Attention:
Please do not quote anything from each paper without
permission of the author(s).
The
Joint 14
第十四屆亞太財務經濟及會計會議暨2006台灣財務工程學會聯合研討會
會議議程表
Friday, July 14, 2006
8:
9:
Distinguished Professor of Finance and
Economics,
(
9:
Chairperson: Chun-Yen
Chang, National
( 國立交通大學校長
張俊彥
)
(
9:
Speaker:
Title:
Convergence
and Contagion in the
Evidence from Operational Risk Event
Chairperson:
(
10:
10:
台灣創投業之發展
(
Panel
Session II. The Development of Options and Futures Products: Present and Future
選擇權與期貨產品發展之現況與展望
(International Reception
Hall)
Panel
Session III. International Investment Strategy
國際投資策略
(Room 110)
Panel
Session IV. Potential IPOs opportunities for Taiwanese Corporations in the
Singapore Exchange 台灣公司在新加坡國際金融交易所的IPO之機會
(Room
105)
Academic
Session II. Financial Accounting (A)
(Room
109)
Academic
Session III. Management of Financial Institution (A)
(Room 104)
Academic
Session IV. Asian Stock Market (A)
(Room
107)
Academic
Session V. Japanese Financial Market
(Room 101)
12:15
p.m. 14:00 p.m. Lunch &
Luncheon Speech午餐暨午餐演講:
Speaker:
Wu
Shyon Chen, Chairman, Chinese National Federation of Industries
(中華民國全國工業總會理事長
陳武雄)
Title: Launching a new growth curve for
Taiwanese industries
再造台灣產業新成長曲線
Chairperson:Kuo-Yuan Liang, President,
Polaris Research Institute
(寶華研究院院長
梁國源)
(B1,
德厚+吉祥廳
Der-Hou & Gi-Shang Room)
14:00
p.m. 15:30 p.m. Concurrent
Sessions:
Panel Session V.
Strategy of Developing
台灣高科技產業發展策略
(International
Reception Hall)
Panel Session VI. Global
Securitization Trend Risk Management Challenge for
全球資產證券化趨勢-新巴塞爾協定風險管理之挑戰
(Room 110)
Panel
Session VII. Collateralized Debt Obligation Products 抵押債務債券產品
(Room
105)
Academic
Session VI. Macro Economics and Finance (A)
(Room 101)
Academic
Session VII. Financial Accounting (B)
(Room 109)
Academic
Session VIII. Asset Pricing
(Room 104)
Academic
Session IX. Asian Stock Market (B)
(Room 107)
Academic
Session X. Mutual Fund and Stock Recommendation
(Room 102)
15:30p.m.
15:45 p.m. Coffee Break 茶敘
15:45
p.m. 17:15 p.m. Concurrent
Sessions:
Panel
Session VIII. The Present and Future of Wealth Management Business Development
財富管理行業發展的現在與未來
(International
Reception Hall)
Panel
Session IX. Intangible Asset Valuation
(A) 無形資產定價(A)
(Room 110)
Panel
Session X. Economic Forecasting 經濟預測
(Room
105)
Academic
Session XI. Financial Accounting (C)
(Room 101)
Academic
Session XII. Futures Market and Stock Market
(Room 109)
Academic
Session XIII. Microstructure
(Room 104)
Academic
Session XIV. Business Policy and Strategy
(Room 107)
Academic
Session XV.
18:30
p.m. 20:30 p.m.
Dinner &Dinner Speech 晚餐暨晚餐演講:
Speaker: Chun-Yen
Chang, National
( 國立交通大學校長 張俊彥 )
Title: Bridging
the Soft and Hard Industries
(軟體發展與高科技服務業和硬體工業的結合)
Chairperson:
(
8:
9:
Speaker: Sheng-Cheng Hu
Chairman, Council for
Economic Planning and Development,
(行政院經濟建設委員會主任委員
胡勝正)
Title:
Financial Reform and
Chairperson:
Victor Kung, President, Fubon Financial Holding Co., Ltd.,
(富邦金控總經理
龔天行)
(
9:
Speaker:
Title:
Hedge
Fund Market Neutral Strategies: Distinguishing Financial and Operational Risk
Factors
Chairperson:
(淡江大學財務金融系
林蒼祥教授)
(
10:
10:
Panel
Session XI. ETF Product and Market:
Present and Future
現在與未來的指數股票型基金產品與市場
(International Reception
Hall)
Panel
Session XII. How to Publish Papers in High
Quality Journals
如何在高品質期刊發表文章
(Room 110)
Panel
Session XIII. How to Improve Warrant Market in
如何加強台灣權證市場的發展
(Room 105)
Academic
Session XVI. Risk Management (B)
(Room
101)
Academic
Session XVII. Financial Econometrics
(Room
109)
Academic
Session XVIII. Options: Theory and Application
(Room 107)
Academic
Session XIX. Financial Accounting (D)
(Room
102)
12:15
p.m. 14:00 p.m. Luncheon Speech:
Speaker:Chi
Schive, President,
(台灣金融研訓院院長 薛琦)
Title:The
History of Financial Development in Taiwan
(台灣的金融發展史)
Chairperson:Hong-Chang
Chang, Fubon Financial Holding Co., Ltd.
and
Former Dean of
(富邦金控獨立董事暨前台大管理學院院長
張鴻章)
(B1,
德厚+吉祥廳
Der-Hou & Gi-Shang Room)
14:00
p.m. 15:30 p.m. Concurrent
Sessions:
Panel Session XIV. The
Applications of Derivative Products for Insurance Companies Investment and Risk
Management 衍生性金融商品在壽險業投資及風險管理的應用
(Room
110)
Panel
Session XV. Business Education in USA 美國商業教育
(Room 102)
Panel
Session XVI.
金融發展與台灣生技製藥業之契機
(Room 105)
Panel
Session XVII. Intangible Asset Valuation (B)
無形資產定價(B) (International
Reception Hall)
Academic
Session XX. Asian Stock Market (C)
(Room 101)
Academic
Session XXI. Risk Management (C)
(Room 107)
Academic
Session XXII. IPO and Event Study
(Room 109)
15:30
p.m. 15:45 p.m. Coffee Break 茶敘
15:45
p.m. 17:15 p.m. Concurrent
Sessions:
Panel
Session XVIII. The Implementation of
台灣新巴塞爾協定之執行與展望
(International Reception Hall)
Panel
Session IXX. Strategy of Developing Insurance Industry 保險產業之發展策略 (Room
110)
Academic
Session XXIII. Macro Economics and Finance (B)
(Room 109)
Academic
Session XXIV. Management of Financial Institution (B)
(Room 105)
Academic
Session XXV. Financial Accounting and Corporate Finance (Room 107)
Friday, July 14, 2006
10:
台灣創投業之發展 (
Chairperson:
Dar-Yeh Huang,
(台灣大學財金系系主任
黃達業)
Keynote
Speaker:
Vice
chairman, Council for Economic Planning and Development,
(行政院經濟建設委員會副主任委員
葉明峯)
Panel
Session II. The Development of Options and Futures Products: Present and Future
選擇權與期貨產品發展之現況與展望
(International Reception
Hall)
Chairperson:
Former
Vice-Primer, Executive Yuan (the Cabinet),
(總統府資政暨前行政院副院長
吳榮義)
Keynote
Speaker:
Distinguished Professor of Finance and
Economics,
(美國羅格斯大學講座教授暨台灣財務工程學會理事長
李正福)
Panelists:
Chi-Hsien Lee, Deputy
Director General, Securities and Futures Bureau
(行政院金管會證期局副局長
李啟賢)
Steve
C. Wang, Chinese
National Futures Association
(中華民國期貨商業同業公會理事長
王中愷)
Yuji
Horiuchi, Nihon
Unicom Corpotation
(日商聯茂期貨經紀股份有限公司總經理
堀內雄二)
Clara
Ko, Fimat Hong Kong
Limited,
(香港商飛馬期貨台灣分公司總經理
高山燕)
Peter
(台灣期貨交易所主任秘書
邱文昌)
Panel
Session III. International
Investment Strategy 國際投資策略
(Room
110)
Chairperson:
L. Ting Dan,
president and CEO, New York Life Insurance Taiwan Corporation,
(國際紐約人壽總經理
鄭林經)
Panelists: JJ Lee,
New York Life Insurance Taiwan Corporation,
(國際紐約人壽副總暨投資長
李志堅)
(寶來投資信託股份有限公司副董事長
黃桂新)
Hwa
(台灣工業銀行副總經理
張華平)
Jack
Wang, CitiBank
Securities Taiwan Limited,
(花旗證券(股)董事長兼總經理
汪濟平)
Panel Session IV.
Potential IPOs Opportunities For Taiwanese Corporations in The
台灣公司在新加坡國際金融交易所的IPO之機會
(Room 105)
Chairperson:
Head, ASEAN
Economies Monitoring Unit,
Nanyang
Technological
Panelists:
Ker Sin Tze,
Simon
Tsai
Wen
Hisan, Edwin, Board
of Director, An Tai Bank
Chairperson:
1.
Non-agency Hybrid
ARM Prepayment Model
2.
Pricing CDOs with
a Generalized non-square Cholesky Decomposition for Selecting Names
Shu-Ying
Lin, Ta Hwa Institute of
Chi-Lun
Lu, MasterLink Securities Corporation,
3.
Estimating Deposit
Insurance Premiums with Stochastic Interest Rates: The Case of
Hwei-Lin
Chuang,
Shih-Cheng
Lee, Yuan Ze
Min-Teh
Yu,
4.
The
Differentiations in Loan Valuation with Retail and Corporate Exposure under
Jiun-Fei
Chiu, Yuan Ze
5.
The instantaneous
and forward default intensity of structural models
Cho-Jieh
Chen,
Academic
Session II. Financial Accounting (A)
(Room 109)
Chairperson:
Hong-Chang Chang,
Fubon Financial Holding Co., Ltd. and
Former
Dean of Management of
1.
The Association Of
Audit Committee Oversight With Financial Disclosure Quality
M.H.
2.
An Examination of
Factors Affecting Chinese Financial Analysts' Information Comprehension,
Analyzing Ability and Job Quality
Yiming
Hu,
Pengcheng
Li,
Siqi
Li,
3.
Voluntary Asset
Write-Downs of SFAS 121 Early Adopters vis-ΰ-vis Late Adopters
Brian
Gaber,
Sungsoo
Kim,
Sung
S. Kwon,
4.
An Examination Of
Private Shareholder Litigation That Alleges Accounting Restatement
Xianli
Chen,
Academic
Session III. Management of Financial Institution (A) (Room
104)
Chairperson:
1.
Bank Modelling
Methodologies: A Comparative Non-Parametric Analysis of Efficiency in the
Japanese Banking Sector
Leigh
Drake,
Maximilian
2.
Can Fuzzy DEA
Effectively Measure Bank Efficiency? An Implication Evidence from
Yang
Li, National
Gwo-Hshiung
Tzeng,
Ya-Hui
Tsai,
3.
A Study of
Investment Performance and Overall Financial Performance for Life Insurers in
Shu-Hua
Hsiao,
Mary
A. Weiss,
Laureen
Regan,
Sharon
Tennyson,
Academic
Session IV. Asian Stock Market (A)
(Room 107)
Chairperson:
Sue Fung Wang,
1.
Chinese IPO
Activity, Pricing, and Market Cycle
2.
Order Submission
Behaviors and Opening Price Behaviors in the
Zi-May
Wang,
Hsiu-Ling
Lai,
3.
Rethinking the
Expiration Hour Effect: A High Frequency GARCH Analysis
K
Kiran Kumar, Indian
R.
L. Shankar, Indian
4.
Application Of
ARIMA Model For Testing Serial
Pham
Phu, HoChiMinh City
Pham
Ngoc Thuy, HoChiMinh City
Academic
Session V. Japanese Financial Market
(Room
101)
Chairperson:
Chau-Chen Yang,
1.
An Analysis of the
Japanese Yen Interest Rate Swap Spreads
2.
Determinants and
Effects of Listing Choice in
Julia
Sawicki, Nanyang Technological
Li
Zhongqi, Nanyang Technological
3.
Bank Directorship
and Bidders Returns in Japanese takeovers
Yeh
Tsung-ming,
4.
The Effects of
Merger in
Friday, July 14, 2006
14:00 p.m. 15:30 p.m.
Panel
Session V. Strategy of Developing
台灣高科技產業發展策略
(International Reception
Hall)
Chairperson:
Former
Vice-Primer, Executive Yuan (the Cabinet),
(總統府資政暨前行政院副院長
吳榮義)
Panelists:
Chun-Yen
Chang,
(國立交通大學校長
張俊彥)
(仁寶電腦工業股份有限公司資深顧問
蔡清彥)
Cheng-Yan
Kao, Institute for
Information
(資訊工業策進會代董事長
高成炎)
Panel
Session VI. Global Securitization Trend Risk Management Challenge for
全球資產證券化趨勢-新巴塞爾協定風險管理之挑戰
(Room 110)
Chairperson:
Panelists:
David Chow, Cosmos
Bank,
(萬泰商業銀行風控長
周大慶)
(金鼎證券
儲容)
Da-bai
Shen,
(東吳大學財金系主任
沈大白)
Hsien-Hsing
Liao,
(台大財金系教授
廖咸興)
Allen
Wang, Polaris
Financial Group,
(寶來金融集團資本市場處協理
王惟仁)
Panel
Session VII. Collateralized Debt Obligation Products抵押債務債券產品
(Room 105)
Chairperson:
Keynote
Speaker: Shyan-Yuan Lee, Financial Supervisory Commission,
(金融管理監督委員會委員 李賢源)
Panelists:
Yu-Ming Wang, Wachovia Securities,
(花旗銀行副總裁
施靜文)
Hwa
(台灣工業銀行副總經理
張華平)
John
Y. Kuang, Wholesale
(渣打銀行台灣區環球市場處執行副總經理
匡奕柱)
Academic
Session VI. Macro Economics and Finance (A)
(Room 101)
Chairperson:
Chao-Cheng Mai, Academia
Sinica and
1.
A Co-integration
Analysis of Monetary Endogeneity in
2.
Equilibrium Asset
Bubbles and Optimal Money Supply
Wong
Chin-Yoong, University Tunku
Wen-Chi
Liu, Da
Tsangyao
Chang,
Academic
Session VII. Financial Accounting (B) (Room 109)
Chairperson:
1.
Managerial
Ownership, Corporate Governance and Voluntary Disclosure
H.
Young Baek, Nova Southeastern
Darlene
R. Johnson, Nova Southeastern
Joung
W. Kim,
2.
Re-Examining the Ownership Structure and Corporate
Performance of Chinese Listed Companies
Joy
Yang, Galaxy Securities Corporation,
3.
Logistic Model
versus Dynamic Logistic Model in Bankruptcy Forecasting: Some Empirical Evidence
Cheng-Few
Lee,
Lili
Sun,
4.
Developing
Financial Distress Prediction Models A Study of US, Europe and
Jake
Ansell,
5.
Corporate
Governance and Equity Liquidity: Analysis of S&P Transparency and Disclosure
Rankings
Wei-Peng
Chen,
Cheng-few
Lee,
Wei-Li
Liao,
Academic
Session VIII. Asset Pricing
(Room
104)
Chairperson: J.
1.
Return
Predictability and State Variables in Consumption-Based CAPMs: International
Perspectives
Bin
Li, The
2.
Dynamic Asymmetric
Volatility between FX and Stock Market Returns: Evidence from the BRICs
Angel
Liao,
Jonathan
Williams,
3.
A Partial
Asymmetric Price Adjustment Model and Famas Market Efficiency
Yoshihiko
Tsukuda,
Junji
Shimada,
4.
Complexity and the
Character of Stock Returns: Empirical Evidence and a Model of Asset Prices Based
Upon Complex Investor Learning
Nicholas
S. P. Tay,
5.
A Dynamic CAPM
with Supply Effect Theory and Empirical Results
Cheng-Few
Lee,
Academic
Session IX.
Asian
Stock Market (B)
(Room
107)
Chairperson:
Min-Teh Yu,
1.
Benefits of
co-trading: evidence from
Charlie
Charoenwong, Nanyang Technological
Chee
Ng,
Timothy
Kin Hoe Tung, Nanyang Technological
2.
The price
formation of substitute markets: Theory and application to twin-board China
Firms
Aihua
Xiay,
3.
The change in
relationship between the Asia-Pacific equity markets after the 1997 Financial
Crisis
4.
The High-Volume
Return Premium: Evidence from Chinese Stock Markets
5.
Herding, Investor
Psychology And Market Conditions
Ah-Hin
Pooi,
Kim-Lian
Kok,
Academic
Session X. Mutual Fund and Stock Recommendation
(Room
102)
Chairperson:
Shean-Bii Chiu,
1.
Investment Style
of Mutual Funds: How is it Useful In Communicating Economic Trends to Investors
2.
Mutual Fund
Ratings: Do They Really Matter?
Philip
Samuel Russel,
3.
The Value of
Columnists Stock Recommendations
Dan
Palmon, The State
Ephraim
F. Sudit, The State
4.
Evaluating the
Performance of Mutual Funds by Fuzzy Multi-Criteria Decision-Making
Shin-Yun
Wang,
Hungchih
Li,
Wunshing
Chung, Esun Bank Company,
Chingching
Chang, Esun Bank Company,
Friday, July 14, 2006
15:45 p.m. 17:15 p.m.
Panel
Session VIII. The Present and Future of Wealth Management Business Development
財富管理行業發展的現在與未來
(International
Reception Hall)
Chairperson: Mike Chang, Bank of Overseas Chinese,
Taiwan (華僑銀行
董事長
張嵩峨)
Panelists:
(國立政治大學商學院院長
周行一)
(第一銀行理財業務處處長
鄭美玲)
Carolyn Chou, Bank
of Overseas Chinese,
(華僑銀行
理財/個金事業群
副總經理
周筱玲)
Gavin Peng,
Bank of Overseas Chinese,
(華僑銀行
財富管理部
協理
彭一正)
Johnson Tseng,
Polaris Securities Group,
(寶來證券
經紀事業處
總經理
曾豐國)
Panel
Session IX. Intangible Asset Valuation (A) 無形資產定價(A)
(Room 110)
Panel
Co-Sponsor:
Chairperson:
(國立政治大學會計系教授
蘇瓜藤)
Panelists:
(國立政治大學會計系教授
蘇瓜藤)
(美國San
Francisco State University 教授
陳溢茂)
Chi-Ming
Wu,
(國立政治大學財
Panel
Session X. Economic Forecasting經濟預測
(Room 105)
Chairperson:
Former
Vice-Primer, Executive Yuan (the Cabinet),
(總統府資政暨前行政院副院長
吳榮義)
Chen
Kang, Nanyang Technological
2.
Yaw-Chung Liaw, Council
for Economic Planning and Development, Executive Yuan (the Cabinet),
3.
Kazunari
Ohashi, International Monetary
Heh-Song
Wang,
5.
Economic
prospective of
Academic
Session XI. Financial Accounting (C)
(Room 101)
Chairperson:
Ching Fu Chang,
1.
The Relationship
between Financial Leverage and Earnings Response Coefficient in South Korean
Stock Market
2.
Stock Option
Compensation in
3.
Changing Business
Environment and the Value Relevance of Accounting Information
Virginia
Cortijo,
Dan
Palmon, The State
C.
S. Agnes Cheng,
Dana
Hollie,
Academic
Session XII.
Futures Market and Stock Market
(Room
109)
Chairperson:
Kehluh Wang,
Joseph
Kang, Nanyang
Technological University, Singapore
Donald
Lien,
2.
Time-Varying Hedge
Ratios: An Application to the Indian Stock Futures Market
Prasad
S. Bhattacharya,
Harminder
Singh,
Gerard
L. Gannon,
3.
Lead-lag
relationship and Hedge Effectiveness: Hang Seng Index, Hang Seng Index Futures
and Tracker Fund
Gordon,
Y.N. Tang,
Karen,
H.Y. Wong,
4.
Nonlinear Market
Model with Endogenous Threshold to Estimate Bull and Bear Betas
Chien-Chung
Nieh,
Academic
Session XIII. Microstructure
(Room 104)
Chairperson:
Yu-Jane Liu,
1.
Interday and
intraday volatility in a continuous order-driven market with a separate auction
opening procedure
Mingyuan
Guo,
2.
IPO Auctions and
Private Information
Ji-Chai
Lin,
Yu-Jane
Liu,
3.
Are Magnet Effects
Caused by Uninformed Traders? Evidence from
Woon
Matthew
4.
Partial Auction,
Pricing Information, and Price Adjustment in the IPOs Aftermarket:An
Empirical Study of TAIEX-listing Firms
Ching-Lung
Chen, Chaoyang
Academic
Session XIV. Business Strategy and Policy
(Room 107)
Chairperson:
Sheng-Syan Chen,
1.
Technological
innovations, activity based costing and satisfaction
2.
Innovation, Market
Share, and Firm Value- Patents in Personal Computer Industry
3.
A Concave
Quadratic Programming Marketing Strategy Model with Product Life Cycles
Cindy
Hsiao-Ping Peng,
4.
The Effects Of
Lump Sum, Profit And Property Taxes On Regulated Monopolies
Chin-Wei
Yang, Clarion
John
Anthony Fox, The Fox Consultant Incorporated,
5.
Sequential
Compound Option Pricing with Random Interest Rate and Applications to Project
Valuation
Fang-Bo
Yeh,
An-Pin
Chen,
Academic
Session XV.
Chairperson:
1.
Does the Weekday
Effect of the Yen/Dollar Spot Rates Exist in
Hai-Chin
Yu,
James
Jordan-Wagner, Eastern
2.
Price
Transmission, Foreign Exchange rate Risks, and Global Diversification of ADRs
Ming-Yuan
Leon Li,
Ti-Chen
Chena,
3.
Earnings
Management and Stock Exposure to Exchange Rate Risk
Feng-Yi
Chang, Yuan Ze
Chin-Wen
Hsin, Yuan Ze
Shin-Rong
Shiah-Hou, Yuan Ze
4.
Liquidity
Commonality and Spillover in the
Vinay
Datar,
Raymond
W. So, Chinese
Yiuman
Tse,
Saturday,
July 15, 2006
10:
Panel
Session XI. ETF Product and Market: Present and Future
現在與未來的指數股票型基金產品與市場
(International
Reception Hall)
Chairperson:
Shau Dai Lin
Chairman
of Polaris International Securities Investment Trust Co., Ltd.
(寶來證券投資信託股份有限公司董事長
林孝達)
Panelists:
Edward
H. Chow
,
(國立政治大學商學院院長
周行一)
Mina W.
(台灣證券交易所企畫部副理
汪萬波)
(寶來證券投資信託股份有限公司新金融商品處副總經理
楊定國)
Scott Yu,
Fubon Asset. Management Co., Ltd,
(富邦證券投資信託股份有限公司基金經理人
游景德)
Sammy Yip,
State Street Global Advisors, Asia Limited
(道富環球投資[亞洲]環球結構產品總監
葉家德)
Panel
Session XII. How to Publish Papers in High Quality Journals
如何在高品質期刊發表文章
(Room 110)
Chairperson:
Editor of
RQFA and RPBFMP
Panelists:
Editor of
JFQA
Editor
of Banking and Finance
Editor
of International Review of Economics and Finance
Panel
Session XIII. How to Improve Warrant Market in
如何加強台灣權證市場的發展
(Room 105)
Chairperson:
Min Juh Hwang, Chairman,
SinoPac Securities,
(建華證券董事長
黃敏助)
Panelists:
Tsun-Siou
Lee,
(台大財金系教授
李存修)
(中華民國會計研究發展基金會秘書長
陳柏松)
(寶來金融集團金融市場事業處總經理
陳凌鶴)
Ching-Pin
Liou, Yuanta Core
Pacific Securities,
(元大京華證券金融交易部副總經理
劉慶平)
Academic
Session XVI. Risk Management (B)
(Room 101)
Chairperson:
Da-Bai Shen,
1.
The Basel
Accords Puzzle: Do the Risk Weights Reflect the Financial Risk Properly
2.
Competition,
Deposit Insurance and Bank Risk-taking
Roung-Jen
Wu,
Chien-Ping
Chi, Yuta Institute of Technology and
3.
Pricing Credit
Card Loans and Credit Card Asset Backed Securities with Default Risks
Ra-Jian
Ho,
His-Chi
Chen, the
Hong-Wen
Lin,
5.
An Empirical Work
on Investigating the Structural Agency Problem under Credit Risk
Hsuan-Chu
Lin,
Michael
Long,
Academic
Session XVII. Financial Econometrics
(Room
109)
Chairperson:
Ray Yeutien Chou, Academia
1.
A New Approach to
Combine Econometric Model with Time-series Analyses-An Empirical Study of
International Exchange Markets
Ming-Yuan
Leon Li,
2.
Estimating and
Forecasting Volatility of the Stock Indices Using
David
Wang,
3.
What Explains
Recent Changes in Monetary Policy Attitudes toward Inflation? Evidence from
Developed Countries
Melody
Lo,
Alex
Kung-Hsiung Chang,
Academic
Session XVIII. Options : Theory and Application
(Room 107)
Chairperson:
1.
An Empirical
Comparison of the Constant Elasticity Variance and Alternative Option Pricing
Models
Cheng-Few
Lee,
2.
Pricing Vulnerable
Options by Binomial Trees
Yu-Chung
Liu,
Yi-Chen
Wang,
Yuan-Hung
Hsu Ku,
Shih-Kuo
Yeh,
4.
An Analytic Study
of Bond Price with Jump Risk
Yu-Ting
Chen,
Cheng-Few
Lee,
Yuan-Chung
Sheu,
5.
Solving nonlinear
PDE for option pricing under illiquidity
San-Lin
Chung,
Ming-Chih
Lai,
Chia-Nung
Yang,
Academic
Session XIX. Financial Accounting (D)
(Room
102)
Chairperson:
Chung-Fern Wu,
1.
Corporate
Voluntary Disclosure and The Separation of Cash Flow Rights From Control Rights
Kin-Wai
Lee, Nanyang Technological
2.
Corporate
Ownership Structure and Accuracy and Bias of Mandatory Earnings Forecast:
Evidence from
Chen-Lung
Chin,
Gary
Kleinman,
Picheng
Phil Lee,
Mei-Feng
Lin,
3.
Internal
Governance and the Wealth Effect of R&D Expenditure Increases
Shao-Chi
Chang,
Sheng-Syan
Chen,
Wen-Chun
Lin,
4.
The Capital Market
Implications of the Frequency of Interim Financial Reporting: An
Yaw
M. Mensah, Rutgers, The
Robert
Werner, Rutgers, The State
5.
Sarbanes-Oxley
Act, Non-Audit Service Fees, and Audit Quality
Myungsoo
Son, State
Aaron
D Crabtree,
Saturday,
July 15, 2006
14:00
p.m. 15:30 p.m.
Panel Session XIV. The
Applications of Derivative Products for Insurance Companies Investment and Risk
Management 衍生性金融商品在壽險業投資及風險管理的應用
(Room
110)
Chairperson
: Gwo-Duan Jou,
HonTai
Life Insurance Co., LTD.,
(宏泰人壽董事長
周國端)
Panelists:
Ching Lan Lee,
AEGON
(全球人壽投資長
李敬嵐)
Arnold Kan,
(
Shun
Yu Chuang, Cathay Life
Insurance Co.,
(國泰人壽國內固定收益部經理
莊順裕)
Chih Yuan Wu,
HonTai Life Insurance Co., LTD.,
(宏泰人壽財務企劃部經理
吳志遠)
Panel Session XV. Business Education in USA美國商業教育 (Room 102)
Chairperson:
Keynote
Speaker : Howard Tuckman
Dean,
(美國羅格斯大學商學院院長
Howard Tuckman)
Panel
Session XVI.
金融發展與台灣生技製藥業之契機
(Room 105)
Chairperson
: Cheng-Yan Kao
Acting
Chairman, Institute for Information
(資訊工業策進會代董事長
高成炎)
Panelists:
Kau-Ming Chen,Shine
WiseInnovation Technology Corporation,
(高雄生物科技開發股份有限公司總經理
陳高明)
Chei-Hsiang
Chen, Biotechnology
& Pharmaceutical Industries Program Office, Ministry of Economic Affairs
(經濟部生物技術與醫藥工業發展推動小組主任
陳啟祥)
Woody
Sing-Wood Yeh, AMKEY
VENTURES,
(美科創投基金管理公司合夥人
葉省吾)
J.Jeffrey
Yang, President,
InnoBiotek International, Inc.,
Maywufa Biopharrmaceutical Enterprise Group,
(美吾華「醫藥」「生技」企業團恩農創新生技(股)公司總經理
楊俊彥)
Ko-Chung
Lin, PharmaEssentia
Corp.
(藥華醫藥股份有限公司董事長兼總經理
林國鐘)
Panel Session XVII.
Intangible Asset Valuation (B)
無形資產定價(B)
(International
Reception Hall)
Chairperson:Hong-Chang
Chang, Fubon
Financial Holding Co., Ltd.
and
Former Dean of
(富邦金控獨立董事暨前台大管理學院院長
張鴻章)
Keynote Speaker:
Daung-Yen Lu
Acting
Chairman, Financial Supervisory Commission,
(金融管理監督委員會代主任委員
呂東英)
Panelists:
Michael Tully,
Senior
Manager, Ernst & Young Valuation Advisors Group of
Academic
Session XX. Asian Stock Market (C)
(Room 101)
Chairperson:
1.
Stock Market
Integration And Trade Regionalism
Chee-Wooi
Hooy,
2.
Variation of Stock
Return Volatility: An International Comparison
Cheng-Few
Lee,
3.
Determinants of
Winner-Loser Effects in National Stock Markets
Ming-Shiun
Pan,
4.
Rocks Model
Revisited: The Case of the Hong Kong IPO Market
David
Ng, Fillipo Asia Limited,
Ranko
Jelic,
Brahim
Saadouni, the University of
5.
Trading Behaviors
Under Floating Exchange Rate System: An Analysis of South Koreas Financial
Market
Dar-Hsin
Chen,
Chun-Da
Chen, Da
Lloyd
P. Blenman,
Academic
Session XXI. Risk Management (C)
(Room
107)
Chairperson:
Mary A. Weiss,
Jochen
Andritzky, International Monetary
2.
Macro Fundamentals
In Equity Premium Prediction
Jennie
J. Bai,
3.
Gauging the credit
risk by conditional Markov chain model
Su-Lien
Lu, National United
Kuo-Jung
Lee,
4.
Long and Short Run
Liquidity Effects on Term Structure: Evidences from the
Shih-Chuang
Tsai,
5.
Has the Market
Price of Risk Remained the Same? A Test of Constancy of the Long-Run Aversion
Academic
Session XXII. IPO and Event Study
(Room 109)
Chairperson:
Chin-Wen Hsin, Yuan
Ze
1.
Determination of
the IPOs Underwriting Price-Empirical Findings from A Proposed Fuzzy Games Model
Ting-Kai
Chou,
Jia-Chi
Cheng,
3.
Does Prior Record
Matter in the Wealth Effect of Open-Market Share Repurchase Announcement?
Shao-Chi
Chang,
Sheng-Syan
Chen,
Li-Yu
Chen,
4.
Share-only IPOs
Vs. Unit IPOs Empirical Evidence for the
Khelifa
Mazouz,
Brahim
Saadouni, the University of
Shuxing
Yin, The University of
5.
Inferring
Underwriter Intervention on First Day IPO Market -- A Comparison of Two Methods
of Gauging Price Support
Xiaoli
Wang,
Saturday,
July 15, 2006
15:45 p.m. 17:15 p.m.
Panel Session XVIII.
The Implementation of
台灣新巴塞爾協定之執行與展望 (International Reception Hall)
Chairperson:
Ching-chyi Lai,
ChungHwa Post Co., Ltd.,
(中華郵政股份有限公司董事長
賴清祺)
Keynote
Speaker:
(銀行局局長
曾國烈)
Panelists:
Connie Lin,
FuHwa
Financial Holding Co., Ltd.,
(復華金控風險管理中心執行長兼復華銀行風險管理總處資深副總經理
林則棻)
Panel
Session IXX. Risk Management on Non-life Insurance Companies
產物保險公司的風險管理
(Room 110)
Chairperson
: Gwo-Duan Jou
Chairman,
Hon Tai Life Insurance Company,
(宏泰人壽董事長
Keynote
Speaker:
(逢甲大學教授
凌寶)
Panelists:
(龍平安產物保險公司董事長
張乃雄)
(華南產物保險公司副董事長
戴英祥)
Jeremy
Kan, Vice President,
Taiwan Insurance Institute,
(保險事業發展中心副總經理
簡仲明)
Academic Session XXIII.
Macro Economics and Finance (B)
(Room 109)
Chairperson: Chien-Fu
Lin,
1.
Three GARCH-based
volatility forecast approaches in the context of periodicities -an empirical
study based on foreign exchange and equity data
2.
Information
Content of Local Bond Rating Changes
3.
Income Inequality,
Openness, and Fiscal and Monetary Impacts in
Hong
Yao,
4.
The Predictive
Power of Short-term Exchange Rate based on ARIMA and Hybrid Models
Hungchih
Li,
Manling
Lee,
Tsung-yueh
Yang, Cheng Shin Company,
Academic
Session XXIV. Management of Financial Institution (B) (Room
105)
Chairperson:
Chung-Hua Shen,
1.
Responses Of
Commercial Bank Lending To Interest Rate Changes In
Sook-Lu
Yong,
2.
Is the growth in
R.
Gupta,
Annie,
3.
Evolving Risk
Aversion and the Evidence On Constant Relative Risk Aversion
Academic
Session XXV. Financial Accounting and Corporate Finance
(Room 107)
Chairperson:
1.
Non-Audit Service
and Auditor
Wen-Chih
Lee,
Chi-Yun
Hua,
Neal
Arthur, The University of
Grace
C-H Chuang, The University of
3.
A reexamination of
the association between CEO compensation and the components of accounting
earnings
Steven
Balsam,
4.
The Synergy and
Timing of Multi-Firms Merges under Uncertainty
Kuo-Jung
Lee,
David
S. Shyu,
Dietmar
Leithner, The Overseas Chinese Institute of