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Dr Bobae Choi

Senior Lecturer - Accounting

Newcastle Business School (Accounting and Finance)

Career Summary

Biography

Bo is a senior lecturer in financial accounting. Her research interests lie in areas of financial reporting, corporate finance and corporate governance. Her main research theme is the impact of information asymmetry and corporate reporting on capital markets. Her recent papers have been published in high quality international journals including Contemporary Accounting Research and Corporate Governance: An International Review. She also has served as an academic reviewer for Corporate Governance: An International Review, Accounting and Finance, and Journal of Business Research.

Since she joined the University of Newcastle in 2009, Bo has been teaching intermediate financial accounting and introductory accounting courses at both undergraduate and postgraduate levels.

Research Expertise
Financial reporting, Earnings Management, Corporate governance & Corporate Social Responsibility. 

Collaborations
Bo has been involved in a number of collaborative research projects and successfully received several research grants. She has been working with academics both within and outside Australia from various leading international research institutions as her research topics not necessarily confined to the Australian market but also examine other developed and developing markets, such as the US and Korea.

Qualifications

  • PhD, Korea Advanced Institute of Science and Technology
  • Bachelor of Science, Korea Advanced Institute of Science and Technology
  • Master of Science, Korea Advanced Institute of Science and Technology

Keywords

  • CEO compensation
  • Corporate Governance
  • Earnings Management
  • Financial Accounting
  • Voluntary Disclosure

Languages

  • Korean (Fluent)

Fields of Research

Code Description Percentage
150199 Accounting, Auditing and Accountability not elsewhere classified 50
150299 Banking, Finance and Investment not elsewhere classified 50

Professional Experience

UON Appointment

Title Organisation / Department
Senior Lecturer - Accounting University of Newcastle
Newcastle Business School
Australia
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Publications

For publications that are currently unpublished or in-press, details are shown in italics.


Journal article (7 outputs)

Year Citation Altmetrics Link
2016 Choi B, Kim JB, 'The Effect of CEO Stock-Based Compensation on the Pricing of Future Earnings', European Accounting Review, 1-29 (2016)

© 2016 European Accounting AssociationThis paper examines whether CEO stock-based compensation has an effect on the market¿s ability to predict future earnings. When stock-based... [more]

© 2016 European Accounting AssociationThis paper examines whether CEO stock-based compensation has an effect on the market¿s ability to predict future earnings. When stock-based compensation motivates managers to share their private information with shareholders, it will expedite the pricing of future earnings in current stock prices. In contrast, when equity-compensated managers attempt to temporarily manipulate the stock price to maximize their own benefit rather than that of shareholders, the market may not fully anticipate future performance. We find that a CEO¿s stock-based compensation strengthens the association between current returns and future earnings, indicating that more information about future earnings is reflected in current stock prices. In addition, we find that the positive effect is weaker for firms that have a high level of signed discretionary accruals or a low management forecast frequency. Overall, our study suggests that on average, equity-based compensation improves the informativeness of stock prices about future earnings, while opportunistic discretionary accruals or lowered earnings guidance hamper this improvement.

DOI 10.1080/09638180.2016.1175364
2015 Choi BB, Jung K, Lee D, 'Trading Behavior Prior to Public Release of Analyst Reports: Evidence from Korea', Contemporary Accounting Research, 32 105-138 (2015) [C1]
DOI 10.1111/1911-3846.12090
Citations Scopus - 1
Co-authors Doowon Lee
2014 Choi Bobae, Kang J, Lee D, 'Determinants and market implications of differentiated dividends in Korea', International Journal of Managerial Finance, 10 453-469 (2014) [C1]
DOI 10.1108/IJMF-11-2012-0116
Co-authors Doowon Lee
2013 Choi BB, Lee D, Psaros J, 'An analysis of Australian company carbon emission disclosures', Pacific Accounting Review, 25 58-79 (2013) [C1]
DOI 10.1108/01140581311318968
Co-authors Doowon Lee, Jim Psaros
2013 Choi BB, Lee D, Park Y, 'Corporate Social Responsibility, Corporate Governance and Earnings Quality: Evidence from Korea', CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 21 447-467 (2013) [C1]
DOI 10.1111/corg.12033
Citations Scopus - 15Web of Science - 9
Co-authors Doowon Lee
2010 Sohn W, Choi BB, 'An equity market perspective on the Korean financial crisis', Global Economic Review, 39 83-90 (2010) [C1]
DOI 10.1080/12265081003696403
2008 Choi BB, Jung K, 'Analyst Following, Institutional Investors and Pricing of Future Earnings: Evidence from Korea', Journal of International Financial Management and Accounting, 19 261-286 (2008) [C1]
DOI 10.1111/j.1467-646X.2008.01024.x
Citations Scopus - 1
Show 4 more journal articles

Conference (5 outputs)

Year Citation Altmetrics Link
2015 Seamer MJ, Choi B, Lee D, 'The Relationship Between Corporate Governance and Firm Enterprise Risk Management Practice' (2015) [E3]
Co-authors Michael Seamer, Doowon Lee
2015 Choi B, Melia A, Psaros J, 'Earnings Management, Voluntary Disclosures and the Introduction of An Australian Carbon Trading Scheme' (2015) [E3]
Co-authors Jim Psaros, Adrian Melia
2014 Choi B, Kim JB, 'The Effect of CEO Stock-Based Compensation on Price Informativeness' (2014)
2009 Choi BB, Lee D, Jung K, 'Trading behavior before the public release of analysts' reports', Asian Finance Association 2009 International Conference: Conference Program (2009) [E1]
Co-authors Doowon Lee
2009 Choi BB, Kang J, Lee D, 'Catering incentives and differentiated dividend in Korea', Journal of Corporate Finance Special Conference on Emerging Markets (2009) [E1]
Co-authors Doowon Lee
Show 2 more conferences
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Research Supervision

Number of supervisions

Completed0
Current4

Total current UON EFTSL

PhD1.6

Current Supervision

Commenced Level of Study Research Title / Program / Supervisor Type
2017 PhD Value Relevance of Carbon Management System in Australian Energy Industry
PhD (Accounting & Finance), Faculty of Business and Law, The University of Newcastle
Principal Supervisor
2015 PhD Corporate Governance Practice and Islamic Principles in Saudi Arabia
PhD (Management), Faculty of Business and Law, The University of Newcastle
Co-Supervisor
2015 PhD Capital Structure, Corporate Governance and Firm Performance
PhD (Economics), Faculty of Business and Law, The University of Newcastle
Co-Supervisor
2013 PhD Corporate Governance and Voluntary Corporate Disclosure: An Empirical Investigation of CSR Disclosure in the Singaporean Banking Sector
PhD (Accounting & Finance), Faculty of Business and Law, The University of Newcastle
Co-Supervisor
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Dr Bobae Choi

Position

Senior Lecturer - Accounting
Newcastle Business School
Faculty of Business and Law

Focus area

Accounting and Finance

Contact Details

Email bobae.choi@newcastle.edu.au
Phone (02) 4921 5011
Fax (02) 4921 7398

Office

Room SR226
Building Social Sciences Building
Location Callaghan University Drive Callaghan NSW 2308 Australia
University Drive
Callaghan, NSW 2308
Australia
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