Adam Olson

Headshot of Adam Olson, PhD, CPA

Adam Olson, PhD, CPA

Assistant Professor, Department of Accounting

2326 Carl H. Lindner Hall

513-556-4647

Adam Olson received a bachelor's 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.

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Teaching Interest
Taxation

Research Interest
How tax and accounting impacts business decisions and outcomes.

Awards | Honors
Organization: Lindner College of Business
Name: Deans List of Teaching Excellence
Year Received: 2017

Organization: Lindner College of Business
Name: Deans List of Teaching Excellence
Year Received: 2016

Education
Institution: Texas A&M University
Major: Accounting
Completed: 2015
Degree: PhD

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

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

Published Contributions
o Olson, A. (in press). Consequences of Executive Focus on Support Activities: Evidence from Executive Influence on Firm Tax Strategy. Journal of Management Accounting Research.

o Olson, A., Barrick, J., Tayler, W. B., Rajgopal, S., Bai, G. (in press). Lobbying Expenditures of the Health Sector During the COVID-19 Pandemic. Journal of General Internal Medicine. http://dx.doi.org/10.1007/s11606-020-06085-6.

Anwer Ahmed, Brant Christensen, Adam Olson, Chris Yust,  (Accepted). Déjà vu: The Effect of Executives and Directors with Prior Banking Crisis Experience on Bank Outcomes around the Global Financial Crisis. Contemporary Accounting Research.

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.

Research in progress
Title: Is Accounting Effective Tax Rate Research Policy Relevant?
Description: We examine the relation between effective tax rate measures used in prior accounting research and economy and policy related numbers.  We then examine which accounting papers may be used to improve tax regulations.
Status: On-Going
Research Type: Scholarly

Title: The Return to Lobbying
Description: We examine the return organizations receive from their lobbying and other political efforts over the last 10 years and around the COVID-19 pandemic.
Status: Writing Results
Research Type: Scholarly

Title: An Examination of Tax Lobbyist Knowledge and Connections
Description: We hand collect data about the connections lobbyists have with each other and with members of congress. We then examine how those connections impact their lobbying.
Status: On-Going
Research Type: Scholarly

Title: Consequences of Executive Focus on Support Activities: Evidence from Executive Influence on Firm Tax Strategy
Description: Should executives solely focus on core activities of the firm? Or is it beneficial to focus on both core and support activities? It could be the case that executives focused on support activities are attempting to multitask which will limit their accuracy and productivity. Alternatively, these executives focused on support activities could be obtaining synergies and knowledge spillover. Or it could be the case that multitasking limits and synergies both occur and vary according to situation or executive. Using executive influence on firm tax strategy as a proxy for executive focus on support activities, I find that executive focus on support activities is associated with poorer firm performance and negative executive labor market consequences. These results are partially moderated by executive ability, background, position, and year. Overall the results suggest that top executives perform best when focused solely on core activities. The results also suggest that executives should hire or contract competent individuals to focus on support activities.
Status: On-Going
Research Type: Scholarly

Title: Examining Tax Lobbying in a Competitive Environment
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

Title: Examining the Academic Labor Market
Description: We examine the accounting academic labor market.
Status: On-Going
Research Type: Scholarly

Title: Firm Risk and Employee Health
Description: We examine the role employee health plays in the risks firms take.
Status: Writing Results
Research Type: Scholarly

Title: Geographic Dispersion and Tax Outcomes
Description: We examine the relationship between firm geographic dispersion and their tax outcomes.
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: Strategic Alliances and Domestic Tax Avoidance using the R&D Tax Credit
Description: We examine how firms avoid domestic taxes through the R&D tax credit and strategic alliances.
Status: Writing Results
Research Type: Scholarly

Title: The Value Proposition of Lobbyists
Description: We examine whether what you know or who you know matters more in tax lobbying and other lobbying issues.
Status: Writing Results
Research Type: Scholarly

Media Contributions
Medical Express. (August 2020). https://medicalxpress.com/news/2020-08-health-sector-big-pharma-spent.html  
Daily Mail. (August 2020). https://www.dailymail.co.uk/health/article-8620057/Big-Pharma-spent-nearly-250-million-lobby-lawmakers-amid-coronavirus-pandemic.html 

Presentations
Title: Lobbying with the Competition: Do Firm Differentiation, Law Specificity, and Firm Strategy Matter?
Organization: 2020 Hawaii Accounting Research Conference
Location: University of Hawaii, Hawaii
Year: 2020

Title: Is Accounting Effective Tax Rate Research Policy Relevant?
Organization: 2019 BYU Accounting Research Symposium
Loocation: Provo, UT
Year: 2019

Title: The Value Proposition of Lobbyists
Organization: Miami University
Location: Oxford, OH
Year: 2019

Title: The Value Proposition of Lobbyists
Organization: Brigham Young University
Location: Provo, UT
Year: 2018

Title: Examining Tax Lobbying in a Competitive Environment:  A Game Theory Approach
Organization: American Accounting Association
Location: National Harbor, MD
Year: 2018

Title: Examining Tax Lobbying in a Competitive Environment:  A Game Theory Approach
Organization: Brigham Young University
Location: Provo, UT
Year: 2017

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

Service
Auditing: A Journal of Practice & Theory, Reviewer, Ad Hoc Reviewer, August 2020 - Present, Annual Hrs: 20

Asian Review of Accounting, Reviewer, Ad Hoc Reviewer, July 2020 - Present, Annual Hrs: 20

Reviewer, Conference Paper, Hawaii Accounting Research Conference. (August 2020 - September 2020).