Fulton Hall 538
Telephone: 617-552-2144
Email: maryellen.carter.1@bc.edu
Financial Accounting; Executive Compensation; and Corporate Governance
Professor Mary Ellen Carter studies the effects of financial reporting and regulation on incentives and executive compensation. Recent research includes gender pay gaps, labor market pressures on compensation and the influence of compensation consultants on CEO pay. She has published in Journal of Accounting and Economics, Journal of Accounting Research, The Accounting Review, Review of Accounting Studies, and Journal of Financial Economics. In addition, she has been featured in Forbes, the Financial Times, and The New York Times, as well as other business media. She is currently an editor at The Accounting Review and associate editor at Management Science.
Before joining the Carroll School, she was a faculty member at the Wharton School and the Columbia Business School. She teaches intermediate accounting to undergraduates.
“Board committee overlap and the use of earnings in CEO compensation contracts.” (With Melissa Martin and Luann Lynch.) Management Science, 68 (8). August, 2022.
“The Effect of Supplier Industry Competition on Pay-for-Performance Incentive Intensity.” (With Jen Choi and Karen Sedatole.) Journal of Accounting and Economics, 71 (2-3). April-May 2021.
“The Participation Constraint and CEO Equity Grants” (With Brian Cadman and Xiaoxia Peng.) The Accounting Review, 96 (1), 67-89. January 2021.
“Matching Premiums in Executive Labor Markets.” (With Francesca Franco and Irem Tuna.) The Accounting Review, 94 (6), 109-136. November, 2019
“Executive Gender Pay Gaps: The Roles of Female Risk Aversion and Board Representation” (With Francesca Franco and Mireia Gine.) Contemporary Accounting Research, 34 (2), 1232-1264. November, 2016.
“Institutional Investor Preferences for Corporate Governance Mechanisms” (With Brian Bushee and Joseph Gerakos.) Journal of Management Accounting Research, 26 (2), 123-149. 2014.
“Compensation Peer Groups and the Relation to Executive Compensation” (With Brian Cadman.) Journal of Management Accounting Research, 26 (1), 57-82. April, 2014
“The Incentives of Compensation Consultants on CEO Pay” (With Brian Cadman and Stephen Hillegeist.) Journal of Accounting and Economics, 49 (3), 263-280. April, 2010.
“Explicit Relative Performance Evaluation in Performance-Vested Equity Grants” (With Christopher Ittner and Sarah Zechman.) Review of Accounting Studies, 14 (2-3), 260-306. February, 2009.
“The Role of Accounting in the Design of CEO Equity Compensation” (With Luann Lynch and Irem Tuna.) The Accounting Review, 82 (2), 327-357. March, 2007.
Before joining the faculty at Boston College, Professor Carter was an Assistant Professor at the Columbia Business School of Columbia University and at The Wharton School of the University of Pennsylvania. She is a CPA and, prior to her academic career, worked for Coopers and Lybrand in Boston as a senior audit associate.