Dr Bobae Choi
Senior Lecturer - Accounting
Newcastle Business School (Accounting and Finance)
- Email:bobae.choi@newcastle.edu.au
- Phone:(02) 4921 5011
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 A/A* journals including Contemporary Accounting Research, European Accounting Review and Corporate Governance: An International Review. She also has served as an academic reviewer for multiple A/A* journals including Journal of Business Ethics, European Accounting Review, 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 ExpertiseFinancial 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 research institutions in the US and South 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
- CSR
- 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 |
Publications
For publications that are currently unpublished or in-press, details are shown in italics.
Journal article (7 outputs)
| Year | Citation | Altmetrics | Link | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017 |
Choi B, Kim JB, 'The Effect of CEO Stock-Based Compensation on the Pricing of Future Earnings', European Accounting Review, 26 651-679 (2017) [C1] © 2016 European Accounting Association. This 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 Association. This 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.
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| 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]
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| 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]
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| 2013 |
Choi BB, Lee D, Psaros J, 'An analysis of Australian company carbon emission disclosures', Pacific Accounting Review, 25 58-79 (2013) [C1]
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| 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]
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| 2010 |
Sohn W, Choi BB, 'An equity market perspective on the Korean financial crisis', Global Economic Review, 39 83-90 (2010) [C1]
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Conference (6 outputs)
| Year | Citation | Altmetrics | Link | ||
|---|---|---|---|---|---|
| 2017 |
Choi B, Luo L, 'Does the Market Value Greenhouse Gas Emissions? Evidence from Multicountry Firm Data', The 2017 annual symposium of The International Journal of Accounting in Limassol, Cyprus, Limassol, Cyprus (2017)
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| 2015 |
Seamer MJ, Choi B, Lee D, 'The Relationship Between Corporate Governance and Firm Enterprise Risk Management Practice', Glasgow, Scotland (2015) [E3]
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| 2015 |
Choi B, Melia A, Psaros J, 'Earnings Management, Voluntary Disclosures and the Introduction of An Australian Carbon Trading Scheme', Glasgow (2015) [E3]
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| 2009 |
Choi BB, Lee D, Jung K, 'Trading behavior before the public release of analysts' reports', Asian Finance Association 2009 International Conference: Conference Program, Brisbane, QLD (2009) [E1]
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| 2009 |
Choi BB, Kang J, Lee D, 'Catering incentives and differentiated dividend in Korea', Journal of Corporate Finance Special Conference on Emerging Markets, Beijing, China (2009) [E1]
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Grants and Funding
Summary
| Number of grants | 6 |
|---|---|
| Total funding | $193,767 |
Click on a grant title below to expand the full details for that specific grant.
20162 grants / $24,000
Market Efficiency and Corporate Governance Studies$20,000
Funding body: Faculty of Business and Law, The University of Newcastle
| Funding body | Faculty of Business and Law, The University of Newcastle |
|---|---|
| Scheme | Priority Initiative Research Funding |
| Role | Investigator |
| Funding Start | 2016 |
| Funding Finish | 2016 |
| GNo | |
| Type Of Funding | Internal |
| Category | INTE |
| UON | N |
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 | Lead |
| Funding Start | 2016 |
| Funding Finish | 2016 |
| GNo | G1601093 |
| Type Of Funding | C3111 - Aust For profit |
| Category | 3111 |
| UON | Y |
20131 grants / $150,000
The Centre for Market Efficiency and Corporate Governance Studies$150,000
Funding body: Faculty of Business and Law, University of Newcastle
| Funding body | Faculty of Business and Law, University of Newcastle |
|---|---|
| Scheme | Priority Research Initiatives |
| Role | Investigator |
| Funding Start | 2013 |
| Funding Finish | 2015 |
| GNo | |
| Type Of Funding | Internal |
| Category | INTE |
| UON | N |
20111 grants / $9,974
Coming to Newcastle: Ensuring a Smooth Transition for International Students in Articulation Programs$9,974
Funding body: Centre for TEaching and Learning Newcastle University
| Funding body | Centre for TEaching and Learning Newcastle University |
|---|---|
| Scheme | University Teaching and Learning Project Grant |
| Role | Investigator |
| Funding Start | 2011 |
| Funding Finish | 2011 |
| GNo | |
| Type Of Funding | Internal |
| Category | INTE |
| UON | N |
20101 grants / $4,793
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, Emeritus Professor Jim Psaros |
| Scheme | Research Grant |
| Role | Lead |
| Funding Start | 2010 |
| Funding Finish | 2010 |
| GNo | G1000971 |
| Type Of Funding | Grant - Aust Non Government |
| Category | 3AFG |
| UON | Y |
20091 grants / $5,000
A Compilation and Assessment of the Carbon Emission Disclosures of Australian Listed Public Companies$5,000
Funding body: University of Newcastle
| Funding body | University of Newcastle |
|---|---|
| Project Team | Doctor Bobae Choi |
| Scheme | New Staff Grant |
| Role | Lead |
| Funding Start | 2009 |
| Funding Finish | 2009 |
| GNo | G0190606 |
| Type Of Funding | Internal |
| Category | INTE |
| UON | Y |
Research Supervision
Number of supervisions
Total current UON EFTSL
Current Supervision
| Commenced | Level of Study | Research Title | Program | Supervisor Type |
|---|---|---|---|---|
| 2017 | PhD | Carbon Management System and Firm Economic Performance | PhD (Accounting & Finance), Faculty of Business and Law, The University of Newcastle | Principal Supervisor |
| 2017 | Masters | Firm's Life Cycle and the Shareholders' Expectation: An Accounting and Economic Profit Perspective. | M Philosophy (Accnt & Finance), Faculty of Business and Law, The University of Newcastle | Co-Supervisor |
| 2017 | PhD | The Value Relevance of R&D Expenditure Before and After IFRS: Evidence From Australia | 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 |
Dr Bobae Choi
Position
Senior Lecturer - Accounting
Newcastle Business School
Faculty of Business and Law
Focus area
Accounting and Finance
Contact Details
| bobae.choi@newcastle.edu.au | |
| Phone | (02) 4921 5011 |
| Fax | (02) 4921 7398 |
Office
| Room | X-650 |
|---|---|
| Building | NeW Space |
| Location | City Campus , |
Connect with me
