Curriculum Vitae

2023-present:


2018–2023:


2014–2018:


2011–2014:

California State University at Fullerton, College of Business and Economics

Professor of Finance

California State University at Fullerton, College of Business and Economics

Associate Professor of Finance

California State University at Fullerton, College of Business and Economics

Assistant Professor of Finance

University of Missouri, Trulaske College of Business

Assistant Professor of Finance

Education:

2006–2011:


2003–2005:


1999–2003:

The Ohio State University, Fisher College of Business

PhD in Finance

Seoul National University, SNU Business School

MBA

Seoul National University, SNU Business School

B.Sc. in Business Administration, Summa Cum Laude

Research Interest

Empirical corporate finance:  financial distress, banking, hedge funds, optimal contracting

Publications

1. "Did they live happily ever after? The fate of restructured firms after hedge fund activism," (with Wonik Choi), 2022, Financial Management  57(4), 925-947

2. "The Economics of PIPE," (with Michael W. Schwert and Michael S. Weisbach), 2021, Journal of Financial Intermediatino 45(1), 1-14

3. "CSR: An Umbrella or a Puddle on a Rainy Day? Evidence Surrounding Corporate Financial Misconducts," (with John Bae and Wonik Choi), 2020, European Financial Management 26(1), 77-117

4. "The Asymmetric Relationship between National Cultural Distance and Target Premiums in Cross-Border M&A," (with Anil Makhija and Oded Shenkar), 2016, Journal of Corporate Finance 41, 542-571..

5. "Indirect Incentives of Hedge Fund Managers," (with Berk Sensoy and Michael Weisbach), 2016, Journal of Finance 71 (2), 871-918.

6. "The Role of Activist Hedge Funds in Financially Distressed Firms,"2015, Journal of Financial and Quantitative Analysis 50 (6), p. 1321-1351. 

7. "Syndicated Loan Spreads and the Composition of the Syndicate," (with Bernadette Minton and Michael Weisbach), 2014, Journal of Financial Economics 111 (1), p. 45-69, Winner of the Wharton-WRDS award for Best Paper on Corporate Finance at the Northern Finance Association Meetings

8. "Six Decades of CEO Successions: An Empirical Analysis of Trends and Patterns," (with Stephen P. Ferris and Narayanan Jayaraman), 2015, Journal of Accounting and Finance 15(4), p.11-39.


Working Papers / Work-in-progress


Invited Presentations (including scheduled; * indicates presentation by a co-author)

2022: Financial Management Association Annual Meeting (Atlanta, GA; paper)

2018: American Financial Association Annual Meeting* (Philadelphia, PA; paper), American Accounting Association Western Regional Meeting* (Portland, OR; paper), Financial Management Association Annual Meeting* (San Diego, CA; paper)

2017: Private Equity Research Consortium* (Chapel Hill, NC; paper)

2015: JCF Conference on Culture and Finance (Winston-Salem, NC; paper, discussant), Midwest Finance Association Annual Meeting (Chicago, IL; paper, discussant, chair)

2014: Financial Management Association Annual Meeting* (Nashville, TN; paper), NBER Corporate Finance Program Meeting* (Chicago, IL; paper), FMA European Conference* (Maastricht, NL; paper), Midwest Finance Association Annual Meeting* (Orlando, FL; paper), American Finance Association Annual Meeting (Philadelphia, PA; paper)

2013: Academy of International Business Annual Meeting* (Istanbul, Turkey; paper), Western Finance Association Annual Meeting (Lake Tahoe, NV; discussant), American Financial Association Annual Meeting (San Diego, CA; paper), California State University at Fullerton (Fullerton, CA; paper), Fordham University (New York, NY; paper), Northeastern University (Boston, MA; paper), University of Oklahoma (Norman, OK; paper), University of Missouri at Columbia (Columbia, MO; paper)

2012: Northern Financial Association Annual Meeting (Niagara Falls; paper), Western Financial Association Annual Meeting (Las Vegas; paper), University of Missouri at Columbia (Columbia; paper)

2011: University of Missouri (Columbia), Case Western Reserve University (Cleveland), Cornerstone Research (Palo Alto), National University of Singapore (Singapore),  KAIST (Seoul), Korea University (Seoul), Korea Institute of Finance (Seoul), City University of Hong Kong (Hong Kong), Hong Kong University (Hong Kong), Nanyang Technological University (Singapore), Pennsylvania State University (State College)

2010: University of Cincinnati (Cincinnati), Ohio University (Athens), The Ohio State University (Columbus) 


Teaching

Cases in Business Finance, Undergraduate, Calstate Fullerton

Financial Management II, Undergraduate, Calstate Fullerton 

Managerial Finance I, MBA, University of Missouri at Columbia

Managerial Finance II, MBA, University of Missouri at Columbia

Advanced Financial Management, MBA, University of Missouri at Columbia 

Corporate Finance, Undergraduate, Ohio State University

Business and Finance, Undergraduate, Ohio State University


Honors and Award

Recognized for excellence in teaching at the 2022 Faculty Recognition Event, CSUF, 2022


Nominated for L. Don Shields Excellence in Scholarship & Creativity Award, 2021-2022

Nominated for Mihaylo Executive Council Distinguished Faculty Award, CSUF, 2019

Recognized for excellence in scholarly and creative activity at the 2018 Faculty Recognition Event, CSUF, 2018 

The Faculty Excellence Fellowship Award, Mihaylo College of Business and Economics, CSUF, 2018

The Scholar Award, Mihaylo College of Business and Economics, CSUF, 2017

The Scholar Award, Mihaylo College of Business and Economics, CSUF, 2016

Wharton-WRDS Award for Best Paper on Corporate Finance, Northern Finance Association 2012 Annual Meeting


Non-Academic Experience

2005–2006:


2004–2005:

Deloitte Consulting, Enterprise Management Strategy Unit 

Business Analyst

Ministry of Finance and Economy, International Finance Bureau 

Researcher