Dr. Yoon S. Shin

Associate Professor of Finance



Sellinger Hall 212

Academic Degrees

Ph D, University of South Carolina.
MS, Texas A&M University.
BBA, Kookmin University.

Representative Publications

"Unsolicited Versus Solicited: Credit Ratings and Bond Yields," Co-authored with S. Han, W. Moore, and S. Yi, 2012, Journal of Financial Services Research, Forthcoming

"Rating Agency Reputation, the Global Financial Crisis, and the Cost of Debt," Co-authored with S. Han and M. Pagano, Volume 41 (4), 2012, Financial Management, pp. 849-884

"Information Content of Unsolicited Credit Ratings: Evidence from Japanese Firms," Co-authored with S. Byoun, Volume 42 (1), 2012, Asia-Pacific Journal of Financial Studies, pp. 59-86

"Analysis of Unsolicited Credit Ratings in Japan: New Evidence from Moody's," Co-authored with Lisa Fairchild and Susan Flaherty, Volume 12 (1), 2009, Review of Pacific Basin Financial Markets and Policies, pp. 103-123

"Market Segmentation Effects in Corporate Credit Rating Changes: The Case of Emerging Markets," Co-authored with William T. Moore, Seung H. Han, and Walter Reinhart, volume 35 (2), 2009, Journal of Financial Services Research, pp. 142-167

"Effects of National Recognition on the Influence of Credit Rating Agencies: The Case of Dominion Bond Rating Service," Co-authored with William T. Moore, Volume 20 (2), 2008, Financial Decisions, pp. 1-28

"Reactions of Japanese Markets to Changes in Credit Ratings by Global and Local Agencies," Co-authored with William T. Moore and Joanne Li, Volume 30, 2006, Journal of Banking & Finance, pp. 1007-1021

Awards and Honors

2009 STAR Award in Outstanding Research, The Sellinger School of Business and Management, Loyola University Maryland

Speaker of the 2009 Dean's Research Symposium, Loyola University Maryland

2005 Board of Sponsors Research Paper of the Year, The Sellinger School of Business & Management, Loyola University Maryland

2003 FMA (Financial Management Association) International Best Paper Award in the area of Fixed Income Research