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Stephen G. Ryan

Stephen G. Ryan

Joined Stern 1990

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 10-73
New York, NY 10012

E-mail sryan@stern.nyu.edu
Personal website

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Biography

Stephen G. Ryan is the Charlotte Lindner MacDowell Faculty Fellow, Professor of Accounting at New York University Stern School of Business. Professor Ryan teaches two unique financial accounting and analysis courses developed at Stern: Analysis of Financial Institutions and Financial Instruments (MBA program) and Accounting for Financial Instruments (MS in Accounting program). He also teaches in the doctoral program.

Professor Ryan has been at Stern since 1990. His primary research areas include accounting measurement, accounting-based valuation and risk assessment, and financial reporting by financial institutions and for financial instruments. Professor Ryan has published in numerous journals including The Accounting Review, Journal of Accounting, Auditing and Finance, Journal of Accounting Research, Review of Accounting Studies, Accounting Horizons and Financial Analysts Journal. He is also the author of Financial Instruments and Institutions: Accounting and Disclosure Rules, first edition (John Wiley & Sons, 2002) and second edition (John Wiley & Sons, 2007). Before joining Stern, Professor Ryan worked at Yale School of Organization and Management and Bain and Company.

Professor Ryan is actively involved in financial accounting standards setting. He currently serves on the Financial Accounting Standards Board's Liabilities and Equity Resource and Financial Institutions Advisory groups. Until 2003, he was a member of the Financial Accounting Standards Advisory Council, the advisory body for the Financial Accounting Standards Board. He has also previously chaired the American Accounting Association's Financial Accounting Standards and Financial Reporting Issues Conference committees. Professor Ryan served as the editor of the Review of Accounting Studies from 2006-2011.

Professor Ryan received his Bachelor of Arts from Dartmouth College and his Doctor of Philosophy in business from Stanford University.

Research Interests

  • Accounting measurement
  • Accounting-based valuation and risk assessment
  • Financial reporting by financial institutions and for financial instruments

Courses Taught

  • Accounting for Financial Instruments
  • Analysis of Financial Institutions and Financial Instruments
  • Empirical Research in Financial Accounting

Academic Background

Ph.D., Business, 1988
Stanford University

A.B., Economics/Philosophy, 1981
Dartmouth University

Awards & Appointments

 
Amerian Accounting Association Financial Accounting and Reporting Section Best Paper Prize 2011
The Accounting Review Emerald Management Reviews Citation of Excellence for one of the 50 best articles 2009
Accounting Horizons Co-winner Best Paper Prize 2006
Accounting Horizons Co-winner Best Paper Prize 2004

Selected Publications

Badia, M., M. Duro, F. Penalva and S. Ryan (2017)
Conditionally Conservative Fair Value Measurements
Journal of Accounting and Economics, February 2017, pp. 75-98

Carrizosa, R., and S. Ryan (2017)
Borrower Private Information Covenants and Loan Contract Monitoring
Journal of Accounting and Economics, Forthcoming November/December, 64

Dou, Y., S. Ryan, and Y. Zou (2017)
The Effects of Credit Competition on Banks’ Loan Loss Provisions
Journal of Financial and Quantitative Analysis, forthcoming

Ryan, S. (2017)
Do the Effects of Accounting Requirements on Banks’ Regulatory Capital Adequacy Undermine Financial Stability?
Annual Review of Financial Economics, Forthcoming, 9

Ryan, S., J. Tucker, and Y. Zhou (2016)
Securitization and Insider Trading
The Accounting Review, March 2016.

Acharya, V., and S. Ryan (2016)
Banks' Financial Reporting and Financial System Stability
Journal of Accounting Research, May 2016, pp. 277-340.

Dong, M., S. Ryan, and X. Zhang (2014)
Preserving Amortized Cost within a Fair-Value-Accounting Framework: Reclassification of Gains and Losses on Available-for-Sale Securities upon Realization
Review of Accounting Studies, March 2014, pp. 242-280.

Kim, S., P. Kraft, and S. Ryan (2013)
Financial Statement Comparability and Credit Risk
Review of Accounting Studies, September 2013, pp. 783-823.

Ryan, S. (2012)
Risk Reporting Quality: Implications of Accounting Research for Financial Reporting Policy
Accounting and Business Research, August 2012, pp. 1-30.

Ryan, S. (2011)
Financial Reporting for Financial Instruments
Foundations and Trends in Accounting, 2011, 6: 3-4, pp. 187-354.

Areas of Expertise

Accounting

  • Financial Reporting
  • Regulatory Bodies (FASB, IASB, PCAOB, SEC, IFRS, GAAP)
  • Valuation

Finance

  • IPOs

Industry

  • Housing/Real Estate
  • News Media