Professor honored for research on cost behavior at American Accounting Association Annual Conference
The Association of International Certified Professional Accountants (the Association) and the Management Accounting Section of the American Accounting Association (AAA) have named Martin Holzhacker, Ph.D., as recipient of the 2017 Best Early Career Researcher Award.
Holzhacker, assistant professor of accounting and information systems at the Eli Broad College of Business at Michigan State University, was recognized for his research on cost management, including how demand uncertainty and financial risk can influence cost behaviors. His research explores target setting and performance evaluation in a variety of settings, including healthcare, government and the service industry.
He was honored with the award and a $2,000 grant at the annual AAA Conference in San Diego. The award was presented on behalf of the selection committee, chaired by Ramji Balakrishnan, Ph.D., professor in the Tippie College of Business at the University of Iowa.
“Dr. Holzhacker’s research deepens our understanding of what he refers to in one of his papers as the ‘black box’ of cost behavior, providing insights into how companies change cost structures in response to risk,” said Andy Bonner, CPA, CGMA, chair of the CGMA Americas Regional Advisory Panel and chief financial officer and executive vice president of First Century Bank. “These insights are valuable to management accountants who play a critical role in managing both risks and costs to help organizations achieve sustainable success.”
Holzhacker received his doctorate degree from WHU-Otto Beisheim School of Management and his master’s degree from University of Mannheim in Germany. His work is published in journals such as The Accounting Review and the Journal of Contemporary Accounting Research.
The 2017 Best Early Career Researcher Award is sponsored by the Association of International Certified Professional Accountants, a global accounting organization launched in 2017 by members of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA). The award is given on behalf of the Chartered Global Management Accountant (CGMA) designation, created in 2012 by the AICPA and CIMA to advance management accounting globally and distinguish competent and confident professionals who are leading their organizations to make better business decisions.
A list of previous winners can be found on the AAA’s Best Early Career Researcher Award page.