Samuel R. Harrell Professor
Research Interests: capital markets, disclosure, governance and control, heuristic behavior
Professor Paul Fischer's research spans two areas of interest: the acquisition and dissemination of information in capital markets, and the design of incentive systems within and between firms. His capital market research has considered the impact of accounting disclosures on security prices, manager disclosure behavior, investor information gathering strategies, and the economic determinants and consequences of heuristic behaviors. His research on the design of incentive systems has examined the roles played by insider trading restrictions, risk management activities, peer evaluation systems, monitoring systems, and social norms. His research has appeared in The Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, Review of Accounting Studies, Contemporary Accounting Research, Management Science, Journal of Finance, and The American Economic Review.
Professor Fischer has served as a special editor for The Accounting Review and is serving as an associate editor for Management Science and Review of Accounting Studies. He also serves or has served on the editorial boards of The Accounting Review and the Review of Accounting Studies.
Professor Fischer teaches Financial Accounting and Financial Analysis. He received his PhD from the University of Rochester and his BS degree from Duke University. In addition to serving on the Wharton faculty, Professor Fischer has been a Professor and Department Chair at Penn State University, an Assistant Professor at the University of British Columbia, and a Visiting Professor at Stanford University.