Dr. Ming-Shiun Pan
Finance

Ming-Shiun Pan

Office:
Grove Hall 217
Phone: (717) 477-1683
E-mail:mspan@ship.edu
Website:http://webspace.ship.edu/mspan
Office Hours and Teaching Schedule 

PhD in Finance, University of Alabama 

MA in Management Science, University of Alabama 

BS in Business Administration, Fu-Jen Catholic University, Taiwan 

Professor of Finance 

Research & Teaching Areas 

Research interests are market efficiency, return anomalies, derivative securities, currency markets and exchange rates, and international market integration and efficiency. 

Teaching areas include financial management, investments, applied company and equity analysis, and derivative securities. 

Recent Publications

“Investor Opinion Divergence and Post-Repurchase Announcement Stock Price Drift” Applied Economics 47 (22), 2293-2306, 2015, with G.-C. Huang and K. Liano.  

“The Effects of Stock Splits on Stock Liquidity” Journal of Economics and Finance 39 (1), 119-135, 2015, with G.-C. Huang and K. Liano.  

“Investors’ Opinion Divergence and the REIT Post-Repurchase Announcement Price Drift” Journal of Real Estate Portfolio Management 19 (2), 155-168, 2013, with G.-C. Huang and K. Liano.  

“Open-Market Stock Repurchases by Insurance Companies and Signaling” Risk Management and Insurance Review 16 (1), 47-69, 2013, with G.-C. Huang, K. Liano, and H. Manakyan.  

“REIT Share Repurchase Decisions and Stock Market Liquidity” Journal of Real Estate Portfolio Management 18 (1), 43-56, 2012, with G.-C. Huang and K. Liano.  

“REIT Stock Splits and Liquidity Changes” Journal of Real Estate Finance and Economics 43 (4), 527-547, 2011, with G.-C. Huang and K. Liano.  

“Autocorrelation, Return Horizons, and Momentum in Stock Returns” Journal of Economics and Finance 34 (3), 284-300, July 2010.

“The Operating Performance of REITs Conducting Open-Market Repurchases” Journal of Real Estate Portfolio Management 16 (1), 59-69, 2010, with G.-C. Huang and K. Liano.

Presentations

“Investors’ Opinion Divergence and Post-Earnings Announcement Drift: Evidence from REITs,” American Real Estate Society annual meeting, San Diego, CA, April 2014, and Financial Management Association annual meeting, Nashville, TN, October 2014, with G.-C. Huang and K. Liano.  

“Investors’ Opinion Divergence and REIT Share Repurchase Decisions,” American Real Estate Society annual meeting, Kohala Coast, Island of Hawaii, April 2013, and Financial Management Association annual meeting, Chicago, IL, October 2013, with G.-C. Huang and K. Liano.  

“The Information Content of REIT Open-Market Stock Repurchases,” American Real Estate Society annual meeting, St. Petersburg, FL, April 2012, and Financial Management Association annual meeting, Atlanta, GA, October 2012, with G.-C. Huang and K. Liano.  

“Opinion Divergence and REIT Post-Repurchase Announcement Drift,” American Real Estate Society annual meeting, Seattle, WA, April 2011, with G.-C. Huang and K. Liano.  

“REIT Share Repurchase Decisions and Stock Market Liquidity,” American Real Estate Society annual meeting, Naples, FL, April 2010 and Asia Real Estate Society annual meeting, Kaohsiung, Taiwan, July 2010, with G.-C. Huang and K. Liano.

Professional Experience, Leadership, Service

Journal editor; Board membership; University, College and Department Committees; etc.