Zhifeng Yang, PhD, CFA

Transcription

1 Zhifeng Yang, PhD, CFA Department of Accountancy College of Business City University of Hong Kong Tat Chee Ave, Kowloon Hong Kong SAR, China Tel: (852) Fax: (852) Personal Website: Education Background Ph.D. in Finance, University of Alberta, M.A. in Accounting, Xiamen University, B.A. in MIS, Xiamen University, Academic Position 2014 present: Associate Professor of Accounting, City University of Hong Kong : Assistant Professor of Accounting, City University of Hong Kong Teaching Interest Financial accounting, managerial accounting and financial statement analysis Recent teaching evaluations: MBA - 5.9/7; Master of Public Accounting - 6/7. Research Interest Corporate finance, governance, and auditing issues related to emerging markets, especially Chinese markets Awards and Honors Best Paper in Auditing in the Accounting and Finance Association of Australia and New Zealand (AFAANZ) 2014 Annual Meetings for the paper Politically connected boards and audit pricing: US evidence (coauthored with F. Kim and Y. Zhou) Best paper award at the 2011 Chinese Accounting Professor Association of North America (CAPANA) Annual Conference for the paper Minority shareholders control rights and the quality of corporate decisions: A natural experiment from China (coauthored with Z. Chen and B. Ke) College of Business 1 st Teaching Award (Team) by College of Business, City University of Hong Kong,

2 Publications Do school ties between auditors and client executives influence audit outcomes? (with Yuyan Guan, Nancy Su, and Donghui Wu) Journal of Accounting & Economics 61 (2-3). Do audit clients successfully engage in opinion shopping? Partner-level evidence (with Feng Chen, Songlan Peng, Shuang Xue, and Feiteng Ye) Journal of Accounting Research 54 (1), Political extraction and corporate liquidity management policy: Evidence from China (with Yuanto Kusnadi and Yuxiao Zhou) Journal of Business Research 68, Do individual auditors affect audit quality? Evidence from archival data (with Ferdinand Gul and Donghui Wu) The Accounting Review 88 (6), Minority shareholders control rights and the quality of corporate decisions in weak investor protection countries: A natural experiment from China (with Zhihong Chen and Bin Ke) The Accounting Review 88 (4), Do political connections add value to audit firms? Evidence from IPO audits in China (Sole-authored) Contemporary Accounting Research 30 (3), The 2011 Contemporary Accounting Research (CAR) Conference Paper State control, access to capital, and firm performance (with Oliver Li and Xijia Su) China Journal of Accounting Research 5, Regulations, earnings management, and post-ipo performance: The Chinese evidence (with Jennifer Kao and Donghui Wu) Journal of Banking and Finance 33 (1), Working Papers IPO offer price regulation, financial reporting quality, and IPO overpricing (with J. Chen, B. Ke, and D. Wu) Under review for Contemporary Accounting Research. Does investment banker individual experience matter? Evidence from Chinese IPOs (with G. Zhao and D. Chen) Under review for Journal of Accounting and Economics. 2

3 Audit partner tenure management and audit opinions (with Y. Fan, M. Frank, and C. Li) Politically connected boards and audit pricing: US evidence (With F. Kim and Y. Zhou) IPO expertise of engagement auditors and IPO audit quality (with J. Chen and D. Wu) The cost of audit failures to engagement partners (with B. Li and D. Wu) Work in Progress Transportation infrastructure and corporate innovation: the case of high-speed rails in China (with Q. Hou, Q. Liu, and L. Zhang) Does transportation infrastructure affect corporate information environment? (with Q. Hou, Q. Liu, and R. Morck) Compensation structure in audit firms and the audit quality of branch offices (with X. Han and G. Zhao) Research Grants - As Principle Investigator Hong Kong Research Grants Council General Research Fund (GRF): Client political connections and auditor reporting decisions. Duration: 24 months from January 2015 to December Amount: HKD 236,737. Co-Investigator: F. Kim. Hong Kong Research Grants Council General Research Fund (GRF) (Grant No.: ): The costs of audit failures to engagement partners. Duration: 24 months from July 2013 to June Amount: HKD 240,992. Hong Kong Research Grants Council General Research Fund (GRF) (Grant No.: ): Do individual auditors affect audit quality? Evidence from archival data. Duration: 24 months from July 2011 to June Amount: HKD 270,240. Co-Investigators: F. Gul and D. Wu. Hong Kong Research Grants Council General Research Fund (GRF) (Grant No.: ): Auditor independence, audit fee, and regulatory capture: an examination of the role of auditors in the IPO screening in China. Duration: 24 months from January 2011 to December Amount: HKD 271,950. 3

4 CityU Strategic Research Grant (Grant No.: ): The effect of a regulatory increase in minority shareholders' control in corporate decision making on firm value. Duration: 24 months from 2009 to Amount: HKD 130,000. Co-Investigators: Z. Chen and B. Ke. CityU Strategic Research Grant (Grant No.: ): IPO Regulation and Deregulation in China and Their Implications for Stock Market Development. Duration: 24 months from 2007 to Amount: HKD 178,480. Co-Investigators: J. Kao and D. Wu. CityU New Staff Start-up Grant (Grant No.: ): SEO Regulation, Rent Seeking and Efficiency of Capital Allocation in China. Duration: 24 months from 2007 to Amount: HKD 100, As Co-Investigator Hong Kong Research Grants Council General Research Fund (GRF): Outside Directorships and Audit Quality. Year: Amount: HKD 225,293. Principle Investigator: Donghui Wu; Co-Investigators: J. Kim and Z. Yang. Hong Kong Research Grants Council General Research Fund (GRF): Stock Repurchase and Managerial Compensation Contract. Year: Amount: HKD 277,035. Principle Investigator: S. Kim; Co-Investigator: Z. Yang. Conference Presentations 2014 Politically connected boards and audit pricing: US evidence. AFAANZ 2014 Annual Meeting, Auckland, New Zealand. IPO offer price regulation, financial reporting quality, and IPO overpricing. MIT Asia Conference in Accounting, Chengdu, China Politically connected boards and audit pricing: US evidence. Presented at the American Accounting Association (AAA) 2013 Annual Meeting, Anaheim Do individual auditors affect audit quality? Evidence from archival data. Presented at the American Accounting Association (AAA) 2012 Annual Meeting, Washington D.C Do political connections add value to audit firms? Evidence from IPO audits in 4

5 China. Presented at the 26 th Contemporary Accounting Research (CAR) Conference in Calgary, Canada. Do individual auditors affect audit quality? Evidence from archival data. Presented at the Joint Symposium by City University of Hong Kong, National Taiwan University and Shanghai University of Finance and Economics The value of auditors political connections. Presented at the American Accounting Association (AAA) 2010 Annual Meeting, San Francisco. Does granting minority shareholders direct control over corporate decisions increase shareholder value? A natural experiment from China. Presented at the American Accounting Association (AAA) 2010 Annual Meeting, San Francisco State control, access to capital, and firm performance. Presented at the 2009 International Conference on Corporate Finance and Governance in Emerging Markets in Shanghai Regulations, earnings management, and post-ipo performance: The Chinese evidence. Presented at the 2007 American Accounting Association (AAA) Annual Meeting in Chicago. Invited Campus Presentations Beijing University, University of California at Riverside, Fudan University, Hong Kong Baptist University, University of Hong Kong, Nanjing University, National University of Singapore, Ryerson University, Saint Mary s University, Shanghai Jiaotong University, Shanghai University of Finance and Economics, Simon Fraser University, Sun Yat-sen University, Tsinghua University, Wuhan University, Xiamen University Referee Activities Journals: The Accounting Review, Auditing: A Journal of Practice & Theory, Journal of Banking and Finance, Journal of Accounting, Auditing, and Finance, Economic Inquiry, China Journal of Accounting Research, Quarterly Review of Economics and Finance, International Review of Economics and Finance, China Journal of Accounting Studies, China Accounting and Finance Review, Journal of International Auditing, Journal of Business Ethics, European Accounting Review 5

6 Conferences: FARS mid-year conference, AAA, CAPANA, JCAE mid-year conference Services Program leader: Master of Arts in International Accounting Departmental research committee: coordinate conferences, grants, publications, and other research matters Associate Editor for China Journal of Accounting Research Editorial board member for China Journal of Accounting Studies References Clive Lennox Professor of Accounting Marshall School of Business University of Southern California Los Angeles, CA Phone: Suresh Radhakrishnan Constantine Konstans Distinguished Professor of Accounting and Corporate Governance Jindal School of Management, University of Texas at Dallas 800 West Campbell Road, Richardson, TX Phone: T J Wong Choh-Ming Li Professor of Accountancy School of Accountancy Chinese University of Hong Kong Chak Chung Street, Shatin, N.T., HKSAR, China Phone: tjwong@cuhk.edu.hk Joseph Weintrop Stan Ross Professor of Accountancy Sicklin School of Business Baruch College One Bernard Baruch Way, New York, NY Phone: joseph.weintrop@baruch.cuny.edu 6