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Mozaffar Khan

Honeywell Professorship in Accounting
Accounting Department


  • PhD 2005
    University of Toronto


  • Accounting-based quantitative equity investment strategies; business and securities valuation.

Mozaffar Khan is the Honeywell Professor of Accounting.  He is an expert in quantitative equity investment strategies, and securities and business valuation. His research has been published in a variety of leading academic journals, and cited in media outlets such as The Wall Street Journal and The New York Times. His work with Leonid Kogan and George Serafeim on the stock price impact of mutual fund trading pressure has been recognized with a Whitebox Prize Runner-up award.  Professor Khan has consulted for large investment firms, and teaches in the doctoral and executive programs at Carlson.

From 2014 to 2016 he served at Harvard University where he was the James M. Collins Visiting Associate Professor of Business Administration and taught in the MBA Required Curriculum at HBS.  From 2005 to 2010 he was an Assistant Professor of Management at MIT where he taught in the MBA core and elective programs at the Sloan School of Management.  Professor Khan holds a PhD from the University of Toronto, and since 2009 has served as Associate Editor of the Journal of Accounting and Economics.

In his spare time Mo enjoys history, movies, and running.

Selected Works

  • Institutional Ownership and Corporate Tax Avoidance. 2016. Forthcoming, The Accounting Review. With Suraj Srinivasan and Liang Tan
  • Further Evidence on Consequences of Debt Covenant Violations. 2016. Conditionally accepted, Contemporary Accounting Research. With Yu Gao and Liang Tan.
  • Corporate Sustainability: First Evidence on Materiality. 2016. Forthcoming, The Accounting Review. With George Serafeim and Aaron Yoon.
  • Labor Unemployment Insurance and Earnings Management. 2015. Journal of Accounting and Economics 61, 166-184. With Yiwei Dou and Youli Zou.
  • The Capital Purchase Program and Subsequent Bank SEOs. 2015. Journal of Financial Stability 18, 91-105. With Dushyantkumar Vyas.
  • Do Short Sellers Front-Run Insider Sales? 2013. The Accounting Review, 88, 1743-1768. With Hai Lu.
  • Accounting Quality, Stock Price Delay and Future Stock Returns. 2013. Contemporary Accounting Research 30, 269-295. With Jeffrey Callen and Hai Lu.
  • Mutual Fund Trading Pressure: Firm-level Stock Price Impact and Timing of SEOs. 2012. Journal of Finance 57, 1371-1395. With Leonid Kogan and George Serafeim. 2013 Whitebox Prize - Runner Up $5000 award for the best published contribution to the art and science of investing
  • A Simple Model relating Accruals to Risk, and its Implications for the Accrual Anomaly. 2012. Journal of Business Finance and Accounting 39, 35-59.
  • Estimation and Empirical Properties of a Firm-Year Measure of Accounting Conservatism. 2009. Journal of Accounting and Economics 48, 132-150. With Ross L. Watts.
  • Are Accruals Mispriced? Evidence from Tests of an Intertemporal Capital Asset Pricing Model. 2008. Journal of Accounting and Economics 45, 55-77.
  • Conceptual Foundations of Capital Market Anomalies. 2011. Chapter 1 in Handbook of Investment Anomalies. Len Zacks, ed. Wiley.