In the intensity drop down when using a corona light you can set what units you want to use.
Are these correct conversions when changing the units?
Actually, yes, these conversions are correct, but they only take into account the limited data that can be inferred without doing any super-complicated and lengthy calculations.
In particular, if I recall correctly, they calculate with the light object's surface volume, they presume lambertian light emission distribution and they assume that the light has a wavelength of 555nm, where the light sensitivity of human light sensitive cells is the highest.