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

“The Effects of Stock Splits on Stock Liquidity” Journal of Economics and Finance, 2013, forthcoming, with G.-C. Huang and K. Liano.

“Open-Market Stock Repurchases by Insurance Companies and Signaling” Risk Management and Insurance Review 16, 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, 43-56, 2012, with G.-C. Huang and K. Liano.

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

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

  "REIT Open-Market Stock Repurchases and Profitability," Journal of Real Estate Finance and Economics 39, November 2009, 439-449, with G.-C. Huang and K. Liano. 

 “The Information Content of Stock Splits,” Journal of Empirical Finance 16, September 2009, 557-567, with G.-C. Huang and K. Liano. 

 “The Information Content of Multiple Stock Splits,” Financial Review 43, November 2008, 543-567, with G.-C. Huang, K. Liano, and H. Manakyan. 

 “Determinants of Winner-Loser Effects in National Stock Markets” Advances in Quantitative Analysis in Finance and Accounting 6, 2008, 143-158. 

 “International Momentum Effects: A Reappraisal of Empirical Evidence” Applied Financial Economics 17, 2007, 1409-1420, with L.P. Hsueh. 

“Dynamic Linkages between Exchange Rates and Stock Prices: Evidence from East Asian Countries,” International Review of Economics and Finance 16, 2007, 503-520, with R.C.W. Fok and Y.A. Liu. 

“Permanent and Transitory Components of Earnings, Dividends, and Stock Prices” Quarterly Review of Economics and Finance 47, September 2007, 535-549. 

“Do Stock Splits Signal Future Profitability?” Review of Quantitative Finance and Accounting 26, 2006, 347-367, with G.-C. Huang and K. Liano. 

Presentations

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

“The Information Content of REIT Open-Market Stock Repurchases,” Financial Management Association annual meeting, Atlanta, GA, October 2012, with G.-C. Huang and K. Liano.

Professional Experience, Leadership, Service

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