TOP

Faculty

Faculty
Tenure Tracks

Tenure Tracks

Choi, Wooseok 최우석

  • Accounting
  • Professor
  • Financial accounting, Capital market, Corporate governance
  • LG-POSCO bldg.
  • TEL : 02-3290-2814
  • Email : choiw@korea.ac.kr
  • Fax :
  • Homepage :
  • Office Hour :

Education

  • Ph.D. in Accounting, Michigan State University
  • Master in Professional Accountancy, University of Texas at Austin
  • M.B.A. in Accounting, Korea University
  • B.B.A. in Business Administration, Korea University

Career

  • Successful Candidate of the 28th CPA Examination (1993) 
  • Samil Accounting Corporation
  • Assistant Professor, California State University at Los Angeles (2004 - 2005) 
  • Professor, Korea University Business School (2006 - Present)

Awards
  • Seok-Top Teaching Award, Korea University (2006–2024, 42-time recipient — the most awarded recipient of the Seok-Top Teaching Award)
  • IBRE Research Award, Korea University (2007, 2009, 2010, 2015, 2016, 2019)
  • Research, Scholarship & Creative Activity Grant, California State University (2004) 
  • The European Applied Business Research (EABR) Conference Best Paper Award (2002) 
  • American Accounting Association Doctoral Consortium Fellow (2001) 
  • Doctoral Research Award / Broad Doctoral Fellowship, Michigan State University (2001) 
  • Sommerfeld Scholar Award / Dean's Award / Arthur Andersen & Co. Scholarship, University of Texas at Austin (1998 & 1999) 
 
Other Experience
  • Academic Director, KU CPA Prep Program & National Exam for Higher Civil Service Prep Program (2009 - 2015) 
  • Executive Director, Korean Academic Society of Business Administration (2009 - 2010, 2012 - 2013) 
  • Advisor, Ministry of Security and Public Administration (2009) 
  • Advisor, Korea Deposit Insurance Corporation (2014 - 2018)  
  • Board member, Outside director, Audit committee chair. SK Innovation (2018 - 2024.03)
  • Board member, Outside director, Audit committee chair. DL Holdings CO. (2023 - present)
 
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Publications

  • Research Interests
    • Financial reporting and disclosure / Corporate governance / Financial information intermediaries. 
    • Debt financing / Firm-bank relationships. 
       
  • International Journals
    • "Managerial overconfidence and firm profitability" with H. Kim, S. Choi. Asia-Pacific Journal of Accounting & Economics, 29(1) (2022), 129-153.
    • “Who Classifies Interest Payments as Financing Activities? An Analysis of Classification Shifting in the Statement of Cash Flows at the Adoption of IFRS” with B. Baik, H. Cho, K. Lee. Journal of Accounting and Public Policy, 35(4) (2016), 331-351.
    • “Corporate Life Cycle and Earnings Benchmarks” with J. Choi, E. Lee. Australian Accounting Review, 26(4) (2016), 415-428.
    • “CEO's Operating Ability and the Association between Accruals and Future Cash Flows” with S. Han, S. Jung, T. Kang.  Journal of Business Finance & Accounting, 42(5) (2015), 619-634. 
    • “The Role of Institutional Environments in Cross-Border Mergers: A Perspective from Bidders' Earnings Management Behavior” with B. Baik, K. Cho, J. Kang. Management International Review, 55(5) (2015), 615-646.
    • “The effect of different levels of internal control over financial reporting regulation on the quality of accounting information: evidence from Korea” with J. Bae, S. Jung, K. Oh. Asia-Pacific Journal of Accounting & Economics 21 (4) (2014), 412-442.
    • “Managing Earnings Surprises in Japan: Perspectives from Main Bank Relationships and Institutional Ownership” with Bok Baik.  Journal of Business Finance & Accounting, 37, Issue 5-6 (2010) (Lead article), 495-517. 
    • “The Role of Bank Monitoring in Corporate Governance: Evidence from Borrowers’ Earnings Management Behavior” with Sungyoon Ahn.  Journal of Banking and Finance, 33 (2009), 425-434. 
    • “Bank Relationships and the Value Relevance of the Income Statement:  Evidence from Income-Statement Conservatism”.  Journal of Business Finance & Accounting, 34, Issue 7 (2007), 1051-1072. 
    • “Market Reaction to E-Commerce Impairments Evidenced by Website Outages” with Joseph Anthony and Severin Grabski.  International Journal of Accounting Information Systems, Volume 7, Number 2 (2006), 60-78. 
    • “Market Reaction to E-Commerce Impairments Evidenced by Website Outages: Authors’ Response” with Joseph Anthony and Severin Grabski.  International Journal of Accounting Information Systems, Volume 7, Number 2 (2006), 87-90. 
       
  • Korean Journals
    • Many other publications in Korean since 2015. Please refer to the webpage in Korean.
    • “The Effect of a Leading Firm’s Early Reported Earnings on Late Announcing Firm’s Earnings Management After Fiscal Year-end and Stock Market Response” S. Doo, S. Yoon. Korean Accounting Journal Vol. 24(2) (April 2015)
    • “Board Independence and Expertise and Firm’s Investment Efficiency” H. Kim, S. Choi. Korean Management Review Vol. 43(4) (August 2014) 
    • “The Analysts' Earnings Forecasts in Issuance of Bonds" S. Kim, E. Lee. International Accounting Research Vol. 43(4) (August 2014) 
    • “Accounting Treatment of Prepaid Points under K-IFRS" K. Cho, E. Lee, E. Lee, K. Jung. Korean Accounting Journal Vol. 22(5) (October 2013) 
    •  “The Effect of Managers’ Real Earnings Management Activity on Audit Hour and Audit Fee” C. Lee, S. Bae. Korean Management Review Vol. 41(4) (August 2012) 
    • “The Effects of Firm-Bank Relationships on Borrowing Firms' Accounting Conservatism: Evidence from Mid-Cap Firms in Korea" S. Baek, J. Choi. Korean Accounting Review Vol. 36(3) (September 2011) 
    • “The Properties of Preliminary Financial Reports and Firm Characteristics of Restatement" S. Yoo, D. Lee. Korean Management Review Vol. 40(3) (June 2011) 
    • “A Study on Measurement Method of Korea Listed Companies' Accounting Transparency" Y. Lee, H. Lee, J. Lee, H. Lee. Korean Accounting Journal Vol. 20(3) (June 2011) 
    • “A Study on the Built-in Gain Tax on Going Private Firms” M. Lee, S. Ahn. Korean Journal of Taxation Research Vol. 23(3) (September 2006) 
       
  • Ad Hoc Reviewer
    • Journal of Banking and Finance, Journal of Business Finance & Accounting, Financial Analysts Journal, Corporate Governance: An International Review, Pacific-Basin Finance Journal, Korean Accounting Review, Korean Accounting Journal, Korean Journal of Taxation Research, Korean Management Review, Asia-Pacific Journal of Financial Studies, American Accounting Association's Regional Meeting, etc.
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Books

Research

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