Cardiff Business School

CBS Faculty

research interests

• Use of the Internet in corporate financial reporting
• The impact of ERP on accounting and corporate performance
• Demand for, and supply of, auditing quality (auditor choice and audit fee determination) in China
• The relationship between management accounting techniques and corporate performance in China 
• Informational, organisational, political and ideological perspectives on accounting change in China

Teaching Profile

• AIS – Year 3 undergraduates
• Financial Management – DBA
• International Accounting – Year 3 undergraduates & MSc Acc&Fin
  

selected recent publications

1. Books
 
Ezzamel, M. and Xiao, Z. 2007. Accounting for foreign invested firms in China: From Mao to Deng. Edinburgh: the ICAS, UK.

Jones, M. and Xiao, Z. 2002. Peering into the future: Trends in Internet reporting by 2010. London: The ICAEW, UK.

Jones, M., Xiao, Z, and Lymer, A. 2001. Trends in Internet financial reporting. London: ICAEW, UK.

Wang, J.; Xiao, Z. 1995.Computerized accounting and auditing, Dalian: The Press of the Northeast University of Finance and Economics.

Xiao, Z. 1989. Computer auditing, Beijing: Chinese Business Press.

2. Papers in English

Yuan, R. L., Xiao, Z., and Zou, H. (in press). Mutual Funds' Ownership and Firm Performance: Evidence from China. Journal of Banking and Finance.

Ezzamel, M., Xiao, Z., and Pan, A. 2007. Political ideology and accounting regulation in China. Accounting, Organizations and Society.

Milonas, N., Travlos, N., Xiao, Z. and Tan, C. K. 2006. The price behavior on the ex-dividend day in China, Pacific-Basin Finance Journal, 14(2):155-174.

Xiao, J. Z., Jones, M. and Lymer, A. 2005. A conceptual framework for examining the impact of the Internet on corporate financial reporting, International Journal of Digital Accounting Research, 2(10): 131-170.

Xiao, Z., Weetman, P. and Sun, M. L. 2004. Political influence and co-existence of a uniform accounting system and accounting standards in China, Abacus, 40 (2): 193-218.

Xiao, Z., Yang, H. and Chow, C. (2004). Patterns and determinants of internet-based corporate disclosure in China, Journal of Accounting and Public Policy, 23 (3): 191-225.

Xiao, Z., Dahya, J. and Lin, Z. 2004. A Grounded Theory exposition of the role of the supervisory board in China, British Journal of Management, 15(1).

Xiao, Z., Jones, M. J. and Lymer, A. 2002. Immediate trends in Internet reporting, European Accounting Review, 11(2): 245-275.

Jensen, R. and Xiao, Z. 2001. Customized financial reporting, networked databases and distributed file sharing, Accounting Horizons, 15(3).

Xiao, Z., Zhang, Y. and Xie, Z. (2000). The making of independent auditing standards in China, Accounting Horizons, 14(1): 69-89.

3. Chinese papers

Wei, G. Xiao. Z, Travlos, N. and Zou, H. (2007). The association between independent directors’ characteristics and firm performance in China. Economics Research, (3).

Chow, C., Duh, R. R., Wang, B. and Xiao, Z. 2005. Current state and problems of management accounting education in the P. R. of China, Accounting Research  (a research journal of the Chinese Accounting Association), (7).

Yang, S., Xiao, Z. and Pendlebury, M. 2004. Value for money auditing by government auditors in China, Financial and Trade Economics Research, (4).

Yang, S. and Xiao, Z. 2004. The impact of constitutional ideology on state auditing system, Auditing Research (A research journal of the Chinese Auditing Association), (1).

Jensen, R. E. and Xiao, J. Z. 2004. Revisiting mass customization of financial reporting in the age of Internet, Nankai Business Review, (1).

Yang, S. and Xiao, J. Z. 2003. A survey of state auditing reform in China, Auditing Research, (2).

Liu, W. F., Sun, M. L. and Xiao, Z. 2002. The Evolution of UK accounting standards setting bodies, Auditing Research, (6).

Xie, Z. and Xiao, Z. 2000. Public disclosure versus private disclosure: price sensitive information control in China, Accounting Research, (10). Reprinted in Xinhua Digest, (2)/2001.

4. Chapters in books

Chow, C., W., Duh, R. R. and Xiao, Z. (2006). Current management accounting practice in China. In C. Chapman, A. Hopwood. and M. Shields (eds.) A Handbook of Management Accounting Research (Vol. II), 941-986, Oxford: Elsevier.

ADDITIONAL ACTIVITIES

Editorial Board Member:

• Auditing Research, a research journal of the China Auditing Association (from 2002),
• International Journal of Digital Accounting Research (US/Europe-based) (from 2004),
• British Accounting Review (a British Accounting Association journal, from 2005),
• International Journal of Accounting and Finance (from 2006)
• Journal of International Accounting Research (an American Accounting Association journal) (from 2007)

Board/committee members

• Board of Directors, the China Auditing Association, China, since 2004
• Research Committee, Association of Chartered Certified Accountants (ACCA), UK, since 2005.
• Director, Chinese Accounting, Finance and Business Research Unit

Main Research Grants

• Xiao, Z. with Zou, H. (Lingnan University) Hoi, C. (Rochester Institute of Technology, USA), Kwlai, K, (Lingnan University). (2005-2008). HK $87,000. Fund use switches in Chinese listed firms. From Lingnan University, Hong Kong. 
• Ezzamel, M. and Xiao, Z. (2003-2005). £16,670. Impact of Political Ideology on Accounting Regulation in China. From the Institute of Chartered Accountants in Scotland (ICAS). 
• Dahya, J. and Xiao, Z. (1998-2004). £6,950, Corporate Governance in China. From Cardiff University 1998 Young Researcher Competition.
• Xiao, Z., Jones, M. and Lymer, A. (1998-2003). £9,250, The Potential of the Internet for Financial Reporting. From the Institute of Chartered Accountants in England and Wales (ICAEW).
• Xiao, Z. and Xie, Z. (1998-2002). £18,400, Inside Information Control in China. From Leverhulme Trust.

Other Research Activities, Honours, and Awards:

• 1998, winner of the Cardiff University Young Researcher Competition (with J. Dahya).
• 1998, 2000, and 2001, the following papers won three best paper prizes awarded by the Chinese Accounting Association:

  Xiao, Z. 1996. A comparison of approaches to financial reporting, Journal of Beijing, Institute of Business, (2).
  Xie, Z. and Xiao, Z. 2000. Public disclosure versus private disclosure: price sensitive information control in china. Accounting Research, (10).
  Xiao, Z. 2000. Financial reporting: A mass customisation Perspective, Accounting Research,  (1).

• 1992: awarded an Overseas Research Student (ORS) prize.
• 1990, awarded a British Council Fellowship