Professor Minjae Lee of Mokwon University Receives 'Best Paper Award' from the Korean Academy of Management

Professor Minjae Lee (right) of Mokwon University is posing for a commemorative photo after receiving the Best Paper Award at the 'Korean English Linguistics Society Convergence Academic Conference' held on the 18th at the Yeosu Expo Convention Center in Jeollanam-do. Provided by Mokwon University

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Mokwon University announced on the 22nd that Professor Lee Min-jae of the Department of Global Business received the Best Paper Award at the 24th Korea Academy of Management Convergence Academic Conference.

At the conference, Professor Lee was honored with the Best Paper Award for his paper titled "Sustainable Corporate Performance under Institutional Pressure for Stakeholder Capitalism: Competitive Implications for ESG Strategy Implementation."

Through his paper, Professor Lee was evaluated to have empirically demonstrated that establishing ESG strategies in uncertain markets is an important mechanism for companies to gain social recognition and institutional legitimacy.

Professor Lee previously worked at the National Research Council for Economics, Humanities and Social Sciences under the Prime Minister's Office and currently serves as the head of the Department of Global Business, director of the Industry-Academia Project Headquarters, and director of the Career Support Center at Mokwon University.

He is also actively engaged in academic activities in the fields of ESG management to enhance corporate sustainability and business innovation ecosystems.

Meanwhile, the Korea Academy of Management was established in 1956 and is regarded as the largest academic organization in the domestic social sciences field. Currently, the academy has about 10,000 members participating in its activities.

More than 200 scholars and businesspeople from home and abroad attended the conference.

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