SPEA professor recognized for best government finance article

  • Sept. 18, 2013


BLOOMINGTON, Ind. -- An Indiana University Bloomington professor and one of his former students, an IU alumna, will share an award for a journal article they co-authored last year.

Craig Johnson, Sharon Kioko and Bartley Hildreth have been awarded the Jesse Burkhead prize for best article in 2012 in the journal Public Budgeting and Finance. Johnson, a professor at the IU Bloomington School of Public and Environmental Affairs, directed Kioko when she was a SPEA doctoral student. She is now on the faculty at Syracuse University. Hildreth is a professor at Georgia State University.

The three experts in government finance wrote “Government-wide Financial Statements and Credit Risk.” It is an analysis of the impact of a new landmark regulation concerning accounting standards and reporting requirements for state and local governments. Johnson, Kioko and Hildreth show how credit rating agencies incorporate new information into their decision-making process and transmit such information to financial markets.

The award honors Jesse Burkhead, a professor of economics and public administration at the Maxwell School of Citizenship and Public Affairs at Syracuse and editor of Public Budgeting and Finance in its early years.

“Jesse Burkhead was an exceptional scholar and mentor to many public budgeting and finance scholars,” Johnson said. “I am especially gratified to receive the award on a paper co-authored with my former doctoral student, Dr. Sharon Kioko, currently assistant professor of public administration and international affairs at the Maxwell School.”

The award includes an honorarium and a plaque, and it will be bestowed on Johnson, Kioko and Hildreth at the annual conference of the Association for Budgeting and Financial Administration in October in Washington, D.C.

About Craig Johnson:

Craig Johnson is an expert on capital markets and financial intermediation, public budgeting and finance, and infrastructure finance. He earned his Ph.D. at the University of Albany, State University of New York. He has been a member of the SPEA faculty since 1993. 

About the School of Public and Environmental Affairs:

SPEA was founded in 1972 and is a world leader in public and environmental affairs and is the largest school of public administration and public policy in the United States. In the 2012 "Best Graduate Schools" by U.S. News & World Report, SPEA ranks second and is the nation's highest-ranked professional graduate program in public affairs at a public institution. Four of its specialty programs are ranked in the top-five listings.  SPEA's doctoral programs in public affairs and public policy are also ranked by the National Research Council as among the top two in the nation.

Related Links

Craig Johnson

Craig Johnson

Print-Quality Photo

Media Contacts

Jim Hanchett

  • School of Public and Environmental Affairs
  • Office 812-856-5490
  • jimhanch@indiana.edu