Shailendra (Shail) Pandit

Experience

• Associate Professor (with Tenure), University of Illinois at Chicago, 2015-present
• Assistant Professor, University of Illinois at Chicago, 2008-2015
• Visiting Assistant Professor, The Ohio State University, 2006-2008
• Assistant Professor, Tulane University, 2004-2006
• Instructor, University of Rochester, 2003

Classes Taught

• Graduate: Introduction to Financial Accounting, Intermediate Accounting, Financial Statement Analysis, Corporate Valuation
• Undergraduate: Introduction to Financial Accounting, Intermediate Accounting

Research Interests

• Financial Reporting
• Voluntary Disclosure
• Security Analysts
• Supply Chains

Articles in Peer-Reviewed Journals

• “Measuring disaggregation quality”, with Ryan Casey, Feng Gao, Michael Kirschenheiter, and Siyi Li, forthcoming in the Journal of Accounting, Auditing and Finance, 2023.
• “Firm unionization and disruptions in customer relationships”, with Gary Chen, and Scott Judd, Contemporary Accounting Research 38 (4): 2951-2981, 2021.
• “Measuring real activity management”, with Daniel Cohen, Charles Wasley and Tzachi Zach, Contemporary Accounting Research 37 (2): 1172-1198, 2020.
• “Supply chain relational capital and the bullwhip effect: An empirical analysis using financial disclosures”, with Rong Zhao, Raj Mashruwala, and Jaydeep Balakrishnan, International Journal of Operations and Production Management 39 (5): 658-689, 2019.
• “Articulation based accruals”, with Ryan Casey, Feng Gao, Michael Kirschenheiter and Siyi Li, Review of Accounting Studies 22 (1): 288-319, 2017.
• “Do Compustat financial statement data articulate?” with Ryan Casey, Feng Gao, Michael Kirschenheiter and Siyi Li, Journal of Financial Reporting 1 (1): 37-59, 2016.
• “Aggregate uncertainty and management earnings forecasts”, with Kyonghee Kim and Charles Wasley, Accounting Horizons 30 (1): 157-172, 2016.
• “Operating leases and credit assessments”, with Jennifer Altamuro, Rick Johnston and Helen Zhang, Contemporary Accounting Research 31 (2): 551-580, 2014.
•  “Equity method investments and sell-side analysts’ information environment”, with Sam Lee and Richard Willis, The Accounting Review 88 (6): 2089-2115, 2013.
• “Security analysts, cash flow forecasts, and turnover”, with Richard Willis and Ling Zhou, International Journal of Forecasting 28 (4): 874-890, 2012.
• “Information externalities in capital markets: The economic determinants of suppliers’ stock price reaction to their major customers’ information events”, with Charles Wasley and Tzachi Zach, Contemporary Accounting Research 28 (4): 1304-1343, 2011.
• “The effect of R&D inputs and outputs on the relation between the uncertainty of future operating performance and R&D expenditures”, with Charles Wasley and Tzachi Zach, Journal of Accounting Auditing & Finance 26 (1): 121-144, 2011.

Other Publications

• “Financial statement analysis and forecasting,” with Somnath Das, Chapter 6 in Equity Markets, Valuation, and Analysis, Edited by H. Kent Baker, Greg Filbeck, and Halil, Kiymaz, John Wiley & Sons, 2020.
• “Residual income valuation,” with Somnath Das, Chapter 13 in Equity Markets, Valuation, and Analysis, Edited by H. Kent Baker, Greg Filbeck, and Halil Kiymaz, John Wiley & Sons, 2020.
• “Off-balance sheet leases and credit risk,” with Jennifer Altamuro, Rick Johnston and Helen Zhang, Chapter 13 in J. Callaghan, A. Murphy and H. Qian (eds.), First International Conference on Credit Analysis and Risk Management, Cambridge Scholars Publishing, 2012.
• “Takeover strategies,” in H. Kent Baker and Halil Kiymaz (eds.), Chapter 18 in The Art of Capital Restructuring: Creating Shareholder Value Through Mergers and Acquisitions, John Wiley & Sons, Kolb Series in Finance: Essential Perspectives, 2011.
• “Corporate governance and acquisitions,” FSR Forum 11(3): 7–12, 2009. (Lead article in the Special Issue on Mergers & Acquisitions).

• Google Scholar Page
• SSRN

Editorial Service

• Member, Editorial Board, Contemporary Accounting Research.
• Member, Editorial Board, Production and Operations Management.

Ad hoc reviewer
Journal of Accounting and Economics; The Accounting Review; Review of Accounting Studies; Contemporary Accounting Research; Management Science; Accounting Horizons; Production and Operations Management; Journal of Accounting, Auditing and Finance; Journal of Accounting and Public Policy; Journal of Business, Finance and Accounting; Journal of Management Accounting Research; Journal of Contemporary Accounting and Economics; Managerial and Decision Economics; Review of Quantitative Finance and Accounting; International Journal of Production Economics.

University of Illinois Chicago (UIC)

• Member, Search Committee, Vice Chancellor for Equity and Diversity, 2024-2025.
• Fellow and Faculty Advisor, UIC Honors College, 2012-present.
• Member, Provost’s Ad Hoc Committee for Safe Learning Environments, 2022-present.
• Member, UIC Degree Program Assessment Committee, 2022-2023.
• Member, UIC International Advisory Council, 2018-present (Co-Chair, Committee on Campus Internationalization, AY 2018-2019).
• Member, UIC Senate Subcommittee on Faculty Affairs, 2015-2022 (Chair, AY 2019-2020).
• Faculty Judge, UIC Student Research Forum, 2013-2023.
• Member (Senator), UIC Senate, 2013-2016.
• Faculty Advisor, UIC Table Tennis Club, 2015-2018.

College of Business Administration (CBA)

• Chair, Faculty Activity Reporting System Committee, 2023-2024.
• Co-Chair, AACSB Accreditation Committee, College of Business Administration, 2022-2023.
• Co-organizer, UIC Accounting Research Conference, 2013-present.
• Alternate Member (Department of Accounting), CBA Executive Committee, 2016-2017.
• Member, CBA Faculty Committee on Innovation, 2015-2016.
• Member, CBA Accounting Department Ph.D. Program Committee, 2017-present.
• Faculty Mentor, UIC Business Scholars Mentoring Program, 2013-present.
• Member, CBA Accounting Department Recruiting Committee, 2015-2021.
• Member, CBA Accounting Scholarship Committee, 2013-present.
• Student Advising, CBA Accounting Department, 2008-present.

American Accounting Association (AAA)

• Faculty Leader, Doctoral Student Consortium, Journal of International Accounting Research, American Accounting Association, Taipei, Taiwan, June 2024.
• Member, Financial Accounting and Reporting Section (FARS) Best Dissertation Award Committee, 2023-2024.
• Track Chair, AAA Annual Meeting, Atlanta, GA, 2020.
• Senior Faculty Mentor, AAA New Faculty Consortium, Leesburg, VA, 2019.
• Member, Selection Committee, Distinguished Contribution to Accounting Literature Award, 2014- 2015.
• Reviewer, discussant and moderator for AAA Annual Meetings, 2006-present.
• Reviewer, discussant and moderator for Financial Accounting and Reporting Section (FARS) Midyear Meetings, 2006-present.

European Accounting Association (EAA)

• Member, Governing Board, and North America Representative, European Accounting Association, June 2024-May 2027.
• Reviewer, discussant, and moderator for EAA Annual Congress, 2010-present.

Other Service

• External evaluator of research proposals, Research Grant Council (RGC) of Hong Kong, 2017-present.
• Doctoral thesis examiner, Gujarat Technological University, Ahmedabad, India, 2023.
• Doctoral thesis examiner, Indian Institute of Technology (IIT), Roorkee, India, 2011.
• Beta Alpha Psi examiner, The Ohio State University, 2007.
• Member, Research Database Committee, Tulane University, 2004-2006.
• Coordination of recruiting and workshop activities, Tulane University, 2004-2006.

Ph.D. (Accounting, with minor in Finance), University of Rochester, 2005.
M.S. (Applied Economics), University of Rochester, 2001.
MBA (Finance), University of Indore, India, 1992.
B.Engg. (Electronics Engineering), Jiwaji University, India, 1989.

American Accounting Association
European Accounting Association

2024 3rd Global Initiative on Governance and Sustainability (GIGS) Conference, Hammamet, Tunisia (paper discussion); Journal of International Accounting Research Conference, Taipei, Taiwan (paper discussion); European Accounting Association Annual Congress, Bucharest, Romania (paper presentation); Financial Accounting and Reporting Section (FARS) Midyear Meeting, Denver, CO (paper discussion)
2023 2nd Global Initiative on Governance and Sustainability (GIGS) Conference, Hammamet, Tunisia (paper discussion); European Accounting Association Annual Congress, Helsinki, Finland (paper presentation and discussion); Haskayne-Fox Accounting Research Conference, Banff, Alberta, Canada (paper presentation and discussion)
2022 Hawaii Accounting Research Conference, Honolulu (paper presentation and discussion); Financial Accounting and Reporting Section (FARS) Midyear Meeting (paper discussion)
2021 University of Alberta; European Accounting Association Annual Congress; European Financial Management Association Annual Meeting
2020 Financial Accounting and Reporting Section (FARS) Midyear Meeting, Nashville, TN (discussion); Financial Management Association (FMA) Annual Meeting (discussion)

Working Papers

• “Determinants and shareholder valuation of indirect tax avoidance: Evidence from a quasi-natural experiment”, with Mehul Raithatha and Stephanie Sikes, revise and resubmit at the Journal of American Taxation Association.
• “Are earnings announcement delays informative for peer firms?”, with Somnath Das and Alexander King, revise and resubmit at the Journal of Business Finance and Accounting.
• “Are audit fees linear in accruals?”, with Ryan Casey, Feng Gao, Michael Kirschenheiter, and Siyi Li.
• “Information disaggregation and post-earnings announcement drift: Evidence from monthly comparable same store sales disclosures”, with Keejae Hong, and Sam Lee.