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 primarily examines the dynamics in a firm’s information environment with a specific focus on two significant players – managers and analysts. I am interested in how managers’ and analysts’ incentives and abilities drive the information they provide, and the capital market consequences of their information outputs. I have taught introductory financial accounting and intermediate financial accounting at Boston College, as well as managerial and cost accounting at Singapore Management University.

education

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

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

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 (2018), Forthcoming

Working Papers

• Lee, L.F. “Proximity and real earnings management”

• Bradshaw, M., L.F. Lee, and K. Peterson. “An Examination of the Listing of Analyst Coverage on Corporate Websites”

• Gallimberti, C., L.F. Lee, and A. Lo. “Bank Loans and Borrower Stock Liquidity: Evidence from Liquidity Changes Around Loan Contracts”

Awards

• William S. McKiernan '78 Family Faculty Fellow 2017 - Present

• Carroll School of Management Teaching All-Star 2013-2018

• AAA Competitive Manuscript Award 2010

• Rackham Graduate Student Fellowship 2008-2009

• Deloitte and Touche Doctoral Fellowship 2007-2009

• William A. Paton Doctoral Fellowship 2004-2009

• Ross School of Business Fellowship 2004-2008

• Ernst and Young Gold Medal 2002

• Lee Fook Hong Prize in Taxation 2002

• Dean's List at Nanyang Technological University 2000-2002