Biography
Professor Yu Kit “Simon” Fung is a Professor in the Department of Accounting in Deakin Law School. Simon's research primarily focuses on the quality and use of financial accounting information in capital market decisions, amid the prevalence of information asymmetries in US and international financial markets. His works follow a theme surrounding the concept of the quality of financial disclosures as a mechanism to ensure the protection of capital providers, which is a joint outcome of the financial statement attributes, management incentives, the quality of the information intermediaries (such as auditors and securities analysts), and other corporate governance mechanisms. Simon’s papers are published in journals such as The Accounting Review, Journal of Accounting and Economics, Contemporary Accounting Research, Management Science, Journal of International Business Studies, Accounting, Organizations, and Society, Journal of Accounting and Public Policy, among others.
Simon’s objective of teaching in professional accounting is to produce graduates that are professionally competent as well as ready for employment. He believes that proper teaching involves not simply the delivery of updated and technically relevant contents, but more importantly the cultivation of an inquisitive mind as well as the appropriate learning attitude in an upright manner. These qualities enable the student not only to contribute positively to the society and the employing entity but also to live as a respectable member of the society with the ability to learn independently and persistently beyond the curriculum of their professional fields.
He has also contributed to the University through various works and appointments that could raise the presence and reputation of the Department and the University, such as involvements in local and international accreditation exercises and research collaborations with international academic institutions.
Read more on Simon's profileResearch interests
- Financial Accounting
- Effects of Regulations
- Auditing
Affiliations
- Associate Editor, Journal of Contemporary Accounting and Economics.
- Member, Certified Management Accountant (CMA)
- Subject Specialist in accounting and finance, Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ)
- External examiner for accounting and finance subjects, Li Ka Shing Institute of Professional and Continuing Education, Open University of Hong Kong
Teaching interests
- Advanced Auditing
- Professional Research and Analysis
- Management Accounting
Units taught
CAF005 - Management Accounting (Professional)
MAA262 - Management Accounting (Undergraduate)
MAA703 - Accounting for Management (Taught Postgraduate)
MAA753 - Professional Research and Analysis (Taught Postgraduate)
MAA906 - Contemporary Isues in Accounting (Research Postgraduate)
MAA907 - Advanced Auditing (Research Postgraduate)
Professional activities
Awards
- Ideas (RESEARCH) for top-tier publication excellence, Faculty of Business and Law, 2017.
Projects
- Economics of Financial Information Intermediaries
- Effects of Corporate Governance Regulations
- Political Economy and Corporate Political Activities
Publications
Is more always better? Information acquisition and stock price crash risk
S Fung, A Jain, M Tiwari
(2024), Vol. 236, pp. 1-4, Economics Letters, Amsterdam, The Netherlands, C1
Improving the Effectiveness of Diverse Corporate Boards through Communication, and Coordination.
Samuel Cheung, Simon Fung
(2023), pp. 263-281, Why Diversity, Equity, and Inclusion Matter: Challenges and Solutions, Singapore, B1
S Fung, L Jiang, J Pittman, Y Wang, S Zhang
(2023), Vol. 40, pp. 1823-1855, Contemporary Accounting Research, London, Eng., C1
Exogenous Loss of Analyst Coverage and Choice of Audit Quality
Simon Fung, Zheng Wang, Liandong Zhang, Xindong Zhu
(2023), Vol. 37, pp. 71-92, Accounting Horizons, Lakewood Ranch, Fla., C1
Clawback Adoptions and Management Earnings Forecasts
S Fung, K Raman, L Sun, L Xu
(2023), pp. 1-30, European Accounting Review, London, Eng., C1
The Valuation Effect and Consequences of Clawback Adoption in Real Estate Investment Trusts
D Peng, J Shen, S Fung, E Hui, K Fan
(2022), Journal of Real Estate Finance and Economics, Berlin, Germany, C1
S Fung, V Pham, K Raman
(2022), Vol. 59, pp. 1133-1171, Review of Quantitative Finance and Accounting, Berlin, Germany, C1
Can shareholders be at rest after adopting clawback provisions? Evidence from stock price crash risk
D Bao, S Fung, L Su
(2018), Vol. 35, pp. 1578-1615, Contemporary accounting research, Chichester, Eng., C1
S Fung, K Raman, X Zhu
(2017), Vol. 64, pp. 15-36, Journal of accounting and economics, Amsterdam, The Netherlands, C1
Monitor objectivity with important clients: evidence from auditor opinions around the world
S Fung, G Zhou, X Zhu
(2016), Vol. 47, pp. 263-294, Journal of international business studies, London, Eng., C1
S Fung
(2016), Vol. 56, pp. 205-215, Accounting and finance, Richmond, Vic., C1
Corporate political connections and the 2008 Malaysian election
Y Fung, F Gul, S Radhakrishnan
(2015), Vol. 43, pp. 67-86, Accounting, organizations and society, Amsterdam, The Netherlands, C1-1
Insider sales and the effectiveness of clawback adoptions in mitigating fraud risk
S Fung, K Raman, L Sun, L Xu
(2015), Vol. 34, pp. 417-436, Journal of accounting and public policy, New York, N.Y., C1-1
Investment banks' entry into new IPO markets and IPO underpricing
Y Fung, F Gul, S Radhakrishnan
(2014), Vol. 60, pp. 1297-1316, Management science, Hanover, Md., C1-1
Investor legal protection and earnings management : a study of Chinese H-shares and Hong Kong shares
S Fung, L Su, R Gul
(2013), Vol. 32, pp. 392-409, Journal of accounting and public policy, Amsterdam, The Netherlands, C1-1
Short-term debt maturity, monitoring and accruals-based earnings management
S Fung, J Goodwin
(2013), Vol. 9, pp. 67-82, Journal of contemporary accounting and economics, London, Eng., C1-1
City-level auditor industry specialization, economies of scale, and audit pricing
S Fung, F Gul, J Krishnan
(2012), Vol. 87, pp. 1281-1307, Accounting review, Ann Arbor, Mich., C1-1
Discussion of "Management accounting information systems in a developing country"
S Fung
(2012), Vol. 19, pp. 115-118, Asia-Pacific journal of accounting and economics, Abingdon, Eng., C1-1
Price divergence from fundamental value and the value relevance of accounting information
S Fung, L Su, X Zhu
(2010), Vol. 27, pp. 829-854, Contemporary accounting research, Hoboken, N.J., C1-1
Earnings quality : some evidence on the role of auditor tenure and auditors' industry expertise
F Gul, S Fung, B Jaggi
(2009), Vol. 47, pp. 265-287, Journal of accounting and economics, Amsterdam, Netherlands., C1-1
Funded Projects at Deakin
No Funded Projects at Deakin found
Supervisions
On Ki Sung
Thesis entitled: An International Study on Index Creation and Corporate Behaviors
Doctor of Philosophy, Department of Accounting
Xiaoran Cao
Thesis entitled: Essays on contemporary agency-based auditing research: Partner and firm-level evidence
Doctor of Philosophy, Department of Accounting