Judy Rayburn
3-263 Carlson School

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Judy Rayburn



  • BA 1973
    history University of Iowa

  • BA 1979
    business administration University of Iowa

  • PhD 1985
    accounting University of Iowa


  • Capital markets

Judy Rayburn received her PhD in accounting from the University of Iowa. Prior to that, she had earned degrees in history and business administration from the same school. She is an expert in capital markets and her current area of research is in accounting accruals and equity security valuation. She serves on the editorial board of the Accounting Review and has been published in the Journal of Accounting Research, Contemporary Accounting Research, and the Canadian Journal of Economics. She was the American Accounting Association President in 2005-06.

Selected Works

  • "Assessing the Impact of Export Taxes on Canadian Softwood Lumber," J. Rayburn, J. Begley, J. Hughes, and D. Runkle, Canadian Journal of Economics (1998).
  • "Stock Price Effects of U.S. Trade Policy Responses to Japanese Trading Practices in Semiconductors," J. Rayburn, J. Hughes, and S. Lenway, Canadian Journal of Economics (1997).
  • "The Impact of Earnings Announcements on the Adverse Selection Problem of Market Makers," J. Rayburn, J. Hughes, and L. Daley, Journal of Accounting Research (1995).
  • "Capital Markets Experience for Financial Accounting Students," J. Rayburn, J. Berg, J. Dickhaut, J. Hughes, and K. McCabe, Contemporary Accounting Research (1995).
  • "International Disclosure Rules and Trade Policy," J. Rayburn, F. Gigler, and J. Hughes, Contemporary Accounting Research (1994).

Current Activities

Administrative Appointments

  • Program Director, Department of Accounting, Carlson School of Management

  • Council of Liberal Education

Current Research

  • Accounting accruals and equity security valuation

Scholarly Service

  • Editorial board, Accounting Review