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R. Ramy Elitzur

R. Ramy Elitzur

Edward J. Kernaghan Professor of Financial Analysis
Associate Professor of Accounting

Degrees:

PhD, New York University
M Phil., New York University
MBA, Tel Aviv
BA, Bar-Ilan
CPA
CMA

Bio

Ramy Elitzur is the Edward J. Kernaghan Professor in Financial Analysis and an Associate Professor of Accounting. He has earned a PhD and MPhil. from Stern School of Business Administration, New York University and an MBA from Recanati School of Business, Tel Aviv University. In addition, he holds CPA and CMA designations in the US. He has been a visiting professor at the Stern School of Business. Ramy has published in various top journals in finance, economics and accounting on game theory applied to financial situations.

Academic Positions

  • 2005 --

    Edward J. Kernaghan Professorship in Financial Analysis , Rotman School of Management

  • 1999-2001

    Executive Director, MBA Programs,

  • 1993-Present

    Associate Professor of Accounting,

  • 1995

    Visiting Professor, Tel Aviv University, The Recanati School of BusinessThe Recanati School of Business

  • 1988-1993

    Assistant Professor of Accounting, Faculty of Management, University of Toronto

  • 1987

    Instructor, Stern School of Business, New York University

Selected Publications - Papers

  • Information Systems Outsourcing Projects as a Double Moral Hazard Problem

    Ramy Elitzur, Arieh Gavious and Anthony Wensley

    Omega- The International Journal of Management Science

    Issue:40

    2012

    Pages: 379-389

  • Selection of Entrepreneurs in the Venture Capital Industry: An Asymptotic Analysis

    Ramy Elitzur & Arieh Gavious

    European Journal of Operations Research

    Issue:215

    2011

    Pages: 705-712

  • The Accounting Art of War: Bounded Rationality, Earnings Management and Insider Trading

    Ramy Elitzur

    Journal of Accounting and Public Policy

    Issue:30

    2011

    Pages: 203-216

  • Venture Capital Contracting with Renegotiation

    Ramy Elitzur & Arieh Gavious

    Economic Bulletin

    Issue:29(1)

    2009

    Pages: 67-78

  • A Multi-Period Game Theoretic Model of Venture Capital Investment

    Ramy Elitzur & Arieh Gavious

    European Journal of Operational Research

    Issue:144(2)

    2003

    Pages: 440-453

  • Contracting, Signaling and Free Riders: A Model of Entrepreneurs, Angels and Venture Capitalists

    Ramy Elitzur & Arieh Gavious

    Journal of Business Venturing

    Issue:18

    2003

    Pages: 709-725

  • Optimal Control In Homogeneous Projects: Analytically Solvable Deterministic Cases

    Ramy Elitzur, Konstantin Kogan and Tzvi Raz

    IIE Transactions on Design and Manufacturing

    Issue:34,1

    2002

    Pages: 63-75

  • Using Game Theory To Analyze Complex Projects: The Case of Information Systems Outsourcing Arrangements

    Ramy Elitzur & Anthony K.P. Wensley

    International Journal of Industrial Engineering - Applications and Practice

    Issue:6, 2

    1999

    Pages: 141-150

  • Managerial Incentives and the Structure of Management Buyouts

    Ramy Elitzur & Varda Yaari

    Journal of Economic Behavior and Organization

    Issue:Vol.36

    1998

    Pages: pp.347-367

  • Game Theory and Information Systems Outsourcing Contracts?

    Ramy Elitzur, Arieh Gavious and Anthony Wensley

    Journal of Information Technology

    Issue:12

    1997

    Pages: pp. 45-60

  • Auctions for Audit Services and Low-Balling

    Co-authored with Haim Falk

    The Journal of Auditing: Theory and Practice

    Issue:Vol 15, Supplement

    1996

    Pages: pp. 41-59

  • Auctions for Audit Services and Low-Balling

    Reply to the discussant's comments

    Co-authored with Haim Falk, The Journal of Auditing: Theory and Practice

    Issue:Vol 15, Supplement

    1996

    Pages: pp. 69-71

  • Planned Audit Quality

    Co-authored with Haim Falk

    The Journal of Accounting and Public Policy

    Issue:Vol.15

    1996

    Pages: pp.247-269

  • Transfer Pricing Rules and Corporate Tax Competition

    Co-authored with J. Mintz

    The Journal of Public Economics

    Issue:Volume 60

    1996

    Pages: pp. 401-422

  • A Classroom Exercise on Executive Incentive Compensation Schemes

    Ramy Elitzur

    Managerial and Decision Economics

    Issue:vol.16

    1995

    Pages: pp.649-652

  • Executive Compensation and Firm Value

    Co-authored with P. Halpern

    Corporate Decision Making in Canada, R. J. Daniels and R. Morck (Ed.).Industry Canada, Ottawa, Canada

    1995

    Pages: pp. 189-222

  • Using Game Theory To Analyze Complex Projects: The Case of Information Systems Outsourcing Arrangements

    Co-authored with Anthony K.P. Wensley

    Journal Of Economic Behavior and Organization

    Issue:26

    1995

    Pages: 201-219

  • Using Historical Annual Reports in Teaching: Letting the Past Benefit the Future

    with J. Amernic

    The Accounting Historians Journal

    Issue:Vol. 19, Number 1 (June)

    1992

    Pages: pp. 29-50

  • A Model of Translation of Financial Statements Under Inflation in the U.S. and Canada

    Ramy Elitzur

    Contemporary Accounting Research

    Issue:Spring

    1991

    Pages: pp. 466-484

  • CPAs' Attitudes Toward GAAP for Closely Held Corporations and Small Businesses

    with R. Bar-Niv

    The International Journal of Accounting

    Issue:24

    1989

    Pages: pp. 343-364

Selected Publications - Books and Chapters

  • Can Game Theory Help Us Understand Information Systems Outsourcing Contracts?

    Co-authored with Anthony Wensley

    Chapter in 'Outsourcing - Theory and Practice, L.Willcocks and M.Lacity (Eds.)

    Issue:John Wiley, UK

    1996

    Pages: pp. 103-136

Recent Presentations

  • Is Moneyball a Myth? Perceived Advantages to Sabermetrics vs Reality

    Sports Management Conference Ben Gurion University

    2015

Honors and Awards

  • 2006

    The Dean's Award for Excellence in Teaching, Rotman School of Management

  • 1995

    The 1995 Teaching Excellence Award in the MBA program, Rotman's Graduate Business Council

  • 1993

    Research Grant ($10,000) from the Society of Management Accountants of Canada for a monograph on 'Outsourcing of Information Systems'. The grant was received with Anthony Wensley,

  • 1992

    Research Grant ($10,000) from the Society of Management Accountants of Canada for a monograph on 'Design of Executive Incentive Compensation Plans',

  • 1991-2015

    Teaching award, Rotman School of Management

  • 2015-2106

    Teaching Excellence Award, Rotman School of Managment

  • 1992

    The 1992 Teaching Excellence Award in the MBA Professional Accounting Program, Rotman's Graduate Business Council

  • 1986

    The Taggart Fellowship (U.S.$11,000), New York University, Graduate School of Business Administration

  • 1984-1986

    The Ginsberg Ingerman Fellowship (U.S.$15,000) for Israeli Doctoral Candidates,

Professional Affiliations/Memberships

  • CAAA

Academic / Professional Service

  • 2016

    Session Chair, CFEA Conference

  • 1990-1991

    Member, CICA Study Group that reported on 'The Going Concern Assumption', headed by E. Boritz,

  • 1987-1995

    Ad Hoc Reviewer for various journals: Journal of Public Economics, Canadian Journal of Administrative Sciences, Accounting Review, Contemporary Accounting Research, Journal of Accounting, Auditing and Finance, European Journal of Operations Research,

  • 1994

    A discussant in the Capital Markets session at the 1994 Canadian Academic Accounting Association Conference,

  • 1995-present

    Ad hoc reviewer, Journal of Public Economics

  • 2003-present

    Ad hoc reviewer, Journal of Business Venturing

  • 1995-present

    Ad hoc reviewer, Journal of Economic Behavior and Organization

  • 1997-2006

    Ad hoc reviewer, Journal of Accounting and Public Policy

  • 1993

    Special presentation before the Pharmaceutical Association of Canada on Credit and Risk Analysis in the Pharmaceutical Industry,

  • 2007

    Appearance before the House of Commons Standing Committee on Finance on the government's decision to tax income trusts, House of Commons Standing Committee on Finance

  • 2016-Present

    Associate editor, Journal of Concussion

  • 2006 to Present

    Member of the editorial board , The Journal of Accounting and Public Policy

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