Stanley Baiman, who was the chairman of the ESMT Academic Board from 2011 until 2017, joined the ESMT faculty as a distinguished affiliate professor in April 2015. He is also the William H. Lawrence Emeritus Professor at The Wharton School, University of Pennsylvania. Stanley received his PhD from the Graduate School of Business, Stanford University.
Stanley’s area of research interest is the design of incentive mechanisms within firms and within supply chains. Among the topics which he has studied are the design of: multi-stage capital budgeting systems, internal transfer pricing systems, supply chain monitoring and contracting, and inventory buffers. He has published in: Journal of Accounting Research, Journal of Accounting and Economics, The Accounting Review, The Review of Accounting Studies, Accounting Organizations and Society, and Management Science. He received the 2014 Lifetime Contribution Award from the Management Accounting Section of the American Accounting Association and the 2004 Notable Contribution to Management Accounting Literature Award from the American Accounting Association. He has served as the Managing Editor of The Review of Accounting Studies and on the editorial boards of: Journal of Accounting Research, Journal of Accounting and Economics, The Accounting Review, and Accounting, Organizations and Society.
In addition to teaching an incentive contracting course in the doctoral program, Stanley has taught financial accounting and managerial accounting in the undergraduate, MBA and Executive Education programs. He has been on the faculty of Carnegie Mellon University and the University of Pittsburgh and a visiting faculty member at Stanford University and the London School of Economics.