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2023-05-18 2023/05/25 (四) 邀請周振豊董事長演講
2023/05/25 (四) 邀請周振豊董事長演講
主題 : 綠色金融科技-金融數位轉型的趨勢與商機
(Green Financial Technology: Trends and Business Opportunities of Financial Digital Transformation)時間 : 2023/05/25 12:10-13:30
地點 : 商學院313演講廳
刊登時間:2023-05-25 21:46:33
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2023-05-10 2023/05/17 (三) 邀請朱師又分析師演講
2023/05/17 (三) 邀請朱師又分析師演講
主題 : 國際碳中和產業趨勢與數位轉型永續發展
(International Carbon Neutral Industry Trends and Digital Transformation for Sustainable Development)時間 : 2023/05/17 12:10-13:00
會議連結 : https://meet.google.com/paj-zhhj-mya
刊登時間:2023-05-25 21:52:41
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2023-05-10 2023/05/17 (三) 邀請朱師又分析師演講
2023/05/17 (三) 邀請朱師又分析師演講
主題 : Agile Principles Patterns and Practices using AI and ChatGPT
時間 : 2023/05/17 9:10-12:00
會議連結 : https://meet.google.com/ish-gzmy-pmo
刊登時間:2023-05-25 21:52:49
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2022-12-20 2022/12/22 (四) 邀請陽明交通大學林智勇教授演講
2022/12/22 (四) 邀請陽明交通大學林智勇教授演講
Presentation date: 15:10-17:00, December 22nd, 2022
Presentation room: 7F02
Speaker: Chih-Yung Lin
Professor of Finance
Department of Information Management and Finance
National Yang Ming Chiao Tung University
Title: Overconfident Customers and Supplier Firm Value
Abstract:
This paper examines whether the overconfidence of a downstream customer firm’s CEO affects the value of its upstream supplier firms. We find that CEO overconfidence positively influences investor opinion regarding upstream supplier firm value. Further examination of potential mechanisms shows that higher valuation is more prominent when overconfident customer firms invest more and be innovative. The value-enhancing effect is easier to spill over to investors when the supplier has a more transparent information environment. We show that the positive relation is causal and robust using exogenous variations from death, illness, and retirement of the CEO and from a crisis shock. Overall, our findings suggest that serving overconfident customers benefits shareholders by improving investor recognition and gaining a positive spillover effect from customer firms’ aggressive search for growth opportunities.
JEL: G32, G34, G41, M14, Q51
Key words: CEO overconfidence; supply chains; firm value; investor recognition effect; R&D intensity.
刊登時間:2022-12-20 16:12:14
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2022-12-08 2022/12/22 (四) 邀請香港大學林則君教授演講
2022/12/22 (四) 邀請香港大學林則君教授演講
Presentation date: 13:10-15:00, December 22nd, 2022
Presentation room: 7F02
Speaker: Tse-Chun Lin
https://www.hkubs.hku.hk/people/tse-chun-lin/
Professor of Finance/Area Head of Finance,
HKU Business School,
University of Hong Kong
Title: In Victory or Defeat: Consumption Responses to Wealth Shocks
Abstract:
Using a novel representative sample of digital payment data, we observe a robust U-shaped relationship between individual investors’ monthly entertainment-related consumption and stock market returns in the previous month. Contrary to the prediction of the wealth effect, individuals increase their entertainment-related consumption after experiencing large positive and negative stock market shocks. We show that the latter effect, termed “financial retail therapy,” is consistent with a dynamic model of Prospect Theory, and provide further evidence for it in a controlled laboratory experiment. Finally, we show that our results are not driven by income effects or wealth shock measurement errors.
刊登時間:2022-12-08 21:58:37
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2022-12-08 2022/12/21 (三) 邀請台灣大學洪志清教授演講
2022/12/21 (三) 邀請台灣大學洪志清教授演講
Presentation date: 13:10-15:00, December 21st, 2022
Presentation room: 4F03 (Fintech and Green Finance Center)
Speaker: Tim C.C. Hung
https://sites.google.com/view/timcchung
Assistant Professor of Finance
Department of Finance
National Taiwan University
Title: Market Returns and a Tale of Two Types of Attention
Abstract:
Daily aggregate retail attention to stocks (ARA) negatively predicts the one-week-ahead market returns, whereas aggregate institutional attention (AIA) positively predicts market returns around scheduled major news announcements. Results hold out of sample with meaningful expected utility gains, and the effect of ARA is causal. Cross-sectionally, ARA's predictability is stronger for illiquid stocks, while AIA's predictability is higher for high-beta stocks. The findings suggest that attention-driven retail buying generates marketwide price pressure that quickly reverses, whereas institutional attention precedes systematic resolution of uncertainty and the accrual of risk premiums.
刊登時間:2022-12-08 21:58:45
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2022-12-08 2022/12/15 (四) 邀請元大期貨陳昱宏協理演講
2022/12/15 (四) 邀請元大期貨陳昱宏協理演講
Presentation date: 14:00-16:00, December 15th, 2022
Presentation room: 商學大樓7F02
Speaker: 元大期貨資深協理陳昱宏
Title: 商學(數理統)於期貨自營的運用介紹
Abstract:
- 交易策略的演進
- 價差策略(跨市場、跨月)
- 造市策略
- 套利策略(PCP、大小台、ETF)
- 趨勢策略(選擇權波動率)
- 量化模型策略開發
- 交易策略系統開發
- 其他研究(機器學習案例)
刊登時間:2022-12-08 21:58:55
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2022-12-08 2022/12/14 (三) 邀請曼徹斯特大學鄒季洋教授演講
2022/12/14 (三) 邀請曼徹斯特大學鄒季洋教授演講
Presentation date: 13:10-15:00, December 14th, 2022
Presentation room: 4F03 (Fintech and Green Finance Center)
Speaker: Chi-Yang Tsou
https://sites.google.com/view/chiyangtsou/home
Assistant professor
Division of Accounting and Finance
Alliance Manchester Business School
University of Manchester
Title:
Pollution Abatement Investment under Financial Frictions and Policy Uncertainty
Abstract:
This paper examines how firms' investments in pollution abatement are influenced by financial frictions and policy uncertainty. Our data analyses suggest that financially constrained firms are less likely to invest in pollution abatement and are more likely to release toxic pollutants. Such a pattern is intensified by policy uncertainty measured by close gubernatorial elections. We then develop a heterogeneous firm model in which financially constrained firms to face increased shadow costs of finance from pollution abatement. This relation is further amplified by policy uncertainty for environmental regulation, which further reduces firms' incentives with respect to pollution prevention. Our empirical evidence and model suggest that the effectiveness of environmental policies is subject to corporate financial frictions and policy uncertainty.
刊登時間:2022-12-08 21:59:03
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2022-03-21 2022/5/18 (三) 邀請台灣大學廖世偉副教授進行專題演講
2022/5/18 (三) 邀請台灣大學廖世偉副教授進行專題演講
本中心與台北大學商學院EMI辦公室擬於 5/18 (三) 聯合邀請台灣大學的廖世偉副教授進行專題演講,相關訊息如下:
時間: 2022/5/18 (三) 中午12:10-13:00
地點:國立臺北大學商學院三樓313演講廳
講者:廖世偉 副教授 (國立臺灣大學資訊工程學系)
講題:Web 3: From DeFi to WoFi
刊登時間:2022-12-08 21:59:18
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2022-03-17 2022/3/23 (三) 邀請香港大學林則君教授演講
2022/3/23 (三) 邀請香港大學林則君教授演講
本中心與企管系擬於 3/23 (三) 聯合邀請香港大學的林則君教授至本所進行專題演講,相關訊息如下:
時間:3/23 (三) 11:00-12:00
地點:商學院三樓313演講廳
講者:Tse-Chun Lin (Area Head of Finance, Professor)
講題:The Unintended Externalities of an Environmental Regulation: Evidence from the NOx Budget Trading Program
刊登時間:2022-12-08 21:59:41
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2022-03-14 2022/3/16 (三) 邀請香港大學林則君教授演講
2022/3/16 (三) 邀請香港大學林則君教授演講
本中心擬於 3/16 (三) 邀請香港大學的林則君教授至本所進行專題演講,相關訊息如下:
時間:3/16 (三) 12:10-13:30
地點:商學院四樓403中心會議室
講者:Tse-Chun Lin (Area Head of Finance, Professor)
講題:Is Charity Immune to the Covid-19 Pandemic? Large-scale Evidence from Online Charitable Loans
刊登時間:2022-12-08 21:59:30