HKUST Tops World in Accounting Research 26 April 2001, Hong Kong ... In 2000, the Accounting faculty at Hong Kong University of Science and Technology (HKUST) ranked 1st in the world in research articles published in the top five academic journals. HKUST is one of only seven accounting programs worldwide to consistently rank among the top ten during the past three years, with Chicago, Columbia, Michigan, Pennsylvania, Stanford, and UC Berkeley (see attached, Panel 1). The five journals surveyed are Journal of Accounting Research (University of Chicago), Journal of Accounting and Economics (University of Rochester), The Accounting Review (American Accounting Association), Contemporary Accounting Research (Canadian Academic Accounting Association), and Review of Accounting Studies (UC Berkeley). The first three journals were used by The Financial Times in their recent global ranking of business programs. HKUST Accounting faculty also published in the leading journals of other fields, including American Economic Review, Journal of Economic Theory, Journal of Finance, Journal of Financial Economics, and Management Science. The most widely accepted method for counting publications is author weighted, where each co-author of a study receives a proportional share of credit (Panel 1). By this count, HKUST Accounting achieved a score of 4 in the top five journals in 2000, topping the list along with UC Berkeley. Runners up were Cornell (3.75 points), Indiana (3.67 points), and Columbia (3.5 points). If publications are counted by affiliation, giving each affiliation one point without regard to multiple co-authors from a given school, HKUST ranks 3rd with 6 points, behind Indiana (8 points) and Cornell (7 points) (Panel 2). Alternatively, if publications are counted by giving each author affiliation one point, regardless of the number of authors, HKUST Accounting again tops the list, with Cornell, Indiana, and Ohio State (Panel 3). Thus, HKUST ranks among the top in the world regardless of the count. |