LIAN FEN LEE

welcome

My name is Lian Fen (not Lian) and I was born and raised in Singapore. Prior to pursuing my PhD, I worked in the tax departments of Arthur Andersen and Ernst and Young. I am currently an Associate Professor of Accounting at Boston College. My research interests are in the areas of financial reporting, firm communications, and the role of information intermediaries. I have taught introductory financial accounting, intermediate financial accounting and data analytics at Boston College, as well as managerial and cost accounting at Singapore Management University.

education

• Ph.D. in Accounting University of Michigan, Ross School of Business, Ann Arbor, Michigan, 2009

• Bachelor of Accounting (First Class Honors) Nanyang Technological University, Singapore, 2002

Published Papers

• Lee, L.F. “Incentives to inflate reported cash from operations using classification and timing” The Accounting Review 87 (2012): 1-33 Winner of 2010 AAA Competitive Manuscript Award

• Hutton, A.P., L.F. Lee, and S. Shu. “Do managers always know better? Relative accuracy of management and analyst forecasts” Journal of Accounting Research 50 (2012): 1217-1244

• Lee, L.F., A.P. Hutton, and S. Shu. “The role of social media in the capital market: Evidence from consumer product recalls” Journal of Accounting Research 53 (2015): 367-404

• Bradshaw, M., L.F. Lee, and K. Peterson. “The interactive role of difficulty and incentives in explaining the annual earnings forecast walkdown” The Accounting Review 91 (2016): 995-1021

• Lee, L.F. and A. Lo. “Do opinions on financial misstatement firms affect analysts’ reputation with investors? Evidence from reputational spillovers" Journal of Accounting Research 54 (2016): 1111-1148

• Lee, L.F., M. Lowry, and S. Shu. “Are all perks solely perks? Evidence from corporate jets” Journal of Corporate Finance 48 (2018): 460-473

• Bushee, B., J. Gerakos, and L.F. Lee. “Corporate jets and private meetings with investors” Journal of Accounting and Economics 65 (2018): 358-379.

• Bradshaw, M., L.F. Lee, and K. Peterson. “An examination of the Listing of Analyst Coverage on Corporate Websites” The Accounting Review 99 (2024): 57-84 .

Working Papers

• Cao, Y., K. Choi, L.F. Lee and A. Lo. “ESG misconduct as a barrier to family stock ownership: Evidence from misconduct spillover”

• Carter, M.E., L.F. Lee and E. Yu. “Real Effects of proposed Scope 3 disclosures”

• Chan, J., L.F. Lee, A. Lo and M. Piorkowski. “Accounting expertise and capital market outcomes: Evidence from equity research analysts”

• Cheng, M., Gallimberti, C., L.F. Lee and A. Lo. “Accounting frauds and investor reactions worldwide”

• Feng, M., L.F. Lee, and B. Yin. “Managers’ understanding of macroeconomic news, competitor influence and firm performance: Evidence from consumer sentiment news”

• Gallimberti, C., L.F. Lee, and A. Lo. “The forecasting use of EBITDA covenants by equity investors”

• Gu, P., L.F. Lee, and A. Lo. “Alternative data and internal forecasting: Nighttime satellite imagery and management forecast errors for international operations”