Updated on 2024/01/16

写真b

 
WONG, Leon
 
*Items subject to periodic update by Rikkyo University (The rest are reprinted from information registered on researchmap.)
Affiliation*
College of Economics Department of Accounting and Finance
Title*
Specially Appointed Professor
Contact information
Mail Address
Research Theme*
  • Leon's research interests and areas of expertise are in auditing and financial accounting, especially in the intersection of accounting and capital markets, where his prior work experience in the Singapore stock market is especially relevant.

  • Research Interests
  • Financial accounting

  • Auditing

  • Capital markets

  • Campus Career*
    • 4 2023 - Present 
      College of Economics   Department of Accounting and Finance   Specially Appointed Professor
    • 4 2023 - Present 
      Graduate School of Economics   Master's Program in Economics   Specially Appointed Professor
     

    Research Areas

    • Humanities & Social Sciences / Accounting

    • Humanities & Social Sciences / Money and finance

    Research History

    • 4 2023 - Present 
      Rikkyo University   College of Economics Department of Accounting and Finance   Specially Appointed Professor

      More details

      Country:Japan

      researchmap

    • 7 2006 - 12 2020 
      UNSW Sydney (University of New South Wales)   School of Accounting   Lecturer

      More details

      Country:Australia

      researchmap

    • 7 2006 - 12 2009 
      UNSW Sydney (University of New South Wales)   School of Accounting   PhD candidate (part-time)

      More details

    • 2004 - 6 2006 
      Capital Markets Cooperative Research Centre / University of New South Wales   Accounting   PhD candidate (full-time)

      More details

      Country:Australia

      researchmap

    Education

    • 2004 - 12 2009 
      UNSW Sydney (University of New South Wales)   School of Accounting   PhD

      More details

      Country: Australia

      researchmap

    • 1986 - 1991 
      University of Sydney   Bachelor of Laws

      More details

      Country: Australia

      researchmap

    • 1986 - 1989 
      University of Sydney   Bachelor of Economics (Honours Class I)

      More details

      Country: Australia

      researchmap

    Papers

    • The timing of information arrival and overnight returns

      Leon Wong, Joey Wenling Yang

      Journal of Accounting and Public Policy   107055 - 107055   1 2023

      More details

      Language:English   Publishing type:Research paper (scientific journal)   Publisher:Elsevier {BV}  

      DOI: 10.1016/j.jaccpubpol.2022.107055

      researchmap

    • COVID-19 pivot: a reflection on assessments

      Leon Wong, Yichelle Zhang

      Accounting Research Journal34 ( 3 ) 357 - 362   23 8 2021

      More details

      Language:English   Publishing type:Research paper (scientific journal)   Publisher:Emerald  

      <jats:sec>
      <jats:title content-type="abstract-subheading">Purpose</jats:title>
      <jats:p>The purpose of this paper is to describe certain choices in assessments, in the digital pivot in response to COVID-19.</jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title>
      <jats:p>This paper is a discursive reflection about one’s personal experience and response to COVID-19.</jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-subheading">Findings</jats:title>
      <jats:p>Communicating suggestions of the changes in advance for feedback, consistency in maintaining the same assessment formats and styles, and being available in real-time during key assessment tasks are important in providing assurance and certainty to students in a time of great uncertainty and stress. Anticipating resource constraints will help to avoid potential system fails. Developing assessments that are authentic in using real-world company filings, the answers to which cannot be readily searched on the internet can significantly reduce the risk of cheating, especially where examination supervision resources are unavailable.</jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-subheading">Research limitations/implications</jats:title>
      <jats:p>Course assessment choices may be specific to a particular course and may not be applicable to all courses.</jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-subheading">Practical implications</jats:title>
      <jats:p>Course assessment choices and the rationales for them, may be of applicability to other educators.</jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-subheading">Originality/value</jats:title>
      <jats:p>This note describes the authors’ personal experiences in adapting to the learning and teaching in the COVID environment.</jats:p>
      </jats:sec>

      DOI: 10.1108/arj-08-2020-0232

      researchmap

    • Return windows and the value relevance of earnings

      Wen He, Hwee Tan, Leon Wong

      Accounting & Finance60 ( 3 ) 2549 - 2583   9 2020

      More details

      Language:English   Publishing type:Research paper (scientific journal)   Publisher:Wiley  

      DOI: 10.1111/acfi.12392

      researchmap

    • Is earnings management sensitive to discount rates?

      Jesper Haga, Kim Ittonen, Per C. Tronnes, Leon Wong

      Journal of Accounting Literature41 ( 1 ) 75 - 88   31 12 2018

      More details

      Language:English   Publishing type:Research paper (scientific journal)   Publisher:Emerald  

      <jats:p>We argue that managers’ choice to manage earnings depends on the trade-off in the present value of expected future net benefits associated with that choice. Specifically, we examine if discount rates are associated with the likelihood that managers engage in earnings management to meet or beat various earnings targets. We find that discount rates are positively associated with income-increasing earnings management. This means that managers increase both accrual-based and real earnings management when discount rates are higher. However, the economic magnitude of this association is relatively moderate.</jats:p>

      DOI: 10.1016/j.acclit.2018.03.001

      researchmap

    • Audit seasonality and pricing of audit services: Theory and evidence from a meta-analysis

      Hooi Ying Ng, Per Christen Tronnes, Leon Wong

      Journal of Accounting Literature40 ( 1 ) 16 - 28   30 6 2018

      More details

      Language:English   Publishing type:Research paper (scientific journal)   Publisher:Emerald  

      <jats:p>Auditing is seasonal, with the majority of U.S. public companies having a December fiscal year-end. This results in an audit “busy season” and “off-season” with a non-trivial seasonal impact on the pricing of audit services. We apply an economic framework that explains how audit seasonality affects both the magnitude and the price elasticity of audit demand and audit supply. We find that the audit busy season is associated with an audit fee premium of approximately 10% based on a meta-analysis of 97 analyses from 18 audit fee studies of U.S public companies. A meta-regression of the contextual differences in research design between studies reveals that examining only Big N attenuates the busy season effect size but does not eliminate it, and that the busy season effect size may be larger post-SOX.</jats:p>

      DOI: 10.1016/j.acclit.2017.11.003

      researchmap

    • Substantial doubt and the entropy of auditors’ going concern modifications

      Kim Ittonen, Per C. Tronnes, Leon Wong

      Journal of Contemporary Accounting & Economics13 ( 2 ) 134 - 147   8 2017

      More details

      Language:English   Publishing type:Research paper (scientific journal)   Publisher:Elsevier {BV}  

      DOI: 10.1016/j.jcae.2017.05.005

      researchmap

    • Ownership, related party transactions and performance in China

      Yezhen Wan, Leon Wong

      Accounting Research Journal28 ( 2 ) 143 - 159   7 9 2015

      More details

      Language:English   Publishing type:Research paper (scientific journal)   Publisher:Emerald  

      <jats:sec>
      <jats:title content-type="abstract-heading">Purpose</jats:title>
      <jats:p> – The purpose of this paper is to investigate the relative performance of state-owned enterprises (SOEs) and privately controlled firms in China, and whether related party transactions (RPTs) add to or subtract from their relative performance, measured by return on assets (ROA). </jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-heading">Design/methodology/approach</jats:title>
      <jats:p> – Univariate and multivariate analyses of a sample of 90 firms that were listed in China between 2007 and 2009 (comprising 45 SOEs and 45 privately controlled firms matched on industry and size). </jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-heading">Findings</jats:title>
      <jats:p> – The authors find that SOEs engage in more tunneling, but find no evidence that privately controlled firms engage to a greater degree in either tunneling or propping. During this period, SOEs outperformed privately controlled firms by almost 4.5 per cent in terms of ROA (unadjusted for RPTs), but their performance advantage was completely offset by tunneling by about 6 per cent of ROA such that they underperformed privately controlled firms by a net 1.5 per cent of ROA. </jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-heading">Research limitations/implications</jats:title>
      <jats:p> – The research is limited by a relatively small sample size, and in measuring the value of RPTs as the total value of the transactions (which is observable) instead of the difference between the transaction prices and arms-length prices (which would be preferable but is not observable). </jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-heading">Practical implications</jats:title>
      <jats:p> – The economics of investing in Chinese firms with different controlling interests and RPTs may be of interest not only to investors and other stakeholders in Chinese firms listed domestically, but also to international investors in overseas and cross-listed Chinese firms. </jats:p>
      </jats:sec>
      <jats:sec>
      <jats:title content-type="abstract-heading">Originality/value</jats:title>
      <jats:p> – This paper synthesizes research from ownership on performance and RPTs on performance, to disentangling the relative effects of ownership control and RPTs on the performance of Chinese publicly listed firms.</jats:p>
      </jats:sec>

      DOI: 10.1108/arj-08-2013-0053

      researchmap

    • Robust anomalies? A close look at accrual-based trading strategy returns

      Stephen Taylor, Leon Wong

      Accounting & Finance52 ( 2 ) 573 - 603   6 2012

      More details

      Language:English   Publishing type:Research paper (scientific journal)   Publisher:Wiley  

      DOI: 10.1111/j.1467-629x.2011.00408.x

      researchmap

    • The Pricing or Mispricing of Earnings Quality in Australia

      Leon Wong

          2009

      More details

      Publishing type:Doctoral thesis  

      researchmap

    ▼display all