國立暨南國際大學財務金融學系 > 系所介紹-師資介紹 > 系所介紹-師資介紹-洪碧霞

系所介紹

成立沿革

系所宗旨與目標

師資介紹

空間設備

地理位置

特聘教授

洪碧霞

學歷

國立中正大學 財務金融博士

專長

市場微結構、行為財務、財務管理、投資學

  • (049)2910960 轉4624
  • phhung@ncnu.edu.tw
  • 管理學院 5092 室
  • 112-2學期休假研究【請事先以 e-mail 與老師預約 】
  • Google Scholar Profile

主要學歷 / Education

國立中正大學財務金融學系博士班 (89.09－97.01)
Graduate Institute of Banking and Finance, National Chung Cheng University (PHD)
淡江大學管理科學研究所 (79.09－81.06)
Graduate Institute of Management Sciences, Tamkang University (Master)
東海大學國際貿易學系 (75.10－79.06)
Department of International Business, Tunghai University (Bachelor)

博士論文 / Ph.D.Dissertation

Essays on Institutional Trading Behavior around Analysts' Earnings Forecast Release Events: Evidence from Taiwan, Ph.D. Thesis, 2008, Department of Finance, National Chung Cheng University.

主要經歷 / Resume of Working Experience

國立暨南國際大學財務金融學系特聘教授 (112.08－迄今)

Distinguished Professor, Department of Banking and Finance, National Chi Nan University

國立暨南國際大學財務金融學系系主任 (109.08－112.07)
Department Chair, Department of Banking and Finance, National Chi Nan University

國立暨南國際大學財務金融學系專任教授 (108.02－迄今)
Professor, Department of Banking and Finance, National Chi Nan University

台灣利得生物科技股份有限公司獨立董事 (105.06- 109.08)
Independent Director, Taiwan Leader Biotech Corp.

台灣利得生物科技股份有限公司薪酬委員會主席 (105.08- 109.08)
Chair of Remuneration Committee, Taiwan Leader Biotech Corp.

國立暨南國際大學財務金融學系專任副教授 (104.08－108.01)
Associate Professor, Department of Banking and Finance, National Chi Nan University

國立暨南國際大學財務金融學系專任助理教授 (97.02－104.07)
Assistant Professor, Department of Banking and Finance, National Chi Nan University

國立中正大學財務金融學系兼任講師 (92.08－94.07)
Lecturer, Department of Finance, National Chung Cheng University

東海大學國際貿易學系兼任講師 (92.02－96.07)
Lecturer, Department of International Trade, Tunghai University

修平技術學院金融與風險管理學系專任講師 (92.08－93.07)
Lecturer, Department of Banking and Risk Management, Hsiuping Institute of Technology

期刊論文 / Referred Journal Articles

  1. Lien, Donald and Pi-Hsia Hung. 2023. Whose Trades Contribute More to Price Discovery? Evidence from the Taiwan. Review of Quantitative Finance and Accounting 61, 213–263. (Scopus, NSTC Finance ATier-2)
    https://doi.org/10.1007/s11156-023-01150-7
  2. Lien, Donald, Pi-Hsia Hung,* and Yi-Hsien Wu. An Intraday Analysis of Block Orders on the Taiwan Stock Exchange. The Quarterly Review of Economics and Finance 88, 133–147. (SSCI, 2021 Impact Factor 4.324, 5-Year Impact Factor 3.628, MOST Finance A-).
    https://www.sciencedirect.com/science/article/pii/S1062976922001466
  3. Liu, Hsiang-Hsi, Pi-Hsia Hung,* and Tzu-Hu Huang, 2023, Disposition Effect and Contrarian/Momentum Behavior of Stock Traders: Evidence from the Taiwan Stock Exchange, Advances in Pacific Basin Business, Economics and Finance 11, (EconLit, MOST Finance B)
  4. Lien, Donald, Pi-Hsia Hung,* and Hsiang-Yu Lo. 2022. Order Choices: An Intraday Analysis of the Taiwan Stock Exchange. The North American Journal of Economics and Finance 62, 101742. (SSCI, 2022 Impact Factor 2.772, 5-Year Impact Factor 2.649)
    https://doi.org/10.1016/j.najef.2022.101742
  5. Liu, Hsiang-Hsi,* Pi-Hsia Hung, and Po-Hung Luo Cho. 2021. Nonlinear Interactions and Volatility Spillovers between Stock and Foreign Exchange Markets: The STVEC-STGARCH-DCC Approach. Journal of Applied Finance and Banking 11 (4). 45– (EconLit)
    https://doi.org/10.47260/jafb/1143 
  6. Lien, Donald, Pi-Hsia Hung,* and Hung-Ju Chen. Who Knows More and Makes More? A Perspective of Order Submission Decisions across Investor Types. The Quarterly Review of Economics and Finance 79, 381–398. (SSCI, 2020 Impact Factor 4.324, 5-Year Impact Factor 3.628, MOST Finance A-)

    https://doi.org/10.1016/j.qref.2020.07.011

  7. Lien, Donald, Hsiang-Hsi Liu, Pi-Hsia Hung,* and Ching-Yang Chen. 2020. Best Global Brands and Financial Performance. Advances in Investment Analysis and Portfolio Management 10, 73– (MOST Finance B)https://doi.org/10.6291/AIAPM.202012_10.0004
  8. Chen, An-Sing, Hsiang-Hui Chu, Pi-Hsia Hung,* and Miao-Sih Cheng. 2020. Financial Risk and Acquirers’ Stockholder Wealth in Mergers and Acquisitions. The North American Journal of Economics and Finance 54, 100815. (SSCI, 2020 Impact Factor 2.772, 5-Year Impact Factor 2.649)

    https://doi.org/10.1016/j.najef.2018.07.016

  9. Hung, Pi-Hsia, Donald Lien,* and Ming-Sin Kuo. Window Dressing in Equity Mutual Funds. The Quarterly Review of Economics and Finance 78, 338–354. (SSCI, 2020 Impact Factor 2.619, 5-Year Impact Factor 2.583,MOST Finance A-)https://doi.org/10.1016/j.qref.2020.05.003
  10. Lien, Donald, Pi-Hsia Hung,* and Li-Wen Chen. 2020. Analyst Recommendations, Herding Intensity, and Trading Performance. Asia-Pacific Journal of Financial Studies 49 (5), 772– (SSCI, 2020 Impact Factor 1.113, 5-Year Impact Factor 1.096, MOST Finance B+)

    https://doi.org/10.1111/ajfs.12313

  11. Hung, Pi-Hsia, Donald Lien,* and yun-Ju Chien. 2020.  Portfolio Concentration and Fund Manager Performance.  Review of Financial Economics 38 (3), 423-451. (MOST Finance B+) https://doi.org/10.1002/rfe.1086
  12. Lien, Donald, Pi-Hsia Hung,* and Chiu-Ting Pan. 2020. Price Limit Changes, Order Decisions, and Stock Price Movements: An Empirical Analysis of the Taiwan Stock Exchange. Review of Quantitative Finance and Accounting 55 (1), 239-268. (MOST Finance A-) https://doi.org/10.1007/s11156-019-00842-3
  13. Lien, Donald, Pi-Hsia Hung,* and Zong-Wei Lin. 2020. Whose Trades Move Stock Prices? Evidence from the Taiwan Stock Exchange. International Review of Economics and Finance 66, 25-50. (SSCI, 2019 Impact Factor 1.432, 5-Year Impact Factor 1.717, MOST Finance B+) https://doi.org/10.1016/j.iref.2019.10.011
  14. Hung, Pi-Hsia and Donald Lien.* 2019. Trading Aggressiveness, Order Execution Quality, and Stock Price Movements: Evidence from the Taiwan Stock Exchange. Journal of International Financial Markets, Institutions & Money 60,231-251. (SSCI, 2019 Impact Factor 2.533, 5-Year Impact Factor 2.716, MOST Finance A-) https://doi.org/10.1016/j.intfin.2019.01.002
  15. Lien, Donald, Pi-Hsia Hung,* Jia-De Zhu, and Yi-Hsuan Chen. 2019. Price Limit Changes and Market Quality in the Taiwan Stock Exchange.  Pacific-Basin Finance Jouranl 55, 239-258. (SSCI, 2019 Impact Factor 2.382, 5-Year Impact Factor 2.755, MOST Finance ATier-2) https://doi.org/10.1016/j.pacfin.2019.04.006
  16. Lien, Donald, Pi-Hsia Hung,* and I-Chun Hung. 2019. Order Price Clustering, Size Clustering, and Stock Price Movements: Evidence from the Taiwan Stock Exchange. Journal of Empirical Finance 52, 149-177. (SSCI, 2019 Impact Factor : 1.566, 5-Year Impact Factor: 1.891, MOST Finance ATier-1) https://doi.org/10.1016/j.jempfin.2019.03.005
  17. Lin, Lin, Pi-Hsia Hung, De-Wai Chou, and Christine W. Lai.* 2019. Financial Performance and Corporate Social Responsibility. Asia-Pacific Management Review 24, 61-71. (TSSCI) https://doi.org/10.1016/j.apmrv.2018.07.001
  18. Lin, Lin, Pi-Hsia Hung,* and Chung-Yueh Lin. 2018. Stock Traders' Order Aggressiveness and Investment Performance on the Taiwan Stock Exchange. Journal of Financial Studies 26 (1) 59-96. (TSSCI, EconLit) https://doi.org/10.6545/JFS.201803_26(1).0003
  19. Lin, Lin, Pi-Hsia Hung,* and Pei-Jhen Su. 2017. The Role of Outstanding Foundation Awards in Fund Families. Asia-Pacific Journal of Financial Studies 46 (1), 87-115. (SSCI, 2017 Impact Factor 0.355, 5-Year Impact Factor 0.459, MOST Finance B+) https://doi.org/10.1111/ajfs.12160
  20. Chou, De-Wai, Lin Lin, Pi-Hsia Hung,* and Chun Heng Lin. 2017. A Revisit to Economic Exposure of U.S. Multinational Corporations. North American Journal of Economics and Finance 39 (C), 273-287. (SSCI, 2017 Impact Factor 1.098, 5-Year Impact Factor 1.194) https://doi.org/10.1016/j.najef.2016.10.011
  21. Hung,* Pi-Hsia. 2016. Investor Sentiment, Order Submission, and Investment Performance on the Taiwan Stock Exchange. Pacific-Basin Finance Journal 39, 124-140. (SSCI, 2016 Impact Factor 1.754, 5-Year Impact Factor 1.610, MOST Finance ATier-2) http://dx.doi.org/10.1016/j.pacfin.2016.06.005
  22. Hung, Pi-Hsia, An-Sing Chen,* and Yun-Lin Wu. 2015. Order Aggressiveness, Price Impact and Investment Performance in a Pure Order-driven Stock Market. Asia-Pacific Journal of Financial Studies 44 (4), 635-660. (SSCI, 2014 Impact Factor 0.302, 5-Year Impact Factor 0.389, MOST Finance B+) https://doi.org/10.1111/ajfs.12102
  23. 陳瑞璽、洪碧霞*與蔡侑達，2015，公開資訊觀測站訊息如何影響股票報酬？ 臺灣股票市場日內及日間資料分析，證券市場發展季刊，第27卷第2期，頁125-184。(TSSCI)
  24. 陳瑞璽、洪碧霞*與劉喻欣，2014，組合型基金是否優於一般共同基金？風險與報酬及基金特性之探討，管理與系統，第21卷第2期，頁187-216。(TSSCI)
  25. Hung,* Pi-Hsia and Hsien-Yi Lee. 2013. A Concentration Analysis of Domestic Equity Mutual Funds. Journal of Financial Studies 21 (1), 83-122. (TSSCI, in English)
  26. 洪碧霞*與鄧婉妃，2013，價格叢聚與交易規模叢聚之實證研究，證券市場發展季刊，第25卷第1期，頁67-114。(TSSCI)
  27. 洪碧霞*、陳瑞璽、黃永成與廖信彥，2012，委託單失衡、投資人類別與股票報酬之實證研究，證券市場發展季刊，第24卷第2期，頁1-48。(TSSCI, Leading Article)
  28. 游智賢*與洪碧霞，2006，分析師之盈餘預測--公司特性之偏好與盈餘預測修正之市場反應，證券市場發展季刊，第18卷第2期，頁41-78。(TSSCI)
  29. Chen,* An-Sing and Bi-Shia Hong. 2006. Institutional Ownership Changes and Returns around Analysts' Earnings Forecast Release Events: Evidence from Taiwan. Journal of Banking and Finance 30 (9), 2471-2488. (SSCI, Impact factor 1.485, MOST Finance ATier-1) https://doi.org/10.1016/j.jbankfin.2005.07.016

研討會論文/ Conference Papers

  1. Lien, Donald, Ching-I Chen, Pi-Hsia Hung,* and Yu Hung Liang. May 5, 2023, Portfolio Pumping:  A Stock-level Analysis in the Taiwan Stock Exchange, Central Finance Academic Conference, National Taichung University of Science and Technology, Taiwan.
  2. Hung, Pi-Hsia, Donald Lien.* May 13-15, 2022, Whose Trades Contribute More to Price Discovery? Evidence from the Taiwan Stock Exchange, The 30th Annual Conference on Pacific Basin Finance, Economics, Accounting, and Management (30th PBFEAM), National Chung Cheng University, Taiwan.
  3. Lien, Donald, Pi-Hsia,* and Yi-Hsien Wu. May 6, 2022, An Intraday Analysis of Block Orders on the Taiwan Stock Exchange, Central Finance Academic Conference, Feng Chia University, Taiwan.
  4. Lien, Donald and Pi-Hsia,* May 7, 2021, Contribution to Price Discovery across Investor Types in the Taiwan Stock Exchange, 2021 Central Finance Academic Conference, National Chiayi University, Taiwan.
  5. Hung, Pi-Hsia,* Donald Lien, and Hsiang-Yu Lo, May 7, 2021, Order Choices: An Intraday Analysis of the Taiwan Stock Exchange, 2021 Central Finance Academic Conference, National Chiayi University, Taiwan.
  6. Lien, Donald, Hsiang-Hsi Liu, Hung, Pi-Hsia,* and Ching-Yang Chen, June 15-16, 2019, Brand Visibility, Cash Flow Stability, and Idiosyncratic Risk, The 27th Annual Conference on Pacific Basin Finance, Economics, Accounting, and Management (27th PBFEAM), National Taiwan University, Taiwan.
  7. Hung, Pi-Hsia and Wei Chi Huang,* Financial Constraints, Retention Ratios, and Corporate Payout Policy, October 18-19, 2018, Applied and Advanced Science Exchange (AASE) International Academic Conference, Seoul, South Korea
  8. Hung, Pi-Hsia and Yun-Ju Chien,* The Investment Concentration, Stock Picking, and Market Timing Abilities: Evidence from Equity Mutual Funds in Taiwan, October 18-19, 2018, Applied and Advanced Science Exchange (AASE) International Academic Conference, Seoul, South Korea
  9. Hung,* Pi-Hsia, and Hung-Ju Chen, Trading Price Ratios and Investment Performance: Evidence from the Taiwan Stock Exchange, June 6-8, 2018, BAI 2018 International Conference on Business and Information, Seoul, Korea
  10. Lien, Donald and Pi-Hsia Hung,* Trading Aggressiveness, Order Execution Quality, and Stock Price Movements: Evidence from the Taiwan Stock Exchange May 25-26, 2018, International Conference of Taiwan Finance Association, National Chengchi University, Taipei, Taiwan.
  11. Hung, Pi-Hsia and Hung-Ju Chen,* Trading Price Ratios and Investment Performance: Evidence from the Taiwan Stock Exchange, October 6-7, 2017, ISERD - 246th International Conference on Accounting and Finance (ICAF 2017), Kobe, Japan.
  12. Hung, Pi-Hsia and Chiu-Ting Pan,* The Relaxation of Daily Price Limit and Stock Traders’ Order Submission Behavior: Evidence from the Taiwan stock Exchange, October 6-7, 2017, ISERD - 246th International Conference on Accounting and Finance (ICAF 2017), Kobe, Japan.
  13. Hung,* Pi-Hsia and Ching-Yang Chen, Brand Visibility, Cash Flow Stability, and Firm Value, June 6-7, 2017, SIBR 2017 Osaka Conference on Interdisciplinary Business and Economics Research (SIBR 2017), Osaka, Japan.
  14. Hung,* Pi-Hsia and Ching-Yang Chen, Brand Visibility, Cash Flow Stability, and Firm Value, June 6-7, 2017, SIBR 2017 Osaka Conference on Interdisciplinary Business and Economics Research (SIBR 2017), Osaka, Japan.
  15. Hung,* Pi-Hsia, Investor Sentiment, Order Submission, and Investment Performance on the Taiwan Stock Exchange, June 3-5, 2016, International Conference on Business and Information (BAI 2016), Nagoya, Japan.
  16. Hung,* Pi-Hsia and Chung-Yueh Lin, Stock Traders’ Order Aggressiveness and Investment Performance on the Taiwan Stock Exchange, May 27-28, 2016, International Conference of Taiwan Finance Association, Asia University, Taichung, Taiwan.
  17. Lin, Lin, Pi-Hsia Hung,* and Chun Heng Lin, A Revisit to Economic Exposure of U.S. Multinational Corporations, March 11, 2016, Global Economics and Management Conference: Business Finance and Enterprise Management in the Era of Big Data (Nantou Session), National Chi Nan University, Nantou, Taiwan. (Poster)
  18. Hung,* Pi-Hsia and Chung-Yueh Lin, Stock Traders’ Order Aggressiveness and Investment Performance on the Taiwan Stock Exchange, March 11, 2016, Global Economics and Management Conference: Business Finance and Enterprise Management in the Era of Big Data (Nantou Session), National Chi Nan University, Nantou, Taiwan.
  19. Lin, Lin, Pi-Hsia Hung,* and Pei-Jhen Su, The Role of Outstanding Foundation Awards in Fund Families, July 22-24, 2015, International Symposium on Economics and Social Science, Waseda University, Tokyo, Japan.
  20. Hung, Pi-Hsia and Chun-Heng Lin,* Linear and Nonlinear Economic Exposures of Foreign Exchange Rates: Evidence from U.S. Multinational Corporations, May 21, 2015, Business and Management Academic Conference, National Kaohsiung University of Applied Sciences, Kaohsiung, Taiwan.
  21. Hung, Pi-Hsia, Man-Yi Ting, and En-Hsin Lin,* Fund Rankings and Family Strategies, July 2-3, 2015, SIBR 2015 Osaka Conference on Interdisciplinary Business & Economics Research, Ark Hotel, Osaka, Japan.
  22. Lin, Lin, Pi-Hsia Hung,* and Chun Heng Lin, A Revisit to Economic Exposure of U.S. Multinational Corporations, June 5-6, 2015, International Conference of Taiwan Finance Association, Asia University, Taichung, Taiwan.
  23. Hao, Ying, Pi-Hsia Hung, Kuan-Cheng Ko, and Lin Lin, Residual Momentum and Investor Sentiment, June 5-6, 2015, International Conference of Taiwan Finance Association, Asia University, Taichung, Taiwan.
  24. Hung, Pi-Hsia and Chun-Heng Lin,* Linear and Nonlinear Economic Exposures of Foreign Exchange Rates: Evidence from U.S. Multinational Corporations, May 21, 2015, Business and Management Academic Conference, National Kaohsiung University of Applied Sciences, Kaohsiung, Taiwan.
  25. Hung, Pi-Hsia and Chia-Lin Wu,* The Impact of CEOs and CFOs Incentives on Corporate Policies and Performance, December 19, 2014, NTUB Conference of International, Practive and Management, National Taipei University of Business, Taipei, Taiwan.
  26. Lin, Lin, Pi-Hsia Hung,* and Pei-Jhen Su, The Role of Outstanding Foundation Awards in Fund Families, December 11, 2014, International Conference on Management and Application of Technology (ICFEM 2014), Toko University, Chiayi, Taiwan.
  27. Hung,* Pi-Hsiaand Ruey-Shii Chen, Trade Sizes, Order Types, Investor Classes and Informed Trading: Evidence from a Pure Order Driven Market, June 27-29, 2014, International Academy of Business and Economics (IABE 2014), Verona, Italy.
  28. Lin, Lin, Pi-Hsia Hung,* and Pei-Jhen Su, Do Fund Families Take the Discrepancy Strategies toward the Best Fund Awards? May 7-9, 2014, International Conference on Social Science and Management (ICSSAM 2014), Kyoto, Japan.
  29. Hung,* Pi-Hsiaand Yun-Lin Wu, Do Active Stock Traders Create Better Investment Performance? Evidence from a Pure Order-driven Market, May 30 - June 2, 2013, The Economics, Finance, Accounting & Management Research Conference (EFAMR 2013), Honolulu, U.S.
  30. Hung,* Pi-Hsia, Hsiang-Hui Chu, and Yun-Lin Wu, Order aggressiveness of traders: Evidence from Taiwan Stock Exchange, July 3-5, 2012, The International Conference on Business and Information (BAI 2012), Sapporo, Japan.
  31. Hung,* Pi-Hsiaand You-Da Tsai, How does News of the Market Observation Post System Affect Stock Return? Evidence from Intra- and Inter-day Analyses in Taiwan Stock Exchange, September 20, 2011 International Business and Management Education Forum, Pingtung, Taiwan.
  32.  Hung,* Pi-Hsia, Ruey-Shii Chen, and Chai-Yang Wu, A Study on the Relationship between Family, Ownership, Institution Share Holdings and Firm Value, May 6-8, 2011, The International Conference on Business, Engineering and Information Technology Management (BEIM 2011), Shanghai, China.
  33. Hung,* Pi-Hsia and Tang-Cheng Hung, Executive Compensation, Earnings Management, and Profitability, March 14-15, 2011, Taichung, Taiwan. (中部財金學術聯盟暨第八屆金融市場發展研討會)
  34. Yu,* Chih-Hsien and Pi-Hsia Hung, Analysts’ Earnings Forecast — Firm Attributes Preferences and Market Response to Earnings Forecast Revision, June, 2002, Tunghai University, Taichung, Taiwan. (in Chinese)

學術奬助/ Projects

  1. Hung, Pi-Hsia, 2023, Order Submission Decisions, Limit Order Risks, and Market Quality in a Low Latency Environment, National Science and Technology Council, Grant No: NSTC 112-2410-H-260 -022 -MY3.
  2. 2023 Subsidy for Eikon with Datastream for Office, National Science and Technology Council, Grant No: NSTC 112-2740-H-260-001 -EDS.
  3. 2022 Subsidy for Compustat on S&P Capital IQ Financial Analysis, National Science and Technology Council, Grant No: MOST 111-2740-H-260-001 -ED.
  4. Hung, Pi-Hsia, 2021, Determinants and Influences of Block Orders: An Intraday Analysis of the Taiwan Stock Exchange, Ministry of Science and Technology, Grant No: MOST 110-2410-H-260 -008 -MY2.
  5. 2021 Subsidy for Eikon with Datastream for Office, National Science Council, Grant No: 110-2740-H-260 -001 -EDS.
  6. Hung, Pi-Hsia, 2019, Information Shares, Stock Returns, and Market Quality in the Taiwan Stock Exchange, Ministry of Science and Technology, Grant No: MOST 108-2410-H-260-006 -
  7. Hung, Pi-Hsia, 2017, Does the Relaxation of Price Limits Improve Order Execution Quality? Evidence from the Taiwan Stock Exchange, Ministry of Science and Technology, Grant No: MOST 106-2410-H-260-016 -
  8.  Hung, Pi-Hsia, 2016, Trading Activities and Market Quality: Evidence from the Taiwan Stock Exchange, Ministry of Science and Technology,Grant No: MOST 105-2410-H-260-010 -.
  9. Hung, Pi-Hsia, 2015, Does Investor Sentiment Affect How Much of Trading Gains or Losses in the Taiwan Stock Exchange?Ministry of Science and Technology, Grant No: MOST 104-2410-H-260-012 -.
  10. Hung, Pi-Hsia, 2014, Investor Sentiment, Order Submission and Investment Performance in a Pure Order-driven Market, Ministry of Science and Technology, Grant No: MOST 103-2410-H-260 -013 -.
  11. Hung, Pi-Hsia, 2013, Stock Traders’ Order Submission Decision, Market Conditions, Investor Behavior and Investment Performance, National Science Council, Grant No: NSC 102-2410-H-260 -012 -.
  12. Hung, Pi-Hsia, 2012, Traders’ Order Choice Decision in a Pure Order-driven Market: Evidence from Taiwanese Intra-day Trading Behavior, National Science Council, Grant No: NSC 101-2410-H-260 -018 -.
  13. Subsidy for S&P Compustat Database Project, National Science Council, Grant No: NSC 101-2420-H-260 -001 -ED
  14. Hung, Pi-Hsia, 2011, Order Submission Strategies and Execution Costs: Comprehensive Evidence from Institutional and Individual Intra-day Trading Behavior in a Pure Order-driven Market, National Science Council, Grant No: NSC 100-2410-H-260 -014 -.
  15. Hung, Pi-Hsia, 2010, Default Risk and Takeover Activities, National Science Council, Grant No: NSC 99-2410-H-260 -039 -.
  16. Hung, Pi-Hsia, 2009, Trade Sizes, Order Types, Investor Classes and Informed Trading: Evidence from Intra-day Institutional Trading in Taiwan, National Science Council, Grant No: NSC 98-2410-H-260 -015 -.

指導計畫/Supervised College Student Research Projects

  1. Jhou, Yu-Jie, 2023, An Analysis of Market Quality: Evidence from Continuous Trading in the Taiwan Stock Exchange, National Science and Technology Council, Grant No: 112-2813-C-260-002-H.
  2. Liang, Bo-Fen, 2023, The Impacts of Continuous Trading on Order Submission Decisions and Market Liquidity in the Taiwan Stock Exchange, National Science and Technology Council, Grant No: 112-2813-C-260-001-H.
  3. Cheng, Cheng Lei, 2022, The Impacts of Idiosyncratic Risk and Investor Sentiment on Order Decisions: Evidence from the Taiwan Stock Exchange, Ministry of Science and Technology, Grant No: 111-2813-C-260-014-H.
  4. Liang, Yu Hong, 2021, Portfolio Pumping: A Stock-level Analysis in the Taiwan Stock Exchange Ministry of Science and Technology, Grant No: 110-2813-C-260- 022-H.
  5. Guan Wei Wang, 2019, Institutional Ownership and Risk-adjusted Equity Returns: An Empirical Analysis of Investment Advantages in the Taiwan Stock Exchange, Ministry of Science and Technology, Grant No: 108-2813-C-260-023-H
  6. Ming-Xin Guo, 2018, Window Dressing in Fund Managers, Ministry of Science and Technology, Grant No: 107-2813-C-260-008-H
  7. Fang-Yu Hu, 2017, The Influence of the CEO’s Personal Characteristics and Corporate Governance on the Firm Value after Mergers and Acquisitions, Ministry of Science and Technology, Grant No: 106-2813-C-260-019-H
  8. Wen-Xin Lee, 2012, The Role of Institutional Investors in CEO Turnover: Evidence from Taiwan Stock Exchange, National Science Council, Grant No: 101-2815-C-260-012-H

指導論文/ Supervised Student Dissertations

  1. Chih-Yan-Cheng, 2023, The Impacts of Female Director Ratios and Financial Conditions on Financial Leverage, National Chi Nan University.
  2. Yu-Xian Lin, 2023, The Impacts of ESG and COVID-19 on Operating Performance and Firm Value: Evidence from the S&P500 Components, National Chi Nan University.
  3. Yeh, Hsing-Chen, 2022, Block Trading and Information Shares: Evidence from the Taiwan Stock Exchange, National Chi Nan University.
  4. Tung, Cheng-Yu, 2021, Do Mutual Fund Investors Have Fund-Picking Abilities? An Analysis of Listed Open-Ended Funds in the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  5. Zhuang, Jia-Wei, 2021, An Empirical Analysis of Portfolio Pumping by Listed Open-Ended Funds, Department of Banking and Finance, National Chi Nan University.
  6. Chiou, Yi-Jia, 2021, The Research on the Operating Performance of the Banking Industry in Taiwan, Executive Master Program of Business Administration.
  7. Chiang, Ju-Ling, 2021, The Influences of Advertising Effectiveness on Consumer Behavior: A Study of Outdoor LED Digital Signages, Executive Master Program of Business Administration.
  8. Tseng, Li Wen, 2021, The Impacts of Cross-listed Firms’ Motivations and Firm Characteristics on Firm Value, Department of Banking and Finance, National Chi Nan University.
  9. Lan, Kung-Feng, 2021, The Impacts of Price Limit Change and Firm Characteristics on Institutional Ownership in the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  10. Xu, Pei Qi, 2021, Best Global Brands, Earnings Quality, and Firm Performance, Department of Banking and Finance, National Chi Nan University.
  11. Cheng, Yuan-Ni, 2021, Investor Types and Herding Behavior: Evidence from the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  12. Tsai, Hsin-Yu, 2021, Order Submissions Decision and Market Quality, Department of Banking and Finance, National Chi Nan University.
  13. Lo, Hsiang-Yu, 2020, Traders’ Order Decisions: Evidence from the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  14. Lee, Cheng Kang, 2019, INtraday Magnet and Interday Trigger Effects of Price Limits in the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  15. Lai, Li An, 2019, An Empirical Analysis of Odd Lots in the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  16. Chen Li-Wen, Analysts’ Recommendation and Stock Traders’ Herding, Department of Banking and Finance, National Chi Nan University.
  17. Huang, Wei-Chi, 2018, Retention Ratios and Corporate Payout Policy: An Empirical Study on Financial Constraints and Crisis, Department of Banking and Finance, National Chi Nan University.
  18. Chien, Yun-Ju 2018, The Investment Concentration, Stock Picking, and Market Timing Abilities: Evidence from Equity Mutual Funds in Taiwan, Department of Banking and Finance, National Chi Nan University.
  19. Wu, Yi-Hsien, 2018, How Block Trades Affect Stock Return? Evidence from the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  20. Chen, Yi-Hsuan, 2018, The Effects of the Relaxation of Stock Price Limits on Market Quality in the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  21. Zhu, Jia-De, 2017, The Relaxation of Daily Price Limit, Order Execution, and Market Quality: Evidence from the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  22. Chen, Hung-Ju, 2017, Trading Price Ratios and Investment Performance: Evidence from the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  23. Pan, Chiu-Ting, 2017, The Relaxation of Daily Price Limit and Stock Traders’ Order Submission Behavior: Evidence from the Taiwan stock Exchange, Department of Banking and Finance, National Chi Nan University.
  24. Huang, Tzu-Hu, 2017, Stock Traders’ Disposition Effects and Contrarian Behavior: Evidence from the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  25. Tseng, Yuh-Tyng, 2017, The Value of Cash Holdings and Firm Performance, Department of Banking and Finance, National Chi Nan University.
  26. Hung, Yi-Chun, 2016, Price Clustering, Trade-size Clustering and Performance on the Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  27. Tsai, Meng-Pin, 2016, Market Conditions, Order Submission, and Investment Performance, Department of Banking and Finance, National Chi Nan University.
  28. Chen, Ching-Yang, 2016, Brand Visibility, Cash Flow Stability and Firm Value, Department of Banking and Finance, National Chi Nan University.
  29. Lin, Zong-Wei, 2016, Whose Trades Move Stock Prices? Evidence from the Taiwan Stock Exchange? Department of Banking and Finance, National Chi Nan University.
  30. Lin, Chung-Yueh, 2015, Does Stock Trader’s Order Aggressiveness Predict Future Return? Evidence from an Order-driven Market, Department of Banking and Finance, National Chi Nan University.
  31. Lin, Jun-Heng, 2015, Linear and Nonlinear Economic Exposures of Foreign Exchange Rates: Evidence from U.S. Multinational Corporations, Department of Banking and Finance, National Chi Nan University.
  32. Wu, Chia-Lin, 2015, CEOs versus CFOs Incentives, Corporate Policies and Firm Performance, Department of Banking and Finance, National Chi Nan University.
  33. Wang, Zhi-Jun, 2015, The Degree of Traders’ Confidence, Herding Behavior and Investment Performance in Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  34. Ding, Man-Yi, 2014, The Role of the Fund Ranking: Do Fund Families Take the Discrepancy Strategies? Department of Banking and Finance, National Chi Nan University.
  35. Lin, Si-Yi, 2013, How do momentum strategies explain their dynamic relationship, firms’ excess returns, and earnings? Department of Banking and Finance, National Chi Nan University.
  36. Cheng, Miao-Sih, 2012, Default Risk and Takeover Activities, Department of Banking and Finance, National Chi Nan University.
  37. Su, Pei-Zhen, 2012, The Role of Award Funds in Fund Families: Does Fund Families Use Subsidy Strategies? Department of Banking and Finance, National Chi Nan University.
  38. Tsai, Yon-Da, 2012, How does News of the Market Observation Post System Affect Stock Return? Evidence from Intra- and Inter-day Analyses in Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  39. Wu, Yun-Lin, 2011, Order Aggressiveness of Traders: Evidence from Taiwan Stock Exchange, Department of Banking and Finance, National Chi Nan University.
  40. Hung, Tang-Cheng, 2011, Executive Compensation, Earnings Management, and Profitability, Department of Banking and Finance, National Chi Nan University.
  41. Li, Ssu-Chieh, 2011, A Comparative Study of Equity Mutual Funds: Concentrated versus Distributed Styles, Department of Banking and Finance, National Chi Nan University.
  42. Liu, Yu-Hsin, 2010, A Comparative Analysis on Funds of Funds and Mutual Funds, Department of Banking and Finance, National Chi Nan University.
  43. Wu, Chai-Yang, 2010, A Study on the Relationship between Family Ownership, Institution Share Holdings and Firm value, Department of Banking and Finance, National Chi Nan University.
  44. Liao, Hsin-Yen, 2009, Order Imbalances, Investor Types and Stock Returns, Department of Banking and Finance, National Chi Nan University.
  45. Teng, Wan-Fei, 2009, Price Clustering and Trade-size Clustering in Taiwan Stock Market, Department of Banking and Finance, National Chi Nan University.

Awards and Honors

  1. 2022 Academic Research Reward, National Science and Technology Council.
  2. 2022 Academic Research Reward, National Chi Nan University.
  3. 2021 Excellent Teaching Instructor for Financial Management (I), National Chi Nan University.
  4. 2021 Academic Research Reward, Ministry of Science and Technology.
  5. 2021 Academic Research Reward, National Chi Nan University.
  6. 2020 Academic Research Reward, National Chi Nan University.
  7. 2019 Flexible Salary Incentives for Recruiting and Retaining Exceptional Talents.
  8. 2019 Academic Research Reward, National Chi Nan University.
  9. 2019 Fubon Life Management Doctor and Master Thesis Award, Fine Work in the Category of Financial and Risk Management, Analysts’ Recommendation and Stock Traders’ Herding, Thesis Advisor, supported by Fubon Life Insurance Corporation, hosted by Chinese Management Association.
  10. 2019 MOE Subsidies for Universities and Colleges to Implement Flexible Performance-based Salaries for Outstanding Personnel, supported by Ministry of Education.
  11. 2017-2018 AJFS Top 20 Download Article, The Role of Outstanding Foundation Awards in Fund Families, published in Asia-Pacific Journal of Financial Studies 46 (1)
  12. 2018 Academic Research Reward, National Chi Nan University.
  13. 2018 Teaching Excellence Award, National Chi Nan University.
  14. 2018 Excellent Teaching Instructor for Issues in Financial Econometrics, National Chi Nan University.
  15. 2017 AJFS Best Reviewer Award in Asia-Pacific Journal of Financial Studies, Korea Advanced Institute of Science and Technology (KAIST).
  16. 2017 Academic Research Reward, National Chi Nan University.
  17. 2017 Excellent Teaching Instructor for Regression Analysis, National Chi Nan University.
  18. 2017 Excellent Teaching Assistant Award for Regression Analysis, Course Instructor, National Chi Nan University.
  19. 2017 Excellent Mentor Award, National Chi Nan University.
  20. 2016 Academic Research Reward, National Chi Nan University.
  21. 2015 Academic Research Reward, National Chi Nan University.
  22. 2015 UMC Thesis Award, A Concentration Analysis of Domestic Equity Mutual Funds, published in Journal of Financial Studies 21 (1), supported by United Microelectronics Corporation, hosted by Chinese Management Association.
  23. 2012 Excellent Teaching Award, National Chi Nan University.
  24. 2014 Academic Research Reward, National Chi Nan University.
  25. 2013 Academic Research Reward, National Chi Nan University.

Referee Services

  1. Asia-Pacific Journal of Financial Studies
  2. Corporate Management Review
  3. Emergin Markets Finance and Trade
  4. International Journal of Commerce and Strategy
  5. International Review of Economics and Finance
  6. Journal of Finance and Accounting
  7. Journal of Management and Business Research
  8. Managerial Finance
  9. MOST College Student Research Projects, Ministry of Science and Technology
  10. MOST Research Projects, Ministry of Science and Technology
  11. National Accounting Review
  12. North American Journal of Economics and Finance
  13. Pacific-Basin Finance Journal
  14. PLOS ONE
  15. Quantitative Finance and Economics
  16. Quarterly Review of Economics and Finance
  17. Review of Quantitative Finance and Accounting
  18. South Asian Journal of Management Sciences
  19. Sun Yat-Sen Management Review
  20. The British Accounting Review
  21. Universal Journal of Accounting and Finance

技術報告與其他論文/ Published Research Reports & Other Published Articles

  1. Hong, B. S., 2008, Essays on Institutional Trading Behavior around Analysts' Earnings Forecast Release Events: Evidence from Taiwan, Department of Finance, National Chung Cheng University.
  2. 洪碧霞，1995，我國中小企業技術升級之研究─建立中小企業技術升級指標，台灣經濟研究院。
  3. 洪碧霞，1994，工業技術人才堷訓計畫五年長期研究工作─人才培訓對於公司及個人績效之研究，台灣經濟研究院。
  4. 洪碧霞，1993，工業技術人才堷訓計畫五年長期研究工作─人才培訓對於公司及個人績效之研究，台灣經濟研究院。
  5. 簡任鍾與洪碧霞，1995，市埸區隔與促銷方式偏好之研究─家電市場為例，企銀季刊，頁106-123。
  6.  洪碧霞，1994，我國製造業人才培訓現況，台經月刊，頁33-39。
  7. 洪碧霞，1994，本國銀行營業單位經營績效與服務品質之實證研究，管理與系統，頁89-104。
  8. 洪碧霞，1994，台商赴大陸投資現況與SWOT分析，台灣證券季刊，頁30-43。
  9. 洪碧霞，1993，不同企業規模的人力資源培育，台經月刊，頁53-60。
  10. 洪碧霞，1992，銀行經營績效與服務品質之實證研究─上海商業儲蓄銀行為例，淡江大學管理科學研究所碩士論文。