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Aiyesha Dey

Associate Professor
Accounting Department


  • PhD 2005
    Accounting Kellogg School of Management, Northwestern University

  • MBA 1999
    Accounting and Finance IMI, New Delhi, India

  • BSc. 1996
    Mathematics University of Calcutta, India


  • Corporate Governance, Financial Reporting and Disclosures

Aiyesha Dey has been part of the Carlson Accounting department faculty since 2010, prior to which she was an Assistant Professor at the Booth School of Business, University of Chicago. She earned her bachelor's degree with honors in Mathematics in 1996, for which she received the National Scholar Award from the government of India for her performance. In 1999 she graduated with an MBA in Accounting and Finance. She continued her graduate studies at Kellogg School of Management, Northwestern University, and graduated in 2005 with a PhD in Accounting.

She conducts research in the areas of corporate governance, financial reporting and disclosures, and earnings management. She serves on the Editorial Advisory and Review Board of The Accounting Review, and is an ad hoc reviewer for several leading journals, including The Accounting Review, the Journal of Accounting Research, the Journal of Accounting and Economics, Contemporary Accounting Research, and the Review of Accounting Studies.

Selected Works

  • "Earnings Announcement Premia and Limits to Arbitrage," coauthored with Daniel Cohen, Thomas Lys and Shyam Sunder, Journal of Accounting and Economics, 2007.
  • "Trends in Earnings Management in the Pre- and Post-Sarbanes Oxley Periods," coauthored with Daniel Cohen and Thomas Lys. The Accounting Review, 2008
  • "Corporate Governance and Agency Conflicts," Journal of Accounting Research, 2008
  • "The Chilling Effect of Sarbanes Oxley: A Discussion of Sarbanes-Oxley and Corporate Risk-Taking," Journal of Accounting and Economics, 2009.
  • "CEO and Board Chair Roles: To Split or Not to Split?" Coauthored with Ellen Engel and Xiaohui Liu, Journal of Corporate Finance, 2011.
  • "Corporate Governance Reform and Executive Incentives: Implications for Investments and Risk-Taking," coauthored with Daniel A. Cohen and Thomas Z. Lys, Contemporary Accounting Research, 2012.
  • "Executives' 'Off-the-Job' Behaviors and Financial Reporting Risk," coauthored with Robert Davidson and Abbie Smith, Journal of Financial Economics, 2013.
  • "Disproportional Control Rights and the Bonding Role of Debt," coauthored with Valeri Nikolaev and Xue Wang, Management Science, 2015.
  • "CEO Frugality and Corporate Social Responsibility," coauthored with Robert Davidson and Abbie Smith, 2015.

Current Activities

Editorial Appointments

  • Editorial Advisory and Review Board, The Accounting Review