Department of Finance and Insurance

Projects

Projects per year 2011 2012 2013 2014 2015 2017 2018 2019 2020 2021 2022 2025

• 13 Active
• 38 Finished

Projects per year

Search results

• Finished

  Moderating Effect of Corporate Governance on Wealth and Risk Attitudes

  CHEN, Y. N., HUI, S. K. & YU, S.

  LU Research Committee

  2/03/20 → 1/03/22

  Project: Grant Research

• The Theory of Usage Based Insurance

  CHENG, J.

  2/03/20 → 1/03/22

  Project: Grant Research

• Managerial Overconfidence and Risk Management in Insurance

  CHENG, J., WEN, M. M. & LIN, T.

  LU Research Committee

  1/01/20 → 31/12/21

  Project: Grant Research

• The Validity of the First-order Approach in Principal-Agent Problems with Nonseparable Preferences

  LI, J.

  LU Research Committee

  1/07/19 → 30/06/21

  Project: Other External Research

  • Jensen's Inequality 100%
  • Choquet Expected Utility 91%
  • Uncertainty Aversion 87%
  • Demand for Insurance 86%
  • Optimal Insurance 85%

• Optimal Insurance Product Mix and An Equilibrium Framework for Health and Mortality Immunization

  GAO, J.

  LU Research Committee

  2/01/19 → 31/03/20

  Project: Grant Research

• Joint Provision of Auditing and Actuarial Services in Property-casualty Insurance

  CHENG, J., WEISS, M. A. & LIN, T.

  LU Research Committee

  1/01/19 → 31/12/20

  Project: Grant Research

  • CEO Turnover 100%
  • Casualties 91%
  • Insurance Industry 75%
  • Earnings Management 74%
  • Organizational Form 44%

• A Discussion of Health and Mortality Immunization

  GAO, J.

  LU Research Committee

  1/01/19 → 30/06/20

  Project: Grant Research

• Dynamic Equilibrium in a Reinsurance Market and Optimal Reinsurance

  CHENG, J.

  LU Research Committee

  1/01/19 → 31/12/20

  Project: Grant Research

• Systemic Risk of Banking and Insurance around the World

  SUN, T. & WEISS, M. A.

  LU Research Committee

  1/01/19 → 30/06/21

  Project: Grant Research

• CEO Overconfidence, CDS Usage, and Risk Management in Insurance

  CHENG, J.

  LU Research Committee

  1/03/18 → 29/02/20

  Project: Grant Research

• Asymmetric Attitude towards Non-Probabilistic Subjective Uncertainty

  LI, J.

  LU Research Committee

  1/03/18 → 29/02/20

  Project: Grant Research

  • Jensen's Inequality 100%
  • Choquet Expected Utility 91%
  • Uncertainty Aversion 87%
  • Demand for Insurance 86%
  • Optimal Insurance 85%

• Comparative Statics with Interval Dominance Order  on Precautionary Paying for Stochastic Improvements (對於隨機改進的預防性支付的基於區間占優序的比較靜態)

  LI, J. & KAJII, A.

  Research Grants Council (HKSAR)

  1/01/18 → 31/12/19

  Project: Grant Research

  • Ambiguity Aversion 100%
  • Risk Preferences 48%
  • Willingness-to-pay 41%
  • Self-protection 35%
  • Self-insurance 34%

• Trade-induced Competition and Corporate Transformation (貿易競爭和企業轉型)

  WEI, L.

  Research Grants Council (HKSAR)

  1/01/18 → 30/06/20

  Project: Grant Research

• Geographic Proximity and Information Transfer: Does Soft Information Matter for Intra-industry Information Transfer? (地理鄰近與資訊傳播：軟性資訊對行業內資訊傳播有影響嗎？)

  WONG, M. L. S. & YIP, W. Y. R.

  Research Grants Council (HKSAR)

  1/01/18 → 31/12/20

  Project: Grant Research

  • Information Transfer 100%
  • Emerging Markets 64%
  • Investors 56%
  • China 40%
  • Industry 28%

• Construction of Mainland China - Hong Kong Economic Integration Index and Its Application to Facilitate Public Policy Research in Hong Kong

  CUI, G., LO, M. S. S., NYAW, M. K. & WEI, X.

  Policy Innovation and Co-ordination Office (HKSAR)

  1/07/17 → 30/06/18

  Project: Grant Research

  • economic integration 100%
  • Hong Kong 72%
  • public policy 66%
  • China 53%
  • economy 15%

• Deriving Public Policy for Hong Kong as an Infrastructure Financing Hub and Super-connector in Project Finance: The Belt and Road Initiative

  POON, P. H. W. & SHEN, J.

  Policy Innovation and Co-ordination Office (HKSAR)

  1/04/17 → 31/12/18

  Project: Grant Research

  • financing 100%
  • finance 99%
  • infrastructure 65%
  • road 63%
  • public 59%

• Optimal Retirement Planning in a Life-Cycle Model

  GAO, J. & CHEN, H.

  LU Research Committee

  1/03/17 → 31/08/19

  Project: Grant Research

• A Theoretical Study on Hedging, Trading and Production Decisions under Asymmetric Information

  YICK, H. Y. M.

  LU Research Committee

  1/03/17 → 28/02/18

  Project: Grant Research

• The Effect of a Change in Time Preference on Prevention and Precaution

  LI, J.

  LU Research Committee

  1/03/17 → 28/02/19

  Project: Grant Research

  • Ambiguity Aversion 100%
  • Risk Preferences 48%
  • Willingness-to-pay 41%
  • Self-protection 35%
  • Self-insurance 34%

• Preserving Rothschild-Stiglitz Type of Risk Aversion with Background Risks

  LI, J.

  LU Research Committee

  1/03/16 → 31/08/18

  Project: Grant Research

  • Ambiguity Aversion 100%
  • Risk Preferences 48%
  • Willingness-to-pay 41%
  • Self-protection 35%
  • Self-insurance 34%

• Risk Aversion and Risk Premiums with Dependent Risks

  LI, J.

  LU Research Committee

  1/05/15 → 30/04/17

  Project: Grant Research

• Analysts' Forecast Dispersion and Stock Returns: Further Evidence

  WONG, M. L. S.

  LU Research Committee

  1/05/15 → 30/04/17

  Project: Grant Research

• Explain Two Puzzles in Macro-Finance by Higher-Order Risk Attitudes and Background Risks (運用高階風險規避和背景風險的方法研究兩個宏觀金融之謎)

  LI, J., DIONNE, G. & OKOU, C.

  Research Grants Council (HKSAR)

  1/01/15 → 31/12/16

  Project: Grant Research

  • Risk Aversion 100%
  • Background Risk 61%
  • Monotone Comparative Statics 48%
  • Comparative Statics 44%
  • Increasing Risk 37%

• Are Market Implied Ratings Viable Alternatives to Credit Ratings? (市場隱含評級替代信用評級的可行性研究)

  POON, P. H. W., HASAN, I. & ZHANG, G.

  Research Grants Council (HKSAR)

  1/01/15 → 31/12/17

  Project: Grant Research

  • Credit Rating 100%
  • Rating 74%
  • Credit Rating Agencies 36%
  • International Studies 26%
  • Creditworthiness 26%

• Rating Outlook and Credit Watch: Enhancement of Issuer's Recovery Effort or Valuable Predictors of Rating Behavior?

  POON, P. H. W., FIRTH, M. A. & SHEN, J.

  LU Research Committee

  1/05/14 → 30/09/16

  Project: Grant Research

  • Credit Rating Agencies 100%
  • Rating 89%
  • Credit Rating 83%
  • Creditworthiness 72%
  • Predictors 61%

• Investor Relations and Corporate Transparency in China

  WONG, M. L. S. & FIRTH, M. A.

  Research Grants Council (HKSAR)

  1/01/14 → 31/12/16

  Project: Grant Research

  • Accessibility 100%
  • Crash 66%
  • Stock Prices 51%
  • Agency Problems 34%
  • Shareholders 24%

• Optimal Allocation and Consumption - A Dynamic Analysis on Variable Annuities (基於變動年金動態研究下的最優消費和投資選擇)

  GAO, J.

  Research Grants Council (HKSAR)

  1/01/14 → 31/12/16

  Project: Grant Research

  • Income Uncertainty 100%
  • Long-term Care Insurance 96%
  • Health State 96%
  • Morbidity 86%
  • Annuities 83%

• Why Firms Repeatedly Commit Fraud: Evidence from China (為什麼公司會重複財務欺詐：來自中國的實證結果)

  FIRTH, M. A., WONG, M. L. S. & YICK, H. Y. M.

  Research Grants Council (HKSAR)

  1/01/14 → 31/12/15

  Project: Grant Research

  • independent director 100%
  • Book-tax Differences 89%
  • Discretionary Accruals 68%
  • Labour Market 67%
  • Independent Directors 66%

• Comparative Risk Aversion with Multiple Dependent Background Risks

  LI, J.

  LU Research Committee

  1/06/13 → 31/05/15

  Project: Grant Research

  • Risk Aversion 100%
  • Confidence Bands 62%
  • Confidence 40%
  • Background Risk 35%
  • Hoeffding's Inequality 26%

• A Dynamic Study on the Real Estate Investment Intensity in Portfolio Management

  YICK, H. Y. M.

  LU Research Committee

  1/03/13 → 30/09/14

  Project: Grant Research

• Investment Preferences and Firm Characteristics: Evidence from the Qualified Foreign Institutional Investor Scheme in China (投資偏好和公司特性: 中國“合格境外機構投資者”（QFII）實證研究)

  FIRTH, M. A., GAO, J. & ZHANG, Y.

  Research Grants Council (HKSAR)

  1/01/13 → 30/06/16

  Project: Grant Research

  • Cash Dividends 100%
  • Seasoned Equity Offerings 98%
  • Banks 92%
  • Comparative Analysis 90%
  • Guanxi 90%

• Financial Analysts and Information Asymmetry: Evidence from China (證券分析師與股票市場信息不對稱性：關與中國的實證研究)

  ZHANG, Y. & FIRTH, M. A.

  Research Grants Council (HKSAR)

  1/01/13 → 31/12/15

  Project: Grant Research

• The Relationship between Sovereign Ratings and Bank Ratings through the Lens of the European Financial Crisis

  POON, P. H. W., CHAN, K. C. J. & EVANS, D. A.

  LU Research Committee

  1/06/12 → 31/08/15

  Project: Grant Research

  • Sovereign Ratings 100%
  • International Spillovers 97%
  • Sovereign Risk 91%
  • Bank Credit 75%
  • Rating 66%

• The Interactions of the Liquidation and Investment Triggers under Tax Asymmetry

  YICK, H. Y. M.

  LU Research Committee

  1/03/12 → 30/04/13

  Project: Grant Research

• Decreasing Ross Risk Aversion: Higher-order Generalizations and Implications

  LI, J.

  LU Research Committee

  1/02/12 → 30/04/14

  Project: Grant Research

  • Risk Aversion 100%
  • Dependent Risks 42%
  • Background Risk 40%
  • Confidence Bands 35%
  • Confidence 23%

• Firm Characteristics and Information Asymmetry: Evidence from China

  ZHANG, Y. & FIRTH, M. A.

  LU Research Committee

  1/02/12 → 30/04/14

  Project: Grant Research

• The Joint Life Insurance Demand of Married Couples and Optimal Asset Allocation

  GAO, J. & KAN, S.

  LU Research Committee

  1/06/11 → 31/12/13

  Project: Grant Research

• Did Corporate Governance Safeguard Investors' Interest in the Global Financial Crisis?

  CHENG, L. S. S., FIRTH, M. A. & LUI, M. C. G.

  LU Research Committee

  1/06/11 → 28/02/14

  Project: Grant Research