Photo of Mikhail, Michael

Michael Mikhail, PhD

Dean Emeritus and Professor

Department of Accounting

Contact

Building & Room:

UH 2333

Address:

601 S. Morgan St., Chicago, IL 60607

Related Sites:

About

Michael Mikhail is Dean Emeritus and Professor of Accounting at the University of Illinois Chicago, where he served as Dean of the College of Business Administration from 2012 to 2022. A University of Chicago-trained accounting scholar, he has held faculty positions at MIT Sloan, Duke's Fuqua School, and Arizona State's W.P. Carey School of Business — bringing to UIC a depth of institutional leadership experience that is rare in academic accounting.
As Dean, he transformed the College of Business Administration — growing enrollment by over 65%, raising UIC Business's research ranking from 128th to 58th nationally, launching the Business Scholars and Cohort programs, creating the Business Career Center, and introducing multiple new degree programs including specialized masters in Finance, Business Analytics, and Marketing. His leadership philosophy consistently centered student success, faculty excellence, and access for underrepresented students.
His research on security analyst behavior, earnings quality, and capital markets has accumulated over 4,600 Google Scholar citations, with publications in the Journal of Financial Economics, The Accounting Review, Journal of Accounting Research, and Journal of Accounting and Economics.

 

Selected Publications

  • Mikhail, M., B. Walther and R. Willis. “Do Security Analysts Improve Their Performance with Experience?” Journal of Accounting Research, Vol. 35 Supplement 1997, Pages 131-157.
  • Mikhail, M., B. Walther and R. Willis. “Does Forecast Accuracy Matter to Security Analysts?” The Accounting Review, Vol. 74, No. 2, April 1999, Pages 185-200.
  • Mikhail, M., B. Walther and R. Willis. “The Effect of Experience on Security Analyst Underreaction.” Journal of Accounting & Economics, Vol. 35, April 2003, pages 101-116.
  • Mikhail, M., B. Walther and R. Willis. “Reactions to Dividend Changes Conditional on Earnings Quality.” Journal of Accounting, Auditing & Finance, Vol. 18, Winter 2003, Pages 121-151.
  • Mikhail, M., B. Walther and R. Willis. “Security Analyst Experience and Post-Earnings-Announcement Drift.” Journal of Accounting, Auditing and Finance, Vol. 18, Fall 2003, Pages 529-550.
  • Mikhail, M., B. Walther and R. Willis. “Earnings Surprises and the Cost of Equity Capital.”  Journal of Accounting, Auditing and Finance, Vol. 19, Fall 2004, Pages 491-514.
  • Mikhail, M., B. Walther and R. Willis. “Do Security Analysts Exhibit Persistent Differences in Stock Picking Ability?” Journal of Financial Economics, Vol. 74, October 2004, Pages 67-91. (Synopsis included in The CFA Digest, Vol. 35, No. 2, May 2005: 29-30).
  • Asquith, P., M. Mikhail and A. Au. “Information Content of Equity Analyst Reports.” Journal of Financial Economics, Vol. 75, February 2005, Pages 245-282. Lead article. (Synopsis included in The CFA Digest, Vol. 35, No. 3, August 2005: 41-43).
  • Mikhail, M., B. Walther and R. Willis. “When Security Analysts Talk, Who Listens?” The Accounting Review, Vol. 82, No. 5, October 2007, Pages 1227-1253.
  • Christensen, D., M. Mikhail, B. Walther and L. Wellman. “From K Street to Wall Street: Political Connections and Stock Recommendations” The Accounting Review, Vol. 92, No. 3, 2017. Pages 87-112.

Notable Honors

KPMG, Professorship, ASU

Huizingh Award, Classroom Innovation, ASU

Excellence in Teaching Award, Weekend MBA Program, Duke University

Distinguished Scholar, Dean’s Council of 100 Distinguished Scholars, ASU

Education

PhD Accounting — University of Chicago (1999)
MBA Accounting and Finance — University of Chicago (1997)
MAS Accounting — University of Illinois at Urbana-Champaign (1988)
BS Computer Science — University of Illinois at Urbana-Champaign (1986)
CPA