Skip to content

Sang Yop Kang

教授

sykang@stl.pku.edu.cn
sang918@gmail.com

“At STL, I dedicate myself to teach my students as future scientists and artists who analyze corporate governance issues with ‘warm hearts and cold brains.’ I am always happy at STL as my students develop themselves and prepare as future leaders who will accomplish 經世濟民 for their society and country.”

  • 个人简历

    Sang Yop KANG (姜尚烨),北京大学国际法学院教授(终身制)。Kang教授是公司法、公司治理、公司金融、证券法、资本市场、东亚经济与法律制度领域的学者。康教授获得四年全额奖学金(根据全国大学入学考试分数)进入延世大学商学院学习经济学(毕业率最高1%)。随后又在弗莱彻法律与外交学院学习,还获得延世大学法学院法学学士学位(延世大学法学院,毕业前1%)。 此外,Kang教授还获得哥伦比亚大学法学院J.S.D.(法学博士)和LL.M.(法学硕士)学位。同时,他也是欧洲公司管治学会(ECGI)研究成员,该组织是公司治理领域最负盛名的全球学术协会(法律,经济和金融)。

    在哥伦比亚大学法学院,Kang教授曾任 Fiske Harlan Stone学者(学术界的杰出人物)、Herman Finkelstein学者和访问学者项目研究员。自任教于北京大学国际法学院以来,他曾受邀参与哥伦比亚大学法学院法律与资本市场经济项目和哈佛大学法学院公司治理项目。此外,康教授还访问了斯坦福大学法学院,并与那里的教职员工一起对公司治理进行了研究。他还应邀在日本东京大学(University of Tokyo)教授公司治理课程。Kang教授经常应邀作为跨国会议的演讲者。他还是一些韩国律师事务所,比如 Kim & Chang and Shin & Kim,的客座学者。

    Kang教授于2011年加入北京大学国际法学院,曾两次荣获北京大学最佳教学奖(2012-13年度和2016-17年度),并荣获2017清华中国法律评论研究优秀奖。Kang教授是一名律师,在学习法律之前,Kang教授曾任分析员和基金经理。他也是一名注册金融分析师(CFA)。

    他的论文刊登于高校的知名商业法律期刊,涵盖斯坦福大学法学院、宾州大学法学院、佛吉尼亚大学法学院、加州大学伯克利法学院、西北大学法学院和清华大学法学院等。此外,他与世界一流的公司治理领域的研究学者合著了《关联交易的法律和金融》(Law and Finance of Related Party Transactions)(剑桥大学出版社)一书。

    学术任职(北京大学国际法学院)

    • 教授:2017 - 至今
    • 副教授:2014 - 2017
    • 助理教授:2011 - 2014

    研究与教学经历

    • 东京大学法学院:公司治理教学(2019年8月)
    • 斯坦福法学院:公司治理项目研究(2019年5月)
    • 哈佛大学法学院:公司治理研究(2017年1月 - 2月)
    • 哥伦比亚大学法学院:访问学者(2016年暑期;2015年4月)
    • 哥伦比亚大学大学院:访问研究员(2011年暑期;2007 - 2008年)

    研究领域

    • 公司治理
    • 公司法(一般理论;美国,韩国,中国)
    • 证券法
    • 企业并购
    • 公司和资本市场的法与经济
    • 金融市场与法规
    • 金融政策与监管
    • 初创企业和风险投资
    • 法人团体
    • 机构投资者;对冲基金和私募股权基金
    • 股东积极性与机构投资者的管理
    • 法与金融、法与政治
    • 高管薪酬
    • 中国经济政策;中国公司治理;东亚经济与法律体系
    • 政治经济

    专业资格与协会认证

    • 律师资格证(纽约)
    • 注册金融分析师(CFA)
    • 金融风险管理师(FRM)
  • 主授课程
    • 公司法(美国、韩国、中国等)
    • 全球视角下的公司治理法
    • 公司法的经济学分析
    • 证券法
    • 公司与金融市场
    • 东亚经济体制
  • 研究成果
    • Diversified Enterprises with Controlling Shareholders: A Theoretical Analysis of Risk-Sharing, Control/Voting Leverage, and Tunneling in the Research Handbook on Comparative Corporate Governance (Afra Afsharipour & Martin Gelter eds., Edward Elgar, forthcoming) (single authored)
    • Korea’s Stewardship Code and the Rise of Shareholder Activism: Agency Problems and Government Stewardship Revealed in Global Shareholder Stewardship: Complexities, Challenges and Possibilities (Dionysia Katelouzou & Dan W. Puchniak eds., Cambridge University Press, forthcoming) (co-authored with Kyung-Hoon Chun)    
    • Book Review: Independent Directors in Asia, Cambridge University Press Asian Journal of Law and Society (2019) (single-authored)
    • Optimally Restrained Tunneling: The Puzzle of Controlling Shareholders’ “Generous” Exploitation in Bad-Law Jurisdictions, in The Law and Finance of Related Party Transactions: A Comparative Analysis (Luca Enriques & Tobias H. Tröger eds., Cambridge University Press 2019) (single-authored; an abbreviated version of “Generous Thieves”: The Puzzle of Controlling Shareholder Arrangements in Bad-Law Jurisdictions, Stanford Journal of Law, Business & Finance (2015))
    • “Game of Thrones”: Children’s Competition and Corporate Governance Issues in Family-Controlled Corporations, Berkeley Business Law Journal (2018) (single-authored)    
    • The Independent Director System in China: Weaknesses, Dilemmas, and Potential Silver Linings, Tsinghua China Law Review (2017) (single-authored)
    • Rethinking Self-Dealing and the Fairness Test: A Law and Economics Framework for Internal Transactions in Corporate Groups, Virginia Law & Business Review (2016) (single-authored)
    • Tension Between Shareholder Primacy and (Quasi) Monopoly: A Theoretical Analysis of Controlling Shareholder Economies and China, University of Pennsylvania East Asia Law Review (2015) (single-authored)
    • “Generous Thieves”: The Puzzle of Controlling Shareholder Arrangements in Bad-Law Jurisdictions, Stanford Journal of Law, Business & Finance (2015) (single-authored)
    • Taking Voting Leverage and Anti-Director Rights More Seriously: A Critical Analysis of the Law and Finance Theory, Columbia Journal of Asian Law(2015) (single-authored)
    • Competition Law Meets Corporate Governance: Ownership Structure, Voting Leverage, and Investor Protection of Large Family Corporate Groups in Korea, Peking University Transnational Law Review (2014) (co-authored with Nansulhun Choi) 
    • Re-envisioning the Controlling Shareholder Regime: Why Controlling Shareholders and Minority Shareholders Often Embrace Each Other, University of Pennsylvania Journal of Business Law (2014) (single-authored)
    • Transplanting a Poison Pill in Controlling Shareholder Regimes: Why It Is So Difficult, Northwestern Journal of International Law and Business (2013) (single-authored)

    其他作品

    • Rethinking Self-Dealing and the Fairness Test: A Law and Economics Framework for Internal Transactions in Corporate Groups, Oxford Business Law Blog (based on the invitation from University of Oxford, the summary of an article with the same title—which was published by The Virginia Law & Business Review in 2016—was posted on the blog)

    Presentations

    • Shareholder Stewardship in Korea, Conference at King’s College London (forthcoming, September 2019)
    • Foreign Listing and Bonding Theory (tentative title), Symposium at University of Tokyo (forthcoming, August 2019)
    • The Vanke-Baoneng Case and Beyond: Hostile Takeover and Corporate Governance in China, Comparative Corporate Governance Conference 2019, Singapore Academy of Law (January 2019)
    • (Startup Companies and Their) Control Issues, Legal and Funding Issues for Successful Startups, Peking University School of Transnational-University of California, Berkeley Joint Conference (December 2018)
    • 法人团体, in the Perl River Delta Academy of International Trade and Investment Law (PRAIA) Program (November 2018)
    • Hostile Takeover and Corporate Governance in China: Based on the Vanke Case, Conference on Corporate Governance and Business Transactions in Asia, National Singapore University (jointly organized by National University of Singapore and Stanford Law School) (September 2018)
    • Hostile Takeover and Corporate Governance in China: Based on the Vanke Case, 2018 Trans-Pacific Business Law Dialogue, Seoul National University (July 2018)
    • Corporate Law and Corporate Governance, Peking Univ. STL Road Show Lecture in Fudan University (复旦大学) (June 2018)
    • Hostile Takeover and Corporate Governance in China: Based on the Vanke Case, Asian Law Institute (ASLI) Conference, Seoul National University (May 2018)
    • Unpacking Voting Leverage Mechanisms: Theoretical Analysis, 2018 Beijing Conference German and East Asian Perspectives on Corporate and Capital Market Law: Diversity of Shareholders and Corporate Governance, Peking University (Beijing) (March 2018)
    • Board Composition and Independent Directors in Korea, University of Leeds (January 2018)
    • Corporate Groups and Internal Transactions, in the Perl River Delta Academy of International Trade and Investment Law (PRAIA) Program (November 2017)
    • Issuing New Shares, Convertible Bonds and Corporate Governance, Tsinghua University (清华大学) School of Law International Conference (October 2017)
    • Related Party Transactions in China, Goethe University (October 2017)
    • Related Party Transactions in China, University of Oxford (May 2017)
    • “King Lear Problems”: Succession and Corporate Governance Issues in Family Corporations, Peking University School of Transnational Law (Faculty Seminar) (March 2017)
    • King Lear Problems”: Corporate Governance Issues of Succession in Family Corporations, University of California, Berkeley, International Conference entitled “Comparative Corporate Governance” (February 2017)
    • Internal Transactions and Fairness, Korea Economic Research Institute (January 2017)
    • “King Lear Problems”: Corporate Governance Issues During the Succession in Family Corporations, Peking University PHBS Business School (Faculty Seminar) (December 2016)
    • “King Lear Problems”: Corporate Governance Issues During the Succession in Family Corporations, Tsinghua University (清华大学) School of Law (Public Lecture) (December 2016)
    • “King Lear Problems”: Corporate Governance Issues During the Succession in Family Corporations, Peking University School of Transnational Law (Public Lecture) (December 2016)
    • Rethinking Self-Dealing and the Fairness Test: A Law and Economics Framework for Internal Transactions in Corporate Groups, Renmin University (人民大学) School of Law (Public Lecture) (November 2016)
    • Hostile Takeovers and Defenses: Lessons from Korea for China, Tsinghua University (清华大学) School of Law International Conference (October 2016)
    • Reconsidering the Independent Director System in China: A Silver Lining Amidst Weaknesses?, Peking University School of Transnational Law (Faculty Seminar) (October 2016)
    • Understanding Corporate Groups in Asia: Transnational Law and Economics Perspective, in the Perl River Delta Academy of International Trade and Investment Law (PRAIA) Program (July 2016)
    • Rethinking Self-Dealing and the Fairness Test: A Law and Economics Framework for Internal Transactions in Corporate Groups, Peking University PHBS Business School Seminar (July 2016)
    • King Lear Problem: Succession Crisis in Family-Controlled Corporations, Asian Law and Economics Association Conference (June 2016)
    • Cumulative Voting, Corporate Groups, and Institutional Investors, Asian Law Institute Conference (May 2016)
    • Rethinking Self-Dealing and the Fairness Test: A Law and Economics Framework for Internal Transactions in Corporate Groups, Peking University School of Transnational Law (Faculty Seminar) (May 2016)
    • Dilemmas of the Independent Director System in China, Tsinghua University (清华大学) School of Law International Conference (November 2015)
    • Market Dominant Corporation, Shareholder Wealth, and Welfare of a Nation: Analysis in Controlling Shareholder Economies and China, Korea Law and Economics Association Conference (June 2015)
    • Market Dominant Corporation, Shareholder Wealth, and Welfare of a Nation: Analysis in Controlling Shareholder Economies and China, Peking University School of Law (Faculty Seminar) (June 2015)
    • Refining Disciplines on State-Owned Enterprises: Lessons from China, Korea, Japan, and the ICSID Convention (with Mark Feldman), Peking University School of Law (Faculty Seminar) (May 2015)
    • Tension Between (Quasi) Monopoly and Shareholder Value Maximization, Korea Securities Law Association (February 2015) 
    • The Puzzle of Controlling Shareholder Arrangements: Why Some Controlling Shareholders “Generously” Expropriate from Minority Shareholders, Shin & Kim (August 2014)
    • Re-envisioning Investors’ Anti-Director Rights Index: Theory, Criticism, and Implications, Korean Securities Law Association (July 2014)
    • Law and Economics Analysis on (Unfair) Self-Dealing in Chaebols: Problems, Reforms, and Evaluation, University of Tokyo Law Faculty (May 2013)
    • Nonlegal Mechanisms for Constraining Controlling Shareholders: Analysis of “Roving” and “Stationary” ControllersPeking University School of Transnational Law (Faculty Seminar) (March 2013)
    • Controlling Shareholders: “Roving” v. “Stationary”, Seoul National University Law Research Institute, International Conference “Recent Trends in Research on Corporate Law” (September 2012)
    • Efficiency Market Hypothesis, Behavioral Finance, and the Securities Regulation, Korea Law and Economics Association (August 2012)
    • S. Takeover Doctrines and Their Implications, Korea Securities Law Association (July 2012)
    • Evaluating Macro-level Corporate Governance Index, Peking University School of Transnational Law (May 2012)
    • Re-envisioning the Controlling Shareholder Regime: Why Controlling Shareholders and Minority Shareholders Embrace Each Other?, Peking University School of Transnational Law (March 2011)

    Comments

    • Invited as a commentator at Tsinghua University (清华大学) School of Law International Conference (October 2018)
    • Invited as a commentator in a conference organized by National University of Singapore (NUS) and Singapore Management University (SMU) (January 2018)
    • Invited as a commentator at Renmin University (人民大学) School of Law in the Symposium, “The Development of Legal Journals in English in China” (December 2016)
    • Invited as a commentator at Renmin University (人民大学) School of Law in the conference organized by the two journals, The Frontiers of Law in China and The Journal of Contemporary China (May 2016)

    Other Academic Activities

    • Invited as a participant in a conference, “Investors, Firms, and ESG” held at University of Oxford Saïd Business School (June 2019)
    • Worked as a reviewer of a manuscript submitted to the Journal of Business Ethics (February 2019)
    • Organized a conference, “Legal and Funding Issues for Successful Startups” (a joint conference held by Peking University School of Transnational-University of California, Berkeley) (December 2018)
    • Invited as a chair/moderator in a session of a conference, “China, United States, and Comparative Law Today” held at Peking University School of Transnational Law (November 2018)
    • Invited as a chair/moderator in a session of a conference, “Legal Policies for Sustainable Development in China and Korea) (a joint conference held by Peking University Law School and Yonsei University Law School) (August 2018)
    • Worked as a reviewer of a manuscript submitted to the Journal of Business Ethics (August 2018)
    • Invited as a commentator in a conference organized by National University of Singapore (NUS) and Singapore Management University (SMU) (January 2018)
    • Invited as a participant in the discussion group at the conference of “German and East Asian Perspectives on Corporate and Capital Market Law” organized by Seoul National University and Max Planck Institute (March 2017)
    • Worked as a reviewer of a manuscript submitted to the Asian Journal of Comparative Law (Cambridge Journal) (December 2015)

    Work-in-Progress

    • Hostile Takeover and Corporate Governance in China: Based on the Vanke Case (First Draft)
    • Related Party Transactions in Chinese State-Owned Enterprises (First Draft)
    • Cumulative Voting, Corporate Groups, and Institutional Investors (First Draft)
    • Understanding State-Owned Enterprises (First Draft)
    • Takeover Defense Mechanisms in Korea (First Draft)
    • Bonding Theory and Cross-Listing of Chinese Corporations
    • Why Stock Options “Can” Be Inefficient in China
    • Limits of Shareholder Wealth Maximization
    • Corporate Groups and Controlling Family Shareholders: Critiques of the Traditional View
    • Does Hedge Fund Activism Improve the Quality of Corporate Governance?
    • It Might Be Better to Live with Devils That We Know: Why Fundamental Reforms on the Controlling Shareholder System Would Fail
    • Efficient Market Hypothesis, Behavioral Finance, and 证券法 in Developing Economies
  • 教育背景
    • J.S.D., 哥伦比亚大学法学院
    • LL.M., 哥伦比亚大学法学院
    • LL.B., 韩国延世大学
    • M.A.L.D., 塔夫斯大学弗来彻法律与外交学院
    • B.A., 韩国延世大学
  • 相关新闻