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Ping Zhang

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Ping Zhang

Professor of Accounting  


PhD, University of Waterloo
MAcc, University of Waterloo
MA, Nankai University
BSc, Nankai University


Ping Zhang is a Professor of Accounting at Rotman. His main research focus is on audit quality. Specific research topics include the impact of auditor liability, auditor size and auditor experience on audit quality. Ping’s research results are published in academic journals such as, The Accounting Review, Contemporary Accounting Research and Accounting, Organization and Society. Ping is currently an editorial board member of Contemporary Accounting Research.

Academic Positions

  • 2017-Present

    Professor of Accounting, University of Toronto

  • 2000-2017

    Associate Professor of Accounting, University of Toronto

  • 1999-2000

    Associate Professor of Accounting, University of Waterloo

  • 1994-1999

    Assistant Professor of Business, Wilfrid Laurier University

Selected Publications - Papers

  • Auditor Tenure and Quality of Financial Reporting

    L. Chu, J. Dai, and P. Zhang

    Journal of Accounting, Auditing and Finance


  • Informed Traders' Performance and the Information Environment: Evidence From Experimental Asset Markets

    Lucy Ackert, Bryan Church, Ping Zhang

    Accounting, Organization, and Society


  • Transaction costs and competition among auditors in local markets

    Ling Chu, Dan Simunic, Minlei Ye, Ping Zhang

    Journal of Accounting and Economics



    Pages: 129-147

  • The Importance of Client Size in the Estimation of the Big 4 Effect: A Comment on DeFond, Erkens, and Zhang

    A. Lawrence, M. Minutti-Mesa, and P. Zhang

    Management Science



    Pages: 3650-3653

  • The Joint Effects of Multiple Legal System Characteristics on Auditing Standards and Auditor Behavior

    Dan Simunic, MinLei Ye and Ping Zhang

    Contemporary Accounting Research



    Pages: 7-38

  • Audit Quality, Auditing Standards, and Legal Regimes: Implications for International Auditing Standards

    Dan Simunic, MinLei Ye, and Ping Zhang

    Journal of International Accounting Research



    Pages: 221-234

  • Can Big 4 versus Non-Big 4 Differences in Audit-Quality Proxies be Attributed to Client Characteristics?

    With Alastair Lawrence and Miguel Minutti

    The Accounting Review



    Pages: 259-286

  • Contracting Framing and Individual Behavior: Experimental Evidence

    with Bryan Church and Theresa Libby

    Journal of Management Accounting Research

    Issue:Volume 20


    Pages: 153-168

  • What Affects the Market's Ability to Adjust for Optimistic Forecast Bias? Evidence From Experimental Asset Markets

    L. Ackert, B. Church, P. Zhang

    Journal of Economic Behavior and Organizations

    Issue:Vol. 66. No. 2


    Pages: 358-372

  • Banks' Level of Capitalization and their Lending Behaviour. With Robert Mathieu and Sean Robb

    L. Chu, R. Mathieu, S. Robb, P. Zhang

    Review of Quantitative Accounting and Finance

    Issue:Vol. 28, No. 2


    Pages: 147-162

  • Precision in Accounting Information, Financial Leverage and the Value of Equity

    with Glenn Feltham and Sean Robb

    Journal of Business Finance and Accounting

    Issue:Vol. 34, No. 7/8


    Pages: 1099-1122

  • The Impact of the Public's Expectations of Auditors on Audit Quality and Auditing Standards Compliance

    P. Zhang

    Contemporary Accounting Research

    Issue:Vol24, 2


    Pages: 631-654

  • Leadership Structure and the Value of Debt Contracts: Evidence from the Canadian Market

    R. Mathieu, S. Robb, P. Zhang

    The International Journal of Accounting

    Issue:Vol 41


    Pages: 119-140

  • What is in a name: An experimental examination of investment behavior

    L. Ackert, B. Church, P. Zhang

    Review of Finance



    Pages: 281-304

  • Asset prices and informed traders' abilities: Evidence from experimental asset markets

    L. Ackert, B. Church and P. Zhang

    Accounting, Organizations and Society

    Issue:Vol.29. Issue 7


    Pages: 609-626

  • Discussion of 'Independence in Appearance and in Fact: An Experimental Investigation'

    Contemporary Accounting Research

    Issue:Vol. 20, No. 1, Spring


    Pages: pp. 115-119

  • Market Behaviour in the presnece of divergent and imperfect private information: experimental evidence from Canada, China, and the United States

    with L. Ackert and B. Church

    Journal of Economic Behavior and Organizations

    Issue:Vol. 47


    Pages: pp. 435-450

  • A Note on Capital Adequacy and the Information Content of Term Loans and Lines of Credit

    with P. Andre and R. Mathieu

    Journal of Banking and Finance

    Issue:Vol. 25


    Pages: pp. 431-44

  • Uncertain Litigation Cost and Seller Behaviour: Evidence From an Auditing Game

    with L. Ackert and B. Church

    Advances in Accounting

    Issue:Vol 18


    Pages: pp. 77-104

  • A bargaining Model of Auditor Reporting

    Contemporary Accounting Research

    Issue:Spring, Vol. 16, N0.1R


    Pages: pp. 167-84

  • Negotiations, Deadlines, and Auditing: Experimental Evidence

    with B. K. Church

    Journal of Economic Psychology

    Issue:Vol. 20, No. 4


    Pages: pp. 407-29

  • Pre-trial Settlement and Audit Value

    with Lynda Thoman

    The Accounting Review



    Pages: pp. 473-91

  • The Auditor's Objectivity under a Negligence Liability System

    with Efrim Boritz

    Auditing: A Journal of Practice & Theory



    Pages: pp. 147-65

  • The Implication of Alternative Litigation Cost Allocation Systems for the Value of Audits

    with J. E. Boritz

    Journal of Accounting, Auditing, and Finance

    Issue:Vol 12, No. 4, Fall


    Pages: pp. 353-72

  • On Combining Evidence from Subpopulations into a Composite Conclusion

    J. E. Boritz, S. Aldersley, and P. Zhang

    Contemporary Accounting Research

    Issue:V10 No 1


    Pages: 227-45

Selected Publications - Case

  • Bach Music Inc.: Impact of Price Pressure, Capacity Constraints and a Special Order on Management Decision Making

    L. Chu, T. Libby, R. Mathieu, and P. Zhang

    Accounting Perspective, Forthcoming

Research and Teaching Interests

Teaches courses in financial accounting, managerial accounting and auditing. Research interests include auditor's independence, auditor liability, usefulness of analysts' forecasts, and bank's monitoring function.