Faculty Directory
Susan Shu
Professor
Kathleen Fruin Corbet Faculty Fellow
Susan Shu
Contact
Fulton Hall 560A
Email: susan.shu.1@bc.edu
Education
- BS, University of Dubuque
- MS, University of Rochester
- Ph.D, University of Rochester
Research Interests
Corporate Disclosure; Media; Social Media; Security Litigation; Enforcement; Insider Trading; Auditor-Client Alignment; and Cost of Capital.
Expertise
- Valuation, Asset Pricing, and Financial Statement Analysis
- Capital Markets
- Disclosure
Department
PUBLICATIONS
“Motivational optimism and short-term investment efficiency.” (With Meng Li and Stan Markov.) The Accounting Review, 98 (5), 429-454. September, 2023.
“Does tax enforcement deter managers' self-dealing?” (With Ben Yost.) Journal of Accounting and Economics, 74 (1), 101512. August, 2022.
“Regulatory transparency and the alignment of private and public enforcement: Evidence from the public disclosure of SEC comment letters.” (With Amy Hutton and Xin Zheng). Journal of Financial Economics, 145 (1), 297-321. July, 2022.
“Can social media distort price discovery? Evidence from merger rumors.” (With Weishi Jia, Giulia Redigolo and Jingran Zhao.) Journal of Accounting and Economics, 70 (1), 101334. August, 2020.
“Are all perks solely perks? Evidence from corporate jets.” (With Lian Fen Lee and Michelle Lowry.) Journal of Corporate Finance, 4, 460-473. February, 2018.
“The role of social media in the capital market: Evidence from consumer product recalls.” (With Amy Hutton and Lian Fen Lee.) Journal of Accounting Research, 53 (2), 367-404. May, 2015. Top Cited Articles Contributing to the 2020 5-Year JAR Impact Factor.
“The insurance hypothesis: an examination of KPMG’s audit clients.” (With Billy Soo, Greg Trompeter and Darryl Brown.) Auditing: A Journal of Practice and Theory, 32 (4), 321-24. November, 2013.
“Do managers always know better? The relative accuracy of management and analyst forecasts.” (With Amy Hutton and Lian Fen Lee.) Journal of Accounting Research, 50 (5), 1217–1244. December, 2012. Top Cited Articles, JAR 2015.
“Properties of implied cost of capital using analysts’ forecasts.” (With Wayne Guay and S. P. Kothari.) Australian Journal of Management, 36 (2), 125-149. August, 2011. Winner of E. Yetton Prize of Best Paper Award.
“Do managers withhold bad news?” (With S. P. Kothari and Peter Wysocki.) Journal of Accounting Research, 47 (1), 475-679. March, 2009. Winner of Notable Contribution to Accounting Literature Award 2014, American Accounting Association.
“Does disclosure deter or trigger litigation?” (With Michelle Lowry and Laura Field.) Journal of Accounting and Economics, 39 (3), 487-507. September, 2005.
“Litigation risk and IPO underpricing.” (With Michelle Lowry.) Journal of Financial Economics, 65 (3), 309-335. September, 2002.
- “Auditor resignations: clientele effects and legal liability.” Journal of Accounting and Economics, 29 (2), 173-205. April, 2000.