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Jonathan Black

Jonathan Black

Assistant Professor of Management



Ph.D., Accounting, University of Colorado at Boulder

BSBA, Accounting, Bucknell University

CPA, Connecticut (inactive)


"The Association between SFAS No. 157 Fair Value Hierarchy Information and Conditional Accounting Conservatism" with Jeff Chen and Marc Cussatt, The Accounting Review, 2018, Volume 93(5): 119-144.

"Legal Expertise and the Role of Litigation Risk in Firms' Conservatism Choices" with Chad Ham, Michael Kimbrough, and Ha Yoon Yee, The Accounting Review, forthcoming.

"Information Production and the Duration of Accounting Fraud" with Mattias Nilsson, Roberto Pinheiro, and Maximiliano Barbosa da Silva, Journal of Law, Finance, and Accounting, forthcoming.

"Managerial Discretion and the Comparability of Fair Value Estimates" with Jeff Chen and Marc Cussatt, Journal of Accounting and Public Policy, forthcoming.

Working Papers

"Does fair value accounting affect how banks convey information about future performance? Evidence from SFAS 115" with Thomas Godwin and David Harris

"Does organized labor influence how firms use tax savings? Evidence from the Tax Cuts and Jobs Act of 2017" with Thomas Godwin and Rick Laux

"Are Critical Audit Matters disclosures informative about future goodwill impairment?" with Benjamin Hubbard (Purdue PhD Student) and Rick Laux


2021 ATA Public Interest Paper of the Year Award

2019 AAA Midwest Regional Meeting Best Paper Award

Purdue Research Foundation International Travel Grant Award, 2019

Krannert Distinguished Teaching List, Spring 2017, Spring 2018, Spring 2019

Krannert Outstanding Teaching List, Spring 2016

AAA New Faculty Consortium Fellow, 2016

2015 AAA Western Regional Meeting Best Doctoral Student Paper

Accounting Doctoral Scholar (ADS) – American Institute of CPAs, 2010-2014

University of Colorado – Leeds School of Business Doctoral Fellowship; 2012, 2013

Leeds School of Business Doctoral Student Teaching Award, Fall 2013

Gerald Hart Doctoral Research Fellowship, 2014

  • financial report

    Legal Expertise in Top Management: Does it Lead to Conservatism in Accounting?

    Lawsuits filed in the last few years illustrate a well-founded belief in accounting circles: overstatements in financial reporting are more likely to trigger lawsuits than understatements because it's easier to show investor harm. "If a company understates, people are surprised in a good way," says Jonathan Black, assistant professor of accounting in Krannert School of Management. "The economic reality is better than the picture that was painted in the financial statements, so they are less likely to initiate a lawsuit."

    Full story: Legal Expertise in Top Management: Does it Lead to Conservatism in Accounting?

Office: RAWL 4038

Area(s) of Expertise

Disclosure Quality, Capital Markets, Shareholder Litigation, Fair Value Accounting