Papers accepted for presentation at 2017 CAFS
Aim and scope
The Chulalongkorn Accounting and Finance Symposium (CAFS) is jointly organized by the Department of Banking and Finance, Department of Accountancy, and the Research Division of Chulalongkorn Business School. The CAFS serves as a platform on which faculty members in the Department of Banking and Finance and the Department of Accountancy present their research papers and receive critiques from high-caliber researchers and interested participations.
The scope of the CAFS encompasses original theoretical and empirical research papers that offer new insights and policy implications in all areas of accounting and finance. All submitted papers are peer-reviewed.
The leading international peer-reviewed journals in which the CAFS papers have been published include: Journal of Finance; Accounting Review; Journal of Financial and Quantitative Analysis; Journal of Corporate Finance; Financial Management; Journal of Banking and Finance; Journal of Empirical Finance; Insurance: Mathematics and Economics
Papers discussed at past CAFS (selected)
Contingent Capital: The Case of COERCs
Do audit opinions reflect earnings persistence?
Does corporate governance predict future performance? Evidence from Hong Kong
The effect of mandatory IFRS adoption on international cross-listings
Governance reform and IPO underpricing
Information content of earnings announcements: Evidence from after-hours trading
Legal opportunism, litigation risk, and IPO underpricing
Optimal investment and consumption when regime transitions cause price shocks
Portfolio selection with qualitative input
Quadratic transform approximation for CDO pricing in multifactor models
Systemic liquidation risk and the diversity-diversification trade-off
A trade-off in corporate diversification