Byoung-Hyoun Hwang

Nanyang Business School, Nanyang Technological University

Singapore, 639798

Singapore

SCHOLARLY PAPERS

23

DOWNLOADS
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Top 2,550

in Total Papers Downloads

25,072

SSRN CITATIONS
Rank 2,354

SSRN RANKINGS

Top 2,354

in Total Papers Citations

615

CROSSREF CITATIONS

158

Scholarly Papers (23)

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
HKU Business School, The University of Hong Kong, Purdue University - Krannert School of Management, Purdue University and Nanyang Business School, Nanyang Technological University
Downloads 8,767 (1,385)
Citation 109

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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
Nanyang Business School, Nanyang Technological University and Santa Clara University
Downloads 2,304 (12,682)
Citation 40

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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
Nanyang Business School, Nanyang Technological University and Santa Clara University
Downloads 2,113 (14,564)
Citation 24

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Audit Committee, Social Ties, Earnings Management

4.

Tweeting Away Firm Value: How Investors Evaluate CEOs' Use of Social Media

Number of pages: 47 Posted: 31 Aug 2013 Last Revised: 23 May 2023
Hailiang Chen, Byoung-Hyoun Hwang, Baixiao Liu and Yi Tang
HKU Business School, The University of Hong Kong, Nanyang Business School, Nanyang Technological University, Peking University HSBC Business School and The University of Hong Kong - Faculty of Business and Economics
Downloads 1,802 (18,722)
Citation 7

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Social Media Usage, Information Environment, Agency Cost, Strategic Leadership, Corporate Governance

5.
Downloads 960 (47,262)
Citation 52

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 - Department of Finance and Nanyang Business School, Nanyang Technological University
Downloads 522 (103,227)
Citation 7

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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
Nanyang Business School, Nanyang Technological University and Emory University - Department of Finance
Downloads 438 (127,517)
Citation 46

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G14

6.
Downloads 956 (47,538)
Citation 2

'Consistent' Earnings Surprises

Number of pages: 52 Posted: 15 Mar 2010 Last Revised: 09 Sep 2014
Byoung-Hyoun Hwang, Baixiao Liu and Dong Lou
Nanyang Business School, Nanyang Technological University, Peking University HSBC Business School and HKUST Business School
Downloads 729 (67,523)
Citation 2

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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
Nanyang Business School, Nanyang Technological University, Peking University HSBC Business School and HKUST Business School
Downloads 227 (257,386)
Citation 1

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Stock recommendations, Biased earnings forecasts, Career concerns

7.

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
Nanyang Business School, Nanyang Technological University and University of South Carolina, Darla Moore School of Business
Downloads 924 (49,829)
Citation 80

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Disclosure characteristics, Readability, Firm value

8.

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
Mitchell E. Daniels, Jr School of Business, Purdue University and Nanyang Business School, Nanyang Technological University
Downloads 923 (49,916)
Citation 5

Abstract:

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

9.

Short Sellers' Trading on Anomalies

Number of pages: 46 Posted: 30 Aug 2012 Last Revised: 18 Dec 2014
Byoung-Hyoun Hwang and Baixiao Liu
Nanyang Business School, Nanyang Technological University and Peking University HSBC Business School
Downloads 879 (53,353)

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

10.

The Use and Usefulness of Big Data in Finance: Evidence from Financial Analysts

Nanyang Business School Research Paper No. 22-01
Number of pages: 49 Posted: 15 Feb 2022 Last Revised: 29 Dec 2023
Feng Chi, Byoung-Hyoun Hwang and Yaping Zheng
Cornell University, Nanyang Business School, Nanyang Technological University and University of Alberta
Downloads 723 (69,652)
Citation 6

Abstract:

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Big Data, Alternative Data, Sell-Side Analysts, Investors

11.

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
Nanyang Business School, Nanyang Technological University
Downloads 712 (70,707)
Citation 3

Abstract:

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Investor Sentiment, Country Popularity

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, Nanyang Business School, Nanyang Technological University and HKU Business School, The University of Hong Kong
Downloads 654 (78,752)
Citation 4

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Overconfidence, Founder CEOs, Professional CEOs, Corporate Governance

13.

Distinguishing Behavioral Models of Momentum

Number of pages: 48 Posted: 03 Oct 2008 Last Revised: 19 Aug 2010
Byoung-Hyoun Hwang
Nanyang Business School, Nanyang Technological University
Downloads 592 (89,261)
Citation 3

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Price Momentum, Behavioral Asset Pricing Models

14.

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 - Department of Finance and Nanyang Business School, Nanyang Technological University
Downloads 577 (92,208)
Citation 3

Abstract:

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Lotteries, Gambling, Skewness Preferences, IPO Underpricing

15.

Revisiting the Cross-Section of Expected Stock Returns: Evidence from a Textual Analysis of Buy Recommendations

Nanyang Business School Research Paper No. 23-02
Number of pages: 56 Posted: 23 Jan 2023 Last Revised: 05 Jun 2023
Hailiang Chen, Byoung-Hyoun Hwang and Zhuozhen Peng
HKU Business School, The University of Hong Kong, Nanyang Business School, Nanyang Technological University and Nanyang Business School, Nanyang Technological University
Downloads 396 (144,766)

Abstract:

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Cross-Section of Expected Stock Returns, Anomalies, Risk, Behavioral Finance, Textual Analysis

16.

Listening In On Investors' Thoughts And Conversations

Nanyang Business School Research Paper No. 21-39, Forthcoming, Journal of Financial Economics
Number of pages: 47 Posted: 01 Nov 2021 Last Revised: 22 Nov 2021
Hailiang Chen and Byoung-Hyoun Hwang
HKU Business School, The University of Hong Kong and Nanyang Business School, Nanyang Technological University
Downloads 391 (146,863)

Abstract:

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Social interactions, Social transmission bias, Asset prices

17.

The Impact of Word-of-Mouth Communication on Investors' Decisions and Asset Prices

Handbook of Financial Decision Making, Forthcoming, Nanyang Business School Research Paper No. 22-19
Number of pages: 32 Posted: 08 Jun 2022 Last Revised: 07 Jun 2023
Byoung-Hyoun Hwang
Nanyang Business School, Nanyang Technological University
Downloads 338 (172,272)
Citation 3

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Social finance, social asset pricing, investor psychology, investor behavior, asset prices

18.

The Rate of Communication

7th Miami Behavioral Finance Conference 2016
Number of pages: 42 Posted: 01 Oct 2016 Last Revised: 04 Aug 2020
Shiyang Huang, Byoung-Hyoun Hwang and Dong Lou
The University of Hong Kong - Faculty of Business and Economics, Nanyang Business School, Nanyang Technological University and HKUST Business School
Downloads 283 (207,832)

Abstract:

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Social Interaction, Investor Communication, Information Diffusion

19.

Arbitrage Involvement and Security Prices

Management Science, Forthcoming
Number of pages: 45 Posted: 25 Feb 2013 Last Revised: 03 Aug 2017
Byoung-Hyoun Hwang, Baixiao Liu, Wei Xu and Wei Xu
Nanyang Business School, Nanyang Technological University, Peking University HSBC Business School and Purdue UniversityHSBC School of Business, Peking University
Downloads 252 (233,477)
Citation 10

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Hedge Funds, Short-Selling, Market Efficiency

20.

Information Sharing and Spillovers: Evidence from Financial Analysts

Management Science, Forthcoming
Number of pages: 31 Posted: 14 Jul 2017 Last Revised: 12 Oct 2017
Byoung-Hyoun Hwang, Jose Maria Liberti and Jason Sturgess
Nanyang Business School, Nanyang Technological University, Kellogg School of Management - Department of Finance and Queen Mary University of London
Downloads 214 (273,062)
Citation 19

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Information Spillovers, Knowledge-based Industries, Analyst Performance

21.
Downloads 183 (314,875)
Citation 4

Offsetting Disagreement and Security Prices

Number of pages: 52 Posted: 03 Feb 2014 Last Revised: 10 Aug 2020
Shiyang Huang, Byoung-Hyoun Hwang, Dong Lou and Chengxi (Adam) Yin
The University of Hong Kong - Faculty of Business and Economics, Nanyang Business School, Nanyang Technological University, HKUST Business School and University of International Business and Economics
Downloads 183 (314,388)

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Investor Disagreement, Belief Crossing, Portfolio Discounts

Offsetting Disagreement and Security Prices

CEPR Discussion Paper No. DP12295
Number of pages: 46 Posted: 20 Sep 2017
Byoung-Hyoun Hwang, Dong Lou and Chengxi (Adam) Yin
Nanyang Business School, Nanyang Technological University, HKUST Business School and University of International Business and Economics
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22.

Innovation Overload?

Number of pages: 33 Posted: 20 Aug 2018 Last Revised: 23 Jan 2020
Byoung-Hyoun Hwang, Hugh Hoikwang Kim and Kai Wu
Nanyang Business School, Nanyang Technological University, University of South Carolina, Darla Moore School of Business and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 111 (471,234)

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Innovation Diffusion, Bounded Rationality

23.

Did the Game Stop for Hedge Funds?

Number of pages: 49 Posted: 10 Nov 2023 Last Revised: 17 Jun 2024
Jun Chen, Byoung-Hyoun Hwang and Melvyn Teo
Renmin University of China - School of Business, Nanyang Business School, Nanyang Technological University and Singapore Management University - Lee Kong Chian School of Business
Downloads 18 (1,005,452)

Abstract:

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Gamestop, Robinhood, Meme stocks, Hedge funds, WallStreetBets, Social media, Short sales, Retail investors, Market efficiency