Jenny Jung-Wha Lee

Professor

Auditing, Corporate Governance, and Financial Reporting

Jung Wha (Jenny) Lee is a professor of accounting in the Costello College of Business at George Mason University Korea. She teaches various courses, including Business Analytics, Financial Accounting and Management Accounting, at the undergraduate. Her primary research interests are auditing, corporate governance, financial reporting, and intangible assets. She has published numerous articles in academic journals and received several teaching awards. She was previously a faculty member and the Master of Accounting Convenor in the Research School of Accounting at the Australian National University.

Selected Publications

Most recent publications:

"Family Firms and Audit Effort: An Empirical Examination of Audit Hours Per Auditor Rank", 2025, International Journal of Auditing, Forthcoming. https://onlinelibrary.wiley.com/doi/10.1111/ijau.70011, (SSCI)

"Does financial statement comparability reduce differences in sentiment induced investor trading behaviours?", 2025, ABACUS (A Journal of Accounting, Finance and Business Studies), https://onlinelibrary.wiley.com/doi/10.1111/abac.12371. (SSCI)

"Is communication between the auditor and audit committee associated with stock price crash risk?", International Journal of Auditing, Vol 29, Issue 3, July 2025. pp.327-347. https://onlinelibrary.wiley.com/doi/full/10.1111/ijau.12372. (SSCI)

"Female directors and cash holdings adjustment: Evidence from South Korea", Accounting and Finance, Vol 64, Issue 4, December 2024. pp. 4217-4249. https://doi.org/10.1111/a cfi.13303. (SSCI)

"Audit committee personnel training and stock price crash risk", Finance Research Letters, Vol 67, Part A. September 2024. https://doi.org/10.1016/j.frl.2024.105798. (SSCI)

"Labor unions, pay disparity and financial statement comparability", International Journal of Managerial Finance, Vol 20. No. 4. pp. 1094-1118. July 2024. https://doi.org/10.1108/IJMF-06-2023-0294. (SCOPUS)

"Economic policy uncertainty and managerial short-termism", International Review of Financial Analysis, Vol 93, May 2024. https://doi.org/10.1016/j.irfa.2024.103216. (SSCI)

"Effect of human resource investments in internal controls on goodwill impairment", Pacific Accounting Review, Vol. 36, No.1. pp. 39-59. April 2024. https://doi.org/10.1108/PAR-01-2023-0013. (SCOPUS)

"Financial statement comparability and goodwill impairments: Evidence from South Korea", International Journal of Banking, Accounting and Finance, Vol 14, Issue 1, pp. 113-150. March 2024. http://doi.org/10.1504/IJBAAF.2024.137119. (SCOPUS)

"Corporate social responsibility and labor cost stickiness: a focus on gender", Applied Economics Letters, Vol 31, Issue 21. pp. 2307-2311. 2023. https://doi.org/10.1080/13504851.2023.2227410. (SSCI)

"Impact of IFRS adoption on audit pricing: evidence from audit hours and unit audit price in the Korean audit market", Accounting and Finance. Vol 61. Issue 2. 3517-3564. June 2021. https://doi.org/10.1111/acfi.12711. (SSCI)

Grants and Fellowships

Best Paper Award, Auditing Stream for Jo, E., Kim, M. and Lee, J.W., “Audit Partner Effort and Misvaluation of Fair-Value Estimates”, Accounting and Finance Association of Australia and New Zealand (AFAANZ) Annual Conference, July 2024.

Faculty Research and Development Award, George Mason University Korea, 2025.

Faculty Research and Development Award, George Mason University Korea, 2024.

Faculty Research and Development Award, George Mason University Korea, 2023.

Courses Taught

ACCT 203: Survey of Accounting

ACCT 303: Accounting for Decision Making

ACCT 330: Financial Accounting I

ACCT 331: Intermediate Accounting I

BUS 210: Business Analytics I

Recent Presentations

"War-Experienced CEO and Employment Stickiness," paper presented at the Accounting & Finance Association of Australia and New Zealand (AFAANZ) Annual Meeting (Brisbane, Australia, July 2025).

"Does audit committee upskilling increase audit effort?," paper presented at the Accounting & Finance Association of Australia and New Zealand (AFAANZ) Annual Meeting (Brisbane, Australia, July 2025).

"Audit Under Pressure: Pandemic-Induced Shifts in Team Dynamics and Resource Allocation," paper presented at the Accounting & Finance Association of Australia and New Zealand (AFAANZ) Annual Meeting (Brisbane, Australia, July 2025).

"Investing the influence of auditor characteristics on audit budget ratcheting," paper presented at the Accounting & Finance Association of Australia and New Zealand (AFAANZ) Annual Meeting (Brisbane, Australia, July 2025).

"Audit Under Pressure: Pandemic-Induced Shifts in Team Dynamics and Resource Allocation," paper presented at the International Symposium on Audit Research Annual meeting (Singapore, June 2025).

"Audit Partner Effort and Misvaluation of Fair-Value Estimates," paper presented at the Accounting & Finance Association of Australia and New Zealand (AFAANZ) Annual Meeting (Auckland, New Zealand, July 2024).

"The determinants of communication between the auditor and audit committee and its consequences for audit effort," paper presented at the Accounting & Finance Association of Australia and New Zealand (AFAANZ) Annual Meeting (Auckland, New Zealand, July 2024)

"Audit Partner Effort and Misvalaution of Fair-Value Estimates," paper presented at the American Accounting Association (AAA) Midyear Meeting (New Orleans, United States, Jan 2024).

"Economic policy uncertainty and managerial termism," paper presented at 32nd Asian-Pacific Conference on International Accounting Issues (Gold Coast, Australia, Oct 2023).

"Fair-value measurement and audit effort: Focus on sentiment," paper accepted at The Accounting & Finance Association of Australia and New Zealand (AFAANZ) Annual Meeting (Gold Coast, Australia, July 2023).

"Do auditor communications with audit committees help reduce stock price crash risk?", paper presented at The Accounting & Finance Association of Australia and New Zealand (AFAANZ) Annual Meeting (Gold Coast, Australia, July 2023).

"Fair value measurements and audit efforts," paper presented at the International Association for Accounting Education & Research (IAAER) World Congress 2022 (Paris, France, Dec 2022).

In the Media

"AI가 회계사 대체한다고?...오히려 귀한몸 된다.", 매일경제 2020년 9월 24일