People and Research People

People Details

Prof. CHEN Yangyang

陳暘暘教授

Head (AC)
Professor

Address
13-202, Lau Ming Wai Academic Building, City University of Hong Kong
Phone
+852 34428725
Fax
+852 34420349
Public CV

Research Areas

Corporate finance
Corporate disclosure
Auditing

Qualifications

PhD - Finance (University of Melbourne)
Master - Finance (University of Melbourne)
Master - Accounting (University of Melbourne)
Bachelor - Economics (Beijing Technology and Business University)

Biography

Yangyang Chen joined City University of Hong Kong in 2019. He received his PhD from University of Melbourne and worked at Hong Kong Polytechnic University and Monash University before joining. His research interests are in corporate finance and financial accounting, including management compensation, corporate innovation, audit quality and pricing, earnings management, corporate disclosure, and so on. His works have been published in The Accounting Review, Journal of Accounting Research, Journal of Financial Economics, Management Science, Journal of Financial and Quantitative AnalysisContemporary Accounting Research, Review of Accounting Studies etc.

Teaching Areas

Corporate finance

Management accounting

Financial accounting

Selected Publications

Journal Publications and Reviews

Chen, Yangyang; Saffar, Walid; Shan, Chenyu; Wang, Sarah Qian / Credit default swaps and corporate debt structure. December 2023; In: Journal of Corporate Finance. Vol. 83

Chen, Yangyang; Duong, Huu Nhan; Goyal, Abhinav; Veeraraghavan, Madhu / Social capital and the pricing of initial public offerings. December 2023; In: Journal of Empirical Finance. Vol. 74

Chen, Yangyang; Ofosu, Emmanuel; Veeraraghavan, Madhu; Zolotoy, Leon / Does CEO Overconfidence Affect Workplace Safety?. October 2023; In: Journal of Corporate Finance. Vol. 82

Chen, Yangyang; Ng, Jeffrey ; Ofosu, Emmanuel; Yang, Xin / Tick Size and Earnings Guidance in Small-Cap Firms: Evidence from the SEC’s Tick Size Pilot Program. September 2023; In: Management Science.

Chen, Yangyang; Chui, Andy C.W.; Goyal, Abhinav; Veeraraghavan, Madhu / Societal secrecy and IPO underpricing. October 2022; In: Journal of Corporate Finance. Vol. 76

Chen, Yangyang; Goyal, Abhinav; Zolotoy, Leon / Global Board Reforms and the Pricing of IPOs. September 2022; In: Journal of Financial and Quantitative Analysis. Vol. 57, No. 6, pp. 2412-2443

Chen, Yangyang; Hu, Gang; Yao, Jun; Zhao, Jingran / Customer Concentration and Managerial Bad News Withholding. June 2022; In: Journal of Accounting Auditing and Finance.

Chen, Yangyang; Huang, Jun; Li, Ting; Pittman, Jeffrey / It's a Small World: The Importance of Social Connections with Auditors to Mutual Fund Managers’ Portfolio Decisions. June 2022; In: Journal of Accounting Research. Vol. 60, No. 3, pp. 901-963

Chen, Chen; Chen, Yangyang; Pittman, Jeffrey A.; Podolski, Edward J.; Veeraraghavan, Madhu / Emotions and managerial judgement: Evidence from sunshine exposure. May 2022; In: The Accounting Review. Vol. 97, No. 3, pp. 179-203

Luo, Yue; Chen, Yangyang; Lin, Ji-Chai / Does air quality affect inventor productivity? Evidence from the NOx budget program. April 2022; In: Journal of Corporate Finance. Vol. 73

Chen, Yangyang; Hasan, Iftekhar; Saffar, Walid; Zolotoy, Leon / Executive Equity Risk-Taking Incentives and Firms’ Choice of Debt Structure. December 2021; In: Journal of Banking and Finance. Vol. 133

CHEN, Yangyang; NG, Jeffrey; YANG, Xin / Talk Less, Learn More: Strategic Disclosure in Response to Managerial Learning from the Options Market. December 2021; In: Journal of Accounting Research. Vol. 59, No. 5, pp. 1609-1649

Chen, Yangyang; Li, Qingyuan; Ng, Jeffrey; Wang, Chong / Corporate financing of investment opportunities in a world of institutional cross-ownership. August 2021; In: Journal of Corporate Finance. Vol. 69

Chen, Yangyang; Fan, Qingliang; Yang, Xin; Zolotoy, Leon / CEO early-life disaster experience and stock price crash risk. June 2021; In: Journal of Corporate Finance. Vol. 68

Chen, Yangyang; Saffar, Walid; Srinidhi, Bin / Does audit quality affect firms' debt structure?. March 2021; In: China accounting and finance review. Vol. 23, No. 1, pp. 34-69

Chen, Yangyang; Cheng, C. S. Agnes; Li, Shuo; Zhao, Jingran / The monitoring role of the media: Evidence from earnings management. March 2021; In: Journal of Business Finance and Accounting. Vol. 48, No. 3-4, pp. 533-563

Chen, Yangyang; Goyal, Abhinav; Veeraraghavan, Madhu; Zolotoy, Leon / Terrorist attacks, investor sentiment, and the pricing of initial public offerings. December 2020; In: Journal of Corporate Finance. Vol. 65

Chen, Yangyang; Goyal, Abhinav; Veeraraghavan, Madhu; Zolotoy, Leon / Media Coverage and IPO Pricing Around the World. August 2020; In: Journal of Financial and Quantitative Analysis. Vol. 55, No. 5, pp. 1515-1553

Chang, Xin; Chen, Yangyang; Wang, Sarah Qian; Zhang, Kuo ; Zhang, Wenrui / Credit default swaps and corporate innovation. November 2019; In: Journal of Financial Economics. Vol. 134, No. 2, pp. 474-500

Chen, Yangyang; Hu, Gang; Yu, Danlei Bonnie ; Zhao, Jingran / Catastrophic risk and institutional investors: Evidence from institutional trading around 9/11. September 2019; In: Pacific Basin Finance Journal. Vol. 56, pp. 211-233

Zolotoy, Leon; O'Sullivan, Don; Chen, Yangyang / Local religious norms, corporate social responsibility, and firm value. March 2019; In: Journal of Banking and Finance. Vol. 100, pp. 218-233

Chen, Yangyang; Ge, Rui; Louis , Henock ; Zolotoy, Leon / Stock liquidity and corporate tax avoidance. March 2019; In: Review of Accounting Studies. Vol. 24, No. 1, pp. 309-340

Chen, Yangyang; Ge, Rui; Zolotoy, Leon / Do corporate pension plans affect audit pricing?. December 2017; In: Journal of Contemporary Accounting and Economics. Vol. 13, No. 3, pp. 322-337

Chang, Xin; Chen, Yangyang; Zolotoy, Leon / Stock liquidity and stock price crash risk. August 2017; In: Journal of Financial and Quantitative Analysis. Vol. 52, No. 4, pp. 1605-1637

Chen, Yangyang; Podolski, Edward J.; Veeraraghavan, Madhu / National culture and corporate innovation. June 2017; In: Pacific-Basin Finance Journal. Vol. 43, pp. 173-187

Chen, Yangyang; Sadique, Shibley ; Srinidhi , Bin; Veeraraghavan, Madhu / Does high-quality auditing mitigate or encourage private information collection?. May 2017; In: Contemporary Accounting Research. Vol. 34, No. 3, pp. 1622-1648

Chen, Yangyang; Knechel, W. Robert ; Marisetty, Vijaya B ; Truong, Cameron ; Veeraraghavan, Madhu / Board Independence and Internal Control Weakness: Evidence from SOX 404 Disclosures. May 2017; In: Auditing: A Journal of Practice & Theory. Vol. 36, No. 2, pp. 45-62

Chen, Yangyang; Podolski, Edward J.; Rhee, S. Ghon ; Veeraraghavan, Madhu / Do progressive social norms affect economic outcomes? Evidence from corporate takeovers. March 2017; In: Journal of Empirical Finance. Vol. 41, pp. 76-95

Chen, Yangyang; Murgulov, Zoltan ; Rhee, S. Ghon ; Veeraraghavan, Madhu / Religious beliefs and local government financing, investment, and cash holding decisions. September 2016; In: Journal of Empirical Finance. Vol. 38, No. Part A, pp. 258-271

Chen, Yangyang; Gul, Ferdinand A.; Truong, Cameron ; Veeraraghavan, Madhu / Auditor client specific knowledge and internal control weakness: Some evidence on the role of auditor tenure and geographic distance. August 2016; In: Journal of Contemporary Accounting and Economics. Vol. 12, No. 2, pp. 121-140

Chen, Chen; Chen, Yangyang; Hsu, Po-Hsuan; Podolski, Edward J. / Be nice to your innovators: Employee treatment and corporate innovation performance. August 2016; In: Journal of Corporate Finance. Vol. 39, pp. 78-98

Chen, Yangyang; Podolski, Edward J.; Veeraraghavan, Madhu / Does managerial ability facilitate corporate innovative success?. December 2015; In: Journal of Empirical Finance. Vol. 34, pp. 313-326

Chen, Yangyang; Gul, Ferdinand A.; Veeraraghavan, Madhu; Zolotoy, Leon / Executive equity risk-taking incentives and audit pricing. November 2015; In: The Accounting Review. Vol. 90, No. 6, pp. 2205-2234

Chen, Yangyang; Rhee, S. Ghon; Veeraraghavan, Madhu; Zolotoy, Leon / Stock liquidity and managerial short-termism. November 2015; In: Journal of Banking and Finance. Vol. 60, pp. 44-59

CHEN, Yangyang; TRUONG, Cameron ; VEERARAGHAVAN, Madhu / CEO Risk‐Taking Incentives and the Cost of Equity Capital. September 2015; In: Journal of Business Finance and Accounting. Vol. 42, No. 7-8, pp. 915-946

Chen, Yangyang / FUNDING STATUS OF DEFINED BENEFIT PENSION PLANS AND IDIOSYNCRATIC RETURN VOLATILITY. March 2015; In: Journal of Financial Research. Vol. 38, No. 1, pp. 35-57

Chen, Yangyang; Dou, Paul Y.; Rhee, S. Ghon; Truong, Cameron ; Veeraraghavan, Madhu / National culture and corporate cash holdings around the world. January 2015; In: Journal of Banking and Finance. Vol. 50, pp. 1-18

Chen, Yangyang; Podolski, Edward J.; Rhee, Ghon; Veeraraghavan, Madhu / Local gambling preferences and corporate innovative success. February 2014; In: Journal of Financial and Quantitative Analysis. Vol. 49, No. 1, pp. 77-106

Chen, Yangyang; Koutsantony, Constantine; Truong, Cameron ; Veeraraghavan, Madhu / Stock price response to S&P 500 index inclusions: Do options listings and options trading volume matter?. February 2013; In: Journal of International Financial Markets, Institutions and Money. Vol. 23, pp. 379-401

Truong, Cameron ; Corrado , Charles; Chen, Yangyang / The option market response to accounting earnings announcements. July 2012; In: Journal of International Financial Markets, Institutions and Money. Vol. 22, No. 3, pp. 423-450

Conference Papers

Chen, Yangyang; Ofosu, Emmanuel; Veeraraghavan, Madhu; Zolotoy, Leon / Rank-and-File Employee Stock Options and Workplace Safety. June 2022; 2022 Asian Finance Association (AsianFA) Annual Conference, 27/06/2022 - 29/06/2022, , Hong Kong.

Chen, Yangyang; Ofosu, Emmanuel; Veeraraghavan, Madhu; Zolotoy, Leon / Rank-and-File Employee Stock Options and Workplace Safety. April 2022; 12th Financial Markets and Corporate Governance Conference (FMCG 2022), 20/04/2022 - 22/04/2022, Victoria, Australia.

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