Newcastle University Business School

Staff Profile

Professor Simon Hussain

Professor of Accounting

Background

Roles and Responsibilities

  • Head of Accounting & Finance subject group (3-year post: 2014-17)
  • Deputy Head of Accounting & Finance subject group (2013-14)
  • Editorial review board member: Accounting Education: an international journal (2014-)
  • Associate Editor: Pacific-Basin Finance Journal (2016 -) Journal impact factor 1.754
  • Joint co-ordinator for FACE (Finance, Accounting, Control & Evaluation) Research Group (2013-15)
  • Member of Research & Knowledge Exchange Committee (2013-15)
  • Degree Programme Director - MA in International Financial Analysis and MSc in Strategic Planning & Investment (2003-15)
  • RAE2001 co-ordinator for Accounting & Finance (UoA 44)

Qualifications

BA(Hons) Economics, CNAA (1988)
MA, Durham University (1990)
PhD, Manchester University (1992)
Cert. in Learning & Teaching, Newcastle University (1997)
ILT Certificate (2002)
HEA Certificate of Fellowship (2007)

Memberships

  • Fellow of the Higher Education Academy
  • Member of the British Accounting Association

Research

Overview

I presently hold the position of Chair in Accounting at NUBS. I was ranked among Europe’s Top-15 accounting researchers in Chan, Chen and Cheng’s (2006) survey of European business schools (Accounting & Business Research, 36(1), p.13), and the Top-14 in Bernardi, Zamojcin and Delande's (2016) survey of accounting education authors (Accounting Education: an international journal, 25(6), p.585, Table 6, panel B.

  • Editorial Review Board member: Accounting Education: an international journal (2014-)
  • Associate Editor: Pacific-Basin Finance Journal (2016 -) [Rated 'A' on ABDC list: http://www.abdc.edu.au/]
  • Submitted to RAE1996 (ECR), RAE2001, RAE2008 and RAE2014

Current Google Scholar h-index (via Publish or Perish:http://www.harzing.com/pop.htm): 12

Current Google Scholar g-index (via Publish or Perish:http://www.harzing.com/pop.htm): 20

 

Policy Engagement and Impact (HEFCE)

July 2014: Individual submission sent in response to HEFCE’s Independent Review of the Role of Metrics in Research Assessment: Call for Evidence. This submission is sole-authored and links with my papers on journal rankings in Organization, British Accounting Review, and Accounting Education:

http://www.hefce.ac.uk/media/hefce/content/whatwedo/research/howwefundresearch/independentreview/Final%20Responses%20to%20the%20Metrics%20Review%20Call%20for%20Evidence-%20for%20webpage-%204%20November%202014.pdf

This led to invitation from chair of the Independent Review Panel, Prof James Wilsdon (Sussex) to take part in the following HEFCE sponsored workshops:

•             7th October 2014: "In metrics we trust? Prospects & pitfalls of new research metrics" at University of Sussex: http://www.sussex.ac.uk/spru/newsandevents/events/metricsworkshop  

•             16th January 2015: “Metrics and the assessment of research quality and impact in the Arts and Humanities” at University of Warwick: http://www2.warwick.ac.uk/fac/arts/fac-news/hefcemetricsworkshop  

•             9th July 2015: Invited to attend "Report Launch for the Independent Review of the Role of Metrics in Research Assessment and Management", London, United Kingdom

7th/8th September 2015: Invited as guest speaker on research metrics by Conference for Professors in Accounting & Finance (CPAF), Birmingham, UK.

22nd March 2016: Submitted 3000 word individual response (to Department for Business, Innovation and Skills) relating to Lord Stern’s review of the Research Excellence Framework: Call for evidence regarding the impact of the REF on university decision-making and discipline development. 


Research Interests

My primary research focus is at the interface between accounting and finance. As a result, my work has appeared in both accounting and finance journals, together with professional accountancy publications.

One area of research work has focused on the explanatory power of accounting earnings, accruals items and cash flows for both future cash flows and dividends (e.g. JBFA 2004; ABR 2008, AFEL 2008, JAAR 2012, ABR 2012) - crucial components in equity valuation models.

Developing the theme of forward-looking data estimation, much of my empirical work focuses on financial analysts and their forecasts (e.g. JBFA 1996, ABR 1998, ABR 2000, ABR 2002, AFEL 2006, AFE 2010): many market professionals rely on the work of analysts when constructing their asset portfolios.

A crucial component in the forecasting process is the segmental information disclosed by corporations for their business and geographic segments. My work particularly focuses on the segment identification issue (e.g. ABR 1992, ABR 1997, BAR 2007). My professional papers in Accountancy (1996, 2001, 2007) and The International Accountant (2005) focus on the limitations of current segmental reporting standards and of a ‘managerial’ approach to segment identification.

Since 2010 I have also undertaken research work on the quality ratings assigned to academic journals by guides such as the ABS Academic Journal Quality Guide (BAR 2010, ACCED 2011,2012,2015; ORG 2015), examining variation across schools and across time together with linkages to research paradigms and 'trust in/managing by numbers'.

A small number of papers have also examined Asian data from Malaysia, Japan and China (JBFA 2001; AFEL 2007; FinMgt 2008).

A more detailed breakdown of my research interests is given below:

 

  • Segmental reporting practices and their impact on investors
  • Understanding future cash flows from current accounting data
  • The properties of financial analysts’ forecasts of corporate earnings
  • The market for analysts' services ('analyst-following')
  • Leading economic indicators in accounting research
  • Stock-market overreaction
  • Academic journal quality ratings

Postgraduate Supervision

I have acted as sole/primary supervisor and second-supervisor to a number of candidates, all of whom have had their work published in internationally respected academic journals. Topic areas include:

•Dividends, accruals and earnings management (ABR, JAAR)
•Earnings, accruals and future cash flows (JBFA)
•Over-reaction in KLSE stock prices (JBFA)
•Segmental reporting (BAR)
•Future corporate cash flows and abnormal accruals (ABR)

More recent students have been working on:

•Segmental reporting under IFRS8
•IPO pricing: evidence from China

 

Esteem Indicators

•Ranked in the Top-15 in a listing of European accounting researchers compiled by Chan, Chen and Cheng (2006) and published in Accounting & Business Research (Vol.36(1), p.13).

•Editorial board member: Accounting Education: an international journal (2014-)

• Associate Editor: Pacific-Basin Finance Journal (2016 -)

•Selected as ESRC Rapporteur (2006) for work in Accounting & Finance.

•Articles [ABR 1998, 2000, 2002] cited in Beattie's (2005) review of the significant UK contribution to accounting research (British Accounting Review, Vol.37, No.1, p.99).

•Paper [BAR 2010] listed among important papers in “Personal reflections on editorship by Mike Jones” (British Accounting Review, 45(1): 2).

•Paper [ABR 2012], cited in Martin Walker's (2013) review of important international evidence on earnings-management (Accounting & Business Research, 43(4): 445-81).

•Article [ABR 2002] chosen by Prof. R.A. Olsen as being of special interest to readers of the international rated 'Journal of Behavioural Finance' (Vol.4, No.1, 2003, p.50).

•Three articles [ABR 1997, ABR 2000 and JBFA 2001] chosen by American Accounting Association as being of special interest in their International Accounting Forum quarterly newsletters.

•Article [Accountancy 2001] chosen by CIMA for inclusion in Study System publications, used across Europe, Africa and Asia (2002, 2004, 2006).

•The ANBAR management database Citation of Excellence Certificate for article [ABR 1998] assessed as being in the top 10% of articles reviewed by their panel, and Excellence for Originality [Accountancy 1996];

•Work cited in Accounting Standards Board’s discussion paper ‘Segmental Reporting’ (1996) and in Accountancy Age magazine (14 Feb. 1996).

•Article [ABR 1992] quoted in detail in the American Accounting Association’s submission to the International Accounting Standards Committee - see Accounting Horizons, 1996, 10(1), pp.118-123.

•I was a recipient of the I/B/E/S International (New York) data-base of analysts’ earnings forecasts (now Thomson Financial, NY). Articles [JBFA 1996, ABR 1998] included in I/B/E/S Research Bibliography (2000).

Teaching

Undergraduate Teaching

Current teaching covers the following topics:
- Managerial & Business Economics

Previous teaching has also included:
- Quantitative Methods
- Personal Finance
- Financial Management
- Introduction to Business Finance

Postgraduate Teaching

MA teaching is focused on:
- International Finance & Capital Markets
- Financial Information Analysis
- Managerial Economics & Organisational Architecture
- Accounting for Analysts (group project)

I am a holder of the Certificate in Learning and Teaching in Higher Education (Newcastle, 1997), in addition to being a Fellow of the Higher Education Academy (HEA).

Publications