Stock Options and Credit Default Swaps in Risk Management
Journal Article
Al-Own, B., Minhat, M., & Gao, S. (2018)
Stock Options and Credit Default Swaps in Risk Management. Journal of International Financial Markets, Institutions and Money, 53, 200-214. https://doi.org/10.1016/j.intfin.2017.09.021
The use of stock options and credit default swaps (CDS) in banks is not uncommon. Stock options can induce risk-taking incentives, while CDS can be used to hedge against credi...
Contemporary Financial Risk Management Perceptions and Practices of Small-Sized Chinese Businesses
Journal Article
Gao, S. S., Oreal, S., & Zhang, J. (2014)
Contemporary Financial Risk Management Perceptions and Practices of Small-Sized Chinese Businesses. International journal of risk and contingency management, 3(2), 31-42. https://doi.org/10.4018/ijrcm.2014040103
This study investigated the current perceptions and practices of financial risk management at small businesses in China. The researchers took an interpretative approach, using...
Risk management capability building in SMEs: a social capital perspective
Journal Article
Gao, S. S., Sung, M. C., & Zhang, J. (2012)
Risk management capability building in SMEs: a social capital perspective. International Small Business Journal, 1-24. https://doi.org/10.1177/0266242611431094
This article addresses the under-researched issue of risk management (RM) and risk management capability building in small and medium sized enterprise (SMEs). It draws upon th...
Public bodies’ perceptions on risk transfer in the UK’s private finance initiative.
Journal Article
Gao, S. S. & Handley-Schachler, M. (2003)
Public bodies’ perceptions on risk transfer in the UK’s private finance initiative. Journal of finance & management in public services. 3, 25-39. ISSN 1475-1283
This paper presents a preliminary study of public bodies’ perceptions relating to risk transfer in the
UK private finance initiative (PFI). The study is based on semi-structur...
Contemporary Financial Risk Management Perceptions and Practices of Small-Sized Chinese Businesses
Book Chapter
Gao, S., Oreal, S., & Zhang, J. (2018)
Contemporary Financial Risk Management Perceptions and Practices of Small-Sized Chinese Businesses. In Global Business Expansion: Concepts, Methodologies, Tools, and Applications, (917-931). USA: IGI Global. https://doi.org/10.4018/978-1-5225-5481-3.ch041
This study investigated the current perceptions and practices of financial risk management at small businesses in China. The researchers took an interpretative approach, using...
Can the private finance initiative be used in emerging economies? – lessons from the UK’s successes and failures.
Journal Article
Handley-Schachler, M. & Gao, S. S. (2003)
Can the private finance initiative be used in emerging economies? – lessons from the UK’s successes and failures. Managerial Finance. 29, 36-51. doi:10.1108/03074350310768742. ISSN 0307-4358
The Private Finance Initiative (PFI) introduced in the UK in 1992 has provided the framework for the completion of a large number of capital projects managed by public sector ...
Need for financial risk management by the public sector: a challenge for the 21st century.
Journal Article
Gao, S. S. & Handley-Schachler, M. (2000)
Need for financial risk management by the public sector: a challenge for the 21st century. Public Fund Digest. 1, 67-83
A two-pass model study of the CAPM: evidence from the UK stock market.
Journal Article
Hwang, T., Gao, S. S., & Owen, H. (2012)
A two-pass model study of the CAPM: evidence from the UK stock market. Studies in economics and finance, 29, 89-104. https://doi.org/10.1108/10867371211229118
Purpose – There has been considerable debate on the linear relationship between systematic risk and return. The purpose of this study is to investigate whether security return...
An empirical study of relationships between accounting conservatism and executive compensation-performance sensitivity
Journal Article
Zhang, X., Gao, S., & Zeng, Y. (2019)
An empirical study of relationships between accounting conservatism and executive compensation-performance sensitivity. International Journal of Accounting and Information Management, 27(1), 130-150. https://doi.org/10.1108/ijaim-01-2018-0002
Purpose
The purpose of this paper is to study the relationship between accounting conservatism and executive compensation-performance sensitivity with a view to identifying th...
Markowitz efficiency and size effect: evidence from the UK stock market
Journal Article
Hwang, T., Gao, S. S., & Owen, H. (2013)
Markowitz efficiency and size effect: evidence from the UK stock market. Review of Quantitative Finance and Accounting, https://doi.org/10.1007/s11156-013-0390-8
Academics and practitioners have frequently debated the relationship between market capitalization and expected return. We apply the Markowitz efficient frontier approach to d...