School of Industrial Administration (GSIA)
William Larimer Mellon, Founder
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:
- "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:
- "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.
|Published and Forthcoming Papers
- "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),
- "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.
|Publications in Refereed Conference Proceedings
- "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
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.
- 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.