Prof. Dr. Shushu Liao

Assistant Professor of Finance

Prof. Dr. Shushu Liao

Assistant Professor of Finance

Dr. Shushu Liao is Assistant Professor of Finance at the KLU. She obtained her Ph.D. degree of Accounting and Finance from the Lancaster University Management School, United Kingdom. Prior to that, she received her M.Sc. in Finance from Imperial College London, United Kingdom, and her B.A. of Financial Management from Sun Yat-sen University, Guangzhou, China. Before joining KLU, she was appointed as a research fellow at Auckland Center for Financial Research of Auckland University of Technology, New Zealand. Before that, she was also employed as a lecturer in finance and engaged in teaching of finance courses at Lancaster University Management School.

Her research covers a broad range of topics in corporate finance and corporate governance. In general, her research constantly asks the question of what determines the optimal corporate strategies. Specifically, she investigates the interaction between financing and investment decisions, corporate risk management, financial stability, labor finance, product market competition, managerial styles and executives compensation. Moreover, she employs dynamic structural modelling techniques to explore the impact of financial shocks.

Dr. Shushu Liao is recognized as an Associate Fellow of the Higher Education Academy (HEA) in the UK. At Lancaster University, she taught students how to use Bloomberg for financial analysis and how to use Stata to conduct time series analysis. She also taught introductory course for Quantitative Methods for Finance and Investments, guiding students to develop mathematical techniques to build a financial model. At Auckland University of Technology, she supervised master students’ thesis required for the completion of the degree program.

Academic Positions

Since 9/2021

Assistant Professor of Finance, Kühne Logistics University, Hamburg, Germany

2020 - 2021

Research Fellow in Finance, Auckland Center for Financial Research, Auckland University of Technology, Auckland, New Zealand

2019 - 2020

Fixed-term Lecturer, Lancaster University, Lancaster, United Kingdom

Education

 2014 -  2019

PhD in Finance, Lancaster University, Lancaster, United Kingdom

2012 - 2013

M.Sc in Finance, Imperial College London, London, United Kingdom

2008 - 2012 B.A. in Financial Management, Sun Yat-sen University, Guangzhou, China
  • Dodd, Olga and Liao, Shushu (2021): Health or wealth? New Zealand response to the Covid-19 pandemic and stock market performance. 25th Annual New Zealand Finance Colloquium Proceedings (Best Paper), Tauranga, New Zealand, 11-12 February 2021.
  • Dodd, Olga and Liao, Shushu (2021): Health or wealth? New Zealand response to the Covid-19 pandemic and stock market performance. 11th Financial Markets and Corporate Governance Virtual Conference, La Trobe Business School, Australia, 7-9 April 2021.
  • Liao, Shushu, Nolte, Ingmar and Pawlin, Grzegorz (2020): Hit by the Double Whammy: The Joint Effect of Measurement Error in Q and Covariance between Regressors on Coefficient Bias, FIRN Women Virtual Conference.
  • Gounopoulos, Dimitrios, Liao, Shushu, Yang, T., Zhang, X. (2020): It´s all about Family, Auckland University of Technology Department of Finance.
  • Kim, J.B., Liao, Shushu, Liu, Y. (2020): Married CEOs and Stock Price Crash Risk. 24th Annual New Zealand Finance Colloquium, Auckland, New Zealand, 13-14 February 2020.
  • Liao, Shushu (2019): The effect of credit shocks in the context of labor market frictions. 16th Corporate Finance Day, Groningen, The Netherlands, 19 September 2019.
  • Liao, Shushu (2019): The effect of credit shocks in the context of labor market frictions. EFiC 2019 Conference in Banking and Corporate Finance, Essex, United Kingdom, 4-6 July 2019.
  • Liao, Shushu, Nolte, Ingmar and Pawlina, Grzegorz (2019): Can Capital Adjustment Costs Explain the Decline in Investment-Cash Flow Sensitivity? Research Seminar Series, University of Southern Denmark, Odense, Denmark, May 2019.
  • Liao, Shushu, Nolte, Ingmar and Pawlina, Grzegorz (2019): Can Capital Adjustment Costs Explain the Decline in Investment-Cash Flow Sensitivity? Research Seminar Series, Bilkent University, Bilkent, Turkey, March 2019.
  • Liao, Shushu, Nolte, Ingmar and Pawlina, Grzegorz (2017): Can Capital Adjustment Costs Explain the Decline in Investment-Cash Flow Sensitivity? 6th Annual Corporate Finance Conference, Exeter, United Kingdom, July 2017.
  • Liao, Shushu, Nolte, Ingmar and Pawlina, Grzegorz (2017): Can Capital Adjustment Costs Explain the Decline in Investment-Cash Flow Sensitivity? World Finance Conference, Calgari, Italy, August 2017.
  • Liao, Shushu, Nolte, Ingmar and Pawlina, Grzegorz (2017): Can Capital Adjustment Costs Explain the Decline in Investment-Cash Flow Sensitivity? British Accounting and Finance Association Annual Meeting, Edinburgh, United Kingdom, March 2017.