Having worked with and studied companies ranging in size from large multi-nationals to start-up ventures, I have seen the usefulness and the power of the information conveyed in financial statements. I want managers, investors and students to be able to take full advantage of this information.
Michael is a Senior Advisor to Lincoln’s Valuations and Opinions Group. He is a Professor of Accounting at the University of Chicago Booth School of Business, where he researches the role of accounting information in allocating investment efficiently by both managers and capital providers. His recent research focuses on understanding the role of privately held companies in the U.S. economy and how these firms use financial reporting to access, deploy and manage capital. He particularly enjoys identifying unique data and methods to empirically examine issues in a novel way.
In January 2018, Michael became a member of the Private Company Council, the primary advisory council to the Financial Accounting Standards Board (FASB) on private company issues. In this role he helps FASB understand the effects of accounting standards on private companies and helps shape new standards as they relate to private companies.
Michael assists Lincoln with the Lincoln Middle Market Index, which tracks the value of private middle market companies.
Michael received a Doctorate from the University of Michigan and a Bachelor of Science from the University of Illinois, where he graduated with highest honors.