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Faculty
Professor LEE, WOO-JONG
LEE, WOO-JONG

Professor / Accounting

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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]

  • Professor, Seoul National University (2020-present)
  • Associate Professor, Seoul National University (2016-2020)
  • Assistant Professor, Seoul National University (2015)
  • Associate Professor, The Hong Kong Polytechnic University (2014-2015)
  • Assistant Professor, The Hong Kong Polytechnic University (2008-2014)
  • Ph.D., Seoul National University
  • B.B.A., Seoul National University

[Teaching]

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

Publications

  1. “An Empirical Analysis of Gender Differences in Asymmetric Labor Adjustment: Evidence from Korea”, with Meeok Cho, Jiwon Hyeon and Hee-Yeon Sunwoo. Review of Accounting Studies, 2025, 30 (2): 1716-1752
  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