7th National Finance Colloquium
Timetable

Friday 7 February, 2003.

11.30 - 11.55

Refreshments

11.55 - 12.00

Introduction

12.00 - 12.30

Bank Creditor Recapitalisation - A New Failure Management Option?
Ian Harrison

Paper not available   

12.30 - 1.00

The link between the Official Cash Rate (OCR) and market interest rates-A New Zealand perspective
Ben Petro, John McDermott, & David Tripe

 

Full Paper

1.00 - 1.30

Emotion, Fear and Superstition in the New Zealand Stockmarket
Glenn Boyle, Andrew Hagan, Rebecca O'Connor & Nick Whitwell

 

    Full Paper

1.30 - 2.00

Break

2.00 - 2.30

Session 1

Why Warn? The Impact of Profit Warnings on Shareholder's Equity
Fayez A. Elayan, Thomas O. Meyer, & Edward Sun, M.B.S.

 

    Full Paper

2.00 - 2.30

Session2

The Corporate Cost of Capital and the Return on Corporate Investment: New Zealand Evidence
John Wang

 

    Full Paper

2.30 - 3.00

Session 1

The NZD OIS market: An Introduction
Wai Kin Choy

 

    Full Paper

2.30 - 3.00

Session 2

The Trading Behaviour of Australian Treasury Bond Futures Overnight Options and the Impact of Their Introduction
Liping Zou, Lawrence C. Rose & John F. Pinfold

 

    Full Paper

3.00 - 3.30

Session 1

Accounting Irregularities, Management Compensation Structure, and Information Asymmetry
Fayez A. Elayan, Jingyu Li, & Thomas O. Meyer

 

    Full Paper

3.00 - 3.30

Session 2

A Class of Nonlinear Stochastic Volatility Models and Its Implications on Pricing Currency Options
Jun Yu, Zhenlin Yang, & Xibin Zhang

 

    Full Paper

3.30 - 3.50

Break

3.50 - 4.15

The Decision to Voluntarily Provide an IPO Prospectus Earnings Forecast: Theoretical Implications and Empirical Evidence
Chris Bilson, Richard Heaney, John G. Powell, & Jing Shi

 

    Full Paper

4.15 - 4.40

Modelling the yield curve using orthonormalised Laguerre polynomials: An inter-temporally consistent risk-neutral approach, and an economic interpretation
Leo Krippner

 

    Full Paper

4.40 - 5.05

Kalman Filter Estimates of Time-Varying Term Premia for New Zealand and Australia
Michael Gordon

 

    Full Paper

5.05 - 5.30

The Purchasing of Naming Rights for Sports Stadiums: A Harbinger of Bad Corporate Governance or Just Bad Timing?
Edwin D. Maberly, Raylene Pierce & Oleg Vornik

 

    Full Paper

6.30

Dinner

 

 

Saturday 8 February, 2003.

9.00 - 9.30

Session 1

Historical Market Risk Premiums in New Zealand: 1931 - 2000
Martin Lally, & Alastair Marsden

 

    Full Paper

9.00 - 9.30

Session 2

Discussion Paper: Regulation of Investment Advisers-Implications for Professionals Giving Investment Advice
Brian A. Lenehan

 

    Full Paper

9.30 - 10.00

Session 1

Profitability of Insider Trading: New Zealand Evidence
Ahmad Etebari, Alireza Tourani-Rad, & Aaron Gilbert

 

    Full Paper

9.30 - 10.00

Session 2

China Stock Markets: Does Technical Analysis Incorporating Data on Volumes and Returns Provide Additional Evidence of Return Predictability?
Kong-Jun Chen, & Xiaoming Li

 

    Full Paper

10.00 - 10.30

Session 1

Teaching Finance through Computer Modelling
Kurt Hess

 

    Full Paper

10.00 - 10.30

Session 2

Do the New Zealand Daily Exchange Rates Behave Nonlinearly or Like Chaos
Qing Xu, & Xiaoming Li

 

    Full Paper

10.30 - 11.00

Break

11.00 - 11.30

Dynamics Of Firm's Market Value, Capital Structure And Risk
Tarek I. Eldomiaty

 

    Full Paper

11.30 - 12.00

Jacknifing Bond Option Prices
Peter Phillips, & Jun Yu

 

    Full Paper

12.00 - 1.00

Panel Discussion on Performance Based Research Funding
with Steve Maharey (Minister of Education)

1.00 - 1.30

Lunch

1.30

Business Meeting