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Chong Wang
Associate Professor
Graduate School of Business and Public Policy
Monterey, CA 93943
Phone: 831-656-2665
Email: cwang (at)
ABD - University of Rochester, 2005
Business Administration
PhD - Iowa State University, 1998
MS - Iowa State University, 1998
BS - University of Science and Technology of China, 1991
Management Science
  • Associate Professor, 2014-present
  • Assistant Professor, 2007-2014
  • Visiting Assistant Professor, Long Island University
  • Senior Associate, Financial Advisory Service, PricewaterhouseCoopers LLP
  • Corporate Finance
  • Financial Accounting
  • Management Accounting
  • Financial Accounting
  • Defense-Related Management Accounting
  • Corporate Finance and Economics
  • Best Paper Award (3rd Place),
    • 2012 Fifth International Public Procurement Conference, Seattle, WA. "The Excessive Profits of Defense Contractors: Evidence and Determinants" (with Joseph San Miguel)
  • Best Paper Award on Global Financial Markets,
    • 2011 The Chinese Finance Association (TCFA) Annual Meeting, New York, NY, "Dynamics of Entrepreneurship under Incomplete Markets" (with N.Wang and J.Yang)
  • PhD Program Fellowship, University of Rochester, 2002-2006
  • Graduate College Scholarship, Iowa State University, 1994-1998
  • PACE (Premium for Academic Excellence) Award, Iowa State University, 1994-1995
  • 2012-Present, Member of the editorial board of Asian Journal of Business Research.
  • Member of American Accounting Association
  • Member of American Economic Association
  • "Optimal Consumption and Savings with Stochastic Income and Recursive Utility," with Neng Wang, and Jinqiang Yang, Journal of Economic Theory, Volume 165, 292-331, (2016)
  • "Contemporaneous Verification of Language: Evidence from Management Earnings Forecasts," with Steve Baginski, Elizabeth Demers, and Julia Yu, Review of Accounting Studies, Volume 21, Issue 1, 165-197, (2016).
  • "Political Connections of the Boards of Directors and Department of Defense Contractors' Excessive Profits," Journal of Public Procurement, Volume 14, No. 1, 96-122, (2014)
  • "Are Cost-plus Defense Contracts (Justifiably) Out of Favor?", with Joseph San Miguel, Journal of Governmental and Nonprofit Accounting, Volume 2, Issue 1, 1-15, (2013).
  • "Banking Systems, Innovations, Intellectual Property Protections, and Financial Markets: Evidence from China," with Po-Hsuan Hsu and Chaopeng Wu, Journal of Business Research, Volume 66, Issue 12, 2390-2396, (2013).
  • "On the Scientific Status of the Conscious Capitalism Theory," California Management Review, Volume 55, No. 3, 97-106, (2013).
  • "Conscious Capitalism Firms: Do They Behave as Their Proponents Say?" California Management Review, Volume 55, No. 3, 60-86, (2013).
  • "The Excessive Profits of Defense Contractors: Evidence and Determinants," with Joseph San Miguel, Journal of Public Procurement, Volume 12, No. 3, 386-406, (2012)
  • "A Unified Model of Entrepreneurship Dynamics," with Neng Wang and Jinqiang Yang, Journal of Financial Economics, Volume 106, 1-23, (2012)--- This paper was previously circulated under the title "Dynamics of Entrepreneurship under Incomplete Markets."
  • "How Does the Cost Performance of Defense Contracts Vary Among Services and Contractors? Evidence from Major Defense Acquisition Programs (MDAP)," with K.J. Euske and Joseph San Miguel, Advances in Management Accounting, Volume 20, 75-100, (2012)
  • "Does the Monitoring Role of Buyout Houses Improve Discretionary Accruals Quality?" Accounting and Finance, 50(4), 993-1012, (2010)
  • Keywords: Corporate Finance, Accounting

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