PUBLICATIONS

Internal Capital Markets in Business Groups: Evidence from the Asian Financial Crisis, with Heitor Almeida and Chang-Soo Kim

Journal of Finance 70 (6), December 2015, pp.2539-2586.

Do Corporations Retain Too Much Cash? Evidence from a Natural Experiment, with Woojin Kim and Mathias Kronlund

Review of Financial Studies, Accepted

WORKING PAPERS

Uncertainty and the Earnings Announcement Premium, with David Dicks

Risk Management of Business Groups: Capital Reallocations during a Financial Crisis, with Jiyoon Lee

PERMANENT WORKING PAPERS

The Dark Side of Insider Ownership, with Vyacheslav Fos and Mathias Kronlund