Xi Li

Dr. Xi Li is the Associate Professor of Accounting at The London School of Economics and Political Science (LSE). Before joining the LSE in 2016, she worked at Fox School of Business, Temple University and the Wharton School, University of Pennsylvania. She earned her PhD in accounting from the London Business School in 2010.

Dr. Li is currently a Research Fellow at Centre for Endowment Asset Management at Cambridge Judge Business School and Centre for Analysis of Risk and Regulation (CARR) at London School of Economics.

Dr. Li’s research focuses on Financial Reporting and Disclosure, Debt Contracting, and Shareholder Engagement on Environmental, Social and Governance (ESG) issues. She has published in top-tier academic journals in accounting and finance areas.

Dr. Li’s research has won various international awards and grants. Her work has been cited in the media, including Wall Street Journal, Financial Times, Motley Fool, PR Newswire and RI Quarterly.

Research interests

• Financial Reporting and Disclosure
• International Accounting
• Corporate Governance
• Debt Contracting
• Corporate Social Responsibility

Education

• PhD London Business School (2005 — 2010)
• Dual bachelor's degree in E-Commerce Peking University (2003 — 2005)
• Bachelor's degree in Economics Peking University (2001 — 2005)

Publications

• “The Effects of a Mixed Approach toward Management Earnings Forecasts: Evidence from China” (with Xiaobei Huang, Senyo Tse, and Jennifer Wu Tucker), 2018, Journal of Business Finance & Accounting, Vol. 45 (3-4), pp. 319-351.
• “A Review of the IFRS Adoption Literature” (with Emmanuel De George and Lakshmanan Shivakumar), 2016, Review of Accounting Studies, Vol. 21 (3), pp. 898-1004.
• “Mandatory Financial Reporting and Voluntary Disclosure: The Effect of Mandatory IFRS Adoption on Management Forecasts” (with Holly Yang), 2016, The Accounting Review, Vol.91 (3), pp. 933-953.
• “Contractibility and Transparency of Financial Statement Information Prepared under IFRS: Evidence from Debt Contracts around IFRS Adoption” (with Ray Ball and Lakshmanan Shivakumar), 2015, Journal of Accounting Research, Vol. 53 (5), pp. 961-953.
• Active Ownership” (with Elroy Dimson and Oguzhan Karakas), 2015, Review of Financial Studies, Vol. 28 (12), pp. 3225-3268.
• “Accounting Conservatism and the Cost of Capital: International Analysis”, 2015, Journal of Business Finance & Accounting, Vol. 42 (5-6), pp. 555-582.
• “The Impacts of Product Market Competition on the Quantity and Quality of Voluntary Disclosures”, 2010, Review of Accounting Studies, Vol. 15 (3), pp. 663-711.