Henri Akono, Ph.D.

Henri Akono, Ph.D., is an Associate Professor of Accounting at the Maine Business School. He holds a Ph.D. from the University of Texas at San Antonio. His research interests include executive compensation, capital market audits, and analyst forecasts and recommendations. His research is published in accounting and finance journals such as Accounting and Business Research, Advances in Accounting, Review of Accounting and Finance, and Internal Auditing. He has also co-authored a chapter on audit fees and production models in the Routledge Companion to Auditing.

Education

  • Ph.D., Accounting, The University of Texas at San Antonio (2013)
  • M.S., Finance, Rochester Institute of Technology (2006)
  • M.S., Agribusiness and Agricultural Economics, North Dakota State University (2005)
  • B.S., Banking and Finance, University of Buea, Cameroon (2003)

Teaching Areas

  • Principles of Managerial Accounting
  • Principles of Financial Accounting
  • Cost Accounting
  • Auditing
  • Advanced Managerial Accounting
  • Advanced Financial Accounting (MBA)

Research Interests

  • Executive compensation
  • Capital market audits
  • Corporate governance
  • Analysts forecasts and recommendations

Dr. Henri Akono’s CV

Service Work / Consulting

Peer reviewer for academic journals

  • Review of Accounting and Finance
  • Applied Economics
  • Accounting Horizons
  • Accounting Research Journal
  • Advances in Accounting Behavioral Research

American Accounting Association (AAA)

  • Reviewer, AAA Northeast meetings, 2017-2019
  • Backup moderator, AAA Northeast meeting, 2019
  • Discussant, AAA Northeast meetings 2017-2018
  • Member of engagement subcommittee, AAA Northeast meeting, 2017
  • Reviewer, AAA annual meetings, 2011-present

Maine Business School

  • Current member: Undergraduate Curriculum and Learning Committee
  • Current member: Tenure & Reappointment Committee
  • Current member: Policy & Advisory Committee
  • Member: Ad Hoc Committee on Three weeks MBS classes, Spring 2020
  • Acting Chair: Assurance of Learning Committee, Spring 2020
  • Search Committee Chair: HAF Accounting Faculty, Spring 2019
  • Search Committee Chair: undergraduate Accounting Faculty, Spring 2019
  • Member: Executive Committee, Spring 2019
  • Member: Student Alumni and Affairs Committee, Fall 2018
  • Member: Ad Hoc Ethics Committee, Fall 2018
  • Member: Undergraduate Curriculum Committee, Fall 2016 – Summer 2018
  • Member: Information Technology Committee (MBS), Fall 2014 – Summer 2016

University of Maine

  • Current: Faculty Senate MBS representative, 1st term until Spring 2023
  • Reviewer: UMaine Concept papers, November 2019
  • Member: University Research Council, Fall 2017 – Spring 2019
  • Member: Executive Committee of University Research Council, Spring 2017

Awards / Professional Accomplishments

  • Maine Business School – Online Course Development Award, Summer 2019
  • Maine Business School – Research Funds, Summer 2019
  • Maine Business School – Salgo Research Funds, Summer 2018
  • Maine Business School – Research Award, Spring 2017
  • AAA Doctoral Consortium Fellow, Lake Tahoe, CA. 2009
  • Beta Gamma Sigma, Rochester Institute of Technology, 2006
  • Graduate Merit Award, Rochester Institute of Technology, 2005

Publications

Peer-Reviewed Journal Articles

Akono, H., (2020). Audit firm tenure and perceived audit quality: Evidence from CEO incentive contracts. Review of Accounting and Finance. https://doi.org/10.1108/RAF-07-2018-0139

Akono, H. and K. Karim, (2019). Convertible debt and internal audit plans. Internal Auditing. Vol. 34 No. 1, pp: 37-39.

Akono, H., Karim, K., and E. Nwaeze, (2019). Analyst rounding of EPS forecasts and stock recommendations. Advances in Accounting. Vol. 44, pp: 68-80.

Akono, H. and E. Nwaeze, (2018). Why and how firms use Operating Cash Flows in contracts. Accounting and Business Research. Vol. 48 No. 4, pp: 400-426.

Akono, H., (2018). Managerial equity-based incentives and anti-dilutive convertible debt decisions. Review of Accounting and Finance Vol. 17 No. 3, pp: 341-358.

Akono, H. and W. Nganje, (2018). Investors’ expectations of new generation cooperatives’ equity and implications for financing. International Journal of Business and Social Sciences Vol. 9 No. 2, pp: 1-13.

Akono, H., (2016). Free Cash Flows and Executive Compensation. International Journal of Business and Social Sciences 7 No. 4, pp: 11-34.

Book Chapter

Akono, H. and M. Stein, (2014). “Estimating audit fee and production models”. Chapter 4 of The Routledge Companion to Auditing, edited by Hay, D., Knechel, W.R. and M., Willekens. Routledge: 276-286.

Conference Presentations

Akono, H., K. Karim, and A. Tao. Audit partner gender and the reporting of conservative earnings (Virtual presentation at AAA annual meeting 2020).

Akono, H., K. Karim, and A. Tao. Audit partner gender and the reporting of conservative earnings (Presented by co-author at AAA northeast meeting 2019, New York City, NY).

Akono, H. Audit tenure and incentive contracting. (Presented at the AAA annual meeting, August 2019, San Francisco, CA).

Akono, H. Audit firm tenure and incentive contracting. (Presented at UMass Lowell Speaker Series, April 2019, Lowell, MA).

Akono, H., Choi, H., and K. Karim. Convertible debt usage and audit fees. (Presented at the AAA Northeast Region meeting 2018, Old Greenwich, CT).

Akono, H., Choi, H., and K. Karim. Convertible debt usage and audit fees. (Presented at the AAA annual meeting, August 2018, National Harbor, MD).

Akono, H. Managerial equity-based incentives and anti-dilutive convertible debt decisions. (Presented at the AAA Northeast Regional Meeting, October 2017, Providence, RI).

Akono, H., Hranaiova, J., Stein, M., and A. Vinelli. Audit Production and Markets: evidence from the U.S. (Presented at the PCAOB academic conference April 2011, Washington, DC).

Akono, H., Karim, K., and E.T. Nwaeze. Analysts Rounding of EPS Forecasts and Stock Recommendations. (Presented at the AAA Financial Accounting and Reporting Section mid-year conference January 2011).

Akono, H., Karim, K., and E.T. Nwaeze. Analyst Experience, Rounding of EPS Forecasts, and Trading Recommendations. (Presented at the AAA annual conference August 2010).

Akono, H., Karim, K., and E.T. Nwaeze. Analyst Experience and Rounding of EPS Forecasts. (Presented at the AAA Mid-Atlantic section conference April 2010).

Akono, H. and E.T. Nwaeze. Free Cash Flows and Executive Compensation. (Presented at the poster session of AAA conference August 2009).

Akono, H. and E.T. Nwaeze. Managerial Ownership, Firm Characteristics, and the Information Content of Earnings. (Presented at the AAA conference August 2008).