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Woan-yuh Jang

Professor

Education Ph.D. in Finance, University of Warwick, UK
Research Behavioral Finance, Corporate Governance, Stock Market Anomalies, Statistical Analysis
Courses  Corporate Governance, Behavioral Finance, Mergers & Acquisitions, Financial Management, Investment Management, Statistics
Office

International Building , IB1001-A

Phone

886-2-2737-6753

E-mail:

jangwy@mail.ntust.edu.tw

 

Positions:

Graduate Institute of Finance, National Taiwan University of Science and Technology Professor   

 

Past Positions:

   
Graduate Institute of Finance, NTUST Professor 2009.08 - Present
Graduate Institute of Finance, NTUST Director 2018.08 - 2018.07
Graduate Institute of Finance, NTUST Associate Professor 2008.08 - 2009.07
Department of Business Administration, NTUST Associate Professor 1996.08 - 2008.07

 

Publications:

<Journal Publications>

  • Jang, Woan-yuh* and Chun-ching, Ho, 2022. “The Sobering Up Effect: Why Analysts Become Less Optimistic as the Release of Actual Earnings Gets Closer,” "Journal of Behavioral Finance", vol. 23(3), pp. 281-300. (SSCI, NSC Ranking: A -)
  • Liang, Hsiao-chen* and Woan-yuh, Jang, 2017. “News Management around Equity Private Placements,” "Journal of Entrepreneurial Finance", vol. 19(1) Spring, pp. 35-82. (FLI, NSC Ranking: B) 本期刊1991-1995年原名為 Journal of Small Business Finance.
  • Jang, Woan-yuh *, Jie-haun, Lee and Hsueh-chin, Hu, 2016. “Halo, Horn, or Dark Horse Biases: Corporate Reputation and the Earnings Announcement Puzzle,” "Journal of Empirical Finance", vol. 38, pp. 272-289. (SSCI, NSC Ranking: A Tier 1)
  • 張琬喻*、楊弘章、陳佳吟,「新聞媒體報導對公司財務績效與股價之影響」,"證券市場發展季刊",第二十六卷,第一期,2014年,頁113-146。(TSSCI)
  • Liang, Hsiao-chen* and Woan-yuh, Jang, 2013. "Information Asymmetry and Monitoring in Equity Private Placements," "The Quarterly Review of Economics and Finance", vol. 53(4),pp. 460-475. (EconLit, NSC Ranking: A-)
  • 張琬喻*、張凱雯,「董事政治關聯及政治獻金影響企業價值嗎?」,"選舉研究",第十八卷,第一期,2011年,頁139-174。(TSSCI)
  • 張琬喻*、蔡明秀、郭一帆,「股權私募宣告效果與股權結構變動-以台灣上市上櫃公司為例」,"財務金融學刊",第十八卷,第一期,2010年,頁1-46。(TSSCI)
  • Jang, Woan-yuh*, Ching-I, Lin and Ming-ju, Pan*, 2010. "Business Strategies and the Adoption of ERP: Evidence from Taiwan's Communications Industry", "Journal of Manufacturing Technology Management," vol. 20(4), pp. 1084-1098. (SSCI)
  • Jang, Woan-yuh* and Chien-Tzung, Chen, 2009. "Defendant Firms and Response to Legal Crises: Effect on Shareholder Value", "Journal of Contingencies and Crisis Management", vol. 17(2), pp. 108-117.(SSCI)
  • Lin, Ching-I* and Woan-yuh, Jang, 2008. "Successful ISO 9000 Implementation in Taiwan - How Can We Achieve It and What Does It Mean?", "International Journal of Productivity and Performance Management", vol. 57(8) , pp. 600-630. (EI)
  • Jang, Woan-yuh* and Ching-I, Lin, 2008. "An Integrated Framework for ISO 9000 Motivation, Depth of ISO Implementation and Firm Performance: the Case of Taiwan", "Journal of Manufacturing Technology Management", vol. 19(2), pp. 194-216. (SSCI, SCI)
  • Pan, Ming-ju* and Woan-yuh, Jang, 2008. "Determinants of the Adoption of Enterprise Resource Planning within the Technology-organization-environment Framework: Taiwan's Communications Industry", "Journal of Computer Information Systems", vol. 48(3), pp. 94-102. (SCI).
  • Jang, Woan-yuh*, 2007. "Media Exposure or Media Hype: Evidence from Initial Public Offering Stocks in Taiwan", "Journal of Media Economics", vol. 20(4), pp. 259-287. (SSCI).
  • Lin, Jiun-sheng*, Woan-yuh, Jang and Kuan-jiun, Chen, 2007. "Assessing the Market Valuation of E-Service Initiatives", "International Journal of Service Industry Management", vol. 18(3), pp. 224-245. (SSCI).本期刊已於2009年更名為Journal of Service Management.
  • 張琬喻*、陳建宗,「公司訴訟案最初宣告對股東財富影響」,"科技管理學刊",第十二卷,第四期,2007年,頁 67-100。(TSSCI)
  • Huang, Yen-chen and Woan-yuh, Jang*, 2006. "The Price Discovery Function of the Exchange Traded Fund (ETF): Evidence from the Taiwan Equity Index markets", "Journal of Emerging Markets", vol. 11(2), pp. 39-49. (收錄於EconLit)
  • 張琬喻*,「政商網絡的建立必然使企業獲利嗎?」,"管理學報",第二十二卷,第二期,2005年,頁155-172。(TSSCI)
  • Jang, Woan-yuh* and Yu-fan, He, 2004. "The Temporal Price Relationships between Spot, Futures and Options Values on the TSE: Early Evidence", "Journal of Emerging Markets", vol. 9(3), pp. 10-21. (EconLit)
  • 張琬喻*、涂良育,「台灣企業宣告從事電子商務對股東財富的影響」,"台灣管理學刊",第四卷,第二期,2004年,頁161-186。
  • 張琬喻*、劉志旋、洪世章,「台灣上市公司策略聯盟宣告對股東財富之衝擊」,"管理學報",第二十卷,第四期,2003年,頁613-649。(TSSCI)

 

<Other Publications>

  • 周賢榮、張琬喻、吳明山,「台灣股票市場投資組合規模與分散風險的關係之研究」,"公務人員退撫基金季刊",第五期,民86,頁29-52

 

Research Projects

  • 張琬喻,「本國與外資券商分析師盈餘預測特性與景氣循環之關聯」,科技部專題計畫,計畫編號:108-2410-H-011-004-(2019)
  • 張琬喻,「高階主管性別多樣性及分析師盈餘預測」,科技部專題計畫,計畫編號:107-2410-H-011-003- (2018)
  • 張琬喻,「分析師盈餘預測路徑」,國科會專題計畫,計畫編號:NSC104-2410-H-011-002 (2015)
  • 張琬喻,「投資者關係如何影響公司價值」,國科會專題計畫,計畫編號:NSC99-2410-H-011-004 (2010)
  • 張琬喻,「管理者在股權私募期之自願性揭露」,國科會專題計畫,計畫編號:NSC98-2410-H-011-009 (2009)
  • 張琬喻,「關聯獨立董事與股東財富的關係」,國科會專題計畫,計畫編號:NSC 96-2416-H-011-016 (2007)
  • 張琬喻,「台灣上市公司財務比率時間數列特性與預測模式之研究」,國科會專題計畫,計畫編號: NSC-88-2416-H-011-009(1999)
  • 張琬喻,「貝氏預測與一般線性迴歸對台灣股價預測能力之比較」,國科會專題計畫,計畫編號: NSC-87-2416-H-011-013 (1998)
  • 劉代洋、張蕙嬿、張琬喻,「我國銀行業採納赤道原則對永續經營發展知研究」,中華民國銀行商業同會公會全國聯合會委託專題研究計畫 (2015)
  • 劉代洋、薛承泰、張琬喻,「開放觀光賭場之社會影響評估」,行政院經濟建設委員會委託專題研究計畫 (2008)
  • 劉代洋、林孟彥、張琬喻、賴建華,「公益彩券品牌形象及獎金課稅問題之研究」(2008)
  • 劉代洋、張琬喻,「運動彩券社會經濟影響規劃評估研究計畫」,行政院體育委員會委託專題研究計畫 (2007)
  • 劉代洋、張琬喻,「民眾對嬰幼兒奶粉包裝標示認知問卷調查研究報告」,中興法學文教基金會 (2005)
  • 劉代洋、張琬喻,「台北市九十二年人力市場供需預測調查」,台北市政府勞工局就業服務中心 (2003)
  • 劉代洋、張琬喻,「鋁箔包、紙盒包和紙便當盒資源回收問卷調查報告」,中華民國紙包裝食品推廣協會 (2003)
  • 劉代洋、張琬喻,「我國發行運動彩券可行性之評估---以中國大陸發行體育彩票為例」,行政院體育委員會委託專題研究計畫 (2003)
  • 劉代洋、林孟彥、張琬喻,「國民對於發行運動彩券意見調查報告」,行政院體育委員會委託專題研究計畫 (2002)
  • 黃明聖、許和鈞、徐偉初、張琬喻,「政府歲出預算保留款及預算執行績效之探討」,行政院研究發展考核委員會委託專題研究計畫 (2000)
  • 劉代洋、林孟彥、張琬喻,「一般廢棄物清除處理費從量徵收行銷系統建立之研究」,台北市政府環境保護局委託專題研究計畫 (1998)
  • 李立國、張琬喻,「注意股票在遭警示前後股價行為之研究---分別就多、空頭兩期間比較」,國科會大專生參與專題研究計畫,計畫編號: NSC-88-2815-C-011-024-H (1999)