Prestigious journal Corporate Governance named CEIBS Professors Ding Yuan and Zhang Hua as the authors of the "2007 Best Paper" for their article "Private versus state ownership and earnings management: Evidence from Chinese listed companies."The paper was published in Corporate Governance: An International Review, Volume 15,2007.

A distinguished Editorial Advisory Board judged 110 articles published in CG that year. The board found the CEIBS professors' work to be superior in terms of two main criteria: 1) the research question and findings must be "highly relevant to practitioners and/or policy-makers" and 2) the research study must be "both theoretically and methodologically rigorous."

Of the articles published in 2007, six were considered for Best Paper. The journal's Associate Editors personally read each of the six articles and ranked them independently in terms of rigor and relevance. 

The runner-up award winner for 2007 was authored by Australian professors Gavin Nicholson (Queensland University of Technology) and Geoffrey Kiel (University of Queensland). Brisbane, Australia.