Young firms lose big when new equipment is scarce
New research reveals that cash-constrained companies suffer the most when supply chain disruptions delay the production and delivery of new equipment.
Faculty
Andrew Sutherland is an Associate Professor of Accounting at the MIT Sloan School of Management.
His research focuses on financial institutions, and covers three broad areas: (1) how entrepreneurs and privately held firms obtain credit; (2) information sharing and technology adoption; and (3) auditing and financial misconduct. His work is published in top accounting, finance, and management journals, and has won has won multiple major awards.
Sutherland previously worked as a consultant advising companies throughout the U.S. and Latin America on valuation, investment policy, performance measurement, and executive compensation.
He holds a Bachelor of Commerce degree from York University, an MBA from Carnegie Mellon University, and a PhD from the University of Chicago. He teaches in the MBA and Master of Finance programs at MIT Sloan.
Featured Publication
"Can Ethics be Taught? Evidence from Securities Exams and Investment Adviser Misconduct."Kowaleski, Zachary T., Andrew Sutherland, and Felix W. Vetter. Journal of Financial Economics Vol. 138, No. 1 (2020): 159-175. Download Paper.
Featured Publication
"Commercial Lending Concentration and Bank Expertise: Evidence from Borrower Financial Statements."Berger, Philip G., Michael Minnis, and Andrew Sutherland. Journal of Accounting and Economics Vol. 64, No. 2-3 (2017): 253-277. SSRN.
Darmouni, Olivier and Andrew Sutherland, MIT Sloan Working Paper 6842-23. Cambridge, MA: MIT Sloan School of Management, June 2023. SSRN.
Minnis, Michael, Andrew Sutherland, and Felix Vetter, MIT Sloan Working Paper 6843-23. Cambridge, MA: MIT Sloan School of Management, April 2023. SSRN.
Liberti, José, Jason Sturgess, and Andrew Sutherland. Journal of Financial Economics Vol. 145, No. 3 (2022): 827-849. SSRN.
Kowaleski, Zach, Andrew Sutherland, and Felix Vetter, MIT Sloan Working Paper 6147-20. Cambridge, MA: MIT Sloan School of Management, July 2022.
New research reveals that cash-constrained companies suffer the most when supply chain disruptions delay the production and delivery of new equipment.
Firms invest in compliance technology to monitor risk and respond to new regulations. Research shows they also make complementary buys in other technologies.
RegTech encompasses the technological solutions firms use to achieve regulatory compliance.