Faculty

LEE, WOO-JONG
LEE, WOO-JONG
Professor / Accounting
Contact

Professor Introduction

Woo-Jong Lee is a professor of accounting at SNU Business School, where he earned both his B.B.A. and Ph.D. He returned to his alma mater in 2015 after serving as an Associate Professor at the Hong Kong Polytechnic University.

His academic interests include corporate reporting and valuation, and he has received recognition for his research, service, and teaching. His works have been published in leading journals, such as the Accounting Review, Contemporary Accounting Research, Journal of Accounting and Economics, Review of Accounting Studies, and Management Science.

He is or has been a member of governing boards for public and private companies, advisory boards for not-for-profit organizations, and editorial boards of scholarly journals.

Education & Experiences

[Academic Experience]

  • Seoul National University (2015-present, full professor with tenure since 2020)
  • The Hong Kong Polytechnic University (2008-2015, associate professor with tenure since 2014)
  • Seoul National University, B.B.A., Ph.D.

[Teaching]

  • Accounting Principles (Undergraduate)
  • Accounting Analytics (MBA, Executive MBA)

[Honors and Awards]

  • Samil PwC Distinguished Professor
  • Best Paper Awards: Korean Academic Society of Business Administration, Korean Accounting Association, American Accounting Association
  • Outstanding Teaching Award, Seoul National University Business School
  • Outstanding Reviewer Award, Korean Academic Society of Taxation
  • Next-Generation Emerging Scholar, Seoul National University
  • Outstanding Faculty Award, Hong Kong Polytechnic University

[Services]

  • Director, Accounting Research Center, SNU Business School
  • Deputy Director, Institute of Management Research, SNU Business School
  • Program Chair/Vice Chair: Executive MBA, CFO Academy, Advanced Auditor Program, SNU Business School
  • Adjunct Professor, Urban and Social Innovation Major, Graduate School of Environmental Studies, Seoul National University
  • Vice Dean, SNU Gwanak Residence Hall
  • Vice President, Korean Accounting Association
  • Korean liaison, International Accounting Section, American Accounting Association
  • Member, Oversight Committee, Financial Services Commission
  • Member, KOSDAQ Corporate Review Committee and Market Surveillance Committee, Korea Exchange
  • Op-Eds Contributor: Maeil Business Newspaper, Hansbiz Newspaper
  • Outside Director: Amorepacific Holdings, Hanwha Systems, Korea Trust, Solid Inc.
  • Advisory Board Member: Korean Intellectual Property Office, Samil PwC Governance Center, Korea Student Aid Foundation, ChildFund Korea
  • Management Assessment Committee, Korea Electric Power Corporation
  • Editor/Co-Editor: Korean Accounting Review, Seoul Journal of Business, Journal of Contemporary Accounting and Economics

Publications

  1. “An Empirical Analysis of Gender Differences in Asymmetric Labor Adjustment: Evidence from Korea”, with Meeok Cho, Jiwon Hyeon and Hee-Yeon Sunwoo, accepted for publication in Review of Accounting Studies
  2. “Length of IPO Prospectus and Individual Investors’ Demand for IPO Shares”, with Meeok Cho, Sunhwa Choi and Sehee Kim. Accounting Horizons, 2024, 38 (4): 71-83
  3. "Pro-Labor Institutions and Corporate Employment Efficiency”, with Boochun Jung, Tony Kang, and Gaoguang Zhou. Journal of Accounting, Auditing and Finance, 2022, 37 (3): 547-561
  4. “Organized Labor and Inventory Stockpiling”, with Sophia Hamm, Boochun Jung, and Daniel Gunhee Yang. The Accounting Review, 2022, 97 (2): 241-266
  5. "Asymmetric Inventory Management and the Direction of Sales Changes”, with Iny Hwang, Taejin Jung and Daniel Gunhee Yang. Contemporary Accounting Research, 2021, 38 (1): 676-706
  6. "The Importance of Organizational Context for the Relation between Human Capital Investment and Firm Performance: Evidence from Labor Unions”, with Hee-Yeon Sunwoo, Justin Law, and Seungbin Oh. Journal of Management Accounting Research, 2021, 33 (1): 197-217
  7. “The Effect of External Audits: Evidence from Voluntary Audits of Hedge Funds”, with Dichu Bao, Jong-Hag Choi, and Byoung Uk Kang. Accounting Horizons, 2021, 35 (4): 23-43
  8. “Political Uncertainty and Cost Stickiness: Evidence from National Elections around the World”, with Walid Saffar and Jeffrey Pittman. Contemporary Accounting Research, 2020, 37 (2): 1107-1139
  9. “Labor Unions and Income Smoothing”, with Sophia Hamm and Boochun Jung. Contemporary Accounting Research, 2018, 35 (3): 1201-1228
  10. “Do Labor Unions Always Lead to Underinvestment?”, with Hyungjin Cho, Bryan Byung-Hee Lee, and Byungcherl Charlie Sohn. Journal of Management Accounting Research, 2017, 29 (1): 45-66
  11. “The Impact of Dividend Covenants on Investment and Operating Performance”, with Boochun Jung and Sunny Yang. Journal of Business, Finance, and Accounting, 2016, 43 (3)&(4): 414-447
  12. “Do Managers Withhold Good News from Labor Unions?”, with Richard Chung, Bryan Byung-Hee Lee, and Byungcherl Charlie Sohn. Management Science, 2016, 62 (1): 42-68
  13. “Debt Financing and Accounting Conservatism in Private Firms”, with In-Mu Haw and Jay Junghun Lee. Contemporary Accounting Research, 2014, 31 (4): 1220-1259
  14. “Financial Reporting Quality and Labor Investment Efficiency”, with Boochun Jung and David P. Weber. Contemporary Accounting Research, 2014, 31 (4): 1047-1076
  15. “Does Information Risk Affect the Implied Cost of Equity Capital? An Analysis of PIN and Adjusted PIN”, with Lee-Seok Hwang, Seung-Yeon Lim, and Kyung-Ho Park. Journal of Accounting and Economics, 2013, 55 (2-3), 148-167
  16. “Do Takeover Defenses Impair Equity Investors’ Perception of ‘High Quality’ Earnings?”, with Lee-Seok Hwang. Journal of Accounting, Auditing and Finance, 2012, 27(3), 325-358

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