Nicholas M. Guest

Biography

Nicholas Guest is an assistant professor of accounting at the Samuel Curtis Johnson Graduate School of Management at the Cornell SC Johnson College of Business. His research focuses on the market for public firms’ financial data, especially earnings and textual disclosure.

He has two main streams of research. One examines the characteristics of the earnings, other accounting data, and text provided in firms’ disclosures. The other focuses on the users of those disclosures, especially active equity investors and financial journalists. This work has been published in leading academic journals, including The Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, Management Science, Review of Accounting Studies, and Financial Management, and has been covered by top media outlets, including The Wall Street Journal, MarketWatch, and Yahoo Finance.

Education

PhD Massachusetts Institute of Technology, 2018
MS Massachusetts Institute of Technology, 2016
MAcc Brigham Young University, Provo, 2013
BS Brigham Young University, Provo, 2013

Research

• Drake, Michael; Guest, Nicholas; Twedt, Brady. "The Media and Mispricing: The Role of the Business Press in the Pricing of Accounting Information"The Accounting Review. 89.5 (2014): 1673-1701
• Guest, Nicholas. "The Information Role of the Media in Earnings News"Journal of Accounting Research. 59.3 (2021): 1021-1076
• Guest, Nicholas; Kothari, S.; Pozen, Robert. "Why Do Large Positive Non-GAAP Earnings Adjustments Predict Abnormally High CEO Pay?"The Accounting Review. 97.6 (2022): 297-326
• Guest, Nicholas; Kothari, S.; So, Eric. "Flight to Earnings: The Role of Earnings in Periods of Capital Scarcity"Management Science. 69.8 (2023): 4908-4931
• Guest, Nicholas; Kothari, S.; Venkat, Parth. "Share repurchases on trial: Large-sample evidence on share price performance, executive compensation, and corporate investment"Financial Management. 52.1 (2023): 19-40
• Guest, Nicholas; Kim, Jaewoo. "The media response to a loss of analyst coverage"Review of Accounting Studies. 29.4 (2024): 3752-3787

Awards

• Excellence in Refereeing (2024) Journal of Accounting Research
• Teaching Honor Roll (2023) Samuel Curtis Johnson Graduate School of Management
• MIT Sloan Thesis Prize, First Place (2018) MIT Sloan
• BYU School of Accountancy Director's Award (2013) Brigham Young University
• Beta Alpha Psi "Oustanding Officer" Scholarship (2012) Brigham Young University