Prof. Hao ZHANG

Associate Professor in Accounting

Faculty of Business Administration
University of Macau, E22
Avenida da Universidade, Taipa, Macau, China

Contact Information

Room: E22-3080
Telephone: (853) 8822-4648
E-mail: haozhang
  • PhD (Finance), Texas A&M University, USA
  • BA (English), University of Richmond, USA
  • Editorial Board Member: Journal of International Accounting, Auditing & Taxation
  1. Principle Investigator (2015-2018) “On Management Earnings Forecast and Debt Contracting” NSFC (National Natural Science Foundation of China (国家自然科学基金, 面上项目, RMB 620,000)) Research Grant . (Project number: 71472162, CI: J.B. Kim, M.Wei)
  • Undergraduate Courses
    • Management Accounting II (ACCT 3002)
  • Graduate Courses
    • Contemporary Issues in Accounting (ACCT 7054)
  • Statistical analysis of textual, audio, visual information
  • AI analysis of big data
  • Text mining, data mining
  • Supply chain
  • Innovations
  1. “Local versus Non-Local Effects of Chinese Media and Post-Earnings Announcement Drift”(with J.B. Kim, L. Li, Z. Yu),Journal of Banking and Finance 2019 (forthcoming).
  2. “The effects of newly emergent Non-state-controlled Chinese Firms adapting an Established Practice from State-owned Organizations: evidence of Symbolic Compliance from (领导视察) a Natural Experiment” (with L. Li, B. Srinidhi. Z. Yu), Asia-Pacific Journal of Accounting and Economics 2019 (forthcoming).
  3. “Linguistic Information Quality in Customers’ Forward-looking Disclosures and Suppliers’ Investment Decisions” ( with C. Chen, J.B. Kim, and M, Wei), Contemporary Accounting Research 2018 (in press).
  4. “Analyst Forecast Accuracy and Media Independence” (with J.B. Kim and L. Li), Financial Management, 2017 (Winter) 1023-1051.
  5. “Can media exposure improve stock price efficiency in China and why?”(with J.B. Kim and Z. Yu) China Journal of Accounting Research, 9 (2016), 83-114
  6. “Media ownership and stock price informativeness”,(with J.B. Kim, L. Li, and G. Tian), Journal of Banking and Finance 46 (2014) 299-310.
  7. “An Analysis of Enlightened Shareholder Value in Light of Ex Post Opportunism and Incomplete Law” (with A. Keay), European Company and Financial Law Review 8 (2011) 445-475. 2011.
  8. “Mergers and Long Term Corporate Performance” (with D. R. Fraser), Journal of Money, Credit & Banking 41 (2009),1503-1513.
  9. “Incomplete Contracts, Contingent Fiduciaries, and a Director’s Duty to Creditors,” Melbourne University Law Review (with A. Keay), 32 (April 2008), 141-170.
  10. “Public Policy, Political Connection, and Effective Tax Rates,” (with A. Adhikari and C. Derashid), Journal of Accounting & Public Policy 5 (2006), 574-595.
  • PhD Students
    • Can CHEN (sole supervision) “The Impacts of Corporate Voluntary Disclosure on Their Stakeholders” (PhD, 2016 City University of Hong Kong; currently Assistant Professor of Accounting at University of Macau, Macau).
    • Zhichen WANG (sole supervision) “Does Bad News Travel Across Firms Through Board Social Network? Evidence from Financial Misreporting and Bank Loan Contracting” (PhD 2016, City University of Hong Kong; currently Assistant Professor of Accounting at Hang Seng University of Hong Kong, Hong Kong).
    • Ni LI (co-supervision) “The Impact of Controlling Shareholders’ Stock Pledge on Corporate Transparency: evidence from China.” (PhD 2015, City University of Hong Kong/Sun Yet-Sen University; currently Assistant Professor of Accouning at Guangzhou University, Guangzhou).
    • Huabin, LI. (co-supervision) “Political Connections, Resources Acquisition Ability, and Firm Value of Chinese Real Estate Enterprises” City University of Hong Kong (DBA, City University of Hong Kong 2014; currently Vice President, Gaixon Group Co., Ltd, Hangzhou, China)
    • Chek Derashid (sole supervision. “Corporate Effective Tax Rate, Industrial Policy Hypothesis and Earnings Management” University of Leeds (PhD 2007; currently Associate Professor of Accounting at Universiti Utara Malaysia).