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Prof. Youngju Nielsen "AI is Revolutionizing Investing"
Professor Youngju Nielsen of Sungkyunkwan University's SKK GSB said, "AI enables individual investors to invest more easily and allows experts to design more sophisticated strategies" in an interview with Hankyung magazine. Prof. Youngju Nielsen emphasized that the importance of AI in the financial industry has increased, and the application of AI technology has expanded. She shared, "Previously, beginning quantitative investment using big data required much time and effort. Now, with a little programming knowledge, people are able to apply quantitative investment strategies." She added, "The gap will widen between those who try to learn and apply tools and those who do not." Original Article: https://magazine.hankyung.com/money/article/202412173007c
How will the Fed's rate cut affect Korea?
Professor Terence Lim of Sungkyunkwan University's SKK GSB analyzed how the Federal Reserve's decision to lower rates affects Korea's economy on the SBS biz broadcast. Prof. Lim predicted, "Despite weak domestic demand, the Bank of Korea has no choice but to slow the pace of its interest rate cuts." Regarding Donald Trump's second term, he stated, "President-elect Donald Trump plans to raise tariffs on Chinese goods. It will impact China's export market, and South Korea, which exports intermediate goods to China, will also be affected." He added, "Imposing tariffs on imported vehicles will significantly affect Korea's economy." Original Article: https://biz.sbs.co.kr/article/20000192269?division=NAVER https://biz.sbs.co.kr/article/20000200607?division=NAVER
SKK GSB Announces New Dean, Andrew Yi
Sungkyunkwan University's SKK GSB (Graduate School of Business) announced that Professor Andrew Yi will serve as the new Dean from Jan 1st. Dean Andrew Yi stated, "I am honored to step into the role of Dean of SKK GSB," and expressed sincere thanks to former Dean Eric Shih for his leadership and dedication to our school. Dean Yi said, "SKK GSB is uniquely positioned to lead in this era, as the global business environment is marked by profound uncertainty and rapid change." He declared his vision, "On this journey together, my focus will be on strengthening our commitment to academic excellence and enhancing our global connections." In addition, he emphasized, "Together, I am confident that we will turn uncertainty into opportunity and continue to set the standard for excellence in business education."
How Companies Decide What Information to Disclose?
Professor Suil Pae of Sungkyunkwan University's SKK GSB, with co-author Eunhee Kim (Baruch College–CUNY), has published a paper in the prestigious journal The Accounting Review, revealing how firms decide what information to disclose. According to the paper, when firms disclose good news, their stock prices increase, while bad news often results in a price drop. So, we assume that firms tend to disclose good news and withhold bad news. However, firms may sometimes disclose unexpected or seemingly inconsistent information. This happens because firms consider the disclosure cost. When a firm's disclosure costs increase, the likelihood of not disclosing information increases, leading firms to withhold or partially disclose it. A firm will reveal private information if the expected benefit of increasing the market price outweighs the disclosure cost. Also, uncertainty about information quality could explain why firms disclose bad news while withholding good news. Uncertainty leads them to choose partial disclosure in many cases. In conclusion, firms disclose or withhold specific information and consider the cost and uncertainty about the information to attain better market outcomes. This paper helps predict firms' behavior when disclosing information in real life. Original Journal: https://publications.aaahq.org/accounting-review/article/doi/10.2308/TAR-2023-0540/13146/Voluntary-Disclosure-When-Information-Quality-Is
[Where are you now?] Mihyang Kim (AI MBA Class 2th Graduate)
[Where are you now?] Minkyung Kim (Professional MBA Class 14th Graduate)
[Where are you now?] Yoon Mou Lee (Professional MBA Class 11th Graduate)
[Where are you now?] Angelica Calso (MSBA, Currently Business Analytics MBA 1st Graduate)
SKK GSB 20th Anniversary Celebration
2024 Fall Graduation ceremony
Business Analytics MBA Class of 2026 Orientation
2024 Fall Professional MBA Orientation
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