2017년 9월 29일
강의사진_엄주명

[Research Seminar 2017.09.25]AI Researches on DFKI and its application to Smart Factory

Title: AI Researches on DFKI and its application to Smart Factory   Abstract: German research center for Artificial intelligent (DFKI) is developing the platform, application and autonomous system and augmented reality. SmartFactoryKL initiated by DFKI carried out the researches of whole life cycle for applying AI into production system. This […]
2017년 8월 7일
20170720_165817

[Research Seminar 2017.07.20]How do co-opted directors influence corporate risk-taking?

Speaker’s Name: YoungSang Kim (Professor/Northern Kentucky University)   Abstract: Motivated by agency theory, we explore the effect of co-opted directors, i.e. directors appointed after the incumbent CEO assumes office, on corporate risk taking. Our results show that a higher proportion of co-opted directors on the board leads to significantly higher […]
2017년 7월 18일
KakaoTalk_20170718_113410369

[Research Seminar 2017.07.13] “Normal” is more normal for some asset classes

Speaker’s Name: Jaehyuk Choi (Assistant Prof./Peking University HSBC Business School) Abstract: This study concerns normal stochastic volatility (NSV) model in which the price follows an arithmetic Brownian motion. The NSV model provides a better option pricing model for some asset classes, such as interest rate, compared to its counterpart based on […]
2017년 7월 18일
KakaoTalk_20170707_134128550

[Research Seminar 2017.07.04] Do Investors Use Options and Futures to Trade on Different Types of Information? Evidence from an Aggregate Stock Index

Speaker’s Name: Kyounghun Bae (Assistant Prof./Hanyang University) Abstract Option prices are sensitive to changes in volatility whereas futures prices are not. We investigate this distinction empirically and test the hypothesis that investors with information about future returns (volatilities) will prefer to trade in futures (options) because futures (options) protect the investor […]