, December 31). The Reliabilty of Employee Stock Option Fair Value Disclosures Under SFAS 123. Cornell University

Marquardt, C. (1994, August 31). Voluntary Disclosure, Information Asymmetry, and Insider Selling through Secondary Equity Offerings. American Accounting Association Annual Meeting.

Marquardt, C. (1994, January 31). Voluntary Disclosure, Information Asymmetry, and Insider Selling through Secondary Equity Offerings. Cornell University

Other Scholarly Works

Research Currently in Progress

Kyung, H., Lee, H., & Marquardt, C.(n.d.). Economic Uncertainty and Financial Reporting. In Progress.

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