Publications

1. Lin, Arthur J, Chang, Hai-Yen*, Hung, Brian (2022). Identifying Key Financial, Environmental, Social, Governance (ESG), Bond, and COVID-19 Factors Affecting Global Shipping Companies – A Hybrid Multiple-Criteria Decision-Making Method. Sustainability, 14, 5148.
2. Hsueh-Li Huang, Lien-Wen Liang, Hai-Yen Chang*, Hsiu-Yuan Hsu (2021). The Influence of Earnings Management and Board Characteristics on Company Efficiency. Sustainability, 13, 11617.
3. Chang, Hai-Yen, Liang, Lien-Wen*, Liu, Yu-Luan (2021). Using Environmental, Social, Governance (ESG) and Financial Indicators to Measure Bank Cost Efficiency in Asia. Sustainability, 13, 11139.
4. Lin, Arthur, Chang, Hai-Yen, Sun-Weng Huang*, Gwo-Hshiung Tzeng (2021). Improving Service Quality of Wealth Management Bank for High-Net-Worth Customers during COVID-19: a fuzzy-DEMATEL Approach. International Journal of Fuzzy Systems.
5. Lin, Arthur, Chang, Hai-Yen*, Sun-Weng Huang, Gwo-Hshiung Tzeng (2021). Criteria affecting Taiwan wealth management banks in serving high-net-worth individuals during COVID-19: a DEMATEL approach. Journal of Financial Services Marketing.
6. Lin, Arthur, Chang, Hai-Yen*, (2020). Volatility Transmission from Equity, Bulk Shipping, and Commodity Markets to Oil ETF and Energy Fund-A GARCH-MIDAS model. Mathematics, 8(9),
7. Yu, Hui-Fun, Lin, Tsui-Jung, Chang, Hai-Yen*, Wang, Yu-Huai, (2020). The Impact of Political Connection and Information Asymmetry on Investment Efficiency: Evidence from China. Sustainability, 12(14), 1-15.  
8. Chang, Hai-Yen, Wang, Yi-Hsien, Shih, Kuang-Hsun, Chien, Li-Ju (2020). An Analysis on Market Reaction to Mobile Payment Adoption: Comparison between Financial and Non-financial Industry. International Journal of Mobile Communication, 18 (1)
9. Chang, Hai-Yen*, Ma, Vincent C., Liu, John S., Lin, Ching Wen (2020). Examining Academic Landscape of Mobile Banking – The Lens from Main Paths. International Journal of Mobile Communication, 18 (2) doi: 10.1504/IJMC.2020.105858
10. Lin, Arthur, Chang, Hai-Yen*, Hsiao, Jung Lieh (2019). Does the Baltic Dry Index drive volatility spillovers in the commodities, currency, or stock market? Transportation Research Part E: Logistics and Transportation Review, 127, 265-283. doi.org/10.1016/j.tre.2019.05.013.
11. Lin, Arthur, Chang, Hai-Yen* (2019). Business Sustainability Performance Evaluation for Taiwanese Banks – A Hybrid Multiple-Criteria Decision-Making Approach, Sustainability, 11(8), 2236. doi.org/10.3390/su11082236.
12. Liang, Lien-Wen, Chang, Hai-Yen*, Wang, Sih-Han (2019). Central Bank Independence and Supervision Structure on Bank Efficiency – Evidence from Asian Banks. The Empirical Economics Letters, 18(2).
13. Chang, Hai-Yen, Liang, Li-Heng, Yu, Hui-Fun (2019). Market Power, Competition and Earnings Management – Accrued-based Activities. Journal of Financial Economic Policy, 11(3). doi: org/10.1108/JFEP-08-2018-0108.
14. Liang, Lien-wen, Chang, Hai-Yen, Liu, Jun-Han (2019). Does Corporate Social Responsibility Improve the Efficiency of Banks in Taiwan? Journal of Applied Economics.
15. Liang, Lien-Wen, Chang, Hai-Yen, Shao, Hao-Ling (2018). Does Sustainability Make Banks More Cost Efficient? Global Finance Journal, 38, 13-23. https://doi.org/10.1016/j.gfj.2018.04.005.
16. Tsui-Jung Lin, Hai Yen Chang, Hui-Fan Yu, Ching-Pao Kao (2019). The Impact of Political Connections and Business Groups on Cash Holdings: Evidence from Chinese Listed Firms. Global Finance Journal. https://doi.org/10.1016/j.gfj.2018.10.001.
17. Lou, Tienwen, Chang, Haiyen, Lui, Wuchang (2018). Wealth Effect or Credit-Price Effect under Economic Transition in Eastern European Countries: New Evidence from the Quantile Causality Test. The Empirical Economics Letters, 17(2), 275-285.
18. Chang, H. Y., Yang, F. J., Wang, Y. H., & Lien, Y. C. (2017). Information Effects from Hostile Takeovers?. International Journal of Information and Management Sciences, 28(4), 353-365. doi： 10.6186/IJIMS.2017.28.4.4
19. Liang, Li-Heng, Yu, Hui-Fun, Chang, Hai-Yen, Xu, Yi-Rui (2017). Financial Early-warning Model and Financial Decision on Tourism Firms. International Journal of Business and Strategy, 18(2), 1-26.
20. Chang, Hai-Yen, Wang, Yung-Chang (2017). The Effect of Interest Rate Spreads on Economic Activity: Evidence from the United States. The Empirical Economics Letters, 16(2). (ABDC)
21. Chang, Hai-Yen (2015). An International Merger & Acquisition Case Study-Marvell Acquires RDA Strategy and Valuation. Journal of Accounting, Finance & Management Strategy. 10(2), 55-76.
22. Chang, I. H. (2015). Increasing International Student Enrollment – A Case Study. International Journal of Performance Measurement, 5(2), 23-44.