China financial research: A review and synthesis

KC Chan, HG Fung, S Thapa - International Review of Economics & …, 2007 - Elsevier
We review the financial research on China as a transitional economy over the past 15 years
or so. This review sheds light on several important issues that are pertinent for an emerging …

Are the US stock market and credit default swap market related? Evidence from the CDX indices

HG Fung, GE Sierra, J Yau, G Zhang - Journal of Alternative …, 2008 - papers.ssrn.com
This study examines the market-wide relations between the US stock market and the credit
default swap (CDS) market for the period of 2001-2007. Results indicate that the lead-lag …

Cross-market linkages between US and Japanese precious metals futures trading

XE Xu, HG Fung - Journal of International Financial Markets, Institutions …, 2005 - Elsevier
We use a bivariate asymmetric GARCH model to examine patterns of across-market information
flows for gold, platinum, and silver futures contracts traded in both the US and Japanese …

Shadow banking and firm financing in China

Y Lu, H Guo, EH Kao, HG Fung - International Review of Economics & …, 2015 - Elsevier
Shadow banking, an informal, largely unregulated, financial market, has become increasingly
important in China because the fact that it is largely unregulated can threaten the viability …

On the relationship between Asian credit default swap and equity markets

KC Chan, HG Fung, G Zhang - Journal of Asia Business Studies, 2009 - emerald.com
When extended to sovereign issuers, the Merton‐type structural model suggests a negative
relationship between sovereign credit default swap (CDS) spreads and stock prices. In …

The relationship between CSR and performance: Evidence in China

EH Kao, CC Yeh, LH Wang, HG Fung - Pacific-Basin Finance Journal, 2018 - Elsevier
This study uses a system of simultaneous equations to investigate various hypotheses on the
relationship between corporate social responsibility (CSR) and firm performance for state-…

Ethical issues across cultures: managing the differing perspectives of China and the USA

DA Pitta, HG Fung, S Isberg - Journal of consumer marketing, 1999 - emerald.com
US marketers know the US standard of ethics. However, that standard can lead to ethical
conflict when Americans encounter the emerging market giant, China. As smaller US …

A multivariate analysis of the determinants of Moody's bank financial strength ratings

WPH Poon, M Firth, HG Fung - Journal of International Financial Markets …, 1999 - Elsevier
In 1995 Moody’s Investors Services inaugurated a new rating service, bank financial strength
ratings (BFSRs), that assesses the safety and soundness of banks in over 50 countries. …

Political connections and firm performance in C hinese companies

Z Su, HG Fung - Pacific economic review, 2013 - Wiley Online Library
This study uses panel data analysis to examine the relationship between political connections
and firm performance in C hinese firms from 2004 to 2008. We define firm‐level political …

The international transmission of Eurodollar and US interest rates: A cointegration analysis

HG Fung, SC Isberg - Journal of Banking & Finance, 1992 - Elsevier
The relationship between US and Eurodollar certificate of deposit (CD) rates for the period
1981–1988 is examined using an error correction model. Results indicate that there is a …