Biddle, Gary  
 
     
    Prof. Gary Biddle  
 
Professor, Chair of Accounting
PCCW Professor
 
 
 
 
3917 4388
 
 
2858 5614
 
   
 
   
       Academic and Professional Qualifications  
 
  •  Ph.D., University of Chicago
  •  M.B.A., University of Chicago
  •  C.P.A. (USA)
  •  Member, American Institute of Certified Public Accountants (AICPA)
  •  Member, Hong Kong Institute of Certified Public Accountants (HKICPA)
  •  Member, Hong Kong Institute of Directors (HKIoD)
  •  Independent Non-Executive Director of Listed Companies
 
       Biography  
  Professional Experience:
  • PCCW Chair Professor, University of Hong Kong (2007 - present)
  • Dean, Faculty of Business and Economics, University of Hong Kong (2007-2010)
  • Associate Dean, School of Business and Management, Hong Kong University of Science and Technology (2001-2007)
  • Synergis-Geoffey Yeh Chair Professor, Hong Kong University of Science and Technology (2006-2007)
  • Council Member, Court Member and Department Head, Hong Kong University of Science and Technology (1996-2007)
  • Professor, University of Washington (1991-1996)
  • Associate Professor, University of Washington (1984-1991)
  • Assistant Professor, University of Chicago (1980-1984)
  • Independent Non-Executive Director, Shui On Land (2006 - present)
  • Independent Non-Executive Director, Kingdee International Software (2004 - present)
  • Winner of 21 MBA and Executive MBA Teaching Awards
Brief:

Gary C. Biddle is PCCW Professor and Chair of Accounting at University of Hong Kong.  He was awarded M.B.A. and Ph.D. degrees by the University of Chicago, where he also served as professor.  Professor Biddle also has served as Dean of the Faculty of Business and Economics of the University of Hong Kong; as Council Member, Court Member, Department Head and Associate Dean of the School of Business and Management at the Hong Kong University of Science and Technology; as professor at University of Washington; and as visiting professor at China Europe International Business School and IMD Business School in Switzerland.

Professor Biddle is a leading expert in financial and management accounting and his research appears in the world’s leading publications on topics including value creation, performance assessment, financial analysis, earnings measurement, inventory management, cost allocation, auditing, taxation, foreign exchange listings and capital investment efficiency.  He has published and served on the editorial boards of leading journals in the field and his research on EVA® was honored by a Best Paper award by the American Accounting Association and quoted in The Wall Street Journal and CFO Magazine.

Professor Biddle’s more than 40 publications are frequently cited in cutting-edge research in accounting, finance, and economics, and appear in the world’s premier academic journals including Journal of Accounting and Economics, Journal of Accounting Research, The Accounting Review, Management Science, Contemporary Accounting Research, Review of Accounting Studies, Auditing: A Journal of Practice and Theory, Journal of Accounting, Auditing and Finance, Accounting Horizons, Journal of Accounting Literature, Journal of Applied Corporate Finance, Journal of International Financial Management and Accounting, and Journal of International Business Studies, among others.

Professor Biddle is a member of American Accounting Association, American Institute of Certified Public Accountants, Hong Kong Institute of Certified Public Accountants, Hong Kong Institute of Directors, Washington Society of Certified Public Accountants, and he is past President and co-founding Council member of the Hong Kong Academic Accounting Association.  He also has won 21 teaching awards and is the first faculty member to win “Professor of the Year” honors twice from the world’s top-ranked EMBA program (Financial Times).

Professor Biddle serves as independent non-executive director and audit committee chair of Kingdee International Software and Shui On Land Limited, both listed on the Hong Kong Stock Exchange, and he is remuneration committee chair of Chinachem Group.  He provides consulting and executive courses on financial management and value creation to major companies, governments, and multinational organizations worldwide.
 
       Research Interests  
 
  • Value creation
  • Firm valuation
  • Economic value added (EVA®)
  • Performance metrics
  • Financial analysis
  • Earnings measurement
  • Information content of accounting disclosures
  • Capital investment efficiency
 
       Office Address  
 
  • Office
    Room 1213,
    K.K. Leung Building,
    School of Business,
    The University of Hong Kong
    Pokfulam, Hong Kong

  • Mail
    Room 1305,
    K.K. Leung Building,
    School of Business,
    The University of Hong Kong
    Pokfulam, Hong Kong
 
       Selected Publications  
 
  • "Beware Disruption." South China Morning Post, December 31, 2010, p. A11.

  • “How Does Financial Reporting Quality Relate to Investment Efficiency?” (with Gilles Hilary and Rodrigo Verdi). Journal of Accounting and Economics, Vol 48, Issues 2-3,December 2009, pp. 112-131 (lead article).

  • “Get Ready for a Stock Market Collapse.” South China Morning Post, July 9, 2007.

  • “Accounting Quality and Firm-level Investment” (with Gilles Hilary). The Accounting Review, Vol 81, No 5, October 2006, pp. 963-982 (lead article).

  • “When Capital Follows Profitability: Non-linear Residual Income Dynamics” (with Peter Chen and Guochang Zhang). Review of Accounting Studies, Vol 6, No 2-3, June/September 2001, pp. 229-265.

  • “Evidence on EVA®” (with Robert M. Bowen and James S. Wallace). Journal of Applied Corporate Finance, Vol 12, No 2, Summer 1999, pp. 69-79. Reprinted in Chew and Gillan, eds., Corporate Governance at the Crossroads, McGraw-Hill/Irwin.

  • “Does EVA Beat Earnings? Evidence on Associations with Stock Returns and Firm Values” (with Robert M. Bowen and James S. Wallace). Journal of Accounting and Economics, Vol 24, No 3, December 1997, pp. 301-336. Winner of 1999 American Accounting Association Financial Accounting and Reporting Section Best Paper Award.

  • “Relative Versus Incremental Information Content” (with Gim Seow and Andrew Siegel). Contemporary Accounting Research, Fall 1995, pp. 1-23.

  • “Foreign Listing Location: A Study of MNCs and Stock Exchanges in Eight Countries” (with Shahrokh Saudagaran). Journal of International Business Studies, Second Quarter, 1995, pp. 319-341.

  • “Financial Disclosure Levels and Foreign Stock Listing Decisions” (with Shahrokh Saudagaran). Journal of International Financial Management and Accounting, Summer 1992, 106-148. Peat, Marwick, Mitchell Foundation Research Opportunities in International Business Information Award.

  • “The Estimation and Determinants of Associations Between Returns and Earnings: Evidence from Cross-Industry Comparisons” (with Gim Seow). Journal of Accounting, Auditing, and Finance, Spring 1991, pp. 183-232.

  • “Computer-Intensive Statistics in Auditing: Bootstrap Difference and Ratio Estimation” (with Carol Bruton and Andrew Siegel). Auditing: A Journal of Practice and Theory, Fall 1990, pp. 92-114.

  • “The Effects of Financial Disclosure Levels on Firms’ Choices Among Alternative Foreign Stock Exchange Listings” (with Shahrokh Saudagaran). Journal of International Financial Management and Accounting, Spring 1989, pp. 55-87.

  • “A Stochastic Inventory Model Incorporating Intra-Year Purchases and Accounting Tax Incentives” (with R. Kipp Martin). Management Science, June 1986, pp. 714-730.

  • “Common Cost Allocation in the Firm” (with Richard Steinberg). Cost Allocation: Methods, Principles and Applications, ed. H. Peyton Young, North-Holland, 1985, pp. 31-54.

  • “Inflation, Taxes and Optimal Inventory Policies” (with R. Kipp Martin). Journal of Accounting Research, Spring 1985, pp. 57-83.

  • “Allocations of Joint and Common Costs” (with Richard Steinberg). Journal of Accounting Literature, Spring 1984, pp. 1-46.

  • “Stock Price Reactions to LIFO Adoptions: The Association Between Excess Returns and LIFO Tax Savings” (with Frederick Lindahl). Journal of Accounting Research, Autumn 1982, pp. 551-588.

  • “Are Auditors’ Judgments Sufficiently Regressive?” (with Edward Joyce). Journal of Accounting Research, Autumn 1981, pp. 323-349.

  • “Anchoring and Adjustment in Probabilistic Inference in Auditing” (with Edward Joyce). Journal of Accounting Research, Spring 1981, pp. 120-145.

  • “Accounting Methods and Management Decisions: The Case of Inventory Costing and Inventory Policy.” Journal of Accounting Research, Supplement 1980, pp. 235-295.

 
       Selected Working Papers  
   
   
   
 
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