Details about Leon Li

Access statistics for papers by Leon Li.

Last updated 2023-06-08. Update your information in the RePEc Author Service.

Short-id: pli552

Working Papers

2019

1. Effects of Earnings Management Strategy on Earnings Predictability: A Quantile Regression Approach Based on Opportunistic Versus Efficient Earnings Management
   Working Papers in Economics, University of Canterbury, Department of Economics and Finance

2017

2. Is there a Trade-Off between Accrual-Based and Real Earnings Management? Evidence from Equity Compensation and Market Pricing
   Working Papers in Economics, University of Waikato View citations (1)
   See also Journal Article Is there a trade-off between accrual-based and real earnings management? Evidence from equity compensation and market pricing, Finance Research Letters, Elsevier (2019) View citations (12) (2019)
3. Prospect Theory and Earnings Manipulation: Examination of the Non-Uniform Relationship between Earnings Manipulation and Stock Returns Using Quantile Regression
   Working Papers in Economics, University of Waikato

Journal Articles

2023

1. Are cryptocurrencies a safe haven for stock investors? A regime-switching approach
   Journal of Empirical Finance, 2023, 70, (C), 367-385 View citations (7)

2022

2. Behavioral Heterogeneity in the Stock Market Revisited: What Factors Drive Investors as Fundamentalists or Chartists?
   Journal of Behavioral Finance, 2022, 23, (1), 73-91 View citations (2)
3. The co-integration of CDS and bonds in time-varying volatility dynamics: do credit risk swaps lower bond risks?
   Studies in Nonlinear Dynamics & Econometrics, 2022, 26, (3), 475-497
4. The dynamic interrelations of oil-equity implied volatility indexes under low and high volatility-of-volatility risk
   Energy Economics, 2022, 105, (C) View citations (16)

2021

5. Earnings management and earnings predictability: A quantile regression approach
   Australian Journal of Management, 2021, 46, (3), 389-408
6. Heterogeneity in capital structure adjustment revisited: Default versus non-default firms and short versus long time horizon
   International Review of Economics & Finance, 2021, 76, (C), 185-204 View citations (2)
7. The relationship between political instability and financial inclusion: Evidence from Middle East and North Africa
   International Journal of Finance & Economics, 2021, 26, (1), 353-374 View citations (5)

2020

8. Financial versus Non-Financial Information for Default Prediction: Evidence from Sri Lanka and the USA
   Emerging Markets Finance and Trade, 2020, 56, (3), 673-692 View citations (2)

2019

9. Corporate governance and default prediction: a reality test
   Applied Economics, 2019, 51, (24), 2669-2686 View citations (29)
10. Is there a trade-off between accrual-based and real earnings management? Evidence from equity compensation and market pricing
    Finance Research Letters, 2019, 28, (C), 191-197 View citations (12)
    See also Working Paper Is there a Trade-Off between Accrual-Based and Real Earnings Management? Evidence from Equity Compensation and Market Pricing, Working Papers in Economics (2017) View citations (1) (2017)
11. Predicting corporate bankruptcy: What matters?
    International Review of Economics & Finance, 2019, 62, (C), 1-19 View citations (15)

2018

12. The domino effect of credit defaults: test of asymmetric default correlations using realised default data
    Applied Economics, 2018, 50, (44), 4803-4813 View citations (1)

2017

13. CEO equity compensation and earnings management: The role of growth opportunities
    Finance Research Letters, 2017, 20, (C), 289-295 View citations (11)
14. Dynamic correlations and domestic-global diversification
    Research in International Business and Finance, 2017, 39, (PA), 280-290 View citations (1)
15. Long memory volatility in Asian stock markets
    Pacific Accounting Review, 2017, 29, (3), 423-442
16. Testing and comparing the performance of dynamic variance and correlation models in value-at-risk estimation
    The North American Journal of Economics and Finance, 2017, 40, (C), 116-135

2016

17. Analysts' forecast dispersion and stock returns: a panel threshold regression analysis based on conditional limited market participation hypothesis
    Finance Research Letters, 2016, 18, (C), 100-107 View citations (5)
18. The Idiosyncratic Risk-Return Relation: A Quantile Regression Approach Based on the Prospect Theory
    Journal of Behavioral Finance, 2016, 17, (2), 124-143 View citations (1)
19. The asymmetric relationship between executive earnings management and compensation: a panel threshold regression approach
    Applied Economics, 2016, 48, (57), 5525-5545 View citations (2)

2014

20. Analysts’ Forecast Dispersion and Stock Returns: A Quantile Regression Approach
    Journal of Behavioral Finance, 2014, 15, (3), 175-183 View citations (9)

2011

21. COULD DYNAMIC BETA MEASURES ENHANCE PERFORMANCE OF CAPITAL‐ASSET‐PRICING MODEL ON FITTING STOCK RETURNS? A REALITY TEST
    Manchester School, 2011, 79, (3), 349-366
22. Do large firms overly use stock-based incentive compensation?
    Journal of Applied Statistics, 2011, 38, (8), 1591-1606 View citations (1)
23. Effects of Firm Size, Financial Leverage and R&D Expenditures on Firm Earnings: An Analysis Using Quantile Regression Approach
    Abacus, 2011, 47, (2), 182-204 View citations (8)
24. Re-examining covariance risk dynamics in international stock markets using quantile regression analysis
    Acta Oeconomica, 2011, 61, (1), 33-59

2010

25. Are large banks less risky?
    The Service Industries Journal, 2010, 31, (13), 2111-2116
26. Dynamic hedge ratio for stock index futures: application of threshold VECM
    Applied Economics, 2010, 42, (11), 1403-1417 View citations (4)
27. Examining the interrelation dynamics between option and stock markets using the Markov-switching vector error correction model
    Journal of Applied Statistics, 2010, 37, (7), 1173-1191 View citations (1)
28. Price transmission, foreign exchange rate risks and global diversification of ADRs
    Applied Economics, 2010, 42, (14), 1811-1823 View citations (2)
29. Pricing and Allocation Mechanisms in Underpricing of Chinese IPOs
    Chinese Economy, 2010, 43, (1), 93-108 View citations (4)

2009

30. CHANGE IN VOLATILITY REGIMES AND DIVERSIFICATION IN EMERGING STOCK MARKETS
    South African Journal of Economics, 2009, 77, (1), 59-80 View citations (4)
31. Multiple asymmetries in index stock returns from boom/bust and stable/volatile markets states- an empirical study of US and UK stock markets
    Applied Economics Letters, 2009, 16, (2), 183-191 View citations (2)
32. Nonlinear interrelations between ADRs and their underlying stocks revisited: application of threshold VECM
    Applied Economics Letters, 2009, 16, (18), 1867-1873
33. Reexamining asymmetric effects of monetary and government spending policies on economic growth using quantile regression
    Journal of Developing Areas, 2009, 43, (1), 137-154 View citations (1)
34. The dynamics of the relationship between spot and futures markets under high and low variance regimes
    Applied Stochastic Models in Business and Industry, 2009, 25, (6), 696-718 View citations (8)
35. Value or volume strategy?
    Finance Research Letters, 2009, 6, (4), 210-218 View citations (4)

2008

36. Hybrid versus highbred: combined economic models with time-series analyses
    Quantitative Finance, 2008, 8, (6), 637-647 View citations (3)
37. Re-examining the risk--return relationship in banks using quantile regression
    The Service Industries Journal, 2008, 30, (11), 1871-1881
38. Would various benchmark measurements affect abnormal return performances of IPO? Evidence from Taiwan's IPO market
    International Journal of Business Performance Management, 2008, 10, (1), 30-38

2007

39. Determinants and Impacts of the Relative Use of Depository Receipts and Euro Convertible Bonds by High-tech Corporations: An Empirical Study
    Economics Bulletin, 2007, 3, (10), 1-13
40. Market Conditions and Abnormal Returns of IPO-An Empirical Study of Taiwan's High-Tech Companies
    Journal of Chinese Economic and Business Studies, 2007, 5, (1), 51-64
41. Purchasing power parity under high and low volatility regimes
    Applied Economics Letters, 2007, 14, (8), 581-589 View citations (6)
42. Volatility states and international diversification of international stock markets
    Applied Economics, 2007, 39, (14), 1867-1876 View citations (17)

2005

43. The performance of the Markov-switching model on business cycle identification revisited
    Applied Economics Letters, 2005, 12, (8), 513-520 View citations (6)

2004

44. Estimating value-at-risk via Markov switching ARCH models - an empirical study on stock index returns
    Applied Economics Letters, 2004, 11, (11), 679-691 View citations (24)

2003

45. Examining the Volatility of Taiwan Stock Index Returns Via a Three-Volatility-Regime Markov-Switching ARCH Model
    Review of Quantitative Finance and Accounting, 2003, 21, (2), 123-39 View citations (9)

2001

46. Predictors of low back pain onset in a prospective British study
    American Journal of Public Health, 2001, 91, (10), 1671-1678 View citations (4)