Maximilian MuhnView profile
Associate Professor
Maximilian Muhn is an Associate Professor of Accounting at the University of Chicago Booth School of Business. He joined Chicago Booth as an assistant professor of accounting in 2019 and was promoted to Associate Professor. His academic career focuses on empirical accounting research with particular emphasis on financial transparency and disclosure practices. Muhn received his PhD in accounting from Humboldt University of Berlin and holds an MSc and BSc in business administration from the University of Münster, Germany. Prior to his academic career, he gained professional experience in consulting (McKinsey & Company and Boston Consulting Group), auditing (KPMG and Deloitte), and management accounting (BASF and ThyssenKrupp Steel). His research primarily investigates the determinants and consequences of firms' financial transparency, as well as the effects of financial market and transparency regulation. Muhn employs diverse methodologies including field experiments, archival studies, and applications of large language models in financial analysis. His work examines how different stakeholders (investors, consumers, regulators) use and respond to corporate disclosures. Muhn teaches Financial Accounting in the Evening and Weekend MBA Program at Chicago Booth, where he aims to enable students to 'speak' the language of accounting and understand its economic foundations. His teaching emphasizes practical applications of accounting concepts in business decision-making. His scholarly contributions include publications in top accounting journals such as the Journal of Accounting Research, with recent work focusing on risk disclosures, financial transparency of private firms, consumer use of firm disclosure, and the application of generative AI in financial analysis. His research often combines traditional accounting approaches with innovative methodologies like large-scale field experiments. Muhn has collaborated with prominent scholars including Luzi Hail, David Oesch, Joachim Gassen, and Christian Leuz. His research has practical implications for corporate disclosure practices, regulatory policies, and investor decision-making. He maintains an active research agenda with several working papers in areas including private firm disclosure, generative AI applications in finance, and social disclosure decisions.
