Faculty Profile

Dr. Stephen Brown
Assistant Professor
4333Q Van Munching Hall
Phone:
301-405-0570
E-mail:
sbrown@rhsmith.umd.edu
Ph.D., Accounting & Information Systems, Northwestern University
Dr. Stephen Brown joined the AIA faculty as an assistant professor in Fall
2008. He holds a doctorate in accounting from Northwestern University and a
Masters degree in Engineering Science and Economics from the University of
Oxford in the UK. He is a Chartered Accountant and prior to entering academia,
he worked for Arthur Andersen in both the audit and tax divisions. Stephen’s
research focuses on the causes and effects of disclosures by management on the
capital market. Stephen’s doctoral dissertation examined assumptions made by
firms in the computation of their pension obligations and the way in which the
capital markets interpret the resulting values reported in the financial
statements. Subsequent work has examined the extent to which firms can reduce
information asymmetry in the market for their stock by their disclosure
policies. His work has been published in leading accounting journals.
During 2007-08, Stephen served as an academic fellow in the Office of the
Chief Accountant at the Securities and Exchange Commission. Before that, he was
on the faculty of Goizueta Business School at Emory University in Atlanta.