Home > By Name > Professor > Kenneth A. Kim
Kenneth A. Kim
Department: Economics and Finance
kenneth@tongji.edu.cn
1992.9-1997.5, PhD in Finance,College of Business, University of Rhode Island
1990.9-1992.6, MBA, School of Business, University of Detroit
1986.9-1990.5, BA in Economics, University of Michigan Ann Arbor
Primary Academic Work Experience
2015.9---present, School of Economics and Management, Tongji University, Professor
2011.9---2015.9 , School of Business, Renmin University of China, Professor
2002.9---2011.9, School of Management, State University of New York at Buffalo, Associate Professor (2007.9-2011.9), Assistant Professor (2002.9-2007.9)
1997.9---2002.9, School of Business, University of Wisconsin-Milwaukee, Assistant Professor
Overseas Industry Experience
2006---present, EQIS Capital, Chief Financial Strategist (2014.3-present), Business & Investment Advisory Board Member (2006-2014)
2015.9---present, Forbes.com, Contributor (bi-weekly)
2006---2009, Securities Litigation& Consulting Group, Special Consultant
2005---2006, Nexus Advisors, Consultant
2003---2004, CFA Institute (formerly AIMR), Consultant
2002.5, South East Asian Central Bank, Consultant
2001---2004, Kuala Lumpur Stock Exchange, Academic Consultant
2002---2002, University of Wisconsin Credit Union, Director
1998.6---1999.6, Office of Economic Analysis, U.S. Securities & Exchange Commission, Senior Financial Economist
1992---1995, Pacific–Basin Capital Markets (PACAP) Research Center, Coordinator and Research Assistant
Academic Directorships
2012---2015, Korean-American Finance Association (KAFA), Director
2009---2012, Eastern Finance Association (EFA), Director
Other Academic Appointments
2011.4, School of Law, Chinese University of Hong Kong, Corporate Law Scholars Interest Group (CoSIG) Visiting Scholar
2009.1---2009.5, School of Business, Wayne State University, Visiting Associate Professor
2007.1---2007.5, School of Business, University of Michigan, Ann Arbor, Visiting Assistant Professor
2002.7, Center for International Research on Japanese Economy (CIRJE), University of Tokyo, Visiting Scholar
2002.6, School of Accountancy, Hong Kong Polytechnic University, Visiting Scholar
2015.9---2015.12, Case Western Reserve University, Adjunct
2006---2013, Singapore Institute of Management, Adjunct
2013.3, Shanghai Jiaotong University (SAIF), Adjunct
2011.7, 2010.7, Shanghai Jiaotong University (Antai), Adjunct
2009.5, Renmin University, Adjunct
2009.5, Nanjing University, Adjunct
2002.4, University of Santa Maria, Ecuador, Adjunct
2001.6, Asian University of Science & Technology, Thailand, Adjunct
2000.6, Yonsei University, Korea, Adjunct
1998.9---1998.12, Georgetown University, Adjunct
1994---1996, University of Rhode Island, Lecturer
Research and Teaching Field
Corporate Finance, Corporate Governance, Capital Markets, Behavioral Finance, International Finance, China
"Corporate governance in China: A survey," 2020, with F. Jiang, Review of Finance, forthcoming.
"Corporate finance, financial institutions, and financial markets in China," 2019, with F. Jiang and Z. Jiang, Journal of Corporate Finance, forthcoming.
"Corporate culture and investment-cash flow sensitivity," 2019, with F. Jiang, Y. Ma, J. Nofsinger, and B. Shi, Journal of Business Ethics 154, 425-439.
"Bank competition and leverage adjustments," 2017, with F. Jiang, Z. Jiang, J. Huang, and J.R. Nofsinger, Financial Management 46, 995-1022.
"A pecking order of shareholder structure," 2017, with F. Jiang, J.R. Nofsinger, and B. Zhu, Journal of Corporate Finance 44, 1-14.
"Product market competition and corporate investment," 2015, with F. Jiang, J.R. Nofsinger, and B. Zhu, Journal of Corporate Finance 35, 196-210.
"Family-firms risk-taking: Does religion matter?" 2015, with F. Jiang, Z. Jiang, and M. Zhang, Journal of Corporate Finance 33, 260-278.
"Corporate governance in China: A modern perspective," 2015, with F. Jiang, Journal of Corporate Finance 32, 190-216.
"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.
"Share repurchases, catering, and dividend substitution," 2013, with Z. Jiang, E. Lie, and S. Yang, Journal of Corporate Finance 21, 36-50.
"Reevaluating price limit effectiveness," 2013, with H. Liu and J.J. Yang, Journal of Financial Research 36, 493-518.
"Financial management in China," 2013, with Z. Jiang, Journal of Multinational Financial Management 23, 125-133.
"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.
"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.
"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.
"Why do price limits exist in stock markets? A manipulation–based explanation," 2010, with J. Park, European Financial Management 16, 296-318.
"On the predictability of Chinese stock returns," 2010, with X. Chen, T. Yao, and T. Yu, Pacific–Basin Finance Journal 18, 403-425.
"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.
"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.
"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.
"Behavioral finance in Asia," 2008, with J.R. Nofsinger, Pacific–Basin Finance Journal 16, 1-7.
"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.
"Behavior of Japanese individual investors during bull and bear markets," 2007, with J.R. Nofsinger, Journal of Behavioral Finance 8, 138-153.
"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.
"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.
"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.
"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.
"Institutional herding, business groups, and economic regimes: Evidence from Japan," 2005, with J.R. Nofsinger, Journal of Business 78, 213–242.
"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.
"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.
"The puzzling increase in the underpricing of seasoned equity offerings," 2004, with H-H Shin, Financial Review 39, 343–365.
"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.
"Initial margin requirements, volatility, and the individual investor: Insights from Japan," 2002, with H.R. Oppenheimer, Financial Review 37, 1–16.
"Price limits and stock market volatility," 2001, Economics Letters 71, 131–136.
"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.
"Taxes and firm size in Pacific–Basin emerging economies," 1998, with P. Limpaphayom, Journal of International Accounting, Auditing & Taxation 7, 47–68.
"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.
"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.
"Price limit performance: Evidence from the Tokyo Stock Exchange," 1997, with S.G. Rhee, Journal of Finance 52, 885–901.
Corporate Governance, Western Theory and China Practice, Jiang Fuxiu,Kenneth A. Kim,Wang Yuntong, Peking University Press, 2016.
Editorial Appointments
2015---present, Journal of Financial Research, Associate Editor
2015---present, Finance Research Letters, Associate Editor
2015---present, Journal of Corporate Finance, Associate Editor
2013---present, Frontiers of Business Research in China, Editorial Board Member
2013---present, Journal of Behavioral and Experimental Finance, Editorial Board Member
2003---present, Sasin Journal of Management, Editorial Board Member
2010---2014, North Korean Review, Editorial Board Member
2000---2009, Multinational Business Review, Editorial Board Member
2004---2007, Journal of International Business Studies, Editorial Board Member
2013---2014, Journal of Corporate Finance, Co-Editor of Special Issue on Corporate Governance in China
2012---2013, Journal of Multinational Financial Management, Co-Editor of Special Issue on Financial Management in China
2005---2007, Pacific-Basin Finance Journal, Co–Editor of Special Issue on Behavioral Finance in Asia