Cyrus Aghamolla - CV

Conact information

caghamol [at] umn [dot] edu


Employment

Associate Professor (with tenure), University of Minnesota, Carlson School of Management, 2022-present

Assistant Professor, University of Minnesota, Carlson School of Management, 2016-2022


Education

PhD, Columbia GSB, 2013-2016

MA, Stanford GSB, 2010-2013

MA, Stanford, 2010-2013

BS, University of Maryland, 2005-2009


Publications

Sequential reporting bias (with Ilan Guttman and Evgeny Petrov). The Accounting Review, forthcoming.

Strategic complexity in disclosure (with Kevin Smith). 2023. Journal of Accounting and Economics, 76 (2-3), 101635.

Managerial myopia, earnings guidance, and investment (with Tadashi Hashimoto). 2023. Contemporary Accounting Research, 40 (1), 166-195.

Do mandatory disclosure requirements for private firms increase the propensity of going public? (with Richard Thakor), 2022. Journal of Accounting Research, 60 (3), 755-804.

IPO peer effects (with Richard Thakor). 2022. Journal of Financial Economics, 144 (1), 206-226.

Aggressive boards and CEO turnover (with Tadashi Hashimoto). 2021. Journal of Accounting Research, 59 (2), 437-486.

No reliance on guidance: Counter-signaling in management forecasts (with Carlos Corona and Ronghuo Zheng). 2021. RAND Journal of Economics, 52 (1), 207-245.

Strategic timing of IPOs and disclosure: A dynamic model of multiple firms (with Ilan Guttman). 2021. The Accounting Review, 97 (3), 27-57.

Voluntary disclosure with evolving news (with Byeong-Je An). 2021. Journal of Financial Economics, 140 (1), 21-53.

Information arrival, delay, and clustering in financial markets with dynamic freeriding (with Tadashi Hashimoto). 2020. Journal of Financial Economics, 138 (1), 27-52. 

Debt contract enforcement and conservatism: Evidence from a natural experiment (with Nan Li). 2018. Journal of Accounting Research, 56 (5), 1383-1416.  


Working papers

Observational learning, endogenous timing, and information acquisition. 

Merchants of death: The effect of credit supply shocks on hospital outcomes (with Pinar Karaca-Mandic, Xuelin Li, and Richard Thakor). 

Mandatory vs. voluntary ESG disclosure, efficiency, and real effects (with Byeong-Je An).

Endogenous offer arrival in the market for lemons (with Tadashi Hashimoto).

When private equity comes to town: The local economic consequences of rising healthcare costs (with Jash Jain and Richard Thakor)

Mandatory vs. voluntary disclosure in the dynamic market for lemons (with Shunsuke Matsuno)


Teaching

Introduction to financial reporting, Spring 2017-2023

Dynamic games (PhD), Spring 2020, 2022


Presentations

2022-2023: Journal of Accounting and Economics Conference*, Seoul National University, KAIST, Rice, European Finance Association Annual Meeting*, Korea Development Institute, Dartmouth, AEA Annual Meeting*, University of British Columbia, HARC, AES Winter Retreat, Minnesota-Chicago Theory Conference, Econometric Society Summer Meeting*.  

2021-2022: NBER Summer Institute*,  Federal Reserve Stress Testing Research Conference*, Columbia, HARC, HKUST Symposium*, SMU Symposium*, University of Alberta , UC Riverside, Dartmouth, ABFER Annual Meeting.

2020-2021: Journal of Accounting Research Conference, UCLA, Washington University in St. Louis, Accounting and Economics Society, DAR & DART Accounting Theory Seminar, Financial Intermediation Research Society Conference*. 

2019-2020: Carnegie Mellon Accounting Theory Conference, Tilburg Winter Camp, Shanghai Jiao Tong University, Midwest Finance Association Annual Meeting*, Utah Winter Accounting Conference.

2018-2019: Chicago-Minnesota Theory Conference, Northwestern, Econometric Society Annual Meeting*, NTU Finance Conference*.

2017-2018: Utah Winter Accounting Conference, Minnesota, International Game Theory Conference*.

2016-2017: Cambridge Corporate Finance Theory Symposium*, Carnegie Mellon.

2015-2016: Baruch, Chicago, Columbia, Dartmouth, Duke, Minnesota, Northwestern, Rice, Stanford, Yale.

(* denotes conference presentation by coauthor)


School and professional service

Editorial Board member, The Accounting Review, June 2023-present

PhD advising and first placement: Minjae Kim (primary advisor, University of Alberta), Jash Jain (committee member, in progress), Ethan Yao (committee member, in progress), Juerui Feng (committee member, in progress)

Co-organizer, Chicago-Minnesota Theory Conference, 2017-present

Minnesota Accounting Seminar Organizer, 2019-2020

PhD admissions committee, January 2021-present