Scholars@Duke
Donald Pagach

Donald Pagach

Adjunct Associate in the Fuqua School of Business
Fuqua School of Business
donald.pagach@duke.edu
Box 90120, Durham, NC 27708-0120
W407 Fuqua School, Durham, NC 27704

Scholarly Works - Journal articles

An analysis of the maturity and strategic impact of investments in ERM

Journal article Journal of Accounting and Public Policy · May 1, 2015 Over the past decade, expectations for more effective oversight of risks by boards of directors have significantly increased. These expectations emanate from stock exchanges, regulators, credit rating agencies and other key stakeholders. Proponents of enha ... Full text Cite

The impact of accruals and lines of business on analysts' earnings forecast superiority

Journal article Review of Quantitative Finance and Accounting · October 1, 2012 In this paper, we examine the linkage between analyst advantage (AA) (compared to the seasonal random walk model) in the prediction of quarterly earnings-per-share (EPS) and a broad set of economic determinants. Specifically, we employ a pooled cross-secti ... Full text Cite

The Characteristics of Firms That Hire Chief Risk Officers

Journal article Journal of Risk and Insurance · March 1, 2011 We examine the characteristics of firms that adopt enterprise risk management (ERM) and find support for the hypothesis that firms adopt ERM for direct economic benefit rather than to merely comply with regulatory pressure. Using chief risk officer (CRO) h ... Full text Cite

Information conveyed in hiring announcements of senior executives overseeing enterprise-wide risk management processes

Journal article Journal of Accounting Auditing and Finance · January 1, 2008 Enterprise risk management (ERM) is the process of analyzing the portfolio of risks facing the enterprise to ensure that the combined effect of such risks is within an acceptable tolerance. While more firms are adopting ERM, little academic research exists ... Full text Cite

Diversity in analyst coverage

Journal article Journal of Applied Business Research · September 1, 2006 This paper examines the effect of infra-industry "earnings informativeness" and proprietary firm information on variation in security analyst coverage within industries. Earnings informativeness is defined as the extent to which privately developed or obta ... Cite

Utility deregulation and stranded investments

Journal article Critical Perspectives on Accounting · January 1, 2000 Electric utilities in the U.S. are moving towards full competition in the electricity market. Many utilities carry stranded investments on their balance sheets and the disposition of stranded investments is a public concern, affecting the competing interes ... Full text Cite

Information conveyed in announcements of analyst coverage

Journal article Contemporary Accounting Research · January 1, 1998 This paper examines the security market response to the announcement of sell-side analysts' decisions to initiate coverage of a firm. We examine the market reaction to the initiation announcement and the accompanying investment recommendation, by disaggreg ... Full text Cite