Articles by Robert Lee, PhD
Robert Lee, PhD, is an assistant professor of accounting at Pepperdine University’s Graziadio School of Business and Management. Prior to his doctoral studies, Dr. Lee worked as a senior auditor in public accounting and is currently licensed as a certified public accountant. He holds a PhD from Drexel University, a master's in accountancy degree from Villanova University, and a bachelor of arts degree in economics and mathematics from University of Michigan. His research focuses on examining the judgment and decision making process in accounting, finance, and auditing contexts. His dissertation was awarded the doctoral student grant from the IMA Research Foundation. He is a member of the American Accounting Association and the Institute of Management Accountants.
A tax inversion happens when a firm relocates its headquarters to another country and declares that country as its domicile for the foreign country’s lower tax rate.
Banks have developed various credit derivatives to deal with the credit risk of loans. In addition, banks can use credit derivatives to transfer risk to a third party.