Yong Gyu Lee is an Associate Professor of Accounting at Seoul National University (SNU). Prior to joining the SNU faculty, Prof. Lee had taught accounting at Baruch College of the City University of New York for 5 years and at Sungkyunkwan University for another 5 years. He holds a Ph.D. degree in business administration (concentration in accounting) from Columbia University. Prof. Lee has a KICPA license and previously worked as an auditor for Samjong KPMG.

His current research interests include macroeconomic implications of accounting information, earnings management, and managerial incentives. His articles have appeared in prestigious journals in accounting and finance, such as the Journal of Financial Economics, Review of Accounting Studies, and Contemporary Accounting Research.

[Education and Certification]

• Ph.D. Business Administration (Accounting), Columbia University, October 2008
• M.A.S. Accounting, University of Illinois at Urbana-Champaign, May 2004
• M.B.A. Accounting, Seoul National University, August 2002
• B.A. Economics, Seoul National University, Summa Cum Laude, February 2000
• C.P.A., Korean Institute of Certified Public Accountants (KICPA) member, September 2000

[Academic Experience]

• Associate Professor of Accounting, Seoul National University, September 2018–Present
• Associate Professor of Accounting, Sungkyunkwan University, March 2014–August 2018
• Assistant Professor of Accounting, Sungkyunkwan University, September 2013–February 2014
• Assistant Professor of Accountancy, Baruch College–City University of New York, September 2008–August 2013
• Academic Visitor, London School of Economics and Political Science, September 2016–December 2016

[Industry Experience]

• Outside Director: PlayD Corp. (September 2019–Present), Hanwha Corp. (March 2023–Present)
• Senior Auditor/Staff Accountant, Samjong KPMG Accounting Corp., Korea, September 2000–May 2003

[Awards and Honors]

• Teaching Excellence Award, SNU Business School, 2023, 2020
• Senior Researcher Grant, National Research Foundation of Korea, 2020, 2019
• New Researcher Grant, National Research Foundation of Korea, 2018, 2017, 2014
• Teaching Excellence Award, Sungkyunkwan University Business School, Spring 2018, Fall 2017, Spring 2016
• Jungbong Research Award, Sungkyunkwan University Business School, 2016, 2014
• Faculty Research Fund, Sungkyunkwan University, 2013
• The Professional Staff Congress-City University of New York (PSC-CUNY) Research Award, CUNY, 2009-2013
• Faculty Scholarship & Creative Achievement Award, Baruch College, 2012
• Irving Weinstein Scholar, Stan Ross Department of Accountancy, Baruch College, 2009
• Columbia Business School Doctoral Fellowship, 2004-2008
• The Korea Foundation for Advanced Studies (KFAS) Scholarship, 2004-2008

[Services to the Field]

• Associate Editor: Asia-Pacific Journal of Accounting and Economics (SSCI), January 2016-Present
• Ad-hoc Reviewer:

• · Refereed Journals: Review of Accounting Studies; Accounting Horizons; European Accounting Review; Journal of Management Accounting Research; Asia-Pacific Journal of Accounting and Economics; Asia-Pacific Journal of Financial Studies; Journal of Contemporary Accounting and Economics; Seoul Journal of Business
• · Refereed Journals (printed in Korean): Korean Accounting Review; Korean Accounting Journal; Korean Management Review; Accounting Information Review; Study on Accounting, Taxation, and Auditing
• · Conferences: American Accounting Association (AAA) Annual Meetings; AAA Financial Accounting and Reporting Section (FARS) Meetings; AAA Western Regional Meeting; Hawaii Accounting Research Conference (HARC)

[Publications]

1. Kim, Robert, Yong Gyu Lee, and Gerald J. Lobo. 2024. Rounding of earnings per share and managerial insider selling. Asia-Pacific Journal of Accounting and Economics, 31 (1): 96–129.
2. Choi, Ahrum, Woo-Jong Lee, Yong Gyu Lee, and Gaoguang Zhou. 2023. Internal information quality and corporate employment decisions. Australian Accounting Review, 33 (3): 262–283.
3. Chang, Jen, Juan Jose Molina Hernandez, Yong Gyu Lee, and Young Zik Shin. 2023. Management of operating cash flows before and after the scandals in the early 2000s: An examination of meeting or beating analyst cash flow forecasts. Journal of Accounting and Public Policy, 107071.
4. Kim, Yewon, and Yong Gyu Lee. 2023. Investor response to audit market competition. Korean Accounting Review, 48 (2): 1–31. [printed in Korean].
5. Shin, Young Zik, Yong Gyu Lee, and Myung Seok Park. 2023. The use of non-financial performance measures in CEO compensation contracts and stock price crash risk. Asia-Pacific Journal of Accounting and Economics, 30 (2): 531–552.
6. Hwang, Juhee, Sera Choi, Sunhwa Choi, and Yong Gyu Lee. 2022. Corporate social responsibility and classification shifting. Journal of Accounting and Public Policy, 41 (2): 106918.
7. Oh, Hyung-Il, Hyun-Pyo Kim, Jeong-Bon Kim, and Yong Gyu Lee. 2021. Corporate social responsibility and operating cash flows management: An examination of credit market incentives. Journal of Business, Finance and Accounting, 48 (7–8): 1494–1522.
8. Kang, Tony, Yong Gyu Lee, Ji Yeon Ryu, and Yong Keun Yoo. 2021. A comparison of investors’ and analysts’ efficiency in incorporating accounting information. Asia-Pacific Journal of Accounting and Economics, 28 (5): 562–576.
9. Kim, Yewon, Yong Gyu Lee, Hui Dong Kim, and Hyelin Kim. 2021. Predicting macroeconomic indicators using earnings dispersion and accounting transparency information. Korean Accounting Journal, 30 (4): 1–33. [printed in Korean]
10. Jorgensen, Bjorn, Yong Gyu Lee, and Hyung-Il Oh. 2021. Overproduction, aggregate accounting performance, and gross domestic product. Seoul Journal of Business, 27 (1): 75–110.
11. Park, Sunyoung, Yong Gyu Lee, and Catherine Heyjung Sonu. 2020. Earnings management, IFRS adoption, and the correlation between accruals and cash flows: Evidence from Korea. Korean Accounting Journal, 29 (5): 153–190.
12. Chung, Jaewon, and Yong Gyu Lee. 2019. A case study on the early adoption of K-IFRS 1116 “Leases.” Korean Business Journal, 53: 89–119. [printed in Korean]
13. Darrough, Masako, Yong Gyu Lee, and Hyung-Il Oh. 2019. Classification shifting within non-recurring items. Asia-Pacific Journal of Accounting and Economics, 26 (3): 185–206.
14. Won, Joong Sik, Yong Gyu Lee, and Young Zik Shin. 2016. Earnings management using components of discontinued operations. Korean Accounting Review, 41 (6): 67–104. [printed in Korean]
15. Anantharaman, Divya, and Yong Gyu Lee. 2014. Managerial risk taking incentives and corporate pension policy. Journal of Financial Economics, 111 (2): 328–351.
16. Lee, Yong Gyu. 2014. An examination of restructuring charges surrounding the implementation of SFAS 146. Review of Accounting Studies, 19 (2): 539–572.
17. Jorgensen, Bjorn, Yong Gyu Lee, and Steve Rock. 2014. The shapes of scaled earnings histograms are not due to scaling and sample selection: Evidence from distributions of reported earnings per share. Contemporary Accounting Research, 31 (2): 498–521.
18. Ghosh, Aloke, and Yong Gyu Lee. 2013. Financial reporting quality, structural problems and the informativeness of mandated disclosures on internal controls. Journal of Business, Finance and Accounting, 40 (3–4): 318–349.
19. Jorgensen, Bjorn, Yong Gyu Lee, and Yong Keun Yoo. 2011. The valuation accuracy of equity value estimates inferred from conventional empirical implementations of the abnormal earnings growth model: U.S. evidence. Journal of Business, Finance and Accounting, 38 (3–4): 446–471.
20. Ahn, Tae Sik, and Yong Gyu Lee. 2003. Is CEO compensation sticky? Korean Accounting Journal, 12 (1): 65–85. [printed in Korean]




[Book]

1. K-IFRS Intermediate Accounting (with Song Ki Kim and Sung Soo Yoon), 2022, 2nd ed., Hongmoon Corp. [printed in Korean]