Rotman School of Management, University of Toronto

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Scott Liao

Scott Liao

Scott Liao

Associate Professor of Accounting  
Director, Research Resources and Communication

Degrees:

PhD, Ohio State University

Phone:

416-946-8599

Bio

Scott Liao is an Associate Professor of Accounting and Director, Research Resources and Communication at Rotman. His research interests include agency problems in debt markets, banking regulation, and economic consequences of financial reporting and disclosure. He has published papers in leading journals such as Journal of Accounting and Economics, The Accounting ReviewContemporary Accounting Research and Management Science. His teaching is focused on financial accounting and data analytics. He is an editor at Contemporary Accounting Research and a co-editor at The International Journal of Accounting. 

Other Info

Email: scott.liao@rotman.utoronto.ca

Academic Positions

  • 2014 -

    Associate Professor, University of Toronto

  • 2008-2014

    Assistant Professor, University of Toronto

Selected Publications - Papers

  • What Do Analysts’ Provision Forecasts Tell Us about Expected Credit Loss Recognition?

    with Anne Beatty

    The Accounting Review

    Issue:Forthcoming

  • Banks’ Competitor-Specific Knowledge in Loan Markets

    with Gus DeFranco and Alex Edwards

    Management Science

    Issue:Forthcoming

  • The Effect of Banks' Financial Reporting on Syndicated Loan Structures

    with Anne Beatty and Helen Zhang

    Journal of Accounting and Economics

    Issue:67

    2019

    Pages: 496-520

  • Capital Markets’ Assessment of the Economic Impact of the Dodd-Frank Act on Systemically Important Financial Firms

    With Yu Gao and Xue Wang

    Journal of Banking and Finance

    Issue: 86

    2018

    Pages: 204-223

  • Outside Blockholders' Monitoring of Management and Debt Financing

    Contemporary Accounting Research

    Issue:32

    2015

    Pages: 1373-1404

  • Financial Accounting in the Banking Industry: A review of the empirical literature

    with Anne Beatty

    Journal of Accounting and Economics

    Issue:58

    2014

    Pages: 339-383

  • The Commitment Effect versus Information Effect of Disclosure-Evidence from Smaller Reporting Companies

    with Lin Cheng and Helen Zhang

    The Accounting Review

    Issue:88

    2013

    Pages: 1239-1263

  • The Spillover Effect of Fraudulent Financial Reporting on Peer Firms' Investments

    with Anne Beatty and Jeff Yu

    Journal of Accounting and Economics

    Issue:55

    2013

    Pages: 183-205

  • Evidence on the Determinants and Economic Consequences of Delegated Monitoring

    with Anne Beatty and Joe Weber

    Journal of Accounting and Economics

    Issue:53

    2012

    Pages: 555-576

  • Do Delays in Expected Loss Recognition Affect Banks' Willingness to Lend?

    with Anne Beatty

    Journal of Accounting and Economics

    Issue:52

    2011

    Pages: 1-20

  • Financial Reporting Quality, Private Information, Monitoring and the Lease-versus-Buy Decision

    with Anne Beatty and Joe Weber

    The Accounting Review

    Issue:85

    2010

    Pages: 1215-1238

  • The Effect of Private Information and Monitoring on the Role of Accounting Quality in Investment Decisions

    with Anne Beatty and Joe Weber

    Contemporary Accounting Research

    Issue:27

    2010

    Pages: 17-47

Research and Teaching Interests

Economic Consequences of Financial Reporting Quality, Debt Market and Agency Problems, Banking Regulations

Honors and Awards

  • 2009-2019

    Excellence in Teaching Award, Univeristy of Toronto

  • 2013

    Dean's Award for Excellence in Research, University of Toronto

Academic / Professional Service

  • 2020-

    Editor, Contemporary Accounting Research

  • 2019-2020

    Ad Hoc Editor, Contemporary Accounting Research

  • 2016-

    Co-Editor, International Journal of Accounting

  • 2015-

    Editorial Board, Journal of Financial Reporting

  • 2014-

    Editorial Board, The Accounting Review

  • 2013-

    Editorial Board, Contemporary Accounting Research

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