Carl H. Lindner College of BusinessCarl H. Lindner College of BusinessUniversity of Cincinnati

Carl H. Lindner College of Business

Adam Olson, PhD, CPA

Assistant Professor
Professional Summary
Adam Olson received a bachelors degree in economics from Brigham Young University, a masters degree in accounting from the University of Texas at Austin, and a PhD in accounting from Texas A&M University. He enjoys research and teaching and spends his spare time with his wife and four sons.
Contact Information
E-mail:
Office:
326 Carl H. Lindner Hall
Phone:
513-556-4647
Fax:
513-556-6278
Teaching Interest
  • Taxation
Research Interest
  • How tax and accounting impacts business decisions and outcomes.
Education

Institution:
Texas A&M University
Major:
Accounting
Completed:
2015
Degree:
Ph D


Institution:
University of Texas at Austin
Major:
Accounting
Completed:
2008
Degree:
Other


Institution:
Brigham Young University
Major:
Economics
Completed:
2007
Degree:
BA


Published Contributions

Adam Olson, Sean McGuire, Stevanie Neuman, Thomas Omer,  (2016). Do Investors Use Prior Tax Avoidance when Pricing Tax Loss Carryforwards?. Journal of the American Taxation Association, 27-49.


Adam Olson, Brant Christensen, Thomas Omer,  (2015). The Role of Audit Firm Expertise and Knowledge Spillover in Mitigating Earnings Management through the Tax Accounts. Journal of the American Taxation Association, 3-36.



Accepted Contributions



Research in progress

Title:
Deja Vu: The Effect of Executives and Directors with S&L Crisis Experience on Bank Outcomes around the Global Financial Crisis

Description:
Anecdotal and empirical evidence suggest virtually no one anticipated the global financial crisis (GFC). However, bank executives and directors with previous experience leading banks through a crisis may have been better able to anticipate and effectively respond to the GFC. We examine whether bank performance and risk taking are affected by having executives or directors who previously served as bank executives or directors during the banking crises of the 1980’s and early 1990’s. Controlling for executive and director characteristics such as age and general experience, we find banks led by executives and directors with previous bank crisis experience exhibit stronger performance and lower risk taking immediately before and during the GFC. Our results are robust to additional specifications and analysis including using propensity-score matched samples. Collectively, our results suggest these individuals were able to learn from prior crisis experience and at least partially mitigate the negative effects of the GFC.

Status:
On-Going

Research Type:
Scholarly


Title:
Examining the Academic Labor Market

Description:
We examine the accounting academic labor market.

Status:
On-Going

Research Type:
Scholarly


Title:
Investors and Boards Reactions to Accounting for Income Tax Failures

Description:
We examine stock market reactions and CFO turnover after material control weaknesses and restatements due to accounting for income taxes. Prior research provides mixed evidence about the seriousness of these accounting failures. We find evidence consistent with the stock market treating accounting for income tax failures the same as other accounting failures. We then find evidence that CFO turnover is less than expected after accounting for income tax control weaknesses but more than expected after accounting for income tax restatements. Additional analysis suggests that this pattern of CFO turnover is not due simply to the complexity of accounting for income taxes, but rather other idiosyncrasies of accounting for income taxes such as timing and in house talent.

Status:
Writing Results

Research Type:
Scholarly


Title:
Socioemotional Wealth and Family Firm Performance

Description:
Prior research has shown that family firms differ from non-family firms across various dimensions (Gomez-Mejia et al. 2011). Yet despite these differences in behavior, prior research has found mixed results regarding differences in performance (Sacristan-Navarro et al. 2011). By examining situations where incentives from the socioemotional and financial wealth of the family firm align (misalign), we find situations where family firms should outperform (underperform) their non-family counterparts. Using a large sample of European firms from 2002 to 2010, we find results consistent with our hypotheses. These findings add to the family firm literature by identifying situations where family firms perform better and situations where family firms perform worse than other firms. They also further our understanding socioemotional wealth and give context to the relationship between socioemotional wealth and financial wealth.

Status:
On-Going

Research Type:
Scholarly


Title:
The Consequences of Executive Focus on Support Activities: Evidence from Executive Influence on Firm Tax Strategy

Description:
Executive focus on support activities (support focus) could represent either a lack of focus on core activities or an ability to focus on multiple things at once. Using executive influence on firm tax strategy (Dyreng et al. 2010) as a proxy for support focus, I provide empirical evidence of the consequences of support focus. I find that support focus is associated with poorer firm performance and negative labor market consequences for the executives, consistent with a lack of focus on core activities. My results are robust to alternative proxies for support activities, firm performance, and executive labor market consequences. This study furthers our understanding of support focus, the executive labor market, and executive influence on firm tax strategy.

Status:
On-Going

Research Type:
Scholarly


Title:
Why Help your Competitors? A Game Theory Examination of Tax Lobbying

Description:
Prior research has documented large returns to tax lobbying and the ability to free ride on competitors’ tax lobbying. These results raise the three competing questions: why do firms not lobby more to receive large returns, why do firms lobby at all if they can free ride, and why do firms lobby when doing so can assist their competitors? We use a game theoretic model to examine tax lobbying in a competitive environment.

Status:
On-Going

Research Type:
Scholarly


Presentations

Title:
Why Help Your Competitors? A Game Theory Examination of Tax Lobbying
Organization:
Midwest Economics Association
Location:
Cincinnati, OH
Year:
2017


Title:
Investors and Boards Reactions to Accounting for Income Tax Failures
Organization:
Ball State University
Location:
Muncie, IN
Year:
2016


Title:
An Examination of Accounting for Income Tax Failures
Organization:
Brigham Young University
Location:
Provo, UT
Year:
2016