Accounting Working Papers

Chen, Zhihong and Hope, Ole-Kristian and Li, Qingyuan and Li, Yongbo, Offshore Activities and Corporate Tax Avoidance (February 21, 2022). Available at SSRN: https://ssrn.com/abstract=3974213 or http://dx.doi.org/10.2139/ssrn.3974213

Choy, Stacey and Hope, Ole-Kristian, Private Communication between Managers and Financial Analysts: Evidence from Taxi Ride Patterns in New York City (April 18, 2022). Rotman School of Management Working Paper No. 3920680, Available at SSRN: https://ssrn.com/abstract=3920680 or http://dx.doi.org/10.2139/ssrn.3920680

Hope, Ole-Kristian and Wang, Danye and Yue, Heng and Zhao, Jianyu, Information Quality and Workplace Safety (January 8, 2021). Available at SSRN: https://ssrn.com/abstract=3762656 or http://dx.doi.org/10.2139/ssrn.3762656

Chang, Hsihui and Harris, Erica and Jiang, Shushu and Ma, Zhiming, Are Foreign Donors Good Monitors? (May 15, 2021). European Accounting Review, Forthcoming, Rotman School of Management Working Paper No. 3853884, Available at SSRN: https://ssrn.com/abstract=3853884

Jiang, Shushu, Timely “Gain Recognition” in Debt Contracting – Evidence from Cost Savings and Synergy Add-backs (May 15, 2021). Rotman School of Management Working Paper No. 3846895, Available at SSRN: https://ssrn.com/abstract=3846895 or http://dx.doi.org/10.2139/ssrn.3846895

Chen, Jeff Zeyun and Elemes, Anastasios and Hope, Ole-Kristian and Yoon, Aaron, Audit-Firm Profitability: Determinants and Implications for Audit Outcomes (May 23, 2021). Rotman School of Management Working Paper No. 3848871, Available at SSRN: https://ssrn.com/abstract=3848871 or http://dx.doi.org/10.2139/ssrn.3848871

Hope, Ole-Kristian and Jiang, Shushu and Vyas, Dushyantkumar, Government Transparency and Firm-Level Operational Efficiency (July 17, 2021). Rotman School of Management Working Paper No. 3888753, Available at SSRN: https://ssrn.com/abstract=3888753 or http://dx.doi.org/10.2139/ssrn.3888753

Hope, Ole-Kristian and Su, Xijiang, Peer-Level Analyst Transitions (August 10, 2021). Rotman School of Management Working Paper No. 3902615, Available at SSRN: https://ssrn.com/abstract=3902615 or http://dx.doi.org/10.2139/ssrn.3902615

Choy, Stacey and Jiang, Shushu and Liao, Wei-Yi (Scott) and Wang, Emma, Public Environmental Enforcement and Private Lender Monitoring: Evidence from Environmental Covenants (September 14, 2021). Rotman School of Management Working Paper No. 3860178, Available at SSRN: https://ssrn.com/abstract=3860178 or http://dx.doi.org/10.2139/ssrn.3860178

Hope, Ole-Kristian and Liu, Junhao, Does Stock Liquidity Shape Voluntary Disclosure? Evidence from the SEC Tick Size Pilot Program (October 7, 2021). Available at SSRN: https://ssrn.com/abstract=3938232 or http://dx.doi.org/10.2139/ssrn.3938232

Hope, Ole-Kristian and Li, Congcong and Ma, Mark (Shuai) and Su, Xijiang, Is Silence Golden Sometimes? Management Guidance Withdrawals During the COVID-19 Pandemic (October 29, 2021). Available at SSRN: https://ssrn.com/abstract=3935782 or http://dx.doi.org/10.2139/ssrn.3935782

Deng, Yingwen and Hope, Ole-Kristian and Wang, Cyndia and Zhang, Min, Capital-Market Liberalization and Auditors' Accounting Adjustments: Evidence from a Quasi-Experiment (January 2020). Available at SSRN: https://ssrn.com/abstract=3501952 or http://dx.doi.org/10.2139/ssrn.3501952

Hope, Ole-Kristian and Jiang, Shushu and Vyas, Dushyantkumar, Government Procurement and Financial Statements Certification: Evidence from Private Firms in Emerging Economies (September 24, 2020). Available at SSRN: https://ssrn.com/abstract=3699078 or http://dx.doi.org/10.2139/ssrn.3699078

Ackert, Lucy F. and Church, Bryan K. and Venkataraman, Shankar and  Zhang, Ping, The Joint Impact of Accountability and Transparency on Managers’ Reporting Choices and Owners’ Reaction to Those Choices (December 2018). Journal of Accounting and Public Policy, Forthcoming; Georgia Tech Scheller College of Business Research Paper No. 19-03. Available at SSRN: https://ssrn.com/abstract=3319930

Chen, Feng and Yao, Yi and Zhao, Mei, Do Investors Turn a Blind Eye to Risk-Factor Disclosures by State-Controlled Firms? (April 2, 2019). Available at SSRN: https://ssrn.com/abstract=3347301or http://dx.doi.org/10.2139/ssrn.3347301

Hope, Ole-Kristian and Li, Congcong and Lin, An-Ping and Rabier, MaryJane, Happy Analysts (April 11, 2019). 29th Annual Conference on Financial Economics & Accounting 2018. Available at SSRN: https://ssrn.com/abstract=3251602 or http://dx.doi.org/10.2139/ssrn.3251602

Hope, Ole-Kristian and Rao, Pingui and Xu, Yanping and Yue, Heng, Information Sharing Between Mutual Funds and Auditors (April 11, 2019). Available at SSRN: https://ssrn.com/abstract=3313541 or http://dx.doi.org/10.2139/ssrn.3313541

Hope, Ole-Kristian and Lu, Haihao and Saiy, Sasan, Director Compensation and Related Party Transactions (April 4, 2019). Forthcoming, Review of Accounting Studies. Available at SSRN: https://ssrn.com/abstract=3365989

Li, Liuchuang and Qi, Baolei and Zhang, Ping, The Impacts of Judge Ideology on Auditors’ Litigation Risk: Evidence from Auditors’ Behaviors (March 16, 2019). Available at SSRN: https://ssrn.com/abstract=3351123 or http://dx.doi.org/10.2139/ssrn.3351123

Ma, Paul and Shin, Jee-Eun and Wang, Charles C. Y., rTSR: When Do Relative Performance Metrics Capture Relative Performance? (April 30, 2019). Harvard Business School Accounting & Management Unit Working Paper No. 19-112. Available at SSRN: https://ssrn.com/abstract=3380516 or http://dx.doi.org/10.2139/ssrn.3380516

Wei, Chunyan and Hu, Shiyang and Chen, Feng, Do Political Connection Disruptions Increase Labor Costs in a Government-Dominated Market? Evidence from Publicly Listed Companies in China (December 27, 2019). Journal of Corporate Finance, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3510417

Beatty, Anne L. and Liao, Wei-Yi (Scott) and Zhang, Haiwen, The Effect of Banks’ Financial Reporting on Syndicated Loan Structures (August 1, 2018). Journal of Accounting & Economics (JAE), Forthcoming. Available at SSRN: https://ssrn.com/abstract=3256916 or http://dx.doi.org/10.2139/ssrn.3256916

Bhojraj, Sanjeev and Mohanram, Partha S. and Zhang, Suning, ETFs and Information Transfer Across Firms (May 8, 2018). Rotman School of Management Working Paper No. 3175382. Available at SSRN: https://ssrn.com/abstract=3175382 or http://dx.doi.org/10.2139/ssrn.3175382

Cai, Wei and Gallani, Susanna and Shin, Jee-Eun, Incentive Contracts and Employee-Initiated Innovation: Evidence from the Field (December 7, 2018). AAA 2019 Management Accounting Section (MAS) Meeting. Available at SSRN: https://ssrn.com/abstract=3233613 or http://dx.doi.org/10.2139/ssrn.3233613

Chen, Feng and Chen, Xiaolin and Tan, Weiqiang and Zheng, Lin, Religiosity and Cross-Country Differences in Trade Credit Use (June 3, 2018). Accounting and Finance (Forthcoming); Kelley School of Business Research Paper No. 18-52. Available at SSRN: https://ssrn.com/abstract=3190180

Crowley, Richard M. and Huang, Wenli and Lu, Hai, Discretionary Dissemination on Twitter (December 6, 2018). Rotman School of Management Working Paper No. 3105847. Available at SSRN: https://ssrn.com/abstract=3105847 or http://dx.doi.org/10.2139/ssrn.3105847

Edwards, Alexander S. and Todtenhaupt, Maximilian, Capital Gains Taxation and Funding for Start-Ups (October 12, 2018). Available at SSRN: https://ssrn.com/abstract=3265385 or http://dx.doi.org/10.2139/ssrn.3265385

Edwards, Alexander S. and Klassen, Kenneth and Pinto, Karen, Investor Response to Tax Related SEC Comment Letters (April 3, 2018). Rotman School of Management Working Paper No. 3157739. Available at SSRN: https://ssrn.com/abstract=3157739 or http://dx.doi.org/10.2139/ssrn.3157739 

Fang, Bingxu and Hope, Ole-Kristian, Analyst Teams (August 7, 2018). Rotman School of Management Working Paper No. 3187324; AAA 2019 Management Accounting Section (MAS) Meeting. Available at SSRN: https://ssrn.com/abstract=3187324 or http://dx.doi.org/10.2139/ssrn.3187324

Feng, Chen and Li, Nan and Lu, Barry and Wong, M.H. Franco and Zhang, Mingyue, Initial Coin Offerings, Blockchain Technology, and White Paper Disclosures (September 25, 2018). Available at SSRN: https://ssrn.com/abstract=3256289

Guan, Yuyan and Li, Congcong and Lu, Hai  and Wong, M.H. Franco, Regulations and Brain Drain: Evidence from Wall Street Star Analysts’ Career Choices - Online Appendix (July 30, 2018). Management Science, Forthcoming.. Available at SSRN: https://ssrn.com/abstract=3243141 

Li, Congcong and Lin, An-Ping and Lu, Hai and Veenstra, Kevin J., Gender and Beauty in the Financial Analyst Profession: Evidence from Two Different Cultures (December 2, 2018). Available at SSRN: https://ssrn.com/abstract=3347968 or http://dx.doi.org/10.2139/ssrn.3347968

Li, Kevin K. and Mohanram, Partha S., Fundamental Analysis: Combining the Search for Quality with the Search for Value (February 23, 2018). Contemporary Accounting Research, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3129156 or http://dx.doi.org/10.2139/ssrn.3129156

Liu, Yanju and Lu, Hai and Veenstra, Kevin J., Beauty and Academic Career (January 9, 2018). Rotman School of Management Working Paper No. 3092844. Available at SSRN: https://ssrn.com/abstract=3092844 or http://dx.doi.org/10.2139/ssrn.3092844

Akamah, Herita T. and Hope, Ole-Kristian and Thomas, Wayne B., Tax Havens and Disclosure Aggregation (April 24, 2017). Forthcoming, Journal of International Business Studies. Available at SSRN: https://ssrn.com/abstract=2957589

Chen, Feng and Peng, Xiaofeng and Zeng, Jianguang, Does Severe Air Pollution Affect Audit Judgment?: Evidence From China (August 15, 2017). Available at SSRN: https://ssrn.com/abstract=1538658 or http://dx.doi.org/10.2139/ssrn.1538658

Chen, Feng and Du, Xingqiang and Lai, Shaojuan and Ma, Mary L. Z., Does the Use of Honorific Appellations in Audit Reports Connote Higher Financial Misstatement Risk? Evidence from China (December 20, 2017). Rotman School of Management Working Paper No. 3177200. Available at SSRN: https://ssrn.com/abstract=3177200 or http://dx.doi.org/10.2139/ssrn.3177200

Chen, Feng and Li, Qingyuan and Xu, Li, Universal Demand Laws and the Monitoring Device Role of Accounting Conservatism (May 4, 2017). 2018 Canadian Academic Accounting Association (CAAA) Annual Conference. Available at SSRN: https://ssrn.com/abstract=2963162 or http://dx.doi.org/10.2139/ssrn.2963162

Chen, Feng and Francis, Jere R. and Hou, Yu, Opinion Shopping through Same-Firm Audit Office Switches (January 17, 2017). Available at SSRN: https://ssrn.com/abstract=2899888 or http://dx.doi.org/10.2139/ssrn.2899888

Cheng, Stephanie F. and Hope, Ole-Kristian and Hu, Danqi, Strategic Entry Deterrence in the Audit Industry: Evidence from the Merger of Professional Accounting Bodies (May 16, 2017). Available at SSRN: https://ssrn.com/abstract=2968551 or http://dx.doi.org/10.2139/ssrn.2968551

De Franco, Gus and Hope, Ole-Kristian and Lu, Haihao, Managerial Ability and Bank-Loan Pricing (July 13, 2017). Forthcoming, Journal of Business Finance and Accounting; Rotman School of Management Working Paper No. 3001882. Available at SSRN: https://ssrn.com/abstract=3001882

Edwards, Alexander S., The Deferred Tax Asset Valuation Allowance and Firm Creditworthiness (May 5, 2017). Available at SSRN: https://ssrn.com/abstract=2968463 or http://dx.doi.org/10.2139/ssrn.2968463

Hope, Ole-Kristian, Tax Havens and Disclosure Aggregation (June 2017). Journal of International Business Studies, Vol. 49, Issue 1, 2017. Available at SSRN: https://ssrn.com/abstract=3160771 or http://dx.doi.org/10.1057/s41267-017-0084-x 

Hope, Ole-Kristian and Huang, Zhongwei and Moldovan, Rucsandra, Wall Street Analysts as Investor Relations Officers (October 12, 2017). 2018 Canadian Academic Accounting Association (CAAA) Annual Conference. Available at SSRN: https://ssrn.com/abstract=3051149 or http://dx.doi.org/10.2139/ssrn.3051149

Hope, Ole-Kristian and Vyas, Dushyantkumar, Private Company Finance and Financial Reporting (February 18, 2017). 2016 ICAEW Information for Better Markets Conference; Rotman School of Management Working Paper No. 2871542. Available at SSRN: https://ssrn.com/abstract=2871542 or http://dx.doi.org/10.2139/ssrn.2871542

Hope, Ole-Kristian and Wang, Jingjing, Management Deception, Big-Bath Accounting, and Information Asymmetry: Evidence from Linguistic Analysis (July 16, 2017). Available at SSRN: https://ssrn.com/abstract=3003259 or http://dx.doi.org/10.2139/ssrn.3003259

Hope, Ole-Kristian and Yue, Heng and Zhong, Qinlin, China’s Anti-Corruption Campaign and Earnings Transparency (January 17, 2017). Singapore Management University School of Accountancy Research Paper No. 2017-56; 2017 Canadian Academic Accounting Association (CAAA) Annual Conference; Rotman School of Management Working Paper No. 2899403; Singapore Management University School of Accountancy Research Paper No. 2017-56. Available at SSRN: https://ssrn.com/abstract=2899403 or http://dx.doi.org/10.2139/ssrn.2899403

Hope, Ole-Kristian and Li, Yi and Liu, Qiliang and Wu, Han, Protecting the Giant Pandas: Newspaper Censorship of Negative News (April 10, 2017). Available at SSRN: https://ssrn.com/abstract=2897758 or http://dx.doi.org/10.2139/ssrn.2897758

Hope, Ole-Kristian and Yue, Heng and Zhong, Qinlin, Do Politically Connected Directors Affect Accounting Quality? Evidence from China's Anti-Corruption Campaign (Rule 18) (April 4, 2017). Available at SSRN: https://ssrn.com/abstract=2899403 or http://dx.doi.org/10.2139/ssrn.2899403

Mohanram, Partha S. and Saiy, Sasan and Vyas, Dushyantkumar, Fundamental Analysis of Banks: The Use of Financial Statement Information to Screen Winners from Losers. (October 1, 2017). Review of Accounting Studies, Forthcoming; Rotman School of Management Working Paper No. 3072574. Available at SSRN: https://ssrn.com/abstract=3072574

Qi, Baolei and Zhang, Ping, Estimation and Interpretation of Individual Auditor's Effects on Audit Quality Measures: Evidence from China (December 2016). 2017 Canadian Academic Accounting Association (CAAA) Annual Conference. Available at SSRN: https://ssrn.com/abstract=2893352 or http://dx.doi.org/10.2139/ssrn.2893352

Bartov, Eli and Faurel, Lucile and Mohanram, Partha S., Can Twitter Help Predict Firm-Level Earnings and Stock Returns? (July 18, 2017). Rotman School of Management Working Paper No. 2631421. Available at SSRN: https://ssrn.com/abstract=2782236 or http://dx.doi.org/10.2139/ssrn.2782236

Beatty, Randolph P. and Lu, Hai and Luo, Wei, Market Failure and Reemergence: A Study of Chinese Firms Listed in the US (September 28, 2016). Singapore Management University School of Accountancy Research Paper No. 2017-57. Available at SSRN: https://ssrn.com/abstract=2845180 or http://dx.doi.org/10.2139/ssrn.28451

Che, Limei and Hope, Ole-Kristian and Langli, John Christian, How Big-4 Firms Improve Audit Quality (August 24, 2016). Available at SSRN: https://ssrn.com/abstract=2828224 or http://dx.doi.org/10.2139/ssrn.2828224

Hope, Ole-Kristian and Zhao, Wuyang. Market Reactions to the Closest Peer Firm's Analyst Revisions (July 23, 2016). Rotman School of Management Working Paper No. 2813244

Hope, Ole-Kristian and Hu, Danqui, and Zhao, Wuyang, Third-Party Consequences of Short-Selling Threats: The Case of Auditor Behavior (January 13, 2016)

Jung, Michael J. and Wong, M.H. Franco and Zhang, Frank, Buy-Side Analysts and Earnings Conference Calls (February 24, 2016). Journal of Accounting Research, June 2018, Vol. 56, Issue 3, pp. 913-952.. Available at SSRN: https://ssrn.com/abstract=2736533 or http://dx.doi.org/10.2139/ssrn.2736533

Edwards, Alexander S. and Hutchens, Michelle and Rego, Sonja O., The Pricing and Performance of Supercharged IPOs (February 2, 2016). The Accounting Review, Forthcoming, DOI: org/10.2308/accr-52304. Available at SSRN: https://ssrn.com/abstract=2725531 or http://dx.doi.org/10.2139/ssrn.2725531

Bird, Andrew and Edwards, Alexander S. and Ruchti, Thomas, Taxes and Peer Effects (January 14, 2016). Rotman School of Management Working Paper No. 2714468. Available at SSRN: https://ssrn.com/abstract=2714468 or http://dx.doi.org/10.2139/ssrn.2714468

Lawrence, Alastair and Minutti-Meza, Miguel and Zhang, Ping, The Importance of Client Size in the Estimation of the Big 4 Effect: A Comment on DeFond, Erkens, and Zhang (2016) (April 18, 2016). Management Science, Forthcoming ; Rotman School of Management Working Paper No. 2799442. Available at SSRN: https://ssrn.com/abstract=2799442

Chu, Ling and Zhang, Ping, An Analysis of Auditor's Learning Costs and Non-Audit Services on Audit Quality (January 11, 2016). 2016 Canadian Academic Accounting Association (CAAA) Annual Conference. Available at SSRN: https://ssrn.com/abstract=2714011 or http://dx.doi.org/10.2139/ssrn.2714011

Li, Nan, Labor Market Peer Firms (May 2015). Rotman School of Management Working Paper No. 2558271.

Hope, Ole-Kristian and Wu, Han and Zhao, Wuyang, Blockholder Exit Threats in the Presence of Private Benefits of Control (May 12, 2015). Rotman School of Management Working Paper No. 2572724.

Bova, Francesco, State-Owned Enterprises, Competition, and Disclosure (May 12, 2015). 

Chen, Feng and Hope, Ole-Kristian and Li, Qingyuan and Wang, Xin, Flight to Quality in International Markets: Political Uncertainty and Investors’ Demand for Financial Reporting Quality (April 8, 2015). Rotman School of Management Working Paper No. 2552173.

Kim, Jae B. and Shroff, Pervin K. and Vyas, Dushyantkumar and Wittenberg Moerman, Regina, Active CDS Trading and Managers’ Voluntary Disclosure (March 17, 2015). Chicago Booth Research Paper No. 14-15; Rotman School of Management Working Paper No. 2447220; Singapore Management University School of Accountancy Research Paper No. 2015-27.

Kieschnick, Robert L. and Rotenberg, Wendy, Working Capital Management, the Credit Crisis, and Hedging Strategies: Canadian Evidence (February 20, 2015). Rotman School of Management Working Paper No. 2569411.

Bereskin, Frederick L. and Kieschnick, Robert L. and Rotenberg, Wendy, Earnings Management over Time (January 29, 2015). Rotman School of Management Working Paper No. 2470705.

Bird, Andrew and Edwards, Alexander and Shevlin, Terry J., Does the U.S. System of Taxation on Multinationals Advantage Foreign Acquirers? (January 15, 2015). Rotman School of Management Working Paper No. 2550819.

Chen, Feng and Lam, Kevin C. K. and Smieliauskas, Wally and Ye, Minlei, Auditor Conservatism and Banks’ Measurement Uncertainty during the Financial Crisis (August 1, 2015). International Journal of Auditing, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1533284 or http://dx.doi.org/10.2139/ssrn.1533284

• Huang, Wenli and Lu, Hai and Wang, Xiaolu, Once Lucky, Always Lucky? Institutional Trading in a Connected World (October 23, 2014). Rotman School of Management Working Paper No. 2513688.

• Menzefricke, Uli and Smieliauskas, Wally, Evidence on the Unauditability of Estimated Returns in Pension Plan Accounting and Their Note Disclosures (October 19, 2014). Rotman School of Management Working Paper No. 2540663. 

• Bhat, Gauri, Callen, Jeffrey L. and Segal, Dan, Testing the Transparency Implications of Mandatory IFRS Adoption: The Spread/Maturity Relation of Credit Default Swaps (June 2014).

• Bereskin, Frederick L., Hsu, Po-Hsuan and Rotenberg, Wendy, The Real Effects of Real Earnings Management: Evidence from Innovation (June 2014).

• Lawrence, Alastair, Minutti-Meza, Miguel and Vyas, Dushyantkumar, Is Operational Control Risk Informative of Financial Reporting Risk? (June 2014).

• Bova, Francesco, Employee Bargaining Power, Inter-Firm Competition, and Equity-Based Compensation (June 2014).

• Hope, Ole-Kristian, Thomas, Wayne B. and Vyas, Dushyantkumar, Stakeholder Demand for Accounting Quality and Economic Usefulness of Accounting in U.S. Private Firms (June 2014).

• Hope, Ole-Kristian, Hu, Danqi and Lu, Hai, The Benefits of Specific Risk-Factor Disclosures (June 2014).

• Waymire, Gregory B., Lunawat, Radhika and Xin, Baohua, A Peek Behind the Curtain that Conceals Self-Dealing (May 2014). Rotman School of Management Working Paper No. 2444129.

• Clarkson, Peter, Li, Yue, Pinnuck, Matt and Richardson, Gordon D., The Valuation Relevance of Greenhouse Gas Emissions Under the European Union Carbon Emissions Trading Scheme (May 2014). European Accounting Review, Forthcoming.

• Bova, Francesco, Dou, Yiwei and Hope, Ole-Kristian, Health-Insurer Bargaining Power and Firms' Incentives to Manage Earnings (May 2014).

• Menzefricke, Ulrich and Smieliauskas, Wally, Evidence on the Representational Faithfulness of Estimated Returns in Pension Plan Accounting Judgments (May 26, 2014). Rotman School of Management Working Paper No. 2487527. 

• Akamah, Herita T., Hope, Ole-Kristian and Thomas, Wayne B., Tax Havens and Disclosure Aggregation (April 2014). Rotman School of Management Working Paper No. 2419573.

• Liu, Yanju, Lu, Hai and Veenstra, Kevin J., Is Sin Always a Sin? The Interaction Effect of Social Norms and Financial Incentives on Market Participants’ Behavior (March 2014). Accounting, Organizations and Society, Forthcoming; Rotman School of Management Working Paper No. 2419667.

• Guan, Yuyan, Wong, M.H. Franco and Zhang, Yue, Analyst Following Along the Supply Chain (March 2014). INSEAD Working Paper No. 2014/21/ACC.

• Callen, Jeffrey L., Fang, Xiaohua, Xin, Baohua and Zhang, Wenjun, Knowledge Advantage and Stock Price Crash Risk: Evidence from the Office Size of Engagement Auditors (March 2014). Rotman School of Management Working Paper No. 2426510.

• Simunic, Dan A., Ye, Minlei and Zhang, Ping, Improving Audit Value with Country Specific Interpretations after International Auditing Standards Are Adopted (February 2014). Rotman School of Management Working Paper No. 2402447.

• Craig, Russel, Amernic, Joel and Tourish, Dennis, Perverse Audit Culture and Accountability of the Modern Public University (February 2014). Financial Accountability & Management, Vol. 30, Issue 1, pp. 1-24, 2014.

• Simunic, Dan A., Ye, Minlei and Zhang, Ping, The Joint Effects of Multiple Legal System Characteristics on Auditing Standards Setting (January 2014). Rotman School of Management Working Paper No. 2281270.

• Dou, Yiwei, Hope, Ole-Kristian, Thomas, Wayne B. and Zou, Youli, Blockholder Exit Threats and Financial Reporting Quality (January 2014).

• Beatty, Anne and Liao, Scott, Financial Accounting in the Banking Industry: A Review of the Empirical Literature (October 2013).

• Cen, Ling, Chen, Feng, Hou, Yu, and Richardson, Gordon D,Customer-Supplier Relationships and Strategic Disclosures of Litigation Loss Contingencies (August 2013).

• Bova, Francesco, Kolev, Kalin S., Thomas, Jacob K. Kandathil and Zhang, Frank, Non-Executive Employee Ownership and Corporate Risk-Taking (July 2013).

• Simunic, Dan A., Ye, Minlei and Zhang, Ping, The Economics of Setting Auditing Standards under Different Legal Regimes: Implications for International Standards on Auditing (June 2013).

• Dou, Yiwei, Hope, Ole-Kristian, Thomas, Wayne B. and Zou, Youli, Blockholder Heterogeneity and Financial Reporting Quality (June 2013).

• Hope, Ole-Kristian, Ma, Mark (Shuai) and Thomas, Wayne B., Tax Avoidance and Geographic Earnings Disclosure (June 2013). Journal of Accounting & Economics (JAE), Forthcoming.

• De Franco, Gus, Hope, Ole-Kristian, Vyas, Dushyantkumar and Zhou, Yibin, Analyst Report Readability (June 2013). Contemporary Accounting Research, Forthcoming.

• Li, Kevin K. and Mohanram, Partha, Evaluating Cross-Sectional Forecasting Models for Implied Cost of Capital (May 2013).

• Edwards, Alexander, Kravet, Todd D. and Wilson, Ryan J., Trapped Cash and the Profitability of Foreign Acquisitions (April 2013). Rotman School of Management Working Paper No. 1983292.

• De Franco, Gus, Vasvari, Florin P., Vyas, Dushyantkumar and Wittenberg Moerman, Regina, Sticky Covenants (March 2013). Chicago Booth Research Paper No. 13-61.

• Hope, Ole-Kristian, Large Shareholders and Accounting Research (February 7, 2013). China Journal of Accounting Research, Forthcoming.

• Hope, Ole-Kristian, Kang, Tony and Kim, Joung W., Voluntary Disclosure Practices by Foreign Firms Cross-Listed in the United States (February 2013). Forthcoming, Journal of Contemporary Accounting and Economics.

• Dou, Yiwei, Hope, Ole-Kristian and Thomas, Wayne B., Relationship-Specificity, Contract Enforceability, and Income Smoothing (February 2013). Accounting Review, Forthcoming.

• Khan, Mozaffar and Lu, Hai, Do Short Sellers Front-Run Insider Sales? (February 2013). Accounting Review, 2013.

• Lourenço, Isabel Costa, Callen, Jeffrey L., Branco, Manuel Castelo and Curto, Jose Dias, The Value Relevance of Reputation for Sustainability Leadership (January 2013). Journal of Business Ethics, Forthcoming.

• Beatty, Anne L., Liao, Scott and Yu, Jeff Jiewei, The Spillover Effect of Fraudulent Financial Reporting on Peer Firms’ Investments (January 2013).

• Fogel-Yaari, Hila and Zhang, Ping, Is an Auditors’ Propensity to Issue Going Concern Opinions Related to Audit Quality? (January 2013). CAAA Annual Conference 2013.

• Smieliauskas, Wally, Bewley, Kathryn, Gronewold, Ulfert and Menzefricke, Ulrich, Misleading Forecasts in Accounting Estimates: An Ethical Blind Spot? (January 2013).

• Menzefricke, Uli and Smieliauskas, Wally, Empirical Analysis of Accounting Estimates When Predictions are Poor (November 2012).

• De Franco, Gus, Hope, Ole-Kristian and Larocque, Stephannie A., The Effect of Disclosure on the Pay-Performance Relation (November 2012). Journal of Accounting and Public Policy, Forthcoming.

• Edwards, Alexander, Schwab, Casey and Shevlin, Terry J., Financial Constraints and the Incentive for Tax Planning (October 2012). Rotman School of Management Working Paper No. 2163766; CAAA Annual Conference 2013.

• Albuquerque, Ana M., De Franco, Gus and Verdi, Rodrigo S., Peer Choice in CEO Compensation (September 2012). Journal of Financial Economics (JFE), Forthcoming.

• Deng, Mingcherng, Lu, Tong, Simunic, Dan A. and Ye, Minlei, Do Joint Audits Improve or Impair Audit Quality? (July 2012).

• Fang, Xiaohua, Li, Yutao, Xin, Baohua and Zhang, Wenjun, Accounting Comparability and Bank Loan Contracting (July 2012).

• Rahaman, Mohammad M., Aivazian, Varouj A. and Sun, Ling, The Real Effects of Credit Contractions: A Firm-Level Analysis (June 2012).

• Hope, Ole-Kristian, Langli, John Christian and Thomas, Wayne B., Agency Conflicts and Auditing in Private Firms(June 2012). Forthcoming, Accounting, Organizations, and Society.

• Wei, Jason Zhanshun and Yang, Liyan, Short-Term Momentum and Reversals in Large Stocks (May 2012).

• Liu, Yu-Jane, Tang, Ya, Yang, Liyan and Yu, Linda, Disclosure and Efficiency in Noise-Driven Markets (March 2012).

• Lyle, Matthew R., Callen, Jeffrey L. and Elliott, Robert J.,Dynamic Risk, Accounting-Based Valuation and Firm Fundamentals (March 2012). Review of Accounting Studies, Forthcoming.

• De Franco, Gus, Hope, Ole-Kristian and Larocque, Stephannie A., Analysts’ Choice of Peer Companies (April 2012).

• Hope, Ole-Kristian, Thomas, Wayne B. and Vyas, Dushyantkumar, Financial Reporting Quality in U.S. Private Firms (January 2012).

• Callen, Jeffrey L. and Fang, Xiaohua, Religion and Stock Price Crash Risk (January 2012).

• Callen, Jeffrey L. and Fang, Xiaohua, Crash Risk and the Auditor-Client Relationship (January 2012).

• Callen, Jeffrey L., Khan, Mozaffar and Lu, Hai, Accounting Quality, Stock Price Delay and Future Stock Returns (November 2011). Contemporary Accounting Research, Forthcoming.

• Dickhaut, John W., Lunawat, Radhika, Xin, Baohua and Waymire, Gregory B., Language, Deception, and Social Loss in an Investment/Trust Game (December 2011).

• Easley, David, O'Hara, Maureen and Yang, Liyan, Opaque Trading, Disclosure and Asset Prices (October 2011).

• Aivazian, Varouj A., Callen, Jeffrey L. and Gelb, David S., Unanticipated Growth, Tobin’s Q, and Leverage (September 2011). BRIDGING THE GAAP: RECENT ADVANCES IN FINANCE AND ACCOUNTING, I. Venezia and Z. Weiner eds., World Scientific Publishing, September 2011.

• Beatty, Anne L., Liao, Scott and Weber, Joseph Peter, Evidence on the Determinants and Economic Consequences of Delegated Monitoring (August 2011).

• Gao, Yu, Liao, Scott and Wang, Xue, The Economic Impact of the Dodd Frank Act of 2010: Evidence from Market Reactions to Events Surrounding the Passage of the Act (August 2011).

• Indjejikian, Raffi J., Lu, Hai and Yang, Liyan, Rational Information Leakage (August 2011).

• Rubin, Amir and Segal, Dan, Wealth and Compensation Inequality in the US: Why Economic Growth is Likely to Lead to Further Income Inequality (October 2011).

• Rubin, Amir and Segal, Dan, Board Reputation and Financial Reporting Quality (September 2011).

• Callen, Jeffrey L. and Lyle, Matthew R., The Term Structure of Implied Costs of Equity Capital (July 2011).

• De Franco, Gus, Hope, Ole-Kristian, Vyas, Dushyantkumar and Zhou, Yibin, Ambiguous Language in Analyst Reports (June 2011).

• Ye, Minlei and Simunic, Dan A., The Economics of Setting Auditing Standards (April 2011).

• Callen, Jeffrey L. and Fang, Xiaohua, Institutional Investors and Crash Risk: Monitoring or Expropriation? (April 2011).

• Guan, Yuyan, Wong, M.H. Franco and Zhang, Yue, Analyst Following Along the Supply Chain and Forecast Accuracy (March 2011).

• Chen, Clara Xiaoling, Lu, Hai and Sougiannis, Theodore , The Agency Problem, Corporate Governance, and the Asymmetrical Behavior of Selling, General, and Administrative Costs (Feb 2011). Contemporary Accounting Research, Forthcoming.

• De Franco, Gus, Wong, M.H. Franco and Zhou, Yibin, Accounting Adjustments and the Valuation of Financial Statement Note Information in 10-K Filings (March 2011). Accounting Review, Forthcoming.

• De Franco, Gus, Kothari, S.P. and Verdi, Rodrigo S., The Benefits of Financial Statement Comparability (March 2011). Journal of Accounting Research, Forthcoming.

• Ye, Minlei and Zhang, Ping, The Convergence of Auditing Standards: Implications of Auditor Liabilities and Audit Effort Costs (January 2011).

• Callen, Jeffrey L. and Luo, Guo Ying, Can Earning Fixated Traders Survive in a Competitive Securities Market?: Implication for Sustained Price Anomalies and Mark to Market Accounting (February 2011).

• Bova, Francesco, Dou, Yiwei and Hope, Ole-Kristian, Employee Ownership and Firm Disclosure (January 2011).

• Chen, Feng,Hope, Ole-Kristian, Li, Qingyuan and Wang, Xin, Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets (December 2010).

• Callen, Jeffrey L., Chen, Feng, Dou, Yiwei and Xin, Baohua, Asymmetry of Information, Wealth Appropriation and the Debt Contracting Demand for Accounting Conservatism (December 2010).

• Dou, Yiwei, Hope, Ole-Kristian and Thomas, Wayne B., Relationship-Specificity, Contract Enforceability, and Income Smoothing: An International Study (November 2010).

• Callen, Jeffrey L., Morel, Mindy and Richardson, Grant A., Do Culture and Religion Mitigate Earnings Management? Evidence from a Cross-Country Analysis (November 2010). International Journal of Disclosure and Governance, Forthcoming.

• Clarkson, Peter, Fang, Xiaohua, Li, Yue and Richardson, Gordon D.,The Relevance of Environmental Disclosures for Investors and Other Stakeholder Groups: Are Such Disclosures Incrementally Informative? (October 2010).

• Bova, Francesco, Minutti-Meza, Miguel, Richardson, Gordon D. and Vyas, Dushyantkumar,The Sarbanes-Oxley Act and Exit Strategies of Private Firms (October 2010).

• Chen, Feng, Dou, Yiwei and Wang, Xin, Executive Inside Debt Holdings and Creditors’ Demand for Pricing and Non-Pricing Protections (October 2010).

• Callen, Jeffrey L. and Lyle, Matthew R.,The Term Structure of Implied Costs of Equity Capital (October 2010).

• Chen, Feng, Kraft, Arthur G. and Weiss, Ira S., Tax Planning by Mutual Funds: Evidence from Changes in the Capital Gains Tax Rate (September 2010).

• Aivazian, Varouj A., Lai, Tat-kei and Rahaman, Mohammad M.,How Do CEOs Create Value for Their Firms?(August 2010).

• Lawrence, Alastair, Minutti-Meza, Miguel and Zhang, Ping, Can Big 4 Versus Non-Big 4 Differences in Audit-Quality Proxies be Attributed to Client Characteristics? (June 2010).

• Guan, Yuyan, Lu, Hai and Wong, M.H. Franco, Conflict-of-Interest Reforms and Investment Bank Analysts’ Research Biases (June 2010).

• De Franco, Gus, Gavious, Ilanit, Richardson, Gordon D. and Jin, Justin Y., Do Private Company Targets that Hire Big4 Auditors Receive Higher Proceeds? (July 2010).

• Clarkson, Peter, Li, Yue, Richardson, Gordon D. and Vasvari, Florin P., Does it Really Pay to Be Green? Determinants and Consequences of Proactive Environmental Strategies (August 2010). Journal of Accounting and Public Policy, Forthcoming. 

• Hope, Ole-Kristian, Thomas, Wayne B. and Vyas, Dushyantkumar, Financial Credibility, Ownership, and Financing Constraints in Private Firms (July 2010).

• De Franco, Gus, Vasvari, Florin P., Vyas, Dushyantkumar and Wittenberg Moerman, Regina, Debt Analysts’ Views of Debt-Equity Conflicts of Interest (July 2010).

• Callen, Jeffrey L., Gavious, Ilanit and Segal, Dan, The Complementary Relationship between Financial and Non-Financial Information in the Biotechnology Industry and the Degree of Investor Sophistication (August 2010).

• Bhat, Gauri, Callen, Jeffrey L. and Segal, Dan, Credit Risk and IFRS: The Case of Credit Default Swaps (July 2010).

• Chen, Feng, Hope, Ole-Kristian, Li, Qingyuan and Wang, Xin, Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets (July 2010).

• Chen, Feng, Kraft, Arthur G. and Weiss, Ira S., Tax Planning by Mutual Funds: Evidence from Changes in the Capital Gains Tax Rate (June 2010).

• Aivazian, Varouj A., Qiu, Jiaping and Rahaman, Mohammad M., Debt Capacity and Corporate Diversification (June 2010).

• Aivazian, Varouj A., Lai, Tat-kei and Rahaman, Mohammad M., What Does an External CEO Bring to the Table? (June 2010).

• Callen, Jeffrey L., Guan, Yuyan and Qiu, Jiaping , The Market for Corporate Control and Accounting Conservatism (June 2010).

• Huang, Wenli and Lu, Hai, Timing of CEO Stock Option Grants and Corporate Disclosures: New Evidence from the Post-SOX and Post-Backdating-Scandal Era (June 2010).

• Hope, Ole-Kristian, Kang, Tony, Kim, Joung W. and Pereira, Raynolde,Voluntary Disclosure Practices by Foreign Firms Cross-Listed in the United States (May 2010).

• De Franco, Gus, Hope, Ole-Kristian and Larocque, Stephannie A., The Effect of Disclosure on the Pay-Performance Relation (April 2010).

• Herrmann, Don, Hope, Ole-Kristian, Payne, Jeff L. and Thomas, Wayne B., The Market’s Reaction to Unexpected Earnings Thresholds (April 2010).

• Callen, Jeffrey L., Risk and Incentives in the Iska Contract (March 2010).

• De Franco, Gus, Vasvari, Florin P., Wittenberg Moerman, Regina and Vyas, Dushyantkumar, Debt Analysts’ Views of Debt-Equity Conflicts of Interest (March 2010).

• Lu, Hai, Wang, Kevin Q. and Wang, Xiaolu, Price Shocks, Opinion Divergence, and Asymmetric Drifts (February 2010).

• Callen, Jeffrey L., Khan, Mozaffar and Lu, Hai, Accounting Quality, Stock Price Delay and Future Stock Returns (February 2010).

• Barniv, Ran, Hope, Ole-Kristian, Myring, Mark and Thomas, Wayne B., International Evidence on Analyst Stock Recommendations, Valuations, and Returns (January 2010).

• Bar-Hava, Keren and Segal, Dan, Do Outside Directors Tell the Truth, the Whole Truth, and Nothing But the Truth When They Resign? (January 2010).

• Wang, Kevin Q. and Xu, Jianguo, Time-Varying Momentum Profitability (January 2010).

• Chen, Feng, Yee, Kenton K. and Yoo, Yong Keun,Robustness of Judicial Decisions to Valuation-Method Innovation: An Exploratory Empirical Study (December 2009).

• Vyas, Dushyantkumar, The Timeliness of Write-Downs by U.S. Financial Institutions during the Financial Crisis of 2007-2008 (December 2009).

• Wang, Kevin Q. and Xu, Jianguo, Market Volatility and Momentum (November 2009).

• Ding, Yuan, Hope, Ole-Kristian and Schadewitz, Hannu J. , Firm-Level Transparency in the Former East Bloc: Empirical Evidence from the Baltic Region (November 2009).

• Hope, Ole-Kristian, Thomas, Wayne B. and Vyas, Dushyantkumar, Transparency, Ownership, and Financing Constraints in Private Firms(November 20, 2009).

• Pribetic, Antonin I.,Litigation or Arbitration? Forum Selection and Arbitration Clauses and the Prospects for Adjudicating International Human Rights Claims in Canada (November 2009).

• De Franco, Gus, Kothari, S.P. and Verdi, Rodrigo S.,The Benefits of Financial Statement Comparability (October 25, 2009).

• Chen, Feng, Kraft, Arthur G. and Weiss, Ira S., Tax Planning by Mutual Funds: Evidence from Changes in the Capital Gains Tax Rate (October 2009).

• Hope, Ole-Kristian, Thomas, Wayne B. and Vyas, Dushyantkumar,The Cost of Pride: Why Do Firms from Developing Countries Bid Higher? (September 2009).

• De Franco, Gus and Hope, Ole-Kristian,Do Analysts' Notes Provide New Information? (August 2009).

• Lu, Hai, Wang, Kevin Q. and Wang, Xiaolu, Price Shocks, Disagreement, and Asymmetric Drifts (August 2009).

• Albuquerque, Ana M., De Franco, Gus and Verdi, Rodrigo S.,Peer Choice in CEO Compensation (July 2009).

• Hope, Ole-Kristian, Thomas, Wayne B. and Vyas, Dushyantkumar, The Cost of Pride: Why Do Firms from Developing Countries Bid Higher? (July, 2009).

• Hope, Ole-Kristian and Langli, John Christian, Auditor Independence in a Private Firm and Low Litigation Risk Setting (July 2009).

• De Franco, Gus, Hope, Ole-Kristian and Larocque, Stephannie A.,The Effect of Disclosure on the Pay-Performance Relation (July 2009).

• Callen, Jeffrey L., Khan, Mozaffar and Lu, Hai,Accounting Quality, Stock Price Delay and Future Stock Returns (May 2009).

• De Franco, Gus and Hope, Ole-Kristian, Do Analysts’ Notes Provide New Information? (May 2009).

• Lu, Hai, Richardson, Gordon D. and Salterio, Steven E., Direct and Indirect Effects of Internal Control Weaknesses and External Audit Effort on Accruals Quality: Evidence from a Unique Canadian Regulatory Setting(March 2009).

• Albuquerque, Ana M., De Franco, Gus and Verdi, Rodrigo S.,Peer Choice in CEO Compensation(March 2009).

• Callen, Jeffrey L. and Segal, Dan, AVariance Decomposition Primer for Accounting Researchers(March 2009).

• Barniv, Ran, Hope, Ole-Kristian, Myring, Mark and Thomas, Wayne B.,International Evidence on Analyst Stock Recommendations, Valuations, and Returns (February 2009).

• Albuquerque, Ana M., De Franco, Gus and Verdi, Rodrigo S., Peer Choice in CEO Compensation (February 2009).

• Pribetic, Antonin I.,Recent Private International Law Developments Before the Supreme Court of Canada(February 2009).

• Lu, Hai, Wang, Kevin Q. and Wang, Xiaolu,The Long Memory in Stock Price Shocks(February 2009).

• Jin, Justin Yiqiang, Investor Attention and Stock Mispricing (January 2009).

• Larocque, Stephannie A., Disclosure, Analyst Forecast Bias, and the Cost of Equity Capital (December 2008).

• Larocque, Stephannie A.,Extracting Ex Ante Earnings Expectations from Analyst Forecasts (December 2008).

• Hope, Ole-Kristian, Thomas, Wayne B. and Vyas, Dushyantkumar,Transparency, Ownership, and Financing Constraints: An International Study Using Private Firms (December 2008).

• Callen, Jeffrey L., Lai, Karen and Wei, Steven X.,Understanding the Variation of Foreign Share Price Discounts: A Study of Dual-Listed Chinese Firms (November 2008).

• Pribetic, Antonin I., An 'Unconventional Truth': Conflict of Laws Issues Arising Under the CISG (November 2008).

• Hope, Ole-Kristian and Langli, John Christian, Auditor Independence in a Private Firm and Low Litigation Risk Setting (November 2008).

• Callen, Jeffrey L., Segal, Dan and Hope, Ole-Kristian,The Pricing of Conservative Accounting and the Measurement of Conservatism at the Firm-Year Level (October 2008). Review of Accounting Studies, Forthcoming.

• Aivazian, Varouj A., Callen, Jeffrey L. and McCracken, Susan A., Experimental Tests of Core Theory and the Coase Theorem: Inefficiency and Cycling (September, 26 2008).

• Barniv, Ran, Hope, Ole-Kristian, Myring, Mark and Thomas, Wayne B., Do Analysts Practice What they Preach and Should Investors Listen? Effects of Recent Regulations (September 2008). Accounting Review, Forthcoming.

• Callen, Jeffrey L., Robb, Sean W.G. and Segal, Dan, Revenue Manipulation and Restatements by Loss Firms. (September 2008).

• Khan, Mozaffar and Lu, Hai, Do Short Sellers Front-Run Insider Sales? (June 2008).

• De Franco, Gus, Vasvari, Florin P. and Wittenberg Moerman, Regina, The Informational Role of Bond Analysts (May 2008). 

• Hope, Ole-Kristian, Kang, Tony, Thomas, Wayne B. and Yoo, Yong Keun, Impact of Excess Auditor Remuneration on Cost of Equity Capital Around the World (March 2008).

• De Franco, Gus, Kothari, S.P. and Verdi, Rodrigo S., The Value of Earnings Comparability (January 2008).