Alex Dontoh

About

Alex K. Dontoh is a Professor of Accounting at the Leonard N. Stern School of Business, New York University, where he has been a faculty member since 1988. He holds a Ph.D. in Accounting from New York University, an M.B.A. in Accounting/Finance from the University of California, Berkeley, and a B.Sc. in Business Administration from the University of Ghana. Professor Dontoh is the Director of the Master of Science in Accounting program and oversees the development of the undergraduate curriculum in accounting, which has been consistently rated in the top 10 accounting programs in the country. His research focuses on the analytical aspects of the economics of information, investigating both analytical and empirical issues in accounting related to the effects of mandated and discretionary accounting disclosures, their impact on managerial decision-making, and firm market value. Professor Dontoh has published numerous articles in leading journals such as The Accounting Review, Contemporary Accounting Research, and Review of Accounting Studies. He teaches Managerial and Financial Accounting primarily in the undergraduate program at Stern.

Research topics

• Finance
• Business
• Economics
• Financial system
• Monetary economics
• Physics
• Art
• Economic growth
• Market economy
• Actuarial science

Selected publications

• Information Content of Accounting Announcements.

  The Accounting Review · 1993-10-01 · 65 citations

  article1st authorCorresponding

  Abstract The efficient market hypothesis (EMH) has spawned a large and impressive body of "event studies." Conditional on the maintained hypothesis of market efficiency, these studies test the "information content" of events such as accounting earnings releases (Fama 1991). However, the notion of "information content" of accounting earnings has not been formally defined, except implicitly--via the way it is calibrated in event studies--as percent price change (risk and size adjusted) associated…

  PublisherDOI

• Retained ownership and the valuation of initial public offerings: Canadian evidence*

  Contemporary Accounting Research · 1991-09-01 · 45 citations

  article

  Abstract. Recent empirical work by Krinsky and Rotenberg (KR) (1989a, b) suggests that the relationship between entrepreneurial ownership retention and initial valuation of unseasoned common shares may not hold in the Canadian environment. In this study, we replicate and extend KR's tests on our more recent Canadian sample of 180 IPOs that listed on the TSE between 1984 and 1987. We find empirical evidence that initial valuation is increasing in the ownership retention signal (α), even when rete…

  PublisherDOI

• On the Rationality of the Post-Announcement Drift

  Review of Accounting Studies · 2003-03-01 · 40 citations

  article1st authorCorresponding
  PublisherDOI

• Is stock price a good measure for assessing value-relevance of earnings? An empirical test

  Review of Managerial Science · 2007-03-26 · 38 citations

  article1st authorCorresponding
  PublisherDOI

• The Declining Value Relevance of Accounting Information and Non-Information-Based Trading: An Empirical Analysis

  SSRN Electronic Journal · 2000-01-01 · 33 citations

  articleOpen access1st authorCorresponding
  PublisherDOI

Frequent coauthors

• Joshua Ronen

  New York University

  13 shared

• Bharat Sarath

  7 shared

• Tavy Ronen

  Rutgers, The State University of New Jersey

  7 shared

• Fayez A. Elayan

  Brock University

  5 shared

• Michael J. Gift

  City University of Macau

  4 shared

• Gordon D. Richardson

  3 shared

• Suresh Radhakrishnan

  3 shared

• Rowland K. Atiase

  The University of Texas at Austin

  3 shared

Similar researchers at New York University

• Stephen Ryanh-46
• Eli Bartovh-38