Christopher S. Armstrong

The Joan E. Horngren Professor of Accounting
Academic Area:
Christopher S. Armstrong

Bio

He was previously the EY Professor of Accounting at the Wharton School of the University of Pennsylvania. He is on the editorial board of the Journal of Accounting and Economics and is an editor of The Accounting Review. He holds a BS from the University of Virginia, MPA from the University of Texas at Austin, and PhD from Stanford University.

Research Interests

  • Corporate Governance
  • Incentives and Compensation
  • Contracting

Stanford GSB Affiliations

Academic Degrees

  • PhD in Accounting, Stanford Graduate School of Business, 2008
  • MPA in Accounting, The University of Texas at Austin, 2000
  • BS in Commerce, University of Virginia, 1999

Academic Appointments

  • Professor of Accounting, Stanford Graduate School of Business, 2022–present
  • EY Professor of Accounting, The Wharton School of the University of Pennsylvania, 2018–22
  • EY Associate Professor of Accounting, The Wharton School of the University of Pennsylvania, 2016–18
  • Associate Professor of Accounting, The Wharton School of the University of Pennsylvania, 2013–16
  • Assistant Professor of Accounting, The Wharton School of the University of Pennsylvania, 2007–13

Awards and Honors

  • Charles and Melissa Froland Faculty Fellow, 2022–23
  • American Accounting Association, Financial Accounting and Reporting Section
  • Best Dissertation Supervisor Award for Supervising John Kepler’s Dissertation, 2020
  • Best Dissertation Supervisor Award for Co-Supervising Stephen Glaeser’s Dissertation, 2019
  • Cambridge Centre for Financial Reporting and Accountability (CFRA) Research Fellow, 2017–present
  • Journal of Accounting Research Referee of the Year, 2017
  • Harold C. Stott Assistant Professor of Accounting, July 2011–present
  • Dorinda and Mark Winkelman Distinguished Scholar Award, 2010–11
  • Rodney L. White Center Aronson-Johnson-Ortiz Research Fellowship, 2011

Service to the Profession

    • Editorial board of the Journal of Accounting and Economics
    • Editor of The Accounting Review

    Professional Experience

    • Staff Accountant, KPMG LLP

    Research Statement

    Chris Armstrong’s research primarily focuses on corporate governance, executive compensation, contracting, and incentives. He has also studied issues related to how capital market participants use accounting information and other corporate disclosures, valuation, and cost of capital, and various financial reporting issues at early-stage companies.

    Journal Articles

    Christopher S. Armstrong, John D. Kepler, Chongho Kim, David Tsui
    Review of Accounting Studies
    February 2025
    Christopher S. Armstrong, Carlo Maria Gallimberti, David Tsui
    The Accounting Review (forthcoming)
    2025
    Christopher S. Armstrong, Jacky Chau, Christopher D. Ittner, Jason J. Xiao
    Review of Accounting Studies
    2025 Vol. 30 Pages 156–201
    Christopher S. Armstrong, Mirko S. Heinle, Irina Luneva
    Review of Accounting Studies
    June 2024
    Christopher S. Armstrong, John D. Kepler, David F. Larcker, Shawn X. Shi
    Journal of Accounting and Economics
    January 2024
    Nir Yehuda, Christopher S. Armstrong, Daniel Cohen, Xiaolu Zhou
    The Accounting Review
    October 2023 Vol. 98 Issue 6
    Christopher S. Armstrong, John D. Kepler, Delphine Samuels, Daniel Taylor
    Journal of Accounting & Economics
    November 2022 Vol. 74 Issue 2–3
    Christopher S. Armstrong, Stephen A. Glaeser, Sterling Huang
    The Accounting Review
    July 2022 Vol. 97 Issue 4 Pages 27–50
    Christopher S. Armstrong, Terrence Blackburne, Phillip Quinn
    Journal of Accounting and Economics
    April 2021 Vol. 71 Issue 2–3
    Christopher S. Armstrong, Stephen Glaeser, John D. Kepler
    Journal of Accounting and Economics
    August 24, 2019
    Christopher S. Armstrong, Stephen Glaeser, John D. Kepler
    Journal of Accounting and Economics
    March 9, 2019
    Christopher S. Armstrong, Stephen Glaeser, Sterling Huang, Daniel J. Taylor
    The Accounting Review
    January 2019 Vol. 94 Issue 1 Pages 1–24
    Christopher S. Armstrong, John D. Kepler
    Journal of Accounting and Economics
    November 2018 Vol. 66 Issue 2–3 Pages 366–373
    Christopher S. Armstrong, George Foster, Daniel J. Taylor
    Management Science
    May 2016 Vol. 62 Issue 5 Pages 1316–1338
    Christopher S. Armstrong, Daniel J. Taylor, Robert E. Verrecchia
    Journal of Financial Reporting
    March 2016 Vol. 1 Issue 1 Pages 15–32
    Christopher S. Armstrong, Jennifer L. Blouin, Alan D. Jagolinzer, David F. Larcker
    Journal of Accounting and Economics
    August 2015 Vol. 60 Issue 1 Pages 1–17
    Christopher S. Armstrong, John E. Core, Wayne R. Guay
    Journal of Financial Economics
    September 2014 Vol. 113 Issue 3 Pages 383–403
    Christopher S. Armstrong, Ian D. Gow, David F. Larcker
    Journal of Accounting Research
    December 2013 Vol. 51 Issue 5 Pages 909–950
    Christopher S. Armstrong, David F. Larcker, Gaizka Ormazabal, Daniel J. Taylor
    Journal of Financial Economics
    August 2013 Vol. 109 Issue 2 Pages 327–350
    Christopher S. Armstrong, Snehal Banerjee, Carlos Corona
    The Review of Financial Studies
    January 2013 Vol. 26 Issue 1 Pages 158–207
    Christopher S. Armstrong, Christopher D. Ittner, David F. Larcker
    Review of Accounting Studies
    June 2012 Vol. 17 Issue 2 Pages 322–351
    Christopher S. Armstrong, Rahul Vashishtha
    Journal of Financial Economics
    April 2012 Vol. 104 Issue 1 Pages 70–88
    Christopher S. Armstrong, Karthik Balakrishnan, Daniel Cohen
    Journal of Accounting and Economics
    February 2012 Vol. 53 Issue 1–2 Pages 185–204
    David F. Larcker, Christopher S. Armstrong, Jennifer Blouin
    Journal of Accounting and Economics
    February 2012 Vol. 53 Issue 1–2 Pages 391–411
    Christopher S. Armstrong, Antonio Davila, George Foster, John R.M. Hand
    Australian Journal of Management
    April 2011 Vol. 36 Issue 1 Pages 15-57
    Christopher S. Armstrong, John E. Core, Daniel J. Taylor, Robert E. Verrecchia
    Journal of Accounting Research
    March 2011 Vol. 49 Issue 1 Pages 1–40
    Christopher S. Armstrong, David F. Larcker, Che-Lin Su
    Operations Research
    July 2010 Vol. 58 Pages 1090–1106
    Christopher S. Armstrong, Alan D. Jagolinzer, David F. Larcker
    Journal of Accounting Research
    May 2010 Vol. 48 Issue 2 Pages 225-271
    Christopher S. Armstrong, Mary E. Barth, Alan D. Jagolinzer, Edward J. Riedl
    The Accounting Review
    January 2010 Vol. 85 Issue 1 Pages 31-61
    Christopher S. Armstrong, Antonio Dávila, George Foster, John R. M. Hand
    Review of Accounting Studies
    March 2007 Vol. 12 Pages 183–215
    Christopher S. Armstrong, Antonio Davila, George Foster
    Review of Accounting Studies
    January 2006 Vol. 11 Issue 1 Pages 119-154
    Christopher S. Armstrong, Matthew Cooper
    Journal of Taxation
    June 2001 Vol. 94 Pages 356–366

    Working Papers

    Christopher S. Armstrong, Chongho Kim, Yaniv Konchitchki, Frank Zhou May 6, 2025
    Christopher S. Armstrong, Oscar Timmermans April 2025
    Christopher S. Armstrong, Sterling Huang, Yanping Xu February 2025
    Christopher S. Armstrong, Stephen Glaeser, Stella Y. Park, Oscar Timmermans April 2024
    Christopher S. Armstrong, Alan D. Jagolinzer, Sarah Kröchert, Andrea Pawliczek January 2024
    Christopher S. Armstrong, Youngki Jang, Nir Yehuda October 2023
    Christopher S. Armstrong, Yaniv Konchitchki, Biwen Zhang July 2023
    Christopher S. Armstrong, Luzi Hail, Rachel Xi Zhang June 2022
    Christopher S. Armstrong, John E. Core, Wayne R. Guay July 2015

    Insights by Stanford Business

    February 20, 2025
    Five lessons in five minutes: Professor Chris Armstrong explains the essential principles of corporate governance.
    February 13, 2025
    A ruling on intellectual property rights has shaped how companies and employees approach innovation.
    December 13, 2023
    Keep your brain warm with these book suggestions.
    March 23, 2023
    Paying corporate accountants more removes incentives for financial misreporting.