Tenure Tracks
Kim, Joonghyuk김중혁
- Finance
- Professor
- Corp. Finance
- Room 516 in LG-POSCO bldg.
- TEL : 02-3290-2607
- Email : j-kim@korea.ac.kr
- Fax : +82-2-922-7220
- Homepage :
- Office Hour :
Education
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Ph.D. in Finance, University of Illinois at Urbana-Champaign (2001)
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M.S. in Finance, University of Illinois at Urbana-Champaign (1995)
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B.B.A. in Business Administration, Korea University (1993)
Career
Academic Posistions:
- 2016.3 - Present: Professor of Finance, Korea University Business School
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2004.9 - 2016.2: Assistant/Associate Professor of Finance, Korea University Business School
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2001.7 - 2004.6: Assistant Professor, Dept. of Banking and Finance, Weatherhead School of Management, Case Western Reserve University
Publications
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Research InterestsInvestments, Security Analyst Issues, Corporate Finance, IPOs, SEOs, Corporate Governance, CSR
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Published Papers“Market reaction to security breach announcements: Evidence from South Korea” (joint with Anat Zeelim-Hovav and JinYoung Han), The Data Base for Advances in Information Systems, Vol. 48, 2017
“Business group and its effect on financial distress risk” (joint with Yunxiao Liu and Woochan Kim), The Korean Journal of Financial Management, Vol. 33, 2016
“Corporate Social Responsibility, Tax avoidance and Firm value" (joint with Hyun Il Lim), Journal of Money and Finance, Vol. 29, 2015
“Bond market dynamics in East Asian countries” (joint with Yunxiao Liu and James L. Park), The Korean Journal of Financial Management, Vol. 32, 2015
“Insiders’ Pre-IPO ownership, underpricing, and share-selling behavior: Evidence from Korean IPOs” (Joint with Sang Koo Kang, Hyung Cheol Kang and Noolee Kim), Emerging Markets Finance and Trade, Vol. 51, 2015
“How do financial constraint and distress measures compare?” (joint with James L. Park), Investment Management and Financial Innovations, Vol. 12, 2015
“Underwriter-Investor Relationships and IPO Allocations in Korea" (joint with Jaiwoong Chung), Journal of Money and Finance, Vol. 29, 2015; won the best paper award from Journal of Money and Finance (2015)
“Market responses to analysts’ recommendations and Information Weighting” (joint with Sang Koo Kang), Journal of Money and Finance, Vol. 26, 2012; formally circulated under “Market reaction to analysts’ stock recommendations with different weighting of private information”; won the best paper award from Korean Academic Society of Business Administration (2009) and from Journal of Money and Finance (2012)
“Are there long-run implications analyst coverage for IPOs” (joint with Daniel Bradley, Konan Chan and Ajai Singh), Journal of Banking and Finance, Vol. 32, 2008
“The IPO derby: Are there consistent losers and winners on this track?” (joint with Konan Chan, John W. Cooney, Jr. and Ajai Singh), Financial Management, Vol. 37, 2008
“Information asymmetry and Added value of analyst recommendations" (joint with Sangkoo Kang and Chanwoo Lim), The Korean Journal of Finance, Vol. 20, 2007
“The pricing of underwriting services in the Korean IPO market: Characteristics and Determinants (joint with Ok-hwa Ahn and Pando Son), Asia-Pacific Journal of Financial Studies, October, 2007
"Analyzing the analysts: When do recommendations add value?" (joint with Narasimhan Jegadeesh, Susan D. Krische, and Charles M. C. Lee), Journal of Finance, Vol. 59, 2004
“Bond market dynamics in East Asian countries” (joint with Yunxiao Liu and James L. Park), The Korean Journal of Financial Management, Vol. 32, 2015
“Insiders’ Pre-IPO ownership, underpricing, and share-selling behavior: Evidence from Korean IPOs” (Joint with Sang Koo Kang, Hyung Cheol Kang and Noolee Kim), Emerging Markets Finance and Trade, Vol. 51, 2015
“How do financial constraint and distress measures compare?” (joint with James L. Park), Investment Management and Financial Innovations, Vol. 12, 2015
“Underwriter-Investor Relationships and IPO Allocations in Korea" (joint with Jaiwoong Chung), Journal of Money and Finance, Vol. 29, 2015; won the best paper award from Journal of Money and Finance (2015)
“Market responses to analysts’ recommendations and Information Weighting” (joint with Sang Koo Kang), Journal of Money and Finance, Vol. 26, 2012; formally circulated under “Market reaction to analysts’ stock recommendations with different weighting of private information”; won the best paper award from Korean Academic Society of Business Administration (2009) and from Journal of Money and Finance (2012)
“Are there long-run implications analyst coverage for IPOs” (joint with Daniel Bradley, Konan Chan and Ajai Singh), Journal of Banking and Finance, Vol. 32, 2008
“The IPO derby: Are there consistent losers and winners on this track?” (joint with Konan Chan, John W. Cooney, Jr. and Ajai Singh), Financial Management, Vol. 37, 2008
“Information asymmetry and Added value of analyst recommendations" (joint with Sangkoo Kang and Chanwoo Lim), The Korean Journal of Finance, Vol. 20, 2007
“The pricing of underwriting services in the Korean IPO market: Characteristics and Determinants (joint with Ok-hwa Ahn and Pando Son), Asia-Pacific Journal of Financial Studies, October, 2007
"Analyzing the analysts: When do recommendations add value?" (joint with Narasimhan Jegadeesh, Susan D. Krische, and Charles M. C. Lee), Journal of Finance, Vol. 59, 2004
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Working Papers"Dual-class stock splits and Liquidity" (with Ji-Chai Lin, Ajai Singh, and Wen Yu), presented at the First Singapore International Conference on Finance 2007
“Earnings management and corporate social responsibility: International evidence” (joint with Jinhua Cui and Hoje Jo), presented at the FMA, Las Vegas, 2016
“Underwriter-investor relationships and investment horizons in IPOs” (joint with Jaiwoong Chung)
“The characteristics and initial returns of firms going public through Korean SPAC ” (joint with Minjung Park)
“Information content of ESOP and IPO underpricing” (joint with Sang Koo Kang, Hyungchul Kang, and Noolee Kim)
“Underwriter-investor relationships and investment horizons in IPOs” (joint with Jaiwoong Chung)
“The characteristics and initial returns of firms going public through Korean SPAC ” (joint with Minjung Park)
“Information content of ESOP and IPO underpricing” (joint with Sang Koo Kang, Hyungchul Kang, and Noolee Kim)
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Work in Progress
“VC and IPO matching”
“Underwriters’ conflicts of interests in accelerated SEOs”
“Effects of external governance on CSR” (joint with Yunxiao Liu)
“Internal and External Financial Constraint” (joint with Byungjoo Lee)
“Underwriters’ conflicts of interests in accelerated SEOs”
“Effects of external governance on CSR” (joint with Yunxiao Liu)
“Internal and External Financial Constraint” (joint with Byungjoo Lee)