
Greetings!
Chung-Won Woo
Associate Professor, Department of Accounting, Changwon National University
I study how carbon regulation, ESG, and technology investment show up in firms' costs, disclosures, audits, and market value. Before joining Changwon National University I was a Research Fellow at the Science and Technology Policy Institute (STEPI), where I led national R&D and science-and-technology policy research for ministries and public agencies.
Research at a Glance
Research Interests
- Carbon accounting & climate risk — EU CBAM, carbon risk and audit effort, climate exposure and firm performance
- ESG & sustainability disclosure — ESG ratings, green supply chains, social enterprise performance
- Cost behavior & management accounting — cost stickiness, innovation strategy, cost efficiency (DEA)
- Innovation & R&D performance — national R&D efficiency, open innovation, machine-learning prediction
- Information security & IT investment — mandatory security disclosure, IT governance, firm value
Published in Journal of Cleaner Production, Technology Analysis & Strategic Management, Sustainable Development, Business Strategy and the Environment, Renewable & Sustainable Energy Reviews, and Korean Accounting Review.
Education & Career
Education
- 2016Ph.D. in Business and Technology Management Korea Advanced Institute of Science and Technology (KAIST)
- 2013M.S. in Management Science Korea Advanced Institute of Science and Technology (KAIST)
- 2011B.E. in Mechanical Engineering Pusan National University
Career
- 2024.11 ~ presentAssociate Professor Department of Accounting, Changwon National University
- 2022.09 ~ 2024.10Assistant Professor Kyungnam University
- 2016.02 ~ 2022.08Research Fellow Science and Technology Policy Institute (STEPI)
- 2020.03 ~ 2022.08Adjunct Professor Graduate School of Management of Technology, Pukyong National University
- 2021Adjunct Professor Reformed University
Key Research Projects
As Principal Investigator
- Developing Indicators and Empirical Analysis for AI–Carbon Decoupling: Focusing on Digital Rebound and Green AI Transition Pathways — National Research Foundation of Korea (NRF), Core Research Program (Basic Research A), Individual Basic Research 2026.09 ~ 2029.08
- Promoting technology transactions by reducing the commercialization uncertainty of public technologies, Korea Technology Finance Corporation (KIBO) 2026
- IT investment and firm value using information security disclosure data, Changwon National University Internal Research Grant 2025~2026
- Cost structure of suppliers and their environmental activities, National Research Foundation of Korea, Early Career Researcher Program (NRF-2023S1A5A8079951) 2023~
- Preliminary planning study for a climate change response technology roadmap, Graduate School of Management of Technology, Pukyong National University 2023
- Impact of the Carbon Border Adjustment Mechanism (CBAM) on Korean listed firms, Changwon National University 2023~2024
- Science and technology policy directions for carbon neutrality, Korea Environment Institute (KEI) 2021~2022
- Regulatory innovation for strengthening the competitiveness of OTT platforms, STEPI 2021
- Status and outlook of digital platform technologies for distributed energy resources, Korea Energy Economics Institute (KEEI) 2021
- Establishing a blockchain-based research data platform, STEPI 2020
- R&D strategies for expanding the social value of government-funded research institutes, STEPI 2019
- Case analysis and adoption strategies for energy blockchain technology, STEPI 2017
- Regulatory improvements to foster the photovoltaic energy market, STEPI 2017
As Co-Investigator (selected)
- OECD Review of Innovation Policy: analysis and diagnosis of Korea's national science, technology and innovation system, National Research Foundation of Korea (NRF) 2021~2022
- Development strategy for the Korea Carbon Industry Promotion Agency to strengthen the sustainable competitiveness of the national carbon industry, Korea Carbon Industry Promotion Agency 2022
- Building an innovation ecosystem for a private-sector-led low-carbon transition, STEPI 2022
- Industrial development strategies for revitalizing the intellectual property ecosystem, Korean Intellectual Property Office (KIPO) 2020
- Future outlook and policy responses for emerging security issues such as artificial intelligence and blockchain, Ministry of Foreign Affairs (MOFA) 2020
- Korea's Future Strategy for Science, Technology and Innovation 2045, Korea Institute of S&T Evaluation and Planning (KISTEP) 2019~2020
- Supporting the implementation of national science and technology policy agendas, Presidential Advisory Council on Science and Technology (PACST) 2019~2020
- Establishing a foundation for clean energy technology R&D investment strategy, Korea Institute of Energy Technology Evaluation and Planning (KETEP) 2017~2018
Services
- Director, Korean Association of Management Accounting 2020.03 ~ present
- Director, Korean Accounting Policy Association 2020.03 ~ present
- Technical Advisory Member, Presidential Commission on Carbon Neutrality and Green Growth 2021.11 ~ present
- Certified ESG Specialist, Federation of Korean Industries 2022
Advisory & Speaking
I welcome inquiries on EU CBAM and carbon-regulation impact assessment, ESG disclosure readiness, R&D program evaluation, and information security investment, and give executive-education lectures on carbon accounting. woocw@changwon.ac.kr
Awards
- Grand Prize — 2025 Corporate Innovation Policy Research Paper Competition, Science and Technology Policy Institute (STEPI) and the Korean Society for Innovation Management and Economics, 2025.12
- Faculty Advisor Award, 2024.07
- Best Paper Award — Science and Technology Policy Institute (STEPI), 2021.05
- STEPIAN of the Year — Science and Technology Policy Institute (STEPI), 2018.05
- Best Paper Award — NST–KOTIS Special Session, 2017 Autumn Conference, 2017
- Best Researcher — KAIST, 2015.12
- Creativity Award — Happy KAIST Research Convergence Contest, KAIST, 2014.10
Papers
All 42 published papers. Each links to a summary page with the abstract, full bibliographic data, and APA/BibTeX citation formats. Titles marked (in Korean) are translated here; the article itself is published in Korean.
Carbon, climate & environment
- Does the EU Carbon Border Adjustment Mechanism (CBAM) Affect Korean Firms' Stock Prices? — Review of Accounting and Policy Studies, 2024
- Does Climate Change Exposure Hurt Corporate Financial and Energy Performance? — Journal of Cleaner Production, 2024
- Do Cost-Squeezed Suppliers Give Up on Green? — Review of Accounting and Policy Studies, 2024
- Does Carbon Risk Increase Audit Hours and Audit Fees? — Korea International Accounting Review, 2023
- Suppliers' communication capability and external green integration for green and financial performance in Korean construction industry — Journal of Cleaner Production, 2016
- Environmental Capabilities of Suppliers for Green Supply Chain Management in Construction Projects: A Case Study in Korea — Sustainability, 2016
- The static and dynamic environmental efficiency of renewable energy: A Malmquist index analysis of OECD countries — Renewable and Sustainable Energy Reviews, 2015
- Impact of Green Innovation on Labor Productivity and its Determinants: an Analysis of the Korean Manufacturing Industry — Business Strategy and the Environment, 2014
- Exploring the Impact of Complementary Assets on the Environmental Performance in Manufacturing SMEs — Sustainability, 2014
Innovation, R&D & cost behavior
- The Effect of Performance-Pay Differentiation on Firm Innovation Performance: An Analysis by Innovation Process Stage (in Korean) — Journal of Innovative Enterprise, 2026
- Can Machine Learning Predict ICT Business-Process Innovation? — Technology Analysis & Strategic Management, 2024
- Do external risk factors increase or decrease country-level R&D efficiency: focused on air pollution and job insecurity? — Technology Analysis & Strategic Management, 2024
- Does Openness Enable or Hinder Innovation Performance? — Technology Analysis & Strategic Management, 2023
- Do Innovating Firms Have Stickier Costs? — Korean Accounting Review, 2022
- Predicting Innovation Performance and Analyzing Variable Importance Using Machine Learning (in Korean) — Korean Business Education Review, 2022
- Does R&D Investment Make Costs Sticky? — Technology Analysis & Strategic Management, 2021
- Do gender equality and work–life balance matter for innovation performance? — Technology Analysis & Strategic Management, 2021
- Cost Efficiency of Smart Mobility Firms: Focusing on Autonomous Vehicle and Drone Companies (in Korean) — Korean Business Education Review, 2021
- How deregulation moderates the effect of public R&D support? — Technology Analysis & Strategic Management, 2020
- SME’s Appropriability regime for Sustainable Development-the Role of Absorptive Capacity and Inventive Capacity — Sustainability, 2016
- The Effect of Cost Management on In-House R&D Efficiency (in Korean) — Korean Management Accounting Research, 2016
- Value capture mechanism: R & D productivity comparison of SMEs — Management Decision, 2015
- Labor Union Effects on Innovation and Commercialization Productivity: An Integrated Propensity Score Matching and Two-Stage Data Envelopment Analysis — Sustainability, 2015
Energy & environmental policy
- R&D performance and relevant factors of renewable energy projects: separating innovation and economic perspectives — International Journal of Environmental Science and Technology, 2023
- R&D Efficiency of Clean Energy Technologies Using DEA: Evidence from Renewable Energy R&D Projects (in Korean) — Journal of Korea Technology Innovation Society, 2019
- Influencing factors on hydrogen energy R&D projects: An ex-post performance evaluation — Renewable and Sustainable Energy Reviews, 2016
- Scenario analysis for estimating the learning rate of photovoltaic power generation based on learning curve theory in South Korea — Energy, 2015
- The role of hydrogen energy development in the Korean economy: An input–output analysis — International Journal of Hydrogen Energy, 2014
Science & technology policy evaluation
- Comparing Firm Performance across Policy Instruments: Focusing on R&D Efficiency (in Korean) — Review of Accounting and Policy Studies, 2021
- Effects of the Performing Institution and Cooperation Type on R&D Efficiency in Materials and Components (in Korean) — Journal of Technology Innovation, 2019
- The Effect of the Science and Technology Policy Mix on R&D Efficiency (in Korean) — Journal of Korea Technology Innovation Society, 2018
- Performance Analysis of Collaborative Convergence Research at Government-Funded Research Institutes (in Korean) — Journal of Korea Technology Innovation Society, 2017
- Performance Analysis of Support Programs in Daedeok Innopolis: A Propensity Score Matching Approach (in Korean) — Korean Business Education Review, 2016
IT, information security & digital
- How Much IT Investment Is Too Much? — Review of Accounting and Policy Studies, 2026
- Does IT Investment Improve Cost Efficiency? — Korean Business Education Review, 2025
- Exploring the Determinants of Blockchain Acceptance for Research Data Management — Journal of Computer Information Systems, 2023
ESG, CSR & social enterprise
- Is ESG balance beneficial for the relationship between innovation and corporate financial performance? — Journal of Innovative Enterprise, 2025
- Can Social Enterprises Be Sustainable Through Innovation and Social Performance-Based Incentives? — Sustainable Development, 2025
- An Empirical Study on the Announcement Effect of Seasoned Equity Offerings and Its Relation to Operating and Financial Leverage (in Korean) — Review of Accounting and Policy Studies, 2022
- How Do Organizational Factors Influence Performance through Performance Management System as Innovation? — Review of Accounting and Policy Studies, 2021
- The Effect of CSR Activities on Venture Firm Performance by Growth Stage (in Korean) — Asia-Pacific Journal of Business Venturing and Entrepreneurship, 2020
- CSR, social ties and firm performance — Corporate Governance: The International Journal of Business in Society, 2019
Books (co-authored)
- 2025 Southeast Region Science and Technology Policy Series, Pukyong National University Science and Technology Policy Professional Development Program (in Korean) 2026
- 2024 Southeast Region Science and Technology Policy Series, Pukyong National University Science and Technology Policy Professional Development Program (in Korean) 2025
- Energy Transition Policy: Theory and Practice, Parkyoung Publishing (in Korean) 2023
Media
Changwon National University (2024~)
Science and Technology Policy Institute (2016~2022)
Contact
- Chung-Won Woo, Ph.D. — Associate Professor of Accounting, Department of Accounting, Changwon National University
- 20 Changwondaehak-ro, Uichang-gu, Changwon, Gyeongnam 51140, Republic of Korea (Room 21323)
- woocw@changwon.ac.kr
- Google Scholar · ORCID · GitHub · CV
I welcome collaboration inquiries, advisory and speaking requests, and prospective students interested in carbon accounting, ESG, and innovation research.

