Luo Zuo

Biography

Luo Zuo is a Professor of Accounting at Cornell University’s Samuel Curtis Johnson Graduate School of Management. He received his BBA and MPhil degrees from the Hong Kong University of Science and Technology and his PhD degree from the Massachusetts Institute of Technology. Professor Zuo currently serves as the Faculty Director of the Cornell-Tsinghua Finance MBA Program and the Faculty Lead of the Cornell-HKUST Partnership. Professor Zuo is the President of the Chinese Accounting Professors’ Association of North America, an incoming Editor of The Accounting Review, an Associate Editor of Management Science and the Journal of Accounting and Economics, and an editorial board member of Review of Accounting Studies.

Professor Zuo has a broad range of research interests at the intersection of accounting and finance. His current research explores the role of individual decision makers in shaping observed accounting phenomena. This line of research recognizes two central ideas in behavioral economics. First, individual behavior depends not only on economic incentives and accessible information, but also on individual preferences, abilities, experiences, and other characteristics. Second, the constraints that structure human interactions encompass both formal institutions (e.g., rules, laws, constitutions) and informal institutions (e.g., norms, conventions, rituals).

Professor Zuo received numerous research and teaching awards, including the Journal of Accounting Research Excellence in Refereeing Award, the University of Toronto Roger Martin Award for Emerging Leaders, the American Accounting Association FARS Outstanding Discussion Award, the Cornell-Tsinghua Finance MBA Program Best Teaching Award, the Johnson School Accelerated MBA Core Faculty Award, and the Jonson School Faculty Research Award. His research has been featured in the Economist, the NBER Digest, the Wall Street Journal, and many other media sources.

Selected Publications

• He, Xianjie; Kothari, S.P.; Xiao, Tusheng; Zuo, Luo. "Industry-Specific Knowledge Transfer in Audit Firms: Evidence from Audit Firm Mergers in China"The Accounting Review. 97.3 (2022): 249-277
• Do, Truc; Zhang, Huai; Zuo, Luo. "Rocking the Boat: How Relative Performance Evaluation Affects Corporate Risk Taking"Journal of Accounting and Economics. 73.1 (2022): 101425
• Ke, Bin; Mao, Xinshu; Wang, Bin; Zuo, Luo. "Top Management Team Power in China: Measurement and Validation"Management Science. 67.10 (2021): 6602-6627
• Law, Kelvin; Zuo, Luo. "How Does the Economy Shape the Financial Advisory Profession?"Management Science. 67.4 (2021): 2466-2482
• He, Jie; Tian, Xuan; Yang, Huan; Zuo, Luo. "Asymmetric Cost Behavior and Dividend Policy"Journal of Accounting Research. 58.4 (2020): 989-1021
• He, Xianjie; Kothari, S.P.; Xiao, Tusheng; Zuo, Luo. "Long-Term Impact of Economic Conditions on Auditors' Judgment"The Accounting Review. 93.6 (2018): 203-229
• Ljungqvist, Alexander; Zhang, Liandong; Zuo, Luo. "Sharing Risk With the Government: How Taxes Affect Corporate Risk Taking"Journal of Accounting Research. 55.3 (2017): 669-707
• Schoar, Antoinette; Zuo, Luo. "Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles"Review of Financial Studies. 30.5 (2017): 1425-1456
• Cen, Ling; Maydew, Edward; Zhang, Liandong; Zuo, Luo. "Customer-Supplier Relationships and Corporate Tax Avoidance"Journal of Financial Economics. 123.2 (2017): 377-394
• Zuo, Luo. "The Informational Feedback Effect of Stock Prices on Management Forecasts"Journal of Accounting and Economics. 61.2-3 (2016): 391-413

Awards and Honors

• Excellence in Refereeing Award (2023) Journal of Accounting Research
• Best Paper Award (2022) MIT Asia Conference in Accounting
• Roger Martin Award for Emerging Leaders (2021) University of Toronto
• FARS Outstanding Discussion Award (2021) American Accounting Association
• Best Teaching Award (2020) Cornell-Tsinghua Finance MBA Program

Recent Courses

• NMI 5000 - Directed Reading & Research
• NCCT 5000 - Financial Accounting
• NRE 5040 - PhD Seminar in Accounting

Academic Degrees

• PhD Massachusetts Institute of Technology, 2013
• PhM Hong Kong University of Science and Technology, 2008
• BBA Hong Kong University of Science and Technology, 2005