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Steven Kachelmeier


Department:     Accounting

Additional Titles:     Thomas O. Hicks Endowed Chair in Business

Research Areas:     Accounting - Financial, Auditing

Steve Kachelmeier headshot


Steven Kachelmeier is a professor and chair of accounting for The University of Texas at Austin’s McCombs School of Business. He joined the University in 1988 and has led courses on auditing, accounting research, advanced financial accounting, and accounting theory.

A well-respected researcher, Kachelmeier has made many contributions to studying and improving financial performance and management. One of his most successful articles – written for The American Economic Review – examines people’s financial risk-taking preferences and how these preferences affect the effectiveness of monetary incentives. His other successful works have been published in respected journals such as the Journal of Accounting Research, Accounting Review, and Accounting Horizons.

For his career achievements and contributions, Kachelmeier has been invited to presentations at Cornell University, Pennsylvania State University, and Rutgers University, among many others. He has also been invited to conferences and symposia for dozens of organizations, including the Economic Science Association, American Accounting Association, and the Global Management Accounting Research Symposium. He has served on editorial boards for national and international journals such as the International Journal of Accounting and The Accounting Review.

Kachelmeier earned a BBA from the University of New Mexico summa cum laude. He earned a Ph.D. from the University of Florida.



Faculty Appreciation Award, Office of Services for Students with Disabilities


Regents’ Outstanding Teaching Award, The University of Texas



MBA Elective Faculty Honor Roll for Outstanding Teaching in the MBA Program



Alpha Kappa Psi “Best Professor” Award for Outstanding Undergraduate Teaching in the College of Business, The University of Texas at Austin



PricewaterhouseCoopers Faculty Fellow



Outstanding Teaching Award, Master of Professional Accounting Council, The University of Texas at Austin

Jeremy D. Douthit, Steven J. Kachelmeier, and Ben W. Van Landuyt. Does Auditor Assurance of Client Prosocial Activities Affect Subsequent Reporter-Auditor Negotiations? Accounting, Organizations and Society 112: 101550.  Forthcoming.

Steven J. Kachelmeier, R. Alan Webb, and Michael G. Williamson. Mar 2024. Do Performance-Contingent Incentives Help or Hinder Divergent Thinking?The Accounting Review 99(2): 229-248.

Steven J. Kachelmeier, Michael G. Williamson, and Xinyu Zhang. We’re in this Together: The Motivational Effects of Tangible Rewards in a Group Setting. Contemporary Accounting Research. 40(2): 842-867.

Steven J. Kachelmeier, and Dan Rimkus. November 2022. Does Seeking Audit Evidence Impede the Willingness to Impose Audit Adjustments? The Accounting Review 97(7): 269-293.

A Matter of Appearances: How Does Auditing Expertise Benefit Audit Committees When Selecting Auditors? By: Matthew Baugh, Nicholas J.Hallman, Steven J. Kachelmeier. Contemporary Accounting Research. Mar2022, Vol. 39 Issue 1, p234-270.

Eric Chan, Steven J. Kachelmeier, and Xinyu Zhang. 2021. Working Longer but Not Harder: The Effects of Incentivizing Inputs versus Outputs in a Heterogeneous Workforce. The Accounting Review 96(5), 133-156.

Jaime Schmidt, Steven J. Kachelmeier, Daniel Rimkus, and Kristine Valentine. 2020. The Forewarning Effect of Critical Audit Matter Disclosures Involving Measurement Uncertainty. Contemporary Accounting Research 37(4), 2186-2212.

Steven J. Kachelmeier. 2019. Discussion of “The Informativeness of Relative Performance Information and Its Effect on Effort Allocation in a Multitask Environment”. Contemporary Accounting Research 36(3), 1628-1633.

Steven J. Kachelmeier, Laura W. Wang, and Michael G. Williamson. 2019. Incentivizing the Creative Process: From Initial Quantity to Eventual Creativity. The Accounting Review 94(2), 249-266.

Steven J. Kachelmeier. 2018. Do Journals Signal or Reflect? An Alternative Perspective on Editorial Board Composition. Critical Perspectives on Accounting 51, 62-69.

Steven J. Kachelmeier. 2018. Testing Auditor-Client Interactions Without Letting Auditors and Clients Fully Interact: Comments on Bennett and Hatfield (2018). Accounting, Organizations and Society 68, 58-62.

Steven J. Kachelmeier and Ben W. Van Landuyt. 2017. Prompting the Benefit of the Doubt: The Joint Effect of Auditor-Client Social Bonds and Measurement Uncertainty on Audit Adjustments. Journal of Accounting Research 55(4), 963-994.

Steven J. Kachelmeier, Todd A. Thornock, and Michael G. Williamson. 2016. Communicated Values as Informal Controls: Promoting Quality While Undermining Productivity? Contemporary Accounting Research 33(4), 1411-1434.

Steven J. Kachelmeier, Stephanie J. Rasmussen, and Jaime Schmidt. 2016. When Do Ineffective Audit Committee Members Experience Turnover? Contemporary Accounting Research 33(1), 228-260.

Steven J. Kachelmeier, Tracie Majors, and Michael G Williamson. 2014. Does Intent Modify Risk-Based Auditing? The Accounting Review 89(6), 2181-2201.

Steven J. Kachelmeier. 2011. Introduction to a Forum on Internal Control Reporting and Corporate Debt. The Accounting Review 86(4), 1129-1130.

Steven J. Kachelmeier and Michael G Williamson. 2010. Attracting Creativity: The Initial and Aggregate Effects of Contract Section on Creativity-Weighted Productivity. The Accounting Review 85(5), 1669-1691.

Kendall O. Bowlin, Jeffrey W. Hales, and Steven J. Kachelmeier. 2009. Experimental Evidence of How Prior Experience as an Auditor Influences Managers’ Strategic Reporting Decisions. Review of Accounting Studies 14(1), 63-87.

Steven J. Kachelmeier. 2009. Introduction to the Forum on the Mapping of Analysts' Forecasts to Analysts' Recommendations. The Accounting Review 84, 1015-1015.

Steven J. Kachelmeier, Bernhard E Reichert, and Michael G Williamson. 2008. Measuring and Motivating Quantity, Creativity or Both. Journal of Accounting Research 46(2), 341-373.

Jeffrey W. Hales and Steven J. Kachelmeier. 2008. Predicting Relative Performance in Economic Competition. Journal of Behavioral Finance 9(4), 187-192.

Plumlee, R. David, Steven J. Kachelmeier, Madeo, Silvia A, Pratt, Jamie H, and Krull, George. 2006. Assessing the Shortage of Accounting Faculty. Issues in Accounting Education 21, 113-125.

Steven J. Kachelmeier. 2006. Education Means More Than Teaching. Journal of Accountancy 201, 38.

Steven J. Kachelmeier and Jessen L. Hobson. 2005. Strategic Disclosure of Risky Prospects: A Laboratory Experiment. The Accounting Review 80, 825-846.

Steven J. Kachelmeier and Kristy L. Towry. 2005. The Limitations of Experimental Design: A Case Study Involving Monetary Incentive Effects in Laboratory Markets. Experimental Economics 8, 21-33.

Steven J. Kachelmeier. 2004. Reviewing the Review Process. Journal of the American Taxation Association Supplement, 143-154.

Steven J. Kachelmeier. 2002. In Defense of Accounting Education. The CPA Journal 72, 34-38.

Steven J. Kachelmeier and Kristy L. Towry. 2002. Negotiated Transfer Pricing: Is Fairness Easier Said than Done? The Accounting Review 77, 571-593.

Steven J. Kachelmeier and Ronald R. King. 2002. Using Laboratory Experiments to Investigate Accounting Policy Issues. Accounting Horizons 16, 219-232.

William F. Messier, Jr., Steven J. Kachelmeier, and Kevan L. Jensen. 2001. An Experimental Assessment of Recent Professional Developments in Nonstatistical Audit Sampling Guidance. Auditing: A Journal of Practice and Theory 20, 81-96.

J. Richard Dietrich, Steven J. Kachelmeier, Don N. Kleinmuntz, and Thomas J. Linsmeier. 2001. Market Efficiency, Bounded Rationality, and Supplemental Business Reporting Disclosures. Journal of Accounting Research 39, 243-268.

Benjamin C. Ayers, Steven J. Kachelmeier, and John R. Robinson. 1999. Why Do People Give Interest-Free Loans to the Government? An Experimental Study of Interim Tax Payments. Journal of the American Taxation Association 21, 55-74.

Christine M. Haynes and Steven J. Kachelmeier. 1998. The Effects of Accounting Contexts on Accounting Decisions: A Synthesis of Cognitive and Economic Perspectives in Accounting Experimentation. Journal of Accounting Literature 17, 97-136.

Steven J. Kachelmeier and Mohamed Shehata. 1997. Internal Auditing and Voluntary Cooperation in Firms: A Cross-Cultural Experiment. The Accounting Review 72, 407-431.

Steven J. Kachelmeier. 1997. International Accounting, Diversity and Harmonization, in Encyclopedia of Accounting, A. Rashad Abdel-Khalik, ed. London, England: Blackwell Publishing, 189-194.

Steven J. Kachelmeier. 1996. Discussion of Tax Advice and Reporting Under Uncertainty: Theory and Experimental Evidence. Contemporary Accounting Research 13, 81-89.

Steven J. Kachelmeier. 1996. Do Cosmetic Reporting Variations Affect Market Behavior? A Laboratory Study of the Accounting Emphasis on Unavoidable Costs. Review of Accounting Studies 1, 115-140.

Steven J. Kachelmeier. 1995. Discussion of Income Tax Subsidies and Research and Development Spending in a Competitive Economy: An Experimental Study. Journal of the American Taxation Association 17, 26-35.

Steven J. Kachelmeier, J. Reed Smith, and William F. Yancey. 1994. Budgets as a Credible Threat: An Experimental Study of Cheap Talk and Forward Induction. Journal of Management Accounting Research 6, 144-174.

Steven J. Kachelmeier. 1994. Discussion of An Experimental Investigation of Alternative Damage-Sharing Liability Regimes with an Auditing Perspective. Journal of Accounting Research 32, 131-139.

Steven J. Kachelmeier and Mohamed Shehata. 1994. Examining Risk Preferences Under High Monetary Incentives: Reply. The American Economic Review 84, 1105-1106.

Steven J. Kachelmeier, Stephen T. Limberg, and Michael S. Schadewald. 1994. Experimental Evidence of Market Reactions to New Consumption Taxes. Contemporary Accounting Research 10, 505-545.

Steven J. Kachelmeier and Mohamed Shehata. 1994. Perspectives on the Cross-Cultural Experimental Examination of Economic Models. Journal of Organizational Computing 4, 85-99.

Steven J. Kachelmeier and Michael H. Granof. 1993. Depreciation and Capital Investment Decisions: Experimental Evidence in a Governmental Setting. Journal of Accounting and Public Policy 12, 291-323.

Steven J. Kachelmeier and Mohamed Shehata. 1992. Culture and Competition: A Laboratory Market Comparison Between China and the West. Journal of Economic Behavior and Organization 19, 145-168.

Steven J. Kachelmeier, John D. Jones, and Joyce A. Keller. 1992. Evaluating the Effectiveness of a Computer-Intensive Learning Aid for Teaching Pension Accounting. Issues in Accounting Education 7, 164-178.

Steven J. Kachelmeier and Mohamed Shehata. 1992. Examining Risk Preferences Under High Monetary Incentives: Experimental Evidence from the People's Republic of China. The American Economic Review 82, 1120-1141.

Steven J. Kachelmeier, Stephen T. Limberg, and Michael S. Schadewald. 1991. A Laboratory Market Examination of the Consumer Price Response to Information About Producers' Costs and Profits. The Accounting Review 66, 694-717.

Steven J. Kachelmeier. 1991. A Laboratory Market Investigation of the Demand for Strategic Auditing. Auditing: A Journal of Practice and Theory 10, 25-48.

Steven J. Kachelmeier, Stephen T. Limberg, and Michael S. Schadewald. 1991. Fairness in Markets: A Laboratory Investigation. Journal of Economic Psychology 12, 447-464.

Steven J. Kachelmeier and William F. Messier, Jr.. 1991. Nonstatistical Sample Sizes: The Effect of the Audit Guide Decision Aid. The CPA Journal 61, 55-57.

Steven J. Kachelmeier and William F. Messier, Jr.. 1990. An Investigation of the Influence of a Nonstatistical Decision Aid on Auditor Sample Size Decisions. The Accounting Review 65, 209-226.

Jaime Schmidt, Steven J. Kachelmeier, Daniel Rimkus, and Kristine Valentine. The Forewarning Effect of Critical Audit Matter Disclosures Involving Measurement Uncertainty. Contemporary Accounting Research.