Research

Publications

Does more public information always improve price efficiency? Evidence from the EDGAR adoption (with Daewoung Choi, Yong Hyuck Kim, Jaejin Lee, & Hojong Shin)
International Review of Economics & Finance, 2026
Global Standard and Bank Liquidity Creation: A Case Study of Basel III Liquidity Regulation
Journal of Empirical Finance, 2026
Do Aggressive CFOs Borrow Short-Term? (with Andy Kim, Junho Park, & Hojong Shin)
Journal of Behavioral and Experimental Finance, 2026
Customers' Debt Financing and Suppliers' Innovations (with Pia Gupta, Kyoung-min Kwon, & Hojong Shin)
Economics Letters, 2025
The Effect of ESG-motivated Turnover on Firm Financial Risk (with Daewoung Choi, Min Jung Kang, & Hojong Shin)
The British Accounting Review, 2025
Bank Relationship and Contractual Flexibility: Evidence from Covenant Enforcement (with Chunbo Liu)
Contemporary Accounting Research, 2024 (SSRN version)
Window Dressing on Bank Problem Loans: Evidence from Natural Disaster Responses (with Seong Jin Ahn)
Journal of Accounting and Public Policy, 2024
The effect of ex ante litigation risk on corporate fraud: Evidence from securities class action act in Korea (with Seungho Choi, Yong Hyuck Kim, & Hojong Shin)
Finance Research Letters, 2024
Decision-Making Delegation in Banks (with Jennifer Dlugosz, Radhakrishnan Gopalan, & Janis Skrastins)
Management Science, 2024 (SSRN version)
Environmental reputation and bank liquidity: Evidence from climate transition (with Daewoung Choi & Hojong Shin)
Journal of Business Finance & Accounting, 2023
US National Banks and Local Economic Fragility (with Giovanni Calice)
Journal of Financial Services Research, 2023
R&D Investment Decisions in Business Groups: Evidence from a Natural Experiment (with Daewoung Choi, Seungho Choi, & Hojong Shin)
Corporate Governance: An International Review, 2022
Evasive Shareholder Meetings and Corporate Fraud (with Paramita Gupta, Jieun Im, & Hojong Shin)
Journal of Corporate Finance, 2021
Bank Partnership and Liquidity Crisis (with Seungho Choi, Junho Park, & Hojong Shin)
Journal of Banking & Finance, 2020
Corporate Fraud under Pyramidal Ownership Structure: Evidence from a Regulatory Reform (with Daewoung Choi & Hojong Shin)
Emerging Markets Review, 2020
How inheritance law affects family firm performance: Evidence from a natural experiment (with Min Jung Kang, Junho Park, & Hojong Shin)
Pacific-Basin Finance Journal, 2020

Working Papers

Post-Merger Divestitures, Switching Costs, and Market Dynamics (with Yunqi Zhang)
Fintech Revolution, Bank Responses, and the Real Economy (with Kai Lu)
Market Risk Premium and ESG Risk (with Daewoung Choi, Seungho Choi, Yong Hyuck Kim, & Hojong Shin)
Does Community Social Capital Improve African American Representation on Corporate Boards? (with Daewoung Choi, Ming Jung Kang, & Hojong Shin)
Risky Tweets in Quiet Times: Social Media Attention and Bank Deposit Flows (with Chunbo Liu & Yongxin Xu)
Local Credit Market Restructuring and Social Spillovers: Evidence from Workplace Safety (with Daewoung Choi, Yong Hyuck Kim, Jaejin Lee, & Hojong Shin)
Local Political Uncertainty and Branch Banking: Evidence from Deposit Rate Setting (with John Cotter & Yi Hu)