You are here
Phone: +86 10 8518 8858 ext. 3251
Professor of Accounting and Finance
Associate Dean of CKGSB
PhD, Columbia University
Research Areas: Financial Accounting, Corporate Finance, Investments, Chinese Economic Reforms
Liu's research has earned a number of awards, including the 2005 Eric and "E" Juline Faculty Excellence in Research Award from UCLA's Anderson School and the 2007 Barclays Global Investors (BGI) Best Paper Award from the Review of Accounting Studies. In 2010, he received the Best Research Award from CKGSB.
- "Stock Returns and Accounting Earnings," with Jacob Thomas, Journal of Accounting Research, spring 2000.
- "The Feltham-Ohlson (1995) Model: Empirical Implications," with James Ohlson, Journal of Accounting, Auditing and Finance, summer 2000.
- "Equity Valuation Using Multiples," with Jacob Thomas and Doron Nissim, Journal of Accounting Research, March 2002.
- "Measuring Value Relevance in a (possibly) Inefficient Market," with David Aboody and John Hughes, Journal of Accounting Research, September 2002.
- "Valuation and Accounting for Inflation and Foreign Exchange," with John Hughes and Mingshan Zhang, Journal of Accounting Research, September 2004
- "Discussion of 'The role of changes in expectations in explaining the cross-section of returns.'" Review of Accounting Studies, September 2004.
- "Earnings quality, insider trading and cost of capital," with David Aboody and Jack Hughes, the Journal of Accounting Research, 2005.
- "On international accounting valuation," the Journal of International Accounting Research, 2006.
- "Cash flow is king? Comparing valuations based on cash flow versus earnings multiples," with Jacob Thomas and Doron Nissim, the Financial Analyst Journal, 2007.
- "Information asymmetry, diversification and cost of capital" with John Hughes and Jun Liu, the Accounting Review, 2007.
- "Are executive stock option exercises driven by private information?" with David Aboody, John Hughes and Wei Su, the Review of Accounting Studies, 2008.
- "On the relation between predictable market returns and predictable analysts' forecast errors," with John Hughes and Wei Su, the Review of Accounting Studies, 2008. Winner of the BGI best paper award.
- "On the relation between expected returns and implied cost of capital," with John Hughes and Jun Liu, the Review of Accounting Studies, 2009.
- "Leverage, excess leverage and future stock returns," with Judson Caskey and John Hughes, the Review of Accounting Studies, 2011.
- “The Warren Buffet Anomaly,” with John Hughes and Mingshan Zhang, submitted.
- “Market and analyst reactions to earnings announcements: an efficiency comparison.”
- “An empirical investigation of implied cost of capital,” with John Hughes and Ruihao Ke.
Topics in Financial Accounting
Introduction to Financial Accounting
Economics with Chinese Characteristics
China’s Financial Markets
Financial Statement Analysis and Equity Valuation
Global CEO program, LBS module