Simon
J. Pak
Academic Division Head, Management
Associate Professor of Finance
Penn State University, Great Valley
School of Graduate Professional Studies
30 E. Swedesford Road, Malvern, PA 19335
Tel: (610)725-5343 Fax (610)725-5224
Email: sjp14@psu.edu
Statement
on Teaching, Research and Service: Download
Statement (pdf)
Curriculum
Vita (long version):
Download CV (pdf)
CURRICULUM
VITA (short version)
EDUCATION:
Ph.D. Economics, University of California, Berkeley, 1980
M.A. Economics, George Washington University, 1976
M.S. Physics, University of North Carolina, Chapel Hill, 1972
B.S. Physics, Seoul National University, Korea, 1970
POSITIONS HELD:
2006 -
Academic Division Head, Management, Penn State University, Great Valley School of Graduate Professional Studies
2002 - Associate Professor of Finance, Penn State University, Great Valley School of Graduate Professional Studies
1984 - 2001 Associate Professor of Finance, Florida International University
1997 - 2001 Associate Director, Center for Banking and Financial Institutions, FIU
1981 - 1984 Assistant Professor of Economics, New York University, Graduate School of Business Administration
1979 - 1981 Instructor of Economics, New York University, Graduate School of Business Administration
1977 - 1978 Teaching/Research Assistant, University of California, Berkeley, Department of Economics
1972 - 1976 Research Assistant, World Bank, Office of Science & Technology
1970 - 1972 Teaching/Research Assistant, University of North Carolina, Chapel Hill, Department of Physics
TEACHING INTERESTS:
Corporate Finance
Financial Markets
Cases in Corporate Finance
Financial Decision Processes – Real options and capital budgeting
Financial Modeling
Financial Risk Management - Financial Engineering
Macroeconomics
RESEARCH INTERESTS:
Transfer Pricing
Capital Flight & International Trade Pricing Analysis
Financial Derivatives
PROFESSIONAL ORGANIZATION AFFILIATIONS:
Member, American Finance Association
Member, Financial Management Association
Member, Korea-America Finance Association (life-time member)
Member, Korea-America Economic Association (life-time member)
SELECTED RECENT PUBLICATIONS:
- "Capital Flight and Tax Avoidance Through
Abnormal Pricing in International Trade - the issue and
solutions," Chapter 11 of a report, Closing the Floodgates -
Collecting tax to pay for development, Commissioned by The Norwegian
Ministry of Foreign Affairs. Tax Justice Network International Secretariat
Ltd, London, UK 2007 - download
- Price Risk and Bid/Ask Spreads of Currency Options, Derivatives Use, Trading and Regulation, forthcoming (with de Boyrie, M.E. and Kim, Yong O.) - download
-
Estimating the magnitude of capital flight due to abnormal pricing in international trade: The Russia-USA case, Accounting Forum, 29, 2005, pp 249-270. (with de Boyrie, M.E. and Zdanowicz, J. S.) - download
-
The Impact of Switzerland’s Money Laundering Law on Capital Flows through Abnormal Pricing in International Trade, Applied Financial Economics, Vol. 15, No. 4, February 2005, pp 217-230 (with de Boyrie, M.E. and John S. Zdanowicz, J.S.) - download
-
Money Laundering and Income Tax Evasion:
The Determination of Optimal Audits and Inspections to Detect Abnormal
Prices in International Trade, Journal of Financial Crime, Vol. 12, No. 2, 2004. (with de Boyrie, M.E. and Zdanowicz, J. S.) - download
-
Are High Stock Market Prices Justified? Journal of Investing, Vol. 13, No. 4, Winter 2004, pp 67-73 (with Maria E. de Boyrie and William W. Welch) - download
-
Evaluation of Black-Scholes and GARCH Models Using Currency Call Options Data, Review of Quantitative Finance and Accounting, Vol. 23, No. 4, Dec 2004, pp 299-312 (with T. Harikumar and Maria E. de Boyrie) - download
-
Detecting Abnormal Pricing in International Trade: The Greece – USA Case, Interfaces 33(2), March-April 2003, pp. 54-64 (with Zanakis, S. H. and Zdanowicz, S. J) - download
RESEARCH GRANT:
Two-year pilot study
on transfer pricing through international trade 2003 -2005. Project title:
“Pilot Study - Analysis of the U.S. merchandise trade data base: the detection
of abnormal transfer pricing and the collection of under-payments of U.S.
income taxes.” Funded by U.S. Congress, $2,000,000 (co-principal investigator with Zdanowicz at Florida International University):