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Management Information Systems Marketing Operations Management Organizational Behavior & Human Resource Management Finance Strategy and International Management Accounting
LEE, WOO-JONG
LEE, WOO-JONG
Professor / Accounting
Contact
Room58-405 emailwoojong@snu.ac.kr

Professor Introduction

Woo-Jong Lee is a professor of accounting at SNU Business School. He is or has been a member of governing boards of public and private companies, advisory boards of not-for-profit entities, 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)
  • Empirical Research Seminar (Postgraduate)
  • Accounting Analytics (MBA, Executive MBA)

Professional recognitions and honors:

  • Samil-PwC Distinguished Professor (Research), 2024-2026
  • Best Paper Award, Seoul Journal of Business, 2023
  • Best Paper Award, Korean Academic Society of Business Administration, 2023
  • Outstanding Teaching Award, Seoul National University Business School, 2023
  • Best Paper Award, The Korean Institute of Certified Public Accountants (KICPA), 2022
  • Best Paper Award, Korean Accounting Association and The Korea Economic Daily, 2022
  • Best Paper Award, The Korean Institute of Certified Public Accountants (KICPA), 2021
  • Best Paper Award, Korean Accounting Association, 2021
  • Research Grant for Senior Scholars, National Research Foundation of Korea, 2021
  • Best Paper Award, Korea Game Society, 2020
  • Best Paper Award, Joint Conference of Accounting Associations, 2020
  • Research Grant for Senior Scholars, National Research Foundation of Korea, 2020
  • Outstanding Teaching Award, Seoul National University Business School, 2018
  • Distinguished Referee Award, Korean Academic Society of Taxation, 2018
  • Best Paper Award, The Korean Institute of Certified Public Accountants (KICPA), 2016
  • SNU Invitation Program for Distinguished Scholars, Seoul National University, 2016
  • Best Paper Award, The 5th Biennial Conference of the World Accounting Frontier Series, 2015
  • General Research Fund, Hong Kong University Grants Committee, 2013
  • Faculty Award for Outstanding Performance, The Hong Kong Polytechnic University, 2013
  • Best Paper Award, The 3rd Annual Conference of the World Accounting Frontier Series, 2011
  • Best Paper Award, American Accounting Association (Western Region Conference), 2011
  • Best Paper Award, Korean Accounting Association, 2008

Institutional services (SNU):

  • Director, Center for Accounting Research, 2024-2025
  • Member, Budget Committee, 2023-2024
  • Deputy Director, Management Institute of SNU Business School, 2023
  • Director, Johnson & Johnson MedTech MBA Programme, 2023
  • Board Member, Gwanak Residence Hall, 2022-present
  • Internal Auditor, SNU Press, 2022-present
  • Director, CFO Academy, 2021-2022
  • Deputy Director, Advanced Auditor Programme, 2020
  • Advisory Committee, R&DB Foundation, 2020-2022
  • Organizer, SNU in Shenzhen Valley, 2018
  • Vice Dean, Gwanak Residence Hall, 2017-2018
  • Deputy Director, EMBA programme, 2017-2018
  • Deputy Director, CFO Academy, 2017-2018
  • Member, Review Board, Human Rights Center, 2017
  • Deputy Director, HDC MBA programme, 2016

Outside activities:

  • Vice President, Korean Accounting Association, 2020-present
  • Outside Director, Korea Trust, 2020-present
  • Outside Director, Hanwha Systems, 2023-present
  • Outside Director, SOLiD, Inc., 2020-2022
  • Op-ed Contributor, Maeil Business Newspaper, 2023
  • Op-ed Contributor, Hansbiz 1.5℃ How, 2023-present
  • Advisory Board Member, Samil PwC Governance Center, 2023-2025
  • Advisory Board Member, Child Fund Korea, 2023-2024
  • Advisory Board Member, Korea Student Aid Foundation, 2021-2023
  • Business Assessment Committee, KEPCO, 2023
  • KOSDAQ Market Committee, Korea Exchange, 2021-2023
  • Supervisory Committee Member, Financial Services Commission, 2020-2022
  • Market Monitoring Committee, Korea Exchange, 2016
  • TESAT Examination Committee, The Korea Economic Daily (Hankyung), 2016

Editorial services:

  • Editor: Seoul Journal of Business (KCI), 2024-present
  • Co-editor: Journal of Contemporary Accounting and Economics (SSCI), 2022-present
  • Associate Editor: Journal of Contemporary Accounting and Economics (SSCI), 2019-2022
  • Associate Editor: Asia-Pacific Journal of Financial Studies (SSCI), 2022-present
  • Associate Editor: Journal of International Financial Management and Accounting (SSCI), 2023-present
  • Editorial Board member: Korean Accounting Review (KCI), 2013-2018
  • Scientific Committee (track chair), Hawaii Accounting Research Conference, 2018-2022
  • Chair, Organizing Committee, Annual meeting, Korea Accounting Information Association, 2021
  • Chair, Organizing Committee, Annual meeting, Korean Academic Society of Taxation, 2017
  • Organizing Committee, JCAE Symposium, HKPolyU, 2010, 2012
  • Ad-hoc reviewer for academic journals, promotion and tenure cases, conferences, and external funding bodies.

Publications

Research interest:

  • asset valuation
  • financial reporting
  • human capital

Selected publications:

  1. “Length of IPO Prospectus and Individual Investors’ Demand for IPO Shares”, with Meeok Cho, Sunhwa Choi and Sehee Kim, Accounting Horizons, forthcoming.
  2. "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
  3. “Organized Labor and Inventory Stockpiling”, with Sophia Hamm, Boochun Jung, and Daniel Gunhee Yang. The Accounting Review, 2022, 97 (2): 241-266
  4. “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
  5. "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
  6. "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
  7. “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
  8. “Labor Unions and Income Smoothing”, with Sophia Hamm and Boochun Jung. Contemporary Accounting Research, 2018, 35 (3): 1201-1228
  9. “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
  10. “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
  11. “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
  12. “Debt Financing and Accounting Conservatism in Private Firms”, with In-Mu Haw and Jay Junghun Lee. Contemporary Accounting Research, 2014, 31 (4): 1220-1259
  13. “Financial Reporting Quality and Labor Investment Efficiency”, with Boochun Jung and David P. Weber. Contemporary Accounting Research, 2014, 31 (4): 1047-1076
  14. “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
  15. “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

See more publications here.
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