Robert J. Trulaske Sr., College of Business, University of Missouri

People Directory

Inder K. Khurana

Geraldine Trulaske Chair of Accountancy
Accountancy
Office: 
447
Building: 
Cornell Hall
Office Hours: 
Monday: 3:15 pm-4:15 pm
Wednesday: 3:15 pm-4:15 pm
Phone: 
(573) 882-3474

Dr. Khurana is a member of the American Accounting Association, Financial Management Association and the Institute of Chartered Accountants of India. His research interests are in the areas of financial accounting and auditing. His recent research has focused on financial statement disclosure issues facing regulated and unregulated industries. He has published in several journals, including The Accounting Review, Journal of Accounting Research, Contemporary Accounting Research, Auditing: A Journal of Practice and Theory, Research in Accounting Regulation, and Advances in Accounting.

Education: 

B.Commerce Delhi University, 1978; M.I.M. American Graduate School of International Management, 1985; Ph.D. Arizona State University, 1989.

Publications

Journal Articles

Glendening, M., I. Khurana, and W. Wang. 2016. The Market for Corporate Control and Dividend Policies: Cross-Country Evidence from M&A Laws. Journal of International Business Studies (forthcoming)

Francis, J., S. Huang, and I. Khurana. 2016. "The Role of International GAAP in Cross-Border Mergers and Acquisitions". Contemporary Accounting Research (forthcoming).

Francis, J., S. Huang, and I. Khurana. "The Role of Similar Accounting Standards in Cross-Border Mergers and Acquisitions."  Contemporary Accounting Research  (Fall 2016), Vol.33, No.3: 1298-1330.

Kang, T., I. Khurana, and C. Wang. 2016. International Diversification, SFAS 131, and Post-Earnings Announcement Drift. Contemporary Accounting Research (Awaiting approval of Senior Editor for final acceptance)

Chen, L., and I. Khurana. 2015.  "The impact of eliminating the Form 20-F reconciliation on shareholder wealth: Evidence from the U.S. cross-listed firms. The Accounting Review 90(1): 199-228.

Khurana, I., and C. Wang. 2015. "Debt Maturity Structure and Accounting Conservatism." Journal of Business, Finance & Accounting 42 (1-2): 167-203.

Hallman, N., and I. Khurana.  2015.  State pension Liabilities and Credit Assessments.  Accounting Horizons 29 (4):943-967.

Boone, J., I. Khurana, and K.K. Raman. 2015. "Did the 2007 PCAOB Disciplinary Order against Deloitte have Information Value for Audit Market Participants?"  The Accounting Review 90(2): 405-441.

Dhaliwal, D., I. Khurana, and R. Pereira. 2014.  Product Market Competition and Conditional Conservatism.  Review of Accounting Studies 1-37.

Khurana, I., K.K. Raman, and D. Wang. 2013.  "Weakened Outside Shareholder Rights in Dual-Class Firms and Timely Loss Reporting."  Journal of Contemporary Accounting and Economics 9: 203-220

Boone, J., I. Khurana, and K.K. Raman. 2013.  "Religiosity and Tax Avoidance."  The Journal of the American Taxation Association 25: 53-84.

Khurana, I., and W. Moser. 2013.  "Institutional Shareholders' Investment Horizons and Tax Avoidance."  The Journal of the American Taxation Association 25:  111-134.

Boone, J., I. Khurana, , and K.K. Raman. 2012.  "Audit Market Concentration and Auditor Tolerance for Earnings Management."  Contemporary Accounting Research 1171-1203.

Francis, J., I. Khurana, R. Pereira, and X. Martin. 2011. "The Relative Importance of Firm Incentives Versus Country Factors in the Demand for Assurance Services by Private Entities." Contemporary Accounting Research, 28 (2): 487-516.

Khurana, I., and P. Michas.  2011.  "Mandatory IFRS Adoption and the U.S. Home Bias."  Accounting Horizons 25: 729-754

Albring, S., I. Khurana, A. Nejadmalayer and R. Pereira.  2011.  "Managerial Compensation and the Debt Placement Decision."  Journal of Corporate Finance 17: pp. 1445-1456.

Boone, J., I. Khurana, and K.K. Raman.  2011.  Litigation Risk and Abnormal Accruals. Auditing: A Journal of Practice & Theory 30(2):  pp. 231-256.

Albring, S., D. Dhaliwal, I. Khurana, and, R. Pereira. 2011. "Short Term Incentive Effects of a Reduction in the NOL Carryback Period."  The Journal of American Taxation Association 23(2): 67-88.

Dhaliwal, D., I. Khurana, and R. Pereira. 2011. Firm Disclosure Policy and the Choice between Private and Public Debt. Contemporary Accounting Research 28 (1): 293–330

Boone, J., I. Khurana, I., and K. K. Raman. 2010.  Investor Pricing of CEO Equity Incentives.  Review of Quantitative Finance and Accounting 36(3) pp. 417-435.

Boone, J., I. Khurana, and K.K. Raman. 2010.  Do the Big 4 and the Second-tier provide Audits of Similar Quality.  Journal of Accounting and Public Policy 29: 330-352.

Francis, J., S. Huang, I. Khurana, and R. Pereira. 2009. "Does Corporate Transparency Contribute to Efficient Resource Allocation?" Journal of Accounting Research 47 (4): 943-989.

Boone, J., I. Khurana, I., and K.K. Raman. 2009  Litigation Reform, Accounting discretion, and the cost of equity. Journal of Accounting and Contemporary Economics 5(2):  80-94.

Gupta, M., I. Khurana, and R. Pereira. 2008. Creditor rights, Short term Debt, and Earnings Management. Journal of Law and Economics 51 (4): 619–639.

Boone, J., I. Khurana, I., and K.K. Raman.  2008.  Audit Firm Tenure and The Equity Risk Premium, Journal of Accounting, Auditing, and Finance 23: 115-140.

Francis, J., I. Khurana, R. Pereira, and X. Martin. "The Role of Firm-Specific Incentives and Country Factors in Explaining Voluntary IAS Adoptions," European Accounting Review (July 2008), Vol. 17, No. 2, pp. 331-360.

Francis, J., I. Khurana, R. Pereira, and X. Martin. 2008.  IAS Adoptions: The influence of firm and country specific factors. European Accounting Review 17 (2): 331-360.

Khurana, I., R. Pereira, and X. Martin. 2008. Cross-Listing and Firm Growth. Review of Finance 12 (2): 293-322.

Brockman, P., I. Khurana, and X. Martin. 2008.  "Voluntary Disclosures and Share Repurchases," Journal of Financial Economics 89: 175-191.

Boone, J., I. Khurana, and K. Raman. "Spatial Competition in Local Audit Markets and the Fall-out on Deloitte from the 2007 PCAOB Censure". Auditing: A Journal of Practice & Theory

Khurana, I., X. Martin, and R. Pereira. 2006. Financial Development and Cash Flow Sensitivity of Cash. Journal of Financial and Quantitative Analysis 41 (December): 787–807

Khurana, I., K.K. Raman, and D. Wang. 2006.  Does the Threat of Private Litigation Increase The Predictive Ability of Reported Earnings for Future Cash Flows?  International Evidence, Journal of International Accounting Research 5: 21-40.

Khurana, I., and K.K. Raman.  2006. Do Investors Care about the Auditor's Economic Dependence on the Client? Contemporary Accounting Research 23: 977-1016.

Khurana, I., R. Pereira, and X. Martin.  2006.  Firm Growth and Disclosure: An Empirical Analysis, Journal of Financial and Quantitative Analysis 41: 357-380.

Francis, J., I. Khurana, and R. Pereira. 2005. "Disclosure Incentives and Effects on Cost of Capital Around the World." The Accounting Review 80 (3): 1125-1162.

Khurana, I., and K.K. Raman.  2004.  Are Big Four audits in ASEAN Countries of Higher Quality Than Non-big Four Audits?  Asia Pacific Journal of Accounting and Economics pp. 139-165.

Khurana, I., and K.K. Raman.  2004.  Litigation Risk and the Financial Reporting Credibility of Big Four vs. Non-Big Four Audits: Evidence from Anglo-American Countries.  The Accounting Review (April):  pp. 473-495.

Raman, K.K., I. Khurana, and R. Pereira. 2003.  Does Analyst Behavior Explain Market Mispricing of Foreign Earnings for U.S. Multinational Firms? Journal of Accounting, Auditing, and Finance, (Fall): 453-477.

Francis, J., I. Khurana, and R. Pereira. 2003. "The Role of Accounting and Auditing in Corporate Governance and the Development of Financial Markets Around the World," Asia-Pacific Journal of Accounting and Economics 10 (1): 1-30.

Khurana, I., and K. Raman. 2003.  Are Fundamentals Priced in the Bond Market?  Contemporary Accounting Research (Fall): 465-494.

Khurana, I., and M. Kim. 2003. "Value Relevance of Fair Value Disclosures in the Banking Industry," Journal of Accounting and Public Policy (January/February): 19-42.

Johnson, V., I. Khurana, and J. Reynolds. 2002. "Audit Tenure and the Quality of Financial Reports," Contemporary Accounting Research (Fall): 637-660.

Khurana, I., R. Pettway, and K. Raman. 2001. "Liability Equivalence of Unfunded Nuclear Decommissioning Costs," Journal of Accounting and Public Policy (Summer): 155-185.

Huffman, W., I. Khurana, K. Raman, and E. Wilson. 2000. "Governmental Nonaudit Services and Choice of Incumbent/Non-Incumbent CPA Firm," Journal of Public Budgeting, Accounting & Financial Management (Winter): 509-544.

Boatsman, J., I. Khurana, and M. Loudder. 2000. "The Economic Implications of Proposed Changes in the Accounting for Nuclear Decommissioning Costs," The Accounting Horizons (June): 211-233.

Khurana, I., and B. Lippincott. 2000. "Restructuring and Firm Value: The Effects of Profitability and Restructuring Purpose," Journal of Business, Finance and Accounting (Nov/Dec): pp. 1107-1129.

Lawrence, C., and I. Khurana. 1997. "Superfund Liabilities and Governmental Reporting Entities: An Empirical Analysis," Journal of Accounting and Public Policy (Summer): 155-186.

Loudder, M., D. Wells and I. Khurana. 1997. "Firms in Which Cash Flows Dominate Earnings in the Valuation Process," Journal of Accounting and Finance Research: 41-50.

Loudder, M., I. Khurana, and J. Boatsman. 1996. Market Valuation of Regulatory Assets In Public Utilities, The Accounting Review (July): 357-373.

Johnson, V., and I. Khurana. 1995. "Auditor Reporting for Bankrupt Companies: The Impact of SAS No. 59," Research in Accounting Regulation: 3-22.

Wilson E., I. Khurana and D. Albrecht. 1995. "Client Financial Condition and Market Reaction to Auditor Changes," Advances in Accounting: 153-168.

Khurana, I. and M. Loudder. 1994. "The Economic Consequences of SFAS 106 on Rate-Regulated Enterprises," The Accounting Review (April): 38-51.

Arunachalam, V., and I. Khurana, "Public Accounting Certification Programmes in Canada and the U.S.A.," Accountants' Journal, October 1993, pp.80-82.

Arunachalam, V., and I. Khurana, "Dual Designations: Reciprocity Comes to Accountancy," CA Magazine (Feature Article), September 1993, pp.28-33.

Arunachalam, V., and I. Khurana, "American CPA and Indian CA Certification Programmes: An Analysis," The Chartered Accountant, November 1992, pp.383-389.

Khurana, I., R. Pereira, and E. Zhang. "Is Real Earnings Smoothing Harmful?" "Evidence from Firm-specific Stock Price Crash Risk". Contemporary Accounting Research (Awaiting approval of Senior Editor for final acceptance)