Ph.D., in Finance, University of Central Florida, USA (2005)
M.S., in Statistics (attended), University of South Carolina, USA (2001)
M.A., in Economics, University of South Carolina, USA (1999)
B.A., in Economics, Waseda University, Tokyo, JAPAN (1995)
Major Career
Head, Graduate School of Innovation and Technology Management, College of Business, KAIST [2025-Present]
Professor, School of Business and Technology Management, KAIST [Mar. 2020 - Present]
Associate Professor, Department of Business and Technology Management, KAIST [Mar. 2016– Feb. 2020]
Assistant Professor, Department of Business and Technology Management, KAIST [Mar. 2009– Feb. 2016]
Assistant Professor, IT School of Business, Information and Communications University (ICU), [Mar. 2006 –Mar. 2009]
Instructor, University of Central Florida, [2002-2005]
Key Papers
The Role of Japanese Corporate Governance Features in Explaining Rating Differences between Global and Japanese Rating Agencies Journal of Banking & Finance, 2024 (SSCI)
Firm-level political risk and CEO compensation Research in International Business and Finance, 2024 (SSCI)
Internal Monitoring Mechanisms and Corporate Environmental and Social Performance: Evidence from Korea Research in International Business and Finance, 2024 (SSCI)
Is Bloomberg’s Credit Default Swaps Model Superior in Predicting Defaults? Journal of Fixed Income, 2023 (SSCI)
Corporate Cash Holdings in Response to Climate Risk and Policies Finance Research Letter, 2023 (SSCI)
"Supermajority Provisions and Shareholders Wealth: Evidence from South Korea's Natural Experiment" Corporate Governance: An International Review, forthcoming 2022 (SSCI)
"Terrorist Attacks, CEO Overconfidence, and CEO Compensation" Finance Research Letters, forthcoming 2022 (SSCI)
“Corruption and Corporate Cash Holdings.” Emerging Markets Finance and Trade, forthcoming 2022 (SSCI)
"Does the Nationally Recognized Statistical Rating Organization (NRSRO) Certification Matter for Japanese Credit Rating Agencies?" Journal of Financial Markets 2021 (SSCI)
"Religious Differences and Households’ Investment Decisions" Journal of Financial Research, 2021 (SSCI) (SSCI)
"Influence of Product Market Competition and Managerial Competency on Corporate Environmental Responsibility" Journal of Cleaner Production, 2021 (SSCI)
"The Valuation Effects of Corporate Social Responsibility on merges and acquisitions: Evidence from U.S. target firms." Corporate Social Responsibility and Environmental Management 2021 (SSCI)
The Evolving Nature of Japanese Corporate Governance: Guaranteed Bonds vs. Rated Bonds.” Journal of International Financial Markets, Institutions & Money 2019 (SSCI)
"CSR Activities and Internal Capital Markets: Evidence from Korean Business Groups." Pacific Basin Finance Journal 2019 (SSCI)
"Compensation Structure of Family Business Groups: Evidence from Korea." Pacific Basin Finance Journal 2018 (SSCI)
"Sustaining Competitive Advantage through Corporate Environmental Performance." Business Strategy and the Environment 2016 (SSCI)
"Stock Market Reaction to Corporate Crime: Evidence from South Korea." Journal of Business Ethics 2015 (SSCI)
"Impact of Environmental Performance on Firm Value for Sustainable Investment: Evidence from Large U.S. Firms." Business Strategy and the Environment 2015 (SSCI)
"Frequent Stock Repurchases, False Signaling, and Corporate Governance: Evidence from Korea." Corporate Governance: An International Review 2014 (SSCI)
"Are Unsolicited Ratings Biased? Evidence from Long-run Stock Performance." Journal of Banking and Finance 2014 (SSCI)
"Audit Committees, Corporate Governance, and Shareholder Wealth: Evidence from Korea." Journal of Accounting and Public Policy 2013 (SSCI)
"Unsolicited versus solicited: Credit ratings and bond yields."Journal of Financial Services Researches 2013 (SSCI)
"Rating Agency Reputation, the Global Financial Crisis, and the Cost of Debt." Financial Management 2012 (SSCI)