Joshua Livnat

Biography

Joshua Livnat is a Professor Emeritus of Accounting at New York University Stern School of Business. Professor Livnat teaches courses in e-commerce, financial statement analysis, and financial accounting.

Professor Livnat has been with NYU Stern for more than 15 years. His primary research areas include capital markets, effects of various accounting disclosure on stock prices, equity valuation, financial statement analysis, and new economy valuation issues. Professor Livnat has co-authored the bookCash Flow and Security Analysis. He has been published in many journals including Journal of Portfolio Management, Journal of Accounting Research, Journal of Accounting & Economics, The Accounting Review, Journal of Finance andFinancial Analysts Journal. In addition to his work at NYU Stern, Professor Livnat also has taught at Vanderbilt University, University of California at Berkley, Northwestern University, and Hebrew University in Israel.

Professor Livnat received his Bachelor of Science from Hebrew University in mathematics and statistics. He received his Master of Philosophy and Doctor of Philosophy from New York University.

Research Interests

Financial Accounting
Security Analysis
Relationship Between Accounting and Security Price

Courses Taught

Financial and Managerial Accounting
Financial Statement Analysis and Auditing

Academic Background

C.P.A., Licensed in the State of, 1986

Ph.D., Accounting & Quantitative, 1978
New York University

M.A., Philosophy, 1978
New York University

B.Sc., Mathematics and Statistic, 1973
Hebrew

Selected Publications

D. Hollie, J. Livnat and B. Segal (2012)
Earnings Revisions in SEC Filings from Prior Preliminary Earnings Announcements
Journal of Accounting, Auditing and Finance, 27:1, January 2012, pp.3-31.

E. Amir, I. Kama and J. Livnat (2011)
Conditional versus Unconditional Persistence of RNOA Components: Implications for Valuation
Review of Accounting Studies, 2011, 16:2, pp.302-327.

A. Lerman and J. Livnat (2010)
The New Form 8-K Disclosures
Review of Accounting Studies, 2010, 15:4, pp.752-778.

R. Feldman, S. Govindaraj, J. Livnat and B. Segal (2010)
Management's Tone Change, Post Earnings Announcement Drift and Accruals
Review of Accounting Studies, 2010, 5:4,915-953.

Jeffrey L. Callen, Joshua Livnat and Dan Segal (2009)
The Impact of Earnings on the Pricing of Credit Default Swaps
The Accounting Review, September 2009, 84:5, pp. 1363-1394.

R. Battalio, A. Lerman, J. Livnat and R. Mendenhall
Who, if anyone, reacts to accrual information?
Journal of Accounting and Economics, Forthcoming.

J. Livnat and S. Ryan
Assessing Inventory Management and Capacity Requirements Using Financial Reports
Bridging the GAAP: Recent Advances in Finance and Accounting, World Scientific Books, Forthcoming.

R. Feldman, J. Livnat and Y. Zhang
Analysts' Earnings Forecast, Recommendation and Target Price Revisions
Journal of Portfolio Management, Forthcoming.

W. Jin, J. Livnat, Y. Zhang
Option Prices Leading Equity Prices: Do Option Traders Have an Information Advantage?
Journal of Accounting Research, Forthcoming.