Yue Li

Yue Li

Professor (Accounting); Ph. D., CPA, CMA
IMI

Yue Li is an established accounting researcher.  He is a recipient of the 2023 Distinguished Contributions to Accounting Literature Award from the American Accounting Association (AAA). Two influential publications that Yue co-wrote contribute to his AAA award, including a 2008 study on the relationship between environmental performance and environmental disclosure – cited more than 3,600 times in Google Scholar.  His 2011 research on the determinants and consequences of proactive environmental strategies has generated more than 1,000 Google Scholar citations. Together, Yue Li’s research has garnered close to 8,000 Google Scholar citations.  He has been invited to present his research work internationally.

SCHOLARSHIP & RESEARCH

Yue’s research examines how accounting information and corporate environmental disclosures affect market valuation of the firm. His area of expertise includes environmental accounting, corporate disclosure of environmental information, CSR reporting and assurance, and corporate sustainability management. He currently serves as an Editor (ad hoc) for Contemporary Accounting Research, an Associate Editor for British Accounting Review. He also served as a Guest Editor for the Journal of Management Accounting Research, and as an Associate Editor for the Asia Pacific Journal of Accounting and Economics and Managerial Auditing Journal. His research papers have been published in many leading accounting research journals, including TAR, CAR, AOS, JAPP, EAR, among others.

Google Scholar

Publications

Selected Publications - Papers

“Causes and Consequences of Voluntary Assurance of CSR Reports: International Evidence Involving Dow Jones Sustainability Index Inclusion and Firm Valuation,” Peter Clarkson, Yue Li, Gordon Richardson, and Albert Tsang, Accounting, Auditing & Accountability Journal, Vol. 32 No. 8, pp. 2451-2474. December, 2019.

“What is corporate sustainability and how do firms practice it? a management accounting research perspective,” Editorial, Satish Joshi and Yue Li, Journal of Management Accounting Research, Vol. 28, No. 2, pp. 1-11, Summer 2016.

“The Valuation Relevance of Greenhouse Gas Emissions under the European Union Carbon Emissions Trading Scheme,” Peter Clarkson, Yue Li, Matthew Pinnuck, and Gordon Richardson, the European Accounting Review, 2015, Vol. 24, Issue 3, pp. 551-580.

“Voluntary Adoption of Independent Audit Committees: Theory and Empirical Evidence from Toronto Venture Exchange Listed Firms,” Feng Chen and Yue Li, the Accounting Review, 2013, Vol. 88, No. 6, pp. 1939-1969. 

“The relevance of environmental disclosures: Are such disclosures incrementally informative?”  Peter Clarkson, Xiao Hua Fang, Yue Li and Gordon Richardson, Journal of Accounting and Public Policy, 2013, 32, pp. 410-431. 

“Does it Really Pay to be Green? Determinants and Consequences of Proactive Environmental Strategies,” Clarkson, P., Y. Li, G. Richardson and F. Vasvari.  Journal of Accounting and Public Policy, 2011, 30, pp. 122-144. 

“Valuing IPOs Using Price-Earnings Multiples Disclosed by IPO Firms in an Emerging Capital Market” Firth, M., Y. Li and Steve S. Wang, Review of Pacific Basin Financial Markets and Policies, Volume 11, Issue 3, September 2008, pp. 429 – 463.

“Revisiting the Relation between Environmental Performance and Environmental Disclosure: An Empirical Analysis,” P. Clarkson, Y. Li, G. Richardson, and F. Vasvari, Accounting, Organizations and Society, Volume 33, Issues 4-5, May-July 2008, pp. 303-327.  This paper won the Emerald Management Reviews Citations of Excellence Award in 2012 as the most cited paper published in the AOS since 2008. 

“The Market Valuation of Environmental Capital Expenditures by Pulp and Paper Companies," Clarkson, P., Y. Li, and G.  Richardson, the Accounting Review, April 2004, Vol. 79, No. 2, pp. 329-353.  

“Simultaneous Signaling in IPOs via Management Earnings Forecasts and Retained Ownership: An Analysis of the Substitution Effect,”  Li, Y., and B.  McConomy, Journal of Accounting, Auditing, and Finance, Winter 2004, Vo. 19, No.1, pp. 1-28.

“Time-Varying Default Risk Premiums in the Eurodollar Deposit Market,” Li, Y. and D. G. Wei, Advances in Quantitative Analysis in Finance and Accounting, vol. 9, 2001, pp. 1-29.

“Disclosure of Environmental Information by Canadian Manufacturing Companies: A Voluntary Disclosure Perspective,” Bewley, K. and Y. Li,  Advances in Environmental Accounting and Management, vol. 1, 2000, pp. 201-226.

“An Empirical Examination of Factors Affecting the Timing of Environmental Accounting Standard Adoption and the Impact on Corporate Valuation,” Li, Y. and B.  McConomy, Journal of Accounting, Auditing, and Finance, Vol.  14, No. 3, Summer 1999, pp.  279-313.

“Corporate Disclosure of Environmental Liability Information: Theory and Evidence," Li, Y,  G. Richardson and D. Thornton, Contemporary Accounting Research, Vol.  14, No.  3, Fall, 1997, pp.  435-474.

Selected Publications – Book Chapters

“A Workable and Effective Corporate Governance System for China's State Owned Enterprises,” M. Gordon, Y. Li and Z. L. Tian, in China's Tax Reform Options, edited by Trish Fulton, Jinyan Li and Dianqing Xu, World Scientific Publishing, 1998, pp. 255-292.

“Ownership and Control of State Owned Enterprises in China,” M. Gordon,  Y. Li and Z. L. Tian,  in Taxation in Modern China, edited by Donald Brean, Routledge, 1998, pp.  245-283.