Susan Shu

EDUCATION

Ph.D., University of Rochester
M.S., University of Rochester
B.S., University of Dubuque

EXPERTISE/RESEARCH INTERESTS

Susan Shu earned her MS and PhD from the University of Rochester. Her research interests include corporate disclosure, security litigation under U.S. securities laws, initial public offerings, measurement of cost of capital, and economics of auditor-client alignments. Her research has appeared in leading academic journals such as Journal of Accounting and Economics, Journal of Financial Economics, and Journal of Accounting Research. In 2014 Professor Shu received the prestigious Notable Contributions to Accounting Literature Award from the American Accounting Association for her (coauthored) paper "Do Managers Withhold Bad News?"

HONORS AND AWARDS

• Winner of Notable Contribution to Accounting Literature Award for “Do managers withhold bad news?” 2014.
• E. Yetton Prize of Best Paper Award for “Properties of implied cost of capital using analysts’ forecasts” A_ustralian Journal of Management_ 2011.
• Research Incentive Grants, Boston College, 2001, 2003, 2006, 2010
• Deloitte Foundation Doctoral Fellowship 1998.
   

SELECTED PUBLICATIONS

• 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 (2015), No. 2, 367-404.

  • Presented at the 2014 Journal of Accounting Research Conference

• 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 (2013), No. 4, pp. 1-24.

• 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 (2012), 1217–1244.

  • Designated as a “Most Accessed Article” in 2013 in Journal of Accounting and Research.

• Properties of implied cost of capital using analysts’ forecasts (with Wayne Guay and S. P. Kothari). _Australian Journal of Managemen_t 36 (2011), 125-149.

  • 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 (2009), 475-679.

  • Winner of Notable Contribution to Accounting Literature Award 2014

• Does disclosure deter or trigger litigation (with Michelle Lowry and Laura Field). Journal of Accounting and Economics 39 (2005), 487-507.

• IPO underpricing and litigation risks (with Michelle Lowry). Journal of Financial Economics 65 (2002), 309-335.

• Auditor resignations: clientele effects and legal liability. Journal of Accounting and Economics 29 (2000), 173-205.