Casey M. Schwab
University of North Texas
G. Brint Ryan College of Business
1155 Union Circle, Denton, TX 76203
Phone: (972) 375-3760
Email: casey.schwab@unt.edu
EDUCATION
The University of Texas at Austin, McCombs School of Business, Austin, TX
Doctor of Philosophy, Accounting
2009
Texas Tech University, Rawls College of Business, Lubbock, TX
Masters of Science in Accounting; Bachelor of Business Administration
2002
ACADEMIC EXPERIENCE
University of North Texas, Denton, TX
G. Brint Ryan Professor of Accounting
2020-Present
Indiana University, Bloomington, IN
Associate Professor
2016 – 2020
University of Georgia, Athens, GA
Assistant Professor, PwC Tax Faculty Fellow
2009 – 2016
University of Texas at Austin, Austin, TX
Teaching Assistant, Research Assistant, Assistant Instructor
2004-2009
PROFESSIONAL EXPERIENCE
Ernst and Young, LLP, Dallas, TX
Tax Consultant
2002 – 2004
PUBLICATIONS AND RESEARCH
Publications (in reverse chronological order)
Dhaliwal, D., T. Goodman, P.J. Hoffman, and C. Schwab. 2022. “The Incidence, Valuation, and Management of Tax-related Reputational Costs: Evidence from a Period of Protest.” Journal of the American Taxation Association 44(1): 49-73. https://doi.org/10.2308/JATA-18-065
Schwab, C., B. Stomberg, and J. Xia. 2022. “What Determines ETRs? The relative influence of tax and non-tax factors.” Contemporary Accounting Research 39(1): 459-497. https://doi.org/10.1111/1911-3846.12720
Schwab, C., B. Stomberg, and B. Williams. Effective Tax Planning. 2022. The Accounting Review 97(1): 413-437. https://doi.org/10.2308/TAR-2019-0020
Nessa, M., C. Schwab, B. Stomberg, and E. Towery. 2020. “How do IRS resources affect the corporate audit process?” The Accounting Review 95(2): 311-338. https://doi.org/10.2308/accr-52520
Ayers, B., A. Call, and C. Schwab. 2018. “Do Analysts’ Cash Flow Forecasts Encourage Managers to Enhance Real Cash Flows? Evidence from Tax Planning.” Contemporary Accounting Research 35(2): 767-793. https://doi.org/10.1111/1911-3846.12403
Edwards, A., C. Schwab, and T. Shevlin. 2016. “Financial Constraints and Cash Tax Savings” The Accounting Review 91(3): 859-881, http://dx.doi.org/10.2308/accr-51282.
Bratten, B., R. Jennings, and C. Schwab. 2016. “The accuracy of disclosures for complex estimates: Evidence from reported stock option fair values” Accounting, Organizations and Society 52: 32-49, http://dx.doi.org/10.1016/j.aos.2015.09.001.
Ayers, B., C. Schwab, and S. Utke. 2015. “Noncompliance with Mandatory Disclosure Requirements: The Magnitude and Determinants of Undisclosed Permanently Reinvested Earnings.” The Accounting Review 90(1): 59-83, http://dx.doi.org/10.2308/accr-50853.
Bratten, B., R. Jennings, and C. Schwab. 2015 “The effect of using a lattice model to estimate reported option values.” Contemporary Accounting Research 32(1): 193-222. 10.1111/1911-3846.12067.
Mills, L., S. Nutter, and C. Schwab. 2013. “The Effect of Political Sensitivity and Bargaining Power on Taxes: Evidence from Federal Contractors.” The Accounting Review 88(3): 977-1005, http://dx.doi.org/10.2308/accr-50368.
Working Papers
Bratten, B., A. Manlove, C. Schwab, and B. Stomberg. “Realized vs. Reported Executive Compensation: Implications for the Stakeholders, Regulators, and Policymakers.” (Revising for submission to Accounting Horizons)
Campbell, J., D. Dhaliwal, L. Krull, and C. Schwab. “U.S. Multinational Corporations’ Foreign Cash Holdings: An Empirical Estimate and its Valuation Consequences.” (Revising for third round submission at Review of Accounting Studies)
Manlove, A., C. Schwab, and B. Stomberg. “The Effect of Statutory Tax Rates on the CEO Performance-Turnover Relation.”
Schwab, C., B. Stomberg, and J. Xia. “Tax Avoidance of Loss Firms.”
Work-In-Progress
Schwab, C., B. Stomberg, and J. Xia. “Tax Planning Over Time.” (Stage: Data Collection)
Media Citations
“How do IRS resources affect the corporate audit process?” (with M. Nessa, E. Towery, and B. Stomberg)
USA Today, August 15, 2019, Maureen Groppe, “Report: US government losing billions in corporate tax revenue from IRS budget cuts”
The Hill, August 15, 2019, Naomi Jagoda, “Study: IRS funding cuts lead to billions in lost corporate tax revenue”
Accounting Today, August 15, 2019, Michael Cohn, “IRS budget cuts cost $34.2B in lost revenue from big business”
Additional citations via media articles or Twitter from Newsweek, The New York Times, Propublica, Business Insider, International Business Times, 24/7 Wall Street, Law 360, Yahoo News, and more than 25 additional news outlets
“Noncompliance with Mandatory Disclosure Requirements: The Magnitude and Determinants of Undisclosed Permanently Reinvested Earnings.” (with B. Ayers and S. Utke)
The CPA Journal, October 2019 Issue, Zhan Furner, “How Closing a Tax Loophole Helps Resolve an Accounting Loophole”, featured article
Invited Research Presentations
“Effective Tax Planning”
2019: Southern Methodist University, Texas Tech University, University of North Texas; 2018: University of North Carolina Tax Symposium
“The Effect of Statutory Tax Rates on the CEO Performance-Turnover Relation”
2021: 7th Berlin-Vallendar Conference on Tax Research; 2019: University of Alabama
“The Incidence, Valuation, and Management of Tax-related Reputational Costs
2019: The Journal of the American Taxation Association Conference; 2018: AAA Annual Meeting , ATA Midyear Meeting; 2015: University of Illinois, Indiana University
“When Do GAAP Effective Tax Rates Not Capture Tax Avoidance?”
2018: AAA Annual Meeting
“Financial Statement Disclosure Accuracy: Evidence from Reported Stock Option Fair Values”
2014: University of Toronto
“Financial Constraints and Cash Tax Savings”
2014: University of Arizona, University of Houston; 2013: The Duke-UNC Fall Camp
“Do Analysts’ Cash Flow Forecasts Encourage Managers to Enhance Real Cash Flows? Evidence from Tax Planning”
2013: JATA Conference, AAA Annual Meeting
“Does Tax Deferral Enhance Firm Value?”
2012: Michigan State University; 2011: The National Tax Association Annual Meeting, University of Connecticut, University of Illinois Tax Symposium
“The Effect of Political Sensitivity and Bargaining Power on Taxes: Evidence from Federal Contractors”
2010: University of North Carolina Tax Symposium, University of Kentucky, AAA Annual Meeting
“The Determinants and Effects of Voluntary BTD Disclosures: Evidence from Earnings Releases”
2009: New York University, University of Florida, University of Georgia, University of Illinois, University of Oregon, Texas Tech University
“The effect of using a lattice model to estimate reported option values.”
19th Annual Conference on Financial Economics and Accounting, 2008
“The Effect of the Domestic Manufacturing Deduction on Corporate Payout Behavior”
ATA Mid-Year Meeting, 2008
CONFERENCES ATTENDED
American Taxation Association Midyear Meeting, 2005 – 2008, 2010 – 2022
American Accounting Association Annual Meeting, 2007 – 2019, 2022
Indiana University Spring Tax Camp, 2018-2022
University of Texas/University of Waterloo Tax Research Conference, 2014, 2016, 2018, 2020, 2022
UNT Accounting Research Conference, 2021
UNC Tax Symposium, 2007 – 2021
Contemporary Accounting Research Conference, 2020
The University of Illinois Tax Symposium, 2008, 2011, 2013, 2017, 2019, 2021
Hoosier Accounting Research Conference, 2017, 2019
National Tax Association Spring Symposium or Annual Meeting, 2011, 2012
AAA/Deloitte/J. Michael Cook Doctoral Consortium, 2008
PROFESSIONAL CERTIFICATIONS AND AFFILIATIONS
Bureau of Economic Analysis Special Sworn Researcher Program
Passed Texas Certified Public Accountant Exam, Inactive License
Member, American Accounting Association and American Taxation Association
PROFESSIONAL SERVICE
ATA VP Finance-Elect, 2022
The Journal of the American Taxation Association Conference Committee Member, 2019-2020
American Taxation Association Trustee, 2017-2019
Institute of Management Accountants Presenter, 2017
ATA Research Methodologies Committee Co-Chair, 2016
ATA Doctoral Consortium Presenter, 2015, 2021
Reviewer at ATA Mid-year Meeting, 2011-2017
Discussant at UNC Tax Symposium, 2013
Reviewer at FARS Mid-year Meeting, 2013, 2017
Discussant at ATA Mid-year Meeting, 2011, 2016
Reviewer/Discussant at American Accounting Association Annual Meeting, 2008, 2010-2015
JATA Conference Committee, 2012-2013
ATA Manuscript Award Committee, 2011-2012
American Accounting Association Annual Meeting Program Committee (ATA section), 2009-2010
Ad hoc reviewer: The Accounting Review, Contemporary Accounting Research, Review of Accounting Studies, The Journal of the American Taxation Association, Journal of Accounting and Public Policy, Accounting and the Public Interest, European Accounting Review
ACCOUNTING COURSES TAUGHT
ACCT 4320: Federal Income Taxation II
· Spring 2022: In Progress
· Spring 2021: 5.0/5.0 (80% response rate)
ACCT 5390/5900: Taxes and Business Strategy
· Fall 2021: 4.9/5.0 (93% response rate)
· Fall 2020: Experimental Course, no SPOT evaluation (informal survey 4.5/5.0; 91% response rate)
INSTITUTIONAL SERVICE
UNT Accounting Research Conference Co-Chair, 2022-2023
Accounting PhD Program Committee: 2021 to Present
RCoB Faculty Research Committee: 2021 to Present
Reappointment, Promotion, and Tenure Committee: 2021 to Present
DOCTORAL STUDENT COMMITTEES/ADVISING
Adam Manlove, Dissertation committee member, first and second summer paper co-advisor (current)
Junwei Xia, Dissertation committee member, Second summer paper advisor (Texas A&M)
Wayne Nesbitt, Dissertation committee member (Michigan State University)
Steve Utke, Dissertation committee member (University of Connecticut)
HONORS & AWARDS
Summer Instructional Development Fellowship, 2019-2020 (with Katie Metz and Bridget Stomberg)
PricewaterhouseCoopers Tax Faculty Fellow, 2015-2016
University of Georgia Research Grant, 2014
University of Texas Continuing Fellowship, 2008-2009
AAA/Deloitte/J. Michael Cook Doctoral Consortium Fellow, 2008
Ihlanfeldt Endowed Faculty Excellence Fund in Accounting Research Grant, 2008
The University of Texas McCombs School of Business Doctoral Fellowship, 2005-2009
Bonham Fund Research Grant, 2007
The University of Texas Pre-Emptive Doctoral Fellowship, 2004-2005