Buhui Qiu

Biographical details

A/Prof. Buhui Qiu is Director of Doctoral Studies at the University of Sydney Business School. He received his PhD in Finance from the University of Cincinnati in July 2009. He also holds an Advanced Diploma from Moore Theological College, a Master of Arts in Accounting from Sun Yat-sen University, a Graduate Diploma from Johns Hopkins University-Nanjing University Center for Chinese and American Studies, and a Bachelor of Science in Physics from Fudan University. Prior to joining the University of Sydney Business School, he was a faculty member at Rotterdam School of Management, Erasmus University Rotterdam. Before pursuing an academic career, he worked as a financial analyst and advanced financial consultant at Ford, PwC Consulting and IBM.

His research interests are in the broad areas of corporate finance, accounting and capital markets. His academic articles have been widely published (or accepted for publication) in major international journals in accounting, finance, international business and business law such as The Accounting Review, Management Science, Journal of Financial and Quantitative Analysis, Journal of International Business Studies, Contemporary Accounting Research, Journal of Money, Credit and Banking, Harvard Business Law Review, Journal of Financial Stability, Journal of Banking and Finance, Journal of Corporate Finance, and Journal of Business Finance and Accounting, among others.

He has received multiple international research awards including two Chicago Quantitative Alliance (CQA) Academic Competition Awards. He is a recipient of the Australian Research Council Discovery Project Grant (Lead Investigator). He is a recipient of the University of Sydney Business School Excellence in Research Award and a finalist of the SUPRA Supervisor of the Year Award. He was nominated by students for the Wayne Lonergan Award for Excellent Teaching and is a recipient of the Dean's Citation Award for Teaching. His research papers have been presented in major economics, finance, and accounting conferences such as American Economic Association (AEA) meeting, Western Finance Association (WFA) meeting, and American Accounting Association Financial Accounting and Reporting Section (FARS) meeting. His research has been cited by various media including The Economist. He currently serves as an Associate Editor for Abacus, and is a member of the editorial review board of China Accounting and Finance Review.

Research interests

Buhui’s research interests are in the broad area of corporate finance and its interaction with capital markets. For example, Buhui is interested in studying the determinants of corporate investment such as knowledge assets investment and mergers and acquisitions (M&A). His recent paper (joint with T. Wang) finds that knowledge protection benefits firm shareholders and incentivises firms to invest in knowledge assets. Another recent paper of his (joint with K. Li and R. Shen) documents that organization capital of an acquiring firm is an important determinant of its M&A performance. Buhui is also interested in studying corporate disclosure-related issues. His theoretical work (with S. Slezak) shows that mandating an increase in minimum internal governance standards and/or the penalties for managerial fraudulent misreporting (e.g., the 2002 Sarbanes-Oxley Act in the USA) can lead to lower firm performance via reducing managerial pay-for-performance sensitivity. His empirical work (with H. Guo) develops a better measure of institutional informed trading and shows that the measure can be used to address some important research questions in corporate finance and accounting.

Buhui will continue to explore interesting research questions in corporate investment, corporate disclosure, M&A, institutional ownership and corporate governance in the years to come.