Zhaoyang Gu, associate professor, accounting, teaches financial
reporting in the MBA and EMBA programs as well as a PhD seminar in
capital market research in accounting.
Prior to joining the Carlson School, he was an assistant
professor at the Tepper School of Business at Carnegie Mellon
University. Earlier, he taught at the Hong Kong University of Science
and Technology for two years. His main interests are in capital
market-based empirical accounting research such as analyst and
management forecasts, earnings management, and valuation use of
accounting information in the equity and debt markets.
His research has been published in the Journal of Accounting & Economics, The Accounting Review, Review of Accounting Studies, Journal of Accounting, Auditing & Finance, and Review of Quantitative Finance and Accounting.
He has been invited to present his research at numerous conferences and
academic institutions and has won the Weil Prize in research at
Carnegie Mellon University and the best paper award at the ninth World
Congress of International Association of Accounting Educators and
Researchers. He regularly serves as referee for top academic journals.
He earned a bachelor's degree in English from Tsinghua
University and a master's in international management from Renmin
University in Beijing, China, before coming to the United States to
obtain his PhD in accounting from Tulane University.
The Superiority and Disciplining Role of Independent Analysts (with Jian Xue), Journal of Accounting and Economics 45 (2008): 289-316.
Across-Sample Incomparability of R2s and Additional Evidence on Value Relevance Changes over Time, Journal of Business Finance and Accounting 34 (September/October 2007): 1073-1098.
Do Analysts Overreact to Extreme Good News in Earnings? (with Jian Xue), Review of Quantitative Finance and Accounting 29 (December 2007): 415-431.
Sustained Earnings and Revenue Growth, Earnings Quality, and Earnings Response Coefficients (with Aloke Ghosh and Prem C. Jain), Review of Accounting Studies 10 (March 2005): 33-57.
Scale Factor, R2, and Choice of Levels versus Returns Models, Journal of Accounting, Auditing and Finance 20 (Winter 2005): 71-91.
Analysts' Treatment of Nonrecurring Items in Street Earnings (with Ting Chen), Journal of Accounting and Economics 38 (December 2004): 129-170.
Earnings Skewness and Analyst Forecast Bias (with Joanna S. Wu), Journal of Accounting and Economics 35 (April 2003): 5-29.
This individual is not scheduled to teach in the last, current, or next term.
Capital markets-based accounting
Analyst and management forecast and the impact of regulations
Chinese Accounting Practice
Editorial Board, The International Journal of Accounting