The Hang Seng University of Hong Kong
School of Business - The Hang Seng University of Hong Kong

Dr Stephen HWANG

Assistant Professor
Department of Management

  • D504-B(5)
  • (852) 3963 5458
Active
Researcher

Academic & Professional Qualifications

PhD (Northwestern University, USA)
MA (Seoul National University, South Korea)
BBA (Seoul National University, South Korea)

Biography

Seok-Hyun (Stephen) Hwang is an Assistant Professor of Management at The Hang Seng University of Hong Kong. His research focuses on strategic leadership and corporate governance, with particular interests in executive labor markets, shareholder activism, and corporate social responsibility. He teaches courses on corporate strategy, international business, entrepreneurship, and negotiations at both undergraduate and postgraduate levels.

Research and Teaching Interests

Research interests: Strategic leadership; corporate governance; corporate social responsibility
Teaching interests: Corporate strategy; international business; entrepreneurship; negotiations

Intellectual Contributions (Publications, Conferences, Books, Book Chapters, etc.)

  • Hwang, S. & Zajac, E. 2025 “How Outside Opportunities Affect CEO Compensation: Fact or Friction?” Academy of Management Annual Conference, Copenhagen, Denmark.
  • Kang, Y., Hwang, S., & Jung, T. 2024. “When Innovator Casts A Shadow: CEO Inventor Experience and Corporate Social Irresponsibility.” Academy of Management Annual Conference, Chicago, IL.
  • Hwang, S. & Zajac, E. 2024 “When Opportunity Knocks, What’s the Response? How Exogeneous Change Affects CEO Compensation” Academy of Management Annual Conference, Chicago, IL.
  • Hwang, S., Kang, Y., & Jung, T. 2023. “A Study on Inventor CEO Experience, Governance Mechanisms, and Earnings Management.” Academy of Management Annual Conference, Boston, MA.
  • Hwang, S. 2022. “Does Increased Labor Market Demand Affect CEO Compensation? Evidence from a Natural Experiment.” Academy of Management Annual Conference, Seattle, WA.
  • Gai, S., Havrylyshyn, A., Hwang, S., Lee, M., Schepker, D., Shi, W., Zajac, E., & Zyung, D. 2022. “The Rise of Stakeholder Governance and Diversity, and Consequences on Executive and Board Careers.” Academy of Management Annual Conference, Seattle, WA.
  • Hwang, S. & Zajac, E., 2021. “Too Legit to Quit? How Shareholder Activism Differentially Affects Outside Directors.” Academy of Management Annual Conference (Virtual).
  • Ahn, S., Cho, T., Hwang, S. & Cho, C., 2021. “CEO Regulatory Focus, Decision Frames, and Earnings Management.” Academy of Management Annual Conference (Virtual).
  • Hwang, S. & Zajac, E., 2020. “Too Legit to Quit? How Shareholder Activism Differentially Affects Outside Directors.” Academy of Management Annual Conference (Virtual).
  • Hwang, S. & Zajac, E., 2020. “Too Legit to Quit? How Shareholder Activism Differentially Affects Outside Directors.” European Group on Organisation Studies (EGOS) Colloquium (Virtual).
  • Ma, J. & Hwang, S., 2019. “Who Governs Whom? Evidence from Outside Directors’ Actual Boardroom Voting Behavior in China.” Strategic Management Society Annual Conference, Minneapolis, MN.
  • Hwang, S. & Stern, I., 2019. “Outside Directors’ Status Anxiety and CEO Dismissal Following a Loss in Firm Status.” Strategic Management Society Special Conference, Las Vegas, NV.
  • Hwang, S. & Wernicke, G., 2019. “How CEO Characteristics Affect Investor Reactions to Large Acquisitions: A Case of Lawyer-CEOs.” Strategic Management Society Special Conference, Las Vegas, NV.
  • Hwang, S. & Zajac, E., 2018. “Explaining Bi-Directional Spillovers from the Same Event: Theory and Evidence from CEO Deaths.” Strategic Management Society Annual Conference, Paris, France.
  • Szatmári, B. & Hwang, S., 2018 “Like a Tree Falling Unheard in the Forest: The Effect of Audience Remembering on Status Spillover in Status-based Relations.” Strategic Management Society Annual Conference, Paris, France.
  • Hwang, S. 2018. “Explaining Bi-Directional Spillovers from the Same Event: Theory and Evidence from CEO Deaths.” Academy of Management Annual Conference, Chicago, IL.
  • Szatmári, B. & Hwang, S., 2018. “Like a Tree Falling Unheard in the Forest: The Effect of Audience Remembering on Status Spillover in Status-based Relations.” European Group of Organizational Studies (EGOS) Colloquium, Tallinn, Estonia.
  • Hwang, S. & Stern, I., 2017. “Don’t Dare to Knock Them off Their Pedestal: The Likelihood of CEO Dismissal Following a Loss in Firm Status.” Academy of Management Annual Conference, Atlanta, GA.
  • Hwang, S. & Stern, I., 2016. “Don’t Dare to Knock Them off Their Pedestal: The Likelihood of CEO Dismissal Following a Loss in Firm Status.” Strategic Management Society Annual Conference, Berlin, Germany.
  • Lee, J. & Hwang, S., 2016. “How New CEO Gender and the Board Composition Affect the Amount of First Pay.” Academy of Management Annual Conference, Anaheim, CA.
  • Hwang, S. & Stern, I., 2015. “Don’t Dare to Knock Them off Their Pedestal: The Likelihood of CEO Dismissal Following a Loss in Firm Status.” Strategic Management Society Annual Conference, Denver, CO.
  • Lee, J. & Hwang, S., 2015. “How New CEO Gender and the Board Composition Affect the Amount of First Pay.” Strategic Management Society Annual Conference, Denver, CO.
  • Cho, T., Chung, S. & Hwang, S., 2015. “Post-Acquisition Innovativeness in High-Tech Industries: The Role of Attentional Congruence.” Academy of Management Annual Conference, Vancouver, BC, Canada.
  • Jin, K. & Hwang, S., 2013. “Unpacking Performance Heterogeneity in Group-Affiliated Firms in Korea.” Academy of Management Annual Conference, Orlando, FL.
  • Hwang, S., Cho, T. & Chai, D., 2012. “Dismissal of Newly Appointed CEOs: A Behavioral Theory Perspective.” Academy of Management Annual Conference, Boston, MA.
  • Hwang, S. & Cho, T., 2012. “When Do We Jump In? Managerial Attention and Acquisition Timing in M&A Waves.” Annual Meeting of Korean Strategic Management Society, Seoul, Korea.