Prof. Sung C. Bae

Bowling Green State University, USA

Professor

Email: bae@bgsu.edu

Qualifications

1987  Ph.D., Finance, University of Florida, USA
1983  M.B.A., Finance, Michigan State University, USA
1980  B.S.B.A., Business, Korea University, Korea (South)

Publications (Selected)

1. Bae, Sung C., Mingsheng Li, Jing Shi, “Heterogeneous Investor's Reaction to Exchange Rate Movement: New Evidence from a Unique Emerging Market.” Emerging Market Finance and Trade. Forthcoming.
2. Bae, Sung C., Taihyeup Yi, “Structural Breaks and the Fisher Hypothesis in Bond and Stock Markets” Applied Financial Economics 19 (2009), No. 24, 1961-1973.
3. Bae, Sung C., Mingsheng Li, Jing Shi, “Does the Law of One Price Hold Better under a Flexible Exchange System?” Journal of Multinational Financial Management 19 (2009), 306-322.
4. Bae, Sung C., “On the Interactions of Financing and Investment Decisions: Evidence from Chinese Industrial Companies.” Managerial Finance 35 (2009), No. 9, 691-699.
5. Bae, Sung C., Taek Ho Kwon, Jong Won Park, “Derivatives Trading, Volatility Spillover, and Regulation: Evidence from the Korean Securities Markets.” Journal of Futures Markets 29 (2009), No. 6, 563-597.
6. Bae, Sung C., Taek Ho Kwon, Jang W. Lee, “Corporate Diversification, Relatedness, and Firm Value: Evidence from Korean Firms.” Asia-Pacific Journal of Financial Studies 37 (2008), No. 6, 1025-1064.
7. Bae, Sung C., J.C. Bell Park, Xiaohong Wang, “Multinationality, R&D Intensity and Firm Performance: Evidence from U.S. Manufacturing Companies.” Multinational Business Review 16 (Winter 2008), No. 1, 53-77.
8. Bae, Sung C., Taek Ho Kwon, Mingsheng Li, “Foreign Exchange Exposure and Risk Premium in International Investments: Evidence from American Depositary Receipts.” Journal of Multinational Financial Management 18 (2008), 165-179.
9. Jangwoo Lee, Sung C. Bae, Taek Ho Kwon, “A Research on the Determinants of Diversification of Korean Firms around the Occasion of Asian Financial Crisis,” The Korean Journal of Financial Engineering 6 (December 2007), No.2, 275-298.
10. Bae, Sung C. and Hoje Jo, “Underwriter Warrants, Underwriter Reputation, and Growth Signaling.” Review of Quantitative Finance and Accounting 29 (August 2007), No. 2, 129-154.
11. Bae, Sung C., Taek Ho Kwon, and Jong Won Park, “KOSPI 200 Derivatives and Volatility Spillover between Stocks in the Spot Market.” The Korean Journal of Financial Engineering 6 (June 2007), No. 1, 35-68.
12. Bae, Sung C. and Hoje Jo, “Corporate Governance and Firm Performance of Highly Leveraged Transactions.” Corporate Ownership & Control 4 (Winter 2006-2007), No. 2, 170-180.
13. Bae, Sung C. and Hoje Jo, “Underwriter Warrants in Seasoned Equity Offerings: Is It Growth Signaling?” Journal of International Finance and Economics 3 (Fall 2006), No. 1, 73-91.
14. Bae, Sung C., H.S. Aldrich, and Tai Yi, “Mergers of Equals in the U.S. Banking Industry: A Performance Analysis.” Journal of Financial and Economic Practice 7 (Fall 2006), No. 1, 63-81.
15. Taek Ho Kwon, Sung C. Bae, and Jay M. Chung, “Do Foreign Investors Price Foreign Exchange Risk Differently?” Journal of Financial Research 28 (Winter 2005), No. 4, 555-573.
16. Bae, Sung C., Bell J.C. Park, and Tracy L. Wagner, “Capital Asset Management Process: The Case of Hose & Fittings Corporation,” International Journal of Managerial Finance 1 (2005), No. 3, 204-220.
17. Bae, Sung C., Taek Ho Kwon, and Jongwon Park, “Futures Trading, Spot Price Volatility, and Market Efficiency: The Case of the Korean Index Futures Markets,” Journal of Futures Markets 24 (December 2004), No. 12, 1195-1228.
18. Bae, Sung C. and Dongnyoung Kim, “The Effect of R&D Investment on Market Value of Firms: Evidence from U.S., Germany and Japan,” Multinational Business Review 11 (Winter 2003), No. 3, 51-76.
19. Bae, Sung C. and Vinod Jain, “The Effects of R&D and International Expansion on the Performance of U.S. Industrial Firms,” Corporate Finance Review 8 (July/August 2003), No. 1, pp. 28-39.
20. Bae, Sung C. and Hoje Jo, “Consolidating Corporate Control: Divisional versus Whole-Company Leveraged Buyouts,” Journal of Financial Research 25 (Summer 2002), No. 2, pp. 247-262.

Publications in Other Periodicals and Monographs:

1. Bae, Sung C., Taek H. Kwon, and Mingsheng Li, “Foreign Exchange Rate Exposure and Risk Premium in International Investments: Evidence from American Depositary Receipts.” Abstract published in the Social Science Research Network (SSRN) Electronic Library - Accepted Paper Series, Abstract No. 1021075, October 15, 2007.
2. Bae, Sung C., Young-hoon Byun, and Insup Park, A Study of Individual Retirement Systems in Korea and Management of Retirement Funds, February 2005, Institute of Banking and Finance, Myung-Ji University Press, Seoul, Korea. Korean version.
3. Kwon, Taek Ho, Sung C. Bae, and Jay M. Chung, “Do Foreign Investors Price Foreign Exchange Risk Differently?” Abstract published in the Capital Markets: Market Efficiency Accepted Paper Series, Vol. 8, No. 5: February 4, 2005.

Profile Details

Reference this profile directly: http://www.business.bgsu.edu/faculty_staff/bae