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Hai Lu


Hai Lu

McCutcheon Professor in International Business and Professor of Accounting
Director, Guanghua-Rotman Centre for Information and Capital Market Research


PhD, University of Southern California

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Hai Lu is McCutcheon Professor in International Business and Professor of Accounting at the Rotman School where he conducts research on insider trading, securities valuation, corporate governance, and the Chinese capital market. He is currently interested in field studies and unstructured data analysis. He has published in leading academic journals in accounting such as Accounting, Organizations and Society, The Accounting Review, Contemporary Accounting Research, Journal of Accounting and Economics, Journal of Accounting Research, Review of Accounting Studies, and Management Science. Professor Lu is the director of Guanghua-Rotman Centre for Information and Capital Market Research and is an editor of Contemporary Accounting Research and Accountability in a Sustainable World Quarterly.

Academic Positions

  • 2016-

    Professor , Rotman School, University of Toronto

  • 2015-2017

    Visiting Professor, Singapore Management University

  • 2011-2016

    Associate Professor, Rotman School, University of Toronto

  • 2004-2011

    Assistant Professor, Rotman School, University of Toronto

Selected Publications - Papers

Featured Work


  • Our field study forthcoming in Journal of Accounting and Economics indicates the importance of understanding the unique institutional features in China which shapes its financial reporting and disclsoure practices. 
  • The development of the Annual Transparency Index and White Paper and the Annual Best Listed Company Award which recognizes companies for their transparent information disclosure summarize our field work and is our effort to promote better governance in China.
  • “Gender and beauty biases exist in our society regardless of how competitive an industry is, and stereotypes and bias may be rooted deeply in culture and legal environment.” See our study published in Review of Accounting Studies on the all-star analysts vote and the findings are featured by the Institutional Investor magazine. The bias also exists in academic world (See our research findings)

Research and Teaching Interests

ESG, financial analysts, corporate governance, regulations, Chinese capital markets.