Research
Research Papers
“Intended Consequences of More Frequent Portfolio Disclosure” with Koren Jo, Jaeouk Kim, and Sejin Kang, 2024, Working Paper.
“Heterogeneity and Persistence in Performance of Portfolio Managers” with Kyeongbae Kim and Jaemin Lee, 2021, Under revision.
“The Introduction of Governance Regulation on Financial Institutions and Its Effect on Firm Value” (in Korean) with Yangsoo Lee and Koren Jo, 2024, Financial Stability Studies.
“Do Prime Brokers Matter in the Search for Informed Hedge Fund Managers?” with George Aragon and Byoung-Uk Kang, 2023, Management Science, Vol. 69, no.8, pp. 4932-4952. Download
- Semifinalist for the best paper award at the 2019 FMA Annual Meeting.
“Has the Value of Cash Increased over Time?” with Boochun Jung and Duri Park, Accounting and Finance, 2020, Vol. 60, no 3, pp. 2263–2299. Download
“Capital Structure and Unemployment Risk: Evidence from Korea” (in Korean) with Jaeouk Kim, Asian Review of Financial Research, 2016, Vol. 29, no 4, pp. 437-472. Download
- Asian Review of Financial Research Best Paper Award Runner-Up, 2017
“Prime Broker-Level Comovement in Hedge Fund Returns: Information or Contagion?” with Byoung Uk Kang, Review of Financial Studies, 2016, Vol. 29, no. 12, pp. 3321-3353. Download
- Financial News & KAFA Top-Journal Award. 2016
“Pay for Performance from Future Fund Flows: The Case of Private Equity” with Berk Sensoy, Lea Stern, and Mike Weisbach, Review of Financial Studies, 2012, Vol. 25, no. 11, pp. 3259-3304. Download
- Wharton School WRDS Award for Best Empirical Finance Paper, Western Finance Association Meeting, 2011; Korea Investment & Securities Outstanding Paper at The 6th International Conference on Asia-Pacific Financial Markets, 2011; Featured in Finance and Accounting Memos, Issue 2, 2014
“Performance Persistence in Private Equity Funds,” 2012, Working Paper. Download
- Ph.D. Prize of the Coller Institute of Private Equity at London Business School, 2010; Featured in Private Equity Findings, Issue 4, Spring 2011
“Leveraged Buyouts of Private Companies,” 2011, Working Paper. Download
Book Chapters
Waterfall in Private Equity, The Palgrave Encyclopedia of Private Equity, Springer
Compensation Structure, Chapter 20 in Private Equity - Opportunities and Risks, Oxford University Press, Download