|
|
 UNDERGRADSMain Page2007 RankingsAdmissions Q&AsCareer Q&AsUndergrad ForumReading ListRecruiter Q&AsSchool Report CardsSchool ToursUndergrad 24-7Undergrad VideosNews HeadlinesPREMIUM CONTENT
| |
MARCH 21, 2003 READING LIST Anil Arya's Book Recommendations
• REAL OPTIONS: MANAGERIAL FLEXIBILITY AND STRATEGY IN RESOURCE ALLOCATION by Lenos Trigeorgis "The theory of real options has proven to be insightful in evaluating investments. The traditional net present value (NPV) rule is expanded to include not only the passive NPV of expected cash flows but also the value of options from active management. Active management may allow a firm to defer, expand, contract, abandon, or otherwise alter a project at different stages during its operating life. Different projects provide a firm with differing degrees of flexibility. For example, a research project does not commit the firm to development or production. The decision to commercially develop a research project can be made contingent on the results of the research. Failing to account for the flexibility provided by a project can result in undervaluing projects. This book (and the author has significantly impacted the thinking of many in academics and practice." • MANAGERIAL USES OF ACCOUNTING by Joel Demski "Accounting information is distinct from information produced by other sources. Some characteristics that make it special include the following... It is aggregated -- a small number of accounts summarize the information contained in a large number of transactions. It is prepared in accordance with double entry rules. It is audited. It is late (historical). It is tracked over multiple periods. It gives the preparer of accounting reports a curious amount of discretion (through the choice of accruals). While distinct, it is wrong to presume that accounting works in isolation. In fact, it often works best when used in conjunction with other information. In my opinion, this book does a terrific job of explaining 'why accounting is done' while at the same time being very appreciative of 'how accounting is done.'" • 'SURELY YOU'RE JOKING, MR. FEYNMAN!': ADVENTURES OF A CURIOUS CHARACTER by Richard Feynman "Nothing beats intellectual curiosity and the pursuit of fun." Biographical Info: Professor Arya's primary research interests focus on developing theory in the area of management control systems. He serves as ad hoc reviewer for numerous professional journals. His research has been published in The Accounting Review, Journal of Accounting and Economics, Management Science, Issues in Accounting Education, and Journal of Economic Theory. He was awarded the Dean's Research Professorship in 1999 and the Fisher College Pace Setters Research Award in 1996. Dr. Arya teaches courses in managerial accounting and management control systems design for the college's MBA, PhD, and Master of Accounting programs. For more information on Mr. Arya, please visit: http://fisher.osu.edu/facultyguide/faculty/arya/arya.htm  Get BusinessWeek directly on your desktop with our RSS feeds.  Add BusinessWeek news to your Web site with our headline feed. Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video. To subscribe online to BusinessWeek magazine, please click here. Learn more, go to the BusinessWeekOnline home page  | | MARCH Learn about your online education options |
 Copyright 2003, Bloomberg L.P.Terms of Use | Privacy Policy |
MBA Insider
Printer-Friendly Version
