Rate Professor Philip Brown

Professional Summary: Professor Philip Brown

Professor Philip Brown is a distinguished academic at the University of Western Australia (UWA), recognized globally for his pioneering contributions to accounting and finance research. With a career spanning several decades, he has significantly influenced the field through his work on capital markets, financial reporting, and accounting standards.

Academic Background and Degrees

Professor Brown holds advanced degrees in accounting and finance, including a PhD from the University of Chicago, one of the world’s leading institutions for economic and financial research. His academic training has provided a strong foundation for his extensive research career.

Research Specializations and Academic Interests

Professor Brown’s research primarily focuses on the intersection of accounting and capital markets. His work explores how financial information influences stock prices, the role of accounting standards in market efficiency, and the impact of corporate disclosures. He is widely regarded as a foundational figure in market-based accounting research.

Career History and Appointments

• Emeritus Professor, University of Western Australia, Perth, Australia (current position)
• Previously held academic positions at leading institutions in Australia and internationally
• Co-founder of the Accounting Research Journal and a key contributor to academic programs at UWA

Major Awards, Fellowships, and Honors

• Inducted into the Australian Accounting Hall of Fame (2010) for his contributions to the field
• Recipient of the Outstanding Contribution to Accounting and Finance Literature Award by the Accounting and Finance Association of Australia and New Zealand (AFAANZ)
• Recognized as a Fellow of the Academy of the Social Sciences in Australia

Key Publications

Professor Brown has authored numerous influential papers and articles that have shaped modern accounting research. Some of his notable works include:

• 'An Empirical Evaluation of Accounting Income Numbers' (1968, co-authored with Ray Ball) – a seminal paper published in the Journal of Accounting Research, widely credited with establishing the field of market-based accounting research
• Various articles on financial reporting and market efficiency in top-tier journals such as The Accounting Review and Journal of Business Finance & Accounting

Influence and Impact on Academic Field

Professor Brown’s groundbreaking 1968 paper with Ray Ball is often cited as the foundation of empirical accounting research, demonstrating the relationship between accounting earnings and stock price movements. His work has inspired generations of researchers and continues to underpin studies in financial reporting and capital markets. His contributions have also influenced accounting standard-setting and policy globally.

Public Lectures, Committees, and Editorial Contributions

• Delivered numerous keynote addresses and public lectures at international accounting and finance conferences
• Served on editorial boards of prestigious journals, including the Journal of Accounting Research
• Active member of professional bodies such as the Accounting and Finance Association of Australia and New Zealand (AFAANZ)