Department of Economics and Finance hosts International Finance Conference

The Department of Economics and Finance organised the 2016 CityU of Hong Kong International Finance Conference on Corporate Finance and Financial Markets from 7th to 8th June. Over 30 local and overseas research professionals from leading institutions gathered at the conference and shared knowledge together.

Prof Yue Ma, Head and Chair Professor of the Department of Economic and Finance, gave welcoming remarks and opened the event. 14 research papers were presented during the conference. The presentation topics and respective speakers included:

• Good or Bad CEOs
  Dr Dirk Jenter, London School of Economics, UK

• How Can Independent Directors Destroy Value?
  Dr Wei‐ming Lee, City University of Hong Kong

• Does Corporate Investment Respond to Time‐Varying Risk? Empirical Evidence
  Dr Yongjin Kim, City University of Hong Kong

• Sovereign CDS Spreads with Credit Rating
  Dr Tao Li, City University of Hong Kong

• Dissecting Conglomerates
  Prof Ran Duchin, University of Washington, USA

• Targets’ Financial Advantage and Merger Synergy: Evidence from a Natural Experiment
  Dr Jay Yin Li, City University of Hong Kong

• Leveraged Buyouts and Credit Spreads
  Dr Peter Feldhutter, London Business School, UK

• The Elephant in the Room: The Impact of Labor Obligations on Credit Risk
  Dr Xiaoji Lin, Ohio State University, USA

• Creditor Control Rights and Board Independence
  Prof Daniel Ferreira, London School of Economics

• Capital Structure Decisions along the Supply Chain: Evidence from Import Competition
  Dr Ryoonhee Kim, City University of Hong Kong

• Intermediary Asset Pricing: New Evidence from Many Asset Classes
  Prof Zhiguo He, University of Chicago, USA

• Learning under Ambiguity, Portfolio Choice, and Asset Returns
  Dr Hongseok Choi, City University of Hong Kong

• Shareholders as Creditors of First Resort
  Dr Andriy Bodnaruk, University of Notre Dame, USA

• Cash Signing Bonus, Managerial Ability, and Corporate Performance
  Dr Margaret Rui Zhu, City University of Hong Kong

To learn more about the conference, please visit website.
For more information about the Department of Economics and Finance, please click here.