Skogsvik, Kenth

    Kenth Skogsvik has a PhD in Accounting from Stockholm School of Economics and joined the Accounting Department at the school in 1988. Over the period 1994 - 2021 he was holder of the KPMG Chair in Financial Accounting and Corporate Finance. Since 2021 he is professor emeritus at Stockholm School of Economics.                                                  His research interests are concerned with bankruptcy prediction, firm and equity valuation, and stock market efficiency.

Ongoing research:

• Bankruptcy risk in equity valuation and market pricing.
• The association between leverage and cost of capital.
• The economics of "intentional business misconduct".

Selected publications:

• "A Note on Accounting Conservatism in Residual Income and Abnormal Earnings Growth Equity Valuation" (with B. Juettner-Nauroth), British Accounting Review, 2013.
• "On the Choice Based Sample Bias in Probabilistic Bankruptcy Prediction" (with Stina Skogsvik), Investment Management and Financial Innovation, 2013.
• "The Abnormal Earnings Growth Model, Two Exogenous Discount Rates, and Taxes" (with P. Jennergren), Journal of Business Finance and Accounting, 2011.
• "Accounting-Based Probabilistic Prediction of ROE, the Residual Income Model, and the Assessment of Mispricing in the Swedish Stock Market" (with S. Skogsvik), ABACUS, 2010.
• "P/E-ratios in Relative Valuation - A Mission Impossible?" (with S. Skogsvik), Investment Management and Financial Innovation, 2008.
• "Conservative Accounting Principles, Equity Valuation and the Importance of Voluntary Disclosures", British Accounting Review, 1998.
• "Current Cost Accounting Ratios as Predictors of Business Failure: The Swedish Case", Journal of Business Finance & Accounting, 1990.