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Indian to head American Accounting Association

Shyam Sunder is only the third foreign-born professor to be elected to this office, reports Kanupriya Vashisht.

india Updated: Aug 29, 2005 10:55 IST

Shyam Sunder, the James L. Frank Professor of Accounting, Economics and Finance at the Yale School of Management, has been named president-elect of the 8000-strong American Accounting Association.

The American Accounting Association is the premier forum for scholarly interchange in accounting. It promotes worldwide excellence in accounting education, research, and practice.

Sunder, a native of Dhankaur in Uttar Pradesh, is only the third foreign-born professor to be elected to this office. His three-year term as president begins in August 2006.

Sunder pioneered the use of experimental methods in financial economics and macroeconomics and the use of programmed traders, known as zero-intelligence traders, to explore the structural properties of markets. He developed CapLab, computer software used to teach financial decision making, which is used by many universities.

A member of the Yale School of Management faculty since 1999, Sunder is a leading accounting theorist and experimental economist. His research contributions include statistical theory of valuation, dissemination of information in security markets, design of electronic markets, experimental exploration of learning and expectations in monetary economies, minimal rationality economics and Japanese business and accounting.

Sunder is the author of three books and has published more than one hundred articles in premier research journals of accounting, economics, and finance. He is committed to improving management education in India. He guest lectures to MBA and Ph.D. students and faculty at the Indian Institutes of Management and other universities, and advises their administrations to help them become world class institutions and meet the managerial needs of Indian economy.

In 2005, Sunder was named the Honorary Research Director of the Yale-GLIM Management Research Center at the Great Lakes Institute of Management, Chennai, in a plan to help build world-class management research capacity in India.

Before joining Yale, Sunder taught at Carnegie Mellon, the University of Minnesota, and the University of Chicago. He has held visiting professorships at the Chinese University of Hong Kong; National Taiwan University; the Kellogg Graduate School of Management at Northwestern University; the Research Institute for Economics and Business Administration at the University of Kobe, Japan; the University at Pompeu Fabra in Barcelona, Spain; the California Institute of Technology; and the Indian Institute of Management in Ahmedabad, India.

First Published: Aug 29, 2005 10:55 IST