Vietnam Symposium in Banking and Finance 2024

8:00 - 8:30 (30min)

Registration & Coffee break

1st Floor

8:30 - 9:00 (30min)

Welcome and Opening Remarks

Great Hall

Huu Toan Bui; Thi Hoang Anh Pham; Sabri Boubaker; Duc Khuong Nguyen; Hung Do; Viet Dung Tran

9:00 - 10:00 (1h)

Carbon Bubbles and Stranded Assets in Financial Markets

Great Hall

Professor Tom Smith, Macquarie University (Australia)

10:00 - 10:30 (30min)

Coffee break

1st Floor

10:30 - 12:00 (1h30)

A2.1: Finance and Sustainability I

Parallel Room 1

Angelica Gonzalez, University of Edinburgh (United Kingdom)

› Actions after Experiences: CEO Abnormal Climate Exposure and Corporate Carbon Reduction - Angelica Gonzalez, University of Edinburgh 10:30-12:00 (1h30)

› CEOs' Prior Professional Experiences and Bank Risk - Esteban Hernandez, Florida Atlantic University [Boca Raton] 10:30-12:00 (1h30)

› The value of sustainability: How ESG cost investment impact corporate financial performance - Lu He, University of Macau 10:30-12:00 (1h30)

10:30 - 12:00 (1h30)

A2.2: Banking System & Macroeconomics

Parallel Room 2

Vesa Pursiainen, University of St. Gallen & Swiss Finance Institute (Switzerland)

› Bank efficiency and the bond markets: evidence from Asia-Pacific region - Qiongbing Wu, Western Sydney University 10:30-12:00 (1h30)

› Bank heterogeneity and monetary policy response: Evidence from the emerging market economies - Abhay Raghuvanshi, Indian Institute of Technology Kanpur India 10:30-12:00 (1h30)

› Real Consequences of Banking Efficiency - Vesa Pursiainen, University of St.Gallen and Swiss Finance Institute - Hanwen Sun, University of Bath - Guochao Yang, Zhongnan University of Economics and Law [China] 10:30-12:00 (1h30)

10:30 - 12:00 (1h30)

A2.3: Monetary & Financial Macroeconomics I

Parallel Room 3

Kiril Tochkov, Texas Christian University (United States)

› Betting on Dark Horses - Tools from Macroeconomics for Model Trading in hybrid crypto-assets portfolios - Duc PHAM HI, ECE Paris 10:30-12:00 (1h30)

› Inter-regional risk sharing and the effectiveness of monetary policy in China - Kiril Tochkov, Texas Christian University 10:30-12:00 (1h30)

› Unveiling Asymmetries: Savings-Investment Dynamics Across Quantiles - Lukas Fryd, Prague University of Economics and Business - Ondrej Sokol, Prague University of Economics and Business 10:30-12:00 (1h30)

10:30 - 12:00 (1h30)

A2.4: Asset Pricing & Allocation I

Parallel Room 4

Daniel Rabetti, National University of Singapore (Singapore)

› New Score-Driven Scale and Shape Interactions: An Application to International Stock Indices - Szabolcs Blazsek, Mercer University 10:30-12:00 (1h30)

› Predicting CDS Spreads and Stock Returns with Weather Risk: A Study Utilizing NLP/LLM and AI Measures - YI ZHOU, San Francisco State University 10:30-12:00 (1h30)

› The Effect of Climate Regulatory Actions on Credit Allocation: Evidence from the Insurance Industry - Victor Wei, Cornell University [Ithaca] - Ali Ozdagli, Federal Reserve Bank of Dallas 10:30-12:00 (1h30)

› Is Love Blind? AI-Powered Trading with Emotional Dividends - Daniel Rabetti, National University of Singapore 10:30-12:00 (1h30)

10:30 - 12:00 (1h30)

A2.5: Corporate Finance & Governance I

Parallel Room 5

Hansol Jang, National University of Singapore (Singapore)

› Capital Structure and the Franchise Decision: A Knightian View - Ariel Viale, Palm Beach Atlantic University 10:30-12:00 (1h30)

› Corporate Communications with Government Executive Officials: Evidence from the STOCK Act - Youan WANG, Xiamen University 10:30-12:00 (1h30)

› The External Governance of Internal Governance: Evidence from Broker-Dealers and Insider Stock Gift Backdating - Hansol Jang, National University of Singapore (Singapore) 10:30-12:00 (1h30)

10:30 - 12:00 (1h30)

A2.6: Monetary & Financial Macroeconomics II

Parallel Room 6

Astrid Loretta Ayala, Mercer University (United States)

› Expectations Hypothesis Revisited - Nilanjana Chakraborty, Independent researcher 10:30-12:00 (1h30)

› The role of financial inclusion on economic uncertainties-growth nexus: Evidence from the dynamic panel threshold - Rafiqa Murdipi, International Islamic University Malaysia 10:30-12:00 (1h30)

› What can Jackson Pollock tell us about the Art Market? - Astrid Ayala, Mercer University 10:30-12:00 (1h30)

12:00 - 13:30 (1h30)

Lunch Break

1st Floor

13:30 - 14:30 (1h)

Beyond the Headlines: The Implicit Implications of Fed Rate Changes on Vietnam's Economy

Great Hall

Policy Roundtable Discussion

14:30 - 15:00 (30min)

Coffee break

1st Floor

15:00 - 16:30 (1h30)

B2.1: Risk Management

Parallel Room 1

Arisa Chantaraboontha, Osaka University (Japan)

› Bitcoin and Ethereum: Commodities or Alternative Assets - an Experimental Approach - Daria Gottwald, University of Bath [Bath] 15:00-16:30 (1h30)

› Measuring the Spillovers of US Unconventional Surprises across Monetary Conditions with Local Projections - Arisa Chantaraboontha, Graduate School of Economics, Osaka University 15:00-16:30 (1h30)

› The Impact of Gender-Diverse Audit Committees on Risk Management Effectiveness in GCC Firms - Pascale BAAKLINI, Pascale BAAKLINI 15:00-16:30 (1h30)

› Influence of Regulatory Quality and Global Power on Convergence of Stock Markets in G20 Economies - Rakesh Gupta, Charles Darwin University [Australia] 15:01-16:30 (1h29)

15:00 - 16:30 (1h30)

B2.2: Behavioral Finance

Parallel Room 2

Paul Gerrans, University of Western Australia (Australia)

› Is Sustainable Investing Driven by Social Preferences? Evidence from Shocks to Philanthropy - Maria Boutchkova, University of Edinburgh 15:00-16:30 (1h30)

› The Impact of Investment Returns on Gambling Consumption - Sung Kwan Lee, Chinese University of Hong Kong, Shenzhen 15:00-16:30 (1h30)

› The important role of intention and financial literacy in pension plan members' retirement savings behaviors during COVID-19 - Paul Gerrans, University of Western Australia 15:00-16:30 (1h30)

15:00 - 16:30 (1h30)

B2.3: Financial Markets, Institutions, & Money I

Parallel Room 3

Candida Ferreira, Universidade De Lisboa (Portugal)

› Efficiency of the European Union Banking Sector: A Panel Data Approach - Candida Ferreira, UNIVERSIDADE DE LISBOA 15:00-16:30 (1h30)

› Impacts of Index Revisions on Weight Reduction Firms: Empirical Evidence in Japan - Thanh NGUYEN, Japan Securities Research Institute 15:00-16:30 (1h30)

› The non-linear association between bank fintech and relationship lending: A panel threshold analysis of Indian banks - Sofia Mathew, Indian Institute of Management Kozhikode 15:00-16:30 (1h30)

15:00 - 16:30 (1h30)

B2.4: Market Behavior and Efficiency

Parallel Room 4

Hamid Yahyaei, Macquarie University (Australia)

› Data Breaches: Impact of Severity, Confounding Events, and Managerial Information Asymmetry - Ruoyu Gao, University College Dublin 15:00-16:30 (1h30)

› Geopolitical Risk and Global Supply Chain Dynamics - Lei Zhuang, The Hong Kong Polytechnic University [Hong Kong] 15:00-16:30 (1h30)

› Ex Ante Bond Returns and Time-Varying Monotonicity - Hamid Yahyaei, Macquarie University 15:00-16:30 (1h30)

15:00 - 16:30 (1h30)

B2.5: Special Session: Professional Report

Parallel Room 5

Giang Phung, ISC Paris School of Business (France)

› Evaluation of Performance of Vietnamese Commercial Joint Stock Banks Under Digital Transformation - Thi My Hoa Phan, National Taipei University of Technology 15:00-16:30 (1h30)

› Evidence on the Impact of Corporate Governance on Bank Performance from Deposit Money Banks in Sub-Saharan Africa (SSA) - Ayotunde Saka, Robert Gordon University, Lagos State University - Xin Zhang, Robert Gordon University 15:00-16:30 (1h30)

› Global Bank Default Risk: A Cross-Regional Analysis of Financial Determinants Using the CAMELS Framework - Giang PHUNG, ISC Paris School of Business 15:00-16:30 (1h30)

15:00 - 16:30 (1h30)

B2.6: Finance and Sustainability II

Parallel Room 6

Dominika Galkiewicz, University of Applied Sciences Kufstein (Uask) (Austria)

› Changes in Sustainability Reporting Dynamics Observed from ESG Measures Provided by Real Estate Companies in 2020 and 2021: Evidence from Germany, Austria and Switzerland - Dominika Galkiewicz, University of Applied Sciences Kufstein (UASK) 15:00-16:30 (1h30)

› The Double-Edged Sword of Firm's Commitment to Net Zero on the Carbon Risk Premium - Wilson Wan, the Hong Kong University of Science and Technology 15:00-16:30 (1h30)

› The importance of cultural dimensions, legal system, corruption, human rights, and gender equality in Corporate Social Responsibility: A systematic literature review - Ana Rita Oliveira, Lisbon School of Economics and Management, Lisbon University 15:00-16:30 (1h30)

› Toward carbon neutrality: Exploring the role of climate risk on corporate carbon emissions - Faten Lakhal, Pôle Universitaire Léonard de Vinci, Research Center, 92916 Paris La Défense (France) - Hamza Nizar, Institut des hautes études commerciales (Carthage, Tunisie) 15:00-16:30 (1h30)

19:00 - 22:00 (3h)

Gala Dinner & Best Paper Awards

LUC THUY RESTAURANT & LOUNGE