Lili Dai

Associate Professor

Lili Dai

Associate Professor | Director of Postgraduate Program

School of Accounting - CA | PhD, Nanyang Technological University | MA, Humboldt University of Berlin | BSc, Shanghai Jiao Tong University

About Lili

Lili Dai is an Associate Professor of Accounting at the UNSW Business School. He is also a deputy editor of the Accounting and Finance journal, a home journal published on behalf of The Accounting and Finance Association of Australia and New Zealand (AFAANZ). His research interests are in the areas of capital markets-based research in accounting, auditing, and financial issues. 

Before joining UNSW, Lili held academic positions at the College of Business and Economics, Australian National University (ANU), and the Erasmus School of Economics, Erasmus University Rotterdam (EUR). He completed a Ph.D. in Business at the Nanyang Business School, Nanyang Technological University (NTU). 

Lili's publications have appeared in the world-leading and reputable journals including the Journal of Accounting Research, Review of Financial Studies, Review of Accounting Studies, European Accounting Review, Journal of Corporate Finance, and Journal of Banking and Finance.

His recent studies have been nominated for the Best Paper Award in Financial Accounting and the Best Paper Award in Auditing at the AFAANZ Annual Conference. Lili's research was funded by AFAANZ and the research grants from UNSW and ANU. His research achievement has been recognized by the UNSW Business School Research Excellence Award. 

Find more information about Lili's recent research work on the personal website.

Journal articles
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Dai L; Ngo P, 2021, 'Political Uncertainty and Accounting Conservatism', European Accounting Review, vol. 30, pp. 277 - 307, http://dx.doi.org/10.1080/09638180.2020.1760117
2021
Dai L; Shen R; Zhang B, 2021, 'Does the Media Spotlight Burn or Spur Innovation?', Review of Accounting Studies, vol. 26, pp. 343 - 390, http://dx.doi.org/10.1007/s11142-020-09553-w
2021
Morris RD; Dai L; De Groote S; Holmes E; Lau L; Li CK; Nguyen P, 2021, 'Coping with COVID: pivoting perspectives from teaching a third-year undergraduate financial accounting course', Accounting Research Journal, vol. 34, pp. 279 - 289, http://dx.doi.org/10.1108/ARJ-09-2020-0295
2021
Dai L; Parwada J; Winchester DW; Zhang B, 2021, 'The more we know, the less we agree: A test of the trading horizon heterogeneity theory', The Financial Review, http://dx.doi.org/10.1111/fire.12282
2021
Brogaard J; Dai L; Ngo PTH; Zhang B, 2020, 'Global Political Uncertainty and Asset Prices', Review of Financial Studies, vol. 33, pp. 1737 - 1780, http://dx.doi.org/10.1093/rfs/hhz087
2020
Banerjee S; Dai L; Humphery-Jenner M; Nanda V, 2020, 'Governance, Board Inattention, and the Appointment of Overconfident CEOs', Journal of Banking & Finance, pp. 105733 - 105733, http://dx.doi.org/10.1016/j.jbankfin.2019.105733
2020
Dai L; Zhang B, 2019, 'Political Uncertainty and Finance: A Survey', Asia-Pacific Journal of Financial Studies, vol. 48, pp. 307 - 333, http://dx.doi.org/10.1111/ajfs.12257
2019
Dai L; Dharwadkar R; Shi L; Zhang B, 2017, 'The governance transfer of blockholders: Evidence from block acquisitions and earnings management around the world', Journal of Corporate Finance, vol. 45, pp. 586 - 607, http://dx.doi.org/10.1016/j.jcorpfin.2017.06.004
2017
Dai L; Fu R; Kang JK; Lee I, 2016, 'Corporate governance and the profitability of insider trading', Journal of Corporate Finance, vol. 40, pp. 235 - 253, http://dx.doi.org/10.1016/j.jcorpfin.2016.08.002
2016
Dai L; Parwada JT; Zhang B, 2015, 'The governance effect of the media's news dissemination role: Evidence from insider trading', Journal of Accounting Research, vol. 53, pp. 331 - 366, http://dx.doi.org/10.1111/1475-679X.12073
2015
Banerjee S; Dai L; Shrestha K, 2011, 'Cross-country IPOs: What explains differences in underpricing?', Journal of Corporate Finance, vol. 17, pp. 1289 - 1305, http://dx.doi.org/10.1016/j.jcorpfin.2011.06.004
2011
Preprints
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Dai L; Parwada JT; Winchester DW; Zhang B, The More We Know, the Less We Agree: A Test of the Trading Horizon Heterogeneity Theory, http://dx.doi.org/10.2139/ssrn.3735619
Dai L; Parwada JT; Zhang B, The Governance Role of the Media Through News Dissemination: Evidence from Insider Trading, http://dx.doi.org/10.2139/ssrn.2347896
Banerjee S; Dai L; Humphery-Jenner M; Nanda VK, Executive Confidence and New CEO Selection, http://dx.doi.org/10.2139/ssrn.2371435
Banerjee S; Dai L; Humphery-Jenner M; Nanda VK, Executive Confidence and New CEO Selection, http://dx.doi.org/10.2139/ssrn.2345766
  • 2021 AFAANZ Conference Best Paper Award in Financial Accounting

  • 2021 AFAANZ Conference Best Paper Award in Auditing

  • 2020 UNSW Business School Research Excellence Award

  • 2020 Accounting & Finance Associations of Australia and New Zealand Research Grant ($7,114)

  • 2018 UNSW Business School BSRG Grant ($10,000)

  • 2017 Accounting & Finance Associations of Australia and New Zealand Research Grant ($5,000)

  • 2016 ANU College of Business and Economics Quality Research Publication Scheme ($7,000)

  • 2014 ANU College of Business and Economics Research School Grant ($10,000)

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