Dr. Rajiv D. Banker was a preeminent scholar recognized as one of the 150 most influential researchers in economics and business according to the Institute for Scientific Information. He held the distinguished Merves Chair in Accounting and Information Technology and served as Director of the Center for Accounting and Information Technology at Temple University's Fox School of Business, where he made significant contributions until his passing in 2023. His academic journey began with exceptional achievements at the University of Bombay, where he graduated first in his class with honors in mathematics and economics, followed by professional distinctions as a Chartered Accountant ranked third nationally and a Cost and Works Accountant ranked first in India. Dr. Banker earned his Doctor of Business Administration from Harvard University in 1980 and subsequently held prominent leadership positions including Dean of the Anderson Graduate School of Management at the University of California, Riverside, and professorial appointments at Carnegie Mellon University, the University of Minnesota, and the University of Texas at Dallas.
Dr. Banker pioneered transformative methodologies in data envelopment analysis (DEA) that revolutionized efficiency measurement across multiple disciplines, with his seminal 15-article collaboration with William W. Cooper spanning from 1984 to 2011 establishing foundational frameworks for productivity analysis. His influential textbook "Management Accounting," co-authored with Atkinson, Kaplan, and Young, became a standard reference in the field through multiple editions since its initial publication in 1995. With over 100 publications in premier journals including Management Science, Accounting Review, and Operations Research, his research bridged accounting, operations research, and information systems to develop rigorous analytical approaches for performance measurement and strategic cost management. His work on technical debt measurement and firm performance, published in top-tier journals, demonstrated the enduring relevance of his methodological innovations to contemporary business challenges.
Throughout his distinguished career, Dr. Banker received the American Accounting Association's Lifetime Contribution to Management Accounting Award in 2017 along with four additional prestigious awards from the same organization, cementing his legacy as a leading authority in the field. As President of the International Data Envelopment Analysis Society and Editor-in-Chief of the Data Envelopment Analysis Journal, he shaped research agendas and fostered scholarly communities that advanced interdisciplinary approaches to business analytics. Recognized as the most prolific researcher in Managerial Accounting based on publications in top journals over a 20-year period, his methodological contributions continue to influence how organizations measure efficiency and drive strategic decision-making. Dr. Banker's profound impact endures through his extensive publication record, the continued application of his analytical frameworks across multiple disciplines, and his lasting influence on the field of economic measurement and business analytics.