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

Industry classification; Financial reporting quality; Executive personality; Corporate Social Responsibility reporting

Selected Publications

articles and reports

Hrazdil, K., Kim, J. B., Kim, J. B., Willeboordse, F. H., & Willeboordse, F. H. (2024). Systematic bias in citing practices: evidence from accounting journal additions to the FT list. Scientometrics. http://doi.org/10.1007/s11192-024-05168-z

Hrazdil, K., Liang, Y., Ruan, L., & Song, H. (2024). Generalist CEOs and conditional accounting conservatism. Journal of Business Finance and Accounting, 51(7-8), 1693-1723. http://doi.org/10.1111/jbfa.12761

Hrazdil, K., Anginer, D., Li, J., & Zhang, R. (2024). Climate Reputation and Bank Loan Contracting. Journal of Business Ethics, 192(4), 875-896. http://doi.org/10.1007/s10551-023-05517-7

Gordon, I. M., Hrazdil, K., & Spector, S. (2024). The Gender Pay Gap in Academia: Evidence from the Beedie School of Business. Administrative Sciences, 14(5). http://doi.org/10.3390/admsci14050103

Hrazdil, K., Simunic, D. A., & Suwanyangyuan, N. (2024). Auditor Choice and the Informativeness of 10-K Reports. Journal of Accounting Auditing and Finance, 39(2), 388-413. http://doi.org/10.1177/0148558X211062430

Hrazdil, K., Li, J., Lobo, G., & Zhang, R. (2024). CFO facial beauty and bank loan contracting. Accounting and Finance, 64(1), 975-1009. http://doi.org/10.1111/acfi.13168

Hrazdil, K., Lobo, G., Zhang, R., & Zhang, W. (2024). The effect of addback statutes on CEO compensation. Accounting and Finance. http://doi.org/10.1111/acfi.13349

Hrazdil, K., Kim, J. B., Li, X., Li, X., & Li, X. (2023). The Effect of the Security and Exchange Commission’s Investigations into Corporate Social Responsibility Performance. Sustainability Switzerland, 15(19). http://doi.org/10.3390/su151914378

Hrazdil, K., Simunic, D. A., Spector, S., & Suwanyangyuan, N. (2023). Top executive gender diversity and financial reporting quality. Journal of Contemporary Accounting and Economics, 19(2). http://doi.org/10.1016/j.jcae.2023.100363

Hrazdil, K., Kim, J. B., Novak, J., & Zatzick, C. (2023). Managerial risk aversion and the structure of executive compensation. Corporate Governance an International Review, 31(4), 563-581. http://doi.org/10.1111/corg.12480

Hrazdil, K., & Novak, J. (2023). Executive personality and the gender pay gap. Finance Research Letters. http://doi.org/10.1016/j.frl.2023.103672

Hrazdil, K., Kim, J. B., Tong, L., Zhang, M., & Zhang, M. (2022). How Does Market Competition Affect Shareholder Voting? Evidence from Branching Deregulation in the U.S. Banking Market. Journal of Risk and Financial Management, 15(9). http://doi.org/10.3390/jrfm15090387

Hrazdil, K., Li, C., Suwanyangyuan, N., & Suwanyangyuan, N. (2022). CEO happiness and forecasting. Global Finance Journal, 52. http://doi.org/10.1016/j.gfj.2022.100713

Hrazdil, K., Kim, J., & Li, C. (2022). Customers’ Risk Tolerance and Suppliers’ Investment Inefficiency. Journal of Risk and Financial Management, 15(2). http://doi.org/10.3390/jrfm15020063

Hrazdil, K., Kim, J. B., & Li, X. (2022). How do chief executive officers with pilot status navigate through corporate social responsibility? Applied Economics, 54(47), 5460-5475. http://doi.org/10.1080/00036846.2022.2047595

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

Gordon, I. M. M., Hrazdil, K., Jermias, J., & Li, C. (2021). The Effect of Misalignment of CEO Personality and Corporate Governance Structures on Firm Performance. Journal of Risk and Financial Management, 14(8). http://doi.org/10.3390/jrfm14080375

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

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

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

Chung, D. Y., 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

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., Hrazdil, K., & Suwanyangyuan, N. (2016). Disclosure quantity and the efficiency of price discovery Evidence from the Toronto Stock Exchange. Review of Accounting and Finance, 15(2), 122-143. http://doi.org/10.1108/RAF-06-2015-0081

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

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

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

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

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

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