Faculty List & Specializations

NamePositionSpecialization & Research Interests
Dennis ChungProfessor, Accounting Liquidity, Investor Protection, Market Behaviour
Craig EmbyProfessor, Accounting Human information processing / judgment, decision making, particularly professional judgment in accounting and auditing.
Michael Favere-MarchesiAssociate Professor, Accounting Audit Judgment and Decision-Making; Fraud; Comparative Audit Markets and Systems; Cultural Influences on Accounting and Controls; International Accounting Differences; Internal Auditing
Teresa FungLecturer, Accounting
Irene M. GordonProfessor, Accounting Accounting theory; Financial accounting; Accounting education; Accounting and corporate social responsibility.
Karel HrazdilAssociate Professor, Accounting Price formation process (market microstructure); Industry classification; Financial reporting quality
Johnny JermiasProfessor, Accounting

Judgment in Decision Making, Strategic Management Accounting, Performance Measurement and Productivity, Innovation in Management Accounting, Corporate Governance, and Corporate Disclosure.

E. Anne MacdonaldSenior Lecturer, Accounting Senior lecturer in financial accounting and auditing.
Fereshteh MahmoudianAssistant Professor, Accounting
Jamal A. NazariAssociate Professor, Accounting Environmental and social performance; sustainability reporting; corporate governance; intellectual capital; value relevance of accounting measures; methodological issues in accounting research
Hwee TanAssistant Professor, Accounting
Kim TrottierAssociate Professor, Accounting Mathematical modeling

Capital markets

Information economics
Ray ZhangAssistant Professor

Powered by TRACS

Research Papers


  • Chen, Yasheng & Jermias, Johnny (2014). Business strategy, executive compensation and firm performance. Accounting & Finance 54.1: 113-134. doi: 10.1111/j.1467-629X.2012.00498.x
  • Chung, Dennis Y., Hrazdil, Karel & Trottier, Kim (2014). Industry classification and the efficiency of intra-industry information transfers. American Journal of Business 29.1: 95 - 111. doi: 10.1108/AJB-03-2013-0014
  • Hrazdil, Karel, Trottier, Kim & Zhang, R. (2014). An intra and inter-industry evaluation of three classification scheme common in capital market research. Applied Economics 46.17: 2021-2033. doi: 10.1080/00036846.2014.892200


  • Chung, D.Y.& Hrazdil, K. (2013). Speed of convergence to market efficiency in the ETFs market. Managerial Finance, Special Issue on Exchange-Traded Funds 39.5: 457-475. doi: 10.1108/03074351311313852
  • Hrazdil, K., Trottier, K.& Zhang, R. (2013). A comparison of industry classification schemes: A large sample study. Economics Letters 118.1:77-80. doi: 10.1016/j.econlet.2012.09.022
  • Jermias, Johnny & Yigit, Fatih (2013). Budgetary participation in Turkey: The effects of information asymmetry, goal commitment, and role ambiguity on job satisfaction and performance. Journal of International Accounting Research 12.1: 29-54. doi: 10.2308/jiar-50385


  • Chung, D.Y. & Hrazdil, K. (2012). Speed of convergence to market efficiency: The role of ECNs. Journal of Empirical Finance 19.5:702-720. doi: 10.1016/j.jempfin.2012.08.006
  • Gani, L. & Jermias, Johnny (2012). The effects of strategy–management control system misfits on firm performance. Accounting Perspectives 11.3:165-196. doi:10.1111/j.1911-3838.2012.00038.x
  • Gordon, I., Hrazdil, K. & Shapiro, D. (2012). Corporate governance in publicly traded small firms: A study of Canadian venture exchange companies. Business Horizons 55.6: 583-591. doi: 10.1016/j.bushor.2012.07.005
  • Hrazdil, Karel & Zhang, Ray (2012). The importance of industry classification in estimating concentration ratios. Economic Letters 114(2): 224-227. doi: 10.1016/j.econlet.2011.10.001
  • Hrazdil, Karel & Scott, Thomas (2012). The role of industry classification in estimating discretionary accruals. Economic Letters 114(2): 224-227. doi: 10.1007/s11156-011-0268-6


  • Chung, D.Y. & Hrazdil, K. (2011). Market efficiency and the post-earnings announcement drift. Contemporary Accounting Research 28.3: 926-956. doi: 10.1111/j.1911-3846.2011.01078.x
  • Gordon, I. (2011). Lessons to be learned: An examination of Canadian and U.S. financial accounting and auditing textbooks for ethics/governance coverage. Journal of Business Ethics 101.1: 29-47.doi: 10.1007/s10551-010-0706-8
  • Trottier, K. (2011). The effect of reversibility on a manager's decision to record asset impairments.
  • Trottier, K. (2011). What does the market say about say on pay? A look at the Canadian bank experience.


  • Chung, D.Y. & Hrazdil, K. (2010). Liquidity and market efficiency: A large sample study. Journal of Banking and Finance 34.10: 2346-2357.doi:10.1016/j.jbankfin.2010.02.021
  • Emby, C. & Favere-Marchesi, M. (2010). Review partners and engagement partners: The interaction process in engagement quality review. Auditing: A Journal of Practice & Theory 29.2: 215-232.doi: 10.2308/aud.2010.29.2.215
  • Hrazdil, K. (2010). S&P 500 Index inclusion announcements: Does the S&P committee tell us something new? Managerial Finance 36.5: 368-393. doi: 10.1108/03074351011039418
  • Hrazdil, K. & Atanasova, C. (2010). Why do healthy firms choose to freeze their pension plans? Global Finance Journal 21.3: 293-303.
  • Hrazdil, K. & Chung, D.Y. (2010). Liquidity and market efficiency: Analysis of NASDAQ firms. Global Finance Journal 21.3: 262-274.doi: /10.1016/j.gfj.2010.09.004
  • Jermias, J., Leo, L. & Gani, L. (2010). Investigating the impacts of customer satisfaction on firm performance. GAMA International Journal of Business 11.3.


  • Chung, D.Y., Brockman, P. & Perignon, C. (2009). Commonality in liquidity: A global perspective. Journal of Financial and Quantitative Analysis 44.6: 851-882.
  • Chung, D.Y., Brockman, P. & Yan, X.S. (2009). Block ownership, trading activity, and market liquidity. Journal of Financial and Quantitative Analysis 44.6: 1403-1426.
  • Emby, C. (2009). Probabilistic reasoning in multiple hypothesis revision in auditing. Advances in Accounting Behavioral Research 12: 85-100. [Journal Abstract]
  • Hrazdil, K. & Scott, T. (2009). S&P 500 Index revisited: Do index inclusion announcements convey information about firms' future performance? Quarterly Journal of Finance & Accounting 48.4: 79-113.
  • Hrazdil, K. (2009). The effect of demand on stock prices: New evidence from S&P 500 weight adjustments. Managerial Finance 35.9: 732-753.  [Journal Abstracts]
  • Hrazdil, K. (2009). The price, liquidity and information asymmetry changes associated with new S&P 500 additions. Managerial Finance 35.7: 579-605.  [Journal Abstracts]
  • Jermias, J. & Gani, L. (2009). Performance implications of environment-strategy-governance misfit. GAMA International Journal of Business 11.1: 1-20.


  • Brockman, P. & Chung, D.Y. (2008). Commonality under market stress: Evidence from an order-driven market. International Review of Economics and Finance 17.2: 179-196.  [Journal Abstract]
  • Brockman, P. & Chung, D.Y. (2008). Investor protection, adverse selection, and the probability of informed trading. Review of Quantitative and Financial Accounting 30.2: 111-131.  [Journal Abstract]
  • Chung, D.Y., Isakov, D. & Perignon, C. (2007). Repurchasing shares on a second trading line. Review of Finance 11.2: 253-285.  [Journal Abstract]
  • Ge, Y. & Chen, Y. (2008). Foreign ownership and productivity of joint ventures. Economic Development and Cultural Change 56.4: 895-920.   [Journal Abstract]
  • Jermias, J. & Setiawan, T. (2008). The moderating effects of hierarchy and control systems on the relationship between budgetary participation and performance. International Journal of Accounting 43.3: 268-292.  [Journal Abstract]
  • Jermias, J. (2008). The relative influence of competitive intensity and business strategy on the relationship between financial leverage and performance. British Accounting Review 40.1: 71-86.   [Journal Abstract]


  • Jermias, J. (2007). The effects of corporate governance on the relationship between innovative efforts and performance. European Accounting Review 16.4: 827-854.   [Journal Abstract]