News & Events

5 Sep 2018 "Does the Weighted Voting Rights (WVR) Structure Create Value for Shareholders in the Long Run?" Read more
4 Sep 2018 "Credit Rating Agencies and Accounting Frauds" Read more
18 Apr 2018 Our Students won the Nominated Case Award in 2017 Global Contest for the Best China-Focused Cases Read more
1 Jan 2018 AF Newsletter 2017 Read more


25 Feb 2018 TVB Big Big Chanenl Kids Talk: 小智慧 大理財︰用利是錢 教孩子 點理財 Read more

Selected Recent Publications

SHALEV, RON, ZHANG, IVY and ZHANG, YONG "CEO Compensation and Fair Value Accounting: Evidence from Purchase Price Allocation". JOURNAL OF ACCOUNTING RESEARCH, Vol. 5, No. 4, pp. 819-854 (September 2013)
CHEN, ZHIHONG, HUANG, YUAN and WEI, JOHN "Executive Pay Disparity and the Cost of Equity Capital". JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, Vol. 48, No. 3, pp.849-885 (June 2013)
BOUBAKRI, NARJESS, COSSET, JEAN-CLAUDE and SAFFAR, WALID "The Role of State and Foreign Owners in Corporate Risk-Taking: Evidence from Privatization". JOURNAL OF FINANCIAL ECONOMICS, Vol. 108, No. 3, pp.641-658 (June 2013)
TANG, XUESONG, DU, JUN and HOU, QINGCHUAN "The Effectiveness of the Mandatory Disclosure of Independent Directors' Opinions: Empirical Evidence from China". JOURNAL OF ACCOUNTING AND PUBLIC POLICY, Vol. 32, No.3, pp.89-125 (May/June 2013)
TONG, WILSON, ZHANG, SHAOJUN and ZHU, YANJIAN "Trading on Inside Information: Evidence from the Share-structure Reform in China ". JOURNAL OF BANKING AND FINANCE, Vol. 37, No. 5, pp.1422-1436 (May 2013)
BOUBAKRI, NARJESS, MANSI, SATTAR and SAFFAR, WALID "Political Institutions, Connectedness, and Corporate Risk-Taking". JOURNAL OF INTERNATIONAL BUSINESS STUDIES, Vol. 44, No. 4, pp.195-215 (April 2013)
FUNG, SIMON, GUL, FERDINAND A. and RADHAKRISHNAN, SURESH "Investment Banks’ Entry into New IPO Markets and IPO Underpricing". MANAGEMENT SCIENCE, 2013
LI, GANG and ZHANG, CHU "Diagnosing Affine Models of Options Pricing: Evidence from VIX". JOURNAL OF FINANCIAL ECONOMICS, Vol. 107, No. 1, pp.199-219 (January 2013)
GUTHRIE, KATHERINE, SOKOLOWSKY, JAN and WAN, KAM-MING "CEO Compensation and Board Structure Revisited A Rejoinder". JOURNAL OF FINANCE (December 2012)
CHENG, C.S. AGNES, HUANG, HENRY H., LI, YINGHUA and STANFIELD, JASON "The Effect of Hedge Fund Activism on Corporate Tax Avoidance". THE ACCOUNTING REVIEW, Vol. 87, No. 5, pp.1493-1526 (September 2012)