學術研討會論文:(不含已被期刊接受或刊登者)

(一)經匿名審查之學術研討會論文

1. 2011 Chen, Tsung-kang, Hsien-Hsing Liao, and Wei-Lun Chen, “Production information uncertainty and corporate bond yield spreads: Total factor productivity risk perspective” 2011 Financial Management Association Annual Meeting, Oct. 19-22, 2011, Denver, USA.

2. 2011 Chen, Tsung-kang, Hsien-Hsing Liao, and Hui-Ju Kuo, “Information Asymmetry Effects of Industry Structure on Firm Credit Ratings” 2011 American Accounting Association Annual Meeting, August 6-10, 2011, Denver, USA.

3. 2011 Chen, Tsung-kang, Hsien-Hsing Liao, and Hsiao-Chun Huang, “Macroeconomic sensitivity risks and corporate bond yield spreads: From supply chain perspectives” 2011 Asian Finance Association Conference, July 10-13, Macau.

4. 2010 Chen, Tsung-Kang, Hsien-Hsing Liao, Hui-Ju Kuo, and Yu-Ling Hsieh, "Information Asymmetry, Supply Chain Characteristics and Bond Yield Spreads" accepted for presentation at the 2010 FMA Annual Meeting (New York).

5. 2010 Chen, Tsung-kang, Hsien-hsing Liao, and Wei-Ju Huang”Strategic Decisions, Default Risk, and Equity Returns” 2010 American Accounting Association Annual Meeting Conference, August 1-5, San Francisco, USA.

6. 2009 Liao, Hsien-hsing, Tsung-kang Chen, Ahyee Lee, and Chia-Wu Lu, ”Internal Liquidity Risk in REIT Excess Returns” The 22nd Australasian Finance and Banking Conference 2009, Dec. 16-18, Sydney, Australia. (Being selected by the Conference to submit to the special issue of the Journal of Banking and Finance on "Global Financial Crisis, Financial Globalization and Financial Market Integration)

7. 2009 Chia-wu Lu, Tsung-kang Chen, and Hsien-hsing Liao ”An Integrated Structural-form Corporate Credit Model: Joint Perspectives of Asset Inadequacy and Liquidity Crunch” The Fourth International Conference on Asia-Pacific Financial Markets (CAFM), Dec. 5, 2009, Seoul, Korea.

8. 2009 Liao, Hsien-hsing, Tsung-kang Chen, and Chia-wu Lu, “Internal Liquidity Risk in Corporate Bond Credit Spreads--Bond- and Market-Level Evidences” 2009 Financial Management Association (FMA) Annual Meeting Conference, October 21-24, Reno, Nevada. York, USA. (a revised version is now Under second-run review of the Journal of Banking and Finance)

9. 2009 Liao, Hsien-hsing and Tsung-kang Chen,”Performance Evaluation of Corporate Strategic Activities —A Comprehensive Model with Debt holders’ View” 2009 American Accounting Association Annual Meeting Conference, August 1-5, New York, USA.

10. 2009 Liao, Hsien-hsing, Tsung-kang Chen, and Yu-hui Su, ”Credit Analysis of Corporate Credit Portfolios---A Cash Flow Based Conditional Independent Default Approach” The Asian Finance Association 2009 International Conference, Brisbane, Australia, June 30–July 3 (early version presented at 2009 National Chiao Tung University International Finance Conference, Taiwan, January, 16, 2009).


11. 2009 廖咸興、陳宗岡、盧嘉梧,“企業管理決策隱含實質選擇權價值評估—隨機現金流量模型之應用”, 2009 台灣財務金融學會年會暨國際學術研討會,中壢,2009年6月12-13日。


12. 2009 Liao, Hsien-hsing, Yi-Hsuan Tung, and Tsung-kang Chen” A Dynamic Optimal Capital Structure Model with Costly Adjustment Mechanisms---A Real Option Perspective” 2009 FMA European Conference, June. 3-5, Turin, Italy.


13. 2009 Liao, Hsien-hsing and Tzu-Ling Huang, “Corporate Diversification and Credit Risk”, Accepted for presentation at the 2009 FMA Asian Conference, May 6-8, Xiamen China.


14 2008 Liao, Hsien-hsing, Chin-Chun Chang and Tsung-kang Chen,” Do the Sources of Funds used in Stock Repurchase Matter?––A Credit Risk Perspective” the 21st Australasian Finance and Banking Conference 2008, Dec. 16-18, 2008, Sydney, Australia.


15. 2008 Liao, Hsien-hsing, Yi-Chieh Wu and Tsung-kang Chen, ”The Effect of Information Uncertainty on Corporate Bond Yield Spreads” The Third International Conference on Asia-Pacific Financial Markets (CAFM), Dec. 6, 2008, Seoul, Korea. (Outstanding paper award)


16. 2008 廖咸興、陳宗岡、盧嘉梧、林慧華, “狀態相依之均衡利率模型-結合GARCH(1,1)與變異性參數模型”,2008年台灣財務金融學會年會暨學術研討會 June 20-21, 2008,花蓮,台灣 (候選最佳論文獎).


17. 2008 Liao, Hsien-hsing, Ming-Shiow Chang and Tsung-kang Chen, “Solvency Risk in REIT Returns” Accepted for presentation at The 13th Asian Real Estate Society Annual Conference (Shanghai 2008 July 12-15)


18. 2007 Liao, Hsien-hsing, Tsung-kang Chen and Chia-Wu Lu,”A Solvency Ratio-based Dynamic Corporate Short-term Credit Model” The Second All China Economics International Conference, December 12-14, 2007, in Hong Kong.

19. 2007 Liao, Hsien-hsing, Tsung-kang Chen, and Chia-Wu Lu, and Wei-Ling Kuo “Structural Models and Commercial Bank Credit Risk--An Empirical Analysis” Second International Conference on Asia-Pacific Financial Markets (CAFM), Dec. 8, 2007, Seoul, Korea.

20. 2007 Liao, Hsien-hsing, Tsung-kang Chen, and Chia-Wu Lu, ”Estimating Multi-Period Corporate Credit Risk--A Cash Flow Based Approach” FMA 2007 Meeting, Oct. 17-20, Orlendo, USA.

21. 2007 Liao, Hsien-hsing, Sharon Yang and I-hsing Huang “The Design of Securitization for Longevity Risk: Pricing under a Stochastic Mortality Model with a Tranche Technique," Asia-Pacific Risk and Insurance Association (APRIA) Annual 2007 (July 22-25, Taipei)

22. 2007 Liao, Hsien-hsing, Yu-Hui Su, and Tsung-kang Chen ”A Cash Flow Based Multi-Period Credit Portfolio Model with Dynamic Default Thresholds” the 4th Conference of International Economic, Finance, and Accounting (IEFA) (May 23-24, in Taipei, Taiwan)

23. 2004 Liao, Hsien-hsing and Tsung-kang Chen ”Multi-period Firm Valuation—A Free Cash Flow Simulation Approach” 2004 NTU International Conference on Finance (December 20-21, in Taipei, Taiwan)

24. 2004 Chiu, Shean-Bii, Hsien-hsing Liao, and Tsung-kang Chen ”A Study on the Relationship between Relative Bargaining Power and Market's Expected Synergy in Equity Exchange M&A Cases” 2004 NTU International Conference on Finance (December 20-21, in Taipei, Taiwan)

25. 2004 廖咸興、陳宗岡,“企業合併活動之績效評估—市場淨綜效模型之運用”,第一屆創新與管理學術研討會論文,會議論文集。

26. 2004 Liao, Hsien-hsing and Szu-Han Yeh, “Liquidity Risk Premium of the Real Estate Stock Market— A Multi-country Analysis” 2004年中華民國都市計畫、住宅、區域科學、地區發展學會聯合年會暨論文研討會論文集。

27. 2004 廖咸興、陳宗岡“時間相依之隨機現金流量模型下之多期企業評價” 2004台灣科技大學管理新思維學術研討會論文,會議論文集。

28. 2003 Liao, Hsien-hsing, “Real Estate Market and Economic Development---A Cross Countries Study”,2003年中華民國都市計畫、住宅、區域科學、地區發展學會聯合年會暨論文研討會,會議論文集。(NSC 92-2416-H-002-035)

29. 2003 Liao, Hsien-hsing, “On the Impacts of Asian Financial Crisis on Real Estate Risk Premiums” the 11th Annual Conference on Pacific Basin Finance, Economics, and Accounting. (NSC90 - 2416 -H -002 -020).

30. 2002 劉建宏、葉小蓁、廖咸興,「低利率敏感性抵押貸款證券之評價-時間相依之提前清償模型與Hull-White利率模型結合應用」,台灣財務學會年會暨學術研討會論文。

31. 2001 呂致偉、廖咸興, "抵押貸款證券之評價與路徑免疫策略--- 線性路徑空間方法之應用",台灣財務學會年會暨學術研討會論文。

32. 1999 Liao, Hsien-hsing, "Securitization and Real Estate Market Efficiency: An Empirical Investigation on Hong Kong Market", 2000 NTU International Conference on Finance (January 13-14, 1999, in Taipei). (NSC88-2416-H-002-021)

33. 1998 Liao, Hsien-hsing and Ahyee Lee, "Political Risk and Real Estate Market---the Case of Hong Kong ", The Third Annual Conference of Asian Real Estate Society (August 26-29, 1998, in Taipei). (NSC86-2416-H-002-031)


34. 1995 Liao, Hsien-hsing and Ahyee Lee, "Speculative Bubble and Equity Real Estate Investment Trusts (EREITs)-- An Empirical Investigation", The 1995 Annual Conference of American Real Estate and Urban Economics Association. (NSC84-2416-H-002-025)

35 1995 Liao, Hsien-hsing and R. Chen and T. Yang, "Pricing Mortgage Backed Securities with a Multi-factor Term Structure Model: What is Wrong with Single Factor Term Models and How Bias are Their Results?", The 1995 Annual Conference of the Finance Management Association. (NSC84-2416-H-002-051)

36. 1994 Yang, Chua-Chen and Hsien-hsing Liao, "The Impacts on Domestic Stock Returns by the Lifting of the Ban on Direct Investments from Foreign Institutional Investors-- A Case of Taiwan Stock Market" , Conference Paper, The 1994 Annual Meeting of the American Chinese Management Educators Association.

37. 1994 Liao, Hsien-hsing and Ahyee Lee, "On Taiwan's Real Estate Returns", Conference Paper, The 1994 Annual Meeting of American Real Estate and Urban Economics Association.

(二)未經匿名審查之學術研討會論文

1. 2001 黃至民、廖咸興,「利率可調整之不動產抵押貸款證券之評價與分析---CIR利率模型與邏輯斯特提前還本模型之結合應用」,國庫署與台北金融研究發展基金會合辦之2001債券論壇研討會。

2. 2001 廖咸興,"推動抵押債權證券與金融機構流動性",台灣新世紀文教基金會與國泰人壽合辦「 金融機構再造研討會」論文。

3. 1999 李阿乙,廖咸興, "金融資產證券化與債券市場的擴大",經建會,台經院,與Moody’s Investors Service合辦「如何強化與發展我國與區域債券市場研討會」論文。

4. 1999 廖咸興, "都市更新投資信託制度與其效益之探討",證券暨期貨市場發展基金會主辦「證券暨期貨市場發展研討會」論文。

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