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CANADIAN IMMIGRATION UPDATES: Applicants to Master’s and Doctoral degrees are not affected by the recently announced cap on study permits. Read more

Kai Li

Kai Li

BSc (Jiaotong University), MA (Concordia), PhD (Toronto)
Fellow of the Royal Society of Canada
Canada Research Chair in Corporate Governance
W.M. Young Chair in Finance
Professor, Finance Division

Selected publications

  • Eckbo, B.E., K. Li, and W. Wang, 2022. “Loans to Chapter 11 Firms: Contract Design, Repayment Risk, and Pricing,” Journal of Law and Economics forthcoming. 
  • Duan, T., K. Li, R. Rogo, and R. Zhang, 2022. “The Effects of a U.S. Approach to Enforcement: Evidence from China,” Journal of Financial and Quantitative Analysis forthcoming. 
  • Li, K., and J. Wang, 2023. “Inter-firm Inventor Collaboration and Path-breaking Innovation: Evidence from Inventor Teams Post-merger,” Journal of Financial and Quantitative Analysis 58, 1144-1171.
  • Hsu, P.-H., K. Li, X. Liu, and H. Wu, 2022. “Consolidating Product Lines via Mergers and Acquisitions: Evidence from the USPTO Trademark Data,” Journal of Financial and Quantitative Analysis 57, 2968-2992.
  • Li, K., X. Liu, F. Mai, and T. Zhang, 2021. “The Role of Corporate Culture in Bad Times: Evidence from the COVID-19 Pandemic,” Journal of Financial and Quantitative Analysis 56 (A Special Issue on COVID-19), 2545-2583. 
  • Li, K., F. Mai, R. Shen, and X. Yan, 2021. “Measuring Corporate Culture Using Machine Learning,” Review of Financial Studies 34 (A Special Issue on Big Data in Finance), 3265-3315.


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