Stephen A. Hillegeist

Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy

Associate Professor

Tempe, AZ 85287-3706

United States

SCHOLARLY PAPERS

20

DOWNLOADS
Rank 2,776

SSRN RANKINGS

Top 2,776

in Total Papers Downloads

15,634

SSRN CITATIONS
Rank 3,437

SSRN RANKINGS

Top 3,437

in Total Papers Citations

202

CROSSREF CITATIONS

189

Scholarly Papers (20)

1.
Downloads 3,817 ( 3,183)
Citation 143

Assessing the Probability of Bankruptcy

Number of pages: 47 Posted: 03 May 2002
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy, Harvard University - John F. Kennedy School of Government, State University of New York, Oswego and affiliation not provided to SSRN
Downloads 3,817 (3,113)
Citation 143

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probability of bankruptcy, accounting information, market information

Assessing the Probability of Bankruptcy

Posted: 04 Dec 2003
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy, Harvard University - John F. Kennedy School of Government, State University of New York, Oswego and affiliation not provided to SSRN

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bankruptcy prediction, option-pricing models, Z-Score, O-Score

2.

How Disclosure Quality Affects the Level of Information Asymmetry

Review of Accounting Studies, Forthcoming
Number of pages: 53 Posted: 12 Jan 2007
Stephen Brown and Stephen A. Hillegeist
University of Maryland - Department of Accounting & Information Assurance and Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy
Downloads 2,096 (8,705)
Citation 22

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Disclosure Quality, Information Asymmetry, Informed Trading, Private Information Events

3.

How Disclosure Quality Affects the Long-Run Level of Information Asymmetry

INSEAD Working Paper
Number of pages: 43 Posted: 23 Jan 2002
Stephen Brown and Stephen A. Hillegeist
University of Maryland - Department of Accounting & Information Assurance and Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy
Downloads 1,680 (12,409)
Citation 8

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Disclosure quality; Information asymmetry; Microstructure, private information events

4.

The Incentives of Compensation Consultants and CEO Pay

Journal of Accounting and Economics, Forthcoming
Number of pages: 43 Posted: 13 Mar 2008 Last Revised: 08 Jul 2009
Brian D. Cadman, Mary Ellen Carter and Stephen A. Hillegeist
University of Utah - David Eccles School of Business, Boston College - Department of Accounting and Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy
Downloads 1,553 (14,050)
Citation 7

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Executive Compensation, Compensation Consultants

5.

Management Forecasts and Litigation Risk

Sauder School of Business Working Paper
Number of pages: 48 Posted: 02 May 2005
Stephen Brown, Stephen A. Hillegeist and Kin Lo
University of Maryland - Department of Accounting & Information Assurance, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,142 (22,559)
Citation 41

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Management forecasts, litigation risk, forecast news, forecast precision, forecast horizon

6.

Stock Option Incentives and Firm Performance

Number of pages: 51 Posted: 27 Dec 2003
Stephen A. Hillegeist and Fernando Penalva
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and IESE Business School - University of Navarra
Downloads 1,056 (25,297)
Citation 18

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Employee stock options, financial performance, corporate governance

Conference Calls and Information Asymmetry

Sauder School of Business Working Paper
Number of pages: 36 Posted: 05 Feb 2003
Stephen Brown, Stephen A. Hillegeist and Kin Lo
University of Maryland - Department of Accounting & Information Assurance, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and University of British Columbia (UBC) - Sauder School of Business
Downloads 1,044 (25,299)
Citation 31

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information asymmetry, voluntary disclosures, conference calls, microstructure, regulation

Conference Calls and Information Asymmetry

Posted: 01 Oct 2004
Stephen Brown, Stephen A. Hillegeist and Kin Lo
University of Maryland - Department of Accounting & Information Assurance, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and University of British Columbia (UBC) - Sauder School of Business

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Information asymmetry, voluntary disclosures, conference calls, microstructure, probability of informed trade

The Effect of Earnings Surprises on Information Asymmetry

Number of pages: 46 Posted: 08 Aug 2006 Last Revised: 18 Dec 2008
Stephen Brown, Stephen A. Hillegeist and Kin Lo
University of Maryland - Department of Accounting & Information Assurance, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and University of British Columbia (UBC) - Sauder School of Business
Downloads 760 (39,511)
Citation 9

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Information asymmetry, meeting or beating expectations, earnings expectations, expectation management, investor recognition hypothesis

The Effect of Earnings Surprises on Information Asymmetry

Journal of Accounting & Economics, Vol. 47, pp. 208-225, 2009
Posted: 04 Jan 2009 Last Revised: 08 Jul 2009
Stephen Brown, Stephen A. Hillegeist and Kin Lo
University of Maryland - Department of Accounting & Information Assurance, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and University of British Columbia (UBC) - Sauder School of Business

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Information asymmetry, earnings surprises, investor recognition hypothesis

Directors’ and Officers’ Legal Liability Insurance, Audit Pricing, and Litigation Risk

Number of pages: 32 Posted: 22 Sep 2012
Hyeesoo Hyun Chung, Stephen A. Hillegeist and Jinyoung P. Wynn
California State University, Long Beach, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and Louisiana Tech University - School of Professional Accountancy
Downloads 316 (116,451)
Citation 4

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Directors’ & Officers’ insurance, audit fees, litigation risk, mandatory disclosure

Directors’ and Officers’ Legal Liability Insurance, Audit Pricing, and Litigation Risk

Journal of Accounting and Public Policy, Forthcoming
Number of pages: 51 Posted: 15 Mar 2015
Hyeesoo Hyun Chung, Stephen A. Hillegeist and Jinyoung P. Wynn
California State University, Long Beach, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and Louisiana Tech University - School of Professional Accountancy
Downloads 194 (189,764)

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Directors’ & officers’ insurance, audit fees, litigation risk, mandatory disclosure

10.

Insider Trading, Future Earnings and Post-Earnings Announcement Drift

Number of pages: 60 Posted: 29 Jun 2016 Last Revised: 17 Aug 2020
Lyungmae Choi, Lucile Faurel and Stephen A. Hillegeist
City University of Hong Kong (CityUHK), Arizona State University and Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy
Downloads 428 (83,100)
Citation 4

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insider trading; price efficiency; post-earnings announcement drift; predicting earnings

Quasi-Indexer Ownership and Insider Trading: Evidence from Russell Index Reconstitutions

Contemporary Accounting Research, Forthcoming
Number of pages: 55 Posted: 24 Sep 2018 Last Revised: 18 Apr 2021
Stephen A. Hillegeist and Liwei Weng
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and The Hong Kong Polytechnic University
Downloads 315 (116,847)
Citation 1

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quasi-indexers, insider trading, blackout policies, causal effect, regression discontinuity

Quasi-Indexer Ownership and Insider Trading: Evidence from Russell Index Reconstitutions

Contemporary Accounting Research, Forthcoming
Posted: 05 May 2021
Stephen A. Hillegeist and Liwei Weng
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and The Hong Kong Polytechnic University

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quasi-indexers, insider trading, blackout policies, causal effect, regression discontinuity

12.

Quasi-Indexer Ownership and Conditional Conservatism: Evidence from Russell Index Reconstitutions

Number of pages: 60 Posted: 29 Oct 2018 Last Revised: 06 Jun 2019
Stephen A. Hillegeist, Fernando Penalva and Liwei Weng
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy, IESE Business School - University of Navarra and The Hong Kong Polytechnic University
Downloads 242 (154,134)

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quasi-indexer institutional owners, conditional conservatism, monitoring, causal effect, regression discontinuity

Capitalization of In-Process Research and Development Under SFAS 141R and Information Asymmetry

Contemporary Accounting Research
Number of pages: 45 Posted: 09 Oct 2015 Last Revised: 09 Jan 2019
California State University, Long Beach, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy, University of Hawaii at Manoa - School of Accountancy and Louisiana Tech University - School of Professional Accountancy
Downloads 223 (166,389)

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SFAS 141R, in-process R&D, goodwill, information asymmetry

Capitalization of In-Process Research and Development Under SFAS 141R and Information Asymmetry

Contemporary Accounting Research, Forthcoming
Posted: 20 Jun 2019
California State University, Long Beach, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy, University of Hawaii at Manoa - School of Accountancy and Louisiana Tech University - School of Professional Accountancy

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SFAS 141R, capitalization vs. expensing, information asymmetry, in-process research and development, goodwill

14.

Do Proprietary Costs Deter Insider Trading?

Number of pages: 56 Posted: 13 Jul 2017 Last Revised: 25 Sep 2020
Lyungmae Choi, Lucile Faurel and Stephen A. Hillegeist
City University of Hong Kong (CityUHK), Arizona State University and Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy
Downloads 216 (171,856)

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Insider trading, proprietary costs, product market competition

15.

Financial Distress Risk and New CEO Compensation

Management Science
Number of pages: 51 Posted: 13 Jun 2015
Woo-Jin Chang, Rachel M. Hayes and Stephen A. Hillegeist
INSEAD, University of Utah - David Eccles School of Business and Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy
Downloads 195 (189,000)
Citation 3

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CEO compensation, compensation premium, CEO incentives, financial distress risk

16.

Principles vs. Rules and the Information Environment: The Case of SFAS 95

Robert H. Smith School Research Paper
Number of pages: 44 Posted: 04 Sep 2013
Stephen Brown, Stephen A. Hillegeist and Steven F. Orpurt
University of Maryland - Department of Accounting & Information Assurance, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and Arizona State University
Downloads 128 (268,158)

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rules-based accounting standards, principles-based accounting standards, information environment, SFAS 95 Statement of Cash Flows

17.

Financial Reporting Frequency and Managerial Learning from Stock Price

Number of pages: 52 Posted: 24 Jun 2020
Stephen A. Hillegeist, Asad Kausar, Arthur G. Kraft and You-il (Chris) Park
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy, American University - Kogod School of Business, City University London - Cass Business School and University of Hawaii at Manoa - School of Accountancy
Downloads 103 (312,824)

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financial reporting frequency, managerial learning, price informativeness

18.

Earnings Management to Avoid Debt Covenant Violations and Future Performance

Accounting Research Network, 2020
Number of pages: 63 Posted: 26 Oct 2020
Scott Dyreng, Stephen A. Hillegeist and Fernando Penalva
Duke University - Accounting, Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy and IESE Business School - University of Navarra
Downloads 73 (385,809)
Citation 2

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earnings management; debt covenants violations; future firm performance

19.

The Association between Quarter Length, Forecast Errors, and Firms’ Voluntary Disclosures

Number of pages: 51 Posted: 31 Aug 2018
Stephen A. Hillegeist, James Kavourakis, Matt Pinnuck and Christopher Stewart
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy, University of Melbourne, University of Melbourne - Department of Accounting and Business Information Systems and University of Melbourne
Downloads 53 (452,821)

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quarter length, firm performance, forecast errors, voluntary disclosures, abnormal returns

20.

Financial Reporting and Auditing Under Alternative Damage Apportionment Rules

Posted: 04 May 1999
Stephen A. Hillegeist
Arizona State University (ASU) - W. P. Carey School of Business, School of Accountancy

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