Kee-Hong Bae

York University - Schulich School of Business

Professor

4700 Keele Street

Toronto, Ontario M3J 1P3

Canada

SCHOLARLY PAPERS

31

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CITATIONS
Rank 932

SSRN RANKINGS

Top 932

in Total Papers Citations

572

Scholarly Papers (31)

International GAAP Differences: The Impact on Foreign Analysts

Accounting Review, 2008
Number of pages: 40 Posted: 04 Dec 2007
Kee-Hong Bae, Hongping Tan and Michael Welker
York University - Schulich School of Business, York University - Schulich School of Business and Queen's University - Queen's School of Business
Downloads 774 (23,266)
Citation 43

Abstract:

GAAP differences, accounting standard, analyst following, forecast accuracy, harmonization

International GAAP Differences - The Impact on Foreign Analysts

CAAA 2006 Annual Conference Paper
Number of pages: 60 Posted: 05 Jan 2006
Kee-Hong Bae, Hongping Tan and Michael Welker
York University - Schulich School of Business, York University - Schulich School of Business and Queen's University - Queen's School of Business
Downloads 503 (41,883)
Citation 43

Abstract:

GAAP differences, foreign analyst following, forecast accuracy

2.

Tunneling or Value Addition? Evidence from Mergers by Korean Business Groups

Number of pages: 56 Posted: 14 Nov 2000
Kee-Hong Bae, Jun-Koo Kang and Jin-Mo Kim
York University - Schulich School of Business, Nanyang Technological University (NTU) - Nanyang Business School and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 837 (20,019)
Citation 120

Abstract:

3.
Downloads 816 ( 21,916)
Citation 156

A New Approach to Measuring Financial Contagion

Dice Center Working Paper No. 2000-13
Number of pages: 56 Posted: 08 Nov 2000
York University - Schulich School of Business, Cornell University - Johnson Graduate School of Management and Ohio State University (OSU) - Department of Finance
Downloads 785 (22,836)
Citation 156

Abstract:

A New Approach to Measuring Financial Contagion

NBER Working Paper No. w7913
Number of pages: 57 Posted: 29 Sep 2000
York University - Schulich School of Business, Cornell University - Johnson Graduate School of Management and Ohio State University (OSU) - Department of Finance
Downloads 31 (383,331)
Citation 156

Abstract:

4.
Downloads 665 ( 29,367)
Citation 39

Limit Orders, Depth, and Volatility

Number of pages: 39 Posted: 28 Jul 1999
Hee-Joon Ahn, Kee-Hong Bae and Kalok Chan
Sookmyung Women's University - Division of Business Administration, York University - Schulich School of Business and CUHK Business School
Downloads 665 (28,896)
Citation 39

Abstract:

Limit Orders, Depth, and Volatility

As published in Journal of Finance
Posted: 25 Jan 2001
Kee-Hong Bae, Hee-Joon Ahn and Kalok Chan
York University - Schulich School of Business, Sookmyung Women's University - Division of Business Administration and CUHK Business School

Abstract:

5.

Creditor Rights, Enforcement, and Bank Loans

Number of pages: 53 Posted: 08 Aug 2003 Last Revised: 28 Sep 2008
Kee-Hong Bae and Vidhan K. Goyal
York University - Schulich School of Business and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 627 (26,639)
Citation 25

Abstract:

property rights, creditor rights, law, enforcement, investor protection, loan spreads, syndicate structure

6.

Do Controlling Shareholders’ Expropriation Incentives Imply a Link between Corporate Governance and Firm Value? Theory and Evidence

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 59 Posted: 16 Nov 2011
York University - Schulich School of Business, Hankuk University of Foreign Studies - Department of International Finance, Nanyang Technological University (NTU) - Nanyang Business School and Department of Finance, School of Management, Fudan University
Downloads 598 (30,696)
Citation 3

Abstract:

Expropriation, Corporate governance, Firm value, Korean financial crisis, Chaebol, Ownership structure, Controlling shareholder, Cash flow rights, Control rights

Do Local Analysts Know More? A Cross-Country Study of the Performance of Local Analysts and Foreign Analysts

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 56 Posted: 13 Oct 2005
Kee-Hong Bae, Hongping Tan and René M. Stulz
York University - Schulich School of Business, York University - Schulich School of Business and Ohio State University (OSU) - Department of Finance
Downloads 488 (43,510)
Citation 64

Abstract:

Do Local Analysts Know More? A Cross-Country Study of the Performance of Local Analysts and Foreign Analysts

NBER Working Paper No. w11697
Number of pages: 44 Posted: 20 Dec 2005
Kee-Hong Bae, Hongping Tan and René M. Stulz
York University - Schulich School of Business, York University - Schulich School of Business and Ohio State University (OSU) - Department of Finance
Downloads 45 (332,634)
Citation 64

Abstract:

8.

Employee Treatment and Firm Leverage: A Test of the Stakeholder Theory of Capital Structure

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 62 Posted: 18 May 2010
Kee-Hong Bae, Jun-Koo Kang and Jin Wang
York University - Schulich School of Business, Nanyang Technological University (NTU) - Nanyang Business School and Wilfrid Laurier University - School of Business & Economics
Downloads 470 (42,305)
Citation 15

Abstract:

Capital structure, stakeholder, employee treatment

9.

What's in a 'China' Name? A Test of Investor Attention Hypothesis

Financial Management, Forthcoming
Number of pages: 43 Posted: 29 May 2009 Last Revised: 02 Dec 2011
Kee-Hong Bae and Wei Wang
York University - Schulich School of Business and Queen's School of Business
Downloads 402 (52,525)
Citation 2

Abstract:

China-name Stocks, Investor Attention, Initial Public Offering, American Depositary Receipt

10.

Investibility and Return Volatility in Emerging Equity Markets

Number of pages: 36 Posted: 25 Jul 2003
Kee-Hong Bae, Kalok Chan and Angela Ng
York University - Schulich School of Business, CUHK Business School and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 309 (74,472)
Citation 12

Abstract:

11.

Corporate Governance and Conditional Skewness in the World's Stock Markets

Asian Institute of Corporate Governance at Korea University Working Paper
Number of pages: 47 Posted: 24 Jul 2003
Kee-Hong Bae, K.C. John Wei and Chan-Woo Lim
York University - Schulich School of Business, School of Accounting and Finance, Hong Kong Polytechnic University and Korea University Business School (KUBS)
Downloads 298 (73,228)
Citation 8

Abstract:

skewness, risk sharing, discretionary disclosure

12.

How Do Foreigners Profit from Local Investors? Evidence from Trades in the Japanese Stock Market

Number of pages: 43 Posted: 12 Sep 2001
Kee-Hong Bae, Keiichi Ito and Takeshi Yamada
York University - Schulich School of Business, Nomura Holdings, Inc. (NHI) - Nomura Securities Co., Ltd. and Australian National University (ANU)
Downloads 270 (87,365)
Citation 2

Abstract:

Investor behavior, Momentum, Foreign investors, Performance

How do Individual, Institutional, and Foreign Investors Win and Lose in Equity Trades? Evidence from Japan

Number of pages: 38 Posted: 13 Feb 2004
Kee-Hong Bae, Takeshi Yamada and Keiichi Ito
York University - Schulich School of Business, Australian National University (ANU) and Nomura Holdings, Inc. (NHI) - Nomura Securities Co., Ltd.
Downloads 241 (99,243)
Citation 1

Abstract:

trade performance, equity trading, heterogeneous investor

How do Individual, Institutional, and Foreign Investors Win and Lose in Equity Trades? Evidence from Japan

International Review of Finance, Vol. 6, No. 3-4, pp. 129-155, September/December 2006
Number of pages: 27 Posted: 09 Jan 2008
Kee-Hong Bae, Takeshi Yamada and Keiichi Ito
York University - Schulich School of Business, Australian National University (ANU) and Nomura Holdings, Inc. (NHI) - Nomura Securities Co., Ltd.
Downloads 10 (496,453)
Citation 1

Abstract:

14.

The Value of Durable Bank Relationships: Evidence from Korean Banking Shocks

Number of pages: 46 Posted: 10 Jan 2001
Kee-Hong Bae, Jun-Koo Kang and Chan-Woo Lim
York University - Schulich School of Business, Nanyang Technological University (NTU) - Nanyang Business School and Korea University Business School (KUBS)
Downloads 248 (94,744)
Citation 28

Abstract:

Exogenous events, Bank, Durable bank relationship, Financial health of banks, Main bank, Bank-centered financial systems, Firm value, Bank distress, Nonperforming loan ratio, Banking shocks, Firm characteristics

15.

Stock Market Liberalization and the Information Environment

Number of pages: 51 Posted: 17 May 2004
Kee-Hong Bae, Warren Bailey and Connie X. Mao
York University - Schulich School of Business, Cornell University and Temple University - Fox School of Business and Management
Downloads 246 (93,554)
Citation 26

Abstract:

Stock market liberalization, international portfolio flows, emerging markets

16.

The Latin Monetary Union: Some Evidence on Europe's Failed Common Currency

Review of Development Finance, Vol. 1, pp. 131-149, 2011
Number of pages: 53 Posted: 05 Aug 2003 Last Revised: 25 May 2011
Kee-Hong Bae and Warren Bailey
York University - Schulich School of Business and Cornell University
Downloads 239 (90,892)
Citation 3

Abstract:

Currency union, European Monetary Union, EMU, Latin Monetary Union

17.

Do Foreigners Facilitate Information Transmission in Emerging Markets?

Journal of Financial Economics. Forthcoming
Number of pages: 47 Posted: 27 Feb 2007 Last Revised: 14 Mar 2012
York University - Schulich School of Business, Rice University, York University - Schulich School of Business and Department of Statistics & Actuarial Science and School of Accounting & Finance, University of Waterloo,
Downloads 219 (102,738)
Citation 2

Abstract:

lead-lag cross-autocorrelations, information diffusion, price delay, foreign investment, emerging markets

18.

Interaction of Investor Trades and Market Volatility: Evidence from the Tokyo Stock Exchange

Number of pages: 33 Posted: 07 Aug 2007
Kee-Hong Bae, Takeshi Yamada and Keiichi Ito
York University - Schulich School of Business, Australian National University (ANU) and Nomura Holdings, Inc. (NHI) - Nomura Securities Co., Ltd.
Downloads 217 (105,050)

Abstract:

market liquidity, volatility, momentum traders, contrarian traders, trading volume

19.

Does Increased Competition Affect Credit Ratings? A Reexamination of the Effect of Fitch's Market Share on Credit Ratings in the Corporate Bond Market

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 50 Posted: 05 Sep 2013 Last Revised: 14 Oct 2013
Kee-Hong Bae, Jun-Koo Kang and Jin Wang
York University - Schulich School of Business, Nanyang Technological University (NTU) - Nanyang Business School and Wilfrid Laurier University - School of Business & Economics
Downloads 206 (81,345)

Abstract:

Credit rating, competition, rating quality

20.

Family Control and Expropriation of Not-for-Profit Organizations: Evidence from Korean Private Universities

KDI School of Public Policy & Management Paper No. 06-01
Number of pages: 47 Posted: 07 Dec 2006 Last Revised: 27 Jan 2011
Kee-Hong Bae, Seung-Bo Kim and Woochan Kim
York University - Schulich School of Business, Korea Research Institute for Vocational Education and Training and Korea University Business School
Downloads 122 (176,617)
Citation 1

Abstract:

Nonprofit, Governance, Expropriation, Donation, Private University

21.

Equity Market Liberalization and Corporate Governance

Journal of Corporate Finance, Vol. 16, No. 5, 2010
Number of pages: 43 Posted: 03 Sep 2010 Last Revised: 25 Jul 2014
Kee-Hong Bae and Vidhan K. Goyal
York University - Schulich School of Business and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 93 (127,064)
Citation 5

Abstract:

equity market liberalization, risk sharing, cost of capital, corporate governance

22.

Nominal Stock Price Anchors: A Global Phenomenon?

Number of pages: 71 Posted: 25 Mar 2015 Last Revised: 17 Feb 2017
Kee-Hong Bae, Jisok Kang and S. Ghon Rhee
York University - Schulich School of Business, Cambridge Endowment for Research in Finance, University of Cambridge and University of Hawaii - Shidler College of Business
Downloads 61 (139,344)

Abstract:

anchoring, norms, nominal share price

23.

Does the Stock Market Benefit the Economy?

Number of pages: 50 Posted: 04 Sep 2015 Last Revised: 02 Dec 2016
Kee-Hong Bae and Jisok Kang
York University - Schulich School of Business and Cambridge Endowment for Research in Finance, University of Cambridge
Downloads 18 (223,967)

Abstract:

stock market concentration, capital allocation, IPO, innovation, economic growth

24.

The Value-Relevance of Earnings and Book Value, Ownership Structure, and Business Group Affiliation: Evidence from Korean Business Groups

Journal of Business Finance & Accounting, Vol. 34, Nos. 5-6, pp. 740-766, June/July 2007
Number of pages: 27 Posted: 11 Jul 2007
Kee-Hong Bae and Seok Woo Jeong
York University - Schulich School of Business and Korea University - Department of Accounting
Downloads 14 (455,584)
Citation 12

Abstract:

25.

The Impact of the Short-Short Rule Repeal on the Timing Ability of Mutual Funds

Journal of Business Finance & Accounting, Vol. 35, Issue 7-8, pp. 969-997, September/October 2008
Number of pages: 29 Posted: 02 Oct 2008
Kee-Hong Bae and Junesuh Yi
York University - Schulich School of Business and Dongguk University
Downloads 5 (499,531)
Citation 2

Abstract:

26.

Credit Rating Initiation and Accounting Quality for Emerging-Market Firms

Journal of International Business Studies, Vol. 44, Issue 3, pp. 216-234, 2013
Number of pages: 19 Posted: 09 Apr 2013
York University - Schulich School of Business, Queen's School of Business, Queen's University - Queen's School of Business and Southwestern University of Finance and Economics (SWUFE) - Research Institute of Economics & Management
Downloads 1 (521,869)

Abstract:

27.

Family Control and Expropriation at Not‐For‐Profit Organizations: Evidence from Korean Private Universities

Corporate Governance: An International Review, Vol. 20, Issue 4, pp. 388-404, 2012
Number of pages: 17 Posted: 12 Jun 2012
Kee-Hong Bae, Seung‐Bo Kim and Woochan Kim
York University - Schulich School of Business, affiliation not provided to SSRN and Korea University Business School
Downloads 1 (521,869)
Citation 1

Abstract:

Corporate Governance, Non‐profits, Expropriation, Donations, Private University

28.

Which Analysts to Believe? Analysts’ Conflicts of Interest and Societal Trust

Number of pages: 43 Posted: 11 Jan 2015 Last Revised: 17 Nov 2016
York University - Schulich School of Business, York University - Schulich School of Business and York University - Schulich School of Business
Downloads 0 (335,863)

Abstract:

Societal trust; analyst; conflicts of interest; earnings forecast; recommendation; market reaction

29.

Is Firm‐Specific Return Variation a Measure of Information Efficiency?

International Review of Finance, Vol. 13, Issue 4, pp. 407-445, 2013
Number of pages: 39 Posted: 10 Dec 2013
Kee-Hong Bae, Jin-Mo Kim and Yang Ni
York University - Schulich School of Business, Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick and Shanghai Jiao Tong University (SJTU)
Downloads 0 (531,832)

Abstract:

30.

Tunneling or Value Added? Evidence from Mergers by Korean Business Groups

Journal of Finance, Vol. 57, pp. 2695-2740, 2002
Posted: 02 Aug 2003
Kee-Hong Bae, Jun-Koo Kang and Jin-Mo Kim
York University - Schulich School of Business, Nanyang Technological University (NTU) - Nanyang Business School and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick

Abstract:

31.

Bid-Ask Spread and Arbitrage Profitability: A Study of the Hong Kong Index Futures and Options Market

Posted: 12 Dec 1996
York University - Schulich School of Business, CUHK Business School and City University of Hong Kong (CityUHK) - Department of Economics & Finance

Abstract: