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
Rank 1,739

SSRN RANKINGS

Top 1,739

in Total Papers Downloads

14,267

CITATIONS
Rank 4,304

SSRN RANKINGS

Top 4,304

in Total Papers Citations

124

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 (970)
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 (5,801)
Citation 79

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 (7,356)
Citation 9

Abstract:

Audit Committee, Social Ties, Earnings Management

4.
Downloads 720 ( 26,305)
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 444 (49,188)
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 276 (86,017)
Citation 14

Abstract:

G14

5.
Downloads 712 ( 26,753)

'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 545 (37,815)

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 167 (141,826)

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 (28,283)

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 (33,048)
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 (40,340)
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 (32,840)
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 (51,413)
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 (48,636)
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 (76,765)

Abstract:

Overconfidence, Founder CEOs, Professional CEOs, Corporate Governance

13.

Arbitrage Involvement and Security Prices

Number of pages: 49 Posted: 25 Feb 2013 Last Revised: 05 Aug 2016
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 (156,524)

Abstract:

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

14.

Offsetting Disagreement and Security Prices

Number of pages: 50 Posted: 03 Feb 2014 Last Revised: 01 Jun 2016
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 (235,711)

Abstract:

Disagreement, Belief Crossing, Short-Sale Constraints

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 (352,801)

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 (121,327)

Abstract:

Disclosure characteristics, Readability, Firm value