Donghun Kim
Welcome to my website. I am a Ph. D. candidate in Finance at the George Washington University.
My research specialization is empirical corporate finance. My job market paper, titled 'Natural Disasters, Covenant Violations, and Bank Loans', studies the impacts of natural disasters and covenant violations on debt contracts. I find that disaster impacted firms are more likely to violate covenants and receive stricter loan terms in the following years. More importantly, I find that lenders respond differently to borrowers based on other factors affecting firm recovery. This suggests that lenders do not systematically penalize borrowers for covenant violations following disaster impacts.
Teaching is a significant part of my life. My teaching goal is to have students 'Remember One Thing' from the course that will stay with them even after their graduations. This approach has proven effective in making me a great instructor, as evidenced by my teaching evaluation score of 4.8 out of 5.0.
Professional Experience is another strength of mine. With six years of professional experience as a corporate finance manager, I specialize in international project financing for infrastructure construction. My expertise in financing structures, global financial institutions, and networks empowers me to achieve better research and teaching performance.
I deeply appreciate the time you have spent visiting my website. Please feel free to reach out to me anytime if you are more interested.
Research
Research Interests: Corporate Finance, Debt Contracts, Information Asymmetry, and Public Announcements
Working Papers:
1. Natural Disasters, Covenant Violations, Bank Loans (job market paper)
Accepted for Doctoral Student Consortium of FMA 2023
2. Overvaluation, Diminishing Profitability, and Acquisitions (with Jiyoon Lee and Micah S. Officer)
Presented at FMA 2023, EFA 2022
Experience
1. George Washington University, Washington D.C.
Lecturer of BADM 3501 Financial Management and Markets (evaluation 4.8/5.0), Summer 2022
2. SK ecoplant Co., Ltd. (formerly SK Engineering & Construction Co., Ltd.), Seoul, Korea
Project Financing specialist of Infrastructure Public-Private Partnership projects, 2012-2018
In-house Foreign Exchange Trader to hedge foreign currency cash-flow exposure, 2012-2014