Martin Wu

Martin Wu

Associate Professor of Accountancy

  • Email

Contact

112 Wohlers Hall

1206 S. Sixth

Champaign, IL 61820

217-333-5957

martinwu@illinois.edu

Listings

Educational Background

  • Ph.D., Accounting, University of British Columbia, 1995
  • B.S., Mathematics, Daqing Petroleum Institute, 1982

Positions Held

  • Associate Professor of Accountancy, University of Illinois at Urbana-Champaign, 2007 to present
  • Assistant Professor of Accountancy, University of Illinois at Urbana-Champaign, 2001-2007
  • Visiting Assistant Professor, Sauder School of Business, University of British Columbia, 1999-2001
  • Assistant Professor, Stern School of Business, New York University, 1995-1999
  • Lecturer, Sauder School of Business, University of British Columbia, 1991,1993-1994
  • Visiting Scholar in Operations Research, Huazhong University of Science and Technology, 1983-1984

Recent Publications

  • Wu, M. (2017). Optimal Risk Trade-off in Relative Performance Evaluation. Journal of Management Accounting Research,.

Other Publications

Article

  • Wu, M. (2006). An Economic Analysis of Audit and Non-Audit Services: The Trade-off between Competition Crossovers and Knowledge Spillovers. Contemporary Accounting Research, 23 (2), 527-54.
  • Beck, P., & Wu, M. (2006). Learning by Doing and Audit Quality. Contemporary Accounting Research, 23 (1), 1-30.
  • Christensen, P., Feltham, G., & Wu, M. (2002). "Cost of Capital" in Residual Income for Performance Evaluation. The Accounting Review, 77 (1), 1-23.
  • Feltham, G., & Wu, M. (2001). Incentive Efficiency of Stock versus Options. Review of Accounting Studies, 6 (1), 7-28.
  • Feltham, G., & Wu, M. (2000). Public Reports, Information Acquisition by Investors, and Managerial Incentives. Review of Accounting Studies, 5 (2), 155-190.

Book or Monograph

  • Wu, M. (1987). A Tutorial Program for Self-Learning for the Principles and Applications of M1570 Colour Printer. Daqing Petroleum Institute Press.
  • Wu, M., & Huang, K. (1986). The Principles and Applications of M1570 Colour Printer. Daqing Petroleum Institute Press.

Other Publication

  • Wu, M. (2010). Case: "What Does the Unoccupied New Housing in China Tell Us?"-Double-loop feedback and feed-forward effects.
  • Wu, M. (2009). Case: "Information Search vs. Information Breach by Google"-Can a job get done too well?
  • Wu, M. (2008). Case: "A Systematic Analysis on Financial Crisis and Economy"-Regulation and Systematic Risk.
  • Wu, M. (2007). Case: "The Second Coming of Michael Dell"-JIT Management in a dynamic Economic Environment.
  • Wu, M. (2006). Case: "Executive Pay: The 9/11 Factor"-Accountability and Controllability.
  • Wu, M. (2005). Case: "Hurricane Katrina and the Blame Game"-Accountability is Accounting; and Vice Versa.
  • Wu, M. (2004). Case: "The Rise and Fall of WorldCom"-Internal Control Continues to Evolve As An Organization Grows Over Time.
  • Wu, M. (2000). Case: "Jean's Jeans" (with Gerald A. Feltham).
  • Wu, M. (1996). Case: "Edper's Share Purchase/Incentive Program".

Presentation

  • Wu, M. (2014). Do Individual Auditors Affect Clients' Real Activities Manipulation? Implications for Auditor Learning and Quality. University of Illinois at Urbana-Champaign Accountancy Forum.
  • Wu, M. (2014). Common vs. Firm-Specific Risks in Relative Performance Evaluation. American Accounting Association MAS Section Mid-Year Conference.
  • Wu, M. (2014). Do Individual Auditors Affect Clients' Real Activities Manipulation? Implications for Auditor Learning and Quality. Xi'an Jiaotong University.
  • Wu, M. (2014). Do Individual Auditors Affect Clients' Real Activities Manipulation? Implications for Auditor Learning and Quality. Hunan University.
  • Wu, M. (2014). Do Individual Auditors Affect Clients' Real Activities Manipulation? Implications for Auditor Learning and Quality. Fudan University.
  • Wu, M. (2013). Economics of Auditor Liability: Impact on Pareto-Efficient Audit Quality and Value. Hong Kong University of Science and Technology Accounting Symposium.
  • Wu, M. (2013). Hierarchical Agency: Double Audits vs. Specialized Audits for Management Control. 12th Annual Haskell & White Corporate Reporting and Governance Academic Conference.
  • Wu, M. (2013). Economics of Auditor Liability: Impact on Pareto-Efficient Audit Quality and Value. University of Illinois at Urbana-Champaign, Department of Accountancy Brown Bag Series.
  • Wu, M. (2013). Common vs. Firm-Specific Risks in Relative Performance Evaluation. Zhongnan University of Economics and Law.
  • Wu, M. (2013). Common vs. Firm-Specific Risks in Relative Performance Evaluation. The 5th Conference on Cross-Strait Banking and Finance.
  • Wu, M. (2013). Common vs. Firm-Specific Risks in Relative Performance Evaluation. Hunan University.
  • Wu, M. (2013). Economics of Auditor Liability: Impact on Pareto-Efficient Audit Quality and Value. Sun Yat-Sen University.
  • Wu, M. (2013). Economics of Auditor Liability: Impact on Pareto-Efficient Audit Quality and Value. Xi'an Jiaotong University.
  • Wu, M. (2013). Common vs. Firm-Specific Risks in Relative Performance Evaluation. The 10th International Conference on Economics, Finance and Accounting (IEFA) and The 5th Conference.
  • Wu, M. (2013). Common vs. Firm-Specific Risks in Relative Performance Evaluation. American Accounting Association Annual Meeting.
  • Wu, M. (2013). Common vs. Firm-Specific Risks in Relative Performance Evaluation. Fudan University.
  • Wu, M. (2013). Common vs. Firm-Specific Risks in Relative Performance Evaluation. University of Illinois at Urbana-Champaign, Department of Accountancy Brown Bag Series.
  • Wu, M. (2012). Relative Performance Evaluation and Peers in an Oligopoly. Tsinghua University.
  • Wu, M. (2012). Relative Performance Evaluation and Peers in an Oligopoly. American Accounting Association Management Accounting Section Research and Case Conference.
  • Wu, M. (2012). Relative Performance Evaluation and Peers in an Oligopoly. Temple University Conference on Performance Evaluation.
  • Wu, M. (2012). Relative Performance Evaluation and Peers in an Oligopoly. Fudan University.
  • Wu, M. (2012). Relative Performance Evaluation and Peers in an Oligopoly. University of British Columbia.
  • Wu, M. (2011). Relative Performance Evaluation and Peers in an Oligopoly. Carnegie Mellon University.
  • Wu, M. (2011). Relative Performance Evaluation and Peers in an Oligopoly. University of Illinois at Chicago.
  • Wu, M. (2011). Relative Performance Evaluation and Peers in an Oligopoly. American Accounting Association Annual Meeting.
  • Wu, M. (2010). Economics of Auditor Liability: Impact on Pareto-Efficient Audit Quality and Value. University of Kentucky.

Working Paper

  • Qi, B., Si, Y., Tian, G., & Wu, M. (2014). Do Individual Auditors Affect Clients' Real Activities Manipulation? Implications for Auditor Learning and Quality.
  • Wu, M. (2014). Common vs. Firm-Specific Risks in Relative Performance Evaluation.
  • Beck, P., & Wu, M. (2013). Group Audit Quality.
  • Lu, C., Shao, S., & Wu, M. (2013). The Paradox of Peer-Group Choices in Relative Performance Evaluation-Why More is Less.
  • Wu, M. (2013). Economics of Auditor Liability: Impact on Pareto-Efficient Audit Quality and Value.
  • Wu, M. (2013). Hierarchical Agency: Double Audits vs. Specialized Audits for Management Control.
  • Feltham, G., & Wu, M. (2011). Value Relations with Endogenous Investment.

Honors and Awards

  • List of Teachers Ranked as Excellent by their Students, University of Illinois at Urbana-Champaign, 2004

Grants

  • KPMG LLP and Foundation, 2005-2006
  • UBC Faculty of Commerce Research Grant, Chartered Accountant Association of British Columbia, 1999-2000
  • Social Science and Humanities Research Council Research Grant, Social Science and Humanities Research Council of Canada and University of British Columbia, 1999

Teaching Interests

Teaching interests include managerial accounting and accounting control systems at both undergraduate and graduate levels.

Research Interests

Research interests include Information Economics, Agency Theory, Managerial Incentive Problems, Performance Evaluation, Risk Management, Capital-Investment Decisions and Equity Valuation, and the Economics of Auditing.

Current Courses

  • Decision Making for Atg (ACCY 302) Decision making implications of information provided to organization managers and to external stakeholders such as investors, creditors, customers, and regulators. Concepts from economics, statistics, and psychology emphasize the use of quantitative techniques to comprehend uncertainty and risk. Projects, together with a series of practical workshops, facilitate self-discovery of knowledge and development of a variety of professional skills and attitudes.
  • Accounting Control Systems (ACCY 304) Broad perspective on accounting and control that considers attainment of all goals of an organization, including those concerned with financial objectives. Topics include the conceptual foundations of control and application of practical, analytical tools to the evaluation of an organization's control environment. Cases, class discussion and field research projects emphasize independent thinking, group processes, and communication.

Contact

112 Wohlers Hall

1206 S. Sixth

Champaign, IL 61820

217-333-5957

martinwu@illinois.edu