Biography
Education
- Ph.D. in Finance, Robert H. Smith School of Business, University of Maryland, 2012
M.S. in Financial Engineering, Peter F. Drucker School of Management, Claremont Graduate University, 2006
M.S. in Computer Science and Engineering, Seoul National University, 2004
B.S. in Electrical Engineering, Seoul National University, 2001
Career
- Assistant Professor, University of Colorado, 2016-2026
Visiting Assistant Professor, Tulane University, 2015-2016
Visiting Scholar, University of Southern California, 2014-2015
Financial Economist, U.S. Securities and Exchange Commission, 2012-2014
Publications & Research
Publications (patents, etc.)
- Speculative and Informative: Lessons from Market Reactions to Speculation Cues, Review of Corporate Finance Studies, 2025
Information Disclosure and Peer Innovation: Evidence from Mandatory Reporting of Clinical Trials, Journal of Financial and Quantitative Analysis, 2025
How Do Foreign Labor Regulations Affect Firms’ Operating Strategies?, Journal of Financial and Quantitative Analysis, 2025
Investor Demand for Leverage: Evidence from Equity Closed-End Funds Review of Asset Pricing Studies, 2024
Outsourcing through Purchase Contracts and Firm Capital Structure Management Science, 2019
The Offshoring Return Premium, Management Science, 2019
The JOBS Act and the Costs of Going Public, Journal of Accounting Research, 2017
Offshore Activities and Financial vs Operational Hedging, Journal of Financial Economics, 2017
Research Areas
- Empirical Corporate Finance, Corporate Innovation, Corporate Disclosure, Textual Analysis

