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Associate Professor Lili Dai

Associate Professor Lili Dai

Associate Professor
Business School
School of Accounting, Auditing and Taxation

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 in Accounting at the UNSW Business School. Before joining UNSW, he held academic positions at the Australian National University and Erasmus University Rotterdam in the Netherlands.Ìý

His research interests are in the areas of capital markets-based research in accounting, auditing, and financial issues. His work has been published in The Accounting Review, Journal of Accounting Research, Review of Financial Studies, Review of Accounting Studies, European Accounting Review, Journal of Business Finance & Accounting, British Accounting Review, Journal of Corporate Finance, and Journal of Banking and Finance.ÌýLili currently serves as an Editor of Corporate Governance: An International Review (CGIR) and a Deputy Editor of Accounting and Finance,Ìýas well as serving as an Editorial Board Member and Ad Hoc Associate Editor for British Accounting Review.ÌýHis research work has been recognised by the UNSW Business School Research Excellence Award, the Dean’s Research Fellowship, andÌýthe Best Paper Awards at theÌýAccounting and Finance Association of Australia and New Zealand Annual (AFAANZ) Conference.Ìý

Lili is also a passionate educator. He has initiated and led the design of the Accounting Data Analytics Module for one core postgraduate course, making it the 1st accounting course at UNSW in which students are learning how to use programming and coding to analyse big accounting data in the real capital market.ÌýAs the School’s Postgraduate Program Director, he is leading and overseeing multiple postgraduate programs, including the Master of Professional Accounting (MPA) Program, the Accounting Specialisation in Master of Commerce (MCom) Program, and the Master of Financial Analysis Program.ÌýThis leadership role involves educational activities such as the Assurance of Learning for Business School Accreditation, the Professional Accreditation for the Chartered Accountants Australia & New Zealand and CPA Australia, the Curriculum Refresh of MCom Program, the Academic Program Review of MPA Program, and the oversight of various teaching and learning issues at the School and across the Business Faculty.Ìý

As part of Lili's leadership role in the perspective of collegiality and engagement, he has developed and led the CPA Pathway Postgraduate Programs at UNSW, which aimed to provide students with a rich professional experience aligning with the rigorous standards set by CPA Australia and offer students hands-on opportunities to apply their learning in real-world professional settings to enhance their employability. This is the 1st CPA Program among the Group of Eight Australia's leading universities.ÌýLeveraging on his research expertise and editorial roles, Lili has served on the research committee of AFAANZ, acted as a mentor at the International CGIR Junior Scholar Consortium, edited a Special Issue of Accounting and Finance,Ìýcorroborating with the International Accounting Standards Board for the theme of the Implementation of International Financial Reporting Standards, and provided comments toÌýthe Australian Accounting Standards Board on the Exposure Draft of the Australian Sustainability Reporting Standards.

Find more information about Lili's recent research work on hisÌý.

Phone
+61 2 9065 1612
Location
Room 3094, Quadrangle Building - E15 Reference
  • Journal articles | 2024
    Dai L; Dai R; Ng L; Peng Z, 2024, 'Global outsourcing and voluntary disclosure', Journal of Business Finance and Accounting, 51, pp. 846 - 879,
    Journal articles | 2024
    Dai L; Landsman WR; Peng Z, 2024, 'Private Loan Issuance and Risk Factor Disclosure', The Accounting Review, 99, pp. 1 - 28,
    Journal articles | 2024
    Li H; Gao Y; Zhu Y; Dai L, 2024, 'Family control, institutional investors, and financial distress: Evidence from China', Accounting & Finance, 64, pp. 2485 - 2511,
    Journal articles | 2023
    Chen W; Dai L; Fang X; Zhang W, 2023, 'Labor protection and stock price crash risk: Evidence from international equity markets', British Accounting Review, pp. 101274,
    Journal articles | 2023
    Chen W; Dai L; Tan HT, 2023, 'When does analyst reputation matter? Evidence from analysts’ reliance on management guidance', Journal of Business Finance and Accounting, 50, pp. 1305 - 1337,
    Journal articles | 2022
    Dai L; Parwada J; Winchester DW; Zhang B, 2022, 'The more we know, the less we agree: A test of the trading horizon heterogeneity theory', The Financial Review, 57, pp. 45 - 67,
    Journal articles | 2021
    Dai L; Ngo P, 2021, 'Political Uncertainty and Accounting Conservatism', European Accounting Review, 30, pp. 277 - 307,
    Journal articles | 2021
    Dai L; Shen R; Zhang B, 2021, 'Does the Media Spotlight Burn or Spur Innovation?', Review of Accounting Studies, 26, pp. 343 - 390,
    Journal articles | 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, 34, pp. 279 - 289,
    Journal articles | 2020
    Banerjee S; Dai L; Humphery-Jenner M; Nanda V, 2020, 'Governance, Board Inattention, and the Appointment of Overconfident CEOs', Journal of Banking & Finance, 113, pp. 105733 - 105733,
    Journal articles | 2020
    Brogaard J; Dai L; Ngo PTH; Zhang B, 2020, 'Global Political Uncertainty and Asset Prices', Review of Financial Studies, 33, pp. 1737 - 1780,
    Journal articles | 2019
    Dai L; Zhang B, 2019, 'Political Uncertainty and Finance: A Survey', Asia-Pacific Journal of Financial Studies, 48, pp. 307 - 333,
    Journal articles | 2017
    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, 45, pp. 586 - 607,
    Journal articles | 2016
    Dai L; Fu R; Kang JK; Lee I, 2016, 'Corporate governance and the profitability of insider trading', Journal of Corporate Finance, 40, pp. 235 - 253,
    Journal articles | 2015
    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, 53, pp. 331 - 366,
    Journal articles | 2011
    Banerjee S; Dai L; Shrestha K, 2011, 'Cross-country IPOs: What explains differences in underpricing?', Journal of Corporate Finance, 17, pp. 1289 - 1305,
  • Preprints |
    Chen W; Dai L; Fang X; Zhang W, Labor Protection and Corporate Misconduct: Evidence from International Equity Markets, ,
    Preprints |
    Dai L; Dai R; Ng LK; Peng ZR, Does Global Outsourcing Affect Corporate Customers’ Voluntary Disclosures?, ,
    Preprints |
    Dai L; Fu R; Kang J-K; Lee I, Corporate Governance and Insider Trading,
    Preprints |
    Dai L; Gong P; Jackson AB; Peng ZR, Answers Without Questions, ,
    Preprints |
    Dai L; Landsman WR; Peng ZR, Risk Factor Disclosure and Private Debt Contracting, ,
    Preprints |
    Dai L; Landsman WR; Peng ZR, The Environmental Spillover Effect through Private Lending, ,

  • 2024ÌýNational Natural Science Foundation of ChinaÌýGeneral Program Grant

  • 2024ÌýAccounting & Finance Associations of Australia and New Zealand Research GrantÌý

  • 2020 Accounting & Finance Associations of Australia and New Zealand Research GrantÌý

  • 2018 UNSW Business School BSRG GrantÌý

  • 2017 Accounting & Finance Associations of Australia and New Zealand Research Grant

  • 2016 ANU College of Business and Economics Quality Research Publication SchemeÌý

  • 2014 ANU College of Business and Economics Research School GrantÌý

  • 2024ÌýUNSW Business School SDG Research Award

  • 2024ÌýAFAANZ Conference Best Paper Award in Corporate Finance

  • 2022-2023ÌýUNSW Business School Dean’s Research Fellowship

  • 2021 AFAANZ Conference Best Paper Award in Financial Accounting

  • 2021ÌýAFAANZ Conference Best Paper Award in Auditing

  • 2020 UNSW Business School Research Excellence Award

  • 2015ÌýNew Zealand Finance ColloquiumÌýBest Paper Award

Professional Roles

2024-Present, Research Committee Member of the Accounting and Finance Association of Australia and New Zealand.

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Editor and Reviewer Roles

  • 2024-Present, Ad Hoc Associate Editor & Editorial Board Member, British Accounting Review.

  • 2022-Present, Editor, Corporate Governance: An International Review.

  • 2020-Present, Deputy Editor, Accounting and Finance.

  • 2018-Present, Editorial Board Member, Accounting and Finance.

  • Ad Hoc Reviewer for refereed journals:

    • The Accounting Review

    • Review of Accounting Studies

    • Contemporary Accounting Research

    • Accounting, Organizations and Society

    • Management Science

    • Review of Finance

    • British Accounting Review

    • European Accounting Review

    • Journal of Business Finance and Accounting

    • Journal of Corporate Finance

    • Journal of Banking and Finance

    • Journal of Business Ethics

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Media Releases

  • 2024Ìý

  • 2024Ìý

  • 2021Ìý

  • 2020Ìý

  • 2020Ìý

  • 2017Ìý

  • 2015Ìý

  • 2015Ìý

  • 2015Ìý

My Research Supervision

Ph.D. Students in Accounting

  • Danlin ChiÌý(In Progress)

  • Ìý(1st Placement at the University of Queensland)

  • Ìý(1st Placement at the Flinders University)

My Teaching