Assistant Professor of Accounting
Office: 306 Business Building
Kai Du is an Assistant Professor at Penn State University where he teaches Intermediate Financial Accounting. He conducts analytical and empirical research that focuses on financial accounting. Some of his research attempt to provide analytical underpinnings for various empirical measures and regularities. The specific topics examined include the interaction between earnings management and investor expectations/attention, real effects of public disclosure in the financial services industry, the linguistic aspects of accounting measurement, and uses of financial information. His research appears in The Accounting Review.
Kai received a PhD in accounting from Yale, where he was a Deloitte Foundation Doctoral Fellow and a Harry and Heesun You Fellow.
Kai's recent research focuses on theoretical implications and empirical measurement of accounting information systems, linguistic uncertainty of financial disclosures, and the various uses of financial information. His research employs different approaches, including archival, analytical, and simulation-based, depending on the research questions, which mostly fall into the broad area of financial accounting.
Below is a selected list of his recent working papers.
“A Dynamic Model of Investor Expectations and Financial Reporting”
“Information Aggregation and Multiplicity in Creditor Runs: The Role of Public Disclosure”
“Accounting Information Systems and Asset Prices” (with Steve Huddart and Lingzhou Xue)
“Codifying GAAP: The Characteristics, Determinants, and Consequences of Accounting Standards Updates in FASB’s Codification Era” (with Badryah Alhusaini)
“The Credibility of Corporate Social Responsibility Reports and the Role of Assurance: Evidence from an Alternative Setting” (with Shing-Jen Wu)
Market use of financial information
Theories of disclosure and earnings management
Linguistic aspects of financial disclosure
Kai Du and Frank Zhang, "Orphans Deserve Attention: Financial Reporting in the Missing Months When Corporations Change Fiscal Year", The Accounting Review, 88 (3), 945-975.
Hiding Losses, Via the Calendar, New York Times
PhD, Accounting, Yale University, 2012
MA, Economics, Georgetown University, 2007
BA, Finance, Peking University, 2004
ACCTG 471, Intermediate Financial Accounting I