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Dr. Cecilia Ricci


Professor | Accounting & Finance | Feliciano School of Business

Email: riccic@mail.montclair.edu

Telephone: 9736557657

Office: Feliciano School of Business, 352

Biography

Cecilia Wagner Ricci is a full professor in the Department of Accounting & Finance, teaching courses in investments, working capital management, and mergers and acquisitions. She also teaches the capstone course, the Seminar in Finance.

Before joining Montclair State, Dr. Wagner Ricci spent twenty years at Seton Hall University, the last several as a full professor in the Finance and Legal Studies department. In addition, she was a Visiting Professor at the University of International Business and Economics in Beijing, China, where she taught micro and macroeconomics to first year graduate students, and financial decision-making in American corporations to third year undergraduates.

In addition, Dr. Ricci was a consultant with the Princeton Consulting Group for many years, specializing in the areas of spreadsheet applications and finance for nonfinancial managers for clients such as AT&T, the World Trade Institute, the NJ Society of CPA's, PSE&G, and the American Institute of Banking.

Dr. Wagner Ricci’s academic research focuses on three areas of corporate finance: growth through acquisitions in publicly held companies, the practice of working capital management and methods through which companies manipulate their working capital, and the impact of U.S. laws and regulations on publicly held corporations. Her research on the unintended consequences of the Telecommunications Act of 1996 and the subsequent mismanagement of vendor financing has been cited in The Wall Street Journal, The New York Times, Investor’s Business Daily, Fortune, Forbes, and Newsweek, among others.

Dr. Ricci completed her doctoral coursework at New York University, and became the first foreigner to receive a Ph.D. in business from the University of Business and Economics in Beijing, China. She received an MBA in finance from Seton Hall University, and a BA in Political Science from The State University of New York College at Brockport. She also holds an associate degree from Endicott College in Massachusetts.

Education

  • Ph D, International Economics, 1988, University of International Business and Economics

Refereed Publications

  • Ricci C., (2014). An Analysis of Earnings Manipulation via Inventory in Companies Sanctioned by the SEC. . Journal of Applied Financial Research.1 (pp. 25-36).
  • Ricci C., (2012). Sector Variations in the Total Asset Turnover/Operating Profit Margin Relationship. . Journal of Financial and Economic Practice.12 (3). (pp. 64-74).
  • Ricci C., (2011). Manipulating Receivables: A Comparison Using the SEC’s Accounting and Auditing Enforcement Releases. . Journal of Applied Business and Economics.12 (5). (pp. 35-44).
  • Ricci C., (2010). "Growth through Acquisition: The Case of Tyco". Austin, TX. Perspectives in Business.7 (1). (pp. 15-21).
  • Ricci C., (2009). Ex Post Analysis of Bad Debt Write-offs: The Case of the S&P 500. . Journal of Contemporary Business Issues.16 (2). (pp. 49-58).
  • Ricci C., (2008). "Upward Trending Days Payable Outstanding: A Cause for Pause?". Columbia, MD. Credit and Financial Management Review.14 (4). (pp. 23-30).
  • Ricci C., (2007). Income Taxes and Dividend Payouts: the Case of the Russell 2000. . Journal of Business and Economic Perspectives.33 (1).
  • Ricci C., (2006). The Legs of a Giant: Financial Effects of the 1984 AT&T Divestiture. . Journal of Applied Business and Economics.6 (1).
  • Ricci C., (2004). Impacts of a Professor's Knowledge of Students' Names: a Study of Undergraduate Finance Majors. . Journal of Excellence in College Teaching.15 (3).
  • Ricci C., (2004). The Use of Manditorily Redeemable Preferred Stock by the S&P 500. . of Contemporary Business Issues.12 (1).
  • Ricci C., (2004). The Use of EBITDA by the S&P 500: A Survey. . Journal of Contemporary Business Issues.12 (1).
  • Ricci C., (2003). Bankruptcy Prediction: the Case of the CLECS. . Mid-American Journal of Business.18 (1).
  • Ricci C., (2003). Growth through Acquisition in the Telecommunications Equipment Industry. . Journal of Business Disciplines.4 (1).
  • Ricci C., (2002). The Relationship Between EBITDA and Operating Cash Flows: The Case of the S&P 500. . Central Business Review.21 (2).
  • Ricci C., (2001). Vendor Financing: Telecom Bomb. . Journal of Business & Economic Perspectives.
  • Ricci C., (2000). International Working Capital Practices in the US and the UK: A Comparison. . European Financial Management.6 (1).
  • Ricci C., (). Internal Financial Impacts of the SEC’s Accounting and Auditing Enforcement Releases. Martin, TN. Journal of Business and Economic Perspectives.39 (1). (pp. 7-17).

Research

  • "The Detection of Earnings Management in American Micro-cap Companies" is under review at the Journal of Contemporary Business Issues.
  • Can the ratios used to identify earnings management in large corporations be used for small corporations
  • The differences and similarities between companies sanctioned by the SEC and those not sanctioned.