Catherine M. Schrand Faculty Profile

Catherine M. Schrand
Associate Professor of Accounting

PhD, University of Chicago, 1994; MBA, University of Chicago, 1994; BBA, University of Michigan, 1985

Research Areas
Accounting for derivatives; effects of accounting rules on firm behavior; accounting disclosures

Academic Positions Held
Wharton: 1994-present

Other Positions
Auditor, KPMG Peat Marwick, 1986-90

Representative Publications
(with J. Core)
"The Effect of Accounting-Based Debt Covenants of Equity Valuation." Journal of Accounting and Economics (February 1999).

(with H. Unal)
"Hedging and Coordinated Risk Management: Evidence from Thrift Conversions." Journal of Finance (June 1998).

"The Association Between Stock-Price Interest Rate Sensitivity and Disclosures About Derivative Instruments." Accounting Review (January 1997).

(with C. Geczy and B. Minton)
"Why Firms Use Currency Derivatives." Journal of Finance (September 1997).