The Research Excellence Award, Senior Category (for candidates more than 10 years post-PhD) has been awarded to Professor Kai Li. Professor Li is a world thought leader on the economic consequences of corporate governance mechanisms, with a recent focus on cultural influences on corporate governance and innovation policy. She has an outstanding record of research and has made extensive contributions to the finance profession. She is a very highly cited scholar, with most papers appearing in the top journals in her field. Her prolific research output has garnered national and international awards, visiting professorships at universities around the world, with invitations for research seminars, public lectures, and conference presentations. She is a highly-regarded and sought-after panelist with nearly 40 invitations at research camps and mentorship/networking events organized by international professional organizations. Her research has been featured in more than 200 national and international media/TV/radio interviews, including The Wall Street Journal, The New York Times, The Washington Post, The Financial Times, Time Magazine, Reuters, CNBC, Bloomberg, Dow Jones Newswire, New Yorker, BBC, BNN, CBC National, The National Post, The Globe and Mail, U.S. News & World Report, Harvard Business Review, and Yahoo! Finance. Kai has served on 10 editorial boards spanning the most selective journals in finance, international business, and management. She currently serves on the Editorial Board of Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of International Business Studies, and Journal of Financial Stability. She has also worked tirelessly in mentoring junior scholars around the world, with more than 60 collaborators from 17 different countries and regions, including doctoral students in Asia-Pacific, Europe, and North America. At UBC Sauder, she has served as supervisor, co-supervisor, or member of the supervisory committee for 22 doctoral students and as mentor for five Commerce Scholars.