Handbook of Asian Finance: Financial Markets and Sovereign Wealth Funds

Asia's miraculous recovery from the 1997 crisis ushered in unexpected transformations to its economies and financial sectors.  The reasons many Asian countries are growing above 6%, with double-digit growth for a year or two in-between, are investigated by this extensive research collection.    The Handbook of Asian Finance covers the most interesting issues raised by these growth rates. From real estate prices and the effects of trading technologies for practitioners to tax evasion, market manipulation, and corporate governance issues, expert scholars analyze the ways that the region is performing.  Offering broader and deeper coverage than other handbooks,  the Handbook of Asian Finance explains what is going on in Asia today.

Devotes significant attention to the systematic risk created by banks’ exposure to links between real estate and other sectors Explores the implications implicit in the expansion of sovereign funds and the growth of the hedge fund and real estate fund management industries Investigates the innovations in technology that have ushered in faster capital flow and larger trading volumes

BANKING 1. Risk Ratings in Asian Banks. Edward H.K. Ng 2. Private Wealth Management in Asia. David R. Meyer 3. The Banking Networks of Asian Financial Centers.  David R. Meyer 4. Dynamics of House Price and Bank Lending in Korea.  Heeho Kim and Saewoon Park 5. The Effect of Bank Mergers on Shareholder Value and Performance in Japan. Heather Montgomery and Yuki Takahashi 6. A Regime-switching Analysis of Asian Bank Stocks. Kin-Yip Ho, Yanlin Shi and Zhaoyong Zhang 7. Default Prediction with Automatically Predictor Selection on Southeast Asian Industry. Wolfgang Karl Hardle and Dedy Dwi Prastyo 8. A Demand for International Reserve and Monetary Disequilibrium: Evidence from Emerging Asia

MARKET DEVELOPMENT AND GOVERNANCE ISSUES 9. Singapore’s Financial Markets: Challenges, Future and Prospects. David Lee and Kok Fai Phoon 10. Wealth Management- A Comparison of Switzerland, Singapore and Hong Kong. Francis Koh and Peggan Tan 11. Asian Market Reactions to US Macroeconomic News Surprises. Helena Chulia and Natalia Valls 12. Monetary Policy in Taiwan: the Implications of Liquidity. Logan Kelly, Jane Binner, Chia-Ling Chang, and Yi-Heng Tseng 13. Comparative Financial Development in Asia-Pacific since the Asia Crisis. Kym Brown, Jonathan A. Batten, Michael Skully and Yen N. Nguyen 14. Does Asia Really Have Poorer Governance?: Evidence from International Variations in Self-Dealing Transparency. Raj Aggarwal and John W. Goodell 15. Attitudes Toward Tax Evasion in Korea: A Study in Public Finance. Robert W. McGee and Yeomin Yoon 16. Attitudes toward Accepting a Bribe: A Comparative Study of the Peoples’ Republic of China, Taiwan and Hong Kong. Robert W. McGee

SOVERIGN WEALTH FUNDS 17. The Emergence of Sovereign Wealth Funds in Asia. Donghyun Park and Gemma Esther B. Estrada 18. China Investment Corporation: China’s Sovereign Wealth Fund. Yuwei Hu 19. Portfolio Allocation Dynamics of China Investment Corporation in the Aftermath of the Global Financial Crisis of 2007-2009. Tayyeb Shabbir 20. Sovereign Wealth Funds in East Asia: An Update of their Recent Developments. Kin-Yip Ho and Zhaoyong Zhang