Ideas Made to Matter
5 forces remaking accounting
Change is afoot in accounting. MIT Sloan experts urge leaders to track ESG, artificial intelligence, blockchain, intangible capital, and “regtech.”
Oct 26, 2021
Faculty
Nemit Shroff
Support Staff
Get in Touch
Title
About
Academic Groups
Academic Area
Centers & Initiatives
Nemit Shroff is the School of Management Distinguished Professor and a Professor of Accounting at the MIT Sloan School of Management.
Shroff’s primary research interest concerns whether and why accounting disclosures such as audited financial statements, management forecasts, and press releases affect the corporate financing and investing policies of public and private companies. In addition, his research examines the reasons why corporate disclosure is regulated across the world and the economic consequences of regulating (or not regulating) disclosure. His research has been published in top accounting and finance journals and has received several awards, including the 2011 FARS Best Dissertation Award, the 2014 Competitive Manuscript Award, and the 2016 FARS Best Paper Award.
Born in India, Shroff earned his undergraduate degree from the University of Mumbai and his MBA from Amrita School of Business. He then came to the U.S. to pursue his doctoral degree at the University of Michigan.
Honors
Publications
Featured Publication
"Real Effects of PCAOB International Inspections."Shroff, Nemit. The Accounting Review Vol. 95, No. 5 (2020): 399-433. Download Paper.
Featured Publication
"Why Regulate Private Firm Disclosure and Auditing?"Minnis, Michael, and Nemit Shroff. Accounting and Business Research Vol. 47, No. 5 (2017): 473-502.
"Spillover Effects of Mandatory Portfolio Disclosures on Corporate Investment."
Sani, Jalal, Nemit Shroff, and Hal White. Journal of Accounting and Economics Vol. 76, No. 2-3 (2023): 101641.
"The Dark Side of Audit Market Competition."
Pan, Yue, Nemit Shroff, and Pengdong Zhang. Journal of Accounting and Economics Vol. 75, No. 1 (2023): 101520.
"Insights into Auditor Public Oversight Boards: Whether, How, and Why they 'Work'."
Hanlon, Michelle and Nemit Shroff. Journal of Accounting and Economics Vol. 74, No. 1 (2022): 101497. Download Paper.
"The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review."
Roychowdhury, Sugata, Nemit Shroff, and Rodrigo Verdi. Journal of Accounting and Economics Vol. 68, No. 2-3 (2019): 101246. Download Paper.
Recent Insights
Press
MIT Sloan study finds positive impact of auditor regulatory oversight
PCAOB inspection facilitates increased investment and capital raising
Aug 1, 2017
Media Highlights
Press
Source:
TechTarget
Employer power over H-1B workers could create financial risk
If visa workers were less fearful of having to leave the country they would be "more likely to blow the whistle if they observe misconduct."
Press
Source:
Harvard Law School Forum on Corporate Governance and Financial Regulation
Spillover effects of mandatory portfolio disclosures on corporate invest...
Do the SEC's portfolio disclosure requirements for mutual funds affect the investment decisions of the companies they invest in.
Press
Source:
The Washington Post (Opinion Piece)
FTX lesson no. 1: Don't fall asleep in accounting class
"The lack of a serious accounting system or even basic internal controls contributed to the company's downfall."
Press
Source:
MarketWatch (Opinion Piece)