Sa-Pyung Sean Shin is a doctoral candidate from Harvard Business School. His research interest lies in corporate governance and financial accounting. His current research projects focus on the topic of shareholder activism. His job market paper particularly examines the interplay between takeover defense measures that have shaped corporate governance environment since 1980’s and hedge fund activism that has recently become a major stimulus for board and management. In addition, he is broadly interested in the role of information, accounting and corporate governance across different capital markets around the world. He received a B.A. in Business Economics with a minor in Accounting from UCLA and a Master I degree in Economics from Toulouse School of Economics. He also served in the Republic of Korea Air Force for two years.