Keynote Speaker I
Prof. Cheol Park
School of Business Administration Korea University, South Korea
Cheol Park (Ph.D. in Business Administration) is a Professor at Korea University, South Korea. He received his B.A. in Economics, M.B.A. and Ph.D. from Seoul National University. He worked for Samsung as assistant manager of global marketing before joining academic area. He has been a visiting scholar at Vanderbilt University, University of Hawaii, and Mongolia International University. His research interests include marketing in digital environment and sustainable management with creating social value. He has published papers in influential journals such as International Marketing Review, Journal of Business Research, Industrial Marketing Management, and Journal of Interactive Marketing.
Keynote Speech Title: Competency of Mobile Information and Quality of Life in Korea, China, and US
Abstract: Due to the spread of smart phones, mankind has been able to access and use a variety of mobile information anywhere, anytime. Mobile competency, the capability of accessing and using mobile information is affect the quality of the individual's life. In this study, 1,290 South Korean, Chinese, and American responded on mobile competency and quality of life. As a result, Korean had highest score in mobile information accessibility, but American in mobile information utilization. Korea showed lowest rating in improvement of quality of life due to mobile competency. The result shows that Korean do not properly utilized mobile information for higher quality of life although they use longest time of mobile internet. Also, consumer innovativeness had the greatest influence on the utilization of mobile information among individual variables.
Prof. Hong-Ghi Min
Korea Advanced Institute of Science and Technology (KAIST), South Korea
Dr. Hong-Ghi Min, (Ph.D. in Economics), now is a Professor of Economics at the Management Science Department in KAIST (Korea Advanced Institute of Science and Technology), Expert of KECG (Korea Experts Consulting Group), Board of Directors of Korea International Economic Association, Member of Editorial Board for Journal of Financial Risk Management. He got his BSc in Economics at Seoul National University and Economics Doctoral degree at Binghamton University (SUNY). He was an Economist and a Consultant of Policy Research Department (Finance) at The World Bank (Washington D.C.) from 1997 to 1999, Research Director at Global Project Investment from 1999 to 2001 and a Consultant in Policy Research Department (Poverty) at The World Bank (Washington D.C.) during 2001~2002. Currently, Dr Min’s research focuses on international financial markets and emerging Asian economies.
Keynote Speech Title: US Financial Crisis and Information Asymmetry in the Korean Stock Market
Abstract: This study examines information asymmetry in Korean stock market by comparing the information quality of domestic institutes, individual investors, and foreign investors using the daily and monthly data from 2006 to 2013. We propose the agreement ratios (AGR) as measures of information in stock market. First, we find that the estimated AGRs of foreign investors are greatest among three investor groups while that of individual investors are smallest. Second, we test the information quality of different investors and we find that information quality of domestic institute investors and foreign investors are good, i.e., their information deliver significant positive profits while that of domestic individual investors deliver losses. We also demonstrate that the information quality of foreign investors has improved since the US financial crisis and this is more prominent when we denominate the profit in US dollars. In conclusion, the information quality of domestic individual investors is worse than that of other investors, and this indicates the existence of information asymmetry in Korean stock market and this low information quality of individual investors could result from the heterogeneity in individual investors. At the same time, we believe the improvement of information quality for foreign investors after the US financial crisis comes from their easy access to global information.
Assoc. Prof. Eric C.K. Cheng
The Education University of Kong Kong, Hong Kong
Dr. Eric Cheng is a specialist in knowledge
management, educational management and Lesson Study. He is
currently associate professor of the Department of Curriculum
and Instruction of the Education University of Hong Kong. Eric
earned his Doctor of Education in education management from the
University of Leicester. He has been publishing locally and
internationally, with over 50 articles in various media covering
the areas of knowledge management, school management and Lesson
Study. He is the author of an academic book entitled Knowledge
Management for School Education published in 2015 by Springer.
Eric has been successful in launching more than 10 research and
development projects with external and competitive funds in the
capacity of Principal Investigator (PI). He received the
Knowledge Transfer Project Award from EDUHK in 2014-15,
Scholarship of Teaching Award in 2013-14 and Knowledge Transfer
publication Awards in 2012-13 form Faculty of Human Development