2024 CAPANA Annual Research Conference Program

2024 CAPANA Annual Research Conference Program
 List of Participants
June 11, 2024 HKU Doctoral Consortium
Location: K.K. Leung Building Room 315
9 am – 12 pm Session 1
Instructor: Valeri Nikolaev, University of Chicago
Topic: “Language as Data: LLMs and Accounting Applications
12 pm – 2 pm Lunch at Senior Common Room, Level 14
2 pm – 3:20 pm Session 2
Instructor: Pingyang Gao, University of Hong Kong
Topic: “The Economics of Accounting Standard Setting
3:40 pm – 5 pm Session 3
Instructor: Jeffrey Ng, University of Hong Kong
Topic: “Sustainability and ESG Research”
CAPANA Conference (Jun 12-13, 2024)
Location: Rayson Huang Theatre (RHT)
Paper presentation format: 15 mins presentation, 20 mins discussion, 15 mins Q&A.
June 12, 2024 CAPANA Conference Day 1, Morning Session
Moderator: Peeyush Taori, University of Hong Kong
8:00 am: Registration
8:25 am – 8:30 am Introduction
Pingyang Gao, CAPANA President; Associate Dean, Zhang Yonghong Professor in Accounting, University of Hong Kong
8:30 am – 8:40 am Welcome Speech
Chen Lin, Associate Vice-President and Stelux Professor in Finance, University of Hong Kong
8:40 am – 9:40 am Keynote Speech
Valeri Nikolaev, University of Chicago
Title: “The Emergence of Generative AI and Capital Markets: Challenges and Research Opportunities
9:40 am – 10 am Coffee break
 Please click on the title of paper to download the pdf version
10 am – 10:50 am Paper 1: “Feedback on Emerging Corporate Policies
Presenter: Sean Cao, University of Maryland
Discussant: John Xuefeng Jiang, Michigan State University
10:50 am – 11:40 am Paper 2: “Dare to Say No? Externalities of Employee Employment Protection on Financial Misreporting
Presenter: Hong Xie, University of Kentucky
Discussant: Huai Zhang, Nanyang Technological University
 11:40 am – 12:30 pm Paper 3: “The Information Content of Visual Emotions from Investor Days” (paper not posted online due to authors’ request)
Presenter: Danqi Hu, Peking University
Discussant: Frank Zhang, Yale University
12:40 pm – 2:30 pm Lunch at Senior Common Room, Level 14
June 12, 2024 CAPANA Conference Day 1, Afternoon Session
Moderator: Keri Peicong Hu, University of Hong Kong
2:30 pm – 3:20 pm Paper 4: “Do Information Processing Costs Matter to Regulators? Evidence from U.S. Mortgage Companies’ Supervision
Presenter: Philip Wang, University of Florida
Discussant: Aneesh Raghunandan, London School of Economics
3:20 pm – 4:10 pm Paper 5: “Institutional Investors’ Behind-the-Scene Monitoring and ESG Disclosure
Presenter: Yue Zhang, Sun Yat-sen University
Discussant: Albert Tsang, Southern University of Science and Technology
4:10 pm – 4:30 pm Coffee break
4:30 pm – 5:20 pm Paper 6: “User Anonymity and Information Quality of Social Media: Evidence from a Natural Experiment
Presenter: Yakun Eric Wang, Chinese University of Hong Kong, Shenzhen
Discussant: Susan Shu, Boston College
5:30 pm – 6:30 pm Travel to dinner restaurant by bus
6:30 pm – 8:30 pm Conference dinner at Maxim’s Palace (Central)
June 13, 2024 CAPANA Conference Day 2
Moderator: Charles Chao Kang, University of Hong Kong
8:30 am – 9:30 am Keynote Speech
Lakshmanan Shivakumar, London Business School
Title: “Are public or private firms’ earnings more relevant to predict future GDP?”
9:30 am – 10:20 am Paper 7: “Inside the “Black Box” of China’s Corporate ESG Practice: Which Stakeholders Matter?”
Presenter: Emma Wang, Cornell University
Discussant: Xiumin Martin, Washington University at St. Louis
10:20 am – 10:40 am Coffee break
10:40 am – 11:30 am Paper 8: “Breaking the Language Barriers? Machine Translation Technology and Analysts’ Forecasts for Multinational Firms”
Presenter: Bingxu Fang, Singapore Management University
Discussant: Nancy Su, Hong Kong Polytechnic University
 11.30 am – 12.20 pm Paper 9: “A Game of Disclosing “Other Events”: A Message to Retail Investors”
Presenter: Tao Shu, Chinese University of Hong Kong
Discussant: Haifeng You, Tsinghua University
12:20 pm – 12:30 pm Voting for the Best Paper Award and Best Discussant Award
12:30 pm – 12:45 pm Award presentation and closing remarks
Pingyang Gao, CAPANA President; Associate Dean, Zhang Yonghong Professor in Accounting, University of Hong Kong
12:45 pm – 2 pm Buffet lunch, buffet style
Location: K.K. Leung Building Rooms 301 and 315
2 pm End of Conference
2:30 pm Social activity (optional, weather permitting)
Hiking trip to The Peak (https://www.thepeak.com.hk/en)
Adverse Weather Arrangements

  • If the Typhoon Signal No. 8 (or a higher number) or the Black Rainstorm Warning or “Extreme Conditions” Announcement is in effect; the following arrangements will be applied:
  • If the Black Rainstorm Warning or the Typhoon Signal No. 8 or above is in force 3 hours before the start time of the event, the event will be cancelled.
  • If the Amber/Red Rainstorm Warning or the Typhoon Signal No. 3 is in effect, the event will be held as usual.