Prof. Peter Fusheng CHEN
Associate Professor acpchen@ust.hk




Academic qualifications
PhD 1998 University of Alberta
MA 1990 University of Alberta
B.Sc. 1985 Beijing Agricultural University

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ACADEMIC AND PROFESSIONAL EXPERIENCEAssociate Professor of Accounting, Hong Kong University of Science and Technology (HKUST), July 2005 - present
Assistant Professor of Accounting, Hong Kong University of Science and Technology (HKUST), 1998-June 2005

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PUBLICATIONS ARTICLES"Regulatory effects on Analysts' conficts of interest in corporate financing activities: Evidence from NASD Rule 2711."Journal of Corporate Finance (with Kirill Novoselov, Yihong Wang), V. 48, February 2018, pp. 658-679.
"The Information Role of Audit Opinions in Debt Contracting." (2016)Journal of Accounting and Economics, 61, pp. 121-144. (with Derrald Stice, Shaohua He and Zhiming Ma)
"Economic Freedom, Investment Flexibility, and Equity Value: A Cross-Country Study." (Sept 2015). The Accounting Review, Vol. 90, No. 5, pp. 1839 - 1870.(with Chih-Ying Chen and Qinglu Jin)
"NASD Rule 2711 and Changes in Analysts' Independence in Making Stock Recommendations."). (2009).The Accounting Review, Vol 84, No. 4, 1041-1971. (with Chih-ying Chen).
"How Do Accounting Variables Explain Stock Price Movements? Theory and Evidence." (2007). Journal of Accounting and Economics 43, 219-244. (with Guochang Zhang).
"Segment Profitability, Misvaluation, and Corporate Divestment." (2007), The Accounting Review, (January 2007), 1-26. (with Guochang Zhang).
"Heterogeneous Investment Opportunities in Multiple-Segment Firms and the Incremental Value Relevance of Segment Accounting Data." The Accounting Review, (2003), Vol. 8, Issue 2, 171-199. (with Guochang Zhang)
"When Capital Follows Profitability: Non-linear Residual Income Dynamics." Review of Accounting Studies, 6 (2001) , 229-265. (with Gary Biddle and Guochang Zhang)
"Layoffs, Shareholders' Wealth, and Corporate Performance." Journal of Empirical Finance, Vol. 8, Issue 2, (2001), 171-199, (with Vikas Mehrotra, Ranjini Sivakumar and Wayne W. Yu)
"Regulatory Capital, Tax, and Earnings Management Effects on Loan Loss Accruals in the Canadian Banking Industry
Profitability (ROE), Earnings and Book Value in Equity Valuation: A Geometric View and Empirical Evidence." 2004 Information, Markets, and Organizations (Harvard Business School), June 21-22. (with Guochang Zhang).
"The Roles of Earnings and Book Value in Equity Valuation: A Real-options Based Analysis" Collected Abstracts of American Accounting Association Annual Meeting, 2002 (with Guochang Zhang).
"When Capital follows Profitability: Non-linear Residual Income Dynamics
Heterogeneous Investment Opportunities and the Value Relevance of Segment Accounting Data" (with Guochang Zhang). 2001 Summer Symposium at Hong Kong University of Science and Technology.
"The Usefulness of Segment Information in Predicting Divestitures." Collected Abstracts of the Canadian Academic Accounting Association Annual Meeting, 1998.
"Regulatory Capital, Tax, and Earnings Management Effects on Loan Loss Accruals in the Canadian Banking Industry
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