Chair of Financial Accounting

Thank you for visiting our website. We are excited to share our research and insights with you. We research and teach in the areas of accounting, financial analysis, and business valuation. Our focus is particularly on the role of financial information in investment decisions. We use state-of-the-art empirical methods to gain new insights for financial analysis and help stakeholders better understand how financial information guides belief formation in financial markets.

Teaching

Financial Statements
Financial Statements Analysis and Valuation
Data-Driven Decision-Making
Advanced Financial Accounting
Quantitative Methods
Automated Textual Analysis

Areas of Expertise

Earnings
Financial News Dynamics
Machine Learning and Latent Construct Measurement
Financial Statement Analysis
Fundamental Analysis
Valuation

Working Papers

Working Paper

Competition Between Social Media Analysts and Coverage Quality

with Jeroen Koenraadt (2024)

Working Paper

Uncertain Earnings Betas

with Matthias Breuer and Atif Ellahie (2023)

Working Paper

Segmentation in the Financial News Market - Measurement and Application

Single authored (2020)

Working Paper

Competition Between Social Media Analysts and Coverage Quality

with Jeroen Koenraadt (2024)

Working Paper

Uncertain Earnings Betas

with Matthias Breuer and Atif Ellahie (2023)

Working Paper

Segmentation in the Financial News Market - Measurement and Application

Single authored (2020)

Management Science

Technological changes and countries' tax policy design

Brühne, A., Jacob, M., Schütt, H. (2025), Technological changes and countries' tax policy design: evidence from anti-tax avoidance rules, Management Science, Vol. 71 (3), pp. 2192-2215.

The Accounting Review

Forecasting Earnings Using k-Nearest Neighbors Classification

Easton, P. D., Kapons, M. M., Monahan, S. J., Schütt, H., Weisbrod, E. H. (2024), Forecasting earnings using k-nearest neighbors, Accounting Review, Vol. 99 (3), pp. 115-140.

Journal of Financial Reporting

What Can Bayesian Inference Do for Accounting Research?

Schütt, H. (2023), What can Bayesian inference do for accounting research?, Journal of Financial Reporting, Vol. 8 (2), pp. 157-174.

Review of Accounting Studies

Accounting for uncertainty: an application of Bayesian methods to accruals models

Breuer, M., Schütt, H. (2023), Accounting for uncertainty: an application of Bayesian methods to accruals models, Review of Accounting Studies, Vol. 28 (2), pp. 726-768.

European Accounting Review

Firm valuation and the uncertainty of future tax avoidance

Jacob, M., Schütt, H. (2019), Firm valuation and the uncertainty of future tax avoidance, European Accounting Review, Vol. 29 (3), pp. 409-435.

KoR : Zeitschrift für internationale und kapitalmarktorientierte Rechnungslegung ; IFRS

Informationsverarbeitung an Finanzmärkten im Umbruch

Menacher, J., Schütt, H., Sellhorn, T. (2017), Informationsverarbeitung an Finanzmärkten im Umbruch: zwischen Informationsflut und automatisierter Datenanalyse, KoR : Zeitschrift für internationale und kapitalmarktorientierte Rechnungslegung ; IFRS, Vol. 17 (5), pp. 217-224.

Journal of Corporate Finance

Informationsverarbeitung an Finanzmärkten im Umbruch

Journal of Corporate Finance

Does going private add value through operating improvements?

Ayash, B., Schütt, H. (2016), Does going private add value through operating improvements?, Journal of Corporate Finance, Vol. 40, pp. 192-215.

Journal of Corporate Finance, Vol 40, pp. 192-215.

Does Going Private Add Value through Operating Improvements?

with Brian Ayash (2016)

Journal of Corporate Finance, Vol 40, pp. 192-215.

Does Going Private Add Value through Operating Improvements?

with Brian Ayash (2016)