Le (Emily) Xu, Ph.D.  Assistant Professor of Accounting  Interest: Financial Accounting and Fin S/T Analaysis

BIOGRAPHY RECENT RESEARCH COURSES TAUGHT PROFESSOR'S HOME PAGE

LE ( EMILY) XU, Ph.D.
Assistant Professor of Accounting

Emily joined the Whittemore School in fall of 2003.  She received her Ph.D. from the University of Massachusetts, where she taught managerial accounting.  She received a Bachelor’s degree in finance from Peking University, China.

Emily’s current research areas are analysts’ forecasts, the residual income valuation model, market mispricing and industry classifications.  Her current projects include the improvement in analysts’ forecasts by impounding predictable error patterns, the value-relevance of the residual income model and analysts’ forecasts, and the industry/firm-specific components in analysts’ forecasts of earnings.

Education: Ph.D. (Accounting), University of Massachusetts, 2003; B.S. (Finance) Peking University, 1999.
 
 

RECENT RESEARCH

“One-Year-Ahead Analysts’ Forecasts vs. the V/P Ratio: the Predictive Power of the Residual-Income-Based Valuation Model”, October 2002. Presented at 2003 AAA Financial Accounting and Reporting Section Midyear Meeting and 2003 Northeast AAA Meeting. Won “2003 AAA Northeast Meeting’s Best Paper by a Ph.D. Student Award”.

"Does the Share Price Anomaly Explain the Market's Apparent Under-Weighting of Financial Analysts' Earnings Forecasts?”, September 2002. with P. Elgers and M. Lo. Presented at 2003 Annual Meeting of Northeast Decision Sciences Institute and 2003 Northeast AAA Meeting.

“Predictable Errors in Financial Analysts’ Annual Earnings Forecasts and the Evaluation of Earnings Forecast-Based Securities Returns Anomalies”. (Working in Process.) Dissertation.

“The Incorporation of Industry-Wide and Firm-Specific Information in Financial Analysts’ Expectations of Annual Earnings”. With P. Elgers and S. Porter. (Working in Process.)