601 S. Morgan St. (M/C 006)
                      Chicago, IL 60607
                      Phone: 312-355-1331
                      Fax : 312-996-4520
                      shail@uic.edu

Degrees

Ph.D., University of Rochester , 2005
M.S. (Applied Economics), University of Rochester , 2001
MBA, University of Indore , India , 1992
B.Engg., Jiwaji University, India, 1989

Teaching and Research Interests

Teaching: Introductory & Intermediate Financial Accounting, Financial Statement Analysis.
Research: Financial Reporting, Security Analysts, Mergers & Acquisitions, Corporate Governance.

Honors / Awards

Faculty Scholarship Grant, University of Illinois at Chicago, 2009-2010.
Dean’s Commendation Letter for Teaching Excellence, The Ohio State University, 2007-2008.
J.F. Jr. and Jessie Lee Seinsheimer Faculty Fellow, Tulane University, 2004-2005.
Dean’s Teaching Honor Roll, University of Rochester, Summer 2003.
John Olin Foundation Fellowship, University of Rochester, 2001-2002.
Graduate Fellowship, University of Rochester, 1998-2001.
Rotary International Group Study Exchange Fellowship, Tennessee, 1996.
Young Manager Award, Indore Management Association, India, 1995.
Merit Scholarship, University of Indore, India, 1990-1991.

Positions Held

Visiting Assistant Professor of Accounting and MIS, The Ohio State University, 2006-2008.
Assistant Professor of Accounting, Tulane University, 2004-2006.
Instructor, University of Rochester, 2003.

Representative publications

"Information externalities in capital markets: The economic determinants of suppliers' stock price reaction to their major customers' information events," Contemporary Accounting Research, forthcoming 2011 (with C.E. Wasley and T. Zach).

"The effect of R&D inputs and outputs on the relation between the uncertainty of future operating performance and R&D expenditures," Journal of Accounting, Auditing and Finance, January 2011 (with C.E. Wasley and T. Zach).

"Takeover strategies," in H. Kent Baker and Halil Kiymaz (eds.), The Art of Capital Restructuring, Hoboken, NJ: John Wiley & Sons, Kolb Series in Finance, forthcoming 2011.

"Equity method accounting and sell-side analysts' information environment," under review (with S. Lee and R.H. Willis).

"Measuring real activity management," under review (with D. Cohen, C.E. Wasley and T. Zach).

"Security analysts, cash flow forecasts, and turnover," under review (with R.H. Willis and L. Zhou).

"Audit quality, life-cycle stage and the investment efficiency of the firm" (with S. Das).

"Aggregate uncertainty and management earnings forecasts" (with K. Kim and C.E. Wasley).

"Operating leases and credit assessments" (with J. Altamuro, R. Johnston and H. Zhang).