Co-Hosts:
Asia-Pacific Financial Markets Research Center;
and APEC Study Center of University of Hawaii
International University of Japan
Korea Securities Research Institute
Pacific-Basin Finance Journal

Welcome Remarks:
David McClain, Dean and the First Hawaiian Bank Distinguished Professor of Leadership and Management, 
College of Business Administration, University of Hawaii

Session Chair:
Akiyoshi Horiuchi, University of Tokyo


"A Review of Japan’s Bank Crisis from the Governance Perspective"
Masaharu Hanazaki, Hitotsubashi University
Akiyoshi Horiuchi, University of Tokyo

Discussant: Richard Pettway, University of Missouri


"Corporate Governance and Firm Value in Japan: Evidence from 1985 to 1998"
Takato Hiraki, International University of Japan
Hideaki Inoue, International University of Japan
Akitoshi Ito, International University
Fumiaki Kuroki, International University
Hiroyuki Masuda, Interantional University

Discussant: Jun-Koo Kang, Michigan State University


"The Impact of Interbank and Capital Market Competition on Relationship Banking:
Evidence from the Japanese Experience"
Donald R. Fraser, Texas A&M University
S. Ghon Rhee, University of Hawaii
G. Hwan Shin, University of Texas at Tyler

Discussant: Masaharu Hanazaki, Hitotsubashi University

APEC/University of Hawaii Special Session on Corporate Governance (II)
D2-S3-T7 (15:00-16:30)

Session Chair:
Rosita P. Chang, University of Hawaii


"Shareholder Activism in Korea: An Analysis of the Effects of PSPD's Activities"
Sung Hoon Cho, Korea Securities Research Institute
Woon-Youl Choi, Korea Securities Research Institute

Discussant: Kenneth A. Kim, University of Wisconsin - Milwaukee


"Do Politicians Jeopardize Professionalism? Decentralization and the Structure of 
Chinese Corporate Boards"
Dong-Hua Chen, Shanghai University of Finance and Economics
Joseph Fan, Hong Kong University of Science & Technology
T.J. Wong, Hong Kong University of Science & Technology

Discussant: Katsuyuki Kubo, Hitotsubashi University


"Ownership Structure: Thai Firms after the Financial Crisis"
Anya Khanthavit, Thammasat University
Piruna Polsiri, Thammasat University
Yupana Wiwattanakantang, Hitotsubashi University

Discussant: Kiyoshi Kato, University of Tsukuba