Sirimon Treepongkaruna

The University of Western Australia

Professor

35 Stirling Highway

Crawley, Western Australia 6009

Australia

Financial Research Network (FIRN)

C/- University of Queensland Business School

St Lucia, 4071 Brisbane

Queensland

Australia

http://www.firn.org.au

SCHOLARLY PAPERS

40

DOWNLOADS
Rank 18,966

SSRN RANKINGS

Top 18,966

in Total Papers Downloads

3,810

SSRN CITATIONS
Rank 31,129

SSRN RANKINGS

Top 31,129

in Total Papers Citations

14

CROSSREF CITATIONS

13

Scholarly Papers (40)

1.

Corporate Governance, Earning Quality and Information Asymmetry: Evidence from Insider Trading Around the Globe

FIRN Research Paper No. 2725778
Number of pages: 42 Posted: 02 Feb 2016
Allan Hodgson, Suntharee Lhaopadchan and Sirimon Treepongkaruna
University of Queensland - Faculty of Business, Economics and Law, Kasetsart University - Faculty of Management Sciences and The University of Western Australia
Downloads 784 (45,008)

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Corporate Governance; Insider Trading; Day of Week; Directorial Position; Earnings Management

2.

Are Co-Skewness and Co-Kurtosis Factors Priced?

24th Australasian Finance and Banking Conference 2011 Paper
Number of pages: 38 Posted: 27 Aug 2011
Richard A. Heaney, Yihui Lan and Sirimon Treepongkaruna
University of Western Australia, The University of Western Australia and The University of Western Australia
Downloads 367 (114,840)
Citation 1

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asset pricing, skewness, kurtosis, size, book-to-market, momentum

3.

Does Board Independence Substitute for External Audit Quality? Evidence from an Exogenous Regulatory Shock

Number of pages: 27 Posted: 28 Apr 2017
Pandej Chintrakarn, Sirimon Treepongkaruna, Pornsit Jiraporn and Shenghui Tong
Mahidol University International College (MUIC), The University of Western Australia, Pennsylvania State University - School of Graduate Professional Studies (SGPS) and Central University of Finance and Economics (CUFE)
Downloads 227 (187,882)
Citation 3

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auditor, independent directors, board independence, corporate governance, Sarbanes-Oxley, exogenous shock, natural experiment

4.

Are All Insiders on the Inside? Evidence from the Initiation of CDS Trading and Short Selling in the Financial Sector

Journal of International Financial Markets, Institutions and Money, Vol. 54, 114-129, 2018
Number of pages: 35 Posted: 20 Jan 2017 Last Revised: 28 May 2019
Thomas Y. To, Sirimon Treepongkaruna and Eliza Wu
University of Sydney Business School, The University of Western Australia and The University of Sydney - Business School
Downloads 217 (196,172)
Citation 4

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Insider Trading, Short-Sales, SHO Regulation, Financial firms, CDS Trading

5.

Trading Activity and Realized Volatility: Evidence with Decomposed Trading Volume and Order Imbalance

23rd Australasian Finance and Banking Conference 2010 Paper
Number of pages: 37 Posted: 25 Aug 2010 Last Revised: 24 Nov 2010
Sze Shih Ting, Don U. A. Galagedera, Sirimon Treepongkaruna and Robert D. Brooks
Monash University, Monash University - Department of Econometrics and Business Statistics, The University of Western Australia and Monash University
Downloads 150 (269,948)
Citation 1

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Trading activity, realized volatility, order imbalance

6.

Stock and Currency Market Linkages: New Evidence from Realized Spillovers in Higher Moments

International Review of Economics & Finance, Vol. 42, 167-185, 2016
Number of pages: 40 Posted: 25 Aug 2011 Last Revised: 05 May 2016
Hung Xuan Do, Robert D. Brooks, Sirimon Treepongkaruna and Eliza Wu
Massey University, Albany campus, Monash University, The University of Western Australia and The University of Sydney - Business School
Downloads 138 (288,321)
Citation 4

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fractionally integrated VAR, bootstrap, generalized impulse response, spillovers, higher moments, intraday data

7.

The Impact of Target Board Recommendations in Australian Takeovers

Number of pages: 46 Posted: 20 Nov 2007
Larelle Law Chapple and Sirimon Treepongkaruna
QUT School of Business and The University of Western Australia
Downloads 135 (293,269)

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Australian Takeovers, Bid Premium, Toehold Puzzle, Target Statements, Managerial Resistance, Corporate Governance

8.

Identifying Banking Crises Dates

Systemic Risk, Basel III, Financial Stability and Regulation, 2011
Number of pages: 31 Posted: 01 Mar 2011 Last Revised: 26 Oct 2011
Pearpilai Jutasompakorn, Sirimon Treepongkaruna and Robert D. Brooks
Singapore Institute of Technology, The University of Western Australia and Monash University
Downloads 120 (320,026)

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Banking crisis, crisis dates, Markov switching, three regimes, Banking system stock return

9.

Does Firm-Level Political Risk Influence Corporate Social Responsibility (CSR)? Evidence from Earnings Conference Calls

Number of pages: 42 Posted: 22 Mar 2021
Sasin GIBA, The University of Western Australia, Pennsylvania State University - School of Graduate Professional Studies (SGPS) and State University of New York (SUNY) - State University of New York (SUNY) at Oswego
Downloads 118 (323,807)

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Corporate social responsibility, CSR, instrumental variable, political exposure, political risk, risk mitigation

10.

Does Shareholder Litigation Risk Promote or Hinder Corporate Social Responsibility (CSR)? A Quasi-Natural Experiment

Number of pages: 51 Posted: 11 Jan 2022
Anutchanat Jaroenjitrkam, Sirimon Treepongkaruna and Pornsit Jiraporn
Thammasat University - Thammasat Business School, The University of Western Australia and Pennsylvania State University - School of Graduate Professional Studies (SGPS)
Downloads 110 (340,122)

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corporate social responsibility, shareholder litigation risk, shareholder lawsuit, Ninth Circuit, natural experiment, exogenous shock

11.

A Storm But No Damage? A Two-Country Equity and Currency Market Perspective of Brexit

Number of pages: 31 Posted: 20 Mar 2018
Dirk G. Baur, Thomas Dimpfl and Sirimon Treepongkaruna
University of Western Australia - Business School, University of Hohenheim and The University of Western Australia
Downloads 107 (346,495)

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Brexit, Cross-Listing, Price Discovery, Volatility, High-Frequency Data, Contagion

12.

The Effects of Ownership Concentration and Corporate Governance on Corporate Risk-Taking: The Case of Thailand

Number of pages: 32 Posted: 14 May 2019
Seksak Jumreonwong, Sirimon Treepongkaruna, Panu Prommin and Pornsit Jiraporn
Thammasat University, The University of Western Australia, Bank of Thailand and Pennsylvania State University - School of Graduate Professional Studies (SGPS)
Downloads 101 (360,043)

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ownership, corporate governance, risk-taking, agency theory, instrumental variable

13.

Is There a Banking Risk Premium in the US Stock Market?

23rd Australasian Finance and Banking Conference 2010 Paper
Number of pages: 25 Posted: 18 Jul 2010
Liujing Zeng, Hue Hwa Au Yong, Sirimon Treepongkaruna and Robert W. Faff
Monash University, Monash University - Department of Banking and Finance, The University of Western Australia and University of Queensland
Downloads 99 (364,767)
Citation 2

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Asset Pricing, Banking Risk Factor, Mimicking Portfolio, Bank Size

Do Sovereign Re-Ratings Destabilize Equity Markets During Financial Crises?: New Evidence From Higher Return Moments

Journal of Business Finance & Accounting, Forthcoming
Number of pages: 34 Posted: 07 Dec 2012 Last Revised: 21 May 2015
Robert D. Brooks, Robert W. Faff, Sirimon Treepongkaruna and Eliza Wu
Monash University, University of Queensland, The University of Western Australia and The University of Sydney - Business School
Downloads 92 (385,220)

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sovereign ratings, realized volatility, realized skewness, realized kurtosis, stock market impact

Do Sovereign Re‐Ratings Destabilize Equity Markets During Financial Crises? New Evidence from Higher Return Moments

Journal of Business Finance & Accounting, Vol. 42, Issue 5-6, pp. 777-799, 2015
Number of pages: 23 Posted: 17 Jul 2015
Robert D. Brooks, Robert W. Faff, Sirimon Treepongkaruna and Eliza Wu
Monash University, University of Queensland, The University of Western Australia and The University of Sydney - Business School
Downloads 0

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sovereign ratings, realized volatility, realized skewness, realized kurtosis, stock market impact

15.

How does Trading Volume Affect Financial Return Distributions?

International Review of Financial Analysis, Vol. 35, 2014
Number of pages: 41 Posted: 12 Jun 2012 Last Revised: 21 May 2015
Hung Xuan Do, Robert D. Brooks, Sirimon Treepongkaruna and Eliza Wu
Massey University, Albany campus, Monash University, The University of Western Australia and The University of Sydney - Business School
Downloads 91 (384,583)
Citation 1

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intraday data, higher moments, information theory, long memory, fractional integrated VAR, generalized impulse response

16.

Information Transfer, Rent Extraction and Insider Trading ― Who Internalised the Private Information Externality?

Number of pages: 35 Posted: 25 Sep 2014 Last Revised: 29 Oct 2014
Allan Hodgson, Suntharee Lhaopadchan and Sirimon Treepongkaruna
University of Queensland - Faculty of Business, Economics and Law, Kasetsart University - Faculty of Management Sciences and The University of Western Australia
Downloads 85 (400,843)

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insider regulatory cost/benefits, media and insider trading, insiders and intangibles, adverse trading costs and Sarbanes-Oxley

17.

Impact of Hedging Pressure on Implied Volatility in Financial Times and London Stock Exchange (FTSE) Market

The International Journal of Business and Finance Research, Vol. 3, No. 1, pp. 103-118, 2009
Number of pages: 16 Posted: 27 Feb 2010
Li Guozhou, Christopher Gan and Sirimon Treepongkaruna
Kingdream Public Limited Company, Lincoln University (NZ) and The University of Western Australia
Downloads 83 (406,515)

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18.

The Effects of Sovereign Rating Drifts on Financial Return Distributions: Evidence from the European Union

International Review of Financial Analysis, Vol. 34, 5-20, 2014, 25th Australasian Finance and Banking Conference 2012
Number of pages: 43 Posted: 28 Aug 2012 Last Revised: 05 May 2016
Hung Xuan Do, Robert D. Brooks, Sirimon Treepongkaruna and Eliza Wu
Massey University, Albany campus, Monash University, The University of Western Australia and The University of Sydney - Business School
Downloads 78 (421,361)
Citation 1

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Intraday data, higher moments, Markov regime switching, long memory, sovereign credit rating, credit rating agency

19.

Do LGBT-Supportive Corporate Policies Improve Credit Ratings?: An Instrumental-Variable Analysis

Number of pages: 33 Posted: 09 Sep 2018
Pandej Chintrakarn, Sirimon Treepongkaruna, Pornsit Jiraporn and Sangmook Lee
Mahidol University International College (MUIC), The University of Western Australia, Pennsylvania State University - School of Graduate Professional Studies (SGPS) and Pennsylvania State University - School of Graduate Professional Studies (SGPS)
Downloads 73 (437,094)
Citation 1

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LGBT, LGBT-Friendly, LGBT-Supportive, Credit Ratings, Corporate Social Responsibility, CSR

20.

Generalized Impulse Response Analysis in a Fractionally Integrated Vector Autoregressive Model

Economics Letters, Vol 118, Issue 3, March 2013, 462-465
Number of pages: 12 Posted: 23 Sep 2011 Last Revised: 04 May 2016
Hung Xuan Do, Robert D. Brooks and Sirimon Treepongkaruna
Massey University, Albany campus, Monash University and The University of Western Australia
Downloads 70 (447,064)
Citation 1

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generalized impulse response, fractionally integrated VAR model, long memory

21.

Carbon Emissions, Corporate Governance, and Staggered Boards

Number of pages: 35 Posted: 06 Jun 2022
Suparatana Tanthanongsakkun, Sirimon Treepongkaruna and Pornsit Jiraporn
Chulalongkorn Business School, Chulalongkorn University, Thailand, The University of Western Australia and Pennsylvania State University - School of Graduate Professional Studies (SGPS)
Downloads 60 (483,191)

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carbon emissions, staggered boards, classified boards, ESG, corporate governance, agency theory

22.

Choice of Expected Return Proxy and Asset Pricing Model Tests: Should It Matter?

Number of pages: 63 Posted: 06 Feb 2017
Fatima Khushnud, Richard A. Heaney and Sirimon Treepongkaruna
The University of Western Australia - UWA Business School, University of Western Australia and The University of Western Australia
Downloads 57 (494,830)

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asset pricing, IBES analyst target price, realized returns, expected annual returns

23.

Stakeholder Engagement and Firms’ Innovation: Evidence from LGBT-Supportive Policies

Number of pages: 29 Posted: 12 May 2021
Khine Kyaw, Sirimon Treepongkaruna and Pornsit Jiraporn
NTNU Business School, The University of Western Australia and Pennsylvania State University - School of Graduate Professional Studies (SGPS)
Downloads 55 (502,914)

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innovative activities, research and development, LGBT, inclusive corporate policies, corporate governance, financial crisis, corporate social responsibility, resource hypothesis, externalities hypothesis, employee commitment

24.

The Precious Metals Holdings of Chinese Commercial Banks

Number of pages: 31 Posted: 19 Sep 2019
Dirk G. Baur, Md Zakir Hossain, Anna Retnawati, Sirimon Treepongkaruna and Jing Yu
University of Western Australia - Business School, The University of Western Australia, The University of Western Australia, The University of Western Australia and The University of Sydney
Downloads 54 (507,064)

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gold, China, commercial banks, import licenses, gold swaps, BIS, trading income, interconnectedness, systemic risk

25.

Does Board Gender Diversity Reduce 'CEO luck'?

Number of pages: 25 Posted: 11 Mar 2021
NIDA Business School, National Institute of Development Administration (NIDA), Thammasat University - Thammasat Business School, The University of Western Australia and Pennsylvania State University - School of Graduate Professional Studies (SGPS)
Downloads 53 (511,302)

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board gender diversity, female directors, CEO luck, opportunistic timing of option grants, corporate governance.

26.

How Do Independent Directors View Corporate Social Responsibility (CSR) During a Stressful Time? Evidence From the Financial Crisis

Number of pages: 44 Posted: 02 Oct 2020
Pandej Chintrakarn, Pornsit Jiraporn and Sirimon Treepongkaruna
Mahidol University International College (MUIC), Pennsylvania State University - School of Graduate Professional Studies (SGPS) and The University of Western Australia
Downloads 52 (515,563)

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Corporate Social Responsibility, Independent Directors, Board Independence, Corporate Governance, Financial Crisis

27.

Milestone Birthdays and Retirement Investment Behaviour

Number of pages: 33 Posted: 18 Aug 2017
Paul Gerrans, David Pitt and Sirimon Treepongkaruna
The University of Western Australia - UWA Business School, Financial Research Network (FIRN) and The University of Western Australia
Downloads 49 (528,820)

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Milestone age, life-cycle, retirement savings, consumer finance, household finance, birthdays

28.

How Do Independent Directors View Generalist vs. Specialist CEOs? Evidence from an Exogenous Regulatory Shock

Number of pages: 34 Posted: 19 Oct 2021 Last Revised: 21 Oct 2021
Pattanaporn Chatjuthamard, Pornsit Jiraporn and Sirimon Treepongkaruna
Sasin GIBA, Pennsylvania State University - School of Graduate Professional Studies (SGPS) and The University of Western Australia
Downloads 41 (567,315)

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generalist CEOs, specialist CEOs, independent directors, board independence, corporate governance, Sarbanes-Oxley

29.

Does Board Independence Influence Asset Redeployability? Evidence From a Quasi-Natural Experiment

Number of pages: 34 Posted: 21 Sep 2021
Chaiyuth Padungsaksawasdi, Sirimon Treepongkaruna, Pornsit Jiraporn and Ali Uyar
Thammasat Business School, The University of Western Australia, Pennsylvania State University - School of Graduate Professional Studies (SGPS) and La Rochelle Business School
Downloads 40 (572,445)

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redeployability, board independence, independent directors, corporate governance, investment irreversibility, Sarbanes-Oxley

30.

The Pricing of ULP and Diesel in the Western Australian Retail Fuel Market

Number of pages: 45 Posted: 14 Feb 2017
Richard A. Heaney and Sirimon Treepongkaruna
University of Western Australia and The University of Western Australia
Downloads 37 (588,335)

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Retail fuel pricing, ULP, Diesel, Western Australia

31.

LGBT-Supportive Corporate Policies, Risk Aversion and Mitigation, and Economic Policy Uncertainty

Number of pages: 36 Posted: 11 Feb 2022
Chaiyuth Padungsaksawasdi, Sirimon Treepongkaruna and Pornsit Jiraporn
Thammasat Business School, The University of Western Australia and Pennsylvania State University - School of Graduate Professional Studies (SGPS)
Downloads 34 (605,271)

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LGBT-supportive, LGBT-friendly, economic policy uncertainty, corporate social responsibility, risk mitigation, uncertainty

32.

Forecasting and Finite Sample Performance of Short Rate Models: International Evidence

International Review of Finance, Vol. 5, No. 3-4, pp. 175-197, September/December 2005
Number of pages: 23 Posted: 02 Nov 2006
Sirimon Treepongkaruna
The University of Western Australia
Downloads 31 (623,320)

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33.

Information and Volatility Links in the Foreign Exchange Market

Accounting & Finance, Vol. 49, Issue 2, pp. 385-405, June 2009
Number of pages: 21 Posted: 20 May 2009
Sirimon Treepongkaruna
The University of Western Australia
Downloads 2 (876,146)

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34.

Explaining the Bid-Ask Spread in the Foreign Exchange Market: A Test of Alternate Models

Australian Journal of Management, Vol. 39, No. 4, 2014
Posted: 14 Nov 2014
Sirimon Treepongkaruna, Tim Brailsford and Stephen Gray
The University of Western Australia, Bond University and University of Queensland - Business School

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Bid-ask spread, foreign exchange, inventory-holding premium, microstructure

35.

A Re-Examination of the Empirical Performance of the Longstaff and Schwartz Two-Factor Term Structure Model Using Real Yield Data

Australian Journal of Management, Vol. 38, No. 2, 2013
Posted: 30 Jul 2013
Robert W. Faff and Sirimon Treepongkaruna
University of Queensland and The University of Western Australia

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Longstaff-Schwartz two-factor model, multi-country test, real yield data, term structure

36.

Recession Fears as Self-Fulfilling Prophecies? Influence on Stock Returns and Output

Australian Journal of Management, Vol. 37, No. 2, 2012
Posted: 04 Aug 2012
Sirimon Treepongkaruna and John G. Powell
The University of Western Australia and Massey University - Department of Finance Banking and Property

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ex-ante recession fears, ex-ante recession probability assessment, ex-ante stock market and output, recession fear effects

37.

Determinants of Bond Spreads: Evidence from Credit Derivatives of Australian Firms

Australian Journal of Management, Vol. 37, No. 1, 2012
Posted: 05 May 2012
Tristan Darwin, Sirimon Treepongkaruna and Robert W. Faff
affiliation not provided to SSRN, The University of Western Australia and University of Queensland

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credit default swap, credit spread, default risk, liquidity, Merton model

38.

Do Trading Hours Affect Volatility Links in the Foreign Exchange Market?

Australian Journal of Management, Vol. 37, No. 1, 2012
Posted: 05 May 2012
Sirimon Treepongkaruna, Robert D. Brooks and Stephen Gray
The University of Western Australia, Monash University and University of Queensland - Business School

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common information, foreign exchange market, stochastic volatility, trading hours, volatility spillover

39.

An Analysis of the Determinants of Bank Ratings: Comparison Across Ratings Agencies

Australian Journal of Management, Vol. 36, No. 3, 2011
Posted: 21 Dec 2011
Emawtee Bissoondoyal-Bheenick and Sirimon Treepongkaruna
Monash University and The University of Western Australia

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bank ratings, ordered response model

40.

Asset Market Linkages: Evidence from Financial, Commodity and Real Estate Assets

Journal of Banking and Finance, Forthcoming
Posted: 06 Jan 2011
Kam Fong Chan, Sirimon Treepongkaruna, Robert D. Brooks and Stephen Gray
The University of Western Australia, The University of Western Australia, Monash University and University of Queensland - Business School

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Markov switching, Asset linkages, Flight to quality, Flight from quality, Contagion