• 2004년 – 현재:     고려대학교 경영대학 교수 (재무금융전공)
• 2008년, 2014년:  Visiting Professor of Finance, Rutgers, The State University of New Jersey
• 2003-2004년:      한양대학교 경제금융대학 교수 
• 1996-2006년:      Associate Professor of Finance, Rutgers, The State University of New Jersey (with tenure)
• 1990-1995년:      Assistant Professor of Finance, Rutgers, The State University of New Jersey

• 2013.1-2013.12: 한국재무학회장 (President of the Korean Finance Assocation)
• 2009.3-2010.2 : 한국증권학회장 (President of the Korean Securities Association)
• 2006.4-2008.3 : 증권학회지 편집위원장 (Editor-in-Chief, Asia-Pacific Journal of Financial Studies)
• 한국증권학회, 한국재무학회, 한국경영학회 상임이사

• 2012년: 한국연구재단 인문사회분야 '우수학자' 선정
• Top ranked in Asia-Pacific countries in finance research performance for the period of 1990-2008 (Source: Chan, Chen, and Lee, "A Long-Term Assessment of Finance Research Performance among Asia-Pacific Academic Institutions (1990-2008)," Pacific-Basin Finance Journal, Vol. 19 (2011), pp.157-171).
• No.1 ranked in Korea in finance research performance for the period of 1990-2010 (Source: Chan, "Retrospective Analysis of Finance Research among Korean Insitutions and Authors (1990-2010)," Asia-Pacific Journal of Financial Studies, Vol. 40 (2011), pp.599-626).

Papers Published in Refereed Academic International Journals (해외저널):
 

• "The Financial Distress Puzzle in Bank Returns," Forthcoming in Accounting & Finance (with Inro Lee).
• "Financial Distress, Short Sale Constraints, and Mispricing,"Pacific-Basin Finance Journal 53, February 2019, pp.94-111 (with Inro Lee and Haejung Na).
• "Investor Sentiment, Anomalies, and Macroeconomic Conditions,"Asia-Pacific Journal of Financial Studies 47, December 2018, pp.751-804 (with Haejung Na).

• " The Forecast Dispersion Anomaly Revisited: Time-Series Forecast Dispersion and the Cross-Section of Stock Returns,"
  Journal of Empirical Finance 39, December 2016, pp.37-53 (with Haejung Na).
• " Macro Liquidity Risk, Money Growth, and the Cross-Section of Stock Returns: The Case of Korea," Emerging Markets Finance and Trade 52(6), June 2016, pp. 1438-1454 (with Hosung Jung) .
• " Bank Funding Structure and Lending Under Liquidity Shocks: Evidence from Korea," Pacific-Basin Finance Journal, 33(1), June 2015, pp. 62-80 (with Hosung Jung) .
• "Time-Varying Expected Momentum Profits," Journal of Banking and Finance, Vol.49(1), Decemeber 2014, pp.191-215 (with Byoung-Kyu Min, Tai-Yong Roh, Suk-Joon Byun).
• "Investor Sentiment from Internet Message Postings and Predictability of Stock Returns," Journal of Economic Behavior and Organization, Vol.107, November 2014, pp.708-729 (with Soon-Ho Kim).
• "Sources of Momentum Profits in International Stock Markets," Accounting and Finance,  Vol.54(2), June 2014, pp.567-589 (with Kyung-In Park).
• "Evaluating Asset Pricing Models in the Korean Stock Market," Pacific-Basin Finance Journal, Vol.20(2), April 2012, pp. 198-227 (with Soon-Ho Kim and Hyun-Soo Shin).
• "Innovations in the Future Money Growth and the Cross-Section of Stock Returns in Korea," Asia-Pacific Journal of Financial Studies, Vol.40(5), October 2011, pp. 683-709 (with Hosung Jung).
•  "Future Labor Income Growth and the Cross Section of Equity Returns," Journal of Banking and Finance, Vol.35(1), Janaury 2011, pp.67-81 (with Tong-Suk Kim and Byoung-Kyu Min).
• "Are Initial Returns and Underwriting Spreads in Equity Issues Compelements or Substitutes?" Financial Management, Vol.39(4), 2010 Winter, pp.1403-1423 (with Anthony Saunders and Darius Palia).
• "Risk-Adjusted Stock Information from Option Prices," Review of Futures Markets, Vol.19(2), 2010 Fall, pp.107-144 (with Ren-Raw Chen and Panda Durga).
• "Accruals Quality, Stock Returns, and Macroeconomic Conditions," The Accounting Review, Vol.85(3), May 2010, pp.937-978 (with Yaxuan Qi).
• "Information Uncertainty Risk and the Seasonality in International Stock Markets," Asia-Pacific Journal of Financial Studies, Vol.39(2), April 2010, pp.229-259.
• "The Impact of Commercial Banks on Underwriting Spreads: Evidence from Three Decades," Journal of Financial and Quantitative Analysis, Vol.43(4), December 2008, pp.975-1000 (with Darius Palia and Anthony Saunders).
•  "Return-Volatility Spillover and Foreign Operations of Dually-Listed Global Firms," Hitotsubashi Journal of Economics, Vol.48(1), 2007, pp.1-24 (with Dong-Soon Kim).
• "On the Information Uncertainty Risk and The January Effect," Journal of Business, Vol.79(5), July 2006, pp.2127-2162. Also, summarized in the CFA Digest, Vol.37(1), February 2007.
• "The Risk of Earnings Information Uncertainty and the January Effect in Korea," Asia-Pacific Journal of Financial Studies, Vol.35(4), August 2006, pp.73-102. (with Seong-Ho Shin).
• "A Multi-Factor Explanation of Post-Earnings-Announcement Drift,” Journal of Financial and Quantitative Analysis, Vol.34(2), June 2003, pp.383-398 (with Myung-Sun Kim).
• "Structural Change and Time Dependence in Models of Stock Returns," Journal of Empirical Finance, Vol.6 (3), Septembe 1999, pp.283-308 (with Stanley J. Kon).
• "Sensitivity of Risk Estimates to the Return Measurement Interval Under Serial Correlation," Review of Quantitative Finance and Accounting, Vol.12(1), January 1999, pp.49-64.
• "A Reexamination of Size, Book-to-Market, and Earnings-Price in the Cross-Section of Expected Stock Returns," Journal of Financial and Quantitative Analysis, Vol.32(4), December 1997, pp.463-489.
• "Market Valuation of Joint Ventures: Joint Venture Characteristics and Wealth Gains," Journal of Business Venturing, Vol.12(2), March 1997, pp.83-108, (with Seung-Ho Park).
• "Asset Pricing Models With and Without Consumption: An Empirical Evaluation," Journal of Empirical Finance, Vol.3(3), September 1996, pp.267-301 (with Gikas A. Hardouvelis and Thierry A. Wizman).
• "Sequential Parameter Nonstationarity in Stock Market Returns," Review of Quantitative Finance and Accounting, Vol.6(2), April 1996, pp.103-131 (with Stanley J. Kon).
• "Price Volatility and Futures Margins," Journal of Futures Markets, Vol.16(1), February 1996, pp.81-111 (with Gikas A. Hardouvelis).
• "The Errors-In-Variables Problem in the Cross-Section of Expected Stock Returns," The Journal of Finance, Vol.50(5), December 1995, pp.1605-1634.
•  “Margin Requirements, Price Fluctuations and Market Participation in Metal Futures," Journal of Money, Credit, and Banking, Vol.27(3), August 1995, pp.659-671 (with Gikas Hardouvelis).
•  "On the Number of Factors and the Role of Market Returns in Linear Factor Models," Advances in Quantitative Analysis of Finance and Accounting, Vol.3 (Part A), 1995, pp.15-45 (with Cheng-few Lee).
• "Alternative Models for the Conditional Heteroscedasticity of Stock Returns," The Journal of Business, Vol.67 (4), October 1994, pp.563-598 (with Stanley J. Kon).
• "The Extent of Nonstationarity of Beta," Review of Quantitative Finance and Accounting, Vol.3 (2), June 1993, pp.241-254.
• "A Bayesian Significance Test on the Stationarity of Regression Parameters," Biometrika, Vol.78 (3), September 1991, pp.667-675.

• "차익거래 제한요인이 이익공시 후 주가지연현상에 미치는 영향," 한국증권학회지 제47권4호, 2018년 8월, pp.673-707 (이병주, 최경진 공저).
• "재무적 제약이 주가수익률에 미치는 영향," 재무연구 제30권 4호, 2017년11월, pp.395-432 (이인로공저).
• " 국내 주식시장의 부도위험 이례현상에 관한 연구," 한국증권학회지 제45권5호, 2016년12월, pp.1097-1129 (이인로공저).
• " 회계정보와 시장정보를 이용한 부도예측모형의 평가연구," 재무연구 제28권 4호, 2015년11월, pp. 625-665 (이인로 공저).  
• "일반화 군집분석법을 이용한 주식형 펀드스타일," 한국증권학회지, 제42권 3호, 2013년 7월, pp.585-617.(유신익 공저) 
• "국내 주식형 뮤추얼펀드의 스타일, 성과 및 시장예측능력에 대한 분석," 재무연구, 제24권 3호, 2012년 8월, pp.409-450.(유신익 공저) 
• "Asset Pricing Models in the Korean Markets - A Review for the Period of 1980-2009," 재무연구, 제24호 1호, 2011년2월, 2011, pp.133-159. 
• "Is Accounting Information Quality Priced in the Korean Markets?” 한국증권학회지, 제39권 1호, 2010년2월, pp.133-159.(안옥화 외 1인 공저) 
• "시장위험의 구조적 변화와 주가수익률의 결정요인에 대한 재 고찰," 증권학회지, 제33권 4호, 2004, pp.95-134. (2004년도 증권학회지 우수논문선정) 
• "Detecting Structural Shifts of the Risk-Return Tradeoff,” Journal of Economic Research, Vol.8(1), 2003, pp.21-50.