2013 CAPANA Conference
July 7-9, 2013
Hong Kong, China

The Sixth Annual Research Conference of

Chinese Accounting Professors' Association of North America (CAPANA)

Politicians and the IPO Decision: The Impact of Impending Political Promotions on IPO Activity in China [Paper download]

Joseph Piotroski (Stanford University), Tianyu Zhang (Chinese Univ. of Hong Kong)

Presenter: Joseph Piotroski (Stanford University)

Performance Measures in CEO Annual Bonus Contracts [Paper download]

Ying Huang (University of Texas at Austin), Ningzhong Li (University of Texas at Dallas), and Jeff Ng (Chinese University of Hong Kong)

Presenter: Ningzhong Li (University of Texas at Dallas)

Discussant: Catherine Shakespeare (University of Michigan)

Are Investors’ Corporate Site Visits Informative[Paper download]

Qiang Cheng (Singapore Management University), Fei Du (University of Hong Kong), Xin Wang (University of Hong Kong), and Yutao Wang (Central University of Finance and Economics)

Presenter: Xin Wang (University of Hong Kong)

Discussant: Eugene Soltes (Harvard University) [Discussion]

The Debt-contracting Value of Accounting Numbers, Renegotiation, and Investment Efficiency[Paper download]

Yiwei Dou (New York University)

Presenter: Yiwei Dou (New York University)

Discussant: Tzachi Zach (Ohio State University)

Mandatory vs. Voluntary Management Earnings Forecasts in China [Paper download]

Xiaobei Beryl Huang (University of International Business and Economics), Xi Li (Temple University), Senyo Tse (Texas A&M University), and Jennifer Wu Tucker (University of Florida)

Presenter: Xi Li (Temple University)

Discussant: Craig Chapman (Northwestern Univ.) [Discussion]

Earnings Opacity and Closed-end Country Fund Discounts [Paper dowload]

Feng Chen (University of Toronto), Ole-Kristian Hope (University of Toronto), Qingyuan Li (Wuhan University), and Xin Wang (University of Hong Kong)

Presenter: Feng Chen (University of Toronto)

Discussant: Mingyi Hung (Hong Kong University of Science and Technology)

Private Litigation Risk and the Information Environment: Evidence from Cross-listed Firms [Paper download]

James P. Naughton (Northwestern University), Tjomme O. Rusticus (Northwestern University), Clare Wang (Northwestern University), and Ira Yeung (Northwestern University)

Presenter: Clare Wang (Northwestern University)

Discussant: Dan Bens (INSEAD.) [Discussion]