Staff profile

Dr Bob Li

Position: Lecturer
Faculty or Division: Faculty of Business and Law
Department: Deakin Business School
Campus: Melbourne Burwood Campus
Phone: +61 3 92517412 +61 3 92517412



  • Graduate Certificate of Higher Education, Deakin University, 2011
  • Doctor of Philosophy in Finance, Monash University, 2015


Teaching Interests

Equity Investment, Portfolio Management, Derivatives Trading.

Subjects and units currently teaching

MAF307, MAF308, MAF302, MAF702, MAF704, etc.


Research interests

  • Default Risk
  • Leverage
  • Risk/return Relations
  • Behaviour Finance



  • “Going Negative: What to Do with Negative Book Equity Stocks”, with S. Brown, P. Lajbcygier, Journal of Portfolio Management, Vol. 35, No. 1, pp. 95-102, 2008.
  • “Effect of Negative Book Equity on the Fama French HML”, with P. Lajbcygier, The Icfai Journal of Applied Finance, Vol. 13, No. 11, pp. 37-47, 2007.
  • “Can Default Risk Explain Stock Return?”, with P. Lajbcygier, S.Y. Guo and X.Y. Chen, 57th Midwest Finance Association Annual Meeting, 2008, San Antonio, USA.
  • “Effect of Negative Book Equity Stocks on the Value Factor”, B. Li, Paul Lajbcygier, SY Guo, 56th Midwest Finance Association Annual Meeting, 2007, Minneapolis, USA.

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