Angelopoulou Wins 2020-2021 Teach Access Award

Anastasia Angelopoulou, an assistant professor of Computer Science in Turner College’s TSYS School, was named one of 10 winners of a 2020-2021 Teach Access Curriculum Development Award, each of whom received a $5,000 award.

According to Teach Access, “These awards will be used to develop modules, presentations, exercises, or curriculum enhancements or changes that introduce the fundamental concepts and skills of accessible design and development in existing, classroom-based courses.”

In winning this award, Angelopoulou joins faculty from the University of California – Irvine, Tufts University, Seton Hall University, and the College of New Jersey, among others.

Teach Access is a unique collaboration among members of higher education, the technology industry, and advocates for accessibility whose goal is to make accessible technology ubiquitous. A new venture, Teach Access was conceived by the accessibility teams at Yahoo! and Facebook, and became a reality when the program was adopted by other leading exemplars of accessible products in the tech industry, with strong encouragement of advocates within the disability community. The founding members of Teach Access include leaders from Yahoo!, Facebook, Google, Microsoft, Twitter, Adobe, PayPal, Intuit, LinkedIn, AT&T, Stanford University, Carnegie Mellon University, Rochester Institute of Technology, Georgia Institute of Technology, University of Washington, AAPD, Deque, and the Paciello Group.

Anastasia Angelopoulou

Correcting the Record

A recent study by Gisung Moon, associate professor of Finance in the Turner College, is the first to thoroughly investigate the long-run stock returns of the firms that re-state financial statements by fully considering the firm size effect. Moon and his co-authors--Hongbok Lee of Western Illinois University and Doug Waggle of the University of West Florida-use the re-statements data from the United States Government Accountability Office to measure the long-run stock performance of re-stating firms with the buy-and-hold abnormal returns, for holding periods of one to five years after the announcements of re-statements.

The study, titled “Long-Run Equity Performance of Firms that Restate Financial Statements” and appearing in a 2020 issue of Managerial Finance, finds that re-stating firms significantly underperform in the long run compared with their peers matched by industry, size and book-to-market. It also reports that the negative long-run abnormal performance of restating firms is primarily driven by large firms. Lastly, Moon and his colleagues also show that self-prompted restatements and improper revenue accounting-triggered restatements result in worse long-run abnormal performance.