Activities
since 2000:
Presentations, Seminars, and Panels:
Chao Chen and Zhong-Guo Zhou, "Stock Returns,
Volatility, and Trading Volume: Evidence from Chinese Stock Markets."
Greater China Economy Conference, St. Louis, March 2000.
Chao Chen and Sen Wang, "Mergers, Acquisitions, and Ownership
Restructuring in China." Greater China Economy Conference,
St. Louis, March 2000.
Chao Chen and Philippe Cornu, "Managerial Performance, Bid
Premiums, and the Characteristics of Takeover Targets." 7th
Asia Pacific Finance Association Annual Conference, Shanghai, July
2000.
Chao Chen, "Insider Trading, Runups in Prices and Volume, and
Merger Announcements." International Conference on Chinese
Enterprise Management, Shanghai, August 2000.
Chao Chen and Guochun Lin, "The Performance of Publicly Listed
Private-Owned Enterprises in China." Financial Management Association
Annual Conference, Seattle, October 2000.
Chao Chen and Zhong-Guo Zhou, "Portfolio Returns, Market Volatility,
and Seasonality." Financial Management Association Annual Conference,
Seattle, October 2000.
Chao Chen and Daniel McConaughy, "Dual-Class Stock Firms, Corporate
Control, and Long-Term Performance." Financial Management Association
Annual Conference, Seattle, October 2000.
David Cary, Chao Chen, and Daniel McConaughy, "Factors Affecting
the Illiquidity Discounts on Restricted Stocks." 40th Southern
Finance Association Annual Conference, Savannah, November 2000.
Chao Chen served as a speaker for the American Chinese Cultural
and Economic Society Seminar: "A Discussion on the Economic
and Trade Relations across the Taiwan Strait Post-Presidential Election."
March 2000.
Chao Chen served as a session chair and a panelist for the International
Conference on Chinese Enterprise Management, Shanghai, August 2000.
Chao Chen served as a session chair for the 7th Asia Pacific Finance
Association Annual Conference, Shanghai, July 2000.
Mingfang Li and Yim-Yu Wong, "Diversification and Economic
Performance: An Empirical Assessment of Chinese Firms." Asia
Academy of Management Annual Meeting, Singapore, December 2000.
Mingfang Li, "Technology, Competition and Global Management."
Fifth International Conference on Global Business and Economic Development,
Beijing, June 2000.
Mingfang Li, "Entrepreneurship in the Chinese Economy - A Strategy-based
Framework." Western Academy of Management Annual Meeting, Hawaii,
April 2000.
Mingfang Li and Roy Simerly, "Linking Environmental Dynamism
and Capital Structure to Firm Innovation: An Empirical Test."
Western Academy of Management Annual Meeting, 2001.
William Bradford and Chao Chen, "Creating Government Financing
Programs for SMEs in China: Theory and Practice." Second Annual
International Conference in China's Finance and Accounting, Beijing,
May 2001.
Chao Chen and Yulei Rao, "The Determinants of Capital Structure
of State-Owned Enterprises in China." International Conference
of Management, Xian, May 2001.
Chao Chen, "Insider Trading, Runups in Prices and Volume, and
Merger Announcements." Financial Management Association Annual
Conference, Toronto, October 2001.
Zhong-guo Zhou, "Stock Returns, Volatilities, and Cointegration
among Chinese Stock Markets." Financial Management Association Annual
Conference, Toronto, October 2001.
Chao Chen, Program Co-chair, 9th Global Finance Association Annual
Conference, Beijing, China, May 2002.
Chao Chen served as a chair for the panel "Mutual Fund Business
in China." 9th Global Finance Association Annual Conference, Beijing,
China, May 2002.
Chao Chen, "The Mutual Fund Business in China: Past and Future."
9th Global Finance Association Annual Conference, Beijing, China,
May 2002.
Chao Chen and Jevons C. Lee, "The Birth of Mutual Funds in China:
New Evidence of the Closed-end Fund Discounts." Financial Management
Association Annual Conference, San Antonio, October 2002.
Jian Yang, "Market Segmentation and Information Asymmetry in Chinese
Stock Markets." Financial Management Association Annual Conference,
San Antonio, October 2002.
Jian Yang and David Bessler, "The International Price Transmission
in Stock Index Futures Markets." Financial Management Association
Annual Conference, San Antonio, October 2002.
Mingfang Li organized a panel of 16 American scholars and industry
representatives in the area of technology and innovation management
to participate in the US-China bilateral workshop at the Third International
Symposium of Technology and Innovation Management (ISMOT) in Zhejiang
China in October 2002.
Chao Chen and Wenbin Chen, "Are Chinese IPOs Overvalued?" International
Conference on Empirical Accounting, Changchun, China December 2002.
Jian Yang, Insik Min, and Qi Li, "European Stock Market Integration:
Does EMU Matter?" Academy of International Business Annual Conference, Houston, March 2003.
Chao Chen, Edward Chow, and Hui Jun Lai, "Market Microstructure
and the Behavior
of Day Traders." 2004 Symposium on China Accounting and Finance
Research, Hong Kong,
June 2004.
Chao Chen and Zhong-Guo Zhou, "The Rise and Fall of the Government
Bond Futures Markets in China: 1993-1995." 2003 Financial Management
Association Annual Conference, Denver, October 2003
Chao Chen and Zhong-Guo Zhou, "The Rise and Fall of the Government
Bond Futures Markets in China: 1993-1995." 2004 International Conference
in Finance, Shanghai, July 2004.
Chao Chen and Zhong-Guo Zhou, "The Rise and Fall of the Government
Bond Futures Markets in China: 1993-1995." 2004 Asian Financial
Association/ Financial Management Association/Taiwan Finance Association
Annual Conference, Taipei, July 2004.
Mingfang Li served as the symposium chair for 2004 "Effective
Domestic Firm Strategies in Transitional China: Challenges and
Opportunities" Symposium at International Western Academy of
Management Conference, Shanghai, June 2004.
Mingfang Li served as a moderator for a panel "On the Model of Total
Innovation Model: Description, Applications and Extensions." 2004
Symposium at International Western Academy of Management Conference,
Shanghai, June 2004. Mingfang Li and Yim Yu Wong, "Management Education in the Greater
China Economy: Challenges and Tasks" The Impact of Globalization and
Regionalization on (overseas) Chinese Society and Education, Taipei,
March 2004.
Chao Chen served as a panelist for the panel "Financial Reforms in
China." Wharton's China Business Forum, Philadelphia,
March 2004.
Chao Chen presented a coauthored paper with Min-ming Wen, "Stock
Repurchase Puzzle" at Financial Management Association Annual
Conference, New Orleans, October 2004.
Chao Chen presented a coauthored paper with Rongjie Chen and Xiao
Chen, "Why Chinese Firms are so Hungry for External Capital?" at
International Conference on Finance and Accounting, Shantou,
June 2005. Maosen Zhong presented a coauthored paper
"Analyses of Equity Market Linkage in the Pacific Basin" at Asian
Finance Association annual meeting in July 2005 and received the
Conference Best Paper Award. Maosen Zhong presented a coauthored paper
"International Asset Pricing under Habit Formation and Idiosyncratic
Risks" at the China International Conference in Finance in July
2005, Kuming, China.
Jian Yang presented a coauthored paper
"Central Bank Talks and the Equity Market" at the
Financial Management Association Annual Conference, Chicago, October
2005.
Jian Yang presented a coauthored paper
"Information Transmission between Domestic and Offshore
Interest Rates" at the Financial Management Association Annual
Conference, Chicago, October 2005. Chao Chen presented a coauthored paper with Le Dong, and Min-ming Wen,
"Backdoor Equity Financing, Firm Characteristics, and Shareholders'
Wealth" at the Financial Management Association Annual Conference,
Chicago, October 2005. Chao Chen presented a coauthored paper with
Roger Chen and Xiao Chen, "Debt Financing, Money Encirclement, and
Ownership Structure of Chinese Listed Firms" at International
Conference on China Accounting Review, Shanghai, December 2005. Chao Chen
was invited to present "External Financing, Corporate Governance,
and Corporate Control: Inside China's Capital Markets" at China and
Global Consumer Conference, New York, March 2006.
Chao Chen presented a coauthored paper with Le Dong, and Min-ming Wen,
"Backdoor Equity Financing, Firm Characteristics, and Shareholders'
Wealth" at the Financial Management Association Annual Conference,
Chicago, October 2005. Chao Chen presented a coauthored paper with
Song Zhu, "Ownership Structure, Government Control, and Firm
Performance: Evidence from China" at Tsinghua-MIT International
Conference in Finance, XiAn, July 2006.
Chao Chen presented a coauthored paper with Ronjie Chen and Xiao
Chen, "Debt Financing, Money Encirclement, and
Ownership Structure of Chinese Listed Firms" at American
Accounting Association Annual Conference, Washington D.C., August
2006 and Financial Management Association Annual Conference,
Salt Lake City, October 2006. Chao Chen
organized a special panel, "China's Financial Reforms and
Empirical Research Issues" at Financial Management Association
Annual Conference, Salt Lake City, October 2006.
Chao Chen presented a coauthored paper with Zheng Zhang, and Li Liu,
"High Moment Strategy versus Traditional Moment Strategy: Evidence
from China", at the National Taiwan University International
Conference on Finance, Taipei, December 2006. Chao Chen
presented a coauthored paper with William Bradford and Song Zhu, "Cash
Dividend Policy, Control Chain, and Ownership Structure: Evidence
from China" at Sun Yat Sen University's Securities and Financial
Markets International Conference, Kaohsong, December 2006. 2006.