Jacob Thomas
Williams Brothers Professor of Accounting and Finance
Professor Thomas focuses on the relation between accounting information and stock prices. Insights recently developed in this area that suggest fundamental links between accounting numbers and value form the basis of much of his recent teaching and research. He was actively involved in developing the core curriculum and has written cases and other teaching material for the courses he teaches on equity valuation and financial management. Differences between stock prices and fundamental value provide the basis for his examination of various stock trading strategies. Before joining the faculty at the Yale School of Management, he was the Ernst & Young Professor of Accounting and Finance at Columbia Business School.
Education
- PhD, University of Michigan, 1984
- MBA, ICMS, 1977
- B. Tech, IIT, 1974
Articles
Goodwill Impairment after M&A: Acquisition-Level Evidence
Meet, beat, and pollute
Measuring the information content of accounting disclosures: The role of return noise
Dark trading and post earnings announcement drift
Do Profit Margins Expand for High Growth Firms?
Achievements
- Distinguished Alumni Speaker, Rackham Centennial, 2012
- Research Prize, Chazen International, 2002
- Finalist, Smith Breeden Prize, American Finance Association, 2001
- First Prize, IBES Competition for International Valuation Research, 1999
- Dean's Award for Teaching Excellence, Columbia Business School, 1995
- AICPA Notable Contributions to Accounting Literature Award, 1993
- Deloitte Haskins and Sells Doctoral Fellow, 1982-1984