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Zining Li, Ph.D. - Loyola Marymount University. Los Angeles, CA, US

Zining Li, Ph.D. Zining Li, Ph.D.

Assistant Professor of Accounting, College of Business Administration | Loyola Marymount University



You can contact Zining Li at zining.li@lmu.edu.

Zining Li joined LMU’s accounting faculty in 2016 as a tenure-track assistant professor. She most recently taught intermediate financial accounting and fundamentals of accounting to undergraduate students in the Cox School of Business at Southern Methodist University in Dallas. Zining’s areas of expertise include accounting, financial reporting and economics. Her research has been published in various accounting journals and she’s presented at multiple academic conferences and accounting events. Zining’s professional experience includes serving as auditor of the Bureau of Tourism, Hubei Provincial Government, in China from 1997-1999. Zining earned a bachelor’s degree in business economics from Zhongnan University of Economics and Law in China, a master’s degree in applied economics from the University of Minnesota, and a Ph.D. in accounting from the University of Minnesota.

Education (3)

University of Minnesota: Ph.D., Accounting 2008

University of Minnesota: M.S., Applied Economics 2004

Zhongnan University of Economics and Law: B.S., Business Economics 1997

Areas of Expertise (3)



Financial Reporting

Industry Expertise (1)


Languages (1)

  • Chinese

Articles (7)

Public Information and Market Skepticism of Voluntary Disclosure

Paths for Sustainable Development


“Public Information and Market Skepticism of Voluntary Disclosure” with R. Lunawat, 2017. Book chapter (invited) in “Paths for Sustainable Development” edited by Robert Lensink, Stefan SJogren, and Clas Wihlborg; Published by the University of Gothenburg (Sweden) and the University of Groningen (Netherlands).

Goodwill Impairment: Causes and Consequences

Review of Accounting Studies


The paper examines the reaction of market participants to the announcement of a goodwill impairment loss, the nature of the information conveyed by the loss, and whether a cause of goodwill impairment can be traced back to overpayment for targets at the time of prior acquisitions.

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Does Internal Control over Financial Reporting Curb Corporate Corruption? Evidence from China

Working Paper


We examine whether internal control over financial reporting (internal control) reduces the expropriation of resources from the firm by managers and controlling shareholders.

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Mandatory IFRS adoption and Earnings Management: Evidence from China

Working Paper


We investigate the implications of IFRS on earnings management behavior by Chinese listed firms, and whether those implications vary by type of controlling shareholders.

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Banks’ Deferred Tax Assets during the Financial Crisis

Review of Quantitative Finance and Accounting (forthcoming)


Prior studies have suggested that deferred taxes are not generally viewed as economically valuable by the marketplace. The purpose of this paper is to extend this research to the banking industry during the period: 2006-2010.

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The Implications of Recognition and Disclosure of Accounting Information on the Valuation of Employee Stock Options

Working Paper


This study examines whether the accounting treatment of employee stock options affects the cost of equity capital.

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The Impact of Economic Determinants on the Change in Employee Options Use Post SFAS 123R

Working Paper


The determinants of the dramatic increase in the use of employee stock options in the 1990s and the subsequent decline in their popularity have been the subject of intense debate.

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