Personal Information
Hsiou-Wei Lin
Ph.D. Ph.D., Stanford University
Master MBA in Finance, New York University
Bachelor BBA, National Taiwan University
Office : Building II, College of Management 807
Tel : 3366-4967
Fax :
E-mail :
Office Hour :
Related Link :
Research Field
• International Financial Management
• Financial Management
• Managerial Accounting
• Financial Statement Analysis
• Financial Innovation
• Risk Management for Financial Institutions
• Financial Accounting Theory
Research Field Summary
No Data Available
• Ph.D., Stanford University
• MBA in Finance, New York University
• BBA, National Taiwan University
• Accounting
• Independent Study on Corporate Finance and Market
• International Financial Investments
• Managerial Accounting
• Managerial Economics
• Seminar on Financial Statement Analysis
2005-2009 Outstanding Teaching Award, National Taiwan University 2003.2004.2012 NTU Teaching Award, National Taiwan University 1999, 2001, 2011 NTU College of Management Teaching Award, National Taiwan University 2005-2013 Outstanding Research Article Awards, College of Management, National Taiwan University 2011 National Taiwan University Distinguished Counseling Advisor Award
No Data Available
Conference Paper
  1. Cheng-tsu Huang,Chu-hsuan Chang,Hsiou-wei Lin, December 2015, Do Multi-Year Earnings Forecasts Help Identify Over-investments for Future Business?, 23rd SFM conference.
  2. Chang, Chu-hsuan, Cheng-tsu Huang, and Hsiou-wei Lin, July 2015, Do Current-Year Forecasts Deserve Investors’ Exclusive Attention Among Analyst Estimates?, 2015 GEIM conference, (台中 中興大學).
  3. Hsiou-Wei William Lin,Ruei-Shian Wu,Huai-Chun Lo, July 2015, Does Peers’ or Clients’ Accounting Information Help Predict Financial Distress?, 2015 Global Entrepreneurship and Innovation in Management (GEIM) Conference, (台中 中興大學).
  4. Hsiou-Wei William Lin,Huai-Chun Lo,Ruei-Shian Wu, April 2015, Modeling default prediction with earnings management, 6th Financial markets and corporate governance conference, 研討會最佳論文獎.
  5. Huang, Cheng-tsu,Chu-hsuan Chang,Hsiou-wei Lin, April 2015, Permanent versus Transitory Components of Financial Analyst Current Earnings Forecasts, 2015 CSBF&IEFA conference.
  6. Huai-Chun Lo, Ruei-Shian Wu, Hsiou-Wei William Lin, November 2014, Stepping Out of the Familiar Zone: How Well Do Analysts Perform Outside of Their Specialized Fields?, 6th IFABS 2014 LISBON Conference、The 2014 International Conference on Corporate Finance and Capital Market, (Lisbon).
  7. Ruei-Shian Wu, Hsiou-wei Lin, Huai-Chun Lo, July 2014, The Trade-Offs Between Accrual-Based and Repurchase-Based Earnings Management, 2014 FMA EUROPEAN CONFERENCE, (Maastricht).
  8. Cheng-tsu Huang,Chu-hsuan Chang,Hsiou-wei, April 2013, Do Security Analysts Convey Distinct Perspectives of Information via Different Forecasting Measure?, 2013 Annual Global Finance Conference, (Monterey Bay).
  9. Cheng-tsu Huang,Chu-hsuan Chang,Hsiou-wei Lin, February 2013, Informativeness of Analyst Multi-Year Earnings Forecasts, 2013 FMA ANNUAL MEETING, (Chicago).
  10. Hueiling Chen,Cheng-tsu Huang,Hsiou-wei Lin, January 2013, The Impact of Regulation Fair Disclosure on Analyst Coverage and Forecasts for Less Covered Firms, 2013 Annual Global Finance Conference, (Monterey Bay).
  11. 林修葳, October 2009, Security Analysts’ Incentive and Cognitive Processing Bias: Evidence from Analysts’ Recommendations, 2009 Annual Meeting of the Financial Management Association International, (Reno, Nevada).
Journal Paper
  1. Hsiou-Wei William Lin,Huai-Chun Lo,Ruei-Shian Wu, January 2016, Modeling default prediction with earnings management, Pacific-Basin Finance Journal, (Accepted)..
  2. 羅懷均,林修葳, September 2015, 分析師是否於首次分析時對受忽略股票有較正面的研究報告?, 會計評論, (已接受)。.
  3. Wen-Chyan Ke,Hsiou-Wei William Lin, November 2014, An Improved Version of The Volume-Synchronized Probability of Informed Trading (VPIN), Critical Finance Review, (Accepted)..
  4. Hueiling Chen, Cheng-Tsu Huang, Hsiou-Wei W. Lin, September 2014, Changes in analyst following for less covered firms accompanying Regulation Fair Disclosure: The roles of ability and industry experience, Review of Quantitative Finance and Accounting, (Accepted). (國科會A)..
  5. 王陽照,林修葳,李存修,蔡瑞容, August 2014, 公司績效與董事會雙重角色:公司特性、政策法規及CEO與董事的社會網絡連結, 會計評論, (Accepted)..
  6. Rua-Haun Tsaih,Hsiou-Wei William Lin,Wen-Chyan Ke, April 2014, An Abductive-Reasoning Guide for Finance Practitioners, Computational Economics, 411 - 431.
  7. Chuan-San Wang,Hsiou-wei W. Lin, February 2014, The Impact of Reporting Goodwill and Impairments on the Market’s Anticipation of Future Earnings, NTU Management Review, (Accepted).
  8. Lin, Hsiou-wei W., Jia-Jeng Wang , Yuan-Hung Hsuku, February 2014, General- Equilibrium Pricing of Stock Index Futures with Regular and Irregular Stochastic Volatilities, 財務金融學刊, 1 - 32.
  9. Lin,Hsiou–wei, Chu-hsuan Chang, December 2013, Does the Market React Differently to Lead versus Follow Analyst Recommendations?, Journal of Economics and Finance.
  10. Lin Hsiou-wei W., Jia-Jeng Wang,Yuan-Hung Hsuku, February 2013, Security Analysts’ Incentive and Cognitive Processing Bias: Evidence from Analysts’ Recommendations, Asia-Pacific Journal of Accounting & Economics, 1 - 29.
  11. Lin Hsiou-wei and Wen-Chyan Ke, November 2011, A Computing Bias in Estimating the Probability of Informed Trading, Journal of Financial Markets, 625 - 640.
  12. Chang, Chu Hsuan, Te Kang Lu ,Hsiou-wei W. Lin, September 2011, Capital Reduction for Offsetting the Loss and Long-term Enterprise Development: A Case Study of Nanya Technology Corporation, Soochow Journal of Economics and Business, 83 - 118.
  13. Lin Hsiou-wei, Chen-Lung Chin, Yir-Jung Emily Syu, August 2011, On the Association between IPO Underpricing and Reversal and Taiwan‘s Regulatory Reforms for Mandatory Forecasts, Journal of Forecasting, 225 - 248.
  14. Tien, Cheng-li., Huai-chun Lo, Hsiou-wei W. Lin, January 2011, The Economic Benefits of Mega Events: A Myth or a Reality? A Longitudinal Study on the Olympic Games, Journal of Sport Management, 11 - 23.
  15. Lin Hsiou-wei ,Wen-Chuan Miao, November 2010, Exploring Optimism in Recommendations Accompanying Analyst Conflict of Interest Rules, The International Journal of Business and Finance Research, 1 - 16.
  16. Lin, Hsiou-wei, Woan-lih Liang ,Yir-Jung Syu, October 2010, Precision of Investor Information and Financial Disclosure, International Review of Economics and Finance, 627 - 632.
  17. Lin, Hsiou-wei W. and Ruei-Shian Wu, April 2010, Do Analysts Neglect the Recovering Stocks? From a Behavioral Perspective, International Journal of Accounting Studies, 1 - 26.
  18. Liu, Jenten, Li-Hua Huang and Hsiou-Wei W. Lin, November 2009, The Relationships among Innovation Characteristics, Financial Forecast and Earnings Management, 東吳經濟商學學報, 1 - 28.
  19. Hsiou-Wei Lin , Yun Chiang Tai, November 2009, AFEs 060509 A NGEE of CIRA for WE Countries during the pre-euro period from a behaviourial perspectivce, Applied Financial Economics, 1223 - 1237.
  20. Lin Hsiou-wei (林修葳) , Yun-Chiang Tai, October 2009, A Nonparametric General Equilibrium estimation of Covered Interest Rate Arbitrage for Western European Countries during the pre-Euro dollar period: A behavioral perspective, Applied Financial Economics, 1223 - 1337.
  21. Hsiou-Wei Lin, Yu-Cheng Chen, Ming-Chin Chen,Chi-Chun Liu, Chin S. Ou, Chin-Chen Chien,Ruei-Shian Wu,Mei-Feng Lin (林修葳), October 2009, Measuring the Quality ofTaiwan’s Accounting Journal, 證券市場發展季刊, 25 - 66.
  22. Kao, Chiang, Hsiou-Wei Lin, San-Lin Chung, Wei-Chi Tsai, Jyh-Shen Chiou, Yen-Liang Chen, Liang-Hsuan Chen, Shih-Chieh Fang, Hwei-Lan Pao, December 2008, Ranking Taiwanese Management Journals: A Case Study, Scientometrics, 95 - 115.
  23. Hsiou-Wei William Lin, Yir-Jung Emily Syu, Cheng-Wen Yu, July 2007, Investigating Net Purchases Accompanying Unexpected Investment Income of Taiwan’s Companies, International Journal of Accounting Studies, 1 - 26.
  24. Ho, Huay-Chung., Shih-Chin. Lee and Hsiou-wei W. Lin, December 2006, Gambler’s Fallacy in the Taiwan Lotto Market, 經濟論文叢刊, 417 - 444.
  25. Min-Hsien Su,Hsiou–wei Lin, June 2006, Exploring the Limitations of Merton and Logit Models in Estimating Credit Risk, Review of Financial Risk Management, 65 - 87.
  26. Lin Hsiou-wei, Chen-Lung Chin, Bikki Jaggi and Picheng Li, May 2006, Earnings Forecasts Disclosure Regulation and Earnings Management by IPO Firms to Meet the Forecast Error Threshold, Review of Quantitative Finance and Accounting, 275 - 299.
  27. Li, Ming-Yuan ,Hsiou-wei W. Lin, December 2005, Examining the Multiple Volatilities and Co-movements as Well as Beta Coefficients of International Stock Markets, Sun Yat-Sen Management Review, 41 - 71.
  28. Chang, Wen-Jing, Ling-Tai Lynette Chou, and Hsiou-wei W. Lin, October 2005, The Effect of Dismissal Threat on Auditor Independence, 中華會計學刊, 97 - 123.
  29. Liu, Jeten, Hsiou-wei Lin and Chen-Lung Chin, October 2005, Path Analysis of Value Chain of Innovation: An Empirical Study of R&D Investment, 管理評論.
  30. Lin, Hsiou–wei, Maureen F. McNichols and Patricia C. O’Brien, September 2005, Analyst Impartiality and Investment Banking Relationships, Journal of Accounting Research, 623 - 650.
  31. Chin , Chen-Lung, Hsiou-wei W. Lin, Woei Herng Chiou, September 2005, The Value-Relevance of R&D and Capital Expenditure: A Test of the Life Cycle Hypothesis, 中山管理評論, 617 - 643.
  32. Lin, Hsiou–wei and Ray-hsuan Wu, August 2005, Security Analysts’ Competence in Value and Glamour, International Journal of Business Research IV, 19 - 28.
  33. Li, Ming-Yuan and Hsiou-wei W. Lin, August 2005, Examining Multi-asymmetric Price Adjustment Behavior of Stock Markets via Threshold Models -An Empirical Study on Four Developed and Three Emerging Asian Stock Markets, International Journal of Financial Services Management, 599 - 608.
  34. Shu-Ling Chen, Po-Chuan Shih and Hsiou-Wei Lin, June 2005, The Linkage between Related Party Credit and Transaction Variables and Default Probabilities, 金融風險管理季刊, 47 - 63.
  35. Li, Ming-Yuan, Hsiou-wei W. Lin, and Rao, Hsiu-hua, June 2005, The Performance of Markov-switching Model on Business Cycle Identification Revisited, Applied Economics Letters, 513 - 520.
  36. Chen, S., Li, S. T., Lin, Hsiou-wei W., March 2005, Diversity in Management Journals in Taiwan: Ranking of Journal Quality Perceptions, 中山管理評論, 15 - 48.
  37. 林修葳,金成隆*,邱煒恒, November 2004, 研究發展支出與資本支出的價值攸關性:以企業生命週期論析The Value-Relevance of R&D and Capital Expenditure:A Test of the Life Cycle Hypothesis, Sun Yat-Sen Management Review.
  38. Li, Ming-Yuan and Hsiou-wei W. Lin, September 2004, Estimating Value at Risk via Markov Switching ARCH Models-An Empirical Study on Stock Index Returns, Applied Economics Letters, 679 - 691.
  39. Chin, Chen-Lung, Hsiou-wei W. Lin, and Hsin-Yi Chi, August 2004, Firm Valuation and Intellectual Property Right, Journal of Management.
  40. Liu, Jenten, Li-Hua Huang and Hsiou-Wei W. Lin, April 2004, A Study of Relationships among R&D Investments, Patent Grants and Operating Performance: The Effects of Taiwan Patent Legislation, 中華會計學刊, 97 - 126.
  41. Chang, Wen-Jing, Ling-Tai Lynette Chou, and Hsiou-wei W. Lin, December 2003, Audit Quality and Discretionary Accruals: A Study of Voluntary Forecast Firms, NTU Management Review, 1 - 46.
  42. Li, Ming-Yuan and Hsiou-wei W. Lin,, September 2003, Examining the Volatility of Taiwan Stock Index, Dow Jones, and Nikkei Market Returns via a Three-Volatility-Regime Markov-Switching ARCH Model, Review of Quantitative Finance and Accounting (RQFA), 123 - 139.
  43. Li, Ming-Yuan, Lin, Hsiou-wei, Kuo, Hsien-Chang and Yang, Sheng-Yung, August 2003, The Co-movements across Stock Markets - Exploring the Impacts of American and Japanese Index Returns on the Four Asian Tigers, 證券市場發展季刊, 117 - 144.
  44. Hsiou-wei W. Lin, and Jia-Jeng Wang, August 2003, The Persistence in Performance of Taiwan’s Mutual Funds, 管理學報, 655 - 688.
  45. Chang, Wen-Jing, Ling-Tai Lynette Chou, and Hsiou-wei William Lin, July 2003, Consecutive Changes in Insider Holdings and Earnings Management, 會計評論, 53 - 83.
  46. Chin, Chen-Lung, Hsiou-wei W. Lin, and Ju-Sen Hong, January 2003, Investigating the Extent Intangible Assets Help Explain IPO Under-pricing and Post-IPO Insider Holding Changes, 會計評論, 23 - 53.
  47. Chin, Chen-Lung, Hsiou-wei W. Lin, and Meng-Fun Lin, January 2002, On the Association between IPO Anomalies and Management Forecasts, Journal of Forecasting, 31 - 56.
  48. Rao, Hsiu-hua, Hsiou-wei W. Lin, and Ming-Yuan Leon Li, September 2001, Examining Taiwan’s Business Cycle via Two-Period MS Models, 經濟論文, 297 - 319.
  49. Chang, Wen-jing, Ling-Tai L. Chou and Hsiou-wei W. Lin, August 2001, The Effect of Audit Quality on Earnings Management to Sustain Recent Performance, Review of Securities and Futures Markets, 31 - 70.
  50. Chin, Chen Lung, Hsiou-wei W. Lin, and Yi-Hua Lin, December 2000, Mandatory Management Forecast Errors and Regulatory Hurdle As Variables to R&D Expenditures of Taiwan’s Electronic Companies, Journal of Management.
  51. Ray Tsaih, Hsiou-wei W. Lin, and Yi-ping Lin, December 2000, Sensitivity Analysis and Neural Networks, 資管評論, 1 - 20.
  52. Chin, Chen-Lung, Hsiou-Wei Lin and Su-Mei Huang, August 2000, Seasoned Equity Offerings and Earnings Management, 中山管理評論, 709 - 744.
  53. Li, Ming-Yuan and Hsiou-wei W. Lin, June 2000, Exploring Return Volatility for Major Asian Market Indices via Multiple-Volatility-State Markov-switching Models, 亞太管理評論, 183 - 198.
  54. Lin, Hsiou-wei W., Hsiu-hua Rao and Li, Ming-Yuan, December 1999, Mitigating Tail-fatness, Lepto Kurtic and Skewness Problems in VaR Estimation via Markov Switching Settings, 中國財務學刊, 61 - 95.
  55. Lin, Hsiou-wei W, August 1999, Security Analysts’ Earnings Forecasts and Recommendations for Regulated Companies, 會計評論, 81 - 108.
  56. Chin, Chen-Lung, Hsiou-wei W. Lin, and Yung-Fang Chang, April 1999, Mandatory Management Forecast Errors as a Variable to Earnings Manipulation, with a 20% Hurdle Set by TAIEX Regulators, 中國財務學刊, 57 - 96.
  57. Chin, Chen-Lung , Hsiou-wei W. Lin, August 1998, The Monthly EPS Disclosure Policies of Firms Listed on the Taiwan Stock Exchange, Review of Securities and Futures Markets, 31 - 64.
  58. Lin, Hsiou-wei W., and Maureen F. McNichols, February 1998, Underwriting Relationships, Analysts’ Earnings Forecasts and Investment Recommendations, Journal of Accounting and Economics, 101 - 127.
  59. Lin, Hsiou-wei W., and Yu-Cheng Chen, September 1997, An Empirical Study on Taiwan‘s Commercial Bank Accruals Management via Loan Loss Provisions and Securities Gains and Losses, 臺大管理論叢, 33 - 66.
  60. Lin, Hsiou-wei W., Ray Tsaih, and Ru-Long Gee, August 1997, Exploring the Relative Abilities of Neural Networks and VAR Models in Forecasting Taiwan’s Bond Prices, 證券市場發展季刊, 63 - 114.
  61. Lin, Hsiou-wei W., and Yu-Cheng Chen, March 1997, An Empirical Study on the Extent Capital Adequacy Ratio Measures Taiwan Commercial Bank Shareholder Risks, The Chinese Accounting Review, 181 - 221.
No Data Available
Book Paper
No Data Available
Technical Report
No Data Available
No Data Available