Professor Info

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Name: 吳菊華 Wu, Chu Hua
Discipline: Finance
TEL: 03-4638800 ext. 3663
Email: chwu@saturn.yzu.edu.tw

Title

Assistant Professor

Speciality

Corporate Finance Corporate Governance Mergers & Acquisitions

Academic BG.

  • PhD in International Business Commerce from National Chengchi University(2002.09-2008.05)
  • MBA in Commerce from National Chengchi University (1998.09-2000.06)
  • Bachelor in Economics from National Chengchi University (1994.09-1998.06)

Experience

  • Adjunct Lecturer, Department of International Business, Lunghwa University of Science and Technology (2005.02-2006.02)
  • Adjunct Lecturer, Department of International Business, Vanung University (2005.09-2006.02)
  • Adjunct Lecturer, Department of International Trade, Takming University of Science and Technology (2002.08-2004.07)
  • Analyst of Department of Risk Management in Chinatrust Commercial Bank (2000/7-2022/8)

Journal Papers

  1. MeiChi Huang, Chu-Hua Wu, I-Shan Cheng (2021), "A truly global crisis? Evidence from contagion dependence across international REIT markets", The North American Journal of Economics and Finance, Vol 58, November,2021 (SSCI, IF=1.535)
  2. Chu-Hua Wu and Hao-En Chiang (2019), "Impact of Diversified Mergers and Acquisitions on Corporate Risk", Journal of Economics and Management, Vol. 15(1), 93-115. (EconLit)
  3. Mei-Chen Lin, Chu-Hua Wu and Ming-Ti Chiang (2014), "Investor Attention and Information Diffusion from Analyst Coverage", International Review of Financial Analysis,Vol. 34, 235-246 (SSCI, NSC: B+)
  4. Chia-Ching Cho and Chu-Hua Wu (2014), “Role of Auditor in Agency Conflict and Corporate Governance: Empirical Analyses of Taiwanese Firms”, Chinese Management Studies, Vol. 8(3), 333-353 (SSCI, PRJ)
  5. Chu-Hua Wu and Jiun-Ting Ho (2014), “Ownership Pattern and Long-term M&A Performance”, Journal of Financial Studies, Vol. 22, No. 2, 65-95(TSSCI, PRJ)
  6. Chu-Hua Wu and Len-Kuo Hu (2009), “Strategic Choice between Joint Ventures and Mergers for Vertical Integration”, Journal of Financial Studies, Vol. 17, No.3, 103-125. (TSSCI, PRJ)

Conference Papers

  1. Chu-Hua Wu, Chia-Hung Wu, and Pei-Hsuan Wu (2020), "Innovation and Financial Performance from Technological Mergers and Acquisitions : Perspective from Organizational Learning Capability and Financial Slack", The 28th SFM Conference - Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan
  2. Chu-Hua Wu adn Ying-Chin Hung (2019), "Effect of Geographic Distance and Culture Difference on Corporate Risk of Acquirer", SIBR 2019 OSAKA Conference on Interdisciplinary Business & Economics Research, Japan
  3. Chu-Hua Wu and Pei-Yin Wu (2018), "Financial Condition of Firms and M&As", SIBR 2018 OSAKA Conference on Interdisciplinary Business & Economics Research, Japan
  4. Chu-Hua Wu and Li-Ting Huang (2017), "Impact on Risk of Acquiring Firm after M&As", The 6th International Conference on Social Sciences and Business, Okinawa, Japan
  5. Tzu-Hsuan Chang and Chu-Hua Wu (2016), "Do Family Firms Controlled by Founder Perform Better? Evidence from Taiwan", 2016 Management Theory and Practice Conference, 2016. 04, Kyoto, Japan
  6. Chu-Hua Wu and Chih-Hsuan Chen (2014), “Government Ownership and Financial Stability”, Tenth Annual Conference, Asia Pacific Economic Association (APEA). 2014. 07. Bangkok, Thailand
  7. Chu-Hua Wu and Len-Kuo Hu (2013), “Success or Failure of Mergers under the Stability Condition”, Ninth Annual Conference, Asia Pacific Economic Association (APEA). 2013. 07. Osaka, Japan
  8. Chu-Hua Wu and Len-Kuo Hu (2012), “Foreign Borrowing or Domestic Financing: A Dual Agency Perspective”, Eighth Annual Conference, Asia Pacific Economic Association (APEA), 2012. 06. Singapore
  9. 卓佳慶, 吳菊華 (20012) , “D o B ig-4 auditors m itigate the agency conflicts in Eastern A sia? Theory and Evidence”, 現代會計論壇學術研討會議, 2012. 05 雲科大
  10. Len-Kuo Hu and Chu-Hua Wu (2011), “Theory of Dynamic Preference: Impact of Trade Imbalance on Funancial Crisis”, Seventh Annual Conference, Asia Pacific Economic Association (APEA), 2011. 06 Busan, Korea and 第一屆國學與經營管理國際學術研討會, 2012. 04 台大管院
  11. Chu-Hua Wu and Jiun-Ting Ho (2010), “Does Ownership Affect The Long-Term Performance of The Acquiring Firms?”, The 18th Securities and Financial Markets (SFM), Kaohsiung, Taiwan.
  12. Chia-Ching Cho and Chu-Hua Wu (2009), “Corporate Governance and Auditor Selection: An Agency Theory Perspective”, 2009 International Conference of Taiwan Finance Association, 2009.06.
  13. Len-Kuo Hu and Chu-Hua Wu, (2008), “Soft Budget Constraint and Acquisition Pricing”, 2008 6th NTU IEFA Conference, Taipei, Taiwan, 2008.05
  14. Len-Kuo Hu, Chu-Hua Wu and Chien-Heng Tu (2008), “Liquidity Demand and Soft Budget Constraint for Mergers and Acquisitions”, honored as best paper in Mergers and Acquisitions Forum 2007, Beijing, China, 2007.07
  15. Len-Kuo Hu and Chu-Hua Wu, “Optimal Shareholding of Vertical Integration：Joint Ventures vs. Merger”, Mergers and Acquisitions Forum 2005, Taipei, Taiwan, 2005.07.
  16. Len-Kuo Hu and Chu-Hua Wu, “Strategic Choice of Joint Venture vs. Merger - An Incomplete Contract Approach”, Asian FA/FMA/TFA Conference Taipei, Taiwan, 2004.07

Research Grants

  1. 不確定環境下之企業決策與風險管理--專題研究計畫(提升私校研發能量專案計畫), MOST105-2632-H-155-001
  2. 訊息不對稱與公司風險管理之相關研究--專題研究計畫(提升私校研發能量專案計畫), NSC-100-2632-H-155-001- MY2
  3. "Success or Failure of Mergers from the Stability Condition." NSC project:100-2410-H-155-016
  4. "Foreign Borrowing or Domestic Financing : A Dual-Agency Perspective." NSC project:99-2410-H-155-021
  5. "Do Big-5 auditors mitigate the agency conflicts between majority and minority shareholders in Eastern Asia? Theory and Evidence." NSC project:98-2410-H-155-003

Books/Pub.

  1. PhD. Dissertation, 2008. "Studies on the Strategic Choice of Joint Ventures vs. Mergers and the Economic Impact of Liquidity Demand on Firm's Acquisition Pricing."

Industrial Grants

Courses

  1. Economics(I)_BBA
  2. Economics(II)_BBA
  3. Investments_BBA
  4. Financial Management_BBA
  5. International Finance_BBA
  6. Quantatative Methods_MS in Finance
  7. Managerial Economics_EMBA
  8. Theory of Corporate Finance_Phd

Dissertation

  1. 108 WU, PEI-HSUAN, Innovation and Financial Performance from Technology Mergers and Acquisitions：Perspective from Organizational Learning Capability and Financial Slack
  2. 108 TANG, TSUNG-SHENG, The Spillover Intra-Conglomerate Effects of Financial Difficulties
  3. 108 Shan-Yu Li, Compensation design and post-merger performance
  4. 106 Hao-En Chiang, Impact of Diversified M&A on the Corporate Risk
  5. 106 Ying-Chin Hung, Effect of geographic distance and culture difference on corporate risk of acquirer
  6. 106 Shih-Hao Huang, Impact of independent board of directors on the corporate performance
  7. 106 Pei-Ying Wu, Financial Condition of Firms and M&A
  8. 104 Yi Lun Chung, CEO and Board’s M&A Experience to acquirer long-term performance: complements or substitutes?
  9. 104 Han-Ni Tsai, Revisit asset pricing model：Evidence from global REITs during the recent housing boom-bust cycle
  10. 103 Yu-Ting Chen, Do REITs Market Fluctuations Have a Contagious Effect on The CDS Premium?─Evidence from a Threshold Regression Analysis
  11. 103 Tzu-Hsuan Chang, Do Family Firms Controlled by Founder Perform Better?
  12. 102 I-Shan Cheng Nonlinear Comovements and Contagion in International REIT Markets: Evidence from Markov-switching Models
  13. 102 Nien-Ying Lin, CEO or Board Experience and Acquirer Long-term Performance
  14. 101 Po-Min Hsu, Contagion linkages between REIT and credit markets during the housing crisis: Evidence from international real estate markets
  15. 101 Chi-Hsuan Chen, Government Ownership of Banks and Financial Stability
  16. 99 Tzu-Hsuan Wang, Do Big-4 auditors enhance firm’s value in Eastern Asia?
  17. 99 Cheng-Jer Chung, Do firms with soft budget constraint problem pay more in M&As? Evidence from Eastern Asia.
  18. 98 Jiun-Ting Ho, Does ownership affect the long-term performance of the acquiring firms?

Awards & Certificates

  1. 2022 YZU Best Teaching Award
  2. 2021 YZU Best Counseling and Service Award
  3. 2016 YZU Best Teaching Award
  4. 2014 Cheng I-Shan, Nonlinear Comovements and Contagion in International REIT Markets: Evidence from Markov-switching Models, 2014 Seventh TSC Thesis Symposium Awards
  5. 2007/7 “Liquidity Demand and Soft Budget Constraint for Mergers and Acquisitions”, honored as best paper in Mergers and Acquisitions Forum 2007, Beijing, China, 2007.07

Pro. Membership

  1. Member of The Phi Tau Phi Scholastic Honor Society of the Republic of China
  2. Beta Gamma Sigma Member

Other Contributions

  1. 2022/12 Presenter in 「2022 National Online Conference on Bilingual Education」of Asia University
  2. 2020/12 Discussant of The 28th SFM Conference - Conference on the Theories and Practices of Securities and Financial Markets, Kaohsiung, Taiwan
  3. 2019/7 Discussant of SIBR 2019 OSAKA Conference on Interdisciplinary Business & Economics Research, Japan
  4. 2019/3 Reviewer of Journal of Business Administration
  5. 2018/7 Discussant of SIBR 2018 OSAKA Conference on Interdisciplinary Business & Economics Research, Japan
  6. 2014/7 Discussant of 2014 Tenth Annual Conference, Asia Pacific Economic Association (APEA), Bangkok
  7. 2014/3-2014/4 Reviewer of Journal of Business Ethics
  8. 2013/7 Discussant of Ninth Annual Conference, Asia Pacific Economic Association (APEA), Osaka
  9. 2013/2-2013/3 Reviewer of Journal of Business Ethics
  10. 2013/2 Drafter of Testing Center of Technological and Vocational Education
  11. 2012/6 Discussant of Eighth Annual Conference, Asia Pacific Economic Association (APEA), Singapore
  12. 2011/6 Disussant of Seventh Annual Conference, Asia Pacific Economic Association (APEA),Busan
  13. 2011/12-2012/1 Reviewer of Journal of Financial Studies
  14. 2011/01-2016/12 Accountant of Chung-Hwa International Trade Association
  15. 2010/12 Discussant of The 18th Securities and Financial Markets (SFM), Kaohsiung
  16. 2010/12-2011/1 Reviewer of 中山管理評論
  17. 2010/9-2010-10 Reviewer of Journal of Financial Studies
  18. 2010/8-2010/9 Reviewer of 中山管理評論
  19. 2010/3-2010/4 Reviewer of Journal of Financial Studies
  20. 2008/6 Discussant of 2008 6th NTU IEFA Conference, Taipei