Carol Liu

BA 267N
W.P Carey School of Business
Clinical Associate Professor
Faculty
TEMPE Campus
Mailcode
3606

Biography

Carol Liu joined W.P. Carey School of Accountancy in 2018. Her research interests are corporate governance, capital markets, debt contracting, and financial reporting. Prior to joining ASU, Professor Liu was on the faculty at Tulane University, Lehigh University, Louisiana State University, and Oakland University.

Education

  • PhD, State University of New York at Buffalo, 2005
  • MSIA, Carnegie Mellon University, 1997
  • MBA, National Taiwan University, 1995
  • BBA, National Taiwan University, 1993

Research Interests

  • Corporate governance
  • Capital markets
  • Debt contracting
  • Financial Reporting

Publications

  • Costa, F., C. Liu, , G. Rosa, and S. Tiras, “The Commitment to Income-Decreasing Accounting Choices as a Credible Signal to Reduce Information Asymmetry: The Case of Asset Revaluations.” Contemporary Accounting Research, forthcoming.
  • Costa, F., C. Liu, , G. Rosa, and S. Tiras, “The Effects of Fair Value on the Matching of Revenues and Expenses: The Case of Asset Revaluations.” The International Journal of Accounting, forthcoming.

  • Liu, C., S. Tiras and Z. Zhuang, “Audit Committees and Earnings Expectations Management.” Journal of Accounting and Public Policy, 2014, v33, 145-166.
  • Bryan, D., C. Liu, S. Tiras, and Z. Zhuang, “Optimal versus Suboptimal Choices of Accounting Expertise on Audit Committees and Earnings Quality.”, Review of Accounting Studies, 2013, v18, 1123-1158.
  • Liu, C. and Z. Zhuang, “Management Earnings Forecasts and the Quality of Analysts’ Forecasts: The Moderating Effect of Audit Committees.” Journal of Contemporary Accounting & Economics, 2011, v7, 31-45.
  • Liu, C., M. Parkash and R. Singhal, “Earnings Quality and Perceived Auditor Independence: Irrelevance of Nonaudit Services Time Period.” Indian Journal of Economics and Business, 2010, v4, 751-767.
  • Liu, C., and S. Nabar, “The Stock Market Reaction to Ernst & Young’s Sale of Its Consulting Unit to Cap Gemini.” Managerial Auditing Journal, 2006, v21, 948-956.

Courses

Fall 2020
Course NumberCourse Title
ACC 241Uses of Accounting Info II
ACC 242Mgr Acct I
Spring 2020
Course NumberCourse Title
ACC 241Uses of Accounting Info II
ACC 340External Reporting I
Fall 2019
Course NumberCourse Title
ACC 242Mgr Acct I
Spring 2019
Course NumberCourse Title
ACC 241Uses of Accounting Info II
ACC 340External Reporting I
Fall 2018
Course NumberCourse Title
ACC 242Mgr Acct I