Daewoung (Joey) Choi

Dr. Daewoung (Joey) Choi is an Assistant Professor of Finance at the University of Washington Bothell School of Business. He holds a Ph.D. in Finance, an M.S. in Applied Statistics and an M.S. in Finance from the University of Alabama.

Dr. Choi’s research focuses on empirical corporate finance, particularly corporate governance, executive compensation, ESG (environmental, social, and governance) issues, and CSR (corporate social responsibility). His work has been published in prominent academic journals such as the Journal of Financial and Quantitative Analysis, Journal of Business Ethics, Journal of Business Finance & Accounting, and British Accounting Review. His research has been presented at major international conferences, including the American Finance Association, European Finance Association, Swiss Society for Financial Market Research, and the China International Conference in Finance. Dr. Choi’s research has received numerous accolades, including best paper awards from the Eastern Finance Association, the British Accounting Review Special Issue Conference, and the Joint Conference with the Allied Korea Finance Associations.

At UW Bothell, Dr. Choi teaches courses in Business Finance and Investments, drawing on his extensive teaching experience at Louisiana State University Shreveport, where he was recognized with the Educator Impact Award. Beyond academia, Dr. Choi actively contributes to the professional community as the Secretary General of the Korea America Finance Association for the 2024–2027 term. His professional service includes leadership roles at conferences, journal reviews, and judging academic competitions such as the Boeing UW Innovation Challenge.

Dr. Choi’s teaching philosophy integrates his deep research expertise with practical financial applications, preparing students to excel in complex and evolving financial landscapes.

Education

Ph.D. in Finance
University of Alabama/Culverhouse College of Business, 2017

M.S. in Applied Statistics
University of Alabama/Culverhouse College of Business, 2017

M.S. in Finance
University of Alabama/Culverhouse College of Business, 2012

Courses

BBUS 350 Business Finance – Undergraduate
BBUS 454 Investments – Undergraduate

Research and Scholarship Interests

Empirical corporate finance, corporate governance, executive compensation, ESG (environmental, social, and governance) issues, and CSR (corporate social responsibility).

University of Washington Bothell School of Business
Assistant Professor – Finance, 2023 to Present

Louisiana State University College of Business
Associate Professor – Finance, 2017 to 2023
Associate Professor – Investments, 2019 to 2023
Associate Professor – Economics, 2018

University of Alabama
Associate Professor – Finance, 2015 to 2017

International Affairs Office, Jeonbuk National University
Staff Member – International Affairs, 2008 to 2009

Jeonju District Court
Service Personnel – Public Interest, 2002 to 2005

Choi, D., Cook, D., Hong, J., & Via, T. (2026). “Analyst Effects on Intangible Investment: Evidence from Corporate Political Investments.” Review of Quantitative Finance and Accounting.
Choi, D., Gam, Y., Kim, Y., & Shin, H. (2026). “Does More Public Information Always Improve Price Efficiency? Evidence from the EDGAR Adoption.” International Review of Economics and Finance.
Choi, D., Gam, Y., & Shin, H. (2024). “The Effect of ESG-Motivated Turnover on Firm Financial Risk” British Accounting Review, Vol. 57.
Cho, C., Choi, D., & Mooney, T. (2024). “Marital Status and the ‘S’ in ESG Management.” Applied Economic Letters, Vol. 33, 1-7.
Lee, J. H., Choi, D., Choi, H., & Han, S.H. (2024). “Corporate Bond Market Reaction to the Mandatory ESG Disclosure Act: Is Sustainium Sustainable?” Asia-Pacific Journal of Financial Studies.
Choi, D., Lee, J., & Yi, H. (2023). “Managerial Risk-Taking Incentives and Debt Diversity: Evidence from FAS 123R.” Finance Research Letters.
Choi, D., Shin, H., & Kim, K. (2023). “CEO’s Childhood Experience of Natural Disaster and CSR Activities.” Journal of Business Ethics.
Lee, S. H., Choi, D., & Han, S. H. (2023). “Corporate Cash Holdings in Response to Climate Risk and Policies.” Finance Research Letters.
Choi, D., Gam, Y., & Shin, H. (2023). “Environmental Reputation and Bank Liquidity: Evidence from Climate Transition.” Journal of Business Finance and Accounting.
Cho, C., Mooney, T., Choi, D., & Via, T. M. (2023). “Do Married CEOs Foster More Efficient Innovation?” Review of Financial Economics.
Choi, D., Cicero, D., & Mobbs, S. (2022). “CEO Marketability, Employment Opportunities, and Compensation: Evidence from Compensation Peer Citations.” Journal of Financial and Quantitative Analysis.
Choi, D., Choi, S., Gam, Y., & Shin, H. (2022). “R&D Investment Decisions in Business Groups: Evidence from a Natural Experiment.” Corporate Governance: An International Review.
Choi, D., Gam, Y., & Shin, H. (2020). “Corporate Fraud under Pyramidal Ownership Structure: Evidence from a Regulatory Reform.” Emerging Markets Review.

Outstanding Paper Award – Joint Conference with Allied Korea Finance Associations – 2024
Best Paper Award – BAR Special Issue Conference (British Accounting Review) – 2023
Best Paper Award – Joint Conference with Allied Korea Finance Associations – 2022
Educator Impact Award – Louisiana State University Shreveport – 2019
Best Paper Award in Corporate Finance – Eastern Finance Association – 2017
Best Paper Award Korean Association of Business Education (KABE) – 2016

Travel Grant Awards – KAFA-KIF-KAEA Symposium – 2022, 2024
Travel Grant Awards – KAFA-KFAs Joint Conference – 2018, 2019, 2022
Summer Excellence in Research Grant – University of Alabama – 2016
LSUS Faculty Research and Development Grant – Louisiana State University Shreveport – 2017 to 2022
Shinhan Bank & KAFA Scholarship – KAFA – 2016
Yung-Ho Shin Fellowship – University of Alabama – 2011 to 2016
Graduate Assistantship – University of Alabama – 2013 to 2016
Graduate Council Fellowship – University of Alabama – 2012 to 2013

Editorial Boards

Program Committee Member, 2017 to 2026
American Marketing Association (AMA)
Program Committee Member, 2017 to 2026
Financial Management Association (FMA) Conferences
Program Committee Member, 2017 to 2026
Southern Finance Association (SFA)
Program Committee Member, 2017 to 2026
Asian Finance Association (AsianFA)
Program Committee Member, 2017 to 2026
FMA Asia/Pacific, FMA Global, FMA Annual, FMA European

Board Membership

Secretary General, 2024 to 2027
Korea America Finance Association (KAFA)
Executive Board Member, 2021 to 2023
Korea America Finance Association (KAFA)

Editorial Role for the Academy of Management Conference

Track Chair, 2024 to 2026
SEDSI (Accounting, Economics, Finance Track)

Korea America Finance Association (KAFA), Financial Management Association (FMA), American Marketing Association (AMA), Southern Finance Association (SFA), Eastern Finance Association (EFA).