YENN-RU CHEN
Full-time
Job Title Professor
Unit Dept. of Finance
Name YENN-RU CHEN
Office Tel No. 81108
Email yrchen@nccu.edu.tw
Job Title Professor
Research Expertise Corporate Finance, M&As
Teaching Field Corporate Finance, M&As
Unit Dept. of Finance
Year Paper Title
2021 Huang, Y.L.;Y.R. Chen;B.S. Chen, 2021.04, 'Executive Stock Options, Corporate Cash Holdings, and Corporate Biddings, ' NTU Management Review, Vol.31, No.1, pp.71-115.(TSSCI, SCOPUS), 428357
2020 Chen, Y.R.;K.Y. Ho;C.W. Yeh, 2020.06, 'CEO Overconfidence and Corporate Cash Holdings, ' Journal of Corporate Finance, Vol.62, pp.101577.(SSCI, SCOPUS), 426135
2020 Chen, Y.R.;X. Jiang;C.H. Weng, 2020.04, 'Can Government Industrial Policy Enhance Corporate Bidding? the Evidence of China, ' Pacific Basin Finance Journal, Vol.60, pp.101288.(SSCI, SCOPUS), 426136
2019 Huang, Y.L.;Y.R. Chen, 2019.09, 'Equity Issuances and the Value of Cash Holdings, ' Journal of Financial Studies, Vol.27, No.3, pp.1-39.(TSSCI), 423428
2019 Chen, Y.R.;M.H. Chiang;C.H. Weng, 2019.01, 'Are Investors Always Compensated for Information Risk? Evidence from Chinese Reverse-Merger Firms, ' Review of Quantitative Finance and Accounting, Vol.52, No.1, pp.159-196.(SSCI, SCOPUS), 423429
2017 Lin, TM;L. Cheng;Y.R. Chen, 2017.06, 'The Impact of Controlling Shareholders on the Executive Compensation, ' Review of Securities and Futures Markets, Vol.114, pp.31-74.(TSSCI), 415020
2014 Chen, Y.R.;C.R. Chen;C.K. Chu, 2014.06, 'The Effect of Executive Stock Options on Corporate Innovative Activities, ' Financial Management, Vol.43, No.2, pp.271-290.(SSCI, SCOPUS), 404825
2012 Cheng, L.;J.R. Chiou;Y.R. Chen;B.S. Lee, 2012.04, 'Market Reactions to the Split-share Structure Reform and the Determinants of Compensation: Evidence from Chinese Listed Firms, ' Asia-Pacific Journal of Financial Studies, Vol.41, pp.194-223.(SSCI), 404827
2012 林惠芬;陳嬿如;吳清在, 2012.01, '委託書之代理問題及制衡機制: 對控制權偏離暨少數股東侵占行為之實證研究, ' 會計評論, Vol.54, pp.1-42.(TSSCI), 404826
2011 Chen, Y.R.;Y. Ma, 2011.06, 'Revisiting the Risk-Taking Effect of Executive Stock Options on Firm Performance, ' Journal of Business Research, Vol.64, pp.640-648.(SSCI), 404828
2010 Chiou, J.R.;Y.R. Chen;T.C. Huang, 2010.06, 'Does Higher Ownership Control Suggest More Bad Influence? Evidence from the Value of Cash Holdings and Dividends in Chinese Listed Firms, ' China Journal of Accounting Research, Vol.3, No.1, pp.71-93., 404829
2010 Chen, Y.R.;B.S. Lee, 2010.02, 'A Dynamic Analysis of Executive Stock Options: Determinants and Consequences, ' Journal of Corporate Finance, Vol.16, No.1, pp.88-103.(SSCI), 404830
2010 Lin, Y.H;Y.R. Chen;J.R. Chiou, 2010.01, 'Ownership Structure and Dividend Preference: The Evidence of China’s Listed Firms, ' Emerging Markets Finance & Trade,, Vol.46, No.1, pp.54-70.(SSCI), 404831
2009 Chen, Y.R.;Y.L. Huang;C.N. Chen, 2009.11, 'Financing Constraints, Ownership Control, and Cross-Border M&As: Evidence from Nine East Asian Economies, ' Corporate Governance: An International Review, Vol.17, No.6, pp.665–680..(SSCI), 404832
2009 Chen, Y.R.;W.T. Chuang, 2009.11, 'Alignment or Entrenchment?: Corporate Governance and Cash Holdings in Growing Firms, ' Journal of Business Research,, Vol.62, pp.1200-1206.(SSCI), 404833
2009 Chen, Y.R.;J.R. Chiou;T.K. Chou;M.S. Syue, 2009.03, 'Corporate Governance and Long-run Performance of Equity Issues: The Role of Foreign Ownership, ' Asia Pacific Management Review, Vol.14, No.1, pp.27-46.(TSSCI), 404834
2009 Chen, Y.R.;C.Y. Ho, 2009.02, 'The Impact of Family Control and Board Characteristics on Corporate Policies, ' Journal of Management and Business Research, Vol.26, pp.1-16.(TSSCI), 404835
2008 Chen, Y.R., 2008.09, 'Corporate Governance and Cash Holdings: New Economy and Old Economy Firms, ' Corporate Governance: An International Review, Vol.16, No.5, pp.430-442.(SSCI), 404836
2006 Chen, Y.R;J.S. Kuo;C.H. Lin, 2006.06, 'Employee Bonus, Corporate Governance and Productivity: the Evidence of Taiwan’s Electronic Industry, ' Taiwan Banking & Finance Quarterly, Vol.7, pp.41-62., 404837
Project Category Year Project Title Participator Job Title Period Unit
MOST Projects 110 跨國併購與企業永續性發展(3/3) CHEN YENN-RU Principal Investigator 2023.08 ~ 2024.07 Ministry of Science and Technology
MOST Projects 110 跨國併購與企業永續性發展(2/3) CHEN YENN-RU Principal Investigator 2022.08 ~ 2024.07 Ministry of Science and Technology
MOST Projects 110 跨國併購與企業永續性發展(1/3) CHEN YENN-RU Principal Investigator 2021.08 ~ 2024.07 Ministry of Science and Technology
Other Projects 109 興南事業體改善計畫 CHEN YENN-RU Principal Investigator 2020.10 ~ 2021.05
MOST Projects 109 女性CEO與股東行動主義 CHEN YENN-RU Principal Investigator 2020.08 ~ 2021.12 Ministry of Science and Technology
Other Projects 109 中文個案撰寫 WU ANNE,CHEN YENN-RU,LIN CHING-TING 2020.03 ~ 2021.02
MOST Projects 108 政府政策對企業投資價值的影響(2/2) CHEN YENN-RU Principal Investigator 2020.08 ~ 2021.07 Ministry of Science and Technology
MOST Projects 108 政府政策對企業投資價值的影響(1/2) CHEN YENN-RU Principal Investigator 2019.08 ~ 2021.07 Ministry of Science and Technology
MOST Projects 107 女性決策者對高階經理人薪酬風險誘因的影響 CHEN YENN-RU Principal Investigator 2018.08 ~ 2019.07 Ministry of Science and Technology
Other Projects 107 中文個案撰寫 WU ANNE,PENG TZU-JU,CHEN YENN-RU,LIN CHING-TING,CHOU WEN-CHING 2018.05 ~ 2019.05
Other Projects 107 國際共同培育人才計畫(第三年) CHAN KONAN,CHEN YU SHEN,TSAI WEI-CHI,CHAN LING-CHING,CHEN YENN-RU 2018.01 ~ 2018.12 Ministry of Education, Republic of China (Taiwan)
MOST Projects 106 公司現金持有與經理人過度自信對高階經理人選擇權薪酬的風險誘因效果之影響(2/2) CHEN YENN-RU Principal Investigator 2018.08 ~ 2019.12 Ministry of Science and Technology
MOST Projects 106 公司現金持有與經理人過度自信對高階經理人選擇權薪酬的風險誘因效果之影響(1/2) CHEN YENN-RU,CHEN YENN-RU Principal Investigator 2017.08 ~ 2019.12 Ministry of Science and Technology
MOST Projects 103 企業避稅與現金持有(3/3) CHEN YENN-RU Principal Investigator 2016.08 ~ 2017.12 Ministry of Science and Technology
MOST Projects 103 企業避稅與現金持有(2/3) CHEN YENN-RU Principal Investigator 2015.08 ~ 2017.12 Ministry of Science and Technology
MOST Projects 103 企業避稅與現金持有(延攬) CHEN YENN-RU Principal Investigator 2014.10 ~ 2014.12 Ministry of Science and Technology
MOST Projects 103 企業避稅與現金持有(1/3) CHEN YENN-RU Principal Investigator 2014.08 ~ 2017.12 Ministry of Science and Technology
MOST Projects 102 公司現金持有、風險管理、與企業併購之研究(1/2) 陳嬿如 Principal Investigator 2013.08 ~ 2014.07 國立成功大學
MOST Projects 100 公司現金持有之品質：組成成分及影響性(2/2) 陳嬿如 Principal Investigator 2011.08 ~ 2012.07 國立成功大學
MOST Projects 100 現金持有與盈餘管理 陳嬿如 Principal Investigator 2011.02 ~ 2011.07 國立成功大學
MOST Projects 98 股票選擇權對公司投資策略的誘因效應: 以策略聯盟為例 陳嬿如 Principal Investigator 2009.08 ~ 2010.07 國立成功大學
MOST Projects 94 公司治理與內部人(董事及高階主管)薪酬：美國那斯達克與台灣上市櫃的高科技公司 陳嬿如 Principal Investigator 2005.08 ~ 2006.07 國立成功大學
MOST Projects 93 公司投資機會、選擇權薪酬、及策略性投資關聯性之動態分析 陳嬿如 Principal Investigator 2004.08 ~ 2005.07 國立成功大學
MOST Projects 92 選擇權薪酬引申之資本投資風險對公司營運績效的影響 陳嬿如 Principal Investigator 2003.12 ~ 2004.07 國立成功大學
Country School Name Department Degree Duration
UNITED STATES University of Houston Finance Ph.D. 1999.08 ~ 2003.05
Experience Category Organization Title Department Job Title Duration
Current NATIONAL CHENGCHI UNIVERSITY 財務管理學系 教授 2020.08 ~ Up to today
Current NATIONAL CHENGCHI UNIVERSITY 財務管理學系 副教授 2014.08 ~ 2020.08
Experience 科技部 委員 2019.05 ~ 2021.04
Experience Asian Finance Association Secretary 2018.06 ~ 2020.06
Experience 科技部 2015.06 ~ 2018.05
Experience Asia-Pacific Journal of Financial Studies Associate Editor 2014.04 ~ Up to today
Experience 台灣財務金融學會 副祕書長 2013.11 ~ Up to today
Experience 界霖科技股份有限公司 獨立董事 2011.11 ~ Up to today
Experience Louisiana State University Visiting Scholar 2011.02 ~ 2011.07
Experience 國立成功大學 副教授 2008.08 ~ 2014.07
Experience 國立成功大學 助理教授 2003.08 ~ 2008.07
Honor Category Year Award Name Awarding Unit
Outside School 109 科技部研究獎勵 科技部(國科會)
Outside School 108 科技部研究獎勵 科技部(國科會)
Outside School 107 臺灣財務金融學會年會暨研討會富邦論文獎 臺灣財務金融學會年會
Inside School 107 教學優良 商學院
Deeds 106 Annual Conference Best Paper Award Asian Finance Association
Outside School 106 宋作楠碩士論文獎指導教授 財團法人宋作楠先生紀念教育基金會
Outside School 106 臺灣財務金融學會年會暨研討會富邦論文獎 臺灣財務金融學會
Outside School 105 富邦人壽管理博碩士論文獎指導教授 管理科學學會
Inside School 104 教學優良 商學院
Outside School 103 臺灣財務金融學會年會暨研討會富邦論文獎 臺灣財務金融學會
Year Paper Title
2020 陳嬿如*, 2020.10, 'Financial Liberalization, Investor Protection and Corporate Cash, ' 2020 FMA Annual Meeting, Financial Management Association.(*為通訊作者)
2019 Yenn-Ru Chen*;Chia-Hsiang Weng, 2019.07, 'The Impact of Industrial Policy on Post-Merger Corporate Innovations, ' 2019 Asian Finance Association Annual Meeting, Asian Finance Association.(*為通訊作者)
2018 Yenn-Ru Chen*;I-Ju Wu, 2018.10, 'The Impact of National Policy on Corporate Bidding Activities, ' 2018 Financial Management Association Annual Meeting, FMA.(*為通訊作者)
2018 Yenn-Ru Chen*;Chia-Hsien Lin, 2018.05, 'CEO Turnover and Corporate Cash Holdings [Best Paper Award], ' 2018 Taiwan Financial Association International Conference, Taiwan Financial Association.(*為通訊作者)
2017 Yenn-Ru Chen*;PY Hsieh, 2017.07, 'The Impact of Cash Holdings on the Risk Incentive of Executive Stock Options, ' 2017 Asian Financial Association Annual Meeting, Asian Finance Association.(*為通訊作者)
2017 Chen, YR*;Ho, KY;Yeh, C.W., 2017.07, 'CEO Overconfidence and Corporate Cash Holdings [Best Paper Award], ' 2017 Asian Financial Association Annual Meeting, Asian Financial Association.(*為通訊作者)
2017 Chen, YR*;Huang, YL;Rhee, S.G.;Weng, CH, 2017.06, 'Can the Source of Cash Accumulation Alter the Agency Problem of Excess Cash Holdings? Evidence from Mergers and Acquisitions, ' 2017 Journal of Accounting, Auditing, and Finance, JAAF.(SSCI)(*為通訊作者)
2015 Yenn-Ru Chen*;R.K. Chou;J.H. Lee, 2015.10, 'Financial Liberation and Corporate Cash Policy, ' 2015 Financial Management Association Annual Meeting, FMA.(*為通訊作者)
2014 陳嬿如*;Y.L. Huang;C.H. Weng, 2014.10, 'Can Saving Cash from Equity Issuance Mitigate the Agency Problem of Free Cash Flow?, ' The 2014 Financial Management Association Annual Meeting, FMA.(*為通訊作者)
2014 陳嬿如*;Huang, Y.L, 2014.05, 'Credit Risk and Cash Allocation between Short-run and Long-run Investments, ' The 2014 Taiwan Financial Association Annual Meeting, FMA.(*為通訊作者)