이우종

Financial Accounting, Valuation 교수


교수 소개

Woo-Jong Lee is Associate Professor of Accounting at Seoul National University (SNU) Business School. He received both his BBA and Ph.D in Business Administration (Accounting emphasis) from SNU Business School. Prior to returning to his alma mater, Dr. Lee served as Associate Professor at School of Accounting and Finance in The Hong Kong Polytechnic University (HKPolyU).

Dr. Lee has taught management accounting at both undergraduate and postgraduate levels at HKPolyU and is currently teaching intermediate accounting at SNU Business School. His primary research interests include the role of accounting information in equity valuation, market efficiency and information risk in emerging markets. Dr. Lee has published in academic journals, including Journal of Accounting and Economics, Contemporary Accounting Research, Management Science, Journal of Accounting Auditing and Finance, Journal of Business Finance and Accounting, and Journal of Management Accounting Research. His works have also been cited in leading professional magazines such as Institutional Investor and CFA Digest.

경력사항

[학력 및 경력]
(現) 서울대학교 경영대학, 부교수
(前) 홍콩이공대학교 (香港理工大學) 경영대학, 부교수
서울대학교 경영대학, 학사/박사

[수상 및 서훈]
서울대학교 경영대학 우수강의상 (2018)
한국세무학회 우수심사자상 (2018)
한국공인회계사회 최우수논문상 (2016)
서울대학교 차세대 신진학자 (2015)
홍콩이공대학 Faculty Award for Outstanding Performance (2013)
Hong Kong Government General Research Grant (2013)
World Accounting Frontier Series 최우수논문상 (2011, 2015)
미국회계학회 최우수논문상 (Western Region, 2011)
한국회계학회 최우수논문상 (2008)

[학내봉사]
서울대학교 국제협력본부 SNU in Shenzhen Valley 주임 (2018)
서울대학교 경영전문대학원 EMBA 부주임 (2017-현재)
서울대학교 경영대학 CFO Academy 부주임 (2017-현재)
서울대학교 관악생활관 부관장 (2017-현재)
서울대학교 경영대학 현대산업개발과정 부주임 (2016)

[학외봉사]
한국세무학회 이사, 학술대회 위원장 (2017)
한국거래소 시장감시위원회 자문위원 (2016)
한국회계학회 이사 (2015-현재)
한국중소기업학회 이사 (2015-현재)
한국회계정보학회 이사 (2015-현재)
국제회계학회 이사/부회장 (2015-현재)
『회계학연구』 편집위원 (2013-현재)

[연구용역]
한국공인회계사회
상장회사협의회
서울지방법원
한국개발연구원
한국주택금융공사
국민연금관리공단
한국증권거래소 外

학술활동

[전공분야]
재무회계, 기업가치평가, 기업지배구조, 자본시장

[국내학술지]
[1] “한국기업의 지배구조는 개선되었는가? 현금보유수준 및 가치관련성 추세를 중심으로", 양승희, 정태진, 조미옥과 공저. 회계학연구, 2018, 게재예정.
[2] “우리말 사업보고서 가독성 연구의 가능성에 대한 탐색적 연구", 임승연, 정태진, 조미옥과 공저. 회계학연구, 2018, 게재예정.
[3] “Asset Growth and Analysts’ Multi-Period Earnings Forecasts", 조형진, 최선화, 황이석과 공저. 회계학연구, 2018, 43 (2): 89-127.
[4] “Auditors’ Response to Organized Labor in Client Firms”, with Simon Fung, Bin Srinidhi, and Nancy Su, Seoul Journal of Business, 2017, 23 (2): 23-65.
[5] “코스닥시장 신규상장기업의 이익조정과 종업원의 지분참여”, 기은선, 이종룡과 공저. 회계저널, 2017, 26 (3): 79-105.
[6] “Personnel is Policy: Labor Investment Efficiency and Firm Value”, 유경화와 공저. 회계학연구, 2017, 42 (2): 125-168.
[7] “회계투명성의 국가 간 비교 및 자본비용과의 상관관계에 대한 실증연구: 우리나라를 중심으로”, 심호식, 이재경, 한승엽과 공저, 회계ㆍ세무와 감사연구, 2016, 58 (2): 41-81.
[8] “SK텔레콤의 하이닉스 반도체 인수와 발전”, 한송이, 최종학과 공저, 회계저널, 2015, 24 (6): 1-29.
[9] “Earnings Components, Stock Return Variability, and the Impact of Corporate Governance”, 이정훈, 임승연, 황이석과 공저. 회계학연구, 2014, 39 (2), 109-141.
[10] “채권관리권한(Mortgage Servicing Rights)에 대한 회계제도 개선을 위한 연구”, 임승연, 최선화, 황이석과 공저. 회계저널, 2008, 17 (3), 229-253.
[11] “Conditional Conservatism, Listing Status, and Auditor Quality”, 남혜정, 박경호, 황이석과 공저. 회계학연구, 2008, 33 (2), 145-183.
[12] “국민연금기금의 주식시장왜곡에 관한 연구”, 고봉찬, 이병희, 황이석과 공저. Asia-Pacific Journal of Financial Studies,2008, 37(3), 465-500.
[13] “Korean Evidence on the Implied Cost of Equity”, 임승연, 황이석과 공저. 회계학연구, 2008, 33 (1), 97-125.
[14] “방산업체의 이익조정에 관한 연구”, 안태식, 윤성만, 정형록과 공저. 회계학연구, 2007, 32 (1), 59-88.
[15] “Investor Sophistication, Arbitrage Risk, and the Mispricing of Accruals in Korean Listed Firms”, 김문현, 손병철, 황이석과 공저. 회계학연구, 2005, 30 (Supplement), 59-91.
[16] “회계투명성 평가에 대한 연구”, 곽수근, 심호식, 황이석과 공저. 경영논집, 2004, 38 (1), 37-71.

[해외학술지]
[17] “Labor Unions and Income Smoothing”, with Sophia Hamm and Boochun Jung, Contemporary Accounting Research, forthcoming.
[18] “Audit Pricing of Shared Leadership”, with Youn-Sik Choi, Jiwon Hyeon, and Taejin Jung, Emerging Markets, Finance, and Trade, 2018, 54 (2): 336-358.
[19] “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.
[20] “Allocation of Cash Flows in Unionized Firms”, with Seungbin Oh, Sangiun Yim and Kyunghwa Yu. Emerging Markets, Finance, and Trade, 2017, 53 (4): 932-951.
[21] “The Effectiveness of Regulation Fair Disclosure: Evidence from an Emerging Market”, with Hyungjin Cho and HoshikShim, Emerging Markets, Finance, and Trade, 2016, 52 (6): 1496-1511.
[22] “The Impact of Dividend Covenants on Investment and Operating Performance”, with Boochun Jung and Sunny Yang, Journal of Business, Accounting, and Finance, 2016, 43 (3)&(4): 414-447.
[23] “Do Managers Withhold Good News from Labor Unions?”, with Richard Chung, Bryan Byung-Hee Lee, and ByungcherlCharlie Sohn. Management Science, 2016, 62 (1): 42-68.
[24] “The Impact of Mandatory versus Voluntary Auditor Switch on Stock Liquidity: Some Korean Evidence”, with Sunhwa Choi, Youn-Sik Choi, and Ferdinand A. Gul. British Accounting Review, 2015, 47 (1): 100-116.
[25] “Debt Financing and Accounting Conservatism in Private Firms”, with In-Mu Haw and Jay Junghun Lee. Contemporary Accounting Research, 2014, 31 (4): 1220-1259.
[26] “Financial Reporting Quality and Labor Investment Efficiency”, with Boochun Jung and David P. Weber. Contemporary Accounting Research, 2014, 31 (4): 1047-1076.
[27] “Accounting Valuation and Cross-sectional Stock Returns in China”, with Tony Y. Zhang. China Accounting and Finance Review, 2014, 16 (2), 155-170.
[28] “The Association between Big 4 Auditor Choice and the Cost of Equity Capital for Multiple-Segment Firms”, with Jong-Hag Choi. Accounting and Finance, 2014, 54 (1), 135-163.
[29] “Return Predictability of Residual-Income-Based Valuation: Risk or Mispricing”, with Lee-Seok Hwang. Abacus, 2013, 49 (2), 219-241.
[30] “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.
[31] “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.
[32] “How Does Ownership Concentration Exacerbate Information Asymmetry among Equity Investors?”, with Hae-Young Byun and Lee-Seok Hwang. Pacific-Basin Finance Journal, 2011, 19 (5), 511-534.
[33] “Managerial Entrenchment and the Value of Dividends”. Review of Quantitative Finance and Accounting, 2011, 36 (2), 297-322.
[34] “Value Information of Corporate Decisions and Corporate Governance Practices”, with Hae-Young Byun and Lee-Seok Hwang. Asia-Pacific Journal of Financial Studies, 2011, 40 (1), 69-108.

[경영서]
[35] “Changes in Value Relevance, Timeliness, and Transparency of Reported Accounting Information: An Analysis of Korean Listed Firms”, 김문현, 손병철, 황이석과 공저. 서울대학교 출판문화원, 2008, 263 pages.