"Deposit Insurance with Changing Volatility: An Application of Exotic Options " (joint with Phelim Boyle), Journal of Financial Engineering (September/December 1994)
"The Costs of Raising Capital " (joint with Lochhead, Ritter and Zhao), Journal of Financial Research (Spring 1996): Abstract also appears in the Financial Management Collection (Spring/Summer 1996): 1996 Journal of Financial Research Outstanding Paper Award
"Do Firms Knowingly Sell Overvalued Equity " , Journal of Finance (September 1997)
"Performance Following Convertible Bond Issuance," (joint with Tim Loughran), Journal of Corporate Finance (June 1998)
"Are Insider's Trades Informative? " (joint with Josef Lakonishok), (National Bureau of Economic Research Working Paper #6656), Review of Financial Studies (Spring 2001)
"Insider Trading and Performance of Seasoned Equity Offering Firms After Controlling for Trading Needs " , The Quarterly Review of Economics and Finance (Spring 2002)
"Agency Problems and Performance of Korean Companies During the Asian Financial Crisis: Chaebol vs. Non-Chaebol Firms " (joint with Byungmo Kim), Pacific-Basin Finance Journal (July 2003)
Determinants of Dividend Policy of Korean Firms ", (joint with Kyung Suh Park and Eunjung Lee), The Korean Journal of Finance (November 2003) (in Korean)
Economic Sources of Gain in Stock Repurchases " (joint with Konan Chan and David Ikenberry), Journal of Financial and Quantitative Analysis, (September 2004)
Business Groups and Tunneling: Evidence from Private Securities Offerings by Korean Chaebols " (joint with Jae-Seung and Jun-Koo Kang), Journal of Finance (October 2006)
Option Market Activity " (joint with Josef Lakonishok, Neil Pearson and Allen, Review of Financial Studies (May 2007)
"Do Managers Time the Market? Evidence from Open-Market Share Repurchases " (joint with Konan Chan and David Ikenberry), Journal of Banking and Finance (September 2007)
Do Privatization IPO Firms Outperform in the Long-Run? (joint with Seung-Doo Choi and William Megginson), Financial Management (Spring, 2010)
"Share Repurchases as a Tool to Mislead Investors: Evidence from Earnings Quality and Stock Performance " (joint with Konan Chan, David Ikenberry and Yanzhi Wang), Journal of Corporate Finance (April 2010)
" Economic shock, owner-manager incentives, and corporate restructuring: Evidence from the financial crisis in Korea " (joint with Jun-Koo Kang and Hyun-Seung Na) Journal of Corporate Finance (June 2010)
"Informed traders: Linking legal insider trading and share repurchases " (joint with Konan Chan, David Ikenberry and Yanzhi Wang), Financial Analysts Journal (Jan/Feb 2012)
Do voluntary corporate restrictions on insider trading eliminate informed insider trading? (joint with Michael Lemmon, Yan Li and John Sequeira, Journal of Corporate Finance (Dec. 2014)
Corporate governance and the profitability of insider trading" (joint with Lili Dai, Renhui Fu and Jun-Koo Kang), Journal of Corporate Finance (Oct. 2016)
Risk Changes and External Financing Activities: Tests of the Dynamic Trade-off Theory of Capital Structure (joint with Martin Dierker and Sung Won Seo), Journal of Empirical Finance (Jun 2019)
Repurchases after being well known as good news (joint with Yuen Jung Park and Neil Pearson), Journal of Corporate Finance (June 2020)
How Do Options Add Value? Evidence from the Convertible Bond Market (joint with Patrick Verwijmeren and Rex Wang), Review of Finance (February 2023)
Internal Capital Markets of Korean Chaebols” (joint with Jieun Im and Woojin Kim), Chapter 5 in Research Handbook on Alternative Finance edited by Franklin Allen and Meijun Quian, Edward Elgar Publishing (April, 2024).
Private Information: Any Additional Benefit?, 2023
Business Cycles and Risk Premiums," Quarterly Institutional Review, Dimensional Fund Advisors (joint with Eduardo A. Repetto and L. Jacobo Rodriguez), 2008 1Q.
"Defining Value and Growth: Implications for Returns and Turnover," Dimensional Fund Advisors White Paper (joint with Jim Davis), 2008
"What Can We Learn from the Past Financial Turmoil?", Dimensional Fund Advisors White Paper (joint with Garrett Quigley), 2008
"Coping with Inflation Uncertainty," Dimensional Fund Advisors White Paper (joint with Marlena Lee), 2009
"Structured Products," Dimensional Fund Advisors White Paper (joint with Eduardo A. Repetto), 2010