Stephen Gong | 教职员工 | 澳门尼威斯人网站8311 (XJTLU)

Profile

Prof. Stephen Gong joined International Business School Suzhou at XJTLU in 2018. Previously he taught at the University of Auckland Business School and the Hong Kong Polytechnic University for many years. His research covers broad areas of accounting, finance and applied economics. His recent publications have appeared in internationally leading and reputable journals, including Journal of Corporate Finance; Journal of Accounting, Auditing and Finance; British Accounting Review; Accounting Horizons; International Review of Finance; Finance Research Letters; Pacific Economic Review; Transportation Research Part E; Transport Policy; and Transport Reviews, among others.

Stephen's current research centers around the role of the media in accounting and finance, corporate disclosure, corporate governance, corporate investment, and the Chinese economy. Other interests include FinTech, infrastructure investment and finance, logistics/supply chain management, and urban (in particular transportation and real estate) economics. In the last ten years Stephen obtained external competitive grants totaling over 2 million Hong Kong dollars (funded by the Research Grants Council of the HKSAR, and the National Natural Science Foundation of China).

Prior to joining academia Stephen had several years of industry experience in China and overseas. He has consulted for government agencies and international organizations and provided corporate training in the areas of transport logistics and international trade. He serves on the Editorial Board of international refereed journals and reviews for numerous scientific journals and conferences.

Qualifications
- MSc., City University Business School, London, UK
- PhD, Hong Kong Polytechnic University
Experience
- Lecturer, Hong Kong Polytechnic University (two different departments), 1997-2006
- Assistant Professor, School of Accounting and Finance, Hong Kong Polytechnic University, 2006-2016
- Senior Lecturer (top scale), University of Auckland Business School, 2016-2018
- Professor, XJTLU, 2018 to present
Research interests
- My research interests cover various aspects of information economics and agency theory in accounting and finance. Some specific topics are listed below. I welcome PhD students and visiting scholars to get in touch.
- FinTech
- Role of the media
- Auditing
- Corporate governance (Board of Directors, executive compensation)
- Investment efficiency
- Corporate disclosure
- Financial reporting and capital markets
- Textual analysis in accounting and finance
- Real estate economics
- Urban economics and regional science
- Infrastructure investment and finance
- Chinese economy
Articles
- Gong, S.X, Shan, L., Yu, L. (2022). The impact of regional economic incentives on underwriters’ market share in China. China Accounting and Finance Review, accepted and forthcoming.
- Social Network, Corporate Governance, and Rent Extraction in CEO Compensation: Evidence from Spatial Econometric Models. The British Accounting Review, accepted and forthcoming.
- The Impact of Anti-corruption Investigations on Stock Price Crash Risk: Evidence from the Crackdown on ‘Tigers’ in China. Emerging Markets Finance and Trade, forthcoming.
- J.J. Chen, Cheng, X., Gong, S.X., & Tan, Y. (2020) Project-Level Disclosure and Investment Efficiency: Evidence From China. Journal of Accounting, Auditing & Finance, forthcoming.
- Gong, S.X., Gul, F.A., & Shan, L. (2018). Do Auditors Respond to Media Coverage? Evidence from China. Accounting Horizons, 32(3), 169-194.
- Kan, S., & Gong, S.X. (2018). Does High Stock Return Synchronicity Indicate High or Low Price Informativeness? Evidence from a Regulatory Experiment. International Review of Finance, 18(4), 523-546 (Lead article).
- Chen, J. J., Cheng, X., Gong, S. X., & Tan, Y. (2017). Implications of Political Patronage and Political Costs for Corporate Disclosure: Evidence From the Shanghai Pension Corruption Scandal. Journal of Accounting, Auditing & Finance, 32 (1), 92-122.
- Chen, J. J., Cheng, X., Gong, S. X., & Tan, Y. (2014). Do higher value firms voluntarily disclose more information? Evidence from China. The British Accounting Review, 46 (1), 18-32.
- Lin, G., Li, Y., & GONG, S. (2014) How Do Financial Newspapers Present Information? A Comparative Study of 21st Century Economic News and China Securities Journal. Modern Communication, Vol. 214, 57-63. [林功成, 李莹, 龚细和 (2014). 财经报纸如何呈现信息—基于《21 世纪经济报道》和《中国证券报》的研究. 现代传播, 2014 年第5 期( 总第214 期), 57-63.]
- Firth, M., Gong, S. X., & Shan, L. (2013). Cost of government and firm value. Journal of Corporate Finance, 21, 136-152.
- Gong, S. X., Ye, H.-Q., & Zeng, Y. Y. (2013). Impacts of the recent financial crisis on ship financing in Hong Kong: a research note. Maritime Policy and Management, 40 (1), 1-9.
- Gong, S. X. H., Cullinane, K., & Firth, M. (2012). The impact of airport and seaport privatization on efficiency and performance: A review of the international evidence and implications for developing countries. Transport Policy, 24, 37-47.
- Shan, L., & Gong, S. X. (2012). Investor sentiment and stock returns: Wenchuan Earthquake. Finance Research Letters, 9 (1), 36-47.
- Cullinane, K., Firth, M., Fung, M. K. Y., Gong, S. X. H., Law, J. S., & Zhang, A. (2011). Development of Air Transport Industry in the Asia-Pacific Region. Pacific Economic Review, 16 (1), 42-46.
- Gong, S. X. H. (2009). Event Study in Transport Research: Methodology and Applications. Transport Reviews, 29 (2), 207-222.
- Gong, S. X. H., Firth, M., & Cullinane, K. (2008). International oligopoly and stock market linkages: The case of global airlines. Transportation Research Part E: Logistics and Transportation Review, 44 (4), 621-636.
- Gong, S. X. H. (2007). Bankruptcy protection and stock market behavior in the US airline industry. Journal of Air Transport Management, 13 (4), 213-220.
- Gong, S. X. H., Firth, M., & Cullinane, K. (2006). Beta Estimation and Stability in the US-Listed International Transportation Industry. Review of Pacific Basin Financial Markets and Policies, 9 (3), 463-490.
- Gong, S. X. H., Firth, M., & Cullinane, K. (2006). The information content of earnings releases by global airlines. Journal of Air Transport Management, 12 (2), 82-91.
- Gong, S. X. H., & Firth, M. (2006). The competitive effects of airline mergers and acquisitions: More capital market evidence. Journal of Air Transportation, 11 (1), 88-105.
- Panayides, P. M., & Gong, X. (2002). The Stock Market Reaction to Merger and Acquisition Announcements in Liner Shipping. International Journal of Maritime Economics, 4 (1), 55-80. (Journal has since been renamed "Maritime Economics and Logistics")
- Cullinane, K., & Gong, X. (2002). The mispricing of transportation initial public offerings in the Chinese mainland and Hong Kong. Maritime Policy and Management, 29 (2), 107-118.
Books, monographs, compilations and manuals
- Gong, S. & Gong, W. (2003). Import-Export Documentation in China. Guangzhou: Guangdong Economic Press (Bilingual in English and Chinese). 《进出口贸易单证指南（英汉对照）》2003年，广东经济出版社出版。 ISBN: 9787806775479.
- Gong, S. & Cullinane, K. (2018). Finance and Risk Management for International Logistics and the Supply Chain. Oxford, United Kingdom: Elsevier. ISBN: 9780128138304.
Chapters, cases, readings and supplements
- Gong, S.X., Ryan, M., & Shi, L. (2023). Executive Compensation in Shipping. In: C. Grammenos (Ed.), New Handbook of Maritime Economics and Business. London: Routledge.
- Gong, S.X, Firth, M., & Cullinane, K. (2005). Choice of Financing and Governance Structures in the Transport Industry: Theory and Practice. In: Lee, T-W and Cullinane, K. (Eds.) World Shipping & Port Development, (pp. 50-75). Basingstoke: Palgrave-Macmillan.
- Panayides, P., & Gong, S. (2002). Mergers and Acquisitions in Liner Shipping. In C. Grammenos (Ed.), The Handbook of Maritime Economics and Business (1st ed.). London: Lloyd's List.
- Panayides, P., Gong, X., & Lambertides, N. (2010). Measuring business performance in shipping. In C. Grammenos (Ed.), The Handbook of Maritime Economics and Business (2nd ed., pp. 625-655). London: Lloyd's List.
- Chen, J. J., & Gong, X. (2012). Corporate governance and initial public offerings in China. In A. Zattoni, & W. Q. Judge (Eds.), Corporate Governance and Initial Public Offerings An International Perspective (pp. 115-140). Cambridge, UK: Cambridge University Press.
- Gong, S. & Cullinane, K. (2018). Introduction. In: Gong, S. & Cullinane, K. (eds.). Finance and Risk Management for International Logistics and the Supply Chain. Oxford, United Kingdom: Elsevier.
- Gong, S. (2018) Supply Chain Finance and Risk Management: A Selective Survey, and Research Agenda. In: Gong, S. & Cullinane, K. (eds.). Finance and Risk Management for International Logistics and the Supply Chain. Oxford, United Kingdom: Elsevier.
- Gong, S. X. H., Firth, M., & Cullinane, K. (2016). Choice of Financing and Governance Structures in Transport Industry: Theory and Practice. In Dynamic Shipping and Port Development in the Globalized Economy (Vol. 1, pp. 150-177).
Grants
- (A total of 8 other university/departmental research projects have been funded, totaling approximately HK$ 500,000. A full list is available on request.)
- GONG, S.X. et al. (RDF, XJTLU, RMB99,000). When Do Auditors Respond to Media Coverage of Clients? XJTLU, 2019-2021
- NGAI, E., GONG, S.X., and others (HKD 499,515)). Enhancing Teaching and Learning of Text Analytics and Sentiment Analysis for Business Students. Faculty‐wide/Cross‐department Learning and Teaching Development Project, the Hong Kong Polytechnic University, 2013-2016.
- PANAYIDES. P.M., GONG, S.X., and SONG, D.W., Internal Competitive Research Grant (HK$ 200,000.00). Market Orientation, Marketing Strategy and Company Performance in International Logistics, the Hong Kong Polytechnic University. 2001-2003
- GONG, S.X. & YE, H., Internal Competitive Research Grant (HK$120,000.00). Ship Financing and Governance Arrangements and the Pricing of Shipping Loans: An Empirical Cross-Country Investigation, the Hong Kong Polytechnic University. 2008-2012.
- GONG, S.X. & GUL, F. A. , GRF (HK$673,754.00), Media Coverage as a Corporate Monitoring Mechanism in China's Stock Market, Research Grants Council of the Hong Kong SAR. 2009-2012.
- GONG, S.X., CHUI, A. & GUL, F. A., GRF (HK$474,080.00), RGC of the Hong Kong SAR. The Role of Qualitative Information in the Stock Price-Earnings Announcement Relationship: Some Comparative Evidence from Hong Kong and Mainland China. 2013-2016.
- GONG, S.X., RFDF (NZ$9,682). Accountability and Governance of Transport Infrastructure Investment in New Zealand. University of Auckland, New Zealand. 2017-2018
- WU, D., GONG, S.X., and others, NSFC (RMB 480,000.00). The Effect of Power Structure and Power Dynamics within Top Management Team of Chinese SOEs on Strategic Choices and Performance. National Natural Science Foundation of China, 2018--.
Professional service activities
- 2022: Reviewer for academic promotions, United International College(UIC), Beijing Normal University-Hong Kong Baptist University
- 2022: External Examiner for PhD and MPhil theses, Hong Kong Polytechnic University
- 2021-Present: Editorial Board Member, Asian Review of Accounting (Emerald Publishing Limited)
- 2019-Present: Editorial Board Member, Maritime Business Review (Emerald Publishing Limited)
- 2016-Present: External Examiner, Queen Mary University of London - Beijing University of Posts and Communications Joint Program
Courses taught
- FIN 903 Research Methods in Accounting and Finance (Semester 1, 2020-2021)
- ACF 443 Equities: Cash and Derivative Instruments (Semester 1, 2019-2020)
- ACF 108 Introduction to Finance (Semester 2, 2019-2020)
- MSc Dissertations
- MAN 303 Final Year Project (2018/2019)
- ACF447 Corporate Financial Management (Semester 1 2018/2019)
Professional memberships
- American Accounting Association
- American Finance Association
- American Economic Association
- International Association of Maritime Economists (IAME)
- Air Transport Research Society (ATRS)
- The World Conference on Transport Research Society (WCTRS)
- Accounting and Finance Association of Australia and New Zealand (AFAANZ)

Stephen GongPhD

Profile

Qualifications

Experience

Research interests

Articles

Books, monographs, compilations and manuals

Chapters, cases, readings and supplements

Grants

Professional service activities

Courses taught

Professional memberships