Ronald Zhao, Ph.D.

Areas of expertise include financial reporting, international accounting standard, financial institution disclosure, and accounting theory.

Books

Accounting for Lawyers, coauthored with W. Wang, Beijing: China University of Political Science and Law Press (2003).Venture Capital: Theory and Practice, coauthored with S. Li and Z. Yu, Shanghai: Shanghai University of Finance and Economics Press (2001).

Scholarly Articles

“Accounting Standard for Research and Development Costs,” The Hong Kong Accountant, Nov/Dec:57-62 (1995).

“Environmental Performance and Reporting: Perceptions of Managers and Accounting Professionals in Hong Kong,” coauthored with B. Jaggi, International Journal of Accounting, 31:333-346 (1996).

“Effect on Cash Flows and Security Returns of an Allocation of R & D Costs between Capitalization and Expense“, coauthored with B. Horwitz, Journal of Financial Statement Analysis, 3:5-14 (1997).

“A Bank Failure Prediction Model Based on Bank Operations Profile,” coauthored with D. Clancy, Asia-Pacific Journal of Accounting, 16:255-274 (1999).

“An Emerging Market’s Reaction to Initial Modified Audit Opinion: Evidence from the Shanghai Stock Exchange,” coauthored with C. Chen and X. Su, Contemporary Accounting Research, 17:429-455 (2000).

“Impact of Ownership and Competition on the Productivity of Chinese Enterprises,” coauthored with A. Zhang and Y. Zhang, Journal of Comparative Economics, 29:327-346 (2001).

“Economic Consequences of the Cancellation of Inner Reserves for Hong Kong Banks,” coauthored with S. Leung, Review of Quantitative Finance and Accounting, 17:45-62 (2001).

“Relative Value Relevance of R & D Reporting: An International Comparison,” Journal of International Financial Management and Accounting, 13:153-174 (2002).

“Information Content of Earnings and Earnings Components of Commercial Banks: Impact of SFAS No. 115,” coauthored with B. Jaggi, Review of Quantitative Finance and Accounting, 18:405-421 (2002).

“Profitability and Productivity of Chinese Industrial Firms: Measurement and Ownership Implications,” coauthored with A. Zhang and Y. Zhang, China Economic Review, 13:65-88 (2002).

“The Role of Market-Based Financing in R & D Commercialization: Case Study of a Chinese Biotechnology Research Institute,” China Venture Capital, 1:20-30 (2002).

“Transition in R & D Management Control System: Case Study of a Chinese Biotechnology Research Institute,” Journal of High Technology Management Research, 14:213-229 (2003).

“Risk under ‘One Country and Two Systems’: Evidence from Classes A, B, and H Shares of Chinese Listed Companies,” coauthored with Y. Zhang, Review of Pacific Basin Financial Markets and Policies, 6:179-197 (2003).

“A Study of the R & D Efficiency and Productivity of Chinese Firms,” coauthored with A. Zhang and Y. Zhang, Journal of Comparative Economics, 31:444-464 (2003).

“Corporate Governance and Firm Performance: Some Evidence from Chinese Listed Companies,” Asia-Pacific Journal of Accounting and Economics, 10:187-201 (2003).

“The Valuation Differential between Class A and B Shares: Country Risk in the Chinese Stock Market,” coauthored with Y. Zhang, Journal of International Financial Management and Accounting, 15:44-59 (2004).

“The Impact of SFAS No. 114 on the Linear Information Dynamic for Commercial Banks,” coauthored with Y. He, Review of Quantitative Finance and Accounting, 23:313-328 (2004).

“The Impact of Family and Bank Ownership on Accounting Information Content: Evidence from France,” coauthored with B. Reyes, Journal of International Financial Management and Accounting, 18:223-246 (2007).”International Variation in Bank Accounting Information Content,” coauthored with Y. He, Journal of International Financial Management and Accounting, 19:236-260 (2008).

• Scholarship Award of Leon Hess Business School, Monmouth University, 2003
• Finalist for Institute of Management Accountants Doctorate Dissertation Award, 1994
• B. E. Needles, Jr. Doctoral Fellowship, Texas Tech University, 1993
• Doctoral Fellowship, Texas Tech University, 1990-92
• J. F. Riddle Fellowship, Yale School of Management, 1987