Rimmy E. Tomy’s research interests include financial reporting, bank accounting, regulation, and auditing. Her research broadly focuses on the impact of regulatory intervention on firms’ financial reporting and real activities, and the role of external monitors such as auditors and regulators in corporate oversight and governance. In her dissertation, she investigates how an increase in the threat of competition affects mandatory firm disclosure. This study uses the setting of banking deregulation in interstate branching and a sample of community banks that tend to have localized operations. She evaluates the effects of regulation as well as the regulator on community banks’ accounting choices.
In other work, Tomy explores the impact of tax regulation on firm behavior with regard to changes in cash management practices. She also studies audit firms and factors that influence audit quality, particularly the role of office-level characteristics.
Tomy earned her PhD in accounting from the Stanford Graduate School of Business. She holds an MS in accounting from the University of Colorado Boulder, a post graduate diploma in finance and accounting from Xavier Institute of Management in India, and a BS from St. Stephen’s College, University of Delhi. Outside of academia, she has previous corporate experience working at Ernst & Young LLP and McKinsey & Company.