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

28

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330

CROSSREF CITATIONS

182

Scholarly Papers (28)

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1.

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

Downloads 3,929 ( 3,717)
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 3,533 (4,363)
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 396 (104,502)
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 2,442 (8,171)
Citation 1

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

3.

Asymmetric Cost Behavior and Dividend Policy

Downloads 1,195 ( 24,890)
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 1,195 (24,484)
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

4.

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

Downloads 1,180 ( 25,341)
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 953 (33,945)
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 189 (222,291)

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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 (595,877)
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

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 1,103 (27,999)
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 997 ( 32,271)
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 575 (66,610)
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 (110,930)
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: 25 Jul 2022
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 (553,074)
Citation 35

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7.

Long-Term Impact of Economic Conditions on Auditors’ Judgment

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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 774 (45,163)
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 171 (242,591)
Citation 12

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economic condition; audit adjustment; imprinting

8.

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 792 (44,646)
Citation 1

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

9.

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

Downloads 766 ( 46,496)

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 425 (96,579)

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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 341 (123,837)

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10.

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

Downloads 732 ( 49,347)

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 732 (48,684)

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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.

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 656 (57,164)
Citation 1

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

12.

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 641 (58,903)
Citation 4

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regulation, reporting frequency, innovation, managerial myopia, externality

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 544 (72,198)

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

14.

Disclosure Regulation: Past, Present, and Future

Handbook of Financial Decision Making, Forthcoming
Number of pages: 33 Posted: 10 Jun 2022 Last Revised: 21 Jun 2022
S.P. Kothari, Liandong Zhang and Luo Zuo
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Singapore Management University - School of Accountancy and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 542 (72,536)

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Regulation, corporate disclosure, financial reporting, capital market, political economy, information asymmetry

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: 70 Posted: 02 Aug 2018 Last Revised: 21 Jul 2022
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 525 (75,473)
Citation 5

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

16.

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 516 (77,304)
Citation 3

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

17.

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 422 (97,931)
Citation 28

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

18.

Understanding Practice and Institutions: A Historical Perspective

Downloads 405 (102,609)

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 405 (101,763)

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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.

A Global Equilibrium Asset Pricing Model with Home Preference

Downloads 395 (105,673)
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 355 (118,350)
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 (584,815)

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International Asset Pricing, Home Bias, Familiarity, Regret

20.

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 309 (138,206)
Citation 5

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financial advisor, recession, misconduct, selection, imprinting

21.

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 299 (143,499)

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

22.

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 283 (151,414)
Citation 12

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

23.

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 256 (167,465)

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

24.

The Effect of Managers on Systematic Risk

Downloads 235 (181,861)

The Effect of Managers on Systematic Risk

Management Science, Forthcoming
Number of pages: 79 Posted: 07 Jul 2020 Last Revised: 07 Jul 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 225 (189,041)

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Manager Fixed Effects, Systematic Risk, Managerial Style.

The Effect of Managers on Systematic Risk

NBER Working Paper No. w27487
Number of pages: 80 Posted: 10 Aug 2020 Last Revised: 10 Aug 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 (819,469)

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25.

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 (186,370)
Citation 3

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Expectations, Relative Optimism, Familiarity, Home Bias

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 175 (239,901)

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Shared Auditor, Information Transfer, Patent Citation, Corporate Innovation

27.

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 148 (272,928)

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Immigration concern, minority advisor, customer complaint.

28.

Auditor Industry Range and Professional Skepticism

Number of pages: 54 Posted: 10 Jun 2022
Simon Dekeyser, Xianjie He, Tusheng Xiao and Luo Zuo
KU Leuven - Department of Accountancy, Finance and Insurance (AFI), Shanghai University of Finance and Economics - School of Accountancy, Central University of Finance and Economics and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 100 (362,401)

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Industry Range, Professional Skepticism, Audit Adjustment, Experience, Cognitive Entrenchment.