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Crystal (Yanting) SHI

Assistant Professor

Accounting and Management Control

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Biography

Crystal (Yanting) Shi is an Assistant Professor of Accounting and Management Control at HEC Paris. Crystal holds CPA credentials in China (CICPA), Australia (CPA Australia), and the United States (AICPA). She is also a CMA. Crystal's research focuses on corporate governance, which mainly probes how external (e.g., activist hedge funds) and internal (e.g., board of directors) corporate governance forces influence a firm's business and social practices and consequently affect its risk and value. Crystal is also very passionate about business sustainability studies, particularly regarding an essential social/corporate role: employees. Crystal's work has been published in leading accounting journals, including Contemporary Accounting Research and Review of Accounting Studies

 

Crystal received Ph.D. from NYU Stern School of Business, MS in Management Studies from MIT Sloan School of Business, and both MBA and BA from Tsinghua University, School of Economics and Management. Before starting her academic career, Crystal worked as the financial controller for home fashion design company J. Queen New York Inc. and as a public auditor for Ernst & Young China.

Scientific articles

Across the Pond: The Impact of the GDPR on the Resiliency of U.S. Firms’ Board of Directors

Contemporary Accounting Research, Spring 2022, vol. 39, n° 1, pp 199-233, (in coll. with A. KLEIN, R. Manini)

Investors’ Response to the #MeToo Movement: Does Corporate Culture Matter?

Review of Accounting Studies, 2022, vol. 27, pp 897-937, (in coll. with M. B. Billings, A. KLEIN)

Working papers

The Market Value of Pay Gaps: Evidence from EEO-1 Disclosures

European Corporate Governance Institute , 2024

Hedge Fund Interventions and Target Firms’ Labor Practices

NYU Stern Working Paper , 2025

Scientific articles

Across the Pond: The Impact of the GDPR on the Resiliency of U.S. Firms’ Board of Directors

Contemporary Accounting Research, Spring 2022, vol. 39, n° 1, pp 199-233, (in coll. with A. KLEIN, R. Manini)

Investors’ Response to the #MeToo Movement: Does Corporate Culture Matter?

Review of Accounting Studies, 2022, vol. 27, pp 897-937, (in coll. with M. B. Billings, A. KLEIN)

Working papers

The Market Value of Pay Gaps: Evidence from EEO-1 Disclosures

European Corporate Governance Institute , 2024

Hedge Fund Interventions and Target Firms’ Labor Practices

NYU Stern Working Paper , 2025

Education

  • Ph.D. in Accounting, New York University, Stern School of Business - USA

Academic appointments

Academic Responsibilities at HEC

  • 2022- Assistant Professor HEC Paris
  • 2022- Member of GREGHEC, the joint research laboratory CNRS-HEC Paris, GREGHEC HEC Paris

Awards & honors

  • 2021 AAA/Deloitte Foundation/J. Michael Cook Doctoral Consortium
  • 2019 NYU Stern Center for Sustainable Business Research Grant
  • 2017 Doctoral Fellowship