Current Projects

"Forecasting Residual lncome and Valuation," (with Louis K.C Chan, Josef Lakonishok, and Theodore Sougiannis).

"Revenue Forecasts and Analyst Reputation," (with Joseph M. Marks).

"Real Activities Management and the Cost of Debt," (with Francis C Kim and Jeong-Bon Kim).

Representative Publications

"Disappearing Internal Capital Markets: Evidence from Diversified Business Groups in Korea," (with Kwangwoo Park and Hyun·Han Shin), accepted for publication in Journal of Banking and Finance.

"Are Analysts All Alike? Identifying Earnings Forecasting Ability," (with Louis K.C. Chan, David Ikenberry, and Josef Lakonishok), Journal of lnvestment Management, Second Quarter 2008, Vol. 6·2, pp. 4·22 (lead article).

"Analyst Forecast Inefficiency in Reaction to Earnings News: Cognitive Bias vs. Economic Incentives," (with Francis C. Kim and Chris Pantzalis), presented at 2008 American Accounting Association Meeting, Anaheim.