Cynthia (Xin) Li, PhD, CFA

Assistant Professor of Business
I would like to use my teaching as a testimony to encourage students to have a comprehensive understanding of how the economy functions and how to apply Christian core values such as integrity, respect, excellence and stewardship in modern businesses.

Dr. Cynthia Li is an Assistant Professor in Finance at Trinity Western University. She received her PhD in Accounting from Beedie School of Business at Simon Fraser University in 2020. She also holds a Master of Science degree in Finance from University of British Columbia and a Master of Science degree in Statistics from University of Illinois at Urbana-Champaign.


Before she joined Trinity Western University, she has been working as an equity research analyst and investment banking analyst at different boutique investment banks for two years, where she gained abundant financial modeling experience on IPOs and M&As. She also taught a variety of accounting courses at Simon Fraser University and Douglas College.


Dr. Li’s research interest lies in Corporate Finance, Corporate Social Responsibility and Managerial Accounting. She has published six papers in solid academic journals, e.g., Applied Economics, Global Finance Journal, etc. Her PhD dissertation investigates how employee retention and managerial risk tolerance shape firms’ CSR performance, and how executive personality in customer firms shapes investment decisions along the supply chain.

  • PhD in Accounting (Simon Fraser University; 2020)
  • Master of Science in Business Administration, Finance (University of British Columbia; 2016)
  • Master of Science in Statistics (University of Illinois at Urbana-Champaign; 2013)
  • Bachelor of Economics in Statistics (Nanjing University of Finance and Economics; 2012)

Expertise

Corporate Finance, Corporate Social Responsibility, Managerial Accounting

  • Hrazdil, Karel, Jeong Bon Kim, and Xin Li. "How do chief executive officers with pilot status navigate through corporate social responsibility?" Applied Economics (2022): 1-16.
  • Hrazdil, Karel, Xin Li, and Nattavut Suwanyangyuan. "CEO happiness and forecasting." Global Finance Journal 52 (2022): 100713.
  • Hrazdil, Karel, Jeong-Bon Kim, and Xin Li. "Customers’ Risk Tolerance and Suppliers’ Investment Inefficiency." Journal of Risk and Financial Management 15.2 (2022): 63.
  • Hrazdil, Karel, Jeong‐Bon Kim, and Xin Li. "What shapes CSR performance? Evidence from the changing enforceability of non‐compete agreements in the United States." Review of Financial Economics 39.3 (2021): 334-359.
  • Gordon, Irene M., et al. "The effect of misalignment of CEO personality and corporate governance structures on firm performance." Journal of Risk and Financial Management 14.8 (2021): 375.
  • Chung D Y, Hrazdil K, Li X. The effect of industry classification on analyst following and the properties of their earnings forecasts[J]. Applied Economics Letters, 2016: 1-5.

Recent Publications

  • Hrazdil, Karel, Jeong Bon Kim, and Xin Li. "How do chief executive officers with pilot status navigate through corporate social responsibility?" Applied Economics (2022): 1-16.
  • Hrazdil, Karel, Xin Li, and Nattavut Suwanyangyuan. "CEO happiness and forecasting." Global Finance Journal 52 (2022): 100713.
  • Hrazdil, Karel, Jeong-Bon Kim, and Xin Li. "Customers’ Risk Tolerance and Suppliers’ Investment Inefficiency." Journal of Risk and Financial Management 15.2 (2022): 63.
  • Hrazdil, Karel, Jeong‐Bon Kim, and Xin Li. "What shapes CSR performance? Evidence from the changing enforceability of non‐compete agreements in the United States." Review of Financial Economics 39.3 (2021): 334-359.
  • Gordon, Irene M., et al. "The effect of misalignment of CEO personality and corporate governance structures on firm performance." Journal of Risk and Financial Management 14.8 (2021): 375.
  • Chung D Y, Hrazdil K, Li X. The effect of industry classification on analyst following and the properties of their earnings forecasts[J]. Applied Economics Letters, 2016: 1-5.

Affiliations & Memberships

  • CFA (Chartered Financial Analyst) Charter holder

  • BUSI 318 Applied Investments
  • MBA 664 International Finance & Accounting
  • BUSI/ECON 275 Business Statistics