Tsung-Kang Chen

National Chiao Tung University

Professor

No. 1001, Dasyue Rd., East Dist.,

Hsinchu City, 300

Taiwan

SCHOLARLY PAPERS

18

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Top 14,986

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3,454

SSRN CITATIONS
Rank 34,031

SSRN RANKINGS

Top 34,031

in Total Papers Citations

17

CROSSREF CITATIONS

3

Scholarly Papers (18)

1.

Information Uncertainty, Information Asymmetry and Corporate Bond Yield Spreads

Number of pages: 55 Posted: 18 Mar 2009
Hsien-Hsing Liao, Tsung-Kang Chen, Chia-Wu Lu and Wu Yi-Chieh
National Taiwan University, National Chiao Tung University, National Taiwan University - Department of Finance and affiliation not provided to SSRN
Downloads 370 (85,913)
Citation 8

Abstract:

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Information uncertainty, Information asymmetry, Yield spreads

2.

Performance Evaluation of Corporate Strategic Activities - a Market-Based Net Synergy Model

Number of pages: 61 Posted: 16 Mar 2006
Hsien-Hsing Liao and Tsung-Kang Chen
National Taiwan University and National Chiao Tung University
Downloads 316 (102,666)

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asset exchange ratio, market synergy, strategic activity, agency issue

3.

Agency and Information Asymmetry Issues in Structural Credit Models: Evidences from Bank Industry

Number of pages: 60 Posted: 27 Mar 2008
Hsien-Hsing Liao, Tsung-Kang Chen and Chia-Wu Lu
National Taiwan University, National Chiao Tung University and National Taiwan University - Department of Finance
Downloads 294 (110,969)

Abstract:

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Credit Risk, Structural Form Models, Commercial Banks, Agency Problems, Information Asymmetry

4.

A Cash Flow Based Multi-Period Corporate Credit Model

Number of pages: 55 Posted: 06 Jul 2005
Hsien-Hsing Liao and Tsung-Kang Chen
National Taiwan University and National Chiao Tung University
Downloads 284 (115,081)

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Multi-period Credit Model, Industrial Cyclicality, Cash Flow

5.

Real Earnings Management Uncertainty and Corporate Credit Risk

European Accounting Review, Forthcoming
Number of pages: 47 Posted: 13 Apr 2014
Tsung-Kang Chen, Yi-Jie Tseng and Yu-Ting Hsieh
National Chiao Tung University, Fu-Jen Catholic University and National Cheng Kung University
Downloads 254 (129,411)
Citation 1

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Real earnings management activities; Accounting information uncertainty; Credit risk; Bond yield spreads

6.

Estimating Multi-Period Corporate Credit Risk - A Cash Flow Based Approach

Number of pages: 67 Posted: 23 Mar 2007
Hsien-Hsing Liao, Tsung-Kang Chen and Chia-Wu Lu
National Taiwan University, National Chiao Tung University and National Taiwan University - Department of Finance
Downloads 248 (132,584)

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Multi-period Credit Risk, Structural Form Model, Cash flow

7.

Internal Liquidity Risk in Corporate Bond Yield Spreads: Bond- and Market-Level Evidences

Number of pages: 64 Posted: 18 Mar 2009 Last Revised: 05 Sep 2010
Hsien-Hsing Liao, Tsung-Kang Chen and tsai pei-ling
National Taiwan University, National Chiao Tung University and affiliation not provided to SSRN
Downloads 247 (133,117)
Citation 3

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Flow-based credit risk, Internal liquidity risk, Bond yield spreads

Do the Sources of Funds used in Stock Repurchase Matter? A Credit Risk Perspective

21st Australasian Finance and Banking Conference 2008 Paper
Number of pages: 51 Posted: 22 Aug 2008 Last Revised: 18 Mar 2009
Hsien-Hsing Liao, Chin-Chun Chang and Tsung-Kang Chen
National Taiwan University, affiliation not provided to SSRN and National Chiao Tung University
Downloads 162 (196,613)

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Stock repurchase, Signaling effect, Wealth transfer effect, Credit risk

Do the Sources of Funds Used in Stock Repurchase Matter? A Credit Risk Perspective

Number of pages: 51 Posted: 18 Mar 2009
Hsien-Hsing Liao, Tsung-Kang Chen and Chin-Chun Chang
National Taiwan University, National Chiao Tung University and affiliation not provided to SSRN
Downloads 69 (358,800)

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Stock repurchase, Signaling effect, Wealth transfer effect, Credit risk

9.

Multi-Period Corporate Short-Term Credit Risk Assessment - a State-Dependent Stochastic Liquidity Balance Model

Number of pages: 40 Posted: 19 Jul 2005
Hsien-Hsing Liao, Tsung-Kang Chen and Tong-Li Chou
National Taiwan University, National Chiao Tung University and National Taiwan University
Downloads 216 (151,607)

Abstract:

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Credit risk, multi-period, liquidity balance

10.

A Cyclicality Linked Corporate Short-Term Credit Model - Solvency Ratio Approach

Number of pages: 39 Posted: 19 Jul 2005
Hsien-Hsing Liao and Tsung-Kang Chen
National Taiwan University and National Chiao Tung University
Downloads 185 (174,974)

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Cyclicality, Solvency Ratio, Multi-period short-term credit model

11.

Optimal Capital Structure and Speed of Adjustment: Inside Debt Perspective

Asian Finance Association (AsianFA) 2016 Conference
Number of pages: 40 Posted: 12 Feb 2016
Hsien-Hsing Liao, Tsung-Kang Chen and Yi-Han Chang
National Taiwan University, National Chiao Tung University and Independent
Downloads 174 (184,741)

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12.

Information Flow Risk, Supply Chain Characteristics and Corporate Bond Yield Spreads

Number of pages: 50 Posted: 17 Mar 2010 Last Revised: 26 Aug 2013
Tsung-Kang Chen, Hsien-Hsing Liao, Hui-Ju Kuo and Yu-Ling Hsieh
National Chiao Tung University, National Taiwan University, National Taiwan University and National Taiwan University
Downloads 159 (199,611)
Citation 2

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Information flow risk, Bond yield spreads, Supply chain, Customers, Suppliers

13.

A Flow-Based Corporate Credit Model

Number of pages: 27 Posted: 07 Jul 2009
Tsung-Kang Chen, Hsien-Hsing Liao and Chia-Wu Lu
National Chiao Tung University, National Taiwan University and National Taiwan University - Department of Finance
Downloads 139 (222,886)
Citation 1

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internal liquidity, liquidity crunch, flow-base credit model

14.

Internal Liquidity Risk in REIT Excess Returns

22nd Australasian Finance and Banking Conference 2009
Number of pages: 32 Posted: 19 Aug 2009 Last Revised: 17 Nov 2009
Tsung-Kang Chen, Hsien-Hsing Liao, Ahyee Lee and Chia-Wu Lu
National Chiao Tung University, National Taiwan University, Fu-Jen Catholic University and Providence University (Taiwan)
Downloads 129 (236,226)

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Internal Liquidity risk, REIT excess returns, Internal Liquidity State Variable

15.

Labor Unions, Bargaining Power and Corporate Bond Yield Spreads: Structural Credit Model Perspectives

Number of pages: 47 Posted: 17 Mar 2010 Last Revised: 30 Dec 2010
Tsung-Kang Chen, Yan-Shing Chen and Hsien-Hsing Liao
National Chiao Tung University, National Taiwan University and National Taiwan University
Downloads 104 (276,176)
Citation 3

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Labor union, Bargaining power, Credit risk, Bond yield spreads

16.

Agency Issues in Structural Credit Models - Evidences from Bank Industry

Second Singapore International Conference on Finance 2008
Number of pages: 55 Posted: 04 Feb 2008
Hsien-Hsing Liao, Tsung-Kang Chen, Chia-Wu Lu and Wei-Ling Kuo
National Taiwan University, National Chiao Tung University, National Taiwan University - Department of Finance and affiliation not provided to SSRN
Downloads 87 (309,935)

Abstract:

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Credit Risk, Structural Form Models, Commercial Banks, Agency factors

17.

Readability of Notes to Consolidated Financial Statements and Corporate Bond Yield Spread

European Accounting Review, Forthcoming
Number of pages: 50 Posted: 30 Mar 2020
Tsung-Kang Chen and Yi-Jie Tseng
National Chiao Tung University and Fu-Jen Catholic University
Downloads 17 (575,930)

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Notes to consolidated financial statements (Notes); Narrative disclosure readability; Notes readability; Bond yield spread; Credit risk; Term structure

18.

Employee Treatment and its Implications for Bondholders

European Financial Management, Vol. 25, Issue 4, pp. 1047-1079, 2019
Number of pages: 33 Posted: 19 May 2020
Tsung-Kang Chen, Yan-Shing Chen and Hsiao-Lin Yang
National Chiao Tung University, National Taiwan University and National Chengchi University (NCCU) - Department of Finance
Downloads 0 (711,284)
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Abstract:

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bond yield spreads, cost of debt, employee treatment