Department of Accountancy | Staff List

Prof. Sidney C M LEUNG (梁志滿教授)

PhD - Financial Accounting (University of New South Wales)
MBA - Business Adminstration (The Chinese University of Hong Kong)
Bachelor of Science (The Chinese University of Hong Kong)

Associate Head (AC)
Associate Professor

Contact Information

E-mail:
Address:	13-218, Lau Ming Wai Academic Building City University of Hong Kong
Phone:	+852 34427924
Fax:	+852 34420349
acsleung@cityu.edu.hk

Research Areas

Financial accounting
Corporate governance
Earnings management
Family Control
Analyst Forecasts

Awards

Award Title	Institution
British Accounting and Finance Association Prize for 2015 for the most outstanding paper published in The British Accounting Review during 2015	British Accounting and Finance Association
Best Paper Award	2012 Journal of Contemporary Accounting and Economics Symposium at Kuala Lumpur, Malaysia.
Best Paper Award in Corporate Governance	2006 Annual Conference of the Accounting and Finance Association of Australia and New Zealand

Publications

Journal Publications and Reviews
Chen, Tao; Leung, Sidney; Xie, Lingmin / Does credit rating conservatism matter for corporate tax avoidance?. December 2021; In: Accounting and Finance. Vol. 61, No. 4, pp. 5681-5730 Suhardianto, Novrys; Leung, Sidney C. M. / Workload stress and conservatism: An audit perspective. July 2020; In: Cogent Business and Management. Vol. 7, No. 1 Cui, Huijie; Leung, Sidney Chi-Moon / The long-run performance of acquiring firms in mergers and acquisitions: Does managerial ability matter?. April 2020; In: Journal of Contemporary Accounting and Economics. Vol. 16, No. 1 Leung, Sidney; Mo, Phyllis; Ling, Howard; Chandra, Yanto; Ho, So Sum / Enhancing the competitiveness and sustainability of social enterprises in Hong Kong: A three-dimensional analysis. June 2019; In: China Journal of Accounting Research. Vol. 12, No. 2, pp. 157-176 Leung, Sidney C.M.; Richardson, Grant; Taylor, Grantley / The effect of the general anti-avoidance rule on corporate tax avoidance in China. April 2019; In: Journal of Contemporary Accounting and Economics. Vol. 15, No. 1, pp. 105-117 Cui, Huijie; Leung, Sidney C M / Firms’ Managerial Ability as a Driving Force for Engaging in Mergers and Acquisitions. July 2017; In: Journal of Business and Policy Research. Vol. 12, No. 1, pp. 1-18 Leung, Sidney; Parker, Lee; Courtis, John / Impression management through minimal narrative disclosure in annual reports. September 2015; In: British Accounting Review. Vol. 47, No. 3, pp. 275-289 Duh, Rong-Ruey; Hsu, Audrey Wen-Hsin; Leung, Sidney / Earnings Management and Government Restrictions on Outward Foreign Direct Investment: evidence from Taiwanese firms. January 2015; In: Review of Quantitative Finance and Accounting. Vol. 44, No. 1, pp. 41–67 Leung, Sidney; Richardson, Grant; Jaggi, Bikki / Corporate board and board committee independence, firm performance, and family ownership concentration: An analysis based on Hong Kong firms. April 2014; In: Journal of Contemporary Accounting and Economics. Vol. 10, No. 1, pp. 16-31 Richardson, Grant; Lanis, Roman; Leung, Sidney Chi-Moon / Corporate tax aggressiveness, outside directors, and debt policy: An empirical analysis. April 2014; In: Journal of Corporate Finance. Vol. 25, pp. 107-121 Kang, Helen; Leung, Sidney; Morris, Richard D.; Gray, Sidney J. / Corporate governance and earnings management: An Australian perspective. 2013; In: Corporate Ownership and Control. Vol. 10, No. 3 A, pp. 95-113 Leung, Sidney; Srinidhi, Bin; Lobo, Gerald / Family control and idiosyncratic volatility: Evidence from listed firms in Hong Kong. June 2012; In: Journal of Contemporary Accounting and Economics. Vol. 8, No. 1, pp. 39-52 Hu, Fang; Leung, Sidney C.M. / Reply to the Discussion on "Top management turnover, firm performance and government control: Evidence from China's listed state-owned enterprises". June 2012; In: The International Journal of Accounting. Vol. 47, No. 2, pp. 267-269 Hu, Fang; Leung, Sidney C.M. / Top management turnover, firm performance and government control: Evidence from China's listed state-owned enterprises. June 2012; In: The International Journal of Accounting. Vol. 47, No. 2, pp. 235-262 Ying, Chen; Leung, Sidney / Director ownership, outside directors and commitment to corporate social responsibility. 2011; In: Corporate Board: Role, Duties and Composition. Vol. 7, No. 1, pp. 66-78 Richardson, Grant; Leung, Sidney / Family ownership control and earnings management: Evidence from Hong Kong firms. 2011; In: Corporate Ownership and Control. Vol. 8, No. 4 A, pp. 96-111 Leung, Sidney; Horwitz, Bertrand / Corporate governance and firm value during a financial crisis. May 2010; In: Review of Quantitative Finance and Accounting. Vol. 34, No. 4, pp. 459-481 Leung, Sidney; Wang, Ran / Family control, audit committees and audit fees. 2010; In: Corporate Ownership and Control. Vol. 7, No. 3 A, pp. 73-85 Srinidhi, Bin; Leung, Sidney; Jaggi, Bikki / Differential effects of regulation FD on short- and long-term analyst forecasts. September 2009; In: Journal of Accounting and Public Policy. Vol. 28, No. 5, pp. 401-418 Jaggi, Bikki; Leung, Sidney; Gul, Ferdinand / Family control, board independence and earnings management: Evidence based on Hong Kong firms. July 2009; In: Journal of Accounting and Public Policy. Vol. 28, No. 4, pp. 281-300 Hutchinson, Marion R; LEUNG, Sidney / An Investigation of Factors Influencing the Association between Top Management Ownership and Earnings Management. December 2007; In: Journal of Contemporary Accounting and Economics. Vol. 3, No. 2, pp. 130 - 153 Jaggi, Bikki; Leung, Sidney / Impact of family dominance on monitoring of earnings management by audit committees: Evidence from Hong Kong. 2007; In: Journal of International Accounting, Auditing and Taxation. Vol. 16, No. 1, pp. 27-50 Leung, Sidney; Srinidhi, Bin / The effect of the private securities litigation reform act on analyst forecast properties: The impact of firm size and growth opportunities. June 2006; In: Journal of Business Finance and Accounting. Vol. 33, No. 5-6, pp. 767-792 Gul, Ferdinand A.; Leung, Sidney / Board leadership, outside directors' expertise and voluntary corporate disclosures. September 2004; In: Journal of Accounting and Public Policy. Vol. 23, No. 5, pp. 351-379 Leung, Sidney; Horwitz, Bertrand / Director ownership and voluntary segment disclosure: Hong Kong evidence. 2004; In: Journal of International Financial Management and Accounting. Vol. 15, No. 3, pp. 235-260 Jaggi, Bikki; Leung, Sidney / Choice of accounting method for valuation of investment securities: Evidence from Hong Kong Firms. 2003; In: Journal of International Financial Management and Accounting. Vol. 14, No. 2, pp. 115-145 Leung, Sidney; Zhao, Ronald / Economic Consequences of the Cancellation of Inner Reserves for Hong Kong Banks. 2001; In: Review of Quantitative Finance and Accounting. Vol. 17, No. 1, pp. 45-62

Journal Publications and Reviews

Chen, Tao; Leung, Sidney; Xie, Lingmin / Does credit rating conservatism matter for corporate tax avoidance?. December 2021; In: Accounting and Finance. Vol. 61, No. 4, pp. 5681-5730
Suhardianto, Novrys; Leung, Sidney C. M. / Workload stress and conservatism: An audit perspective. July 2020; In: Cogent Business and Management. Vol. 7, No. 1
Cui, Huijie; Leung, Sidney Chi-Moon / The long-run performance of acquiring firms in mergers and acquisitions: Does managerial ability matter?. April 2020; In: Journal of Contemporary Accounting and Economics. Vol. 16, No. 1
Leung, Sidney; Mo, Phyllis; Ling, Howard; Chandra, Yanto; Ho, So Sum / Enhancing the competitiveness and sustainability of social enterprises in Hong Kong: A three-dimensional analysis. June 2019; In: China Journal of Accounting Research. Vol. 12, No. 2, pp. 157-176
Leung, Sidney C.M.; Richardson, Grant; Taylor, Grantley / The effect of the general anti-avoidance rule on corporate tax avoidance in China. April 2019; In: Journal of Contemporary Accounting and Economics. Vol. 15, No. 1, pp. 105-117
Cui, Huijie; Leung, Sidney C M / Firms’ Managerial Ability as a Driving Force for Engaging in Mergers and Acquisitions. July 2017; In: Journal of Business and Policy Research. Vol. 12, No. 1, pp. 1-18
Leung, Sidney; Parker, Lee; Courtis, John / Impression management through minimal narrative disclosure in annual reports. September 2015; In: British Accounting Review. Vol. 47, No. 3, pp. 275-289
Duh, Rong-Ruey; Hsu, Audrey Wen-Hsin; Leung, Sidney / Earnings Management and Government Restrictions on Outward Foreign Direct Investment: evidence from Taiwanese firms. January 2015; In: Review of Quantitative Finance and Accounting. Vol. 44, No. 1, pp. 41–67
Leung, Sidney; Richardson, Grant; Jaggi, Bikki / Corporate board and board committee independence, firm performance, and family ownership concentration: An analysis based on Hong Kong firms. April 2014; In: Journal of Contemporary Accounting and Economics. Vol. 10, No. 1, pp. 16-31
Richardson, Grant; Lanis, Roman; Leung, Sidney Chi-Moon / Corporate tax aggressiveness, outside directors, and debt policy: An empirical analysis. April 2014; In: Journal of Corporate Finance. Vol. 25, pp. 107-121
Kang, Helen; Leung, Sidney; Morris, Richard D.; Gray, Sidney J. / Corporate governance and earnings management: An Australian perspective. 2013; In: Corporate Ownership and Control. Vol. 10, No. 3 A, pp. 95-113
Leung, Sidney; Srinidhi, Bin; Lobo, Gerald / Family control and idiosyncratic volatility: Evidence from listed firms in Hong Kong. June 2012; In: Journal of Contemporary Accounting and Economics. Vol. 8, No. 1, pp. 39-52
Hu, Fang; Leung, Sidney C.M. / Reply to the Discussion on "Top management turnover, firm performance and government control: Evidence from China's listed state-owned enterprises". June 2012; In: The International Journal of Accounting. Vol. 47, No. 2, pp. 267-269
Hu, Fang; Leung, Sidney C.M. / Top management turnover, firm performance and government control: Evidence from China's listed state-owned enterprises. June 2012; In: The International Journal of Accounting. Vol. 47, No. 2, pp. 235-262
Ying, Chen; Leung, Sidney / Director ownership, outside directors and commitment to corporate social responsibility. 2011; In: Corporate Board: Role, Duties and Composition. Vol. 7, No. 1, pp. 66-78
Richardson, Grant; Leung, Sidney / Family ownership control and earnings management: Evidence from Hong Kong firms. 2011; In: Corporate Ownership and Control. Vol. 8, No. 4 A, pp. 96-111
Leung, Sidney; Horwitz, Bertrand / Corporate governance and firm value during a financial crisis. May 2010; In: Review of Quantitative Finance and Accounting. Vol. 34, No. 4, pp. 459-481
Leung, Sidney; Wang, Ran / Family control, audit committees and audit fees. 2010; In: Corporate Ownership and Control. Vol. 7, No. 3 A, pp. 73-85
Srinidhi, Bin; Leung, Sidney; Jaggi, Bikki / Differential effects of regulation FD on short- and long-term analyst forecasts. September 2009; In: Journal of Accounting and Public Policy. Vol. 28, No. 5, pp. 401-418
Jaggi, Bikki; Leung, Sidney; Gul, Ferdinand / Family control, board independence and earnings management: Evidence based on Hong Kong firms. July 2009; In: Journal of Accounting and Public Policy. Vol. 28, No. 4, pp. 281-300
Hutchinson, Marion R; LEUNG, Sidney / An Investigation of Factors Influencing the Association between Top Management Ownership and Earnings Management. December 2007; In: Journal of Contemporary Accounting and Economics. Vol. 3, No. 2, pp. 130 - 153
Jaggi, Bikki; Leung, Sidney / Impact of family dominance on monitoring of earnings management by audit committees: Evidence from Hong Kong. 2007; In: Journal of International Accounting, Auditing and Taxation. Vol. 16, No. 1, pp. 27-50
Leung, Sidney; Srinidhi, Bin / The effect of the private securities litigation reform act on analyst forecast properties: The impact of firm size and growth opportunities. June 2006; In: Journal of Business Finance and Accounting. Vol. 33, No. 5-6, pp. 767-792
Gul, Ferdinand A.; Leung, Sidney / Board leadership, outside directors' expertise and voluntary corporate disclosures. September 2004; In: Journal of Accounting and Public Policy. Vol. 23, No. 5, pp. 351-379
Leung, Sidney; Horwitz, Bertrand / Director ownership and voluntary segment disclosure: Hong Kong evidence. 2004; In: Journal of International Financial Management and Accounting. Vol. 15, No. 3, pp. 235-260
Jaggi, Bikki; Leung, Sidney / Choice of accounting method for valuation of investment securities: Evidence from Hong Kong Firms. 2003; In: Journal of International Financial Management and Accounting. Vol. 14, No. 2, pp. 115-145
Leung, Sidney; Zhao, Ronald / Economic Consequences of the Cancellation of Inner Reserves for Hong Kong Banks. 2001; In: Review of Quantitative Finance and Accounting. Vol. 17, No. 1, pp. 45-62

Conference Papers
CUI, Huijie; LEUNG, Sidney C M / The Effect of Acquiring Firms' Managerial Ability on M&A Activities. October 2016; 38th International Business Research Conference, 21/11/2016 - 23/11/2016, Sydney, Australia. LEUNG, Sidney C M; CLINCH, Greg / The Effect of IFRS Adoption on Accounting Quality and Market Liquidity: The Impact of Family Control. April 2014; 2014 Financial Markets and Corporate Governance Conference, 23/04/2014 - 24/04/2014, , Australia. HU, Fang; LEUNG, S C M / Top Management Turnover, Firm Performance and Government Control: Evidence from China’s Listed State-Owned Enterprises. June 2010; Illinois International Accounting Symposium 2010, 21/06/2010 - 23/06/2010, , Taiwan. HU, Fang; LEUNG, S C M / Appointment of Political Top Executives and Subsequent Performance and Corporate Governance: Evidence from China’s Listed SOEs. August 2009; 2009 Annual Meeting and Conference on Teaching and Learning in Accounting, 01/08/2009 - 05/08/2009, New York, United States. BIN, Srinidhi; LEUNG, Sidney; GUL, Ferdinand A / Auditor Tenure and Audit Quality: Effect of Client-Specific Knowledge. July 2008; AFAANZ 2008 Annual Conference, 06/07/2008 - 08/07/2008, Sydney, Australia.

Conference Papers

CUI, Huijie; LEUNG, Sidney C M / The Effect of Acquiring Firms' Managerial Ability on M&A Activities. October 2016; 38th International Business Research Conference, 21/11/2016 - 23/11/2016, Sydney, Australia.
LEUNG, Sidney C M; CLINCH, Greg / The Effect of IFRS Adoption on Accounting Quality and Market Liquidity: The Impact of Family Control. April 2014; 2014 Financial Markets and Corporate Governance Conference, 23/04/2014 - 24/04/2014, , Australia.
HU, Fang; LEUNG, S C M / Top Management Turnover, Firm Performance and Government Control: Evidence from China’s Listed State-Owned Enterprises. June 2010; Illinois International Accounting Symposium 2010, 21/06/2010 - 23/06/2010, , Taiwan.
HU, Fang; LEUNG, S C M / Appointment of Political Top Executives and Subsequent Performance and Corporate Governance: Evidence from China’s Listed SOEs. August 2009; 2009 Annual Meeting and Conference on Teaching and Learning in Accounting, 01/08/2009 - 05/08/2009, New York, United States.
BIN, Srinidhi; LEUNG, Sidney; GUL, Ferdinand A / Auditor Tenure and Audit Quality: Effect of Client-Specific Knowledge. July 2008; AFAANZ 2008 Annual Conference, 06/07/2008 - 08/07/2008, Sydney, Australia.

Chapters, Conference Papers, Creative and Literary Works
Leung, Sidney / Voluntary disclosure of strategic operating information and the accuracy of analysts’ earnings forecasts. January 2005; Advances In Quantitative Analysis Of Finance And Accounting - New Series (Vol. 2). pp. 73-88 Leung, Sidney / Voluntary disclosure of strategic operating information and the accuracy of analysts’ earnings forecasts. January 2004; Advances In Quantitative Analysis Of Finance And Accounting - New Series. pp. 73-88

Chapters, Conference Papers, Creative and Literary Works

Leung, Sidney / Voluntary disclosure of strategic operating information and the accuracy of analysts’ earnings forecasts. January 2005; Advances In Quantitative Analysis Of Finance And Accounting - New Series (Vol. 2). pp. 73-88
Leung, Sidney / Voluntary disclosure of strategic operating information and the accuracy of analysts’ earnings forecasts. January 2004; Advances In Quantitative Analysis Of Finance And Accounting - New Series. pp. 73-88