faculty_liuAssociate Professor
Ph.D. Accounting, Massachusetts Institute of Technology (MIT), CPA (New York)
Fields: Big Data, Data Analytics, Restatements, Executive Compensation, and Turnover
Office: HW 1535
Voice: (212) 772-5409
Fax: (212) 772-5398
Email: michelle.liu@hunter.cuny.edu

Michelle Liu CV

Professor Michelle Liu joined the department in the Fall of 2016. Professor Liu earned her doctorate degree from the Massachusetts Institute of Technology (MIT) and her undergraduate degree from the Southern Methodist University Cox School of Business. She was an assistant professor of accounting at the Pennsylvania State University and New York Institute of Technology before joining the faculty at Hunter College. Prior to entering academia, she worked for Deloitte and Touche as an auditor and has held a Certified Public Accountant (C.P.A.) license in New York since 2010. Professor Liu’s research has been accepted and published in The Journal of Accounting and Economics, The Accounting Review, The Review of Accounting Studies, and The Journal of Management Accounting Research, among others.

Papers Under Review

“Unraveling Financial Fraud: The Role of the Board of Directors and External Advisors in Conducting Internal Investigations” with Rebecca Files (University of Texas at Dallas) [Revise and resubmit received October 2020], Revising for fourth round, Contemporary Accounting Research. Download file from here.

Publications

“On the SEC’s 2010 Enforcement Cooperation Program”, Journal of Accounting and Economics, [Accepted August 2020], February 2021, Vol. 71, No. 1, with Andrew Leone (Northwestern) and Edward Li (CUNY Baruch).

“A Simple Structural Estimator of Disclosure Costs”, Review of Accounting Studies, January 2020, with Edwige Cheynel (U.C. San Diego).

“Accruals and Managerial Operating Decisions around Firm Growth: Implications for Discretionary Accrual Models”, Journal of Management Accounting Research, Spring 2019

“Are the Fama French Factors Treated as Risk? Evidence from CEO Compensation”, European Financial Management, November 2018, Vol. 24, No. 5, pp. 728-774, with Jeremy Bertomeu (U.C. San Diego) and Edwige Cheynel (U.C. San Diego)

“Cross-sectional Determinants of Information Quality Proxies and Cost of Capital Measures”, Quarterly Journal of Finance, June 2017, Vol. 7, No. 2, with Peter Wysocki (Boston University)

“Pension Freezes in Delta Airlines Inc. and Blonder Tongue Lab Inc.: Different Paths, Same Fate”, Journal of Business and Behavioral Sciences, Spring 2016, Vol. 28, No. 1, with John H. Kim Kim (Hunter College, CUNY) and J.K. Yun (NYIT)

“GAAP vs. IFRS Treatment of Leases and the Impact on Financial Ratios”, Review of Business & Finance Studies, 2016, Vol. 7, No.1, with Thomas A. Buchman and (University of Colorado at Boulder) and Peter Harris (NYIT)

“Regulatory Scrutiny, Labor Unions, and Pension Freezes”, Journal of Business and Accounting, Fall 2015, Vol. 8, No.1, with John H. Kim (Hunter College, CUNY) and J.K. Yun (NYIT)

“IPOs, Operating Activities, and IPO Underperformance”, The Journal of Business and Economic Studies, Spring 2014, Vol. 20, No. 1 (Lead Article), with Clayton Forester (University of Minnesota at Morris), Winner of Best Paper Award at the 2013 Northeast Business and Economics Association (NBEA) 40th Annual Conference

“Accounting Irregularities and Executive Turnover in Founder-Managed Firms”, The Accounting Review, January 2010, Vol. 85, No.1, with Andrew Leone (Northwestern University)