
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
Bobae is a senior lecturer in 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 papers have been published in high quality A/A* journals including Contemporary Accounting Research, European Accounting Review and British Accounting 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, Journal of Business, Finance & Accounting, Economic Modelling and Journal of Business Research.
Since she joined the University of Newcastle in 2009, Bobae has been teaching intermediate financial accounting, introductory accounting and financial statement analysis courses at both undergraduate and postgraduate levels.
Research ExpertiseFinancial reporting, Earnings Management, CEO compensation, Corporate governance & Corporate Social Responsibility.
Collaborations
Bobae has been involved in a number of collaborative research projects and successfully received several research grants. She has been working with academics within and outside Australia from various leading research institutions in the US, Singapore 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)
- English (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 |
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Senior Lecturer - Accounting | University of Newcastle Newcastle Business School Australia |
Professional appointment
Dates | Title | Organisation / Department |
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23/9/2019 - | Director, Post Graduate Studies | Faculty of Business and Law University of Newcastle Australia |
22/1/2017 - 18/2/2018 | Assistant Program Convenor, Bachelor of Commerce | Faculty of Business and law, The University of Newcastle Australia |
19/1/2018 - | Program Convenor, Bachelor of Commerce | Faculty of Business and law, The University of Newcastle Australia |
Awards
Professional
Year | Award |
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2018 |
Faculty Excellence in Teaching Award Faculty of Business & Law, The University of Newcastle |
Publications
For publications that are currently unpublished or in-press, details are shown in italics.
Journal article (13 outputs)
Year | Citation | Altmetrics | Link | ||||||||
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2020 |
Lee D, Choi B, 'Policies and innovations to battle Covid-19 A case study of South Korea', Health Policy and Technology, 9 587-597 (2020) [C1] © 2020 Objectives: To describe how health care crisis resulting from the COVID-19 pandemic in South Korea has led to innovation and changes to government policy. This paper presen... [more] © 2020 Objectives: To describe how health care crisis resulting from the COVID-19 pandemic in South Korea has led to innovation and changes to government policy. This paper presents the significant cluster events, relevant developments of innovation, and economical impact in Korea that could inform policy makers on how to respond to health crises in the future. Methods: Health care, economy, epidemiological data are collected from various sources including the Korea Centers for Disease Control and Prevention (KCDC) or other government sources. Results: The KCDC jointly with medical professionals developed a series of innovations such as 1) Full contact tracing and rapid testing with a 12 h turnaround and 10 min movement tracking systems, 2) transparent disclosure of all contract tracing data to the public through a central database, 3) Drive-Through and Walk-Through testing methods, and 4) a 4 tier patient severity index and community treatment isolation centers. Korea moved from the 4th in the world for total confirmed cases in March down to 76th in August. Conclusions: Expedited enforcement of amended legislation acts to protect the healthcare workforce resulted in only 10 healthcare professionals contracting the virus while caring for Covid-19 patients. This has resulted in minimal human capital loss and the government was able to re-direct existing medical workforce to areas in need. The quarantine strategies implemented resulted in little need to lock down the whole economy but also limited the cost spent to gain a year of life to 193,848 Won (US$163).
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2020 |
Choi B, Luo L, Shrestha P, 'The value relevance of carbon emissions information from Australian-listed companies', AUSTRALIAN JOURNAL OF MANAGEMENT, (2020)
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2020 |
Nguyen VH, Choi B, Agbola FW, 'Corporate social responsibility and debt maturity: Australian evidence', Pacific Basin Finance Journal, 62 1-14 (2020) [C1]
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2020 |
Choi BB, Luo L, 'Does the market value greenhouse gas emissions? Evidence from multi-country firm data', The British Accounting Review, (2020)
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2019 |
Nguyen VH, Agbola FW, Choi B, 'Does corporate social responsibility reduce information asymmetry? Empirical evidence from Australia', AUSTRALIAN JOURNAL OF MANAGEMENT, 44 188-211 (2019) [C1]
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2018 |
Choi B, Lee D, Seamer M, 'Australian Enterprise Risk Management Practices and Corporate Governance', Company and Securities Law Journal, 36 404-433 (2018) [C1]
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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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Show 10 more journal articles |
Conference (5 outputs)
Year | Citation | Altmetrics | Link | ||
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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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2014 | Choi B, Kim JB, 'The Effect of CEO Stock-Based Compensation on Price Informativeness', Bali, Indonesia (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, 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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Show 2 more conferences |
Grants and Funding
Summary
Number of grants | 8 |
---|---|
Total funding | $224,767 |
Click on a grant title below to expand the full details for that specific grant.
20182 grants / $31,000
Calibrating a local volatility surface and pricing exotic options$15,500
Funding body: Stage Inc
Funding body | Stage Inc |
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Project Team | Doctor Bobae Choi, Associate Professor Doowon Lee |
Scheme | Research Grant |
Role | Lead |
Funding Start | 2018 |
Funding Finish | 2018 |
GNo | G1800887 |
Type Of Funding | C3211 - International For profit |
Category | 3211 |
UON | Y |
Matched Industry Project Funding$15,500
Matched Industry Project funding has been approved for the following project.
Stage Limited – Financial Prediction Software Proofing
Funding body: Faculty of Business and Law - Industry Matching Grant
Funding body | Faculty of Business and Law - Industry Matching Grant |
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Project Team | Doowon Lee and Bobae Choi |
Scheme | Faculty Matching Grant Scheme |
Role | Investigator |
Funding Start | 2018 |
Funding Finish | 2018 |
GNo | |
Type Of Funding | Internal |
Category | INTE |
UON | N |
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 |
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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 |
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Project Team | Doctor Bobae Choi, Associate Professor Doowon Lee |
Scheme | Small Research Consultancy |
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 |
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Project Team | Doctor Bobae Choi, Associate Professor Doowon Lee, Emeritus Professor Jim Psaros |
Scheme | Small Research Consultancy |
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 |
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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
Past Supervision
Year | Level of Study | Research Title | Program | Supervisor Type |
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2017 | Honours | The Value Relevance of R&D Expenditure before and after IFRS: Evidence from Australia | Accounting, University of Newcastle | Principal Supervisor |
2016 | Honours | Value Relevance of Carbon Emission Information in Australian Listed Companies | Accounting, University of Newcastle | Principal Supervisor |
2015 | Professional Doctorate | The Effectiveness of Independent Non-Executive Directors in Hong Kong Listed Companies | Bankng,Finance & Relatd Fields, Newcastle Business School | University of Newcastle | Australia | Co-Supervisor |
2015 | Professional Doctorate | An Analysis of the Effect of Mandatory Adoption of Hong Kong Accounting Standards/Hong Kong Financial Reporting Standards on Earnings Management | Accounting, University of Newcastle | Principal Supervisor |
Research Collaborations
The map is a representation of a researchers co-authorship with collaborators across the globe. The map displays the number of publications against a country, where there is at least one co-author based in that country. Data is sourced from the University of Newcastle research publication management system (NURO) and may not fully represent the authors complete body of work.
Country | Count of Publications | |
---|---|---|
Australia | 12 | |
Korea, Republic of | 5 | |
Singapore | 1 | |
Viet Nam | 1 |
News
Female researchers sponsored in academic journey
November 22, 2018
Dr Bobae Choi
Positions
Senior Lecturer - Accounting
Newcastle Business School
Faculty of Business and Law
Casual Academic
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 |
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Building | NeW Space |
Location | City Campus , |