John Shon

• Bachelors: B.S. in Accounting, SUNY Buffalo
• Masters: MBA in Finance, University of Chicago
• PhD: Accounting, University of Chicago

• Sell-side analysts' behavior, analyst coverage decisions
• Negative book value of equity, liquidation/bankruptcy risk
• Auditor-client relations, auditor tenure
• Equity trading strategies and anomalies; behavioral finance
• Campaign contributions; campaign finance
• Corporate voluntary disclosure behavior

• Are earnings surprises interpreted more optimistically on sunny days? Accounting information and the sunshine effect (with P. Zhou). Journal of Accounting, Auditing, and Finance, forthcoming.
• Effective controls for research in international accounting (with W. Ruland and P. Zhou). Journal of Accounting and Public Policy, 2007.

John J. Shon is an Assistant Professor of Accounting at Fordham University. He received his Ph.D. in Accounting from the University of Chicago’s Graduate School of Business, with an emphasis in corporate finance and microeconomics. In his doctoral dissertation, he examined how the earnings surprises of high-technology (e.g., biotech) companies affect the disclosure practices of such firms due to expected litigation costs under SEC Rule 10b-5.

Professor Shon’s current research interests include: (i) the impact of weather conditions on the stock market’s reaction to value-relevant information, (ii) the relation between firms’ campaign contributions and their stock returns, (iii) the potential impact that economic sanctions have on firm value, (iv) the effect of market sentiment on sell-side analysts’ credibility, (v) the relation between earnings management and the tenure of audit engagements, (vi) the cross-sectional determinants of analysts’ dropped coverage decisions, (vii) the effect of CEO compensation on the effectiveness of internal control systems, and (viii) the relation between the accruals anomaly and various growth anomalies.

Professor Shon has teaching experience at the undergraduate, MBA, Executive MBA, and International Executive MBA levels, in the U.S., Europe, and Asia. He has won multiple Excellence in Teaching awards, at the undergraduate and graduate level. Prior to joining Fordham, Professor Shon taught at Baruch College.

Professor Shon is a Certified Public Accountant and Commodity Futures Representative (Series 3). In a different life, he worked for KPMG in their Assurance practice, as well as their Risk Management Consulting practice. Professor Shon has consulted for hedge funds, biotech startup companies, and distance learning companies.