Yen-Cheng Chang

National Taiwan University - College of Management

Associate Professor of Finance

Department and Graduate Institute of Finance

College of Management

Taipei 106

Taiwan

National Taiwan University - Center for Research in Econometric Theory and Applications

1, Sec. 4, Roosevelt Road

Taipei, 106

Taiwan

SCHOLARLY PAPERS

11

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SSRN CITATIONS
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Top 5,131

in Total Papers Citations

176

CROSSREF CITATIONS

84

Scholarly Papers (11)

Regression Discontinuity and the Price Effects of Stock Market Indexing

Review of Financial Studies, Vol. 28, No. 1, 2015
Number of pages: 53 Posted: 03 Jul 2013 Last Revised: 19 Jul 2015
Yen-Cheng Chang, Harrison G. Hong and Inessa Liskovich
National Taiwan University - College of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics and University of Texas at Austin - Department of Finance
Downloads 2,595 (7,331)
Citation 10

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index inclusion, regression discontinuity

Rules and Regression Discontinuities in Asset Markets

Number of pages: 46 Posted: 29 Aug 2011 Last Revised: 13 Aug 2013
Yen-Cheng Chang and Harrison G. Hong
National Taiwan University - College of Management and Columbia University, Graduate School of Arts and Sciences, Department of Economics
Downloads 696 (52,200)
Citation 3

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portfolio rules, regression discontinuity, index inclusion

Regression Discontinuity and the Price Effects of Stock Market Indexing

NBER Working Paper No. w19290
Number of pages: 54 Posted: 10 Aug 2013 Last Revised: 18 Mar 2022
Yen-Cheng Chang, Harrison G. Hong and Inessa Liskovich
National Taiwan University - College of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics and University of Texas at Austin - Department of Finance
Downloads 28 (661,680)
Citation 48

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2.
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Citation 1

Testing Disagreement Models

Journal of Finance, Forthcoming, Swedish House of Finance Research Paper No. 20-5
Number of pages: 69 Posted: 05 Dec 2019 Last Revised: 20 Jul 2021
National Taiwan University - College of Management, National Taiwan University, Centre for Economic Policy Research (CEPR)Swedish House of Finance and National Taiwan University - Department of Finance
Downloads 979 (32,729)
Citation 1

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investor disagreement, crash risk, EDGAR, behavioral finance

Testing Disagreement Models

CEPR Discussion Paper No. DP14677
Number of pages: 72 Posted: 08 May 2020 Last Revised: 22 Sep 2021
National Taiwan University - College of Management, National Taiwan University, Centre for Economic Policy Research (CEPR)Swedish House of Finance and National Taiwan University - Department of Finance
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3.

Does Diversity Lead to Diverse Opinions? Evidence from Languages and Stock Markets

Rock Center for Corporate Governance at Stanford University Working Paper No. 168, Stanford University Graduate School of Business Research Paper No. 13-16
Number of pages: 53 Posted: 01 Jan 2014 Last Revised: 20 Jan 2015
National Taiwan University - College of Management, Columbia University, Graduate School of Arts and Sciences, Department of Economics, Stanford Graduate School of Business, Hofstra University - Frank G. Zarb School of Business and Thammasat Business School
Downloads 928 (35,795)
Citation 14

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Do Corporate Disclosures Constrain Strategic Analyst Behavior?

Swedish House of Finance Research Paper No. 20-12
Number of pages: 75 Posted: 05 May 2020 Last Revised: 13 Jun 2022
National Taiwan University - College of Management, Centre for Economic Policy Research (CEPR)Swedish House of Finance and National Taiwan University - Department of Finance
Downloads 525 (74,859)
Citation 1

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Financial Analysts, EDGAR, Mandatory Disclosure, Financial Intermediary

Do Corporate Disclosures Constrain Strategic Analyst Behavior?

CEPR Discussion Paper No. DP14678
Number of pages: 65 Posted: 08 May 2020
National Taiwan University - College of Management, Centre for Economic Policy Research (CEPR)Swedish House of Finance and National Taiwan University - Department of Finance
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5.

Short-Termist CEO Compensation in Speculative Markets: A Controlled Experiment

Contemporary Accounting Research, 2021, Vol. 38, pp. 2105-2156
Number of pages: 74 Posted: 14 Jul 2017 Last Revised: 16 Oct 2021
Yen-Cheng Chang, Minjie Huang, Yu-Siang Su and Kevin Tseng
National Taiwan University - College of Management, University of Louisville - Department of Finance, National Taiwan University - Department of Finance and National Taiwan University - Department of Finance
Downloads 473 (85,826)
Citation 1

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CEO Compensation, Speculative Market, Disagreement, Institutional Ownership

6.

Information Environment and Investor Behavior

Journal of Banking and Finance, Vol. 59, 2015
Number of pages: 59 Posted: 15 Mar 2011 Last Revised: 20 Jul 2015
Yen-Cheng Chang, Hung-Wen Cheng and Hung-Wen Cheng
National Taiwan University - College of Management and Department of Financial Engineering and Actuarial Mathematics, Soochow UniversityDepartment of Financial Engineering and Actuarial Mathematics, Soochow University
Downloads 430 (96,021)
Citation 2

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Confirmation Bias, Momentum, Intangible Returns

7.

Jump Variance Risk: Evidence from Option Valuation and Stock Returns

Journal of Futures Markets, Volume 39, Issue 7, pp. 890-915
Number of pages: 47 Posted: 17 Mar 2017 Last Revised: 16 Oct 2021
National Taiwan University, National Taiwan University - College of Management, Department of Financial Engineering and Actuarial Mathematics, Soochow UniversityDepartment of Financial Engineering and Actuarial Mathematics, Soochow University, University of Chicago and National Taiwan University - Department of Finance
Downloads 170 (243,930)

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Jump Variance Risk, Option Valuation, Non-Monotonic Pricing Kernel, Return Predictability

8.

Does Governance Travel Across Industries? A Mutual Fund Episode

Number of pages: 35 Posted: 12 Mar 2020
Yen-Cheng Chang, Kevin Tseng and Chia-Yi Yen
National Taiwan University - College of Management, National Taiwan University - Department of Finance and Mannheim Business School
Downloads 67 (458,218)

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Knowledge Transmission, Return Gap, Corporate Governance, Regression Discontinuity

9.

Diversity and Market Reactions to Corporate Earnings Announcements

Number of pages: 53 Posted: 30 Jun 2022
Yen-Cheng Chang, Yu-Siang Su, Kevin Tseng and Na Wang
National Taiwan University - College of Management, National Taiwan University - Department of Finance, National Taiwan University - Department of Finance and Hofstra University - Frank G. Zarb School of Business
Downloads 50 (525,412)

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Diversity, Earnings Announcement, Heterogeneous Interpretations, Investor Disagreement, Divergence of Opinions

10.

Market Timing and Share Repurchase: A Regression Discontinuity Approach

Number of pages: 14 Posted: 23 Mar 2022
Yen-Cheng Chang, Yu-Siang Su and Ju-Fang Yen
National Taiwan University - College of Management, National Taiwan University - Department of Finance and National Taipei University
Downloads 45 (548,463)

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11.

Can Stock Message Board Sentiment Predict Future Returns? Local versus Nonlocal Posts

Journal of Behavioral and Experimental Finance, 2022, Forthcoming
Number of pages: 25 Posted: 21 Jan 2022 Last Revised: 06 Feb 2022
Yen-Cheng Chang, Ran Shao and Na Wang
National Taiwan University - College of Management, Yeshiva University and Hofstra University - Frank G. Zarb School of Business
Downloads 44 (553,293)

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stock message board, investor sentiment, local versus nonlocal posts, return predictability, small stocks.