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Jens A. Stephan

Department Head of Accounting and Finance Professor of Accounting

PhD Cornell University
MBA Penn State University
BSME University of Michigan

300 W Michigan Ave 406 Gary M. Owen Building
Ypsilanti, MI 48197
Tel: (734) 487-3320 ;
Fax: (734) 482-0806
jens.stephan@emich.edu

Jens Stephan
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Professional Summary
Professor Stephan has taught financial and managerial accounting at the MBA level. His research interests are in the financial reporting and valuation areas, specifically, in how accounting information gets impounded into stock prices through trading volume. Professor Stephan has published in the leading accounting and finance journals such as The Accounting Review, the Journal of Accounting Research, and the Journal of Finance.

Courses Taught
Financial Accounting
Managerial Accounting
Financial Analysis and Valuation

Research Interest & Projects
Research Interests:  Capital Markets, Financial Reporting, Valuation

Selected Publications

Alternative Liquidity Measures and Stock Returns, Review of Quantitative Finance and Accounting, 1997

Earnings Announcements and Heterogeneous Beliefs, The Accounting Review, 1991

Intraday Price Changes and Trading Volume Relationships in the Stock Market and Stock Options Markets, Journal of Finance, 1990