Karel Hrazdil

Professor, Accounting

Area Coordinator, Accounting

Burnaby

Room: WMC 3361

Phone: 778.782.6790

Segal

Room: SGL 3615

Phone: 778.782.6516

Email: karel_hrazdil@sfu.ca

Curriculum Vitae: View

Credentials

B. Comm., University of Alberta, PhD, University of Alberta, CPA, CGA (British Columbia)

Biography

Professor Karel Hrazdil, who joined the Beedie School of Business in August 2007, comes from a long family line of professors. Originally from the Czech Republic, Hrazdil moved to Canada in 1997 to complete his education, graduating with a PhD in accounting from the University of Alberta (UA) in 2007. He enjoys teaching as well as researching financial accounting and reporting in capital markets. A sports enthusiast, Hrazdil enjoys Judo (holds a black belt), scuba diving (PADI Divemaster), and skiing. He also regularly competes in tournaments in Racketlon, which combines the four most popular racquet sports in a single match (table tennis, badminton, squash and tennis).

Research Interests

Price formation process (market microstructure); Industry classification; Financial reporting quality

Selected Publications

articles and reports

Hrazdil, K., Simunic, D. A., & Suwanyangyuan, N. (2021). Auditor Choice and the Informativeness of 10-K Reports. Journal of Accounting, Auditing & Finance. http://doi.org/10.1177/0148558X211062430

Hrazdil, K., Mahmoudian, F., & Nazari, J. A. (2021). Executive personality and sustainability: Do extraverted chief executive officers improve corporate social responsibility? Corporate Social Responsibility and Environmental Management, 28(6), 1564-1578. http://doi.org/10.1002/csr.2116

Mahmoudian, F., Nazari, J. A., Gordon, I. M. M., & Hrazdil, K. (2021). CEO personality and language use in CSR reporting. Business Ethics, the Environment & Responsibility, 30(3), 338-359. http://doi.org/10.1111/beer.12347

Hrazdil, K., Kim, J. B., & Li, X. (2021). What shapes CSR performance? Evidence from the changing enforceability of non-compete agreements in the United States. Review of Financial Economics, 39(3), 334-359. http://doi.org/10.1002/rfe.1132

Hrazdil, K., Simunic, D. A., & Suwanyangyuan, N. (2020). Are the Big 4 audit firms homogeneous? Further evidence from audit pricing. International Journal of Auditing, 24(3), 347-365. http://doi.org/10.1111/ijau.12198

Hrazdil, K., Novak, J., Rogo, R., Wiedman, C., & Zhang, R. (2020). Measuring executive personality using machine-learning algorithms: A new approach and audit fee-based validation tests. Journal of Business Finance and Accounting, 47(3-4), 519-544. http://doi.org/10.1111/jbfa.12406

Nazari, J. A., Hrazdil, K., & Mahmoudian, F. (2017). Assessing social and environmental performance through narrative complexity in CSR reports. Journal of Contemporary Accounting and Economics, 13(2), 166-178. http://doi.org/10.1016/j.jcae.2017.05.002

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

Chung, D. Y., & Hrazdil, K. (2015). The impact of trading floor closure on market efficiency: evidence from the Toronto Stock Exchange. Applied Economics, 47(56), 6102-6119. http://doi.org/10.1080/00036846.2015.1064079

Hrazdil, K., Trottier, K., & Zhang, R. (2014). An intra- and inter-industry evaluation of three classification schemes common in capital market research. Applied Economics, 46(17), 2021-2033. http://doi.org/10.1080/00036846.2014.892200

Chung, D., Hrazdil, K., & Trottier, K. (2014). Industry classification and the efficiency of intra-industry information transfers. American Journal of Business, 29(1), 95-111. http://doi.org/10.1108/AJB-03-2013-0014

Hrazdil, K., & Scott, T. (2013). The role of industry classification in estimating discretionary accruals. Review of Quantitative Finance and Accounting, 40(1), 15-39. http://doi.org/10.1007/s11156-011-0268-6

Hrazdil, K., Trottier, K., & Zhang, R. (2013). A comparison of industry classification schemes: A large sample study. Economics Letters, 118(1), 77-80. http://doi.org/10.1016/j.econlet.2012.09.022

Chung, D. Y., & 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

Hrazdil, K., & Zhang, R. (2012). The importance of industry classification in estimating concentration ratios. Economics Letters, 114(2), 224-227. http://doi.org/10.1016/j.econlet.2011.10.001

Chung, D. Y., & 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

Atanasova, C., & Hrazdil, K. (2010). Why do healthy firms freeze their defined-benefit pension plans? Global Finance Journal, 21(3), 293-303. http://doi.org/10.1016/j.gfj.2010.09.006

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

Hrazdil, K. (2010). S&P 500 index inclusion announcements: does the S&P committee tell us something new? Managerial Finance, 36(5), 368-393. http://doi.org/10.1108/03074351011039418

Hrazdil, K., & Scott, T. (2009). S&P 500 index revisited: Do index inclusion announcements convey information about firms' future performance? Quarterly Journal of Finance and Accounting, 48(4), 79-113.