The Martin Tuchman School of Management Welcomes Joseph Micale
Post Date:
Wednesday, September 1, 2021
Joseph Micale comes to NJIT from Fordham University, where he was the first Ph.D. graduate from the Gabelli School of Business. His areas of research are accounting, auditing, regulatory policy and capital markets, with a focus on audit partner quality and the influence of regulation changes on auditors’ fees. Micale and his co-authors are investigating the impact of a recent congressional law that aims to reduce mandatory disclosure and compliance on auditing costs during firms’ initial public offerings (IPOs), finding that the law had long-term benefits to firms in the form of reduced auditing fees over their first five years of capital market participation.
Another research project utilizes auditors’ perspectives on firms’ uniqueness from their peers to interpret why investors trade stocks differently for some stocks versus their peers’ stocks. This research provides insight into the economic meaning of a commonly used metric, Stock Return Synchronicity, which has been debated among academics in the literature.
He received an “Outstanding Student Paper” award at the 2019 Global Ph.D. Colloquium and recently received an “Excellence in Reviewing” award from the Financial Accounting and Reporting Section of the American Accounting Association.
