PUBLICATIONS
Environmental liabilities, borrowing costs, and pollution prevention activities: The nationwide impact of the Apex Oil ruling (with Pei-Fang Hsieh, Po-Hsuan Hsu and Ross Levine). 2025. Journal of Corporate Finance, 102739.
- Presented at the Asian Bureau of Finance and Economic Research (ABFER) 9th Annual Conference. May 24, 2022.
- Featured on the National Bureau of Economic Research (NBER) homepage. April 15, 2022.
- Featured on the Harvard Law School Forum on Corporate Governance. April 21, 2022.
Cross-Market Manipulation on Derivative Market Expiration Dates (with Chuang-Chang Chang, San-Lin Chung and Pei-Fang Hsieh). 2025. Journal of Derivatives, forthcoming.
Does Corporate Environmental Information Disclosure Mitigate the Cost of Bank Loans: Evidence from TWSE-Listed Companies (with Che-Ming Chang and Pei-Fang Hsieh). 2023. Review of Securities and Futures Markets (證券市場發展季刊), 35(4), 59-102.
The Effect of Corporate Air Pollutant Emissions on Bank Loan Cost: Evidence from the TAIEX Listed Companies (with Pei-Fang Hsieh and Tzu-Yi Yang). 2024. Journal of Financial Studies (財務金融學刊), 32 (4), 1-31.
Interlocked executives’ bad reputation in the labor market (with Ning Tang, Chih-Yung Lin, and Le Quoc Tuan). 2024. Finance Research Letters, 59:104788.
Cracking Down on the Infringement and Counterfeiting: Intellectual Property Rights and Corporate Innovation in China (with Pei-Fang Hsieh and Kun Wang). 2023. Finance Research Letters, 55: 103846.
Recent Development of Small Business Innovation Research (SBIR) Programs in Taiwan (with Pei-Fang Hsieh and Po-Hsuan Hsu). 2024. Annals of Science and Technology Policy, 8(1–2): 96-118.
How does the deterrence of fraud affect firms’ innovation outputs? (with Kun Wang). 2023. Applied Economics Letters, 30(13): 1723-1727.
WORKING PAPERS
“Order Spoofing, Price Impact, and Market Quality.” with Pei-Fang Hsieh and J. Jimmy Yang.
“Mandatory Carbon Disclosures and the Transition of Corporate Production Technologies.” with Pei-Fang Hsieh and Po-Hsuan Hsu.
“Too High to Innovate: Recreational Marijuana Liberalization and Individual Innovation.” with Ning Tang, Pei-Fang Hsieh, and Chih-Yung Lin.
“The Disposition Effect, Election Uncertainty and Rollover Behavior in Derivatives.” with Pei-Fang Hsieh.
CONFERENCE ACTIVITIES (* Presented by Coauthor)
“Bankruptcy Claim Dischargeability and Public Externalities: Evidence from Green Innovation.” with Pei-Fang Hsieh* and Po-Hsuan Hsu. 28th Pacific Basin Finance, Economics, Accounting, and Management (PBFEAM) annual conference. January 7, 2021. National Yang-Ming Chiao Tung University, Hsinchu.
“Environmental Liabilities, Creditors, and Corporate Pollution: Evidence from the Apex Oil Ruling.” with Pei-Fang Hsieh, Po-Hsuan Hsu* and Ross Levine. The Asian Bureau of Finance and Economic Research (ABFER) 9th Annual Conference. May 24, 2022. Singapore.
- Selected paper of research digest.
“Environmental Liabilities, Creditors, and Corporate Pollution: Evidence from the Apex Oil Ruling.” with Pei-Fang Hsieh, Po-Hsuan Hsu and Ross Levine. 2022 International Conference of the Taiwan Finance Association. June 18, 2022. National Yang-Ming Chiao Tung University, Hsinchu.
- Fubon Paper Award.
“Environmental Liabilities, Creditors, and Corporate Pollution: Evidence from the Apex Oil Ruling.” with Pei-Fang Hsieh, Po-Hsuan Hsu* and Ross Levine. The 2nd NTHU Symposium on Sustainable Finance and Economics. August 19, 2022. National Tsing Hua University, Hsinchu.
“The Price Impact from Order Revision: Evidence from Order Spoofing.” with Pei-Fang Hsieh*. 2022 TRIA-FeAT Joint Annual Meeting and International Conference on Risk, Insurance, and Financial Engineering. December 17, 2022. Providence University, Taichung City.
“Price Impact of Order Revisions: Evidence from Order Spoofing.” with Pei-Fang Hsieh* and J. Jimmy Yang. 2023 Korea Finance Association (KFA) and Taiwan Finance Association (TFA) Joint Conference. April 14, 2023. Seoul, Korea.
“Mandatory Carbon Disclosures and Sustainability Innovations.” with Pei-Fang Hsieh and Po-Hsuan Hsu. The 4th NTHU Symposium on Sustainable Finance and Economics. May 12, 2023. National Tsing Hua University, Hsinchu.
“Mandatory Carbon Disclosures and Sustainability Innovations.” with Pei-Fang Hsieh and Po-Hsuan Hsu. 2023 International Conference and Annual Meeting of the Financial Engineering Association of Taiwan. June 16, 2023. National Central University, Taoyuan City.
“Mandatory Carbon Disclosures and the Transition of Corporate Production Technologies.” with Pei-Fang Hsieh and Po-Hsuan Hsu*. 29th Taiwan Symposium on Innovation Economics and Entrepreneurship. November 07, 2023. National Taiwan University, Taipei.
“Order Spoofing, Price Impact, and Market Quality.” with Pei-Fang Hsieh* and J. Jimmy Yang. Cross-Strait Economics and Management Conference. November 10, 2023. Shanghai Academy of Social Sciences, Shanghai.
“Too High to Innovate: Recreational Marijuana Legalization and Individual Innovation.” with Ning Tang, Pei-Fang Hsieh, and Chih-Yung Lin. Accounting Cooperation Forum of Jiao Tong University and the Fifth Annual Academic Conference 2023. November 24, 2023. National Yang-Ming Chiao Tung University, Hsinchu.
- The Second Prize.
“The Disposition Effect, Election Uncertainty and Rollover Behavior in Derivatives.” with Pei-Fang Hsieh*. 2024 Taiwan Finance Association (TFA) and Korea Finance Association (KFA) Joint Conference. April 26, 2024. National Taiwan University, Taipei.
“Mandatory Carbon Disclosures and the Transition of Corporate Production Technologies.” with Pei-Fang Hsieh* and Po-Hsuan Hsu. 2024 International Conference of Taiwan Finance Association. June 07-08, 2024. National Kaohsiung University of Science and Technology, Kaohsiung City, Taiwan.
- Outstanding Award in the Manulife Investment Bank × Aberdeen ESG-Sustainable Investment and Development Paper Award
“Order Spoofing, Price Impact, and Market Quality.” with Pei-Fang Hsieh and J. Jimmy Yang*. 2024 FMA Annual Meeting. October 16-19, 2024. Grapevine, TX.
“Valuation and Development of Green Innovation under Mandatory Carbon Disclosures.” with Pei-Fang Hsieh* and Po-Hsuan Hsu. The 37th Australasian Finance and Banking Conference (AFBC), December 11-13, 2024. UNSW Business School, Sydney, Australia.
“Order Spoofing, Price Impact, and Market Quality.” with Pei-Fang Hsieh and J. Jimmy Yang. 2025 Management Theory and Practice Conference. February 28-March 1, 2025. Bangkok, Thailand.
PROFESSIONAL SERVICES
Journal Reviewer: Research Policy; Finance Research Letters; Taiwan Economic Review; Review of Quantitative Finance and Accounting
Conference Discussant: TFA 2022; FeAT 2023
TECHNICAL SKILLS
Proficient in Stata and SAS for data cleaning and statistical analysis, with experience in handling large tick-level datasets over 7 terabytes (TB).
Familiar with Python programming and MATLAB.