Hsihui Chang - Academia.edu (original) (raw)

Papers by Hsihui Chang

Research paper thumbnail of Linearity and separability assumptions in cost accounting

UMI Dissertation Services eBooks, 1994

Research paper thumbnail of Implications of Customer-Supplier Relationships on Corporate Governance

Social Science Research Network, 2015

Research paper thumbnail of Impact of Manufacturing Practices on Adoption of Plant Information Systems

International Conference on Information Systems, 2003

Research paper thumbnail of The consequences of evolving competition on the components of firms' profits: Recent evidence from the U.S. telecommunications industry

Information Economics and Policy, Apr 1, 1995

Research paper thumbnail of Audit Firm Office Size and Client Acceptance Decisions

Prior studies examining auditors’ client portfolio management decisions primarily focus on the ef... more Prior studies examining auditors’ client portfolio management decisions primarily focus on the effect of client characteristics and the litigation environment. They seldom address the impact of auditor characteristics other than accounting firm size. However, auditors with different attributes sometimes have different risk preferences. This study examines whether auditor attributes (industry specialization and office size) affect the risk tolerance in making client acceptance decisions. Investigating public clients audited by Big 4 audit firms from 2003 to 2007, we find that national industry specialists are more likely to accept clients with higher financial risk. However, we also find that large Big 4 offices are less likely to accept clients with higher audit risk. In addition, looking into differences among Big 4 audit firms, we find that Deloitte (DT) is more conservative in client acceptance decisions than other Big 4 auditors.

Research paper thumbnail of Organized Labor Effects on SG&A Cost Behavior

Social Science Research Network, Jan 27, 2017

Research paper thumbnail of Service Mix and Productivity: Evidence from Accounting Firms

臺大管理論叢, Jun 11, 2015

This paper examines which type of professional services provided by accounting firms can most eff... more This paper examines which type of professional services provided by accounting firms can most effectively utilize human resources in generating revenues. Results indicate that for a given level of human resources, management advisory services (MAS) contribute the most to an accounting firm's revenues. This pattern continues to hold after the passage of the Sarbanes-Oxley Act (Act) despite the restriction on MAS imposed by the Act. In addition, with the increasing emphasis on auditing and certification of internal control services in the post-Act period, accounting firms' employees with CPA designations become significant drivers of accounting firms' productivity.

Research paper thumbnail of Productivity spillovers in supply chain networks

International Journal of Accounting, Auditing and Performance Evaluation, 2020

This study examines the productivity spillovers that occur along supply chains. Our data envelopm... more This study examines the productivity spillovers that occur along supply chains. Our data envelopment analysis (DEA)-based analyses, using publicly available data for the period 1995-2006, indicate that the productivity gains flow from the customers to the suppliers in a supply chain, and moreover, such spillovers are affected by the strength of the relationship (economic bond) between the customer and the supplier. We also find that the customers' productivity has a positive impact on the profitability of the suppliers. Our results demonstrate an additional means of enhancing firm productivity through strategic supply chain partnerships. If such productivity enhancements can accrue to the entire economy, it will be of interest to policy makers. This study complements and extends existing literature, which focuses on specific settings, to a more generalised and broader cross section of the economy.

Research paper thumbnail of “Small sample properties of ML, COLS and DEA estimators of frontier models in the presence of heteroscedasticity” by A.N. Bojanic, S.B. Caudill and J.M. Ford, European Journal of Operational Research 108, 1998, 140–148: A comment

European Journal of Operational Research, 2002

Research paper thumbnail of An empirical study of returns to scale of CPA firms in the post SOX era

Annals of Operations Research, Mar 1, 2015

Research paper thumbnail of Profitability, productivity and price recovery patterns in the U.S. telecommunications industry

Review of Industrial Organization, Feb 1, 1996

Research paper thumbnail of The relationship between external financing activities and earnings management: Evidence from enterprise risk management

International Review of Economics & Finance, Nov 1, 2018

Research paper thumbnail of Analyzing the underlying dimensions of firm profitability

Managerial and Decision Economics, 1993

Research paper thumbnail of Chapter 11 Simulation studies of efficiency, returns to scale and misspecification with nonlinear functions in DEA

Annals of Operations Research, Aug 1, 1996

Research paper thumbnail of Audit Market Concentration, Audit Fees, and Audit Quality: Evidence from China

Auditing-a Journal of Practice & Theory, Sep 1, 2015

Research paper thumbnail of Differential impact of Korean banking system reforms on bank productivity

Journal of Banking and Finance, Jul 1, 2010

Research paper thumbnail of The Impact of the Bullwhip Effect on Sales and Earnings Prediction Using Order Backlog

Contemporary Accounting Research, May 14, 2018

Research paper thumbnail of Measuring productivity growth, technical progress, and efficiency changes of CPA firms prior to, and following the Sarbanes–Oxley Act

Socio-economic Planning Sciences, Dec 1, 2009

Research paper thumbnail of Scale efficiencies in US telecommunications: An empirical investigation

Managerial and Decision Economics, May 1, 1996

... Research Article. Scale efficiencies in US telecommunications: An empirical investigation. Su... more ... Research Article. Scale efficiencies in US telecommunications: An empirical investigation. Sumit K. Majumdar 1,* ,; Hsi-hui Chang 2. Article first published online: 4 DEC 1998. ... Correspondence:Sumit K. Majumdar, University of Michigan, Ann Arbor, MI, USA. Publication History. ...

Research paper thumbnail of Market Competition, Audit Fee Stickiness, and Audit Quality: Evidence from China

Auditing-a Journal of Practice & Theory, Jun 1, 2018

SUMMARYThis study examines how audit fee stickiness varies with changes in market competition in ... more SUMMARYThis study examines how audit fee stickiness varies with changes in market competition in China and its effect on audit quality. The Chinese audit market structure has changed significantly since the Chinese Institute of Certified Public Accountants (CICPA) issued a proposal to enhance the competitiveness of large domestic audit firms by promoting the consolidation of domestic audit firms in 2007. Using a sample of Chinese listed firms, we find a decrease in upward stickiness and an increase in downward stickiness as market concentration increases in the post-Proposal period. The asymmetry between upward and downward fee stickiness is greater in local markets that are more dominated by the top 10 domestic auditors. Moreover, we find that upward (downward) fee stickiness has a negative (positive) association with audit quality as measured by earnings management and auditor reporting conservatism.JEL Classifications: D40; M42.

Research paper thumbnail of Linearity and separability assumptions in cost accounting

UMI Dissertation Services eBooks, 1994

Research paper thumbnail of Implications of Customer-Supplier Relationships on Corporate Governance

Social Science Research Network, 2015

Research paper thumbnail of Impact of Manufacturing Practices on Adoption of Plant Information Systems

International Conference on Information Systems, 2003

Research paper thumbnail of The consequences of evolving competition on the components of firms' profits: Recent evidence from the U.S. telecommunications industry

Information Economics and Policy, Apr 1, 1995

Research paper thumbnail of Audit Firm Office Size and Client Acceptance Decisions

Prior studies examining auditors’ client portfolio management decisions primarily focus on the ef... more Prior studies examining auditors’ client portfolio management decisions primarily focus on the effect of client characteristics and the litigation environment. They seldom address the impact of auditor characteristics other than accounting firm size. However, auditors with different attributes sometimes have different risk preferences. This study examines whether auditor attributes (industry specialization and office size) affect the risk tolerance in making client acceptance decisions. Investigating public clients audited by Big 4 audit firms from 2003 to 2007, we find that national industry specialists are more likely to accept clients with higher financial risk. However, we also find that large Big 4 offices are less likely to accept clients with higher audit risk. In addition, looking into differences among Big 4 audit firms, we find that Deloitte (DT) is more conservative in client acceptance decisions than other Big 4 auditors.

Research paper thumbnail of Organized Labor Effects on SG&A Cost Behavior

Social Science Research Network, Jan 27, 2017

Research paper thumbnail of Service Mix and Productivity: Evidence from Accounting Firms

臺大管理論叢, Jun 11, 2015

This paper examines which type of professional services provided by accounting firms can most eff... more This paper examines which type of professional services provided by accounting firms can most effectively utilize human resources in generating revenues. Results indicate that for a given level of human resources, management advisory services (MAS) contribute the most to an accounting firm's revenues. This pattern continues to hold after the passage of the Sarbanes-Oxley Act (Act) despite the restriction on MAS imposed by the Act. In addition, with the increasing emphasis on auditing and certification of internal control services in the post-Act period, accounting firms' employees with CPA designations become significant drivers of accounting firms' productivity.

Research paper thumbnail of Productivity spillovers in supply chain networks

International Journal of Accounting, Auditing and Performance Evaluation, 2020

This study examines the productivity spillovers that occur along supply chains. Our data envelopm... more This study examines the productivity spillovers that occur along supply chains. Our data envelopment analysis (DEA)-based analyses, using publicly available data for the period 1995-2006, indicate that the productivity gains flow from the customers to the suppliers in a supply chain, and moreover, such spillovers are affected by the strength of the relationship (economic bond) between the customer and the supplier. We also find that the customers' productivity has a positive impact on the profitability of the suppliers. Our results demonstrate an additional means of enhancing firm productivity through strategic supply chain partnerships. If such productivity enhancements can accrue to the entire economy, it will be of interest to policy makers. This study complements and extends existing literature, which focuses on specific settings, to a more generalised and broader cross section of the economy.

Research paper thumbnail of “Small sample properties of ML, COLS and DEA estimators of frontier models in the presence of heteroscedasticity” by A.N. Bojanic, S.B. Caudill and J.M. Ford, European Journal of Operational Research 108, 1998, 140–148: A comment

European Journal of Operational Research, 2002

Research paper thumbnail of An empirical study of returns to scale of CPA firms in the post SOX era

Annals of Operations Research, Mar 1, 2015

Research paper thumbnail of Profitability, productivity and price recovery patterns in the U.S. telecommunications industry

Review of Industrial Organization, Feb 1, 1996

Research paper thumbnail of The relationship between external financing activities and earnings management: Evidence from enterprise risk management

International Review of Economics & Finance, Nov 1, 2018

Research paper thumbnail of Analyzing the underlying dimensions of firm profitability

Managerial and Decision Economics, 1993

Research paper thumbnail of Chapter 11 Simulation studies of efficiency, returns to scale and misspecification with nonlinear functions in DEA

Annals of Operations Research, Aug 1, 1996

Research paper thumbnail of Audit Market Concentration, Audit Fees, and Audit Quality: Evidence from China

Auditing-a Journal of Practice & Theory, Sep 1, 2015

Research paper thumbnail of Differential impact of Korean banking system reforms on bank productivity

Journal of Banking and Finance, Jul 1, 2010

Research paper thumbnail of The Impact of the Bullwhip Effect on Sales and Earnings Prediction Using Order Backlog

Contemporary Accounting Research, May 14, 2018

Research paper thumbnail of Measuring productivity growth, technical progress, and efficiency changes of CPA firms prior to, and following the Sarbanes–Oxley Act

Socio-economic Planning Sciences, Dec 1, 2009

Research paper thumbnail of Scale efficiencies in US telecommunications: An empirical investigation

Managerial and Decision Economics, May 1, 1996

... Research Article. Scale efficiencies in US telecommunications: An empirical investigation. Su... more ... Research Article. Scale efficiencies in US telecommunications: An empirical investigation. Sumit K. Majumdar 1,* ,; Hsi-hui Chang 2. Article first published online: 4 DEC 1998. ... Correspondence:Sumit K. Majumdar, University of Michigan, Ann Arbor, MI, USA. Publication History. ...

Research paper thumbnail of Market Competition, Audit Fee Stickiness, and Audit Quality: Evidence from China

Auditing-a Journal of Practice & Theory, Jun 1, 2018

SUMMARYThis study examines how audit fee stickiness varies with changes in market competition in ... more SUMMARYThis study examines how audit fee stickiness varies with changes in market competition in China and its effect on audit quality. The Chinese audit market structure has changed significantly since the Chinese Institute of Certified Public Accountants (CICPA) issued a proposal to enhance the competitiveness of large domestic audit firms by promoting the consolidation of domestic audit firms in 2007. Using a sample of Chinese listed firms, we find a decrease in upward stickiness and an increase in downward stickiness as market concentration increases in the post-Proposal period. The asymmetry between upward and downward fee stickiness is greater in local markets that are more dominated by the top 10 domestic auditors. Moreover, we find that upward (downward) fee stickiness has a negative (positive) association with audit quality as measured by earnings management and auditor reporting conservatism.JEL Classifications: D40; M42.