Full-Time Faculty
Associate Professor Chaiyuth Padungsaksawasdi, Ph.D.
Position :

Associate Professor of Finance, Thammasat Business School, Thammasat University

Contact :
E-Mail : chaiyuth@tbs.tu.ac.th
Education :

Ph.D. (Finance), 2012, Florida International University
M.S. (Finance), 2006, Florida International University
B.B.A. (Finance), 2001, Thammasat University

Working papers/ Publication :

A panel analysis of corporate governance spillovers among the G7, BRICS, and GIIPS countries (2022)
J Wongkantarakorn, C Padungsaksawasdi, T Suwannoi, T Jantarakolica
Cogent Business & Management 9 (1), 2044432

The effect of short selling on volatility and jumps (2022)
GKF Ho, S Treepongkaruna, M Wee, C Padungsaksawasdi
Australian Journal of Management 47 (1), 34-52

Unintentional Herd Behavior via the Google Search Volume Index in International Equity Markets (2022)
P Wanidwaranan, C Padungsaksawasdi
Journal of International Financial Markets, Institutions and Money, 101503

LGBT-supportive corporate policies, risk aversion and mitigation and economic policy uncertainty (2022)
C Padungsaksawasdi, S Treepongkaruna, P Jiraporn
Review of Behavioral Finance

Stock price crash risk: the role of systematic skewness (2022)
W Wattanatorn, C Padungsaksawasdi
International Journal of Monetary Economics and Finance 15 (1), 78-93

Does board gender diversity improve the welfare of lesbian, gay, bisexual, and transgender employees? (2022)
K Kyaw, S Treepongkaruna, P Jiraporn, C Padungsaksawasdi
Corporate Social Responsibility and Environmental Management 29 (1), 200-210

Does board independence influence asset redeployability? Evidence from a quasi-natural experiment (2021)
C Padungsaksawasdi, S Treepongkaruna, P Jiraporn, A Uyar
Corporate Governance: The International Journal of Business in Society

The board effectiveness index and stock price crash risk (2021)
W Wattanatorn, C Padungsaksawasdi
Managerial Finance

Do short sellers exacerbate volatility? (2021)
GKF Ho, S Treepongkaruna, C Padungsaksawasdi
Managerial Finance

Cokurtosis and the Ability of Mutual Fund Managers (2021)
W Wattanatorn, C Padungsaksawasdi
Finance Research Letters 40, 101777

Global equity market leadership positions through implied volatility measures (2021)
AM Parhizgari, C Padungsaksawasdi
Journal of Empirical Finance 61, 180-205
 
Integration in Futures Markets (2020)
A Jaroenjitrkam, C Padungsaksawasdi, S Maneenop
Thailand and The World Economy 38 (3), 61-74
 
Impacts of Corporate Governance on Stock Liquidity: A Panel Quantile Regression (2020)
J Wongkantarakorn, C Padungsaksawasdi, T Jantarakolica
Thailand and The World Economy 38 (3), 24-39
 
Coskewness timing ability in the mutual fund industry (2020)
W Wattanatorn, C Padungsaksawasdi
Research in International Business and Finance 53, 101224
 
Cokurtosis and the Ability of Mutual Fund Managers (2020)
W Wattanatorn, C Padungsaksawasdi
Finance Research Letters, 101777
 
The effect of return jumps on herd behavior (2020)
P Wanidwaranan, C Padungsaksawasdi
Journal of Behavioral and Experimental Finance 27, 100375
 
Return and Volatility Spillovers between Stock and Futures Markets in Thailand (2020)
P Sukhonpitumart, A Jaroenjitrkam, S Maneenop, C Padungsaksawasdi
Academy of Accounting and Financial Studies Journal 24 (2), 1-14
 
Herd behavior and firm-specific information (2020)
C Padungsaksawasdi
Cogent Economics & Finance 8 (1), 1844399
 
The V-Shaped Disposition Effect in the Stock Exchange of Thailand (2020)
K WAIYASARA, C PADUNGSAKSAWASDI
The Journal of Asian Finance, Economics, and Business 7 (11), 55-65
 
Mutual fund liquidity timing ability in the higher moment framework (2020)
W Wattanatorn, C Padungsaksawasdi, P Chunhachinda, S Nathaphan
Research in International Business and Finance 51, 101105
 
On the dynamic relationship between gold investor sentiment index and stock market (2019)
C Padungsaksawasdi
International Journal of Managerial Finance
 
Do US investors worry about fear in international equity markets? Empirical evidence on dynamic panel data (2019)
M Cheuathonghua, C Padungsaksawasdi
International Journal of Finance & Economics 24 (3), 1390-1403
 
Investor attention and stock market activities: New evidence from panel data (2019)
C Padungsaksawasdi, S Treepongkaruna, R Brooks
International Journal of Financial Studies 7 (2), 30
 
Extreme spillovers of VIX fear index to international equity markets (2019)
M Cheuathonghua, C Padungsaksawasdi, P Boonchoo, J Tongurai
Financial Markets and Portfolio Management 33 (1), 1-38
 
Uncovered Interest Rate Parity, Carry Trade, and Country Equity Return Differentials (2018)
T Kanchanapoom, C Padungsaksawasdi, P Chunhachinda, ME de Boyrie
Global Economy Journal 18 (3)
 
Multifactor asset pricing model incorporating coskewness and cokurtosis: the evidence from Asian mutual funds (2018)
N Naktnasukanjn, P Chunhachinda, C Padungsaksawasdi
International Journal of Economics and Business Research 16 (3), 308-325
 
Volume weighted volatility: empirical evidence for a new realised volatility measure (2018)
C Padungsaksawasdi, RT Daigler
International Journal of Banking, Accounting and Finance 9 (1), 61-87
 
Major Currency ETFs and Their Associated Spot and Futures Rates (2017)
C Padungsaksawasdi, A Parhizgari
Review of Pacific Basin Financial Markets and Policies 20 (04), 1750026
 
Stock market reaction to money supply: a dynamic approach (2017) 
C Padungsaksawasdi, A Jaroenjitrkam
วารสาร บริหารธุรกิจ ศรีนครินทรวิโรฒ 8 (1), 39-50
 
Market's Responses to Deferred Taxes: Evidence from Early Adoption and Effective Periods (2017)
P Chotikasilp, P Trongmateerut, C Padungsaksawasdi, C Tangruenrat
The International Journal of Finance 29 (1), 5034-5055
 
Asymmetric Investor Sentiment Spillovers in International Equity Markets (2016)
P Boonchoo, C Padungsaksawasdi
 
Attention effect via internet search intensity in Asia-Pacific stock markets (2016)
P Tantaopas, C Padungsaksawasdi, S Treepongkaruna
Pacific-Basin Finance Journal 38, 107-124
 
Noise Trading Behavior in Thai Futures Market (2016)
C Lertweeranontharat, A Jaroenjitrkam, C Padungsaksawasdi
Nida Business Journal 18, 94-110
 
Dynamic Conditional Correlation between the Real Estate and the Stock Markets in Thailand (2016)
A Jaroenjitrkam, C Padungsaksawasdi
Chulalongkorn Business Review 38 (3), 38-57
 
Herd Behavior in the Stock Exchanges in Thailand (2015)
C Padungsaksawasdi, I Pooissarakit
Chulalongkorn Business Review 144 (2), 51-80
 
Bank-related Asset Management Firm and Risk Taking in Mutual Fund Tournament: Evidence from ASEAN Economic Community (2015)
W Wattanatorn, S Nathaphan, C Padungsaksawasdi
Journal of Applied Economic Sciences 10 (2 (Spring)), 279-292
 
An Empirical Investigation of Mutual Fund Performance in Different Economic Cycles under Alternative Fund Objectives (2015)
G Fernandez, C Padungsaksawasdi, TE Pactwa
The International Journal of Finance 27 (1), 15-81
 
Testing the Behavioral Approach of the Return-Implied Volatility Relation: The 2008 Financial Crisis Versus Normal Markets (2014)
C Padungsaksawasdi, RT Daigler
Review of Futures Markets 21 (4), 479-509
 
The return‐implied volatility relation for commodity ETFs (2014)
C Padungsaksawasdi, RT Daigler
Journal of Futures Markets 34 (3), 261-281
 
Attention Effect Via Internet Search Intensity in Asia-Oceania Stock Markets (2014) 
MRP tantaopas​, C Padungsaksawasdi
Thammasat University
 
Foreign Ownership and Stock Return Volatility: Evidence from Thailand (2013)
H Aimpichaimongkol, C Padungsaksawasdi
International Review of Business Research Papers 9 (5), 96-121
 
The US Financial Crisis and the Behavior of the Foreign Exchange Market (2012)
C Padungsaksawasdi
 
Bankruptcy Prediction of Real Estate Firms in Thailand (2011)
S Treewichayapong, P Chunhachinda, C Padungsaksawasdi
The International Journal of Finance 23 (1), 6672-6691
 
Research in International Business and Finance
W Wattanatorn, C Padungsaksawasdi, P Chunhachinda, S Nathaphan
 
Paper Number: Paper Number: P1077
W Wattanatorn, C Padungsaksawasdi, S Nathaphan
 
An Analysis of Credit Default Swaps: 2002-2009 Period
AM Parhizgari, C Padungsaksawasdi
Research Interest :

International Finance, Behavioral Finance, VIX, Trading Issues, Investor Behavior