Sungjoung Kwon

Sungjoung Kwon is an Assistant Professor of Finance at the Department of Finance, Mike Ilitch School of Business, Wayne State University, holding this position since 2021 after serving as an Instructor of Finance from August to December 2020.

His educational background includes:

• Ph.D. in Finance, Drexel University, 2020
• M.S. in Statistics, Michigan State University, 2014
• M.B.A. in Finance, Sogang University, 2010
• B.S. in Mathematics, Sogang University, 2006

Dr. Kwon's research centers on Corporate Finance and Entrepreneurial Finance with specialized focus on Venture Capital, Financial Intermediation, and Mutual Funds. His work examines corporate investments in startups through CVC units versus direct channels, analyzes the relationship between corporate social responsibility and executive-employee pay disparity, and investigates mutual fund activities in private markets.

His publication record (2019-2025) reveals consistent contributions to top finance journals including Journal of Financial Economics and Journal of Banking and Finance. Key research trajectories include sustainable finance transitions through innovation versus lobbying strategies, cash management dynamics, equity issuance patterns, and patent-driven growth mechanisms in innovative firms.