University of California, Riverside

Undergraduate Business Program

Faculty Bio

Ke 'Kevin' Li

Assistant Professor of Accounting

Curriculum Vitae , updated 07/2015


Kevin Li’s research focuses on earnings persistence, earnings forecast, cost of capital, regulations and disclosure, accounting based valuation, and role of sell-side security analysts. More generally, he is interested in how accounting information is disseminated, evaluated and utilized by users like retail investors, institutional investors, and security analysts. His research has been published in top journals, including Journal of Accounting and Economics, The Accounting Review, and Review of Accounting Studies. His research has also received wide coverage from renowned news outlets, such as Bloomberg, CNBC, and New York Times.

Kevin earned his PhD in Business Administration with a focus in Accounting from Haas School of Business at University of California, Berkeley. He received MBA with distinction from NYU Stern School of Business and Bachelor of Economics from Peking University. Kevin was an assistant professor of accounting at the University of Toronto before joining UCR. Prior to joining academia, Kevin had worked as a Senior Associate at PricewaterhouseCoopers in Beijing, Credit Analyst at WestLB AG in New York, and Equity Research Analyst at Barclays Global Investors in San Francisco. Kevin has been a member of Beta Gamma Sigma Honor Society. He passed CFA Exam Level III and was also a member of Chinese Institute of Certified Public Accountants.

Recent Scholarship

What is the value of sell-side analysts? Evidence from coverage initiations and terminations. Journal of Accounting and Economics Volume 60 Issues 2-3, 2015

Shell Games: The Long Term Performance of Chinese Reverse Merger Firms. The Accounting Review Volume 90 Issue 4, 2015

Evaluating Cross-Sectional Forecasting Models for Implied Cost of Capital. Review of Accounting Studies Volume 19 Issue 3, 2014

How Well Do Investors Understand Loss Persistence? Review of Accounting Studies Volume 16 Issue 3, 2011



(951) 827‑4993
Anderson Hall 0022

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General Campus Information

University of California, Riverside
900 University Ave.
Riverside, CA 92521
Tel: (951) 827-1012

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Undergraduate Business Program
2340 Olmsted Hall

Tel: (951) 827-4551
Fax: (951) 827-5061