Portrait of Dr Jay Jung

Dr Jay Jung

Senior Lecturer in Accounting

Bayes Business School, Faculty of Finance

Contact

Visit Jay Jung

Room BR5089, Bunhill Row

Postal address

Bayes Business School
106 Bunhill Row
London
EC1Y 8TZ
United Kingdom

About

Overview

Dr Jung's personal website: www.jayheonjung.com

Jay Heon Jung is a Senior Lecturer in Accounting at Bayes Business School, City, University of London. Dr Jay Jung's research focuses on financial analysts and capital markets. His work has been published in top peer reviewed journals such as Journal of Accounting and Economics and featured in prestigious news outlets such as Bloomberg, Yahoo Finance, Capital, and Le Monde across USA, UK, Europe, and Asia.

Dr Jung is on the Editorial Board of European Accounting Review. He serves as an ad hoc reviewer for top peer reviewed journals, such as Journal of Accounting and Economics and The Accounting Review. He has received two Excellence in Reviewing Awards from the American Accounting Association's Financial Accounting and Reporting Section (FARS) and European Accounting Review.

Dr Jung has taught in MBA, postgraduate, and doctoral programs. He also teaches in the Executive Education (EMBA) program in Dubai, UAE.

In 2019, Dr Jung co-organized the CeFARR Accounting Conference on the theme of new trends in sell-side analyst research, with a special focus on MiFID II directives. The conference featured renowned academics, including the editors of top accounting journals (i.e., TAR, CAR), finance practitioners from equity research firms and investment banks, journalists, and members of the U.K. Financial Conduct Authority.

Dr Jung has held visiting positions at University of Texas at Austin, Boston College, DePaul University, and Hong Kong Polytechnic University. He was a founder and director of Won Investment Ltd, London, UK.

In his free time, Dr Jung enjoys training Brazilian jiu-jitsu (BJJ). He won gold medals in the NAGA UK Grappling Championship and All Stars BJJ London Pro. He has taught BJJ to elementary school children as part of a non-profit charity program, combining his hobby with the joy of being an educator.

Awards

  • Bayes Business School (2023) Research Pump Priming Grant
  • Bayes Business School (2022) Research Pump Priming Grant
  • European Accounting Review (2022) Excellence in Reviewing Recognition
  • American Accounting Association's Financial Accounting and Reporting Section (2021) Excellence in Reviewing Award
  • Bayes Business School (2020) Financial Times Award
  • Bayes Business School (2019) Research Pump Priming Grant
  • Bayes Business School (2018) Financial Times Award
  • Bayes Business School (2018) Emergency Research Grant
  • Bayes Business School (2017) Research Pump Priming Grant
  • City, University of London (2017) Research Pump Priming Grant

Expertise

Primary topics

  • Accounting
  • Capital Markets
  • Corporate Finance
  • Financial Accounting

Industries

  • financial services
  • investment banking

Research students

Taehyun Lee

Attendance: Sep 2022 – present

Role: 2nd Supervisor

Zan Li

Attendance: Sep 2020 – present, full-time

Role: 2nd Supervisor

Publications

Journal articles (4)

  1. Jung, J.H., Kumar, A., Lim, S.S. and Yoo, C.-.Y. (2019). An Analyst by Any Other Surname: Surname Favorability and Market Reaction to Analyst Forecasts. Journal of Accounting and Economics. doi:10.1016/j.jacceco.2019.02.002.
  2. Jung, J., Lim, S.S., Pae, J. and Yoo, C.Y. (2017). Do Analysts Who Understand Accounting Conservatism Exhibit Better Forecasting Performance? Journal of Business Finance and Accounting, 44(7-8), pp. 953–985. doi:10.1111/jbfa.12254.
  3. Cho, C.H., Jung, J.H., Kwak, B., Lee, J. and Yoo, C.-.Y. (2017). Professors on the Board: Do They Contribute to Society Outside the Classroom? Journal of Business Ethics, 141(2), pp. 393–409. doi:10.1007/s10551-015-2718-x.
  4. Jung, J.H., Pae, J. and Yoo, C.-.Y. (2015). Do analysts treat winners and losers differently when forecasting earnings? International Journal of Forecasting, 31(2), pp. 531–549. doi:10.1016/j.ijforecast.2014.02.006.

    [publisher’s website]

Professional activities

Editorial activity (5)

  1. European Accounting Review, Editorial Board Member, Nov 2021 – present.
  2. The Accounting Review, Referee.
  3. Management Science, Referee.
  4. Journal of Accounting and Economics, Referee.
  5. Contemporary Accounting Research, Referee.

Events/conferences (47)

  1. European Financial Management Association Conference. (Conference) (2023).
  2. Korean Accounting Association International Conference. (Conference) Jeju, South Korea (2023).
  3. Analyst Research Conference. (Conference) Athens, Greece (2023).
  4. European Accounting Association Annual Congress. (Conference) (2023).
  5. Financial Markets and Corporate Governance Conference. (Conference) (2023).
  6. Review of Accounting Studies Conference. (Conference) (2022).
  7. Contemporary Accounting Research Conference. (Conference) (2022).
  8. Analyst Research Conference at Bayes Business School and University of Cyprus. (2022).
  9. Korea Summer Session on Causal Inference. (Workshop) (2022).
  10. FARS and Journal of Financial Reporting (JFR) Research Settings Mini-Conference. (2022).
  11. Financial Accounting and Reporting Section Midyear Meeting. (2022).
  12. Review of Accounting Studies Conference. (Conference) (2021).
  13. European Accounting Review Annual Conference. (Conference) (2021).
  14. Bayes&Bristol PhD and Young Accounting Scholars Conference. (Conference) London, UK (2021).
  15. Texas Lone Star Virtual Conference. (Conference) (2021).
  16. Journal of Business Finance and Accounting Capital Markets Conference (Virtual). (Conference) (2021).
  17. J.P. Morgan DeepFin Machine Learning Workshop on Causal AI. (Workshop) (2021).
  18. Financial Accounting and Reporting Section (FARS) Virtual Midyear Meeting. (Conference) (2021).
  19. Financial Accounting and Reporting Section Midyear Meeting. (Conference) Nashville, USA (2020).
  20. CAMR Institutional Investors and Climate Risk Conference. (Conference) London, UK (2020).
  21. Financial Accounting and Reporting Section Midyear Meeting. (Conference) Seattle, USA (2019).
  22. American Accounting Association Annual Meeting. (Conference) San Francisco, USA (2019).
  23. CeFARR and Bayes Business School Accounting Conference. (Conference) London, UK (2019).
  24. Journal of Business Finance and Accounting Capital Markets Conference. (Conference) Dublin, Ireland (2018).
  25. British Academy of Management Conference. (Conference) Leeds, UK (2018).
  26. McCombs College-Wide Research Colloquium. (Workshop) Austin, USA (2018).
  27. Asset Management with Climate Risk Conference. (Conference) London, UK (2018).
  28. Bayes M&A Research Centre Conference. (Conference) London, UK (2018).
  29. Asian Finance Association Annual Conference. (Conference) Seoul, South Korea (2017).
  30. CeFARR and Bayes Business School Accounting Conference. (Conference) London, UK (2017).
  31. Conference on Convergence of Financial and Managerial Accounting Research. (Conference) Banff, Canada (2017).
  32. European Accounting Association Annual Congress. (Conference) Valencia, Spain (2017).
  33. Financial Management Association Annual Meeting. (Conference) Boston, USA (2017).
  34. American Accounting Association Annual Meeting. (Conference) San Diego (2017).
  35. Financial Management Association Annual Meeting. (Conference) Las Vegas, USA (2016).
  36. Midwest Finance Association Annual Meeting. (Conference) Atlanta, USA (2016).
  37. Joint Conference of Singapore Management University, Seoul National University, KAIST, Korea University, and Yonsei University. (Conference) Seoul, South Korea (2015).
  38. Accounting PhD Rookie Recruiting and Research Camp. (Workshop) Miami, USA (2015).
  39. American Accounting Association Midwest Region Meeting. (Conference) St. Louis, USA (2015).
  40. Korean Accounting Association International Conference. (Conference) Buyeo, South Korea (2015).
  41. AAA/Deloitte Foundation/J. Michael Cook Doctoral Consortium. (Workshop) Westlake, USA (2014).
  42. Temple University Accounting Conference. (Conference) Philadelphia, USA (2013).
  43. American Accounting Association Annual Meeting. (Conference) Anaheim, USA (2013).
  44. International Symposium on Forecasting Conference. (Conference) Seoul, South Korea (2013).
  45. Korean Securities Association Conference. (Conference) Seoul, South Korea (2013).
  46. Korean Accounting Association International Conference. (Conference) Seoul, South Korea (2013).
  47. Korean Accounting Association International Conference. (Conference) Jeju, South Korea (2011).

Keynote lectures/speeches (30)

  1. Yonsei University, South Korea. (2023). Invited Seminar Talk
  2. University of Manchester, UK. (2023). Invited Seminar Talk
  3. Bayes Business School, City, University of London, UK. (2022). Invited seminar talk
  4. Hong Kong Polytechnic University, Hong Kong, China. (2022). Invited Seminar Talk
  5. Korea Summer Session on Causal Inference. (2022). Invited Speaker
  6. Yonsei University, South Korea. (2021). Invited Seminar Talk
  7. Monash University, Australia. (2020). Invited Seminar Talk
  8. Seoul National University, South Korea. (2020). Invited Seminar Talk
  9. University of Bristol, UK. (2020). Invited Seminar Talk
  10. University of Strathclyde, UK. (2020). Invited Seminar Talk
  11. University of Warwick, UK. (2020). Invited Seminar Talk
  12. National University of Singapore, Singapore. (2019). Invited Seminar Talk
  13. SKKU Business School, South Korea. (2019). Invited Seminar Talk
  14. University of Massachusetts at Boston, USA. (2019). Invited Seminar Talk
  15. University of Westminster, UK. (2019). Invited Seminar Talk
  16. Boston College, USA. (2019). Invited Seminar Talk
  17. Boston University, USA. (2019). Invited Seminar Talk
  18. Lancaster University, UK. (2018). Invited Seminar Talk
  19. University of Texas at Austin, USA. (2018). Invited Seminar Talk
  20. University of Texas at Dallas, USA. (2018). Invited Seminar Talk
  21. Quantitative Research Workshop, British Academy of Management (BAM). (2018). Invited Speaker
  22. London School of Economics and Political Science (LSE), UK. (2017). Invited Seminar Talk
  23. University of Exeter, UK. (2017). Invited Seminar Talk
  24. City, University of London. (2017). Invited Seminar Talk
  25. Tilburg University, Netherlands. (2016). Invited Seminar Talk
  26. City, University of London, UK. (2016). Invited Seminar Talk
  27. IE Business School, Spain. (2016). Invited Seminar Talk
  28. DePaul University, USA. (2015). Invited Seminar Talk
  29. SKKU Business School, South Korea. (2015). Invited Seminar Talk
  30. Korea Advanced Institute of Science and Technology (KAIST), South Korea. (2013). Invited Seminar Talk

Media appearances (29)

  1. “City Research: Equality in Business”, This is City.
  2. “Lots in a Name – Investors Shown to Demonstrate Bias Against Analysts with Certain Surnames”, Cass.
  3. “Analyst Name Favorability Determines Stock Trading”, Chosun Biz.
  4. “Are Foreign-Sounding Analysts Served by Their Surname?”, BFM Bourse.
  5. “Why a Surname Can Make All the Difference to Investors”, Wealth Professional.
  6. “Investment: Advantageous Analyst Names Move Share Prices”, Cash.Online.
  7. “Financial Analysts With a Foreign Name Grow the Mistrust of Investors”, Navva.
  8. “Stock Market is Increasingly Reacting to the Forecasts of Analysts with Favorable Surnames", Invest.
  9. “Analyst Name More Important Than Forecast Quality”, Wallstreet: Online.
  10. “How the Surname Slows Down Bank Careers”, Manager Magazin.
  11. “Financial Analysts, with a Foreign Name, Breed Investor Mistrust”, Next Finance.
  12. “Foreign Names, a Professional Disability?”, N3D.
  13. “Money Stuff: Too Bad to Come Out of the Index”, Bloomberg.
  14. “Forecasts by Analysts with Favorable Surnames Elicit Stronger Market Reaction”, Market Business New.
  15. “Tell Me Your Name, I’ll Tell You if You’re a Good Analyst”, Market Screener.
  16. “Stock Market Shows Greater Reaction to Forecasts by Analysts with Favorable Surnames”, Science Code.
  17. “Investors Are Wary of Analysts Whose Name is Foreign-sounding”, Archyworldys.
  18. “Financial Markets Would Discriminate, Says London Business School”, Capital.
  19. “Financial Analysts, with a Foreign Name, Breed Investor Mistrust”, EduBourse.
  20. “Financial Markets Would Discriminate, Says London Business School”, Bourse Direct.
  21. “Financial Markets Would Discriminate, Says London Business School”, Le Figaro.
  22. “Tell Me Your Name, I’ll Tell You if You’re a Good Analyst”, Zonebourse.
  23. “The Unexpected Impact of the Names of Financial Analysts on Share Prices”, Yahoo Finance.
  24. “Financial Markets Would Discriminate, Says London Business School”, Boursorama.
  25. “The Unexpected Impact of the Names of Financial Analysts on Share Prices”, Capital.
  26. “Financial Markets Would Discriminate, Says London Business School”, Option Finance.
  27. “Stock Market Shows Greater Reaction to Forecasts by Analysts with Favorable Surnames”, Phys.Org.
  28. “Investors Are Wary of Analysts Whose Name is Foreign-sounding”, Le Monde.
  29. “Stock Market Shows Greater Reaction to Forecasts by Analysts with Favourable Surnames”, Cass Newsro.

Other (27)

  1. Program Reviewer, Hawaii Accounting Research Conference (Jan 2023).
  2. Discussion Panelist, Festival of Rejections - A School Event for Our PhD Students (Dec 2022).
  3. Program Reviewer, European Accounting Association Annual Congress (Dec 2022).
  4. Discussant, Analyst Research Conference by Bayes Business School and University of Cyprus (Sep 2022).
  5. Speaker, Korea Summer Session on Causal Inference (Jun 2022).
  6. Program Reviewer, European Accounting Association Annual Congress (Feb 2022).
  7. Program Reviewer, American Accounting Association (AAA) Annual Meeting (Feb 2021).
  8. Discussant, Financial Accounting and Reporting Section (FARS) Midyear Meeting (Feb 2021).
  9. Program Reviewer, Financial Accounting and Reporting Section (FARS) Midyear Meeting (Feb 2021).
  10. Session Chair, Bayes & Bristol PhD and Young Accounting Scholars Conference (Feb 2021).
  11. Program Reviewer, Financial Accounting and Reporting Section (FARS) Midyear Meeting (Feb 2020).
  12. Program Reviewer, Hawaii Accounting Research Conference (HARC) (Feb 2020).
  13. Organizer, CeFARR and Bayes Business School Accounting Conference (Feb 2019).
  14. Session Moderator, American Accounting Association (AAA) Annual Meeting (Feb 2019).
  15. Session Chair, CeFARR and Bayes Business School Accounting Conference (Feb 2019).
  16. Discussant, American Accounting Association (AAA) Annual Meeting (Feb 2019).
  17. Program Reviewer, Hawaii Accounting Research Conference (HARC) (Feb 2019).
  18. Discussant, CeFARR and Bayes Business School Accounting Conference (Feb 2019).
  19. Speaker, British Academy Management's (BAM) Quantitative Research Method Workshop (Feb 2018).
  20. Program Reviewer, Financial Accounting and Reporting Section (FARS) Midyear Meeting (Feb 2018).
  21. Program Reviewer, Hawaii Accounting Research Conference (HARC) (Feb 2018).
  22. Program Reviewer, Asian Finance Association (AsianFA) Conference (Feb 2018).
  23. Discussant, Journal of Business Finance and Accounting (JBFA) Conference (Feb 2018).
  24. Discussant, CeFARR and Bayes Business School Accounting Conference (Feb 2017).
  25. Discussant, Asian Finance Association (AsianFA) Annual Conference (Feb 2017).
  26. Discussant, American Accounting Association (AAA) Midwest Region Meeting (Feb 2015).
  27. Discussant, Korean Accounting Association (KAA) Conference (Feb 2011).