교수소개 CNU College of Economics And Management

School of Business

Pyung Sig Yoon

  • Major

    financial management

  • Phone

    +82-42-821-5540

  • E-mail

    psyoon@cnu.ac.kr

AREAS of INTEREST
Information effects in financial markets, Risk management, Corporate Governance
EDUCATION
University of Texas, Austin, TX, Ph.D., Finance, 1993
York University, Toronto, Canada, M.B.A., 1988
Yonsei University, Seoul, Korea, B.A., Political Science, 1981
CAREER
1995 – Present Professor, Chungnam National University
2015 – Present Dean, College of Economics and Management, Graduate School of Business
2015 – 2016 Associate Dean, Graduate School of Business
2014 – 2016 Director, Management and Economics Research Institute
2011 – 2012 Visiting Professor at University of Texas-Austin
2005 – 2006 Department Chairman, Department of Business Administration
2003 – 2004 Visiting Professor at University of Texas-Austin
1993 – 1995 Lecturer, University of Texas-Austi
PAPERS (since 2013)
“Earnings Management of Firms that Issued Privately-Placed Detachable Warrant Bonds”, with S. Choi, Accounting Information Review, Vol. 36, No. 1 (2018), 35-58.
“The Effect of Short Sales around Seasoned Equity Offerings on the Offering Price”, with B. Lim, The Korean Journal of Financial Management, Vol. 35, No. 2 (2018), 1-25.
“Is it Advantageous for Managers to Announce Bad News Outside Trading Hours?”, with S. Choi and B. Lim, The Korean Journal of Financial Management, Vol. 34, No. 3 (2017), 33-59.
“Informed Trading Before Seasoned Equity Offerings”, with B. Lim, Korean Journal of Financial Studies, Vol. 46, No. 1 (2017), 133-157
“Analyst Informativeness and Investors’ Trading Behavior: Focus on IPOs”, with B. Lim and S. Park, Korean Journal of Financial Studies, Vol. 45, No. 5 (2016), 971-999.
“Returns and Discount Rates in General Public Seasoned Equity Offerings” Korean Journal of Financial Studies, Vol. 45, No. 1 (2016), 89-117
The Announcement Effects of Seasoned Equity Offerings: A Re-examination” Korean Journal of Financial Studies, Vol. 45, No. 2 (2016), 379-415.
“The Short-term and Long-term Wealth Effects of Privately-placed Detachable Bond with Warrant Issuances” Korean Journal of Financial Studies, Vol. 44, No. 3 (2015), 517-546.
“The Interaction Effects of Share Repurchase and Insider Trading” Asian Review of Financial Research, Vol. 28, No. 3 (2015), 351-384
“Problems with Privately-placed Detachable Warrant Bonds Issuance System in Korea” Korean Journal of Financial Studies, Vol. 44, No. 1 (2015), 25-51.
“The Relationship between the Discontinuation of Analysts Coverage and Firm Value”, with B. Lim, The Korean Journal of Financial Management, Vol. 32, No. 2 (2015), 171-199.
“KOSPI200 Index Inclusion and Investor’s Trading Behavior”, with B. Lim and T. Kwon, The Korean Journal of Financial Engineering, Vol. 13, No. 2 (2014), 1-29.
“Does Corporate Governance Affect the Profitability of Insider Trading?” The Korean Journal of Financial Management, Vol. 30, No. 2 (2013), 169-201.
SCI papers
"Signalling, Investment Opportunities, and Dividend Announcements," with Laura Starks, Review of Financial Studies 8 (1995), 995-1018.
"Relative Importance of Competition and Contagion in Intraindustry Information Transfers: An Investigation of Dividend Announcement," with Paul Laux and Laura Starks, Financial Management 27 (1998 Autumn), 5-16.
BOOKS
"Signalling, Investment Opportunities, and Dividend Announcements," in Empirical Corporate Finance Volume I, edited by Michael Brennan, The International Library of Critical Writings in Financial Economics, An Elgar Reference Collection, 2001, 401-436.
Investments, Tamjin Publishing Co., 2014
Principles of Derivatives, Tamjin Publishing Co., 2011
Risk Management in Financial Companies: Theory and Practice, Tamjin Publishing Co., 2010
Arbitrage, Chungnam National University Press, 2009
Financial Management: Concepts Principles and Practice, Tamjin Publishing Co., 2008
Bonds: Valuation and Investment strategies, Tamjin Publishing Co., 2008
Financial Management, Tamjin Publishing Co., 2007
Fixed Income Securities, Tamjin Publishing Co., 2001
Market Risk Management in Financial Institutions, Korea Bank Institute, 2000