HKUST is Asia's premier accounting program,
combining world-leading research,
award-winning teaching, outstanding students, and a state-of-the-art
curriculum to train tomorrow's leaders. All faculty are PhDs
from the world's foremost universities -
such as, Chicago, Illinois, London Business School,
Oregon, Oxford, Purdue, Rochester, Texas, UBC and UCLA, - who offer
cutting-edge insights and international perspective vital for career
success in the 21st
Century. HKUST's curriculum develops
all-round knowledge, communications, professional and leadership
skills that employers want. HKUST attracts Hong Kong's best
students and HKUST graduates earn top job offers and honors on CPA exams.
HKUST is accredited unconditionally by the Hong Kong Institute of
Certified Public Accountants. In 1999, HKUST became the first
accounting program outside North America to win accreditation from
AACSB, the premier accrediting agency for business schools. According to <The UTD
Top 100 Business
School Research Rankings>, the Department ranks
publications in top three accounting journals in the last ten years
HKUST places 2nd in Greater China
in Deloitte Tax Championship
Our Newest Publications
Shiheng, CHEN, TAI-YUAN, Chen Lung Chin and Chun Yao. "The
Effects of Financial Reporting on Bank Loan Contracting in
Global Markets: Evidence from Mandatory IFRS Adoption"
Journal of International Accounting Research
- HUNG, MINGYI, XI LI and SHIHENG
WANG."Post-earnings-announcement drift in global markets:
Evidence from an information shock." The Review of Financial Studies,
- CHEN, KEVIN and Feng Tang. "Post-IFRS
Revaluation Adjustments and Executive Compensation."
(Conditionally accepted at Contemporary Accounting
- HUNG, MINGYI, Hyun Hong and Jieying
Zhang. "The use of debt covenants worldwide:
Institutional determinants and implications on financial
reporting." Contemporary Accounting Research.
- HUI, KAI WAI and Steve Matsunaga.
"Are CEOs and CFOs Rewarded for Disclosure Quality?"
Accounting Review, Forthcoming. (with Steve Matsunaga).
- CHARLES HSU, Frank Heflin and Qinglu
Jin. "Accounting Conservatism and Street Earnings."
Review of Accounting Studies, Forthcoming.
- ZHANG, GUOCHANG, Hou, Qingchuan,
Qinglu Jin, Rong Yang and Hongqi Yuan. "Performance
Commitments of Controlling Shareholders and Earnings
Management." Conditionally accepted by Contemporary
- HUNG, MINGYI, Mark DeFond, Siqui Li
and Yinghua Li. "Does Mandatory IFRS Adoption Affect Crash
Risk?" The Accounting Review, Forthcoming.
- HUNG, MINGYI, TJ Wong and Fang Zhang.
"The Value of Political Ties versus Market Credibility:
Evidence from Corporate Scandals in China." conditionally
accepted at Contemporary Accounting Research,
- CHEN, K.C.W, CHEN, TAI YUAN, L.H. Chan and Y. Yu.
"Substitution between Real and Accrual-Based Earnings
Management after Voluntary Adoption of Compensation Clawback
Provisions." The Accounting Review, forthcoming.
- HUANG, ALLEN, ZANG AMY and Rong Zheng.
"Evidence on the Information Content of Text in Analyst Reports"
The Accounting Review, Forthcoming.
- HUNG, MINGYI, Hyun Hong and
Gerald Lobo. (2014). "The impact of mandatory IFRS adoption on IPOs
in global capital markets." (July 2014). The Accounting Review,
- HSU, CHARLES, Gilles Hilary and
Rencheng Wang. (2014) "Management Forecast
Consistency." Journal of Accounting Research,
52, pp. 163-191.
- ZHANG, GUOCHANG. (2014) Accounting
Information and Equity Valuation: Theory, Evidence, and
Applications. Springer Series in Accounting Scholarship,
Vol. 6. Springer: New York (233 pages)
- HSU, CHARLES and Qinglu Jin. "The
Efficiency of Earnings Forecast Pricing." Journal of
Accounting and Public Policy, forthcoming.
- CHEN, K. C. W , CHEN, TAI YUAN and L.
H. Chan. "The effects of firm-initiated clawback provisions on
bank loan contracting." Journal of Financial Economics,
Vol. 110, 2013, pp. 659-679.
- YOU, HAIFENG. "Valuation-driven
Profit Transfer among Corporate Segments." Review of
Accounting Studies, Forthcoming.
- HUI, KAI WAI, Eric Yeung.
"Underreaction to Industry-Wide Earnings and the
Post-Forecast Revision Drift." Journal of Accounting
- CHEN, TAI YUAN, S. Dasgupta and Y.
Yu. "Transparency and financing choices of family firms,
Journal of Financial and Quantitative Analysis, Forthcoming.
LI, XI, Guodong Gao, Rodney Sullivan and Danielle Yu. "Sell-side Analysts and
Gender: A Comparison of Performance, Behavior, and Career Outcomes."
Financial Analysts Journal, Forthcoming.
LI, XI. (2014). "The Sarbanes-Oxley Act and Cross-listed Foreign Private Issuers."
Journal of Accounting and Economics 58, 21-40
HSU, CHARLES and Gilles Hilary. (2013)." Analyst Forecast Consistency."
Journal of Finance 68, pp. 271–297.
- ZHANG, GUOCHANG. (2013). "Accounting
Standards, Cost of Capital, Resource Allocation, and Welfare
in a Large Economy." The Accounting Review 88
- CHEN, KEVIN, CHEN, TAI YUAN, L. Chan and Y.Yu.
(2012). "The Effects of Firm-initiated Clawback Provisions on
Earnings Quality and Auditor Behavior." Journal of Accounting and Economics 54, pp. 180-196.
- CHEN, TAI YUAN, L. Chan, S. Janakiraman and S. Radhakrishnan.
(2012). "Reexamining the
between Audit and Non-audit Fees: Dealing with Weak
Instruments in Two-stage Least Squares Estimation." Journal of Accounting
Finance, July 2012.
- YOU, HAIFENG and Patricia Dechow.
Analysts' Motives for Rounding EPS Forecasts." The Accounting Review
87 (6), 1939-1966.
- YOU, HAIFENG, Neslihan Ozkan and Zvi
Singer. (2012). "Mandatory IFRS Adoption and the Contractual
Usefulness of Accounting Information in Executive
Compensation." Journal of Accounting
Research, 50(4): 1077-1107.
- YOU, HAIFENG, Scott Richardson and
Richard Sloan. (2012). "What Drives Stock Prices Move? Fundamentals
v. Investor Recognition." Financial
Analyst Journal 68(2): 30-50.
- YOU, HAIFENG, Maria Nondorf and Zvi
Singer. (2012). "A Study of Firms Surrounding the Threshold of
Sarbanes-Oxley Section 404 Compliance." Advances in Accounting
HUI, KAI WAI, Sandy Klasa and Eric Yeung. (2012). "Corporate Suppliers and
Customers and Accounting Conservatism." Journal of Accounting and Economics,
Vol. 53, Issues 1-2, Feb - April, pp. 151-135.
ZANG, Amy. (2012). "Evidence on the Trade-Off between Real Activities Manipulation
and Accural-Based Earnings Management." The Accounting Review, March 2012,
87 (2) 675-703.
ZHANG, GUOCHANG and Yuan Huang and Z (2012). " An Examination of the Incremental
Usefulness of Balance-Sheet Information Beyond Earnings in Explaining Stock
Returns." Journal of Accounting, Auditing and Finance, 27(2), pp. 267-293.
of Recent Faculty Research Publications