Kyungjae Rhee Geumgang University   522, Sangwol-ro, Sangwol-myeon, Nonsan-si, Chungcheongnam-do, , 32906 Republic of Korea   kkr107@ggu.ac.kr             JEL Areas: G3 : Corporate Finance and Governance: General G1 : General Financial Markets: General (includes Measurement and Data)