Faculty-Wei-Hsien Li, Professor

Wei-Hsien Li, Professor

Education
Ph.D. in Finance, Virginia Tech, USA
Research Expertise
Corporate Finance, Mergers and Acquisitions, Dividend Policy, ESG
Office
I1-827
Teaching expertise
Corporate Finance, Financial Institutions and Markets, Financial Statement Analysis, ESG
EXT.
66128
Email
weihsienli@ncu.edu.tw
Curriculum Vitae

Wei-Hsien Li

Papers
 
  1. Sharon S. Yang, Wei-Hsien Li, and Jr-Wei Huang (2024) Institutional Investor Stewardship and Material Sustainability Information: Evidence from Taiwan, Pacific-Basin Finance Journal, 85, 102382 (SSCI, NSTC Finance Ranking: A tier 2; ABDC 2022: A)
  2. Debarati Bhattacharya, Tzu-Chang Forrest Cheng, Meng-Ju Chuang, Wei-Hsien Li and Zi-Peng Wang (2024) Terrorism-Induced Trauma and Corporate Innovation, Pacific-Basin Finance Journal, 85 102360 (SSCI, NSTC Finance Ranking: A tier 2; ABDC 2022: A)
  3. Wei-Hsien Li, Jiahang Liang, Zih-Ying Lin (2024) Option-implied information and quality of patents. European Financial Management, 30(1) 164-186 (SSCI, NSTC Finance Ranking: A tier 2; ABDC 2022: A)
  4. Nghia Huu Nguyen, Wei Hsien Li (2022) Peer effects on corporate cash holdings: evidence from Vietnam. Asian Review of Financial Research, 35(2) 73-105
  5. Debarati Bhattacharya, Wei Hsien Li (2020) Wealth Effects in M&A Deals: Reallocation of Physical vs. Intangible Assets. Review of Quantitative Finance and Accounting, 55(4) 1513-1548, (MOST Finance Ranking: A tier 2; ABDC 2022: B)
  6. Debarati Bhattacharya, Ya Yun Kao, Wei Hsien Li (2020), Industry Experience of Board, CEO, and Acquisition Performance, Review of Pacific Basin Financial Markets and Policies, 23(3) 205022, (MOST Finance Ranking: B; ABDC 2022: B)
  7. Debarati Bhattacharya, Chia Wen Chang, Wei Hsien Li (2020), Stages of Firm Life Cycle, Transition and Dividend Policy, Finance Research Letters, 33 101226, (SSCI; MOST Finance Ranking: A-; ABDC 2022: A)
  8. Debarati Bhattacharya, Shih Che Hsu, Wei Hsien Li, Chun Ting Liu (2019), A Combined Firm’s Decision to Hire the Target’s Financial Advisor after Acquisition: Does “Service Excellence” Pay Off? Finance Research Letters, 29 297-302, (SSCI; MOST Finance Ranking: A-; ABDC 2022: A)
  9. Wei Hsien Li (2019), Can Investor Recognition Explain the Diversification Discount? Review of Securities and Futures Markets, 31(2) 99-138 (TSSCI Tier 1; 11th UMC Management Thesis Award: Outstanding Award).
  10. Debarati Bhattacharya, Tai Yu Chen, Wei Hsien Li (2018), Product Market Threat and Corporate Investments, Advances in Pacific Basin Business Economics and Finance, 6 27-50 (MOST Finance Ranking: B)
  11. Wei Hsien Li, Ghon Rhee, Carl Hsin han Shen (2018), CEO Inside Debt and Convertible Bonds, Journal of Business Finance & Accounting, 45(1 2) 232 249 (SSCI; MOST Finance Ranking: A tier 1; ABDC 2022: A*)
  12. Wei Hsien Li (2017), Do Overconfident CEOs Ignore the Market? Review of Securities and Futures Markets, 29(4) 105 146 (TSSCI: tier 1)
  13. Debarati Bhattacharya, Wei Hsien Li, Gokhan Sonaer (2017), Has momentum lost its momentum? Review of Quantitative Finance and Accounting, 48(1) 191 218 (MOST Finance Ranking: A tier 2; ABDC 2022: B)
Conference papers
  1. Wei-Hsien Li (2023) CEOs' Reaction to Terrorism-Induced Trauma and Corporate Innovation, Vietnam Symposium in Banking and Finance 2023, Hanoi, Vietnam
  2. Wei-Hsien Li (2022) Institutional Investor Stewardship and Material Sustainability Information: Evidence from Taiwan, 2022 TRIA-FeAT Conference, Taichung, Taiwan
  3. Wei-Hsien Li (2022) Psychological Consequences of Traumatic Events: How Terrorist Attacks While in University Shape CEOs’ Outlook Towards Corporate Innovation, 2022 TRIA-FeAT Conference, Taichung, Taiwan
  4. Wei-Hsien Li (2021) Peer effects on corporate cash holdings: evidence from Vietnam, 2021 Frontiers in Accounting and Finance and Syntrend, Ethnic Chinese Enterprises, and Modern Management Conference, Kinmen, Taiwan
  5. Wei-Hsien Li (2021) Peer effects on corporate cash holdings: evidence from Vietnam, International Conference on Business, Accounting, Finance and Economics 2021, Universiti Tunku Abdul Rahman, Malaysia, Online session
  6. Wei-Hsien Li (2021) Corporate Governance, Idiosyncratic Risk, and Dividend Policy, 2021 China International Risk Forum, Online session
  7. Wei-Hsien Li (2020) The options-implied information, quality of patents, and investor sentiment, The 28th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan
  8. Wei-Hsien Li (2020) The options-implied information, quality of patents, and investor sentiment, 2020 Taiwan Finance Association Annual Meeting, Puli, Taiwan
  9. Wei-Hsien Li (2019), Wealth Effects in M&A Deals: Reallocation of Physical vs. Intangible Assets, The 27th Annual Conference on Pacific Basin Finance, Economics, Accounting, and Management, Taipei, Taiwan
  10. Wei-Hsien Li (2019), Stages of Firm Life Cycle, Transition and Dividend Policy, 2019 Taiwan Finance Association Annual Meeting, Taipei, Taiwan
  11. Wei-Hsien Li (2019), Wealth Effects in M&A Deals: Reallocation of Physical vs. Intangible Assets, The 16th Conference on the Development of Cross-Strait Financial Markets, Taipei, Taiwan
  12. Wei-Hsien Li (2018), Industry Experience of Board, CEO, and Acquisition Performance, 2018 New Zealand Finance Meeting, Queenstown, New Zealand.
  13. Wei-Hsien Li (2018), A Combined Firm’s Decision to Hire the Target’s Financial Advisor after Acquisition: Does It Pay to be ‘Loyal’? 2018 Taiwan Finance Association Annual Meeting, Taipei, Taiwan.
  14. Wei-Hsien Li (2018), Does Better Corporate Governance Encourage Payout? Idiosyncratic Risk, Agency Problem, and Dividend Policy, Eastern Finance Association Annual Meeting.
  15. Wei-Hsien Li (2017), Industry Experience of Board and Acquisition Performance, The 25th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan.
  16. Wei-Hsien Li (2017), Does Better Corporate Governance Encourage Payout? Idiosyncratic Risk, Agency Problem, and Dividend Policy, Financial Management Association Annual Meeting, Boston, USA. Semifinalist for best paper awards.
  17. Wei-Hsien Li (2017), Industry Experience of Board and Acquisition Performance, 2017 Taiwan Finance Association Annual Meeting, Hualien, Taiwan, Fubon Best Paper Award.
  18. Wei-Hsien Li (2017), CEO Inside Debt and Convertible Bonds, 2017 Taiwan Finance Association Annual Meeting, Hualien, Taiwan.
  19. Wei-Hsien Li (2016), CEO Inside Debt and Convertible Bonds, The 10th NCTU International Finance Conference, Hsinchu, Taiwan.
  20. Wei-Hsien Li (2016), Information Measures and Merger Announcements, The 24th Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan.
  21. Wei-Hsien Li (2016), Does Better Corporate Governance Encourage Payout? Idiosyncratic Risk, Agency Problem, and Dividend Policy, SIBR-RDINRRU Conference on Interdisciplinary Business and Economics Research, Osaka, Japan.
  22. Wei-Hsien Li (2015), Does Better Corporate Governance Encourage Higher Payout? Risk, Agency Cost, and Dividend Policy, The 23rd Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan.
  23. Wei-Hsien Li (2015), Dividend Conservatism: A Corporate Governance and Sensitivity Towards Risk Approach, Taiwan Finance Symposium – Corporate Finance, Taipei, Taiwan.
  24. Wei-Hsien Li (2015), Can Investor Recognition Explain the Diversification Discount? 2015 Taiwan Finance Association Annual Meeting, Hsinchu, Taiwan.
  25. Wei-Hsien Li (2015), Dividend Conservatism: A Corporate Governance and Sensitivity Towards Risk Approach, 12th Conference on the Development of Cross-Strait Financial Markets, Taipei, Taiwan.
  26. Wei-Hsien Li (2015), When Do M&As Create Value? Midwest Finance Association Annual Meeting, Chicago, USA.
  27. Wei-Hsien Li (2013), Benefits and Costs of Asset Reallocation in Mergers and Acquisitions, Financial Management Association Annual Meeting, Chicago, USA.
  28. Wei-Hsien Li (2013), Do Overconfident CEOs Ignore the Market? FMA European Conference, Luxembourg City, Luxembourg.
  29. Wei-Hsien Li (2013), Do Overconfident CEOs Ignore the Market? Behavioral Finance & International Financial Markets Theory and Empirics Conference, Taipei, Taiwan.
  30. Wei-Hsien Li (2012), Benefits and Costs of Asset Reallocation in Mergers and Acquisitions, Financial Management Association European Conference, Istanbul, Turkey.
  31. Wei-Hsien Li (2012), Benefits and Costs of Asset Reallocation in Mergers and Acquisitions, Eastern Finance Association Annual Meeting, Boston, USA.
Research grant
  1. 2023-2024, Further investigation of innovation and firm risk, National Science and Technology Council 112-2410-H-008-059 MY2
  2. 2021-22, The impact of investor horizon on peer effects on dividend and CSR, Ministry of Science and Technology 110-2410-H-008-022-MY2
  3. 2020, The motivation and strategic value behind CSR investment and firm value, Ministry of Science and Technology 109-2410-H-008-010
  4. 2019, Global Investment Performance Standard (GIPS®) and Domestic Asset Management Institutes in Taiwan, CFA Society Taiwan
  5. 2019, CEO’s lifetime cultural identity formation, cultural distance, and Corporate Social Responsibility, Ministry of Science and Technology 108-2410-H-008-028
  6. 2018, Reallocation of Physical vs. Intangible Assets and M&A Synergy, Ministry of Science and Technology 107-2410-H-008-027
  7. 2017, CEO’s lifetime cultural identity formation, cultural distance between the company and its CEO, and corporate financial decisions, Ministry of Science and Technology 106-2410-H-008-034
  8. 2015, Dividend Conservatism and Corporate Governance, Ministry of Science and Technology 104-2410-H-008-020
  9. 2014, Redefine “Busyness”, the study on director workload and monitoring effectiveness, National Science Council 103-2410-H-008-026
  10. 2013, Can Investor Recognition Explain the Diversification Discount? National Science Council 102-2410-H-008-023
  11. 2013, Compensation Structure and Firm Risk: the Screening Channel, National Science Council 102-2410-H-008-001