Sudipta Basu

Profile Picture of Sudipta Basu

Sudipta Basu

  • Fox School of Business and Management

    • Accounting

      • Professor

      • Stanley Merves Chair in Accounting, Information Technology and Management


Sudipta Basu is a professor of Accounting and Stanley Merves Chair at the Fox School. He has been studying accounting since his teens, starting with double-entry bookkeeping in high school. Basu received the American Accounting Association (AAA) 2012 Distinguished Contribution to Accounting Literature Award for his research on the effects of accounting conservatism on the properties of reported earnings. His research on the origins of accounting and its co-evolution with the brain and the complexity of economic exchange was recognized with the AAA’s 2006 and 2010 Accounting Horizons Best Paper Awards, and as the AAA’s 2019 Yuji Ijiri Memorial Lecturer on the Foundations of Accounting. He received the inaugural 2023 AACSB-AAA-RRBM Award for Research Impacting Societal Challenges for showing that bank ESG ratings are untrustworthy.

Basu was an editor of Contemporary Accounting Research and is an associate editor or editorial board member of nine journals. He was co-chair of the 2012 AAA Doctoral Consortium Committee and chair of the 2011 Doctoral Education Committee of the Academy of Accounting Historians. At the Fox School, he serves as chair of the Promotion and Tenure Review Committee and research director of the Translational Research Center (TRC) and served previously as Associate Dean for Research and Doctoral Programs. He received a Temple University 2018 Outstanding Faculty Service Award.

Basu earned his PhD and MS at the University of Rochester, MBA at the Indian Institute of Management Calcutta, and BA (Honors) in Economics at the University of Delhi. He joined the Fox School in Fall 2007, having taught previously at Emory University and Baruch College, City University of New York.

Research Interests

  • Financial Accounting
  • Accounting Evolution
  • International Accounting

Courses Taught




BA 9108

Capital Markets Research


BA 9683

Research Project I


BA 9783

Research Project II


Selected Publications


  • Byzalov, D. & Basu, S. (2024). The misuse of regression-based x-Scores as dependent variables. Journal of Accounting and Economics, 77(2-3), 101643-101643. Elsevier BV. doi: 10.1016/j.jacceco.2023.101643.

  • Hou, L., Liang, Y., & Basu, S. (2023). Bank Competition and Borrower Conservatism. The Accounting Review, 98(2), 247-275. American Accounting Association. doi: 10.2308/tar-2021-0222.

  • Basu, S., Vitanza, J., Wang, W., & Zhu, X.R. (2022). Walking the walk? Bank ESG disclosures and home mortgage lending. Review of Accounting Studies, 27(3), 779-821. Springer Science and Business Media LLC. doi: 10.1007/s11142-022-09691-3.

  • Clube, J. (2022). ‘Insurance: in or out of the “too difficult” box?’ A practitioner view. Accounting and Business Research, 52(5), 536-539. Informa UK Limited. doi: 10.1080/00014788.2022.2079721.

  • Basu, S. & Grace, M.F. (2022). Insurance: in or out of the ‘too difficult’ box? Accounting and Business Research, 52(5), 510-535. Informa UK Limited. doi: 10.1080/00014788.2022.2080350.

  • Basu, S., DeVides, Z., & Harris, E.E. (2022). Funding implications of normal and excessive profitability in the nonprofit sector. Journal of Accounting and Public Policy, 41(4), 106923-106923. Elsevier BV. doi: 10.1016/j.jaccpubpol.2021.106923.

  • Waymire, G.B. & Basu, S. (2022). The Social Value of FASB. Accounting, Economics, and Law: a Convivium, 12(2), 153-180. Walter de Gruyter GmbH. doi: 10.1515/ael-2021-0001.

  • Basu, S. & Lee, E.I. (2022). Antecedents of and outcomes after finance committee use. Journal of Business Finance & Accounting, 49(3-4), 491-535. Wiley. doi: 10.1111/jbfa.12582.

  • Basu, S. & Byzalov, D. (2022). Why Subsample-Based Proxies Should Not Be Used As Dependent Variables.

  • Basu, S., Ma, X., & Briscoe-Tran, H. (2022). Measuring Multidimensional Investment Opportunity Sets with 10-K Text. The Accounting Review, 97(1), 51-73. American Accounting Association. doi: 10.2308/tar-2019-0110.

  • Basu, S., Vitanza, J., & Wang, W. (2020). Asymmetric loan loss provision models. Journal of Accounting and Economics, 70(2-3). doi: 10.1016/j.jacceco.2020.101359.

  • Basu, S. & Lee, C. (2020). Why Do Firms Forecast Earnings for Multiple Years Simultaneously?

  • Byzalov, D. & Basu, S. (2019). Modeling the Determinants of Meet-or-Just-Beat Behavior in Distribution Discontinuity Tests. Journal of Accounting and Economics, 68(2-3), 1-29. U.S.A.: Elsevier. doi: 10.1016/j.jacceco.2019.101266.

  • Basu, S. & Liang, Y. (2019). Director–Liability–Reduction Laws and Conditional Conservatism. Journal of Accounting Research, 57(4), 889-917. doi: 10.1111/1475-679X.12267.

  • Basu, S. & Waymire, G.B. (2019). Historical Cost and Conservatism Are Joint Adaptations That Help Identify Opportunity Cost. Accounting, Economics, and Law: a Convivium, 9(1), 1-13. Walter de Gruyter GmbH. doi: 10.1515/ael-2016-0070.