Associate Professor Tracy (Kun) Wang

Wu, Y.**, Huang, H., Tsang, A., Wang, K.T. 2024. Generalist managers and firm innovation worldwide: The role of innovation-specific institutions. Journal of Accounting and Economics (ABDC A*, FT50, UTD24, Impact Factor 5.4), In press.

Wang, K.T., Cui, L., Zhu, N.Z.**, & Sun, A.*** 2024. Board gender diversity reforms around the world: The impact on corporate innovation. Organization Science, In press (ABDC: A*, FT50, UTD24, Impact Factor 4.9).

Tsang, A., Wang, K.T.., & Zhu, N.Z.** 2024. Product market bonding and cross-listings: Evidence from global competition law reforms. Journal of International Business Studies (ABDC A*, FT50, UTD24; Impact Factor 8.6), https://link.springer.com/article/10.1057/s41267-024-00740-4

Tsang, A., Wang, K.T., & Zhu, N.Z.** 2024. Foreign media slant, foreign investors, and informativeness of earnings. Review of Accounting Studies, In press. https://link.springer.com/article/10.1007/s11142-023-09813-5 (ABDC: A*, FT50, Impact Factor: 4.8).

• Featured in “CBE researcher explores the impact of foreign media on financial markets”, ANU College of Business and Economics Press Release. https://cbe.anu.edu.au/news/2024/cbe-researcher-explores-impact-foreign-media-financial-markets

Wang, K.T., Walpola, S., Zhu, N.Z.**, & Ulima, I.*** 2024. R&D tax incentive reforms and firm value: Worldwide evidence. European Accounting Review, In press.

Zhu, N.Z.**, & Wang, T. 2024. The impact of loosening regulatory requirements on firm innovation: Evidence from SEC Rule 12h-6. British Accounting Review. In press. Available online 20 June 2024, 101434. https://doi.org/10.1016/j.bar.2024.101434 (ABDC: A*, Impact Factor: 5.5).

       Best Paper Award from the 4th Global Chinese Accounting Association (GCAA) Summit 2022 & British Accounting Review Special Issue Conference.

Tsang, A., Wang, K.T., Wu, Y.**, & Lee, J.*** 2024. nonfinancial corporate social responsibility reporting and firm value: international evidence on the role of financial analysts. European Accounting Review, 33(2), 399-434 (ABDC: A*, Impact Factor: 2.845). SSRN Top Ten Download List.

Wang, K.T., Luo, G.** & Liu, S.** 2024. The Impact of exogenous changes in analyst coverage on firm innovation: Evidence from natural experiments. Abacus, In press (ABDC: A, Impact Factor: 2.5).

Liu, S.**, Wang, K.T., & Walpola, S. & Zhu, N.Z.** 2024. CSR contracting and stock price crash risk: International evidence. Journal of International Financial Markets, Institutions and Money, 93, 101999 (ABDC: A, Impact Factor: 5.4).

Wang, K.T., Luo, G.** & Zhu, N.Z.** 2024. Does news media affect firm innovation in emerging markets? Evidence from China. Abacus, In press (ABDC: A, Impact Factor: 2.5). https://doi.org/10.1111/abac.12322

Liu, S.**, Wang, K.T., & Wu, Y.** 2024. Corporate governance reforms and analyst forecast accuracy: International evidence. Abacus, 60(2), 272-304 (ABDC: A, Impact Factor: 2.5). 

Tian, G., Wang, K.T., & Wu, Y.** 2023. Does the market value the green credit performance of banks? Evidence from bank loan announcements, British Accounting Review, In press. https://doi.org/10.1016/j.bar.2023.101282 (ABDC: A*, Impact Factor: 5.5). SSRN Top Ten Download List.

Ho, K.-Y, Wang, K.T., & Wang, W. W. 2023. A novel approach to portfolio selection using news volume and sentiment?” International Review of Finance, 23(4), 903-917(ABDC: A, Impact Factor: 1.8). 

Liu, S.**, Wang, K.T., & Walpola, S. 2023. Female board representation and the adoption of corporate social responsibility criteria in executive compensation contracts: International evidence, Journal of International Financial Markets, Institutions & Money, 82, 101685 (ABDC: A, Impact Factor: 5.4).

Wang, K.T., Zhu, N.Z.**. 2023. Conditional mandates on management earnings forecasts: The impact on the cost of debt. Abacus, 59(4), 901-953 (ABDC: A, Impact Factor: 2.5).

Luo, G.**, Wang, K.T., & Wu, Y.** 2023. Does the market reward meeting or beating analyst earnings forecasts? Empirical evidence from China. China Accounting and Finance Review, 25(2), 184-219 (ABDC: A, Impact Factor: **). SSRN Top Ten Download List.

Wang, K.T., & Wu, Y.** 2023 Corporate social responsibility reporting and investment: Evidence from mergers and acquisitions. Journal of Business Finance & Accounting, in press. https://doi.org/10.1111/jbfa.12768 (ABDC: A*, Impact Factor: 2.2).

Ryou, J. W., Tsang, A., Wang, K.T. 2022. Product market competition and voluntary corporate social responsibility disclosures. Contemporary Accounting Research, 39(2), 1215-1259 (ABDC: A*, FT50, Impact Factor: 3.2).

• The 7th World Business Ethics 2018 Best Paper Award

Liao, C.H., Tsang, A., Wang, K.T., & Zhu, N.Z.** 2022. Corporate governance reforms and cross-listings: International evidence. Contemporary Accounting Research, 39(1), 537-576 (ABDC: A*, FT50, Impact Factor: 3.2).

• 2022-2023 Wiley Top Cited Article
• 2021-2022 Wiley Top Cited Article

Wang, K.T., Liu, Y.***, & Wang, W.W. 2022, Government control, regulatory enforcement actions, and the cost of equity. European Accounting Review, 31(2), 449-493 (ABDC: A*, Impact Factor: 2.845).

Wilson, M., Wang, K.T., Wu, Y.**, & Lou, A.*** 2022. Institutional investors and earnings management associated with controlling shareholders' promises: Evidence from the split share structure reform in China. Journal of Contemporary Accounting and Economics, 18(3), 100330 (ABDC: A, Impact Factor: 2.9). SSRN Top Ten Download List.

Wang, K.T., & Sun, A.*** 2022. Institutional ownership stability and corporate social performance. Finance Research Letters, 47, 102861 (ABDC: A, Impact Factor: 7.4).

• Featured in "Institutional Investors Can Push Companies to Think Long Term — Or Not", Institutional Investor, 29 April, 2022. https://www.institutionalinvestor.com/article/b1xtj6vfbdgqbt/Institutional-Investors-Can-Push-Companies-to-Think-Long-Term-Or-Not

Wang, K.T., & Shailer, G. 2022. Multiple performance criteria for government-controlled corporations. International Review of Economics and Finance. 79, 75-96 (ABDC: A, Impact Factor: 4.8).

Tsang, A., Wang, K.T., Zhu, N.Z.**, & Li, Y. 2022. The Economic Consequences of Hosting the Olympic Games: International Evidence from Cross-Listings. Journal of International Accounting Research, 21(1): 101–129 (ABDC: A, Impact Factor: 2.344).

• 2023 The Journal of International Accounting Research Best Paper Award

Zhu, N.Z.**, Wang, K.T., & Wilson, M. 2022. The Effect of Conditional Management Earnings Forecast Mandates on Voluntary Disclosure and Analyst Forecast Properties. Abacus. 58(3), 479-522 (ABDC: A, Impact Factor: 2.5).

Wang, K.T., Luo, G.**, & Yu, L. 2022. Analysts’ Foreign Ancestral Origins and Firms’ Information Environment. China Accounting and Finance Review, 24(1), 106-140 (ABDC: A) SSRN Top Ten Download List.

Li, S., Quan Y., Tian, G.G., Wang, K.T., & Wu, H. 2022 (First online 2 January 2021), Academy fellow independent directors and innovation, Asia Pacific Journal of Management, 39, 103–148 (ABDC: A, Impact Factor: 4.9).

Tsang, A., Wang, K.T., Liu, S.**, & Yu, L. 2021. Integrating corporate social responsibility criteria into executive compensation and firm innovation: International evidence. Journal of Corporate Finance, 70, 102070 (ABDC: A*, Impact Factor: 7.2). 

Wang, K.T., Wu, Y.**, Sun, A.***. 2021. Acquisitions and the cost of debt: Evidence from China. International Review of Financial Analysis, 78, 101925 (ABDC: A, Impact Factor: 7.5).

Wang, K.T., Liu, S.** & Wu, Y.** 2021. Corporate social activities and stock price crash risk in the banking industry: International evidence. Journal of International Financial Markets, Institutions, and Money, 74, 101416 (ABDC: A, Impact Factor: 5.4).

Wang, K.T., Kartika, F.***, Wang, W.W., & Luo, G.** 2021. Corporate social responsibility, investor protection, and the cost of equity: Evidence from East Asia, Emerging Markets Review, 47, 100801(ABDC: A, Impact Factor: 5.6).

Wang, K.T., Wu, Y.**, & Ho, K.-Y 2021. Internal control reporting and cost of bond financing: Evidence from China. International Review of Economics and Finance, 76, 1323-1346 (ABDC: A, Impact Factor: 4.8).

Wang, K. T. & Shailer, G. 2018. Does ownership identity matter? A meta-analysis of research on firm financial performance in relation to government versus private ownership, Abacus 54 (1), 1-35 (ABDC: A, Impact Factor: 2.5).

Wang, K. T. & Shailer, G. 2017. Family ownership and financial performance relations in emerging markets, International Review of Economics and Finance 51, 82-98 (ABDC: A, Impact Factor: 4.8).

Wang, K. T. & Wang, W. W. 2016. Competition in the stock market with asymmetric information, Economic Modelling 61, 40-49 (ABDC: A, Impact Factor: 4.2).

Wang, K. T. & Li, D.*** 2016. Market reactions to the first-time disclosure of corporate social responsibility reports: Evidence from China, Journal of Business Ethics 138 (4), 661–682 (ABDC: A, FT50, Impact Factor: 5.9).

Shailer, G. & Wang, K. 2015, Government ownership and the cost of debt for Chinese listed corporations, Emerging Markets Review 22, 1-17 (ABDC: A, Impact Factor: 5.6).

Wang, K. & Shailer, G. 2015. Ownership concentration and firm performance in emerging markets: A meta-analysis, Journal of Economic Surveys 29 (2), 199–229 (ABDC: A, Impact Factor: 5.9).  

** indicating the co-author is my previous or current PhD student

*** indicating the co-author is my previous honours/master student

All papers are presented by me expect for those indicated as ꬸ and ꬸꬸ.

ꬸ = coauthor presentation

ꬸꬸ = PhD student presentation

1.

Liu, S.**, Wang, K.T., & Walpola, S. & Zhu, N.Z.** 2024. CSR contracting and stock price crash risk: International evidence. 2024 Accounting and Finance Association of Australia and New Zealand (AFAANZ) Annual Conference, 30 June - 2 July, Auckland, New Zealand. ꬸꬸ

2.

Wang, K.T., Zhu, N.Z.**, Wu, Y. F.*** 2024 The Impact of Enforcement Actions on Corporate Disclosure Policies. World Finance Conference, July 30^th - August 2^nd, 2024, Cyprus.

3.

Zhu, N.Z.** & Wang, K.T. 2023. The impact of loosening regulatory requirements on firm innovation: Evidence from SEC Rule 12h-6. Zhu, N.Z. The 2023 AFAANZ Annual Conference, 2-4 July, Gold Coast, Australia. The 3rd Swiss Accounting Research Alpine Camp, 9-10 February 2023, Crans-Montana, Switzerland.

4.

Zhu, N.Z.**, Wu, Y.** & Wang, K.T. 2022. The impact of corporate takeover activities on analyst optimism: Evidence from international mergers and acquisitions laws. 2022 International Consortium for Values-Based Governance (ICVG) at the Centre for Global Business (CGB): Governance in its institutional context, December 15-16, 2022, Melbourne, Australia

5.

Wang, K.T., Zhu, N.Z.**, Wu, Y. F.*** 2022 The Impact of Enforcement Actions on Corporate Disclosure Policies. The 3rd Boca Corporate Finance and Governance Conference 2022, December 10-11, 2022, Florida Atlantic University, Boca Raton, Florida, US.

6.

Zhu, N.Z.** & Wang, K.T. 2022. The impact of loosening regulatory requirements on firm innovation: Evidence from SEC Rule 12h-6. Zhu, N.Z. The 4th Global Chinese Accounting Association (GCAA) Summit 2022 & British Accounting Review Special Issue Conference. Best paper award (single award).

7.

Liu, S.**, Wang, K.T. & Wu, Y.** 2022. Corporate governance reforms and analyst forecast accuracy: International evidence. World Finance Conference, Turin, Italy, August 1-3, 2022.

8.

Wang, K.T., Liu, S.** & Wu, Y.** 2021. Corporate social activities and stock price crash risk in the banking industry: International evidence. World Finance & Banking Symposium 2021, December 17-18, 2021, Budapest, Hungary. (The paper was presented at a virtual session due to COVID-19 travel restrictions)

9.

Wang, K. T., Liu, S.**, & Yue, W.** 2020, Corporate social responsibility and stock price crash risk in the banking industry: International evidence. The 2nd UT PhD Symposium, McCombs School of Business, University of Texas, 11-12, August 2021(Virtual conference due to COVID-19)ꬸꬸ; The 2020 Cross Country Perspective in Finance (CCPF) Conference (Special Theme of the Journal of International Financial Markets, Institutions, and Money), August 20-22, 2020 (Virtual conference due to COVID-19).ꬸꬸ

10.

Wang, K. T., Luo, G.** & Liu, S.** 2020, Analyst coverage, board independence and firm innovation, Abacus 2020 Special Issue Conference on Accounting, Auditing and Corporate Governance in China, June 6-7, 2020. Conference organizations: Abacus, Peking University, and Cardiff University (Virtual conference due to COVID-19).ꬸꬸ

11.

Tsang, A., Wang, K. T., Wu, Y.** & Lee, J.*** 2020, Non-financial corporate social responsibility reporting and firm value: International evidence on the role of financial analysts. The 22nd annual Australian Summer Accounting Conference, University of Technology Sydney, 6-7 February 2020, Sydney Australia.

• One of the only 8 papers invited for presentation at the conference.

12.

Liu, S.**, Tsang, A. & Wang, K.T. 2019. The adoption of corporate social responsibility criteria in executive compensation and firm innovation: International evidence. Hawai'i Accounting Research Conference 2020, January 3-5, 2020, University of Hawai’i at Hilo, Hawai’i., US.ꬸꬸ

13.

Wang, K. T. & Shailer, G. 2019, Multiple performance criteria for government-controlled corporations, China Special Issue Conference of International Review of Economics and Finance: The Sixth International Conference on The Chinese Economy: Past, Present and Future, Tsinghua University, Beijing, December 21, 2019.

14.

Zhu, N. Z.**, Wang, K. T. & Wilson, M. 2019, The effect of conditional management earnings forecast mandates on voluntary disclosure and analyst forecast properties. Accounting and Business Research (ABR) and China Journal of Accounting Research (CJAR) Joint Conference, 16-17 November 2019, Sun Yat-sen University, Guangzhou, China.

• One of the only 8 papers invited for presentation at the plenary section.

15.

Wang, K. T., Kartika, F.*** & Wang, W. 2019. Corporate social responsibility, investor protection, and the cost of equity: Evidence from East Asia, The 2019 International Accounting and Finance Conference (IAFC) and Special Issue of Emerging Markets Review (EMR), The Chongqing Technology and Business University, 17-18 December, 2019, Chongqing, China.

• One of the only 15 papers accepted by the conference.

16.

Wang, K.T. & Wu, Y.** Acquisitions and the cost of debt financing. 2019. The 3rd Sydney Banking and Financial Stability Conference, 13-14 December 2019, The University of Sydney Business School, Sydney, Australia; Finance in the Changing Global Environment, 13-15 December, Tianjin University, Tianjin, China.

17.

Tsang, A., Wang, K. T. & Zhu, N. Z.** 2019. Corporate Governance Reforms around the World: The Impact on Firm Innovation. 2019 London Business School Accounting Symposium, 20-21 June 2019, London, U.K.

• One of the only 7 papers invited for presentation at this invite-only conference.

18.

Wang, K.T., Wu, Y.** & Ho, K.-Y. 2018. Internal control reporting and cost of debt. The Fifth International Conference on The Chinese Economy: Past, Present and Future, Tsinghua University, December 22, 2018 Beijing, P.R.China.

19.

Wang, K.T. & Wu, Y.** 2018. Corporate Social Responsibility Reporting and Investment: Evidence from Acquisitions. 42nd European Accounting Association Annual congress 2018, 30 May - 1 June 2018, Milan, Italy.ꬸꬸ

20.

Wang, K. T. & Zhu, Z. N.** 2018. Management earnings forecasts and corporate bond financing of Chinese listed firms. 42nd European Accounting Association Annual congress 2018, 30 May-1 June 2018, Milan, Italy.

21.

Zhu, Z. N.**, Wang, K. T. & Wilson, M. 2018. Conditional management earnings forecast mandates and corporate information environment. 42nd European Accounting Association Annual congress 2018, 30 May-1 June 2018, Milan, Italy.ꬸꬸ

22.

Ryou, J. W., Tsang, A. & Wang, K.T. 2018. Competition and corporate social responsibility reporting. The American Accounting Association Annual Meeting 2018, August 4-8, 2018. Washington, DC, US;* Temple University 100th Anniversary Accounting Conference, 9-10 Aug 2018, Fox School of Business, Temple University, Philadelphia, PA, US;* Hawai'i Accounting Research Conference 2019, January 3-5 2019, University of Hawai’i at Hilo, Hawai’i., US;* 2019 Accounting and Finance Association of Australia and New Zealand (AFAANZ) Conference, 7-9 July 2019, Brisbane, Australia.

23.

Luo, G.** & Wang, K. T. 2017. Meeting or beating analyst forecasts in China: Stock market responses and managerial actions. The Chinese Economists Society Annual Conference 2017, 10-11 June, Nanjing, China.ꬸꬸ

24.

Wang, K. T., Kartika, F.*** & Wang, W. 2016, Corporate social responsibility, investor protection, and the cost of equity: Evidence from East Asia, 2016 Annual Conference of Accounting and Finance Association of Australia and New Zealand (AFAANZ), 3-5 July 2016, Jupiters Hotel, Gold Coast, Queensland, Australia.

25.

Wang, K. T.., Liu, Y.*** & Wang, W. 2015, Government control, regulatory enforcement actions, and the cost of equity, The 2015 International Journal of Accounting Symposium, 4-7 June 2015, Xiamen University, Xiamen, China. 2016 American Accounting Association (AAA) Annual Meeting. Previous title was Government ownership, financial fraud detection, and the cost of equity.ꬸ

26.

Ho, K.-Y. & Wang, K., Wang, W. 2014, PMI, foreign trade and economic growth in China. 2014 Asia-Pacific Business Conference, 27-29 November 2014, Perth, Australia.ꬸ

27.

Wilson, M., Wang, K. & Lau, A*** 2014, Insiders' promises and earnings management: Evidence from China's split share reform, The Chinese Economists Society Annual Conference 2014, 14-15 June, Guangzhou, China.

28.

Wang, K. & Shailer, G. 2014, Family ownership concentration and financial performance relations in emerging markets, Family Business Academic Conference, 2-3 April 2014, National University of Singapore, Singapore.

29.

Wang, K. & Li, D.*** 2014, Market reactions to the first-time disclosure of corporate social responsibility reports: Evidence from China, Journal of Business Ethics Special Issue Conference on Business Ethics in Greater China: Past, Present and Future, 19-20 May 2014, Tibet, China. 2014 American Accounting Association (AAA) Annual Meeting.

30.

Wang, K. & Shailer, G. 2014, Market expectations of propping using within-group acquisitions, The 2014 Financial Markets & Corporate Governance Conference, 23-24 April 2014, Brisbane, Australia.

31.

Wang, K. 2013, Meta-analysis of audit tenure and audit quality, 2013 The 11th Annual Australian National Centre for Audit and Assurance Research (ANCAAR) Audit Research Forum, 6-7 December 2013, The Australian National University, Australia.

32.

Wang, K. & Shailer, G. 2013, Meta-analyses of ownership identity and corporate performance in Emerging Markets, 17-19 December, The 26th Australasian Finance and Banking Conference, Sydney, Australia.

33.

Wang, K. & Shailer, G., and Dhaliwal, D. 2013, Government ownership and the cost of debt: Evidence from Chinese listed corporations, 2013 Asian Finance Association Annual Conference, 15 – 17 July, 2013, Nanchang, China.

34.

Wang, K. Meta-analysis of audit tenure and audit quality, 2013 The 11th Annual Australian National Centre for Audit and Assurance Research (ANCAAR) Audit Research Forum, 6-7 December 2013, The Australian National University, Australia.

35.

Wang, W., Ho, K.Y., Liu, W. M., & Wang, K. 2013, The relation between news events and stock price jump: An analysis based on neural network, 2013 International Congress on Modelling and Simulation (MODSIM), 1-6 December 2013, Adelaide, Australia.ꬸ

36.

Wang, K. & Wang, W. 2012, The insider, the information follower and the price follower: An analysis based on asymmetric information, 2012 World Finance & Banking Symposium, Shanghai, 17 – 18 December, 2012, Shanghai, China.

37.

Wang, K. & Shailer, G. 2012, Meta-analyses of ownership identity and corporate performance in emerging markets, 2012 Meta-Analysis in Economics Research Network (MAER-Net) Colloquium, Perth, Australia. 

38.

Wang, K. & Shailer, G. 2012, Government control and performance criteria for Chinese listed corporations, 2012 Annual Conference of Accounting and Finance Association of Australia and New Zealand (AFAANZ), 1-3 July, 2012, Melbourne, Australia.

39.

Wang, K. & Shailer, G. 2011, Meta-analyses of ownership identity and corporate performance in emerging markets, The 40th Australian Conference of Economists, 10-13 July 2011, ANU, Canberra.

40.

Wang, K. & Shailer, G. 2010, Disentangling the relationship between ownership concentration and firm performance in emerging markets: A meta-analysis, 2010 Meta-Analysis of Economics Research Network (MEAR-Net) Colloquium, Hendrix College, AR, US, October 2010.

41.

Wang, K. & Shailer, G. 2010, Acquisitions in Chinese business groups: Expropriation vs. propping?, 2010 Annual Conference of Accounting and Finance Association of Australia and New Zealand (AFAANZ), Christchurch, New Zealand, July 2010.

42.

Wang, K. & Shailer, G. 2008, The rise of institutional investors in China, in Proc. The 1st Research Symposium on Corporate Governance in China and India, Virginia Beach, Virginia, US, October 2008.

43.

Wang, K. 2004, Causal analyses of foreign trade and economic growth in China, in Proc. The 8th International Conference on Global Business and Economic Development, Guadalajara, Mexico, January 7- 10, 2004.