Tsai,Yung-Shun(蔡永順)
Status Full-Time Faculty,Head of Department,Full-Time Associate Professor
Name Tsai,Yung-Shun(蔡永順)
Email
Job title Associate Professor
Office 8021
Office phone (04) 2332-3456 ext. 48021
Education Ph D. Management ,National Yunlin University of Science and Technology, Taiwan
Expertise Financial institution Management , Portfolio and Financial Market
Office Hour OFFICE HOUE
Websites http://research.asia.edu.tw/TchEportfolio/index_1/gicha
Year Paper Title
2024 蔡永順(Yung-shun Tsai)、張俊評(Chun Ping Chang)*、臧仕維(TZANG, SHYH-WEIR)、張秀敏(Chang,Hsiu-Min), 總體經濟、租屋與購屋的關聯性, 藝見學刊 no.27 pp.95-126, 2024
2023 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)*、宋宣瑩(Sung, Hsuan-Ying), 房屋特徵對房價之影響—道路寬度之研究, 藝見學刊 no.26 pp.2223-4470, 2023
2023 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)*、張俊評(Chun Ping Chang)、陳映銓(Chen, Ying-Chuan), 隨機指標平滑曲線優化之投資績效分析-以元大寶來台灣卓越50指數股票型基金為例, 藝見學刊, vol.1 no.25 pp.105-137, 2023
2023 臧仕維(TZANG, SHYH-WEIR)、蔡永順(Yung-shun Tsai)*、張俊評(Chun Ping Chang)、陳美智(Chen, Mei-Chih), 股利政策與股票異常報酬關聯性, 藝見學刊, vol.1 no.25 pp.51-64, 2023
2023 蔡永順(Yung-shun Tsai)、張俊評(Chun Ping Chang)*、魏志明(Wei, Chih-Ming), 新冠肺炎對台灣股票報酬與交易量影響-生醫類股研究, 藝見學刊, vol.1 no.25 pp.139-159, 2023
2022 蔡永順(Yung-shun Tsai)、張俊評(Chun Ping Chang)*、莊慧君(Hui-Chun Chuang), 新冠肺炎與物流對網購平台企業股票報酬影響效果, 藝見學刊, vol.1 no.24 pp.91-119, 2022
2021 臧仕維(TZANG, SHYH-WEIR)、蔡永順(Yung-shun Tsai)*、張俊評(Chun Ping Chang)、張瑜君(Yu-Jun Zhang), The Relationship between Information Asymmetry and Abnormal Returns: A Study of Individual Investors and Institutional Investors, Journal of Economics and Management, vol.17 pp.79-105, 2021
2021 張俊評(Chun Ping Chang)、張仁駿(Chang, Zen-Chun)、蔡永順(Yung-shun Tsai)*、謝宗祐(Hsieh, Tsung-Yu)、臧仕維(TZANG, SHYH-WEIR), 異質性風險、公司特性與股票報酬率-台灣上市公司之實證, 藝見學刊 no.21 pp.109-124, 2021
2021 蔡永順(Yung-shun Tsai)、陳彥宸(Chen, Yan-Chen)、張俊評(Chun Ping Chang)、臧仕維(TZANG, SHYH-WEIR), 風險對散戶投資人過度自信的影響, 藝見學刊 no.21 pp.53-68, 2021
2020 張俊評(Chun Ping Chang)、蔡永順(Yung-shun Tsai)*、臧仕維, 異質性風險與股票報酬率, 藝見學刊, vol.2020 no.19 pp.101-120, 2020
2018 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang)、蔡宜家, 資訊不對稱、流動性衝擊與 公司異常報酬關聯性, 管理資訊計算(Management Information Computing), vol.7 no.2 pp.200-210, 2018
2017 蔡永順(Yung-shun Tsai)*、臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang)、鄭雅勻(Ya-Yun Cheng), 公司績效與融資對散戶過度自信的影響, 管理資訊計算(Management Information Computing), vol.6 no.4 pp.58-68, 2017
2016 蔡永順(Yung-shun Tsai)、洪羽璇(Yu-Syuan Hong)*、張俊評(Jun-Pin Chang), 景氣、盈餘與流動性對股票價格持續性的影響效果/The effects of business cycle, earnings and liquidity on stock price(in Chinese), 管理資訊計算(Management Information Computing), vol.5 no.2 pp.179-188, 2016
2015 蔡永順(Yung-shun Tsai)、林建志*、陳曉瑩, Optimal diversification, bank value maximization, and default probability, Applied Economics incorporating Applied Financial Economics, vol.47 no.24 pp.2488-2499, 2015
2015 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)*、張俊評(Jun-Pin Chang)、吳淑貞(Shu-Jhen Wu), 除權除息與處分效果-台灣實證研究/The ex-dividend and disposition effect: an empirical study in Taiwan(in Chinese), 龍陽學術, vol.11 no.1 pp.43-75, 2015
2014 蔡永順(Yung-shun Tsai)、紀建平*、翁竹政, IPO股票折價、股權結構對其報酬、流動性與風險探討-台灣上市櫃股票實證研究/The effect of IPO under-pricing, shareholder structure on return, liquidity and risk: an empirical study in Taiwan(in Chinese), 南開學報, vol.11 no.2 pp.1-13, 2014
2013 蔡永順(Yung-shun Tsai)*、王慧娟, 金融產業之間的風險傳染-台灣實證研究/Financial Contagion among Inter-industry – an Empirical Study of Taiwan(in Chinese), 亞太經濟管理評論, vol.17 no.1 pp.1-30, 2013
2013 蔡永順(Yung-shun Tsai)、紀建平*、林惠珍(Hui-Chen Lin), 台灣股票型基金的風險分散與相關性/Diversification and Relationship of Taiwan Equity Fund(in Chinese), 南開學報, vol.10 no.2 pp.41-51, 2013
2012 蔡永順(Yung-shun Tsai)*, 金融合併與風險傳染/Financial Consolidation and Risk Contagion: An Empirical Study of Taiwan(in Chinese), 商略學報, vol.4 no.2 pp.93-113, 2012
2011 蔡永順(Yung-shun Tsai)*、劉文智(wen-Zhi Liu), 台灣機構投資人過度自信行為實證研究/An Empirical Study on the Overconfidence of Institutional Investors in Taiwan(in Chinese), 台灣管理學刊, vol.11 no.2 pp.1-36, 2011
2008 蔡永順(Yung-shun Tsai)*、吳榮振(Roung-Jen Wu), 東亞新興市場之股市與匯市的風險傳染-東亞金融危機期間與非危機期間的驗證/The risk contagion between stock price and exchange rate in Asia emerging market: evidence based on Asian crisis and noncrisis periods(in Chinese), 台灣管理學刊, vol.8 no.2 pp.47-70, 2008
2007 蔡永順(Yung-shun Tsai)*、吳榮振(Roung-Jen Wu), 金融合併與金融不穩定:台灣金控公司為例/Financial Consolidation and Financial Instability: the Study of Taiwan’s Financial Holding Company(in Chinese), 金融風險管理季刊, vol.3 no.1 pp.1-26, 2007
2007 蔡永順(Yung-shun Tsai)*、吳榮振(Roung-Jen Wu), 銀行業風險傳染與金融不穩定-台灣實證研究/The Risk Contagion of Interbank Market and Financial Instability: an Empirical Study of Taiwan(in Chinese), 台灣金融財務季刊, vol.8 no.4 pp.1-28, 2007
Year Book Title
2021 臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang)、蔡永順(Yung-shun Tsai), Innovative Mobile and Internet Services in Ubiquitous Computing-Proceedings of the 15th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing (IMIS-2021), Performance of the Initial Public Offering in the Taiwan Stock Market, Springer Nature Switzerland AG, Jan. 2021
2021 張俊評(Chun Ping Chang)、蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR), Innovative Mobile and Internet Services in Ubiquitous Computing-Proceedings of the 15th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing (IMIS-2021), The Choice Between FDI and Selling Out with Externality and Exchange Rate, Springer Nature Switzerland AG, Jan. 2021
2021 蔡永順(Yung-shun Tsai)、張俊評(Chun Ping Chang)、臧仕維(TZANG, SHYH-WEIR), Innovative Mobile and Internet Services in Ubiquitous Computing Proceedings of the 15th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing (IMIS-2021), Study on the Relationship Between Dividend, Business Cycle, Institutional Investor and Stock Risk, Springer Nature Switzerland AG, Jan. 2021
2019 蔡永順(Yung-shun Tsai)、張俊評(Chun Ping Chang)、臧仕維(TZANG, SHYH-WEIR), Innovative Mobile and Internet Services in Ubiquitous Computing, Proceedings of the 13th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing (IMIS-2019), Demographic Structure, Business Fluctuations, Tax Shock and Housing Bubbles, Springer, Cham, Jan. 2019
Date of Publication Paper Title
2024.07 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang)、張瑞慈(Ruei-Tsz Chuang), The Impact of Investor Sentiment on Abnormal Returns and Abnormal Volumes , The Study of ESG Event - Innovative Mobile and Internet Services in Ubiquitous Computing, Jul. 2024, Taiwan/Tunghai University
2023.11 蔡永順(Yung-shun Tsai)、張俊評(Chun Ping Chang)、臧仕維(TZANG, SHYH-WEIR)、張瑞慈(Ruei-Tsz Chuang), The Impact of Investor Sentiment on Abnormal Returns , the Study of ESG Event - IEFD 2023 Conference, Nov. 2023, Vietnam/Dai Nam University
2023.07 蔡永順(Yung-shun Tsai)、張俊評(Chun Ping Chang)、臧仕維(TZANG, SHYH-WEIR)、劉芷妘(Chih-Yun Liu), The Relationships Between Underpricing and Turnover_ The Study of Seasoned Equity Offerings , The 17 th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing, Jul. 2023, JAPAN
2023.06 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang), Exploring the use of artificial intelligence (AI) in EMI classrooms to enhance language learning and teaching effectivenessStudy of Seasoned Equity Offerings , 2023 International Conference on Bilingual Education: Course Design and Teaching Practices, Jun. 2023, Taiwan
2023.01 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR), Housing Price, Family Structures and Household Consumption: Empirical , International Conference on Science, Social Science and Economics (IC3SE), Jan. 2023, JAPAN
2021.07 臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang)、蔡永順(Yung-shun Tsai)、Tsatsral Ochirbal、Bolor Sukhbaatar, Performance of the Initial Public Offering in the Taiwan Stock Market , The 15-th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing Virtual Conference, Jul. 2021, Online
2021.07 張俊評(Chun Ping Chang)、蔡永順(Yung-shun Tsai)、Khunshagai Batjargal、Hong Nhung Nguyen、臧仕維(TZANG, SHYH-WEIR), The Choice Between FDI and Selling Out with Externality and Exchange Rate , The 15-th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing Virtual Conference, Jul. 2021, Online
2021.07 蔡永順(Yung-shun Tsai)、張俊評(Chun Ping Chang)、臧仕維(TZANG, SHYH-WEIR), Study on the Relationship Between Dividend, Business Cycle, Institutional Investor and Stock Risk , The 15-th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing Virtual Conference, Jul. 2021, Online
2020.09 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang)、洪志興( Chih-Hsing Hung)、張瑜君(Yu-Jun Zhang), 散戶、法人資訊不對稱與異常報酬關聯性 , 2020台灣財務金融學會年會暨國際研討會, Sep. 2020, 台灣南投暨南大學
2020.09 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang)、張瑜君(Yu-Jun Zhang), The Relationship between Information Asymmetry of Individual Investors and Institution Investors and Abnormal Returns , 2020 TFA International Conference and Annual Meeting, Sep. 2020, Taiwan, National Chi Nan University
2019.07 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang), The Relationship Between Dividend, Business Cycle, Institutional Investor and Stock Risk , The 13th International Conference on Innovative Mobile and Internet Services in Ubiquitous Computing, Jul. 2019, Japan
2017.07 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)、張俊評(Chun Ping Chang)、宋政興(Zheng-xing Song), 人口結構、經濟波動、稅制衝擊與房市泡沫化 , 2017年世界華人不動產學會暨亞洲不動產學會會議, Jul. 2017, 台灣
2017.05 鄭雅勻(Ya-Yun Cheng), 公司績效與融資對散戶過度自信的影響 , 2017創新管理與資訊實務研討會, May. 2017, 台灣
2016.07 蔡永順(Yung-shun Tsai)、臧仕維(TZANG, SHYH-WEIR)、劉玉珍(Yu-Jhen Liou)、張俊評(Jun-Pin Chang), The Impact of Stock Prices, Risks, and Business Cycle on Overconfidence , 5-thInternational Conference on Innovative Mobile and Internet Services in Ubiquitous Computing (IMIS 2016), Jul. 2016, Fukuoka Institute of Technology (FIT), Japan
2016.05 洪羽璇(Yu-Syuan Hong), 景氣、盈餘與流動性對股票價格持續性的影響效果/The effects of business cycle, earnings and liquidity on stock price(in Chinese) , 2016商管與資訊應用研討會, May. 2016, 台中逢甲大學
2015.03 技術指標與超額報酬關聯型, 台灣實證研究/The Relationship between Technical Indicator and Excess Return - Evidence from Taiwan - 2015財務金融與管理研討會, Mar. 2015, 南華大學
2014.05 股票價格、風險與景氣對過度自信的影響/The Impact of Stock Prices, Risks, and Business Cycle on Overconfidence(in Chinese) , 2014 中部財金學術聯盟研討會暨臺灣財務工程學會年會, May. 2014, 台中市金典酒店
2013.06 蔡永順(Yung-shun Tsai)、孟範雲, 盈餘宣告與資訊不對稱, 台灣實證研究/Earnings announcements and information asymmetric: an empirical study in Taiwan (in Chinese) - 2013財務金融學會學術研討會, Jun. 2013, 雲科大
2012.06 IPO股票報酬、流動性與風險之探討, 台灣實證研究/The effect of IPO under-pricing, shareholder structure on return, liquidity and risk: an empirical study in Taiwan(in Chinese) - 2012中區財金學術聯盟研討會, Jun. 2012, 南山人壽台中教育訓練中心
2011.06 蔡永順(Yung-shun Tsai)、林建志(Chien-Chih Lin)、陳曉瑩(Hsiao-Yin Chen), 銀行業是否存在最適風險分散/Dose it exist optimal diversification in banking , 2011第十四屆財金理論與實務研討會, Jun. 2011, 朝陽科技大學
2011.05 蔡永順(Yung-shun Tsai)、林建志(Chien-Chih Lin)、陳曉瑩(Hsiao-Yin Chen), 景氣循環與最適風險分散/Business cycle and optimal diversification , 2011臺灣財務金融學會年會暨財務金融學術論文研討會, May. 2011, 國立高雄第一科技大學圖書資訊館
2010.06 顏至駿(Zhi-Jun Yan), 機構投資人過度自信行為研究, 以台灣三大法人為例/An Empirical Study on the Overconfidence of Institutional Investors in Taiwan(in Chinese) - 2010當代管理論壇, Jun. 2010, 大葉大學
2010.05 蔡永順(Yung-shun Tsai)、劉文智(wen-Zhi Liu)、顏至駿(Zhi-Jun Yan), 機構投資人過度自信行為研究, 以台灣為例/An Empirical Study on the Overconfidence of Institutional Investors in Taiwan(in Chinese) - 2010台灣財務金融學會年會暨中部財金學術聯盟研討會, May. 2010, 暨南大學
2009.06 蔡永順(Yung-shun Tsai), 金融合併與風險傳染, 台灣實證研究/Financial Consolidation and Risk Contagion: An Empirical Study of Taiwan(in Chinese) - 2009臺灣財務金融年會暨學術研討會, Jun. 2009, 中央大學
2009.05 蔡永順(Yung-shun Tsai), 金融合併對風險傳染的影響, 台灣實證研究/Financial Consolidation and Risk Contagion: An Empirical Study of Taiwan(in Chinese) - 2009當代管理論壇學術研討會, May. 2009, 大葉大學
2008.04 蔡永順(Yung-shun Tsai)、吳榮振(Roung-Jen Wu), 東亞新興市場之股市與匯市的風險傳染, 東亞金融危機期間與非危機期間的驗證/The risk contagion between stock price and exchange rate in Asia emerging market: evidence based on Asian crisis and noncrisis periods(in Chinese) - 2008現代財務論壇學術研討會, Apr. 2008, 長榮桂冠
2006.06 蔡永順(Yung-shun Tsai)、吳榮振(Roung-Jen Wu), 銀行間市場的系統性風險之傳染效果, 台灣實證研究/Financial contagion among banks: an empirical study in Taiwan - 2006台灣財務金融學會年會暨財務金融保險不動產學術研討會, Jun. 2006, 金融研訓院
Project Title Participator Period
散戶、法人資訊不對稱與公司異常報酬關聯性 (10820031) 蔡永順(Yung-shun Tsai) 2019.08 ~ 2020.02
流動性與盈餘對股票價格持續性的影響效果/The effect of liquidity and earnings on stock price insistence (104-2815-C-468-034-H) 2015.07 ~ 2016.02
104「證券投資與權證避險操作實務-財金資訊系統之應用」學程/2015 The practice of security investment and hedge of warrant-financial information system (104MF00) 蔡永順(Yung-shun Tsai) 2015.07 ~ 2016.08
保險客戶服務精進計畫/improvement the service of insurance consumer (I104ME040) 2015.02 ~ 2015.07
風險與過度自信-散戶投資人分析/risk and overconfidence-an analysis of individual investors (103-2815-C-468-032-H) 2014.07 ~ 2015.02
IPO短期折價、長期績效與資訊不對稱: 台灣實證研究/IPO under-pricing, performance and information asymmetric (102-asia-30) 蔡永順(Yung-shun Tsai) 2014.02 ~ 2015.01
競爭、互補對風險傳染的影響/the of competition and complement on risk contagion (101-asia-10) 蔡永順(Yung-shun Tsai) 2013.02 ~ 2014.01
個體經濟學理論與實務/microeconomic theory and practice (20130305151302) 蔡永順(Yung-shun Tsai) 2012.11 ~ 2013.07
處分效果、過度自信與景氣循環的關係/proposition effect, overconfidence and business cycle (101-2815-C-468-024-H) 蔡永順(Yung-shun Tsai) 2012.07 ~ 2013.02
金融風險管理-財金軟體運用/Financial risk management-software application (20130305150908) 蔡永順(Yung-shun Tsai) 2011.11 ~ 2013.07
Award Name
金融合併-宏遠證券個案分析/financial consolidation of security company-case study
個體經濟學理論與實務/microeconomic theory and practice
金融風險管理-財金軟體運用/financial risk management-financial software application
Year Research Title Authors
103 基本面、籌碼面與總體面對股票報酬影響/The Impact of Fundamental, Institutional Investors and Macroeconomics on Stock Returns 陳彬洲
103 股利政策與買回庫藏股對公司績效的影響/The Impact of Stock Dividends and Repurchases on Performance 石瑞珠
103 金融危機、處分效果與反應不足之關聯性 -台灣實證研究/The Relationship between Financial Crisis、Disposition Effect and Underreaction -An Empirical Study of Taiwan 徐秋甄
103 除權除息與處分效果-台灣實證研究/Ex-dividend and Disposition Effect -An Empirical Study of Taiwan 吳淑貞
103 技術指標與超額報酬關聯性-臺灣實證研究/The relationship between technical indicators and excess returns- Evidence from Taiwan 黃柏雄
103 從眾之後價格持續或反轉-台灣實證研究/Stock Price Persistence or Reverse after Investor’s Herding Behavior: A Taiwan Empirical Study 魏士豪
103 運用基因演算法挑選最佳分析指標及最適投資組合-以金融海嘯前後為例/Genetic simulation on stock analysis index for optimal portfolio 李俞青
103 金融危機前後黃金交叉與死亡交叉 出現頻率對股票報酬的影響/The Stock Return Influented by Golden Cross and Death Cross Before and After the Financial Crisis 戴藍
103 IPO股權結構與盈餘對長短期風險的影響/The impact of shareholder structure and earnings on IPO risk 洪子婷
103 金融危機前後匯率對股票報酬及風險之影響/The Stock Return and Risk Influenced by Foreign Exchange RatesPre- and Post- Financial Crisis 李珮禔
102 散戶在金融危機的處分效果-台灣實證研究/The proposition effect of individual investors during crisis: an empirical study in Taiwan 王薇婷
102 台灣股票型基金橫斷面差異之探討/The Study of The Cross-Sectional Differences of Taiwan’s Equity Funds 李慧美
101 景氣及持股對基金績效之影響/The Impact of business cycle and holding stock on mutual fund 蔡緯蒨
101 股票價格、風險與景氣對過度自信的影響/The Effect of Stock Prices, Risks, and Business Cycle on Overconfidence 劉玉珍
100 法人、散戶對盈餘波動是否存在過度反應—臺灣實證研究/Does It Exist Overreaction to Earning Announcement of Institutional and Individual Investors - An Empirical Study in Taiwan 金秉勳
100 企業風險結構對購併績效的影響-台灣實證/The Impact Enterprise risk structure on Merger and Acquisition Performance - Evidence from Taiwan 何美貞
100 盈餘宣告前後交易量變化對報酬的影響/The Impact of Changes in Trading Volume on Returns Before and After Earnings Announcements 孟範雲
100 盈餘、股權結構和公司績效關聯性/The Relationship among Earnings, Ownership Stucture and Corporate Performance 黃慧貞
099 折價與股權結構對IPO股票報酬、流動性與風險的影響-台灣實證研究-The Impact of Underpricing, Ownership Structure on IPO Stock Return, Liquidity and Risk: An Empirical Study in Taiwan 翁竹政
099 金融危機與產業之間的傳染-台灣實證研究/Financial Crises and Inter-industry Contagion – an Empirical Study of Taiwan 王慧娟
099 台灣股票型基金的風險分散與傳染/Diversification and Contagion of Taiwan Equity Fund 林慧珍
097 台灣銀行放款績效評估 - 風險值的考量/The Loan Performance of Banking in Taiwan: Measure in VaR 顏至駿
097 機構投資人過度自信行為研究-以台灣為例/Study on Overconfident Behavior of Institution Investors: The Case of Taiwan 劉文智
Year Project name Advising professor Department Student name
108 散戶、法人資訊不對稱與公司異常報酬關聯性 蔡永順 財務金融學系 張瑜君
104 洪羽璇-流動性與盈餘對股票價格持續性的影響效果/The effects of business cycle, earnings and liquidity on stock price(in Chinese) 蔡永順 財金系 洪羽璇
103 風險與過度自信-散戶投資人分析/Risk and overconfidence: an analysis of individual investors 蔡永順 財務金融學系 陳彥宸