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Faculty and Staff

Andrew J. Leone

Andrew J. Leone

Arthur P. Metzger Professor of Accounting

(305) 284-3101
Kosar Epstein 304
a.leone@miami.edu


Research Interests

  • Professor Leone is interested in economics-based empirical research on the interplay between management incentives, accounting choice, and capital markets. In addition to broad-based research in these areas, professor Leone has also conducted research focused on healthcare organizations.

Selected Publications

“A Plain English Measure of Financial Reporting Readability,” 2016, with Samuel B. Bonsall IV and Biran P. Miller, and Kristina Rennekamp, forthcoming, Journal of Accounting and Economics, 2017, Volume 63, No. 2-3, April/May.

"Measuring Qualitative Information in Capital Markets Research", with Elaine Henry, The Accounting Review, January 2016, Vol. 91, No. 1, pp. 153-178.

“Determinants and Market Consequences of Auditor Dismissals after Accounting Restatements,” 2014, with Brian Miller and Karen Hennes, The Accounting Review, May 2014, Vol. 89, No. 3, pp. 1051-1082.

“How Do Auditors Behave During Periods of Market Euphoria? The Case of Internet IPOs,” 2013, with Sarah Rice, Michael Willenborg, and Joseph Weber, Contemporary Accounting Research.

“14-Week Quarters,” 2012, with Rick Johnston, Sundaresh Ramnath, and Ya-win Yang, Journal of Accounting and Economics, Vol 53, 271-289.

“Accounting Irregularities and Management Turnover in Founder Managed Firms,” 2010, with Michelle Liu, The Accounting Review, Vol. 85, 287-314.

“The importance of distinguishing errors from irregularities in restatement research: The case of restatements and CEO/CFO turnover,” 2008, with Karen Hennes and Brian Miller, forthcoming, The Accounting Review.

“Regression-based tests of the market pricing of accounting numbers: The Mishkin Test and Ordinary Least Squares,” 2007, with Art Kraft and Charles Wasley, Journal of Accounting Research, Vol. 45, 1081-1115.

“Disclosure of intended use of proceeds and underpricing in initial public offerings,” with Steve Rock and Mike Willenborg, 2007, Journal of Accounting Research, Vol. 45, 111-153.

“Asymmetric Sensitivity of CEO Cash Compensation to Stock Returns,” with Joanna Wu and Jerry Zimmerman, 2006, Journal of Accounting and Economics, Vol. 42, 167-192.

“An Analysis of the Theories and Explanations Offered for the Mis-Pricing of Accruals and Accrual Components,” with Art Kraft and Charles Wasley, 2006, Journal of Accounting Research Vol. 44, 297-339.

“Non-financial performance measures in the healthcare industry: Do quality-based incentives matter?,” with J. Harry Evans III and Nandu Nagarajan, 2005, Advances in Management Accounting, Vol. 14, 1-31.

"How do nonprofit hospitals manage earnings?," with R. Lawrence Van Horn, 2005, Journal of Health Economics 24, 815-837.

"Abnormal returns and the regulation of nonprofit hospital sales and conversions," with R. Lawrence Van Horn and Gerald J. Wedig, 2005, Journal of Health Economics Vol. 24, 113-135.

“Performance matched discretionary accrual measures,” with SP Kothari and Charles Wasley, 2005, Journal of Accounting and Economics Vol. 39, 163-197.

“An empirical analysis of auditor reporting and its association with abnormal accruals,” with M. Butler and M. Willenborg, 2004, Journal of Accounting and Economics Vol. 37, 139-165 (Lead Article).

"Capitalization versus expensing: Evidence on the uncertainty of future earnings from current R&D investments," with SP Kothari and Ted E. Laguerre, 2002, Review of Accounting Studies, Vol 7, 355-382 (Lead Article).

“Empirical tests of budget ratcheting and its effect on managers’ discretionary accrual choices," with Steve Rock, 2002, Journal of Accounting and Economics, Vol. 33, 43-76.

"The relation between efficient risk sharing arrangements and characteristics of the firm: Evidence from the managed care industry," 2002, Journal of Management Accounting Research, Vol 14, 99-117.

"Earnings-based bonus plans and earnings management by business-unit managers," with Flora Guidry and Steve Rock, 1999, Journal of Accounting and Economics, Vol. 26, 113-141.

"Process variation as a determinant of bank performance: Evidence from the retail banking industry," with F. Frei, R. Kalakota, and L. Marx, 1999, Management Science, Vol 45 No. 9, 1210-1220.


Teaching and Professional Experience

  • Associate Professor of Accounting, Smeal College of Business, Penn State University, 2005-present
  • Associate Professor of Accounting, W.E. Simon Graduate School of Business, University of Rochester, 2003-2005
  • Visiting Assistant Professor of Accounting, University of Michigan Business School, July 2002-June 2003
  • Visiting Assistant Professor of Accounting, Graduate School of Business, University of Chicago, Spring 2001
  • Assistant Professor of Accounting, W.E. Simon Graduate School of Business, University of Rochester, 1997-2003

Degrees

  • Ph.D., Accounting, Minor in Finance, University of Pittsburgh, 1997
  • MBA, The University of New Hampshire, 1991
  • B.S., Accounting (Magna Cum Laude), Quinnipiac University, 1984

Specialties

  • Management Accounting
  • Financial Accounting
  • Healthcare

    School of Business Administration
    P.O. Box 248027, Coral Gables, Florida 33124-6520
 
 
TEL: 305-284-4643
FAX: 305-284-6526
 
GRADUATE: 305-284-2510
UNDERGRADUATE: 305-284-4641