Research interests: Corporate finance and investments with primary focus on corporate investments in intangibles such as corporate innovations, corporate social responsibility, and corporate culture.



The Effect of Cultural Similarity on Mergers and Acquisitions: Evidence from Corporate Social Responsibility” (with Fred Bereskin, Seong K. Byun, and Micah S. Officer), 2018.
Journal of Financial and Quantitative Analysis 53 (5), 19952039.


Local Corporate Social Responsibility, Media Coverage, and Shareholder Value
(with Seong K. Byun), 2018. Journal of Banking and Finance 87, 6886.


Absorptive Capacity, Technology Spillovers, and the Cross-Section of Stock Returns,” 2017. Journal of Banking and Finance 85, 146164.


Working Papers

“Incremental versus Breakthrough Innovation: The Role of Technology Spillovers”
(with Seong K. Byun and Han Xia)

  • Revise and Resubmit, Management Science
  • Best Paper Award, Entrepreneurial Finance and Innovation Conference, 2015
  • Presented at Sungkyunkwan Univ. (2018), Financial Management Association (FMA) annual meeting (2016), SFA annual meeting (2015), Entrepreneurial Finance and Innovation Conference (EFIC), Brandeis IBS (2015)


“Technological Competition and the Market for Managerial Talent”
(with Fred Bereskin and Seong K. Byun)

  • Presented (by co-author) at Financial Management Association (FMA) annual meeting (2016), Midwest Finance Association (MFA) Annual Meeting (2016), Univ. of Mississippi, Univ. of Central Florida


“Strategic Information Disclosure: The Case of Pending Patents”
(with Bernhard Ganglmair)

  • Presented at Midwest Economic Theory Conference (2017), Boston Univ. (2017), Searle Center Conference on Innovation Economics (Northwestern Univ., 2015), European Economic Association (2015), IIOC (2015), Tel Aviv Univ., Haifa Univ., Bar-Ilan Univ., E.CA Economics (2014), by co-author


Strategic Employee Compensation Disclosure

  • Presented at The University of Texas at Dallas, 2015