John B. and Lillian E. Neff College of Business and Innovation

Mai Dao is an Associate Professor of Accounting at the University of Toledo. She earned a Ph.D. degree in Accounting from Florida International University, USA. She holds a Master of Science in Accounting from Maastricht University, the Netherlands. She got a Bachelor of Commerce degree in Accounting from Flinders University, Australia. She has publications in following journals: The Accounting Review, Accounting Horizons, Accounting and Business Research, Advances in Accounting, European Accounting Review, Journal of Business Finance and Accounting, European Journal of Finance, International Journal of Auditing, Managerial Auditing Journal, American Journal of Business Research, Asia-Pacific Journal of Accounting and Economics, Review of Accounting and Finance, and Review of Quantitative Finance and Accounting. Her research interests are in earnings quality, audit quality, auditor ratification, trade credit, audit fees, and corporate governance.

Florida International University, Miami, Florida  2009
Doctor of Philosophy, Accounting

Maastricht University, Maastricht, Netherlands  2006
Master of Science, Accounting  

Flinders University, Adelaide, Australia 2004
Bachelor of Commerce, Accounting

Internal Reporting
Advanced Auditing
Advanced Managerial Accounting
Principles of Financial Accounting

1.     Dao, M., H. Xu, and T. Pham. 2021. Auditors’ response to classification shifting: Evidence from US firms. Accounting Horizons. Forthcoming. https://doi.org/10.2308/HORIZONS-18-141.

2.     Lin, Y.-H., M. Dao, H.-W. Huang, and T.-C. Huang. 2021. Does eliminating the form 20-F reconciliation from IFRS to U.S. GAAP deteriorate financial reporting quality? Evidence from accounting restatements. International Journal of Auditing. Forthcoming.

3.     Liu, L., H. Xu, M. Dao, and S. Hua. 2021. Pilot CEOs and tax avoidance: Evidence from machine learning methods. Asia-Pacific Journal of Accounting and Economics. Forthcoming. https://doi.org/10.1080/16081625.2021.1908154.

4.     Xu, H., D. Nguyen and M. Dao. 2021. Pilot CEOs and trade credit. European Journal of Finance 27 (6): 486-509. https://www.tandfonline.com/doi/full/10.1080/1351847X.2020.1816560.

5.     Xu, H., J. Wu, M. Dao and S. Hua. 2020. Political corruption and annual report readability. Accounting and Business Research. Forthcoming. https://doi.org/10.1080/00014788.2020.1815516.

6.     Manry, D., Y-C. A. Yan, and M. Dao. 2020. The association between audit fees and CEO age. Advances in Quantitative Analysis of Finance and Accounting. Forthcoming.

7.     Xu, H., T. Pham, and M. Dao. 2020. Annual report readability and trade credit. Review of Accounting and Finance 19 (3): 363-385. https://doi.org/10.1108/RAF-10-2019-0221.

8.     Xu, H., and M. Dao. 2020. Government contracts and trade credit. Advances in Accounting. Forthcoming. https://doi.org/10.1016/j.adiac.2020.100473.

9.     Xu, H., M. Dao, and J. Wu. 2020. Corporate social responsibility and trade credit. Review of Quantitative Finance and Accounting 54 (4): 1389-1416. https://doi.org/10.1007/s11156-019-00829-0.

10.  Laksmana, I., T. Pham and M. Dao. 2020. The effect of executive compensation on report lag: An empirical evidence. Review of Pacific Basin Financial Markets and Policies 23 (2): 1-35. https://doi.org/10.1142/S0219091520500113.

11.  Dao, M., H. Xu, and L. Liu. 2019. Impact of the disclosure of audit engagement partners on audit quality: Evidence from the United States. International Journal of Auditing 23 (1), 112-124. http://dx.doi.org/10.1111/ijau.12149.

12.  Xu, H., M. Dao, and J. Wu. 2019. The impact of local political corruption on earnings quality. Review of Quantitative Finance and Accounting 53 (2): 551-574. https://doi.org/10.1108/RAF-09-2016-0135.

13.  Xu, H., M. Dao and A. Petkevich. 2019. Political corruption and auditor behavior: Evidence from US firms. European Accounting Review 28 (3): 513-540. https://doi.org/10.1080/09638180.2018.1499547.

14.  Feng, Z.-Y., H.-W. Huang, and M. Dao. 2019. U.S. Big 4 and Local Auditors in China Initial Public Offering Market. Review of Pacific Basin Financial Markets and Policies 22 (4): 1-29. https://doi.org/10.1142/S0219091519500243.

15.  Xu, H., M. Dao, and J. Wu. 2018. The effect of real activity manipulation on going concern audit opinions for distressed companies. Review of Accounting and Finance 17 (4): 514-539. https://doi.org/10.1108/RAF-09-2016-0135.

16.  Sun, W.-C., Huang, H.-W., M. Dao, and C.-S. Young and M. Dao. 2017. Auditor selection and corporate social responsibility. Journal of Business Finance and Accounting 44 (9-10): 1241-1275. https://doi.org/10.1111/jbfa.12260.

17. Parker, R., M. Dao, H-W. Huang, and Y-C. A. Yan. 2017. Disclosing material weakness in internal controls: Does the gender of audit committee member matter. Asia-Pacific Journal of Accounting and Economics 24 (3-4): 407-420. https://doi.org/10.1080/16081625.2015.1057190.

18.  Dao, M., T. Pham and A. Said. 2017. The impact of audit committee effectiveness on audit report lags. American Journal of Business Research 9 (1): 35-61.

19.  Huang, H.-W., M. Dao, and W.-C. Sun. 2017. The timeliness of financial reporting and fair values: Evidence from US Banks. Review of Pacific Basin Financial Markets and Policies 20 (1): 1-30. https://doi.org/10.1142/S0219091517500060.

20.  Huang, H.-W., M. Dao, and J. M. Fornaro. 2016. Corporate governance, SFAS 157 and cost of equity capital: evidence from US financial institutions. Review of Quantitative Finance and Accounting 46 (1): 141-177. https://doi.org/10.1007/s1115601404651.

21.  Dao, M., H.-W. Huang, K. Chen, and T.-C. Huang. 2014. Can management turnover restore financial statement credibility of restated firms? Further evidence. Journal of Business Finance and Accounting 41 (7): 893-925. https://doi.org/10.1111/jbfa.12081.

22.  Dao, M. and T. Pham. 2014. Audit tenure, auditor specialization, and audit report lag. Managerial Auditing Journal 29 (6): 490-512. https://doi.org/10.1108/MAJ-07-2013-0906.

23.  Dao, M., H.-W. Huang, and J. Zhu. 2013. The effects of audit committee members’ age and additional directorships on the cost of equity capital in the U.S. European Accounting Review, 22 (3): 427-465. https://doi.org/10.1080/09638180.2012.739823.

24.  Dao, M., K. Raghunandan, and D. V. Rama. 2012. Shareholder voting on auditor selection, audit fees, and audit quality. The Accounting Review 87 (1): 149-171. https://doi.org/10.2308/ACCR-10159.

25.  Bruggen, A., P. Vergauwen, and M. Dao. 2009. Determinants of intellectual capital disclosure: Evidence from Australia. Management Decision 47 (2): 233-245. https://doi.org/10.1108/00251740910938894.

26.  Dao, M., S. Mishra, and K. Raghunandan. 2008. Auditor tenure and shareholder ratification of the auditor. Accounting Horizons 22 (September): 297-314. https://doi.org/10.2308/acch.2008.22.3.297.

2018: Best Paper Award, 2018 American Accounting Association Mid-Atlantic Region Meeting.

2018: College of Business and Innovation Summer Research Fellowship, the University of Toledo.

2015: Junior Faculty Research Award, College of Business and Innovation, The University of Toledo

2015: Gender Issues/Work Life Balance Paper Award, 2015 American Accounting Association Ohio Regional Conference

2013: College of Business and Innovation Summer Research Grant, The University of Toledo.

2012: Best Research Paper Award, College of Business and Innovation, The University of Toledo.

2012: Provost Conference Travel Award, The University of Toledo.

2012: College of Business and Innovation Summer Research Grant, The University of Toledo.

2012: Excerpts from the paper entitled "Shareholder voting on auditor selection, audit fees, and audit quality" (The Accounting Review, co-authored with Dr. Kannan Raghunandan and Dr. Dasaratha Rama) appeared in AccountingWEB.com (February 16, 2012), CFO World (February 15, 2012), Accounting Education (February 27, 2012) and in Academic Spotlight by Audit Analytics.

2011: College of Business and Innovation Summer Research Grant, The University of Toledo.

2010: University Summer Research Award (URAF), The University of Toledo.