CONTACT INFORMATION

Professor-in-Charge, Master of Finance Program

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 (o) (484)364-0015 (m)

Personal Website: http://www.personal.psu.edu/sjp14/

RECENT ADMINISTRATIVE & PROGRAM DEVELOPMENT EXPERIENCE at Penn State School of Graduate Professional Studies

- Professor-in-Charge, Master of Finance program (2008 – present): Manage a cohort weekend program. Part-time and online programs are scheduled to start in fall, 2011 and spring 2012, respectively.

- Academic Division Head, Management Division (2006-2008):

o Led the Management Division with 23 full-time faculty members offering three programs, MBA, Master of Leadership Development, and Master of Finance.

o The responsibilities included budgeting, faculty recruiting, annual faculty performance review, development of new degree program in management, student recruiting, and staff evaluation. During the two-year period, the graduate enrollment grew significantly during the two-year period, reaching to an all-time high of over 720 students

o Developed and launched in 2007 a new Master of Finance program, an accelerated cohort based weekend program

EDUCATION:

Ph.D. Economics   University of California, Berkeley, CA. 1980
M.A.    Economics   George Washington University, Washington, D.C. 1976
M.S.    Physics        University of North Carolina, Chapel Hill, NC. 1972
B.S.    Physics        Seoul National University, Korea. 1970

POSITIONS HELD:

2008 - Professor-in-Charge, Master of Finance program

2006 – 2008 Academic Division Head (interim), Management Division, Penn State University, School of Graduate Professional Studies

2002 - Associate Professor of Finance (tenured), Penn State University, School of Graduate Professional Studies

1997 – 2001 Associate Director, Center for Banking and Financial Institutions, Florida International University

1984 – 2001 Associate Professor of Finance (tenured), Florida International University

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

1972 – 1976 Research Assistant, World Bank, Office of Science & Technology

TEACHING AREAS OF INTEREST:

Financial modeling and valuation

Financial derivatives & risk management

Corporate finance

Real options and capital budgeting

Financial markets

RESEARCH:

Current Areas of Interest

o International trade data analysis & transfer pricing

o capital flight and tax avoidance & international trade pricing analysis

Publications

o Papers in economics and finance topics are published in American Economic Review, Journal of Finance, Journal of Retail Banking, Review of Quantitative Finance and Accounting, Journal of International Financial Markets, Institutions & Money, Real Estate Finance, Derivatives Use, Trading and Regulation, and Journal of Investing.

o Papers in topics of my current research interest in transfer pricing, capital flight, and tax avoidance are published in Applied Financial Economics, Journal of Financial Crime, Accounting Forum, Business Ethics Quarterly, International Trade Journal, Interfaces, Review of Pacific Basin Financial Markets and Policies, Finance India, and Tax Management: Transfer Pricing Report

FUNDED RESEARCH: Co-principal Investigator of a pilot study on transfer pricing through international trade, 2003-2005

o 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

o Funding: The U.S. Treasury/The U.S. Congress, $2,000,000

CONSULTING:

o Consulting on topics of abnormal import/export pricing for various civil societies and NGOs, including Tax Justice Network, Publish-What-You-Pay Norway, and Christian Aid

o Expert witness pre-trial consulting on IRS tax cases involving options trading for the U.S. IRS (two cases) and for a tax payer.

o Expert witness pre-trial consulting on abnormal import pricing for the U.S. Attorney, Department of Justice

RECENT CONFERENCES & MEETINGS:

Papers presented at academic conferences: The 2009 Annual Convention of Allied Social Science Associations (2009, San Francisco), The 2008 International Trade and Finance Association's eighteenth International Conference (2008, Lisbon, Portugal), the 20th Australian Finance & Banking Conference (2007, Sydney), Workshop on Tax, Poverty And Finance For Development, University of Essex (2006. Colchester, UK), The 16^th International Conference of International Trade and Finance Association (Lodz, Poland)

Invited participants at internal conferences and workshops on trade mispricing and capital flight sponsored by various international agencies such as the World Bank (2008 Oslo, Norway, 2009 Washington, D.C.), The Norwegian Ministry of Foreign Affairs (2008, Oslo, Norway), UN Department of Economic and Social Affairs (2008, Amsterdam, the Netherlands), Institute of Central America Tax Study (2010, Antigua, Guatemala), International Trade Data Users Conference (2006, Washington, D.C.), Christian Aid UK & International Tax Justice Network (2006, London, U.K.)

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)

OTHER ACTIVITIES:

Leading Master of Finance students Ringing NYSE Closing Bell on 10/10/2007

Leading Master of Finance students Ringing NASDAQ Opening Bell on 12/21/2010