William Cready

Adolf Enthoven Distinguished Professor in Accounting and Information Management
Ashbel Smith Professor - Management
cready@utdallas.edu
972-883-4185
SOM4801
Tags: Accounting

Professional Preparation

Ph.D. - Accounting
Ohio State University - 1985
M.Acctng. - Accounting
The Ohio State University - 1980
B.S. - Accounting
The University of Alabama - 1978

Research Areas

Research Interests

Costly Information and Security Markets; Trading Behavior in Markets; Market Based Accounting Research; Compensation and Valuation Impacts of Restructuring Charges.

Publications

Scale effects of R&D as reflected in earnings and returns Mustafa Ciftci, William M. Cready. Journal: Journal of Accounting & Economics - J ACCOUNT ECON , vol. 52, no. 1, pp. 62-80, 2011 2011 - Publication
Managing Earnings Using Classification Shifting: Evidence from Quarterly Special Items (Citations: 3) Yun Fan, Abhijit Barua, William M. Cready, Wayne B. Thomas. Journal: Accounting Review - ACCOUNT REV , vol. 85, no. 4, 2010 2010 - Publication
Aggregate Market Reaction to Earnings Announcements (Citations: 1) WILLIAM M. CREADY, UMIT G. GURUN. Journal: Journal of Accounting Research - J ACCOUNT RES , vol. 48, no. 2, pp. 289-334, 2010 2010 - Publication
The Persistence and Market Valuation of Recurring Nonrecurring Items William Cready, Thomas J. Lopez, Craig A. Sisneros. Journal: Accounting Review - ACCOUNT REV , vol. 85, no. 5, 2010 2010 - Publication
Discussion of Accounting Premium for IAS/IFRS and U.S. GAAP Vis--vis German GAAP William M. Cready. Journal: The International Journal of Accounting , vol. 43, no. 4, pp. 387-393, 2008 2008 - Publication
Institutional Stock Ownership, Accrual Management and Information Environment. With S. Mitra. Journal of Accounting, Auditing and Finance. 20.3. (2005): 257-286. 2005 - Publication
The Relative Value of Non-U.S.-Based Annual Reports and Accounts: A Price and Trading Volume Analysis. With K. Olibe. Review of Accounting and Finance. 2.3. (2003): 5-27. 2003 - Publication
Restructuring Charges and CEO Cash Compensation: A Re-examination. With D. Adut and T. J. Lopez. The Accounting Review. 78.1. (2003): 169-192. 2003 - Publication
Debt Covenant Violation and the Value Relevance of Accounting Information. With K. Karim and S. Lim. Advances in Financial Planning and Forecasting. 11. (2003): 151-163. 2003 - Publication
Accounting Behavior of German Firms after an ADR Issuance: A Discussion. The International Journal of Accounting. 38.3. (2003): 377-384. 2003 - Publication

Appointments

Area Director and Ashbel Smith Professor
University of Texas at Dallas [2005–Present]
Professor
University of Texas at Dallas [2004–Present]
Professor and Thomas H. Daigre Endowed Chair of Business Administration
Louisiana State University [2000–2004]
KPMG Professor of Accounting
Texas A&M University [1999–2000]
Associate Professor and Professor
Texas A&M University [1991–1999]
Assistant Professor
University of North Carolina [1985–1991]
Graduate Teaching Associate
Ohio State University [1979–1984]
Internal Auditor and Accounting Trainee
Square D Company [1978–1979]

Projects

Prevalence and Consequences of Informed Trading
2006–2006 concurrent session of the annual meeting ofthe American Accounting Association, Washington, D.C.
Debt Covenant Violation and the Value Relevance of Accounting Information
2002–2002 Concurrent session of American Accounting Association Annual Meeting, San Antonio, TX.
Non-Traditional Methods in Capital Markets Research
1994–1994 Southwest Doctoral Consortium, San Antonio, TX.
lnstitutional Ownership, Differential Predisclosure Precision and Trading Volume Reaction at Announcement Dates
1997–1997 concurrent session of American Accounting Association Annual Meeting, Dallas, TX, August 1997.
1995–1995 Paper Discussant, Analyst's Forecasts technical session, American Accounting Association Annual Meeting, Orlando, FL.

Additional Information

Awards
  • 2000-2004 Thomas H. Daigre Endowed Chairholder
  • 1998-2000 KPMG Professor of Accounting
  • 1994-1997 KPMG Peat Marwick Fellow
  • 1991 UNC Favorite Faculty Award (Teaching)
  • 1987-1989 Peat Marwick Main Faculty Fellowship
  • 1983-1984 Deloitte, Haskins and Sells Fellowship
  • 1982 Richard T. Baker Award (Scholarship)
  • 1981 Emst & Whinney Award (Scholarship)
  • 1981 Passed CPA Examination
  • 1980 Passed CMA Examination
  • 1977 Beta Alpha Psi and Beta Gamma Sigma
Service

External:

  • Editorial Board, The International Journal of Accounting, 11/03-present.
  • Editorial Board, Accounting Horizons, 8/01-7/02
  • Editorial Board, The Accounting Review, 6/93 — 6/96; 1/04-present.
  • Outside Reviewer on AAA monograph Market Microstructure and Information Content Research, by Brown, Clinch, and Foster.
  • Ad Hoc Reviewer for The Accounting Review, Contemporag Accounting Research, Journal of Accounting, Auditing and Finance, Journal of Accounting and Economics, Journal of Accounting Research, Journal of Forensic Accounting, The Internaional Journal of Accounting, Issues in Accounting Education, Review of Accounting Studies, and AAA Annual Meeting Programs.
  • Ad Hoc Associate Editor for The Accounting Review.


Internal:

  • Member, University Committee on Qualifications, 2006—present.
  • Member, University Research Advisory Committee, 2004-2005.
  • Area Director, 2005-present.
  • Member, School of Management Ph.D. Program Committee, 2004-present.
  • Accounting and Information Management Ph.D. Advisor, 2004-present.
  • Chairman, Graduate Programs Committee, Ourso College of Business, 2003-2004.
  • Member, Promotion and Tenure Committee, Ourso College of Business, 2003-2004.
  • Member, LSU Accounting Department Chairperson search committee, 2003-2004.
  • Ph.D. Program Advisor, LSU 2003-2004.
  • Chairman, Distinguished Chair in Finance search committee, 2002.
  • Chairman, Herman Moyse Jr./Louisiana Bankers Association Chair of Banking search committee, 2001.
  • Chairman, Accounting Department Electronic Resources Committee, 2001-present.
  • College Undergraduate Program Committee, 2001-2002.
  • Chairman, Accounting Program Review Committee, 2001-2002.
  • Accounting Ph.D. Program Committee, LSU, 2000 - present.
  • Review Committee, MBA Program Oftice, Texas A&M, 1998 — 1999.
  • Accounting Ph.D. Program Advisor, Texas A&M, 1993 — 1999.
  • Accounting Ph.D. Program Committee, Texas A&M, 1991 — 2000.
  • Review Committee, Center for Entrepreneurship, Texas A&M, 1991 — 1992; 1994.
  • Supervised UNC’s accounting doctoral program, 1989 — 1990.
  • UNC Business School Doctoral Program Committee, 1989 — 1990.
  • UNC Accounting Area Doctoral Program Committee, 1985 — 1990.
  • UNC Master of Accounting Policy Committee, 1987 - 1989.

Affiliations

Dissertations
Kennard Brackney Nahnee Choi Kingsley Olibe Renee Price (Co-Chairman) David Hurtt (Chairman) Jim Seida Andrew McLelland (Co-Chairman) Siddharta Utama (Chairman) William Wempe Santanu Mitra (Co-Chairman) Yan Zhang (Chairman) Sonia Wasan (Co-Chairman) Abhijit Barua (Co-Chariman) Mustafa Cittci (Chairman) Shu Lin