Hai Lu

Academic Positions

Selected Publications - Papers

• Accounting Quality, Stock Price Delay, and Future Stock Returns

  with J. Callen and M. Khan

  Contemporary Accounting Research 30 (1), 2013.

• Brokerage Industry Self-Regulation: The Case of Analysts' Background Disclosures

  with L. Brown and A. Hugon

  Contemporary Accounting Research 27 (4), 2010.

• Conflict-of-Interest Reforms and Investment Bank Analysts' Research Biases

  with Y. Guan and F. Wong

  Journal of Accounting, Auditing, and Finance 27 (4), 2012.

• Direct and Indirect Effects of Internal Control Weakness on Accruals Quality: Evidence from a Unique Canadian Regulatory Setting

  with G. Richardson and S. Salterio

  Contemporary Accounting Research 28 (2), 2011.

• Do Short Sellers Front-Run Insider Sales?

  with M. Khan

  The Accounting Review 88 (5), 2013.

• Investor Sentiment, Disagreement, and Breadth-Return Relationship

  with L. Cen and L. Yang

  Management Science 59 (5), 2013.

• Is Sin Always Sin? The Interaction Effect of Social Norms and Financial Performance on Market Participants' Behavior

  with Y. Liu and K. Veenstra

  Accounting, Organizations and Society, 39, 2014

• Price Shocks, News Disclosures, and Asymmetric Drifts

  with K. Wang and X. Wang

  The Accounting Review 89 (5), 2014

• Rational Information Leakage

  with R. Indjejikian and L. Yang

  Management Science, 89 (5), 2014.

• The Agency Problem, Corporate Goverance, and the Asymmetrical Behavior of Selling, General, and Administrative Costs

  with C. X. Chen and T. Sougiannis

  Contemporary Accounting Research 29 (1), 2012.

• Wealth Transfer Effects of Analysts' Misleading Behavior

  with G. De Franco and F. Vasvari

  Journal of Accounting Researh 47 (1), 2007. Reprinted in Financial Accounting and Investment Management Edited by Werner De Bondt in The International Library of Critical Writing in Financial Economics Series Editor, Richard Roll, 2009.

• Discretionary Disclosure on Twitter

  with R. Crowley and W. Huang

  Working paper

  2017

• Green Disclosures? Social Media and Prosocial Behavior

  with B. Su and W. Huang

  Working paper

  2017

• Market Failure and Reemergence: A Study of Chinese Firms Listed in the US

  with R. Beatty and W. Luo

  Working paper

  2017

• Option Backdating Announcements and Information Advantage of Institutional Investors

  with W. Huang and X. Wang

  Working paper

  2017

• Regulations and Brain Drain: Evidence from the Wall Street Star Analysts' Career Choice

  with Y. Guan, C. Li, and F. Wong

  working paper

  2017

• The Benefits of Specific Risk-Factor Disclosures

  with O.K. Hope and D. Hu

  Review of Accounting Studies, 21 (4)

  2016

Research and Teaching Interests

Regulations in capital markets, insider trading, financial analysts, corporate governance, Chinese capital markets.

Honors and Awards

Professional Affiliations/Memberships

Academic / Professional Service