SAF increases its transformative research with three new faculty appointments

Monday, October 7, 2019

SAF increases its tranformative research with three new faculty appointments

The School of Accounting and Finance (SAF) attracts talent…not just stellar, high achieving students to our programs, but internationally reputed professors. The SAF welcomed Alec Cram (PhD Queen’s), Elizabeth Demers (PhD Stanford), and Neal Stoughton (PhD Stanford) this past September into our faculty compliment. Alec, Liz, and Neal joins a community of boundary-pushing thinkers who continually challenge the status quo to evolve and transform the accounting and finance professions. 

Dr. Cram attained his PhD from Queen’s after having worked as an IT Audit Manager at Deloitte and receiving credentials as a Certified Information Systems Auditor (CISA) and Certified Information Systems Security Professional (CISSP). Alec joins the University of Waterloo from Bentley University. His research focuses on how information systems governance and control initiatives can contribute to improving the performance of organizational processes. Alec's work has been published or is forthcoming in a variety of outlets, including the Information Systems JournalEuropean Journal of Information SystemsMIS QuarterlyJournal of the Association for Information SystemsInformation & Management, and Information Systems Research.

Dr. Demers joins the SAF from HEC Lausanne, Switzerland. She attained her PhD from Stanford after completing her accounting undergrad and Master of Accounting (MAcc) degrees from Waterloo and a Master’s degree in statistics from Stanford.  Professor Demers has been teaching MBAs and Executive MBAs around the world serving on the faculties of INSEAD (France), the Darden Graduate School of Business at the University of Virginia, the University of Rochester, and the University of Michigan.

Her research interests relate to the role of non-financial information in assessing and predicting firm performance and the impact of disclosure and communications on the firm’s cost of capital. Dr. Demer’s research has been published in top journals including Journal of Accounting Research, the Journal of Financial EconomicsManagement ScienceReview of Accounting Studies, and the Harvard Business Review. Her research and expertise has also been cited in the financial press including The Economist, Fortune, and Forbes

Dr. Stoughton received his Ph.D. from Stanford University in Engineering-Economic Systems and had served on the faculties of UCLA, the University of California at Irvine, the University of California at Davis, the University of British Columbia, the University of Calgary, INSEAD (France), the Thunderbird School of Global Management, the University of Vienna, the Vienna University of Economics and Business, and the University of New South Wales before joining the SAF at the University of Waterloo.

As an authority on asset management, Professor Stoughton has also served on the editorial boards of the Review of FinanceInternational Review of FinanceReview of Financial Studies and Management Science. Dr. Stoughton also has particular expertise in risk management, mergers and acquisitions, capital structure, managerial compensation, transfer pricing and optimal portfolio manager fee schedules. He is a consultant in the area of legal issues, asset management, banking, and economic valuation. His work has appeared in top journals including the Journal of Finance, the Journal of Financial Economicsthe Journal of Accounting and Economics, the Review of Financial Studies, and the Journal of Business.

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