Authored by
David Hwang
Title

Hyoseok (David) Hwang, Ph.D.

Placeholder for titles
Associate Professor
Content type
College of Business
Accounting and Finance Department

Contact Information

Office
Schneider Social Science Hall 300C
1702 Park Ave
Eau Claire, WI 54701
Phone
715-836-2196
Email
ID
Google Scholar CV/Resume
Education

Education

Louisiana State University 
Ph. D. in Finance
University of Nebraska
M.S. in Economics 
University of Seoul - Seoul, Korea
B.S. in Economics

Teaching and Research Interests

Teaching and Research Interests

Teaching: Corporate Finance, Financial Markets and Institutions, Investments, FinTech

Research: Corporate Governance, Mutual Funds, Class Action Lawsuits, Investment Banks

Published Research

Published Research

  1. The Predictability Implied by Consumption-Based Asset Pricing Models: A Review of the Theory and Empirical Evidence (with Jiun-Lin (Alex) Chen). 2018. Journal of Risk Model Validation 12(2), 103-128. (doi.org/10.21314/JRMV.2018.190)

  2. Informed Trading of Mutual Funds: Evidence from Fund-Underwriter Relationships. 2019. Financial Management 48(1), 311-338. (doi.org/10.1111/fima.12230)

  3. Business Cycle, Expected Return and Momentum Payoffs (with Jiun-Lin (Alex) Chen). 2019. Finance Research Letters 29, 83-89. (doi.org/10.1016/j.frl.2019.03.021)

  4. The Blind Power: Power-Driven CEO Overconfidence and M&A Decision-Making (with Hyun-Dong Kim and Taeyeon Kim). 2020. North American Journal of Economics and Finance 52. 101141. (doi.org/10.1016/j.najef.2019.101141)

  5. Changes in Trading Behavior of Analyst-Affiliated Institutions: The Impact of the Global Settlement. 2021. Financial Markets, Institutions & Instruments 30(3), 65-83. (doi.org/10.1111/fmii.12142)

  6. The Real Effects of Local Mutual Funds: Evidence from Corporate Innovation. 2023. International Review of Finance 23(2), 272-300. ( doi.org/10.1111/irfi.12398 )

  7. Do Local Investors Know More? Evidence from Securities Class Actions (with Hyun-Dong Kim and Taeyeon Kim). 2023. Journal of Banking & Finance 156. (doi.org/10.1016/j.jbankfin.2023.107008)

  8. Informed Trading of Sell-Side Analysts: Evidence from Class Action Lawsuits. 2024. Journal of Economic Analysis 3(3), 86–105. (doi.org/10.58567/jea03030005)

  9. Market Sentiment and SPACs (with Yom Bui). 2024. Applied Economics Letters, 1-6. (doi.org/10.1080/13504851.2023.2301479)

  10. The Effects of Local Shareholders on Firm Performance: Evidence from Corporate Social Responsibility (with Hyun Gon Kim). 2024.  Applied Finance Letters 13, 128-143. (doi.org/10.24135/afl.v13i.718) 

  11. Timeliness of Investor Reaction to Corporate Crypto-Asset Investment: Evidence from Types of Disclosures (with Jidong Zhang). forthcoming. Journal of Corporate Accounting and Finance. (doi.org/10.1002/jcaf.22746)

  12. Does Litigation Contingency Disclosure in Corporate Filings Matter? Evidence from Securities Class Action Lawsuits (with Zhanel DeVides). forthcoming. Managerial Finance. (doi.org/10.1108/MF-12-2023-0758)