Guanmin Liao

Education

• 2007, Ph.D., School of Business, Renmin University of China
• 2004, M.A., School of Business, Renmin University of China
• 2002, B.A., School of Business, Renmin University of China

Work Experience

• 2018.9-, School of Business, Renmin University of China, Professor of Accounting
• 2011.9-2012.8, Kelley School of Business, Indiana University, Visiting Scholar
• 2007.7-2018.9, School of Accountancy, Central University of Finance and Economics, Assistant Professor, Associate Professor and Professor of Accounting

Research Interests

Corporate Governance; Corporate Finance; Contractual Usefulness of Accounting Information

Courses

Accounting; Seminar in Accounting

Publications

Selected Academic Articles:

1. Liao, Guanmin, Mark (Shuai) Ma, and Xiaoyun Yu, 2022, “Transporting Transparency: Director Foreign Experience and Corporate Information Environment”, Journal of International Business Studies 53(7), 1343–1369.
2. Hao, Rubin, Guanmin Liao, Wenhong Ding, and Wei Guan, 2022, The Informativeness of Regional GDP Announcements: Evidence from China. Journal of Empirical Finance 67, 78-99.
3. Song, Leilei, Gary Gang Tian and Guanmin Liao, 2021, External Regulation, Independent Director Attendance, and Governance Effects, China Journal of Accounting Research 14, 101-128.
4. Giannetti, Mariassunta, Guanmin Liao, Jiaxing You, and Xiaoyun Yu, 2021, The Externalities of Corruption: Evidence from Entrepreneurial Firms in China, Review of Finance 25(3), 629-667.
5. Bradshaw, Mark, Guanmin Liao, and Mark (Shuai) Ma, 2019, “Agency Costs and Tax Planning when the Government is a Major Shareholder”, Journal of Accounting and Economics 67, 255-277.
6. Giannetti, Mariassunta, Guanmin Liao, and Xiaoyun Yu, 2015, “The Brain Gain of Corporate Boards: Evidence from China”, Journal of Finance 70, 1629-1682.
7. Chang, Chun, Guanmin Liao, Xiaoyun Yu, and Zheng Ni, 2014, “Information from Relationship Lending: Evidence from Loan Defaults in China”, Journal of Money, Credit and Banking 46, 1225-1257.
8. Chang, Chun, Xin Chen, and Guanmin Liao, 2014, “What are the Reliably Important Determinants of Capital Structure in China?”, Pacific Basin Finance Journal 30, 87-113.
9. Liao, Guanmin, Xin Chen, Xin Jing, and Jianfei Sun, 2009, “Policy Burdens, Firm Performance, and Management Turnover”, China Economic Review 20, 15-28.

Honors and Awards

• Pagano-Zechner Prize for the Best Corporate Finance Paper Published in the Review of Finance, 2021
• Excellence in Teaching Award of Renmin University of China, 2019, 2020
• The 10th International Symposium on Corporate Governance Best Paper Award, 2019
• Outstanding Young Scholar Award of Renmin University of China, 2018
• Outstanding Master's Thesis Supervisor of Central University of Finance and Economics, 2013, 2014, 2015, 2016, 2017
• Sun Yefang Financial Innovation Award, 2016
• National Academic Leader (reserved) in Accounting, 2013
• Beijing Higher Education Young Elite Teacher Project, 2013
• “Yongjin” Distinguished Research Award of Central University of Finance and Economics, 2010
• Chinese Finance Association Annual Meeting Best Paper Award, 2008
• Distinguished Doctoral Dissertation of Beijing City, 2008
• Distinguished Doctoral Dissertation of Renmin University of China, 2008