John S. Hughes

Professor of Accounting, Ernst and Young Chair in Accounting

Phone: (310) 794-9553

jhughes@anderson.ucla.edu

Biography

John Hughes' research includes theoretical and empirical inquiries into a wide range of issues relating principally to incentive contracting, industrial organizations, and capital markets.  His publications include articles in leading accounting and economics journals including The Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, Review of Accounting Studies, Journal of Law and Economics, Rand Journal of Economics, Journal of Economic Theory, Canadian Journal of Economics, and Econometrica.

Professor Hughes’ editorial responsibilities have included appointments as associate editor of The Accounting Review, Contemporary Accounting Research, and the Journal of Accounting and Economics.  He is co-founder of the Review of Accounting Studies and its initial Editor-in-Chief. 

Before joining UCLA Anderson in 2002, Dr. Hughes had previously taught at Western New England College, Dartmouth College, Duke University, the University of British Columbia and the University of Minnesota.  His teaching awards include the 1971 Student Association Merit Award, Western New England College; the 1971/72 Good Teach Award, Krannert School of Industrial Administration; Purdue University; the Outstanding Faculty Award, by the Class of 1981, The Fuqua School of Business, Duke University; the 1988/89 and 1989/90 Teaching Excellence Award, by the Commerce Graduate Society, University of British Columbia; and the 1992/93 Teacher of the Year, by the Student Association for Accounting, Carlson School of Management, University of Minnesota.

Education

Ph.D. Financial Control, 1974, Purdue University
M.S. Accounting, 1970, University of Massachusetts
B.S. Business Administration, 1964, Northeastern University

Interests

Accounting, Capital Markets, Incentive Contracting, Industrial Organization
  • Caskey, Judson, John S. Hughes, and Jing Liu. (Forthcoming). Leverage, Excess Leverage, and Future Returns. Review of Accounting Studies,
  • Caskey, Judson and John S. Hughes. (Forthcoming). Assessing the Impact of Alternative Fair Value Measures on the Efficiency of Project Selection and Continuation. The Accounting Review,
  • Williams, Michael G., John S. Hughes, and Carolyn B. Levine. (2010). Influence of Capital Gains Tax Policy on Credibility of Unverified Disclosures. The Accounting Review,
  • Hughes, John S., Jing Liu, and Jun Liu. (2009). On the Relation between Expected Returns and Implied Cost of Capital. Review of Accounting Studies,
  • Hughes, John S., Jing Liu, and Wei Su. (2008). On the Relation between Predictable Market Returns and Predictable Analyst Forecast Errors. Review of Accounting Studies,
  • Hughes, John S. and Michael G. Williams. (2008). Commitment and Disclosure in Oligopolies. The Accounting Review,