Dennis Chung

Professor, Accounting

Burnaby

Room: WMC 3375

Phone: 778.782.4355

Email: dychung@sfu.ca

Credentials

B.Comm. (U.Manitoba), M.Sc. (U.Sask), Ph.D.(U.Alberta), CPA, CA

Biography

Dennis Chung completed his PhD at the University of Alberta. He is a Canadian Chartered Professional Accountant and has previously taught at Clarkson University, the Hong Kong Polytechnic University, the University of Manitoba, and the University of Saskatchewan. He also worked in public practice during the early 1980s with the firm Deloitte Haskins & Sells.

His work has appeared in journals such as Contemporary Accounting Research, Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, Journal of Empirical Finance, Journal of Financial Research and Financial Review.

Research Interests

Liquidity, Investor Protection, Market Behaviour

Selected Publications

articles and reports

Chung, D., Hrazdil, K., Novak, J., & Suwanyangyuan, N. (2019). Does the Large Amount of Information in Corporate Disclosures Hinder or Enhance Price Discovery in the Capital Market? Journal of Contemporary Accounting and Economics, 15(1), 36-52. http://doi.org/10.1016/j.jcae.2018.12.001

Brockman, P., Chung, D., & Shaw, K. W. (2017). The R&D-abnormal return anomaly: A transaction cost explanation. Review of Quantitative Finance & Accounting, 48(2), 385-406. http://doi.org/10.1007/s11156-016-0555-3

Chung, D., Hrazdil, K., & Trottier, K. (2015). On the efficiency of intra-industry information transfers: The dilution of the overreaction anomaly. Journal of Banking & Finance, 60(November), 153-167. http://doi.org/10.1016/j.jbankfin.2015.08.013

Chung, D., & Hrazdil, K. (2012). Speed of convergence to market efficiency: The role of ECNs. Journal of Empirical Finance, 19(5), 702-720. http://doi.org/10.1016/j.jempfin.2012.08.006

Chung, D., & Hrazdil, K. (2011). Market efficiency and the post-earnings announcement drift. Contemporary Accounting Research, 28(3), 926-956. http://doi.org/10.1111/j.1911-3846.2011.01078.x

Chung, D., & Hrazdil, K. (2010). Liquidity and market efficiency: A large sample study. Journal of Banking & Finance, 34(10), 2346-2357. http://doi.org/10.1016/j.jbankfin.2010.02.021

Brockman, P., Chung, D., & Yan, X. S. (2009). Block ownership, trading activity, and market liquidity. Journal of Financial & Quantitative Analysis, 44(6), 1403-1426. http://doi.org/10.1017/S0022109009990378

Brockman, P., Chung, D., & Perignon, C. (2009). Commonality in liquidity: A global perspective. Journal of Financial & Quantitative Analysis, 44(4), 851-882. http://doi.org/10.1017/S0022109009990123

Brockman, P., & Chung, D. (2008). Commonality under market stress: Evidence from an order-driven market. International Review of Economics & Finance, 17(2), 179-196. http://doi.org/10.1016/j.iref.2007.06.002

Brockman, P., & Chung, D. (2008). Investor protection, adverse selection, and the probability of informed trading. Review of Quantitative Finance & Accounting, 30(2), 111-131. http://doi.org/10.1007/s11156-007-0049-4

Chung, D., Isakov, D., & Perignon, C. (2007). Repurchasing shares on a second trading line. Review of Finance, 11(2), 253-285. http://doi.org/10.1093/rof/rfm006

Brockman, P., & Chung, D. (2006). Index inclusion and commonality in liquidity: Evidence from the stock exchange in Hong Kong. International Review of Financial Analysis, 4(5), 291-305. http://doi.org/10.1016/j.irfa.2005.09.003

Brockman, P., & Chung, D. (2003). The inter-temporal behavior of informed and uninformed traders. Review of Quantitative Finance & Accounting, 21(3), 251-265. http://doi.org/10.1023/A:1027336414897

Brockman, P., & Chung, D. (2003). Investor protection and firm liquidity. Journal of Finance, 58(2), 921-937. http://doi.org/10.1111/1540-6261.00551

Brockman, P., & Chung, D. (2002). Commonality in liquidity: Evidence from an order-driven market structure. Journal of Financial Research, 25(4), 521-539. http://doi.org/10.1111/1475-6803.00035

Brockman, P., & Chung, D. (2002). The impact of informed trading on corporate liquidity. Journal of Multinational Financial Management, 12(3), 239-259. http://doi.org/10.1016/S1042-444X(01)00053-6

Brockman, P., & Chung, D. (2001). Managerial timing and corporate liquidity: Evidence from actual share repurchases. Journal of Financial Economics, 61(3), 417-448. http://doi.org/10.1016/S0304-405X(01)00068-X

Brockman, P., & Chung, D. (2000). An empirical investigation of trading on asymmetric information and heterogeneous prior beliefs. Journal of Empirical Finance, 7(5), 417-454. http://doi.org/10.1016/S0927-5398(00)00020-7

Brockman, P., & Chung, D. (2000). Informed and uninformed trading in an electronic, order-driven environment. The Financial Review, 35(2), 125-146. http://doi.org/10.1111/j.1540-6288.2000.tb01417.x

Brockman, P., & Chung, D. (1999). An analysis of depth behavior in an electronic, order-driven environment. Journal of Banking & Finance, 23(12), 1861-1886. http://doi.org/10.1016/S0378-4266(99)00044-8

Brockman, P., & Chung, D. (1999). Bid-Ask spread components in an order-driven environment. Journal of Financial Research, 22(2), 227-246. http://doi.org/10.1111/j.1475-6803.1999.tb00724.x

Chung, D. (1999). The informational effect of corporate lobbying against proposed accounting standards. Review of Quantitative Finance & Accounting, 12(3), 243-269. http://doi.org/10.1023/A:1008374831913

Brockman, P., & Chung, D. (1998). Inter- and intra-day liquidity patterns on the stock exchange of Hong Kong. Journal of International Financial Markets, Institutions and Money, 8(3-4), 279-300. http://doi.org/10.1016/S1042-4431(98)00040-7

Chung, D., & Lee, J. (1998). Ownership structure and trading volume reaction to earnings announcements: Evidence from Japan. Pacific-Basin Finance Journal, 6(1-2), 45-60. http://doi.org/10.1016/S0927-538X(98)00004-3

Chung, D., & Lindsay, D. (1988). Pricing of audit services: The Canadian perspective. Contemporary Accounting Research, 5(1), 19-46. http://doi.org/10.1111/j.1911-3846.1988.tb00693.x