Department of Accountancy | Staff List

Dr. WANG Zheng (王征博士)

PhD - Accounting (University of Maryland)

Associate Professor

Contact Information

E-mail:
Address:	13-223, Lau Ming Wai Academic Building City University of Hong Kong
Phone:	+852 34425204
Fax:	+852 34420349
zwang22@cityu.edu.hk

Research Areas

Capital Market
Financial Reporting
Corporate Disclosure

Dr. Zheng Wang received her Ph.D degree in accounting from University of Maryland in US, her master degree in accounting and finance from London School of Economics in UK and her bachelor degree from Peking University in China. She is currently an associate professor in the department of accountancy of College of Business. Her research interests lie in the area of capital market, financial reporting, and corporate disclosure. She has published papers at top accounting journals including the Accounting Review and Contemporary Accounting Research and top management journals including Organization Science and Production and Operations Management.

Research Grant

PI: "The Contractibility of Accounting Information and Debt Covenants: Evidence from PCAOB International Inspections", General Research Fund (GRF) - Hong Kong Research Grants Council (RGC) , Amount: $242,000 (2021-2023) , Dr. Zheng Wang, Professor Jeffrey Pittman, and Dr. Ke Wang
PI: "Effect of Customers’ Risk Factor Disclosures on their Supplier’s Relationship specific Investments and Investment Efficiency", General Research Fund (GRF) - Hong Kong Research Grants Council (RGC) , Amount: $ 163,800 (2016-2018) , Dr. Zheng Wang, Prof Jeong-Bon Kim and Dr. Chiu-Ting Tzu
PI: "The Impact of Major Customers' Income Smoothing on a Firm's Bank Loan Contracting", Strategic Research Grants (SRG) - City University of Hong Kong , Amount: HK$100,000 (2014-2015) , Dr Wang Zheng and Prof Jeong-Bon Kim
PI: "The Dark Side of Overconfident CEOs: Do They Adversely Affect the Performance of their Suppliers?", Strategic Research Grant (SRG) - City University of Hong Kong , Amount: $79,238 (2012-2013) , Dr Zheng Wang, Prof Jeong-Bon Kim and Dr Liandong Zhang
PI: "Off Balance Sheet Arrangements Using Special Purpose Vehicles and Stock Price Crash Risk", General Research Fund (GRF) - Hong Kong Research Grants Council (RGC) , Amount: $198,868 (2011-2012) , Dr Zheng Wang, Prof Jeong-Bon Kim and Dr Liandong Zhang
PI: "Bank Loan Contracting and Off Balance Sheet Financing Using Special Purpose Vehicles", Start-up Grant - City University of Hong Kong , Amount: $100,000 (2010-2012) , Dr Zheng Wang

Publications

Journal Publications and Reviews
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 Kim, Jeong-Bon; Lin, Yupeng; Mao, Ying; Wang, Zheng / Banking Market Consolidation and Tax Planning Intermediation: Evidence from Client Firm Tax Haven Operations. October 2022; In: The Accounting Review. GUAN, Yuyan; WANG, Zheng; WONG, M. H. Franco; XIN, Xiangang / Language and Management Forecasts around the World. 2022; In: Contemporary Accounting Research. Vol. 39, No. 1, pp. 50-86 Qian, Cuili; Crilly, Donal; Wang, Ke; Wang, Zheng / Why Do Banks Favor Employee-Friendly Firms? A Stakeholder-Screening Perspective. May 2021; In: Organization Science. Vol. 32, No. 3, pp. 605-624 Kim, Yongtae; Su, Lixin (Nancy); Wang, Zheng; Wu, Haibin / The Effect of Trade Secrets Law on Stock Price Synchronicity: Evidence from the Inevitable Disclosure Doctrine. January 2021; In: The Accounting Review. Vol. 96, No. 1, pp. 325-348 CHIU, Tzu-Ting; KIM, Jeong-Bon; WANG, Zheng / Customers’ Risk Factor Disclosures and Suppliers’ Investment Efficiency. 2019; In: Contemporary Accounting Research. Vol. 36, No. 2, pp. 773–804 Lin, Yupeng; Mao, Ying; Wang, Zheng / Institutional Ownership, Peer Pressure, and Voluntary Disclosures. July 2018; In: The Accounting Review. Vol. 93, No. 4, pp. 283-308 Kim, Jeong-Bon; Song, Byron Y.; Wang, Zheng / Special purpose entities and bank loan contracting. January 2017; In: Journal of Banking and Finance. Vol. 74, pp. 133-152 KIM, JEONG-BON; WANG, ZHENG; ZHANG, LIANDONG / CEO Overconfidence and Stock Price Crash Risk. December 2016; In: Contemporary Accounting Research. Vol. 33, No. 4, pp. 1720-1749 Radhakrishnan, Suresh; Wang, Zheng; Zhang, Yue / Customers' capital market information quality and suppliers' performance. October 2014; In: Production and Operations Management. Vol. 23, No. 10, pp. 1690-1705 Wang, Zheng / Measuring investors' assessment of earnings persistence: Do investors see through smoothed earnings?. May 2014; In: Review of Quantitative Finance and Accounting. Vol. 42, No. 4, pp. 691-708 Sengupta, Partha; Wang, Zheng / Pricing of off-balance sheet debt: How do bond market participants use the footnote disclosures on operating leases and postretirement benefit plans?. September 2011; In: Accounting and Finance. Vol. 51, No. 3, pp. 787-808

Journal Publications and Reviews

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
Kim, Jeong-Bon; Lin, Yupeng; Mao, Ying; Wang, Zheng / Banking Market Consolidation and Tax Planning Intermediation: Evidence from Client Firm Tax Haven Operations. October 2022; In: The Accounting Review.
GUAN, Yuyan; WANG, Zheng; WONG, M. H. Franco; XIN, Xiangang / Language and Management Forecasts around the World. 2022; In: Contemporary Accounting Research. Vol. 39, No. 1, pp. 50-86
Qian, Cuili; Crilly, Donal; Wang, Ke; Wang, Zheng / Why Do Banks Favor Employee-Friendly Firms? A Stakeholder-Screening Perspective. May 2021; In: Organization Science. Vol. 32, No. 3, pp. 605-624
Kim, Yongtae; Su, Lixin (Nancy); Wang, Zheng; Wu, Haibin / The Effect of Trade Secrets Law on Stock Price Synchronicity: Evidence from the Inevitable Disclosure Doctrine. January 2021; In: The Accounting Review. Vol. 96, No. 1, pp. 325-348
CHIU, Tzu-Ting; KIM, Jeong-Bon; WANG, Zheng / Customers’ Risk Factor Disclosures and Suppliers’ Investment Efficiency. 2019; In: Contemporary Accounting Research. Vol. 36, No. 2, pp. 773–804
Lin, Yupeng; Mao, Ying; Wang, Zheng / Institutional Ownership, Peer Pressure, and Voluntary Disclosures. July 2018; In: The Accounting Review. Vol. 93, No. 4, pp. 283-308
Kim, Jeong-Bon; Song, Byron Y.; Wang, Zheng / Special purpose entities and bank loan contracting. January 2017; In: Journal of Banking and Finance. Vol. 74, pp. 133-152
KIM, JEONG-BON; WANG, ZHENG; ZHANG, LIANDONG / CEO Overconfidence and Stock Price Crash Risk. December 2016; In: Contemporary Accounting Research. Vol. 33, No. 4, pp. 1720-1749
Radhakrishnan, Suresh; Wang, Zheng; Zhang, Yue / Customers' capital market information quality and suppliers' performance. October 2014; In: Production and Operations Management. Vol. 23, No. 10, pp. 1690-1705
Wang, Zheng / Measuring investors' assessment of earnings persistence: Do investors see through smoothed earnings?. May 2014; In: Review of Quantitative Finance and Accounting. Vol. 42, No. 4, pp. 691-708
Sengupta, Partha; Wang, Zheng / Pricing of off-balance sheet debt: How do bond market participants use the footnote disclosures on operating leases and postretirement benefit plans?. September 2011; In: Accounting and Finance. Vol. 51, No. 3, pp. 787-808

Conference Papers
Guan, Yuyan; WANG, Zheng; Wong, Franco; XIN, Xiangang / Language and Management Forecasts around the World. October 2020; Invited academic seminar, 30/10/2019 - , Shenzhen, China. Kim, Jeong-Bon; Lin, Yupeng; Mao, Ying; Wang, Zheng / Banking Market Consolidation and Tax Planning Intermediation: Evidence from Client Firm Tax Haven Operations. June 2019; 42nd Annual Conference of the Canadian Academic Accounting Association (2019 CAAA Annual Conference), 30/05/2019 - 01/06/2019, Ottawa, Canada. 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. Radhakrishnan, Suresh; Wang, Ke; Wang, Zheng / STAKEHOLDER ORIENTATION AND ACCOUNTING CONSERVATISM: EVIDENCE FROM A NATURAL EXPERIMENT. June 2018; 41st Annual Congress of the European Accounting Association, EAA 2018, 30/05/2018 - 01/06/2018, Milano, Italy. Chiu, Tzu-Ting; Kim, Jeong-bon; Wang, Zheng / Effect of Customers’ Risk Factor Disclosures on Suppliers’ Investment Efficiency. January 2016; 2016 Financial Accounting and Reporting Section Midyear Meeting, 22/01/2016 - 23/01/2016, Newport Beach, California, United States. WANG, Zheng; KIM, Jeong-Bon; SONG, B / Special purpose entities and bank loan contracting. April 2015; 38th European Accounting Association Annual Congress 2015, 28/04/2015 - 30/04/2015, Glasgow, United Kingdom. CHOI, J. H.; KIM, Jeong Bon; WANG, Z.; ZANG, Y. / Dynamic Auditor Competition and Audit Quality in Local Markets.. May 2013; 2013 Annual Congress of EAA., 06/05/2013 - 08/05/2013, Paris, France. Kim, Jeong-Bon; Wang, Zheng; Xin, Baohua / Effect of Information Opacity and Business Complexity on Star Analyst Coverage. July 2010; 2010 American Accounting Association Annual Meeting, 31/07/2010 - 04/08/2010, San Francisco, United States.

Conference Papers

Guan, Yuyan; WANG, Zheng; Wong, Franco; XIN, Xiangang / Language and Management Forecasts around the World. October 2020; Invited academic seminar, 30/10/2019 - , Shenzhen, China.
Kim, Jeong-Bon; Lin, Yupeng; Mao, Ying; Wang, Zheng / Banking Market Consolidation and Tax Planning Intermediation: Evidence from Client Firm Tax Haven Operations. June 2019; 42nd Annual Conference of the Canadian Academic Accounting Association (2019 CAAA Annual Conference), 30/05/2019 - 01/06/2019, Ottawa, Canada.
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.
Radhakrishnan, Suresh; Wang, Ke; Wang, Zheng / STAKEHOLDER ORIENTATION AND ACCOUNTING CONSERVATISM: EVIDENCE FROM A NATURAL EXPERIMENT. June 2018; 41st Annual Congress of the European Accounting Association, EAA 2018, 30/05/2018 - 01/06/2018, Milano, Italy.
Chiu, Tzu-Ting; Kim, Jeong-bon; Wang, Zheng / Effect of Customers’ Risk Factor Disclosures on Suppliers’ Investment Efficiency. January 2016; 2016 Financial Accounting and Reporting Section Midyear Meeting, 22/01/2016 - 23/01/2016, Newport Beach, California, United States.
WANG, Zheng; KIM, Jeong-Bon; SONG, B / Special purpose entities and bank loan contracting. April 2015; 38th European Accounting Association Annual Congress 2015, 28/04/2015 - 30/04/2015, Glasgow, United Kingdom.
CHOI, J. H.; KIM, Jeong Bon; WANG, Z.; ZANG, Y. / Dynamic Auditor Competition and Audit Quality in Local Markets.. May 2013; 2013 Annual Congress of EAA., 06/05/2013 - 08/05/2013, Paris, France.
Kim, Jeong-Bon; Wang, Zheng; Xin, Baohua / Effect of Information Opacity and Business Complexity on Star Analyst Coverage. July 2010; 2010 American Accounting Association Annual Meeting, 31/07/2010 - 04/08/2010, San Francisco, United States.

Chapters, Conference Papers, Creative and Literary Works
Wang, Zheng / The role of analysts’ recommendation revisions in helping investors understand the valuation implications of announced earnings. December 2012; Transparency and governance in a global world. pp. 257-286