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Dr. Ronald Strauss


Acting Co-Chair | Accounting & Finance | Feliciano School of Business

Email: straussr@mail.montclair.edu

Telephone: 9736555228

Office: Feliciano School of Business, 381

Biography

Dr. Ronald J. Strauss is Acting Co-Chair and Assistant Professor in the Department of Accounting and Finance at Montclair State University where he teaches both financial and managerial accounting courses. His research interests include the ethical content of accounting information, executive incentives and the global financial crisis. Prior to earning his PhD in Accounting from Rutgers University in May 2011, Dr. Strauss, who is a CPA, worked in the financial services industry for over 25 years. His previous experience includes over 6 years with Peat, Marwick Mitchell in New York and over 20 years with Merrill Lynch where he held a number of senior financial and operating management positions. He spent approximately half of his ML career working and living overseas in Asia.

Areas of Expertise

Financial Accounting
Managerial Accounting
Principles of Corporate Controllership
Ethical Content of Accounting Information
Ethics, Professionalism and the Public Interest
Executive Incentive Compensation
Global Financial Crisis

Education

  • Ph D, Accounting Ethics, 2011, Rutgers University
  • MS, Accounting, 1977, State University of New York at Binghamton
  • BS, Business, 1976, State University of New York at Binghamton
  • , Stuyvesant High School, 1972, Math/Science

Refereed Publications

  • 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).
  • Strauss J. R., Markoff S., (2016). Keep Your Eye on the Prize: Pursuing the CPA. Roseland, NJ. Magazine of the New Jersey Society of Certified Public Accountants.September-October (2016).
  • Strauss J. R., (2016). Contemporary Research in Valuation and Forensic Accounting. Salt Lake City, Utah. The Value Examiner.2016 (J/F). (pp. 22-24).
  • Strauss J. R., (2015). Contemporary Research in Valuation and Forensic Accounting. Salt Lake City, Utah. The Value Examiner.2015 (M/J). (pp. 24-27).
  • Strauss J. R., (2015). The Ethical Content of Accounting Information. Stockholm. Journal of Academy of Business and Economics (JABE).15 (1).
  • Yang J., Strauss J. R., Lohrey P., (2015). Foreign Tax Credit Involving Net Investment Income. Arlington, Texas. Business Journal of Entrepreneurs.2015 (10). (pp. 10-23, March 15, 2015).
  • Strauss J. R., (2014). Cash-Based Executive Incentive Compensation and Net Earnings - Ethical Analysis. Stockholm. Journal of Academy of Business and Economics (JABE).14 (4). (pp. 7-16).
  • Strauss J. R., (2014). Transitioning from the Private Sector to Academia. New York, NY. The CPA Journal.LXXXIV (8). (pp. 12-13).
  • Strauss J. R., (2014). Discussant Comment on the Expression of Espoused Humanizing Values in Organizational Practice: A Conceptual Framework and Case Study. Netherlands. Journal of Business Ethics/Springer.126 (1). (pp. 83-84).
  • Santoro A. M., Strauss J. R., (2012). Too Big and Too Interconnected To Fail: Historical and Ethical Analysis of Sustainability Risk to U.S. Financial System. Geneva. International Journal of Sustainable Economy/Inderscience Publishers.4 (4). (pp. 356-369).
  • Palmon D., Santoro A. M., Strauss J. R., (2009). Pay Now Lose Later: The Role of Bonuses and Non-Equity Compensation in the Financial Meltdown of 2007-2009. Oak Park, Ill.. The Open Ethics Journal.3 (1). (pp. 76-80).

Published Books

  • Enderle G., Strauss J. R., (2014). Book Review by George Enderle of Wall Street Values. . Business Ethics Quarterly.
  • Strauss J. R., Santoro A. M., (2013). Wall Street Values: Business Ethics and the Global Financial Crisis. (pp. 232). Cambridge. Cambridge University Press.
  • Strauss J. R., Santoro A. M., (2012). Capital, Credit, and Responsibility in Crisis: What Concepts, Systems, and Ethics are Needed for Future Wealth Creation,Eds. Xiaohe Lu and Daryl Koehn; Part 1, Chapter 1 - Too Big to Fail: Ethical Breakdown of Governance of the U.S. Financial System. Shanghai, China. Shanghai Academy of Social Sciences Press .

Published Proceedings

  • Strauss J. R., Santoro A. M., (2014). Beyond CEO Pay Levels: An Ethical Analysis of the Effect of the Volker Rule on Financial Industry Executive Compensation (abstract only). Philadelphia. Annual Meeting Society of Business Ethics. Refereed
  • Strauss J. R., (2013). On Wall Street Values - Extension to Japan (Abstract Only). (pp. 6). Washington DC. U.S.-Japan Research Institute.
  • Strauss J. R., Santoro A. M., (2012). Mirror, Mirror on the Wall: Applying Milton Friedman’s Standard of Corporate Social Responsibility to Wall Street (Abstract Only). Boston MA. Society for Business Ethics. Refereed
  • Strauss J. R., (2011). The Ethical Content of Accounting Information (Abstract Only). Denver, Co.. 16th Annual Ethics Symposium of the 2011 AAA Annual Conference . Refereed
  • Strauss J. R., (2010). Too Big to Fail – Ethical Breakdown of the U.S. Financial System. New York, NY. American Management Association. Refereed
  • Strauss J. R., Santoro A. M., (2010). Cash-Based Executive Compensation and Net Earnings in Light of the Financial Crisis of 2008 (Abstract Only). San Francisco, Ca.. 15th Annual Ethics Symposium of the 2010 AAA Annual Conference . Refereed

Awards and Honors

  • Best Doctoral Paper Award, 16th Annual Ethics Research Symposium, American Accounting Association (2011)
    Best Doctoral Paper Award, American Accounting Association’s Professionalism and Ethics Committee, 16th Annual Symposium on Ethics Research in Accounting 2011
  • Beta Gamma Sigma, Doctoral Lifetime Member (2011)
    Honor based upon completion of PhD from accredited AACSB university. Membership in Beta Gamma Sigma is the highest recognition a business student anywhere in the world can receive in a business program accredited by AACSB International.
  • Best Paper Award, 15th Annual Ethics Research Symposium, American Accounting Association (2010)
    Best Paper Award, American Accounting Association’s Professionalism and Ethics Committee, 15th Annual Symposium on Ethics Research in Accounting 2010
  • Doctoral Summer Research Fellowship, Rutgers (2009)
    Grants were awarded based on the likelihood that the planned research would lead to a published article.
  • Alumnus of the Year Award, School of Management - Binghamton University (2007)

Research

  • "Accounting Information Systems - New Frontier in Business Ethics", target journal: Journal of Information Systems) AAA journal. Submitted - December, 2015
  • "Discussion threads and asynchronous meetings - Designing an online business ethics course for graduate accounting students”, target journal: Journal of Accounting Education.
  • "The Ethical Foundation of Accounting Principles", target journal: American Horizons.
  • "The IMA competency standard in light of complex financial instruments, target journal: Journal of Accounting Education.
  • "Valuing Level 3 Assets - Evidence that Self-Interest Bias Compromises Valuations", target journal: Journal of Forensic Accounting.
  • "Where's the Whale - Critique of JP Morgan's derivative disclosures in light of massive losses in credit derivative positions", target journal: International Journal of Sustainable Economy.