Sonya Seongyeon Lim
Assistant Professor of Finance

DePaul University
1 E. Jackson Blvd
Chicago, IL 60604
 Phone: (312) 362-8825
Fax: (312) 362-6566

Curriculum Vitae

Publications

"Driven to Distraction: Extraneous Events and Underreaction to Earnings News," with David Hirshleifer and Siew Hong Teoh, 2008, Journal of Finance, forthcoming.

"How Do Decision Frames Influence the Stock Investment Decisions of Individual Investors?" with Alok Kumar, 2008, Management Science 54 (6), 1052-1064.

"Real Options and Real Value: The Role of Employee Incentives to Make Specific Knowledge Investments," with Heli Wang, 2008, Strategic Management Journal 29, 701-721.

"Reference Point Adaptation: Tests in the Domain of Security Trading,", with Hal Arkes, David Hirshleifer, and Danling Jiang, 2008, Organizational Behavior and Human Decision Processes 105, 67-81.

"The Effect of Financial Hedging on the Incentives for Corporate Diversification," with Heli Wang, 2007, Journal of Economic Behavior and Organization 62, 640-656.

"Do Investors Integrate Losses and Segregate Gains? Mental Accounting and Investor Trading Decisions," 2006, Journal of Business 79 (5), 2539-2573.

"Valuing and Hedging American Options under Time-Varying Volatility," with In Joon Kim and Suk Joon Byun, 2004, Journal of Derivatives Accounting 1 (2), 195-204.

"Firm Risk Management Policies: Financial Hedging and Corporate Diversification," with Heli Wang, 2001, Academy of Management Proceedings.

Working Papers

"Prospect Theory and Reference Point Adaptation: Evidence from the US, China, and Korea," with Hal Arkes, David Hirshleifer, and Danling Jiang.

"Disclosure to an Audience with Limited Attention," with David Hirshleifer and Siew Hong Teoh.

"Firm and Managerial Incentives to Manipulate the Timing of Project Resolution", with Tarun Chordia and David Hirshleifer.

Presentations & Discussions
2001: FMA European Meeting, 2002: Ohio State University, Louisiana State University, University of Georgia, SUNY-Buffalo, 2003: Drexel University, University of Virginia-McIntire, DePaul University, Queen's University, CUNY-Baruch College, National University of Singapore, HKUST, 14th Financial Economics and Accounting conference, 2004: American Finance Association Meeting (discussion), PanAgora Asset Management, KAIST, Seoul National University, Korea University, Society for Judgment and Decision Making Annual Meeting. 2005: European Finance Association Meeting, Financial Management Association Meeting (discussion), Pennsylvania State University, 2006: Behavioral Decision Research in Management Conference, Western Finance Association Meetings (discussion), University of California-Irvine, NBER behavioral finance meeting, Financial Research Association meeting, 2007: Chicago Quantitative Alliance conference, University of Kansas. 2008: Financial Management Association Meeting (discussion; scheduled)
Referee
American Economic Review, Economic Journal,Journal of Applied Finance, Journal of Economic Psychology, Journal of Empirical Finance, Journal of Finance, Journal of Financial Markets, Management Science, Pacific Basin Finance Journal.
Awards

Chicago Quantitative Alliance Annual Academic Competition, 2007, third prize.

National Science Foundation Research Grant SES-0339052, 2004-2007, "Collaborative Research: Reference Point Adaptation and Mental Accounting -- Dynamic Extensions of Prospect Theory ", Principal Investigator, $131,538.

PanAgora Asset Management Crowell Memorial Prize Paper Competition, 2004, first prize.

Booz Allen Hamilton/Strategic Management Society Ph.D Conference Paper Fellowship Award, 2001.

Last updated: July 2008