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Stuart McLeay

Stuart McLeay


Honorary Professor

The University of Sydney
NSW 2006 Australia



Publications

2016

4
Journal Article/s

Christodoulou D, Clubb C and McLeay S 2016 'A Structural Accounting Framework for Estimating the Expected Rate of Return on Equity', Abacus (Special Issue: Advances in Equity Valuation), vol.52:1, pp. 176-210 Link

2015

5
Conference Paper/s

McLeay S and Barone E 2015 'Understanding the Effects of the IFRS Mandate: Further Consideration of Economic Significance and Statistical Significance', 38th European Accounting Association Annual Congress 2015, Glasgow, United Kingdom, 30th April 2015

2014

2
Book Section/s

Dargenidou C, Jaafar A and McLeay S 2014 'Regulation, Bonding and the Quality of Financial Statements' in Accounting and Regulation: New Insights on Governance, Markets and Institutions, ed. Roberto Di Pietra, Stuart McLeay and Joshua Ronen, Springer, New York, United States, pp. 191-228

Di Pietra R, McLeay S and Ronen J 2014 'Introduction' in Accounting and Regulation: New Insights on Governance, Markets and Institutions, ed. Roberto Di Pietra, Stuart McLeay and Joshua Ronen, Springer, New York, United States, pp. 1-8

3
Edited Book/s

Di Pietra R, McLeay S and Ronen J 2014 '', Springer, New York, United States

4
Journal Article/s

Christodoulou D and McLeay S 2014 'The Double Entry Constraint, Structural Modeling and Econometric Estimation', Contemporary Accounting Research, vol.31:2, pp. 609-28 Link

Di Pietra R, Gebhardt G, McLeay S and Ronen J 2014 'Special issue in governance and accounting regulation - Changes in standards setting and in the overnance of standard setting: are they adequate responses to recurring financial crises and accounting scandals?', Journal of Management and Governance, vol.18:3, pp. 675-81 Link

2013

5
Conference Paper/s

McLeay S and Barone E 2013 'The Effects of IFRS Adoption: A Review of the Literature', 6th EIASM International Workshop on Accounting & Regulation, Siena, Italy, 6th July 2013

Christodoulou D and McLeay S 2013 'The double-entry constraint in econometric estimation', 4th World Finance Conference, Limassol, Cyprus, 3rd July 2013

McLeay S and Christodoulou D 2013 'The Double Entry Constraint, Structural Modeling and Econometric Estimation', 36th Annual Congress of the European Accounting Association EAA 2013, Paris, France, 8th May 2013

McLeay S 2013 'Seasonality in interim earnings?', 6th Meeting on Methodological and Empirical Advances in Financial Analysis, University of Sydney, Australia, 1st February 2013

2012

5
Conference Paper/s

Christodoulou D and McLeay S 2012 'The double-entry constraint in econometric estimation', Financial Integrity Research Network FIRN 2012 Annual Conference - "The Art of Finance", Hobart, Australia, 11th November 2012

Khansalar E and McLeay S 2012 'The Consistent Estimation of Future Cash Flow: An Accounting Prediction Model with Double Entry Constraint', EIASM Workshop on Accounting and Economics, Segovia, Spain, 8th June 2012

Lari Dashtbayaz M, Khansalar E and McLeay S 2012 'Cash Flow Accounting and the Cost of Debt', EIASM Workshop on Accounting and Economics, Segovia, Spain, 8th June 2012

McLeay S and Khansalar E 2012 'The Consistent Estimation of Future Cash Flow: An Accounting Prediction Model with Double Entry Constraint', Gregynog Accounting & Finance Colloquium, Gregynog, United Kingdom, 25th May 2012

McLeay S and Izadi J 2012 'Interim Accounting Earnings and Price Momentum', Gregynog Accounting & Finance Colloquium, Gregynog, United Kingdom, 25th May 2012

McLeay S and Christodoulou D 2012 'The Double-Entry Constraint in Econometric Estimation', 35th European Accounting Association EAA Annual Congress 2012, Ljubljana, Slovenia, 11th May 2012

Dashtbayaz ML, McLeay S and Khansalar E 2012 'Cash Flow Accounting and the Cost of Debt', 35th European Accounting Association EAA Annual Congress 2012, Ljubljana, Slovenia, 11th May 2012

Khansalar E and McLeay S 2012 'The Consistent Estimation of Future Cash Flow: An Accounting Prediction Model with Double Entry Constraint', 35th European Accounting Association EAA Annual Congress 2012, Ljubljana, Slovenia, 11th May 2012

Khansalar E and McLeay S 2012 'The Consistent Estimation of Future Cash Flow: An Accounting Prediction Model with Double Entry Constraint', 48th British Accounting and Finance Association BAFA Annual Conference, Brighton, United Kingdom, 19th April 2012

Lari Dashtbayaz M, McLeay S and Khansalar E 2012 'Cash Flow Accounting and the Cost of Debt', 48th British Accounting and Finance Association BAFA Annual Conference, Brighton, United Kingdom, 19th April 2012

Zadeh Darjez JI, McLeay S and Osborn M 2012 'The Impact of the Management of Accounting Earnings on the Short-term Returns of Winner and Loser Firms: UK Interim Reports Evidence', 48th British Accounting and Finance Association BAFA Annual Conference, Brighton, United Kingdom, 19th April 2012

McLeay S and Christodoulou D 2012 'The double-entry constraint in econometric estimation', 48th British Accounting and Finance Association BAFA Annual Conference, Brighton, United Kingdom, 19th April 2012

2011

4
Journal Article/s

Merkl-Davies D, Brennan N and McLeay S 2011 'Impression management and retrospective sense-making in corporate narratives: A social psychology perspective', Accounting, Auditing and Accountability Journal, vol.24:3, pp. 315-44

Pope PF and McLeay S 2011 'The European IFRS experiment: objectives, research challenges and some early evidence', Accounting and Business Research, vol.41:3, pp. 233-66

Dargenidou C, McLeay S and Raonic I 2011 'Accruals, Disclosure and the Pricing of Future Earnings in the European Market', Journal of Business Finance and Accounting, vol.38:5/6, pp. 473-504

5
Conference Paper/s

McLeay S, Dargenidou C and Jaafar A 2011 'Cross-listing Across European Markets and Accruals Management', 9th INFINITI Conference on International Finance 2011 - "Institutions, Actors and International Finance", Dublin, Ireland, 14th June 2011

11
Seminar Paper/s

Christodoulou D and McLeay S 2011 'The double entry constraint in econometric estimation, London Business School, London, United Kingdom, 14 December 2011

2010

2
Book Section/s

McLeay S 2010 'International financial analysis' in Comparative International Accounting - 11th Edition (Previous versions:- 2008, 457-480; 2006, 433-456; 2004, 463-484 ; 2002, 447-469; 2000, 417-436; 1998, 419-439; 1995, 75 98; 1991, 391 426), ed. C.W. Nobes and R.H. Parker, Financial Times/Prentice Hall

4
Journal Article/s

McLeay S and Dargenidou C 2010 'The impact of introducing estimates of the future on international comparability in earnings expectations', European Accounting Review, vol.19:3, pp. 511-34

5
Conference Paper/s

McLeay S, Izadi J, Lari M and Mottaghi A 2010 'Using rough data sets in accounting research: an evaluation of the integrity of UK company data in commercial databases', British Accounting Association BAA 2010 Annual Conference, Cardiff, United Kingdom, 1st April 2010

2009

4
Journal Article/s

McLeay S, Ronen J and Dipietra R 2009 'Governance, accounting and regulation - (Guest editor’s introduction)', Journal of Management and Governance

McLeay S and Stevenson M 2009 'Modelling the longitudinal properties of financial ratios - (Invited paper: ‘50 Years Econometrics’ Conference, Econometrics Institute, Erasmus University, Rotterdam)', Applied Financial Economics, vol.19:4, pp. 305-18

Christodoulou D and McLeay S 2009 'Bounded Variation and the Asymmetric Distribution of Scaled Earnings', Accounting and Business Research, vol.39:4, pp. 347-72

2008

4
Journal Article/s

McLeay S 2008 'Fair value and the conceptual framework', Abacus - (Abacus Forum Issue Guest Editorial), vol.44:2, pp. 137-8

2007

4
Journal Article/s

McLeay S and Jaafar A 2007 'Country effects and sector effects on the harmonization of accounting policy choice', Abacus, vol.43:2, pp. 156-89

McLeay S, Dargenidou C and Raonic I 2007 'Ownership, investor protection and earnings expectations', Journal of Business Finance and Accounting, vol.34:1 & 2, pp. 247-68

2006

4
Journal Article/s

McLeay S and Grambovas C 2006 'Corporate value, corporate earnings and exchange rates: an analysis of the Eurozone - Invited article in special issue for the Annual Congress of the European Accounting Association in Dublin', The Irish Accounting Review, vol.13, pp. 65-83

McLeay S, Dargenidou C and Raonic I 2006 'Expected earnings growth and the cost of capital: an analysis of accounting regime change in the European financial market', Abacus, vol.42:3 & 4, pp. 388-414

McLeay S 2006 'International financial reporting', Abacus - (Abacus Forum Issue Guest Editorial), vol.42:3 & 4, pp. 291-5

McLeay S, Daske H and Gebhardt G 2006 'The distribution of earnings relative to targets in the European Union', Accounting and Business Research, vol.36:3, pp. 137-68

2005

4
Journal Article/s

McLeay S and Jindrichovska I 2005 'Accounting for good news and accounting for bad news: some empirical evidence from the Czech Republic', European Accounting Review, vol.14:3, pp. 635-55

McLeay S 2005 'The effect of earnings management on the asymmetric timeliness of earnings - Invited discussion', Journal of Business Finance and Accounting, vol.32:3 & 4, pp. 727-35

2004

2
Book Section/s

McLeay S and Merkl D 2004 'Drafting accounting law: an analysis of institutionalised interest representation' in The Economics and Politics of Accounting: International Essays, ed. C. Leuz, D. Pfaff and A. Hopwood, Oxford University Press, United Kingdom, pp. 317-46

4
Journal Article/s

McLeay S 2004 'Is Fair Value Fair? Financial Reporting from an International Perspective - Critical review of edited book by Henk Langendijk, Dirk Swagerman and Willem Verhoog (John Wiley, Chichester)', International Journal of Accounting, vol.39:2

McLeay S 2004 'Locating accounting in its national context: The case of Italy - Critical review of monograph by Stefano Zambon, Franco Angeli, Milan', European Accounting Review, vol.13:3, pp. 583-8

McLeay S, Asimakopoulos I and Raonic I 2004 'The asymmetric timeliness of earnings: evidence from interlisted firms in Europe', Journal of Business Finance and Accounting, vol.31:1 & 2, pp. 115-47

10
Report/s

McLeay S 2004 'Comparing the RAE 2001 and PBRF 2003', NZ Education Review

2002

4
Journal Article/s

McLeay S and Trigueiros D 2002 'Proportionate growth and the theoretical foundations of financial ratios', Abacus, vol.October, pp. 297-316

2001

4
Journal Article/s

McLeay S, Di Pietra R and Riccaboni A 2001 'La regolazione del bilancio di esercizio: modelli teorici ed esperienza Italiana', Rivista dei Dottori Commercialisti, vol.52:6, pp. 901-36

2000

2
Book Section/s

McLeay S, Di Pietra R and Riccaboni A 2000 'Regulatory accounting within the political and legal system' in Contemporary Issues in Accounting Regulation, ed. S. McLeay and A. Riccaboni, Kluwer, pp. 59-78

3
Edited Book/s

McLeay S and Riccaboni A 2000 'Contemporary Issues in Accounting Regulation', Kluwer, pp. 198

4
Journal Article/s

McLeay S, Ordelheide D and Young S 2000 'Constituent lobbying and its impact on the development of financial reporting regulations: evidence from Germany', Accounting, Organizations and Society, vol.25:1, pp. 79-98

McLeay S and Omar A 2000 'The sensitivity of prediction models to the nonnormality of bounded and unbounded financial ratios', British Accounting Review, vol.June, pp. 213-30

1998

2
Book Section/s

McLeay S 1998 'Accounting regulation in Europe' in Accounting regulation in Europe, ed. S. McLeay, Macmillan, pp. 366-86

3
Edited Book/s

McLeay S 1998 'Accounting Regulation in Europe', Macmillan, pp. 400

4
Journal Article/s

McLeay S, Tollington A and Neal D 1998 'International standardisation and international harmonisation: a new measurement technique', International Journal of Financial Management and Accounting, vol.Spring, pp. 42-70

1997

4
Journal Article/s

McLeay S and Ebbers G 1997 'Accounting and Volksgeist: territorial claims on accounting regulation', Journal of Management and Governance, vol.Fall, pp. 67-84

McLeay S 1997 'Boundary conditions for ratios with positively distributed components', Journal of Business Finance and Accounting, vol.January, pp. 67-83

McLeay S, Helan M and Kassab J 1997 'The incremental information content of accruals: evidence based on the exponential smoothing of levels and trends in pre-tax earnings, funds flow and cash flow', Journal of Business Finance and Accounting, vol.September, pp. 1145-65 Link

McLeay S, Asimakopoulos and I and Siriopoulos C 1997 'The information content of trading volume', Economic Review of the Commercial Bank of Greece, pp. 4-13

1996

1
Book/s

McLeay S and Diaz C 1996 'Provisiones por malas deudas y transferencia de información intraindustrial en el sector bancario', Esan Ediciones, Lima, Peru, pp. 30

4
Journal Article/s

McLeay S, Archer GSH and Delvaille P 1996 'A statistical model of international harmonisation', Abacus, vol.Spring, pp. 1-29 Link

McLeay S and Diaz C 1996 'Bad debt provisions and intra industry information transfer in the banking sector', European Accounting Review, vol.5:4, pp. 625-50 Link

1995

2
Book Section/s

McLeay S and Borda M 1995 'Accounting and economic transformation in Hungary' in Accounting in Transition: The Implications of Political and Economic Reform in Central Europe, ed. S. McLeay and N. Garrod, Routledge, pp. 116-39

McLeay S and Garrod N 1995 'The accounting implications of political and economic reform in central Europe' in Accounting in Transition: The Implications of Political and Economic Reform in Central Europe, ed. S. McLeay and N. Garrod, Routledge, pp. 1-11

3
Edited Book/s

McLeay S and Garrod N 1995 'Accounting in Transition: The Implications of Political and Economic Reform in Central Europe', Routledge, pp. 166

4
Journal Article/s

McLeay S, Archer GSH and Delvaille P 1995 'The measurement of harmonisation and the comparability of financial statement items: within country and between country effects', Accounting and Business Research, vol.Spring, pp. 67-80

1994

2
Book Section/s

McLeay S, Archer GSH and Delvaille P 1994 'De la mésure de l’harmonisation comptable international' in Recherches en Comptabilité Internationale, ed. B. Colasse, Association Francaise de Comptabilit√©, pp. 287-308

3
Edited Book/s

McLeay S 1994 'European Financial Reporting - Series editor: 12 volumes, 1992-94, 3396 pp. - 1. Belgium (C. Lefebvre & J. Flower); 2. Denmark (M. Christiansen & J. Elling); 3. France (J. Scheid & P. Walton); 4. Germany (D. Ordelheide & D. Pfaff); 5. Greece (A. Pappas); 6. Ireland (N. Brennan, F. O’Brien & A. Pierce); 7. Italy (A. Riccaboni & R. Ghirri); 8. Luxembourg (P. Clarke); 9. Netherlands (J. Dijksma & M. Hoogendoorn); 10. Portugal (L. Ferreira and R. Ferreira); 11. Spain (J. Gallizo and J. Gonzalo); 12. United Kingdom (P. Gordon & S. Gray)', Routledge

1992

2
Book Section/s

McLeay S and Archer GSH 1992 'European financial reporting' in Financial Reporting 1991-92, ed. L.C.L. Skerratt, Institute of Chartered Accountants in England and Wales, United Kingdom, pp. 77-115

4
Journal Article/s

McLeay S and Fox S 1992 'HRM, corporate strategy and financial performance in UK manufacturing', The International Journal of Human Resource Management, vol.December, pp. 523-54

1991

4
Journal Article/s

McLeay S and Archer GSH 1991 'Issues in transnational financial reporting: a linguistic analysis', Journal of Multilingual and Multicultural Development, vol.12:5, pp. 347-61

1990

2
Book Section/s

McLeay S 1990 'An introduction to treasury management' in Operational Research Tutorial Papers, ed. L.W. Hendry and R.W. Eglese, pp. 137-70

10
Report/s

McLeay S, Archer GSH and Dufour JB 1990 'Audit Reports on the Financial Statements of European Multinational Companies', Institute of Chartered Accountants in England and Wales

McLeay S, Fox S and Tanton M 1990 'Managerial Labour Markets: Human Resource Management and Corporate Performance', ESRC Research Report

11
Seminar Paper/s

McLeay S 1990 'Eben Fardd and Simple Interest, Inaugural Lecture at the University College of North Wales, Bangor, United Kingdom 1990

1989

2
Book Section/s

McLeay S and Archer GSH 1989 'Financial reporting by interlisted European companies: issues in transnational disclosure' in International Pressures for Accounting Change, ed. A.G. Hopwood, Prentice Hall/ICAEW, pp. 73-116

4
Journal Article/s

McLeay S and Gallizo JL 1989 'Algunas observaciones sobre la contabilidad del valor anadido en los informes anuales de companias y bancos', Revista Espanola de Financiacion y Contabilidad, vol.April-June, pp. 503-11

1988

2
Book Section/s

McLeay S, Condoyanni L and O’Hanlon J 1988 'An investigation of daily seasonality in the Greek equity market' in A Reappraisal of the Efficiency of Financial Markets, ed. R.M.C. Guimaraes , NATO ASI Series F, pp. 229-58

McLeay S 1988 'International financial analysis' in Issues in Multinational Financial Reporting, ed. R.H. Parker and C.W. Nobes, Philip Allan, pp. 124-60

4
Journal Article/s

McLeay S 1988 'Global electronic banking: some new developments', The Treasurer, pp. 71

McLeay S, Ho TS, O’Hanlon J and Whiddett RJ 1988 'Using the technology of on line financial information in teaching', Computers in Education, vol.13:1, pp. 53-60

1987

4
Journal Article/s

McLeay S, Fieldsend S and Longford N 1987 'Industry effects and the proportionality assumption in ratio analysis: a variance component analysis', Journal of Business Finance and Accounting, vol.Winter, pp. 497-581

McLeay S and Archer GSH 1987 'Les rapports financiers des sociétés européennes cotées dans differents pays: problèmes liés à la présentation de l’information et aux travaux d’audit', Revue Francaise de Comptabilité, vol.Summer, pp. 48-61

McLeay S and Fieldsend S 1987 'Sector and size effects in ratio analysis: an indirect test of ratio proportionality', Accounting and Business Research, vol.Spring, pp. 133-40

1986

4
Journal Article/s

McLeay S 1986 'Student’s t and the distribution of financial ratios', Journal of Business Finance and Accounting, vol.Summer, pp. 209-22 Link

McLeay S 1986 'The ratio of means, the mean of ratios and other benchmarks: an examination of characteristic financial ratios in the French corporate sector', Finance - the Journal of the French Finance Association, vol.Summer, pp. 75-91

1983

4
Journal Article/s

McLeay S 1983 'Value added: a comparative study', Accounting, Organizations and Society, vol.8:1, pp. 31-56

1982

10
Report/s

McLeay S 1982 'Sources and applications of funds', Survey of Published Accounts 1981-82

1980

10
Report/s

McLeay S 1980 'Financial Times World Survey of Annual Reports', Financial Times Business Information