# Joshua Livnat

0 jl9 [Emeritus](/taxonomy/term/4802) Professor Emeritus of Accounting 1987 [ Personal Website ](http://www.stern.nyu.edu/~jlivnat)      ![Joshua Livnat profile photo](/sites/default/files/styles/480w_x_543h/public/media/jlivnat.jpg?h=89fff19e&itok=LnVJ8WPA)

Kaufman Management Center

44 West Fourth Street, 10-180

New York, NY 10012

10-180 0 - C.P.A., Licensed in the State of, 1986

(inactive)
- Ph.D., Accounting & Quantitative, 1978

New York University
- M.A., Philosophy, 1978

New York University
- B.Sc., Mathematics and Statistic, 1973

Hebrew

- Financial and Managerial Accounting
- Financial Statement Analysis and Auditing

Joshua Livnat is a Professor Emeritus of Accounting at New York University Stern School of Business. Professor Livnat taught courses in financial and managerial accounting, financial statement analysis, e-commerce and entrepreneurship.

Professor Livnat taught at NYU Stern for 24.5 years, and served as chair of the accounting department for seven years. His primary research areas include capital markets, effects of various accounting disclosures on stock prices, equity valuation, financial statement analysis, and new economy valuation issues. Professor Livnat co-authored the book Cash Flow and Security Analysis. He has been published in many journals including Journal of Portfolio Management, Journal of Accounting Research, Journal of Accounting & Economics, The Accounting Review, Journal of Finance and Financial Analysts Journal. In addition to his work at NYU Stern, Professor Livnat also taught at Vanderbilt University, University of California at Berkley, Northwestern University, and Hebrew University in Israel.

Professor Livnat received his Bachelor of Science from Hebrew University in mathematics and statistics. He received his Master of Philosophy and Doctor of Philosophy from New York University.

Accounting

- Financial Accounting
- Financial Statement Analysis
- Valuation

- Financial Accounting
- Security Analysis
- Relationship Between Accounting and Security Price
- Portfolio Management
- Quantitative Asset Management

- Edmund Bellord, Joshua Livnat, Dan Porter and Martin Tarlie (2019)

Optimal Holdings of Active, Passive and Smart Beta Strategies

Journal of Investment Management, 17:2, 2019.
- J. Livnat and J. Singh (2021)

Machine Learning Algorithms to Classify Future Returns Using Structured and Unstructured Data

Journal of Investing, Forthcoming
- J. Klevak, J. Livnat, D. Pei, & K. Suslava (2021)

A New Uncertainty Measure – CAM

The Journal of Investing, Forthcoming, February
- Roy Henrikkson, Joshua Livnat, Patrick Pfeifer and Margaret Stumpp (2019)

Integrating ESG in Portfolio Construction

Journal of Portfolio Management, pp.67-82.
- Julia Klevak, Joshua Livnat and Kate Suslava (2019)

A Practical Approach to Advanced Text Mining in Finance

Journal of Financial Data Science, Winter 2019, 1:1, p.122-129.
- W. Jin, J. Livnat, Y. Zhang (2012)

Option Prices Leading Equity Prices: Do Option Traders Have an Information Advantage?

Journal of Accounting Research
- R. Battalio, A. Lerman, J. Livnat and R. Mendenhall (2012)

Who, if anyone, reacts to accrual information?

Journal of Accounting and Economics
- D. Hollie, J. Livnat and B. Segal (2012)

Earnings Revisions in SEC Filings from Prior Preliminary Earnings Announcements

Journal of Accounting, Auditing and Finance, 27:1, January 2012, pp.3-31.
- E. Amir, I. Kama and J. Livnat (2011)

Conditional versus Unconditional Persistence of RNOA Components: Implications for Valuation

Review of Accounting Studies, 2011, 16:2, pp.302-327.
- A. Lerman and J. Livnat (2010)

The New Form 8-K Disclosures

Review of Accounting Studies, 2010, 15:4, pp.752-778.

[https://w4.stern.nyu.edu/faculty/static/cv/cv\_jl9\_20260123.pdf](https://w4.stern.nyu.edu/faculty/static/cv/cv_jl9_20260123.pdf)