Shahrokh Saudagaran, Ph.D.

Professor, Gary E. and James A. Milgard Endowed Dean ; Graduate Faculty
Saudagaran, Shahrokh

Contact information

Dept: Milgard School of Business
Room: DOU 401D
Phone: 253-692-4580


  • Ph.D., University of Washington, 1986.
  • M.B.A., Iran Center for Management Studies, 1977.


Shahrokh M. Saudagaran is Gary E. and James A. Milgard Endowed Dean for the Milgard School of Business at the University of Washington Tacoma. He is Secretary General of the Asian Academic Accounting Association and Past President of the American Accounting Association's International Accounting Section (IAS). In 2002, the Japanese Association for International Accounting Studies awarded him a lifetime honorary membership in recognition of his contributions to international accounting. In 2004, he received the American Accounting Association's Outstanding International Accounting Educator award. In addition to receiving several teaching awards, Shahrokh has also been recognized for his research on the impact of accounting diversity on global capital markets, and financial reporting in emerging markets, particularly those in Asia. He has published extensively in the top international business, accounting, and finance journals. He has presented his research at conferences and universities worldwide including New York University, Stanford, the University of Washington, Australian National University, Macquarie University, University of New South Wales (Australia), Chubu University (Japan), the Hong Kong University of Science and Technology, Hong Kong Polytechnic University, Nanyang Technological University (Singapore), Chulalongkorn University (Thailand), Gadjah Madah University (Indonesia), the Norwegian School of Management, the Stockholm School of Economics (Sweden), and Warwick University (UK). He consults and teaches executive seminars in international accounting and finance for corporations in Asia, Europe, and the United States.

Shahrokh has served on the editorial boards of The Accounting Review, Accounting Horizons, and Issues in Accounting Education and as associate editor of the Journal of International Accounting Research. He currently serves as consulting editor of the International Journal of Accounting Auditing and Performance Evaluation, and on the editorial boards of several other journals. He is the sole author of International Accounting: A User Perspective - a textbook used in universities in over 20 countries. He is the editor of a reference book Asian Accounting Handbook: A User's Guide to the Accounting Environment in 16 Countries (Thomson International, 2005).

Shahrokh obtained his Ph.D. from the University of Washington (1986), his MBA from the Iran Center for Management Studies, and his Bachelor of Commerce from the University of Bombay. He was licensed as a CPA in Washington state. His previous academic positions were as the McCullough Professor of Accounting and Director of the International Business Studies Institute at Santa Clara University (1986-2000) and as the Arthur Andersen Centennial Professor and Head of the School of Accounting at Oklahoma State University (2000-2004).


International Accounting, Financial Reporting in Emerging Markets

Selected Publications: Books

  • SAUDAGARAN, SHAHROKH. International Accounting: A User Perspective, CCH-Wolters Kluwer, Third Edition 2009.
  • SAUDAGARAN, SHAHROKH, editor. Asian Accounting Handbook: A User¬ís Guide to the Accounting Environment in 16 Countries, Thomson International, 2005.

Selected Publications: Journal Articles

  • Value relevance of mark-to-market values of energy contracts under EITF Issue No. 98-10 (with Li Li Eng) Journal of Accounting & Public Policy, 2009, Vol 28 pp. 251-261.
  • Post Colonial Accounting Development and the Nexus of Domestic-Global Interests in Emerging Economies, (with Joselito Diga), Research in Accounting in Emerging Economies, 2007, Vol 7, pp.69-118.
  • Cultural Influences on Indigenous Users' Perceptions of the Importance of Disclosure Items: Empirical Evidence from Papua New Guinea, (with Ken Ngangan and Frank Clarke), Advances in International Accounting, 2005, Volume 18, pp.27-51.
  • Taxable Income Differences between Foreign and Domestic Controlled Corporations in Norway, (with John Christian Langli), European Accounting Review, 2004, Volume 13, No. 4, pp. 713-741.
  • An Empirical Examination of NYSE Stocks Voluntarily De-Listing from the Tokyo Stock Exchange, (with Somnath Das and Ranjan Sinha), Review of Accounting and Finance, 2004, Volume 3, No. 4, pp. 47-72.
  • The Accounting World Post Enron, Tyco, Vivendi, Worldcom, Xerox...: Reflections on Being Part of the Solution, Malaysian Accounting Review, 2003, Volume 2, pp. 2-12.
  • Investment Cash Flow Sensitivity and Access to Foreign Capital of Overseas Listed Indian Firms, (with Manoj Kumar and L.M. Bhole), Vikalpa - The Journal for Decision Makers, 2003, Volume 28, No. 1, pp. 47-59.
  • Effect of International Cross-Listings on Firm Returns and Beta: Evidence on Firms in Emerging Markets, (with Allan Hodgson and Robert Faff). Journal of Multinational Financial Management, 2002, Volume 12, No. 4, pp. 365-390.
  • Accuracy of Analysts' Earnings Forecasts: A Comparison of Non-US Cross-Listed Firms and US Multinationals, (with Somnath Das). Journal of International Accounting Research, 2002, Volume 1, pp. 61-74.

Current Research

  • Valuation Properties of Earnings, Book Value and Residual Income: The Case of Four Southeast Asian Countries.
  • The Informativeness of Earnings in Restated Financial Statements.

Honors and Awards

  • University of Washington Tacoma Gary E. and James A. Milgard Endowed Dean (2007- )
  • American Accounting Association Outstanding International Accounting Educator (2004)
  • University of Washington Tacoma Milgard Chair in Business (2004-2007)
  • Honorary Lifetime Membership in the Japanese Association for International Accounting Studies (2002)
  • Oklahoma State University Arthur Andersen Alumni Centennial Professor (2000-2004)
  • Santa Clara University Dean's Award for Outstanding Service (1999)
  • Santa Clara University Dean's Award for Outstanding Business School Professor (1998)
  • Best Paper Award at the Tenth Asian-Pacific Conference on International Accounting Issues for "Predictive Accuracy of Analysts' Earnings Forecasts: A Comparison of Non-US Cross-Listed Firms and US Multinationals" (1998)
  • Citation of Excellence for Highest Quality Rating by the Editorial Advisory Board, ANBAR Electronic Intelligence, U.K. for "Testing for Microstructure Effects of International Dual Listings Using Intraday Data" (1997)
  • Outstanding Paper Award at the American Accounting Association International Accounting Section Meeting for "A Review of Research on the Relationship between International Capital Markets and Financial Reporting by Multinational Firms" (1997)
  • Santa Clara University McCullough Professor of Accounting (1993-6)
  • American Accounting Association-Boeing Teaching Innovation Award (1993)
  • Santa Clara University Accounting Association Teacher of the Year Award (1992)
  • KPMG Peat Marwick Faculty Fellowship (1991-94)
  • Santa Clara University Undergraduate Teacher of the Year Award (1991)
  • KPMG Peat Marwick Research Fellowship (1989-91) (Ten Awarded Nationally)
  • American Accounting Association International Accounting Section Outstanding Dissertation Award (1987)
  • American Accounting Association Doctoral Fellowship (1983)


  • Academy of International Business
  • American Accounting Association
  • Asian Academic Accounting Association
  • European Accounting Association
  • International Association for Accounting Education & Research

Professional Service

  • Secretary General, Asian Academic Accounting Association (2000- )
  • President, American Accounting Association Int'l Accounting Section (1997-98)
  • Director, Int'l Finance Forum, Santa Clara University (1992-2000)
  • Director, Int'l Business Studies Institute, Santa Clara University (1994-2000)