Byoung-Hyoun Hwang

Cornell University - Dyson School of Applied Economics and Management

Assistant Professor of Finance

Ithaca, NY

United States

http://www.bhwang.com

Korea University - Department of Finance

Seoul, 136-701

United States

SCHOLARLY PAPERS

16

DOWNLOADS
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SSRN RANKINGS

Top 1,721

in Total Papers Downloads

14,624

CITATIONS
Rank 4,339

SSRN RANKINGS

Top 4,339

in Total Papers Citations

123

Scholarly Papers (16)

1.

Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media

Review of Financial Studies (RFS), Forthcoming
Number of pages: 52 Posted: 12 Apr 2011 Last Revised: 04 Oct 2016
Hailiang Chen, Prabuddha De, Yu Jeffrey Hu and Byoung-Hyoun Hwang
City University of Hong Kong - Department of Information Systems, Purdue University - Krannert School of Management, Georgia Institute of Technology - Scheller College of Business and Cornell University - Dyson School of Applied Economics and Management
Downloads 4,324 (962)
Citation 1

Abstract:

Investor-turned-advisors, Social media, Financial markets

2.

It Pays to Have Friends

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 64 Posted: 03 Aug 2008 Last Revised: 10 Mar 2009
Byoung-Hyoun Hwang and Seoyoung Kim
Cornell University - Dyson School of Applied Economics and Management and Santa Clara University
Downloads 1,664 (5,875)
Citation 77

Abstract:

Board Independence, Social Ties, Executive Compensation

3.

Social Ties and Earnings Management

Number of pages: 35 Posted: 05 Nov 2009 Last Revised: 07 Feb 2012
Byoung-Hyoun Hwang and Seoyoung Kim
Cornell University - Dyson School of Applied Economics and Management and Santa Clara University
Downloads 1,476 (7,406)
Citation 8

Abstract:

Audit Committee, Social Ties, Earnings Management

4.
Downloads 724 ( 26,726)
Citation 14

Price-Based Return Comovement

Number of pages: 37 Posted: 21 Mar 2007 Last Revised: 26 Mar 2008
T. Clifton Green and Byoung-Hyoun Hwang
Emory University - Goizueta Business School and Cornell University - Dyson School of Applied Economics and Management
Downloads 445 (50,185)
Citation 14

Abstract:

Stock Split, Comovement, Style Investing

Price-Based Return Comovement

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 42 Posted: 25 Mar 2008 Last Revised: 08 Jul 2009
Byoung-Hyoun Hwang and T. Clifton Green
Cornell University - Dyson School of Applied Economics and Management and Emory University - Goizueta Business School
Downloads 279 (86,933)
Citation 14

Abstract:

G14

5.
Downloads 724 ( 26,726)

'Consistent' Earnings Surprises

Number of pages: 52 Posted: 15 Mar 2010 Last Revised: 09 Sep 2014
Byoung-Hyoun Hwang, Baixiao Liu and Dong Lou
Cornell University - Dyson School of Applied Economics and Management, Florida State University and London School of Economics & Political Science (LSE)
Downloads 554 (37,924)

Abstract:

Stock recommendations, Biased earnings forecasts, Career concerns

'Consistent' Earnings Surprises

Number of pages: 52 Posted: 16 Mar 2011 Last Revised: 09 Sep 2014
Byoung-Hyoun Hwang, Baixiao Liu and Dong Lou
Cornell University - Dyson School of Applied Economics and Management, Florida State University and London School of Economics & Political Science (LSE)
Downloads 170 (142,684)

Abstract:

Stock recommendations, Biased earnings forecasts, Career concerns

6.

Short Sellers' Trading on Anomalies

Number of pages: 46 Posted: 30 Aug 2012 Last Revised: 18 Dec 2014
Byoung-Hyoun Hwang and Baixiao Liu
Cornell University - Dyson School of Applied Economics and Management and Florida State University
Downloads 594 (28,363)

Abstract:

Arbitrageurs, Short Sellers, Incentive Effects of Contracts, Market Efficiency

7.

Country-Specific Sentiment and Security Prices

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 49 Posted: 03 Aug 2008 Last Revised: 29 Jul 2010
Byoung-Hyoun Hwang
Cornell University - Dyson School of Applied Economics and Management
Downloads 591 (33,464)
Citation 6

Abstract:

Investor Sentiment, Country Popularity

8.

Distinguishing Behavioral Models of Momentum

Number of pages: 48 Posted: 03 Oct 2008 Last Revised: 19 Aug 2010
Byoung-Hyoun Hwang
Cornell University - Dyson School of Applied Economics and Management
Downloads 510 (41,181)
Citation 3

Abstract:

Price Momentum, Behavioral Asset Pricing Models

9.

Daily Stock Market Swings and Investor Reaction to Firm-Specific News

Number of pages: 36 Posted: 28 Sep 2011 Last Revised: 26 Jun 2012
Huseyin Gulen and Byoung-Hyoun Hwang
Purdue University - Krannert School of Management and Cornell University - Dyson School of Applied Economics and Management
Downloads 504 (32,746)
Citation 2

Abstract:

Stock Market Swings, Investor Reaction, Firm-Specific News Announcements

10.

IPOs as Lotteries: Skewness Preference and First-Day Returns

Management Science (Special Issue: Behavioral Economics and Finance), Forthcoming
Number of pages: 28 Posted: 09 Apr 2009 Last Revised: 24 Jun 2011
T. Clifton Green and Byoung-Hyoun Hwang
Emory University - Goizueta Business School and Cornell University - Dyson School of Applied Economics and Management
Downloads 401 (51,986)
Citation 11

Abstract:

Lotteries, Gambling, Skewness Preferences, IPO Underpricing

11.

Economic Consequences of Social Media Adoption by CEOs and CFOs

Number of pages: 38 Posted: 31 Aug 2013 Last Revised: 22 Nov 2016
Hailiang Chen, Byoung-Hyoun Hwang and Baixiao Liu
City University of Hong Kong - Department of Information Systems, Cornell University - Dyson School of Applied Economics and Management and Florida State University
Downloads 290 (45,424)
Citation 1

Abstract:

Social media, Information diffusion

12.

Are Founder CEOs more Overconfident than Professional CEOs? Evidence from S&P 1500 Companies

Number of pages: 36 Posted: 17 Oct 2014 Last Revised: 23 Oct 2015
Joon Mahn Lee, Byoung-Hyoun Hwang and Hailiang Chen
Purdue University - Krannert School of Management, Cornell University - Dyson School of Applied Economics and Management and City University of Hong Kong - Department of Information Systems
Downloads 143 (77,125)

Abstract:

Overconfidence, Founder CEOs, Professional CEOs, Corporate Governance

13.

Arbitrage Involvement and Security Prices

Number of pages: 49 Posted: 25 Feb 2013 Last Revised: 28 Apr 2017
Byoung-Hyoun Hwang, Baixiao Liu and Wei Xu
Cornell University - Dyson School of Applied Economics and Management, Florida State University and HSBC School of Business, Peking University
Downloads 123 (159,040)

Abstract:

Arbitrage Involvement, Hedge Funds, Risk-Bearing Capacity, Market Efficiency

14.

Offsetting Disagreement and Security Prices

Number of pages: 47 Posted: 03 Feb 2014 Last Revised: 28 Apr 2017
Byoung-Hyoun Hwang, Dong Lou and Chengxi (Adam) Yin
Cornell University - Dyson School of Applied Economics and Management, London School of Economics & Political Science (LSE) and Purdue University - Krannert School of Management
Downloads 41 (237,591)

Abstract:

Investor Disagreement, Belief Crossing, Portfolio Discounts

15.

The Speed of Communication

7th Miami Behavioral Finance Conference 2016
Number of pages: 54 Posted: 01 Oct 2016
Shiyang Huang, Byoung-Hyoun Hwang and Dong Lou
The University of Hong Kong - School of Economics and Finance, Cornell University - Dyson School of Applied Economics and Management and London School of Economics & Political Science (LSE)
Downloads 0 (350,476)

Abstract:

Word-of-Mouth, Speed of Communication, Household Investment

16.

It Pays to Write Well

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57 Posted: 05 Dec 2015 Last Revised: 10 Jul 2016
Byoung-Hyoun Hwang and Hugh Hoikwang Kim
Cornell University - Dyson School of Applied Economics and Management and University of South Carolina - Department of Finance
Downloads 0 (79,353)

Abstract:

Disclosure characteristics, Readability, Firm value