Peter F. Chen

Hong Kong University of Science & Technology (HKUST) - Department of Accounting

Assistant Professor of Accounting

Clear Water Bay

School of Business & Management

Kowloon

Hong Kong PRC

SCHOLARLY PAPERS

11

DOWNLOADS
Rank 3,860

SSRN RANKINGS

Top 3,860

in Total Papers Downloads

9,940

CITATIONS
Rank 15,213

SSRN RANKINGS

Top 15,213

in Total Papers Citations

33

Scholarly Papers (11)

How Do Accounting Variables Explain Stock Price Movements? Theory and Evidence

Number of pages: 46 Posted: 10 Jul 2006
Peter F. Chen and Guochang Zhang
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong
Downloads 1,727 (8,915)

Abstract:

Loading...

Stock return, Accounting variables, Earnings yield, Profitability (ROE), Capital investment, Growth opportunity

How Do Accounting Variables Explain Stock Price Movements? Theory and Evidence

Journal of Accounting and Economics, 2007, HKUST Business School Research Paper No. 07-02
Number of pages: 48 Posted: 03 Apr 2007
Peter F. Chen and Guochang Zhang
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong
Downloads 1,363 (13,058)
Citation 30

Abstract:

Loading...

Stock return, Accounting variables, Earnings yield, Profitability (ROE), Capital investment, Growth opportunity

2.

The Roles of Earnings and Book Value in Equity Valuation: A Real Options Based Analysis

Number of pages: 45 Posted: 30 May 2002
Peter F. Chen and Guochang Zhang
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong
Downloads 1,683 (9,470)
Citation 5

Abstract:

Loading...

equity valuation, earnings, book value, real options, profitability, growth opportunity

3.

When Capital Follows Profitability: Non-Linear Residual Income Dynamics

Review of Accounting Studies, June/September 2001
Number of pages: 75 Posted: 27 Dec 2000
Gary C. Biddle, Peter F. Chen and Guochang Zhang
University of Melbourne - Faculty of Business and Economics, Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong
Downloads 1,408 (12,641)
Citation 26

Abstract:

Loading...

Residual Income, Valuation, Linear Information Dynamics, Investment Dynamics, Non-linear Residual Income Dynamics

4.

The Information Role of Audit Opinions in Debt Contracting

Journal of Accounting and Economics (2016) 61: 121-144
Number of pages: 54 Posted: 29 Apr 2015 Last Revised: 17 Mar 2016
Peter F. Chen, Shaohua He, Zhiming Ma and Derrald Stice
Hong Kong University of Science & Technology (HKUST) - Department of Accounting, Lancaster University, Peking University and University of Hong Kong - Faculty of Business and Economics
Downloads 1,084 (18,928)
Citation 16

Abstract:

Loading...

Debt Contracting, Audit Opinions, Going Concern Opinions, Explanatory Language

5.

Profitability, Earnings and Book Value in Equity Valuation: A Geometric View and Empirical Evidence

Hong Kong University of Science and Technology Working Paper
Number of pages: 61 Posted: 30 Sep 2003
Peter F. Chen and Guochang Zhang
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong
Downloads 1,033 (20,266)
Citation 6

Abstract:

Loading...

geometry of equity valuation, equity value, profitability, book value, earnings, growth opportunity

6.

Heterogeneous Investment Opportunities in Multiple-Segment Firms and the Incremental Value Relevance of Segment Accounting Data

Number of pages: 51 Posted: 16 Feb 2001
Peter F. Chen and Guochang Zhang
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong
Downloads 755 (31,793)
Citation 28

Abstract:

Loading...

Segment data; Incremental value relevance; Real options; Convexity of valuation function; Divergence of segment profitability

Segment Profitability, Misvaluation, and Corporate Divestment

Number of pages: 64 Posted: 09 Aug 2006
Peter F. Chen and Guochang Zhang
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong
Downloads 406 (70,000)

Abstract:

Loading...

Segment profitability, segment earnings manipulation, segment reporting, misvaluation, corporate divestment

Segment Profitability, Misvaluation, and Corporate Divestment

Accounting Review, Vol. 82, No. 1, pp. 1-26, 2007, HKUST Business School Research Paper No. 07-07
Number of pages: 39 Posted: 03 Apr 2007
Peter F. Chen and Guochang Zhang
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong
Downloads 292 (101,968)
Citation 9

Abstract:

Loading...

Segment Profitability, Segment Earnings Manipulation, Misvaluation, Corporate divestment

8.

Economic Freedom, Investment Flexibility, and Equity Value: A Cross-Country Study

Forthcoming in The Accounting Review (September 2015)
Number of pages: 51 Posted: 30 Apr 2015
Chih-Ying Chen, Peter F. Chen and Qinglu Jin
Singapore Management University - School of Accountancy, Hong Kong University of Science & Technology (HKUST) - Department of Accounting and Shanghai University of Finance and Economics
Downloads 189 (157,967)
Citation 1

Abstract:

Loading...

Economic freedom; Investment flexibility; Real options; Equity value.

9.

Layoffs, Shareholders’ Wealth, and Corporate Performance

Journal of Empirical Finance 8 (2001), pp. 171–199, doi:10.1016/S0927-5398(01)00024-X, University of Alberta School of Business Research Paper No. 2013-224
Posted: 24 May 2013 Last Revised: 30 May 2013
Peter F. Chen, Vikas Mehrotra, Ranjini Jha and Wayne Yu
Hong Kong University of Science & Technology (HKUST) - Department of Accounting, University of Alberta - Department of Finance and Statistical Analysis, University of Waterloo - School of Accounting and Finance and City University of Hong Kong

Abstract:

Loading...

Layoffs, Corporate restructuring, Work force reduction

10.

Heterogeneous Investment Opportunities in Multiple-Segment Firms and the Incremental Value Relevance of Segment Accounting Data

The Accounting Review, April 2003
Posted: 21 Jan 2003
Peter F. Chen and Guochang Zhang
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and University of Hong Kong

Abstract:

Loading...

segment accounting data, incremental value relevance, real options, divergence of profitability, segment growth opportunity

11.

Regulatory Capital, Tax, and Earnings Management Effects on Loan Loss Accruals in the Canadian Banking Industry

CONTEMPORARY ACCOUNTING RESEARCH, Vol 13, No 1, Spring 1996
Posted: 03 Jul 1998
Peter F. Chen and Lane Daley
Hong Kong University of Science & Technology (HKUST) - Department of Accounting and Independent

Abstract:

Loading...