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Professor Stephen Penman is the George O May Professor of Accounting and Morgan Stanley Dean Witter Research Scholar, Columbia University. He has published numerous papers on accounting and equity valuation and has received the AICPA/American Accounting Association Award for notable contributions to the literature. He is author of Financial Statement Analysis and Security Valuation, published in 2001 by Irwin/McGraw-Hill, for which he received the Wildman Medal. He serves as co-director of the Center for Excellence in Accounting and Security Analysis at the Columbia Business School and also managing editor of the Review of Accounting Studies (UGC A Journal).
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