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AICPA Honors Panos N. Patatoukas

Press Release

Originally published on American Institute of CPAs

U.C. Berkeley, Haas School of Business Associate Professor recognized for original research Published August 08, 2017 San Diego (August 8, 2017)

The American Institute of CPAs (AICPA) today announced that Panos N. Patatoukas has won the 2017 Notable Contributions to Accounting Literature Award, an AICPA-sponsored honor presented at the American Accounting Association Annual Meeting. Patatoukas was recognized for his article, “Customer-Base Concentration: Implications for Firm Performance and Capital Markets,” which appeared in The Accounting Review in 2012. In addition to the award, Patatoukas received $2,500.

"Panos’ work demonstrates the importance of accounting research and the impact it can have on accounting education," said Steve Matzke, director, faculty & university initiatives at the AICPA. "His unique approach provides insight into capital markets and serves to advance the profession’s understanding of how these markets can operate more efficiently."

Patatoukas’ research concentrates on interdisciplinary capital markets, with a focus on resolving ways to bridge the gap between academics and accounting practitioners. His study investigates whether customer-base concentration affects supplier firm fundamentals and stock market valuation. He compiled a large sample of business-to-business links along the supply chain and provides evidence on the implications of customer-base structure for supplier firms. The evidence proves operating efficiencies may dominate weaknesses in dealing with major customers.

Patatoukas is an associate professor at Berkeley-Haas. He received his Ph.D., M.Phil. and M.A. from Yale University and his M.S. from the London School of Economics and Political Science. He graduated from Athens University of Economics and Business summa cum laude and valedictorian of his class with a B.A. in accounting and finance. Among his accomplishments, he received the Earl F. Cheit Outstanding Teaching Award, the highest teaching award bestowed by Berkeley-Haas, twice, first in 2012 and then again in 2015. He was also selected as a top 10 business school professor under 40 by Fortune Magazine. The Notable Contributions to Accounting Literature Award is given annually to work which has withstood a rigorous process of screening and scrutiny based on certain criteria, such as originality, breadth of potential interest, soundness of methodology and potential impact on accounting education.

To learn more about the Notable Contributions to Accounting Literature Award, visit the American Institute of CPAs.