Publications

"Tracking business opportunities for climate solutions using AI in regulated accounting reports" (with MarcAntonio Awada, Shirley Lu, and George Serafeim)
Nature Communications, November 2025.

"The strategic use of corporate philanthropy: Evidence from bank donations" (with Seungho Choi and Raphael Jonghyeon Park)
Review of Finance, September 2023, 27(5): pp 1883-1930.
Media coverage: MarketWatch

Pre-PhD

"The long-term impact of sovereign wealth fund investments" (with Francis In and Raphael Jonghyeon Park)
Journal of Financial Markets, September 2019, 45: pp 115-138.

"Naive versus optimal diversification: Tail risk and performance" (with Inchang Hwang and Francis In)
European Journal of Operational Research, February 2018, 265(1): pp 372-388.

"Systemic risk and cross-sectional hedge fund returns" (with Inchang Hwang, Francis In, and Tong Suk Kim)
Journal of Empirical Finance, June 2017, 42: pp 109-130.

"Systemic risk in the European sovereign and banking system" (with Catherine Forbes, Inchang Hwang, and Francis In)
Quantitative Finance, April 2017, 17(4): pp 633-656.

"The effect of diversification on tail risk: Evidence from US equity mutual fund portfolios" (with Inchang Hwang and Francis In)
International Review of Finance, September 2016, 16(3): pp 483-495.