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Dr. Derek K. W. CHAN

Dr. Derek K. W. CHAN

Accounting and Law

Associate Dean (Undergraduate)

Associate Professor

3917 8357
dkchan@hku.hk
KK 1203
Academic & Professional Qualification
  • BSocSc CUHK
  • MA Western Ontario
  • PhD British Columbia
Biography

Dr. Derek Chan obtained his Ph.D. in Business Administration (with a specialization in accounting) from the University of British Columbia in 1995. Prior to joining the School of Business of the University of Hong Kong in July 2001, he has served on the faculty of the School of Business & Management at the Hong Kong University of Science and Technology (HKUST) as an Assistant Professor in the Department of Accounting. He has also taught at the Beijing International MBA programme at Peking University. In 1999 and 2000, he was elected as a recipient of the Best Ten Lecturers Award. These awards are determined by student votes across all fields and departments at HKUST. Each year only ten awards are given for the entire university.

Dr. Chan's research interests are primarily in the field of auditing, specifically on the industrial organization of audit markets and issues related to the regulation of professional accountants. His research has analyzed these issues both in general market settings, as well as in settings that reflect the realities of auditing environments. The research methodology that he has employed is analytical modelling. His research has been published in the leading academic journals in accounting. He has also frequently served as an ad hoc referee for research journals.

Dr. Chan is a member of the American Accounting Association and the Hong Kong Academic Accounting Association Limited.

Teaching

Intermediate Financial Accounting II

Financial Statement Analysis and Business Ethical Standards (MFin)

Research Interest
  • Industrial organisation of audit markets
  • Equilibrium models of regulation of professional accountants
  • Financial reporting
  • Disclosure theory
  • Information economics
Selected Publications
  1. Chan, D., and J. Gao, 2014, “Earnings Management, Incentive Contracts and Private Information Acquisition”, Journal of Accounting and Public Policy, Vol.33, No. 6, pp 529-550 (Lead Article).
  2. Liu, X., and D. Chan, 2012, “Consulting Revenue Sharing, Auditor Effort and Independence, and the Regulation of Auditor Compensation”, Journal of Accounting and Public Policy, Vol.31, No. 2, pp 139-160 (Lead Article).
  3. Chan, D., and K. P. Wong, 2002, “Scope of Auditors’ Liability, Audit Quality and Capital Investment”, Review of Accounting Studies, March, Vol. 7, No. 1, pp. 97-122.
  4. Chan, D., 1999, “Low-balling and Efficiency in a Two-period Specialization Model of Auditing Competition”, Contemporary Accounting Research, Vol. 16, No. 4, pp. 609–642.
  5. Chan, D., and K. P. Wong, 1999, “CVP under Uncertainty and the Manager’s Utility Function Revisited”, Review of Quantitative Finance and Accounting, Vol. 12, No. 2, pp. 159-170.
  6. Chan, D., and S. Pae, 1998, “An Analysis of the Economic Consequences of the Proportionate Liability Rule”, Contemporary Accounting Research, Vol. 15, No. 4, pp. 457-480.
  7. Wong, K. P., and D. Chan, 1993, “A Simple Model of Spatial Banking Competition”, Economic Letters, Vol. 42, pp. 391-397.
Awards and Honours

 

University of British Columbia: Accounting Development Fund Graduate Fellowship, 1991-93;

University Graduate Fellowship, 1993-95

Contemporary Accounting Research Forum Fellow, 1991

American Accounting Association Doctoral Consortium Fellow, 1993

Best Ten Lecturers Award, 1998-99 & 1999-2000

Service to the University/Community

 

Member of the Users’ Committee of the HKSAR Inland Revenue Department

Academic advisor of the Hong Kong Institute of Chartered Secretaries (HKICS)

QP mentor for the Hong Kong Institute of Certified Public Accountants (HKICPA)