公股企业公司治理之现况与展望

13thConferenceontheTheoriesandPracticesofSecuritiesandFinancialMarkets6ProgramSummaryFriday,December16,2005(08:30-17:20)TimeSessionsPlace08:30-09:30Registration09:30-09:40OpenCeremonyWei-HsienWang,VicePresident,NationalSunYat-senUniversityConferenceHall09:40-10:40KeynoteSpeech“TheEfficacyofDefinedContributionPlans”ProfessorEdwinJ.Elton,NewYorkUniversityConferenceHall10:40-11:00CoffeeBreakRestArea11:00-12:40TaiwanStockExchangeSpecialSession(inChinese)AcademicSessionsSession1:CorporateGovernance(1)Session2:EmergingMarkets(1)Session3:MarketMicrostructureRoom1Room4Room2Room312:40-13:40LunchRestArea13:40-15:20AcademicSessionsSession4:InternationalFinancialMarkets(1)Session5:CorporateFinance(1)Session6:BankingRoom3Room4Room215:20-15:40CoffeeBreakRestArea15:40-17:20PanelDiscussion(inChinese)“CorporateGovernanceofState-linkedCompanies”AcademicSessionsSession7:MarketEfficiencySession8:BehavioralFinance(1)Session9:Options(1)Room1Room2Room4Room37Saturday,December17,2005(08:30-17:20)TimeSessionsPlace08:30-09:30Registration09:30-10:30KeynoteSpeech(simultaneoustranslation)“HowtoEnhancetheEffectivenessoftheBoard?”Lu,Daung-yen,FinanceSupervisoryCommissionConferenceHall10:30-10:40AwardsCeremonyConferenceHall10:40-11:00CoffeeBreakRestArea11:00-12:40TutorialSession“IssuesinBondResearch”AcademicSessionsSession10:CorporateFinance(2)Session11:RiskManagementSession12:InternationalFinancialMarkets(2)Room1Room4Room3Room212:40-13:40LunchRestArea13:40-15:20Practitioner'sSession(inChinese)“BeyondLifeStyle–intoLongevity”AcademicSessionsSession13:CorporateGovernance(2)Session14:EmergingMarkets(2)Session15:Options(2)Room1Room3Room2Room415:20-15:40CoffeeBreakRestArea15:40-17:20AcademicSessionsSession16:AgencyTheory&AssetPricingSession17:BehavioralFinance(2)Session18:FundsManagement&PortfolioPerformanceRoom2Room4Room313thConferenceontheTheoriesandPracticesofSecuritiesandFinancialMarkets8ProgramScheduleFriday,December16,2005(08:30-17:20)08:30-09:30Registration09:30-09:40ConferenceHallOpenCeremonyWei-HsienWang,VicePresident,NationalSunYat-senUniversity09:40-10:40ConferenceHallKeynoteSpeechTheEfficacyofDefinedContributionPlansSpeaker:ProfessorEdwinJ.Elton,NewYorkUniversity.10:40-11:00CoffeeBreak11:00-12:40Room1TaiwanStockExchangeSpecialSession(inChinese)yyy11:00-12:40Room4AcademicSession1:CorporateGovernance(1)Chair:GiliYen,ChaoYangUniversityofTechnology.yCorporateGovernanceandInsiderCompensation:NASDAQTechnologyFirmsYenn-ruChen,NationalChengKungUniversity.Chih-WeiHung,NationalChengKungUniversity.yBankDirectorshipandBidder'sReturnsinMergersandAcquisitionsTsung-mingYeh,AkitaInternationalUniversity,Japan.yBilateralBargaining,AuditorChange,andFinancialDistressPrediction--EmpiricalFindingsfromtheTAIEX-listedFirmsChing-LungChen,ChaoYangUniversityofTechnologyFu-HsingChang,NationalYunlinUniversityofScience&TechnologyGiliYen,ChaoYangUniversityofTechnology.yTrustYourFriends,ButDon'tForgettoLockYourCarDoor:ConflictsofInterestintheStockRecommendationsofInvestmentBanksandTheirDeterminantsChung-huaShen,NationalChengchiUniversity.Hsiang-linChih,NationalTaipeiUniversity.Discussants:Shin-RongShiah-Hou,YuanZeUniversity.YilinWu,HongKongUniversityofScienceandTechnology,HongKong.Yenn-ruChen,NationalChengKungUniversity.Chi-jengWang,NationalSunYat-senUniversity.9Friday,Dec.1611:00-12:40Room2AcademicSession2:EmergingMarkets(1)Chair:DavidS.Shyu,NationalSunYat-senUniversity.yDoesrealizedvolatilityprovideadditionalinformation?XinZhang,Queen’sUniversity,Canada.yThePerformancePersistenceofEquityFundsinThailandTheeralakSatjawathee,PayapUniversity,Thailand.GeoffreyGeorge,VictoriaUniversity,Australia.KandiahJegasothy,VictoriaUniversity,Australia.yPolicyRisk:EvidencefromChineseEquityMarketsSwee-SumLam,NationalUniversityofSingapore,Singapore.ChristabelDun-LinTan,HSBCBank,Singapore.RuthSeow-KuanTan,NationalUniversityofSingapore,Singapore.WeidongZhang,ShanghaiStockExchangeResearchCenter,China.Discussants:Cheng-YiShiu,ChungHuafUniversity.DavidS.Shyu,NationalSunYat-senUniversity.ZhichengWang,PekingUniversity,China.11:00-12:40Room3AcademicSession3:MarketMicrostructureChair:TaiMa,NationalSunYat-senUniversity.yAreinvestorsmoreaggressiveinmoretransparentmarkets?TaiMa,NationalSunYat-senUniversity.YalingLin,NationalSunYat-senUniversity.Hsiu-kueiChen,NationalSunYat-senUniversity.yOntheimportanceoftimingspecificationsinmarketmicrostructureresearchThomasHenker,UniversityofNewSouthWales,Australia.JianxinWang,UniversityofNewSouthWales,Australia.yFinancialEconometricModelingUsingWaveletTransformations:CasesonTaiwanStockMarketChueh-YungTsao,ChangGungUniversity.Chun-RuLin,ChangGungUniversity.yDeterminantsofIntra-DayStockPriceChangeandInformationAsymmetryChristopherTing,SingaporeManagementUniversity,Singapore.Discussants:ChristopherTing,SingaporeManagementUniversity,Singapore.An-singChen,NationalChungChengUniversity.JianxinWang,UniversityofNewSouthWales,Australia.12:40-13:40Lunch13thConferenceontheTheoriesandPracticesofSecuritiesandFinancialMarkets10Friday,Dec.1613:40-15:20Room3AcademicSession