User profiles for Udomsak Wongchoti

Udomsak (Jeff) Wongchoti

Finance Scholar, Massey University
Verified email at massey.ac.nz
Cited by 1168

Gender diversity, state control, and corporate risk-taking: Evidence from China

KLH Khaw, J Liao, D Tripe, U Wongchoti - Pacific-Basin Finance Journal, 2016 - Elsevier
Corporate risk-taking activities among Chinese corporations generally increase with the
presence of male-only boards but are mitigated by state ownership. The positive relation …

Does it pay to be different? Relative CSR and its impact on firm value

DK Ding, C Ferreira, U Wongchoti - International Review of Financial …, 2016 - Elsevier
Conventional aggregation of Corporate Social Responsibility (CSR) raw scores and its
interpreted impact on firm value have provided mixed evidence in the literature. We show that the …

Systematic risk in cryptocurrency market: Evidence from DCC-MGARCH model

NP Canh, U Wongchoti, SD Thanh, NT Thong - Finance Research Letters, 2019 - Elsevier
This study provides a formal analysis on the structural breaks and volatility spillovers in
seven largest cryptocurrencies including Bitcoin, Litecoin, Ripple, Stellar, Monero, Dash, and …

Stock return synchronicity and the market response to analyst recommendation revisions

E Devos, W Hao, AK Prevost, U Wongchoti - Journal of Banking & Finance, 2015 - Elsevier
In this paper we examine how stock return synchronicity relates to changes in market-based
measures of information-based trading in response to analyst recommendation revisions. …

Political connection and stock returns: A longitudinal study

S Civilize, U Wongchoti, M Young - Financial Review, 2015 - Wiley Online Library
A stock market should display informational efficiency and, therefore, should appropriately
reflect the value of political connections, if any value exists. Using a comprehensive data set …

Short-horizon contrarian and momentum strategies in Asian markets: An integrated analysis

TH McInish, DK Ding, CS Pyun, U Wongchoti - International review of …, 2008 - Elsevier
In this paper, we test the profitability of short-term contrarian and momentum strategies, which
take into account the effects of trading activity, size/value characteristics, and asymmetric …

The geography of CSR

DK Ding, C Ferreira, U Wongchoti - International Review of Economics & …, 2019 - Elsevier
We regress socio-economic indicators against firm level CSR scores using a sample of over
26,000 firm year observations from 1991 through 2009. We find that a firm's CSR profile is …

Does stock liquidity affect bankruptcy risk? DID analysis from Vietnam

HH Trinh, CP Nguyen, W Hao, U Wongchoti - Pacific-Basin Finance …, 2021 - Elsevier
We provide an out-of-sample test on Brogaard et al. (2017)’s difference-in-differences (DID)
finding that stock liquidity affects US firm Expected Default Frequency (EDF), in the context of …

Does economic policy uncertainty matter for insurance development? Evidence from 16 OECD countries

NP Canh, U Wongchoti, SD Thanh - The Geneva Papers on Risk and …, 2021 - Springer
We examine the influence of economic policy uncertainty (EPU) on the liveliness of local
insurance markets across 16 OECD countries during the 1998–2017 period. Our static panel …

[HTML][HTML] Earnings quality and crash risk in China: an integrated analysis

U Wongchoti, G Tian, W Hao, Y Ding… - Journal of Asian …, 2021 - emerald.com
Purpose The authors provide a comprehensive empirical examination on the impact of
earnings quality on stock price crash risk in China. Design/methodology/approach The authors …