Drawing on my research and teaching in financial reporting, sustainability disclosure, corporate valuation, and macroforecasting, I partner with organizations to transform complex data into actionable insights. My work bridges accounting, finance, law, and economics.

I regularly collaborate with a wide range of organizations—including private and public companies across sectors, from startups to Fortune 500 firms, as well as asset managers, asset owners, consulting firms, legal teams, and policy institutions—through speaking engagements and custom executive programs.

Areas of focus include:

• Financial data analysis and valuation

• Corporate finance for lawyers

• Corporate sustainability reporting and impact investing

• Supply chain value creation and cross-industry linkages

• Firm- and macro-level economic performance measurement

• Nowcasting and forecasting using financial and alternative data

To inquire about a collaboration, please contact me at panos.patatoukas@berkeley.edu.

• "Fundamentals of Carbon Emissions Scaling: Implications for Peer Comparisons and Carbon Efficient Indexing"

  • Forthcoming in Energy Economics (2025).

• "On the Capital Market Implications of Big Data: Evidence from Outer Space"

  • Published in The Journal of Financial and Quantitative Analysis (2025).

• • Featured in The Atlantic | Haas Newsroom | New Scientist | TechHQ.

• "Under the Hood of Activist Fraud Campaigns"

  • Published in The Accounting Review (2024).

  • Featured in the Columbia Law School Blue Sky Blog.

• "Doing Good by Doing Well? The Chicken And Egg Problem in the ESG Alpha Debate"

  • Published in California Management Review (2024).

• "Material ESG Alpha: A Fundamentals-Based Perspective"

• Published as Lead Article in The Accounting Review (2024).

• Featured in Bloomberg (Businessweek Finance) | MSCI Sustainability Institute | S&P Global Market Intelligence | Wall Street Journal, Streetwise.

• "Universal Demand Laws Did Not Increase Management Entrenchment"

  • Forthcoming in the Critical Finance Review (2023).

  • Featured in the Harvard Law School Forum on Corporate Governance.

• "The JOBS Act Did Not Raise IPO Underpricing"

• Published in the Critical Finance Review (2022).

• Featured in the Columbia Law School Blue Sky Blog.

• "Identifying the Effect of Stock Indexing: Impetus or Impediment to Arbitrage and Price Discovery?"

  • Published in The Journal of Financial and Quantitative Analysis (2022).

• "Synthetic Governance"

  • Published in the Columbia Business Law Review (2022).

• • Featured in Harvard Law School Forum on Corporate Governance | The Future of Securities Regulation Columbia Business Law Review Symposium.

• "Valuation Uncertainty and Short-Sales Constraints: Evidence from the IPO Aftermarket"

  • Published in Management Science (2022).

• • Featured in the Wall Street Journal.

• "The Blockchain Evolution and Revolution of Accounting"

  • Published Book Chapter in Information for Efficient Decision Making: Big Data, Blockchain and Relevance (2020).

• "On the Pricing of Mandatory DCF Disclosures: Evidence from Oil & Gas Royalty Trusts"

• • Published in The Accounting Review (2015).

• "Customer-Base Concentration: Implications for Audit Pricing and Quality"

• • Published in the Journal of Management Accounting Research (2019).

• "Customer-Base Concentration, Inventory Efficiencies, and Firm Valuation: Evidence from Manufacturing"

• • Published in the Production and Operations Management Journal (2016).

• • Featured in Haas Newsroom | Science Daily | Supply Chain Management Review | Chartered Institute of Procurement & Supply.

• "Customer-Base Concentration: Implications for Firm Performance and Capital Markets"

• • Published as Lead Article in The Accounting Review (2012).

• • Featured in Haas Newsroom | Financial Times | Fox Business | Strategy+Business | Alpha Architect.

• • Recipient of 2017 AAA/AICPA Notable Contributions to Accounting Literature Award.

• • Recipient of 2011 AAA Competitive Manuscript Award.

• • Recipient of 2009 AAA Northeast Region Best PhD Paper Award.

• "On the Origins of Forecast Walk-Downs: A Macro-to-Micro Perspective"

• • Published in the Journal of Accounting, Auditing & Finance (2023).

• "Stock Market Returns and GDP News"

• • Published in the Journal of Accounting, Auditing & Finance (2021).

• "The Real-Time Macro Content of Corporate Financial Reports: A Dynamic Factor Model Approach"

  • Published in the Journal of Monetary Economics (2021).

• "Taking the Pulse of the Real Economy Using Financial Statement Analysis: Implications for Macro Forecasting and Valuation"

• • Published in The Accounting Review (2014).

• "Accounting Earnings and Gross Domestic Product"

• • Published in the Journal of Accounting and Economics (2014).

• "Detecting News in Aggregate Accounting Earnings: Implications for Stock Market Valuation"

• • Published in the Review of Accounting Studies (2014).

• • Featured in Haas Newsroom.

• "Accounting for Asymmetry in the Investment–q Relation: Redux of Financial Reporting Quality and Investment Efficiency"

  • Accepted in Management Science (2025).

• "Identifying the Roles of Accounting Accruals in Corporate Financial Reporting"

• • Forthcoming in the Journal of Accounting, Auditing & Finance (2024).

• "Identifying Conditional Conservatism in Financial Accounting Data: Theory and Evidence"

• • Published in The Accounting Review (2017).

• "From Micro to Macro: Does Conditional Conservatism Aggregate up in the National Accounts?"

• • Published in the Journal of Financial Reporting (2016).

• "Asymmetrically Timely Loss Recognition and the Accrual Anomaly. Discussion of Konstantinidi et al."

• • Published in Abacus (2016).

• "Placebo Tests of Conditional Conservatism"

• • Published in The Accounting Review (2016).

• "More Evidence of Bias in Differential Timeliness Estimates of Conditional Conservatism"

• •  Published in The Accounting Review (2011).