Research 

Publications

1. The Predictability Implied by Consumption-Based Asset Pricing Models: A Review of the Theory and Empirical Evidence (with Jiun-Lin (Alex) Chen), 2018. Journal of Risk Model Validation 12(2), 103-128. (doi.org/10.21314/JRMV.2018.190)

2. Informed Trading of Mutual Funds: Evidence from Fund-Underwriter Relationships, 2019. Financial Management 48(1), 311-338. (doi.org/10.1111/fima.12230)

3. Business Cycle, Expected Return and Momentum Payoffs (with Jiun-Lin (Alex) Chen), 2019. Finance Research Letters 29, 83-89. (doi.org/10.1016/j.frl.2019.03.021)

4. The Blind Power: Power-Driven CEO Overconfidence and M&A Decision-Making (with Hyun-Dong Kim and Taeyeon Kim), 2020. North American Journal of Economics and Finance 52. 101141. (doi.org/10.1016/j.najef.2019.101141)

5. Changes in Trading Behavior of Analyst-Affiliated Institutions: The Impact of the Global Settlement, 2021. Financial Markets, Institutions & Instruments 30(3), 65-83. (doi.org/10.1111/fmii.12142)

6. The Real Effects of Local Mutual Funds: Evidence from Corporate Innovation, 2023. International Review of Finance 23(2), 272-300. ( doi.org/10.1111/irfi.12398 )

7. Do Local Investors Know More? Evidence from Securities Class Actions (with Hyun-Dong Kim and Taeyeon Kim), 2023. Journal of Banking & Finance 156. (doi.org/10.1016/j.jbankfin.2023.107008)

8. Informed Trading of Sell-Side Analysts: Evidence from Class Action Lawsuits, 2024. Journal of Economic Analysis 3(3), 86–105. (doi.org/10.58567/jea03030005)

9. Market Sentiment and SPACs (with Yom Bui), 2024. Applied Economics Letters, 1-6. (doi.org/10.1080/13504851.2023.2301479)

10. The Effects of Local Shareholders on Firm Performance: Evidence from Corporate Social Responsibility (with Hyun Gon Kim), 2024.  Applied Finance Letters 13, 128-143. (doi.org/10.24135/afl.v13i.718) 

11. Does Litigation Contingency Disclosure in Corporate Filings Matter? Evidence from Securities Class Action Lawsuits (with Zhanel DeVides), 2024. Managerial Finance 50(12), 2154-2172. (doi.org/10.1108/MF-12-2023-0758 )

12. Timeliness of Investor Reaction to Corporate Crypto-Asset Investment: Evidence from Types of Disclosures (with Jidong Zhang), 2025. Journal of Corporate Accounting and Finance 36, 154-164. (doi.org/10.1002/jcaf.22746)

13. Local Mutual Funds, Corporate Community Investment, and Shareholder Value (with Hyun Gon Kim and Jung Yeun Kim), 2025.  Asian Review of Accounting 33 (3), 496-522. (doi.org/10.1108/ARA-02-2024-0040).

14. Political Corruption and Local Mutual Fund Performance (with Hocheol Nam), 2025, Economics Letters 250, 112258. (doi.org/10.1016/j.econlet.2025.112258). 

15.  Does Corporate Board Diversity Impact Disaster Preparedness? An Empirical Investigation of Corporate Reactions to Covid-19 (with Hyun Gon Kim and Jong Min Lee), 2025. Journal of APEC Studies 17(1), 49-69. (doi.org/10.52595/jas.17.1.49).

Working Papers

1.  Birds of a Feather? Litigation Spillovers in Underwriting Client Networks (with Mark Humphery-Jenner and Vikram Nanda).

2. Sentiment Dynamics and SPAC IPOs: A Fundamental Perspective (with Yom Bui)

Teaching

• Investments

• Financial Markets and Institutions

• Principles of Finance