Zhang, Tianyu

Biography

Prof. Zhang Tianyu is a Professor of School of Accountancy at The Chinese University of Hong Kong (CUHK). He got his BA from Nankai University, MA from Shanghai University of Finance and Economics and PhD from Hong Kong University of Science and Technology.

Before joining CUHK, Prof. Zhang worked for City University of Hong Kong from 2005-2010. Prof. Zhang has published research articles in finance, accounting and economics journals such as Journal of Finance, Journal of Financial Economics, The Accounting Review, Journal of Accounting and Economics, Journal of Accounting Research, Contemporary Accounting Research, and Journal of Law, Economics and Organisation. His research was featured in the Wall Street Journal, Associated Press, Business Wire, and Caixin. Prof. Zhang sits on the editorial board of The Accounting Review, China Journal of Accounting Research, and China Journal of Accounting Studies.

Teaching Areas

Financial Accounting
Corporate Governance

Research Interests

Institutions in China Capital Market
Corporate Governance

• Publications & Working Papers
  • Clive Lennox, Xi Wu, Tianyu Zhang (2014), “Does Mandatory Partner Rotation Improve Audit Quality?” The Accounting Review, 89(5), 1775–1803.
  • Tianyu Zhang, Clive Lennox, and Xi Wu (2016), “The effect of audit adjustments on earnings quality: Evidence from China,” Journal of Accounting and Economics, 61(2-3), 545-562.
  • Tianyu Zhang, Xunan Feng, and Anders C. Johansson (2015), “Mixing Business with Politics: Political Participation by Entrepreneurs in China,” Journal of Banking and Finance, 59, 220-235.
  • Tianyu Zhang, Joseph Piotroski D., and T. J. Wong (2015), “Political Incentives to Suppress Negative Financial Information: Evidence from State-controlled Chinese Firms,” Journal of Accounting Research, 53(2), 405-459.
  • Tianyu Zhang, Joseph Fan, and T. J. Wong (2007), “Politically Connected CEOs, Corporate Governance, and the Post-IPO Performance of China’s Partially Privatized Firms,” Journal of Applied Corporate Finance, 84(2), 330-357.
  • Tianyu Zhang, Clive Lennox, and Xi Wu (2014), “Change for Change’s Sake? Does Mandatory Partner Rotation Improve Audit Quality?” The Accounting Review, 89(5), 1775-1803.
  • Tianyu Zhang, Xunan Feng, and Anders C. Johansson (2014), “Political Participation and Entrepreneurial Initial Public Offerings in China,” Journal of Comparative Economics, 42(2), 269-285.
  • Tianyu Zhang and Joseph Piotroski (2014), “Politicians and the IPO Mechanism: The impact of impending political promotions on IPO activity in China,” Journal of Financial Economics, 111(1), 111-136.
  • Tianyu Zhang, Joseph Fan and T. J. Wong (2012), “Institutions and Organisational Structure: the Emergence of Corporate Pyramids in China,” Journal of Law, Economics and Organisation, 29(6), 1217-1252.
  • Tianyu Zhang, Mingyi Hung, and T. J. Wong (2012), “Political Considerations in the Decision of Chinese SOEs to List in Hong Kong,” Journal of Accounting and Economics, 53, 435-449.
  • Tianyu Zhang, David McLean, and Mengxin Zhao (2012), “Why Does the Law Matter? Investor Protection and its Effects on Investment, Finance, and Growth,” Journal of Finance, 67(1), 313-350.
  • Tianyu Zhang, Joseph Fan and T. J. Wong (2012), “Founder Succession and Accounting Properties,”  Contemporary Accounting Research, 29(1), 283-311.
  • Tianyu Zhang, Ilan Alon, and Pattarin Adithipyangkul (2009), “Executive perks: Compensation and corporate performance in China,” Asia Pacific Journal of Management, 28(2), 401-425.
  • Tianyu Zhang, Joseph Fan, and T. J. Wong (2007), “Political-connected CEO and post IPO performance of China listed companies,” Journal of Financial Economics, 84(2), 330-357.
  • Tianyu Zhang and Peter Chen, “Pyramidal Ownership Structure and Proprietary Disclosure: Evidence from Segment Reporting in Hong Kong,” International Journal of Business Research.

• Grants
  • “Is the labour cost stickier in firms with more knowledgeable employees?”, awarded by CERG with HK$398,252, 2012 (Principal Investigator)
  • “Debt enforcement, political connection, and real and financial resources allocation”, awarded by CERG with HK$220,000, 2010 (Principal Investigator)
  • “Political Incentives to Suppress Negative Financial Information: Evidence from State-controlled Chinese Firms”, awarded by CERG with HK$400,000, 2008 (Co-investigator)
  • “Causes and consequences of cross-listing: Evidence from China”, awarded by CERG with HK$390,000, 2007 (Principal Investigator)
  • “Founder Succession and Accounting Properties”, awarded by CERG with HK$400,000, 2007 (Co-investigator)
  • “Corrupted Lending”, awarded by City University of Hong Kong with HK$100,000, 2005 (Principal Investigator)
  • “Political connection of financial intermediaries: evidence from China IPO market”, awarded by CERG with HK$400,000 (Co-investigator)