Field of Study

M&A/Corporate Spin-offs
Corporate Governance
Bond Ratings Analysis
Valuation
Intellectual Property Management and Firm Value

Education

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

Professor, School of Business and Technology Management, KAIST [Mar. 2020 - Present]
Associate Professor, Department of Business and Technology Management, KAIST [Mar. 2009– Feb. 2020]
Assistant Professor, IT School of Business, Information and Communications University (ICU), [Mar. 2006 –Mar. 2009]
Instructor, University of Central Florida, [2002-2005]

Key Papers

"CSR Activities and Internal Capital Markets: Evidence from Korean Business Groups", Pacific Basin Finance Journal, 2019
"Convertible bond announcement returns, capital expenditures, and investment opportunities: Evidence from Korea", Pacific Basin Finance Journal, 2018
"Dividend Policy in Family-controlled Business Group: Evidence from Korea", Emerging Markets Financial and Trand, 2018
"The Evolving Nature of Japanese Corporate Governance: Guaranteed Bonds vs. Rated Bonds”, Journal of International Financial Markets, Institutions & Money, 2018
"Compensation Structure of Family Business Groups: Evidence from Korea", Pacific Basin Finance Journal, 2018
“Network Topology and Systemically Important Firms in the Interfirm Credit Network”, Computational Economics, forthcoming, 2017
"Trade Networks and Cross-Border Acquisitions: Evidence from U.S. Acquiring Firms", Asia-Pacific Journal of Financial Studies, 2016
"Financial Constraints and Negative Spillovers in Business Groups: Evidence from Korea", Pacific Basin Finance Journal, 2016
"Sustaining Competitive Advantage through Corporate Environmental Performance", Business Strategy and the Environment, 2016
"Stock Market Reaction to Corporate Crime: Evidence from South Korea", Journal of Business Ethics, 2015
"Frequent Stock Repurchases, False Signaling, and Corporate Governance: Evidence from Korea", Corporate Governance: An International Review, 2014
"Are Unsolicited Ratings Biased? Evidence from Long-run Stock Performance", Journal of Banking and Finance, 2014
"Audit Committees, Corporate Governance, and Shareholder Wealth: Evidence from Korea", Journal of Accounting and Public Policy, 2013
"Unsolicited versus solicited: Credit ratings and bond yields", Journal of Financial Services Researches, 2012
"Rating Agency Reputation, the Global Financial Crisis, and the Cost of Debt", Financial Management, 2012