2017
2017
Call for Paper
The Twelfth Conference on Asia-Pacific Financial Markets (CAFM)
Seoul, Korea, December 8~9, 2017
The Korean Securities Association (KSA) is pleased to announce its Twelfth Annual Conference on Asia-Pacific Financial Markets (CAFM) to be held at the Westin Chosun Hotel in Seoul, Korea, from December 8 to December 9, 2017. We welcome interested scholars, practitioners, and policy-makers to submit research papers in all areas of finance for presentation at the conference.
KEYNOTE SPEAKER
The keynote speaker for the Twelfth CAFM will be Professor Jarrad Harford at Michael G. Foster School of Business of the University of Washington. Professor Harford is an internationally-known scholar in the area of corporate finance, corporate governance, mergers and acquisitions, private equity, and currently serves as a managing editor of the Journal of Financial and Quantitative Analysis, and an associate editor of the Journal of Financial Economics. He has published extensively in the Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and the Review of Financial Studies. He joined Michael G. Foster School of Business in 2001. He received his PhD degree in finance at Simon Business School of the University of Rochester.
PAPER SUBMISSION
Papers written in English must be submitted via http://www.conftool.net/cafm2017, using MS Word or Adobe pdf file format from April 15, 2017. The deadline for paper submission is August 31, 2017. The submitted papers will be reviewed for selection by the review committee in a double-blind referee process. The results will be notified to the author via email by September 30, 2017. If you have any question with the paper submission, please let us know via email at 2017cafm@gmail.com.
All papers must be accompanied by an abstract of a maximum of 200 words. The cover page of the paper should contain the paper’s title, the author’s name, affiliation, address, phone number, and email address. The second page should contain the paper’s title and abstract only. The programs for the previous CAFM conferences can be accessed at the website, http://www.apjfs.org/conference/2017/call.asp.
BEST PAPER AWARDS
If your paper is accepted for presentation at the conference, your paper is eligible to compete for a Best Paper Award of US$2,000 (or KRW 2,000,000). Eight (8) best papers will be awarded at the Gala dinner to each presenting author. The awarded papers will be also invited for publication in the Asia-Pacific Journal of Financial Studies (AJFS), which is a SSCI-listed journal.
DOCTORAL STUDENT CONSORTIUM AND BEST DISSERTATION AWARD
Doctoral students are also welcome to present their dissertations in a session at the doctoral student consortium of the conference, which will be led by leading scholars in Asia as faculty panelists including Vidhan Goyal (HKUST), Allaudeen Hameed (NUS), and Jun-Koo Kang (NTU). The Best Dissertation Award of US$ 1,000 (or KRW 1,000,000) will be given to the best thesis.
DUAL SUBMISSION OPTION WITH AJFS
The Twelfth CAFM will feature a dual submission option with AJFS. If you choose the option at the time of paper submission, your paper accepted for the conference can be additionally considered for publication by the editors of AJFS with the journal submission fee waived.
REGISTRATION
Registrations made prior to November 10 will be charged with an early bird fee of US$ 150, while those made post November 10, including on-sight registration, will be subject to regular fee of US$ 300.
ABOUT SEOUL
Seoul is the capital and largest metropolis in South Korea, and has been the capital for more than 600 years. With a municipal population over 11.8 million, Seoul is one of the largest financial and cultural centers in East Asia. Situated on the Han River, Seoul is considered a leading and rising global city, filled with a fascinating blend of ancient traditions and cutting-edge digital technology, home to endless street food vendors, and serene Buddhist temples. As the birthplace of K-pop and Korean Wave, Seoul receives over 10 million international visitors every year, making it one of the world’s most visited cities.
PROGRAM COMMITTEE CHAIR
Kook-Hyun Chang, Konkuk University
CONFERENCE CONTACT
For additional information, please contact us via email at 2017cafm@gmail.com.
Program of Conference
Friday, December 8, 2017
| 13:00 - 14:00 | Registration (2F) | |
| 14:00 - 15:30 | Academic Session 1, 2, Tutorial 1 (2F) | |
| 15:50 - 17:20 | Academic Session 3, 4, Doctoral Student Consortium 1, 2 (2F) | |
| 17:30 - 19:00 | Welcome Reception (2F, Orchid Room) | |
| Welcome Address : | Dr. Bong-Chan Kho President, Korean Securities Association |
|
Saturday, December 9, 2017
| 08:30 - 09:30 | Registration / Continental breakfast (2F) | |
| 09:30 - 11:30 | Academic Session 5, 6, 7, 8 (2F) | |
| 11:30 - 13:45 | Luncheon (2F, Orchid Room) | |
| Welcome Address : | Dr. Bong-Chan Kho President, Korean Securities Association |
|
| Keynote Speech : | Dr. Jarrad Harford University of Washington |
|
| 14:00 - 15:30 | Academic Session 9, 10, Tutorial 2 (2F) | |
| 15:45 - 17:45 | Academic Session 11, 12, 13, 14 (2F) | |
| 18:00 - 21:00 | Farewell Dinner (2F, Orchid Room) | |
| Keynote Speech: | Mr. Jee-Won Jung Chairman and CEO, Korea Exchange |
|
| Keynote Speech: | Mr. Young-Key Hwang Chairman and CEO, Korea Financial Investment Association |
|
| Best Paper Award: | Dr. Kook-Hyun Chang Program Chair |
|
At-a-glance Program Schedule
Friday, December 8, 2017
| Time / Room 2F | Lilac | Tulip | Cosmos | Violet |
|---|---|---|---|---|
| 13:00~14:00 | Registration(2F, The Westin Chosun Hotel) | |||
| 14:00~15:30 | Session 1Portfolio Management | Session 2Capital Structure and CSR | Tutorial 1Writing for Publishing in Corporate Finance (Led by Vidhan Goyal) |
|
| 15:30~15:50 | Coffee Break | |||
| 16:00~17:30 | Session 3Business Group and Governance | Session 4Institutional Ownership and Governance | Doctoral Student Consortium 1 Corporate Finance (Led by Jun-Koo Kang) |
Doctoral Student Consortium 2 Asset Pricing (Led by Allaudeen Hameed) |
| 17:30~19:00 | Welcome Reception(2F, Orchid Room) | |||
Saturday, December 9, 2017
| Time / Room 2F | Lilac | Tulip | Cosmos3 | Violet |
|---|---|---|---|---|
| 08:30~09:30 | Registration / Continental breakfast(2F, The Westin Chosun Hotel) | |||
| 09:30~11:30 | Session 5 Corporate Financing | Session 6 Stock Market and Pricing | Session 7 International Finance and Credit Risk | Session 8 Stakeholder Economics and Finance |
| 11:30~13:45 | Luncheon & Keynote Speech(by Jarrad Harford) (2F, Orchid Room) | |||
| 13:45~14:00 | Coffee Break | |||
| 14:00~15:30 | Session 9 Alternative Investment and Return Smoothing | Session 10 Investment Strategy | Tutorial 2 Nascent Trends in Derivatives Markets Research (Led by Robert Webb) |
|
| 15:45~17:45 | Session 11 Fund Management and Global Integration | Session 12 Corporate Managers | Session 13 Equity Valuation | Session 14 Macro and Government Factors |
| 18:00~21:00 | Award Ceremony & Farewell Dinner(2F, Orchid Room) | |||
Program Details
Friday, December 8, 2017 / 14:00~15:30
Session 1: Portfolio Management
- Chair: Allaudeen Hameed (National Univ. of Singapore)
- Room: Lilac
| Title | Author | Discussant |
|---|---|---|
| Killing Two Birds with One Stone: Joint Timing of Market Returns and Capital Gains Taxes | Yaoting Lei (Nanchang Univ.) Ya Li (Hang Seng Management College) Jing Xu (Renmin Univ. of China)* |
Chulwoo Han (Durham Univ.) |
| Rational Turnover Aversion: How Much Should a Portfolio Be Shrunk? | Chulwoo Han (Durham Univ.)* | Hyoung-Goo Kang (Hanyang Univ.) |
| Mutual Funds and Mispriced Stocks | Doron Abramov (Hebrew Univ. of Jerusalem) Si Cheng (Chinese Univ. of Hong Kong) Allaudeen Hameed (National Univ. of Singapore)* |
Hyungsuk Choi (Ewha Womans Univ.) |
Session 2: Capital Structure and CSR
- Chair: Jong-Bom Chay (Sungkyunkwan Univ.)
- Room: Tulip
| Title | Author | Discussant |
|---|---|---|
| Does the Collapse of Internal Capital Market Change Firms’ Financial Structure? | Kazuo Yamada (Nagasaki Univ.)* Izidin El Kala (Kent Univ.) |
Sung Wook Joh (Seoul National Univ.) |
| Does Corporate Social Responsibility Reduce the Costs of High Leverage? Evidence from Capital Structure and Product Markets Interactions | Kee-Hong Bae (York Univ.)* Sakok El Ghoul (Univ.of Alberta) Omrane Guedhami (Univ.of South Calrolina) Chuck C.Y. Kwok (Univ.of South Calrolina) Ying Zheng (Bryant Univ.) |
Youngsuk Yook (U.S. Fed-Board) |
| Corporate Policy when Equity and Bond Holders Price Risk Differently | Hae Won (Henny) Jung (The Univ. of Melbourne) Robert Manolache (The Univ. of Melbourne) Qi Zeng (The Univ. of Melbourne)* |
Kyoungwon Seo (Seoul National Univ.) |
Tutorial 1 : Writing for Publishing in Corporate Finance
- Room: Cosmos
Led by Vidhan Goyal (HKUST)
Friday, December 8, 2017 / 15:50-17:20
Session 3: Business Group and Governance
- Chair: S. Ghon Rhee (Univ. of Hawaii)
- Room: Lilac
| Title | Author | Discussant |
|---|---|---|
| Trade Credit, Group Affiliation, and Credit Contraction: Evidence from the 1997 Korean Financial Crisis |
Junghwan Hyun* (Kwangwoon Univ.) |
Kazuo Yamada (Nagasaki Univ.) |
| Ultimate Ownership, Crash Risk, and the Split-Share Structure in China | Quanxi Liang (Guanxi Univ.) Donghui Li (Jinan Univ.)* Wenlian Gao (Dominican Univ.) |
Lingxia Sun (Nankai Univ.) |
| What Constitutes Too-Big-To-Jail? :Evidence From South Korea | Hansoo Choi* (Korea Institute of Public Finance) Hyoung-Goo Kang (Hanyang Univ.) Changmin Lee (Hanyang Univ.) |
Joonghyuk Kim (Korea Univ.) |
Session 4: Institutional Ownership and Governance
- Chair: Chang-Soo Kim (Yonsei Univ.)
- Room: Tulip
| Title | Author | Discussant |
|---|---|---|
| Geographic Clustering of Institutional Investors | Donghyun Kim* (Univ. of Wisconsin Milwaukee) Qinghai Wang (Univ. of Central Florida) Xiaoqiong Wang (Indiana Univ. Kokomo) |
Sungju Chun (Gachon Univ.) |
| Institutional Investors and Employee Wages | Zhufeng Xu (Tsinghua Univ.) Yao Lu (Tsinghua Univ.) Shanghan Gao (Tsinghua Univ.) Zhang Peng (Tsinghua Univ.)* |
Kee-Hong Bae (York Univ.) |
| Institutional Ownership and Short-Termist Pressures | Kit Pong Wong (Univ. of Hong Kong) Long Yi (Hong Kong Baptist Univ.)* |
Hyun Seung Na (Korea Univ.) |
Doctoral Student Consortium 1 : Corporate Finance
- Chair: Jun-Koo Kang (Nanyang Technological Univ.)
- Room: Cosmos
| Title | Author |
|---|---|
| Transfer of Control and Ownership Structure in Family Firms | Hojong Shin* (Michigan State Univ.) |
| The Impact of Corporate Social Responsibility on CEO Relative Leverage | Kyumin Cho (KAIST)* Hyeong Joon Kim (KAIST) Seung Hun Han (KAIST) |
| The Effect of Investor Horizons on Corporate Investment Horizons | Hwanki Brian Kim* (Univ. of Illinois at Urbana-Champaign) |
| Political Corruption and Corporate Cash Holdings | Dongwook Seo (KAIST)* Seung Hun Han (KAIST) |
Doctoral Student Consortium 2: Asset Pricing
- Chair: Allaudeen Hameed (National Univ. of Singapore)
- Room: Violet
| Title | Author |
|---|---|
| Centralized versus Over-the-Counter Markets: Trader and Asset Characteristics | Ji Hee Yoon* (Univ. of Wisconsin - Madison) |
| Bank Competition and Bank Liquidity Creation | Seungho Choi* (Univ. of New South Wales) |
| Credit Access and Household Well-being: Evidence from Payday Lending | Jaeyoon Lee* (Univ. of Chicago) |
Saturday, December 9, 2017 / 9:30~11:30
Session 5: Corporate Financing
- Chair: Beom Sik Jang (Soongsil Univ.)
- Room: Lilac
| Title | Author | Discussant |
|---|---|---|
| The Choice of SEO Method and Information Asymmetry: Rights vs. Public Offers | Kyojik Song (Sungkyunkwan Univ.) Ju Hyun Kim (Sungkyunkwan Univ.)* |
Joon Ho Hwang (Korea Univ.) |
| Mandatory Price Support of the Underwriter: Evidence from the Putback Option | Joon Ho Hwang (Korea Univ.)* Joohwan Kim (KB Financial Group) Jinwoo Park (Hankuk Univ. of Foreign Studies |
Hyeong Joon Kim (KAIST) |
| Convertible Bond Issue Announcement Effect: Investment Opportunities and Market Reaction Perspective | Hyeong Joon Kim (KAIST)* Seung Hun Han (KAIST) |
Ju Hyun Kim (Sungkyunkwan Univ.) |
| Geographic Concentration of Venture Capital Investors, Corporate Monitoring, and Firm Performance | Jun-Koo Kang (Nanyang Technological Univ.) Yingxiang Li (Peking Univ. HSBC Business School) Seungjoon Oh (Peking Univ. HSBC Business School)* |
Jungwon Suh (Sungkyunkwan Univ.) |
Session 6: Stock Market and Pricing
- Chair: Myung-Jig Kim (Hanyang Univ.)
- Room: Tulip
| Title | Author | Discussant |
|---|---|---|
| Short-Term Trading Skills of Individuals, Institutions, and Foreigners: A New Approach Based on Relative Performance | Jong-Bom Chay (Sungkyunkwan Univ.)* Wonse Kim (Seoul National Univ.) |
Sungwon Seo (Ajou Univ.) |
| Large Sample Estimators of the Stochastic Discount Factor | Soohun Kim (Georgia Institute of Technology)* Robert Korajczyk (Northwestern Univ.) |
Clark Liu (Tsinghua Univ.) |
| How Do Rating Agencies’ Decisions Impact Stock Markets? A Meta-Analysis | Jérôme Hubler (Univ. of Lorraine)* Patrice Laroche (Univ. of Lorraine) Christine Louargant (Univ. of Lorraine.) Jean-Noël Ory (Univ. of Lorraine) |
Soohun Kim (Georgia Institute of Technology) |
| Demand Shock, Speculative Beta, and Asset Prices: Evidence from the Shanghai-Hong Kong Stock Connect Program | Clark Liu (Tsinghua Univ.)* Shujing Wang (Shanghai Lixin Univ. of Accounting and Finance) K.C. John Wei (The Hong Kong Polytechnic Univ.) |
Jérôme Hubler (Univ. of Lorraine) |
Session 7: International Finance and Credit Risk
- Chair: Kwangwoo Park (KAIST)
- Room: Cosmos
| Title | Author | Discussant |
|---|---|---|
| Dollar-Weighted Return on Aggregate Corporate Sector: How is it Distributed Across Countries? | Lingxia Sun (Nankai Univ.) Dong Wook Lee (Korea Univ.)* |
Ji Yeol Jimmy Oh (Hanyang Univ.) |
| Inflation Risk Premium and Foreign Exchange Rate | Daehwan Kim (Konkuk Univ.)* Fabio Moneta (Queen's Univ.) |
Yong Joo Kang (Yonsei Univ.) |
| Corporate Payout Policy and Credit Risk: Evidence from CDS Markets | Mingyi Hung (HKUST) Chengzhu Sun (HKUST) Shujing Wang (Shanghai Lixin Univ. of Accounting and Finance)* Chu Zhang (HKUST) |
Hyeongsop Shim (UNIST) |
| Do Credit Rating Agencies Value Corporate Social Responsibility? : Role of Societal Trust and Consistent Corporate Policy | Kiyoung Chang (Univ. of South Florida Sarasota-Manatee) Ying Li (Univ. of Washington Bothell) Hyeongsop Shim (UNIST)* |
Heungju Park (Sungkyunkwan Univ.) |
Session 8: Stakeholder Economics and Finance
- Chair: Kee-Hong Bae (York Univ.)
- Room: Violet
| Title | Author | Discussant |
|---|---|---|
| Shocks to Product Networks and Post-Earnings Announcement Drift | Bok Baik (Seoul National Univ.)* Gerard Hoberg (Univ. of Southern California) Jungbae Kim (New York Univ.) Peter SH. Oh (McGill Univ.) |
Young Han (Andy) Kim (Sungkyunkwan Univ.) |
| Capital Structure Decisions along the Supply Chain: Evidence from Import Competition | Ryoonhee Kim* (City Univ. of Hong Kong) Qianqian Huang (City Univ. of Hong Kong) |
James L. Park (Korea Univ.) |
| Do Short Sellers Exploit Information in Customer-Supplier Links? | Rui Dai (WRDS) Lilian Ng (York Univ.)* Nataliya S. Zaiats (Suffolk Univ.) |
Daejin Kim (UNIST) |
| Tracking Analysts along Technological Links | Hongping Tan (McGill Univ.)* | Kyounghun Bae (Hanyang Univ.) |
Saturday, December 9, 2017 / 14:00~15:30
Session 9: Alternative Investment and Return Smoothing
- Chair: Vidhan Goyal (HKUST)
- Room: Lilac
| Title | Author | Discussant |
|---|---|---|
| Does Your Hedge Fund Manager Smooth Returns Intentionally or Inadvertently? | Tae Yoon Kim (Keimyung Univ.) Hee Soo Lee (Sejong Univ.)* |
Cheol-Won Yang (Dankook Univ.) |
| Media on Short-Term House Price Dynamics | Yeon Sik Eric Cho (KIS Pricing)* | Daehwan Kim (Konkuk Univ.) |
| CO₂ Emissions and the Pricing of Climate Risk | Jongmoo Jay Choi (Temple Univ.) Hoje Jo (Santa Clara Univ.) Hyehyun Park (SWUFE)* |
Eric Cho (KIS Pricing) |
Session 10: Investment Strategy
- Chair: Jinwoo Park (Hankuk Univ. of Foreign Studies)
- Room: Tulip
| Title | Author | Discussant |
|---|---|---|
| Nonparametric Momentum Strategies | Tsung-Yu Chen (National Central Univ.) Pin-Huang Chou (National Central Univ.) Kuan-Cheng Ko (National Chi Nan Univ.) S. Ghon Rhee (Univ. of Hawaii)* |
Kun Ho Kim (Hanyang Univ.) |
| Loss Aversion around the World: Empirical Evidence from Pension Funds | Yuxin Xie (Southwestern Univ. of Finance and Economics) Soosung Hwang (Sungkyunkwan Univ.)* Athanasios A. Pantelous (Univ. of Liverpool) |
Jun Kyung Auh (Yonsei Univ.) |
| Filtered Momentum Strategy | Sangwon Suh (Chung-Ang Univ.)* | Hee Soo Lee (Sejong Univ.) |
Tutorial 2 : Nascent Trends in Derivatives Markets Research
- Room: Cosmos
Led by Robert Webb (Univ.of Virginia)
Saturday, December 9, 2017 / 15:45–17:45
Session 11: Fund Flow, Fund Management, and Global Integration
- Chair: Lilian Ng (York Univ.)
- Room: Lilac
| Title | Author | Discussant |
|---|---|---|
| Fund Flow Diversification: Implications for Fee-Setting and Performance | Lorenzo Casavecchia (Macquarie Univ.)* Byoung Uk Kang (The Hong Kong Polytechnic Univ.) Ashish Tiwari (Univ. of Iowa) |
Jaewon Choi (Univ. of Illinois at Urbana-Champaign) |
| Mutual Fund Flows and Fluctuations in Credit and Business Cycles | Azi Ben-Rephael (Indiana Univ.) Jaewon Choi (Univ. of Illinois at Urbana-Champaign)* Itay Goldstein (Univ. of Pennsylvania |
Da-Hea Kim (Sungkyunkwan Univ.) |
| Leading the Way? External Lead Managers and Institutional Equity Fund Performance in Korea | Hyoung-Goo Kang (Hanyang Univ.) Minyeon Han (Hanyang Univ.) Sang-Gyung Jun (Hanyang Univ.) Ji Yeol Jimmy Oh (Hanyang Univ.)* |
In Jung Song (Hankuk Univ. of Foreign Studies) |
| Integrated Markets: Economic or Financial Integration? | Amir Akbari (Univ. of Ontario Institute of Technology) Lilian Ng (York Univ.)* Bruno Solnik (HKUST) |
Jun Sik Kim (Incheon National Univ.) |
Session 12: Corporate Managers
- Chair: Jun-Koo Kang (Nanyang Technological Univ.)
- Room: Tulip
| Title | Author | Discussant |
|---|---|---|
| Generalists versus Specialists: The Board’s Revealed Perception of CEO General Skill and CEO Pay | Zhongyuan Liu* (Univ. of New South Wales) Lixiong Guo (Univ. of Alabama) |
Junyoup Lee (UNIST) |
| The Real Costs of CEO Compensation - The Effect Of Behindness Aversion of Employees | Ingolf Dittmann (Erasmus Univ. Rotterdam) Christoph Schneider (Tilburg Univ.) Yuhao Zhu (Erasmus Univ. Rotterdam)* |
Ryoonhee Kim (City Univ. of Hong Kong) |
| The Holy Grail of Teamwork: Management Team Synergies and Firm Innovation | Ning Jia (Tsinghua Univ.)* Xuan Tian (Tsinghua Univ.) Weining Zhang (Cheung Kong Graduate School of Business) |
Syung Jin Han (Hongik Univ.) |
| Economic Uncertainty, Overconfident Managers, and Firm Value | Jingoo Kang (Nanyang Technological Univ.) Jun-Koo Kang (Nanyang Technological Univ.) Minwook Kang (Nanyang Technological Univ.) Jungmin Kim (The Hong Kong Polytechnic Univ.)* |
Ning Jia (Tsinghua Univ.) |
Session 13: Equity Valuation
- Chair: Hongping Tan (McGill Univ.)
- Room: Cosmos
| Title | Author | Discussant |
|---|---|---|
| Real Options and The Term Structure of Equity | Wah Yip Chu* (BI Norwegian Business School) |
Pan-Do Sohn (Donga Univ.) |
| Disagreement and the Cross-Section of Expected Returns | Namhee Matheson* (BI Norwegian Business School) |
Paul Moonsub Choi (Ewha Womans Univ.) |
| Dispersion of Beliefs, Ambiguity, and the Cross-Section of Stock Returns | Deok-Hyeon Lee (Korea Development Bank)* Byoung-Kyu Min (Univ. of Sydney) Tong Suk Kim (KAIST) |
Bong-Gyu Jang (POSTECH) |
| The World Price of Tail Risk | Kuan-Hui Lee (Seoul National Univ.) Cheol-Won Yang (Dankook Univ.)* |
Jinsoo Lee (KDI School) |
Session 14: Macro and Government Factors
- Chair: Joon Ahn (Sungkyunkwan Univ.)
- Room: Violet
| Title | Author | Discussant |
|---|---|---|
| Economic Policy Uncertainty and Peer Effects in Corporate Investment Policy: Evidence from China | Hyun Joong Im (Peking Univ.)* Ya Kang (National Univ. of Singapore) Young Joon Park (Peking Univ.) |
Yi Huang (IHEID) |
| Rise of Bank Competition: Evidence from Banking Deregulation in China | Haoyu Gao (Central Univ. of Finance and Economics) Hong Ru (Nanyang Technological Univ.)* Robert M. Townsend (Massachusetts Institute of Technology) Xiaoguang Yang (Chinese Academy of Sciences) |
Kee-Youn Kang (Yonsei Univ.) |
| Firm Response to Competitive Shocks: Evidence from China’s Minimum Wage Policy | Harald Hau (Univ. of Geneva) Yi Huang (IHEID)* Gewei Wang (IHEID) |
Yongjun Kim (Univ. of Seoul) |
| Financial Development, Macro Uncertainty and Saving-Cash Flow Sensitivity | Alexander Vadilyev* (Australian National Univ.) |
Byung Jin Kang (Soongsil Univ.) |
2017 CAFM Program Members
| Kook-Hyun Chang(Chair) | Konkuk University |
|---|---|
| Hyung-Suk Choi | Ewha Womans University |
| Jay M. Chung | Soongsil University |
| Ji-Woong Chung | Korea University |
| Jaehoon Hahn | Yonsei University |
| Min-Goo Hong | Konkuk University |
| Joon Ho Hwang | Korea University |
| Jin Q Jeon | Dongguk University |
| Byung Jin Kang | Soongsil University |
| Hyoung-Goo Kang | Hanyang University |
| Hyung Cheol Kang | University of Seoul |
| Noolee Kim | Hanyang University |
| Daehwan Kim | Konkuk University |
| Jung-Wook Kim | Seoul National University |
| Sol Kim | Hankuk University of Foreign Studies |
| Young Han (Andy) Kim | Sungkyunkwan University |
| Kyoung-min Kwon | Hongik University |
| Dong Wook Lee | Korea University |
| Eun Jung Lee | Hanyang University |
| Kaun Y. Lee | Chung-Ang University |
| Sang Whi Lee | Kyung Hee University |
| Ji Yeol Jimmy Oh | Hanyang University |
| Rae Soo Park | Sookmyung Women’s University |
| Junghoon Seon | Konkuk University |
| Jungsoon Shin | Ewha Womans University |
| Jungwon Suh | Sungkyunkwan University |
| Sun-Joong Yoon | Dongguk University |
| Jeongsun Yun | Kookmin University |
2017 CAFM Review Committee
| Kook-Hyun Chang(Chair) | Konkuk University |
|---|---|
| Hee-Joon Ahn | Sungkyunkwan University |
| Kee-Hong Bae | York University |
| Joon Chae | Seoul National University |
| Hyung-Suk Choi | Ewha Womans University |
| Jaewon Choi | University of Illinois at Urbana-Champai |
| Jay M. Chung | Soongsil University |
| Ji-Woong Chung | Korea University |
| Kee H. Chung | State University of New York at Buffalo |
| Vidhan Goyal | Hong Kong University of Science and Technology |
| Omrane Guedhami | University of South Carolina |
| Jaehoon Hahn | Yonsei University |
| Allaudeen Hameed | National University of Singapore |
| Kewei Hou | Ohio State University |
| Jingzhi Huang | Pennsylvania State University |
| Sahn-Wook Huh | State University of New York at Buffalo |
| Byoung-Hyoun Hwang | Cornell University |
| Jin Q Jeon | Dongguk univ. |
| Byung Jin Kang | Soongsil University |
| Hyoung-Goo Kang | Hanyang University |
| Jun-Koo Kang | Nanyang Technological University |
| Daehwan Kim | Konkuk University |
| Hyunseob Kim | Cornell University |
| Jung-Wook Kim | Seoul National University |
| Noolee Kim | Hanyang University |
| Sol Kim | Hankuk University of Foreign Studies |
| Kyoung-Min Kwon | Hongik University |
| Changjun Lee | Hankuk University of Foreign Studies |
| Dong Wook Lee | Korea University Business School |
| Eun Jung Lee | Hanyang University |
| Sangwhi Lee | Kyung Hee University |
| Suzanne S. Lee | Georgia Institute of Technology |
| Ji Yeol Jimmy Oh | Hanyang University |
| Jung Chul Park | University of South Florida |
| Yiming Qian | University of Iowa |
| Junghoon Seon | Konkuk University |
| Jungsoon Shin | Ewha Womans University |
| Kyojik Song | Sungkyunkwan University |
| Jungwon Suh | Sungkyunkwan University |
| Takeshi Yamada | Australian National University |
| Junesuh Yi | Dongguk University |
| Sun-Joong Yoon | Dongguk University |
| Jeongsun Yun | Kookmin University |
2017 CAFM Conference
December 8~9, 2017
Westin Chosun Hotel, Seoul, Korea
With the 2017 CAFM Conference less than several weeks away, don’t miss the last chance to save $150 by pre-registering before November 10, Friday, and join this two-day conference to be held on December 8~9, 2017 in Seoul, Korea.
Pre-registration before November 10 will be charged with an early bird fee of US$150, while post-registration including on-sight registration will be subject to regular fee of US$300. Student registration fee is US$50 regardless of the time of registration. Registered participants can secure their spot to the welcome reception, the luncheon with keynote address, the farewell dinner with award ceremony, and several coffee breaks. You will find ample opportunities during the conference for networking with prominent scholars coming from many countries.
This year, the CAFM conference features
- ￭ Keynote address:
“Connections and Context in Finance Research” by Jarrad Harford - ￭ Tutorial session 1:
“Writing for Publishing in Corporate Finance” by Vidhan Goyal - ￭ Tutorial session 2:
“Nascent Trends in Derivative Markets Research” by Robert Webb
The conference also features two Doctoral Student Consortiums and high-quality research presentations on topics such as:
- ￭ Capital Structure
- ￭ Macro and Government Factors
- ￭ Alternative Investment
- ￭ Fund Management
- ￭ Governance and Chaebol Issue
- ￭ Equity Valuation
- ￭ Investment Strategy
- ￭ And, many more
More detailed information on the conference program is available online at the following session overview site, where only registered participants can have access to the papers:
https://www.conftool.net/cafm2017/sessions.php
If you are not a registered user, you will be asked to create your account by completing your personal information, and then go to “Registration” menu to pre-register before November 10.
For more information, please contact us at 2017cafm@gmail.com.
Thank you very much, and we will look forward to seeing you here in Seoul!
Sincererly,
Bong-Chan Kho, President of the KSA
Kook-Hyun Chang, Program Chair
Transportation from Incheon International Airport to
The Westion Chosun, Seoul
Travel Time
Typical: 1 hour 10 min. / Rush Hour: Over 2 hours
KAL Limousine Bus
Subway Train
Reservation GoContact
· For additional information, Please contact one of us
Bong-Chan Kho, Ph.D.,
President of the KSA (bkho@snu.ac.kr),
Seoul National University
Kook-Hyun Chang, Ph.D.,
Program Chair and Review Committee Chair (khchang@konkuk.ac.kr),
Konkuk University
· Korean Securities Association
143 Uisadang-daero, Yongdeoung po-Gu, Seoul, Korea
Fax : 82-2-783-6359
E-mail : 2017cafm@gmail.com
Korean Securities Association, 6F, Korea Financial Investment Association Building
