Hayong Yun

Michigan State University - Department of Finance

645 N Shaw Lane, Room 339

East Lansing, MI 48824-1122

United States

http://https://sites.google.com/site/hayongy/

SCHOLARLY PAPERS

17

DOWNLOADS
Rank 10,721

SSRN RANKINGS

Top 10,721

in Total Papers Downloads

6,348

SSRN CITATIONS
Rank 8,127

SSRN RANKINGS

Top 8,127

in Total Papers Citations

97

CROSSREF CITATIONS

62

Scholarly Papers (17)

1.
Downloads 1,402 ( 19,386)
Citation 9

Matching Bankruptcy Laws to Legal Environments

Number of pages: 33 Posted: 04 Nov 2004
Kenneth Ayotte and Hayong Yun
University of California, Berkeley - School of Law and Michigan State University - Department of Finance
Downloads 1,402 (19,019)
Citation 9

Abstract:

Loading...

Bankruptcy, investor protection, law and finance

Matching Bankruptcy Laws to Legal Environments

The Journal of Law, Economics, & Organization, Vol. 25, Issue 1, pp. 2-30, 2009
Posted: 13 Apr 2009
Kenneth Ayotte and Hayong Yun
University of California, Berkeley - School of Law and Michigan State University - Department of Finance

Abstract:

Loading...

2.

Risk Management and Firm Value: Evidence from Weather Derivatives

AFA 2010 Atlanta Meetings Paper
Number of pages: 49 Posted: 11 Mar 2009 Last Revised: 20 Mar 2015
Francisco Perez-Gonzalez and Hayong Yun
National Bureau of Economic Research (NBER) and Michigan State University - Department of Finance
Downloads 888 (37,588)
Citation 36

Abstract:

Loading...

risk management, hedging, derivatives, firm value, capital structure, debt policy, weather risk

The Choice of Corporate Liquidity and Corporate Governance

Number of pages: 48 Posted: 06 Mar 2006
Hayong Yun
Michigan State University - Department of Finance
Downloads 761 (45,688)
Citation 28

Abstract:

Loading...

corporate liquidity, corporate governance, cash holdings, lines of credit

The Choice of Corporate Liquidity and Corporate Governance

The Review of Financial Studies, Vol. 22, Issue 4, pp. 1447-1475, 2009
Posted: 23 Mar 2009
Hayong Yun
Michigan State University - Department of Finance

Abstract:

Loading...

G32, G34

Negative Hedging: Performance Sensitive Debt and CEOs' Equity Incentives

Number of pages: 43 Posted: 21 Aug 2007 Last Revised: 11 Dec 2007
Alexei Tchistyi, David Yermack and Hayong Yun
Cornell SC Johnson College of Business, New York University (NYU) - Stern School of Business and Michigan State University - Department of Finance
Downloads 296 (142,342)
Citation 4

Abstract:

Loading...

Performance sensitive debt; equity compensation

Negative Hedging: Performance Sensitive Debt and CEOs' Equity Incentives

NYU Working Paper No. FIN-07-043
Number of pages: 54 Posted: 13 Nov 2008 Last Revised: 23 Sep 2009
Alexei Tchistyi, David Yermack and Hayong Yun
Cornell SC Johnson College of Business, New York University (NYU) - Stern School of Business and Michigan State University - Department of Finance
Downloads 184 (225,373)
Citation 5

Abstract:

Loading...

Performance sensitive debt, equity compensation

5.
Downloads 472 ( 85,028)
Citation 9

Electricity Consumption and Asset Prices

Number of pages: 57 Posted: 15 May 2010 Last Revised: 27 Sep 2010
Zhi Da and Hayong Yun
University of Notre Dame - Mendoza College of Business and Michigan State University - Department of Finance
Downloads 330 (126,974)
Citation 10

Abstract:

Loading...

Consumption-based Capital Asset Pricing Model (CCAPM), electricity consumption, return predictability.

Electricity Consumption and Asset Prices

Number of pages: 51 Posted: 15 Mar 2011
Zhi Da and Hayong Yun
University of Notre Dame - Mendoza College of Business and Michigan State University - Department of Finance
Downloads 142 (280,243)
Citation 2

Abstract:

Loading...

Consumption-based Capital Asset Pricing Model (CCAPM), electricity consumption, return predictability

6.

Liquidity Backstop, Corporate Borrowings, and Real Effects

Number of pages: 52 Posted: 18 Jun 2009 Last Revised: 30 Jun 2012
Pengjie Gao and Hayong Yun
University of Notre Dame - Mendoza College of Business and Michigan State University - Department of Finance
Downloads 472 (85,028)
Citation 2

Abstract:

Loading...

public liquidity, commercial paper, real effects, financial crisis, transmission channel.

7.

A Wolf in Sheep's Clothing: The Use of Ethics-Related Terms in 10-K Reports

Number of pages: 26 Posted: 21 Aug 2007
Tim Loughran, Bill McDonald and Hayong Yun
University of Notre Dame, University of Notre Dame - Mendoza College of Business - Department of Finance and Michigan State University - Department of Finance
Downloads 435 (93,448)
Citation 11

Abstract:

Loading...

ethics, 10-K filings

8.

Passive Shareholders as a Takeover Defense

Swiss Finance Institute Research Paper No. 10-56
Number of pages: 47 Posted: 02 Feb 2011 Last Revised: 16 Mar 2011
University of Illinois at Chicago, University of Notre Dame - Mendoza College of Business, University of Zurich - Department of Banking and Finance and Michigan State University - Department of Finance
Downloads 278 (152,524)
Citation 4

Abstract:

Loading...

Mergers and Acquisitions, Ownership Structure and Corporate Governance

9.

Fiscal Policy, Consumption Risk, and Stock Returns: Evidence from US States

Number of pages: 44 Posted: 14 Mar 2012 Last Revised: 03 Jun 2016
Zhi Da, Mitch Warachka and Hayong Yun
University of Notre Dame - Mendoza College of Business, Chapman University - The George L. Argyros School of Business & Economics and Michigan State University - Department of Finance
Downloads 264 (160,785)
Citation 2

Abstract:

Loading...

Fiscal Policy, Consumption, Stock Returns

10.

Family Feud: Succession Tournaments and Risk-taking in Family Firms

11th Annual Mid-Atlantic Research Conference in Finance (MARC)
Number of pages: 68 Posted: 14 Dec 2015 Last Revised: 14 May 2022
Jongsub Lee, Hojong Shin and Hayong Yun
Seoul National University, California State University, Long Beach and Michigan State University - Department of Finance
Downloads 192 (217,091)
Citation 1

Abstract:

Loading...

succession tournaments, business group, risk shifting, family composition, sons, daughters, sons-in-law, sudden death of a group chairman, inheritance law

Insurance Companies and the Propagation of Liquidity Shocks to the Real Economy

Number of pages: 72 Posted: 26 Aug 2020 Last Revised: 12 Jun 2021
Yubo Liu, Stefano Rossi and Hayong Yun
Xiamen University, Bocconi University and Michigan State University - Department of Finance
Downloads 168 (243,746)

Abstract:

Loading...

insurance companies, market liquidity, natural disasters, fire sales, reinsurance, public and private investment

Insurance Companies and the Propagation of Liquidity Shocks to the Real Economy

CEPR Discussion Paper No. DP16322
Number of pages: 125 Posted: 14 Jul 2021
Yubo Liu, Stefano Rossi and Hayong Yun
Xiamen University, Bocconi University and Michigan State University - Department of Finance
Downloads 0
  • Add to Cart

Abstract:

Loading...

12.

Liquidity Backstop, Corporate Borrowings, and Real Effects

AFA 2013 San Diego Meetings Paper
Number of pages: 69 Posted: 16 Mar 2012 Last Revised: 14 Aug 2013
Pengjie Gao and Hayong Yun
University of Notre Dame - Mendoza College of Business and Michigan State University - Department of Finance
Downloads 166 (245,946)
Citation 9

Abstract:

Loading...

public liquidity, commercial paper, financial crisis, government intervention

Financial Reform and Public Good Provision: Municipal Bankruptcy Law and the Financing of Hospitals

Number of pages: 54 Posted: 04 Dec 2015 Last Revised: 19 Oct 2021
Stefano Rossi and Hayong Yun
Bocconi University and Michigan State University - Department of Finance
Downloads 108 (343,204)
Citation 2

Abstract:

Loading...

bankruptcy, Chapter 9, municipal bonds, hospitals

What Drives Financial Reform? Economics and Politics of the State-Level Adoption of Municipal Bankruptcy Laws

CEPR Discussion Paper No. DP10984
Number of pages: 53 Posted: 16 Dec 2015
Stefano Rossi and Hayong Yun
Bocconi University and Michigan State University - Department of Finance
Downloads 1 (914,453)
  • Add to Cart

Abstract:

Loading...

bankruptcy, Chapter 9, judicial efficiency, labor union, municipal bonds

14.

The Full Story of Runs

Number of pages: 59 Posted: 25 May 2017 Last Revised: 06 Dec 2017
Jun Kyung Auh, Jun Kyung Auh and Hayong Yun
Georgetown University - Department of FinanceYonsei University - School of Business and Michigan State University - Department of Finance
Downloads 106 (345,361)

Abstract:

Loading...

Bank Run, Collateral Requirement, Lending Relationship

Executive Compensation in a Changing Environment: Cautious Investors and Sticky Contracts

Number of pages: 67 Posted: 15 Mar 2012
University of Notre Dame, Georgia State University - Risk Management & Insurance Department and Michigan State University - Department of Finance
Downloads 60 (485,848)

Abstract:

Loading...

executive compensation, optimal contracts, moral hazard, strategic experimentation

Executive Compensation in a Changing Environment: Cautious Investors and Sticky Contracts

Number of pages: 67 Posted: 21 Dec 2011
University of Notre Dame, Georgia State University - Risk Management & Insurance Department and Michigan State University - Department of Finance
Downloads 44 (557,969)
Citation 2

Abstract:

Loading...

16.

Lottery Tax Windfalls, State-Level Fiscal Policy, and Consumption

Number of pages: 19 Posted: 10 Jul 2013
Zhi Da, Mitch Warachka and Hayong Yun
University of Notre Dame - Mendoza College of Business, Chapman University - The George L. Argyros School of Business & Economics and Michigan State University - Department of Finance
Downloads 43 (551,880)
Citation 1

Abstract:

Loading...

Lotteries, Fiscal Policy, Consumption

17.

Online Appendix for “Family Feud: Succession Tournaments and Risk-taking in Family Firms”

Number of pages: 21 Posted: 14 May 2022
Jongsub Lee, Hojong Shin and Hayong Yun
Seoul National University, California State University, Long Beach and Michigan State University - Department of Finance
Downloads 8 (798,216)

Abstract:

Loading...

uccession tournaments, business group, risk shifting, family composition, sons, daughters, sons-in-law, sudden death of a group chairman, inheritance law