More from Accounting News


Recapping the 2019 McGill Accounting Research Conference

The 2019 McGill Accounting Research Conference (MARC), organized by professors Hongping Tan, Dongyoung Lee, and Jingjing Zhang at the Desautels Faculty of Management, elevated the status of McGill as one of the major research hubs in Canada.

Published: 7 Jun 2019

Teaching excellence celebrated at Desautels convocation

Congratulations to Amanda Abrams, Faculty Lecturer, and Elliot Lifson, Professor of Practice and Desautels Faculty Advisory Board member, who were honored at McGill’s Management Convocation ceremony for their excellence in teaching at the undergraduate and graduate levels respectively.

Published: 29 May 2019

Celebrating excellence in teaching at Desautels

Across programs and subject areas, the Desautels Faculty of Management recognizes the vital role that teaching plays in enriching the student experience and in inspiring the next generation of leaders.

On May 16, the Desautels community gathered to recognize faculty who have gone above and beyond in their teaching. Congratulations to the following recipients of the 2018-19 teaching awards!

Published: 21 May 2019

Dongyoung Lee, Jingjing Zhang and Hongping Tan awarded 2018 SSHRC Connection Grant

Congratulations to Dongyoung Lee, Assistant Professor in Accounting, Jingjing Zhang, Assistant Professor in Accounting, and Hongping Tan, Associate Professor in Accounting, awarded 2018 SSHRC Connection Grant - 2019 Financial Accounting Research Conference: “Ac

Published: 15 Apr 2019

Professor Tsang honored at Bravo 2019

Professor Desmond Tsang was recently honored at the Bravo 2019 gala for his recognition by REAL as a top real estate researcher for a second consecutive year.

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Published: 28 Mar 2019

Prof. Wenzel named best reviewer

Professor Brian Wenzel has been awarded the 2018 AJFS Best Reviewer Award on behalf of Korean Securities Association and Asia-Pacific Journal of Financial Studies.

The award recognizes specifically Professor Wenzel’s outstanding review of an article submission to the Journal in the Corporate Finance area.

Published: 26 Feb 2019

The Effects of Analyst‐Country Institutions on Biased Research: Evidence from Target Prices

Authors: Mark T. Bradshaw, Alan G. Huang, Hongping Tan

Publication: Journal of Accounting Research, Forthcoming


Prior research demonstrates that a strong institutional infrastructure in a country moderates self‐serving behavior of market participants. Cross‐country economic activities have increased significantly, presenting a research opportunity to examine the relative influence of local versus foreign institutional infrastructure on individual market participants. We utilize variation in analyst‐country location relative to covered firm location to examine institutional determinants of optimism in analyst research. Focusing on target prices, where persistent optimism is well documented, we find that analysts domiciled in countries with stronger institutional infrastructures exhibit significantly attenuated target price optimism and more value‐relevant target prices. Our results demonstrate the importance of domestic country‐level institutional factors in moderating self‐serving behavior of market participants engaged in cross‐country activities.

Published: 15 Nov 2018

Winning at a Losing Game? Side-Effects of Perceived Tournament Promotion Incentives in Audit Firms

Authors: Jorien Pruijssers, Pursey Pmar Heugens and Hans J. Van Oosterhout

Publication: Journal of Business Ethics, Forthcoming


Published: 12 Sep 2018

Spring 2018 Convocation photos

Professor Desmond Tsang and Professor David Schumacher were selected as recipients of the 2017‐18 Desautels Distinguished Teaching Award for Undergraduate and Graduate teaching, respectively.

Their awards were officially presented at the May 31st Convocation Ceremony.

Published: 6 Jun 2018

2017‐18 Desautels Distinguished Teaching Award for Undergraduate and Graduate teaching

The Desautels Faculty of Management is pleased to announce that Professor Desmond Tsang and Professor David Schumacher have been selected as recipients of the 2017‐18 Desautels Distinguished Teaching Award for Undergraduate and Graduate teaching, respectively.

Published: 26 Apr 2018

Demystifying business school rankings

Professor Steve Fortin, Associate Dean Masters Programs at the Desautels Faculty of Management, sat down with La Presse to discuss the hot topic of rankings, touching on what the influencing factors are, and why it is not always the most reliable way to evaluate the quality of a business school.

Published: 11 Apr 2018

Marketing Campaign: Who's behind Desautels?

How does firm location affect the reliability of a company's financials?

Learn more about how Desautels professors are behind some of the most unique research projects in the world.

Published: 5 Mar 2018

Six BCom students awarded CPA Quebec scholarships

Congratulations to the six Desautels undergraduate students who were awarded scholarships by the Foundation of CPAs of Quebec.

The scholarships, valued at $1,000 each, recognize academic excellence and community involvement among students in Quebec who are interested in pursuing accounting.

This year’s recipients are: Nicole Butkowsky; Chaeyoung Lee; Shannon Levy; Sateesh Pararajasingham; Nathalie Shen-Picotte and Elizabeth Tkach.

Published: 27 Feb 2018

Professor Tsang named among top real estate researchers

The Real Estate Academic Leadership (REAL) ranking for 2013-2017 has placed Professor Desmond Tsang in the 34th position among the top real estate researchers worldwide. This is the second consecutive year that Professor Tsang has placed on this list.

Published: 14 Feb 2018

Influential Chief Marketing Officers and Management Revenue Forecasts

Authors: David S. Koo and Dongyoung Lee

Publication: The Accounting Review, Forthcoming


We examine the role of the chief marketing officer (CMO) in corporate voluntary disclosure of future revenues. Using a sample of S&P 1500 firms for the period from 2003 to 2011, we find that the presence of an influential CMO in top management is positively associated with the likelihood of a firm's issuing a management revenue forecast. We also find that firms with an influential CMO provide more accurate revenue forecasts than other firms. These findings extend to long-window change analyses and are robust to the use of a propensity-score matched-pair approach. Overall, the results are consistent with the notion that CMO influence in top management appears to play an important role in voluntary revenue disclosures.

Read abstract: The Accounting Review

Published: 8 Feb 2018