Rebecca Hann

About

Rebecca Hann is the Dean’s Professor of Accounting at the Robert H. Smith School of Business at the University of Maryland, where she also serves as the Associate Dean of Research and Doctoral Programs. Her research examines how disclosure and information frictions influence economic decisions and the allocation of resources across capital and labor markets. Her recent work focuses on the intersection of accounting and labor economics, with particular emphasis on human capital in the accounting profession and the effects of technological change on skill development and talent acquisition. She has been published in leading journals such as The Accounting Review, Contemporary Accounting Research, Journal of Accounting and Economics, Journal of Accounting Research, Journal of Finance, Management Science, and Review of Accounting Studies. Hann has also been appointed as an Editor of The Accounting Review. Recognized as an award-winning teacher, she has taught across undergraduate, MBA, EMBA, and PhD programs, receiving numerous teaching awards including the Distinguished Teaching Award, the Most Effective Core Professor Award, and the Krowe Award for Teaching Excellence. She has mentored over a dozen doctoral students who now hold faculty positions worldwide, and has received accolades such as the American Accounting Association’s Best Dissertation Supervision Award and the Smith PhD Program Faculty Mentor of the Year Award. Hann earned her PhD from the Wharton School of the…

Research topics

• Business
• Monetary economics
• Finance
• Political Science
• Accounting
• Economics
• Labour economics
• Law
• Psychology
• Industrial organization

Selected publications

• Corporate Diversification and the Cost of Capital

  The Journal of Finance · 2013-05-20 · 325 citations

  article1st authorCorresponding

  ABSTRACT We examine whether organizational form matters for a firm's cost of capital. Contrary to the conventional view, we argue that coinsurance among a firm's business units can reduce systematic risk through the avoidance of countercyclical deadweight costs. We find that diversified firms have, on average, a lower cost of capital than comparable portfolios of stand‐alone firms. In addition, diversified firms with less correlated segment cash flows have a lower cost of capital, consistent wit…

  PublisherDOI

• Aggregate earnings surprises, monetary policy, and stock returns

  Journal of Accounting and Economics · 2016-05-04 · 120 citations

  articleCorresponding
  PublisherDOI

• An Empirical Analysis of Analysts' Capital Expenditure Forecasts: Evidence from Corporate Investment Efficiency*

  Contemporary Accounting Research · 2020 · 99 citations

  ABSTRACT We examine whether the information conveyed in a relatively new analyst research output—capital expenditure (capex) forecasts—affects corporate investment efficiency. We find that firms with analyst capex forecasts exhibit higher investment efficiency. This effect is stronger when the forecasts are issued by analysts with higher ability or greater industry knowledge. Moreover, the effect of capex forecasts on investment efficiency varies with the signals they convey about future growth…

  PublisherDOI

• Intra-industry information transfers: evidence from changes in implied volatility around earnings announcements

  Review of Accounting Studies · 2019-02-28 · 69 citations

  article1st authorCorresponding
  PublisherDOI

• Another Look at the Macroeconomic Information Content of Aggregate Earnings: Evidence from the Labor Market

  The Accounting Review · 2020 · 39 citations

  1st authorCorresponding

  ABSTRACT We examine the macroeconomic information content of aggregate earnings from the labor market's perspective. We use insights from the labor economics literature to characterize the information contained in aggregate GAAP earnings and its components that is relevant for predicting aggregate job creation and destruction. Our results suggest that not only does aggregate earnings news convey information about future labor market aggregates, but its information content is incremental to other…

  PublisherDOI

Frequent coauthors

• Yue Zheng

  14 shared

• Philip G. Berger

  8 shared

• Lindsey A. Gallo

  University of Michigan–Ann Arbor

  8 shared

• Maria Ogneva

  8 shared

• Hee‐Dong Kim

  6 shared

• K.R. Subramanyam

  University of Southern California

  6 shared

• Yvonne Y. Lu

  Lehigh University

  6 shared

• Congcong Li

  Duquesne University

  5 shared

Awards & honors

• Distinguished Scholar-Teacher, University of Maryland (2022)
• Outstanding Paper, IAS Mid-year Meeting, American Accounting…
• Excellence in Refereeing Award, Journal of Accounting Resear…
• The Most Effective Core Professor Award, Robert H. Smith Sch…
• The Allen J. Krowe Award for Teaching Excellence, Robert H.…

Similar researchers at University of Maryland, College Park

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