Welcome to Susan Shu's web site Susan Shu earned her MS and PhD from the University of Rochester. Her research interests include corporate disclosure, security litigation under U.S. securities laws, initial public offerings, measurement of cost of capital, and economics of auditor-client alignments. Her research has appeared in leading academic journals such as Journal of Accounting and Economics, Journal of Financial Economics, and Journal of Accounting Research. In 2014 Professor Shu received the prestigious Notable Contributions to Accounting Literature Award from the American Accounting Association for her (coauthored) paper "Do Managers Withhold Bad News?"