CHANG, Hye Sun
Hye Sun Chang joined SMU in 2015. She earned her Ph.D. and M.S. in Accountancy from University of Illinois at Urbana-Champaign and B.S. in Business Administration from Yonsei University (Seoul, Korea). Her research interests lie in capital market research topics, including earnings quality, analyst forecasts, and financial derivatives. Also, her teaching interests include financial accounting and reporting.
Education
PhD in Accounting, University of Illinois at Urbana-Champaign
Masters of Accountancy, University of Illinois at Urbana-Champaign
Bachelors of Business Administration, Yonsei University in Seoul, Korea
Research Interests
Derivatives
Financial Analysts
Corporate Disclosures
Financial Reporting Quality
Teaching Interests
Financial Accounting and Reporting (Specializing in Hedge Accounting)
Financial Statement Analysis
Valuation
Data Analytics (R & Python)
Selected Recognition and Awards
SMU Teaching Excellence Award Nominee (Excellent Teacher Category) (2025)
Singapore Ministry of Education Tier I Research Grant (5 projects)
Teaching Excellence Award (Dean’s List for Teaching Excellence), Singapore Management University (2017 - 2025)
Most Promising Researcher Award, Singapore Management University (2016)
Richard D. and Anne Marie Irwin Fellowship, University of Illinois (2014-2015)
List of Teachers Ranked as Excellent by Their Students, University of Illinois (2011, 2010)
Selected Appointments
Ad-hoc Reviewer for a Journal, The Accounting Review, Contemporary Accounting Research and Review of Accounting Studies
The Editorial Review Board for a Journal, The International Journal of Accounting (2017-Present)
Selected Publications
Chang, H. 2026. Discussion of “CSR and Negative Corporate Events: The Moderating Role of Managerial Overconfidence” (by Hsuan-Lien Chu, She-Chih Chiu, and Albert Tsang). The International Journal of Accounting, forthcoming.
Campbell, J., Cao, S., Chang, H., Chiorean, R., 2023. The Implications of Firms’ Derivatives Use on the Frequency and Usefulness of Management Earnings Forecasts. Contemporary Accounting Research 40 (4), 2409-2445.
Bhattacharya, N., Chang, H., Chiorean, R., 2023. Regulatory Interventions in Response to Non-Compliance with Mandatory Derivatives Disclosure Rules. 2023. Review of Accounting Studies 28 (4), 2196-2232.
Chang, H., Donohoe, M., Sougiannis, T., 2016. Do Analysts Understand the Economic and Reporting Complexities of Derivatives? Journal of Accounting and Economics 61, 584-604.
Research Areas and Areas of Expertise
Strategic Priorities
HighlightsBridges rigorous empirical research with policy impact, notably informing international accounting standards; recognized for methodological depth and practical relevance in derivatives and disclosure research; recipient of multiple teaching and research awards, demonstrating excellence in both scholarship and pedagogy.
Focused research areas include Implications of derivatives use, transparency and disclosure processing costs, regulatory interventions in financial reporting, analysts’ understanding of complex financial instruments, CSR disclosure quality, and detection of earnings manipulation.
- Singapore Ministry of Education Tier I Research Grant
- Singapore Ministry of Education Tier I Research Grant 2020-2022
- Singapore Ministry of Education Tier I Research Grant (for Three Projects) 2017-2019
- Teaching Excellence Award (Dean's List for Teaching Excellence both at School of Accountancy and LKCSB) 2017-2025
- Most Promising Researcher Award, Singapore Management University 2016
Showing up to 6 latest publications from the past 5 years.
- Regulatory interventions in response to noncompliance with mandatory derivatives disclosure rules [2023]N Bhattacharya, HS Chang, R ChioreanReview of Accounting Studies 28 (4), 2196-2232, 2023
- JL Campbell, S Cao, HS Chang, R ChioreanContemporary Accounting Research, 2023
Hye Sun Chang joined SMU in 2015. She earned her Ph.D. and M.S. in Accountancy from University of Illinois at Urbana-Champaign and B.S. in Business Administration from Yonsei University (Seoul, Korea). Her research interests lie in capital market research topics, including earnings quality, analyst forecasts, and financial derivatives. Also, her teaching interests include financial accounting and reporting.
Education
PhD in Accounting, University of Illinois at Urbana-Champaign
Masters of Accountancy, University of Illinois at Urbana-Champaign
Bachelors of Business Administration, Yonsei University in Seoul, Korea
Research Interests
Derivatives
Financial Analysts
Corporate Disclosures
Financial Reporting Quality
Teaching Interests
Financial Accounting and Reporting (Specializing in Hedge Accounting)
Financial Statement Analysis
Valuation
Data Analytics (R & Python)
Selected Recognition and Awards
SMU Teaching Excellence Award Nominee (Excellent Teacher Category) (2025)
Singapore Ministry of Education Tier I Research Grant (5 projects)
Teaching Excellence Award (Dean’s List for Teaching Excellence), Singapore Management University (2017 - 2025)
Most Promising Researcher Award, Singapore Management University (2016)
Richard D. and Anne Marie Irwin Fellowship, University of Illinois (2014-2015)
List of Teachers Ranked as Excellent by Their Students, University of Illinois (2011, 2010)
Selected Appointments
Ad-hoc Reviewer for a Journal, The Accounting Review, Contemporary Accounting Research and Review of Accounting Studies
The Editorial Review Board for a Journal, The International Journal of Accounting (2017-Present)
Selected Publications
Chang, H. 2026. Discussion of “CSR and Negative Corporate Events: The Moderating Role of Managerial Overconfidence” (by Hsuan-Lien Chu, She-Chih Chiu, and Albert Tsang). The International Journal of Accounting, forthcoming.
Campbell, J., Cao, S., Chang, H., Chiorean, R., 2023. The Implications of Firms’ Derivatives Use on the Frequency and Usefulness of Management Earnings Forecasts. Contemporary Accounting Research 40 (4), 2409-2445.
Bhattacharya, N., Chang, H., Chiorean, R., 2023. Regulatory Interventions in Response to Non-Compliance with Mandatory Derivatives Disclosure Rules. 2023. Review of Accounting Studies 28 (4), 2196-2232.
Chang, H., Donohoe, M., Sougiannis, T., 2016. Do Analysts Understand the Economic and Reporting Complexities of Derivatives? Journal of Accounting and Economics 61, 584-604.