Sangcheol Song, Ph.D.

Associate Professor
Office: Mandeville 377
Phone: (610) 660-2241


B.A. Yonsei university, Seoul, Korea, 1996
M. B. A. Yonsei university, Seoul, Korea, 1998
Ph. D. The Ohio State University, Columbus, Ohio, USA, 2008

Professional Experience

Full-time instructor and Teaching officer, Korea Third Military Academy, 1998-2001.
Assistant manager, Korea Development Bank, 2001-2004.

Courses Taught

  • Cultural Diversity and International business (undergraduate)
  • Introduction to International Business (undergraduate)
  • International Management (undergraduate)
  • Managing Foreign Direct Investment (Undergraduate)
  • Business Policy (Undergraduate, capstone)
  • International Management (MBA, online)
  • Global Business Strategy (MBA, capstone)
  • Managing International Strategic Alliances (MBA, online)


Social Science Citation Index (SSCI) Articles 

  • Host country uncertainty, intra-MNC production shifts, and subsidiary performance.2012. Strategic Management Journal, 33(11): 1331-1340.(with Lee S-H)
  • Cultural differences, the MNE's learning ability, and the effect of experience on subsidiary mortality in a dissimilar culture: Evidence from Korean MNEs. 2013. Journal of International Business Studies, 2013, 44(1): 41-65.(with Zeng Y, Shenkar O, Lee S-H)
  • FDI experience and subsidiary mortality: Differences in national culture and the expansion of Korean MNEs. 2013.  Management International Review, 53(3): 477-509.(with Zeng Y, Shenkar O, Lee S-H)
  • FDI structure, investment specificity, and multinational flexibility value under market uncertainty. 2013. Management International Review , 53(6): 795-817.
  • Governments, entrepreneurs, and positive externalities: A real options perspective. 2013. European Management Journal, 31: 333-347.(with Lee S-H, Peng MW)
  • Investment irreversibility and longevity of MNC foreign subsidiaries: The moderating effect of host market uncertainty. 2014. Asia Pacific Journal of Management, 31(2): 455-471
  • Foreign subsidiary divestment: The role of multinational flexibility. 2014. Management International Review, 54(1): 47-70.
  • Unfavorable market conditions, Institutional and financial development, and exits of small foreign subsidiaries. 2014. Journal of International Management, 203: 279-289.
  • Within-country growth options vs. Across-country switching options in foreign direct investments. 2014. Global Strategy Journal, 4: 127-142.(with Makhija M, Lee S-H)
  • Inter-country exchange rates and intra-firm trade flows within global network of multinational corporations.2015. Management International Review, 55(1): 1-22.
  • Exchange Rate Challenges, flexible Intra-firm adjustment and subsidiary longevity. 2015. Journal of World Business, 50(3): 548-558.
  • Social corporate responsibility in international business: Illustrations from Korean and Japanese electronics MNEs in Indonesia. 2015 Journal of Business Ethics, 129(3): 747-761. (with Park YR, Choe S, Baik Y.)

  • Operational hedging in foreign direct investment under volatile and divergent exchange rates across countries. 2015. Journal of World Business, 50(3): 548-558.(with Lee S-H, Makhija M.)

  • International investments under uncertainty: Contributions of real options theory and future directions. 2015. Journal of Management & Organization, 21(6): 786-811. (with Makhija M, Kim S-M.)
  • Ownership increase in international joint ventures: The Within- and Across-country flexibility perspective. 2017. Management International Review, 57(1): 93-120.
  • Host market uncertainty, subsidiary characteristics, and growth options exercise. 2017. Long Range Planning, 50(1): 63-73.
  • The hysteresis effects of relationships with headquarters on longevity of foreign subsidiaries. 2017. Management International Review. 57(4), 545-570.(with Lee J-Y.)
  • Determinants of corporate international expansion beyond the home region: An empirical examination of U.S. MNEs' expansion to Europe and Asia-Pacific. 2017. Global Strategy Journal,7(4), 400-426.(with Mauri A, Neiva J.)
  • How outside directors' human and social capital creates value for corporate international investments. 2019. Journal of World Business, 54(2): 93-106. (with Lai J-H, Chen L-Y)

Best Paper Proceedings

  • Song S. 2007. Two contradictory effects of prior experience on early exits of partially-owned firms. Best paper proceedings, Hayes graduate research forum, The Ohio State University.
  • Song S, Makhija M, Lee S., 2008. Growth and switching options in foreign direct investment. Best Paper Proceedings: The Academy of Management, Anneheim, USA
  • Zeng Y, Shenkar O, Song S, Lee S. 2009. Cultural differences, location of prior FDI experience and survival of subsequent projects: The case of Korean MNEs. Best Paper Proceedings: The Academy of International Business, San Diego, USA.
  • Song S. 2014. Value and cost of multinationality: Comparing international diversification and real options effects. Outstanding research paper Proceedings: Global Conference on Business and Finance Research, Hawaii, USA.

Grants and Awards

  • Samsung Distinguished Paper Award, The Academy of Management (2008) 
  • SSK Research fund, The Sustainability of Korean Management in the Global Market: Competitiveness and CSR, The National Research Foundation of Korea (2012~2018)
  • Summer Research Grant, Saint Joseph's University (2013) 
  • Referred Article Award, HAUB School of Business, Saint Joseph's University (2013~)
  • Faculty Research Merit Award, Saint Joseph's University (2013) 
  • Outstanding Research Award. Global Conference on Business and Finance Research (2014)
  • Teaching Innovation Award, Middle Atlantic Association of Colleges of Business Administration (MAACBA) (2014)
  • Michael J. Morris Grant for Scholarly Research, Saint Joseph's University (2015)
  • Best Reviewer Award, Yonsei Business Review (2016)
  • Distinguished professorship Research Grant, Chongqing Technology & Business University (2018~)


  • Strategic and operational flexibility under uncertainty
  • Real options, hysteresis effect, escalating commitment
  • Experience, culture, and organizational Learning
  • Market entry and exit strategies
  • Dynamics in strategic alliances and joint ventures
  • Corporate social responsibility and sustainability in international business realm
  • Teaching pedagogies in strategy and international business education