Sudhakar (Sid) Balachandran, PhD
Associate Professor
Department of Accounting
Contact
Building & Room:
UH 2310
Address:
601 S. Morgan St., Chicago, IL 60607
Email:
CV Link:
Related Sites:
About
Sudhakar (Sid) Balachandran is a tenured Associate Professor of Accounting and Director of the MBA Program at the University of Illinois Chicago. A Harvard Business School doctoral graduate, his research spans residual income, executive compensation, corporate governance, earnings quality, and cost management — with publications in Management Science, Review of Accounting Studies, Contemporary Accounting Research, and the Journal of Management Accounting Research.
Before joining UIC, Professor Balachandran spent a decade at Columbia Business School, where he held the position of Assistant Dean for Teaching Excellence, developed and directed multiple executive education programs, and earned the Dean's Award for Excellence in Teaching. He has also taught at INSEAD and the Kellogg Graduate School of Management, and has written cases and opinion pieces published by Harvard Business School Press, Columbia Case Works, Forbes, and the Financial Times. His professional background spans management consulting at Ernst & Young and Arthur Andersen, and internal consulting leadership at Baxter Healthcare — giving him a rare ability to connect accounting theory to real-world corporate strategy, cost management, and organizational performance. Assistant Dean for Teaching Excellence, Columbia Business School (2011–2012) — led teaching quality initiatives across one of the world's premier MBA programs. Program Director, Columbia Business School Executive Education — designed and delivered programs for Pernod Ricard USA, NYSE Corporate Directors, and senior finance and marketing executives across industries.
Before joining UIC, Professor Balachandran spent a decade at Columbia Business School, where he held the position of Assistant Dean for Teaching Excellence, developed and directed multiple executive education programs, and earned the Dean's Award for Excellence in Teaching. He has also taught at INSEAD and the Kellogg Graduate School of Management, and has written cases and opinion pieces published by Harvard Business School Press, Columbia Case Works, Forbes, and the Financial Times. His professional background spans management consulting at Ernst & Young and Arthur Andersen, and internal consulting leadership at Baxter Healthcare — giving him a rare ability to connect accounting theory to real-world corporate strategy, cost management, and organizational performance. Assistant Dean for Teaching Excellence, Columbia Business School (2011–2012) — led teaching quality initiatives across one of the world's premier MBA programs. Program Director, Columbia Business School Executive Education — designed and delivered programs for Pernod Ricard USA, NYSE Corporate Directors, and senior finance and marketing executives across industries.
Selected Publications
- Balachandran, S., Joos, P., & Weber, J. (2012). Do voting rights matter: Evidence from the adoption of equity-based compensation plans. Contemporary Accounting Research.
- Balachandran, S., & Mohanram, P. (2012). Using residual income to refine the relationship between earnings growth and stock returns. Review of Accounting Studies.
- Balachandran, S., & Mohanram, P. (2011). Is the decline in the value relevance of accounting driven by increased conservatism? Review of Accounting Studies.
- Balachandran, S., & Mohanram, P. (2010). Are CEOs compensated for value destroying growth in earnings? Review of Accounting Studies.
- Balachandran, S. (2006). How does residual income affect investment? The role of prior performance measures. Management Science.
- Balachandran, S., Carter, M., & Lynch, L. (2004). Sink or swim? Firms’ responses to underwater options. Journal of Management Accounting Research.
Notable Honors
2001-2011, SOM Millestein center research award, Yale University
2001-2011, Dean's award for excellence in teaching, Columbia University
2001-2011, Chazen institute award for international research, Columbia University
2001-2011, Lang center award for in research, Columbia University
Education
Ph.D. in Business Administration (Concentration in Accounting) — Harvard Business School
MBA (with Highest Distinction) — J.L. Kellogg Graduate School of Management, Northwestern University
BS Industrial Engineering — Northwestern University
Selected Presentations
- Harvard University
- Yale University
- Great Lakes Institute of Management | Chennai & Gurgaon, India
- Accounting Design Project | Columbia University
- JAAF India Research Conference & Indian School of Business Annual Conference
- North Carolina State University
Research Currently in Progress
- “Tone in voluntary disclosure.” Co-authored with J. Pathak, S. K. Shivaramakrishnan, and R. Zufrov. (Under First Round Review at Journal of Business Finance and Accounting)
- “The Strategy of Risk: Executive Compensation Design and Catastrophic Risk-taking in the Global Financial Crisis.” Co-authored with B. Kogut and H. Harnal. (Updating for Resubmission to Strategic Management Journal)
- “Does Enhanced Board Oversight of Related Party Transactions Decrease the Cost of Debt?” Co-authored with H. Manchiraju, S. Mishra, and S. Rajput. (Preparing Draft for Submission)