Research Interest

Corporate finance (both theoretical and empirical) with focuses on corporate governance, corporate social responsibility, innovation, and labor and finance.


Working Papers

“Mandating Women on Boards: Evidence from the United States” with Anil Shivdasani and Elena Simintzi (SSRN)

– Featured in Harvard Law School Forum on Corporate Governance and Financial Regulation (Link)

“Shareholder- versus Stakeholder-Initiated Corporate Social Responsibility” (draft available upon request)

“Are Gray Directors the Smoking Gun Unveiling Non-Independent Boards after Sarbanes Oxley?” (SSRN)

“Changing of the Guards: Does Succession Planning Matter?” with Dragana Cvijanovic and Nickolay Gantchev (SSRN)

– Featured in Columbia Law School’s blog on corporations and the capital markets (Link)



“When Heirs Become Major Shareholders: Evidence on Pyramiding Financed by Related-Party Sales,” with Woochan Kim, Journal of Corporate Finance, 2016, Vol. 41, pp. 23-42 (Published version, SSRN)

“Managerial Entrenchment of Anti-Takeover Devices: Quasi-Experimental Evidence from Korea,” with Woochan Kim, Pacific-Basin Finance Journal, 2012, Vol. 20, No. 4, pp. 614-638 (Published version, SSRN)



“Does Investment in Human Capital Spur Innovation and Entrepreneurship?

“Consensus: Cost of Diversity at Diverse Boards,” with Anil Shivdasani

“Does financing vehicle diversification increase firm value?” with Sojung Kim and Woochan Kim

“Theory of Governance: the Generalized Method of Moments Framework”


Permanent Working Paper

“Selection Into Entrepreneurship in MBA labor market,” with Camelia Kuhnen and Manju Puri.


Paper Links

Google Scholar
Social Science Research Network (SSRN)