William Larimer Mellon, Founder
Schenley Park
Pittsburgh, Pennsylvania 15213-3890
United States of America
Pierre Jinghong Liang
Professor of Accounting
Working Papers and Publications
- "Yuji Ijiri's Fairness Question: Perspectives from Analytic Ethics and Game Theory " with Tae Wan Kim (of FRB) and John Hooker (of City University of Hong Kong). (first version: June 2020).
- "The Real Effect of Financial Reporting: a Quantitative Assessment " with Bo Sun and Sean Tam (both of Tepper School of Business at Carnegie Mellon University). (first version: August 2016).
- "Disagreement and Discretionary Monetary Policy" with Marvin Goodfriend (of Carnegie Mellon University) and Gaoqing Zhang (of University of Minnesota). (first version: Sep 2015).
- "New Classical Income Measurement: A Choice-Theoretic Axiomatic Approach" with Jeremy Bertomeu (of Tepper School of Business, Carnegie Mellon University). Tepper working paper #2006-E61, June 2006, 32 pages. Invited to Revise-&-Resubmit at Accounting, Economics, and Law: a Convivum.
- "On the Social Value of Accounting Objectivity in Financial Stability" with Gaoqing Zhang (University of Minnesota). The Accounting Review January 2019, Vol. 94, No. 1, pp. 229-248. Published on line March 29, 2018, https://doi.org/10.2308/accr-52108
- Economic Consequences of Expanding Accounting Recognition" with Wei Li (UIUC) and Winnie Xiaoyan Wen (UIC). Tepper working paper, October 2013, 42 pages (first version: March 2011). Previously titled "Accounting for Past and Future Actions." Accepted and forthcoming at Jounral of Accounting, Auditing and Finance.
- "Performance Monitoring by Management Teams" with Madhav Rajan (of Stanford University) and Korok Ray (of Texas A&M University). JCC: The Business and Economics Jounral vol. 9, No. 2 (Dec 2017), page xx-xx.
- "Voluntary Disclosure and Industry Fluctuations" with Jeremy Bertomeu (of Baruch College). Tepper working paper, Mar 2010, 31 pages (first version: Nov 2007). Accepted at Management Science.
- "Limited Managerial Attention and Endogenous Precision of Performance Measures" with Lin Nan (Purdue University). 36 pages (first version: Nov 2008). Accepted and forthcoming at European Accounting Review.
- "The New Risk Management: the good, the bad, and the ugly" with Phil Dybvig (of Olin School of Management, Washington University at St. Louis) and Bill Marshall (NISA Investment Advisors, LLC). Aug 2013, 20 pages (first version: 1997). Federal Reserve Bank of St. Louis Review. July/August 2013
- "Informational Feedback Effect, Adverse Selection, and Optimal Disclosure Policy" with Pingyang Gao (of Booth School of Business, University of Chicago). Tepper working paper, Nov 2012, 37 pages (first version: Jun 2010). Accepted and forthcoming at Journal of Accounting Research.
- "Information Asymmetry and Equilibrium Monitoring in Education" with Maria Marta Ferreyra(of Tepper School of Business, Carnegie Mellon University). July 2011. Journal of Public Economics, vol. 96, (2012), p. 237-254.
- "Quasi-Robust Multiagent Contracts" with Anil Arya, Joel Demski, Jonathan C. Glover, December 2007, 25 pages. Management Science, vol. 55, (May 2009), p. 752-762.
- "Optimal Team Size and Monitoring in Organizations" with Madhav Rajan (of Stanford University) and Korok Ray (of University of Chicago). Accounting Review vol. 83, No. 3 (May 2008), page 789-822.
- "Accounting Measurement Basis, Market Mispricing, and Firm Investment Efficiency" with Xiaoyan Wen (of Tepper School of Business). Journal of Accounting Research vol. 45, No. 1 (March 2007), pages 155-197.
- "Accounting Treatment of Inherent versus Incentive Uncertainties and the Capital Structure of the Firm" with Xiao-Jun Zhang (UC-Berkeley). Journal of Accounting Research. vol. 44, No. 1 (March 2006), pages 145-176.
- "Separate Facts from Forecasts in Financial Statements" with Jonathan C. Glover, Yuji Ijiri, Carolyn B. Levine (all of Tepper School of Business). Accounting Horizons vol. 19, no. 4, (December 2005) p. 267-282.
- "Profit Sharing and Monitoring in Partnerships" with Steven J. Huddart (Penn State). Journal of Accounting and Economics. vol. 40, No. 1-3, (December 2005) p. 153-187.
- "Temporal Aggregation and Incentives" with Arya, A., and J. Glover, European Accounting Review vol 13 no 4 (December 2004) p. 643-657.
- "Equilibrium Earnings Management, Incentive Contracts, and Accounting Standards" Contemporary Accounting Research vol 21 no 3 (Fall 2004) p. 685-718.
- "Accounting Recognition: An Information Content Perspective" Accounting Horizons vol. 15 no. 3, (September 2001) p. 223-42.
- "Accounting Recognition, Moral Hazard, and Communication," Contemporary Accounting Research vol 17 no 3 (Fall 2000) p. 457-90.
- "Accounting in Partnerships" with Steven J. Huddart (Penn State), American Economic Review: Papers and Proceedings of the Annual Meetings of American Economic Associations, vol 93 no. 2 (May 2003) p. 410-414.
- "An Invitation to Theory" China Journal of Accounting Research, 2010, vol.3, No 1, p.1-12. The essay is based on a plenary speech given by Pierre Jinghong Liang at the fourth Symposium of China Journal of Accounting Research (CJAR), December 17-18, 2010 at Beijing, China.
- "Information Economics and Accounting Measurement: a Blueprint for Scholarly Research" with Xiao-Jun Zhang (UC-Berkeley). China Accounting Review, 2008, vol.6, No 1, p.109-118. The essay is based on a plenary speech given by Pierre Jinghong Liang at the Sixth International Symposium on Empirical Accounting Research held at Xiamen, China on December 16, 2007.
- "Some Thoughts on the Intellectual Foundations of Accounting" with Joel Demski, John Fellingham, Jonathan Glover, Yuji Ijiri, and Shyam Sunder Accounting Horizons vol. 16 no. 2, (June 2002) p. 157-68.
- Book Review of Accounting Disclosure and Real Effects by Chandra Kanodia (Hanover MA: now Publishers Inc. 2007). The Accounting Review vol. 85 no. 3, (May 2010) p. 1119-1110.
- Essays in Accounting Theory in honour of Joel S. Demski, Edited by Rick Antle (Yale), Froystein Gjesdal (NHH of Norway), and Pierre Jinghong Liang (Carnegie Mellon). 2006. ISBN: 0387303979. Springer Publishers: Norwell, MA.
- Models for Intertemporal Accounting to Separate Facts and Forecasts: Adapting to CEO/CFO Certification and SEC's Safe Harbor Rules, a monograph sponsored by KPMG-UIUC Business Measurement Research Grant, with Jonathan C. Glover, Yuji Ijiri, and Carolyn B. Levine (of Tepper School of Business). Draft chapters (1-6), July 2004, 110 pages.