Kenneth A. Kim

Kenneth A. Kim

教授,经济与金融系

+86-21-65988455

kennethakim@gmail.com

研究领域:公司财务、公司治理;资本市场;行为金融学、国际金融

1992.9-1997.5  金融博士学位,商学院,美国罗德岛州大学

1990.9-1992.6  MBA,商学院,底特律大学

1986.9-1990.5  经济硕士学位,美国密歇根大学安娜堡分校

  • “Price limit performance: Evidence from the Tokyo Stock Exchange,” 1997, with S.G. Rhee, Journal of Finance 52, 885–901.
  • “The effect of economic regimes on the relation between the term structure and real activity in Japan,” 1997, with P. Limpaphayom, Journal of Economics and Business 49, 379–392.
  • “A test of the two–tier corporate governance structure: The case of Japanese keiretsu,” 1998, with P. Limpaphayom, Journal of Financial Research 21, 37–51.
  • “Taxes and firm size in Pacific–Basin emerging economies,” 1998, with P. Limpaphayom, Journal of International Accounting, Auditing & Taxation 7, 47–68.
  • “Characteristics of stocks that frequently hit price limits: Empirical evidence from Taiwan and Thailand,” 2000, with P. Limpaphayom, Journal of Financial Markets 3, 315–332.
  • “Price limits and stock market volatility,” 2001, Economics Letters 71, 131–136.
  • “Is managerial equity ownership an alternative governance mechanism for Japanese firms?” 2001, with S.P. Ferris and P. Kitsabunnarat, Advances in Financial Economics 6, 39–63.
  • “Initial margin requirements, volatility, and the individual investor: Insights from Japan,” 2002, with H.R. Oppenheimer, Financial Review 37, 1–16.
  • “The costs (and benefits?) of diversified business groups: The case of Korean chaebols,” 2003, with S.P. Ferris and P. Kitsabunnarat, Journal of Banking and Finance 27, 275–297.
  • “Bank stock returns, interest rate changes, and the regulatory environment: New insights from Japan,” 2003, with J.P. Broussard and P. Limpaphayom, in: J.J. Choi and T. Hiraki (Eds.), The Japanese Finance: Corporate Finance and Capital Markets in Changing Japan, pp. 283–306, North–Holland, Amsterdam.
  • “The puzzling increase in the underpricing of seasoned equity offerings,” 2004, with H-H Shin, Financial Review 39, 343–365.
  • “Ownership and operating performance in an emerging market: Evidence from Thai IPO firms,” 2004, with P. Kitsabunnarat and J.R. Nofsinger, Journal of Corporate Finance 10, 355–381.
  • “Japanese securities firms, business corporations, and financial institutions: A comparison of their investing behavior,” 2004, with J.R. Nofsinger, in: J.P.H. Fan, J. Teranishi, and M. Hanazaki (Eds.), Designing Financial Systems in East Asia and Japan, pp. 112–120, Routledge Publishers, U.K.
  • “A note on price limit performance: The case of illiquid stocks,” 2005, with G-M Chen and O.M. Rui, Pacific–Basin Finance Journal 13, 81–92.
  • “Institutional herding, business groups, and economic regimes: Evidence from Japan,” 2005, with J.R. Nofsinger, Journal of Business 78, 213–242.
  • “Price limit performance: Evidence from transactions data and the limit order book,” 2005, with S-H Chan and S.G. Rhee, Journal of Empirical Finance 12, 269–290.
  • “Liquidity and quote clustering in a market with multiple tick sizes,” 2005, K.H. Chung and P. Kitsabunnarat, Journal of Financial Research 28, 177–195.
  • “Trading performance, disposition effect, overconfidence, representativeness bias, and experience of emerging market investors,” 2007, with G-M Chen, J.R. Nofsinger, and O.M. Rui, Journal of Behavioral Decision Making 20, 425-451.
  • “Large shareholder monitoring and regulation: The Japanese banking experience,” 2007, with S-H Lee and S.G. Rhee, Journal of Economics and Business 59, 466-486.
  • “Behavior of Japanese individual investors during bull and bear markets,” 2007, with J.R. Nofsinger, Journal of Behavioral Finance 8, 138-153.
  • “Managerial power in the design of executive compensation: Evidence from Japan,” 2007, with S.P. Ferris, P. Kitsabunnarat, and T. Nishikawa, Advances in Financial Economics 12, 3-26.
  • “Large shareholders, board independence, and minority shareholder rights: Evidence from Europe,” 2007, with P. Kitsabunnarat and J.R. Nofsinger, Journal of Corporate Finance 13, 859-880.
  • “Behavioral finance in Asia,” 2008, with J.R. Nofsinger, Pacific–Basin Finance Journal 16, 1-7. “A test of the representativeness bias effect on stock prices: A study of Super Bowl commercial likeability,” 2009, with C. Chang and J. Jiang, Economics Letters 103, 49-51.
  • “The effect of cross-listing on corporate governance: A review of the international evidence,” 2009, with S.P. Ferris and G. Noronha, Corporate Governance: An International Review 17, 338-352.
  • “On the relation between intellectual collaboration and intellectual output: Evidence from the finance academe,” 2009, with K.H. Chung and R.A.K. Cox, Quarterly Review of Economics and Finance 49, 893-916.
  • “On the predictability of Chinese stock returns,” 2010, with X. Chen, T. Yao, and T. Yu, Pacific–Basin Finance Journal 18, 403-425.
  • “Why do price limits exist in stock markets? A manipulation–based explanation,” 2010, with J. Park, European Financial Management 16, 296-318.
  • “Reaching for the stars: The appointments of celebrities to corporate boards,” 2011, with S.P. Ferris, T. Nishikawa, and E. Unlu, International Review of Economics 58, 337-358.
  • “The effects of bank relations on stock repurchase decisions: Evidence from Japan,” 2011, with J-K Kang, P. Kitsabunnarat, and T. Nishikawa, Journal of Financial Intermediation 20, 94-116.
  • “The effects of R&D expenditures on bondholders,” 2012, with Z. Jiang and C. Shen, Advances in Financial Economics 15, 127-148.
  • “Appointments of outsiders as CEOs, state-owned enterprises, and firm performance: Evidence from China,” 2013, with F. Jiang and J. Huang, Pacific–Basin Finance Journal 23, 49-64.
  • “Financial management in China,” 2013, with Z. Jiang, Journal of Multinational Financial Management 23, 125-133.
  • “The increase in CEO pay after large investments: Is it purely rent extraction?” 2013, with Z. Jiang and Y. Zhang, Advances in Financial Economics 16, 1-42.
  • “Reevaluating price limit effectiveness,” 2013, with H. Liu and J.J. Yang, Journal of Financial Research36, 493-518.
  • “Share repurchases, catering, and dividend substitution,” 2013, with Z. Jiang, E. Lie, and S. Yang, Journal of Corporate Finance 21, 36-50.
  • “The effects of corporate bailout on firm performance: International evidence,” 2014, with Z. Jiang and H. Zhang, Journal of Banking and Finance 43, 78-96.
  • “Corporate governance in China: A modern perspective,” 2015, with F. Jiang, Journal of Corporate Finance 32, 190-216.
  • “Family-firms risk-taking: Does religion matter?” 2015, with F. Jiang, Z. Jiang, and M. Zhang, Journal of Corporate Finance, forthcoming.
  • “Product market competition and corporate investment,” 2015, with F. Jiang, J.R. Nofsinger, and B. Zhu, Journal of Corporate Finance, forthcoming.
  •   “Corporate Culture and Investment–Cash Flow Sensitivity”2017,with F Jiang, Y Ma, JR Nofsinger, and B Shi, Journal of Business Ethics 6,1-15. 
  • “Bank competition and leverage adjustments”2017, with F Jiang, Z Jiang, J Huang, and JR Nofsinger, Financial Management 43(6). 
  • “A pecking order of shareholder structure”2017, with F Jiang, JR Nofsinger, and B Zhu, Journal of Corporate Finance 44, 1-14. 
  • 《公司治理:西方理论与中国实践》2016,姜付秀,Kenneth A. Kim,王运通,北京大学 出版社. 

主要学术工作经历

2015.9—目前,经济管理学院,同济大学教授

2011.9—2015.9,商学院,中国人民大学教授

2002.9—20011.9,管理学院,美国纽约州立大学布法罗分校副教授(2007.9-2011.9),助理教授(2002.9-2007.9)

1997.9—2002.9,商学院,威斯康星—密尔沃基大学,助理教授;

海外行业经验

2006---2014年,EQIS资本,首席金融分析师(2014.3-至今),商业及投资顾问委员会成员(2006-2014)

2015.9 ---目前,福布斯、贡献者(双周刊)

2006--- 2009,证券诉讼和咨询公司,特别顾问

2005--- 2006,Nexus顾问

2003 --- 2004,特许金融分析师协会(前身为AIMR),顾问

2002.5,东南亚央行顾问

2001--- 2004,吉隆坡股票交易所,学术顾问

2002--- 2002,美国威斯康星大学的信用社主任

1998.6 --- 1999.6,经济分析,美国证券交易委员会,高级金融经济学家办公室

1992--- 1995,太平洋盆地资本市场(PACAP)研究中心,协调和研究助理

学术董事职务

2012---2015,美韩金融协会 (KAFA),董事

2009---2012,东部金融协会 (EFA),董事     

其他学术任命                               

2011.4,香港大学法学院,企业法学者兴趣小组(CoSIG),访问学者

2009.1 --- 2009.5,商学院,韦恩州立大学,客座副教授

2007.1 --- 2007.5,商学院,密歇根大学安娜堡分校,客座助理教授

2002.7,东京大学日本经济国际研究中心(CIRJE),访问学者

2002.6,会计学院,香港理工大学,访问学者

2015.9 --- 2015.12,凯斯西储大学,助理

2006--- 2013,新加坡管理研究所,助理

2013.3,上海交通大学(SAIF),助理

2011.7-2010.7,上海交通大学(安泰),助理

2009.5,人民大学,助理

2009.5,南京大学,助理

2002.4,圣玛丽亚大学,厄瓜多尔,助理

2001.6,亚洲科技大学,泰国,助理

2000.6,韩国延世大学,助理

1998.9 --- 1998.12,乔治城大学,助理

1994--- 1996,罗得岛大学,讲师

编辑任命

2015年---目前,Journal of Financial Research,副主编

2015年---目前,Finance Research Letters,副主编

2014年---目前,Journal of Corporate Finance,特设副主编

2013 ---目前,中国企业研究前沿,编委会成员

2013 ---目前,Journal of Behavioral and Experimental Finance,编委会成员

2003 ---目前,Sasin Journal of Management,编委会成员

2010 --- 2014,North Korean Review,编委会成员

2000 --- 2009,Multinational Business Review,编委会成员

2004--- 2007,Journal of International Business Studies,编委会成员

2013-2014,Journal of Corporate Finance,中国金融管理特刊合作编辑

2012-2013,Journal of Multinational Financial Management,中国财务管理特刊合作编辑