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국제컨퍼런스(CAFM) Best Paper Award List

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한국증권학회 창립 30주년 및 증권학회지의 SSCI 등재를 축하하기 위하여 2006년 12월 8-9일, 서울 소공동 소재 롯데 호텔에서 제1회 International Conference on Asia-Pacific Financial
Markets(CAFM)이 성황리에 개최되었습니다. 아래의 10편의 우수 논문들에 상패와 상금이 수여 되었습니다.

♣Best Paper Awards in the first International Conference on Asia-Pacific
Financial Markets


-Do Local Analysts Know More? A Cross-Country Study of the Performance of Local Analysts and Foreign Analysts
Kee-Hong Bae(Queenn’s University
Rene M. Stulz(Ohio State University)
Hongping Tan (Queens University)

-The Choice between Private and Public Capital Markets: The Importance of Disclosure Standards and Auditor Discipline to Countries Divesting State-
owned Enterprises

Omrane Guedhami(Memorial University of Newfoundland)
Jeffrey A. Pittman(Hong Kong University of Science and Technology)

-Corporate Bonds: A Spare Tire in Emerging Markets?
Todd A Gormley(Washington University), Simon Johnson(MIT)
Rhee(Seoul National University)

-Understanding the Rise and Decline of the Japanese Main Bank System:
The Changing Effects of Bank Rent Extraction

Xueping Wu(City University of Hong Kong)
Jun Yao(Hong Kong Polytechnic University)

-What Factors Drive Global Stock Returns?
Bong Chan Kho (Seoul National University)
G. Andrew Karolyi (Ohio State University)
Kewei Hou (Ohio State University)

-Do Controlling Shareholders’ Incentives to Expropriate Derive a Link
between Corporate Governance and Firm Value? Evidence from the Aftermath of Korean Financial Crisis

Kee-Hong Bae (Queens University)
Jae-Seung Baek (Hankuk University of Foreign Studies)
Jun-Koo Kang (Michigan State University)

-Are Investors More Aggressive in Transparent Markets?
Tai Ma(National Sun Yat-sen University)
Yaling Lin(National Sun Yat-sen University)
Hsiu-Kuei Chen(National Sun Yat-sen University)

-The Forward Puzzle: Long-memory Bias, Short-term Expectations
Fang Liu(Katholieke University Leuven)
Piet Sercu(Katholieke Univrsity Leuven)

-Does More Information in Stock Price Lead to Greater or Smaller
Idiosyncratic Return Volatility?

Dong Wook Lee(Korea University)
Mark H. Liu(University of Kentucky)

-Short sale Constraints, Heterogeneous Interpretations, and Asymmetric
Price Reactions to Earnings Surprises

Jianguo Xu(University of Hong Kong)
Liu Zheng(University of Hong Kong)

2006. 12. 14
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