Curriculum Vita Mingyi Hung The Hong Kong University of Science and Technology University of Southern California Email: [email protected]
; [email protected]
______________________________________________________________________________ Academic Appointments 2012-present Professor, The Hong Kong University of Science and Technology (on leave from University of Southern California) 2009-2012
Arthur Andersen & Co. Alumni Associate Professor, University of Southern California
2007-present Associate Professor, University of Southern California 2006-2007
Associate Professor, The Chinese University of Hong Kong (on leave from University of Southern California)
Assistant Professor, University of Southern California
Lecturer, Massachusetts Institute of Technology
Massachusetts Institute of Technology Ph.D., Accounting
Chiao Tung University, Taiwan B.S.M., Management Science. Minor in Computer Science and Information Engineering
Grants, Awards and Honors Best Paper Award, European Accounting Association annual meeting, 2008. Best Paper Prize, Journal of Accounting & Economics, 2007 Faculty Teaching Award, The Chinese University of Hong Kong, 2007. MBA Golden Apple Teaching Award, University of Southern California, 2006. Gamma Sigma Alpha Professor of the Year, University of Southern California, 2003. The Hong Kong University Grant Commission General Research Fund (awarded $464,800 HK dollar, with T.J. Wong), 2009. The Hong Kong University Grant Commission Earmarked Research Grant (awarded $390,000 HK dollar, with T.J. Wong and Tianyu Zhang), 2007. USC U.S. – China Institute Faculty Research Grant (awarded $4,000, with T.J. Wong and Tianyu Zhang), 2007. The Chinese University of Hong Kong RGC Research Grant (awarded $30,000 HK dollar, with K.R. Subramanyam), 2006. USC CIBEAR Grants, PRIME Hong Kong/Shenzhen/Dongguan trip faculty observer, 2007; EMBA China trip faculty observer, 2002; PRIME Tokyo trip faculty observer, 2000. The Chinese University of Hong Kong Center for Institutions and Governance Research Fellow, 2007present. 1
Curriculum Vita (continued) Mingyi Hung Publications “Has the widespread adoption of IFRS reduced US firms’ attractiveness to foreign investors?” with Mark DeFond, Xuesong Hu, and Siqi Li. 2012. Journal of International Accounting Research 11, 27-55. “Political considerations in the decision of Chinese SOEs to list in Hong Kong” with T.J. Wong and Tianyu Zhang. 2012. Journal of Accounting & Economics 53, 435-449. Recipient of ERIM best paper award in corporate governance at the 31th Annual Congress of the European Accounting Association (April 2008) “Corporate governance in the recent financial crisis: Evidence from financial institutions worldwide” with David Erkens and Pedro Matos. 2012. Journal of Corporate Finance 18, 289-411. Featured in the Economist magazine (October 30, 2010), Financial Times (December 20, 2010), American Accounting Association press release (2010), Boardmember.com, CFO.com, The Center for the Study of Financial Regulation newsletter (University of Notre Dame, Spring 2011) “The impact of mandatory IFRS adoption on foreign mutual fund ownership: The role of comparability” with Mark DeFond, Xuesong Hu, and Siqi Li. 2011. Journal of Accounting & Economics 51, 240-258. “Was the Sarbanes-Oxley Act good news for corporate bond holders?” with Mark DeFond, Emre Karaoglu (Emre Carr), and Jieying Zhang. 2011. Accounting Horizons 25, 465-485. “Home bias, foreign mutual fund holdings, and the voluntary adoption of International Accounting Standards” with Vicentiu Covrig and Mark DeFond. 2007. Journal of Accounting Research 45, 41-70. “Investor protection and analysts’ cash flow forecasts around the world” with Mark DeFond. 2007. Review of Accounting Studies 12, 377-419. “Investor protection and the information content of annual earnings announcements: International evidence” with Mark DeFond and Robert Trezevant. 2007. Journal of Accounting & Economics 43, 37-67. Recipient of Best Paper Prize, 2007, Journal of Accounting & Economics, for most innovative paper in the Journal of Accounting & Economics in 2007 that is likely to have the most impact on the profession. “Financial statement effects of adopting International Accounting Standards: The case of Germany” with K.R. Subramanyam. 2007. Review of Accounting Studies 12, 623-657. “Investor protection and corporate governance: Evidence from worldwide CEO turnover” with Mark DeFond. 2004. Journal of Accounting Research 42, 269-312.
Curriculum Vita (continued) Mingyi Hung “An empirical analysis of analysts’ cash flow forecasts” with Mark DeFond. 2003. Journal of Accounting & Economics 35, 73-100. “Information and trading risks in global investing: An empirical analysis of research location and Pacific mutual fund performance.” 2001. Journal of International Financial Management and Accounting 12, 1-23. “Accounting standards and value relevance of earnings: An international analysis” 2000. Journal of Accounting & Economics 30, 401-420. Working Papers “The impact of mandatory IFRS adoption on IPOs in global capital markets” with Hyun Hong and Gerald Lobo. 2013 (conditionally accepted at The Accounting Review). “Does mandatory IFRS adoption affect crash risk?” with Mark DeFond, Siqi Li, and Yinghua Li. 2013. “The value of political ties and market credibility: Evidence from corporate scandals in China” with T.J. Wong and Fang Zhang. 2013. Featured in the Economist magazine (August 20, 2011). “The use of debt covenants worldwide: Institutional determinants and implications on financial reporting” with Hyun Hong and Jieying Zhang. 2013. “Post-earnings-announcement drift in global markets: Evidence from a disclosure shock” with Xi Li and Shiheng Wang. 2013. “The effect of mandatory CSR disclosure on information asymmetry: Evidence from a quasinatural experiment in China” with Jing Shi and Yongxiang Wang. 2012. Research Presentations National Taiwan University (November 2013) Asian Finance Association conference (July 2013) Symposium on China’s Financial Markets (July 2013) Nanyang Technological University (November 2012) The Chinese University of Hong Kong Inaugural Conference on China Institutions, Governance and Accounting (July 2012) Santa Clara University (November 2010) University of California-Irvine (June 2009) AAA Annual Convention (August 2008) The Chinese University of Hong Kong Conference on Contemporary Issues of Firms and Institutions (December 2007) City University of Hong Kong (October 2007) National University of Singapore (October 2007) The Chinese University of Hong Kong (September 2007) 3
Curriculum Vita (continued) Mingyi Hung Hong Kong University of Science and Technology (April 2007) London Business School (January 2007) RAST conference/INSEAD (September 2006) AAA Annual Convention (August 2006) University of Iowa (April 2006) The Chinese University of Hong Kong (February 2006) Ohio State University (January 2005) Dartmouth College (March 2004) UCLA (March 2004) Northwestern University (February 2004) University of Virginia Law School (February 2004) Duke University (January 2004) University of Notre Dame (December 2003) University of Oregon (December 2003) AAA Annual Convention (August 2003) University of Southern California (August 2003) JAR Conference/University of Chicago (May 2003) University of Washington (February 2003) MIT (December 2002) Penn State (November 2002) University of Southern California (November 2002) Asian-Pacific Conference (November 2002) AAA Annual Convention (August 2002) National Taiwan University (May 2002) National Chengchi University (May 2002) University of Southern California Faculty Research Retreat (December 2001) University of California-Irvine (November 2001) AAA Annual Convention (August 2000) Bank of Japan (May 2000) Waseda University (May 2000) University of Southern California Faculty Research Retreat (February 2000) Other Invited Presentations UQ Business School Accounting and Finance Research Forum (2013), keynote speaker CAPANA Research Conference (2013), discussant Asian Finance Association conference (2013), discussant HKUST Accounting Research Symposium (2012), discussant AAA Annual Convention (2010), panelist AAA Mid-Year Auditing Conference (2006), discussant Annual Conference of Chinese Accounting Professors Association (2002), discussant National Taiwan University International Conference on Finance (2002), discussant AAA Annual Convention (2001), discussant AAA Annual Convention (2000), discussant
Curriculum Vita (continued) Mingyi Hung Professional Service The Accounting Review, Editorial Board, 2013-present. Journal of International Business Studies, Editorial Board, 2012-present. Ad hoc reviewer for Journal of Accounting and Economics; Journal of Accounting Research; The Accounting Review; Management Science; Review of Accounting Studies; Journal of Corporate Finance; Journal of Financial and Quantitative Analysis; Contemporary Accounting Research; Journal of Banking and Finance; Journal of International Accounting Research; Accounting, Organization, and Society; Accounting Horizons; European Accounting Review; Journal of International Financial Management and Accounting; The International Journal of Accounting; Issues in Accounting Education; Journal of Accounting, Auditing and Finance; Journal of Accounting and Public Policy; Journal of International Business Studies; PacificBasin Finance Journal Other Review Activities AAA Mid-Year International Accounting Section, 2002, 2003, 2006. AAA Financial Accounting and Reporting Section, 2002, 2004. AAA Western Regional Meeting, 2001. China Research Conference, 2006, Group discussion leader. PAC-10 Doctoral Consortium, 2005, Presenter, panel discussant and group discussion leader. Taiwan National Science Council, 2003, Reviewer for academic journal rankings. Hong Kong Research Grants Council, 2003, 2004, 2010, 2011. Reviewer. Israel Science Foundation. 2012. Reviewer. Professional Committee MIT Asia Conference in Accounting, program committee, 2014. AAA International Section, research committee, 2013 AAA Outstanding International Accounting Dissertation Award Committee, 2003. Media Coverage The Economist, Financial Times, CFO.com, Boardmember.com, American Accounting Association (AAA) press release, Financial Accounting Standards Research Initiative (FASRI) University Service Related to Ph.D. Program PhD/MPhil committee, The Hong Kong University of Science and Technology, 2012-2013. Director of Ph.D. program, USC Leventhal School of Accounting, 2008-2012. Ph.D. dissertation committee: Siqi Li (Accounting, co-chair), winner of 2007 CIBER PHD dissertation grant. Hyun A Hong (Accounting, co-chair), winner of 2009 CIBER PHD dissertation grant.
Curriculum Vita (continued) Mingyi Hung Other University Service The Hong Kong University of Science and Technology Departmental Substantiation and Promotion Committee (Chair), 2013. School Appointment & Substantiation Committee, 2013. MBA Committee, 2013. Search and Appointment Committee (Chair), Accounting department, 2013. Executive/Resources/Planning Committee, Accounting department, 2012, 2013. Research Equipment Committee, School of Business, 2012. USC Marshall School of Business LSOA Dean Search Committee, 2010-2011. 4thyear Review Committee (FBE), 2008, 2013. Graduate Instruction Committee, 2004. USC Leventhal School of Accounting Recruiting Committee, 2009-2011. 4thyear Review Committee, 2010. Director of PhD Program, 2009-2012. Master Program Curriculum Committee, 2008. Annual Performance Review Committee, 2003, 2008. Research Forum coordinator, 2001. Web Task Force Committee, 1999. Teaching The Hong Kong University of Science and Technology Empirical Financial Accounting Research (PhD) Accounting Foundations (MBA, MScFA/IM) University of Southern California Selected Topics in Accounting Research (PhD) Accounting in Global Business Environment (MAcc) Accounting Concepts and Financial Reporting (MBA) Accounting for Non-Business Majors (undergraduate) Core Concepts of Accounting Information (undergraduate) The Chinese University of Hong Kong Corporate Financial Reporting (MBA) Research Methodology in Accounting (PhD) Massachusetts Institute of Technology Introductory Financial and Managerial Accounting (undergraduate)