Journal of Contemporary Accounting & Economics

CO-EDITORS
S. CA H A N
University of Auckland, Auckland, New Zealand
P. CL A R K S O N
University of Queensland, Brisbane St Lucia, Queensland, Australia
F.A. GU L
Deakin University, Burwood, Melbourne, Victoria, Australia
T.Y.J. NG
The Hong Kong Polytechnic University, Hong Kong, China
D.A. SI M U N I C
University of British Columbia, Vancouver, British Columbia, Canada
B. SR I N I D H I
University of Texas at Arlington, Arlington, Texas, USA

CONSULTING EDITORS
A.C.S. CH E N G
The Hong Kong Polytechnic University School of Accounting and Finance, Kowloon, Hong Kong
ZO L T A N MA T O L C S Y
Australia
K. SC H I P P E R
Duke University, Durham, North Carolina, USA
J. TS U I
Institute for New Economic Thinking, Hong Kong
R.L. WA T T S
Massachusetts Institute of Technology, Cambridge, Massachusetts, USA

ASSOCIATE EDITORS
E. BA R T O V , New York University, New York, New York,
USA
J.F.M.G. BO U W E N S , Universiteit van Amsterdam, Amsterdam,
Netherlands
M. BR A D B U R Y , Massey University, Auckland, New Zealand
M. BU G E J A , University of Technology Sydney, Sydney,
New South Wales, Australia
P. CA R E Y , Deakin University, Burwood, Melbourne,
Victoria, Australia
C. CH E N , China Europe International Business School
(CEIBS), Shanghai, China
C. CH E N , Monash University, Melbourne, Victoria, Australia
G. CL I N C H , University of Melbourne, Melbourne, Victoria,
Australia
M. DE FO N D , University of Southern California, Los Angeles,
California, USA
N. FA R G H E R , Australian National University, Canberra,
ACT, Australia
A. FE R G U S O N , University of Technology Sydney, Sydney,
New South Wales, Australia
J. FR A N C I S , Duke University, Durham, North Carolina,
USA
J.R. FR A N C I S , University of Missouri, Columbia, Missouri, USA
S. FU N G , Deakin University, Burwood, Melbourne, Victoria,
Australia
P. GR I F F I N , University of California, Davis, Davis, California,
USA
K. JO H N , New York University, New York, New York, USA
B. JO R G E N S E N , London School of Economics and Political
Science (LSE), London, UK
J.B. KI M , City University of Hong Kong
S.P. KO T H A R I , Massachusetts Institute of Technology,
Cambridge, Massachusetts, USA
W.J. LE E , Seoul National University, Seoul, Korea
C. LE N N O X , University of Southern California, Los Angeles,
California, USA
T.Y.J. NG , The Hong Kong Polytechnic University, Hong Kong
C.W. PA R K , The University of Hong Kong, Hong Kong
G. PO W N A L L , Emory University, Atlanta, Georgia, USA
S. RA D H A K R I S H N A N , University of Texas at Dallas,
Richardson, Texas, USA
K.K. RA M A N , University of Texas at San Antonio,
San Antonio, Texas, USA
G. RI C H A R D S O N , University of Adelaide, Adelaide,
South Australia, Australia
G. RI C H A R D S O N , University of Toronto, Toronto, Ontario,
Canada
H. SA M I , Lehigh University, Bethlehem, Pennsylvania, USA
T. SH E V L I N , University of California at Irvine, Irvine,
California, USA
L. SH I V A K U M A R , London Business School, London, UK
I. TU N A , London Business School, London, UK
J.L. ZI M M E R M A N , University of Rochester, Rochester,
New York, USA

In Collaboration With:
Business School
University of Technology, Sydney
BL Deakin Business School
Deakin University

Printed by Henry Ling Ltd, The Dorset Press, Dorchester, UK