Accounting    Associate Professor with tenure

Phone:(86)(10) 62773185

Office:B339 Lihua Building

Office Hours:By Appointment

Educational Background

1998-2004 Ph.D. in Accounting, University of California, Berkeley
1998-2001 M.S. in Business Administration, University of California, Berkeley
1994-1998 B.S. Economics, Accounting, Tsinghua University
1994-1998 CGA Certificate, Certified General Accountants Association of Canada


Work Experience

2009-present Associate Professor of Accounting, Tsinghua University, Beijing, China
2005-2007 Accounting, economics and financial consulting, CRA International, Boston, MA
2004-2005 Visiting Assistant Professor of Accounting, University of Illinois, Champaign, IL
2004 Investment Strategist, Mellon Capital Management, San Francisco, CA



· Online course on Edx, and XueXiQiangGuo APP

    Blockchain and Cryptocurrency: 760,000 viewer

· Tsinghua University, Beijing

   Blockchain and Cryptocurrency   

   Financial Statement Analysis and Equity Valuation


Research Areas

Blockchain and Cryptocurrency, Financial Statement Analysis and Equity Valuation



Journal Articles

Mei Luo, Frank Zhang, Xinyi Zhang. Earnings management via not-wholly-owned subsidiaries, accepted at Management Science, 2024

available at SSRN:

Dechow, P., Lawrence A., Mei Luo, and Stamenov, V., Media attention and event-based grouping of stocks: an examination of stocks hyped by media outlets as benefiting from the Olympics. Management Science, 2024

available at Management Science website:

Mei Luo, ShuangChen Yu. Financial reporting for cryptocurrencies, Review of Accounting Studies, 2022

available at RAST website:

Mei Luo, Shuai Shao, Frank Zhang. Does financial reporting above or below operating income matter to firms and investors? The case of investment income in China. Review of Accounting Studies, Vol.23, No.4, p.1754–1790, 2018.

Mei Luo, Unusual operating cash flows and stock returns. Journal of Accounting and Public Policy, Volume 27, Issue 5, September/October: 420-429, 2008.

Articles in Chinese:

Mei Luo, Jinpu Li, Ke Tang, The capitalization of data assets: accounting recognition and valuation, Journal of Tsinghua University (Philosophy and Social Science), 38(5), 195-209, 2023

Mei Luo, Shangran Zhang, The future of crypto assets, PKU Financial Review, Issue 2, 73-76, 2023

Mei Luo, Pu Gu, Yulan Jiang, The Return Correlation between Bitcoin and Dow Jones Industrial Average Index, China Accounting Review, 1, 18, 1-16, 2020
Mei Luo, Accounting and Taxation for Cryptocurrency, Accounting Research, Vol.12, pp.34-39, 2019Yunling Song, Mei Luo, The Quality of Mandatory Management Earnings Forecasts of Small and Medium Enterprises, Accounting Research, Vol.6, 24-30, 2017

Mei Luo, Zhe WEI, Does the Stock Market Treat Management Earnings Forecast Equally?Journal of Financial Research, Vol.7, 191-206, 2016

Ping Qian, Mei Luo, Prediction model of financial fraud in Chinese listing Corporation, Accounting Research, Volume 7, Issue 7, 18-25, 2015

Jinbu Zhai, Mei Luo, Is Chinese Stock Market Misleading by Listing Corporation’s Return on Investment? Financial Research, 164-176, 2014

Mei LUO, Yunling SONG, Is the performance of the Chinese stock market a preview of confidence? Financial Research, Issue 9: 168-180, 2012

Lijie YAO, Mei LUO, Donglin XIA, Corporate Governance and Bank Loan Financing, Accounting Research, Volume 274, Issue 8, 55-61, 2010
Yunling SONG, Mei LUO, The effect of management earnings forecasts on the efficiency of the Chinese stock market: Evidence based on the accrual anomaly, Journal of Tsinghua University (Science and Technology), Volume 50, Issue 12, 1963-1967, 2010
Mei LUO, Yunsen CHEN, Does Executive Compensation Scheme Induce Earnings Management in China? China Accounting Review, Volume 8, Issue 1, 3-16, 2010
Mei LUO, Donglin XIA, The Review of American Accounting Ph.D. Education and Its Implications for China, Accounting Research, Volume 252, Issue 10, 73-79, 2008


1. Mei LUO, “Digital Finance: the Future is here”, author in charge, People's Daily Press, 2020

2. Mei LUO, and others "Digital Currency – a Book for Leading Cadres", People's Daily Press, 2019

3. Mei LUO, and others, "The Development of Blockchain Applications in China", Social Science Press, 2019



Industry Experience

· “Blockchain and Cryptocurrency” awarded National Top Tier Undergraduate Course, by the Ministry of Education

   The only blockchain-related course awarded by the Ministry of Education

· Outstanding Course Books, the second prize, awarded by Tsinghua University

· The book “Digital finance: the future is here” that I am the author in charge was awarded the “best seller books in excellence” in 2021, by Publicity Department of the CPC Central Committee; it also has been selected as “digital economy” series books by People's Daily Press.

· Top 5% in teaching rating, Tsinghua University

· Outstanding Teachers, School of Economics and Management, Tsinghua University

· Top10 Best Papers, PwC 3535 Forum, awarded by PWC, 2022

· “Excellence” evaluation grade awarded to my NSFC grant in charge