Massey University, Palmerston North Campus
14th - 15th February, 2008 |
| Thursday 14th February 2008 |
| 10.30am - 12.00pm |
SIRCA Presentation
Venue: Russell Room |
| 12.00pm - 1.00pm |
Lunch
Venue: Wharerata |
| 1.00pm - 3.00pm |
Session 1A:
Banking, Credit Issues, and Other
Venue: Boardroom
Chair: David Tripe |
| |
Determining the Rental Rate on Commercial Real Estate Leases.
Glenn Boyle, Graeme Guthrie, Neil Quigley |
| |
A Survey of Small Business Finance in New Zealand
David Tripe, Gerold Borrmann |
| |
Drivers of Credit Losses in Australasian Banking.
Kurt Hess, Arthur Grimes, Mark Holmes |
| |
FDI Modes of Market Entry, Relative Wealth and Relative Access to Credit: Evidence from Zero-Inflated Poisson Model.
Woon-Yee Ho, Joseph Alba, Peiming Wang |
| 1.00pm - 3.00pm |
Session 1B:
Market Microstructure
Venue: Russell Room
Chair: Fei Wu |
| |
Intraday Time and Order Execution Quality Dimensions.
Ryan Garvey, Fei Wu |
| |
Lead Lag Direction and Price Discovery of the S&P/ASX200 Share Price Index and the S&P/ASX 200 Index Options.
Klaus Buhr, Xiaoming Li, Lawrence Rose |
| |
Individual Investors Surpass their Reputation: An Intraday Analysis of the Polish Futures Market.
Martin Bohl, Christiane Goodfellow, Jedrzej Bialkowski |
| 3.30pm - 5.30pm |
Session 2A:
Regulation
Venue: Boardroom
Chair: Ben Marshall |
| |
How Does Regulation Affect Takeover Returns?
Ben Marshall, Hamish Anderson |
| |
Political Connections and Minority-Shareholder Protection:
Evidence from Securities-Market Regulation in China.
Henk Berkman, Rebel Cole, Jiang Fu |
| |
Investor Protection and the US Cross-Listing Decision: A Cross-Country Analysis of Domestic Liquidity Costs.
Nhut Nguyen, Henk Berkman |
| |
When is Two Really Company? The Effects of Competition and Regulation on Corporate Governance.
Krishna Udayasankar, Shobha Das, Chandrasekhar Krishnamurti |
| 3.30pm - 5.30pm |
Session 2B:
Others
Venue: Russell Room
Chair: Martin Young |
| |
The Efficacy of the Principle-Based Corporate Governance Practices on Firm Performances: An Empirical Investigation using New Zealand Data.
Abeyratna Gunasekarage, Stuart Lockeb, Krishna Reddy, Frank Scrimgeour |
| |
Price Discovery, Cross-listings and Exchange Rates: Evidence from Australia and New Zealand.
Bart Frijns, Aaron Gilbert, Alireza Tourani-Rad |
| Friday 15th February 2008 |
| 8.30am - 10.30am |
Session 3A:
Capital Structure and Accounting Issues
Venue: Boardroom
Chair: Hamish Anderson |
| |
The Relationship Between Capital Structure and Product Markets: Evidence from New Zealand.
David Smith, Jianguo Chen, Hamish Anderson |
| |
Capital Structure, Unleveraged Equity Beta, Profitability and other Corporate Characteristics: Evidence from Australia.
Mei Qiu, Bo La |
| |
The Value Relevance of Cash Flows from Investing Activities based upon the Company’s Investment Opportunity Set.
Chris Malone, Alan Mitchell |
| |
The Role of Accruals as A Signal in Earnings and Dividend Announcements: NZ Evidence.
Hardjo Koerniadi, Alireza Tourani-Rad |
| 8.30am - 10.30am |
Session 3B:
Return Predictability
Venue: Russell Room
Chair: Ben Jacobsen |
| |
The Homeland Security Advisory System and the U.S. Stock Market: How Changes in the Threat Condition Affect Equity Returns.
Michael Pagano, Shawn Strother |
| |
The Marginal Contribution of Quantitative vs. Traditional Approaches in the Management of Equity Portfolios.
Russell Gregory-Allen, Hany Shawky, Jeffrey Stangl |
| |
Sector Rotation over Business-Cycles.
Jeffrey Stangl, Ben Jacobsen, Nuttawat Visaltanachoti |
| |
Idiosyncratic Moments and the Cross-Section of Expected Stock Returns.
John Lee |
| 8.30am - 10.30am |
Session 3C:
Investor Psychology and Other
Venue: Rate Room
Chair: Udomsak Wongchoti |
| |
Are Women Less Optimistic?
Ben Jacobsen, John Lee, Wessel Marquering |
| |
The Speed of Learning about Firms’ Profitability and their Price Multiples: A Global Perspective.
Pankaj Jain, Udomsak Wongchoti |
| |
A Stochastic Correlations Model for Default Risk.
Toby Daglish, Shaloub Razak |
| |
Market Quality and Bonding Premium.
Qian Sun, Yujun Wu, Wilson Tong |
| 11.00am - 1.00pm |
Session 4A:
New Zealand Capital Markets and Other
Venue: Boardroom
Chair: Jianguo Chen |
| |
Does Institutional Ownership Create Values? The New Zealand Case.
Jianguo Chen, Dar-Hsin Chen |
| |
Agency Costs and Incentive-Based Monitoring: Evidence from New Zealand.
Daniel Choi, Sam Kao |
| |
Market Discipline in the Finance Company Sector.
Russell Poskitt |
| |
Economic Determinants of Country Credit Risk: A Bayesian Approach.
Dominik Maltritz, Alexander Molchanov |
| 11.00am - 1.00pm |
Session 4B:
Asset Pricing and Liquidity
Venue: Russell Room
Chair: Henk Berkman |
| |
Estimating the Market Risk Premium using Historical Data from Multiple Markets.
Martin Lally |
| |
Leverage Recapitalizations and Liquidity.
David Lesmond, Philip O'Connor, Lemma Senbet |
| |
How Fundamental is the Pricing of Liquidity? Evidence from Bolsa and Borse, 1902 - 1925.
Lyndon Moore
|
