세미나

2017년 10월 30일
KakaoTalk_20171030_094627215

[Research Seminar 2017.10.27.] The More Efficient, the More vulnerable!

Speaker : Dong-Hyun Ahn/President Seoul National University Korea Capital Market Institute Abstract: We extend the limited arbitrage model of Shleifer and Vishny (1997) to an intertem-poral model while simplifying a funding cost structure. The model implies that the equilibrium price is more volatile during a crash than during a tranquil […]
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 […]