Return to Directory

Di Li

Assistant Professor    
  • Ph.D., University of Michigan
  • M.A., University of Michigan
  • B.A., Peking University
  • corporate finance
  • corporate governance
  • mergers and acquisitions
  • structural estimation

Dr. Li is an assistant professor of finance at the J. Mack Robinson College of Business at Georgia State University. He received his Ph.D. degree from the University of Michigan-Ann Arbor. His primary research interest includes corporate finance, corporate governance, and mergers and acquisitions. In his recent papers, he studies fundamental frictions in the M&A market such as information asymmetry and agency conflict, the implications of managerial job security on corporate policies (e.g., earnings management and acquisitions), and the relation between corporate governance and the cost of equity. Much of his work utilizes structural methods, with which he explores the economic factors that are not directly observable and examines the relations between these factors and important corporate policies. Dr. Li’s work has been published in premier academic journals such as Management Science and Journal of Financial and Quantitative Analysis. Additionally, his papers have been accepted for presentation in leading professional conferences including annual meetings of the American Economic Association, American Finance Association, European Finance Association and Financial Intermediation Research Society.

  • Li, Di, and Erica X.N. Li. 2016. “Corporate Governance and Cost of Equity: Theory and Evidence,” Management Science, forthcoming.
  • Dittmar, Amy K., Di Li, and Amrita Nain. 2012. “It Pays to Follow the Leader: Acquiring Targets Picked by Private Equity,” Journal of Financial and Quantitative Analysis 47 (5): 901-931.