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Photo of Balachandran, Sudhakar (Sid)

Sudhakar (Sid) Balachandran

Associate Professor, Director of MBA Graduate Studies

Department of Accounting


Building & Room:

UH 2310


601 S. Morgan St., Chicago, IL 60607

Office Phone:

(312) 996-2529



  • Associate Professor (with Tenure), University of Illinois at Chicago, Aug 2012 - present
  • Assistant Dean for Teaching Excellence, Columbia University, Graduate School of Business, Feb 2011 - Aug 2012
  • Assistant Professor, Columbia University, Graduate School of Business, July 2001 - Feb 2011

Classes Taught

  • Financial Accounting
  • Managerial Accounting

Research Interests

  • Empirical Research in Shareholder Value Management

Awards & Affiliations

  • Dean's Award for Excellence in Teaching, Columbia Business School
  • Member of Beta Gamma Sigma Management Honor Society

Selected Publications

  • “Do Voting Rights Matter: Evidence from the Adoption of Equity-Based Compensation Plans”, Contemporary Accounting Research, Forthcoming 2012, (with P. Joos and J. Weber).
  • “Using Residual Income to Refine the Relationship between Earnings Growth and Stock Returns”, Review of Accounting Studies, Forthcoming 2012, (with P. Mohanram).
  • “Is the Decline in the Value Relevance of Accounting Driven by Increased Conservatism?”, Review of Accounting Studies, 2011, (with P. Mohanram).
  • “Are CEOs Compensated for Value Destroying Growth in Earnings?”, Review of Accounting Studies, 2010, (with P. Mohanram).
  • “How Does Residual Income Affect Investment? The Role of Prior Performance Measures”, Management Science, 2006.
  • “Sink or Swim? Firms’ Responses to Underwater Options”, Journal of Management Accounting Research, 2004, (with M. Carter and L. Lynch)


Doctorate in Business Administration: Concentration in Accounting, Harvard Business School, Cambridge, MA, 1995 -2001
Masters of Business Administration, J.L. Kellogg Graduate School of Management, Evanston, Illinois, 1988-1990
BS in Engineering, Northwestern University, Evanston, Illinois, 1983 - 1987