Program
Thursday 8th February
1:00 - 3:00 pm Session 1A
Markets and Politics
Venue: WF702
Chair: Katrin Gottschalk
Session 1B
Banking
Venue: WF703
Chair: Ming-Hua Liu
  Political Cycles in US Industry Returns


Jeffrey S. Stangl, Ben Jacobsen
An exploration of measures to assess a Banks credit loss experience

Kurt Hess
  Investment Returns Under Right and Left Wing Governments in Australasia


Hamish D Anderson,Christopher B Malone, Ben R Marshall
A Specific Role for Boards in a Regulatory Framework: The New Zealand Banking Case

M.L. McIntyre, David Tripe
  Stock Market Volatility around National Elections

Jedrzej Bialkowski, Katrin Gottschalk, Tomasz P. Wisniewski
Bank Branches Around the World


Claire Matthews, Yiping (Anna) Ding
  Presidential Regimes, Stock Market Volatility and Returns

John G. Powell, Jing Shi, Tom Smith, Robert E Whaley
Islamic Banking: Interest Free or Interest in Disguise?

Beng Soon Chong, Ming-Hua Liu
3:30 - 5:30 pm Session 2A
Foreign Exchange
Venue: WF702
Chair: Dimitri Margaritis
Session 2B
Market Microstructure I
Venue: WF703
Chair: Aaron Gilbert
  Fiscal Policy and the Exchange Rate: Comparative Evidence from the U.S. & Japan

K Peren Arin, Chhun-Hay Lay
Assessing the maturity of the AUD/NZD Market


Russell Poskitt , Alastair Marsden
  Price Stability or Export Competitiveness?

Xiao-Ming Li
Dynamics of Event-Induced Liquidity Changes in the Aftermarket

Alexander Molchanov
  Foreign Exchange Rate Exposure of Chinese Firms in the New Exchange Rate Regime

Robin Luo, Aline Muller, Alireza Tourani-Rad
The Interval of Observation



Ben Jacobsen, Ben Marshall, Nuttawat Visaltanachoti
  Forecasting Daily Volatility with Intraday Data

Bart Frijins, Dimitri Margaritis
Elements of Effective Insider Trading Laws: A Comparative Analysis

Bart Frijns, Aaron Gilbert, Alireza Tourani-Rad
Friday 9th February
8.30 - 10.30am Session 3A
Others
Venue: WF702
Chair: Robin Luo
Session 3B
Hedging issues/Bonds
Venue: WF703
Chair: Jedrzej Bialkowski
  The Investor Recognition Hypothesis: The New Zealand Penny Stocks

Daniel J P Chai, Daniel F S Choi
Optimal discrete hedging in the Heston Stochastic Volatility Model

Toby Daglish and Chris Neely
  Venture Capitalist and the Innovation Process

Simona Fabrizi, Steffen Lippert , Pehr-Johan Norback, Lars Persson
Discretionary accruals, hedging and firm Value

Yan Zhang, Pinghsun Huang , Donald R Deis, Jacquelyn Sue Moffitt
  The Impact of Search and Holding Costs on Persistent Mispricing: New Evidence

Ben R. Marshall
Default risk in the U.S. Mortgage Market


Toby Daglish, Jon Garfinkel and Jarjisu Sa-Aadu
  Estimating Betas: Firm Specific Estimates, Industry Averages and Combined Estimates

Martin Lally
Earnings and Dividend Information Contained in Bond Rating Changes


Steven T Anderson, Gurmeet S Bhabra, Harjeet S. Bhabra, Asjeet S. Lamba
11.00am - 12.30pm Session 4A
Market Microstructure II
Venue: WF702
Chair: Ting Yang
Session 4B
Pay Matters and Others
Venue: WF703
Chair: Alireza Tourani-Rad
  Stock Market Volatility and Assessing Information Content Present in the S&P/ASX 200 Index Option Prices

Klaus E. Buhr, Xiaoming Li, Lawrence C. Rose
Pay Peanuts and get Monkeys? Evidence from Academia


Glenn Boyle
  An empirical analysis of the NZXs price Query system

Alistair Marsden, Russell Poskitt, Yan (Cherry) Wang
Payday Matters: A Look at Trader Behavior Within Pay Cycles

Ryan Garvey and Fei Wu
  Price Limits Are Not Always Bad



Haina Ding, Nuttawat Visaltanachoti
What is in a name? Evidence from Chinese firms during the Technology Boom

Henk Berkman, Nick Nguyen, Liping Zou