Edward Maydew

Employment

University of North Carolina at Chapel Hill, Kenan-Flagler Business School

David E. Hoffman Distinguished Professor of Accounting

(permanent chair 2006 - present; term chair 2003 - 2006).

Chair of Accounting Area, 2003 - 2006.

Director of Research, UNC Tax Center, 2003 - present.

Professor of Accounting, 2003 - present.

Associate Professor of Accounting, 1999 - 2003.

Cornell University, Johnson School of Business

Visiting Professor of Accounting, occasional, 2007 - 2012.

University of Chicago, Graduate School of Business

Assistant Professor of Accounting, 1995 - 1999.

University of Iowa, College of Business Administration

Visiting Assistant Professor of Accounting, 1993 - 1994.

Teaching and Research Assistant, 1989 - 1993.

Price Waterhouse & Co.

Tax Associate, Chicago, 1987 - 1989.

Education

University of Iowa, PhD, December 1993.

DePaul University. Graduate tax courses while working for Price Waterhouse & Co.

Iowa State University, BBA with Honors and High Distinction (Acct.), May 1987.

Certified Public Accountant, Iowa, Inactive.

Book

Scholes, Myron, Mark Wolfson, Merle Erickson, Edward Maydew, and Terry Shevlin, 2009, Taxes and Business Strategy: A Planning Approach, 4^th edition, Pearson/Prentice Hall.

Publications

Landsman, Wayne R., Edward L. Maydew, and Jacob R. Thornock, 2011, The Information Content of Annual Earnings Announcements and Mandatory Adoption of IFRS, Journal of Accounting and Economics, Forthcoming.

Dyreng, Scott D., Michelle Hanlon, and Edward L. Maydew, 2010, The Effects of Executives on Corporate Tax Avoidance, The Accounting Review 85, 1163-1189.

Hanlon, Michelle, and Edward L. Maydew, 2009, Book-Tax Conformity: Implications for Multinational Firms, National Tax Journal 62, 127-53.

Hanlon, Michelle, Edward L. Maydew, and Terry Shevlin, 2008, An Unintended Consequence of Book-Tax Conformity: A Loss of Earnings Informativeness, Journal of Accounting and Economics 46, 294-311.

Dai, Zhonglan, Edward Maydew, Douglas A. Shackelford, and Harold Zhang, 2008, Capital Gains Taxes and Asset Prices: Capitalization or Lock in?, Journal of Finance 63, 709-742.

Dyreng, Scott D., Michelle Hanlon, and Edward L. Maydew, 2008, Long-Run Corporate Tax Avoidance, The Accounting Review 83, 61-82.

Maydew, Edward L., 2007, Discussion of Tax Incentives on Equity and Firms Cost of Capital: Evidence from the Quebec Stock Savings Plan, Contemporary Accounting Research 24, 825-828.

Maydew, Edward L., and Douglas A. Shackelford, 2007, The Changing Role of Auditors in Corporate Tax Planning, in Taxing Income in the 21st Century, Joel Slemrod and Alan Auerbach, editors, University of Michigan Office of Tax Policy Research / University of California at Berkeley Burch Center, Cambridge University Press, 307-337.

Erickson, Merle, Michelle Hanlon, and Edward L. Maydew, 2006, Is There a Link Between Executive Equity Incentives and Accounting Fraud?, Journal of Accounting Research 44, 85-112.

Maydew, Edward, 2005, Discussion of Firms Off-Balance Sheet and Hybrid Debt Financing: Evidence from Their Book-Tax Reporting Differences, Journal of Accounting Research 43, 283-290.

Erickson, Merle, Michelle Hanlon, and Edward L. Maydew, 2004, How Much Will Firms Pay For Earnings That Do Not Exist? Evidence of Taxes Paid on Allegedly Fraudulent Earnings, The Accounting Review 79, 387-408.

Edwards, Courtney H., Mark H. Lang, Edward L. Maydew, and Douglas A. Shackelford, 2004, Bringing Down the Other Berlin Wall: Germanys Repeal of the Corporate Capital Gains Tax, Journal of the American Taxation Association 26, 73-97.

Goolsbee, Austan, Merle Erickson, and Edward Maydew, 2003, How Prevalent is Tax Arbitrage? Evidence from the Market for Municipal Bonds, National Tax Journal 56, 153-166.

Maydew, Edward, 2003, Discussion of Evidence on the Possible Information Loss of Conforming Book Income and Taxable Income, Proceedings of the 2003 Illinois Tax Research Symposium.

Goolsbee, Austan, and Edward Maydew, 2002, Taxes and Organizational Form: The Case of REIT Spin-offs, National Tax Journal 55, 441-456.

Landsman, Wayne R., and Edward L. Maydew, 2002, Has the Information Content of Quarterly Earnings Announcements Declined in the Past Three Decades?, Journal of Accounting Research 40, 797-808.

Maydew, Edward L., 2001, Empirical Tax Research in Accounting: A Discussion. Journal of Accounting and Economics 31, 389-404.

Goolsbee, Austan, and Edward L. Maydew, 2000, Coveting Thy Neighbors Manufacturing: The Dilemma of State Income Apportionment, Journal of Public Economics 75, 125-143.

Maydew, Edward L., 2000, Discussion of The Effects of Goodwill Tax Deductions on the Market for Corporate Acquisitions, Journal of the American Taxation Association 22, 51-53.

Goolsbee, Austan, Edward Maydew, and Michael Schadewald, 2000, What Would Happen if Wisconsin Adopted a Single-Factor Sales Apportionment Formula?, State Tax Notes, March 13, 833-839.

Engel, Ellen, Merle Erickson, and Edward Maydew, 1999, Debt-Equity Hybrid Securities, Journal of Accounting Research 37, 249-274. Winner of the American Taxation Association Outstanding Manuscript Award, 2002.

Maydew, Edward L., Katherine Schipper, and Linda Vincent, 1999, The Impact of Taxes on the Choice of Divestiture Method, Journal of Accounting and Economics 28, 117-150.

Francis, Jere R., Edward L. Maydew, and H. Charles Sparks, 1999, The Role of Big 6 Auditors in the Credible Reporting of Accruals, Auditing: A Journal of Practice and Theory 18, 17-34. Winner of the Notable Contributions to the Auditing Literature Award, 2007.

Erickson, Merle M., and Edward L. Maydew, 1998, Implicit Taxes in High Dividend Yield Stocks, The Accounting Review 73, 435-458.

Mills, Lillian, Merle M. Erickson, and Edward Maydew, 1998, Investments in Tax Planning, Journal of the American Taxation Association 20,1-20.

Collins, Daniel W., Edward L. Maydew, and Ira S. Weiss, 1997, The Value-Relevance of Earnings and Book Values over the Past Forty Years, Journal of Accounting and Economics 24, 39-67.

Guenther, David A., Edward L. Maydew, and Sarah E. Nutter, 1997, Financial Reporting, Tax Costs, and Book-Tax Conformity, Journal of Accounting and Economics 23, 225-248. Winner of the American Taxation Association Outstanding Manuscript Award, 1999.

Maydew, Edward L., 1997, Tax-Induced Earnings Management by Firms with Net Operating Losses, Journal of Accounting Research 35: 83-96. Winner of the American Taxation Association/Price Waterhouse Doctoral Dissertation Award, 1994.

Maydew, Edward L., 1996, Discussion of LIFO Adoption and the Tax Substitution Effect, Journal of the American Taxation Association 18, 32-34.

WORKING PAPERS

Hanlon, Michelle, Edward L. Maydew, and Jacob R. Thornock, 2011, Taking the Long Way Home: Offshore Investments in U.S. Equity and Debt Markets and U.S. Tax Evasion, Working paper, Massachusetts Institute of Technology, University of North Carolina, and University of Washington.

Dyreng, Scott, Michelle Hanlon, and Edward L. Maydew, 2011, Where Do Firms Manage Earnings?, Working paper, Duke University, Massachusetts Institute of Technology, and University of North Carolina.

Gallemore, John, Edward L. Maydew, and Jacob R. Thornock, 2012. The Reputational Costs of Tax Avoidance and the Under-Sheltering Puzzle, Working paper, University of North Carolina and University of Washington.

Editorial Boards and Reviewing

Associate Editor, Journal of Accounting and Economics, 2000 - present.

Editorial Board, Journal of Accounting Research, 2010 - present.

Editorial Board, The Accounting Review, 2005 - present.

Editorial Board, Review of Accounting Studies, 2004 - present.

Editorial Board, Journal of the American Taxation Association, 1997 - 2000, 2005 - 2008.

Editorial Board, Accounting Horizons, 2004.

Ad hoc Special Editor for: National Tax Journal, and Journal of the American Taxation Association.

Ad hoc reviewer for: Journal of Finance, Contemporary Accounting Research, Journal of Accounting Auditing, and Finance, Journal of Business, Journal of Political Economy, Journal of Public Economics, and National Tax Journal.

Awards, Honors, Grants, and Fellowships

Weatherspoon Award for Excellence in MAC Teaching, 2011, University of North Carolina.

MBA Program All Star Award, 2011.

Weatherspoon Award for Excellence in PhD Teaching, 2010, University of North Carolina.

Weatherspoon Award for Excellence in MBA Teaching, 2009, University of North Carolina.

Referee of the Year, National Tax Journal, Co-winner, 2007.

Notable Contributions to the Auditing Literature Award, American Accounting Association, 2007.

International Tax Policy Forum, research grant, 2006.

Named as one of the top professors at the University of North Carolina in Business Weeks Guide to the Best Business Schools, 9^th ed., 2005.

Distinguished Visiting Faculty, American Accounting Association/Deloitte & Touche/J. Michael Cook Doctoral Consortium, 2003.

Outstanding Role Model, Henry and Felicite Latane Ph.D. Student Banquet, 2003.

Distinguished Resident Faculty, American Accounting Association/Deloitte & Touche/J. Michael Cook Doctoral Consortium, 2002.

American Taxation Association Outstanding Manuscript Award, 2002.

Outstanding MAC Faculty, Class of 2002, University of North Carolina.

Weatherspoon Award for Excellence in MAC Teaching, 2001, University of North Carolina.

Named as one of the top professors at the University of North Carolina in Business Weeks Guide to the Best Business Schools, 7^th ed., 2001.

Named as one of the top professors at the University of Chicago in Business Weeks Guide to the Best Business Schools, 6^th ed., 1999.

American Taxation Association / Arthur Andersen Teaching Innovations Award, co-winner, 1999.

American Taxation Association Outstanding Manuscript Award, 1999.

Price Waterhouse Fellowship in Tax, 1998.

Ernst & Young Foundation Tax Research Grant, 1996 - 1997.

FMC Scholar, Graduate School of Business, University of Chicago, 1995 - 1996.

American Taxation Association/Price Waterhouse Doctoral Dissertation Award, 1994.

American Accounting Association Doctoral Consortium Fellow, 1992.

Big 10 Doctoral Consortium Fellow, 1990.

Deloitte & Touche Doctoral Fellowship, 1991.

Ponder Trust Scholarship, 1989 - 1991.

Presentations

16th Annual Conference on Financial Economics and Accounting, 2005.

American Accounting Association Annual Meeting, 1998, 2000.

American Accounting Association Doctoral Consortium, 2003.

American Finance Association Annual Meeting, 1998.

American Tax Policy Institute, 2006.

American Taxation Association Doctoral Consortium, 2007.

American Taxation Association Mid-Year Meeting, 1995.

Arizona State University, 2009.

Baker & McKenzie, 2006, 2007.

Baruch College, CUNY, 2000.

Boston Accounting Research Colloquium, Bentley College, 2004.

Brigham Young University, 2002.

Columbia University, 1995, 2005.

Contemporary Accounting Research Conference, 2005.

Cornell University, 1997, 2008.

Duke University, 1994.

Duke University/University of North Carolina, 1996, 1998.

European Accounting Association, Annual Congress, 2007, 2010, 2011.

European Institute for Advanced Studies in Management, Keynote speaker, 2011.

Florida State University, 2010.

Georgetown University Law Center, 2001.

Georgia State University, 2000.

Harvard Business School, 1998.

IE Business School (Spain), 2009.

Indiana University, 1994.

Internal Revenue Service, 2011.

International Tax Policy Forum, 2006.

Iowa State University, 1996.

Journal of Accounting and Economics Conference, 2000.

Journal of the American Taxation Association Conference, 1996, 2000.

London Business School, 2003.

Massachusetts Institute of Technology, 1999.

Michigan State University, 1997.

National Bureau of Economic Research, 2006.

National Tax Association 90th Annual Conference on Taxation, 1997.

National Tax Association Spring Symposium, 2002.

Northwestern University, 1994, 2002.

Ohio State University, 2000.

Pennsylvania State University, 1997.

Stanford University, 1994, 1997, 2002.

Texas A&M University, 2011.

The Brattle Group, 2006.

United States Senate, Permanent Subcommittee on Investigations, Staff briefing, 2011.

University of Arizona, 1995.

University of British Columbia, 1996.

University of California at Berkeley, 2003.

University of California at Los Angeles, 2003.

University of Chicago, 1994, 1997, 2002, 2010.

University of Colorado, 2002.

University of Georgia, 2000.

University of Illinois Tax Symposium, 2003.

University of Iowa, 1997, 1998, 2006.

University of Michigan, 1996.

University of Michigan, Tax Policy Research Symposium, 1995.

University of Missouri, 1996.

University of Mnster, Germany, 2011.

University of North Carolina Tax Symposium, 1999, 2002.

University of Pennsylvania (Wharton), 1994, 1998, 2007.

University of Rochester, 1994.

University of Southern California, 1999.

University of Texas, 1998.

University of Toronto, 2011.

University of Washington, 1996.

University of Wisconsin, 1997.

Washington University, 1994, 2005.

Yale University, 1994, 2010.