Mei Cheng

Mei Cheng joined the Eller College of Management in 2006 after earning her PhD in Accounting from the University of Southern California. Her research interests include archival empirical financial accounting, with a particular focus on financial reporting and capital markets, market intermediaries including analysts, credit-rating agencies and economic consequences.

Courses

• ACCT 451, Analysis of Financial Statements
• ACCT 525, Accounting Theory and Institutions

Publications

• "Customer Concentration of Target in Mergers and Acquisitions", Journal of Business, Finance and Accounting, December 2021 (with J. Jaggi and S. Young),
• "Usefulness of Interest Income Sensitivity Disclosures", The Accounting Review, February 2020 (with L. Hodder and J. Watkins)
• “The Impact of SEC Disclosure Monitoring on the Uncertainty of Fair Value Estimates”, The Accounting Review, March 2016 (with D. Bens and M. Neamtiu)
• “Does Investment Efficiency Improve after the Disclosure of Material Weaknesses in Internal Control over Financial Reporting?” Journal of Accounting & Economics, July 2013, Vol. 56 (lead article) (with D. Dhaliwal and Y. Zhang)
• “Asset Securitization, Securitization Recourse and Information Uncertainty” The Accounting Review, 2011, Vol. 86, No. 2 (with D. Dhaliwal and M. Neamtiu)
• “An Empirical Analysis of Changes in Credit Rating Properties: Timeliness and Stability,” Journal of Accounting & Economics, March 2009, Vol. 47 (with M. Neamtiu)
• “Analyst Following and Credit Ratings,” Contemporary Accounting Research, Winter 2008, Vol. 25 (with K.R. Subramanyam)

Working Papers

• "Short Sellers and Informativeness of Credit Ratings: Evidence from a Natural Experiment" (with E. Zhang)
• "Connected Auditors and Bank Loan Spreads" (with L. Cheng, D. Dhaliwal and S. Kaplan)
• “Bank Auditor Information Transfer and Audit Quality” (with L. Cheng, D. Dhaliwal and S. Kaplan)
• “Banks’ Accounting Conservatism and Credit Rating Differences” (with L. Cheng and S. Bonsall)
• “Earnings Smoothing and Future Cash Flow Volatility” (with L. Li)
•  “Earnings Guidance and Managerial Myopia” (with K.R. Subramanyam and Y. Zhang)
• “Analyst Quality, Institutional Investors, and the Post-Earnings-Announcement Drift” (with T. Goodman and O. Li)
• “Probability of Meeting/Beating Analysts’ Forecasts and Market Reaction to Earnings Announcements” (Thesis)
•  “State Laws and Accrual Quality” (with S. Mansi and J. Wald)

Professional Associations

• American Accounting Association

Awards and Honors

• Eller Dean’s Fellowship, 2015-2020
• Eller Research Fellowship, 2013, 2014
• PricewaterhouseCoopers Xtreme Games Case Competition Faculty Mentor for the Winning Team, 2009