Frank M. Song

The University of Hong Kong - School of Economics and Finance

Associate Professor

8th Floor Kennedy Town Centre

23 Belcher's Street

Kennedy Town

Hong Kong

SCHOLARLY PAPERS

27

DOWNLOADS
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Top 2,419

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26,964

TOTAL CITATIONS
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SSRN RANKINGS

Top 7,675

in Total Papers Citations

338

Scholarly Papers (27)

1.

The Determinants of Capital Structure: Evidence from China

HIEBS (Hong Kong Institute of Economics and Business Strategy) Working Paper
Number of pages: 35 Posted: 13 Aug 2002
Samuel Gui Hai Huang and Frank M. Song
Macao Polytechnic Institute and The University of Hong Kong - School of Economics and Finance
Downloads 5,115 (3,683)
Citation 57

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Capital Structure, China economy,Capital market, State Owned Enterprises, Public listed companies

2.

Accounting Conservatism and Bankruptcy Risk

Journal of Accounting, Auditing and Finance, Forthcoming
Number of pages: 55 Posted: 06 Jun 2010 Last Revised: 01 Jun 2020
Gary C. Biddle, Mary L. Z. Ma and Frank M. Song
University of Melbourne - Faculty of Business and Economics, York University and The University of Hong Kong - School of Economics and Finance
Downloads 4,949 (3,902)
Citation 20

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Conservative financial reporting; bankruptcy risk; unconditional conservatism; conditional conservatism; cash enhancement; earnings management mitigation

3.

Corporate Governance and Firm Valuations in China

Number of pages: 35 Posted: 10 Jul 2003
The University of Hong Kong - School of Economics and Finance, Peking University - Guanghua School of Management, The University of Hong Kong - School of Business, The University of Hong Kong - School of Economics and Finance and The University of Hong Kong - School of Economics and Finance
Downloads 2,628 (10,920)
Citation 8

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Corporate governance, firm valuation, China, the G index

4.

Currency Internationalisation: Lessons from the Global Financial Crisis and Prospects for the Future in Asia and the Pacific (Full Publication)

BIS Paper No. 61
Number of pages: 236 Posted: 14 Feb 2012
Bank for International Settlements (BIS) - Monetary and Economic Department, Bank for International Settlements (BIS), affiliation not provided to SSRN, Central Bank of Iceland, Princeton University - Department of Economics, Reserve Bank of New Zealand, Bank for International Settlements (BIS), affiliation not provided to SSRN, Osaka University - Graduate School of Economics, University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center, affiliation not provided to SSRN, Chinese Academy of Social Sciences (CASS), affiliation not provided to SSRN, Hong Kong Monetary Authority - Hong Kong Institute for Monetary Research (HKIMR), affiliation not provided to SSRN, The University of Hong Kong - School of Economics and Finance, Sungkyunkwan University, affiliation not provided to SSRN, affiliation not provided to SSRN, Korea University - Department of Economics, Korea University, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN and Government of the Republic of the Philippines - Monetary Stability Sector
Downloads 2,158 (14,969)
Citation 1

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5.
Downloads 1,601 (15,974)
Citation 41

Financial Innovation: The Bright and the Dark Sides

Number of pages: 82 Posted: 25 Jan 2012 Last Revised: 29 Jul 2014
Thorsten Beck, Tao Chen, Chen Lin and Frank M. Song
City University London - The Business School, Nanyang Business School, Nanyang Technological University, The University of Hong Kong - Faculty of Business and Economics and The University of Hong Kong - School of Economics and Finance
Downloads 1,601 (23,485)
Citation 41

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Financial Innovation, Financial R&D Intensity, Bank Risk Taking, Financial Crisis, Industrial Growth, Finance and Growth

6.
Downloads 1,678 (22,270)
Citation 62

Corporate Governance and Market Valuation in China

Number of pages: 45 Posted: 25 May 2003
The University of Hong Kong - School of Economics and Finance, Peking University - Guanghua School of Management, The University of Hong Kong - School of Business, The University of Hong Kong - School of Economics and Finance and The University of Hong Kong - School of Economics and Finance
Downloads 1,678 (21,862)
Citation 62

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Corporate governance mechanisms, market valuation, corporate governance index, corporate governance premium

Corporate Governance and Market Valuation in China

Posted: 27 Jan 2005
The University of Hong Kong - School of Economics and Finance, Peking University - Guanghua School of Management, The University of Hong Kong - School of Business, The University of Hong Kong - School of Economics and Finance and The University of Hong Kong - School of Economics and Finance

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Corporate governance, market for corporate control, ownership, market valuation

7.

Assessing Hong Kong as an International Financial Centre

University of Hong Kong Faculty of Law Research Paper No. 2014/012
Number of pages: 209 Posted: 23 Apr 2014 Last Revised: 13 Jan 2018
The University of Hong Kong, Chinese University of Hong Kong - Faculty of Law, The University of Hong Kong - Faculty of Law, The University of Hong Kong - Department of Politics and Public Administration, The University of Hong Kong - Faculty of Business and Economics, University of Hong Kong Faculty of Law, The University of Hong Kong - School of Economics and Finance, Hong Kong Polytechnic University - School of Accounting and Finance, University of Hong Kong, University of Oxford, St. Peter's College and The University of Hong Kong - Department of Geography
Downloads 1,454 (27,625)
Citation 2

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Hong Kong, international financial center

8.

The Rise and Fall of Internet Stocks: Should Finanical Analysts Be Blamed?

Number of pages: 36 Posted: 12 Mar 2001
Qiao Liu and Frank M. Song
Peking University - Guanghua School of Management and The University of Hong Kong - School of Economics and Finance
Downloads 1,301 (32,572)
Citation 12

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Internet stocks, bubbles, finanical analysts, forecast bias, conflict of interests

9.

The Value of Corporate Control: Evidence from China's Distressed Firms

Number of pages: 31 Posted: 19 Jun 2002
Chong-En Bai, Qiao Liu and Frank M. Song
The University of Hong Kong - School of Economics and Finance, Peking University - Guanghua School of Management and The University of Hong Kong - School of Economics and Finance
Downloads 1,144 (39,203)
Citation 17

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private benefits of control, tunneling, corporate governance, special treatment, China

10.

Do Bank Regulation, Supervision and Monitoring Enhance or Impede Bank Efficiency?

Number of pages: 50 Posted: 28 Mar 2010
Auburn University, The University of Hong Kong - Faculty of Business and Economics, City University of Hong Kong (CityU) - Department of Economics & Finance, Sun Yat-sen University (SYSU) - Department of Economics and The University of Hong Kong - School of Economics and Finance
Downloads 1,065 (43,541)
Citation 61

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11.

Corporate Governance, Family Ownership, and Firm Valuations in Emerging Markets: Evidence from Hong Kong Panel Data

Number of pages: 36 Posted: 06 Mar 2008
Frank M. Song and Adrian C. H. Lei
The University of Hong Kong - School of Economics and Finance and University of Macau - Faculty of Business Administration
Downloads 999 (47,633)
Citation 3

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Corporate governance, market for corporate control, ownership, market valuation, executive compensation.

12.

The Financial and Operating Performance of China's Newly Listed H-Firms

HIEBS (Hong Kong Institute of Economics and Business Strategy) Working Paper
Number of pages: 40 Posted: 03 Oct 2002
Samuel Gui Hai Huang and Frank M. Song
Macao Polytechnic Institute and The University of Hong Kong - School of Economics and Finance
Downloads 740 (71,594)
Citation 3

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Company performance, share issue privatization (SIP), state-owned enterprises (SOEs), IPO, China, reform, Hong Kong capital market

13.

Managerial Incentives, CEO Characteristics and Corporate Innovation in China’s Private Sector

Journal of Comparative Economics, Forthcoming
Number of pages: 35 Posted: 18 Dec 2009
Chen Lin, Ping Lin, Frank M. Song and Chuntao Li
The University of Hong Kong - Faculty of Business and Economics, Lingnan University - Department of Economics, The University of Hong Kong - School of Economics and Finance and The University of Hong Kong - School of Economics and Finance
Downloads 433 (139,368)
Citation 31

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14.

Corruption in Bank Lending to Firms: Do Competition and Information Sharing Matter?

Number of pages: 47 Posted: 24 Jul 2007
James R. Barth, Chen Lin, Ping Lin and Frank M. Song
Auburn University, The University of Hong Kong - Faculty of Business and Economics, Lingnan University - Department of Economics and The University of Hong Kong - School of Economics and Finance
Downloads 398 (153,546)
Citation 1

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Competition, Information Sharing, Bank Lending, Co

15.

Regulatory Arbitrage: Evidence from Bank Cross-Border M&As

Number of pages: 46 Posted: 23 May 2011
Hui Dong, Frank M. Song and Libin Tao
Shanghai University of Finance and Economics - School of Accountancy, The University of Hong Kong - School of Economics and Finance and University of International Business and Economics - School of Banking and Finance
Downloads 346 (179,264)
Citation 6

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Bank Regulation, Mergers and Acquisitions, Regulatory Arbitrage

16.

Rating-Based Restriction, Credit Rating Inflation and Bond Covenants - Evidence from Chinese Bond Market

Number of pages: 46 Posted: 23 Sep 2018 Last Revised: 04 Oct 2018
Zhongkuang Zhao, Wanfa Lin and Frank M. Song
Wuhan University - Economics and Management School, Wuhan University - Economics and Management School and The University of Hong Kong - School of Economics and Finance
Downloads 224 (280,014)

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Credit Rating Inflation, Regulation on Market Access, Bond Covenants, Total Borrowing Cost

17.

Property Rights Protection and Corporate R&D: Evidence from China

Journal of Development Economics, Forthcoming
Number of pages: 43 Posted: 09 May 2009
Chen Lin, Ping Lin and Frank M. Song
The University of Hong Kong - Faculty of Business and Economics, Lingnan University - Department of Economics and The University of Hong Kong - School of Economics and Finance
Downloads 205 (304,518)
Citation 11

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Property Rights Protection, Government Grabbing Hand, Corporate R&D

18.

One Firm and Two Regulators: The Role of PCAOB Cooperation in Cross-Listing Auditing

Number of pages: 47 Posted: 07 Aug 2017 Last Revised: 14 Dec 2017
Frank M. Song and Zengyuan Sun
The University of Hong Kong - School of Economics and Finance and Xiamen University - Institute for Financial and Accounting Studies
Downloads 201 (310,179)
Citation 2

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PCAOB cooperation, legal liability, audit fees, auditor choice, audit efforts

19.

Do Banks Benefit from Lending to Innovative Firms?

Number of pages: 54 Posted: 30 Aug 2016
Chu Chen, Frank M. Song and Zengyuan Sun
The University of Hong Kong - School of Economics and Finance, The University of Hong Kong - School of Economics and Finance and Xiamen University - Institute for Financial and Accounting Studies
Downloads 201 (310,179)

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bank benefit, lending expertise, innovation, syndicated loan

20.

The Role of Cash Holdings in Corporate Misconduct

Number of pages: 45 Posted: 07 Aug 2017
Frank M. Song and Zengyuan Sun
The University of Hong Kong - School of Economics and Finance and Xiamen University - Institute for Financial and Accounting Studies
Downloads 124 (466,244)

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Agency Costs of Equity Overvaluation, Agency Costs of Free Cash Flow, Excess Cash Holdings, Corporate Misconduct

21.

Liquidity, Size and Cycle of Order Flow

Posted: 19 Nov 2004
William M. Cheung and Frank M. Song
University of Macau and The University of Hong Kong - School of Economics and Finance

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Liquidity, order flow, limit order, market order

22.

Order Aggressiveness, Volume and Liquidity in Limit Order Market

Posted: 19 Nov 2004
William M. Cheung and Frank M. Song
University of Macau and The University of Hong Kong - School of Economics and Finance

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Limit order, volume, liquidity

23.

Are Survey Forecasts of Macroeconomic Variables Rational?

JOURNAL OF BUSINESS, 1995, Vol 68, No 1
Posted: 25 Oct 1999
The University of Hong Kong - School of Economics and Finance, Kent State University Foundation and University of St. Thomas - Opus College of Business

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24.

The Roles of Futures Trading in Exchange Rate Volatility

Posted: 16 Sep 1999
Frank M. Song, Arjun Chatrath and Sanjay Ramchander
The University of Hong Kong - School of Economics and Finance, University of Portland - Dr. Robert B. Pamplin, Jr. School of Business Administration and Colorado State University, Fort Collins - Department of Finance & Real Estate

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25.

A Two-Factor Arch Model for Deposit-Institution Stock Returns

JOURNAL OF MONEY, CREDIT AND BANKING, May 1994 Vol 216, No 2
Posted: 01 Jan 1999
Frank M. Song
The University of Hong Kong - School of Economics and Finance

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26.

Hysteresis in Unemployment: Evidence from 48 U.S. States

Economic Inquiry, Vol. 35, No. 2, April 1997
Posted: 17 Jul 1998
Frank M. Song and Yangru Wu
The University of Hong Kong - School of Economics and Finance and Rutgers University, Newark - School of Business - Department of Finance & Economics

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27.

Hysteresis in Unemployment: Evidence from OECD Countries

Posted: 20 Apr 1998
Frank M. Song
The University of Hong Kong - School of Economics and Finance

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Other Papers (1)

Total Downloads: 41
1.

Financial Innovation: The Bright and the Dark Sides

24th Australasian Finance and Banking Conference 2011 Paper
Number of pages: 64 Posted: 26 Aug 2011 Last Revised: 26 Jan 2012
Thorsten Beck, Tao Chen, Chen Lin and Frank M. Song
City University London - The Business School, Nanyang Business School, Nanyang Technological University, The University of Hong Kong - Faculty of Business and Economics and The University of Hong Kong - School of Economics and Finance
Downloads 41

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Financial Innovation, Financial R&D Intensity, Bank Risk Taking, Financial Crisis, Industrial Growth, Finance and Growth