Department of Finance and Decision Sciences
Academic Seminars

Coordinator: Hung Wan Kot (hwkot@hkbu.edu.hk)

Forthcoming seminars

May 12, 2011 (Thursday), 2:30-4pm
WLB801E, Wing Lung Bank Building for Business Studies, Shaw Campus
G. Mujtaba Mian, Hong Kong Polytechnic University
Industries and Stock Return Reversals

2011

April 12, 2011 (Tuesday), 2-4pm
WLB602, Wing Lung Bank Building for Business Studies, Shaw Campus
Chan Chun Keung, Hong Kong Baptist University
A study on the impact of liquidity on the dynamics of option implied
volatility functin

February 15, 2011 (Tuesday), 11am-12:30pm
WLB 601, Wing Lung Bank Building for Business Studies, Shaw Campus
Mandy Tham, Nanyang Technological University
Spillover Effects in Mutual Fund Companies

February 1, 2011 (Tuesday), 2:30-4pm
WLB602, Wing Lung Bank Building for Business Studies, Shaw Campus
Sanry Y. S. Che, Hong Kong Baptist University
The Performance of Alternative Futures Buy-write Strategies

January 25, 2011 (Tuesday), 2:30-4pm
WLB602, Wing Lung Bank Building for Business Studies, Shaw Campus
Hung Wan Kot, Hong Kong Baptist University
On My Way Home: What Determines the Reverse Cross-listing Decision?

2010

December 29, 2010 (Wednesday), 3-4pm
WLB705B, Wing Lung Bank Building for Business Studies, Shaw Campus
Chuck C.Y. Kwok, University of South Carolina
How to Publish in Top Journals

December 7, 2010 (Tuesday), 2:30-4pm
WLB801E, Wing Lung Bank Building for Business Studies, Shaw Campus
Ping Jiang, University of International Business and Economics
Political Pressure or Rent Seeking? Role of Mutual Funds in the Split
Share Structure Reform

November 16, 2010 (Tuesday), 2:30-4pm
WLB801E, Wing Lung Bank Building for Business Studies, Shaw Campus
Jay Cao, Chinese University of Hong Kong
Idiosyncratic Risk, Costly Arbitrage, and the Cross-Section of Stock Return

October 26, 2010 (Tuesday), 2:30-4pm
WLB 705B, Wing Lung Bank Building for Business Studies, Shaw Campus
Yuanto Kusnadi, City University of Hong Kong
Ownership Structure, Institutional Development, and Political
Extraction: Evidence from China

October 12, 2010 (Tuesday), 2:30-4pm
Matthew Yiu, Hong Kong Monetary Authority
WLB 705B, Wing Lung Bank Building for Business Studies, Shaw Campus
Liquidity Crunch in Late 2008: High-Frequency Differentials between
Swap-Implied Funding Costs and Money Market Rates

May 3, 2010 (Monday) 11-12 noon
WLB 705B, Wing Lung Bank Building for Business Studies, Shaw Campus
E. Han Kim, University of Michigan, and Yao LU, Tsinghua University
The Board Independence Requirement and CEO Power
(Joint with Department of Economics)

April 20, 2010 (Tuesday) 2:30-4pm
WLB602, Wing Lung Bank Building for Business Studies, Shaw Campus
Jiangze Bian, University of International Business and Economics
One Day Selling Lock-Up

March 29, 2010 (Monday), 2:30-4pm
WLB406, Wing Lung Bank Building for Business Studies, Shaw Campus
Aris Stouraitis, City University of Hong Kong
An analysis of the characteristics of firms conducting corporate events inside and outside waves

Feb 2, 2010 (Tuesday), 3:30-5pm
WLB801E, Wing Lung Bank Building for Business Studies, Shaw Campus
Ingrid Lo, Bank of Canada
Information Shocks, Liquidity Shocks, Jumps, and Price Discovery - Evidence from the U.S. Treasury Market

Feb 2, 2010 (Tuesday), 10:30am-12pm
WLB801E, Wing Lung Bank Building for Business Studies, Shaw Campus
Liang Shao, University of South Carolina
Dividend Policy: Balancing Shareholders’ and Creditors’ Interests

Jan 18, 2010 (Monday), 2:30-4pm
WLB404, Wing Lung Bank Building for Business Studies, Shaw Campus
Yunling Chen, Hong Kong University of Science & Technology
Determinants and Real Impact of Debt Rollover: Evidence from Debt Reclassifications

2009

December 1, 2009 (Tuesday), 2:30-4pm
WLB801E, Wing Lung Bank Building for Business Studies, Shaw Campus
Joseph Fung, Hong Kong Baptist University
Initial day return and underpricing cost in advance payment initial public offerings

November 27, 2009 (Friday), 11:30am-12:30pm
WLB705B, Wing Lung Bank Building for Business Studies, Shaw Campus
Ping Jiang, University of International Business and Economics
Privatization and risk sharing: Evidence from the split share structure reform in China

October 19, 2009 (Monday), 10:30am-12pm
WLB801E, Wing Lung Bank Building for Business Studies, Shaw Campus
Karen Lai, Hong Kong Polytechnic University
Understanding the Variation of Foreign Share Price Discounts – A Study of Dual-listed Chinese Firms

September 29, 2009 (Tuesday), 2:30-4pm
WLB705B, Wing Lung Bank Building for Business Studies, Shaw Campus
Dragon Yongjun Tang, University of Hong Kong
Did Subjectivity Play a Role in CDO Credit Rating?

June 22, 2009 (Monday), 2:30-4pm
WLB 901E, Wing Lung Bank Building for Business Studies, Shaw Campus
Crystal Xiaobei Chen, Northeastern Illinois University
Short sales’ anatomy: bearish or bullish? -- Evidence from Hong Kong Stock Exchange

May 13, 2009 (Wednesday), 10:30am-12pm
WLB 901E, Wing Lung Bank Building for Business Studies, Shaw Campus
Youngsuk Yook, Sungkyunkwan University
Political Uncertainty and Corporate Investment Cycles

March 17, 2009 (Tuesday), 2:30-4pm
WLB 901E, Wing Lung Bank Building for Business Studies, Shaw Campus
Gary Li, University of Macau
Why Are Derivative Warrants More Expensive Than Options? An Empirical Study

February 27, 2009 (Friday), 10:30am-12pm
SCE1103, Baptist University Road Campus
Susan Jin Juan Ren, University of Hong Kong
Cross-listing and the pricing efficiency: The informational and anchoring role played by the reference price

February 26, 2009 (Thursday), 10:30am-12pm
WLB 901E, Wing Lung Bank Building for Business Studies, Shaw Campus
Yihui Wang, University of North Carolina at Chapel Hill
Does Credit Supply Drive the LBO Market?

2008

December 12, 2008 (Friday), 2:30-4pm
WLB 901E, Wing Lung Bank Building for Business Studies, Shaw Campus
Andy (Young Han) Kim, University of Minnesota
Default Probability and Forward Looking Performance Evaluation in Forced Turnover of CEO and CFO

November 25, 2008 (Tuesday), 2:30-4pm
WLB 901E, Wing Lung Bank Building for Business Studies, Shaw Campus
Lewis Tam, University of Macau
Conglomerate Structure and Capital Market Timing

November 11, 2008 (Tuesday), 2:30-4pm
WLB 901E, Wing Lung Bank Building for Business Studies, Shaw Campus
Ling Cen, Hong Kong University of Science & Technology
What Can We Learn from IPO Comparables Besides Valuation? IPO Shadow Stocks, Oversubscription Rates and Investor Sentiment in the Hong Kong Market

April 22, 2008 (Tuesday), 2:30-4pm
WLB 702, Wing Lung Bank Building for Business Studies, Shaw Campus
Dilip K. Ghosh, Yonsei University
Cross-listed cross-currency assets and arbitrage with forwards and options

March 18, 2008 (Tuesday), 2:30-4pm
WLB 901E, Wing Lung Bank Building for Business Studies, Shaw Campus
Steven X. Wei, Hong Kong Polytechnic University
Large Foreign Ownership and Firm-Level Stock Return Volatility in Emerging Markets

February 22, 2008 (Friday), 3:30-4:30pm
Room WLB 702, Wing Lung Bank Building for Business Studies, Shaw Campus
Anne-Laure Delatte, Hong Kong University of Science and Technology
Monetary Policy and Macrocontrol in China: The Actual Impact of Window Guidance
(Joint with Department of Economics)

Seminar coordinator at 2000-2007: Alexander Kwok-Wah Fung

2007

December 4, 2007 (Tuesday)
Yuanto Kusnadi, City University of Hong Kong
The Determinants of Corporate Cash Management Policies: Evidence from around the World

October 23, 2007 (Tuesday)
Lewis Tam, University of Macau
Controlling Ownership, Adverse Selection And Equity Offering Method Choice

July 5, 2007 (Thursday)
Qian Sun, Xiamen University
The choice of foreign primary listing: China’s share-issue privatization experience

May 29, 2007 (Tuesday)
Hung Wan Kot, Hong Kong Baptist University
The King's New Clothes? Price Reaction of Corporate Name Changes in the Hong Kong Market

May 21, 2007 (Monday)
Alex Frino, University of Sydney
The Information Content of Trader Identification

March 15, 2007 (Tuesday)
Xin Chang, University of Melbourne
Target Behavior and Financing: How Conclusive is the Evidence

March 6, 2007 (Tuesday)
Kin Lam, Hong Kong Baptist University
A Quantitative Behavioral Model and its Implication to Market Volatility, Underreaction and Overreaction

2006

October 3, 2006 (Tuesday)
Wing H. Chan, Wilfrid Laurier University
The Economic Value of Using Realized Volatility in the Index Options Market

February 7, 2006 (Tuesday)
Yang Bai, University of Hong Kong
Asset Prices Under Short-Sale Constraints

January 17, 2006 (Tuesday)
Hung Wan Kot, University of Waikato
What Determines Short Interest Level?

2005

October 25, 2005 (Tuesday)
Joseph K.W. Fung, Hong Kong Baptist University
Order Imbalance and the Dynamics of Index and Futures Prices

June 27, 2005 (Monday)
Daniel FS Choi, University of Waikato
The Investor Recognition Hypothesis: the New Zealand Case

February 7, 2005 (Monday)
Alan Wing-Keung Wong, National University of Singapore
Prospect and Markowitz Stochastic Dominance

2004

June 30, 2004
Robert Webb
On Price Discovery among Competing Futures Markets

2003

October 7, 2003
Raymond W. M. Tse
On the Pricing and Hedging of Discrete Dynamic Guaranteed Funds

September 16, 2003
Joseph K.W. Fung, Hong Kong Baptist University
The Impact of the Costs of Subscription on measured IPO Returns: The Case of Asia

March 25, 2003
Yue Kuen Kwok, Hong Kong University of Science and Technology
A Tale of Two Options: Employee Reload Options and Shout Call Options

January 16, 2003
Richard Harris
Bias in the Estimation of Non-Linear transformations of the Conditional Variance of Returns

2002

November 13, 2002
Jack S. K. Chang
Optimum Futures Hedge in the Presence of Clustered Supply and Demand Shocks, Stochastic Basis, and Firm’s Costs of Hedging

June 12, 2002
Wing-Keung Wong, National University of Singapore
On the Estimation of Cost of Capital and its Reliability

June 3, 2002
Kin Lam, Hong Kong Baptist University
A Theoretical Framework to Evaluate Different Margin-Setting Methodologies

March 12, 2002
Hung Wan Kot, Hong Kong University of Science and Technology
Price Reversal and Momentum Strategies

2001

18 June 2001
Wing-Keung Wong, National University of Singapore
Robust Estimation in Capital Asset Pricing Model

June 5, 2001
Jorge Pinto
NAFTA and its Implication on World Economy

May 11, 2001
Louis Cheng
Information Content and Price Reversals of Extended Trading for Index Futures

March 20, 2001
Taiji Watanabe
Does locality matter? A case of Nikkei 225 Index Futures

2000

October 17, 2000
Joseph K.W. Fung, Hong Kong Baptist University
Onscreen Trading of Stocks and the Mispricing of Index-Futures during Financial Crisis and Government Intervention

July 10, 2000
P.V. Viswanath
Tax Effects in Treasury Bond Pricing

May 9, 2000
George Tam
The Financial eFrastructure of Hong Kong: Today and Tomorrow

May 8, 2000
Henry M.K. Mok, Chinese University of Hong Kong
Profit Illusion in Box Spread Strategy: With Bid-Ask and Transaction Data of Index Options

May 2, 2000
Kalok Chan, Hong Kong University of Science and Technology
What If Trading Location is Different from Business Location? Evidence from Jardine Group

February 24, 2000
William K. H. Fung
Research in Hedge Funds: A Selective Survey

February 15, 2000
Alexander Kwok-Wah Fung, Hong Kong Baptist University
Effect of Index Basis at Market Closing on Futures Return in the U.S. and Hong Kong Markets: An Overreaction Perspective