輔仁大學管理學院  金融與國際企業學系 大學部UNDER GRADUATE PROGRAM

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Yen-Ju Hsu Associate Professor

學歷 Ph.D., Department of Finance, National Taiwan University
M.S., Department of Money and Banking, National Kaohsiung First University of Science and Technology
B.S., Department of Finance, Providence University
研究室 Loyola Hall:SL224
經歷 連絡方式

(02)2905-2722

145794@mail.fju.edu.tw

任教科目 Accounting. Economics. Econometrics. Corporate Finance.
研究領域 News and Investor sentiment. Behavior Finance and Investment. Empirical Finance

學術成果

【Publication】

Yen-Ju Hsu*, Yueh-Hsiang Lin, and Pei-Yi Jiang, Effect of Material Information Press Briefings on Stock Returns (重大訊息記者會資訊內涵對股票報酬之影響), Journal of Futures and Options (期貨與選擇權學刊, TSSCI), Vol. 17(3), pp. 1-35, 2024(Dec.) in Chinese. *First author and Corresponding author

Yen-Ju Hsu* and Jia-Jing Fang, Effects of Firm-Level Geopolitical Risk on Leverage, Applied Economics (SSCI, NSTC Economics: B)(2024 Nov.) *First author and Corresponding author

Yen-Ju Hsu* and Yanzhi Wang, Technology Spillover, Corporate Investment, and Stock Returns, Journal of Empirical Finance (SSCI, NSTC: A Tier 1), Vol. 73, pp. 238-250, 2023(Sep.). * First author

Yen-Ju Hsu*, Yang-Cheng Lu and Jimmy Yang, News Sentiment and Stock Market Volatility, Review of Quantitative Finance and Accounting (Scopus, EconLit, NSTC: A Tier 2), Vol. 57(3), pp. 1093-1122, 2021(Oct.). *First author and Corresponding author

Wei, Yu-Chen, Yang-Cheng Lu and Yen-Ju Hsu*, The Effect of Classified News Sentiment on Trading Behavior. Review of Securities and Futures Markets (證券市場發展季刊, TSSCI), Vol. 30 (4), pp. 91-148, 2018 (Dec.) *Corresponding author

Wei, Yu-Chen, Yang-Cheng Lu, Jen-Nan Chen and Yen-Ju Hsu*, Informativeness of the Market News Sentiment in the Taiwan Stock Market. North American Journal of Economics and Finance (SSCI), Vol. 39, pp. 158-181, 2017(Jan.) *Corresponding author

Wei, Yu-Chen, Yen-Ju Hsu*, Yang-Cheng Lu, Chia-Chi Huang, The Impact of Media Reputation on Corporate Performance and Market Returns. Journal of Management and Business Research(管理學報, TSSCI), Vol. 33 (4), pp. 587-616, 2016(Dec.).

【Conference Presentation】* Presenter

Yen-Ju Hsu*, Yueh-Hsiang Lin, and Chien-Ping Chung, Managerial Vocal Cues and Investors’ Limited Attention.

  • Financial Management Association Annual Meeting, Vancouver, British Columbia, Canada, October 22-25, 2025. **scheduled
  • 34th European Finance and Management Association Meeting, Athens, Greece. June 25-28, 2025.
  • 2025 International Conference of Taiwan Finance Association (TFA), Taipei, Taiwan, Jun. 6-7, 2025. (†Fubon Best Paper Award)

Yen-Ju Hsu*, and Yanzhi Wang, Labor Market Tightness and Stock Returns- Evidence from Quasi Natural Experience of Inevitable Disclosure Doctrine, 33rd European Finance and Management Associations Meeting, Lisbon, Portugal. June 26-29, 2024.

Yen-Ju Hsu*, Woan-lih Liang, Yi-Chun Tsai, and Yanzhi Wang, Unemployment Insurance Benefits, Risk-taking and Stock Liquidity, (Title of previous version: Unemployment Insurance Benefits and Risk of Firms - The Roles of Innovation and Inventor movement)

  • 2023 International Conference of Taiwan Finance Association (TFA), Taichung, Taiwan, Jun. 9-10, 2023.
  • 2022 The 30th Annual Conference on Pacific Basin Finance, Economics, Accounting and Management, Chiayi, Taiwan, May 13-15, 2022. (Virtual presentation)

Yen-Ju Hsu* and Yanzhi Wang, Technology Spillover, Corporate Investment, and Stock Returns (Title of previous version: Technology Spillovers and Firm Growth Anomalies)

  • 2021 The 28th Annual Conference on Pacific Basin Finance, Economics, Accounting and Management, Hsinchu, Taiwan, Dec 7-8, 2021.
  • 2021 International Conference of Taiwan Finance Association (TFA), Taoyuan, Taiwan, Sep 24-25, 2021. (Virtual presentation)

【Research Grants】

Principal Investigator, from the National Science and Technology Council/ Ministry of Science and Technology, Taiwan.

  • Financial Constraints, Investment Timing Patterns, and Asset Pricing Anomalies. 2025.08-2026.07 (NTD$ 968,000)
  • Patent Value and Stock Returns. 2024.08-2025.07 (NTD$ 1,030,000)
  • Managerial Language Style in Conference Calls. 2024.08-2026.07 (NTD$ 1,695,000). **Co-Principal Investigator
  • The dark side of technology spillover: Evidence from corporate ESG performance. 2023.08-2024.07 (NTD$ 618,000)
  • Unemployment Insurance Benefits, Technology Spillover, and Corporate Innovation. 2022.08-2023.07 (NTD$ 618,000)
  • Unemployment Insurance Benefits, Risk- taking and Stock Liquidity. 2021.08-2022.07 (NTD$ 910,000)
  • Labor market tightness and stock returns-evidence from quasi natural experience of inevitable disclosure doctrine. 2020.08-2021.07 (NTD$ 818,000)
  • Technology spillovers and asset pricing anomalies. 2019.10-2020.09 (NTD$ 537,000)

【Honors and Awards】

  • Fubon Best Paper Award, 2025 International Conference of Taiwan Finance Association (TFA)
  • Teaching Excellence Awards, 2021, Fu Jen Catholic University.