Shai joined Tel Aviv University after serving as faculty at UC Berkeley and teaching at its MBA program from 2004 to 2011. He holds a PhD from NYU's Stern School of Business, and a BA in economics and LLB in law from Tel Aviv University. He is lawyer by training, did his law clerkship in one of leading Israeli law firms, served as an economist in the Israeli Antitrust Authority, and as the CFO of Dor Shalom's municipal campaign.
Dr. Shai Levi
Fields of Research
Shai teaches financial statement analysis and financial accounting, and his research focuses on the effects of financial disclosure on price efficiency and market liquidity
Levi, S., & Zhang, X.J., 2015. Asymmetric decrease in liquidity trading before earnings announcements and the announcement return premium. Journal of Financial Economics, forthcoming.
Amir, E.,, Kama, I., & Levi, S., 2015. Conditional persistence of earnings components and accounting anomalies. Journal of Business Finance and Accounting, forthcoming.
Levi, S., & Zhang, X. J., 2014. Do temporary increases in information asymmetry affect the cost of equity? Management Science, 61(2), 354-371.
Levi, S., & Segal, B., 2014. The Impact of Debt-Equity Reporting Classifications on the Firm's Decision to Issue Hybrid Securities. European Accounting Review, (ahead-of-print), 1-22.
Levi, S., 2008. Voluntary Disclosure of Accruals in Earnings Press Releases and the Pricing of Accruals. Review of Accounting Studies 13(1), 1-21.