Dr Doowon Lee

Senior Lecturer - Finance

Newcastle Business School (Accounting and Finance)

Career Summary

Biography

Doowon Lee joined the Newcastle Business School in 2009. He has been teaching postgraduate courses such as Corporate Finance and Derivatives and Risk Management. Doowon has taught at Sogang Business School and the Korea Banking Institute prior to his appointment at the Newcastle Business School. His research interest is in market micro-structure and dividend policy. He has strong skills in quantitative methods in finance using programs such as Matlab, SAS, and Visual Basic using Excel, C++, STATA, and E-views. Research Expertise
Market micro-structure, Derivatives & Dividend policy









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

  • Banking
  • Finance
  • Investment
  • Risk Management

Fields of Research

Code Description Percentage
150199 Accounting, Auditing and Accountability not elsewhere classified 25
150202 Financial Econometrics 75

Professional Experience

UON Appointment

Title Organisation / Department
Senior Lecturer - Finance 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For publications that are currently unpublished or in-press, details are shown in italics.


Chapter (1 outputs)

Year Citation Altmetrics Link
2014 Hoong KI, Kang J, Lee Doowon, 'Decomposition of Volatility in Asian Equity Markets', Asian Capital Market Development and Integration: Challenges and Opportunities, Oxford University Press, New Delhi 363-396 (2014) [B1]

Journal article (7 outputs)

Year Citation Altmetrics Link
2016 Elliot B, Docherty P, Easton S, Lee D, 'Profitability and investment-based factor pricing models', Accounting and Finance, (2016)

© 2016 AFAANZ.Ex ante predictors of stock returns must exhibit explanatory power across the feasible set of investments. But empirical results of factor pricing models that incor... [more]

© 2016 AFAANZ.Ex ante predictors of stock returns must exhibit explanatory power across the feasible set of investments. But empirical results of factor pricing models that incorporate firm investment and profitability cannot explain the apparently high returns of US small stocks with very high investment levels and very low profitability. Whilst these stocks comprise only a small fraction of US data sets, this is not the case across global markets. Using a data set that is concentrated with stocks that exhibit high investment despite low profitability, we demonstrate that such factor models are limited in their explanatory power over these stocks. Accounting and Finance

DOI 10.1111/acfi.12217
Co-authors Paul Docherty, Steve Easton
2015 Lee D, HASSAN MK, RAHMAN MA, 'FIRM SPECIFIC VARIATION IN RETURNS AND FUNDAMENTALS IN KOREA STOCK MARKET', Singapore Economic Review, 60 (2015)
DOI 10.1142/S0217590815500927
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 Bobae Choi
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 Bobae Choi
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 Bobae Choi, 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 - 11Web of Science - 5
Co-authors Bobae Choi
2011 Kang J, Lee C, Lee D, 'Equity fund performance persistence with investment style: Evidence from Korea', Emerging Markets Finance and Trade, 47 111-135 (2011) [C1]
DOI 10.2753/REE1540-496X470306
Citations Scopus - 6Web of Science - 4
Show 4 more journal articles

Conference (5 outputs)

Year Citation Altmetrics Link
2015 Lee D, Shamsuddin A, 'Time-varying Return Predictability in South Asian Markets' (2015)
Co-authors Abul Shamsuddin
2015 Seamer MJ, Choi B, Lee D, 'The Relationship Between Corporate Governance and Firm Enterprise Risk Management Practice' (2015) [E3]
Co-authors Bobae Choi, Michael Seamer
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 Bobae Choi
2009 Kang J, Lee C, Lee D, 'Equity fund style and performance persistence in an emerging market: Evidence from Korea', Asian Finance Association 2009 International Conference: Conference Program (2009) [E1]
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 Bobae Choi
Show 2 more conferences
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Grants and Funding

Summary

Number of grants 3
Total funding $13,793

Click on a grant title below to expand the full details for that specific grant.


20161 grants / $4,000

The impact of institutional ownership on executive compensation: Australian evidence$4,000

Funding body: Accounting & Finance Association of Australia and New Zealand Ltd

Funding body Accounting & Finance Association of Australia and New Zealand Ltd
Project Team Doctor Bobae Choi, Doctor Doowon Lee
Scheme Research Grant
Role Investigator
Funding Start 2016
Funding Finish 2016
GNo G1601093
Type Of Funding Grant - Aust Non Government
Category 3AFG
UON Y

20102 grants / $9,793

Investor trading activity within the index futures and options market$5,000

Funding body: University of Newcastle

Funding body University of Newcastle
Project Team Doctor Doowon Lee
Scheme New Staff Grant
Role Lead
Funding Start 2010
Funding Finish 2010
GNo G1000621
Type Of Funding Internal
Category INTE
UON Y

An Assessment of the Quality and Market Implications of Carbon Emission Disclosure by Australian Listed Public Companies$4,793

Funding body: Accounting & Finance Association of Australia and New Zealand Ltd

Funding body Accounting & Finance Association of Australia and New Zealand Ltd
Project Team Doctor Bobae Choi, Doctor Doowon Lee, Professor Jim Psaros
Scheme Research Grant
Role Investigator
Funding Start 2010
Funding Finish 2010
GNo G1000971
Type Of Funding Grant - Aust Non Government
Category 3AFG
UON Y
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Research Supervision

Number of supervisions

Completed1
Current4

Total current UON EFTSL

PhD1.66

Current Supervision

Commenced Level of Study Research Title / Program / Supervisor Type
2016 PhD Jumps, Information Shocks, Liquidity Shocks and Foreign Exchange Dealers
PhD (Accounting & Finance), Faculty of Business and Law, The University of Newcastle
Principal Supervisor
2014 PhD Liquidity and Systematic Risk in the US Loan Market
PhD (Accounting & Finance), Faculty of Business and Law, The University of Newcastle
Co-Supervisor
2013 PhD The Q-Factor Model of Asset Pricing - Australian Evidence
PhD (Accounting & Finance), Faculty of Business and Law, The University of Newcastle
Co-Supervisor
2013 PhD Return Predictability in South Asian Stock Markets
PhD (Accounting & Finance), Faculty of Business and Law, The University of Newcastle
Co-Supervisor

Past Supervision

Year Level of Study Research Title / Program / Supervisor Type
2015 PhD Determinants of Dividend Policy - International Evidence: 1990 to 2010
PhD (Accounting & Finance), Faculty of Business and Law, The University of Newcastle
Co-Supervisor
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Dr Doowon Lee

Position

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

Focus area

Accounting and Finance

Contact Details

Email doowon.lee@newcastle.edu.au
Phone (02) 4921 8620

Office

Room SR273
Building SRS
Location Callaghan
University Drive
Callaghan, NSW 2308
Australia
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