The unexpected ripple effects of ‘regtech’
Firms invest in compliance technology to monitor risk and respond to new regulations. Research shows they also make complementary buys in other technologies.
Faculty
Andrew Sutherland is the Ford International Career Development Professor of Accounting and 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.
Kowaleski, Zachary T., Andrew Sutherland, and Felix W. Vetter. Journal of Financial Economics Vol. 138, No. 1 (2020): 159-175. Download Paper.
Berger, Philip G., Michael Minnis, and Andrew Sutherland. Journal of Accounting and Economics Vol. 64, No. 2-3 (2017): 253-277. SSRN.
Liberti, José, Jason Sturgess, and Andrew Sutherland. Journal of Financial Economics Vol. 145, No. 3 (2022): 827-849. SSRN.
Charoenwong, Ben, Zachary T Kowaleski, Alan Kwan, and Andrew Sutherland, MIT Sloan Working Paper 6563-22. Cambridge, MA: MIT Sloan School of Management, January 2022.
Darmouni, Olivier and Andrew Sutherland. Review of Financial Studies Vol. 34, No. 5 (2021): 2275–2317. SSRN. Download Paper.
Abramova, Inna, John E. Core, and Andrew Sutherland. The Accounting Review Vol. 95, No. 6 (2020): 1-21. SSRN. Download Preprint.
Firms invest in compliance technology to monitor risk and respond to new regulations. Research shows they also make complementary buys in other technologies.
Change is afoot in accounting. MIT Sloan experts urge leaders to track ESG, artificial intelligence, blockchain, intangible capital, and “regtech.”
RegTech encompasses the technological solutions firms use to achieve regulatory compliance.