Sang Baum Kang

Illinois Institute of Technology - Stuart School of Business

Assistant Professor of Finance

565 W Adams St

Room 454

Chicago, IL

United States

SCHOLARLY PAPERS

9

DOWNLOADS

1,594

SSRN CITATIONS

7

CROSSREF CITATIONS

2

Scholarly Papers (9)

1.

Commodity Variance Risk Premia and Expected Futures Returns: Evidence from the Crude Oil Market

Number of pages: 58 Posted: 24 Jul 2013 Last Revised: 13 Aug 2015
Sang Baum Kang and Xuhui (Nick) Pan
Illinois Institute of Technology - Stuart School of Business and University of Oklahoma
Downloads 578 (89,749)
Citation 3

Abstract:

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Mean-Variance; Variance Risk Premia; Futures Return; Predictability; Crude Oil

2.

Investors’ Reaction to the Government Credibility Problem: A Real Option Analysis of Emission Permit Policy Risk

Number of pages: 44 Posted: 26 Jan 2012 Last Revised: 03 Sep 2015
Sang Baum Kang and Pascal Letourneau
Illinois Institute of Technology - Stuart School of Business and University of Wisconsin - Whitewater
Downloads 310 (184,127)
Citation 4

Abstract:

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government credibility, climate change policy, emission trading, real option, compound option, least squares Monte-Carlo simulation

3.

Co-Simulation of Risk Factors in Power Markets

Number of pages: 18 Posted: 06 Jun 2015
Jialin Zhao and Sang Baum Kang
Illinois Institute of Technology - Stuart School of Business, IIT and Illinois Institute of Technology - Stuart School of Business
Downloads 203 (279,365)
Citation 3

Abstract:

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Co-simulation, temperature, electricity load, electricity prices

4.

Green Bonds Pay When Trustworthy

KAIST College of Business Working Paper Series
Number of pages: 36 Posted: 13 May 2023 Last Revised: 30 Nov 2023
Sang Baum Kang and Jiyong Eom
Illinois Institute of Technology - Stuart School of Business and College of Business, Korea Advanced Institute of Science and Technology (KAIST)
Downloads 176 (317,405)

Abstract:

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green bond, cost of funding, green premium, transition risk

5.

ESG Practices and Corporate Financial Performance: Investigating the Mediating Role of Risk Management with Evidence from the Airline Industry

Number of pages: 48 Posted: 18 Jan 2024
Sang Baum Kang, Yao Xie and Jialin Zhao
Illinois Institute of Technology - Stuart School of Business, affiliation not provided to SSRN and Saint Mary's University of San Antonio
Downloads 105 (476,997)

Abstract:

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ESG, Corporate financial performance, Financial Risk Management

6.

The Incremental Expected Shortfall-Based Pricing: Application to a Cost-Effective Hedge of an Electricity Price-Volume Quanto Risk

Number of pages: 35 Posted: 14 Mar 2016
Sang Baum Kang, Michael Ong and Jialin Zhao
Illinois Institute of Technology - Stuart School of Business, Michael K. Ong Risk Advisory and Illinois Institute of Technology - Stuart School of Business, IIT
Downloads 97 (503,274)

Abstract:

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Hedging Evaluation, Quanto Contracts, Financial Risk Management

7.

Do the Basis and Other Predictors of Futures Return Also Predict Spot Return with the Same Signs and Magnitudes? Evidence from the LME

Number of pages: 89 Posted: 28 Jan 2019 Last Revised: 05 Mar 2021
Jian Jia and Sang Baum Kang
Illinois Institute of Technology - Stuart School of Business and Illinois Institute of Technology - Stuart School of Business
Downloads 96 (506,661)

Abstract:

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futures return predictability, spot return predictability, basis, commodity, industrial metal

8.

Exercising Real Options Sooner or Later? New Insights from Quantile-Preserving Spreads on how to Hasten or Delay Exercise

Number of pages: 50 Posted: 28 Sep 2021
Sang Baum Kang and Pascal Letourneau
Illinois Institute of Technology - Stuart School of Business and University of Wisconsin - Whitewater
Downloads 29 (876,589)

Abstract:

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Real Option, Financial Option, Exercise Probability, Quantile-preserving Spread, Stochastic Dominance, Capital Investment

9.

A New Explanation for Call Option Overpricing: Theory and Empirical Evidence

Posted: 30 Nov 2011 Last Revised: 18 Aug 2013
Sang Baum Kang
Illinois Institute of Technology - Stuart School of Business

Abstract:

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call option, mispricing, stochastic dominance bounds, heterogeneity in beliefs