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Dr. Silvia Romero


Associate Professor | Accounting & Finance | Feliciano School of Business

Email: romeros@mail.montclair.edu

Telephone: 9736555339

Office: Feliciano School of Business, 362

Biography

Born in Buenos Aires (Argentina)
PhD and MBA from Rutgers (2008)
Dissertation topic: Testing human factor tailored information reports for users with different cognitive characteristics.
Undergrad Studies: Universidad de Buenos Aires (Argentina)
BS and MS in Accounting (1982)
CPA in Argentina with 15 years of work experience in the profession

Areas of Expertise

Testing tailored information reports for uses with different cognitive characteristics
Corporate Social Responsibility Reporting
Uses of technology in audit engagements

Education

  • MBA, , 2008, Rutgers University
  • Ph D, Accounting Information Systems, 2008, Rutgers University

Refereed Publications

  • Lin B., Romero S., Jeffers A., Aquilino F., DeGaetano L., (2017). Are Sustainability Rankings Consistent Across Rating Agencies?. New York, NY. CPA Journal.
  • Romero S., Strauss J. R., Jeffers A., (2017). Accounting Information Systems - Crucial Frontier in Business Ethics. . International Journal of Data Analysis and Information Systems - Serials Publications.9 (1). (pp. 13-21).
  • Romero S., Lin B., Jeffers A., DeGaetano L., (2016). Sustainability Practices in European Versus U.S. Corporations - Is the Divide Getting Closer?. . International Journal of Data Analysis and Information Systems.
  • Fernandez-Feijoo B., Romero S., Ruiz S., (2016). The assurance market of sustainability reporting: What do Accounting firms do?. . Journal of Cleaner Production / Elsevier. (pp. Authors in alphabetical order).
  • Jeffers A., Romero S., Lin B., DeGaetano L., (2016). Ethical Implications of Sustainability Initiatives in Corporations. New Delhi. International Journal of Decision Sciences (IJDS).7 (1). (pp. 27-37).
  • Lin B., Romero S., Jeffers A., DeGaetano L., (2015). Sustainability Reporting Standards: Who should be in Charge?. Dallas, TX. Today's CPA.September 2015 (pp. 40-43).
  • Lin B., Jeffers A., Romero S., DeGaetano L., (2015). Sustainability (green) initiatives and company’s value – an examination of S&P 500 U.S. companies. . International Journal of Society Systems Science/Inderscience.7 (3). (pp. 181-197).
  • Romero S., Lin B., Jeffers A., DeGaetano L., (2014). A Comparison of Sustainability in European and U.S. Corporations. . International Journal of Data Analysis and Information Systems.6 (2). (pp. 81-90).
  • Fernandez-Feijoo B., Romero S., Ruiz S., (2014). Commitment to CSR Measured Through GRI: Factors Affecting the Behavior of Companies. . Journal of Cleaner Production / Elsevier.DOI: 10.1016/J.JCLEPRO.2014.06.034
  • Romero S., Fernandez-Feijoo B., Ruiz S., (2014). Perception of quality of Assurance Statements for Sustainability Reports. Emerald. Social Responsibility Journal.10 (3). (pp. 480-499).
  • Fernandez-Feijoo B., Romero S., Ruiz S., (2014). Effect of Stakeholders’ Pressure on Transparency of Sustainability Reports within the GRI Framework. . Journal of Business Ethics - Springer.122 (1). (pp. 53-63).
  • Vasarhelyi A. M., Romero S., (2014). Technology in Audit Engagements: a case study. . Managerial Auditing Journal / Emerald.29 (4).
  • Romero S., Lin B., Jeffers A., DeGaetano L., (2014). An Overview of Sustainability Reporting Practices. New York, NY. CPA Journal.84 (3). (pp. 68-71).
  • Jeffers A., Lin B., Romero S., DeGaetano L., (2014). Is It Time for Companies to Capitalize on Sustainability?. New York, NY. CPA Journal.84 (3). (pp. 6-10).
  • Alali F., Romero S., (2013). Benford’s Law: Analyzing a Decade of Financial Data. Sarasota, Florida. Journal of Emerging Technologies in Accounting.10 (pp. 1-39).
  • Alali F., Romero S., (2013). Characteristics of failed US commercial banks: An exploratory study. Hoboken, NJ. Accounting and Finance/Wiley.53 (4). (pp. 1149-1174).
  • Fernandez-Feijoo B., Romero S., Ruiz S., (2013). Women on Boards: Do they affect sustainability reporting?. Wiley. Corporate Social Responsibility and Environmental Management.DOI: 10.1002/csr. 1329
  • Husted S., Pinto J., Romero S., (2013). Elijah Watt Sells Award: A Study of Previous Winners. Littleton, Colorado. American Journal of Business Education.6 (2). (pp. 241-246).
  • Romero S., Fernandez-Feijoo B., (2013). Effect of Hofstede's cultural differences in CSR disclosure. Olney, Bucks. International Journal of Information Systems and Social Change.4 (1). (pp. 68-84).
  • Romero S., Gal G., Vasarhelyi A. M., Mock T., (2012). A Measurement Theory Perspective on Business Measurement. Sarasota, Fl. Journal of Emerging Technologies in Accounting.9 (pp. 1-24).
  • Romero S., (2012). Student's attitude towards on-line and hybrid accounting courses. . Review of Business Research.12 (5). (pp. 163-168).
  • Alali F., Romero S., (2012). The Use of the Internet for Corporate Reporting in the Mercosur (Southern Common Market) - The Argentina Case. Amsterdam. Advances in Accounting.28 (1). (pp. 157-167).
  • Vasarhelyi A. M., Romero S., Kuenkaikaew S., Littley J., (2012). Adopting Continuous Audit / Continuous Monitoring in Internal Audit. . ISACA Journal.3
  • Alali F., Romero S., (2012). Auditor Changes Before, During and Post-Section 203 of Sarbanes-Oxley Act. . Internal Auditing.27 (1). (pp. 25-30).
  • Fernandez-Feijoo-Souto B., Romero S., Ruiz-Blanco S., (2012). Measuring Quality of Sustainability Reports and Assurance Statements: Characteristics of the High Quality Reporting Companies. Olney, Bucks. International Journal of Society Systems Science.4 (1). (pp. 5-27).
  • Fernandez-Feijoo B., Romero S., Ruiz S., (2012). Does Board Gender Composition affect Corporate Social Responsibility Reporting. Radford, VA. International Journal of Business and Social Science.3 (1). (pp. 31-38).
  • Fernandez-Feijoo B., Romero S., Ruiz-Blanco S., (2011). Information systems for sustainability: Hofstede´s cultural differences in the perception of quality measure of sustainability reports. Wiesbaden. Enterprise information systems-Communications in Computer and Information Science.219 (1). (pp. 54-62).
  • Romero S., (2010). Auditor Independence: Third party hiring and paying auditors. Bingley. Euromed Journal of Business / Special Issue Contemporary Issues in accounting / Emerald.5 (3). (pp. 298-314).
  • Romero S., (2010). Question order effect of student quizzes – Evidence from two studies in introductory financial accounting courses. Jackson, MS. Review of Business Research.10 (5). (pp. 211-218).

Published Books

  • Jeffers A., DeGaetano L., Lin B., Romero S., (2014). Sustainable (Green) Initiatives in Corporations. (pp. 2426-2442). Hershey, PA. Encyclopedia of Business Analytics and Optimization.

Published Proceedings

  • Jeffers A., Romero S., (2016). Development of a Framework to Measure & Report Enviornmental Initiatives in U.S. Corporations (Abstract only). . American Accounting Association (AAA) Annual Conference. Refereed
  • Romero S., Lin B., Jeffers A., DeGaetano L., (2016). Sustainability Practices in European Versus U.S. Corporations - Is The Divide Getting Closer? (Abstract only). (pp. 1084-1085). Montclair, New Jersey. 14th International Conference of the Society for Global Business & Economic Development (SGBED) . Refereed
  • Lin B., Romero S., Jeffers A., Aquilino F., DeGaetano L., (2016). Sustainability Rankings - Are They Consistent Across Rating Agencies (Abstract only). (pp. 1082-1083). Montclair, New Jersey. 14th International Conference of the Society for Global Business & Economic Development (SGBED). Refereed
  • Lin B., Romero S., Jeffers A., DeGaetano L., (2016). Sustainability and Company's Value - A Follow-Up Study of S&P 500 U.S. Companies (Abstract only). (pp. 1066-1067). Montclair, New Jersey . 14th International Confeence of the Society for Global Business & Economic Development (SGBED). Refereed
  • Romero S., Fernandez-Feijoo B., (2012). Effect of Hofstede's cultural differences in CSR disclosure. . AAA Annual Meeting. Refereed
  • Romero S., Gal G., Vasarhelyi M., Mock T., (2012). An updated measurement theory perspective on business measurement. . European Accounting Association. Refereed
  • Romero S., (2012). Where were the auditors?. Philadelphia, PA. AAA Mid Atlantic Meeting. Refereed
  • Fernandez-Feijoo B., Romero S., Ruiz S., (2011). Information Systems for Sustainabilily: Hofstede's Cultural Differences in the Perception of a Quality Measrue fro Sustainability Reports. Wiesbaden. Springer Verlag. Refereed
  • Fernandez-Feijoo B., Romero S., Ruiz S., (2011). Testing quality of assurance statements for sustainability reports. . SGBED. Refereed
  • Romero S., (2009). Question order effect of student quizzes in introductory financial accounting courses. . International Conference of Education, Research and Innovation (ICERI 2009) . Refereed
  • Romero S., Alali F., (2009). The use of the Internet for corporate reporting in the Mercosur (Southern Common Market) - The Argentina Case. . 18th Annual Research Workshop on Strategic and Emerging Technologies.
  • Romero S., (2007). Tailored information systems. Do investors’ cognitive characteristics determine the preference for text disclosures?. . 2007 Accounting, Behavior and Organization Research Conference (AAA) .
  • Romero S., (2007). “Does Continuous Reporting reduce volatility?”. . • First Continuous Reporting Symposium – Rutgers Business School – September 2007 .
  • Romero S., Vasarhelyi A. M., Mock J. T., (2007). A Measurement Theory Perspective on Business Measurement. (pp. 81). . American Accounting Association-Sixteeenth Annual Research Workshop on Artificial Intelligence and Emerging Technologies in Accounting, Auditing and Tax.
  • Romero S., (2007). “Testing Tailored Reports using Process Focused and Object Focused Abstractions”. . • Sixteenth Annual Research Workshop on Artificial Intelligence and Emerging Technologies in Accounting, Auditing and Tax (AAA) – August 2007 .

Awards and Honors

  • Excellence Dissertation Fellowship, Rutgers (2006)
  • Summer fellowship award, Rutgers (2005)
    Competitive award evaluating summer project proposals of PhD students in the program
  • Summer fellowship award, Rutgers (2004)
    Competitive award evaluating summer project proposals of PhD students in the program
  • Dissertation Fellowship, Rutgers (2002)

Research

  • With Agatha Jeffers
    Issues associated with global warming and the protection of the biosphere has now become firmly established in every aspect of our daily lives along with the measures that can or are being put in place to ensure the future of humanity. Yet, in the U.S., there is currently no established framework for identifying, measuring, reporting or regulating these important environmental initiatives in corporations.
    The purpose of this paper is to present an exploratory study to develop a framework for measuring and reporting of environmental initiatives as well as to identify and measure the variables involved in accounting for environmental initiatives in corporations. By so doing, the financial and managerial implications of accounting for green initiatives and its effects on the corporate reports, balance sheets, cash flows and on companies income statements can be assessed. To achieve this objective, it is necessary to quantify the impact of environmental initiatives undertaken by corporations. However, to quantify the impact, it is first necessary to identify, estimate and measure the relevant variables. In this paper, the establishment of the sustainability framework is examined from a microeconomic perspective. To this end, we evaluate the variables that should be included in environmental framework from the perspective of the corporation. Proper evaluation and measurement of these environmental initiatives in an established framework will undoubtedly lead to better planning, decision making by managers as well as financial reporting which in turn will lead to more informed decision making on the part of financial statement users.
  • With Belen Fernandez-Feijoo and Silvia Ruiz
    Michelon et al. (2015) conducted a content analysis study of sustainability information submitted by companies in the UK. They found that, on average, companies that prepare stand-alone reports, or follow assurance and reporting guidelines do not provide a higher quality of information about sustainability than companies reporting with their financial information. The authors support increasing skepticism about the use of CSR reporting practices as tools used to enhance perceived accountability.
    In this study we perform a content analysis of the sustainability information submitted by Spanish companies. We believe that by been located in a stakeholder-oriented country, the information about sustainability in the stand-alone reports will be more descriptive and informative than the information submitted with the financial statements.
  • With Fatima Alali
    Corporate social responsibility (CSR) has become a fundamental issue in management strategy. Confidentiality and security of data are important issues of CSR that have intensified in the last decade due to the increased use and reliance on information technology to conduct business. The financial technology specialist Hatstand states that “business need to have sound governance practices in place and recognize that cybersecurity is more than just an IT related issue”, and that it is not a matter of if but when a firm will experience a breach of security (Hatstand, 2015). Hackers have developed better tools and it seems that companies’ most critical actions are reactive rather than proactive to avoid those attacks. Therefore, one important issue in CSR is to understand management responsibilities in preventing and protecting from hackers’ attacks, as well as the effect auditor’s evaluation of internal controls has on the prevention of those attacks.