YUAN-CHEN CHANG
Full-time
Name YUAN-CHEN CHANG
Job Title Professor
Unit Dept. of Finance
Email yccchang@nccu.edu.tw
Office Tel No. 81102
Research Expertise International Financial Management、forecasting of exchange rate and change rate、Corporate Governance
Teaching Field 國際財管、外匯匯率及變動率的預測、公司治理
Year Paper Title
2019 Yi-Ting Hsieh;Peter Miu*;Wenchien Liu;Yuanchen Chang, 2019.03, 'Intra-Industry Bankruptcy Contagion: Evidence from the Pricing of Industry Recovery Rates, ' European Financial Management, Vol.forthcomin, pp.forthcomin.(SSCI)(*為通訊作者), 422213
2019 Yi-Wen Chen*;Konan Chan;Yuanchen Chang, 2019.02, 'Peer Effects on Corporate Cash Holdings, ' International Review of Economics and Finance, Vol.forthcomi, pp.forthcomi.(SSCI)(*為通訊作者)(本論著未刊登但已被接受), 422231
2018 Weishao Wu;Wenchien Liu;Sandy Suardi ;Yuanchen Chang*, 2018.07, 'Tiered Information Disclosure: An Empirical Analysis of the Advance Peek into the Michigan Index of Consumer Sentiment, ' Financial Review, pp.forthcoming.(SSCI)(*為通訊作者), 419072
2017 Mei-Ching Chang;Sandy Suardi;Yuanchen Chang*, 2017.09, 'Foreign Exchange Intervention in Asian Countries: What Determine the Odds of Success during the Credit Crisis?, ' International Review of Economics and Finance, Vol.51, pp.370-390.(SSCI)(*為通訊作者), 414796
2017 Chien-Lin Lu*;Yuanchen Chang, 2017.03, 'The Effects of Bank Monitoring on Firm’s Cash Holding Policy and Value of Cash, ' Journal of Financial Studies, Vol.25, No.1, pp.83-113.(TSSCI)(*為通訊作者), 408120
2017 Chew Lian Chua;Sandy Suardi;Yuanchen Chang*, 2017.02, 'A Re-Examination of Libor Rigging: A Time-Varying Cointegration Perspective, ' Quantitative Finance, Vol.17, No.9, pp.1367-1386.(SSCI)(*為通訊作者), 413087
2017 Avik Chakrabarti;Yi-Ting Hsieh;Yuanchen Chang*, 2017.01, 'Cross-Border Mergers and Market Concentration in a Vertically Related Industry: Theory and Evidence, ' The Journal of International Trade & Economic Development, Vol.26, No.1, pp.111-130.(SSCI)(*為通訊作者), 413085
2016 魏品揚*;張元晨, 2016.03, 'The Relationship between Equity and Commodity Markets during the Credit Crisis, ' 經濟論文, Vol.44, No.1, pp.93-125.(TSSCI)(*為通訊作者), 407481
2016 Hsiao-Mei Lin*;Robert Fok*;Shih-An Yang;Yuanchen Chang*, 2016.01, 'The Wealth Effects of Oil-related Name Changes on Stock Prices: Evidence from the U.S. and Canadian Stock Markets, ' Journal of International Financial Markets,Institutions & Money, Vol.40, pp.26-45.(FLI)(*為通訊作者), 408122
2015 魏品揚*;張元晨, 2015.09, '影響加盟主遞延開放加盟時點及加盟店比例之因素, ' 管理學報, Vol.32, No.3, pp.223-246.(TSSCI)(*為通訊作者), 407480
2015 Kam C. Chan*;Chih-Hsiang Chang;Yuanchen Chang, 2015.07, 'The network effects of publishing in finance, ' The North American Journal of Economics and Finance, Vol.33, pp.305–316.(*為通訊作者), 408121
2014 吳周燕*;張元晨, 2014.03, 'The Impact of Privatization on Loan Conditions, ' 中山管理評論, Vol.22, No.1, pp.11-53.(TSSCI)(*為通訊作者), 403926
2013 Wei-Shao Wu;Hsing-Hua Chang;Sandy Suardi;Yuanchen Chang*, 2013.11, 'The Cascade Effect on Lending Conditions: Evidence from the Syndicated Loan Market, ' Journal of Business Finance and Accounting, forthcoming, Vol.40, No.9-10, pp.1247-1275.(SSCI)(*為通訊作者), 379499
2013 Chien-Liang Chen;Chao-Lin Liu*;張元晨;Hsiangping Tsai, 2013.07, 'Opinion Mining for Relating Subjective Expressions and Annual Earnings in US Financial Statements, ' Journal of Information Science and Engineering, Vol.29, No.4, pp.743-764.(SCI)(*為通訊作者), 376569
2013 Kam C. Chan;Chih-Hsiang Chang*;Yuanchen Chang, 2013.03, 'Ranking of finance journals: Some Google Scholar citation perspectives, ' Journal of Empirical Finance, Vol.21, No.0, pp.241-250.(SSCI)(*為通訊作者), 388721
2012 Sandy Suardi;Yuanchen Chang*, 2012.10, 'Are Changes in Foreign Exchange Reserves a Good Proxy for Official Intervention?, ' Journal of International Financial Markets, Institutions and Money, Vol.22, No.4, pp.678-695.(FLI)(*為通訊作者), 364262
2012 Chien-Ju Lu;金成隆;Yuanchen Chang, 2012.05, 'Weather Effects on Earnings Response Coefficients: International Evidence, ' Asia-Pacific Journal of Accounting & Economics, Vol.20, No.3, pp.315-333.(SSCI), 364274
2012 Chia-Jung Tu*;Yuanchen Chang, 2012.04, 'Analyst responses to stock-index adjustments: Evidence from MSCI Taiwan Index additions, ' Review of Financial Economics, Vol.21, No.2, pp.82-89.(FLI)(*為通訊作者), 364264
2012 Wenchien Liu;Peter Miu;Yuanchen Chang*;Bogie Ozdemir, 2012.01, 'Information asymmetry and bank regulation:Can the spread of debt contracts be explained by recovery rate?, ' Journal of financial intermediation, Vol.21, No.1, pp.123-150.(SSCI)(*為通訊作者), 346508
2011 Hsiangping Tsai*;Yuanchen Chang;Pei-Hsin Hsiao, 2011.03, 'What Drives Foreign Expansion of the Top 100 Multinational Banks? The Role of the Credit Reporting, ' Journal of Banking and Finance, Vol.35, No.0, pp.588-605.(SSCI)(*為通訊作者), 318688
2010 蔡湘萍*;張元晨;賴冠宇, 2010, '所有權、政府監理與銀行多角化績效, ' 財務金融學刊, Vol.17, No.4.(TSSCI)(*為通訊作者), 306408
2009 鄭士卿;Robert C.W. Fok;張元晨*, 2009.12, '員工分紅配股對生產效率的影響:以台灣電子產業為例, ' 台大管理論叢, Vol.20, No.1, pp.331-354.(TSSCI)(*為通訊作者), 306409
2009 Yuanchen Chang;Kam C. Chan*;Peter P. Lung, 2009.04, 'Informed Trading under Different Market Conditions and Moneyness: Evidence from TXO Options, ' Pacific Basin Finance Journal, Vol.17, No.2, pp.189-208.(*為通訊作者), 238246
2007 張元晨, 2007, '銀行間新台幣兌美元外匯交易流動性與交易成本的分析 : 台北與元太外匯經紀公司比較, ' 中山管理評論, Vol.15, No.2, pp.299-321.(TSSCI), 202946
2006 Yuanchen Chang*, 2006.12, 'The Accuracy of Reports of Foreign Exchange Intervention by the Bank of Japan: Does Tokyo Know More?, ' Journal of International Money and Finance, Vol.forthcomin, No.forthcomin.(SSCI)(*為通訊作者), 180942
2006 Yuanchen Chang;Kam C. Chan;Robert C.W. Fok, 2006, 'Divergent Expectations and Close-end Funds: Evidence from Post-Asian Financial Crisis Period, ' Journal of Emerging Market, Vol.1, pp.5-14., 238268
2006 張元晨;黃柏凱;臧大年;何家政, 2006, '國安基金以期貨維護現貨策略之分析, ' 管理學報, Vol.23, No.1, pp.125-147.(TSSCI), 238271
2005 Yuanchen Chang*, 2005.12, 'Trading Volume, Volatility and Bank of Japan Intervention, ' Applied Financial Economics Letters, Vol.1, No.2, pp.101-105.(*為通訊作者), 180943
2005 Yuanchen CHANG*;MAO-WEI HUNG;CHIULING LU, 2005.12, 'Trade, R&D Spending and Financial Development, ' Applied Financial Economics, Vol.15, No.1, pp.1-11.(*為通訊作者), 180944
2004 張元晨;Robert C.W Fok;Wen-Tuz Lee, 2004, 'Bank Relationships and Their effects on Firm Performance Around the Asian Financial Crisis: Evidence from Taiwan, ' Financial Management, forthcoming, Vol.33, No.2, pp.89-113.(SSCI), 149959
2004 張元晨;黃柏凱;臧大年, 2004, '影響股價指數期貨定價誤差因素之研究-以臺股期貨為例影響股價指數期貨定價誤差因素之研究-以臺股期貨為例, ' 證券市場發展季刊,, Vol.16, No.2, pp.81-114.(TSSCI), 149965
2004 Yuanchen Chang, 2004, 'A Re-examination of Variance-Ratio Test of Random Walks in Foreign Exchange Rates, ' Applied Financial Economics, Vol.14, No.0, pp.671-679., 149955
2003 Yuanchen Chang;Stephen J. Taylor, 2003, 'Information Arrivals and Intraday Exchange Rate Volatility, ' Journal of International Financial Markets, Institutions and Money, Vol.13, No.2, pp.85-112., 149953
2002 Yuanchen Chang, 2002.12, 'The Pricing of Foreign Exchange Risk Around the Asian Financial Crisis: Evidence from Taiwan''s Stock Market, ' Journal of Multinational Financial Manag, Vol.12, pp.223-238., A11798
2002 Yuanchen Chang;Martin, Martens;Stephen J. Yaylor, 2002.07, 'Intraday Volatility Forecasts Using Different Seasonality Adjustment Methods, ' Journal of Financial Research, Vol.2, pp.283-299., A11799
2002 Yuanchen Chang;Chung-hua Shen, 2002, 'Modeling the Degree of Currency Misalignment around the Asian Financial Crisis: Evidence from Taiwan and Korea''s Non-delivery Forward Exchange Markets, ' Taiwan Academy of Management Journal, Vol.2, No.2, pp.39-51., 149948
1998 Yuanchen Chang;Stephen J. Taylor, 1998.02, 'Intraday effects of foreign exchange intervention by the Bank of Japan, ' Journal of International Money and Finance, Vol.17, pp.191-210.(SSCI), 238285
1997 Yuanchen Chang;Goodhart, C.A.E.;Richard Payne, 1997.12, 'Calibrating an Algorithm for Estimating Transactions from FXFX Exchange Rate Quotations, ' Journal of International Money and Finance, Vol.16, No.6, pp.921-930.(SSCI), 238286
Project Category Year Project Title Participator Job Title Period Unit
Other Projects 108 匯率風險對我國壽險業經營之短中長期影響 CHANG SHIH-CHIEH,CHANG YUAN-CHEN,CHENG TSUNG-CHI 協同主持人 2019.06 ~ 2020.05 財團法人台北外匯市場發展基金會
MOST Projects 108 補助國內大專院校購置「 Eikon with Datastream for Office 財經資訊」資料庫專案 CHANG YUAN-CHEN Principal Investigator 2019.02 ~ 2019.12 Ministry of Science and Technology
MOST Projects 107 企業匯率避險策略和外部評價:營運與財務避險的比較(3/3) CHANG YUAN-CHEN Principal Investigator 2020.08 ~ 2021.07 Ministry of Science and Technology
MOST Projects 107 企業匯率避險策略和外部評價:營運與財務避險的比較(2/3) CHANG YUAN-CHEN Principal Investigator 2019.08 ~ 2021.07 Ministry of Science and Technology
MOST Projects 107 企業匯率避險策略和外部評價:營運與財務避險的比較(1/3) CHANG YUAN-CHEN Principal Investigator 2018.08 ~ 2021.07 Ministry of Science and Technology
MOST Projects 107 補助國內大專院校購置「 Datastream 財經資訊」資料庫專案 CHANG YUAN-CHEN Principal Investigator 2018.01 ~ 2018.11 Ministry of Science and Technology
MOST Projects 106 補助國內大專院校購置「 Datastream 財經資訊」資料庫專案 CHANG YUAN-CHEN Principal Investigator 2017.01 ~ 2017.11 Ministry of Science and Technology
MOST Projects 105 影響銀行聯合貸款各項費用及成本的分析(2/2) CHANG YUAN-CHEN Principal Investigator 2017.08 ~ 2018.07 Ministry of Science and Technology
MOST Projects 105 影響銀行聯合貸款各項費用及成本的分析(1/2) CHANG YUAN-CHEN Principal Investigator 2016.08 ~ 2017.07 Ministry of Science and Technology
MOST Projects 105 補助國內大專院校購置「 Datastream 財經資訊」資料庫專案 CHANG YUAN-CHEN Principal Investigator 2016.01 ~ 2016.11 Ministry of Science and Technology
MOST Projects 105 隨公司營運狀況調整利率條款對聯貸合約及公司監理的影響(延攬) CHANG YUAN-CHEN Principal Investigator 2016.01 ~ 2016.07 Ministry of Science and Technology
MOST Projects 104 台澳科學合作協定─雙邊人員互訪 CHANG YUAN-CHEN Principal Investigator 2015.01 ~ 2015.02 Ministry of Science and Technology
MOST Projects 104 補助國內大專院校購置「 Datastream 財經資訊」資料庫專案 CHANG YUAN-CHEN Principal Investigator 2015.01 ~ 2015.11 Ministry of Science and Technology
MOST Projects 102 隨公司營運狀況調整利率條款對聯貸合約及公司監理的影響(3/3) CHANG YUAN-CHEN Principal Investigator 2015.08 ~ 2016.07 Ministry of Science and Technology
MOST Projects 102 隨公司營運狀況調整利率條款對聯貸合約及公司監理的影響(2/3) CHANG YUAN-CHEN Principal Investigator 2014.08 ~ 2015.07 Ministry of Science and Technology
MOST Projects 102 補助國內大專院校購置 Datastream 財經資訊資料庫專案 CHANG YUAN-CHEN Principal Investigator 2013.10 ~ 2014.08 Ministry of Science and Technology
MOST Projects 102 隨公司營運狀況調整利率條款對聯貸合約及公司監理的影響(1/3) CHANG YUAN-CHEN Principal Investigator 2013.08 ~ 2014.07 Ministry of Science and Technology
MOST Projects 101 補助國內大專院校購置 Datastream 財經資訊資料庫專案 CHANG YUAN-CHEN Principal Investigator 2012.12 ~ 2013.10 Ministry of Science and Technology
MOST Projects 100 補助國內大專院校購置 Datastream 財經資訊資料庫專案 CHANG YUAN-CHEN Principal Investigator 2011.12 ~ 2012.10 Ministry of Science and Technology
MOST Projects 100 隨公司營運狀況調整利率條款對聯貸合約及公司監理的影響 張元晨 計畫主持人 2011.12 ~ 2015.12 行政院國家科學委員會
MOST Projects 100 銀行股權結構改變對其風險承受和借款行為的研究:以東南亞國家為例(2/2) CHANG YUAN-CHEN Principal Investigator 2011.01 ~ 2011.12 Ministry of Science and Technology
MOST Projects 99 次貸風暴期間銀行聯合貸款行為的研究(3/3) CHANG YUAN-CHEN Principal Investigator 2012.08 ~ 2013.07 Ministry of Science and Technology
MOST Projects 99 次貸風暴期間銀行聯合貸款行為的研究(2/3) CHANG YUAN-CHEN Principal Investigator 2011.08 ~ 2012.07 Ministry of Science and Technology
MOST Projects 99 次貸風暴期間銀行聯合貸款行為的研究(1/3) CHANG YUAN-CHEN Principal Investigator 2010.08 ~ 2011.07 Ministry of Science and Technology
MOST Projects 99 99年度台法幽蘭計畫(互訪計畫第一年) CHANG YUAN-CHEN Principal Investigator 2010.01 ~ 2010.12 Ministry of Science and Technology
MOST Projects 96 企業改名對股價的影響:台灣、亞洲股市及黃金相關企業的實證研究(3/3) CHANG YUAN-CHEN Principal Investigator 2009.08 ~ 2010.10 Ministry of Science and Technology
MOST Projects 96 企業改名對股價的影響:台灣、亞洲股市及黃金相關企業的實證研究(2/3) CHANG YUAN-CHEN Principal Investigator 2008.08 ~ 2009.07 Ministry of Science and Technology
MOST Projects 96 企業改名對股價的影響:台灣、亞洲股市及黃金相關企業的實證研究(1/3) CHANG YUAN-CHEN Principal Investigator 2007.08 ~ 2008.07 Ministry of Science and Technology
MOST Projects 95 金融商品在不同交易場所價格發現的比較:以台指期貨與現貨及新台幣匯率為例(2/2) CHANG YUAN-CHEN Principal Investigator 2006.08 ~ 2007.07 Ministry of Science and Technology
MOST Projects 94 管理一學門財務領域重點研究議題規劃 盧秋玲,CHANG YUAN-CHEN,TSAI CHENG-HSIEN Principal Investigator 2005.10 ~ 2006.07 Ministry of Science and Technology
MOST Projects 94 金融商品在不同交易場所價格發現的比較:以台指期貨與現貨及新台幣匯率為例(1/2) CHANG YUAN-CHEN Principal Investigator 2005.08 ~ 2006.12 Ministry of Science and Technology
MOST Projects 93 銀行間新台幣兌美元外匯交易流動性與交易成本的分析:台北與元太外匯經紀公司的比較 CHANG YUAN-CHEN Principal Investigator 2004.08 ~ 2005.10 Ministry of Science and Technology
MOST Projects 92 以變異數比率分析亞洲匯市隨機漫步的假說 CHANG YUAN-CHEN Principal Investigator 2003.08 ~ 2004.07
MOST Projects 91 台灣隔夜拆款市場報酬率與波動性的分析 CHANG YUAN-CHEN Principal Investigator 2002.08 ~ 2003.07 Ministry of Science and Technology
Other Projects 91 期貨商經營新台幣利率交換業務的可行性分析 CHANG YUAN-CHEN,CHOW HSING-YI 共同主持人 2002.08 ~ 2003.01 台北期貨商業同業公會
MOST Projects 90 新加坡台股指數期貨盤後交易訊息外溢效果之研究 CHANG YUAN-CHEN Principal Investigator 2001.08 ~ 2002.07
Country School Name Department Degree Duration
UNITED KINGDOM Lancaster University Finance Ph.D. 1995.06 ~ 1997.06
TAIWAN, REPUBLIC OF CHINA Master 1989.07 ~ 1991.07
TAIWAN, REPUBLIC OF CHINA Bachelor 1982.07 ~ 1986.07
Experience Category Organization Title Department Job Title Duration
Current NATIONAL CHENGCHI UNIVERSITY 財務管理學系 教授 2013.08 ~ Up to today
Current NATIONAL CHENGCHI UNIVERSITY 財務管理學系 教授 2005.08 ~ 2012.08
Current NATIONAL CHENGCHI UNIVERSITY 財務管理學系 副教授 2002.08 ~ 2005.08
Current NATIONAL CHENGCHI UNIVERSITY 財務管理學系 助理教授 2001.08 ~ 2002.08
Part Time NATIONAL CHENGCHI UNIVERSITY 財務管理學系 系主任 2008.08 ~ 2009.07
Part Time NATIONAL CHENGCHI UNIVERSITY 財務管理學系 系主任 2007.08 ~ 2008.07
Honor Category Year Award Name Awarding Unit
Outside School 107 科技部研究獎勵 科技部(國科會)
Inside School 107 特聘教授 政治大學
Inside School 106 資深優良教師 (20年) 國立政治大學
Outside School 106 獎勵特殊優秀人才 科技部(國科會)
Inside School 105 特聘教授 政治大學
Outside School 105 獎勵特殊優秀人才 科技部(國科會)
Inside School 104 學術研究優良獎 政治大學
Inside School 104 特聘教授 政治大學
Outside School 104 獎勵特殊優秀人才 科技部(國科會)
Outside School 103 獎勵特殊優秀人才 科技部(國科會)
Inside School 103 學術研究優良獎 政治大學
Inside School 102 教學優良教師獎 (專業課程) 政治大學
Outside School 102 獎勵特殊優秀人才 科技部(國科會)
Inside School 102 學術研究優良獎 政治大學
Inside School 101 特聘教授 政治大學
Inside School 101 學術研究優良獎 政治大學
Outside School 101 獎勵特殊優秀人才 科技部(國科會)
Outside School 100 獎勵特殊優秀人才 科技部(國科會)
Outside School 99 獎勵特殊優秀人才 科技部(國科會)
Inside School 94 學術研究成果國際化優等研究獎(02) 政治大學
Inside School 94 學術研究成果國際化優等研究獎(01) 政治大學
Inside School 94 傑出研究講座 政治大學
Inside School 93 傑出研究講座 政治大學
Outside School 89 國科會甲種研究獎勵 科技部(國科會)
Outside School 88 國科會甲種研究獎勵 科技部(國科會)
Outside School 87 國科會甲種研究獎勵 科技部(國科會)
Outside School 86 國科會甲種研究獎勵 科技部(國科會)
Year Paper Title
2008 Shih-An Yang;Robert (Chi-Wing) Fok;Yuanchen Chang*, 2008.07, 'The Wealth Effects of “Oil” Name Changes on Stock Prices: Evidence from U.S. and Canadian Stock Markets, ' 2008年中國國際金融年會, 中國清華大學, 美國Sloan School of Management, MIT.(*為通訊作者)
2004 張元晨;Chi-wing Fok;Wentse Lee;Yuanchen Chang, 2004.06, 'Bank Relationship and Firm Performance around the Asian Financial Crisis: Evidence from Taiwan, ' Bank Relationship and Firm Performance around the Asian Financial Crisis: Evidence from Taiwan, 2000 Chinese Finance Association Conference.
2004 張元晨;Robert C.W Fok;Vivian Jeng, 2004, 'Effects of Employee Stock Bonuses on Productive Efficiency: Evidence from Taiwan''s Electronic Industry, ' AsFA/TFA/FMA, 2004 Conference on July 12-14,2004, x.
2004 張元晨;Kam C. Chan;Robert C.W.Fok, 2004, 'Divergent Expectations and Close-end Funds: Evidence from Post-Asian Financial Crisis Period, ' AsFA/TFA/FMA and at the /FMA, 2004 Conference, x.
2000 張元晨, 2000.12, 'A Re-examination of Variance-Ratio Test of Random Walks in Foreign Exchange Rates, ' A Re-examination of Variance-Ratio Test of Random Walks in Foreign Exchange Rates, 9th SFM Conference.
2000 張元晨;Chang-An Pan;Chung-hua Shen, 2000.06, 'Forward Exchange Bias around the Asian Financial Crisis: Evidence from Taiwan''s Foreign Exchange Market, ' Forward Exchange Bias around the Asian Financial Crisis: Evidence from Taiwan''s Foreign Exchange Market, 2000 Chinese Finance Association Conference.
1999 張元晨, 1999.11, 'Optimal Hedge Ratios for Cross-hedging NTD/USD Risk with the JPY/USD Futures, ' 12th Annual Australasian Finance and Banking conference, ..
1999 張元晨, 1999.04, 'Foreign Exchange Risk and Industry Characteristics: Evidence from the Taiwanese Stock Market, ' Foreign Exchange Risk and Industry Characteristics: Evidence from the Taiwanese Stock Market, Chinese Finance Association Conference.