About

Eli Bartov is a Professor of Accounting at New York University's Leonard N. Stern School of Business. He joined Stern in 1992 and holds a Ph.D. from UC Berkeley obtained in 1989. Professor Bartov is an internationally recognized scholar and an award-winning researcher and educator. His research focuses on financial reporting, executive compensation, the role of social media in the capital market, forensic accounting, stock price formation, mergers and acquisitions, and various aspects of equity valuation and trading strategies. He has published widely in leading academic journals on both theoretical and empirical subjects, and his research was honored with the 2022 AAA/AICPA Notable Contributions to Accounting Literature award. Professor Bartov has contributed to the field through his work on topics such as accounting fraud, earnings management, and the impact of social media on financial markets. He has served as the coordinator of the Accounting Ph.D. Program from 2001 to 2010 and has taught a variety of courses at the MBA, EMBA, Custom Executive Education, and Ph.D. levels. Recognized for his teaching excellence, he received the 2010 Excellence in Teaching award and multiple 'Great Professor' awards from the NYU Stern Executive MBA program. Professor Bartov has also been invited to lecture internationally on topics including executive compensation, stock options, earnings management, and equity valuation, and has testified in legal cases related to financial reporting and securities fraud.

Research topics

• Computer Science
• Accounting
• Business
• Economics
• Political Science
• Financial economics
• Finance
• Microeconomics
• Actuarial science
• Public relations
• Financial system
• World Wide Web

Selected publications

• Information Spillovers from Earnings Announcements: Evidence from Economically Related Firms

  SSRN Electronic Journal · 2026-01-01

  preprintOpen access1st authorCorresponding
  PublisherDOI

• Trust, Corporate Social Responsibility, and the Market Pricing of Corporate Earnings

  European Accounting Review · 2025-10-13

  article1st author
  PublisherDOI

• Trust, Corporate Social Responsibility, and the Market Pricing of Corporate Earnings

  SSRN Electronic Journal · 2025-01-01

  preprintOpen accessSenior author
  PublisherDOI

• Analysts' use of qualitative forward-looking earnings information

  SSRN Electronic Journal · 2024-01-01

  preprintOpen access
  PublisherDOI

• <scp>CEO</scp> compensation convexity and meeting‐or‐just‐beat earnings forecast

  Accounting and Finance · 2024-04-10 · 4 citations

  article1st author

  Abstract A line of research documents that corporate executives' compensation convexity relates to earnings management, the issuance of management earnings forecasts and firms' investing and financing decisions. Another stream of research demonstrates that executives manage earnings expectations downward to beatable levels. We bridge these lines of research by investigating how CEO compensation convexity affects expectation management, an important earnings reporting strategy. We hypothesise and find that compensation convexity plays an important role in inducing CEOs to adopt a meet‐or‐just‐beat earnings reporting strategy, which is implemented by downward expectation management.

  PublisherDOI

• The Role of Social Media in the Corporate Bond Market: Evidence from Twitter

  Management Science · 2022 · 37 citations

  1st authorCorresponding
  • Computer Science
  • Business
  • Accounting

  Prior studies document the role social media information plays in the stock market and the important dissimilarities between the bond and stock markets. Bridging these two types of literature, we examine the role of social media information in the corporate bond market. Analyzing a broad sample of messages by Twitter individual users, posted just prior to earnings announcements, containing bond, credit risk, and fundamental information, we find that aggregate Twitter opinion (OPI) predicts upcoming announcement bond returns and changes in credit default swap (CDS) spreads, and is associated with future changes in bond yield spreads and credit ratings, thereby providing economically important information to the bond market. This interpretation is bolstered by results from a variety of cross-sectional analyses. Finally, we document an association between OPI and future changes in default risk, which casts light on the nature of the Twitter information underlying our findings. Overall, our findings demonstrate that Twitter appears to disseminate potentially economically important information to even the presumably sophisticated bond and CDS investors, as well as information intermediaries. This paper was accepted by Suraj Srinivasan, accounting. Funding: P. Mohanram acknowledges financial support from the Social Sciences and Humanities Research Council (SSHRC) of Canada. Supplemental Material: The data files and online appendix are available at https://doi.org/10.1287/mnsc.2022.4589 .

  PublisherOA PDFDOI

• The Role of Social Media in the Corporate Bond Market: Evidence from Twitter

  SSRN Electronic Journal · 2022-01-01 · 12 citations

  articleOpen access1st authorCorresponding
  PublisherDOI

• Overbidding in Mergers and Acquisitions: The Accounting Effect

  The Accounting Review · 2021-05-01

  article
  Publisher

• Corporate Social Responsibility and the Market Reaction to Negative Events: Evidence from Inadvertent and Fraudulent Restatement Announcements

  The Accounting Review · 2020 · 130 citations

  1st authorCorresponding
  • Computer Science
  • Political Science
  • Business

  ABSTRACT We advance a theory asserting that CSR performance may exacerbate, not necessarily moderate, a company's negative stock price response to negative events. In testing this theory, we hypothesize and find that CSR performance alleviates (magnifies) the immediate negative stock price response to inadvertent (fraudulent) restatement announcements, and that these findings are robust to specifications that consider alternative CSR measures and a multitude of control variables shown by prior research to have explanatory power for the cross-sectional variation in stock returns. Overall, using restatement announcements as a channel through which CSR performance may affect company value, we show, in contrast to prior research, that depending on management conduct leading to the restatement, a company's CSR performance may destroy, not necessarily enhance, firm value. Our findings may, thus, inform researchers, market participants, and regulators. Data Availability: The data used in this study are publicly available from sources indicated in the text.

  PublisherDOI

• Overbidding in Mergers and Acquisitions: An Accounting Perspective

  The Accounting Review · 2020 · 37 citations

  1st authorCorresponding
  • Accounting
  • Business
  • Economics

  ABSTRACT Does accounting regime play a role in the well-documented phenomenon of overbidding in M&amp;As? The 2001 regulatory change from a goodwill amortization to a non-amortization regime (SFAS 142) affords us a quasi-experimental setting for testing the consequences of M&amp;A accounting rules for acquirers' bidding decisions. Relying on a novel approach to modeling optimal bidding, our primary finding indicates a significant increase in overbidding in the post-2001 period, suggesting that M&amp;A accounting has real consequences for bidding decisions, and that this result is robust to a battery of sensitivity tests. In addition, supplementary tests show that overbidding is more pronounced in pooling versus purchase transactions, and that the accounting regime's implications for overbidding and acquisition premium are distinct. Overall, our findings shed light on the role accounting plays in shaping managerial decisions—and, ultimately, shareholder wealth—in an important corporate setting. They may thus inform researchers, corporate boards, and standards setters. Data Availability: Data are available from the public sources cited in the text. JEL Classifications: G34, M41.

  PublisherDOI

Frequent coauthors

• Partha S. Mohanram

  University of Toronto

  13 shared

• Lucile Faurel

  Arizona State University

  9 shared

• Gordon M. Bodnar

  Johns Hopkins University

  8 shared

• Linda Vincent

  7 shared

• Laureen A. Maines

  PricewaterhouseCoopers (South Korea)

  7 shared

• Russell Mallett

  7 shared

• Patricia M. Fairfield

  Georgetown University

  7 shared

• D. Eric Hirst

  The University of Texas at Austin

  7 shared

Awards & honors

• Notable Contributions to Accounting Literature Award, Americ…
• Great Professor Award, Stern's Executive MBA Class of August…
• Great Professor Award, Stern's Executive MBA Class of August…
• Great Professor Award, Stern's Executive MBA Class of August…
• Great Professor Award, Stern's Executive MBA Class of August…