Hong Qu

Assistant Professor in Accounting
Department: Accounting
Office: 357 Business Building
Phone: 814-865-3209
Fax: 814-863-8393
E-mail: hxq2@psu.edu
Member of Faculty Since: 2010


Professor Qu’s research interest is in information economics and experimental economics. Her research applies experimental methods to study decision making in financial market and organizational contexts. Her research interest includes the coordination role of public information, the impact of public disclosure quality on price efficiency and the cost of capital, and the impact of social norm on honesty.

Current Research

"Rotten Apples and Sterling Examples: Moral Reasoning and Peer Influences on Honesty in Managerial Reporting", with Steven Huddart, working paper.

"Can Less Information Induce More Cooperation? ", with Paul Fischer, working paper.

"Earnings Informativeness and the Long Run Effects of Earnings Forecasts on Information Asymmetry and Price Efficiency: An Experimental Study", with Guojin Gong and Ian Tarrant, working paper

"Smarter in Aggregate: the Diversity in Financial Information Processing of Professionals Compared to that of Non-professionals", with Orie Barron and Charles Enis, under review.


Information disclosure and strategic coordination;
Feedback effect of asset markets on real investments

Publication List

Hong Qu, "How Do Market Prices and Cheap Talk Affect Coordination", Journal of Accounting Research, December 2013, 51, pp.1221-1260.

Orie Barron and Hong Qu, "Information Asymmetry and the Ex Ante Impact of Public Disclosure Quality on Price Efficiency and the Cost of Capital: Evidence from a Laboratory Market", The Accounting Review, July 2014, 89, pp.1269-1297.


PhD, Accounting, Carnegie Mellon University, 2010

MS, Accounting and Finance, LSE, 2003

BE, Industrial Foreign Trade, Tongji University, 2000


ACCTG471, Intermediate Financial Accounting I