MOON H. SONG
Department of Finance
Tel: (619) 594-5334 (office)
Fax: (619) 594-3272
E-mail: moon.song@sdsu.edu
Education
Ph.D. The
Major Field; Finance
Minor Field; Economics
M.A. The
Teaching Experience
Professor (Aug. 1999 - present)
Associate Professor (Aug. 1994 - Aug 1999)
Financial Management: Graduate
Corporate Finance: Undergraduate
Assistant Professor (Aug. 1988 - July 1994)
Investment Seminar: Graduate
Corporate Finance Seminar: Graduate
Corporate Finance: Undergraduate
“Large Outside Blockholders as Monitors: Evidence from Partial Acquisitions”, forthcoming, International Review of Economics and Finance (coauthored with Y. Park and Z. Selivili)
“Corporate
Governance and Asset Sales: The Effect of Internal and External Control
Mechanisms", August 2006, Financial
Review (coauthored with Robert Hanson)
“Long-Term Performance of Divesting Firms and the Effect of Managerial Ownership”, 2004, the Journal of Economics and Finance (coauthored with Robert Hanson)
"Acquisition Activity of Large Depository Institutions: An Empirical Analysis of Motives", 2000, Quarterly Review of Economics and Finance 40 (coauthored with David Ely).
"Board Composition, Ownership Structure, and Wealth Effect of Corporate Divestitures", 2000, Journal of Corporate Finance 6 (coauthored with Robert Hanson)
"Abnormal Returns to Rivals of Acquisitions Targets: A test of the acquisition probability hypothesis", 2000, Journal of Financial Economics 55 (coauthored with Ralph Walkling)
"Capital Controls and Return Patterns on Country Funds: Evidence from Pacific-Basin Countries", vol 4 (number 1) 1999, International Journal of Business (coauthored with David Ely and Mehdi Salehizadeh)
"Shareholders
Wealth Effects of Free Trade:
“Ownership Structure and Managerial Incentive: the Evidence from Acquisitions by Dual Class Firms", July 1996, Journal of Business Finance and Accounting (coauthored with Robert Hanson)
"Employee Stock Ownership Plan, Ownership Distribution Structure, and Shareholder Wealth", Winter 1995, Financial Management (coauthored with S. Park)
“Managerial Ownership Change Firm Value: Evidence from Dual Class Recapitalzations and Insider Trading", Fall 1995, Journal of Financial Research (coauthored with Robert Hanson)
"Structural Changes in Return-Generating Models around Tender Offers: Implications for Abnormal Returns" March 1994, Journal of Business, Finance and Accounting. (coauthored with D. Ely)
"The Impact of Target Managerial Ownership on the Selection, Characteristics, and Outcome of Acquisition Attempts", December 1993, 439-457, Journal Financial and Quantitative Analysis. (coauthored with Ralph Walkling)
"Optimum Management Contracting, Agency Problems and the Size of the Firm: Back Ground Analysis", in R. Yadizpour ed., 1991, Advances in Small Business Finance, Kluwer Academic Press. (coauthored with R. Yadizpour)
"Distribution of Target Ownership and the Division of Gains in Successful Takeovers", Journal of Finance, July 1990, 817-833 (coauthored with Rene Stulz and Ralph Walkling)
Papers under review by Journal
Presentation at the national and international conferences
"Board Structure,
Insider Ownership and Trading: The Case of Corporate Divestitures" Financial Management Association,
"The Impact of Bank Expansion Strategy on
Performance", Midwest Finance Association,
"Board
Composition, Ownership Structure, and Wealth Effect of Corporate
Divestitures", Financial Management Association,
"The
Security Analysts Role in
"Long
Term Performance of Divesting Firms and the Effect of Managerial
Ownership" Financial Management Association,
"Capital
Market Integration: Evidence from Pacific-Basin Country Funds" The Academy
of International Business,
"Ownership
Structure and Managerial Incentive: the Evidence from Acquisitions by Dual Class
Firms" Conference on Corporate Control, Ownership and Capital Structure,
"Shareholders
Wealth Effects of Free Trade:
"Capital
Controls and Return Patterns on Country Funds: Evidence from Pacific-Basin
Countries" Pacific-Basin Finance Conference,
Managerial
Ownership Change Firm Value: Evidence from Dual Class Recaptialzations and
Insider Trading", Financial Management Association,
"Ownership
Structure and Managerial Incentive: the Evidence from Acquisitions by Dual
Class Firms" Financial Management Association,
"Employee
Stock Ownership Plan, Ownership Distribution Structure, and Shareholder
Wealth" American Finance Association,
"Evaluating
the Probability of Failed Thrift Acquisitions" Western Finance
Association,
"The
Impact of Target Managerial Ownership on the Selection, Characteristics, and
Outcome of Acquisition Attempts" American Finance Association,
"Structural
Changes in Return-Generating Models around Tender Offers: Implications for
Abnormal Returns and Division of Dollar Gains" Financial Management
Association,
"Evaluating
the Probability of Failed Thrift Acquisitions" Financial Management
Association,
"Distribution
of Target Ownership and the Division of Gains in Successful Takeovers"
American Finance Association,
"Distribution
of Target Ownership and the Division of Gains in Successful Takeovers"
Western Finance Association,
"Structural
Changes in Return-Generating Models around Tender Offers: Implications for
Abnormal Returns and Division of Dollar Gains" Eastern Finance
Association,