柯冠成

 

職稱:特聘教授
專長:資產定價、投資學、財務計 量、行為財務學
學歷:國立中央大學財務金融系博士
E-mail:kcko@ncnu.edu.tw
聯絡電話:049-2910960  ext 4695
Office Hours: 星期二10:00-12:00(請事先以e-mail與老師預約)
研究室: 管414-2

 


Working Experience

Distinguished Professor of Finance, National Chi Nan University (08/2019-present)

Visiting Professor of Finance, University of Hawaii at Manoa (02/2017-07/2017)

Professor of Finance, National Chi Nan University (08/2016-present)

Chair of Department of Banking and Finance, National Chi Nan University (08/2012-07/2014)

Associate Professor of Finance, National Chi Nan University (08/2012-07/2016)

Assistant Professor of Finance, National Chi Nan University (08/2009-07/2012)


Education
Ph.D. in Finance, National Central University (09/2004-06/2008)
M.S. in Finance, National Central University (09/2002-06/2004)
B.S. in Quantitative Finance, National Tsing Hua University (09/1998-06/2002)

 

Research Areas
Empirical asset pricing; Investments; Behavioral finance


Refereed Journal Publications

(A)        International journals:

1.            Chou, Pin-Huang, Kuan-Cheng Ko and Nien-Tzu Yang, 2019. Asset Growth, Style Investing and Momentum. Journal of Banking and Finance 98, 108-124. (SSCI; corresponding author)

2.            Hao, Ying, Robin K. Chou and Kuan-Cheng Ko, 2018. Boom Baby, Career Experience and Risk Taking: A Natural Experiment from Chinese CEOs’ Growth Path. International Review of Finance, forthcoming. (SSCI)

3.            Hao, Ying, Robin K. Chou, Kuan-Cheng Ko and Nien-Tzu Yang, 2018. The 52-Week High, Momentum, and Investor Sentiment. International Review of Financial Analysis 57, 167-183. (SSCI; corresponding author)

4.            Yang, Nien-Tzu, Hsiang-Hui Chu, Kuan-Cheng Ko and Shiou-Wen Lee, 2018. Continuing Overreaction and Momentum in a Market with Price Limits. Pacific-Basin Finance Journal 48, 56-71. (SSCI; corresponding author)

5.            Chang, Rosita P., Kuan-Cheng Ko, Shinji Nakano and S. Ghon Rhee, 2018. Residual Momentum in Japan. Journal of Empirical Finance 45, 283-299. (SSCI)

6.            Lin, Chaonan, Kuan-Cheng Ko, Lin Lin and Nien-Tzu Yang, 2017. Price Limits and the Value Premium in the Taiwan Stock Market. Pacific-Basin Finance Journal 41, 26-45. (SSCI; corresponding author)

7.            Lin, Chaonan, Kuan-Cheng Ko, Zhi-Xiang Feng and Nien-Tzu Yang, 2016. Market Dynamics and Momentum in the Taiwan Stock Market. Pacific-Basin Finance Journal 38, 59-75. (SSCI; corresponding author)

8.            Lin, Chaonan, Kuan-Cheng Ko, Yu-Lin Chen and Hsiang-Hui Chu, 2016. Information Discreteness, Price Limits and Earnings Momentum. Pacific-Basin Finance Journal 37, 1-22. (SSCI; corresponding author, Lead article)

9.            Hao, Ying, Hsiang-Hui Chu, Keng-Yu Ho and Kuan-Cheng Ko, 2016. The 52-Week High and Momentum Investing in Taiwan Stock Market: Anchoring or Recency Biases? International Review of Economics & Finance 43, 121-138. (SSCI; corresponding author)

10.         Hao, Ying, Hsiang-Hui Chu, Kuan-Cheng Ko and Lin Lin, 2016. Momentum Strategies and Investor Sentiment in the REIT Market. International Review of Finance 16(1), 41-71. (SSCI; corresponding author)

11.         Ko, Kuan-Cheng, Shinn-Juh Lin, Hsiang-Ju Su and Hsing-Hua Chang, 2014. Value Investing and Technical Analysis in Taiwan Stock Market. Pacific-Basin Finance Journal 26, 14-36. (SSCI; corresponding author)

12.         Chou, Pin-Huang, Robin K. Chou, Kuan-Cheng Ko and Chun-Yi Chao, 2013. What Affects the Cool-off Duration under Price Limits? Pacific-Basin Finance Journal 24, 256-278. (SSCI)

13.         Chu, Hsiang-Hui, Kuan-Cheng Ko, Shinn-Juh Lin and Hsiao-Wei Ho, 2013. Credit Rating Anomaly in Taiwan Stock Market. Asia-Pacific Journal of Financial Studies 42(3), 403-441. (SSCI; corresponding author)

14.         Chou, Pin-Huang, Po-Hsin Ho and Kuan-Cheng Ko, 2012. Do Industries Matter in Explaining Stock Returns and Asset-Pricing Anomalies? Journal of Banking and Finance 36(2), 355-370. (SSCI)

15.         Chou, Pin-Huang, Kuan-Cheng Ko, Szu-Tsen Kuo and Shinn-Juh Lin, 2012. Firm Characteristics, Alternative Factors, and Asset-Pricing Anomalies: Evidence from Japan. Quantitative Finance 12(3), 369-382. (SSCI)

16.         Chou, Pin-Huang, Kuan-Cheng Ko and Shinn-Juh Lin, 2010. Do Relative Leverage and Relative Distress Really Explain Size and Book-to-Market Anomalies? Journal of Financial Markets 13(1), 77-100. (SSCI)

17.         Chou, Pin-Huang, Robin K. Chou and Kuan-Cheng Ko, 2009. Prospect Theory and the Risk-Return Paradox: Some Recent Evidence. Review of Quantitative Finance and Accounting 33(3), 193-208. (Lead article)

18.         Chou, Pin-Huang and Kuan-Cheng Ko, 2008. Characteristics, Covariances, and Structural Breaks. Economics Letters 100(1), 31-34. (SSCI)

19.         Yang, Nien-Tzu, Kuan-Cheng Ko, Hsiang-Tai Lee and Kai-Zhe Lin, 2018. Economic States, Downside Risk and Momentum in the Taiwan Stock Market. Journal of Financial Studies, forthcoming. (TSSCI)

20.         Yang, Nien-Tzu, Kuan-Cheng Ko and Lin Lin, 2018. Residual Momentum and Investor Sentiment. Journal of Management and Business Research, forthcoming. (TSSCI; corresponding author)

21.         Ko, Kuan-Cheng, Hsiang-Ju Su, Shinn-Juh Lin and Hsiang-Hui Chu, 2016. The Impact of Technical Analysis on Volatility and Size Effects in Taiwan Stock Market. Journal of Management and Business Research 33(2), 281-309. (TSSCI)

22.         Ko, Kuan-Cheng, Huei-Jyun Jiang, Shinn-Juh Lin and Jung-Hsien Chang, 2012. Asset Growth and Stock Returns: Evidence from Taiwan Stock Market. Journal of Management and Business Research 29(5), 465-487. (TSSCI)

23.         Lee, Hsiang-Tai, Jui-Yi Wu, Shinn-Juh Lin and Kuan-Cheng Ko, 2012. A Regime-Switching Approach for Bank Interest Rate and Foreign Exchange Risk Management. Journal of Futures and Options 5(1), 1-36. (TSSCI, Lead article; corresponding author)

24.         Lee, Hsiang-Tai, Yi -Shin Kang and Kuan-Cheng Ko, 2011. An ICA-GARCH Model for Dynamic Futures Hedging. Journal of Management and Business Research 28(2), 171-189. (TSSCI)

25.         Lee, Hsiang-Tai and Kuan-Cheng Ko, 2010. Cross Hedging Effectiveness of Taiwan Stock Index Futures. Journal of Futures and Options 3(1), 33-55. (TSSCI)

 

(B)        Local Practitioner Journals:

1.        柯冠成,2019。「臺灣期貨市場造市制度與功能」之研究。期貨人季刊,第70卷,48-57

 

Selected Conference Presentations

1.            Chou, Robin K., Chaonan Lin, Kuan-Cheng Ko, and Nien-Tzu Yang, A Timing Momentum Strategy. The 2019 Annual Meeting of the Financial Management Association International, New Orleans, LA, USA, 10/2019

2.            Chou, Pin-Huang, Kuan-Cheng Ko and Nien-Tzu Yang, Asset Growth, Style Investing and Momentum. 2018 New Zealand Finance Meeting, Queenstown, New Zealand, 12/2018.

3.            Ko, Kuan-Cheng and Nien-Tzu Yang, Investor Gambling Preference and the Asset Growth Anomaly. The 2018 Annual Meeting of the Financial Management Association International, San Diego, California, USA, 10/2018.

4.            Ko, Kuan-Cheng and Nien-Tzu Yang, Investor Gambling Preference and the Asset Growth Anomaly. The 4th Indonesian Finance Association International Conference 2018, Lampung, Indonesia, 09/2018.

5.            Chou, Robin K. and Kuan-Cheng Ko, National Culture and the Asset Growth Effect. The 2018 International Conference of Taiwan Finance Association, Taipei, Taiwan, 05/2018

6.            Ko, Kuan-Cheng and Nien-Tzu Yang, Investor Gambling Preference and the Asset Growth Anomaly. The 2018 International Conference of Taiwan Finance Association, Taipei, Taiwan, 05/2018

7.            Ko, Kuan-Cheng and Nien-Tzu Yang, Investor Gambling Preference and the Asset Growth Anomaly. The European Financial Management Association 2018 Annual Meetings, Milan, Italy, 6/2018.

8.            Ko, Kuan-Cheng and Nien-Tzu Yang, Investor Gambling Preference and the Asset Growth Anomaly. 2018 Financial Management Association European Conference, Kristiansand, Norway, 6/2018

9.            Chou, Robin K. and Kuan-Cheng Ko, National Cultures and the Asset Growth Effect: Insights from the Overinvestment Hypothesis. The 25th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan, 12/2017.

10.         Yang, Nien-Tzu, Hsiang-Hui Chu, Kuan-Cheng Ko and Shiou-Wen Lee, Continuing Overreaction and Momentum in a Market with Price Limits. The 2017 Annual Meeting of the Financial Management Association International, Boston, Massachusetts, USA, 10/2017

11.         Ko, Kuan-Cheng, Kai-Zhe Lin and Nien-Tzu Yang, Economic States, Downside Risk and Momentum in the Taiwan Stock Market. The 29th Asian Finance Association Annual Conference 2017, Seoul, Korea, 07/2017

12.         Chu, Hsiang-Hui, Kuan-Cheng Ko, Shiou-Wen Lee and Nien-Tzu Yang, Continuing Overreaction and Momentum in a Market with Price Limits. The 29th Asian Finance Association Annual Conference 2017, Seoul, Korea, 07/2017

13.         Lin, Chaonan, Kuan-Cheng Ko, Lin Lin and Nien-Tzu Yang, Price Limits and the Value Premium in the Taiwan Stock Market. The 12th International Conference on Asian Financial Markets and Economic Development, Kyoto, Japan, 01/2017

14.         Lin, Chaonan, Kuan-Cheng Ko, Lin Lin and Nien-Tzu Yang, Price Limits and the Value Premium in the Taiwan Stock Market. 2016 Paris Financial Management Conference, Paris, France, 12/2016.

15.         Chang, Rosita P., Kuan-Cheng Ko, Shinji Nakano and S. Ghon Rhee, Residual Momentum and Investor Underreaction in Japan. 2016 Paris Financial Management Conference, Paris, France, 12/2016.

16.         Chen, Tsung-Yu, Pin-Huang Chou, Kuan-Cheng Ko, and S. Ghon Rhee, Nonparametric Momentum Strategies. The 24th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan, 12/2016

17.         Chang, Rosita P., Kuan-Cheng Ko, Shinji Nakano and S. Ghon Rhee, Residual Momentum and Investor Underreaction in Japan. The 24th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan, 12/2016

18.         Chu, Hsiang-Hui, Kuan-Cheng Ko, and Shiou-Wen Lee, Continuing Overreaction and Momentum in a Market with Price Limits. 10th NCTU International Finance Conference, Hsinchu, Taiwan, 12/2016

19.         Hao, Ying, Robin K. Chou and Kuan-Cheng Ko, The 52-Week High, Momentum, and Investor Sentiment. 2nd Indonesian Finance Association International Conference, Yogyakarta, Indonesia, 08/2016

20.         Ko, Kuan-Cheng, Asset Growth, Style Investing and Momentum. The 25th European Financial Management Association 2016 Annual Meetings, Basel, Switzerland, 06/2016.

21.         Lin, Chaonan, Kuan-Cheng Ko, Zhi-Xiang Feng and Nien-Tzu Yang, Market Dynamics and Momentum in the Taiwan Stock Market. The 28th Asian Finance Association 2016 Annual Meeting, Bangkok, Thailand, 06/2016

22.         Chang, Rosita P., Kuan-Cheng Ko, Shinji Nakano and S. Ghon Rhee, Residual Momentum and Investor Underreaction in Japan. The KAFA 25th Anniversary Conference, Seoul, Korea, 06/2016.

23.         Ko, Kuan-Cheng, Asset Growth, Style Investing and Momentum. The 2016 International Conference of Taiwan Finance Association, New Taipei City, Taiwan, 05/2016

24.         Hao, Ying, Pi-Hsia Hung, Kuan-Cheng Ko and Lin Lin, Residual Momentum and Investor Sentiment. 2016 Joint Meeting of the Cross-Strait Financial Education Alliance and the Central Taiwan Finance Association, Taichung, Taiwan, 05/2016

25.         Ko, Kuan-Cheng, Asset Growth, Style Investing and Momentum. Eastern Finance Association 2016 Annual Meetings, Baltimore, Maryland, USA, 04/2016

26.         Ko, Kuan-Cheng, Asset Growth, Style Investing and Momentum. The 23th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan, 12/2015.

27.         Chang, Rosita P., Hideaki Iwata and Kuan-Cheng Ko, Residual Momentum and Investor Underreaction in Japan. 2015 Annual Meeting of the Asian Finance Association, Changsha, China, 06/2015.

28.         Hao, Ying, Pi-Hsia Hung, Kuan-Cheng Ko and Lin Lin, Residual Momentum and Investor Sentiment. The 2015 International Conference of Taiwan Finance Association, Taichung, Taiwan, 06/2015.

29.         Hao, Ying, Robin K. Chou and Kuan-Cheng Ko, The 52-Week High, Momentum, and Investor Sentiment. The 27th Australasian Finance and Banking Conference, Sydney, Australia, 12/2014.

30.         Hao, Ying, Robin K. Chou and Kuan-Cheng Ko, The 52-Week High, Momentum, and Investor Sentiment. The 22th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan, 12/2014

31.         Hao, Ying, Robin K. Chou and Kuan-Cheng Ko, The 52-Week High, Momentum, and Investor Sentiment. 2014 Annual Meeting of the Financial Management Association International, Nashville, Tennessee, USA, 10/2014

32.         Hao, Ying, Hsiang-Hui Chu, Keng-Yu Ho and Kuan-Cheng Ko, The 52-Week High and Momentum in Taiwan Stock Market: Anchoring or Recency Biases? The 22nd Annual Conference on Pacific Basin Finance, Economics, Accounting, and Management, Nagoya, Japan, 09/2014.

33.         Hao, Ying, Hsiang-Hui Chu, Keng-Yu Ho and Kuan-Cheng Ko, The 52-Week High and Momentum in Taiwan Stock Market: Anchoring or Recency Biases? The 2014 Asian Finance Association Conference, Bali, Indonesia, 06/2014

34.         Hao, Ying, Hsiang-Hui Chu, Keng-Yu Ho and Kuan-Cheng Ko, The 52-Week High and Momentum in Taiwan Stock Market: Anchoring or Recency Biases? The 2014 International Conference of Taiwan Finance Association, Hsinchu, 05/2014

35.         Hao, Ying, Hsiang-Hui Chu, Keng-Yu Ho and Kuan-Cheng Ko, The 52-Week High and Momentum in Taiwan Stock Market: Anchoring or Recency Biases? 2014 The Joint Annual Meeting of CTFA and FeAT, Taichung, Taiwan, 05/2014

36.         Ko, Kuan-Cheng, Hsiang-Ju Su, Shinn-Juh Lin and Hsiang-Hui Chu, The Impact of Technical Analysis on Volatility and Size Effects in Taiwan Stock Market. 2014 The Joint Annual Meeting of CTFA and FeAT, Taichung, Taiwan, 05/2014

37.         Chou, Pin-Huang, Kuan-Cheng Ko and K.C. John Wei, Sources of the Liquidity Premium. The 21th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan, 12/2013

38.         Ko, Kuan-Cheng and Robin K. Chou, Country Momentum, Industry Momentum and Trading Volume. 2013 Annual Meeting of the Financial Management Association International, Chicago, USA, 10/2013.

39.         Ko, Kuan-Cheng, Shinn-Juh Lin, Hsiang-Ju Su and Hsing-Hua Chang, Value Investing and Technical Analysis in Taiwan Stock Market. 2013 The Annual Meeting of CTFA, Taichung, Taiwan, 04/2013.

40.         Ko, Kuan-Cheng, Shinn-Juh Lin, Hsiang-Ju Su and Hsing-Hua Chang, Value Investing and Technical Analysis in Taiwan Stock Market. 10th Biennial Pacific Rim Conference, Tokyo, Japan, 03/2013

41.         Huang, Yu-Ru, Kuan-Cheng Ko, Hsiang-Tai Lee and Shinn-Juh Lin, Does the Value Spread Predict International Stock Returns? 2012 KFA-TFA Joint Conference in Finance, Seoul, Korea, 09/2012.

42.         Ko, Kuan-Cheng, Shinn-Juh Lin, Hsiang-Hui Chu and Hsiao-Wei Ho, Credit Rating Anomaly in Taiwan Stock Market, 2012 KFA-TFA Joint Conference in Finance, Seoul, Korea, 09/2012.

43.         Chou, Pin-Huang, Robin K. Chou and Kuan-Cheng Ko, What Affects the Cool-off Duration under Price Limits? Asian Finance Association and Taiwan Finance Association 2012 Joint International Conference, Taipei, Taiwan, 07/2012

44.         Ko, Kuan-Cheng, Shinn-Juh Lin, Hsiang-Hui Chu and Hsiao-Wei Ho, Credit Rating Anomaly in Taiwan Stock Market, Asian Finance Association and Taiwan Finance Association 2012 Joint International Conference, Taipei, Taiwan, 07/2012.

45.         Ko, Kuan-Cheng, Shinn-Juh Lin and Ju-Fang Yen, Levered Returns: Factors or Characteristics? Eastern Finance Association 2012 Annual Meetings, Boston, USA, 04/2012.

46.         Chou, Pin-Huang, Kuan-Cheng Ko and K.C. John Wei, What Drives the Liquidity Premium: Factors or Characteristics? The 19th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan, 12/2011

47.         Ko, Kuan-Cheng, Shinn-Juh Lin and Ju-Fang Yen, Levered Returns: Factors or Characteristics? 20th European Financial Management Association Conference, Braga, Portugal, 06/2011

48.         Ko, Kuan-Cheng, Shinn-Juh Lin and Ju-Fang Yen, Levered Returns: Factors or Characteristics? 2011 International Conference of Taiwan Finance Association, Kaohsiung, Taiwan, 05/2011.

49.         Ko, Kuan-Cheng, Credit Rating Anomaly in Taiwan Stock Market, The 6th International Conference on Asian Financial Markets, Fukuoka, Japan, 12/2010

50.         Chou, Pin-Huang, Kuan-Cheng Ko, Szu-Tsen Kuo and Shinn-Juh Lin, Firm Characteristics, Alternative Factors, and Asset-Pricing Anomalies: Evidence from Japan, 2010 International Conference of Taiwan Finance Association, Puli, Taiwan, 05/2010

51.         Chou, Pin-Huang, Kuan-Cheng Ko, Szu-Tsen Kuo and Shinn-Juh Lin, Firm Characteristics, Alternative Factors, and Asset-Pricing Anomalies: Evidence from Japan, Finance and Corporate Governance Conference, Melbourne, Australia, 04/2010.

52.         Chou, Pin-Huang, Kuan-Cheng Ko and Shinn-Juh Lin, Do Relative Leverage and Relative Distress Really Explain Size and Book-to-Market Anomalies? The 2008 Midwest Finance Association Annual Meeting, San Antonio, Texas, USA, 02/2008.

53.         Chou, Pin-Huang, Kuan-Cheng Ko and Shinn-Juh Lin, Do Relative Leverage and Relative Distress Really Explain Size and Book-to-Market Anomalies? The 15th Conference on the Theories and Practices of Securities and Financial Markets, National Sun Yat-sen University, Kaohsiung, Taiwan, 12/2007.

54.         Chou, Pin-Huang, Robin K. Chou and Kuan-Cheng Ko, Empirical Determinants of Limit-hit Durations: Rational and Behavioral Perspectives, Second International Conference on Asia-Pacific Financial Markets (CAFM), Seoul, Korea, 12/2007.

55.         Chou, Pin-Huang, Robin K. Chou and Kuan-Cheng Ko, Empirical Determinants of Limit-hit Durations: Rational and Behavioral Perspectives, The Inaugural Conference of the Taiwan Econometric Society, Academia Sinica, Taipei, Taiwan, 11/2007.

56.         Chou, Pin-Huang, Robin K. Chou and Kuan-Cheng Ko, Empirical Determinants of Limit-hit Durations: Rational and Behavioral Perspectives, The 2006 NTU International Conference on Finance, Taipei, Taiwan, 12/2006

 

Books and Book Chapters

1.            Ko, Kuan-Cheng, 2008, Essays on Firm Characteristics, Alternative Factors, and Asset-Pricing Anomalies, National Central University. (Ph. D. dissertation)

2.            Ko, Kuan-Cheng, 2004, Prospect Theory and the Risk-Return Relationship: Evidence from Mutual Funds, National Central University. (Master thesis)

3.            Ko, Kuan-Cheng (with professors from Department of Finance at National Central University), 2004, Financial Case Book I, Taiwan Academy of Banking and Finance.

 

Awards and Honors

1.           2019 UMC Best Paper Award (Paper title: The Impact of Technical Analysis on Volatility and Size Effects in Taiwan Stock Market)

2.            1st Best Paper Award for The 4th Indonesian Finance Association (IFA) International Conference held in Lampung, Indonesia, 2018 (Paper title: Investor Gambling Preference and the Asset Growth Anomaly)

3.            Distinguished Scholar funded by MOST (2013, 2014, 2016, 2017, 2018)

4.            2017 Best Practical Paper Award of Journal of Management (Paper title: The Impact of Technical Analysis on Volatility and Size Effects in Taiwan Stock Market)

5.            Fubon Best Paper Award for The 2016 International Conference of Taiwan Finance Association held in New Taipei City, Taiwan, 2016 (Paper title: Asset Growth, Style Investing and Momentum)

6.            National Chi Nan University Outstanding Researcher Award (2015)

7.            2014 UMC Best Paper Award (Paper title: Asset Growth and Stock Returns: Evidence from Taiwan Stock Market)

8.            2013 Best Paper Award of Journal of Management (Paper title: Asset Growth and Stock Returns: Evidence from Taiwan Stock Market)

9.            2012 Best Paper Award of Journal of Management (Paper title: An ICA-GARCH Model for Dynamic Futures Hedging)

10.            Runner-up Paper Award for Finance and Corporate Governance Conference held in Melbourne, Australia, 2010

11.         PhD Travel Award for The 2008 Midwest Finance Association Annual Meeting held in San Antonio, Texas, USA, 2008

 

Ministry of Science and Technology (National Science Council) Grants

1.           Technical Analysis in Long and Short Terms and the Cross-Sectional Stock Returns: Underreaction or Overreaction?, MOST 108-2410-H-260-004-MY3 (Principal investigator, 08/2019-09/2022)

2.           Structural-Change Tests and Momentum Investing, MOST 108-2410-H-260-005-MY2 (Principal investigator, 08/2019-09/2021)

3.           Anchoring Biases and Return Predictability: The Roles of Individualism and Time-Series Momentum, MOST 108-2410-H-004-079-MY2 (Co-investigator, 08/2019-09/2021)

4.            Three Essays on the Asset Growth Anomalies, MOST 106-2410-H-260-012-MY2 (08/2017-09/2019)

5.            Anchoring Biases and Asset Pricing Anomalies, MOST 106-2410-H-004-027-MY2 (Co-leader, 08/2017-07/2019)

6.            Price Limits, Investor Attention, Arbitrage Risk and Asset-Pricing Anomalies, MOST 104-2410-H-260-004-MY2 (08/2015-07/2017)

7.            Individualism, Gambling Preferences, and the Asset Growth Anomaly, MOST 104-2410-H-004-017-MY2 (Co-leader, 08/2015-07/2017)

8.            The 52-week High, Low, and Momentum Investing: New Measure and New Evidence, MOST 103-2410-H-260-005-MY3 (08/2014-07/2017)

9.            An Anatomy of Cross-Sectional Return Dispersions, NSC 102-2410-H-008-014-MY3 (Co-leader, 08/2013-07/2016)

10.            Moving Average Signals and Momentum Investing, NSC 102-2628-H-004-001 (Co-leader, 08/2013-07/2014)

11.            Industry and Asset Pricing Anomalies in International Stock Markets, NSC 101-2410-H-260-016-MY2 (08/2012-07/2014)

12.            The 52-Week-High Anomaly: Factors or Characteristics?, NSC 100-2410-H-260-020 (08/2011-07/2012)

13.         Macroeconomic Factors, Firm Characteristics, and Stock Returns, NSC 99-2410-H-260-030 (08/2010-07/2011)

14.         Default Risk and Stock Returns: Characteristics, Factors and Econometric Issues, NSC 99-2410-H-008-038-MY3 (Co-leader, 08/2010-07/2013)

15.         Is Credit-Risk Premium Driven by Relative Leverage and Relative Distress?, NSC 98-2410-H-260-068 (11/2009-10/2010)

16.         Essays on Econometric Analysis of Asset-Pricing Anomalies, NSC 96-2420-H-008-023-DR (NSC Ph.D. Dissertation Award, 08/2007-07/2008)

 

Ministry of Education Grants

1.            Joint Program in Training Students with Skills of Finance and Information Management, MOE 103-03-05-002 (02/2013-01/2015)

 

Industrial Research Projects

1.            臺灣期貨市場造市制度與功能之研究 (中華民國期貨業商業同業公會委託研究計劃,共同主持人,09/2018-01/2019)

2.            如何提升我國當日沖銷交易之發展-就交易成本問題之研究(中華民國證券商業同業公會委託研究計劃,主持人,10/2016-01/2017)

3.            台灣期貨市場交易人下單行為與違約風險相關性之研究(台灣期貨交易所股份有限公司委託計劃,研究助理,06/2006-01/2007)

 

Academic Services

1.            Reviewer for

l   International journals: Asia-Pacific Journal of Financial Studies, Emerging Markets Finance and Trade, Financial Review,International Review of Economics & Finance,Journal of Banking and Finance, Journal of Empirical Finance, Pacific-Basin Finance Journal, Quarterly Review of Economics & Finance, Review of Quantitative Finance and Accounting

l   Local journals: Academia Economic Papers,International Journal of Commerce and Strategy, Journal of Business Administration, Journal of Cheng Shiu University, Journal of Financial Studies,Journal of Management, NTU Management Review, Review of Securities and Futures Markets, Sun Yat-Sen Management Review, Taiwan Economic Review, Taiwan Journal of Applied Economics

l   MOST (NSC) Research Projects (2011-2018)

l   MOST Ph.D. Dissertation Award (2014)

l   MOST College Student Research Projects (2012, 2013, 2016, 2018)

l   MOST College Student Research Creativity Award (2012, 2016)

l   Asian Finance Association Conference (2012, 2016, 2017, 2018)

l   2016 International Conference of Taiwan Finance Association

l   University System of Taipei Joint Research Program (2017)

2.            Discussant for

l   2018 New Zealand Finance Meeting (Queenstown, New Zealand, 12/2018)

l   The 4th Indonesian Finance Association International Conference 2018 (Lampung, Indonesia, 09/2018)

l   The European Financial Management Association 2018 Annual Meetings (Milan, Italy, 06/2018)

l   The 25th Conference on the Theories and Practices of Securities and Financial Markets(Kaohsiung, Taiwan, 12/2017)

l   The 2017 Annual Meeting of the Financial Management Association International(Boston, Massachusetts, USA, 10/2017)

l   The 29th Asian Finance Association Annual Conference 2017(Seoul, Korea, 07/2017)

l   The 12th International Conference on Asian Financial Markets and Economic Development(Kyoto, Japan, 01/2017)

l   2016 Paris Financial Management Conference(Paris, France, 12/2016)

l   The 24th Conference on the Theories and Practices of Securities and Financial Markets(Kaohsiung, Taiwan, 12/2016)

l   2nd Indonesian Finance Association International Conference(Yogyakarta, Indonesia, 08/2016)

l   The 25th European Financial Management Association 2016 Annual Meetings(Basel, Switzerland, 06/2016)

l   The 28th Asian Finance Association 2016 Annual Meeting(Bangkok, Thailand, 06/2016)

l   2016 International Conference of Taiwan Finance Association (New Taipei City, Taiwan, 05/2016)

l   2016 Joint Meeting of the Cross-Strait Financial Education Alliance and the Central Taiwan Finance Association(Taichung, Taiwan, 05/2016)

l   Eastern Finance Association 2016 Annual Meetings( Baltimore, Maryland, USA, 04/2016)

l   The 23th Conference on the Theories and Practices of Securities and Financial Markets(Kaohsiung, Taiwan, 12/2015)

l   2015 Annual Meeting of the Asian Finance Association(Changsha, China, 06/2015)

l   2015 International Conference of Taiwan Finance Association (Taichung, Taiwan, 05/2015)

l   The 27th Australasian Finance and Banking Conference(Sydney, Australia, 12/2014)

l   The 22th Conference on the Theories and Practices of Securities and Financial Markets(Kaohsiung, Taiwan, 12/2014)

l   2014 Annual Meeting of the Financial Management Association International(Tennessee, USA, 10/2014)

l   The 22nd Annual Conference on Pacific Basin Finance, Economics, Accounting, and Management(Nagoya, Japan, 09/2014)

l   The 2014 Asian Finance Association Conference(Bali, Indonesia, 06/2014)

l   2014 International Conference of Taiwan Finance Association (Hsinchu, Taiwan, 05/2014)

l   2014 The Joint Annual Meeting of CTFA and FeAT (Taichung, Taiwan, 05/2014)

l   2013 Annual Meeting of the Financial Management Association International(Chicago, USA, 10/2013)

l   2013 International Conference of Taiwan Finance Association (Yunlin, Taiwan, 06/2013)

l   2012 KFA-TFA Joint Conference in Finance(Seoul, Korea, 09/2012)

l   Asian Finance Association and Taiwan Finance Association 2012 Joint International Conference(Taipei, Taiwan, 07/2012)

l   The 19th Conference on the Theories and Practices of Securities and Financial Markets(Kaohsiung, Taiwan, 12/2011)

l   20th European Financial Management Association Conference(Braga, Portugal, 06/2011)

l   2010 International Conference of Taiwan Finance Association(Puli, Taiwan, 05/2010)

l   Finance and Corporate Governance Conference(Melbourne, Australia, 04/2010)

l   Second International Conference on Asia-Pacific Financial Markets(Seoul, Korea, 12/2007).

3.            Session chair for

l   The 4th Indonesian Finance Association International Conference 2018

l   2017 Asset Pricing Conference of Taiwan Finance Association

l   The 23th Conference on the Theories and Practices of Securities and Financial Markets

l   2014 The Joint Annual Meeting of CTFA and FeAT

l   2013 The Annual Meeting of CTFA

4.            Committeeman for

l   Program committee of Program committee of Eastern Finance Association 2019 Annual Meeting

l   Program committee of 2013 The Annual Meeting of CTFA

 

Academic Speeches

1.            National Tsing Hua University, 04/26/2018

2.            National Taiwan University, 11/24/2017

3.            2017 Asset Pricing Conference of Taiwan Finance Association, 09/29/2017

4.            National Kaohsiung First University of Science and Technology, 09/26/2017

5.            National Dong Hwa University, 10/05/2016

6.            2016 Asset Pricing Conference of Taiwan Finance Association, 08/02/2016

7.            National Chung Cheng University, 11/27/2015

8.            National Changhua University of Education, 04/14/2015

9.            National Taiwan University, 11/14/2014

10.            National Central University, 10/28/2014

11.         Feng Chia University, 10/02/2014

12.         Ling Tung University, 05/08/2014 (NSC workshop)

13.         Tunghai University, 04/10/2014

14.         National Kaohsiung First University of Science and Technology, 02/26/2014

15.         Yuan Ze University, 01/09/2014 (NSC workshop)

16.         National Kaohsiung First University of Science and Technology, 12/10/2013 (NSC workshop)

17.         Center for Research in Econometric Theory and Applications, 11/29/2013

18.         National Chengchi University, 11/14/2013

19.         Ling Tung University, 05/16/2013

20.         National Chengchi University, 04/12/2013

21.         National United University, 04/10/2013

22.         Providence University, 12/13/2012

23.         National Chi Nan University, 06/07/2012

24.         National Taiwan University, 05/18/2012

25.         National Tsing Hua University, 11/24/2011

26.         National Dong Hwa University, 05/20/2011

27.         National Chi Nan University, 04/07/2011

28.         National Chengchi University, 04/16/2010