Research Interest

My research focuses on corporate finance (both theoretical and empirical) and ranges from corporate governance to entrepreneurial finance.

Publications

[1] “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, Working paper)

[2] “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, Working paper)

Working papers

[3] “Changing of the Guards: Does Succession Planning Matter?” with Dragana Cvijanovic and Nickolay Gantchev (Working paper)

– To be presented at SFS Cavalcade North America 2017 (May 2017, Nashville, U.S.A.) and the 44th Annual Meeting of the European Finance Association (August 2017, Mannheim, Germany)
– Presented at LSE (November 2016, London, U.K.) and UNC (October 2016, Chapel Hill, U.S.A.)
– Introduced at Columbia Law School’s blog on corporations and the capital markets (Link)

Work-in-progress

[4] “What Determines Succession Planning?” with Dragana Cvijanovic and Nickolay Gantchev

– Presented at Drexel 2017 Corporate Governance Conference (April 2017, Philadelphia, U.S.A.)

[5] “Theory of Governance: the Generalized Method of Moments Framework”

– Presented at UNC (May and November 2016, Chapel Hill, U.S.A.)

[6] “Grey Directors and Board (Non-)Independence”

– Presented at UNC (April 2017, Chapel Hill, U.S.A.)

[7] “Theory of Outsider Entrenchment and Board Diversity”

– To be presented at UNC (Fall 2017, Chapel Hill, U.S.A.)

[8] “Tax, Investment, and Employment”

– To be presented at UNC (Fall 2017, Chapel Hill, U.S.A.)

[9] “Corporate Board as Governance Mechanism Controller”

– Presented at UNC (May 2016, Chapel Hill, U.S.A.)

Permanent Working Paper

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

– Presented at UNC (February and August 2015, Chapel Hill, U.S.A.)

Paper Links

Google Scholar
Social Science Research Network (SSRN)
ResearchGate