Jens Stephan

Jens Stephan

Professor of Accounting

Accounting and Finance

406 Owen


[email protected]


  • Ph.D. Cornell University
  • MBA Penn State University
  • BSME University of Michigan

Professional Summary

Professor Stephan has taught financial and managerial accounting at the undergraduate and MBA levels. His research interests are in the financial reporting and valuation areas, specifically, in how accounting information gets impounded into stock prices in the capital markets. Professor Stephan has published in the leading accounting and finance journals such as The Accounting Review, the Journal of Accounting Research, and the Journal of Finance.

Courses Taught

  • ACC 240 Financial Accounting
  • ACC 241 Managerial Accounting
  • Financial Analysis and Valuation

Research Interests & Projects

Capital Markets, Financial Reporting, Valuation

Selected Publications

Easterday, K., Sen, P., & Stephan, J. 2011. Another Specification of Ohlson's "Other Information" Term for the Returns/Earnings Association: Theory and Some Evidence. Journal of Business, Finance and Accounting

Clark, V., Reed, M., & Stephan, J.. (2010), Capital Budgeting: The Next Generation: Visualizing Risk and Uncertainty Using Monte Carlo Simulation. Management Accounting Quarterly.

Mindak, M., Ricketts, J., & Stephan, J. (2009). The Goldilocks Approach to Budgeting: Not Too High, Not Too Low, But Just Right. CMA Management.

Easterday, K., Sen, P., & Stephan, J. (2009). The Persistence of the Small Firm/January Effect: Is It Consistent With Investors' Learning and Arbitrage Efforts? Quarterly Review of Economics and Finance.

Burns, D., Sale, J. Timothy, & Stephan, J. (2008). A Better Way to Gauge Profitability: Systematic Ratio Analysis Using the Advanced DuPont Model. Journal of Accountancy.