Completed topics 2012
Kwun Nin CHAN, The interactive effects of market-wide limits to arbitrage and investor sentiment on stock returns
Brian CHITTY, Estimating the price setting behaviour of Australian banks in pricing Australian mortgages
Jonathan GRIGG, Private placement returns to participating and non-participating shareholders
JingJing HU, How do the entrepreneurs trade around the IPO
Xinyi HUANG, The impact of imposing value-at-risk regulation on reducing agency costs
Chuxin HUANG, Analyst portfolio set size and profitability of analyst recommendations
Matthew KIDD, Investigating the disappearance of the toehold
Wen Hoong KOAY, Pairs-trading with ETFs: A co-integration approach
Xiao-Ping (Mack) LI, Cash holdings, leverage and its impact on firms' market share during the global financial crisis
Jia Jiun LIEW, Managerial reputation and risk-taking: Gambling on acquisition
Ming De LIM, The role of directors' social networks during the 2007-2008 financial crisis: Evidence from US financial firms
MingHui LIM, Examining regulation effects on corporate governance and firm performance: Singapore evidence
Xinyang Eric LU, Insider trading in Australia: The impact of the global financial crisis and market's reaction to stealth trading and late reporting
Yuyang MAO, Underpricing of second-time IPOs: When withdrawn IPOs return
Andrej MATARUGA, The information content of option markets: Evidence from the Global Financial Crisis
Kevin MEI, The effect of blockholders on firm value: Subsequent ownership changes
Casey MROCKI, Two strikes and you're out: Are shareholders' interests enhanced by the two-strike rule?
Ngoc Thang NGUYEN, Institutional invesstors and acquiring firms' CEO compensation after merger and acquisition
Jia Tian Cindy PHUA, The competitive effects of seasoned equity offerings
Cheng QIU, What's the bright side of natural disasters - better forecast ability: Empirical study of Nikkei 225 index
Kishan RATNAM, Idiosyncratic risk: The pricing of expected and unexpected idiosyncratic volatility in the cross-section of Australian equity returns
Minjie SHI, Role of media exposure on firm's cost of borrowing and leverage ratio
Wei Ying SOH, Inside debt and the maturity structure of corporate debt
Qing SU, The effects of introducing the resource rent tax on mining firms in Australia
Zheren Tracey SUN, Chinese reverse merger: Motivations and consequences
Hua Derrick TAN, Does the level of VC involvement affect investors' returns?
Matthew WAJNGARTEN, Price discovery in the Australian Stock Market post the arrival of Chi-X
YiDan WU, The interaction between independent directors and institutional shareholders in shaping CEO compensation
Dawei XU, Ownership structure and dividend policy: Evidence from Hong Kong
Mengchen YANG, Why are you paying so much? An analysis of abnormally high target termination fee provisions in M&A
Michelle YII, CEO gender differences in risk aversion and the cost of debt
Youwan ZHANG, Relationship between outside directors' compensation and information disclosure
Yudong ZHENG, The impact of CSR on corporate financial performance: A comparison between periods before and after SOX
Zhengzheng ZUO, Divestitures through spin-off and equity carve-out: An earnings management perspective
Completed topics 2011
Zong Hsien AW, Analysis of international diversification benefits: An Australian perspective
Michael Kevin BYRNE, Shopping when hungry - failed bids and subsequent takeover attempts
Joe CHAN, Don't do it - reverse mergers revisited
Kwok Liang CHANG, Default strategy of Australian superannuation funds
Shaun COLLARD, Surprise interest rate movements and Australian industry stock portfolios
Huw CRITCHLEY, The effect of institutional factors on the term structure of Australian commonwealth government bonds
Yonatan CUKIERMAN, The effects of political uncertainty on stock prices
Chuan David GAO, Time varying short horizon return predictability: Australian evidence
Weifan GAO, A comparison between the performance of cross-border and domestic mergers and acquisitions: Evidence from Australian acquirers
Titus Edward GOH, Investor sentiment and cross-sectional predictability in the Australian stock market
Divya GOYAL, Does mud stick? Evidence from the labour market for corporate directors
Zachary HAINES, Economic consequences of proposed changes to the UK takeover code
Ryan Dong Ho HAN, Asset return predictability and investment horizon effect on risk: Australian evidence
Michael HARUT, Nobody knows you when you're down and out: Testing information diffusion and analyst abandonment in Australia
Magan HASSAN, Selective hedging in the Australian gold mining sector
Matthew HOCH, Classic cars: Price determinants and investment charactersitics
Samuel JAPARY, A test of Benjamin Graham's value investing strategies: The case of the Australian market
Edward LIEW, Testing a strategic role of debt in financing takeovers
Steve Cheng LIU, Which is a better proxy for predicting volatility? A comparison of traditional measures and the range-based volatility: Evidence from Australia-US cross-listed firms
William Fong LU, Effect of banking market concentration and competition on banking risk
Jennifer LUI, The superior aftermarket performance of private equity-backed IPOs and its underlying drivers
William MacNAE, Domestic replication of foreign equity market returns
Aaron MAZUR, The sensitivity of optimal dynamic portfolios to parameter uncertainty and other factors
Brayden McCORMACK, Cash holdings and industry growth prospects
Stefan MENSSINK, Information processing and expectations in unstable environments
Shaoqing Louise, QI An empircal investigation of business cycle's impacts on post-takeover returns: Can recessions be good for acquiring company equity holders?
Nira SONAH, Does a Florida freeze increase orange juice price volatility?
Joshua TAN, Market reaction to substitute methods of making one-time cash distributions
Wei Yang Kelvin TAN, Mix evidence? An empirical test on the pecking order and market timing theory of capital structure when they disagree
Li Wynn TAN, The impact of industry environment on the announcement returns from divestitures: Evidence from Australia
Shiyun TANG, Why do firms hold cash? An empirical analysis of corporate cash holdings in Australia
Adrian Hsing TAY, Liquidity risk: Re-examining post-SEO (under) performance
Kin-On THAM, Multiple acquirers in merger waves
James WATSON, Markets or models? The forecasting and measurement of bank risk in Australia
Yanghui WU, The user cost of housing in Australia: Further evidence
Xia WU, Determinants of cash holdings and the value of cash in Australia
Mengdan XIE, What determines shareholder value in the Australian banking sector?
Catherine Zekun XU, Covenant violation, changes in governance, firm investment and risk
Lulu ZHU, The value of cash after 2008 global financial crisis
Yun ZHU, The impact of state foreclosure laws on the residential mortgage lending
Completed topics 2010
Xiang CAI, Ultimate Controller and Corporate Performance: Empirical Investigation of Chinese Listed Companies
Bella Sheung Yu CHAN, Executive Pay, Bank Performance and Risk: An Australian Study
Yun-Jiao CHEN, Do IPO Stocks Really Underperform? An Alternative Benchmark Approach
Nandita Marisa D’SOUZA, The Effects of Deregulation on an IPO Firm’s Acquisitions
Xinyao Bryce GAO, Does the background of CEOs matter? Evidence from Australia
Felix GOZALI, Venture Backed IPOs in the Dotcom Bubble
Claire HEEPS, Approaches to Microfinance: On what basis do Donors Allocate Capital?
Donovan JASPER, Institutional Shareholders and Earnings Management in the Australian Market
Tae Hyun Albert KIM, Bank Lines of Credit and Corporate Governance: An Empirical Analysis
JiaRui LI, An Empirical Investigation into CEO Compensation from M & As
Per MEGURO GULLBERG, The Announcement Effect of Rights Issues and Equity during a Financial Crisis: Evidence from Australia
Cheng Han NG, Primary and scrap metal casualty
Cheng Xun NG, The Asset Growth Effect on the Market Timing Theory and the Impact of Reacquisitions on the Performance of Withdrawn Bidders.
Joshua NG, The Interaction Between Firms’ Product Market Competition and Financing Strategies: The Role of Debt Maturity Choice
Kriss PACHAURI, What is the earnings management response of targets subject to friendly equity-financed acquisitions?
Nicholas RIPPER, Deconstructing the Hedging Premium: The ‘True’ Value of Commodity Risk Management
Christopher SCHODDE, Fact of fiction: Generating Abnormal Returns from Newspaper Stock Recommendations in Australia
Sivanesh SIVARAJAN, Market Assumptions about Governments as Investors: An empirical study of Government-controlled Financial Acquirer investment announcement effects of valuation
Douglas Yee Yao TAN, The Signalling Effect of Dividends and the Global Financial Crisis: Has the market changed the way it perceives dividend announcements as a result of the Global Financial Crisis of 2008?
Matthew TUNSTILL, Convenience Yields in the European Emission Trading Scheme: Are they just hot air?
Yao Wilson WANG, An Empirical Investigation of the Post-Merger Performance of Special Purpose Acquisition Companies
Anna ZHANG, The Market Reaction to the Prolonged Short Selling Ban in Australia
Mengyu ZHOU, An Investigation into the Performance of Dynamic Macro-Hedging
Xin ZHOU, Australia CEO’s risk-taking behaviours and the GFC
Completed topics 2009
Yoon Sang BAE, What determines Capital Structure: Firm-and-Country-Specific factors; Evidence from Asia Pacific region.
Christopher David BURTON, The Accuracy and Bias of Equity Analysts
Melissa Yue CHIN, Investigating the Impact of Contracts For Difference on Option Expiration-day Effects
Woosung Edward CHOI, The empirical examination on the association between analyst reputation and the investment value of recommendations in Australia
Lee James CROSSINGHAM, The Temporal Stability of Swap Spread Determinants
Max Otto ECROYD, Cost Drivers In Australian Fund Management: Survey Evidence
Matthew James FIDGE, Transmission of returns and volatility across international real estate securities markets: A multivariate GARCH approach
Lucas James GODFREY, An Increasingly Risky Allocation: The Australian Managed Fund Industry 1988-2009
Ozcan HASSAN, Testing for an optimal mine life in the gold sector
Choy Yeing HO, Tax-Induced Trading around Important Dates for Off-Market Share Buybacks in Australia
Ying Yi HO, Regulatory Uncertainty and its Effect on Market Reactions to Rate Case Decisions
Yi-Sheng HO, Investor reactions to CEO race and gender: an examination of CEO appointment announcements
Erling Haugan KISE, Efficiency in the Online Sports Betting Market: Evidence from the 2008/2009 FA Premier League
Ling LI, Human Capital Costs of Bankruptcy, Unemployment and Firm Leverage
Richard Xin LIM, 52 Week High Momentum in the Chinese Stock Market
Wei Fen LIM, Who is Afraid of Shareholders? An Empirical Analysis of the SEC’s Proposed Rule Facilitating Shareholder Director Nominations
Adam Nickolas LOIZOU, Credit Ratings and CEO Compensation: Do CEO’s Require Danger Money
Matthew James MILLER, Supplier Return Behaviour after Major Customer Shocks
Ian Cameron MITCHELL, Information Content of Convertible Debt Contract Design
Timothy Dale MONAHAN, How effective are electricity futures in hedging electricity price risk? An investigation into the PJM Interconnection
Hung Ki Keith PANG, Investor Sentiment and Stock Returns: Australian Evidence
Matthew PAWLUK, Maritime shipping costs and Australian industry equity returns
Andrew Run TAN, Can the Purchasing Power of Major Oil Exporting Countries’ Exchange Rates Predict Oil Prices?
Yi Faye TAN, Information Asymmetry and its Effect on Underpricing in Reverse Leveraged Buyouts
Dominic Timothy TAYLOR, Under the hammer: Financial returns & price determinants of the Aboriginal art auction market and its role as an alternative asset
Adrian TOO, What makes barbarians hungry? A study into the relationship between target firm characteristics and transactional pricing behaviour amongst leveraged buyouts
Daniel Ivo VERBLUN, To resume or not to resume? The information content of insider trades around dividend omissions
Yue WANG, Institutional Ownership and Overinvestment
Zai Liang Liam WANG, Who buys whom? A study of the market to book ratio differential between bidders and targets in Australia
Liang YU, Firm Performance, Board of Directors in China’s Split Share Structure Reform
Li-Ren YU, A theoretical investigation into the price & liquidity discover roles played by stockmarket preopening periods in the possible presence of manipulation
Completed topics 2008
Macarius BUCCELLATO, Partially Protected Shares. Are They Correctly Priced?
Lanny CHANDRA, The Effects of the Sarbanes-Oxley Act on the Use of Anti-Takeover Provisions in IPO Firms
Jiahao CHEN, Investor Demand for Dual-listed IPOs and Aftermarket Performance
Raymond Po-Sing CHOO, Value Price Ratios: A Portfolio Approach to Returns Predictability
Wong Yuen CHOW, Candlesticks in Emerging and Developed Futures Markets: Are Two-day Reversal Patterns Predictable and Profitable?
Chamath DE SILVA, Special Purpose Acquisition Companies: Valuing a Blank Check
Xavier Gerard EID, The Profitability and Characteristics of Merger Arbitrage in an Australian Setting
Yen Min GOH, The Accuracy and Robustness of Real Estate Price Index Methods
Sasha Shirley GU, Do Australian banks benefit from Revenue Diversification
Ta-Loong Lyndon HENG, Information Asymmetry and Adverse Selection in Acquisition Markets: The Role of IPO-based Signals and Advisor Reputation
Sarah Amanda HEWER, An Investigation into Private Equity Consortiums
Stephanus HIERONYMUS, The Impact of Cross Delisting on Security Prices and the Cost of Equity
Wenqing Wendy HU, The Impact of Merger Activity on Executive Compensation of Acquiring Firms
Weiliang JIANG, Testing and Comparing Stock Returns Predictability between Dividend Yield Ratio and Total Payout Ratio: The Australian Evidence
Wei Min Edwin KOH, The Long Run Performance of Off-Market Share Buybacks
Jason KORMAN, Underpricing in Private Equity Backed IPOs
Adhi LAKSMANAPUTRA, The Analysis of Cross-Market Dynamics between Gold and Platinum Futures : Evidence from the Toyko Commodity Exchange
Mo Wen LI, Does Hedging Create Value for the Australian Oil and Gas Companies? Evidence from Australian Major Oil and Gas Producers
Fei Zhi LIU, Capital Structure and Managerial Overconfidence
Yi Ling Michelle Joy LOW, Value at Risk of Stock Portfolios: A Practical Alternative to RiskMetrics
Wei Chiang Jason NG, The Effects of Privatisation Activity and Country Risk on Emerging Stock Market Development
James A NUNN, Stock Market-Driven Acquisitions in Australia
Grace Ching Zhen PHANG, Taxes and the Early Exercise of Call Options: Australian Evidence
Daniel SELIOUTINE, A Solution to the Overinvestment Problem Intrinsic to Overconfident Managers
Mitheran SELVENDRAN, Are There Still Benefits from International Diversification? – The Australian Perspective
Wen Ming TAN, The Predicative Power of Australian Morningstar Ratings: Do Morningstar’s “5 star” Rated Funds Offer Greater Net Returns Persistently?
Yu Ki Eric TONG, The Relation Between B/M, Irreversibility and Return: An Explanation of Value Premium
Andrew David TRUMBLE, Options Backdating in Australia
Yun Jung TSAI, The Impact of Increased Derivative Concentration at US Commercial Banks upon the US Financial Sector Risk
Choon Kit Billy WONG, Corruption: Is it Really Bad for Business?
Patrick Boyd WYATT, Dividend in Australia: An Historic Perspective
Jessica XU, The Superior Information and Forecast Ability of Reputable Analysts’ Bold Forecasts over other Forecasts
Yun ZHANG, The impact of Oil Price Shocks on the Stock Returns of Oil Supply Chain Industries
Jian Winter ZHAO, Does Option-based Compensation Promote Bank Risk?
Kai ZHOU, Does market liquidity explain asset pricing? – An investigation through the Chinese discount puzzle
Completed topics 2007
Robert BELL, Style Switching within the S&P 100
Silvia BORZINI, Re-examining the Dual Listed Company Anomaly - A Case Study of BHP Billiton and Rio Tinto
Samuel FELMAN, The Applicability of Fundamental Indexation to the Australia's Banking Sector
Dermot GRIFFIN, Post-bid performance of Takeover Targets Following Withdrawn Bids: Australian Evidence 1990-2004
Kim Seng HO, Homogeneity of the Size Effect Across Industries
Dane KENNEDY, Has Private Equity Changed? Targets of US Leveraged Buyouts in the 1980s and Today
Martin KENNEDY, An Option-Based Re-Investigation of Announcement Period Returns and Signals for Australian Tender Offers
Ashwin KHOTKAR, The Listing of Foreign Firms - The Case of London's AIM
Che Kiat (Diana) LAW, The Influence of Institutional Ownership Composition on the Liquidity Impact of Stock Splits: An Australian Event Study
James LEARNER, Index Returns and the Australian Business Cycle: The Impact on Diversification
Yinan LI, Natural Rubber and Crude Oil Futures on Tokyo Commodity Futures Markets: Cross Market Return-Volume Relation
Xing LIU, Testing the Stock Return Predictability by Debt to Equity Ratio through the Boferroni Q-test
Yik Choong LOH, An Adjusted Lintner Model for 21st Century Australia
Andrew McCUSKER, Multiple Choice? An Industry Level Analysis of Relative Valuation using Multiples
Mila MINDOVA, Effects of Gold Price Hedging on Firm Value in the Australian Gold Mining Industry
Ashley NASIAKOS, The Performance of PIN around Earnings Announcements: Australian Evidence
Daniel NORMAN, Predicting the Share Repurchase Behaviour of Australian Corporations
Monica OCTAVIA, Determinants of Bank Capital Structure in Developing Countries: Regulatory Capital Requirement Versus the Standard Determinants of Capital Structure
SU-Huey (Stephanie) ONG, Intermediaries in the IPO Process and their Impact on Underpricing: What do Investment Banks Truly bring to the Table?
Jia Ning PHUA, Securitisation of Higher Education
Jonathon PLATT, Superannuation: How Saving for the Future Affects the ASX
Diana SARI, Examining the Effect of the G-Index on Firm's Leverage: A Corporate Governance Study
Michael SMOLYANSKY, Cash Financed Acquisitions: The Source of Funds and Acquirer Returns
Sheehan TAN, Correlations Around the Turn-of-the-Year
Ken WONG, The Effect of Non-Executive Financial Directors on Firms' Financial Decisions
Li XIE, Operating efficiencies of Chinese Commercial Banks: An Empirical Investigation
Min YU, Do Takeover Targes Underperform their Competitors? Evidence from Australia on Market Takeovers
Bo ZHANG, Worldwide Equity Market Integration: A Sector by Sector Analysis
Qian ZHANG, A Valuation-Based Test of Equity Market Timing
Completed topics 2006
Tze Chuan ANG , A Multifactor Model of Australian Resource Stock Returns
Nathan ANTONUCCI , Equity Market Integration in the Asia-Pacific Region
Joshua BLAKEY , A Dynamic Analysis of Correlation in Collateralized Debt Obligation Tranches
Matthew BORG , Earnings Management, Acquisitions and Long-Term Shareholder Returns
Kai Jia (Marie) CHANG , Taking a Walk around the Boutiques: A Study on Non-traditional Property Trusts
Rasmus CHRISTENSEN , Option Market Microstructure: The Effect of Re-Denomination on the Options Market
Charng Yen CHUAH , Conditional Heteroskedasticity in the S&P/ASX 200 Index Returns: A GARCH Approach
Sabriyah DENHAM , Warranting Attention: A Retrospective Study of Endowment Warrants
Sean FILMER , The Realised and Implied Volatility Relationship with the Options on SFE SPI 200 Futures
Eugene FUNG , Negative Cash Flows: More Insight into the Effects of Financial Constraints on Cash Flow Sensitivities
Jonathon GAUNTLETT , The Profitability of Combined Momentum Strategies
Jay Jie HUANG , The Dynamic Interaction between Compensation Flows and Long-term Firm Performance: The Case of Acquiring Firms
Zhen Tian HUANG , The Effects of Financial Constraints on Corporate Investment Decisions and Demand for Liquidity: Evidence from Japan
Hung Wa HUI , Wilkins What is the Motive for Venture Capital Syndication? A Re-Examination of the Project Selection and Value-Added Hypothesis
Felix KUSWANTO , The Influence of Executive Stock Options on Multiple On-Market Share Buyback Programs: Australian Evidence
Ka Li LAW , An Examination of the Implementation of the Heston Stochastic Volatility Option Pricing Model
Peng Han LEE , Asian Financial Crisis: A Study of Momentum Trading Strategy
Yan Bin (Kathy) LI , A Time-Series Study of Size and Book-to-Market Factors on US Corporate Bond Returns
Zhu LIU , Announcement Effect of International Dual Listing. A Study of Australian Companies Listed on the Alternative Investment Market
Matthew LUCAS , Underwriter Characteristics and Initial Return Predictability in Large Australian IPO’s
Stuart LUELF , Corporate Bond Spreads and Observed Liquidity: An Alternative to Conventional Liquidity Proxies
Kriti MADAN , Valuing Generator Notes: An Application of A Current Industry Methodology
Nicole MILNER , Corporate Governance Mechanisms and the Cost of Equity in Australia
An NGUYEN, The Regulation of Superannuation
Rebecca PITT , The Effect of RBA Target Cash Rate Announcements on Financial Institution Stock Returns
Katherine POW , Analyst Recommendations and Failing Firms: Are Analysts Biased?
Matthew RYAN , Contagion and Competitive Effects of Analyst Recommendation Changes: Stock Pairs in the ASX 200 and Analysts’ Influence on the Stock’s TWIN
Adam SAUNDERS , Small Bank Case Study: A Real Options Approach to Valuing an Investment in a Basel II-Compliant Advanced Risk Management System
Matthew SIBBISON , Demand Based Index Option Pricing: Examination of a New Dataset
Danny TAN , Risk Neutral Default Probabilities Modelled from Equity and Corporate Bond Yields
Jared TAYLOR , The Announcement of a Share Buyback and the Market Under-reaction: Evidence in Australia
Jeremy THIA , Are Share Buybacks Used as a Means of Managing Earnings? An Australian Study
Mark TURNER , Motives and Incentives for Target Firms: An Investigation into the Role of Valuation, CEO Ownership, Boards and Blockholders
Jie WAN , Analyst Forecast Accuracy: Do Ability, Resource, and Portfolio Complexity Matter? Evidence from Australia
Edward WATERS , Insider Trading and the Profitability of Australian Directors’ Trades in their Own Companies
Rui Qing WEN , Stephanie How Do Board Structures Influence the Post-Issue Performance in Australian IPO Firms?
Andison WINARTO , An Investigation of Applying Splines onto Australian Corporate Bond Credit Spread
WIRAWATI , The Impact of Debt Market Timing on Capital Structure
Ju Kuong WONG , The Informational Content of the S&P 500 Index Options and Interrelation between the Volatility Series
Xin XIE , Tests of Stock Returns Predictability with Dividend Initiation Ratios: Australian Evidence
Wei Yang XU , An Investigation into the Influences of Banking Regulations and Legal Environments on Capital Market Efficiency
James ZHANG , The Study of Liquidity and Signalling Following Security Splits on the ASX
Ying ZHANG , An Investigation of the Investment and Hedging Properties of Commodity Futures Index. Australian Evidence
Yinan ZHAO , Does Australian Low Residential Default Make Sense? Option Pricing of Mortgage Default in Australia
Amy ZHU , The Implications of Information Leakage for the Choice of M&A Advisor
Completed topics 2005
John AGAR , Earnings Quality, Unexpected Volume and Opinion Divergence: A Study of Post-earnings Announcement Drift
Cameron ALLAN , The Effect of Acquisition Strategies on Earnings Growth
Regina Sari BASUKI , An Investigation of the Determinants of Risk Exposures in Australian Gold-mining Industry
James BEAUMONT , Empirical Evidence Regarding the Significance of Idiosyncratic Risk on Australian Equity Returns
Matt BOYLE , Stockholder Reactions to CEO Successions in Large Australian Companies
Xiao CAO , The Implications of Delisting Bias for the Size Effect and the January Effect in CRSP’s Nasdaq Data
Xilu (Nancy) CHEN , Determinants of the Choice of Payment Method: Comparing Australian and Japanese Mergers and Acquisitions
Yen Chu CHOO , Intra-industry Information Transfers in the Australian Banking Sector
James CROWLEY , The Sensitivity of Australian Banking Stocks to Interest Rate and Foreign Exchange Risks: An Event Study Approach
Jessica CURTIS , A An Investigation of Break Fees in Australian Mergers
Andrew DAGLEY , Australian Initial Public Offering Mispricing and Underwriter Market Share and Competition
Ashkan EIMANY , Linear and Nonlinear Exchange Rate Determination using Fundamentals: Evidence from Australia
James FIDLER , Home Bias in Australian Equity Portfolios and Information Asymmetry Effects
Guy FISHER , Is the Dow Jones Predictable?
Harry HONG , The Effect of Media Commentaries on Mergers
Brendan HOUNG , Chih-ha Bid Ask Spread Cost Components and Dual-listed Companies: Rio Tinto, BHP and Brambles
Nge Kong LAI , 52-Week High Momentum in International Indices
Wendy PANG , Marching to a Different Drum: Initial Public Offerings of ASX Listed Property Trusts
Tricia QUEK , The Role of Analyst Recommendations in Mergers and Acquisitions in Australia
Neha RAO , The Impact of Australia’s Recent Corporate Governance Initiatives on Shareholder Wealth: Evidence from Mergers and Acquisitions
David SAKTI , Markov Chain Monte Carlo Simulations of Nonparametric Models of the Australian Short Rate and the Market Price of Interest Rate Risk: An Empirical Study
Gerson SALDANHA , Hedging, Speculating and price Volatility in Commodity Futures Markets
Zuoxin SEAH , Jason 52-Week High Momentum Profits: A Transaction-Costs Based Analysis
Minda SHI , Capital Investment, Tobin’s Q and Stock Market Mispricing – Evidence from Chinese A-B Share Premium
Chia Mei Keiretsu SHIH , Membership, Market Timing and Capital Structure
Stefanie TANUWIDJAJA , Should Terrorism Risk Insurance Act of 2002 be Renewed? An Event Study Approach
Daniel TAYLOR , Who Really Wins in Stock Market Driven Acquisitions?
Aaron TIANG , The Effect of Ownership Structure on Firm Payout Policy: An Empirical Analysis of Australian Firms
Robert TSERIOTIS , An Examination of pricing Dynamics in Housing Markets using Factor Volatilities: Evidence from Sydney
Philip VERRROCCHI , Stock Price Response of Rivals of Takeover Targets and the Source of these Returns
Inggrid YAUWALUDDIN , The Effect of Female Directors on Firm Performance and Risk: An Australia Evidence
Wei ZHANG , Market Sentiment, Divergence of Opinion and Stock Returns
Leyi ZHU , Relative Valuation and Stock Return
Completed topics 2004
David BICKNELL, Operating performance of rights – issuing firms: an alternative analysis of the new issues puzzle.
William BROUGHTON, Co-movement. An empirical analysis of S&P/ASX 200 additions/deletions using a model incorporating behavioural biases.
Jack CHAU, An examination of a mixture of lognormal densities as implied risk-neutral distributions.
Andrea CLIFFORD, The optimal bounds of price earnings ratios.
Nick CONSIGLIO, Share repurchases in Australia: a comparison of two groups.
Andrew CRAMER, Venture capital certification in initial public offerings: Australian evidence.
Ryan GAVIN, Stealth trading: testing for evidence prior to takeover announcements in the Australian equity market.
Anna GRIFFITHS, Do venture capitalists imitate portfolio size?
Ju H’NG, Credit spread dynamics in the Australian corporate bond market.
Matthew HAZELDINE, Applying case-based decision theory to establish predictability in intraday order submission strategy.
Andrew HO, Excess co-movement in the returns of a firm and the industry in which it is classified.
Cheng LAI, Can profit margin, asset turnover and value-price ratios predict returns?
Jeannette LEE, A risky proposition: an empirical investigation into the credit risk impact of the proposed maximum priority of employee entitlements.
Kok Wen LOONG, Liquidity effects of the introduction of single stock futures on the underlying US stocks.
Domenic MALVASO, Risk versus value: an investigation into the role of value factors in a Fama and French asset pricing context for the Australian equity market.
Sarah McCARTHY, Liquidity in Australian equity markets: an investigation of the components that explain the liquidity premium.
Joshua MENDOZA, Australian corporate governance: evidence from CEO turnover after acquisitions.
Jason MURPHY, The persistence of growth and predictability of long-term growth rates.
David NAUGHTIN, Executive stock options and corporate performance: Australian evidence.
Bee Choo NG, The impact of broker recommendation changes on stock prices in Australia.
William O’DAY, Are firms substituting share repurchases for dividends? Australian evidence.
Michael PIANTA, The long-term profitability of the large mergers in Australia (1990-2003).
Neal SARMA, The effect of CEO overconfidence on corporate acquisitiveness and corporate investment distortions.
Andrew SAUNDERSON, Commonality in liquidity. An empirical investigation using the Australia Stock Exchange.
Anthony STAFFORD, Portfolio selection: incorporating sentiment and value (appendix B – program attachment).
Cheow Han TAN, Relative valuation and the contrarian investment strategy.
Tek Jun TAN, An empirical essay into investment sensitivities in Australia using panel data.
Sarah TSAO, The earnings announcement drift: what has sales got to do with it?
Andrew WALTON, Plugging a hole in Black-Scholes: option pricing using Heston’s Stochastic Volatility model.
Scarlett WANG, Co-movement and its implication on diversification.
Kieran WHITTY, Nonparametric modelling of Australian short interest rate dynamics: an empirical study.
Thomas WU, Australian seasoned equity officer: a comparative study of private placements and rights issues.
Xiaosi ZHOU, Corporate diversification and firm value: evidence from Australia – Tobin’s q approach.
Completed topics 2003
Felicity Chan, Probability of Acquisition Success, Takeover Uncertainty and Bidder Stock Price Volatility
Anita Chow, Mispricing and the Probability of the Payment Method and other Takeover Characteristics
Carolina Contreras Duque, Macroeconomic News and Australian Listed Property Trusts
Michael Cotton, An investigation employing uncertainty to explain the time-varying relationship between stock and bond returns in the Australian market
Adrian Dark, An information-based model of momentum
Michael Doyle, Low Exercise Price Options and Individual Share Futures: tests of relative mispricing in the Australian derivatives market
Craig Dreyer, Market Under-reaction to Company Issued Profit Warnings
Fleur Edwards, Attributes of Small Businesses and their Role in Obtaining Equity
Katrina Efthim, The Effect of Taxation on Equal Access Buy Backs in Australia
Adrian Ho, Why do some Privatised Firms Fail?
James Hou, The Impact of the Sumitomo Crisis on the Intermarket Dynamics of the Copper Price and the Role of Traders
Paul Huang, Momentum Strategies and the Business Cycle: Evidence from Australia
Adam Jane, Listed Property Trusts Laying Down the Foundation for an Expansion
Siddharth Khotkar, Applying Case-Based Decision Theory to the determination of initial bid-premia in Mergers and Acquisitions
Brigid King, Charging backwards, stumbling onwards: An assessment of the regulatory framework for calculating the market risk capital charge for Australian banks.
Charles Koo, The Performance of Synthetic Put Portfolio Insurance in Australia
Madeline La, Independence and Hostility: the Effects on Shareholders Wealth
Tony Lee, An empirical investigation into the structure of pre-emptive takeover bids
Stephen Lou, Price discovery in the market for Global Registered Shares: A clinical study
Isabella Luan, The Impact of Share Buybacks on the Long-Term Operating Performance of Australian Firms
James Ma, Pasminco: Mistake or Misfortune?
Stuart Manson, The Comovement of Stocks Within Industry Sectors
Patrick McGlenchy, Dynamic Stock Index Hedging: the optimal breakpoint method
Ignatius Monoang, Is Failure of Takeover Attempts Good News for Shareholders? An Analysis of Returns in Success and Withdrawn Takeover Attempts
Abhilash Mudaliar, The Explanatory Power of Country Risk - An investigation into the explanatory power of country-risk factors on stock market return and volatility performance across 45 nations
Vera Na Ranong, Australian Bank Capital Management - Optimising the Regulatory Ratio
Thomas O'Mara, The Interaction Between Political Risk Premia and Economic Innovations in the Australian Market
Soon-Seng Pang, Finding Relatedness and Time to Synergy
Adrian Poon, ‘Buzz Word’ of ‘Bust Word’ – An Empirical Examination of the Australian Corporate Governance Environment
Daniel Pullen, The Index Effect: An Investigation of the Price and Volume Effects Surrounding Changes to the S&P Australian Indices
Chien Tan, Does the Australian Stock Market go on a Holiday when the US Stock Market Closes?
Fiona Tan, The Value Relevance and Informativeness of Taxable Income
Justin Turnley, An Empirical Investigation of Stock Volatility –The Return Residual at a Firm, Industry and Market Level
Thomas Woolley, An Empirical Investigation of Incorporating Mean Reversion in a P/E Ratio Trading Strategy
Gerry Zhao, How do Options Feel after Extreme Share Price Movements? Testing a Behavioural Explanation of the Implied Volatility Smile in Stock
Completed topics 2002
Jeevaka Abeyasinghe, An Investigation into Value-Price Predictability and the Formation of Portfolios that Generate Superior Risk Adjusted Returns
Stuart Beer, Modifying the residual income valuation model for Australian accounting standards
Kamun Cheong, The effectiveness of central bank intervention in the foreign exchange market: evidence from Australia
Jason Chew, The effect of foreign ownership on shareholder value
Estyn Chung, The link between institutional ownership and dividend policy: Australian evidence
Mark Chung, In search of intrinsic value: mean reversion and predictability in valuation ratios
Rami De Marchi, Isolating mutual fund manager skill
Amanda Goh, When are real options exercised? An empirical study of Australian gold mine closings
Simon Goldman, Investor overconfidence and overreaction to R&D announcements by listed Australian biotechnology and pharmaceutical companies
George Goudas, Macroeconomic news and the source of equity market linkages between Australian and the US
Tariq Haque, Evaluating the performance of Australian-based equity funds using time-varying alphas and betas
Kevin Hee, The effects of consideration structure and bid characteristics on acquirer returns in takeovers of private versus public firms
Luke Ho, Anticipation of index funds trading in response to the inclusion of newly listed securities on the all ordinaries index
Jack Hoi, Style in Australia. An empirical exploration of investment style consistency in the wholesale Australian share fund market
Brendan John, Analysis of the effect of warrant expiration on the underlying stock
Glenn Johnstone, Reset preference shares. Capital structure implications, pricing and empirical analysis
Peter Kalogeratos, Chaos and the logistic equation applied to foreign exchange rates
Martin Krauskopf, Investigating the presence of audit permia in share prices: the demise of Arthur Andersen and its effect on market returns
Boon Hui Lee, An examination of cash management trusts (CMTs) performance
Jason Lew, Shareholder wealth effects of private placements: evidence from Australia
Robert Lin, The long run performance of equity-issuing international cross-listings
Leo Lovius, Putting the market on the market: why are stock exchanges demutualising?
Nicholas Michaelides, Predicting returns amidst high volatility
Pauline Nguyen, An empirical investigation of abnormal trading volume and abnormal open interest around earnings announcements in the ASX options market
Mary O'Connor, Do short-run and long-run demand curves of equity slope down?: analysis of the price and volume effects around the free float of the S&P/ASX200 index
Jon Oh, Option-adjusted credit spreads of floating rate notes: an empirical investigation
Panagiotis Papadakos, Senior-management turnovers: new Australian evidence
Dubravko Penyalow, The Valuation Effects of ASX Corporate Name Changes
Junie Pong, Do hostile takeovers affect performance? An analysis of the effects on shareholder wealth and operating performance
Daniel Romano, The effects of short selling restrictions on dynamic hedging using futures contracts
Shefali Saldanha, An investigation of momentum trading strategies in the Australian market
Leap Sok, Empirical tests of market underreaction to Australian on-market share buybacks
Mervin Song, Tax arbitrage? The difference in the ex-dividend drop-offs of Australian stocks and their ADRs with the impact of the 45-day rule
Sashikala Sri Kantha, An empirical investigation of tradeoff and pecking order predications about dividends and debt: Australian evidence
Martin Stavrev, The payoff to a white knight
Olga Sviatochevski, Stress testing of superannuation portfolios
Clifford Wong, Are Australian investors possessed by the disposition effect? A contemporary volume analysis
Yii Hui Wong, Carve-outs, corporate focus and management compensation – an examination of the long-term returns and operating performance of the carve-out
James Wright, An empirical analysis of returns to small investors from trading on publicly available information
Soon Chin Yeoh, Risk arbitrage returns and spreads in Australia
Completed topics 2001
Ivailo Arsov, Contingent Claims Analysis of Deferred HECS Liabilities.
Lin Yi Bi, Individual Trading Volume Lead/Lag Relations between the ASX and ASX Option Market for Eight Selected Stocks.
Ally Bonakdar, Corporate Diversification and Effect on Firm Value.
Jeremy Bostock, How do Australian Equity Values Change Due to the Offer of Convertible Notes?
Terence Chang, The Information Content of Special Dividends: Australian Evidence.
Stuart Connell, Valuation of Petroleum Reserves: A Real Options Approach.
Sophearom En, Nonlinear Dynamics, Chaos and Predictability in the Australian Stock Market.
Jonathan Garland, The Divergence and Credit Ratings Effects of Spin-Offs.
Hayden Gaunt, Under and Overreaction to Market Signals: Implied Terminal Values and Consensus Forecasts.
Tom Grzyb, Internet Firms: Back to Fundamentals?
Frank Heckes, The Graveyard in the Sky: A Behavioural Inquiry into the Existence, Formation, and Persistence of Price Barriers.
Edwina Ip, Intra-Industry Effects of Cross-Border Acquisitions in Australia.
Thomas Irvine, An Empirical Investigation into the Impact of Online Trading Upon Stock Price Dynamics.
Charlie Jung, Dividend Reinvestment Plans and their Impacts on Shareholder Wealth.
Michael Kelly, Income Securities: Yield Spreads, Pricing and the Impact of Regulation.
Chern Ling Kok, Firm Characteristics, Dividend Increases and On-Market Share Buybacks: New Australian Evidence.
James Lord, An Investigation into the Employment of Multiple Australian Equity Funds of the Same Style.
Min-Jie Lou, Executive Compensation and Corporate Performance: Australian Evidence.
Andrew Mcgregor, Informed Trading in Options Markets Prior to Takeover Announcements.
Shaun Mckinlay, Is Volatility Risk Priced in the SPI Futures Option Market?
Vivek Miranda, The Rreverse Role of Executive Stock Options in Share Buybacks and Market's Response.
Patrick No, Style Investing: Incorporating Growth Characteristics in Value Stocks.
Dominic Picone, Integration of the Australian Equity Market: An Examination of the effect upon Dual-Listings.
Esmond Smith, Artificial Neural Networks: A Comparative Analysis of Performance.
Nicholas Speer, Insider Trading around Annual Earnings Announcements.
Victor Tan, Exchange Rate Shocks, International Competition and Common Industry Impact: A US - Australian Industry Analysis of Stock Returns.
Fraser Thompson, Firm Survival in the Internet Industry: How to Tell the Baby from the Bath Water with dot-coms
Liang-Liang Tiong, The Eruo Currency Effect: An Investigation into Structural Changes and Currency Risk Exposure for Banks.
Yeun Ling Wee, An Empirical Investigation of Stocks from Different Industries using a Disaggregate Approach.
Wayson Wong, Foreign Mergers and Acquisitions and Exchange Rate Dynamics.
Wei Yue, Exploring the Relevance of the Hedging Pressure Risk in the Futures Markets: An Investigation on Normal Backwardation in Futures Market via the Hedging Pressure Theory.
Completed topics 2000
Jayan Balakumar, The Impact of the New Business Tax Reforms on the Dividend Policy of Listed Companies - A Tax Clientele Study.
Damian Beare, Do Merges Improve Corporate Performance?
Jaideep Bedi, "I SPI with my Little Eye" An Empirical Investigation into Expiration Effects in SPI Futures Contracts.
En Te Chen, Ex Ante Expectation on Use of Proceeds and the Underpricing of Initial Public Offerings.
Yu Min Chua, Analyst Recommendations in Australia: Information Gathering and Investment Banking Relationships.
Mageret Ely, Futures Hedging Methodologies with Application to the Malaysian Market.
Amelia Fincher, Biotechnology Valuation: A Real Options Model.
Guy Grossbard, The Great Australian Pie: An Analysis of PIE Warrants.
Jonathan Holroyd, An Exploration of the Evidence Surrounding the Effects of Heuristics on Investor Behaviour; and a New Theory of Investor Sentiment.
Phillip Ingle, An in Depth Analysis of Option Contract Adjustment Procedures.
Steven Katz, Predicting Takeover Targets: An Analysis of the Relationship between Financial Attributes, Takeover Premiums and the Likelihood of Target Acquisition.
Tamasin Kenzie, Valuation Considerations in the Licensing of Biopharmaceutical Drug - A Real Options Approach.
Nicole Lightfoot, Agency Problems in Australian Managed Funds: Retail vs Wholesale Funds.
Su-Ping Liu, The Impact of Mega Mergers on Industry Competitors.
Wai Ki Liu, The Impact of Macroeconomic Announcements: A Cross-Sectional Analysis of Different Industries.
Tim Low, Re-Examination of the Size Effects in Australia: The Effects of Industrial Classification.
Gilbert Ng, Modeling the Impact of Volatility Risk in the Return Generating Process.
Andrew Nolan, Measuring Behavioural Risk Factors in Australian Equity Booms.
Stephen O'Shaughnessy, The Effect of Tax and Legislation Changes on the Market Value of Dividends and Franking Credits.
Kunal Panchal, An Analysis of Failed Merger Bids and their Impacts on Rivals.
Rhys Petheram, The Financial Performance of Ethical Screening in Australia.
Graham Strain, The Impact of Index Fund Trading and the Effects of Changing the ASZ Index.
Jean Tan, Momentum Investing in Australia.
Steve Tan, Do Equity Price Premia Predict Political Risk?
Wynne Tan, Another Look at the Small Firm Anomaly: The Australian Evidence.
Anna Taylor, Book Building vs Fixed Price Offers: An Analysis of the Effect of Information Asynnetry in Underpricing in the Australian IPO Market.
Desmond Tsui, An Investigation on the Profitability of Contrarian and Momentum Strategies within an International Context - A Case between Australia and Us
Matthew Wilson, Case Study: The Value Drivers behind Internet E-tailer Companies in 2000.
Completed topics 1999
Yianni Agisilaou, Mining .com.au - Price and Variance Effects of Diversification into Technology by Resource Companies: A Behavioural Analysis.
Anthony Carpenter, Modelling Credit Risk.
Ben Chen, Empirical Analysis of Alleged Manipulation Attempts and Government Intervention on HK Stock and Futures Markets in August 1998.
Hugh Keat Cheung, Time Varying and Higher Moment Alternatives to Black-Scholes.
Davin Chow, Directors Trades and Market Efficiency.
David Colosimo, Factors Effecting the International Covariance Matrix.
Timothy Davies, Timing the Market through the use of a Market Volatility Index.
Grant Dixon, Herding, Momentum and Corporate Governance - Aust Hedge Funds.
Catherine Grooves, Is the Risk Return Relationship Constant?
Adam Houghton, Growth Opportunities and the Method of Payment in Acquisitions: An Australian Study.
Christopher Hudson, Impact of Fund Managers Trading Activities on Stock Prices.
Alex Leung, Why Investors Dislike Australian ADRs.
Mark Lorkin, Earnings Management and the Long Run Performance of Initial Public Offerings.
Mel Lum, A Test of Integration vs Segmentation and the Effect of Dual Listing: Evidence from the Malaysian Equity Market.
Wai Yin Mah, An Examination of the Price and Quantity Dimensions of Market Liquidity for the Long Gilt Futures Contract.
Renato Mota, Share Buybacks and Signalling of Earnings and Risk.
Sujay Nair, Divest or Not to Divest: Impact or Stock Options Plans on Project Entrapment.
Anne-Marie Neagle, Sectoral Herding in Australian Mutual Funds.
Anna Neradovich, Systematic Investigation of Momentum and Contrarian Trading Strategies that are Followed by Traders in US Internet Stocks.
Christopher Osborne, The Simulation of Like-Like Market Data from Behavioural Rules.
Matthew Ross, Information Associated with Share BuyBacks: Firm Specific or Industry Wide.
Sabatino Silveri, Volatility Forecasts in the Warrants Market.
Nicholas Sims, Directors Response to a Tender Offer: Do Independent Boards Increase Target Shareholder Wealth.
Michael Sommers, Pricing Credit Risk in Australian Semi-Government Securities Using Reduced Form Models.
Jonathan Spitzer, An Alternative Approach to Pricing Lookback and Barrier Options.
Anthony Sutton, A Study of the Optimal Re-Balancing for Hedging using Short Term Interest Rate Futures.
Stuart Vinson, Protecting Underwriter Reputation.
Michael Winterburn, Ownership Structure and Economic Performance: The Demutualisation of Building Societies.
Terence Wong, Stock Price Effects Associated with Changes in Index Composition.
Completed topics 1998
Anu Agarwal, Reduced Form Models: Operationalisation and Empirical Analysis.
Vanessa Alpins, Australian Share Issue Privatisations and the Tender Offer Process.
Daniel Avramides, Volatility Forecasting and the Efficiency of the SPI Futures Option Market.
George Batsakis, How Firm Characteristics Affect the Emphasis Placed on Executive Share Options: An Agency Perspective.
Julian Buckley, The Determining Factors of Premiums Paid in Bank Mergers: A Case Study Analysis.
Andrea Burgess, Testing the Role of Skewness in Tournaments in the Australian Retail Equity Trust Market.
Timothy Calnan, The Impact of P/E Ratios and Divided Yields on Investor Expectations: An Event Study using Implied Probability Density Functions.
Jonathan Chan, Market Efficiency and Overreaction in the Hong Kong Stock Market: Can a Contrarian Trading Strategy Beat the Market?
Michael Chan, Interaction between Exchange Rate and Stocks: An Analysis of Volatility.
Rosemary Chan, A Comparative Performance Evaluation of Value-At-Risk Models on Option Portfolios.
Adam Chandler, The Adjustment of Forward Rates in Response to CPI Announcements.
Cynthia Cochrane, Margining Efficiency and Prudentiality at the Sydney Futures Exchange.
Michael Crocker, Do Australian Mutual Fund Managers alter the Riskiness of their Portfolios in Response to Mid-Year Performance?
Matthew Davison, The Predictive Value of Analyst Consensus Earnings Forecasts.
David Feldman, The After-Market Performance of Seasoned Equity Issues.
Joanna Gilligan, The Macmillan Model and Valuing the Right to Exercise Early for American Put Options on Non-Dividend Paying Stocks.
Shane Gong, Compensation Factors Driving Demutualisation: A Managerial Entrenchment Perspective.
Rick Impala, Estimation of Optimal Hedge Ratios and the Effectiveness of Constant and Dynamic Hedging Strategies using Short-Term Interest Rate Futures.
Matthew Iser, IPO Underpricing and Underwriter Reputation: An Alternative.
Chang Han Joo, An Empirical Analysis of the Composite Valuation: Residual Income and Price-Earnings Ratio.
Wayne Kenafacke, Managed Investment Performance Comparisons; Investor Reaction and it's Implications.
Steven Lambeth, The Effects of Financial Leverage and Firm Size on the Relation between Stock Returns and Volatility: A Firm-Level Analysis.
Amy Lee, Informational Efficiency of the Hang Seng Index Futures Contract.
Vivienne Leong, Credit Unions: Is EVA Relevant?
Crystal Lin, A Comparative Analysis of the Wealth Effects at the Announcement of International Joint Ventures in China.
Christine Lye, Market Comparable Models: An Empirical Investigation.
Joshua Mckean, An Analysis of the Wealth Transfer Device in an On-Market Share Buyback: An Option Pricing Approach.
Wayne Ngo, Volatility and Block Trades: Testing for Further Evidence of the Overhang.
Jack Ong, Currency Hedging Implications to International Equity Portfolio Performance in the 1900s: An Australian Perspective.
Martin Paino, Using an Implicit Finite Difference Model to Estimate American Put Option Prices Under the Assumption Stock Returns Follow a Poisson Process.
Timothy Pietsch, Why Does Ethics have a Zero Price?
Peter Poulos, Spill Over Effects vs Mispricing.
Simon Rutherford, A Test of Efficiency for the Share Price Index Futures Options Market using Variance Forecasts.
Karl Smith, Motivations, Synergy and the Premium Paid in Takeovers.
Brendan Sproules, Modelling Endowment Warrants using Alternative Stochastic Processes.
Saktiandi Supaat, Volatility Forecasting Techniques Used in Value at Risk Models and Common Volatility Processes: Analysis of the Singapore Equity Market.
Christopher Whitelaw, Do Installment Warrants offer "Value" to Investors?
Karen Wong, Tactical Asset Allocations: Does it Work in Australia?
Matthew Yim, The Long-Run Performance of Acquiring Firms.
Completed topics 1997
Geoffrey Blades, A Re-Examination of the Wealth Effects of Interfirm Tender Offers: An Option Pricing Approach.
Roland Broda, Testing for Evidence of Stealth Trading before Australian Earnings Announcements.
Simon Buskens, Do Brokers Move Stock Prices? A Longitudinal Analysis of Recommendations.
Terry Charalambous, The Motives for Takeovers: Australian Evidence.
Keiren Charles, Directors' Decision to Defend: An Empirical Examination of the Returns to Target Shareholders of Defended Takeovers.
Victor Cheung, A Fresh Look at Myers' Pecking Order Theory of Capital Structure: The Case of Australian Firms.
Tuan Shew Chng, An Intra Day Investigation into the Dynamics of Volatility Transmission Across Parallel Markets Operating on the Sydney Futures Exchange.
David Cibura, The Closed-End Fund Puzzle.
Richard Connell, Recovery of Implied Interest Rate Probability Density Functions from Interest Rate Futures Options.
Susan Cook, The Tender System for Capital Raising in Australian Equity Markets.
Luke Davidson, An Empirical Examination of Alternative Currency Hedging Strategies for International Equity Portfolios.
Weng Keat Foong, The Short-Term Zero-Cost Contrarian Strategy in the Australian Context.
Daniel Goh, Performance Measurement and Persistence on Australian Funds.
Simone Govic, An Empirical Analysis of Economic Valued Added (EVA): A Comparative Examination of Valuation Metrics.
Thomas Hodgson, The Diversification Question: A Longitudinal Study of Corporate Diversification in the Period 1990 - 1996.
Thomas Ko, The Information Content of Companies Announcing On-Market Share Buy-Backs in Australia and the Actual Share Reacquisition.
Wen Yee Lee, An Examination of the Benefits of International Diversification - A Study Between Singapore and Australia.
Hoa Quoc Ly, Evaluating the Performance of Value at Risk Models Using Historical Data.
Mary-Anne McLeod, Perforamce Persistence and the Predication of Cash Flows: Are Mutual Fund Investors Rational?
Long Ngo, Modelling the Discounted Dividend Growth Rate in the Midst of Dividend Taxation Change.
James Olsen, Default Risk in the Australian Swap Market. Identification and Measurement.
Brian O'Reilly, Time Variation in the Domestic Equity Correlation Matrix.
David Potaznik, Capital Plus Warrants: An Analysis of a Derivative Security.
Richard Rose, International Dual Listing: Where are the Benefits?
Simon Rose, Valuation of Contingent Claims in Infrastructure Projects
Chin Yee Tan, Market Timing and Equity Market Anomalies: A December Effect?
Charles Taylor, The Signalling Power of Australian Share Buybacks.
Natasha Tsykin, An Investigation of the Static and Dynamic Informational Efficiency of the All Ordinaries Share Price Index Futures Contract.
Robert Van Aalst, Is the Commonwealth's Current Debt Management Strategy Consistent with Long-Term Cost Minimisation?
Kenneth Wan, The Size Effect in the Managed Fund Industry. Elicitation of Economies of Scales?
Gary Wong, An Examination of the Short-Term Contrarain Investment Strategy in the Australian Equity Market. Do Australian Investors Overreact?
Completed topics 1996
Mun Har , The Performance Persistence of Australian Superannuation Funds.
Nicholas Bienkowski, The International Bidder Effect: Do Australian Shareholders Earn a Higher Return when the Ultimate Acquirer is Foreign?
Nathan Butterworth, Evidence on the Determinants of Takeover Outcomes and the Predictive Ability of Logistic Models.
Matthew Cain, The Role of Underwriter Reputation in the Pricing of IPOs and Subsequent Seasoned Equity Offerings.
Adam Elder, The Evaluation of Volatility Forecasts in an Economic Value Framework.
Paul Francis, Block Transactions - Evidence of an Overhang Effect.
Rodney Fraser, Which Security Analyst Recommendations Result in the Largest Cumulative Abnormal Returns? A Cross Sectional Analysis.
Sung Dae Hong, Concurrent Economic Information and Relative Efficiency in the Australian Stock Market.
Ivy Hsieh, The Study of Bid and Ask Spread Bias and Non-Synchronous Effect in the Event of Unseasoned New Equity Offerings on the Australian Stock Exchange.
Winnie Hui, Understanding Fees, Certification, Relationship Specific Assets and Underwriter Retention.
Dinah Jowett, Valuation of Employee Share Options in Australia.
Andrew Lannen, Contrarian Investment, Extrapolation and Risk Evidence of Overreaction to Earnings Information in the Australian Equity Market.
Paul Lee, The Effect of Changes to Dividend Franking Levels on Security Returns, Payout Ratios, and Dividend Growth.
David Lewis, Acquisition or Divestiture? Management Response to Competitive Pressures.
Scott Mcgibbony, Ex Ante Uncertainty and the Underpricing of Equity Care-Outs in Australia.
Warwick Newell, Reconciling Dividend Reduction Signals and Subsequent Earnings Performance within an Australian Market Context.
Cianta Seneviratne, International Joint Ventures vs Domestic Joint Ventures: A Comparative Analysis of the Valuation Effects of Joint Venture Announcements on Shareholder Wealth.
Yar Ping Soo, Equity Duration and the Performance of Australian Stocks.
Oon Geok Tan, Differential Information Hypothesis and the Performance of Non Underwritten IPOs.
Kar Mei Tang, Modelling Volatility in the Malaysian Stock Market.
Alvin Teh, A Comparison of the Wealth Effects from International and Domestic Acquisitions: The Case for Australian Acquiring Firms.
Paul Wirjawan, Time Varying Volatility in Arbitrage-Free Term Strucuture Model.
Man Li Wong, Do Windows of Opportunity, Firm Characteristics and Market Conditions Affect the Price Reaction to Rights Issue Announcements?
Sally Yeh, Comparison of the Constant and Dynamic Hedge Models with the Presence of Transaction Costs in the Futures Market.
Completed topics 1995
Justin Bailey, The Shore Reaction of Australian Common Stocks to Announcements of International Joint Ventures
Edward Burley, The Role of Asymmetric Information and Underwriter Reputation in Australian Rights Issues
Simon Chan, The Impact of Options Introduction on the Empirical Relationship Between Returns and Trading Volume
Ze-Min Chua, Bank Branch Efficiency and Economies of Scale: A Study of Translog and Data Envelope Analyses
Bindusri De Silva, The Impact of Dividend Imputation Tax System on Trading Volume, Corporate Leverage and Volatility
Tanuja Doorjun, A Regression Analysis of the Effects of Option Introductions on Stock Variances in Australia
Nicholas Fay, The Pricing of Underwriting Risk in Initial Public Offerings: Australian Evidence
Greg Jason, The Role of Accounting Based Performance Measures in the Education Sector
Alison Lam, Capital Market Integration Pre and Post Deregulation: Evidence from the US and Australian Stock Markets
Wai Keong Lam, Further Evidence on the Black-Scholes Pricing Model: Does Heteroscedasticity Matter?
Tuck Lok Lau, Modelling Mean Reversion in the Price Earning Ratios of Firms
Janine Lewis, Managerial Performance, Motives, and Gains During Takeovers: Australian Evidence
Nicholas Lilley, The Reaction of Australian Interest Rate Markets to the Announcement of Economic Variables
Augustine Lim, The Relationship Between Information, Trading Volume, and Stock Market Volatility
Justin Loke, An Investigation into the effects of Beta Nonstationarity on Optimal Portfolio Weights
Jason Louey, The Operating Performance of Initial Public Offering Firms
Christopher Pearce, Testing the Behavioural CAPM
Lawrence Peh, Earnings and Dividends: Interaction Effect
Christopher Sleep, The Australian Stock Market Reaction to Economic News: In Intra-Daily Analysis
Amber Stoney, Earnings Management by Gold Mining Companies Affected by the 1991 Gold Tax
Jamie Strauch, The Impact of the Australian Dividend Imputation System on the Corporate Capital Structure
Eric Wong, Further Evidence on IPO Returns and Subsequent Equity Offerings
Kevin Wong, Options on the SPI Futures Contract: A Comparison of the Predictive Ability of the Black-Scholes Model and the Lee-Rao-Auchmuty Model
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Completed topics 1994
Daniel Allison, Tax Induced Clientees: An Evaluation of the Australian Evidence
Lewis Apostolou, Rights Issues and Wealth Redistribution
Adam Caplan, Psychological Pricing Barriers in Australian Stock Indices
Hamish Carlisle, Takeover Announcements, Acquiring Firms and Programs of Acquisitions
Darren Crawford, Interaction of Earnings and Dividends: Some Further Evidence
Arne Dimpfel, Experts' Reports and Control Premia in Australian Takeovers
Timothy Emonson, Dividend Reinvestment Plans (DRP's) - An Examination of Returns During a DRP's Averaging Period
Jonathan Farrer, Setting Discount Rates Under Australian Dividend Reinvestment Plans
Avi Gilboa, An Analysis of the Information Content of Independent Expert's Report in Australian Takeover Bids
Timothy Heaton, Volatility Estimation and the Valuation of American Call Options on Dividend Paying Stocks
Vanessa Jackson, An Empirical Investigation into the Marketing Timing Activities on Australian Superannuation Fund Managers
Christian Johnston, The Information Effects of Right Issue Announcement and Prospectus Release
Mark Lewis, The Information Content of Preliminary Final Earnings Announcements
Fiona Mcintyre, Determinants of Capital Structure: Australian Evidence
Damien Mitchell, The Initial Performance of Resource and Industrial Based Initial Public Offerings
Daniel Olivieri, Information Efficiency of Implied Volatility and the Release of Preliminary Earning Statements
Amir Paluch, A Study of Discounts in Private Equity Placements of Bidder Firms
Andrew Pennycuick, Tobin's Q and the Post-Acquisition Performance of Bidder Firms
Philip Pepe, A Causality Test of International Stock Market Relationships
David Stegehuis, Currency Exposure in Australian Gold Stocks
Simon Wilson, Measurement Issues and the Long Run Performance of Initial Public Offerings
Daniel Wise, The Impact of Domestic Joint Venture Announcements on the Common Stock Returns of Australian Resource Sector Companies
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