FACULTY & STAFF DIRECTORY
Joan Luft
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Joan Luft

Professor
Eli Broad Professor of Accounting and Information Systems
Accounting and Information Systems

Phone: (517) 432-2917
Email: luftj@bus.msu.edu
PhD Cornell University
Vita

Course

  • ACC 341:  Cost and Management Accounting

  • ACC 843:  Operational Management Accounting

Research interests/Areas of expertise

  • Judgment and decision-making using management accounting information; differences between subjective judgment and optimizing models in cost and profit forecasting; transfer pricing; and performance measurement system design

Bio(s)

  • Joan Luft is the Eli Broad Professor of Accounting at Michigan State University. Her research has appeared in a variety of journals, including The Accounting Review, the Journal of Accounting and Economics, Accounting, Organizations and Society, and Contemporary Accounting Research. She has also been the editor of the Journal of Management Accounting Research and associate editor of The Accounting Review.
    She has received a number of awards, including the AAA/AICPA Notable Contribution to Accounting Literature, the AAA Notable Contribution to Management Accounting Literature, the Withrow Emerging Scholar Award from the Broad School, and awards for teaching and research excellence from the Department of Accounting and Information Systems.

Articles

  • A. M. Farrell, J. Luft and M. D. Shields. (2007). Accuracy in judging the nonlinear effects of cost and profit drivers.. Contemporary Accounting Research 24: 4.
  • R. Bloomfield and J. Luft. (2006). Responsibility for cost management hinders learning to avoid the winner’s curse. The Accounting Review 81: forthcoming.
  • R. Krishnan, J. Luft, and M. D. Shields. (2005). Effects of accounting-method choices on subjective performance-measure weighting: experimental evidence on precision and error covariance. The Accounting Review 80: forthcoming.
  • M. Covaleski, H. Evans, J. Luft and M. D. Shields. (2003). Budgeting Research: Three Theoretical Perspectives and Criteria for Selective Integration. Journal of Management Accounting Research 15: 3-49.
  • J. Luft and M. D. Shields. (2003). Mapping Management Accounting: Graphics and Guidelines for Theory-Consistent Empirical Research. Accounting, Organizations and Society 28: 2-3. 169-250.
  • J. Luft and M. D Shields. (2002). Zimmerman’s Contentions Conjectures: Describing the Present and Prescribing the Future of Management Accounting Research. European Accounting Review 11: 4. 795-803.
  • R. Krishnan, J. Luft and M. D. Shields. (2002). Competition and Cost Accounting: Adapting to Changing Markets. Contemporary Accounting Research 19: 2. 271-302.
  • J. Luft and M. D. Shields. (2001). Why Does Fixation Persist? Experimental Evidence on the Judgment Performance Effects of Expensing Intangibles. The Accounting Review 76: 3. 561-587.
  • S. Haka, J. Luft, and B. Ballou. (2000). Second-Order Uncertainty in Accounting Information and Bilateral Bargaining Costs. Journal of Management Accounting Research 12: 115-139.
  • J. Luft, S. Haka and B. Ballou. (1998). Information and Bargaining Strategy: Bargaining in a Hall of Mirrors. Behavioral Research in Accounting 10: Supplement. 111-140.
  • J. Luft. (1998). Long-Term Change in Management Accounting: Perspectives from Historical Research. Journal of Management Accounting Research 9: 163-198.
  • J. Luft and R. Libby. (1997). Profit Comparisons, Market Prices, and Managers’ Judgments About Negotiated Transfer Prices. The Accounting Review 72: 2. 217-230.
  • J. Luft. (1997). Fairness, Ethics, and the Effect of Management Accounting on Transaction Costs. Journal of Management Accounting Research 9: 199-216.
  • J. Luft. (1994). Bonus and Penalty Incentives: Contract Choice by Employees. Journal of Accounting and Economics 18: 181-206.
  • R. Libby and J. Luft. (1993). Determinants of Judgment Performance in Accounting Settings: Ability, Knowledge, Motivation, and Environment. Accounting, Organizations and Society 18: 425-450.

In Collection

  • J. Luft. (2006). "Historical theorizing in management accounting research". In C. Chapman, A. Hopwood, and M. D. Shields (ed.) Handbook of Management Accounting Research Elsevier.
  • J. Birnberg, J. Luft and M. D. Shields. (2006). "Psychology theory in management accounting research". In C. Chapman, A. Hopwood and M. D. Shields (ed.) Handbook of Management Accounting Research Elsevier.