
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. Forthcoming. Is Hiring Fast a Good Sign? The Informativeness of Job Vacancy Duration for Future Firm Profitability. Review of Accounting Studies.
- 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.
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
- Li, L. Is Hiring Fast a Good Sign? The Informativeness of Job Vacancy Duration for Future Firm Profitability.
- 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.
- Chen, C., Kim, M., Li, L., & Zhu, W. Target Difficulty and Corporate Risk Taking.
- Demere, P., Li, L., Lisowsky, P., & Snyder, R. Do Earnings Smoothing Indicate Higher or Lower Financial Reporting Quality.
Honors and Awards
- PricewaterhouseCoopers LLP Faculty Fellow, Department of Accountancy, University of Illinois at Urbana-Champaign, 2010-2019
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
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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.