Yang, George Yong（楊勇）

Biography

Professor George Yong Yang is a Professor in the School of Accountancy at The Chinese University of Hong Kong (CUHK). He obtained his Bachelor of Economics and Master of Economics degrees from Peking University, and his PhD from the Kellogg School of Management at Northwestern University. He is also a Certified Public Accountant (non-practicing) in China (CICPA).

Professor Yang has published research articles in journals such as The Accounting Review, Management Science, Review of Accounting Studies, and Contemporary Accounting Research, and has served on the editorial board of The Accounting Review since 2016. He has been the Editor of the Quarterly Journal of Accounting (QJA) since 2023 and of The International Journal of Accounting (TIJA) since 2024. His research interests span a wide range of accounting and finance issues driven by agents’ economic incentives. He is particularly focused on topics such as the role of social media in shaping the corporate information environment, the reporting of SMEs, and ESG reporting.

Professor Yang has a deep understanding of, and extensive experience in, accounting and management practices. He has been consulting for and advising multiple firms on management and governance decisions, and serving as an independent director of public companies across various industries, overseeing matters related to financial reporting, ESG, and corporate governance. He is also a Panel Member of the Payment Systems and Stored Value Facilities Appeals Tribunal under the Financial Services and the Treasury Bureau of the Hong Kong SAR Government (appointed for the term November 2025 to November 2028).

Teaching Areas

Managerial Accounting
Corporate Governance
Management Control Systems
Financial Accounting
Financial Statement Analysis

Research Interests

Information Disclosure
Financial Analysts
Corporate Social Responsibility
Insider Trading
Corporate Governance
Small and Medium-sized Enterprises
Social Media

• Publications & Working Papers
  • George Y. Yang (2025), “A plan to resurrect accounting and accounting research (会计研究的方向),”  Quarterly Journal of Accounting, forthcoming.
  • K. He, Z. Li, Yong George Yang, and I. Zhang (2025), “To Talk or Not to Talk: When Analysts with Social Ties to Firm Managers Acquire Bad News,” The Accounting Review, forthcoming.
  • X. Li, P. Rao, George Y. Yang, and H. Yue (2024), “Public Enforcement through Independent Directors,” Contemporary Accounting Research, 41(4): 2514-45.
  • Ying Cao, R. Hao, and George Y. Yang (2024), “National Culture and Analysts’ Forecasting Behavior,” Review of Accounting Studies, 29(2), 1147-1191.
  • H. Kyung, J. Ng, and George Y. Yang (2021), “Does the Use of Non-GAAP Earnings in Compensation Contracts Lead to Excessive CEO Compensation? Efficient Contracting versus Managerial Power,” Journal of Business Finance and Accounting, 48(5-6), 841-868.
  • S. Lai, Z. Li, and George Y. Yang (2020), “East, West, Home’s Best: Do Local CEOs Behave Less Myopically?” The Accounting Review, 95(2), 227-255.
  • Ying Cao, F. Guan, Z. Li, and George Y. Yang (2020), “Analysts’ Beauty and Performance,” Management Science, 66(9), 4315-4335.
  • Zhaoyang Gu, Zengquan Li, George Y. Yang, Guangqing Li (2019), “Friends in Need Are Friends Indeed: An Analysis of Social Ties Between Financial Analysts and Mutual Fund Managers,” The Accounting Review, 94(1), 153-181.
  • Ying Cao, L. Myers, A. Tsang, and George Y. Yang (2017), “Management Forecasts and the Cost of Equity Capital: International Evidence,” Review of Accounting Studies, 22(2), 791-838.
  • Ying Cao, D. Dhaliwal, Z. Li, and George Y. Yang (2015), “Are All Independent Directors Equally Informed? Evidence Based on Their Trading Returns and Social Networks,” Management Science, 61(4), 795-813.
  • D. Dhaliwal, Z. Li, Albert Tsang, and George Y. Yang (2014), “Corporate Social Responsibility Disclosure and the Cost of Equity Capital: The Roles of Stakeholder Orientation and Financial Transparency,” The Journal of Accounting and Public Policy, 33, 328-355.
  • Joseph P. H. Fan, F. Guan, Z. Li, and George Y. Yang (2014), “Relationship Networks and Earnings Informativeness: Evidence from Corruption Cases,” Journal of Business Finance and Accounting, 41(7-8), 831-866.
  • P. Hostak, T. Lys, and George Y. Yang (2013), “An Examination of the Impact of the Sarbanes-Oxley Act on the Attractiveness of U.S. Capital Markets for Foreign Firms,” The Review of Accounting Studies, 18(2), 522-559.
  • Zhaoyang Gu, Z. Li, and George Y. Yang (2013), “Monitors or Predators: The Influence of Institutional Investors on Sell-side Analysts,” The Accounting Review, 88(1), 137-169.
  • D. Dhaliwal, S. Radhakrishnan, Albert Tsang, and George Y. Yang (2012), “Nonfinancial Disclosure and Analyst Forecast Accuracy: International Evidence on Corporate Social Responsibility Disclosure,” The Accounting Review, 87(3), 723-759.
  • D. Dhaliwal, Oliver Zhen Li, Albert Tsang, and George Y. Yang (2011), “Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting,”  The Accounting Review, 86(1), 59-100.

• Grants
  • “Retail investors’ information demand and activism”, Earmarked Grants awarded by Research Grants Council with HK$549,677, 2020-2022
  • “Monitors or Predators: Institutional Investors Allocating Commission Fees to Analysts Brokerage Houses”, Earmarked Grants awarded by Research Grants Council, 2010-2012
  • “The Rewards to Meeting or Beating Analyst Earnings Forecasts (MBE): Revisited (達到分析師預測的報酬)”, Earmarked Grants awarded by Research Grants Council, 2007-2009
  • “Does Sarbanes-Oxley Act Make US Capital Market Less Attractive to Foreign Firms? – Evidence from Voluntary Delistings Sarbanes-Oxley (Oxley法案讓美國資本市場吸引力降低了嗎﹖—來自自願下市的實証分析)”, Earmarked Grants awarded by Research Grants Council, 2006-2009

• Awards & Honours
  • Vice-Chancellor’s Exemplary Teaching Award, CUHK,  2024
  • Faculty Teaching Excellence Award 2023-24
  • Distinguished Contributions to Accounting Literature Award, American Accounting Association, 2022
  • Outstanding Fellow of the Faculty of Business Administration, CUHK, 2020-2028
  • Outstanding Research Impact Award, CUHK, 2022-23