Faculty & Research

Luann J. Lynch

Luann J. Lynch, Almand R. Coleman Professor of Business Administration

  • BS, Meredith College; MBA, Duke University; PhD, University of North Carolina
Office: FOB 292-D
Phone: +1-434-924-4721
E-mail: LynchL@darden.virginia.edu

Biography

Luann J. Lynch, Almand R. Coleman Professor of Business Administration, teaches Accounting in the First Year core MBA program and a Second Year elective in management accounting. She is frequently recognized for her outstanding teaching; she was the recipient of the University of Virginia Alumni Board of Trustees Teaching Award and elected Faculty Marshall in 2000, was nominated for the Outstanding Faculty Award from the State Council of Higher Education for Virginia (SCHEV) in 2001, has been recognized as an Outstanding Professor in BusinessWeek’s Guide to the best Business Schools, and is frequently nominated for the Outstanding Faculty Award at Darden.

Her research interests are primarily in the design and impact of incentive and compensation systems. The focus of her work can be broadly characterized as an exploration of how incentives and compensation systems are structured to encourage the desired behavior by the individuals or organizations. In particular, her work has examined incentive issues associated with stock options; compensation in post-merger integration efforts; and the effect of financial reporting, accounting and regulation on incentive compensation. She has published her work in leading accounting and finance journals, including The Accounting Review, Journal of Accounting and Economics, Journal of Financial Economics and Review of Accounting Studies. From 2006 to 2009, she held the Robert F. Vandell research chair at Darden in recognition of her research contributions. In 2006, she received the Glen McLaughlin Prize for Research in Accounting Ethics for work related to compensation around the implementation of the Sarbanes-Oxley Act. From 2005 to 2008, she served as Darden’s Associate Dean for Intellectual Capital.

Lynch spent the 20042005 academic year teaching at the Wharton School at the University of Pennsylvania.

Prior to joining the faculty at the Darden School, she taught in the Master of Accounting program at the Kenan-Flagler Business School at the University of North Carolina. She was assistant vice president at Roche Biomedical Laboratories, Inc., and held positions in finance and accounting at Roche, Northern Telecom (NorTel) and Procter & Gamble. She holds an MBA from Duke University’s Fuqua School of Business and a doctorate in accounting from the University of North Carolina.

Working Papers

B. Cadman, M.E. Carter, and L.J. Lynch, 2010, Executive pay restrictions: Do they restrict firms’ willingness to participate in TARP?

L.J. Lynch, G. Pownall, and P. Simko, 2010, Voluntary disclosures of organic growth.

Frank, M.M., L.J. Lynch, and S.O. Rego, 2009, Are aggressive reporting practices associated with other aggressive corporate policies?

L.J. Lynch and S. P. Williams, 2009, Does equity compensation compromise audit committee independence? Evidence from earnings management.

Carter, M.E., L.J. Lynch, and T. Zamora, 2009, The Americanization of CEO pay in European firms.

Carter, M.E. and L.J. Lynch, 2007, Agency issues in compensation contract design:Evidence from the change in accounting for stock option repricings.

Expertise

Incentive and Compensation Systems 

MBA Courses

First Year Accounting
Management Planning and Control Systems

Selected Publications

Frank, M.M., L.J. Lynch, and S.O. Rego, 2009, Tax Reporting Aggressiveness and Its Relation to Aggressive Financial Reporting, The Accounting Review 84(2), 2009, pp. 467-496.

Carter, M.E., L.J. Lynch, and S.C. Zechman, 2009, Changes in bonus contracts in the post-Sarbanes-Oxley era, Review of Accounting Studies 14(4).

Carter, M.E., L.J. Lynch, and A.I. Tuna, 2007, The role of accounting in the design of CEO equity compensation, The Accounting Review 82(2), pp. 327-358.

Carter, M.E. and L.J. Lynch, 2004, The effect of stock option repricing on employee turnover, Journal of Accounting and Economics 37(1), pp. 91-112.

Balachandran, S., M.E. Carter, and L.J. Lynch, 2004, Sink or swim? Firms’ responses to underwater stock options, Journal of Management Accounting Research special issue on The Use of Stock Options in Employee Incentive Plans, vol. 16, pp. 1-18.

Carter, M.E. and L.J. Lynch, 2003, The consequences of the FASB’s 1998 proposal on accounting for stock option repricing, Journal of Accounting and Economics 35 (1), pp. 51-72.

L.J. Lynch, 2003, The effect of Medicare capital prospective payment regulation: additional evidence from hospital financing decisions, Journal of Accounting and Public Policy 22 (2), pp. 151-173.

L.J. Lynch and S. Perry, 2003, An overview of management compensation, with S. Perry, Journal of Accounting Education 21 (1), pp. 43-60.

L.J. Lynch and S. Perry, 2002, An examination of pre-merger executive compensation structure in merging firms, Journal of Managerial Issues XIV (3), pp. 279-295. Carter, M.E. and L.J. Lynch, 2001, An examination of executive stock option repricing, Journal of Financial Economics 61, pp. 207-225.

Books

Allen, B.R., E.R. Brownlee, M.E. Haskins, and L.J. Lynch, 2009, Cases in Managerial and Cost Accounting, Cambridge Business Publishers.

Allen, B.R. and L.J. Lynch, 2006, The Executive’s Guide to Management Accounting and Control Systems, 7th edition, Thomson, 2006.

Allen, B.R., E.R. Brownlee, M.E. Haskins, and L.J. Lynch, 2004, Cases in Management Accounting and Control Systems, 4th edition, Prentice Hall.