On November 8th, 2019, jointly launched by the Center for Accounting Studies, Accounting department of Xiamen University, and Business School of Kindai University, the Xiamen - Osaka Joint Research Forum was held in Xiamen University. Experts and scholars from Japan's Kindai University, Konan University, Kansai Gakuin University, Josai University, City University of Hong Kong, Renmin University of China, Donghua University and Xiamen University attended this academic forum.
At the beginning, Professor Liu Feng, the director of the Center for Accounting Studies, gave a welcome speech. He expressed a warm welcome to the experts and scholars from home and abroad, and introduced to the audience the history of Xiamen University and the history of the accounting department, in addition to the development of Center for Accounting Studies. Professor Liu Feng announced that this forum aimed to broaden the international perspective in accounting research, to encourage academic and cultural exchanges between Chinese and Japanese scholars, and to promote the development of accounting discipline. Professor Urasaki Naohiro of Kindai University in Japan expressed his gratitude to the organizers for this academic exchange platform, and hoped to take this opportunity to exchange ideas and enhance cooperation.
In the morning, Assistant Professor Jiao Zhang from Josai University, Japan, presented the paper Management Ability and Manager Earnings Forecast. This article studies the influence of management ability on management's forecast accuracy, and how does management ability affect the relationship between forecast accuracy and forecast difficulty. Assistant Professor Zheng Zhen of Xiamen University gave insightful comments on the hypothesis development and empirical methods, and put forward some constructive advices.
Professor Liu Feng from Xiamen University build a case study on Olympus company of Japan. Based on Japanese culture, he discussed the function of the corporate board of directors. He believed that the Japanese culture and belief about clan and Giri led to the difference between function of the board of directors of Japanese companies and that of companies in Europe and America. Professor Urasaki Naohiro from Kindai University gave a detailed introduction to the organization of Japanese companies and further improved the influence of Japanese culture on corporate behavior.
Zhang Yingying, Ph.D student from Donghua University, talked about fake audit report issued by the NEEQ company China Post and Telecom, and focused on the identification of false information by evidence triangulation. Assistant Professor Shentu Lirong of Xiamen University made detailed comments on the article. She affirmed the novelty and uniqueness of the article, and made some suggestions on the research contributions.
Associate Professor Wang Lihong from Xiamen University studied the value effect of tax avoidance behavior of listed companies controlled by local governments and tested the moderating role played by equity concentration. Assistant Professor Liu Xinming of Xiamen University commented and discussed the mechanism of action and variable selection in the article.
In the first session of the afternoon, Zhuang Wenzi, a Ph.D student from Renmin University of China reported a paper on the subject of International Financial Reporting Standards. The article discusses the current situation of promotion of IFRS around the world, and proposes that language differences between regions may be one of the obstacles to the globalization of financial reporting standards. Professor Qiang Xinrong from Xiamen University commented on the article and put forward valuable suggestions on the topic and logic development of the article.
Professor Chen Yangyang from City University of Hong Kong studied the importance of the social relationship between auditors and fund managers in portfolio decision-making, which extended the literature on the impact of social relationships in financial markets. Professor Cai Ning of Xiamen University commented and discussed with Professor Chen on the information transmission mechanism mentioned in the article .
Professor Satoshi Sugahara of Kansai Gakuin University in Japan introduced a paper on accounting education. By doing experiments of building a Lego model, he found that active learning in the accounting classroom will enhance students' positive understanding of accounting and promote students' deep learning. Professor Hu Jinshuai of Xiamen University affirmed the its value in academic and practice, and gave specific suggestions on the research hypothesis and empirical test of the article.
At the end of the forum, experts and scholars expressed opinions and exchanged ideas on the reported articles and related topics with each other. lastly, Professor Liu Feng expressed his heartfelt thanks to the attendees for their support. The Xiamen-Osaka Joint Research Forum ended successfully in friendly atmosphere. This event promoted academic and cultural exchanges between Chinese and Japanese scholars, and enhanced mutual understanding and cooperation between scholars of the two countries in the field of accounting research.
