Self-Selection Models in Corporate Finance

Kai Li, University of British Columbia | 2011 FMA Annual Meeting Tutorial Presentation
Dr. Li is Professor of Finance and holds the W. Maurice Young Endowed Chair in Finance at the Sauder School of Business, and has held various visiting positions at the MIT Sloan School of Management, Tuck School of Business, Hong Kong Univ of Science and Technology, Bocconi Univ, Cheung Kong Graduate School of Business, Exeter University, Jiaotong University, Renmin University, and Sun Yat-Sen University. At the MBA level, she teaches capital structure, valuation, corporate restructuring, and mergers and acquisitions.
Dr. Li’s research focuses on the economic consequences of corporate governance mechanisms. Her current research projects explore: (1) the comparison of CEO pay in public and private companies, (2) hedge funds in Chapter 11, and (3) the roles of culture and psychology in corporate decisions. Her research has appeared in Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Management Science, and many other leading journals in finance and economics. She is the recipient of the 2008 Research Excellence Award at the Sauder School of Business, the 2002 Barclays Global Investors Canada Research Award, and the Best Paper Award at many international conferences. Her research has been featured in Wall Street Journal, New York Times, Financial Times, Time Magazine, Reuters, CNBC, Bloomberg, Dow Jones Newswire, New Yorker, BBC, BNN, National Post, Globe and Mail, and US News & World Report.