Christian Leuz

About

Christian Leuz is the Charles F. Pohl Distinguished Service Professor of Accounting and Finance at the University of Chicago's Booth School of Business. He holds several prestigious research affiliations, including being a Research Associate at the National Bureau of Economic Research, a Research Fellow at the Center for Economic Policy Research and the Leibniz Institute SAFE, an EPIC Scholar, and a Fellow at the European Corporate Governance Institute, Goethe Universität Frankfurt’s Center for Financial Studies, and the CESifo Research Network. His research focuses on the role of disclosure and transparency in capital markets and other settings, with particular attention to sustainability and ESG (Environmental, Social, and Governance) issues. He also studies the economic effects of regulation, international accounting, corporate governance, and finance.

Research topics

• Business
• Accounting
• Political Science
• Finance
• Economics
• Financial system
• Public relations

Selected publications

• Mandatory CSR and sustainability reporting: economic analysis and literature review

  Review of Accounting Studies · 2021 · 1551 citations

  Senior authorCorresponding

  Abstract This study collates potential economic effects of mandated disclosure and reporting standards for corporate social responsibility (CSR) and sustainability topics. We first outline key features of CSR reporting. Next, we draw on relevant academic literatures in accounting, finance, economics, and management to discuss and evaluate the potential economic consequences of a requirement for CSR and sustainability reporting for U.S. firms, including effects in capital markets, on stakeholders…

  PublisherOA PDFDOI

• Accounting for financial stability: Bank disclosure and loss recognition in the financial crisis

  Journal of Financial Economics · 2021 · 143 citations

  Senior authorCorresponding
  DOI

• On the Economics of Mandatory Audit Partner Rotation and Tenure: Evidence from PCAOB Data

  The Accounting Review · 2020 · 122 citations

  Senior authorCorresponding

  ABSTRACT We analyze the effects of partner tenure and mandatory rotation on audit quality, pricing, and production for a large cross-section of U.S. public firms during 2008–2014. On average, we find no evidence that audit quality declines over the tenure cycle and little support for “fresh-look” benefits provided by the new audit partner. Audit fees decline and audit hours increase after mandatory rotation, but then reverse over the tenure cycle. We also find evidence that audit firms use “shad…

  DOI

• Mandatory disclosure would reveal corporate carbon damages

  Science · 2023-08-24 · 68 citations

  article

  Accurate reporting is critical for markets and climate policies.

  PublisherDOI

• Towards a design-based approach to accounting research

  Journal of Accounting and Economics · 2022-09-16 · 37 citations

  article1st authorCorresponding
  PublisherDOI

Frequent coauthors

• Luzi Hail

  European Corporate Governance Institute

  382 shared

• Hans Bonde Christensen

  University of Chicago

  185 shared

• Francis E. Warnock

  National Bureau of Economic Research

  112 shared

• Karl V. Lins

  University of Utah

  106 shared

• Anup Malani

  University of Chicago

  72 shared

• João Granja

  University of Chicago

  66 shared

• Raghuram G. Rajan

  Hoover Institution

  62 shared

• Christian Laux

  European Corporate Governance Institute

  56 shared

Education

• Ph.D.

  Goethe University Frankfurt

• Other

  Goethe University Frankfurt

• Other

  Maastricht University

  2024

Awards & honors

• Chicago Booth Class of 2023 Phoenix Award
• 2022 ACA Prize in Financial Governance
• 2016 Distinguished Contribution to the Accounting Literature…
• 2014 Distinguished Contribution to the Accounting Literature…
• Humboldt Research Award (2012)

Similar researchers at University of Chicago

• Anthony Leh-33
• Philip G. Bergerh-27