Laura Li

Associate Professor of Accountancy

Contact

343 B Wohlers Hall

1206 S Sixth St

Champaign, IL 61820

Listings

Educational Background

Ph.D., Accounting, Tulane University, 2006
M.A., Economics, Tulane University, 2002
B. A., Accounting, Tsinghua University, 2000

Positions Held

Associate Professor of Accountancy, University of Illinois at Urbana-Champaign, 2013 to present
Assistant Professor of Accountancy, University of Illinois at Urbana-Champaign, 2006-2013

Recent Publications

Chen, C., & Li, L. (2023). Is Hiring Fast a Good Sign? The Informativeness of Job Vacancy Duration for Future Firm Profitability. Review of Accounting Studies, 28 1316-1353.
Li, L., Zhu, W., & Wang, S. (2022). Operating Cash Flows and Earnings Target Revision: Evidence from Annual Cash Bonus Plans for CEOs. Journal of Management Accounting Research, 34 (2).
Chen, C., Kim, M., Li, L., & Zhu, W. (2022). Accounting Performance Goals in CEO Compensation Contracts and Corporate Risk Taking. Management Science, 68 (8), 6039-6058. link >

Other Publications

Articles

Li, L., Gong, G., & Yin, H. (2019). Relative Performance Evaluation and the Timing of Earnings Announcement. Journal of Accounting and Economics, 67 (2-3), 358-386.
Gong, G., Li, L., & Zhou, L. (2013). Earnings Non-Synchronicity and Voluntary Disclosure. Contemporary Accounting Research, 30 (4), 1560-1589.
Gong, G., Li, L., & Wang, J. (2011). Serial Correlation in Management Forecast Errors. Journal of Accounting Research, 49 (3), 677-720.
Gong, G., Li, L., & Shin, J. (2011). Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts. The Accounting Review, 86 (3), 1007-1043.
Gong, G., Li, L., & Xie, H. (2009). The Association Between Management Earnings Forecast Errors and Accruals. The Accounting Review, 84 (2), 497-530.
Lee, C., Li, L., & Yue, H. (2006). Performance, Growth and Earnings Management. Review of Accounting Studies, 11 305-334.

Presentations

Chen, C., & Li, L. (2022). Is Hiring Fast a Good Sign? The Informativeness of Job Vacancy Duration for Future Firm Profitability. Review of Accounting Studies Annual Conference, Stanford Graduate School of Business.
Li, L. (2014). The Heteroscedasticity Problem in Discretionary Accrual Detection. Hong Kong University of Science and Technology.
Li, L. (2013). A Modified Dechow and Dichev Model. National University of Singapore.
Li, L. (2013). A Modified Dechow and Dichev Model. Singapore Management University.
Li, L. (2013). A Modified Dechow and Dichev Model. Yale School of Management Fall Accounting Research Conference.
Li, L. (2013). Management Earnings Forecasts and Inventory Decisions. European Accounting Association (EAA) Annual Congress.
Li, L. (2013). Earnings Smoothing and Future Cash Flow Volatility. George Washington University.
Li, L. (2013). Earnings Smoothing and Future Cash Flow Volatility. European Accounting Association (EAA) Annual Congress.
Li, L. (2012). A Discussion of "Industry Product Market Competition and Earnings Management". American Accounting Association FARS Section Meeting.
Li, L. (2011). Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts. American Accounting Association FAS Section Mid-Year Conference.
Li, L. (2011). The Underreaction of Management Earnings Forecasts to Past Earnings Changes. American Accounting Association FARS Section Midyear Conference.
Li, L. (2010). Earnings Non-Synchronicity and Voluntary Disclosure. American Accounting Association FARS Section Meeting.
Li, L. (2010). Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts. American Accounting Association Annual Meeting.
Li, L. (2010). The Underreaction of Management Earnings Forecast in Past Earnings Changes. American Accounting Association Annual Meeting.
Li, L. (2009). Earnings Non-Synchronicity and Voluntary Disclosure. Annual Conference on Financial Economics and Accounting.
Li, L. (2009). The Underreaction of Management Earnings Forecasts to Past Earnings Changes. University of Illinois at Chicago.
Li, L. (2009). The Underreaction of Management Earnings Forecasts to Past Earnings Changes. University of Minnesota.
Li, L. (2009). Earnings Non-Synchronicity and Voluntary Disclosure. American Accounting Association Annual Meeting.
Li, L. (2009). Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts. Chinese Accounting Professors' Association of North America (CAPANA) Annual Conference.
Li, L. (2009). Serial Correlation in Management Forecast Errors. Tsinghua University.
Li, L. (2009). Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts. Sixth Accounting Research Workshop, Bern University, Switzerland.
Li, L. (2009). Earnings Non-Synchronicity and Voluntary Disclosure. Annual Conference on Financial Economics and Accounting.
Li, L. (2009). Serial Correlation in Management Forecast Errors. American Accounting Association Annual Meeting.
Li, L. (2008). The Association Between Management Earnings Forecast Errors and Accruals. American Accounting Association Annual Meeting.
Li, L. (2008). The Association Between Management Earnings Forecast Errors and Accruals. American Accounting Association FARS Section Meeting.
Li, L. (2008). The Association Between Management Earnings Forecast Errors and Accruals. Annual Conference on Financial Economics and Accounting.
Li, L. (2008). The Association Between Management Earnings Forecast Errors and Accruals. Chinese Accounting Professors' Association of North America (CAPANA) Annual Conference.
Li, L. (2006). Strategic Forecast Timing: Theory and Evidence. Georgetown University.
Li, L. (2006). Strategic Forecast Timing: Theory and Evidence. Tulane University.
Li, L. (2006). Strategic Forecast Timing: Theory and Evidence. University of Arizona.
Li, L. (2006). Strategic Forecast Timing: Theory and Evidence. University of Georgia.
Li, L. (2006). Strategic Forecast Timing: Theory and Evidence. University of Illinois at Urbana-Champaign.
Li, L. (2006). Strategic Forecast Timing: Theory and Evidence. University of Notre Dame.
Li, L. (2006). Strategic Forecast Timing: Theory and Evidence. University of Rochester.
Li, L. (2006). Strategic Forecast Timing: Theory and Evidence. University of Texas-Austin.
Lee, J., & Li, L. (2005). Performance, Growth and Earnings Management. Arizona State University.
Lee, J., Li, L., & Yue, H. (2005). Performance, Growth and Earnings Management. Georgetown University.
Lee, J., & Li, L. (2005). Performance, Growth and Earnings Management. Tulane University.
Lee, J., Li, L., & Yue, H. (2005). Performance, Growth and Earnings Management. American Accounting Association Annual Meeting.
Lee, J., Li, L., & Yue, H. (2005). Performance, Growth and Earnings Management. Arizona State University.
Lee, J., Li, L., & Yue, H. (2005). Performance, Growth and Earnings Management. Georgetown University.
Lee, J., Li, L., & Yue, H. (2005). Performance, Growth and Earnings Management. Review of Accounting Studies Annual Conference.
Lee, J., Li, L., & Yue, H. (2005). Performance, Growth and Earnings Management. Tulane University.

Working Papers

Cao, S., Gong, G., Li, L., & Yoon, H. Strategic Earnings Guidance under Relative Stock-Performance Goals.
Gong, G., Li, L., & Yin, H. Setting Relative Performance Target in Executive Compensation Contracts.
Demere, P., Li, L., Lisowsky, P., & Snyder, R. Do Earnings Smoothing Indicate Higher or Lower Financial Reporting Quality.

Teaching Interests

Financial Reporting and Financial Statement Analysis

Research Interests

Quality of Management Earnings Forecasts, Quality of Accruals, Detection of Accounting Manipulation, Relative Performance Evaluation

Current Courses

Financial Statement Analysis (ACCY 517) Examines the tools and techniques of financial statement analysis and company valuation from the perspective of investors and creditors; emphasizes theoretical and empirical properties of financial ratios as well as valuation methods used in practice.