신재용

Management Accounting 교수


교수 소개

Jae Yong Shin is currently a Samil PWC Professor of Accounting at Seoul National University. Prior to returning to his alma mater in 2010, he was an assistant professor of accounting at the University of Illinois at Urbana-Champaign for 4 years. He received his undergraduate and MS degree in business administration at Seoul National University, Korea and received his PhD in accounting from University of Wisconsin-Madison in 2006.
Prof. Shin’s research broadly focuses on incentives in organizations: how various incentives influence individuals’ behavior and performance, how organizations design contracts and tasks to deal with incentive problems, and ultimately how the individual incentives and contracts determine the way organizations behave and perform. He is particularly interested in the role of performance targets in the design of compensation contracts for corporate executives and lower level employees.
His articles have appeared in prestigious journals in accounting and management such as The Accounting Review, Contemporary Accounting Research, Industrial and Labor Relations Review, the Journal of Management, the Journal of Management Accounting Research, and the Journal of Business Ethics. His 2006 article published in The Accounting Review won the Notable Contributions to Management Accounting Literature Award by the American Accounting Association in 2010. He was the editorial board member and now serves as an editor at Journal of Management Accounting Research. He also sits on the editorial board member of Management Accounting Research.

경력사항

[EDUCATION]

School of Business, University of Wisconsin-Madison, Madison, WI 2001-2006
Ph.D. in Accounting and Information Systems

Korea Information Society Development Institute (KISDI), Korea 1996-2001
Senior Researcher, Management Consulting Division

College of Business Administration, Seoul National University, Seoul, Korea 1994-1996
Master of Business Administration, Accounting Major

College of Business Administration, Seoul National University, Seoul, Korea 1990-1994
Bachelor of Business Administration


 

[ACADEMIC EXPERIENCE]

Seoul National University, Associate Professor of Accounting
August 2010-Present
Course taught: Undergraduate and Graduate-level Managerial Accounting. (the most recent average instructor rating: 4.6 where 5= highest and 1=lowest)
Ph.D. Seminar in Management Accounting Research

University of Illinois at Urbana-Champaign, Assistant Professor of Accounting
June 2006-August 2010
Course taught: Decision Making for Accountancy (Intermediate Managerial Accounting), Spring 2007, Fall 2007, Fall 2008, Fall 2009 (the most recent average instructor rating: 4.5 where 5= highest and 1=lowest)

University of Wisconsin-Madison, Research Assistant for Prof. Ella Mae Matsumura
Fall 2001, Spring 2002, Summer 2003, Fall 2003, Spring 2004, Summer 2004, Spring 2005,
Summer 2005, Fall 2005

University of Wisconsin-Madison, Instructor, Undergraduate Program
Course taught: Accounting Principles (Course Coordinator), Fall 2004
Introductory Managerial Accounting, Spring 2006, Spring 2003, Fall 2002, Summer 2002


 

[EDITORIAL SERVICE]

Editorial board: Journal of Management Accounting Research (January 2013- ) 회계저널

Ad hoc reviewer: The Accounting Review
Journal of Management Accounting Research
Corporate Governance: An International Review
Journal of Business Ethics
AAA Management Accounting Section Research Conferences
AAA Annual Meetings
회계학연구, 회계저널, 관리회계연구

Discussant: AAA Management Accounting Section Research Conference, 2007, 2008, 2009, 2012, 2013
AAA Annual Meeting, 2008, 2009, 2011

Session chair: AAA Management Accounting Section Research Conference, 2009

Selection committee member for the 2011 Notable Contributions to Management Accounting Literature Award of American Accounting Association


 

[UNIVERSITY SERVICE]

Research grant proposal reviewer: University of Illinois Campus Research Board, 2008, 2009
Grader: University of Illinois Accountancy Department Core Ph.D. Exam, 2008
서울대학교 경영대학 공기업 고급경영자과정 부주임교수, 2013-2014


 

[HONORS AND AWARDS]

한국회계학회-삼일회계법인 저명교수 (연구분야) 2014-2017
2012년도 서울대학교 경영대학 우수강의상
2013년도 하계 한국관리회계학회 리서치 워크샵 강연자
Invited Resident Faculty for the Doctoral Colloquium of the 2012 AAA Management Accounting Section Research Conference in Houston, TX
2011년 하계 한국회계학회 Doctoral Consortium 관리회계분야 강연자
Notable Contributions to Management Accounting Literature Award, American Accounting Association, 2010
Best Conference Paper at the 2010 AAA Management Accounting Section Research Conference in Seattle for the paper, “Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts”
List of Teachers Ranked as Excellent By Their Students, 2009
Deloitte /FSA Faculty Consortium, 2009
KPMG Mid-West Faculty Consortium, 2007
AAA New Faculty Consortium Fellow, 2007
Invited Attendee at the 2005 Information, Markets, and Organizations Conference at Harvard Business School
AAA Deloitte-J. Michael Cook Doctoral Consortium Fellow, 2005
AAA Management Accounting Section Doctoral Consortium, 2004, 2005, 2006
Department of Accounting Summer Research Scholarship, University of Wisconsin-Madison, 2003, 2004, 2005
University of Wisconsin-Madison Vilas Fellowship, 2004
Big 10+ Doctoral Consortium, 2002
Fulbright Graduate Study Fellowship, 2001-2003
Notable Contribution Award, Ministry of Information and Communication, Korea, 2001
Best Researcher of the Year Award, Korea Information Strategy Development Institute, 1997
AMP (Advanced Management Program) Scholarship, Seoul National University, 1995
Graduated with honors, College of Business Administration, Seoul National University, 1994


 

[PROFESSIONAL EXPERIENCE]

American Accounting Association
Korean Accounting Association

학술활동

[RESEARCH]

    Published Academic Papers(In English)

  1. Shin, J.Y., J.Hyun, S. Oh, and H. Yang. 2018. The Effects of Politically Connected Outside Directors on Firm Performance: Evidence from Korean Chaebol Firms. Corporate Governance: An International Review 26: 23-44.
  2. Kim, S. and J.Y. Shin. 2017. Executive Bonus Target Ratcheting: Evidence from the new executive compensation disclosure rules. Contemporary Accounting Research 34: 1843-1879.
  3. Chen, C.X., E.M. Matsumura, J.Y. Shin, S.Y. Wu. 2015. The Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Executive Annual Bonus Contracts.The Accounting Review 90:229-263.
  4. Shin, J.Y., S. Kang, J. Hyun, and B. Kim. 2015. Determinants and Performance Effects of Executive Pay Multiples: Evidence from Korea. Industrial and Labor Relations Review 68:53-78.
  5. Hyun, J., B. Kim, S. Kwon, and J.Y. Shin. 2014. The Effects of Corporate Governance, Competition, and Political Costs on Strategic Executive Pay Disclosure: Evidence from Korea. Journal of Management Accounting Research 26:195-220.
  6. Matsumura, E.M. and J. Y. Shin. 2013. Relative Performance Evaluation: A Review of Managerial Accounting Research.The Journal of Management Accounting, Japan, Supplement 2.
  7. Shin, J.Y., and J. Seo. 2011. “Less Pay and More Sensitivity? Institutional Investor Heterogeneity and CEO Pay.” Journal of Management 37:1719-1746.
  8. Shin, J.Y. 2011. Institutional Investment Horizons and CEO Compensation. Seoul Journal of Business 17:93-135.
  9. Gong, G., L. Li, and J.Y. Shin. 2011. Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts. The Accounting Review 86:1007-1043.
    - This paper won the Best Conference Paper Award at the 2010 AAA Management Accounting Section Research Conference in Seattle
    - Featured in the Harvard Law School Forum on Corporate Governance and Financial Regulation
  10. Bol, J., T. Keune, E.M. Matsumura, and J.Y. Shin. 2010. Supervisor Discretion in Target Setting: An Empirical Investigation. The Accounting Review 85:1861-1886.
  11. Shin, J.Y. 2009. Stock-Based versus Cash Compensation: Does the Correlation between Earnings and Stock Returns Matter?” Seoul Journal of Business 15:121-163.
  12. Matsumura, E.M., J.Y. Shin, and S. Wu. 2009. The Effect of Missing Quarterly Earnings Benchmarks on Chief Financial Officer Turnover and Annual Bonus. The Open Ethics Journal 3:57-66.
  13. Matsumura, E.M., and J.Y. Shin. 2006. An Empirical Analysis of an Incentive Plan with Relative Performance Measures: Evidence from a Postal Service. The Accounting Review 81: 533-566.
    - This paper won the Notable Contributions to Management Accounting Literature Award from the American Accounting Association, 2010
  14. Matsumura, E.M., and J.Y. Shin. 2005. Corporate Governance Reform and CEO Compensation: Intended and Unintended Consequences. Journal of Business Ethics 62: 101-113. (Lead Article)
    - Reprinted in Fundamentals of Corporate Governance. Vol (3), edited by Thomas Clarke and Marie dela Rama (2007), SAGE Publications (ISBN: 9781412935890)
  15. Published Academic Papers(In Korean)


  16. 서정우, 박종일, 신재용, “기업지배구조와 이익유연화에 관한 연구”, 회계학연구, 2013년 9월호
  17. 김범준, 신재용, “사내독립기업제도를 위한 책임회계시스템 구축-글로벌 텔레콤 사례”, 회계저널, 2013년 8월호
  18. 현정훈, 황인이, 신재용, 김범준, “지배주주-소액주주간 대리인 문제와 사외이사 보상”, 회계저널, 2013년 6월호
  19. 신재용, 서정우, 박종일, “기업지배구조가 이익과 신용등급간의 관련성에 미치는 효과”, 경영학연구, 2012년 12월호
  20. 권대현, 최종학, 신재용, 현정훈, “지배주주-소액주주간 대리인문제가 이사회 및 감사위원회 특성에 미치는 영향”, 회계학연구, 2012년 3월호
  21. Published Practitioner Papers

  22. Matsumura, E.M., and J.Y. Shin. 2006. Executive Pay Reform: Likely Consequences and Ethical Issues. Good Business 5(1). http://robinson.gsu.edu/ethics/publications/goodbusiness/2006/index.html
  23. Working Papers

  24. “Compensation Consultant Fees and CEO Pay.” With Jeh-Hyun Cho and Ella Mae Matsumura.
  25. “Leadership Consensus Thinking about Market Segments.” With Ella Mae Matsumura, Peter Dickson, and Tom Miller


[PAPERS PRESENTED AT CONFERENCES AND EXTERNAL UNIVERSITIES]

  1. "Corporate Governance Reform and CEO Compensation: Intended and Unintended Consequences"
    2004 University of Notre Dame Business Ethics Research Conference, November 2004 (presented by co-author)
  2. "An Empirical Analysis of an Incentive Plan with Relative Performance Measures: Evidence from a Postal Service"
    2004 American Accounting Association (AAA) Management Accounting Section Research Conference in Miami, FL, January 2004
    2005 Information, Markets, and Organizations Conference at Harvard Business School, June 2005 (This paper was one of the seven papers invited for presentation at the conference; presented by co-author.)
  3. "Stock-Based versus Cash Compensation: Does the Correlation between Earnings and Stock Returns Matter?"
    2004 AAA Annual Meeting in Orlando, FL, August 2004
    2005 AAA Management Accounting Section Research Conference in Scottsdale, AZ, January 2005
  4. "The Use of Non-financial Measures in CEO Bonus Contracts: Evidence from the American Customer Satisfaction Index (ACSI)"
    2005 AAA Management Accounting Section Research Conference in Scottsdale, AZ, January 2005 (presented by co-author)
  5. "Institutional Investment Horizons and the Structure of CEO Compensation"
    4th Asian Corporate Governance Conference in Seoul, Korea, May 2005
    Research Workshop, Korea Advanced Institute of Science and Technology (KAIST), May 2005
    2005 AAA Annual Meeting in San Francisco, CA, August 2005
    16th Annual Conference on Financial Economics and Accounting (FEA) at the University of North Carolina at Chapel Hill, November 2005
    2006 AAA Management Accounting Section Research Conference in Clearwater, FL, January 2006
    Research Workshop, University of Illinois at Urbana-Champaign, February 2006
    Research Workshop, University of Utah, February 2006
    Research Workshop, Seoul National University, November 2006
    Research Workshop, Korea University, November 2006
    Research Workshop Invitation Declined: University of British Columbia; University of Toronto; University of Alberta; Hong Kong University of Science and Technology; Chinese University of Hong Kong; Singapore Management University
  6. "Less Pay and More Sensitivity? Institutional Investor Heterogeneity and CEO Pay"
    2007 AAA Management Accounting Section Research Conference in Fort Worth, TX, January 2007
    2007 Strategic Management Society (SMS) Conference in San Diego, CA, October 2007 (presented by co-author)
  7. "The Effect of Competition on the Contracting Use of Customer Satisfaction: Evidence from the American Customer Satisfaction Index (ACSI)."
    Research Workshop, Michigan State University, October 2007
    Research Workshop, University of Illinois at Chicago, November 2007
    2008 AAA Management Accounting Section Research Conference in Long Beach, CA, January 2008 (presented by co-author)
    Research Workshop, University of California at Riverside, March 2008 (presented by co-author)
    Research Workshop, Seattle University , March 2008 (presented by co-author)
    2008 AAA Annual Meeting in Anaheim, CA
  8. "Supervisor Discretion in Target Setting: An Empirical Investigation."
    Research Workshop, University of Wisconsin-Madison, September 2008 (presented by co-author)
    6th Conference on New Directions in Management Accounting in Brussels, Belgium, December 2008 (presented by co-author)
    2009 AAA Management Accounting Section Research Conference in St. Petersburg, FL, January 2009 (presented by co-author)
    2009 Global Management Accounting Research Symposium (GMARS) in Copenhagen, Denmark, June 2009 (presented by co-author)
    2009 AAA Annual Meeting in New York (presented by co-author), August 2009
    Research Workshop, Georgia State University, October 2009 (presented by co-author)
  9. "Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts."
    Management Accounting Group Brownbag, University of Illinois at Urbana-Champaign, March 2009
    Research Workshop, The Pennsylvania State University, March 2009 (presented by co-author)
    The 6th Accounting Research Workshop at the University of Bern, Switzerland, June 2009
    The 2nd Chinese Accounting Professors' Association of North America's Annual Conference (CAPANA), Beijing, China, July 2009 (presented by co-author)
    Research Workshop, University of Wisconsin-Madison, November 2009
    Research Workshop, Northwestern University, January 2010 (presented by co-author)
    Research Workshop, University of Kentucky, February 2010 (presented by co-author)
    2010 AAA Annual Meeting in San Francisco (presented by co-author), August 2010
  10. “The Joint Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Executive Annual Bonus Contracts.”
    Research Workshop, University of California-Irvine, June 2011 (presented by co-author)
    2012 AAA Management Accounting Section Research Conference in Houston, TX, January 2012 (presented by co-author)
    Global Management Accounting Research Symposium, Copenhagen, Denmark, June 2012 (presented by co-author)
    2012 AAA Annual Meeting in Washington D.C., August 2012 (presented by co-author)
    Research Workshop, University of Washington at Seattle, September 2012 (presented by co-author)
  11. “Determinants and Performance Effects of Executive Pay Multiples: Evidence from Korea.”
    Research Workshop (Finance), Seoul National University, November 2011
    Research Workshop, Yonsei University, April 2012
    2012 AAA Annual Meeting in Washington D.C., August 2012
    Research Workshop (Finance), Korea University, November 2012
    2013 AAA Management Accounting Section Research Conference in New Orleans, LA, January 2013
  12. “The Effects of Corporate Governance, Competition, and Political Costs on Strategic Executive Pay Disclosure: Evidence from Korea.”
    Research Workshop, Yonsei University, November 2013
    Research Workshop, Korea University, November 2013
    2014 AAA Management Accounting Section Research Conference in Orlando, FL, January 2014