Department of Accountancy and Graduate Institute of Finance, NCKU

• Ph.D., Finance, Louisiana State University, August 2003

• M.B.A., Finance, University of Missouri - Columbia, December 1997

• B.B.A., Business Administration, Tunghai University, June 1993

• National Cheng Kung University

   Distinguished Professor, August 2016 – present

   Professor of Finance, August 2012 – present

   Associate Professor of Finance, August 2008 – July 2012

   Assistant Professor of Finance, September 2007 – July 2008

• Massey University

   Senior Lecturer in Finance, June 2004 – September 2007

• Texas Tech University

   Visiting Assistant Professor of Finance, August 2003 - May 2004

• Louisiana State University

   Graduate Instructor (with full responsibility), Summer 2001 - Summer 2002

   Research Assistant, Spring 1999 - Summer 2003

“Do Firms Hedge with Foreign Currency Derivatives for Employees?” (with H. Huang and Y. Zhang), Journal of Financial Economics, Vol. 133, No. 2, 418-440, August 2019.

“Do Debt Covenant Violations Serve as a Risk Factor of Ineffective Internal Control?” (with J. Guo and Y. Zhang), Review of Quantitative Finance and Accounting , Vol. 52, 231-251, January 2019.

“Does Corporate Derivative Use Reduce Stock Price Exposure? Evidence from UK Firms” (with M. Kabir, Y. Zhang), The Quarterly Review of Economics and Finance, Vol. 65, 128-136, August 2017.

“The Effect of Employee Treatment Policies on Internal Control Weaknesses and Financial Restatements” (with J. Guo, Y. Zhang, and N. Zhou), The Accounting Review, Vol. 91, No. 4, 1167-1194, July 2016.

“Foreign Ownership and Real Earnings Management: Evidence from Japan” (with J. Guo, Y. Zhang, and N. Zhou), The Journal of International Accounting Research, Vol. 14, No. 2, 185-213, Fall 2015.

“Does the Value of Cash Holdings Deteriorate or Improve with Material Weaknesses in Internal Control over Financial Reporting?” (with J. Guo, T. Ma, and Y. Zhang), The Journal of Banking and Finance, Vol. 54, 30-45, May 2015.

“Does Enhanced Disclosure Really Reduce Agency Costs? Evidence from the Diversion of Corporate Resources” (with Y. Zhang), The Accounting Review, Vol. 87, No. 1, 199-229, January 2012.

“The Economic Consequences of Banks’ Derivatives Use in Good Times and Bad Times” (with K. Cyree and J. Lindley), The Journal of Financial Services Research, Vol. 41, No. 3, 121-144, June 2012.

“Do Artificial Income Smoothing and Real Income Smoothing Contribute to Firm Value Equivalently?” (with Y. Zhang, D. Deis, and J. Moffitt), The Journal of Banking and Finance, Vol. 33, No. 2, 224-233, February 2009.

“Ethical Management, Corporate Governance, and Abnormal Accruals” (with T. Louwers, J. Moffitt, and Y. Zhang), The Journal of Business Ethics, Vol. 83, No. 3, 469-487, December 2008.

“The Influence of Firm- and CEO-specific Characteristics on the Use of Nonlinear Derivative Instruments” (with H. Ryan and R. Wiggins), The Journal of Financial Research, Vol. 30, No. 3, 415- 436, Fall 2007.

“An Empirical Analysis of Multi-Period Hedges: Application to Commercial and Investment Assets” (with J. Hilliard), The Journal of Futures Markets, Vol. 25, No. 6, 587-606, June 2005.

“On the Uniformity of Investment Banking Spreads: The Seven Percent Solution is not Unique”, (with A. Butler), The Journal of Multinational Financial Management, Vol. 13, No. 3, 265-272, July 2003.

“Internal Control over Financial Reporting and the Value of Corporate Liquidity”
American Accounting Association Meetings, Washington, DC, 2012

“The Value of Derivatives Use and Corporate Governance”
Financial Management Association Asian Conference, Queenstown, New Zealand, 2011

“Does Hedging Affect the Valuation of Seasoned Equity Offerings?”
American Accounting Association Meetings, San Francisco, CA, 2010
Financial Management Association, New York, NY, 2010

“Does Enhanced Disclosure Really Reduce Agency Costs? Evidence from the value of Corporate Cash Holdings and Dividends”
American Accounting Association Meetings, Anaheim, CA, 2008
China International Conference in Finance, Dalian, 2008