Yonsei Business Research Institute

EDUCATION

1984 Ph.D. New York University
1982 MBA New York University, Stern School of Business
1981 M.Phil. New York University, Stern School of Business
1973 BBA Yonsei University

ACADEMIC AND PROFESSIONAL EXPERIENCE

Dean,School of Business, Yonsei University, 2009-2012
Professor, School of Business, Yonsei University, 1984-present
Visiting Professor of Finance, Stern School of Business, NYU, 1998
Visiting Professor of Finance, Stern School of Business, NYU, 1987-1988
Assistant Professor, University of Southern California, 1983-1984

TEACHING INTERESTS

Corporate Finance
Finance

RESEARCH INTERESTS

Corporate Finance, Corporate Governance

SELECTED PUBLICATION

“The Structure and Formation of Business Groups: Evidence from Korean Chaebols,” (with Heitor Almeida, Marti Subrahmanyam, and Daniel Wolfenzon), Journal of Financial Economics, February 2011, V.99 No.2, pp 447-75.

“Financial Structure Does Matter for Industrial Growth: A Direct Evidence from OECD Countries,” (with Kibeom Binh and Bosung Shin), Journal of Money and Finance, March 2008.

“Financial Reform and its Impact on Corporate Organization in Korea,” in Asia Pacific Financial Deregulation, ed., Gordon de Brouwer, 1999, Routledge

"Prime Rate Changes : Is There an Advantage in Being First,"(with Prafulla Nabar and Anthony Saunders), Journal of Business, University of Chicago, January 1993.

"Option Features of Corporate Securities,"(with Marti Subrahmanyam), in Financial Options : From Theory to Practice, Dow Jones-Irwin, New York, August 1990.

"Taxes, Capital Structure, and Bondholder Clienteles,"(with Joseph Williams), Journal of Business, University of Chicago, April 1985.

PROFESSIONAL ACTIVITIES AND AWARDS

The best paper award in Corporate Finance in the Asian Finance Association-Nippon Finance Association 2008 International Conference, Yokohama, Japan, July 2008.
President, Korea Derivatives Association, 1991.1~2000.1
President,Korea Money and Finance AssociationPresident, 2006.7~2007.6
President, Securities Research Institute, 2002.4~2005.4
The best paper award in Corporate Finance in the Asian Finance Association-Nippon Finance Association 2008 International Conference, Yokohama, Japan, July 2008.