Tsang, Desmond (曾德銘)

BCom, MA (University of Toronto); MSc, PhD (UC Berkeley)

Associate Professor

Contact

School of Hotel and Tourism Management

Room 722, 7/F
Cheng Yu Tung Building
12 Chak Cheung Street
Shatin, N.T., Hong Kong

+852 3943 8595

desmond.tsang@cuhk.edu.hk

Biography

Professor Desmond Tsang is an Associate Professor of Real Estate at the School of Hotel and Tourism Management at CUHK Business School. He obtained his PhD from University of California at Berkeley majoring in real estate and accounting. His research in real estate specializes in Real Estate Investment Trusts, International Real Estate & Firm Location. His research interests in accounting include CEO & Corporate Governance, Earnings Management, Financial Fraud, and Auditing. Professor Tsang has published in top journals such as Review of Accounting Studies, Real Estate Economics, Journal of Real Estate Research and Journal of Real Estate Finance and Economics.

Teaching Area

Real Estate

Research Interests

Real Estate Investment Trusts (REITs)
International Real Estate
Firm Location
CEO & Corporate Governance
Earnings Management & Financial Fraud
Auditing

  • Grants
    • Alrov Institute of Real Estate Research, with Maggie Hu and Wayne Wan, $NIS 30,000, 2021-2022
    • CPA Canada – CAAA Financial Accounting, Assurance & Tax Research Grant, with Ming Liu and Jingjing Zhang, $CDN 6,200, 2019-2021
    • CICA/CAAA Research Grant, with Jing Zhang, $CDN 6,500, 2012-2015
    • Li Ka Shing Foundation Faculty Exchange Awards, $CDN 10,000, 2015
    • FQRSC Research Grant, $CDN 36,256, 2010-2013
    • Real Property Association of Canada (RealPac) Research Grant, with Steve Fortin, $CDN 10,000, 2006
  • Awards & Honours

    Research

    • Academy of Finance Best in Track Award in Real Estate, Academy of Finance Conference, 2021
    • Journal of Real Estate Portfolio Management Red Pen Award (for excellence in the review of articles), American Real Estate Society (ARES) Meeting, 2018
    • Best Paper Award on Innovative Thinking Out of the Box, American Real Estate Society (ARES) Meeting, 2017
    • Aareal Award of Excellence in Real Estate Research, Real Estate Management Institute and Aareal Bank AG, 2015
    • Homer Hoyt/ Weimer School of Advanced Studies in Real Estate and Land Economics Post-Doctoral Honoree, 2015
    • Best Paper Award on Real Estate Investment Trusts, American Real Estate Society (ARES) Meeting, 2013
    • Best Paper Award, Global Chinese Real Estate Congress (GCREC) Conference, 2011
    • Best Paper Award, Asian Real Estate Society (AsRES) Annual Meeting, 2010
    • Best Paper Award, Global Chinese Real Estate Congress (GCREC) Conference, 2010
    • Best Research Paper Award on REIT Analysis, National Association of Real Estate Investment Trusts (NAREIT) and Baruch College (CUNY), 2009
    • Best Paper Award by a New Faculty, American Accounting Association (AAA) Northeast Regional Meeting, 2007

    Teaching

    • Nominee, BCom Teaching Award for Excellence in Core Teaching, McGill University, 2021
    • Master of Management in Finance (MMF) Teaching Award, McGill University, 2019
    • Desautels Faculty of Management Distinguished Teaching Award, McGill University, 2018
    • RSM Richter Accounting Teaching Fellow, McGill University, 2014-2016
    • Nominee, Principal’s Prize for Excellence in Teaching – Associate Professor (University-Level), McGill University, 2013
    • Management Undergraduate Society’s Professor of the Year Award for implications of students’ lives, McGill University, 2012
    • Desautels Faculty of Management Distinguished Teaching Award, McGill University, 2010
    • Nominee, Principal’s Prize for Excellence in Teaching – Assistant Professor (University-Level), McGill University, 2009
  • Academic/Professional Services

    Associate Editor

    • Asia-Pacific Journal of Accounting and Economics, 2013-2023
    • International Real Estate Review, 2020-2023
    • Journal of Financial Research, 2018-2020

    Special Issue Editor (Topic: Real Estate)

    • Journal of Risk and Financial Management, 2020-2022

    Editorial Board Member

    • Journal of Real Estate Portfolio Management, 2016-2018
    • Journal of Real Estate (in Chinese), 2013-2016

    Academic Society Board of Director

    • Asian Real Estate Society (AsRES), 2018-2022
    • Global Chinese Real Estate Congress (GCREC), 2012-Present