Dr. Gary Kleinman

Associate Professor | Accounting and Finance | Feliciano School of Business
Location: 361
Telephone: 973-655-5442
Fax: 845-875-9865
Email: kleinmang@montclair.edu

Biography

Dr. Gary Kleinman is an Associate Professor of Accounting. In the course of his career teaching Accounting, he has taught courses in Auditing, Information Technology Auditing, Forensic Accounting, Intermediate Accounting, Advanced Accounting, and Financial and Managerial Accounting. His principles areas of research are mainly in the areas of auditor independence, individual and group decision making in auditing, international accounting research, and standard setting in accounting. Prior to the School of Business, he taught at the Touro Graduate School of Business, and as the Pricewaterhouse Coopers Professor of Forensic Accounting for the Rutgers School of Business.

Dr. Kleinman has co-authored two books, one an academic book on auditor-client relationships and the other in PCAOB and SEC rules for auditing. Dr. Kleinman holds a PhD in Management, MBA in Finance and BA in Economics from Rutgers University. He has also co-authored over 30 refereed journal articles.

Expertise

Auditor independence, auditor-client relationships; international auditing regulation.

Education

  • Ph D, Management, 1992, Rutgers State University of New Jersey
  • MBA, Finance, 1982, Rutgers State University of New Jersey
  • BA, Economics, 1980, Rutgers State University of New Jersey

Professional Experience

  • Part-Time Lecturer, Rutgers Business School. (January 2011 - Current).
  • Visiting International Scholar, Soochow University (Taipei, Taiwan). (May 2015 - May 2015).
  • Part-Time Lecturer; PwC Professor of Forensic Accounting, Rutgers Business School. (May 2006 - 2010).
  • Professor of Accounting, Touro College, Graduate School of Business. (2006 - 2010).
  • Professor of Accounting, Robert Morris University. (2005 - 2006).
  • Visiting Associate Professor, Kean University. (2004 - 2005).

Consulting

  • Training/Education, Rutgers University, Newark, NJ. (July 2011 - August 2011). Developed outcomes and implemented learning assessment scheme for Summer 2011 graduate accounting classes.
  • Academic, Rutgers University, . ( - Present). - Consultant to Rutgers University Department of Accounting and Information Systems - Engaged to conduct course assessment design and implementation for AACSB purposes

Honors and Awards

  • University Authors (inclusion) 2016 , Montclair State University. (April 2016).
  • Bright Ideas Award for Audit Quality: A Cross-National Comparison of Regulatory Regimes , Stillman School of Business of Seton Hall and NJ Pro Foundation. (October 2015).
  • University Authors (inclusion) 2015 , Montclair State University. (April 2015).
  • University Authors (inclusion) 2011 , Montclair State University. (April 2011).
  • University Authors (inclusion) 2014 , Montclair State University. (April 2011).
  • Merit Increase , Robert Morris University.
  • Bright Ideas Award for The Use of Goal Programming to Improve the Efficiency of Audit Sampling. , Seton Hall University and NJ Pro. (October 2001).

Research

  • Development of a model of corporate governance/stakeholder interactions, tentatively titled, A Values-Based Approach to Understand Corporate Stakeholder Interactions. With A. Anandarajan and D. Palmon.
  • Development of one or more educational cases based on the purported Wirecard revenue fraud allegations. The cases have involve auditing, IFRS financial reporting, and international business management. With R. Bloch.<br>
  • The Impact of Critical Audit Matter Reporting on Analyst Forecast Dispersion and Forecast Accuracy: Evidence from Dual Listed Chinese Firms<br><br>Paper under development with Dr. Betsy Beixin Lin and Zhiyang Hu.

Refereed Published Articles

  • Lee, P., Kleinman, G., Kuei, C. Using Text Analytics to Apprehend Urban Sustainability Development.. Sustainable Development,
  • Kleinman, G., Strickland, P., Anandarajan, A. Why do Auditors Fail to Identify Fraud? An Exploration. Journal of Forensic and Investigative Accounting,
  • Andel, S., Kessler, S., Pindek, S., Kleinman, G., Spector, P. Is cyberloafing More Complex than we Originally Thought? Cyberloafing as a Coping Response to Worklplace Aggression Exposure. Computers in Human Behavior,
  • Kessler, S., Pindek, S., Andel, S., Kleinman, G., Spector, P. (2019). Information security climate and the assessment of information security risk among healthcare employees. Health Informatics Journal,
  • Kleinman, G., Lin, B., Bloch, R. (2019). Accounting enforcement in a national context: an international study. International Journal of Disclosure and Governance,
  • Lawrence, K., Kleinman, G., Lawrence, S. (2017). Predictive Analytical Model of the CEO Compensation of Major US Corporate Insurance Companies. Contemporary Perspectives in Data Mining, 3 pp. 41-48.
  • Kleinman, G., Lin, B. (2017). Audit Regulation in an International Setting: Testing the Impact of Religion, Culture, Market Factors and Legal Code on National Regulatory Efforts. International Journal of Disclosure and Governance, 14 (1), pp. 62-94.
  • Bloch, R., Kleinman, G., Peterson, A. (2017). Can Gown help Town? Exploring the “gap” between accounting practice and academia and providing a theory for why it exists. Advances in Public Interest Accounting, 20 pp. 23-61.
  • Shiang, C., Lee, P., Kleinman, G. (2017). Do Non-Staggered Board Elections Matter to Earnings Quality and the Value Relevance of Earnings and Book Value?. Review of Accounting and Finance, 16 (1), pp. 46-66.
  • Kleinman, G., Kuei, K., Lee, P. (2017). Using Formal Concept Analysis to Examine Water Disclosure in Corporate Social Responsibility Reports. Corporate Social Responsibility and Environmental Management, 24 (4), pp. 341-356.
  • Lawrence, K., Kleinman, G., Lawrence, S. (2016). Forecasting the Operating Income of Metlife. Advances in Business and Management Forecasting, 11 pp. 163-167.
  • Kleinman, G., Strickland, P., Anandarajan, A. (2016). The Accounting Court: Some Speculations on Why Not?. Group Decisions and Negotiations, 25 (4), pp. 62-94.
  • Coville, T., Kleinman, G. (2015). Independent Directors and Dividend Payouts in the Post Sarbanes-Oxley Era. Advances in Public Interest Accounting, 18
  • Kleinman, G., Palmon, D., Yoon, K. (2014). The Relationship of Cognitive Effort, Information Acquisition Preferences and Risk to Simulated Auditor-Client Negotiation Outcomes. Group Decisions and Negotiations, 24 (6), pp. 1319-1342.
  • Kleinman, G., Lin, B., Palmon, D. (2014). Audit Quality: Cross-National Comparison of Regulatory Regimes.. Journal of Accounting, Auditing and Finance, 29 (1), pp. 61-87.
  • Lawrence, K., Kleinman, G., Lawrence, S., Klimberg, R. (2013). Macro Econometric Models to predict the NAV of an asset allocation fund, VWELX. Advances in Business Management Forecasting/Emerald, 9 pp. 115-133.
  • Chin, C., Chen, Y., Lee, P., Kleinman, G. (2013). The Effects of Legal Protections and Control-Ownership Divergences on Investor Perceptions of Foreign Earnings. Journal of Financial Regulation and Compliance/Emerald, 21 (2), pp. 165-187.
  • Anandarajan, A., Kleinman, G., Palmon, D. (2012). Is NAS a Suitable Proxy for Auditor Independence in the Post SOX Period?. Research in Accounting Regulation, 24 (2), pp. 105-111.
  • Chin, C., Chen, Y., Lee, P., Kleinman, G. (2012). The Relationship of Development Status of Investee Countries and Investor Perceptions of Foreign Earnings. International Business and Economics Research, 11 (7), pp. 785-794.
  • Kleinman, G., Anandarajan, A., Palmon, D. (2012). Who’s to judge? Understanding issues of auditor independence vis à vis judicial independence. Accounting, Economics and Law: A Convivium, 2 (1), pp. ONLINE.
  • Kleinman, G., Anandarajan, A. (2011). The Impact of Cognitive Biases on Fraudulent Behavior: The Leeson Case. The International Journal of Behavioral Accounting and Finance, 2 (1), pp. 40-55.
  • Kleinman, G., Anandarajan, A. Inattentional blindness and its relevance to teaching forensic accounting and auditing.. Journal of Accounting Education, 29 (1), pp. 37-49.
  • Kleinman, G., Pai, D., Lawrence, K. Short-Term Predictions of the Total Medical Costs of California Counties. Advances in Business and Management Forecasting, 8 pp. 105-113.
  • Coville, T., Kleinman, G. (2011). Post Sarbanes-Oxley Changes in the Composition of Boards: Have they impacted spending for audit services?. International Journal of Disclosure and Governance, 9 (1), pp. 36-51.
  • Kleinman, G., Anandarajan, A., Medinets, A., Palmon, D. (2010). A Theoretical model of cognitive and related factors that affect perceived auditor independence. International Journal of Behavioral Accounting and Finance, 1 (3), pp. 239-267.
  • Lawrence, K., Pai, D., Kleinman, G. (2009). Bankruptcy Prediction in Retail Industry Using Logistic Regression. Applications of Management Science, 13 pp. 61-69.
  • Kleinman, G., Palmon, D. (2009). Procedural Instrumentality and Audit Group Judgement: An exploration of the impact of cognitive fallibility and ability differences. Group Decisions and Negotiations, 18 (2), pp. 147-168.
  • Chin, C., Chen, Y., Kleinman, G., Lee, P. (2009). Corporate Governance and Innovation: Evidence from Taiwan's Electronics Industry. Journal of Accounting, Auditing, and Finance, 24 (1), pp. 145-175.
  • Kleinman, G., Hossain, D. (2009). Issue networks, value structures and the formulation of accounting standards. Group Decisions and Negotiations, 18 (1), pp. 5-26.
  • Chan, K., Kleinman, G., Lee, P. (2009). The Impact of S-OX 404 on Internal Control Remediation. International Journal of Accounting and Information Management, 17 (1), pp. 53-65.
  • Anandarajan, A., Kleinman, G., Palmon, D. (2008). Auditor Independence Revisited: The Effects of SOX on Auditor Independence. International Journal of Disclosure and Governance, 5 (2), pp. 112-125.
  • Anandarajan, A., Kleinman, G., Palmon, D. (2008). Novice and Expert Judgement In The Presence of Going Concern Uncertainty: The influence of Heuristic Biases and Other Relevant Factors. Managerial Auditing Journal, 23 (4/5), pp. 345-366.
  • Chin, C., Lee, P., Wang, P., Kleinman, G. (2007). Does Innovation Matter to Conference Calls?. IEEE Transactions on Engineering Management, 54 (4), pp. 1-14.
  • Chin, C., Kleinman, G., Lee, P., Lin, M. (2006). Corporate Ownership Structure and Accuracy and Bias of Mandatory Earnings Forecast: Evidence from Taiwan. Journal of International Accounting Research, 5 (2), pp. 41-62.
  • Chin, C., Lee, P., Kleinman, G., Chen, P. (2006). IPO Anomalies and Innovation Capital. Review of Quantitative Finance and Accounting, 27 (1), pp. 67-91.
  • Wang, Y., Lee, P., Chin, C., Kleinman, G. (2005). The Impact of Financial Forecasts Regulation on IPO Anomalies: Evidence from Taiwan. Journal of Financial Regulation and Compliance, 13 (2), pp. 146-166.
  • Anandarajan, A., Goodman, L., Kleinman, G., Palmon, D. (2004). The International Implications of US Research on Going Concern Opinions. ICFAI Journal of Accounting Research, III (1), pp. 33-58.
  • Kleinman, G., Palmon, D., Lee, P. (2003). The Effects of Personal and Group Level Factors on the Outcomes of Simulated Auditor-Client Teams. Group Decisions and Negotiations, 12 pp. 57-84.
  • Lee, P., Kleinman, G. (2003). Statistical Choices and Apparent Work Outcomes in Auditing. Journal of Managerial Psychology, 18 (2), pp. 105-125.
  • Lawrence, K., Kleinman, G. (2001). Development and Implementation of a Freight Forecasting Model to Forecast Truck Flow Between NJ Counties Themselves and Between NJ and Other States. Advances in Business and Management Forecasting, 3 (1),
  • Lawrence, K., Kleinman, G. (2001). The Use of Goal Programming to Improve the Efficiency of Audit Sampling. Advances in Mathematical Programming and Financial Planning, 6 pp. 115-124.
  • Kleinman, G., Lawrence, K. (2001). Understanding the Economic and Demographic Factors Driving Freight Movement by Rail. Advances in Business and Management Forecasting, 3 pp. 37-43.
  • Kleinman, G., Palmon, D. (2000). A Negotiation-Oriented Model of Auditor-Client Relationships. Group Decisions and Negotiations, Winter 2000 pp. 17-45.
  • Kleinman, G. (2000). Decision-making differences between Big 6 and non-Big 6 auditing firms: The implications for the internal auditing function. Managerial Auditing Journal, 6 (6), pp. 295-305.
  • Kleinman, G. (2000). ). Investors’ Expectations and the Corporate Information Disclosure Gap: A Perspective. Research in Accounting Regulation, 14 pp. 1-20.
  • Kleinman, G., Anandarajan, A. (1999). The Usefulness of Off-Balance Sheet Variables as Predictors of Auditors’ Going Concern Opinions: An Empirical Analysis.
  • Lawrence, K., Lawrence, S., Kleinman, G. (1999). A Multicriteria Approach to Performance Measurement in Hospitals: A Data Envelopment Analysis Approach. Advances in Mathematical Programming and Financial Planning, 5 pp. 195-200.
  • Kleinman, G., Anandarajan, A., Lawrence, K. (1999). Defined contribution plans and pension planning: An empirical analysis. Journal of Pension Planning and Compliance, 24 (4), pp. 32-48.
  • Kleinman, G. (1999). The Accounting Education Change Assessment Process: A Research Report. Accounting Educators' Journal, 11 pp. 1-46.
  • Kleinman, G., Farrelly, G. (1999). The Work Values of Accounting Students. Journal of Appled Business Research, 15 (1), pp. 59-68.
  • Kleinman, G., Lawrence, K., Anandarajan, A. (1998). What makes successful defined benefit pension plans? An empirical look at pension plan characteristics. Journal of Pension Planning and Compliance, 15 (1), pp. 59-68.
  • Kleinman, G., Anandarajan, A., Lawrence, K. (1998). ). An Analysis of the Move Towards Defined Contribution Pension Plans: Are the Rewards Commensurate with the Risks?. Journal of Pension Planning and Compliance, 25 (2), pp. 61-89.
  • Kleinman, G., Farrelly, G. (1996). A comment on the accountability of the accounting profession. Journal of Applied Business Research, 12 (2), pp. 75-82.
  • Kleinman, G. (1995). Testing ethics: A research report. CPA Journal, pp. 51.
  • Kleinman, G., Hoffman, L. (1994). Individual and Group in Group Problem Solving: The Valence Model Redressed. Human Communications Research, 21 (1), pp. 36-59.

Books & Chapters Published

  • Lawrence, K., Kleinman, G., Lawrence, S. Forecasting the Net Asset value of a Mutual Fund (PRWCX). : Advances in Business and Management Forecasting.
  • Lawrence, K., Kleinman, G., Lawrence, S. (2015). Time Series Models to Predict the NAV of an Asset Allocation Mutual Fund VWELX. (pp. 2445-2460). : Handbook of Financial Econometrics and Statistics/Springer.
  • Lawrence, K., Kleinman, G., Lawrence, S. A Clustering Analysis of Five-Star Morningstar Ruled Moderate Asset Allocation Funds. IAP Publishing: Contemporary Perspectives in Data Mining.
  • Kleinman, G., Warren, J., Puncel, L. (2010). Knowledge Based Audits of Public Entities- A Guide to PCAOB and SEC Standards. New York, NY: Commerce Clearing House.
  • Kleinman, G., Palmon, D. (2001). Auditor-Client Relationships: A Multi-Faceted Analysis. Princeton, NJ: Markus Weiner, Inc..
  • Kleinman, G., Lawrence, K. (2000). Development of a Model and Decision Support System for Use in Forecasting Truck Freight Flows in the Continental United States. : National Center for Research in Transportation and Industrial Productivity.

Published Proceedings

  • Kleinman, G., Lin, B. (2015). Audit and Accounting Quality in an International Setting: Impact of Religion, Culture, Income and Legal Code on National Regulatory Efforts. Cherry Hill, NJ: Mid-Atlantic Regional Meeting, American Accounting Association. Refereed