Luo Zuo

Cornell University - Samuel Curtis Johnson Graduate School of Management

349 Sage Hall

Ithaca, NY 14853

United States

http://www.johnson.cornell.edu/faculty-research/faculty/lz352/

  • Cornell University - Samuel Curtis Johnson Graduate School of Management

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SCHOLARLY PAPERS

26

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329

CROSSREF CITATIONS

183

Scholarly Papers (26)

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1.

The Effect of Accounting Conservatism on Corporate Investment during the Global Financial Crisis

Downloads 3,924 ( 3,623)
Citation 28

The Effect of Accounting Conservatism on Corporate Investment during the Global Financial Crisis

Journal of Business Finance and Accounting, Forthcoming
Number of pages: 45 Posted: 01 Nov 2011 Last Revised: 04 Jul 2016
Karthik Balakrishnan, Ross L. Watts and Luo Zuo
Rice University - Jesse H. Jones Graduate School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 3,531 (4,233)
Citation 13

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Accounting Conservatism; Investment; Information Frictions; Financing Constraints; Crisis

The Effect of Accounting Conservatism on Corporate Investment during the Global Financial Crisis

Journal of Business Finance and Accounting, Vol. 43, No. 5-6, 2016
Number of pages: 45 Posted: 06 Jul 2016 Last Revised: 27 Jul 2016
Karthik Balakrishnan, Ross L. Watts and Luo Zuo
Rice University - Jesse H. Jones Graduate School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 393 (103,054)
Citation 9

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Accounting Conservatism; Investment; Information Frictions; Financing Constraints; Crisis

2.

The Economics of Accounting

Number of pages: 223 Posted: 06 May 2018 Last Revised: 28 Mar 2022
Richard M. Frankel, S.P. Kothari and Luo Zuo
Washington University in Saint Louis - Olin Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 2,298 (8,731)
Citation 1

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Financial accounting, imperfect and incomplete markets, information asymmetry, incentive conflicts, shareholder value, earnings-return relation, market efficiency.

3.

Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking

Downloads 1,176 ( 24,823)
Citation 25

Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking

Journal of Accounting Research, Forthcoming
Number of pages: 72 Posted: 20 Dec 2015 Last Revised: 01 Jan 2017
Alexander Ljungqvist, Alexander Ljungqvist, Liandong Zhang and Luo Zuo
Centre for Economic Policy Research (CEPR)Swedish House of Finance, Singapore Management University - School of Accountancy and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 951 (33,191)
Citation 26

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Risk taking, corporate taxes

Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking

Journal of Accounting Research, Forthcoming
Number of pages: 72 Posted: 24 Oct 2016 Last Revised: 01 Jan 2017
Alexander Ljungqvist, Alexander Ljungqvist, Liandong Zhang and Luo Zuo
Centre for Economic Policy Research (CEPR)Swedish House of Finance, Singapore Management University - School of Accountancy and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 187 (219,797)

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Risk taking, corporate taxes

Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking

NBER Working Paper No. w21834
Number of pages: 72 Posted: 04 Jan 2016 Last Revised: 28 Feb 2021
Alexander Ljungqvist, Alexander Ljungqvist, Liandong Zhang and Luo Zuo
Centre for Economic Policy Research (CEPR)Swedish House of Finance, Singapore Management University - School of Accountancy and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 38 (584,501)
Citation 1

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Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking

Journal of Accounting Research, Vol. 55, No. 3, 2017
Posted: 18 Oct 2017
Alexander Ljungqvist, Alexander Ljungqvist, Liandong Zhang and Luo Zuo
Centre for Economic Policy Research (CEPR)Swedish House of Finance, Singapore Management University - School of Accountancy and Cornell University - Samuel Curtis Johnson Graduate School of Management

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risk taking; corporate taxes

4.

Asymmetric Cost Behavior and Dividend Policy

Downloads 1,175 ( 24,846)
Citation 6

Asymmetric Cost Behavior and Dividend Policy

Journal of Accounting Research, Forthcoming
Number of pages: 58 Posted: 17 Jan 2016 Last Revised: 27 Jul 2020
Jie He, Xuan Tian, Huan Yang and Luo Zuo
University of Georgia - Department of Finance, Tsinghua University - PBC School of Finance, University of Massachusetts Amherst - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 1,175 (24,438)
Citation 6

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Asymmetric cost behavior; cost stickiness; dividend payouts; resource adjustment cost

Asymmetric Cost Behavior and Dividend Policy

Journal of Accounting Research, Volume 58, Issue 4, September 2020
Posted: 02 Dec 2020
Jie He, Xuan Tian, Huan Yang and Luo Zuo
University of Georgia - Department of Finance, Tsinghua University - PBC School of Finance, University of Massachusetts Amherst - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management

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Asymmetric cost behavior; cost stickiness; dividend payouts; resource adjustment cost

5.

The Role of Accounting Conservatism in the Equity Market: Evidence from Seasoned Equity Offerings

The Accounting Review, Forthcoming
Number of pages: 47 Posted: 04 Nov 2012 Last Revised: 08 Jan 2015
Yongtae Kim, Siqi Li, Carrie H. Pan and Luo Zuo
Santa Clara University - Leavey School of Business, Santa Clara University - Leavey School of Business, Santa Clara University - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 1,100 (27,402)
Citation 14

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accounting conservatism, seasoned equity offerings, announcement returns

6.

Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles

Downloads 992 ( 31,668)
Citation 73

Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles

Review of Financial Studies, Forthcoming
Number of pages: 49 Posted: 07 Nov 2011 Last Revised: 01 Feb 2017
Antoinette Schoar and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 570 (65,841)
Citation 4

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Recession, Career Path, Management Style, Executive Labor Market

Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles

Review of Financial Studies, Forthcoming
Number of pages: 49 Posted: 06 Aug 2016 Last Revised: 01 Feb 2017
Antoinette Schoar and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 376 (108,493)
Citation 2

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Recession, Career Path, Management Style, Executive Labor Market

Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles

NBER Working Paper No. w17590
Number of pages: 50 Posted: 15 Nov 2011 Last Revised: 28 Oct 2014
Antoinette Schoar and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 46 (542,524)
Citation 35

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7.

Long-Term Impact of Economic Conditions on Auditors’ Judgment

Downloads 931 ( 34,676)
Citation 17

Long-Term Impact of Economic Conditions on Auditors’ Judgment

The Accounting Review, Forthcoming
Number of pages: 54 Posted: 05 Jan 2017 Last Revised: 03 Oct 2018
Xianjie He, S.P. Kothari, Tusheng Xiao and Luo Zuo
Shanghai University of Finance and Economics - School of Accountancy, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Central University of Finance and Economics and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 767 (44,616)
Citation 4

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economic condition; audit adjustment; imprinting

Long-Term Impact of Economic Conditions on Auditors’ Judgment

The Accounting Review, Forthcoming
Number of pages: 54 Posted: 21 Feb 2018 Last Revised: 03 Oct 2018
Xianjie He, S.P. Kothari, Tusheng Xiao and Luo Zuo
Shanghai University of Finance and Economics - School of Accountancy, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Central University of Finance and Economics and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 164 (246,181)
Citation 12

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economic condition; audit adjustment; imprinting

8.

The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation

Downloads 726 ( 48,717)

The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation

Number of pages: 60 Posted: 07 Jul 2020 Last Revised: 18 Jan 2022
Itay Goldstein, Shijie Yang and Luo Zuo
University of Pennsylvania - The Wharton School - Finance Department, The Chinese University of Hong Kong, Shenzhen and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 397 (101,844)

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Corporate Investment, Information Technologies, EDGAR, Equity Financing, Managerial Learning.

The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation

NBER Working Paper No. w27529
Number of pages: 61 Posted: 14 Jul 2020 Last Revised: 22 Mar 2022
Itay Goldstein, Shijie Yang and Luo Zuo
University of Pennsylvania - The Wharton School - Finance Department, The Chinese University of Hong Kong, Shenzhen and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 329 (125,989)

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9.

Industry-Specific Knowledge Transfer in Audit Firms: Evidence from Audit Firm Mergers in China

The Accounting Review, Forthcoming
Number of pages: 68 Posted: 08 Aug 2018 Last Revised: 28 Jun 2021
Xianjie He, S.P. Kothari, Tusheng Xiao and Luo Zuo
Shanghai University of Finance and Economics - School of Accountancy, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Central University of Finance and Economics and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 718 (49,472)
Citation 1

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Knowledge Transfer, Audit Firm Merger, Industry Expertise, Audit Quality, China

10.

Behavioral Economics of Accounting: A Review of Archival Research on Individual Decision Makers

Downloads 688 ( 52,435)

Behavioral Economics of Accounting: A Review of Archival Research on Individual Decision Makers

Contemporary Accounting Research, Forthcoming
Number of pages: 112 Posted: 15 Sep 2021 Last Revised: 09 Nov 2021
Michelle Hanlon, Kelvin Yeung and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management, City University of Hong Kong (CityU) - College of Business and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 688 (51,752)

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Accounting, behavioral economics, individual decision makers, Homo economicus, Homo sapiens, informal institutions.

Behavioral Economics of Accounting: A Review of Archival Research on Individual Decision Makers

Contemporary Accounting Research, Forthcoming
Posted: 18 Oct 2021
Michelle Hanlon, Kelvin Yeung and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management, City University of Hong Kong (CityU) - College of Business and Cornell University - Samuel Curtis Johnson Graduate School of Management

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Accounting, behavioral economics, individual decision makers, Homo economicus, Homo sapiens, informal institutions

11.

Financial Reporting Frequency and Corporate Innovation

Journal of Law and Economics, Forthcoming
Number of pages: 47 Posted: 02 Aug 2019 Last Revised: 18 Sep 2020
Renhui Fu, Arthur G. Kraft, Xuan Tian, Huai Zhang and Luo Zuo
Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management, City University London - Cass Business School, Tsinghua University - PBC School of Finance, Nanyang Business School, Nanyang Technological University and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 625 (59,174)
Citation 4

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regulation, reporting frequency, innovation, managerial myopia, externality

12.

The Disciplinary Role of Major Corporate Customers

Number of pages: 58 Posted: 06 Jan 2021 Last Revised: 14 Feb 2022
Jie Chen, Xunhua Su, Xuan Tian, Bin Xu and Luo Zuo
Leeds University Business School, University of Leeds, Norwegian School of Economics (NHH), Tsinghua University - PBC School of Finance, University of Leeds and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 565 (67,460)
Citation 1

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Corporate misconduct, customer, supplier, stakeholder, risk management.

13.

Top Management Team Power in China: Measurement and Validation

Management Science, Forthcoming
Number of pages: 73 Posted: 03 Jul 2018 Last Revised: 12 Oct 2020
Bin Ke, Xinshu Mao, Bin Wang and Luo Zuo
National University of Singapore, Beijing Technology and Business University, Beijing Technology and Business University and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 513 (75,873)

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power, top management team, executive compensation, nonmarket institutional force, China

14.

Does the Market Value CEO Styles?

American Economic Review, Vol. 106, No. 5, 2016
Number of pages: 8 Posted: 17 May 2016
Antoinette Schoar and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 509 (76,579)
Citation 3

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CEO Turnover, Announcement Return, Management Style, Recession, Executive Labor Market

15.

Tax Planning Diffusion, Real Effects, and Sharing of Benefits

Kenan Institute of Private Enterprise Research Paper No. 18-15, Singapore Management University School of Accountancy Research Paper No. 2019-97
Number of pages: 42 Posted: 02 Aug 2018 Last Revised: 06 Dec 2021
Ling Cen, Edward L. Maydew, Liandong Zhang and Luo Zuo
The Chinese University of Hong Kong, University of North Carolina at Chapel Hill, Singapore Management University - School of Accountancy and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 506 (77,136)
Citation 5

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Tax planning, diffusion, real effects, product markets, supply chains.

16.

Customer-Supplier Relationships and Corporate Tax Avoidance

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 46 Posted: 24 Oct 2016
Ling Cen, Edward L. Maydew, Liandong Zhang and Luo Zuo
The Chinese University of Hong Kong, University of North Carolina at Chapel Hill, Singapore Management University - School of Accountancy and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 409 (99,287)
Citation 28

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tax avoidance, customers, suppliers, industrial organization, supply chain

17.

A Global Equilibrium Asset Pricing Model with Home Preference

Downloads 393 (103,902)
Citation 9

A Global Equilibrium Asset Pricing Model with Home Preference

Number of pages: 38 Posted: 06 Mar 2011 Last Revised: 08 Nov 2011
Bruno Solnik and Luo Zuo
Hong Kong University of Science & Technology (HKUST) - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 353 (116,462)
Citation 9

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International Asset Pricing, Home Bias, Familiarity, Regret

A Global Equilibrium Asset Pricing Model with Home Preference

Management Science, Vol. 58, No. 2, 2012
Number of pages: 4 Posted: 26 Mar 2016 Last Revised: 09 Jun 2017
Bruno Solnik and Luo Zuo
Hong Kong University of Science & Technology (HKUST) - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 40 (573,551)

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International Asset Pricing, Home Bias, Familiarity, Regret

18.

Understanding Practice and Institutions: A Historical Perspective

Downloads 392 (104,206)

Understanding Practice and Institutions: A Historical Perspective

Number of pages: 36 Posted: 16 Jun 2016 Last Revised: 04 Jul 2016
Ross L. Watts and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 392 (103,368)

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stewardship; conservatism; prudence; market forces; political forces

Understanding Practice and Institutions: A Historical Perspective

Accounting Horizons, Vol. 30, No. 3, 2016
Posted: 30 Jul 2016
Ross L. Watts and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management

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stewardship; conservatism; prudence; market forces; political forces

19.

How Does the Economy Shape the Financial Advisory Profession?

Management Science, Forthcoming
Number of pages: 46 Posted: 06 Nov 2019 Last Revised: 27 Aug 2020
Kelvin Law and Luo Zuo
Nanyang Business School, Nanyang Technological University and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 299 (140,009)
Citation 5

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financial advisor, recession, misconduct, selection, imprinting

20.

Rocking the Boat: How Relative Performance Evaluation Affects Corporate Risk Taking

Journal of Accounting & Economics (JAE), Forthcoming, Nanyang Business School Research Paper No. 20-08
Number of pages: 51 Posted: 28 May 2020 Last Revised: 24 Jun 2021
Truc (Peter) Do, Huai Zhang and Luo Zuo
University of Queensland - Faculty of Business, Economics and Law, Nanyang Business School, Nanyang Technological University and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 287 (146,126)

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Relative performance evaluation, tournament incentives, interim performance, risk taking.

21.

The Informational Feedback Effect of Stock Prices on Management Forecasts

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 49 Posted: 11 Mar 2016 Last Revised: 04 Apr 2016
Luo Zuo
Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 279 (150,373)
Citation 12

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Learning from Prices, Private Information, Probability of Informed Trading, Mutual Fund Redemptions, Management Forecasts, Corporate Disclosure

22.

Reporting Technologies and Textual Readability: Evidence from the XBRL Mandate

Information Systems Research, Forthcoming, HEC Paris Research Paper No. MOSI-2021-1422
Number of pages: 50 Posted: 06 Apr 2021 Last Revised: 23 Apr 2021
Xitong Li, Hongwei (Harry) Zhu and Luo Zuo
HEC Paris - Information Systems and Operations Management, University of Massachusetts Lowell and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 250 (167,827)

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XBRL, reporting technologies, readability, limited attention, difference-in-differences

23.

Relative Optimism and the Home Bias Puzzle

Review of Finance, Forthcoming
Number of pages: 45 Posted: 21 Feb 2014 Last Revised: 07 May 2016
Bruno Solnik and Luo Zuo
Hong Kong University of Science & Technology (HKUST) - Department of Finance and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 229 (182,531)
Citation 3

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Expectations, Relative Optimism, Familiarity, Home Bias

24.

The Effect of Managers on Systematic Risk

Downloads 211 (197,111)

The Effect of Managers on Systematic Risk

Number of pages: 60 Posted: 07 Jul 2020 Last Revised: 25 Apr 2021
Antoinette Schoar, Kelvin Yeung and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management, City University of Hong Kong (CityU) - College of Business and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 201 (206,062)

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Manager Fixed Effects, Systematic Risk, Managerial Style, Asset Prices.

The Effect of Managers on Systematic Risk

NBER Working Paper No. w27487
Number of pages: 61 Posted: 10 Aug 2020 Last Revised: 07 Feb 2022
Antoinette Schoar, Kelvin Yeung and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management, City University of Hong Kong (CityU) - College of Business and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 10 (798,400)

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25.

Public Concern about Immigration and Customer Complaints against Minority Financial Advisors

Management Science, Forthcoming, Nanyang Business School Research Paper No. 21-33
Number of pages: 49 Posted: 10 Sep 2021 Last Revised: 27 Dec 2021
Kelvin Law and Luo Zuo
Nanyang Business School, Nanyang Technological University and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 128 (299,230)

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Immigration concern, minority advisor, customer complaint.

26.

Do Shared Auditors Facilitate Information Transfer between Clients? Evidence from Patent Citations

Number of pages: 58 Posted: 06 May 2022
Xuan Tian, Jiawen Yan and Luo Zuo
Tsinghua University - PBC School of Finance, Cornell University - Samuel Curtis Johnson Graduate School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 96 (364,637)

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Shared Auditor, Information Transfer, Patent Citation, Corporate Innovation