Steve Monahan is an Assistant Professor of Accounting at INSEAD, which he joined in September of 2003. Prior to joining INSEAD he was a member of the University of Chicago faculty. He received his Ph.D. in Accounting from the Kenan-Flagler Business School at the University of North Carolina, a Masters of Accounting from the University of Iowa, and a Bachelors of Science in Economics from the University of Northern Iowa. He successfully completed the CPA exam, and served as a compensation and benefits consultant in the tax division of Arthur Andersen before pursuing his Ph.D.

Professor Monahan's research focuses on two related issues: (1) the role of accounting and non-accounting information in the fundamental analysis process, and (2) the economic causes and consequences of alternative disclosure policies/regimes. He has conducted a number of studies in these areas and published articles in leading academic journals. He is a member of the editorial board of the Journal of Accounting Research and serves as an ad-hoc referee for a number of leading academic journals.

Steve's leisure activities include dining with friends, reading, jogging, and the occasional glass of Calvados.

The Economic Causes and Consequences of Firms' Disclosure Choices; Role of Accounting and Non-accounting Data in the Fundamental Analysis Process.

Financial Statement Analysis with emphasis on complex transactions including: mergers and acquisitions; leveraged recapitalizations and buyouts; Special Purpose Entities; Pensions; Hybrid Securities; Derivatives.

Banking and Insurance