Professional Experience

Internal / Academic Experience (Southern Taiwan University of Science and Technology)

• Associate Chair, Department of Business Administration

• Department Chair, Department of Accounting Information

• Professor / Associate Professor / Assistant Professor, Department of Accounting Information

External Experience & Professional Services

• Director, Board of Directors, CPC Corporation, Taiwan

• Supervisor, CPC Corporation, Taiwan

• Committee Member, Sustainable Development Promotion Committee, CPC Corporation, Taiwan

• Committee Member, Medical Affairs Review Committee, Tainan City Government

• Second-Round Reviewer, Fubon Life Management Master & Ph.D. Thesis Awards

• Project Reviewer, Special Research Projects, National Science and Technology Council (NSTC)

• Project Reviewer, Undergraduate Student Research Projects, NSTC

• Reviewer, "Study Abroad Dream" and "New Southbound Study Abroad Dream" Programs, Ministry of Education (MOE)

• Reviewer, Taiwan-Austria Higher Education Scientific Research Seed Fund Scholarship, MOE

Sustainability Certifications

• Corporate Sustainability Manager, Taiwan Institute for Sustainable Energy (TAISE)

• Net Zero Manager, Taiwan Institute for Sustainable Energy (TAISE)

• ISO 14064-1:2018 Lead Verifier Course (Organizational Carbon Footprint), BSI (British Standards Institution)

Areas of Expertise

• Financial Management

• Corporate Sustainability Management

• Financial Statement Analysis

Journal Publications

• Cheng-Yi Shiu and Hui-Shan Wei (2025). Are sovereign wealth funds responsible investors? Global evidence. Journal of Financial Studies, 33(4), 87-140. [TSSCI]

• Hsiao-Fang Huang, Cheng-Yi Shiu, and Hui-Shan Wei (2025). Do Stock Price and Exchange Rate Appreciations Benefit Acquirer Shareholders? Evidence from G7 Countries and China. Review of Accounting and Auditing Studies, 15(2), 75-120. [TSSCI]

• Hui-Shan Wei, Yi-Chen Chen, and Hsien-Hsien Chiang (2024). The Announcement Effect of Sustainability-Linked Bonds. Southern Taiwan Gazette of Social Sciences, 9(1), 21-35.

• Hui-Shan Wei (2021). The Impact of Corporate Governance and Arbitrageur Demand on the Choice between Convertible Bonds and Seasoned Equity Offerings. Southern Taiwan Gazette of Social Sciences, 6(2), 1-17.

• Hui-Shan Wei (2019). The Relationship between Convertible Bond Asset Swap Options and Core Agency Problems. Journal of Risk Management, 21(1), 22-42.

• Cheng-Yi Shiu and Hui-Shan Wei (2019). Intended use of proceeds and long-run performance: Evidence from private placements and public offerings in Taiwan. Journal of Financial Studies, 27(2), 75-120. [TSSCI]

• Hung-Ling Chen, Cheng-Yi Shiu, and Hui-Shan Wei (2019). Price effect and investor awareness: Evidence from MSCI Standard Index reconstitutions. Journal of Empirical Finance, 50, 93-112. [SSCI]

• Chih-Hung Lee, Cheng-Yi Shiu, Jui-Chen Ma, and Hui-Shan Wei (2017). The Impact of SBL Short Sales on Stock Returns. Review of Securities and Futures Markets, 29(2), 75-106. [TSSCI]

• Hui-Shan Wei, Yun-Ya Hung, and Mu-Yi Chang (2017). Capital Reduction to Offset Deficits and Operating Performance. Southern Taiwan Gazette of Social Sciences, 2(1), 25-40.

• Chuan-Chun Chang, Jr-Wei Huang, Hui-Shan Wei, and Jen-Ho Ou (2016). Research in Finance in Taiwan: A Review and Prospects. Journal of Management and Business Research, 33(1), 105-137. [TSSCI]

• Hui-Shan Wei and Jr-Wei Huang (2015). Are offering prices manipulated? Evidence from private placements in Taiwan. Journal of Financial Studies, 23(3), 121-149. [TSSCI]

• Hui-Shan Wei, Chung-Wen Hung, and Jr-Wei Huang (2014). Dynamic Conditional Correlation: Empirical Evidence from Carbon Emission Allowances. Journal of Southern Taiwan University of Science and Technology, 39(4), 81-102.

• Cheng-Yi Shiu and Hui-Shan Wei (2013). Do private placements turn around firms? Evidence from Taiwan. Financial Management, 42(4), 875-899. [SSCI]

• Chung-Wen Hung, Cheng-Yi Shiu, and Hui-Shan Wei (2012). Stock liquidity and the choice between public offerings and private placements. Journal of Financial Studies, 20(4), 1-22. [TSSCI]

• Hui-Shan Wei (2011). The Effects of Corporate Governance and Executive Stock Options on Dividend Payouts. Journal of Financial Studies, 19(3), 1-40. [TSSCI]

• Tian-Shyr Dai, Jr-Yan Wang, and Hui-Shan Wei (2008). Adaptive placement method on pricing arithmetic average options. Review of Derivatives Research, 11, 83-118. [SSCI]

Publication Awards

• Honorable Mention, The 12th UMC Management Paper Award (2022)

  Paper: Intended Use of Proceeds and Long-Run Performance: Evidence from Private Placements and Public Offerings in Taiwan (Nominated by the Journal of Financial Studies).

• Outstanding Paper Award, Review of Securities and Futures Markets (2017)

  Paper: The Impact of SBL Short Sales on Stock Returns.

Research Projects Funded by NSTC (National Science and Technology Council / formerly MOST)

• ESG Incident Risk and Institutional Investors (2024 / 113 Academic Year) – Principal Investigator

• Shareholder Activism on Gender Pay Gap (2023 / 112 Academic Year) – Principal Investigator

• Shareholder Activism of Sovereign Wealth Funds (2022 / 111 Academic Year) – Principal Investigator

• Sovereign Wealth Fund Investment and ESG Performance of Target Firms (2021 / 110 Academic Year) – Principal Investigator

• ESG Performance and Foreign Ownership (2020 / 109 Academic Year) – Principal Investigator

• Convertible Bond Asset Swap Options and Corporate Ownership Structure (2018 / 107 Academic Year) – Principal Investigator

• Why Do Firms Issue Convertible Bonds? Explanations from Corporate Governance and Arbitrageur Demand (2017 / 106 Academic Year) – Principal Investigator

• A Study on Corporate Convertible Bond Issuance and Arbitrageur Activities (2016 / 105 Academic Year) – Principal Investigator

• A Study on the Use of Proceeds from Common Stock Financing and Long-Run Performance in Taiwanese Listed and OTC Companies (2015 / 104 Academic Year) – Principal Investigator

• A Study on Private Equity in Mainland China (2014 / 103 Academic Year) – Principal Investigator

• Are Private Placement Prices Manipulated? (2013 / 102 Academic Year) – Principal Investigator

Mentored Undergraduate Student Research Projects (NSTC)

• The Relationship between Gender Equality and Corporate Operational Performance (2025 / 114 Academic Year) – Student: Hsiang-Chun Fang

• The Impact of ESG-Linked Executive Compensation on Firm Performance (2025 / 114 Academic Year) – Student: Ying-Chen Chen

• Corporate Carbon Reduction Initiatives and Carbon Performance (2024 / 113 Academic Year) – Student: Ying-Sui Hong

• Do Investors Prefer Sustainability-Linked Bonds? (2023 / 112 Academic Year) – Student: Yi-Chen Chen

• The Impact of International Carbon Reduction Policies on Taiwanese Enterprises (2022 / 111 Academic Year) – Student: Yi-Chen Hsieh

• The Relationship between Corporate Internationalization and ESG Performance (2021 / 110 Academic Year) – Student: Hsiang-Hua Hsu

• The Relationship between Corporate Social Responsibility and Investor Roles (2020 / 109 Academic Year) – Student: Tzu-Yun Chen

• Can E-Voting Really Enhance Shareholder Activism? (2018 / 107 Academic Year) – Student: Tzu-Hsin Yang

• The Relationship between Insider Ownership Changes and Operating Performance in Backdoor Listing Companies (2017 / 106 Academic Year) – Student: Chia-Hui Hu

• The Impact of Parent-Subsidiary Mergers and Spin-offs on Firm Performance (2016 / 105 Academic Year) – Student: Ming-Chun Chen

• The Relationship between Long-Run Performance and Investor Identity in Firms with Deficit Capital Reduction and Private Placements (2015 / 104 Academic Year) – Student: Mu-Yi Chang