Suk Hun Lee

Professor of Finance

Sukhun Lee is a finance professor at Loyola University Chicago. He received his PhD. from the University of Southern California in 1988 and has been at Loyola University Chicago ever since. His areas of expertise are in developing countries’ debt issues, emerging financial markets and lottery gambling.

He has published numerous articles and they have appeared in numerous journals including Journal of Development Economics, Journal of International Money and Finance, Journal of Banking and Finance, Journal of International Business Studies, and Journal of Gambling Business and Economics. He is currently conducting research on lottery gambling behaviors around the globe. He teaches Corporate Finance and International Financial Management.

Education

PhD, Finance, University of Southern California
MBA, Finance, Florida State University
BS, Air Commerce and Transportation, Florida Institute of Technology.

Research Interests

Emerging Markets
Microfinance Institutions

Professional/Community Affiliations

Salvation Army Correctional Services Advisory Council, 2008-present.
Financial Management Association
Southern Financial Management Association
Eastern Financial Management Association

Courses Taught

FINC 332: Business Finance
FINC 335: Investments
FINC 355: International Financial Management
FINC 399: Advanced Topics in International Financial Management
FINC 450: Financial Management
FINC 455: International Financial Management
FINC 555: Advanced Topics in International Financial Management

Publications/Research Listings

'Lee, S. (1993). Are the credit ratings assigned by bankers based on the willingness-of-borrowers to repay? Journal of Development Economics.

Lee, S. (1993). Significance of political stability and economic variables on perceived country creditworthiness. Journal of International Business Studies.

Lee, S., & Urrutia, J. (1996). Analysis and predictions of insolvency in the property-liability insurance industry: A comparison of the Logit and Hazard models. Journal of Risk and Insurance.

Han, K., Lee, S., Suk, D., & Sung, H. (2017). Jackpot rollover and lottery regressivity. The Journal of Gambling Business and Economics.

Han, K., Lee, S., Suk, D. & Sung, H. (2025). Impact of COVID-19 pandemic on diversification: Evidence from microfinance. Finance Research Letters.

Awards

Faculty of the Year, EMBA, 2008
Faculty of the Year, Graduate School of Business, 2006.