CBR Briefing #52
Investors use the payments as a proxy for financial strength.
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Biography
Douglas J. Skinner is the Sidney Davidson Distinguished Service Professor of Accounting at the University of 黑料传送门 Booth School of Business. 听He is a leading expert in corporate disclosure, financial reporting, and payout policies.
Skinner joined Booth in 2005.听 He served as Deputy Dean for Faculty for nine years, from 2015 to 2024, and Interim Dean in 2016-17.听 He was responsible for the construction and financing of the University鈥檚 Hong Kong campus, the home of Booth鈥檚 EMBA program in Asia, completed in 2018. 听Prior to joining Booth, Skinner served on the faculty of the Ross School of Business, University of Michigan where he was KPMG Professor of Accounting.
Skinner is an independent trustee and chairs the audit committee for Harbor Funds, Harbor Funds II, and Harbor ETF Trust, a mutual fund and ETF complex that offers actively-managed mutual fund and ETF products.听 From time to time, he serves as an expert financial economist in litigation involving complex accounting, anti-trust, securities, and valuation matters.
Skinner holds a bachelor鈥檚 degree in Economics with first class honors in Accounting and Finance from Macquarie University in Sydney and a master鈥檚 degree and PhD in Applied Economics from the University of Rochester.
Skinner鈥檚 research addresses topics that span financial reporting, disclosure, auditing, and corporate finance, focusing on the capital markets/valuation effects of firms鈥� financial policies. His research is published in leading academic journals including the Journal of Accounting and Economics, the Journal of Accounting Research, The Accounting Review, the Journal of Finance, and the Journal of Financial Economics.听
Skinner previously served as editor of the Journal of Accounting Research and the Journal of Accounting and Economics, both top tier academic accounting journals.听
Skinner has extensive experience teaching in Booth鈥檚 MBA, EMBA, Executive Education, and Ph.D. programs.听 He currently teaches Managerial Accounting in Booth鈥檚 EMBA program and Empirical Research Methods in Booth鈥檚 PhD program.听 He has previously taught Corporate Finance and Valuation, Financial Accounting, and Financial Statement Analysis.听 He has advised PhD students who have taken faculty positions at Cornell, Harvard, Michigan, MIT, Wharton, Stanford, London Business School, among other top schools around the world.
Research Interests
Corporate financial reporting and disclosure practice; corporate payout policy.
Academic Areas
- Accounting
Selected Publications
"Why Firms Voluntarily Disclose Bad News,"听Journal of Accounting Research听(1994).
"Earnings Disclosures and Stockholder Lawsuits,"听Journal of Accounting and Economics听(1997).
With Richard Sloan, "Earnings Surprises, Growth Expectations, and Stock Returns or Don't Let an Earnings Torpedo Sink Your Portfolio,"听Review of Accounting Studies听(2002).
With Harry DeAngelo and Linda DeAngelo, "Are Dividends Disappearing? Dividend Concentration and the Consolidation of Earnings,"听Journal of Financial Economics听(2004).
With Harry DeAngelo and Linda DeAngelo, 鈥淐orporate Payout Policy,鈥�听Foundations and Trends in Finance听(2008).
For a listing of research publications, please visit the听.
Working Papers
2025 - 2026 Course Schedule
| Number | Course Title | Quarter |
|---|---|---|
| Foundations of Accounting Research | 2025 (Autumn) | |
| Managerial Accounting and Analysis | 2025 (Autumn) |
Get Insights from Douglas J. Skinner in 黑料传送门 Booth Review
CBR Briefing #31
Ultrafast traders can exploit time delays in postings of company stock filings.
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Why Banks Pay Ever-Larger Dividends
Ever since the 2007鈥�10 financial crisis, banks in the United States have been asking regulators for the right to resume and increase dividend payments to shareholders.
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