Clare Wang
Clare Wang

ACCOUNTING INFORMATION & MANAGEMENT
Assistant Professor of Accounting Information & Management

Print Overview

Clare Wang is an Assistant Professor in the Accounting Information and Management department. Her primary research interest focuses on the properties and economic impact of accounting information and accounting standards, particularly in international settings. She and her co-authors have examined how accounting standards harmonization affect financial statement comparability across countries, the spill-over effects of disclosure regulation in the U.S. to foreign firms, the importance of currency risk in cross border investment decisions, and the determinants and consequences of CEO taking $1 salaries.

Clare teaches the Financial Reporting and Analysis course. She received her B.S. and Ph.D. degrees from the Wharton School, University of Pennsylvania. During the 5 years between her undergraduate and graduate studies, Clare worked in the investment banking division at Goldman Sachs in Hong Kong.



Areas of Expertise
Financial Disclosure/Statements
International Accounting
Print Vita
Education
Ph.D., 2011, Accounting, University of Pennsylvania, Wharton School
B.S., 2001, Accounting and Finance, University of Pennsylvania, Wharton School, summa cum laude

Academic Positions
Assistant Professor, Northwestern University, Kellogg School of Management, 2011-present
Instructor, Accounting, University of Pennsylvania, Wharton School, 2009-2009

Grants and Awards
2012. Lawrence Revsine Research Fellowship, Kellogg School of Management, Northwestern University, One Year
Dissertation Award, 2012. American Accounting Association International Accounting Section Best Dissertation Award

Editorial Positions
Editorial Board, Journal of International Accounting Research

 
Print Research
Research Interests
Financial statement comparability; international accounting; disclosure regulation

Articles
Wang, Clare. 2014. Accounting standards harmonization and financial statement comparability: Evidence from transnational information transfer. Journal of Accounting Research. 54 (4): : 955-992.
Hail, Luzi, Ahmed Tahoun and Clare Wang. Dividend Payouts and Information Shocks. Journal of Accounting Research. 52 (2):: 403-456.
Verrecchia, Robert and Clare Wang. 2011. Some thoughts on Accounting Research in Japanese Settings. Japanese Accounting Review. 1: 131-133.
Working Papers
Naughton, JamesThomas Lys and Clare Wang. 2014. Signaling through Corporate Accountability Reporting.
Hamm, Sophia, Michael Jung and Clare Wang. 2014. Making Sense of One Dollar CEO Salaries.
Dewenter, Kathryn, Catherine Schrand and Clare Wang. 2013. The Impact of Currency Risk on U.S. MNCs: Evidence from Currency Crises.

 
Print Teaching
Teaching Interests
Financial Accounting; Valuation and Security Analysis
Full-Time / Part-Time MBA
Financial Reporting and Analysis (ACCT-451-0)

This course counts toward the following majors: Accounting

This course provides a study of current practices in corporate financial reporting and fundamental issues relating to asset valuation and income determination. The emphasis is on financial statement analysis and interpretation of existing financial disclosures. The course stresses critical analyses of financial reporting numbers as a basis for improved risk assessment and cash flow forecasting. Cases are used extensively to enhance relevance.