Areas of Expertise
- Behavioral Finance
- Social Interaction and Communication
- Applied Economics and Management
- Doctorate Emory University, 2009
- Bachelor of Science European School of Business (Germany), 2004
Byoung-Hyoun Hwang is an assistant professor of finance at the Charles H. Dyson School of Applied Economics and Management in the Cornell SC Johnson College of Business. Prior to joining Cornell in 2014, Hwang held positions at Purdue University, Bain & Company (London, UK), and the Boston Consulting Group (Berlin, Germany).
Professor Hwang's research primarily examines the degree to which behavioral finance helps explain (or fails to explain) financial markets. His research has been published in the Journal of Financial Economics, Review of Financial Studies, Management Science, and Strategic Management Journal. It has also been discussed in popular outlets such as the Wall Street Journal and Bloomberg.
Professor Hwang currently teaches AEM 2240: Finance for Dyson Majors and supervises M.P.S., M.S. and Ph.D. students.
- Hwang, B., & Kim, H. H. (2017). It Pays to Write Well. Journal of Financial Economics. 124:373-394.
- Lee, J. M., Hwang, B., & Chen, H. (2017). Are Founder CEOs more Overconfident than Professional CEOs? Evidence from S&P 1500 Companies. Strategic Management Journal. 38:751-769.
- Chen, H., De, P., Hu, Y., & Hwang, B. (2014). Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media. Review of Financial Studies. 27:1367-1403.
- Green, T. C., & Hwang, B. (2012). Initial Public Offerings as Lotteries: Skewness Preference and First-Day Returns. Management Science. 58:432-444.
- Hwang, B. (2011). Country-Specific Sentiment and Security Prices. Journal of Financial Economics. 100:382-401.
- Hwang, B., & Kim, S. (2009). It Pays to Have Friends. Journal of Financial Economics. 93:138-158.
- Green, T. C., & Hwang, B. (2009). Price-Based Return Comovement. Journal of Financial Economics. 93:37-50.
- AEM 2240: Finance for Dyson Majors