Pingyang Gao studies disclosure regulation, accounting standards setting, incentive and contracting, equity valuation, and individual decision making. He has taught MBA- and PhD-level courses at Yale University and lectured in the China Professional Manager Qualification Program.
Gao's paper, "Keynesian Beauty Contest, Accounting Disclosure, and Market Efficiency," which won the Best Paper Award of 2007 AAA Northeast Regional Meeting, is forthcoming in Journal of Accounting Research. Another paper, "Disclosure Quality, Cost of Capital, and Investors' Welfare," was the recipient of 2008 American Accounting Association Competitive Manuscript Award. Gao's publications also include two books in Chinese, Financial Statement Analysis for Non-Accountants and Practical Accounting English. In addition, he has received several honors, including the Deloitte & Touche Foundation Doctoral Fellowship, Yale Fellowship, General Electric-Peking University Scholarship, and PricewaterhouseCoopers/Long Tao Scholarship.
"Having witnessed and experienced the market-oriented reform in China in the past three decades, I believe that better understanding of market behaviors and public policies could profoundly improve many people's welfare. I hope my research could contribute to our deeper appreciation of market mechanism and public policies."
Gao has presented at the AAA Annual Meeting, AAA FARS Midyear Meeting, and many universities including Carnegie Mellon University, Columbia, CUNY Baruch, Dartmouth, Duke, New York University, Northwestern University, University of Chicago, University of Houston, University of Minnesota, University of Toronto, University of Pennsylvania, and Yale. He is a member of the American Accounting Association, American Finance Association, American Economic Association, and the Chinese Accounting Professors' Association of North America. He is also a CFA Level I and an inactive CPA in China.
Gao earned a bachelor's degree in accounting in 2002 from Renmin University of China, a master's degree in finance in 2004 from Peking University, and a PhD in accounting in 2008 from Yale University. Gao joined the Chicago Booth faculty in 2008.
His hobbies and interests include reading, running, and Chinese bridge.
Selected Publications
"Keynesian Beauty Contest, Accounting Disclosure, and Market Efficiency," Journal of Accounting Research (forthcoming).
"Disclosure Quality, Cost of Capital, and Investors' Welfare" (working paper).
