Dr Liu is an Assistant Professor of Accounting and Finance. He completed his PhD at The University of Queensland, Australia, graduating ahead of schedule as the first in the school’s history. His research interests span corporate finance, climate finance, credit ratings and risk, voluntary disclosure, debt markets, and IPOs. His research has been presented at leading academic conferences and published in highly regarded journals.

Dr Liu has extensive teaching experience across undergraduate and postgraduate programs, including Corporate Finance, Derivatives, Asset Pricing, and Banking and Lending. He also brings substantial industry experience, having worked as an analyst across several banks, financial institutions, and consulting firms. In addition, he has contributed his expertise to budget and policy matters in the government sector.

PhD, The University of Queensland, Australia

Corporate Finance

Financial Market

• Liu, L., & Clarkson, P. (2025). International evidence on the cost of public debt issued by private versus public firms. Pacific-Basin Finance Journal, 102797. https://doi.org/10.1016/j.pacfin.2025.102797
• Liu, L., & Clarkson, P. (2025). Asset Allocation, Diversification, and Co-Movement Effects: A Global Analysis of Bonds and Equities Issued by the Same Firm. Journal of Asset Management, 26(6), 615–641.
• Liu, L. (2025). External Governance Oversight and the IPO Process: Empirical Evidence from China. Asia-Pacific Financial Markets. https://doi.org/10.1007/s10690-024-09451-0
• Liu, L. (2025). Exploring the relationship between green bond pricing and ESG performance: a global analysis. Environment, Development and Sustainability, 1-40. https://doi.org/10.1007/s10668-024-05843-4
• Wardhani, N. K., Faff, R., Liu, L (2025). Corporate Governance and Liquidity Creation in a Duality Banking System. Journal of Financial Regulation and Compliance. https://doi: 10.1108/JFRC-08-2024-0162
• Liu, L. (2024). Impact of firm ESG performance on cost of debt: insights from the Chinese Bond Market. Macroeconomics and Finance in Emerging Market Economies, 1–20. https://doi.org/10.1080/17520843.2024.2432075
• Liu, L. (2024). Examining the cost of debt and bond spreads: public vs. private firms in China. Journal of Economics and Finance, 1-22. https://doi.org/10.1007/s12197-024-09699-2
• Liu, L. (2024). Environmental performance factors: insights from CSR-linked compensation, committees, disclosure, targets, and board composition. Journal of Sustainable Finance & Investment, 1-36.

        https://doi.org/10.1080/20430795.2024.2313497

• Liu, L. (2024). Lévinas’s Philosophy of the Face: Anxiety, Responsibility, and Ethical Moments that Arise in Encounters with the Other. Human Affairs. https://doi.org/10.1515/humaff-2024-0021
• Wardhani, N. K., Faff, R., Liu, L., & Abdul Halim, Z. (2024). Examining the Indonesian dual banking system: an exploration of market discipline indicators. International Journal of Managerial Finance.
• Liu, L. (2024). Analyst Monitoring and Information Asymmetry Reduction: U.S. Evidence on Environmental Investment. Innovation and Green Development. 3(1). 100098. https://doi.org/10.1016/j.igd.2023.100098
• Liu, L. (2023). Green innovation, firm performance, and risk mitigation: evidence from the USA. Environment, Development and Sustainability. https://doi.org/10.1007/s10668-023-03632-z
• Tong, T., Singh, T., Li, B. and Liu, L. (2023), “Drivers of China’s outward foreign direct investment: a comprehensive panel data analysis”, Pacific Accounting Review. https://doi.org/10.1108/PAR-08-2022-0131
• Dong, X & Liu, L. (2023). Climate Risk and Future Stock Price Crash: Evidence from U.S. Firms. Journal of Climate Finance, 100012. https://doi.org/10.1016/j.jclimf.2023.100012
• Liu, L., Neupane, S., & Zhang, L. (2022). Firm location effect on underwriting, subscription, and underpricing: Evidence from IPOs in China. Economic Modelling, 105778. https://doi.org/10.1016/j.econmod.2022.105778