Prof. Steven Xu ZHANG

Assistant Professor in Accounting

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

Contact Information

Room: E22-3066
Telephone: (853) 8822-4186
E-mail: xuzhang
  • Ph.D. in Accounting, Hong Kong Baptist University, Hong Kong
  • Master in Accounting, Central University of Finacial and Economics, China
  • BSc in Mathematical Statistics, Fu Dan University, China
  • Undergraduate Courses
    • Managerial Auditing (ACCT434)
    • Management Accounting 1 (ACCT210)
    • Management Accounting 2 (ACCT311)
    • Principles of Financial Accounting (ACCT100)
  • Postgraduate Courses
    • Accounting Research Methods (ACCT770)
    • Advanced Accounting Research Methods (ACCT811)
    • Contemporary Research in Accounting (ACCT812)
  • Financial accounting
  • Corporate governance
  • Corporate finance
  • Emerging Markets Study
    • Internal Grants
      • Consumer Empowerment, Innovation, and Cost of Capital: International Evidence, funded by the Research Committee of University of Macau, 2017-2019, Principal investigator
      • Investor Financial Education and Stock price synchronicity around the world, funded by the Research Committee of University of Macau, 2015-2018, Principal investigator
      • Political connection, institutional environment, and tax avoidance choice : Evidence from China, funded by the Research Committee of University of Macau, 2012-2014, Principal investigator
      • The value of research & development expenditures and corporate governance: An international study, funded by the Research Committee of University of Macau, 2011-2014, Principal investigator
    • External Grants
      • Supplier-Customer Information, Short-Selling Behavior and Market Efficiency, funded by National Natural Science Foundation of China, 2018-2019, Co-Principal investigator
  1. Having a finger in the pie: Labor power and corporate payout policy, with I. Haw, B. Hu, and D. Wu, Financial Management, 47(4), 2018
  2. Value relevance of proportionate consolidation versus the equity method: Evidence from Hong Kong, with S.So, K.S. Wong and F. Zhang, China Journal of Accounting Research, Forthcoming, 2018
  3. Individualist-collectivist culture, ownership concentration and earnings quality, with C. Lyu and D.Yuen,Asia-Pacific Journal of Accounting & Economics, 24(1-2), 2017
  4. The Impact of IFRS Adoption on Real Activities Manipulation: Evidence from China,with C. Lyu, D.Yuen and N.Zhang, Journal of Applied Management Accounting Research 12(2), 2014
  5. Positive externality of analyst coverage upon audit services: evidence from China, with J. Fang, I. Haw and V. Yu, Asia-Pacific Journal of Accounting & Economics 21(2), 2014
  6. Legal institutions, ownership concentration, and stock repurchases around the world: Signal mimicking? with I. Haw, S. Ho, and B. Hu, International Journal of Accounting 48(4), 2013
  7. Reply to comment on ‘legal institutions, ownership concentration, and stock repurchases around the world: Signal mimicking?’, with I. Haw, S. Ho, and B. Hu, International Journal of Accounting 48(4), 2013
  8. Individualism–collectivism, private benefits of control, and earnings management: A cross-culture comparison, with X. Liang, and H. Sun, Journal of Business Ethics 114(4): 655-664, 2013
  9. The contribution of stock repurchases on the value of firm and cash holdings around the world, with I. Haw, S. Ho, and B. Hu, Journal of Corporate Finance 17(1)152-166, 2011
  10. A case study of voluntary disclosure by Chinese enterprises, with D. Yuen, M. Liu and C. Lu, Asian Journal of Finance & Accounting, 1(2):118-145, 2009
  11. The development of corporate governance in China, with Z. Lin, and M. Liu, The Company Lawyer, V28(7), 195-203, 2007.
  1. Europe Accounting Association (EAA) 2018 Annual Meeting
  2. China Accounting Association 2017 Annual Meeting
  3. Financial Management Association (FMA) 2015 Annual Meeting
  4. American Accounting Association (AAA) 2015 Annual Meeting
  5. The International Journal of Accounting Symposium 2012
  6. The 24th Australian Finance and Banking conference 2011
  7. The 6th International Symposium of Corporate Governance 2011
  8. The 3rd Business Ethics Forum 2010
  9. American Accounting Association Annual Meeting 2009
  • China Accounting Association
  • American Accounting Association
  • European Accounting Association