Henny Jung

Ownership Structure, Incentives, and Asset Returns

Hae Won Henny Jung, Ajay Subramanian, Qi Zeng

Journal article  |  2023  |  MANAGEMENT SCIENCE

We develop a dynamic equilibrium model to derive the endogenous relations among firms’ ownership structures, managerial incentives..

Search, product market competition and CEO pay*

Hae Won Henny Jung, Ajay Subramanian

Journal article  |  2021  |  JOURNAL OF CORPORATE FINANCE

Watch Your Basket - to Determine CEO Compensation

Neal Galpin, Hae Won Henny Jung, Lyndon Moore, Ekaterina Volkova

Journal article  |  2019  |  Financial Management

CEOs (chief executive officers) are paid more if they outperform other firms in their blockholders’ portfolios. For every percenta..

CEO talent, CEO compensation, and product market competition

Hae Won Henny Jung, Ajay Subramanian

Journal article  |  2017  |  JOURNAL OF FINANCIAL ECONOMICS

We develop a structural industry equilibrium model to show how competitive chief executive officer (CEO)-firm matching and product..

Capital Structure under Heterogeneous Beliefs

Hae Won Henny Jung, Ajay Subramanian

Journal article  |  2014  |  REVIEW OF FINANCE

We develop a structural model to quantitatively analyze the effects of asymmetric beliefs and agency conflicts on capital structur..