Department of Accountancy | Staff List

Prof. ZHU Xindong (朱鑫東教授)

PhD - Accounting (The Hong Kong Polytechnic University)
MA - International Accounting and Financial Management (University of Glasgow)
BA - International Finance (Renmin University of China)

Associate Professor

Contact Information

E-mail:
Address:	13-225, Lau Ming Wai Academic Building City University of Hong Kong
Phone:	+852 34424763
Fax:	+852 34420349
xindozhu@cityu.edu.hk

Research Areas

Auditing
Financial Reporting
Corporate Governance
Accounting Regulations

Xindong (Kevin) Zhu's current research focuses on auditing, corporate disclosure, accounting regulations, and executive compensation etc. His work has been published in Journal of Accounting and Economics, Contemporary Accounting Research, Review of Accounting Studies, Journal of International Business studies, and Accounting Horizons, etc.

Professional Qualifications

Qualification	Certifying Organization
ACCA Affiliate	The Association of Chartered Certified Accountants

Teaching Areas

Accounting Information System
Taxation
Financial Accounting
Corporate Governance
Risk Management
Artificial Intelligence Accounting

Research Grant

PI: "PCAOB inspections and trade credit: International evidence", General Research Fund (GRF) - Research Grants Council (RGC) , Amount: $221,993 (2022-2024) , Dr. Xindong Zhu, Dr. Li Li
PI: "The Role of Auditors' Judgment-related Traits on Audit Quality: Analysis combining Survey Data with Archival Information on Individual Auditor Characteristics in China", General Research Fund (GRF) - Research Grants Council (RGC) , Amount: $331,193 (2015-2018) , Dr. Xindong Zhu, Dr. Simon Fung, and Prof. Ferdinand A. Gul
PI: "Big 4 Auditor Independence and Audit market Concentration", Start-up Grant - City University of Hong Kong , Amount: $200,000 (2012-2014) , Dr Xindong Zhu

Publications

Journal Publications and Reviews
Liu, Yiye; Yu, Yangxin; Zhu, Xindong (Kevin) / PCAOB International Inspections and the Market Value of Cash Holdings. March 2024; In: Journal of International Accounting Research. Vol. 23, No. 1, pp. 169–198 HE, Chang; SU, Lixin (Nancy); WANG, Zheng; ZHU, Xindong (Kevin) / The Spillover of U.S. Regulatory Oversight to Foreign Markets: Evidence from the Effect of PCAOB International Inspections on Executive Compensations. September 2023; In: European Accounting Review. Yang, Donghe; Su, Zihao; Zhu, Xindong Kevin / International takeover laws and corporate cash holdings. April 2023; In: Journal of International Financial Management and Accounting. Fung, Simon Yu Kit ; Wang, Zheng; Zhang, Liandong; Zhu, Xindong / Exogenous Loss of Analyst Coverage and Choice of Audit Quality. March 2023; In: Accounting Horizons. Vol. 37, No. 1, pp. 71-92 Hu, Gang; Liu, Yiye; Wang, Jacqueline Wenjie; Zhou, Gaoguang; Zhu, Xindong / Insider ownership and stock price crash risk around the globe. April 2022; In: Pacific-Basin Finance Journal. Vol. 72 Kim, Jeong-Bon; Liu, Yiye; Shi, Haina; Zhu, Xindong / The dark side of mandatory IFRS adoption: Does IFRS adoption deteriorate accrual reliability?. December 2021; In: International Journal of Accounting. Vol. 56, No. 4 Shi, Haina; Wen, Wen; Zhou, Gaoguang; Zhu, Xindong / Do Individual Auditors Have Their Own Styles? Evidence from Clients’ Financial Statement Comparability in China. September 2021; In: Accounting Horizons. Vol. 35, No. 3, pp. 187-215 Kim, Yongtae; Su, Lixin Nancy; Zhou, Gaoguang Stephen; Zhu, Xindong Kevin / PCAOB international inspections and Merger and Acquisition outcomes. August 2020; In: Journal of Accounting and Economics. Vol. 70, No. 1 Lai, Karen M.Y.; Saffar, Walid; Zhu, Xindong (Kevin); Liu, Yiye / Political institutions, stock market liquidity and firm dividend policy: Some international evidence. April 2020; In: Journal of Contemporary Accounting and Economics. Vol. 16, No. 1 Chen, Wanyu(Tina); Zhou, Gaoguang(Stephen); Zhu, Xindong(Kevin) / CEO tenure and corporate social responsibility performance. February 2019; In: Journal of Business Research. Vol. 95, pp. 292-302 Fung, Simon Yu Kit; Raman, K.K.; Zhu, Xindong (Kevin) / Does the PCAOB international inspection program improve audit quality for non-US-listed foreign clients?. August 2017; In: Journal of Accounting and Economics. Vol. 64, No. 1, pp. 15-36 Kim, Yongtae; Su, Lixin (Nancy); Zhu, Xindong (Kevin) / Does the cessation of quarterly earnings guidance reduce investors’ short-termism?. June 2017; In: Review of Accounting Studies. Vol. 22, No. 2, pp. 715-752 Fung, Simon Yu Kit; Zhou, Gaoguang (Stephen); Zhu, Xindong (Kevin) / Monitor objectivity with important clients: Evidence from auditor opinions around the world. April 2016; In: Journal of International Business Studies. Vol. 47, No. 3, pp. 263-294 Gul, Ferdinand A.; Zhou, Gaoguang Stephen; Zhu, Xindong Kevin / Investor protection, firm informational problems, big n auditors, and cost of debt around the world. August 2013; In: Auditing. Vol. 32, No. 3, pp. 1-30 Zhou, Gaoguang; Zhu, Xindong / Client Importance and Auditor Independence: The Effect of the Asian Financial Crisis. December 2012; In: Australian Accounting Review. Vol. 22, No. 4, pp. 371-383 Cheng, Peter; Su, Lixin Nancy; Zhu, Xindong Kevin / Managerial ownership, board monitoring and firm performance in a family-concentrated corporate environment. December 2012; In: Accounting and Finance. Vol. 52, No. 4, pp. 1061-1081 Fung, Simon Yu Kit; Su, Lixin; Zhu, Xindong / Price divergence from fundamental value and the value relevance of accounting information. September 2010; In: Contemporary Accounting Research. Vol. 27, No. 3, pp. 829-854

Journal Publications and Reviews

Liu, Yiye; Yu, Yangxin; Zhu, Xindong (Kevin) / PCAOB International Inspections and the Market Value of Cash Holdings. March 2024; In: Journal of International Accounting Research. Vol. 23, No. 1, pp. 169–198
HE, Chang; SU, Lixin (Nancy); WANG, Zheng; ZHU, Xindong (Kevin) / The Spillover of U.S. Regulatory Oversight to Foreign Markets: Evidence from the Effect of PCAOB International Inspections on Executive Compensations. September 2023; In: European Accounting Review.
Yang, Donghe; Su, Zihao; Zhu, Xindong Kevin / International takeover laws and corporate cash holdings. April 2023; In: Journal of International Financial Management and Accounting.
Fung, Simon Yu Kit ; Wang, Zheng; Zhang, Liandong; Zhu, Xindong / Exogenous Loss of Analyst Coverage and Choice of Audit Quality. March 2023; In: Accounting Horizons. Vol. 37, No. 1, pp. 71-92
Hu, Gang; Liu, Yiye; Wang, Jacqueline Wenjie; Zhou, Gaoguang; Zhu, Xindong / Insider ownership and stock price crash risk around the globe. April 2022; In: Pacific-Basin Finance Journal. Vol. 72
Kim, Jeong-Bon; Liu, Yiye; Shi, Haina; Zhu, Xindong / The dark side of mandatory IFRS adoption: Does IFRS adoption deteriorate accrual reliability?. December 2021; In: International Journal of Accounting. Vol. 56, No. 4
Shi, Haina; Wen, Wen; Zhou, Gaoguang; Zhu, Xindong / Do Individual Auditors Have Their Own Styles? Evidence from Clients’ Financial Statement Comparability in China. September 2021; In: Accounting Horizons. Vol. 35, No. 3, pp. 187-215
Kim, Yongtae; Su, Lixin Nancy; Zhou, Gaoguang Stephen; Zhu, Xindong Kevin / PCAOB international inspections and Merger and Acquisition outcomes. August 2020; In: Journal of Accounting and Economics. Vol. 70, No. 1
Lai, Karen M.Y.; Saffar, Walid; Zhu, Xindong (Kevin); Liu, Yiye / Political institutions, stock market liquidity and firm dividend policy: Some international evidence. April 2020; In: Journal of Contemporary Accounting and Economics. Vol. 16, No. 1
Chen, Wanyu(Tina); Zhou, Gaoguang(Stephen); Zhu, Xindong(Kevin) / CEO tenure and corporate social responsibility performance. February 2019; In: Journal of Business Research. Vol. 95, pp. 292-302
Fung, Simon Yu Kit; Raman, K.K.; Zhu, Xindong (Kevin) / Does the PCAOB international inspection program improve audit quality for non-US-listed foreign clients?. August 2017; In: Journal of Accounting and Economics. Vol. 64, No. 1, pp. 15-36
Kim, Yongtae; Su, Lixin (Nancy); Zhu, Xindong (Kevin) / Does the cessation of quarterly earnings guidance reduce investors’ short-termism?. June 2017; In: Review of Accounting Studies. Vol. 22, No. 2, pp. 715-752
Fung, Simon Yu Kit; Zhou, Gaoguang (Stephen); Zhu, Xindong (Kevin) / Monitor objectivity with important clients: Evidence from auditor opinions around the world. April 2016; In: Journal of International Business Studies. Vol. 47, No. 3, pp. 263-294
Gul, Ferdinand A.; Zhou, Gaoguang Stephen; Zhu, Xindong Kevin / Investor protection, firm informational problems, big n auditors, and cost of debt around the world. August 2013; In: Auditing. Vol. 32, No. 3, pp. 1-30
Zhou, Gaoguang; Zhu, Xindong / Client Importance and Auditor Independence: The Effect of the Asian Financial Crisis. December 2012; In: Australian Accounting Review. Vol. 22, No. 4, pp. 371-383
Cheng, Peter; Su, Lixin Nancy; Zhu, Xindong Kevin / Managerial ownership, board monitoring and firm performance in a family-concentrated corporate environment. December 2012; In: Accounting and Finance. Vol. 52, No. 4, pp. 1061-1081
Fung, Simon Yu Kit; Su, Lixin; Zhu, Xindong / Price divergence from fundamental value and the value relevance of accounting information. September 2010; In: Contemporary Accounting Research. Vol. 27, No. 3, pp. 829-854

Conference Papers
KIM, Eunhee; Radhakrishnan, Suresh; WANG, Zheng; ZHU, Xindong / Social Capital, Product Market Competition and Corporate Disclosure of Proprietary Information. April 2019; Seoul National University Accounting Seminar, 26/04/2019 - 26/04/2019, Seoul, Korea, Republic of. ZHU, Xindong (Kevin); Fung, Simon Yu-Kit; Gul, Ferdinand A.; Raman, K. K. / Audit Market Concentration And The Reputation Effect of PwC Global- And Country-Level Market Leadership: Some Evidence From Investor-Perceived Audit Quality. May 2013; European Accounting Association Annual Conference, 06/05/2013 - 08/05/2013, Paris, France.

Conference Papers

KIM, Eunhee; Radhakrishnan, Suresh; WANG, Zheng; ZHU, Xindong / Social Capital, Product Market Competition and Corporate Disclosure of Proprietary Information. April 2019; Seoul National University Accounting Seminar, 26/04/2019 - 26/04/2019, Seoul, Korea, Republic of.
ZHU, Xindong (Kevin); Fung, Simon Yu-Kit; Gul, Ferdinand A.; Raman, K. K. / Audit Market Concentration And The Reputation Effect of PwC Global- And Country-Level Market Leadership: Some Evidence From Investor-Perceived Audit Quality. May 2013; European Accounting Association Annual Conference, 06/05/2013 - 08/05/2013, Paris, France.