Asia-Pacific Journal of Financial Studies

Best paper prize

The Korean Securities Association is pleased to announce the winners of the Asia-Pacific Journal of Financial Studies Best Paper Prize for 2012. You can read the winning papers online now.

First prize was awarded to Asymmetric price distribution and bid-ask quotes in the stock options market by Kalok Chan and Y. Peter Chung.
Second prize was awarded to Corporate governance, legal system, and stock market liquidity: Evidence around the world by Kee H. Chung, Joon-Seok Kim, Kwangwoo Park and Taeyoon Sung.

You can also read the winning articles from previous years.

Asia-Pacific Journal of Financial Studies publishes original research articles that focus on empirical and theoretical research on capital markets. The journal aims to contribute to the development of Asia-Pacific’s securities markets and its financial industry by promoting mutual cooperation and exchange among scholars, professionals, and policy makers to share research interests and policy issues in the field. Papers in any of the following fields will be considered:

• investments
• capital and security markets
• corporate finance, and
• quantitative methods of particular relevance to financial researchers.

Asia-Pacific Journal of Financial Studies was the first SSCI-listed finance journal in Asia.

Don't miss out on the next issue – sign up now to receive an email alert when each issue of Asia-Pacific Journal of Financial Studies is published.

Log in to Wiley Online Library then click on the button in the top left journal tools menu.

If you haven't logged in to Wiley Online Library before, simply register your details first, then return to this page and click on the button.

The latest special issue from Asia-Pacific Journal of Financial Studies focuses on firms, markets and governance in the global economy. You can read all these articles online now:

Foreign Ownership and Information Asymmetry
Jongmoo Jay Choi, Kevin C. K. Lam, Heibatollah Sami and Haiyan Zhou

Directors are Rewarded for Past Failure and Future Success
Hsiu-I Ting

Ownership Structure, Intensive Board Monitoring, and Firm Value: Evidence from Korea
Hee Sub Byun, Ji Hye Lee and Kyung Suh Park

Corporate Governance and Analyst Behavior: Evidence from an Emerging Market
Ji-Chai Lin and Vivian W. Tai

Analyst Tipping on Neglected Firms: Evidence from the Korean Stock Market
Kyung Soon Kim, Yun Woo Park and Jin Woo Park

The Drivers and the Stock Market Assessment of Internal Capital Market: Evidence from Business Groups in Korea
Sung Wook Joh and Meong Ae Kim

Asymmetric Foreign Exchange Exposure, Option Trade, and Foreign Currency-Denominated Debt: Evidence from Korea
Sung C. Bae and Taek Ho Kwon

Fund Size and Performance in a Market Crowded with Many Small Funds
Juil Ban and Hyuk Choe

Read the top Asia-Pacific Journal of Financial Studies articles online:

The Impact of Corporate Governance on the Relationship between Investment Opportunities and Dividend Policy: An Endogenous Switching Model Approach
Kun-Li Lin and Chung-Hua Shen

Is There a Relationship Between Corporate Governance and Value-based Financial Performance Measures? A Study of Turkey as an Emerging Market
Ali Bayrakdaroglu, Ersan Ersoy and Levent Citak

Risk Management Lessons from 'Knock-in Knock-out' Option Disaster
Jaeuk Khil and Sangwon Suh

The Effects of Outside Board on Firm Value in the Emerging Market from the Perspective of Information Transaction Costs
Sung Wook Joh and Jin-Young Jung

Earnings Manipulation, Corporate Governance and Executive Stock Option Grants: Evidence from Taiwan
Ming-Cheng Wu, Yi-Ting Huang and Yi-Jing Chen