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

Mai Dao is a 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., and H. Xu. 2024. Shareholder activism and accounting reporting complexity. Journal of Accounting Literature46 (1): 121-149.
   
   
2. Dao, M., T. Pham, and H. Xu. 2024. Internal governance and internal control material weaknesses. Corporate Governance: An International Review 32 (3): 474-499.
   
   
3. Xu, H., D. Nguyen and M. Dao. 2024. Financial restatements and the demand for trade credit. Journal of Accounting, Auditing and Finance 39 (3): 830-854.
   
   
4. Feng, Z.-Y., D. Sharma, M. Dao and H.-W. Huang. 2023. Global-level auditor industry specialization and the cost of equity capital. Accounting Horizons 37 (3): 117-146.
   
   
5. Pham, T., H. Xu, and M. Dao. 2023. Government contracts and audit fees. International Journal of Auditing27: 1-23.
   
   
6. Xu, H., M. Dao, and H. Sun. 2023. Accounting firms’ employee satisfaction and audit fees. Accounting and Business Research53 (7): 821-852.
   
   
7. Liu, L., H. Xu, M. Dao, and H. Sun. 2023. Pilot CEOs and tax avoidance: Evidence from machine learning methods. Asia-Pacific Journal of Accounting and Economics30: 14-29. https://doi.org/10.1080/16081625.2021.1908154.
   
   
8. Parker, R., Manry, D., Y-C. A. Yan and M. Dao. 2023. CFO turnover, Sarbanes-Oxley, and market reactions. Review of Pacific Basin Financial Markets and Policies26 (1): 2350004.
   
   
9. Li, Y.-P., H.-W. Huang, and M. Dao. 2023. Gender and Financial Activities for Middle-Aged and Older Adults. Review of Pacific Basin Financial Markets and Policies26 (3): 2350019.
   
   
10. Xu, H., J. Wu, M. Dao and S. Hua. 2022. Political corruption and annual report readability. Accounting and Business Research52 (2): 166-200. https://doi.org/10.1080/00014788.2020.1815516.
    
    
11. Dao, M., T. Pham, and H. Xu. 2022. Internal control effectiveness and trade credit. Review of Quantitative Finance and Accounting59: 1423-1452.
    
    
12. Xu, H., M. Dao, and H. Sun. 2022. Corporate visits and financial reporting quality. Journal of Corporate Accounting and Finance33 (3): 163-188.
    
    
13. Dao, M., H. Xu, and T. Pham. 2022. Auditors’ response to classification shifting: Evidence from US firms. Accounting Horizons36 (1): 25-48. https://doi.org/10.2308/HORIZONS-18-141.
    
    
14. 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 Auditing25 (2): 442-474.
    
    
15. 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.  
    
    
16. Manry, D., Y-C. A. Yan, and M. Dao. 2021. The association between audit fees and CEO age. Advances in Quantitative Analysis of Finance and Accounting 18: 1-38.
    
    
17. 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.  
    
    
18. Xu, H., and M. Dao. 2020. Government contracts and trade credit. Advances in Accounting49 (June): 100473. https://doi.org/10.1016/j.adiac.2020.100473.
    
    
19. Xu, H., M. Dao, and J. Wu. 2020. Corporate social responsibility and trade credit. Review of Quantitative Finance and Accounting54 (4): 1389-1416. https://doi.org/10.1007/s11156-019-00829-0.
    
    
20. 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.
    
    
21. 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 Auditing23 (1), 112-124. http://dx.doi.org/10.1111/ijau.12149.
                                                            
22. Xu, H., M. Dao, and J. Wu. 2019. The impact of local political corruption on earnings quality. Review of Quantitative Finance and Accounting53 (2): 551-574. https://doi.org/10.1108/RAF-09-2016-0135.
    
    
23. Xu, H., M. Dao and A. Petkevich. 2019. Political corruption and auditor behavior: Evidence from US firms. European Accounting Review28 (3): 513-540. https://doi.org/10.1080/09638180.2018.1499547.
    
    
24. 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.
    
    
25. 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 Finance17 (4): 514-539. https://doi.org/10.1108/RAF-09-2016-0135.
    
    
26. Huang, H.-W., W.-C. Sun, C.-S. Young and M. Dao. 2017. Auditor selection and corporate social responsibility. Journal of Business Finance and Accounting44 (9-10): 1241-1275. https://doi.org/10.1111/jbfa.12260.
    
    
27. 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 Economics24 (3-4): 407-420. https://doi.org/10.1080/16081625.2015.1057190.
    
    
28. Dao, M., T. Pham and A. Said. 2017. The impact of audit committee effectiveness on audit report lags. American Journal of Business Research9 (1): 35-61.
    
    
29. 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.
    
    
30. 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.
    
    
31. 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 Accounting41 (7): 893-925. https://doi.org/10.1111/jbfa.12081.
    
    
32. Dao, M. and T. Pham. 2014. Audit tenure, auditor specialization, and audit report lag. Managerial Auditing Journal29 (6): 490-512. https://doi.org/10.1108/MAJ-07-2013-0906.

33. 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.
    
    
34. Dao, M., K. Raghunandan, and D. V. Rama. 2012. Shareholder voting on auditor selection, audit fees, and audit quality. The Accounting Review87 (1): 149-171. https://doi.org/10.2308/ACCR-10159.
    
    
35. 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.
    
    
36. 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