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Dr. Efrat Shust, Associate Professor

Contact Info

The Open University of Israel Department of Management and Economics One University Road P.O.B. 808 Ra’anana 4353701, Israel
Office:09-7781891 Email:efratshu@openu.ac.il

Additional Information

My CRIS profile

Efrat Shust is a senior lecturer at the Open University of Israel, Department of Management and Economics. She holds a Ph.D. in Finance-Accounting from Tel-Aviv University. Her research interests focus on earnings management, fair value measurement, corporate governance, executive compensation and cost behavior.

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2013
PhD, Tel-Aviv University
Business Administration – the Finance-Accounting program
2002
B.A, The Tel-Aviv Yafo Academic College
Computer Science
2001
MBA, Tel-Aviv University
Business Administration , concentrations in Finance-Accounting and Technology Management and Information Systems
Magna cum Laude
1999
LLB, Tel-Aviv University
1999
B.A. equivalent, Tel Aviv University
Accounting
Magna cum Laude
2018
Senior lecturer, The Department of Management and Economics, The Open University of Israel
2017-2018
Post-doctoral fellow, The Department of Economics, Bar Ilan University
2015-2017
Lecturer, School of Business, The College of Management
2013-2015
Post-doctoral fellow, The Jerusalem School of Business Administration, The Jerusalem School of Business Administration
2008-2013
Adjunct Lecturer, the Faculty of Management, Tel-Aviv University
2001-2012
BDO Ziv-Haft Consulting and Management Ltd. , (the consulting firm of the Israeli branch of BDO)
2001-2002
Leshem, Brendwein, Advocates
Law internship

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Shust, E., & Weiss, D. (2014). Discussion of asymmetric cost behavior—Sticky costs: Expenses versus cash flows. Journal of Management Accounting Research, 26(2), 81-90.‏

Shust, E. (2015). Does research and development activity increase accrual-based earnings management?. Journal of Accounting, Auditing & Finance, 30(3), 373-401.‏

Abudy, M., Benninga, S., & Shust, E. (2016). The cost of equity for private firms. Journal of Corporate Finance, 37, 431-443.‏

Abudy, M., & Shust, E. (2020). What happens to trading volume when the regulator bans voluntary disclosure?. European Accounting Review, 29(3), 555-580.‏

Abudy, M., Amiram, D., Rozenbaum, O., & Shust, E. (2020). Do executive compensation contracts maximize firm value? Indications from a quasi-natural experiment. Journal of Banking & Finance, 114, 105787.‏

Abudy, M., Mugerman, Y., & Shust, E. (2022). The Winner Takes It All: Investor Sentiment and the Eurovision Song Contest. Journal of Banking & Finance, Forthcoming‏

Weiss D. & Shust, E. (2005). Market Risks Exposures and Hedging – Practice and Reporting, The Joseph Kasierer Institute for Research in Accounting, Tel Aviv University, (Hebrew)

Lifschitz S., & Shust, E. (2007). Mind the Risks Sensitivity, The Accountant, 3, 113-116, (Hebrew)

Abudy, M. & Shust, E. (2011). Attitude to Risk and the Subjective Value of Equity-Based Compensation, The Joseph Kasierer Institute for Research in Accounting, Tel Aviv University (Hebrew).

Abudy M. & Shust, E. (2012). Keeping the Options Open, The Accountant, 29, 94-98 (Hebrew)

Abudy M. & Shust, E. (2012). Employees’ Attitudes Toward Equity-Based Compensation. Compensation & Benefits Review 44 (5) 246–253.

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  • 2017- The Department of Economics, Bar Ilan University
    Principles of Finance (BA, Economics), Advanced topics in Finance (BA,
    Economics), Advanced Management Accounting (BA Accounting)

  • 2015-2017 School of Business, The College of Management
    Management Accounting (BA, Business, MBA), Advanced Management
    Accounting (BA, Accounting)

  • 2013-2014 The Jerusalem School of Business Administration, The Hebrew University of Jerusalem
    Financial Management (MBA), Principles of Finance (BA, Accounting)

  • 2013 The William Davidson Faculty of Industrial Engineering and Management, The Technion
    Corporate Finance (MBA)

  • 2008-2013 The Recanati Graduate School of Business Administration, Tel-Aviv University
    Principles of Finance (BA, Accounting)

  • 2008 The Jerusalem School of Business Administration, The Hebrew University of Jerusalem
    Investments and Securities (MBA)