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Eric Hirst

Professor

Department:     Accounting

Additional Titles:     King Ranch Chair for Business Leadership

Research Areas:     Accounting - Financial, Financial Statement Analysis, Investor and Security Analysts Judgment and Decision Making

Eric Hirst Headshot

Biography

Hirst, D. Eric, King Ranch Chair for Business Leadership, Department of Accounting

Eric Hirst received his B.A. and M.Acc. from the University of Waterloo, Ontario, and his Ph.D. from the University of Minnesota. His research and teaching interests include financial accounting, investor and auditor judgment, and decision theory.

ACADEMIC LEADERSHIP & AWARDS

2023

McCombs School of Business Fawn & Vijay Mahajan Teaching Excellence Award for Executive Education

2006

McCombs School of Business MBA Faculty Honor Roll, 2000, 2001, 2004

2006

Joe D. Beasley Award For Teaching Excellence in the MBA Core, 1995

2004

INSEAD, Outstanding Core Teacher Award

2004

McCombs School of Business, Executive MBA in Mexico City, Outstanding Teaching Award, 2003

2003

McCombs School of Business, Research Award

Publications

Shana Clor-Proell, D. Eric Hirst, Lisa Koonce, and Nicholas Seybert. 2019. How Disaggregated Forecasts Influence Investor Response to Subsequent Earnings Announcements. Journal of Financial Reporting 4(1), 157-171.

D. Eric Hirst, Lisa Koonce, and Shankar Venkataraman. 2008. Management Earnings Forecasts: A Review and Framework. Accounting Horizons 22, 315-338.

D. Eric Hirst, Lisa Koonce, and Shankar Venkataraman. 2007. How Disaggregation Enhances the Credibility of Management Earnings Forecasts. Journal of Accounting Research 45, 811-838.

D. Eric Hirst. 2006. Discussion of “Cherry Picking, Disclosure Quality, and Comprehensive Income Reporting Choices: The Case of Property-Liability Insurers”. Contemporary Accounting Research 23(3), 693-700.

D. Eric Hirst, Christine Botosan, and Paquita Davis-Friday. 2005. Response to the FASB's Exposure Draft on Share-Based Payment, An Amendment of FASB Statements No. 123 and No. 95. Accounting Horizons 19(2), 101-114.

D. Eric Hirst and Christine Botosan. 2004. Evaluation of the IASB's Proposed Accounting and Disclosure Requirements for Share-Based Payment. Accounting Horizons 18, 65-76.

D. Eric Hirst. 2004. Evaluation of the IASB’s Proposed Accounting and Disclosure Requirements for Share-Based Payment. Accounting Horizons 18, 65-76.

D. Eric Hirst, Patrick Hopkins, and James Wahlen. 2004. Fair Values, Performance Reporting, and Bank Analysts’ Risk and Valuation Judgments. The Accounting Review 79, 454-473.

D. Eric Hirst, Hollis Ashbaugh, and Patricia M. Fairfield. 2004. Response to FASB Exposure Draft, “Accounting Changes and Error Corrections.”. Accounting Horizons 18(4), 255-262.

Christine Botosan, D. Eric Hirst, and Mohan Venkatachalam. 2003. Comments on the FASB's Proposals on Consolidating Special-Purpose Entities and Related Standard Setting Issues. Accounting Horizons 17, 161-173.

D. Eric Hirst, Kevin Jackson, and Lisa Koonce. 2003. Improving Financial Reports by Revealing the Accuracy of Prior Estimates. Contemporary Accounting Research 20, 165-193.

D. Eric Hirst and Laureen A. Maines. 2002. Recommendations on Disclosure of Nonfinancial Performance Measures. Accounting Horizons 16, 353-362.

D. Eric Hirst and Mary Lea McAnally. 2001. Cases in Financial Reporting: An Integrated Approach with an Emphasis on Earnings Quality and Persistence. Prentice Hall.

D. Eric Hirst and Patrick Hopkins. 2000. Earnings: Measurement, Disclosure and Impact on Equity Valuation.

D. Eric Hirst. 1999. The Effects of Formal Sanctions on Auditor Independence. Auditing: A Journal of Practice and Theory 18, 103-107.

D. Eric Hirst, Lisa Koonce, and Jeffrey Miller. 1999. The Joint Effect of Management's Prior Forecast Accuracy and the Form of its Financial Forecasts on Investor Judgment. Journal of Accounting Research 37, 101-124.

D. Eric Hirst and Patrick Hopkins. 1998. Comprehensive Income Reporting and Analysts' Valuation Judgments. Journal of Accounting Research 36, 47-75.

D. Eric Hirst, Lisa Koonce, and Fred Phillips. 1998. First, Know the Business. CA Magazine 131, 30-31, 40-41.

D. Eric Hirst. 1997. Commentary on Some Determinants of Analysts' Forecast Accuracy. Behavioral Research in Accounting 9, 69-75.

D. Eric Hirst and Galen Sevcik. 1996. Analyzing Income Tax Disclosures. Journal of Financial Statement Analysis 2, 74-88.

D. Eric Hirst and Lisa Koonce. 1996. Audit Analytical Procedures: A Field Investigation. Contemporary Accounting Research 13, 457-486.

D. Eric Hirst and Michael S. Schadewald. 1995. Expense Apportionment Practices of U.S. Multinationals. The International Tax Journal 21, 26-34.

D. Eric Hirst, Lisa Koonce, and Paul J. Simko. 1995. Investor Reactions to Financial Analysts' Research Reports. Journal of Accounting Research 33, 335-351.

D. Eric Hirst. 1994. Auditor Sensitivity to Earnings Management. Contemporary Accounting Research 11, 405-422.

D. Eric Hirst. 1994. Auditors' Sensitivity to Source Reliability. Journal of Accounting Research 32, 113-126.

D. Eric Hirst, Edward J. Joyce, and Michael S. Schadewald. 1994. Mental Accounting and Outcome Contiguity in Consumer Borrowing Decisions. Organizational Behavior and Human Decision Processes 58, 136-152.

Michael S. Schadewald and D. Eric Hirst. 1993. An ABC Approach to Reducing Excess Foreign Tax Credits. The International Tax Journal 19, 83-92.

D. Eric Hirst. 1992. The Effect of Accountability on Judgment: Development of Hypotheses for Auditing. Auditing: A Journal of Practice and Theory 11, 139-145.

D. Eric Hirst. 1988. Why Go After Your Ph.D.? CA Magazine 121, 44-46.

D. Eric Hirst and J. Efrim Boritz. 1986. The Human Issues in Systems Development. CA Magazine 119, 56-61.