Hyunseob Kim

Biography

Professor Hyunseob Kim is an assistant professor of finance at the Johnson Graduate School of Management. His research covers topics in corporate finance, governance, and labor economics, such as the effects of asset and labor market frictions on corporate financial and investment policies and the effects of corporate governance, financial distress, and labor contracts on productivity, wages, and asset reallocations. His work has been published in leading academic journals in finance and economics, such as the Journal of Financial Economics, Review of Financial Studies, and the National Tax Journal. He received the Michael J. Brennan Best Paper Award from the Review of Financial Studies and the SFS Finance Cavalcade Award for Best Paper in Corporate Finance from the Society for Financial Studies. Professor Kim earned his PhD in business administration (finance) from Duke University, an AM in statistics from Harvard University, and a BBA in business administration from Seoul National University.

Selected Publications

• Kim, Hyunseob. "How Does Labor Market Size Affect Firm Capital Structure? Evidence from Large Plant Openings" Journal of Financial Economics. (forthcoming).
• Graham, John; Kim, Hyunseob; Leary, Mark. "CEO-Board Dynamics" Journal of Financial Economics. (forthcoming).
• Kim, Hyunseob; Kung, Howard. "The Asset Redeployability Channel: How Uncertainty Affects Corporate Investment" Review of Financial Studies. 30.1 (2017): 245-280
• Brav, Alon; Jiang, Wei; Kim, Hyunseob. "Recent Advances in Research on Hedge Fund Activism: Value Creation and Identification" Annual Review of Financial Economics. 7 (2015): 579-595
• Brav, Alon; Jiang, Wei; Kim, Hyunseob. "The Real Effects of Hedge Fund Activism: Productivity, Asset Allocation, and Labor Outcomes" Review of Financial Studies. 28.10 (2015): 2723-2769
• Brav, Alon; Jiang, Wei; Kim, Hyunseob. "Hedge Fund Activism" Research Handbook on Hedge Funds, Private Equity and Alternative Investments, Ed. Phoebus Athanassiou. Edward Elgar Publishing Ltd.. (2012): 23pp
• Brav, Alon; Jian, Wei; Kim, Hyunseob. "Hedge Fund Activism: A review" Foundations and Trends in Finance. 4.3 (2010): 185-246
• Graham, John; Kim, Hyunseob. "The Effects of the Length of the Tax-Loss Carryback Period on Tax Receipts and Corporate Marginal Tax Rates" National Tax Journal, Ed. William Gentry, Ed. George Zodrow. 62.3 (2009): 413-427

Awards and Honors

• Smith Family Business Research Pioneer Fund (2018) SFBI, Johnson School of Management
• Michael J. Brennan Best Paper Award (2016)
• Smith Family Business Research Pioneer Fund (2015) Johnson School of Management
• Best Paper in Corporate Finance Award (2014) SFS Finance Cavalcade 2014
• FSA ULaval Best Paper Award on Corporate Finance (2013) NFA 2013

Recent Courses

• NMI 5000 - Directed Reading and Research
• NBA 6060 - Evaluating Capital Investment Projects
• NBA 6560 - Valuation Principles
• NBAY 6560 - Valuations

Academic Degrees

• PhD Duke University, 2012
• MA Harvard University, 2007
• BBA Seoul National University, 2002