Faculty Directory

Professor of Accounting

Marion B. Ingersoll Professor

Education

PhD University of Washington (1998)

BA University of Hawaii (1989)

Academic Expertise

Current Research

The interaction/communication between managers and financial analysts and its effects on the information provided to the capital markets.

Positions Held

At the University of Washington since 2000

Assistant Professor, Harvard University, 1998-2000

Teaching Assistant, University of Washington, 1993-1998

Senior Auditor, Deloitte & Touche, 1989-1993

Selected Publications

1. “Implied tradeoffs of chief financial officer accounting expertise: Evidence from firm-manager matching“

   Journal Article:Bernard, D., Ge, W., Matsumoto, D., Toynbee, S., (2021). Management Science, Vol. 67(9), pp. 5301-5967.
2. “The price of being foreign: Stock market penalties associated with accounting irregularities for U.S.-listed foreign firms“

   Journal Article:Ge, W., Matsumoto, D., Wang, E., Zhang, J., (2020). Contemporary Accounting Research, Vol. 37(2), pp. 1073-1106.
3. “The effect of industry co-location on analysts’ information acquisition costs“

   Journal Article:Matsumoto, D., Jennings, J. & Lee, J., (2017). The Accounting Review, Vol. 92(6), pp. 103-127.
4. “The Effect of Manager-Specific Optimism on the Tone of Earnings Conference Calls“

   Journal Article:Davis, A., Ge, W., Matsumoto, D., and Zhang, J., (2015). Review of Accounting Studies, Vol. 20(2), pp. 639-673.
5. “Assessing methods of identifying management forecasts: CIG vs. researcher collected“

   Journal Article:Chuk E., Matsumoto, D., & Miller G., (2013). Journal of Accounting and Economics, Vol. 55(1), pp. 23-42.
6. “Do CFOs Have Styles of Their Own? An Empirical Investigation of the Effect of Individual CFOs on Accounting Practices“

   Journal Article:Ge, W., Matsumoto, D., and Zhang, J., (2011). Contemporary Accounting Research, Vol. 28(4), pp. 1141-1179.
7. “Is Silence Golden? An Empirical Analysis of Firms that Stop Giving Quarterly Earnings Guidance“

   Journal Article:Chen, S., Matsumoto, D., & Rajgopal, S., (2011). Journal of Accounting and Economics, Vol. 51(1-2), pp. 134-150.
8. “What Makes Conference Calls Useful? The Information Content of Managers’ Presentations and Analysts’ Discussion Sessions“

   Journal Article:Matsumoto, D., Pronk, M., & Roelofsen, E., (2011). The Accounting Review, Vol. 86(4), pp. 1383-1414.
9. “Meeting or Beating Analyst Forecasts in the Post-Scandals World: Changes in Stock Market Rewards and Managerial Actions“

   Journal Article:Matsumoto, D., Koh, K., & Rajgopal, S., (2008). Contemporary Accounting Research, Vol. 25(4), pp. 1067-1098.
10. “Favorable vs. Unfavorable Recommendations: The Impact on Analyst Access to Management-Provided Information“

    Journal Article:Matsumoto, D., & Chen, S., (2006). Journal of Accounting Research, Vol. 44(4), pp. 657-689.
11. “Emphasis on Proforma versus GAAP Earnings in Quarterly Press Releases: Determinants, SEC Interaction and Market Reactions“

    Journal Article:Bowen, R., Davis, A., and Matsumoto, D., (2005). The Accounting Review, Vol. 80(4), pp. 1011-1038.
12. “Managerial and Investor Responses to Disclosure Regulation: The Case of Reg FD and Conference Calls“

    Journal Article:Matsumoto, D., Bushee, B., & Miller, G., (2004). The Accounting Review, Vol. 79(3), pp. 617-643.
13. “Open versus Closed Conference Calls: The Determinants and Effects of Broadening Access to Disclosure“

    Journal Article:Matsumoto, D., Bushee, B., & Miller, G., (2003). Journal of Accounting and Economics, Vol. 34,
14. “Do Conference Calls Affect Analysts’ Forecasts“

    Journal Article:Matsumato, D., Bowen, R., & Davis, A., (2002). The Accounting Review, Vol. 77(2), pp. 285-316.
15. “Management’s Incentives to Avoid Negative Earnings Surprises“

    Journal Article:Matsumato, D., (2002). The Accounting Review, Vol. 77(3), pp. 483-514.

Honors and Awards

William A. and Helen I. Fowler Endowment for Special Achievement in Accounting (2012)

Undergraduate Professor of the Quarter for Accounting, Autumn Quarter (2008, 2010)

American Accounting Association Financial Accounting and Reporting Section Best Paper Award (2003)

Dean's Junior Faculty Research Award (2003)

American Accounting Association Competitive Manuscript Award (2000)

American Accounting Association Doctoral Consortium Fellow (1996)

Deloitte & Touche Foundation Doctoral Fellowship (1995)

University of Washington Dean Achievement Award (1994)

Elijah Watt Sells Certificate of Distinction (1989)