세미나

2018년 7월 24일
45

[Research Seminar 2018.07.23]Going Public through Mergers with SPACs

Kyojik “Roy” Song(Professor of Finance) SungKyunkwan University   Abstract: In this study, we investigate the determinant of Korean firms’ choice to merge with SPACs and their performance. We find that private operating firms with larger controlling shareholders’ ownership merge with SPACs rather than take the conventional IPO route to go […]
2018년 7월 20일
1234

[Research Seminar 2018.07.18]The First Option Effect: The First-As-Recommended Inference on Menu Choice

Jung Keun Kim, Senior Lecturer Auckland University of Technology     Abstract: The present research suggests that consumers possess position-based beliefs about menu layout, and use them strategically in making a food choice. We propose that consumers generally believe that the option listed at the first of the menu as […]
2018년 7월 2일
12

[Research Seminar 2018.06.29]Do Clawback Adoptions Influence Capital Investment Mix?

Jeong Hwan Joo The University of Hong Kong   Abstract: We present evidence that clawback provision adoptions influence capital investment mix and efficiency consistent with managerial compensation incentives. Specifically, using a propensity-matched sample of 346 voluntary clawback adoptions, we find that for firms with higher proportions of performance-linked annual pay, […]
2018년 6월 8일
23

[Research Seminar 2018.06.07]CEO Lifetime Work Experiences

    Abstract: Corporate America managers are heterogenous with respect to their experiences, skill sets, and management styles. In this study, we explore CEO lifetime experiences to explain stock price crash risk. Following methodology by Custodio, Ferreira, and Matos (2013), our results show that those CEOs with diverse backgrounds from […]