Woon Sau Leung, CFA Accounting and Finance Department, Cardiff Business School. Address: B04, Aberconway Building, Colum Drive, Cardiff, UK CF10 3EU. Office Tel: +44 (0)29 2087 6736; Email:
[email protected] March 2017 PERSONAL DATA Hong Kong citizen EDUCATION PhD in Finance, 2014, Cardiff University, UK. PgDip in Social Science Research Methods (Distinction), 2011, Cardiff University, UK. MSc in Accounting and Finance (Distinction), 2010, Cardiff University, UK. IBBA, 2008, The Chinese University of Hong Kong, Hong Kong. A-level, 2005, Diocesan Boys’ School, Hong Kong. EMPLOYMENT Lecturer in Finance, 2014-Present, Cardiff University, UK. Teaching Assistant, 2012-13, Cardiff University, UK. ACADEMIC POSITIONS Visiting Scholar, Jan-Feb 2017, Fordham University, USA. RESEARCH INTERESTS Banking and financial institutions Corporate finance Corporate innovation Corporate social responsibility Empirical asset pricing Financial regulations Mutual funds RESEARCH GRANTS, HONOURS & AWARDS Best Paper Award in Financial Markets and Institutions, the 2016 FMA Annual Meeting, October 2016. International Collaboration Seedcorn Fund, Cardiff University, 2016-17. Sir Julian Hodge Award, Cardiff Business School, 2010.
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PUBLICATIONS AND ACCEPTED PAPERS 1. The Determinants of Bank Risks: Evidence from the Recent Financial Crisis, 2015 (with Nick Taylor and Kevin P. Evans). Journal of International Financial Markets, Institutions & Money 34, 277-293. 2.
Are Employee-Friendly Workplaces Conducive to Innovation? 2016 (With Jie Chen and Kevin P. Evans). Journal of Corporate Finance 40, 61-79.
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The Impact of Board Gender Composition on Dividend Payouts, 2017 (With Jie Chen and Marc Goergen). Journal of Corporate Finance 43, 86-105. o Presented at the 2016 Cardiff Empirical Finance Group conference, University College Dublin, Surrey Business School, Birmingham Business School and Cardiff Business School. o Featured on the Harvard Law School Forum on Corporate Governance and Financial Regulation (see the article here). o Featured by Reuters (see this link), Daily Mail (see this link) and Yahoo Finance (see this link).
SELECTED WORKING PAPERS Board Gender Diversity, Innovation and Firm Performance (With Jie Chen and Kevin P. Evans) o Presented by coauthor at 2016 FMA European Conference, June 2016, Helsinki, Finland. o Presented by coauthor at Xiamen-Cardiff Symposium, July 2015, Xiamen, China. o Presented by coauthor at Cardiff Finance Workshop, 2016, Cardiff, UK. o Under review. Organizational Capital, Labor Market Flexibility and Stock Returns Around the World (With Jie Chen, Khelifa Mazouz and Geoffrey Wood) o Presented at the 2016 FMA Annual Meeting, October 2016, Las Vegas, US. o Presented at the 2016 Multinational Finance Society Annual Meeting, June 2016, Stockholm, Sweden. o Presented at the 2016 FMA European Conference, June 2016, Helsinki, Finland. Finalist for Best Paper Award. o Presented at the 2016 Midwest Finance Association Annual Meeting, March 2016, Atlanta, US. o Presented at the Cardiff-Xiamen Symposium, July 2015, Xiamen, China. o Presented at the 2015 Welsh Accounting and Finance Colloquium, May 2015, Wales, UK. o Presented at the Cardiff Finance Workshop, 2015, Cardiff, UK. o Revise and resubmit. 2
Does Bank Stakeholder Orientation Enhance Financial Stability: Evidence from a Natural Experiment (With Wei Song and Jie Chen) o Presented by coauthor at the 2016 FMA Annual Conference, October 2016, Las Vegas, US. Winner of the Best Paper Award in Financial Markets and Institutions. o Presented at the 2016 Portsmouth-Fordham conference on Banking and Finance, September 2016, Portsmouth, UK. o Presented at the Accounting and Finance seminar at the University of Edinburgh Business School, September 2016, Edinburgh, UK. o Presented at the 2016 European Finance Association (EFA) Annual Meeting, August 2016, Oslo, Norway. o Presented by coauthor at the 2016 EFMA Annual Conference, June 2016, Basel, Switzerland. o Presented at the 2016 IFABS Barcelona Conference, June 2016, Barcelona, Spain. o Presented by coauthor at the 2016 FMA European Conference, June 2016, Helsinki, Finland. o Presented at the 2016 Welsh Accounting and Finance Colloquium, May 2016, Wales, UK. o Presented at the 2016 Midwest Finance Association Annual Conference, March 2016, Atlanta, US. o Presented at the Cardiff Finance Workshop, 2015, Cardiff, UK. o Presented by coauthor at the Swansea University Economic Seminar, 2015, Swansea, UK. o Under review. The R&D Anomaly: Risk or Mispricing? (With Kevin P. Evans and Khelifa Mazouz) o Presented by coauthor at the 2016 Paris Financial Management Conference, December 2016, Paris, France. o Presented by coauthor at the 2016 EFMA Annual Conference, June 2016, Basel, Switzerland. o Presented at the 2016 Welsh Accounting and Finance Colloquium, May 2016, Wales, UK. o Presented at Cardiff Finance Workshop and seminars at Nottingham Trent University and Heriot-Watt University Edinburgh. Does Corporate Resource Sustainability Improve Firm Value? (With Kevin P. Evans and Matthew Barrick-Barret)
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o Presented by coauthor at the Cardiff Finance Workshop, November 2015, Cardiff, UK. o Presented by coauthor at the Osmosis Workshop, October 2015, London, UK. o Presented by coauthor at the PRI in Person Academic Network Conference, September 2015, London, UK. o Presented by coauthor at the 2015 Eastern Finance Association Annual Meeting, April 2015, New Orleans, US. WORK-IN-PROGRESS Foreign Bank Ownership Supplier Chain Partners’ Performance CDS Inclusion Interest Rate and Risk Taking Chinese Academic Directors Information Technology and Value BOOK CHAPTER On the Impact of US Structured Finance Markets on International Financial Markets (With Nick Taylor), 2014. In: Bell, A. R., Brooks, C., Prokopczuk, M. (Ed.), Handbook of Research Methods and Applications in Empirical Finance, Publisher: Edward Elgar. CONFERENCES AND SEMINARS PRESENTATIONS (Superscripts: p=presented by me, c=presented by coauthor, d=discussion) 2017 Financial Institutions, Regulation & Corporate Governance (FIRCG) Conferencec (Scheduled) Cardiff Accounting and Finance Workshopp,c 2016 Midwest Finance Association Annual Meetingp,d Annual Conference of Multinational Finance Societyp,d Cardiff Accounting and Finance Workshopp,c Financial Management Association (FMA) Europeanp,c,d Financial Management Association (FMA) Annual Meetingc European Financial Management Association Annual Meetingc Welsh Accounting and Finance Research Colloquiump, c Cardiff-Xiamen Symposiumc IFABS 2016 Barcelona Conferencep 4
European Finance Association Annual Meetingp Empirical Finance Group Conference (Cardiff Business School)p,c Portsmouth-Fordham Conference on Banking and Financep,c Seminar at Edinburgh Business Schoolp Paris Financial Management Conferencec 2015 Xiamen-Cardiff Symposiump,c, Eastern Finance Associationc,d, Welsh Accounting and Finance Research Colloquiump Cardiff Finance Workshopp,c PRI in Person Academic Network Conference (London)c Osmosis Project Efficiency Workshop in Londonc 2014 Nottingham Trent Seminarc, World Finance Conferencep,d 2013 INFINITI Conference on International Financep,d, International Conference on the Global Financial Crisis, Cardiff Finance Workshop 2012 Welsh Accounting and Finance Research Colloquiump Cardiff Finance Workshopp PROFESSIONAL QUALIFICATIONS & MEMBERSHIP Chartered Financial Analyst® (CFA) charter holder Regular member of the CFA Institute LCCI Level 3 Accounting Examination (awarded Silver Medallion) European Finance Association Midwest Finance Association Financial Management Association ACADEMIC SERVICES Ad hoc referee for Journal of International Financial Markets, Institutions & Money, Corporate Governance: An International Review, and British Journal of Management. Program committee member for the Eastern Finance Association Meeting 2015. Organizer of the Accounting and Finance Workshop Series, 2014-present, Cardiff Business School. 5
Associate Examiner for London School of Economics (LSE) (Economics, Management, Finance and the Social Sciences programmes), 2013-15. Senior Associate Teacher (External MSc dissertation supervisor) at School of Economics, Finance and Management, Bristol University, 2014-16. Session chair for the 2016 Multinational Finance Society Annual Meeting, 2016. TEACHING AND COURSES TAUGHT Fellow of the Higher Education Academy (Reference number: PR109736) Research Methods (Module leader), MSc Accounting and Finance. o Teaching SFQ score for 2015-16 is 8.9 out of 10; departmental average is 8.2; business school average is 8.1. Financial Derivatives (Tutor), BSc. Securities Analysis and Portfolio Management (Tutor), BSc. Business Finance (Tutor), BSc. INDUSTRY-RELATED WORK Ad hoc fund performance evaluation for an investment management company based in London (2013-15) Academic Consultant for Churchill Wealth Management Limited (Bristol) PRESS COVERAGE More women on boards=higher dividend rates, Reuters, December 8, 2016. HOBBIES AND OTHER EXPERIENCES Classical guitar: ABRSM Grade 5 and 8 (passed with distinction) Music: Composition, arrangement, recording and mixing. Sports: Swimming, table tennis, tennis, basketball, etc. President of Band Society at CUHK, 2006-07, Hong Kong. President of Modern Music Society at Diocesan Boys’ School, 2003-04, Hong Kong. Exchange student to Minnesota, US, 2002-03, under the AFS Intercultural Program (Scholarship from HSBC). Minneapolis Art Festival Jazz Band Ensemble principal guitar player, 2002-03. REFERENCES Professor Nick Taylor Professor of Financial Economics University of Bristol, 2.03, 15-19 Tyndalls Park Road, The Priory Road Complex, Priory Road, Clifton, Bristol, BS8 1TU. Tel: (0117) 39 41498 6
Email:
[email protected] Website: http://www.bris.ac.uk/efm/people/nick-j-taylor/ Professor Marc Goergen Professor of Finance Cardiff University, B29, Aberconway Building, Colum Drive, Cardiff, CF10 3EU. Tel: +44 (0)29 208 76450 Email:
[email protected] Website: http://business.cardiff.ac.uk/people/staff/marc-goergen Professor Iftekhar Hasan Professor of Finance and Corrigan Chair in International Business and Finance Fordham University, 45 Columbus Avenue, Room 511, New York, NY 10023 Email:
[email protected] Website: http://www.fordham.edu/info/22941/full-time_faculty/4736/iftekhar_hasan
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