LEE, Dong Wook
Professor of Finance
Korea University Business School
donglee [at] korea.ac.kr
EDUCATION
PhD Fisher College of Business, The Ohio State University, Columbus, OH, USA. 2003
MBA College of Business Administration, Seoul National University, Seoul, Korea. 1996
BBA College of Business Administration, Seoul National University, Seoul, Korea. 1994
ACADEMIC APPOINTMENTS
Professor of Finance
Korea University Business School, Seoul, Korea. Sep.2014-present
Visiting Scholar
University of Michigan (Ross), Ann Arbor, MI, USA. Dec.2019-Jul.2021/Nov.2023-present
The Ohio State University (Fisher), Columbus, OH, USA. Jul.2012-Aug.2013/Aug.2015-Feb.2016
Associate Professor of Finance
Korea University Business School, Seoul, Korea. Sep.2009-Aug.2014
Assistant Professor of Finance
Korea University Business School, Seoul, Korea. Sep.2006-Aug.2009
Assistant Professor of Finance
University of Kentucky, Lexington, KY, USA. Aug.2003-Jun.2006
OTHER APPOINTMENTS
Commissioner
Securities and Futures Commission (Korean government), Sep.2022-present
Vice President
Korean Finance Association, Jan.2023-present
Associate Editor (Editor-in-Chief, starting Jan 2024)
Asian Review of Financial Research, Jan.2020-present
Director
Asian Finance Association, Jun.2023-present
Editor in Chief
Korean Journal of Financial Studies, Mar.2021-May 2022
PUBLICATIONS
Can swap basis predict foreign exchange rate? Evidence from Korea
(with Eun-young Shin)
Asian Review of Financial Research, May 2022
The role of second-tier exchange in corporate valuation: Evidence from Korea
(with Hee Jung Choi)
Asia-Pacific Journal of Financial Studies, December 2021
Why does equity capital flow out of high Tobin’s q industries?
(with Han Shin and René Stulz)
Review of Financial Studies, April 2021
Dollar-weighted return on aggregate corporate sector: How is it distributed across countries?
(with Lingxia Sun)
Pacific-Basin Finance Journal, October 2019
Korean Journal of Financial Studies, August 2019
Factor exposures of foreign equity capital in a domestic stock market: Evidence from Korea
(with Lingxia Sun)
International Review of Finance, December 2017
Stock return commonality within business group: Fundamentals or sentiment?
(with Min-su Kim and Woojin Kim)
Pacific-Basin Finance Journal, 2015
The role of trading volume in the "volatility puzzle"
Asia-Pacific Journal of Financial Studies, 2015
Takeover vulnerability and the behavior of short-term stock returns
(with Joon Chae and Shu Feng Wang)
Journal of Corporate Finance, 2013
Short selling by individual investors: Destabilizing or price discovering?
(with Chan Shik Jung and Woojin Kim)
Pacific-Basin Finance Journal, 2013
(with Hyung Cheol Kang, Eun Jung Lee, and Kyung Suh Park)
Journal of Futures Markets, 2012
Does more information in stock price lead to higher or lower firm-specific return variation?
(with Mark Liu)
Journal of Banking and Finance, 2011
(with Hyung Cheol Kang and Kyung Suh Park)
Journal of Banking and Finance, 2010
(with Kyung Suh Park)
Journal of Corporate Finance, 2009
REIT capital budgeting and equity marginal q
(with Brent Ambrose)
Real Estate Economics, 2009
(with Chan Shik Jung and Kyung Suh Park)
Journal of International Money and Finance, 2009
Journal of Financial Services Research, 2009
재무연구, 2007
Comovement after joining an index: Spillovers of nonfundamental effect
(with Brent Ambrose and Joe Peek)
Real Estate Economics, 2007
U.S. banks, crises, and bailouts: From Mexico to LTCM
(with Bong-Chan Kho and René Stulz)
American Economic Review Papers and Proceedings, 2000
WORKING PAPERS
Small and large firms across legal origins
(with Lingxia Sun)
(with Lingxia Sun)
WORK IN PROGRESS
"Chineseness" in U.S.-listed Chinese stock symbols
(with Ok Joo Lee)