ORCID Profile
0000-0003-2323-1242
Current Organisation
Griffith University
Does something not look right? The information on this page has been harvested from data sources that may not be up to date. We continue to work with information providers to improve coverage and quality. To report an issue, use the Feedback Form.
In Research Link Australia (RLA), "Research Topics" refer to ANZSRC FOR and SEO codes. These topics are either sourced from ANZSRC FOR and SEO codes listed in researchers' related grants or generated by a large language model (LLM) based on their publications.
Building | Building Construction Economics (Incl. Quantity Surveying) |
Publisher: World Scientific Pub Co Pte Lt
Date: 09-2015
DOI: 10.1142/S0219091515500149
Abstract: This study examines the pre-holiday effect in the Chinese stock market. It provides new insights into the weak-form efficiency of China's equity market indexes. Using the GARCH (1,1) model, we find the pre-holiday effect in broad-based Chinese stock returns and in size, value and growth style indexes. Further analysis using a GARCH (1,1)-M model suggests that the pre-holiday effect at both market and industry/sector levels can be attributed to time-varying risk. We show the pre-holiday effect reflects abnormal returns in small-cap, large-cap and growth style indexes while this same effect reflects compensation for bearing risk in value stocks.
Publisher: Springer Science and Business Media LLC
Date: 09-2013
DOI: 10.1057/FSM.2013.19
Publisher: Elsevier BV
Date: 03-2020
Publisher: Informa UK Limited
Date: 04-05-2019
Publisher: Elsevier BV
Date: 09-2023
Publisher: Elsevier BV
Date: 06-2021
Publisher: Elsevier BV
Date: 12-2021
Publisher: Emerald
Date: 28-10-2014
DOI: 10.1108/JIEB-01-2014-0003
Abstract: – The purpose of this paper is to comprehensively review one ex le of academic-industry cooperation, namely, the partnership arrangements between the CFA Institute and universities around the globe. There is a scarcity of literature relating to academic-industry cooperation between the finance discipline and business. – Relevant data were hand-collected and a comprehensive analysis of in idual CFA partner programs was undertaken, including the geographical distribution of the programs and program characteristics and ranking of partners programs the motivation for and approaches of universities toward the CFA Institute partnership and program design are identified. The general findings are validated with a detailed analysis of the CFA partner postgraduate programs offered in Australian universities. – The research finds that the primary focus of cooperation between the CFA Institute and universities is the adoption of practitioner-relevant academic curriculum in universities, which should assist in setting industry educational standards. The authors observed a great ersity of partner institutions and programs around the globe, their rankings and their approach to cooperation with the CFA Institute thanks to the flexibility of their partnership arrangements. This explains the rapid growth of universities seeking formal cooperation with the CFA Institute. However, this growth has created challenges for the CFA Institute in managing and delivering value in their partnership arrangements. – Due to data limitations, the research does not provide an empirical analysis of factors driving enrollments in Australian postgraduate finance programs. – The paper serves as a guide to universities interested in engaging in cooperation with the CFA Institute. This study is also useful for the professional bodies that evaluate various models of cooperation with educational institutions. – The paper is the first, to the authors' knowledge, to examine the practical aspects of cooperation between universities and a professional body in the finance discipline. Moreover, it is the first to evaluate perceived benefits and problems universities may experience by entering into a popular CFA Institute Partner Program.
Publisher: Emerald
Date: 23-11-2010
DOI: 10.1108/10309611011092619
Abstract: This study seeks to measure the level of responsible investment (RI) disclosure of the world's largest pension funds. The public disclosure of environmental, social and governance factors by the world's largest pension funds reflect their genuine commitment to this new investment paradigm. The UNPRI criterion is employed to measure the level of public disclosure. One hour was allocated to every asset owner's web site to search and collect public information. Overall, the level of public disclosure of RI activities is not prolific. The study is negatively influenced by North American pension funds who dominate this s le. Public disclosure practices are positive for European funds. The size of funds under management positively influences the public disclosure and reflects their leadership role in the industry. Limitations include: the largest pension funds are dominated by North American funds and reflect the impact of fund size. The results are from the largest pension funds and may not be representative of the entire industry the positive findings from European funds reflect a material subset of the global asset owners and, we do not engage directly with the funds in question. Measurements are sourced from public disclosure. The lack of public disclosure of RI by North American funds suggests that these institutions do not believe that it is important to investors. It suggests that these asset owners have not yet been exposed to the same influences as European funds. Given that North American funds together own substantial interests in listed corporations, they are much more important to influence than corporations.
Publisher: Informa UK Limited
Date: 2010
Publisher: Informa UK Limited
Date: 15-07-2019
Publisher: Wiley
Date: 11-07-2019
DOI: 10.1111/ACFI.12481
Publisher: Elsevier BV
Date: 11-2016
Publisher: Wiley
Date: 02-11-2015
DOI: 10.1111/ACFI.12174
Publisher: Pageant Media US
Date: 31-07-2017
Publisher: Elsevier BV
Date: 10-2015
Publisher: Elsevier BV
Date: 05-2014
Publisher: World Scientific Pub Co Pte Lt
Date: 12-2016
DOI: 10.1142/S0219091516500235
Abstract: This paper considers the accuracy (or otherwise) of cost of equity estimates provided by a range of Australian asset pricing models on industry returns. The results suggest that a simple, constant-benchmark approach (fixed excess return of five percent per annum) provides the best forecast for the cost of equity capital for the various industry segments of the Australian Securities Exchange examined across the observation window. Our results from Australia corroborate U.S. findings regarding the disconnect between asset pricing models that provide the best ex-post explanation of asset returns and models that produce superior ex-ante predictions of the cost of capital.
Start Date: 2009
End Date: 12-2013
Amount: $313,680.00
Funder: Australian Research Council
View Funded Activity