Introduction
Professor Lakshmanan Shivakumar (Shiva) is the London Business School Chaired Professor of Accounting and the Chairman of the Accounting faculty. He joined London Business School in 1996 having received a Ph.D. and MBA from Vanderbilt University and a Bachelors in Commerce degree at the University of Madras. He has a certification in Cost accounting from India. He has been a Fellow of the University of Chicago Graduate School of Business and a Visiting Scholar at the Indian School of Business, the Australian National University and the University of New South Wales.
A prolific and influential academic researcher, he has been invited to talk at universities and conferences in over 20 countries. He has published articles in several top-tier accounting and finance journals, including the Journal of Accounting and Economics, Journal of Accounting Research, Review of Accounting Studies, The Accounting Review, Journal of Finance and Journal of Financial Economics. His main research interests are in the areas of stock-return predictability, financial reporting quality and earnings management. On stock return predictability, his research has addressed issues relating to the causes of underlying price momentum and post-earnings-announcement drift anomalies. His resarch on financial reporting quality includes an examination of the role of conservatism in financial reporting, reporting quality in private companies and earnings management in firms making public equity offerings.
Professor Shivakumar is an Editor of the Review of Accounting Studies and serves (or has served) on the Editoral Board of The Accounting Review, Journal of Accounting Research and the Journal of Business Finance and Accounting, and is an associate editor of the Journal of Contemporary Accounting and Economics. He is a regular invitee to the Journal of Accounting and Economics conference, the Journal of Accounting Research conference and to the Review of Accounting Studies conference, three of the most prestigious conferences in accounting. Professor Shivakumar also consults for several bankers and consulting firms on valuation, financial analysis and investment strategies.
Shiva currently teaches courses on Financial Statement Analysis, Securities Analysis and Financial Modelling and a financial seminar for executive education participants. He has also taught courses on Financial Accounting and Corporate Finance. He consistently achieves excellent teaching ratings and was the winner of the 2011 Excellence in Teaching Award and a runner-up for the MBA 2007 Best Faculty Teaching Award and for the Excellence in Teaching Award 2010.