Kyung Joo Lee, Ph.D. Associate Professor School of Business and Technology University of Maryland Eastern Shore Princess Anne, MD 21853 Office Location: KH 2110, Kiah Hall Phone: (410) 621-3078 (Office); (410) 713-8658 (Home) Fax: 410-651-6032 E-mail: kjlee@umes.edu EDUCATION: Ph.D., 1990 UNIVERSITY OF ARIZONA, Tucson, Arizona Major: Business Administration (Accounting) Dissertation: The Effect of Time-Series Properties on the Predictive Value of Quarterly Earnings for Forecasting Annual Earnings MBA, 1982 INDIANA UNIVERSITY, Bloomington, Indiana Major: Quantitative Business Analysis MBA, 1981 BBA, 1978 KOREA UNIVERSITY, Seoul, Korea Major: Finance KOREA UNIVERSITY, Seoul, Korea Major: Business Administration TEACHING FIELDS: Introductory Financial Accounting, Intermediate Accounting, Cost and Managerial Accounting, Financial Statement Analysis, Governmental Accounting, International Accounting EMPLOYMENT HISTORY: UNIVERSITY OF MARYLAND EASTERN SHORE Department of Business, Management and Accounting Current Appointment: August 2007 Present: Associate Professor of Accounting DELAWARE STATE UNIVERSITY, Dover, Delaware
and Finance Feb 2006 - July 2007 Visiting Scholar CHEJU NATIONAL UNIVERSITY, Jeju, Korea Apr 2002 - Jan 2006 Jan 2001 - Mar 2002 Professor Associate Professor UNIVERSITY OF OREGON, Eugene, Oregon Jan 2000 - Dec 2000 Visiting Scholar Apr 1996 - Dec 1999 Associate Professor Apr 1993 - Mar 1996 Assistant Professor Mar1991 - Mar 1993 Senior Lecturer CHEJU NATIONAL UNIVERSITY, Jeju, Korea UNIVERSITY OF ARIZONA, Tucson, Arizona Aug 1984 - Dec 1990 Teaching Assistant/Teaching Associate AWARDS/FELLOWSHIPS: HONORS: 2000 Cheju National University Research Fellowship to visit the University of Oregon as a research scholar to conduct a research project for one year (January 2000 December 2000). Distinguished Research Awards Allied Academies Conferences (2002, 2004, 2006 and 2008). Outstanding Manuscript Award Korean Accounting Association (1992). PROFESSIONAL ORGANIZATION MEMBERSHIP: Allied Academies, Member Korean Accounting Association, Life Member, Board of Directors Korean Management Association, Life Member PROFESSIONAL SERVICE 2
Department (UMES) Faculty Search Committee, Chair, 2010-Present Department Curriculum Committee-Accounting, Chair, 2008-Present University Senate and Faculty Assembly, Representative, 2008-2010 Department Accreditation Committee, Member, 2008 - Present University (UMES) Member, University Senate and Faculty Assembly, Representative, 2008 2010 UMES Retention Committee, Member, 2008 2010 National/Regional Executive/Editorial Board Membership Pan-Pacific Journal of Business Research, Managing Editor, 2010-Present Korean Accounting Review COURSES TAUGHT IN VARIOUS UNIVERSITIES UNIVERSITY OF MARYLAND EASTERN SHORE Department of Business, Management and Accounting ACCT201 - Introductory Financial Accounting ACCT202 - Introductory Corporate and Managerial Accounting ACCT301 - Cost and Budgetary Control ACCT302 - Intermediate Accounting I ACCT303 - Intermediate Accounting II ACCT304 - Managerial Accounting ACCT309 - Financial Statement Analysis ACCT405 - Government and Nonprofit Accounting DELAWARE STATE UNIVERSITY and Finance 42-201-01 - Accounting I 42-203-01 - Accounting for Decision Making CHEJU NATIONAL UNIVERSITY 403035 - Accounting Principles 900130 - Financial Accounting 303022 - Computerized Accounting 303023 - Intermediate Financial Accounting 900078 - Management Accounting 3
303030 - Accounting Theory 303019 - Financial Statement Analysis 900162 - Accounting Information System 303015 - Budgeting 303007 - International Accounting In addition to these undergraduate courses, I taught many graduate (Master and Ph.D. degree program) courses in the area of financial accounting and research methodology. GRADUATE STUDY SUPERVISION CHEJU NATIONAL UNIVERSITY Supervise a doctoral dissertation in the area of financial accounting (capital market research). Candidate graduated in December, 2001. Also, participate in the supervision of graduate (Master degree) students thesis (12 candidates). RESEARCH PROPOSALS/GRANTS (Last Five Years) PUBLICATIONS [Refereed Journal Articles] (Last Five Years): Association between Pre IPO Earnings Management and Post IPO Institutional Ownership Drifts, accepted for publication in Academy of Accounting and Financial Studies Journal, (with Li, Diane, and Jin, Jongdae). Inter-temporal and Cross-sectional Variations in the Value Relevance of Earnings and Equity Book Value for Korean Firms, Pan-Pacific Journal of Business Research, (2010), Vol. 1, No. 1, pp. 4-15, (with Jang, Jee In and Jung, Hye Jung). Firm s Financial Leverage and Its Impact on Differential Roles of Earnings and Book Value for Equity Valuation, Pan-Pacific Journal of Business Research, (2010), Vol. 1, No. 1, pp. 16-28, (with Huh, Sung-Kyu). The Short-term Effect of Pre-IPO Earnings Management on Post-IPO Ownership Structure, accepted for publication in Academy of Accounting and Financial Studies Journal, (with Sun, Yong, Li, Diane, and Jin, Jongdae). Corporate Social Responsibility and Firm Operating Performance: Evidence from Korean Firms, accepted for publication in Academy of Strategic Management Journal, (with Jang, Jee In). 4
The Effect of Underwriter Reputation on Pre-IPO Earnings Management and Post- IPO Operating Performances, Academy of Accounting and Financial Studies Journal, (2010), Vol. 14, No. 2, pp. 1-18, (with Sun, Yong, Li, Diane, and Jin, Jongdae). Differential Effects of Student Characteristics on Performance: Online vis-à-vis Offline Accounting Courses, Academy of Educational Leadership Journal, (2009), Vol. 13, No. 2, pp. 83-92, (with Huh, Sung K., Yoo, Sehwan, and Jin, Jongdae). Forecasting Korean Stock Price Index (KOSPI) Using Back Propagation Neural Network Model, Bayesian Chiao s Model, and SARIMA Model, Academy of Information and Management Science Journal, (2008), Vol. 11, No. 2, pp. 53-62, (with Chi, Albert Y., Yoo, Sewhan, and Jin, Jongdae). Comparisons of Performances between Online Learners and Offline Learners across Different Types of Tests, Academy of Information and Management Sciences Journal, (2008), Vol. 11, No. 1, pp. 45-64, (with Huh, Sung K., Yoo, Sehwan, and Jin, Jongdae). Neural Network Model vs. SARIMA Model In Forecasting Korean Stock Price Index (KOSPI), Issues in Information Systems, (2007), Vol. 8, No. 2, pp. 372-378, (with Yoo, Sehwan, and Jin, Jongdae). The Effect of Changes in Financial Leverage on the Relation Between Earnings and Stock Returns: Evidence from Korean Firms, Journal of the Academy of Finance, (2007), Vol. 5, No.1, pp. 139-151, (with Kwak, Young S., and Jin, Jongdae). The Effect of the Firm s Monopoly Power on the Earnings Response Coefficient, Academy of Accounting and Financial Studies Journal, (2007), Vol. 11 No 2, pp. 35-50, (with Jin, Jongdae, and Huh, Sung K.). CONTRIBUTION TO BOOKS (Last Five Years): REFEREED CONFERENCE PROCEEDINGS/PRESENTATIONS (Last Five Years): The Effects of Business Cycles on the Value Relevance of Earnings and Equity Book Value for Korean Firms, Paper presented at the Pan Pacific Business Research Conference, San Bernardino, California, February 10-11, 2012 Association between the Firm s Social Performance and Its Financial Performance, Paper presented at the Pan Pacific Business Research Conference, San Bernardino, California, February 10-11, 2012 5
Macroeconomic Conditions and Value Relevance of Accounting Information: Evidence from Korean Firms, Paper presented at the MTMI-NIT International Conference, New Carrollton, Maryland, October 20-22, 2011 The Effect of the Firm s Financial Leverage on the Value Relevance of Earnings and Book Value, Paper presented at the Academy of Business Research Spring Conference, New Orleans, Louisiana, March 16-18, 2011 Does Corporate Social performance Affect Its Financial Performance?, Paper presented at the MTMI-NIT International Conference, Taiwan, Republic of China, December 22-24, 2010. Association between Pre IPO Earnings Management and Post IPO Institutional Ownership Drifts, Paper presented at the 1st Pan-Pacific Business Research Conference, San Bernardino, California, June 29, 2010, (with Jin, Jongdae and Li, Diane) Firm s Financial Leverage and Its Impact on Differential Roles of Earnings and Book Value for Equity Valuation, Paper presented at the 1st Pan-Pacific Business Research Conference, San Bernardino, California, June 29, 2010, (with Huh, Sung-Kyu) Inter-temporal and Cross-sectional Variations in the Value Relevance of Earnings and Equity Book Value for Korean Firms, Paper presented at the 1st Pan-Pacific Business Research Conference, San Bernardino, California, June 29, 2010, (with Jang, Jee In) Does the Firm s Financial Leverage Affect the Relationship between Earnings and Equity Price?, Paper presented at the MTMI-TRU International Conference, Kamloops, British Columbia, Canada, June 12-13, 2010. The Short-term Effect of Pre-IPO Earnings Management on Post-IPO Ownership Structure, Paper presented at the Allied Academies Fall International Conference, Las Vegas, Nevada, October 14-16, 2009, (with Sun, Yong, Jin, Jongdae and Li, Diane) The Relation between Corporate Social Responsibility and Financial Performance: Evidence from Korean Firms, Paper accepted for presentation at the The 2 nd World Business Ethics Forum, Hong Kong, December 11-12, 2008, (with Jang, Jee In, and Choi, Heon Seob) Forecasting Korean Stock Price Index (KOSPI) Using Back Propagation Neural Network Model, Bayesian Chiao s Model, and SARIMA Model, Paper presented at the Allied Academies Fall International Conference, Reno, Nevada, October 15-18, 2008, (with Chi, Albert Y., Yoo, Sewhan, and Jin, Jongdae). Corporate Social Responsibility and Firm Operating Performance: Evidence from Korean Firms, Paper presented at the Allied Academies Fall International Conference, 6
Reno, Nevada, October 15-18, 2008, (with Jang, Jee In), [Best Paper Award]. The Effect of Underwriter Reputation on Pre-IPO Earnings Management and Post-IPO Operating Performances, Paper presented at the Allied Academies Fall International Conference, Reno, Nevada, October 15-18, 2008, (with Sun, Yong, Li, Diane, and Jin, Jongdae), [Best Paper Award]. Does an Audience Response System Called Clicker Help Student Learning in Accounting? Paper presented at the Allied Academies Fall International Conference, Reno, Nevada, October 15-18, 2008, (with Huh, Sung K., and Jin, Jongdae). Differential Effects of Student Characteristics on Performance: Online vis-à-vis Offline Accounting Courses, Paper presented at the Allied Academies International Conference in Tunica, MS, April 2-4, 2008, (with Huh, Sungkyu, Jin, Jongdae, and Yoo, Sewhan), [Best Paper Award]. Comparison of the Back Propagation Neural Network Model, Bayesian Chiao s Model, and SARIMA Model in Forecasting Korean Stock Price Index (KOSPI), Paper presented at the Allied Academies International Conference in Tunica, MS, April 2-4, 2008, (with Chi, Albert Y., Yoo, Sewhan, and Jin, Jonddae). Neural Network Model vs. SARIMA Model in Forecasting Korean Stock Price Index (KOSPI), Paper presented at the Annual IACIS Fall Conference, Vancouver, Canada, October 3-6, 2007, (with Yoo, Sewhan and Jin, Jongdae). The Effect of Changes in Financial Leverage on the Relation between Earnings and Stock Returns: Evidence from Korean Firms, Paper presented at the Academy of Finance Annual meeting at Chicago, March 28-30, 2007, (with Kwak, Young S., and Jin, Jongdae). WORKSHOPS AND PROFESSIONAL DEVELOPMENT (Last Five Years): SEMINAR SERIES (Last Five Years): TECHNICAL REPORTS/MONOGRAPHS 7
WORKS IN PROGRESS Lee, Kyung Joo (2011). Macroeconomic Conditions and Value Relevance of Accounting Information: Evidence from Korean Firms. Lee, Kyung Joo (2011). The Effect of Capital Structure on the Value Relevance of Earnings and Equity Book Value: All-equity versus Levered Firms. Lee, Kyung Joo and Kang, Mi-Young (2011). The Effect of the Firm s Social Performance on Its Financial Performance. Jang, Jee In, Lee, Kyung Joo, and Choi, Heon Seob (2010). The Relation between Corporate Social Responsibility and Financial Performance: Evidence from Korean Firms. CONFERENCES ATTENDED (Last Five Years): Pan Pacific Business Research Conference, San Bernardino, California, February 10-11, 2012 MTMI-NIT International Conference, New Carrollton, Maryland, October 20-22, 2011 Academy of Business Research Conference, New Orleans, Louisiana, March 16-18, 2011. Pan-Pacific Business Research Conference, San Bernardino, California, June 29, 2010. Allied Academies Fall International Conference, Reno, Nevada, October 15-18, 2008. Allied Academies International Conference, Tunica, MS, April 2-4, 2008. REFERENCES: Available Upon Request 8