Waqar Ghani, Ph.D

Associate Professor
Discipline Taught: Accounting
Office: MV 381
Phone: 610-660-1661
Fax: 610-660-1126
Email: wghani@sju.edu


Education

  • Drexel University, 1993, PhD (Accounting with a minor in Quantitative Methods)
  • Drexel University, 1985, MBA (Accounting & Finance)
  • Fort Hays State University, 1983, MS (Communications)
  • Government College Lahore, Punjab University, 1974, MA (Economics)
  • Government College Lahore, Punjab University,  1971, BA (Economics and History

Professional Experience

Academic

  • St. Joseph's University - Associate Professor - 1999 - Present
  • The Vanguard Group, Malvern, PA - Visiting Teaching Faculty - 2003 - Present
  • Lahore University of Management Sciences (LUMS), Lahore, Pakistan - Visiting Research Faculty - 2002 - 2003
  • St. Joseph's University - Assistant Professor - 1990 - 1998
  • Drexel University - Teaching Fellow - 1987 - 1990
  • Drexel University - Research Assistant - 1983 - 1984

Professional

  • The Sidney W. Fairchild Company - Management Consultant - 1985 - 1987

Courses Taught

  • Accounting Concepts (MBA)
  • Accounting Info Mgmt I (specialized masters)
  • Acct Information Mgmt II (specialized masters)
  • Creat & Measur Sharehold Value (MBA)
  • Financial Statement Analysis
  • Financial Statement Analysis (MBA)
  • Global Business:Intl Acct (specialized masters)

Publications

Journal Publications

  • Ghani, W. I. and Samuel H. Szewczyk (2012) "Impact Of EVA Adoption On Long-Term Shareholder Value: An Empirical Investigation." Journal of Finance Issues (JFI).
  • Ghani, W. I., Haroon, O., & Ashraf, J. (2011).  Business Groups' Financial Performance: Evidence from Pakistan.   Global Journal of Business Research.
  • Ghani, W.I. & Sharma, R. (2010). The Wealth Effects of CFO Turnover: Evidence from Post-Sarbanes-Oxley Act. Journal of Academy of Finance.
  • Ghani, W. I., Jambulingam, T., & Sharma, R. (2010).  Biotechnology Industry - Physician Interaction and OIG Guidelines: Evidence from the Stock Market.   Journal of Commerical Biotechnology.  
  • Ghani, W. I., Jambulingam, T., & Sharma, R. (2009).  Wealth effects of the pharmaceutical industry-physician interaction compliance guidelines on large pharmaceutical companies.   International Journal of Pharmaceutical and Healthcare Marketing.
  • Food Marketing Practices and Anti-Obesity Policy Impact on Shareholder Wealth. Marketing Management Journal. 2007.
  • Financial Analysts' Forecasts and Unprecendented Event: The Case of German Reunification. International Business and Economics Research Journal, 13 (2). 2007
  • Accounting Development in Pakistan. International Journal of Accounting, 40, 175-201. 2005
  • "Disclosure of EVA Use in Corporate Financial Reports: A Descriptive Analysis," Journal of Applied Business Research with A. Tezel, J. Ragan and A.J. Stagliano, Volume 4, Number 1, Winter 2005.
  • "The Y2K Problem: The View from Corporate Public Disclosure," Academy of Accounting and Financial Studies Journal, 1999, with R. Sherman.
  • "Wealth Effects of the Passage of Nutrition Labeling and Education Act of 1990 for Large US Multinational Food Corporations," Journal of Public Policy & Marketing, Fall 1999, Vol. 18, 22, pp. 147-158, with N. Childs.
  • "The Effects of Stock Split Announcements on Investors’ Informedness and Consensus: An Empirical Analysis," Journal of Accounting & Business Research, 1999, Vol. 7, pp. 69-81, with G. McManus.
  • "Consolidation of Nonhomogeneous Subsidiaries: The Impact of Alternative Accounting Treatment," Journal of Accounting and Finance, Vol. 12, September 1998, pp. 215-227, with Asokan Anandrajan and A.J. Stagliano.
  • "Evaluating Market-Orientation of an Executive MBA Program," Journal of Marketing for Higher Education, Vol. 8, No. 4, 1998, pp. 49-59, with S. Davis, K. Dubas and J. Strong.
  • "Market Reaction of Multinational Corporations tPassage of the General Agreement on Tariffs and Trade (GATT)," Journal of International Accounting, Auditing and Taxation, Vol. 7, No. 1, 1998, pp. 95-112, with John Haverty.
  • "Differential Reaction tBond Downgrades for Small Versus Large Firms: Evidence from Analysts’ Forecast Revisions," Journal of Fixed Income, Vol. 7, No. 3, 1998, pp. 94-99, with Corolyn Clark and Paul Foster.
  • "An Empirical Analysis of the Incremental Information Content of SAS59 Going Concern Modified Reports," Indian Accounting Review, Vol.1, No.2, December 1997, pp. 38-48, with A. Anandarajan and A.J. Stagliano.
  • "U.S. Corporate Reaction tGATT: An Analysis of Management’s Public Disclosures," Journal of Applied Business Research, Summer 1997 (vol. 13, no. 3), with John Haverty.
  • "Home Sweet Home Away from Home,” Pennsylvania CPA Journal, 1996, with Richard Sherman.
  • "The Dart Board Column: Analyst Earnings Forecasts and the Informational Content of Recommendations," Journal of Business & Economic Studies, 1996, with M. Thomas.
  • "Strategic Implications of the North American Free Trade Agreement: The View from Management Disclosures," Central Business Review (vol. 14, no. 2), 1995, with John Haverty.
  • "The Impact of the North American Free Trade Agreement on Multinational Firms: Evidence from the Stock market," Journal of International Accounting Auditing and Taxation , Vol. 4, No. 2, 1995, with John Haverty.
  • " Retail Inventory Made Easy," Journal of Accounting, Taxation and Finance for Business, 1995.
  • "The IRS Non-filer Initiative," Management Accounting, 1994, with Richard Sherman.

Proceedings/Presentations

  • Greening of Corporate Governance: Wealth Effects of Sustainability Officer Hiring. 2011 Annual Meeting of the 3rd SAICON International Conference on Management, Business Ethics & Economics, held in Lahore, Pakistan and organized by COMSATS Institute of Informatin Technology, Lahore, Pakistan. Co-authors: Rajneesh Sharma & A.J. Stagliano.
  • Impact of EVA Adoption on Long Term  Shareholder Value: An Empirical Investigation.  2009 AAA Annual Meeting, New York. 
  • Wealth Effect of OIG Guidelines on Large Pharmaceuticals Companies.    Accepted for 2008 Marketing and Public Policy Annual Conference.
  • Long-Term Performance of EVA Adopters: Empirical Evidence.   Accepted for 2008 AAA, Mid-Atlantic Regional Meeting.
  • Business Groups, Corporate Governance, and Financial Performance: Evidence from Pakistan. Accepted for 2008 AAA Annual Meeting.
  • Corporate Governance, Business Group Affiliations, and Firm Performance: Descriptive Evidence from Pakistan. Presented at 2007 Mid-Atlantic Regional Meeting of the AAA, Parsippany, New Jersey.
  • Corporate Governance, Business Group, Affilations,and Firm Performace: Discriptive Evidence from Pakistan.   Presented at 2006 Northeast Business and Economics Association, Port Jefferson, New York.
  • "Disclosure of EVA Use in Corporate Financial Reports: A Descriptive Analysis," Journal of Applied Finance with A. Tezel, J. Ragan, and A.J. Stagliano. 2003 Mid-Atlantic Regional Meeting of the American Accounting Association.
  • Corporate Governance, Business Group Affiliation, and Firm Performance: Evidence from Pakistan. May 2004 Conference on Corporate Governance in Pakistan hosted by Center for Management and Research & the Securities & Exchange Commission of Pakistan at LUMS, Pakistan (Presented by my co-author).
  • Evolution of Financial Reporting and its Determinants in Pakistan. May 2004 Conference on Corporate Governance in Pakistan hosted by Center for Management and Research & the Securities &Exchange Commission of Pakistan at LUMS, Pakistan (Presented by my co-author).
  • "Analysts' Reactions German Reunification - An Empirical Analysis" presented at the Mid-Atlantic American Accounting Association Meeting, March 2001, with Samuel Szewczyk.
  • "The Impact of Stock Split Announcements on Investors' Divergence of Beliefs," presented at the Mid-Atlantic American Accounting Association Meeting, March 1999, with G. McManus.
  • "EVA adoption and corporate disclosures," presented at the National Meeting of the Northeast Business and Economics Association, October 1998, with J. Ragan and A. Tezel.
  • "The Impact of the General Agreement on Tariffs and Trade (GATT) on Multinational Firms: Evidence from the Stock Market," presented at the American Accounting Association 1997 Mid-Atlantic Regional Meeting, 1997, with J. Haverty.
  • "Impact of Asset Impairments Accounting Under SFAS 121 on Corporate Disclosures," presented to the Northeast Business and Economics Association, 1996, with Joseph Ragan.
  • "Corporate Responses to the General Agreement on Tariffs and Trade (GATT): The View from Management's Public Disclosures," presented tthe Mid-Atlantic Conference of the American Accounting Association, 1996, with John Haverty.
  • "The Dart Board Column: Analyst Earnings Forecasts and the Informational Content of Recommendations (Outstanding Paper Award)," presented to the Northeastern Business and Economics Association, 1995, with M. Thomas.
  • "The Dart Board Column: Analyst Earnings Forecasts and the Informational Content of Recommendations," presented tthe Eastern Finance Association Meetings, 1995 with M. Thomas.
  • "The Dart Board Column: Analyst Earnings Forecasts and the Informational Content of Recommendations," presented and published in Proceedings of the FMA Annual Meeting, 1995, with M. Thomas.
  • "Impact of Fair Value Accounting Under SFAS 115 on Corporate Disclosures," presented tand published in the Proceedings of the Northeastern Business and Economics Association, 1995, with Joseph Ragan.
  • "Bond Downgrades and Long-term Prospects of Financially Distresses Large vs. Small Firms: Evidence of Size Effect in Analysts' Forecasts Revisions," presented and published in Proceedings of the Northeast Business and Economics Association, 1995, with Corolyn Clark and Paul Foster.
  • "Additional Evidence on the Effects of Consolidation of Nonhomogeneous Subsidiaries under SFAS-94," presented tand published in Proceedings of the Northeast Business and Economics Association, 1995, with A.J. Staglianand A. Anandarajan.
  • "NAFTA: The View from Management Discussions and Analyses and President's Letters tShareholders," presented tthe Southeast Regional Meetings of the American Accounting Association, 1995, with John Haverty.
  • "Analysts' Earnings Forecasts Revisions and Information Content of SFAS-94 Disclosures," presented tand published in Proceedings of the AAA 1994 Mid-Atlantic Annual Meeting, 1994, with G. Ndubizu and S. Szewczyk.
  • "Going Concern Unqualified Opinion Under SAS 59 and Information Content of Annual Reports," presented to and published in Proceedings of AAA 1994 Mid-Atlantic Annual Meeting, 1994, with A. Anandarajan and A.J. Stagliano.
  • "The Economic Impact of Accounting Information Aggregation and Disaggregation on Indormedness and Consensus: The Case of Consolidated Nonhomogeneous Subsidiaries," presented to and published in Proceedings of the AAA 1994 Northeastern Annual Meeting, 1994, with N. Gordian and S. Kwon.

Instructional Innovations/New Course (Program) Development:

  • "Creating & Measuring Shareholder Value" (ACC 4115), Course Developer - 2001
  • "Mutual Fund Accounting" (ACC 1575), Course Developer and Coordinator - 2001
  • "Financial Statement Analysis" (ACC 5025), Course Coordinator - 1996.
  • "Accounting Concepts" (ACC 3015), Course Coordinator - 1996.

Activities in Academic/Professional Organizations/Publications:

  • Reviewer - AAA 1995 Annual Meeting - 1995
  • Journal Editorial Board Reviewer
  • Reviewer of Articles

Other:

  • "Corporate Response the General Agreement on Tariffs and Trade (GATT): the View from Management’s Public disclosures," presented St. Joseph's University CB&A Research Forum, 1996, with John Haverty.
  • "Bonds Downgrades," presented St. Joseph's University College of Business Research Series - 1994

Grants and Awards

  • Presidential Merit Award for Excellence in Teaching, SJU, 2007
  • Awarded Obesity Research Grant, Center for Disease Control, Summer 2005
  • Excellence in Teaching Award MBA , SJU, 2003
  • Excellence in Teaching Award, EMBA, SJU, 2001
  • Presidential Merit Award for Excellence in Research, SJU, 1998 - 1999
  • Research Award - awarded by I/B/E/S the right to use financial analysts' database in recognition of contribution to creatively using the database in research - 1996
  • Doctoral Consortium Fellow, American Accounting Association - 1990

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