Dr Daniel Hung

  • Senior Lecturer in Accounting and Finance (Accounting & Finance)

Biography

Dr Chi-Hsiou Daniel Hung focuses his research in the areas of asset pricing and corporate finance. Dr Hung has published in the Journal of Banking and Finance, the Journal of Empirical Finance, the Journal of Financial Stability, the Journal of Business Finance and Accounting, the Journal of International Financial Markets, Institutions and Money, and many other academic journals.

Prior to joining the University of Glasgow, Dr Hung held academic positions at Durham University and the University of Dundee. Dr Hung holds a PhD in Accounting and Finance (2005) and an MSc in Finance (2001), both from Lancaster University Management School. He is also a Fellow of the Higher Education Academy. Prior to pursuing his PhD, Dr Hung completed his BSc in Mechanical Engineering in Taiwan and became a Financial Consultant in the Global Private Banking Group of Merrill Lynch Inc. and a manager of Priority Banking of Standard Chartered Bank.

 


Research interests

Dr Hung is a member of the Finance research cluster.

Areas of expertise:

  • Asset pricing
  • Corporate finance
  • Investment
  • Investor behaviour
  • Asset allocation

Grants

2018: Wards Trust Fund, £3,000

2017: Wards Trust Fund, £3,000

2016: Taiwan Fellow, £16,000

2016: Wards Trust Fund, £3,000

2015: Wards Trust Fund, £3,000

2014: Wards Trust Fund, Award £3,000

2011: Seedcorn funding, Award £1,500

2009: Seedcorn funding Award £1,200

2007: The Institute for Quantitative Investment Research (INQUIRE UK), Award £9,000

2005: The Institute for Quantitative Investment Research (INQUIRE UK), Award £7,000


Supervision

I welcome PhD studies on any topics in the areas of my research interests.

Current PhD students

  • Mr Ziyu Tang
  • Ms Jinghui Li
  • Mr Brian Madzivanyika
  • Mr Alexander Suhobokov (part-time)

PhD graduates

  • Dr Qingrui Meng
  • Dr Lisa Lo
  • Dr Xiehua Ji
  • Dr Senyu Wang
  • Dr Junqi Li
  • Dr Yuxiang Jiang
  • Dr Haifeng Guo

Teaching

  • Financial Econometrics (Masters programmes 2018-2019)
  • International Financial Management & Corporate Finance (MBA, 2016-2019)
  • Entrepreneurial Finance (MBA, 2017-2019)
  • Statistics for Business Research (Masters programmes 2013–2016, 2017-2018)
  • Securities Analysis and Portfolio Management (Global MBA, 3rd and 4th year undergraduate at NTU, 2016)
  • International Corporate Finance (Masters programmes 2013–2016)
  • Securities Analysis and Portfolio Management (4th year UG, 2012–2013)
  • Derivatives Markets (MSc, course leader, 2004 – 2008, 2010–2012)
  • Mathematical Finance (Math department, 3rd year (Undergraduate) and 4th year (Masters), 2011–12)
  • Portfolio Management (MSc, course leader, 2010–2011)
  • Advanced Financial Theory (MSc, 2004 – 2009)
  • Financial Risk Management (MSc, course leader, 2004 – 2009)
  • Financial Engineering (final year Undergraduates, course leader, 2004 – 2008)
  • Empirical Finance (final year Undergraduates, 2004 –2006)
  • Principles of Finance (MBA, 2003 - 2004)
  • International Finance (2003 - 2004)

Additional information

Dr Hung has won the 2016 Taiwan Fellowship funded by the Ministry of Foreign Affairs of Republic of China (Taiwan), and is a Visiting Associate Professor at the Department of Finance of National Taiwan University from February to December 2016. He has also received five Best Paper Awards ($2,000 each) including the Best Paper Award from the 2011 & 2010 NTU International Conferences on Economics, Finance and Accounting (IEFA), the Research Paper Award ($1,000) from the 2008 annual meeting of the Securities and Financial Markets (SFM) conference, the New York Stock Exchange Prize from the 2005 annual meeting of the Midwest Finance Association and the Taiwan Stock Exchange Prize from the 2006 annual meeting of the Securities and Financial Markets conference.


Publications

List by: Type | Date

Jump to: 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 | 2004
Number of items: 16.

2018

Hung, C.-H. D., Jiang, Y., Liu, F. H. and Tu, H. (2018) Competition or manipulation? An empirical evidence of determinants of the earnings persistence of the U.S. banks. Journal of Banking and Finance, 88, pp. 442-454. (doi:10.1016/j.jbankfin.2018.01.010)

2017

Hung, C.-H. D., Jiang, Y., Liu, F. H., Tu, H. and Wang, S. (2017) Bank political connections and performance in China. Journal of Financial Stability, 32, pp. 57-69. (doi:10.1016/j.jfs.2017.09.003)

Hung, C.-H. D., Banerjee, A. and Meng, Q. (2017) Corporate financing and anticipated credit rating changes. Review of Quantitative Finance and Accounting, 48(4), pp. 893-915. (doi:10.1007/s11156-016-0571-3)

2016

Banerjee, A., Hung, C.-H. D. and Lo, K. L. (2016) An anatomy of credit risk transfer between sovereign and financials in the Eurozone Crisis. Journal of International Financial Markets, Institutions and Money, 41, pp. 102-120. (doi:10.1016/j.intfin.2015.12.007)

2015

Hung, C.-H. D., Chen, Q. and Fang, V. (2015) Non-tradable share reform, liquidity and stock returns in China. International Review of Finance, 15(1), pp. 27-54. (doi:10.1111/irfi.12043)

2014

Hung, C.-H. D. and Banerjee, A. N. (2014) How do momentum strategies 'score' against individual investors in Taiwan, Hong Kong and Korea? Emerging Markets Review, 21, pp. 67-81. (doi:10.1016/j.ememar.2014.08.001)

Fang, V. and Hung, C.-H. D. (2014) Corporate bond prices and idiosyncratic risk: evidence from Australia. Journal of International Financial Markets, Institutions and Money, 33, pp. 99-114. (doi:10.1016/j.intfin.2014.07.011)

Hung, C.-H. D., Azad, A.S.M. S. and Fang, V. (2014) Determinants of stock returns: factors or systematic co-moments? Crisis versus non-crisis periods. Journal of International Financial Markets, Institutions and Money, 31, pp. 14-29. (doi:10.1016/j.intfin.2014.03.005)

2013

Banerjee, A.N. and Hung, C.-H.D. (2013) Active momentum trading versus passive ‘1/N naive diversification’. Quantitative Finance, 13(5), pp. 655-663. (doi:10.1080/14697688.2013.766760)

2012

Ho, J.C. and Hung, C.-H. (2012) Predicting stock market returns and volatility with investor sentiment: evidence from eight developed countries. Journal of Accounting and Finance, 12(4), pp. 49-65.

Sohel Azada, A.S.M., Fang, V. and Hung, C.-H. (2012) Linking the interest rate swap markets to the macroeconomic risk: the UK and US evidence. International Review of Financial Analysis, 22, pp. 38-47. (doi:10.1016/j.irfa.2012.03.001)

Chung, S.-L., Hung, C.-H. and Yeh, C.-Y. (2012) When does investor sentiment predict stock returns? Journal of Empirical Finance, 19(2), pp. 217-240. (doi:10.1016/j.jempfin.2012.01.002)

2011

Banerjee, A. and Hung, C.-H.D. (2011) Informed momentum trading versus uninformed "naive" investors strategies. Journal of Banking and Finance, 35(11), pp. 3077-3089. (doi:10.1016/j.jbankfin.2011.04.005)

2009

Ho, C. and Hung, C.-H. (2009) Investor sentiment as conditioning information in asset pricing. Journal of Banking and Finance, 33(5), pp. 892-903. (doi:10.1016/j.jbankfin.2008.10.004)

2008

Hung, C.-H. (2008) Return predictability of higher-moment CAPM market models. Journal of Business Finance and Accounting, 35(7-8), pp. 998-1022. (doi:10.1111/j.1468-5957.2008.02102.x)

2004

Hung, C.-H.D., Shackleton, M. and Xu, X. (2004) CAPM, higher co-moment and factor models of UK stock returns. Journal of Business Finance and Accounting, 31(1-2), pp. 87-112. (doi:10.1111/j.0306-686X.2004.0003.x)

This list was generated on Wed Sep 18 18:50:56 2019 BST.
Jump to: Articles
Number of items: 16.

Articles

Hung, C.-H. D., Jiang, Y., Liu, F. H. and Tu, H. (2018) Competition or manipulation? An empirical evidence of determinants of the earnings persistence of the U.S. banks. Journal of Banking and Finance, 88, pp. 442-454. (doi:10.1016/j.jbankfin.2018.01.010)

Hung, C.-H. D., Jiang, Y., Liu, F. H., Tu, H. and Wang, S. (2017) Bank political connections and performance in China. Journal of Financial Stability, 32, pp. 57-69. (doi:10.1016/j.jfs.2017.09.003)

Hung, C.-H. D., Banerjee, A. and Meng, Q. (2017) Corporate financing and anticipated credit rating changes. Review of Quantitative Finance and Accounting, 48(4), pp. 893-915. (doi:10.1007/s11156-016-0571-3)

Banerjee, A., Hung, C.-H. D. and Lo, K. L. (2016) An anatomy of credit risk transfer between sovereign and financials in the Eurozone Crisis. Journal of International Financial Markets, Institutions and Money, 41, pp. 102-120. (doi:10.1016/j.intfin.2015.12.007)

Hung, C.-H. D., Chen, Q. and Fang, V. (2015) Non-tradable share reform, liquidity and stock returns in China. International Review of Finance, 15(1), pp. 27-54. (doi:10.1111/irfi.12043)

Hung, C.-H. D. and Banerjee, A. N. (2014) How do momentum strategies 'score' against individual investors in Taiwan, Hong Kong and Korea? Emerging Markets Review, 21, pp. 67-81. (doi:10.1016/j.ememar.2014.08.001)

Fang, V. and Hung, C.-H. D. (2014) Corporate bond prices and idiosyncratic risk: evidence from Australia. Journal of International Financial Markets, Institutions and Money, 33, pp. 99-114. (doi:10.1016/j.intfin.2014.07.011)

Hung, C.-H. D., Azad, A.S.M. S. and Fang, V. (2014) Determinants of stock returns: factors or systematic co-moments? Crisis versus non-crisis periods. Journal of International Financial Markets, Institutions and Money, 31, pp. 14-29. (doi:10.1016/j.intfin.2014.03.005)

Banerjee, A.N. and Hung, C.-H.D. (2013) Active momentum trading versus passive ‘1/N naive diversification’. Quantitative Finance, 13(5), pp. 655-663. (doi:10.1080/14697688.2013.766760)

Ho, J.C. and Hung, C.-H. (2012) Predicting stock market returns and volatility with investor sentiment: evidence from eight developed countries. Journal of Accounting and Finance, 12(4), pp. 49-65.

Sohel Azada, A.S.M., Fang, V. and Hung, C.-H. (2012) Linking the interest rate swap markets to the macroeconomic risk: the UK and US evidence. International Review of Financial Analysis, 22, pp. 38-47. (doi:10.1016/j.irfa.2012.03.001)

Chung, S.-L., Hung, C.-H. and Yeh, C.-Y. (2012) When does investor sentiment predict stock returns? Journal of Empirical Finance, 19(2), pp. 217-240. (doi:10.1016/j.jempfin.2012.01.002)

Banerjee, A. and Hung, C.-H.D. (2011) Informed momentum trading versus uninformed "naive" investors strategies. Journal of Banking and Finance, 35(11), pp. 3077-3089. (doi:10.1016/j.jbankfin.2011.04.005)

Ho, C. and Hung, C.-H. (2009) Investor sentiment as conditioning information in asset pricing. Journal of Banking and Finance, 33(5), pp. 892-903. (doi:10.1016/j.jbankfin.2008.10.004)

Hung, C.-H. (2008) Return predictability of higher-moment CAPM market models. Journal of Business Finance and Accounting, 35(7-8), pp. 998-1022. (doi:10.1111/j.1468-5957.2008.02102.x)

Hung, C.-H.D., Shackleton, M. and Xu, X. (2004) CAPM, higher co-moment and factor models of UK stock returns. Journal of Business Finance and Accounting, 31(1-2), pp. 87-112. (doi:10.1111/j.0306-686X.2004.0003.x)

This list was generated on Wed Sep 18 18:50:56 2019 BST.