Terry O'Keefe

Professor Terry O'KEEFE

Contact

Positions Held

Professor of Accounting

Academic Qualifications

Major Research Grants

Publications

Refereed Publications

• Lee, H.; T. O'Keefe, and M. Stein. Client Characteristics, Abnormal Accruals and Auditor Switches: An Empirical Study. Asia- Pacific Journal of Accounting and Economics, Vol 10, No 1, June 2003.
• R. J. Lundholm and T. B. O'Keefe. On Comparing Residual Income and Discounted Cash Flow Models of Equity Valuation: A Response to Penman 2001. Contemporary Accounting Research, Winter, 2001.
• R. J. Lundholm and T. B. O'Keefe. Reconciling Value Estimates from the Discounted Cash Flow Model and the Residual Income Model. Contemporary Accounting Research, Summer, 2001.
• Barron, O., C. Kile, and T. O'Keefe, "MD&A Quality as Measured by the SEC and Analysts' Earnings Forecasts, "Contemporary Accounting Research, Spring, 1999.
• Barron, O., C. Kile, and T. O'Keefe, "High Quality Management Discussion and Analysis, Investors Relations Quarterly, Summer, 1998. (Invited by an member of the editorial board member, so a much abbreviated process)
• G. Colbert and T. O'Keefe, "Compliance with GAAS Reporting Standards and Time, Client Type, and Audit Firm Size: Evidence from a Positive Enforcement Program," Auditing: A Journal of Practice and Theory, Fall, 1995.
• T. O'Keefe, D. Simunic and M. Stein, "The Production of Audit Services: Evidence from a Major Public Accounting Firm," Journal of Accounting Research, Fall 1994.
• T. O'Keefe, R. King, and K. Gaver , "Audit Fees, Industry Specialization, and Compliance with GAAS Reporting Standards," Auditing: A Journal of Practice and Theory, Fall 1994.
• M. Stein, D. Simunic, and T. O'Keefe, "Industry Differences in the Production of Audit Services," Auditing: A Journal of Practice and Theory , Auditing Symposium Supplement, 1994.
• R. Barefield, J. Gavcr, and T. O'Keefe, "Additional Evidence on the Economics of Attest: Extending Results from the Audit Market to the Market for Compilations and Reviews," Auditing: A Journal of Practice and Theory, Spring 1993.
• T. O'Keefe and P. Westort, "Conformance to GAAS Reporting Standards in Municipal Audits and the Economics of Auditing: The Effects of Audit Firm Size, CPA Examination Performance, and Competition," Research in Accounting Regulation, JA1 Press, 1992.
• R. King and T. O'Keefe, "Belief Revision from Hypothesis Testing," Journal of Accounting Literature, Volume 8, 1989.
• K. Nathan and T. O'Keefe, "The Rise in Takeover Premiums: An Exploratory Study," Journal of Financial Economics, June 1989.
• T. O'Keefe and P. Homer, "Cost Effective Survey Research Methods: Foot-In-Door and Prepaid Monetary Incentives," Journal of Business Research, Volume 15, 1987.
• T. O'Keefe, "Financial Statement Analysis in Introductory Financial Accounting for MBAs," Journal of Accounting Education, Spring, 1986.
• R. King and T. O'Keefe, "Lobbying Activity and Insider Trading," The Accounting Review, January, 1986.
• T. O'Keefe and R. Barefield, "Purchase of Accounting Services in the Small Private Firm Market," DePaul University Research Symposium, September 1985, (written comments by panel discussants also published).
• T. O'Keefe and S. Soliman, "Do Managers Believe the Efficient Market Hypothesis? Additional Evidence," Accounting and Business Research, Spring, 1985.
• T. O'Keefe and R. Batefield, "Sunset Review and Regulation of the Accounting Profession of States", Western Tax Review, Fall, 1983.
• L. Gibson J. Barr, and T. O'Keefe, "Measuring the Community Economic Base: A Comparative Analysis," AIDC Journal, July 1975.
• T. O'Keefe and J. Baum, "Equal Education Opportunity for Vocational Education: A State Supported Loan Program," Industrial Relations Research Association Proceedings, 1971, (written comments by panel discussants also published).
• J. Carlson and T. O'Keefe, "Buffer Stocks and Reaction Coefficients: An Experiment with Decision-Making Under Risk," The Review of Economic Studies, October, 1969.

Non-refereed Publications

• G. Castner, C. Ferguson, T. O'Keefe. Use of Information Technology by Audit Firms, funded and electronically published by The Institute of Chartered Accountants in Australia, December 2001.
• G. Castner, C. Ferguson, T. O'Keefe. Audit Technology Project. Charter, December 2000. Charter is the monthly journal of the Institute of Chartered Accountants in Australia.
• T. O'Keefe, "Compliance with GAAS: Evidence from Positive Enforcement Programs," The Oregon Certified Public Accountant, May 1995.

Working Papers

• L. Courteau, J. Kao, T. O'Keefe, G. Richardson. Relative Accuracy and Prediction Ability of Direct Valuation Methods, PE Models and a Hybrid Approach. Working Paper, University of Queensland, June 2005.
• T. O'Keefe, S. Holmes, C. Ferguson, J. Hall. The Effects of Audit Engagement Cost Variances by Type upon Realization Rates. Working paper, University of Queensland, May 2005.

Dissertation

• Variance Dependent Production Decision Rules, Purdue University, 1970.

Refereed Presentations

• National meetings of the American Accounting Association (81, 83, 88, 90, 92, 98).
• Mid-year meetings of the Auditing Section of the American Accounting Association (1998)
• Western meetings of the American Accounting Association (81, 85, 86, 87).
• Other Overseas
• Asian Pacific Finance Association Conference (1996)
• Accounting Association of Australia and New Zealand, Melbourne, 1989, 1999.
• Asian Finance Association Meetings, Singapore, November 1989, Taipei, 1996.

Technical Reports

• T. O'Keefe, and G. Colbert, "Conformance to Generally Accepted Auditing Standards for Reporting by Accounting Firms Licensed in Oregon", August 1988.
• T. O'Keefe, P. Kolbe, and W. Towler, "Methodology for the Tucson Housing Market Study", financed by the Pima County Real Estate Council, January 1978.
• T. O'Keefe, P. Kolbe, R. Ritchey, and W. Towler, "An Evaluation of the Southern Arizona Tourism Incentive Program", financed through the Arizona Office of Tourism, by the Four Comers Regional Commission, September 1977.
• Lay James Gibson, Joseph E. McClure, Terrence B. O'Keefe, Victor Rotems, Gerald J. Swanson, and John T. Wenders, "An Economic Development Strategy for Bisbee, Arizona", financed through the City of Bisbee, Arizona, by the Economic Development Administration, U.S. Department of Commerce, December 1975.
• L.J. Gibson, I.E. Wert, and T.B. O'Keefe, "Evaluating the Public Cost of a Large Scale Development Project", financed by the Office of Economic Planning and Development, State of Arizona, September 30, 1975.
• Terrence B. O'Keefe, "Propriety School Census", HEW Financed Project 71-024-005 entitled Improving Education Opportunity, June 7, 1974.
• J.L. Bart, L.J. Gibson, and T.B. O'Keefe, "Local Economic Impact Analysis: A Case Study in Casa Grande, Arizona, Including a Methodology Handbook", finance by the Four Comers Regional Commission Office of Regional Coordination, U.S. Department of Commerce, May 30, 1974.
• Terrence B. O'Keefe, "Costs and Effects of Vocational Loan Programs", Part I, HEW Finance Project 70-024-010 entitled "Improving Educational Opportunity", July 13, 1973.
• Terrence B. O'Keefe and Donald Swenson, User's Manual: "State Loan Model", Final Report, Part II, HEW Financed Project 70-024-010 entitled "Improving Educational Opportunity", March 1973.
• J.F. Baum, T.B. O'Keefe and J.C. Ullman, "Public Employment Service Views of the Effectiveness of Executive Order 11598: An Interview Study", Purdue University, financed by the Manpower Administration, Department of Labor, March 1973.
• I.C. Ullman, I.F. Baum, G.P. Huber, and T.B. O'Keefe, The Effect of Executive Order 11598 on the Labor Market Role and the Public Employment Service: A Pilot Study, Purdue University, financed by the Manpower Administration, Department of Labor, October 1972.

Research Interests

• Corporate and Investment Valuation
• Accounting Policy Choice

Academic Cluster

Accounting and Accountability