Frederick Dongchuhl Oh

Education

• Ph.D. (Finance), Washington University in St. Louis, May 2011.
• M.S. (Finance), University of Rochester, June 2006.
• M.S. (Finance), Korea University, Aug. 2005.
• B.B.A. (Major: Business, Minor: Economics), Korea University, Feb. 2001.

Career

• Associate Professor of Finance (with tenure), KAIST, Sept. 2017+.
• Visiting Scholar of Economics, Korea University, Sept. 2016 - Aug. 2017.
• Assistant Professor of Finance, KAIST, Aug. 2012 - Aug. 2017.
• Economist, The Bank of Korea, July 2011 - July 2012.
• Public Interest Service Personnel, Jongno-Gu Office, May 2001 - Sept. 2003. (substitute for military service in Korea)

Publications & Research

Publications

• Oh, F. D., "Contagion of a Liquidity Crisis Between Two Firms," Journal of Financial Economics, 107(2), 386-400, 2013.
• Oh, F. D. and H. Lim, "Recent Theories Regarding Financial Contagion," Economic Analysis, 19(3), 111-140, 2013. (In Korean.)
• Oh, F. D., "Assessing Competitive Conditions in Korea's Credit Rating Industry after the 1997 Financial Crisis," Economics Bulletin, 34(2), 1114-1121, 2014.
• Oh, F. D. and H. Lim, "Understanding Currency Crises and Their Contagion," Journal of Economic Theory and Econometrics, 25(3), 30-62, 2014. (In Korean.)
• Bereskin, F. L., B. Kim, and F. D. Oh, "Do Credit Rating Concerns Lead to Better Corporate Governance? Evidence from Korea," Pacific-Basin Finance Journal, 35(PB), 592-608, 2015.
• Oh, F. D. and S. Baek, "Unique Equilibrium in a Model of Takeovers Involving Block Trades and Tender Offers," Finance Research Letters, 15(C), 208-214, 2015.
• Oh, F. D. and K. S. Park, "Corporate Governance Structure and Product Market Competition," Applied Economics, 48(14), 1281-1292, 2016.
• Lim, H. and F. D. Oh, "The Effectiveness of Liquidity Provision during Debt Crises: Evidence from Korean Firm-Level Data," Financial Stability Studies, 17(1), 1-37, 2016. (In Korean.)
• Joe, D. Y and F. D. Oh, "Did Foreign Ownership of Korean Credit Rating Agencies Improve Their Ratings?" Contemporary Economic Policy, 35(1), 193-200, 2017.
• Oh, F. D. and J. Park, "Credit Ratings and Corporate Disclosure Behavior: Evidence from Regulation Fair Disclosure in Korea," Applied Economics, 49(35), 3481-3494, 2017.
• Joe, D. Y and F. D. Oh, "Foreign Investor Behavior in Korea after the 1997 Asian Financial Crisis," Journal of the Japanese and International Economies, 46(C), 69-78, 2017.
• Joe, D. Y and F. D. Oh, "Credit Ratings and Corporate Cash Holdings: Evidence from Korea's Corporate Reform after the 1997 Asian Financial Crisis," Japan and the World Economy, 45(C), 9-18, 2018.
• Joe, D. Y and F. D. Oh, "Spillover Effects Within Business Groups: The Case of Korean Chaebols," Management Science, 64(3), 1396-1412, 2018.
• Joe, D. Y., F. D. Oh, and C. Park, "Control-Ownership Disparity and Stock Market Predictability: Evidence from Korean Chaebols," Finance Research Letters, 27(C), 6-11, 2018.
• Joe, D. Y., D. Jung, and F. D. Oh, "Owner-Managers and Firm Performance during the Asian and Global Financial Crises: Evidence from Korea," Applied Economics, 51(6), 611-623, 2019.
• Oh, F. D. and H. Yoon, "The Role of Chonsei as a Price Protector in the Korean Housing Market," International Economic Journal, 33(1), 27-41, 2019.
• Joe, D. Y., F. D. Oh, and H. Yoo, "Foreign Ownership and Firm Innovation: Evidence from Korea," Global Economic Review, 48(3), 284-302, 2019.
• Oh, F. D. and J. Park, "Potential Competition and Quality Disclosure," Journal of Economics & Management Strategy, 28(4), 614-630, 2019.
• Ahn, G., F. D. Oh, and J. Park, "The Efficiency of Financial Holding Companies in Korea," Korean Economic Review, 36(1), 29-58, 2020.
• Lee, H. H. and F. D. Oh, "Corporate Innovation and Credit Default Swap Spreads," Finance Research Letters, 32(C), 101082, 2020.
• Oh, F. D. and D. Shin, "Religion and Corporate Disclosure Quality," Hitotsubashi Journal of Economics, 61(1), 20-37, 2020.
• Oh, F. D. and S. S. Shin, "Does Product Market Competition Affect Corporate Governance? Evidence from Corporate Takeovers," Journal of Empirical Finance, 59(C), 68-87, 2020.
• Lee, K. and F. D. Oh, "Credit Ratings and Liquidity Crises," International Journal of Economic Theory, forthcoming, 2019.
• Joe, D. Y., J. Lee, and F. D. Oh, "Do Korean Chaebols Practice Noblesse Oblige? Evidence from Their CSR Activities," Economics and Business Letters, forthcoming, 2020.
• Lee, H. D., F. D. Oh, and J. Park, "The Impact of Mandatory K-IFRS Adoption on IPO Underpricing," International Journal of Finance & Economics, forthcoming, 2020.
• Oh, F. D. and H. Yoon, "Social Capital and Firm Innovation: Evidence from Cooperative Banking in Korea," Asia-Pacific Journal of Financial Studies, forthcoming, 2020.

Research Areas

• Corporate and International Finance, Applied Game Theory, Financial Intermediation, Economics of Religion.