Ken Hung

TL;DR: In this article, the authors examined the relationship between family firms and earnings management by considering the influence of board independence and found that family firms are positively related to earnings management, and that board independence is important for an emerging market to mitigate the earnings management behavior carried out by family firms.

TL;DR: This article revisited the causal linkages between military spending and economic growth in China and G7 countries (i.e. Canada, France, Germany, Italy, Japan, the UK, and the USA) by focusing country-specific analysis for the period 1988-2010.

TL;DR: In this paper, the authors investigated the exchange-rate exposure of Taiwanese exporting firms and considered the effects of the timing of the three liberalization events through which the government carried out explicit policies to open gradually its foreign exchange and stock markets.

TL;DR: In this paper, the authors investigated the price adjustment and lead-lag relations between returns on five size-based portfolios in the Taiwan stock market and found evidence that price adjustment of small stock portfolios is not slower than that of large stock portfolios.

TL;DR: In this article, the authors provided a detailed investigation of the risk-return characteristics of the Taiwan stock market and individual stock return distributions for the presence of co-skewness, excess kurtosis and their persistence.