Kristy L. Towry is John and Lucy Cook Chair and Professor of Accounting at Emory University's Goizueta Business School. Professor Towry joined the Goizueta Business School faculty in 2002, after receiving her PhD from The University of Texas at Austin. She has extensive experience in managerial accounting and finance, including a number of positions at Exxon and Compaq. Professor Towry's research relates to the use of accounting information for managerial decision making, with a focus on managerial control systems and financial incentives. Her research, based on the experimental method, blends theory from economics, psychology, and other social sciences to provide insights into accounting issues. She has published in The Accounting Review, Contemporary Accounting Research, Review of Accounting Studies, Proceedings of the National Academy of Sciences, and other accounting and economics journals.
The University of Texas at Austin: PhD, Accounting 2002
Texas A&M University: MBA, Accounting and Finance 1988
Northwestern State University of Louisiana: BSc, Mathematics and Computer Science 1982
Areas of Expertise (3)
Ambiguous Sticks and Carrots: The Effect of Contract Framing and Payoff Amiguity on Employee Effort.The Accounting Review
The Impact of Knowledge Transfer on Investments in Knowledge Creation in FirmsContemporary Accounting Research
Leading by Example: The Effect of Contract Design on the Ability to LeadThe Accounting Review
Bring the Noise, but Not the FunkThe Accounting Review
Vicarious Learning Under Implicit ContractsThe Accounting Review
Turning Up the Volume: An Experimental Investigation of the Role of Mutual Monitoring in TournamentsContemporary Accounting Research
Framing Sticks as Carrots: An Experimental Investigation of Contract Frame and Effort in Agency RelationshipsThe Accounting Review
Does the Communication of Causal Linkages Improve Effort Allocations?Journal of Management Accounting Research
Performance Spillover in a Multi-Task EnvironmentContemporary Accounting Research
In Search of Informed Discretion: An Experimental Investigation of Fairness and Trust ReciprocityThe Accounting Review
Dividing the Pie: The Influence of Managerial Discretion Extent on Bonus Pool AllocationContemporary Accounting Research
Flattening the Organization: The Effect of Organizational Reporting Structure on Honesty in Managerial ReportingReview of Accounting Studies
Recordkeeping Alters Economic History by Promoting ReciprocityProceedings of the National Academy of Sciences
Contracting on Contemporaneous vs. Forward-Looking Measures: An Experimental InvestigationContemporary Accounting Research
The effect of information systems on honesty in managerial reporting: A behavioral perspectiveContemporary Accounting Research
2006 This study examines the behavioral impact of an information system, and how that impact varies with the information system's precision, in an internal reporting environment. We propose that a manager's reporting decisions are affected by his or her trade-off of the ...
Quantification and Persuasion in Managerial JudgementContemporary Accounting Research
2005 Accounting involves assigning numbers to events—quantifying them. Conventional wisdom holds that putting numbers to an argument enhances its persuasive power. There is, however, little scholarly evidence to support or refute this claim, in accounting or ...
The effect of control systems on trust and cooperation in collaborative environmentsThe Accounting Review
2005 Because of conflicting incentives among participants, collaborations (eg, strategic alliances, joint ventures, and work teams) present a significant control challenge to managerial accountants. On the one hand, formal controls such as sanctioning and monitoring ...
Control in a teamwork environment - The impact of social ties on the effectiveness of mutual monitoring contractsThe Accounting Review
2003 This study examines control in a teamwork setting, experimentally investigating two financial incentive systems that have been proposed in the agency-theory-based analytic literature. Both systems rely on mutual monitoring-the ability of team members to observe each ...
Negotiated transfer pricing: Is fairness easier said than done?The Accounting Review
2002 Questionnaire responses reported by Luft and Libby (1997) reveal that transfer price negotiators expect fairness-based price concessions that moderate the influence of an outside market price when the outside market price strongly favors one of the parties. We ...
In the News (2)
Sports doesn’t hold monopoly on high-stake tournaments
“There’s all kinds of evidence that people get a kick out of winning, even when a prize is not attached,” said Goizueta Business School Accounting Professor Kristy Towry, who researches behavioral economics.
Carrots, Not Sticks Motivate Workers
Michigan State University online
Sedatole authored the study – titled “Sticks and Carrots: The Effect of Contract Frame on Effort in Incomplete Contracts” – with Margaret Christ of the University of Georgia and Kristy Towry of Emory University...