Michelle Liu

Dr. Michelle Liu is an associate professor of accounting in the Department of Economics at Hunter College. She teaches courses on big data, data analytics, computer accounting systems and advanced accounting to students majoring in accounting. She also conducts outreach to current students in the program as well as alumni.

Dr. Liu’s research focuses on public policies set by the SEC and on firm accounting restatements. Her work has been featured in numerous publications including the Journal of Accounting and Economics, Review of Accounting Studies, European Financial Management and many others.

She holds a doctorate degree from the Massachusetts Institute of Technology (MIT) and an undergraduate degree from the Southern Methodist University Cox School of Business. Dr. Liu is also a certified public accountant (CPA) licensed in New York since 2010.

• Massachusetts Institute of Technology (PhD)
• Southern Methodist University Cox School of Business (BA)

• “On the SEC’s 2010 Enforcement Cooperation Program”, Journal of Accounting and Economics, February 2021, Vol. 71, No. 1, with Andrew Leone (Northwestern) and Edward Li (CUNY Baruch).
• “A Simple Structural Estimator of Disclosure Costs”, Review of Accounting Studies, January 2020, with Edwige Cheynel (U.C. San Diego).
• “Accruals and Managerial Operating Decisions around Firm Growth: Implications for Discretionary Accrual Models”, Journal of Management Accounting Research, Spring 2019
• “Are the Fama French Factors Treated as Risk? Evidence from CEO Compensation”, European Financial Management, November 2018, Vol. 24, No. 5, pp. 728-774, with Jeremy Bertomeu (U.C. San Diego) and Edwige Cheynel (U.C. San Diego)
• “Cross-sectional Determinants of Information Quality Proxies and Cost of Capital Measures”, Quarterly Journal of Finance, June 2017, Vol. 7, No. 2, with Peter Wysocki (Boston University)
• “Pension Freezes in Delta Airlines Inc. and Blonder Tongue Lab Inc.: Different Paths, Same Fate”, Journal of Business and Behavioral Sciences, Spring 2016, Vol. 28, No. 1, with John H. Kim Kim (Hunter College, CUNY) and J.K. Yun (NYIT)
• “GAAP vs. IFRS Treatment of Leases and the Impact on Financial Ratios”, Review of Business & Finance Studies, 2016, Vol. 7, No.1, with Thomas A. Buchman and (University of Colorado at Boulder) and Peter Harris (NYIT)
• “Regulatory Scrutiny, Labor Unions, and Pension Freezes”, Journal of Business and Accounting, Fall 2015, Vol. 8, No.1, with John H. Kim (Hunter College, CUNY) and J.K. Yun (NYIT)
• “IPOs, Operating Activities, and IPO Underperformance”, The Journal of Business and Economic Studies, Spring 2014, Vol. 20, No. 1 (Lead Article), with Clayton Forester (University of Minnesota at Morris), Winner of Best Paper Award at the 2013 Northeast Business and Economics Association (NBEA) 40th Annual Conference
• “Accounting Irregularities and Executive Turnover in Founder-Managed Firms”, The Accounting Review, January 2010, Vol. 85, No.1, with Andrew Leone (Northwestern University)