Jiang, J.X., He, S., and Wang, P., 2024., Partner Wealth and Audit Quality: Evidence from the United States. Review of Accounting Studies, forthcoming.
Jiang, J.X., Cram, P., Qi, Ki., and Bai, G., 2024. Challenges and Dynamics of Public Health Reporting and Data Exchange During COVID-19: Insights from US hospitals. Health Affairs Scholar, 2(1), January 2024
Jiang, J.X., Qi, K., Bai, G., and Schulman, K., 2023. Pre-Pandemic Assessment: A Decade of Progress in Electronic Health Record Adoption among U.S. Hospitals. Health Affairs Scholar, 1(5), qxad056.
Jiang, J.X. and Shen, M., 2023. Traditional Media, Twitter, and Four Business Scandals. Journal of Quantitative Description: Digital Media, 3. Available at: https://doi.org/10.51685/jqd.2023.016
Huang, X., Ivkovich, Z., Jiang, J.X., and Wang, I.Y., 2023. Angel Investment and First Impressions. Journal of Financial Economics, 149(2), pp.161-178. Available at: https://doi.org/10.1016/j.jfineco.2023.05.001.
Jiang, J.X. and Kong, J., 2023. Green Dies in Darkness? Environmental Externalities of Newspaper Closures. Review of Accounting Studies. Available at: https://doi.org/10.1007/s11142-023-09786-5
Jiang, J.X., Malhotra, A., and Bai, G., 2023. Factors Associated with Hospital Commercial Negotiated Price for Magnetic Resonance Imaging of Brain. JAMA Network Open, 6(3):e233875.
Commercial COVID-19 PCR Test Price in US Hospitals., with Sanjay Gupta, Gerard Anderson, and Ge Bai 2023. Journal of General Internal Medicine https://doi.org/10.1007/s11606-022-08013-2
Price Transparency in Hospitals: Current Research and Future Directions, with Ranjani Krishnan, and Ge Bai 2023. JAMA Network Open 6(1): e2249588. doi:10.1001/jamanetworkopen.2022.49588
Price Variability for Common Radiology Services within U.S. Hospitals, with Howard Forman, Sanjay Gupta, and Ge Bai 2022. Radiology (Impact Factor 29.15) doi:10.1148/radiol.221815. Covered by MSU Today, Market Watch.
Land, buildings, and equipment acquisitions in U.S. hospitals: A fifteen-year perspective”, with Kangkang Qi and Ge Bai. PLoS One 2022 Aug 4;17(8):e0272370. doi: 10.1371/journal.pone.0272370
Are There Trade-Offs with Mandating Timely Disclosure of Cybersecurity Incidents? Evidence from State-Level Data Breach Disclosure Laws, with Musaib Ashraft and Isabel Wang. 2022. The Journal of Finance and Data Science 8: 202-213. doi: 10.1016/j.jfds.2022.08.001.
Inferring Quality of U.S. Audit Partners through Their Houses, with Henry He and Philip Wang. Working paper.
Effectiveness of Email Warning on Reducing Hospital Employees’ Unauthorized Access to Protected Health Information: A Nonrandomized Controlled Trial, with Nick Culbertson and Ge Bai. JAMA Network Open (Impact Factor 8.48) doi:10.1001/jamanetworkopen.2022.7247.
Local public health officials and COVID-19: evidence from China, with Maobin Wang. China Accounting and Finance Review. doi:10.1108/CAFR-02-2022-0011
“Comparison of Cash Prices to Commercial Negotiated Prices for 70 Hospital Services” with Ge Bai and Martin Makary. JAMA Network Open (Impact Factor 8.48) doi:10.1001/jamanetworkopen.2021.40526. Covered by Modern Healthcare, and Broad News.
“Factors Associated with Compliance to the Hospital Price Transparency Final Rule: a National Landscape Study” with Dan Polsky, Jeff Littlejohn, Yuchen Wang, Hossein Zare, and Ge Bai. Journal of General Internal Medicine (Impact Factor 5.13) doi: 10.1007/s11606-021-07237-y
“Commercial Negotiated Prices for CMS-Specified Shoppable Radiology Services in U.S. Hospitals”, with Ge Bai and Martin Makary. Radiology (Impact Factor 11.1) doi:10.1148/radiol.2021211948. Covered by the Wall Street Journal, and Consumer Affairs.
“Commercial Negotiated Prices for CMS-Specified Shoppable Surgery Services in U.S. Hospitals” with Ge Bai, and Martin Makary. September 2021. International Journal of Surgery (Impact Factor 6.07) doi: 10.1016/j.ijsu.2021.106107
“Canary in a Coal Mine? A Look at Initial Data on COVID-19’s Impact on U.S. Hospitals” With Ge Bai, Lovisa Gustafsson, and Gerard Anderson. 2020 June. Commonwealth Fund Issue Brief
Congress has provided $175 billion in financial relief to hospitals and other healthcare providers based on predictions that they would face financial difficulties due to COVID-19. We provide initial evidence about the financial impact of COVID-19 on hospitals based on publicly traded hospital companies.
“Type of Information Compromised in Breaches of Protected Health Information” with Ge Bai. 2020. Annals of Internal Medicine 172(2):159-160.
News media and regulators have focused on the number of affected individuals in a healthcare data breach, but not the type of information breached, which carries different risk and consequences. Based on detailed event descriptions, we found that the most common breaches involve nonmedical information that could be exploited for identity theft or financial fraud, rather than sensitive medical information.
“Evaluation of Causes of Protected Health Information Breaches” with Ge Bai. 2019. JAMA Internal Medicine 179(2):265-267
What triggers a data breach among healthcare providers? We examine the detailed descriptions of more than 1,100 healthcare data breaches that affected 164 million patients and find that internal mistakes or neglect account for more than half of the data breaches.
“Big N Auditor and Audit Quality: New Evidence from Quasi-experiments” with Isabel Wang and Philip Wang, 2018. The Accounting Review 94:205-227
Despite the active research in the past forty years, whether Big N auditors provide higher audit quality than non-Big N auditors remains a debate. The challenge is that firms do not choose auditors randomly. Any differences in audit quality associated with Big N auditors could simply reflect the impact of observable firm or auditor characteristics that drive firms' audit choices. We overcome this challenge by identifying a setting where firms' switch to Big N auditors could be attributed to exogenous shocks.
“Revolving Rating Analysts and Ratings of Mortgage-backed and Asset-backed Securities: Evidence from LinkedIn” with Isabel Wang and Philip Wang. 2018. Management Science 64 (12):5832-5854
Many AAA rated structured finance products suffered large losses in the financial crisis. The media and policy makers alleged that many of these securities were actually devised by former analysts who previously worked for rating agencies. We empirically examine these allegations by collecting analysts transition data from LinkedIn.
“How Does the FASB Make Decisions? A Descriptive Study of Agenda Setting and the Role of Individual Board Members” with Isabel Wang and Dan Wangerin, 2018. Accounting, Organizations and Society 71: 30-46.
Drawing from the extensive archive of documents made publicly available by the Financial Accounting Standards Board (FASB) dating back to the issuance of its first standard in 1973, we analyze the life cycle of a comprehensive set of projects from the time the projects were placed on the agenda to the formal approval or abandonment by the Board. We provide rich descriptive statistics about the FASB's decision process, focusing on agenda-setting, frequently recurring topics in standard-setting over time, and the association between Board members' professional backgrounds and their standard-setting decisions. Specifically, we explore the following questions: 1) Why is an issue added to or removed from the FASB's agenda? 2) What organizations bring to the FASB's attention an issue that ultimately leads to the issuance of an accounting standard? 3) What are the most common recurring topics observed across accounting standards over time? and 4) Are Board members' professional backgrounds associated with their evalua- tion of proposed standards?
“Hospital Risk of Data Breaches” with Ge Bai and Renee Flasher. 2017. JAMA Internal Medicine 177 (6):878-880.
We examine what hospitals are more likely to experience a data breach.
“Private Intermediary Innovation and Market Liquidity: Evidence from the Pink Sheets Market” with Kathy Petroni and Isabel Wang. 2016. Contemporary Accounting Research 33: 920-948. Presented at the 2013 CAR Conference. First Draft was written in 2011 Spring.
In 2007, OTC Markets Group assigned each Pink Sheets company to a disclosure tier and affixed a colorful graphic to its stock symbol signifying the company’s public disclosure level. This unique setting allows us to investigate the impact of increased salience of disclosure practices on liquidity.
“Does It Matter Who Serves on the Financial Accounting Standards Board? Bob Herz's Resignation and Fair Value Accounting for Loans” with Isabel Wang and Yuan Xie 2015. Review of Accounting Studies 20:371-394
We examine how the stock market reacted to former FASB chairman Bob Herz’s unexpected resignation on August 24, 2010 to measure an individual standard setter’s influence on the capital market. This exogenous shock to the standard-setting process enables us to evaluate the net effect of a substantial accounting standard using financial market data. The results provide empirical evidence for the debate on fair value accounting. They also help to explain why practitioners care about who serves on the FASB.
“Does It Matter Who Pays for Bond Ratings? Historical Evidence” with Mary Stanford and Yuan Xie 2012. Journal of Financial Economics 105: 607-621. Covered by Financial News, Cited by the PCAOB Chairman in a speech in April 2013.
We examine whether charging bond issuers for credit ratings leads to higher ratings by exploiting a historical setting when the S&P switched from investor-pay to issuer pay in July 1974 while Moody's made the switch in October 1970.
“CFOs and CEOs: Who Have the Most Influence on Earnings Management?” With Kathy Petroni and Isabel Wang 2010. Journal of Financial Economics 96: 513-526
“What’s My Style? The Influence of Top Managers on Voluntary Corporate Financial Disclosure.” With Linda Bamber and Isabel Wang 2010. The Accounting Review 85: 1131-1162. The winner of the 2017 Distinguished Contribution to Accounting Literature Award from the American Accounting Association (AAA).
“Comprehensive Income: Who’s Afraid of Performance Statement Reporting?” With Linda Bamber, Kathy Petroni and Isabel Wang 2010. The Accounting Review 85:97-126.
“Taxable Income as a Performance Measure: The Effects of Tax Planning and Earnings Quality.” With Ben Ayers and Stacie Laplante 2009. Contemporary Accounting Research 26:1-44. Presented at the 2007 CAR Conference.
“Beating Earnings Benchmarks and the Cost of Debt.” 2008. The Accounting Review 83: 377-416.
“Discretionary Accruals and Earnings Management: An Analysis of Pseudo Earnings Targets.” With Ben Ayers and Eric Yeung 2006. The Accounting Review 81: 617-652.
Other Publications
Our Healthcare Data Infrastructure Is Abysmal: A critical lesson from the COVID-19 crisis. Medpage Today, January 9, 2024.
“A year of hospital price transparency offers hope for affordable care” With Ge Bai. The Hill, January 4, 2022.
“Saving Lives Comes First for Drug Companies” With Joe Grogan. Washington Times, December 26, 2021
“Is the Hospital Price Transparency Rule Actually Lowering Costs?” With Ge Bai, Marty Makary. Medpage Today, August 12, 2021
“Where Are The High-Price Hospitals? With The Transparency Rule In Effect, Colonoscopy Prices Suggest They’re All Over The Place” With Ge Bai, Marty Makary. Health Affairs Blog. August 11, 2011 doi:10.1377/hblog20210805.748571
"How to prevent medical records from being hacked” With Ge Bai. Wall Street Journal, 2020 June 22[link to WSJ]
“The need for better data breach statistics—reply” with Ge Bai, Renee Flasher. JAMA Internal Medicine, 177(11): 1696-1697.
Google Scholar Profile
Web of Science Profile
Add Headings and they will appear in your table of contents.
Add Headings and they will appear in your table of contents.