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Argyros School of Business and Economics

» Money and Finance Conference

The Argyros School of Business and Economics hosts the 3rd Annual Chapman Conference on Money and Finance, titled Financial Market Development in Emerging Asia: Impact on Corporate Performance, Capital Flows, and Politics, on Friday, May 4 at Chapman University.

A number of countries in South and East Asia are developing rapidly but financial markets in most of these countries remain underdeveloped or even repressed.  Liberalization and regulatory reform can be expected at different speeds with potential opportunities for domestic and foreign investors. What will be the impact of this process on corporate structure and performance, political processes, financial flows and on financial markets in the developed countries? These issues will be addressed at the conference by academics and representatives of the financial business community

This event is free and open to the public. 

RSVP to Rita Desjardins at


Beckman Hall 404 - 8:30 a.m. - 1:00 p.m.

Beckman Hall 104 - 1:00 p.m. - 5:00 p.m.

8:30 a.m. - Light breakfast fare

8:50 a.m. - Welcome: Dean Thomas A. Turk, Ph.D.

Introduction of Keynote Speakers: Clas Wihlborg, Chapman University 

9:00 a.m. - Keynote address 1:

S. Ghon Rhee, University of Hawaii,

"The Development of Regional Bond Markets in Asia." 

9:35 a.m. - Keynote address 2:

Shubhashis Gangopadhyay, India Development Foundation, 

"India's New Bankruptcy Code: A Model For Emerging Markets?"

10:10 a.m. - Coffee Break

10:30 a.m. - Panel Discussion on:

  1. What model for financial market development in Emerging Asia: Anglo-Saxon, China, India, or even the European Union?
  2. An American perspective on financial market development in emerging Asia.

*Introductory Remarks from: James Barth, Auburn University; Herald Benink, Tilburg University; Robert Dekle, University of Southern California; Lars Oxelheim, Lund University 

12:00 p.m. - Lunch

1:00 p.m. - Beckman Hall # 104 -Paper presentations by:

Chairman: Thomas D. Willett, Claremont Graduate University 

1:15 p.m. - Brief presentations of papers in parallel Poster Session

1:30 p.m. - David G. Dickinson, University of Birmingham, UK, "Has the Split Share Reform Influenced Corporate Behavior?Chinese Firms' Fixed Capital Investment 2002-2016." Discussant: Reuven Glick, Federal Reserve Bank of San Francisco.

2:15 p.m. - Trong Ngo, University of Economics, HCMC, Vietnam, "Bank Efficiency in Vietnam: Do Scale Expansion Strategies and Non-performing Loans Matter?" Discussant: Richard Burdekin, Claremont McKenna College.

3:00 p.m. - Coffee Break

3:30 p.m.Xiao Cen, Columbia University, "Going Mobile, Investor Behavior, and Financial Fragility." Discussant: Robert Dekle, University of Southern California

4:15 p.m. - Sarah Lynne Daway-Ducanes, University of the Philippines, "Financial Market Development as a Source of Manufacturing Growth." Discussant: Richard Sweeney, Georgetown University.

5:00 p.m. - End     

2018 Conference Presentations

2017 Conference Presentations

2017 Conference Papers

Meet the Conference Coordinator

Dr. Clas Wihlborg is a financial professor and holds the Fletcher Jones Chair in International Business at the Argyros School of Business and Economics. Dr. Wihlborg's research and teaching have focused on international finance, international finance management, law and economics, and financial institutions. 

For more information, please visit Dr. Clas Wihlborg's Faculty Profile.