时 间：2017年6月19日（周一）上午10：30-12：00
地 点：体育外围平台APP紫金港校区行政楼702会议室
主讲人：张飞达博士，Murdoch University in Perth, Australia
主持人：陈俊副教授，体育外围平台APP
题 目：Language and Corporate Saving Behavior
摘 要：
Speakers of strong future time reference (FTR) languages (e.g., English) are required to grammaticallydistinguish between future and present events, while speakers of weak-FTR languages(e.g., Chinese) are not. We hypothesize that speaking about the future in the present tense mayresult in beliefs that adverse credit events as more imminent. Consistent with such a linguistichypothesis, weak-FTR language firms are found to have higher precautionary cash holdings. Wereport additional supportive results from changes of the relative importance of different languagesin a country's business domain, evidence from within one country with several distinct languages,and results related to changes following a severe financial crisis. Our evidence introduces a new explanationfor heterogeneity in corporate savings behavior, provides insights about belief formationin firms, and adds to research on the effects of languages on economic outcomes.
主讲人简介：
Professor Zhang is Senior Lecturer of Accounting at Murdoch University in Perth, Australia. He holds a Ph.D. in Accounting from Hong Kong Baptist University and an M.Phil in Accounting from Xiamen University. Dr Zhang has been involved in research on financial accounting information, corporate disclosure, corporate finance, corporate governance, and capital markets. His research leads to more than twenty papers published in refereed international and Chinese journals, such as European Accounting Review, Journal of Business Ethics, and so on, and many presentations at conferences in the U.S., Asia and Australia. In addition, he has gotten research grants from National Natural Science Foundation of China, Accounting and Finance Association of Australia and New Zealand, Natural Science Foundation of Guangdong, and so on. Dr Zhang won best paper award from AAA annual conference and AFAANZ annual conference.
