Steven Lilien

Professor Emeritus

Zicklin School of Business

Department: Stan Ross Dept Accountancy

Areas of expertise:

Email Address: steven.lilien@baruch.cuny.edu

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Books

Lilien, S. B., & Rothberg, B. (2004). Analysis and Implications of the New Proxy Voting Rules. Financial Executives Research Foundation.

Lilien, S. B. (1999). Accountants' Handbook. New York, John Wiles & Sons.

Lilien, S. B. (1996). Accountants' Handbook . New York, John Wiley & Sons.

Lilien, S. B., Mellman, M., & Kerstein, J. (1994). Accounting for Effective Decision Making: A Manager's Guide to Corporate, Financial and Cost Reporting. Illinois, Business One Irwin.

Lilien, S. B., Carmichael, D., & Mellman, M. (1991). Accounting and Auditing Update Handbook. New York, American Institute of Certifies Public Accountants.

Lilien, S. B., & Carmichael, D. (1990). Accounting and Auditing Update Handbook. New York, American Institute of Certified Public Accountants.

Lilien, S. B., Carmichael, D., & Mellman, M. (1989). Accounting and Auditing Update Handbook. New York, American Institute of Certified Public Accountants.

Lilien, S. B., Mellman, M., & Docherty, J. (1987). Discovery Techniques Obtaining and Analyzing Business Data. Massachusetts, Warren, Gorham and Lamont.

Journal Articles

Lilien, S., Sarath, B., & Yan, O. (2019). Fair Value Accounting, Earnings Management and The Case of Bargain Purchase Gains. Asian Review of Accounting,

(2013). Normal Turbulence or Perfect Storm? Disparity in Fair Value Estimates. Journal Accounting, Auditing and Finance, 192-211.

(2013). How Fair Values and Accounting Structures Allow Triple-Counting of Income: Implications for Standard Setters, Market Participants and Academics. Journal Accounting, Auditing &Finance, 1-20.

(2010). The Financial Statement Effects of Capitalizing Operating Leases. LXXX 8. 36-41.

(2010). Countering Opportunism in Structuring and Valuing Transactions. Journal of Accounting, Auditing and Finance, 289-321.

(2008). The Case of Interest Rate Swaps and Questions for the Pozen Committee: Why Ironclad Rules?. CPA Journal, 78(6).

(2007). Effects of New Pension Accounting on the Dow 30's Financial Statements: Potential Implications for Policy Makers and Equity Research Analysts. The CPA Journal,

(2007). Sunbeam and the 'Iron Curtain': Why a Dual Test for Materiality Was Necessary. The CPA Journal, August 2007.

(2007). Sunbeam and the Iron Curtain: Why a Dual test for Materiality was Necessary. The CPA Journal,

(2006). Mutual Funds and Proxy Voting: New Evidence on Corporate Governance. Journal of Business and Technology Law,

(2005). Undoing the Past: Implications of Earning Restatements. Financial Executive,

(2005). CEO Compensation after Deregulation: The Case of Electric Utilities. Journal of Business,

(2004). The Managed Disclosure System A Case Study. The CPA Journal,

(2003). Making Pro formas Perform. Harvard Business Review,

(2003). Earnings Anomalies and Going Concerns. Taiwan Reviews, 4(1). 1-27.

(2001). Assessment of Analyst Target Prices. The CPA Journal,

(2000). CEO Stock Based Compensation: An Empirical Analysis of Incentive-Intensity, Relative Mix and Economic Determinants. Journal of Business,

(1998). Market Valuation Of Interest-Cost Savings From Debt Refinancing. Journal of Financial Statement Analysis, 10.

(1996). Stock-based Compensation Effect on Net Income. The CPA Journal,

(1995). Mandated Accounting Changes and Managerial Discretion. Journal of Accounting and Economics, 3-29.

(1994). Time For Realism in Accounting For Employees Pension Plans. The CPA Journal,

(1991). The Impact of SFAS 88 Transactions. The CPA Journal,

(1991). Overfunded Defined Benefit Pension Plan Settlements Without Asset Reversions. Journal of Accounting and Economics, 295-320.

(1990). A Simplified Approach for Converting Cash Flows from Operating from Indirect to Direct Method. The CPA Journal,

(1990). Market Manifestations of Non-Public Information Prior to Mergers: The Effect of Ownership Structure. The Accounting Review, 432-451.

(1989). The Use of Off-Balance Sheet Financing to Circumvent Financial Convenant Restrictions?. Journal of Accounting, Auditing, and Finance, 217-231.

(1988). Accounting Changes: Successful Versus Unsuccessful Firms. The Accounting Review, LXIII(4). 642-656.

(1987). The Association between Market Based Merger Premuims and Firms Financial Position Prior to Merger. Journal of Accounting, Auditing, and Finance, 24-72.

(1986). Accounting for Leases by Lessees. Journal of Accounting and Economics, 217-237.

(1985). Stock Market Behavior Around Distress and Recovery Predictions from Bankruptcy Models . Financial Analysts Journal,

(1982). Determinants of Intramethod Choice in the Oil and Gas Industry. Journal of Accounting and Economics, 145-170.

(1981). Intra-method Comparability - The Case of Oil and Gas Industry. Accounting Review, LVI. 660-703.

(1981). Due Process and FAS No. 13. Management Accounting, LXII. 49-53.

(1978). A Peer Review of Financial Accounting Deficiencies. The CPA Journal, XLVII7(7). 28-34.

Lilien, S. Investor Perceptions of REal and Unreal Bargain Gains:An Examination of Acquisitions in the Financial Services Industry the 2008 Crisis. In Progress.

Book Chapters

Lilien, S. B., Bryan, S., Sarath, B., & Yan, O. (2019). Evolving Standards of Fair Accounting and Acquisition Accounting. Economic Information to Facilitate Decision Making FORTHCOMING 2019.

Lilien, S. B., Bryan, S., & SarathJohn WileySons, B. (2010). Curbing Optimism in Managerial Estimates Through Transparent Accounting:The Case of Securitizations. In Kolb, R. (Ed.), Lessons From The Financial Crisis Hoboken New Jersey,United States. John Wiley&Sons.

Presentations

Lilien, S. B., Sarath, B., & Yan, O. (2019, June 30). Intended or Unintended Consequences of Business Regulations? The Case of Acquisitions in the Financial Services Industry. European Accounting Conference. Cyprus: European Accounting Association.

Lilien, S. B., Bryan, S., & Hwang, L. (1999, December 31). "CEO Stock-Based Compensation: An Empirical Analysis of Incentive Intensity, Relative Mix, and Economic Determinants. Proceedings of the American Accounting Associations Annual Meeting. San Diego

Lilien, S. B., Bryan, S., & Hwang, L. (1998, December 31). "The Use of CEO Stock Option and Pay-Performance Sensitivity: An Empirical Analysis and Syntheisis of The Economic Determinants". Proceedings of the American Accounting Associations Annual Meeting. New Orleans

Lilien, S. B. (1993, December 15). Lifes Miracles. American Poetry Review. New York: Poets House.

Lilien, S. B., Wu, D., & Haw, I. (1988, August 31). "An Examination of the Market Reaction to the Adoption of SFAS No. 52: A New-Information-De-Facto Approach". Proceedings of the American Accounting Associations Annual Meeting.

Lilien, S. B., Kim, T. Y., Haw, I., & Pastena, V. (1987, August 31). "Early Debt Redemptions: Managerial Motivation". Proceedings of the American Accounting Associations Annual Meeting.

Lilien, S. B., Haw, I., & Pastena, V. (1986, July 31). "The Impact of SFAS No. 52" [pp. 31-32]. Collected Abstracts of the American Accounting Association's Annual Meeting.

Lilien, S. B., Haw, I., Him, K., & Pastena, V. (1986, July 31). "Market Reactions to Tender Offers for Owner Controlled Versus Manager Controlled Firms" [pp. 35-36]. Collected Abstracts of the American Association's Annual Meeting.

Lilien, S. B., Gazzar, S. E., & Pastena, V. (1985, July 31). "The Influence of External Reporting Choices on Private Financial Contracts" [pp/ 92-93]. Collected Abstracts of the American Accounting Association's Annual Meeting.

Lilien, S. B., Gazzar, S. E., & Pastena, V. (1984, August 31). "Accounting for Leases by Lessees". Proceedings of the American Accounting Association's Annual Meeting.

Lilien, S. B., & Pastena, V. (1982, September 30). "Accounting Policy Choices of Oil and Gas Firms". Proceedings of the American Accounting Association's Annual Meeting.