More from Desmond Tsang's Recent Research


Professor Tsang named among top real estate researchers

The Real Estate Academic Leadership (REAL) ranking for 2013-2017 has placed Professor Desmond Tsang in the 34th position among the top real estate researchers worldwide. This is the second consecutive year that Professor Tsang has placed on this list.

Published: 14 Feb 2018

Desmond Tsang wins 2017 ARES Manuscript Prize

Professor Desmond Tsang's paper "Quality of Life and Earnings Management: Do Firms at Less Desirable Locations Manipulate Earnings More Aggressively?" with co-author Jing Zhang was awarded the 2017 ARES Manuscript Prize in the category of Innovative Thinking "Thinking Out of the Box" presented at the ARES Annual Conference.

Published: 17 Nov 2017

Go before the whistle blows: an empirical analysis of director turnover and financial fraud

Authors: Gao. Y., Kim, J.B., Tsang, D., Wu, H. 

Publication: Review of Accounting Studies


Published: 25 Apr 2017

Aareal Bank : Award of Excellence in Real Estate Research conferred – winners honoured for outstanding work in real estate economics

The Real Estate Management Institute of the EBS Universität für Wirtschaft und Recht (EBS REMI) and Aareal Bank AG have conferred the Aareal Award of Excellence in Real Estate Research for the eighth time. This academic prize, worth €12,000, is advertised internationally and recognises outstanding research work in real estate economics. The focus was on the topics of Real Estate Management, Real Estate Finance and Real Estate Economics.

Published: 6 Mar 2015

Prof. Desmond Tsang wins best paper award from American Real Estate Society

Professor Desmond Tsang has recently received a best paper award from the American Real Estate Society in the Real Estate Investment Trusts category for his paper entitled, “CEO Bonus: Alternative Performance Measurement versus Gamesmanship.”

Read full paper: American Real Estate Society

Published: 23 Aug 2013

"REIT Institutional Ownership Dynamics and the Financial Crisis," Journal of Real Estate Finance and Economics

Authors: Devos, Erik; Ong, SeowEng; Spieler, Andrew C.; Tsang, Desmond

Publication: Journal of Real Estate Finance and Economics, 2013


Published: 1 Aug 2013

"Elective Stock Dividends and REITs: Evidence from the Financial Crisis," Real Estate Economics

Authors: Devos, Erik; Spieler, Andrew; Tsang, Desmond

Publication: Real Estate Economics, 2013


Published: 25 Jul 2013