Professor Marvin Wee

Marvin Wee

RSA

Research School of Accounting

Position
Professor and Deputy Director Education
Email
marvin.wee@anu.edu.au
Phone number
+61 2 612 50416
Office
Room 327, CBE Bld (26C)
Link
https://researchportalplus.anu.edu.au/en/persons/marvin-wee
Research areas

Capital markets; Company disclosures; Analyst and management forecasts.

Biography

Marvin Wee is a Professor and the Deputy Director (Education) of the Research School of Accounting at the College of Business and Economics. Marvin researches on the topics of trading behaviour, firm disclosure, investor relations, international financial reporting standards and information asymmetry within the stock market.  His research work is directed at both academics and practitioners, and is strengthened by his prior experience working in the banking industry as an interest rate and foreign exchange sales dealer. Marvin has published in leading academic journals including Accounting and Finance, and Australian Journal of Management, Global Finance Journal, Journal of Financial Markets, and Pacific-Basin Finance Journal, and also presented at many national and international conferences.

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Google Scholar

Research publications

Selected Publications:

  • Clinch, G., A. Tarca and M. Wee, 2023, Cross-country diversity and non-IFRS financial performance measures. Accounting and Finance 63: 2473-2502 (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Hoang, L. M. Wee and J. Yang, 2023, Strategic trading by insiders in the presence of institutional investors. Journal of Financial Markets 64: 100802 (Individual Contribution: 33.3%, ABDC Journal Ranking: A*).
  • Daniliuc, S., H. Guo and M. Wee, 2023, The usefulness of financial advisors to government controlled Chinese acquirers. Global Finance 55: 100803 (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Hendershott, T., M. Wee and Y. Wen, 2022, Transparency in fragmented markets: Experimental Evidence. Journal of Financial Markets 59: 100732. (Individual Contribution: 33.3%, ABDC Journal Ranking: A*).
  • Bayne, L., J. Ng, and M. Wee, 2022, Supply chain management disclosure: practice and perspectives. Accounting and Finance 62: 3875-3911. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Ho, G., C. Padungsaksawasdi, S. Treepongkaruna and M. Wee, 2022, The effect of short selling on volatility and jumps, Australian Journal of Management 47: 34-52. (Individual Contribution: 25%, ABDC Journal Ranking: A).
  • Maher, F., W. Van Zyl and M. Wee, 2021, The state of executive remuneration disclosure in Australia, Company and Securities Law Journal 38/7 491-512. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Daniliuc, S., L. Li and M. Wee, 2021, Busy directors and firm performance: a replication and extension of Hauser. Accounting and Finance 61: 1415-1423. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Daniliuc, S., L. Li and M. Wee, 2020, Busy directors and firm performance: Evidence from Australia mergers. Pacific Basin Finance Journal 64: 101434. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Lu, Y., P. Huang and M. Wee, 2020, Corporate governance analysts and firm value: Australian evidence, Pacific-Basin Finance Journal 63: 101430. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Cahill, D., K. Fong, M. Wee and J. Yang, 2020, The role of implied volatility in liquidity provision, Australian Journal of Management 45: 45-71. (Individual Contribution: 25%, ABDC Journal Ranking: A).
  • Aman, H., W. Beekes, H. Berkman, M. Bohmann, M. Bradbury, E. Chapple, M. Chang, V. Clout, R. Faff, J. Han, D. Hillier, A. Hodgson, B. Howieson, J. Jona, M. Linnenluecke, T. Loncan, B. McCredie, D. Michayluk, N. Mroczkowski, Z. Pan, V. Patel, E. Podolski, N. Soderstrom, T. Smith, G. Tanewski, K. Walsh, M. Wee, and S. Wright, 2019, Responsible science: Celebrating the 50-year legacy of Ball and Brown (1968) using a registration-based framework, Pacific-Basin Finance Journal 56: 129-150. (Individual Contribution: 40%, ABDC Journal Ranking: A).
  • Aman, H., W. Beekes, M. Chang and M. Wee, 2019, The role of credibility in the relation between management forecasts and analyst forecasts in Japan, Pacific-Basin Finance Journal 55: 29-45. (Individual Contribution: 25%, ABDC Journal Ranking: A).
  • Bayne, L. and M. Wee, 2019, Non-financial performance indicators in annual reports: Australian practice. Accounting Research Journal 32: 7-19. (Individual Contribution: 50%, ABDC Journal Ranking: B).
  • Fargher, N. and M. Wee, 2019, The impact of Ball and Brown (1968) on generations of research. Pacific-Basin Finance Journal 54: 55-72. (Individual Contribution: 50%, ABDC Journal Ranking: A).
  • Chang, M., A. B. Jackson and M. Wee, 2018, A review of research on regulation changes in the Asia-Pacific region. Accounting and Finance 58: 635-667. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Moriyasu, H., M. Wee and J. Yu, 2018, The role of algorithmic trading in stock liquidity and commonality in electronic limit order markets. Pacific-Basin Finance Journal 49: 103-128. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Cahill, D., M. Wee and Y. Yang, 2017, Media sentiment and trading strategies of different types of traders. Pacific-Basin Finance Journal 44: 160-172. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Malone, L., A. Tarca and M. Wee, 2016, IFRS non-GAAP earnings disclosures and fair value measurement. Accounting and Finance, 56(1): 59-98. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Chang M. and M. Wee, 2016, The effect of voluntary versus mandatory adoption of trading policies on the returns to insider trades. Pacific-Basin Finance Journal 38: 76-87. (Individual Contribution: 50%, ABDC Journal Ranking: A)
  • Petchey, J., M. Wee and Y. Yang, 2016, Pinning down an effective measure for probability of informed trading. Pacific-Basin Finance Journal 40 (Part B):456-475. (Individual Contribution: 33.3%, ABDC Journal Ranking: A).
  • Wee, M. and Y. Yang, 2016, The evolution of informed liquidity provision and consumption: evidence from an order-driven market. European Financial Management 22(5): 882-915. (Individual Contribution: 50%, ABDC Journal Ranking: A)
  • Foster F. D., J. Ng and M. Wee, 2015, Presentation format and financial literacy: Accessibility and assessability of retirement savings statements. Journal of Consumer Affairs, 49(3): 519-549. (Individual Contribution: 33.3%, ABDC Journal Ranking: A)
  • Chang M., L. Hooi and M. Wee, 2014, How does investor relations affect analyst forecasts? Accounting and Finance, 54(2): 365-391. (Individual Contribution: 33.3%, ABDC Journal Ranking: A)
  • Wee M., A. Tarca and M. Chang, 2014, Disclosure incentives, mandatory standards and firm communication in the IFRS adoption setting, Australian Journal of Management, 39 (2): 265-291. (Individual Contribution: 40%, ABDC Journal Ranking: A)
  • Cotter J., A. Tarca and M. Wee, 2012, IFRS Adoption and analysts’ earnings forecasts: Australian evidence, Accounting and Finance, 52(2): 395-419. (Individual Contribution: 33.3%, ABDC Journal Ranking: A)
  • Wee M. and J. Yang, 2012, Order size, order imbalance and the volume-volatility relation in a bull versus bear market, Accounting and Finance, 52 (1): 145-163. (Individual Contribution: 50%, ABDC Journal Ranking: A)
  • Chang M., G. D’Anna, I. Watson and M. Wee, 2008, Does disclosure quality via investor relations affect information asymmetry? Australian Journal of Management, 33(2): 375-390. (Individual Contribution: 25%, ABDC Journal Ranking: A)
  • Chan T., I. Watson, and M. Wee, 2005, The impact of the internet on earnings announcements, Pacific-Basin Finance Journal, 13 (3): 263-300. (Individual Contribution: 33.3%, ABDC Journal Ranking: A)

Industry commissioned reports:

Executive Remuneration

Van Zyl, W., and M. Wee, 2019, AASB Research Report 8: Literature review – Remuneration Reporting. https://www.aasb.gov.au/Research-Centre/Research-Reports.aspx. https://www.aasb.gov.au/admin/file/content102/c3/AASB_RR08_02-19LitReview.pdf

Non-financial Reporting

Bayne, L., M. Wee, M. and A. Tarca, 2019, Non-financial performance: Are your non-financial KPIs useful?, Research report from grant received from the Institute of Chartered Accountants of Scotland. https://www.icas.com/thought-leadership/research/research-from-icas-recommends-steps-companies-can-take-to-report-non-financial-kpis-in-their-financial-reports

Integrated Reporting

Research grants and awards

Grants:

The Institute of Chartered Accountants of Scotland, 2017
Evaluating the comparability and usefulness of disclosure of IFRS companies’ non-financial performance measures
Investigators:  L. Bayne, A. Tarca and M. Wee  

Chartered Accountants Australia and New Zealand, 2016-2017
Managerial Remuneration Contracts and “Gaming” Non-GAAP Earnings
Investigators:  M. Wee and W. Van Zyl   

Accounting and Finance Association of Australia and New Zealand Research Fund, 2016/7
Effects of Dark Pool Trading on Liquidity and Price Discovery: An Experimental Approach
Investigators:  Y. Wen with M. Wee (Mentor) 

Australian Research Council Discovery Project Grant, DP160101348
Adoption of Australian IFRS: Are IFRS "Fit for Purpose”?
Investigators:  M. Wee, A. Tarca and G. Clinch                            

KPMG Foundation/ International Association for Accounting Education and Research, 2015/6
Presentation and Disclosure of IFRS Earnings,Adjusted Earnings and Subtotals: Relevance to Market Participants and Implications for Standard Setters
Investigators:  M. Wee, G. Clinch, and A. Tarca 

Accounting and Finance Association of Australia and New Zealand Research Fund, 2015/6
Effect of Framing and Educational Instruction on Individuals’ Superannuation Decision Making
Investigators:  M. Wee 

The Association of Chartered Certified Accountants, International Association for Accounting Education and Research and the International Integrated Reporting Council, 2014
Factors Affecting Preparers’ and Auditors’ Judgments about Materiality and Conciseness in Integrated Reporting
Investigators:  M. Wee, A. Tarca, W. Aerts, L. Krug and P. Pink 

The Institute of Chartered Accountants, 2012
Title:  Segment Reporting and Management Commentary: An Evaluation of Current Practices and the Potential for Integrated Reporting
Investigators:  M. Wee and A. Tarca


Awards:

Best Paper Award (International Accounting Stream)
2017 Accounting and Finance Association of Australia and New Zealand Conference 

E. Yetton Prize - Runner Up 2015
Australian Journal of Management

Chartered Financial Analysts (CFA) Institute Research Award 2013
Financial Management Association Asian Conference
The paper titled “The Role of Algorithmic Trading in Stock Liquidity: Evidence from Tokyo Stock Exchange” was recognised for its “relevance and enduring value to investment professionals”.

SIRCA Best Paper Award, 2009
Australasian Banking and Finance Conference

Research engagement and outreach

Deputy Editor-in-chief, Accounting and Finance

Co-Director of Doctoral Symposium, Board Member, Accounting and Finance Association of Australia and New Zealand

CPA ACT division council.

 

Teaching

BUSN4007/8007 Analysis of Financial Reporting

BUSN4045/7045/8145 Corporate Governance

BUSN8111 Seminal Research in Accounting