New Zealand Finance Colloquium

Programme for the 2015 New Zealand Finance Colloquium

Thursday 19th February | Friday 20th February

19th - 20th February, 2015 download programme (updated 15 February 2015)
Thursday 19th February 2015
08:30am - 9:00am	Registration Venue: S Block Ground Level Foyer
9:15am - 9:30am	Opening Address by Dr. Krishna Reddy (Waikato) Venue: S.G.01
9:30am - 10:30am	Keynote Presentation - Professor Robert Faff Venue: S.G.01
10:30am - 11:00am	Tea Break Venue: S Block Ground Level Foyer
11:00am - 12:15pm	Session 1A \| Corporate Finance 1 Venue: S.G.01 Chair: Professor Henk Berkman (Auckland)
	Determinants of Capital Structure of Firms in Different Continents: Before, During, and After the Global Financial Crisis. Tse Nee Low, University of Waikato Krishna Reddy, University of Waikato
	The Impact of Cultural Diversity in Corporate Boards on Firm Performance. Helena Cimerova, Auckland University of Technology Olga Dodd, Auckland University of Technology Bart Frijns, Auckland University of Technology
	Why do executives commit `fraud on the market'? Executive overconfidence and securities class actions Suman Banerjee, University of Wyoming Mark Humphery-Jenner, UNSW Vikram Nanda, Rutgers University Mandy Tham, Nanyang Technological University
11:00am - 12:15pm	Session 1B \| Investments 1 Venue: S.G.02 Chair: Professor Ron Bird (Waikato & UTS)
	Institutional Trading and Asset Pricing Bart Frijns, Auckland University of Technology Thanh D. Huynh, Auckland University of Technology Alireza Tourani-Rad, Auckland University of Technology Joakim Westerholm, University of Sydney
	Momentum returns, market states, and market dynamics: Is China different? Muhammad Ahmad Cheema, Curtin University Gilbert Nartea, Lincoln University
	Retail Investor Networks and Risk Taking (updated January 2015) Henk Berkman, University of Auckland Marco Eugster, University of Auckland
11:00am - 12:15pm	Session 1C \| Capital Markets 1 Venue: S.G.03 Chair: Professor Robert Faff (Queensland)
	Mutual Fund Flows and Seasonalities in Stock Returns Moritz Wagner, University of Auckland John Byong-Tek Lee, University of Auckland
	Media Sentiment, Investor Sentiment, and Stock Price Sensitivity to Earnings Steven F. Cahan, University of Auckland Chen Chen, University of Auckland Nhut H. Nguyen, Massey University
	Informed trading around stock split announcements: Evidence from the option market Philip Gharghori, Monash University Edwin D. Maberly, Monash University Annette Nguyen, Deakin University
12:15pm - 1.00pm	To Top Lunch Venue: S Block Ground Level Foyer
1:00pm - 2:15pm	Session 2A \| Investments 2 Venue: S.G.01 Chair: Professor Alireza Tourani-Rad (AUT)
	Opening the Box on the Stock Selection Skills of US Mutual Funds Ron Bird, University of Technology, Sydney. Veronica Sherwood-Meares, University of Technology, Sydney Danny Yeung, University of Technology, Sydney.
	Valuation of a Higher Dimensional Optimal Switching Policy Sam Kilkenny-Brown Toby Daglish, Victoria University
	On the intraday relation between the VIX and its futures Bart Frijns, Auckland University of Technology Alireza Tourani-Rad, Auckland University of Technology Robert I. Webb, University of Virginia
1:00pm - 2:15pm	Session 2B \| Capital Markets 2 Venue: S.G.02 Chair: Professor Stuart Locke (Waikato)
	The Other Insiders: Personal Trading by Analysts, Brokers and Fund Managers Henk Berkman, University of Auckland
	Is There a Honeymoon for New CEOs? Paul Geertsema, University of Auckland David H. Lont, University of Otago Helen Lu, University of Auckland
	Country risk and volatility of stock returns: Panel- GARCH evidence for the Latin America´s major five Rodolfo Cermeño, CIDE Tahir Suleman, Victoria University
1:00pm - 2:15pm	Session 2C \| Banking 1 Venue: S.G.03 Chair: Dr. Philip Gharghori (Monash)
	How does Deposit Insurance Affect Depositor Behavior in a Banking Crisis? Glenn Boyle, University of Canterbury Roger Stover, Iowa State University Amrit Tiwana, University of Georgia Oleksandr Zhylyevskyy, Iowa State University
	Systemic risk in Australia’s Banks Chris Malone , Massey University David Tripe, Massey UNiversity Xiping Li
	Are foreign banks in China on an equal footing with Chinese domestic commercial banks? Necmi Kemal Avkiran, University of Queensland Yushu (Elizabeth) Zhu, University of Queensland David Tripe, Centre for Financial Services and Markets, Massey University
2:15pm - 3:30pm	Session 3A \| Corporate Governance Venue: S.G.01 Chair: Professor Glenn Boyle (Canterbury)
	The Effect of NZX 2003 Regulated Corporate Governance. Alice Borthwick Helen Roberts, University of Otago
	Does Corporate Governance (CG) impact the Financial Performance of Microfinance Institutions (MFIs)? Evidence from South Asia Sujani Thrikawala, University of Waikato
	CEO Board Membership: Evidence from NZ Data Michelle Li, University of Auckland Helen Roberts , University of Otago
2:15pm - 3:30pm	Session 3B \| Corporate Finance 2 Venue: S.G.02 Chair: Professor Bart Frijns (AUT)
	Help or Hindrance?: Boardroom Network Connectivity and Firm Performance Angela Andersen, Auckland University of Technology Aaron Gilbert, Auckland University of Technology
	Impact of Financial crisis on Leverage, Growth and Performance of New Zealand Companies Geeta Duppati, University of Waikato Frank Scrimgeour, University of Waikato
	Corporate Social Responsibility: The Myopic Barometer? Christo Ferreira, Massey University University David K. Ding, Massey University Udomsak Wongchoti, Massey University
1:00pm - 2:15pm	Session 3C \| Investments 3 Venue: S.G.03 Chair: Dr. Krishna Reddy (Waikato)
	Analysts' Forecast Dispersion and Stock Returns: A Panel Threshold Regression Analysis of the Conditional Limited Market Participation Hypothesis Ming-Yuan Li, University of Waikato
	What Explains the Surprising Negative Correlation Between Stock Return Differential and Currency: Risk-rebalancing or Source Status? Numan Ulku
	Multi-market Trading and Liquidity: Evidence from Cross-listed Companies Christina Atanasova, Simon Fraser University Evan Gatev Ming Li
3:30pm - 4:00pm	To TopTea Break Venue: S Block Ground Level Foyer
4:00pm - 5:15pm	Session 4A \| Banking 2 Venue: S.G.01 Chair: A/Prof. David Tripe (Massey)
	In Lombard We Trust: The Value of Independent Celebrity Directors Andrew Cardow, Massey University William Wilson, Massey University
	Executive Confidence and New CEO Selection Suman Banerjee, University of Wyoming Lili Dai, Australian National University Mark Humphery-Jenner, UNSW Vikram Nanda, Rutgers University
4:00pm - 5:15pm	Session 4B \| Financial Services Venue: S.G.02 Chair: A/Prof. Christina Atanasova (Simon Fraser)
	Educational performance, ‘clicker’ engagement and ethnicity: Evidence from Finance 101 Helen Roberts, University of Otago Ivan Diaz-Rainey, University of Otago
	Modelling the Dynamics of Correlations Among International Equity Volatility Indices Moloud Rahmaniani, University of Otago Jin E. Zhang, University of Otago Helen Roberts, University of Otago
	Quote Dynamics of Dually-Listed Stocks Bart Frijns, Auckland University of Technology Ivan Indriawan, Auckland University of Technology Alireza Tourani-Rad, Auckland University of Technology
4:00pm - 5:15pm	Session 4C \| Corporate Finance 3 Venue: S.G.03 Chair: Dr. Sazali Abidin (Waikato)
	VC participation and IPO earnings management: Evidence from China Hamish Anderson, Massey University Jing Chi Qing (Sophie) Wang, Massey University
	Tail Risk in Technical Trading Rule Returns Lerby M. Ergun, Erasmus University Philip Stork, VU University Amsterdam Sasha Molchanov, Massey University
6:15pm -	Dinner Venue: Iguana Street Bar and Restaurant, 203 Victoria Street South
Friday 20th February 2015To Top
10:00am - 10:50am	Session 5A: Capital Markets 3 Venue: S.G.01 Chair: Dr. Geeta Duppati (Waikato)
	When No News is Good News – The decrease in Investor Fear after the FOMC announcement Adrian Fernandez-Perez, Auckland University of Technology Bart Frijns, Auckland University of Technology Alireza Tourani-Rad, Auckland University of Technology
	Legislative Changes and Abnormal Trading around Earnings Announcements: Evidence from New Zealand Market Nick Barry, Victoria University Hai Lin, Victoria University
10:00am - 10:50am	Session 5B \| Corporate Finance 4 Venue: S.G.02 Chair: Dr. Ming-Yuan Li (Waikato)
	Zero Sum Games in Finance: Some Misconceptions Noel Yahanpath, Eastern Institute of Technology Paul Mountcastle Krishna Reddy, University of Waikato
	Impact of Globalization on Dividend Policy and Payout Rate: Evidences from selected countries Sazali Abidin, University of Waikato Nirosha Wellalage, University of Waikato Lin Wu, University of Waikato
10:00am - 10:50am	Session 5C \| Investments 4 Venue: S.G.03 Chair: A/Prof. Gilbert Nartea (Waikato)
	Quantitative measurement of contagion effects during the Global Financial Crisis: Evidences from selected countries Nirosha Hewa Wellalage, University of Waikato Sazali Abidin, University of Waikato Lei Wang, University of Waikato
11:00am - 12:30pm	Sponsors Presentation Venue: S.G.01
11:00am - 11:25am	Cengage
11:30am - 12:00pm	Bloomberg
12:05pm - 12:30pm	McGraw-Hill
12:30pm - 1:00pm	Light Lunch and Best Paper Awards Venue: S Block Ground Level Foyer

Programme for the 2015 New Zealand Finance Colloquium

Thursday 19th February 2015

Friday 20th February 2015To Top