Van Son
Lai

Publications

Articles

• Guidara, A., Lai, V. S., Yu, M.-T., & Zhao, Y. (2025). How do underwriting and investment activities affect P&C insurers’ capital adjustments? Evidence from Canada. Review of Quantitative Finance and Accounting, 64(2), 575-594. DOI : 10.1007/s11156-024-01314-z
• Dione, I., & Lai, V. S. (2024). Bond Duration and Convexity under Stochastic Interest Rates and Credit Spreads. Journal of Fixed Income, 33(3), 75-112. DOI : 10.3905/jfi.2023.1.173
• Lai, V. S., & Hessou, H. (2023). Bank countercyclical capital buffer under the liquidity coverage ratio regulation. SSRN Electronic Journal. DOI : 10.2139/ssrn.4378272
• Turgon-Rhéaume, M., & Lai, V. S. (2021). Analyse d’impact du moment de décaissement d’un produit avec garantie de rachat viager. Assurances et gestion des risques / Insurance and Risk Management, 87(3-4), 131-168. DOI : 10.7202/1076121ar
• Lai, V. S., & Ye, X. (2020). How Does the Stock Market View Bank Regulatory Capital Forbearance Policies?. Journal of Money, Credit & Banking, 52(8), 1873-1907. DOI : 10.1111/jmcb.12692
• Demers-Bélanger, K., & Lai, V. S. (2020). Diversification benefits of cat bonds: An in-depth examination. Financial Markets, Institutions & Instruments, 29(5), 165-228. DOI : 10.1111/fmii.12134
• Lai, V. S., Ye, X., & Zhao, L. (2019). Are market views on banking industry useful for forecasting economic growth?. Pacific-Basin Finance Journal, 57, 101082. DOI : 10.1016/j.pacfin.2018.10.011
• Godin, F., Lai, V. S., & Trottier, D.-A. (2019). Option pricing under regime-switching models: Novel approaches removing path-dependence. Insurance: Mathematics and Economics, 87, 130-142. DOI : 10.1016/j.insmatheco.2019.04.006
• Trottier, D.-A., Lai, V. S., & Godin, F. (2019). A characterization of CAT bond performance indices. Finance Research Letters, 28, 431-437. DOI : 10.1016/j.frl.2018.06.016
• Gueyié, J.-P., Guidara, A., & Lai, V. S. (2019). Banks’ non-traditional activities under regulatory changes: Impact on risk, performance and capital adequacy. Applied Economics, 51(29), 3184-3197. DOI : 10.1080/00036846.2019.1569197
• Godin, F., Lai, V. S., & Trottier, D.-A. (2019). A general class of distortion operators for pricing contingent claims with applications to CAT bonds. Scandinavian Actuarial Journal, 2019(7), 558-584. DOI : 10.1080/03461238.2019.1581837
• Hessou, H., & Lai, V. S. (2018). Basel III capital buffers and Canadian credit unions lending: Impact of the credit cycle and the business cycle. International Review of Financial Analysis, 57, 23-39. DOI : 10.1016/j.irfa.2018.01.009
• Trottier, D.-A., Lai, V. S., & Charest, A.-S. (2018). CAT Bond Spreads via HARA Utility and Nonparametric Tests. Journal of Fixed Income, 28(1), 75-99. DOI : 10.3905/jfi.2018.1.062
• Hessou, H., & Lai, V. S. (2017). Basel III capital buffer requirements and credit union prudential regulation: Canadian evidence. Journal of Financial Stability, 30, 92-110. DOI : 10.1016/j.jfs.2017.05.002
• Gargouri, A., Lai, V. S., & Soumaré, I. (2017). Revisiting Interest Rate Swap Valuation With Counterparty Risk, Wrong-Way Risk, and OIS Discounting. Journal of Fixed Income, 26(3), 63-80. DOI : 10.3905/jfi.2017.26.3.063
• Trottier, D.-A., & Lai, V. S. (2017). Reinsurance or CAT Bond? How to Optimally Combine Both. Journal of Fixed Income, 27(2), 65-87. DOI : 10.3905/jfi.2017.27.2.065
• Lai, V. S., & Soumaré, I. (2016). An analysis of government loan guarantees and direct investment through public-private partnerships*. Economic Modelling, 59, 508-519. DOI : 10.1016/j.econmod.2016.08.012
• Guesmi, K., Boubaker, H., & Lai, V. S. (2016). From Oil to Stock Markets. Journal of Economic Integration, 31(1), 103-133. DOI : 10.11130/jei.2016.31.1.103
• Têtu, A., Lai, V. S., Soumaré, I., & Gendron, M. (2015). Hedging Flood Losses Using Cat-Bonds. Asia-Pacific Journal of Risk and Insurance, 9(2), 149-184. http://www.degruyter.com/view/j/apjri.2015.9.issue-2/apjri-2014-0024/apjri-2014-0024.xml?format=INT
• Lai, V. S., Parcollet, M., & Lamond, B. (2014). The Valuation of Catastrophe Bonds With Exposure to Currency Exchange Risk. International Review of Financial Analysis, 33, 243-252. DOI : 10.1016/j.irfa.2014.02.014
• Lai, V. S., & Zhang, X. (2013). On the Value of Municipal Bond Insurance: An Empirical Analysis. Financial Markets, Institutions & Instruments, 22(4), 209-228. DOI : 10.1111/fmii.12010
• Guidara, A., Lai, V. S., Soumaré, I., & Tchana Tchana, F. (2013). Banks’ capital buffer, risk and performance in the Canadian banking system: Impact of business cycles and regulatory changes. Journal of Banking and Finance, 37(9), 3373-3387. DOI : 10.1016/j.jbankfin.2013.05.012
• Lai, V. S., Soumaré, I., & Sun, Y. (2012). Financial guarantors’ executive compensation, charter value and risk-taking. Research in International Business and Finance, 26(3), 387-397. DOI : 10.1016/j.ribaf.2012.03.002
• Cheung, A. M. K., & Lai, V. S. (2012). On the Consistency of a Firm's Value With a Lognormal Diffusion Process. Journal of Mathematical Finance, 2(1), 31-37. http://www.scirp.org/journal/PaperInformation.aspx?paperID=17585
• Jacques, S., Lai, V. S., & Soumaré, I. (2011). Synthetizing a Debt Guarantee: Super-Replication Versus Utility Approach. International Review of Financial Analysis, 20(1), 27-40. DOI : 10.1016/j.irfa.2010.12.002
• Lai, V. S., & Soumaré, I. (2010). Credit insurance and investment: A contingent claims analysis approach. International Review of Financial Analysis, 19(2), 98-107. DOI : 10.1016/j.irfa.2010.01.006
• Lai, V. S., & Soumaré, I. (2010). Risk-Based Capital and Credit Insurance Portfolios. Financial Markets, Institutions & Instruments, 19(1), 21-45. DOI : 10.1111/j.1468-0416.2009.00153.x
• Grégoire, L., Lai, V. S., & Soumaré, I. (2010). Economic Capital For Bond Insurers. Journal of Fixed Income, 19(3), 47-65. DOI : 10.3905/JFI.2010.19.3.047
• Gajadharsingh, A., & Lai, V. S. (2009). Réplication d'obligations risquées avec des modèles d'options. Assurances et gestion des risques / Insurance and Risk Management, 77(1-2), 1-20. http://www.revueassurances.ca/wp-content/uploads/2016/01/2009_77_no1_2_Gajadharsingh.pdf
• Angoua, P., Lai, V. S., & Soumaré, I. (2008). Project risk choices under privately guaranteed debt financing. The Quarterly Review of Economics and Finance, 48(1), 123-152. DOI : 10.1016/j.qref.2005.12.001
• Lai, V. S., Langlois, Y., & Soumaré, I. (2008). Hedging Portfolios of Financial Guarantees. The Journal of Risk, 11(2), 39-63. DOI : 10.21314/JOR.2008.187
• Gendron, M., Lai, V. S., & Soumaré, I. (2007). Project Finance With Limited Recourse: An Option Pricing Approach to Debt Capacity and Project Risk. The Journal of Structured Finance, 13(3), 97-104. DOI : 10.3905/jsf.2007.698660
• Gendron, M., Lai, V. S., & Soumaré, I. (2006). An Analysis of Portfolios of Insured Debts. Journal of Fixed Income, 16(1), 55-64.
• Gendron, M., Lai, V. S., & Soumaré, I. (2006). Effects of Maturity Choices on Loan-Guarantee Portfolios 1. The Journal of Risk Finance, 7(3), 237-254.
• Lai, V. S., Sakni, Y., & Soumaré, I. (2005). A Simple Method for Computing Value at Risk Using PCA and QMC. Journal of Financial Decision Making, 1(2), 1-13.
• Lai, V. S., & Soumaré, I. (2005). Investment Incentives in Project Finances in the Presence of Partial Loan Guarantees. Research in Finance, 22, 161-186. DOI : 10.1016/S0196-3821(05)22006-3
• Lai, V. S., Al Mamun, A., & Hassan, K. (2004). The impact of the Gramm-Leach-Bliley act on the financial services industry. Journal of Economics and Finance, 28(3), 333-347. DOI : 10.1007/BF02751736
• Lai, V. S., & Gueyie, J. P. (2003). Bank moral hazard and the introduction of official deposit insurance in Canada. International Review of Economics & Finance, 12, 247-273. DOI : 10.1016/S1059-0560(02)00106-5
• Gendron, M., Lai, V. S., & Soumaré, I. (2002). An Analysis of Private Loan Guarantee Portfolios. Research in International Business and Finance, 16, 395-415.
• Lai, V. S., Chang, C., & Yu, M. T. (2002). Credit Enhancement and Loan Default Risk Premiums. Canadian Journal of Administrative Sciences / Revue Canadienne des sciences de l'administration, 19(3), 301-312. DOI : 10.1111/j.1936-4490.2002.tb00274.x
• Lai, V. S., Hassan, K., & Yu, M. T. (2002). Market Discipline of Canadian Banks' Letters of Credit Activities: An Empirical Examination. Service Industries Journal, 22(4), 187-208. DOI : 10.1080/714005106
• Gendron, M., Lai, V. S., & Soumaré, I. (2000). Loan Guarantees Portfolios. Actuarial Research Clearing House (ARCH).
• Lai, V. S., & Yu, M.-T. (1999). An Accurate Analysis of Vulnerable Loan Guarantees. Research in Finance, 17, 103-137.
• Lai, V. S., & Hassan, K. (1998). An Empirical Analysis of Gap Management and Net Interest Margin for the US Commercial Banks. Research in Finance, 16, 101-220.
• Lai, V. S., & Hassan, K. (1997). An empirical investigation of asset-liability management of small US commercial banks. Applied Financial Economics, 7, 525-536. DOI : 10.1080/096031097333394
• Lai, V. S., Collins, C., & Mcnulty, J. (1997). Thrift Viability and Traditional Mortgage Lending: A Simultaneous Equations Analysis of the Risk-Return Trade-Off. Journal of Real Estate Research, 13(2), 155-175. DOI : 10.1080/10835547.1997.12090874
• Lai, V. S. (1997). Coinsurance and Private-Public Partnership in Deposit Insurance. Research in Finance, 15, 275-303.
• Lai, V. S. (1996). The Effects of Variations in Laxity (or Strictness) of Closure Rule on the Valuation of Deposit Insurance. The Financial Review, 31(4), 721-746. DOI : 10.1111/j.1540-6288.1996.tb00894.x
• Lai, V. S. (1995). On the Valuation of Private Loan Guarantees: Wealth Effects and Government Insurance Protection. Research in Finance, 12, 141-181.
• Lai, V. S., & Gendron, M. (1994). On Financial Guarantee Insurance under Stochastic Interest Rates. The Geneva Papers on Risk and Insurance - Theory, 119-137. DOI : 10.1007/BF01371688
• Lai, V. S., & Gendron, M. (1994). On the Valuation of Loan Guarantees Under Stochastic Interest Rates. 4th AFIR - Actuarial Approach for Financial Risks International Colloquium, 1-3, 1013-1046.
• Lai, V. S. (1992). An Analysis of Private Loan Guarantees. Journal of Financial Services Research, 6(3), 223-248. DOI : 10.1007/BF01047082

Livres

• Huynh, H., Lai, V. S., & Soumaré, I. (2008). Stochastic Simulation and Applications in Finance With Matlab Programs (CD-ROM). John Wiley & Sons, Inc. https://onlinelibrary.wiley.com/doi/book/10.1002/9781118467374.
• Lai, V. S., Huynh, H., & Soumaré, I. (2006). Simulations stochastiques et applications en finance avec programmes Matlab. Editions Economica. http://www.eyrolles.com/Entreprise/Livre/simulations-stochastiques-et-applications-en-finance-avec-programmes-matlab-9782717853155.

Chapitres d'un ouvrage collectif

• Esquit, R., & Lai, V. S. (2025). Is the creditgrades model useful for hedging CDSs? In advances in Pacific basin business. Advances in Pacific Basin Business (pp. 135-153). Emerald Publishing Limited. doi : 10.1108/S2514-465020250000013005.
• Lai, V. S., Nguyen, D. K., Sodjahin, W., & Soumaré, I. (2018). Discretionary idiosyncratic risk, firm cash holdings, and investment. Dans Lee, C. F., & Yu, M. T. (Eds.). Book Series: Advances in Pacific Basin Business, Economics and Finance (pp. 51-75). Emerald Publishing Limited. https://www.emeraldinsight.com/doi/full/10.1108/S2514-465020180000006003.
• Lai, V. S., & Soumaré, I. (2005). Investment Incentives in Project Finance in the Presence of Partial Loan Guarantees. Research in Finance (pp. 161-186).
• Lai, V. S., & Trigeorgis, L. (1995). The Strategic Capital Budgeting Process: A Review of Theories and Practices. Dans L. Trigeorgis (Ed). Real Options in Capital Investment: New Contributions (pp. 69-86). Praeger inc. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2578427.

Communications dans une conférence sans actes

• Lai, V. S. (2025). Bank risk-based capital and leverage ratios adjustments: Experience from Canada and the U.S. CCIRM 2025, Xinjiang, Chine (RPC).
• Lai, V. S. (2025). Hedging high yield bond portfolio systematic risk: A macro-based approach. MRS Risk Conference, Boston, Etats-Unis d'Amérique.
• Lai, V. S. (2025). Bank countercyclical capital buffer under the liquidity coverage ratio regulation. IFMB 2025.
• Lai, V. S. (2025). Bank risk-based capital and leverage ratios adjustments: Experience from Canada and the U.S. China Finance Review International & China International Risk Forum Joint Conference, Urumqi, Chine (RPC).
• Lai, V. S. (2025). Hedging high yield bond portfolio systematic risk: A macro-based approach. FMA 2025 Annual Meeting, Vancouver, Canada.
• Lai, V. S. (2025). Hedging high yield bond portfolio systematic risk: A macro-based approach. IFMB, Nottingham, Royaume-Uni.
• Lai, V. S. (2024). Imposing the risk-based capital ratio alongside the leverage ratio to credit unions: Go or no-go?. FMA 2024 Annual Meeting, Grapevine, Etats-Unis d'Amérique.
• Lai, V. S. (2024). The effects of policyholder initiation of a guaranteed lifetime withdrawal benefit (GLWB) on the pricing of a variable annuity. China Finance Review International & China International Risk Forum Joint Conference, Ningbo, Chine (RPC).
• Lai, V. S. (2024). Imposing the risk-based capital ratio alongside the leverage ratio to credit unions: Go or no-go?. IFMB, Nottingham, Royaume-Uni.
• Lai, V. S. (2023). Bank countercyclical capital buffer under the liquidity coverage ratio regulation. China Finance Review International & China International Risk Forum Joint Conference, Shanghai, Chine (RPC).
• Lai, V. S. (2023). Bond duration and convexity under stochastic interest rates and credit spreads. FMA 2023 Annual Meeting, Chicago, Etats-Unis d'Amérique.
• Lai, V. S. (2023). Bank lending during the 2008 credit crunch: Only what matters, capital or liquidity?. Vietnam Symposium in Banking and Finance (VSBF), Hanoi, Vietnam.
• Lai, V. S. (2022). "Bond duration and convexity under stochastic models of interest rates and credit spreads". China International Risk Forum, Dalian, Chine (RPC).
• Lai, V. S. (2022). "Bank risk-based capital and leverage ratios ajustments by banks: Experience from Canada and the U.S.". Asian Finance Association Conference, HKT, China, Hong Kong, Chine (RPC).
• Lai, V. S. (2022). "Bank risk-based capital and leverage ratios ajustments by banks: Experience from Canada and the U.S". AFFI.
• Lai, V. S. (2022). "Bank risk-based capital and leverage ratios ajustments by banks: Experience from Canada and the U.S.". Center for latin american monetary studies’ Mexico City, Mexico, Mexique.
• Lai, V. S. (2021). "Bank countercyclical capital buffer under the liquidity coverage ratio regulation". Financial Management Association (FMA).
• Lai, V. S. (2021). "Bank risk-based capital and leverage ratios ajustments by banks: experience from Canada and the U.S.". Vietnam Symposium in Banking and Finance, Hanoi, Vietnam.
• Lai, V. S. (2021). Bank Countercyclical Capital Buffer under the Liquidity Coverage Ratio Regulation. 37th International Conference of the French Finance Association (AFFI).
• Lai, V. S. (2020). Diversification Benefits of Cat Bonds: An In-Depth Examination. Portuguese Finance Network Conference 2020 (COVID-19 postponed to 2021), Braga, Portugal.
• Lai, V. S. (2020). Diversification Benefits of Cat Bonds: An In-Depth Examination. European Financial Management Association Annual Meeting (COVID-19 cancelled), Dublin, Irlande.
• Lai, V. S. (2019). Diversification Benefits of Cat Bounds: An In-Depth Examination. Financial Management Association Annual Meeting, New Orleans, Etats-Unis d'Amérique.
• Lai, V. S., & Demers-Belanger, K. (2019). Diversification Benefits of Cat Bonds: An In-Depth Examination. American Risk and Insurance Association Annual Meeting, San Francisco, Etats-Unis d'Amérique.
• Lai, V. S., Godin, F., & Trottier, D.-A. (2018). A General Class of Probability Distortion Operators for Pricing Contingent Claims with Applications to CAT Bonds. Financial Management Association Annual Meeting, San Diego, Etats-Unis d'Amérique.
• Lai, V. S., Trottier, D.-A., & Charest, A.-S. (2018). CAT Bond Spreads via HARA Utility and Nonparametric Tests. 9th International Research Meeting in Business and Management (IRMBAM), Nice, France.
• Lai, V. S. (2018). How Does the Market View Bank Regulatory Capital Forbearamce Policies?. International Finance and Banking Society Conference, Porto, Portugal.
• Lai, V. S., Trottier, D.-A., & Charest, A.-S. (2017). «CAT Bond Spreads: A Model with HARA Utility and an Empirical Validation Using Nonparametric Tests. Financial Management Association Annual Meeting, Boston, Etats-Unis d'Amérique.
• Lai, V. S., & Ye, X. (2017). How Does the Market View Bank Regulatory Capital Forbearance Policies?. Financial Management Association Annual Meeting, Boston, Etats-Unis d'Amérique.
• Lai, V. S., & Trottier, D.-A. (2017). New Class of Probability Distortion Operators with an Application to CAT Bonds. American Risk and Insurance Association Annual Meeting, Toronto, Canada.
• Lai, V. S. (2017). CAT Bond Spreads: A Model with HARA Utility and an Empirical Validation Using Nonparametric Tests. 52nd Actuarial Research Conference (ARC 2017), Atlanta, Etats-Unis d'Amérique.
• Lai, V. S. (2016). Basel III Capital Buffer Requirements and Credit Union Prudential Regulation: Canadian Evidence. 4th Paris Financial Management Conference (PFMC 2016), Paris, France.
• Lai, V. S., & Hessou, H. (2016). Basel III Capital Buffer Requirements and Credit Union Prudential Regulation: Canadian Evidence. International Summit of Cooperatives, Québec, Canada.
• Lai, V. S., Gendron, M., & Soumaré, I. (2016). Economic Capital for Insurers: Insurance Cycle and Catastrophic Risk. 2016 American Risk and Insurance Associal Annual Meeting (ARIA 2016), Boston, Etats-Unis d'Amérique.
• Lai, V. S. (2016). CAT Bond Spreads: A Model with HARA Utility and an Empirical Validation Using Nonparametric Tests. 2016 American Risk and Insurance Associal Annual Meeting, Boston, Etats-Unis d'Amérique.
• Lai, V. S. (2016). Basel III Capital Buffer Requirements and Credit Union Prudential Regulation: Canadian Evidence. International Workshop on Financial System Architecture & Stability (IWFSAS 2016), Victoria, Canada.
• Soumaré, I., Gendron, M., & Lai, V. S. (2016). Economic Capital for Insurers: Insurance Cycle and Catastrophic Risk. 2016 Annual Meeting of the American Risk and Insurance Association (ARIA 2016), Boston, Etats-Unis d'Amérique.
• Lai, V. S. (2016). How Does the Market View Bank Regulatory Capital Forbearance Policies?. 23rd Annual Conference of the Multinational Finance Society, Stockholm, Suède.
• Soumaré, I., & Lai, V. S. (2016). Risk-Based Capital and Leverage Ratios Adjustments by Banks: Lessons Learned From the Canadian Experience. 56e congrès de la Société canadienne de science économique (SCSE 2016), Québec, Canada.
• Soumaré, I., Gendron, M., & Lai, V. S. (2016). Economic Capital for Insurers: Insurance Cycle and Catastrophic Risk. 65th Annual Meeting of the Midwest Finance Association (MFA 2016), Atlanta, Etats-Unis d'Amérique.
• Lai, V. S. (2015). Reinsurance or CAT Bond? How to Mix Both Optimally. 3rd World Risk and Insurance Economics Congress, Munich, Allemagne.
• Lai, V. S. (2015). How Does the Market View Bank Regulatory Capital Forbearance Policies?. 2015 Financial Management Association European Conference, Venice, Italie.
• Lai, V. S., & Trottier, D.-A. (2015). Reinsurance or CAT Bond? How to Optimally Combine Both. International Finance and Banking Society (IFABS) Conference, Hangzhou, Chine (RPC).
• Guidara, A., Gueyie, J.-P., Lai, V. S., & Soumaré, I. (2015). Banks' Non-Traditional Activities under Regulatory Changes: Impact on Risk, Performance and Capital Adequacy. Eastern Finance Association Annual Meetings, New Orleans, Etats-Unis d'Amérique.
• Guidara, A., & Lai, V. S. (2015). Underwriting and Investing Strategies in the Insurance Cycles: A Capital Adjustment and Solvency Framework. 2014 Annual Meeting of the Financial Management Association (FMA), Nashville, Etats-Unis d'Amérique.
• Lai, V. S. (2014). Capital Adjustment and Insolvency Risk under Underwriting Cycles: A Study of Canadian Property-Liability Insurance Firms. 2014 Financial Management Association Annual Meeting, Nashville, Etats-Unis d'Amérique.
• Guidara, A., & Lai, V. S. (2014). Underwriting and Investing Strategies in the Insurance Cycles: A Capital Adjustment and Solvency Framework. Department of Finance, University of Quebec in Montreal, Montréal, Canada.
• Lai, V. S., & Soumaré, I. (2014). The Impact of Non-Traditional Activities on Risk, Performance and Capital of Canadian Banks under Regulatory Changes. 26th Annual Northern Finance Association Conference, Ottawa, Canada.
• Guidara, A., Gueyie, J.-P., Lai, V. S., & Soumaré, I. (2014). Banks' Non-Traditional Activities under Regulatory Changes: Impact on Risk, Performance and Capital Adequacy. Northern Finance Association 2014 Annual Meeting, Ottawa, Canada.
• Guidara, A., Gueyie, J.-P., Lai, V. S., & Soumaré, I. (2014). Banks' Non-Traditional Activities under Regulatory Changes: Impact on Risk, Performance and Capital Adequacy. 2014 International Conference of the Financial Engineering and Banking Society, the Centre for Money, Banking and Institutions (University of Surrey) and the Center for Research in Contemporary Finance (Fordham University), Surrey, Royaume-Uni.
• Lai, V. S. (2014). Bank Regulatory Closure Policies: A Market-Based Approach. 6th International Finance and Banking Society Conference (IFABS 2014), Lisbon, Portugal.
• Lai, V. S., & Ye, X. (2014). Bank Regulatory Closure Policies: A Market-Based Approach. Financial Engineering and Banking Society (FEBS) Conference, Guilford, Royaume-Uni.
• Lai, V. S., Soumaré, I., & Gendron, M. (2014). Hedging Flood Losses in Quebec Using Cat Bonds. 48th Annual Conference of the Canadian Economics Association, Vancouver, Canada.
• Guidara, A., Gueyie, J.-P., Lai, V. S., & Soumaré, I. (2014). Banks' Non-Traditional Activities under Regulatory Changes: Impact on Risk, Performance and Capital Adequacy. Research Group on Applied Finance (GREFA), Finance Department, Sherbrooke University, Sherbrooke, Canada.
• Lai, V. S., & Lamond, B. (2013). The Valuation of Catastrophe Bonds With Exposure to Currency Exchange Risk. American Risk and Insurance Association Annual Meeting, Washington, Etats-Unis d'Amérique.
• Lai, V. S., & Guidara, A. (2013). Capital Adjustment and Insolvency Risk under Underwriting Cycles: A Study of Canadian Property-Liability Insurance Firms. Northern Finance Association Annual Meeting, Québec, Canada.
• Guidara, A., & Lai, V. S. (2013). Underwriting and Investing Strategies in the Insurance Cycles: A Capital Adjustment and Solvency Framework. Northern Finance Association, Québec, Canada.
• Lai, V. S., Gendron, M., & Soumaré, I. (2013). Hedging Flood Losses Using Cat Bonds. 2013 Annual Conference Asia-Pacific Risk and Insurance Association, New York, Etats-Unis d'Amérique.
• Lai, V. S., & Guidara, A. (2013). Capital Adjustment and Insolvency Risk under Underwriting Cycles: A Study of Canadian Property-Liability Insurance Firms. Canadian Economic Association Annual Conference, Montréal, Canada.
• Lai, V. S. (2013). Capital Adjustment and Insolvency Risk Under Underwriting Cycles: A Study of Canadian Property-Liability Insurance Firms. 53e Congrès annuel de la Société canadienne de science économique, Québec, Canada.
• Lai, V. S., & Lamond, B. (2013). The Valuation of Catastrophe Bonds With Exposure to Currency Exchange Risk. 30th International French Finance Association Conference, Lyon, France.
• Lai, V. S., & Guidara, A. (2013). Capital Adjustment and Insolvency Risk under Underwriting Cycles: A Study of Canadian Property-Liability Insurance Firms. Congrès annuel de la Société Canadienne de Science Économique, Québec, Canada.
• Guidara, A., & Lai, V. S. (2013). Underwriting and Investing Strategies in the Insurance Cycles: A Capital Adjustment and Solvency Framework. 53rd Annual Conference of the Canadian Society of Economic Sciences, Québec, Canada.
• Guidara, A., & Lai, V. S. (2013). Underwriting and Investing Strategies in the Insurance Cycles: A Capital Adjustment and Solvency Framework. 47th Annual Conference of the Canadian Economic Association (CEA), Montréal, Canada.
• Lai, V. S., & Lamond, B. (2012). The Valuation of Catastrophe Bonds With Exposure to Currency Exchange Risk. Asia-Pacific Association of Derivatives (APAD) Conference, Pusan, Corée du Sud.
• Lai, V. S. (2012). On the Value of Municipal Bond Insurance: An Empirical Analysis. International Finance and Banking Society (IFABS) Conference, Valencia, Espagne.
• Guidara, A., & Lai, V. S. (2012). Underwriting and Investing Strategies in the Insurance Cycles: A Capital Adjustment and Solvency Framework. International Colloquium of Multi-Disciplinary Research in Management Science (Outstanding Paper Award), Québec, Canada.
• Soumaré, I., & Lai, V. S. (2012). Impact of Nontraditional Activities on Capital and Risk of Canadian Bank Under Regulatory Changes. Journées de la finance mathématique - IFM2, Montréal, Canada.
• Guidara, A., Gueyie, J.-P., Lai, V. S., & Soumaré, I. (2012). Banks' Non-Traditional Activities under Regulatory Changes: Impact on Risk, Performance and Capital Adequacy. Mathematical Finance Days, Montréal, Canada.
• Lai, V. S., & Soumaré, I. (2012). Firm Cash Holdings, Discretionary Idiosyncratic Risk, and Investment. Eastern Finance Association Annual Meeting, Boston, Etats-Unis d'Amérique.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchana Tchana, F. (2011). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. 2011 Annual Meeting of the Financial Management Association (FMA), Denver, Etats-Unis d'Amérique.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchana Tchana, F. (2011). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. 18th Annual Conference of the Multinational Finance Society (MFS), Rome, Italie.
• Guidara, A., Gueyie, J.-P., Lai, V. S., & Soumaré, I. (2011). Banks' Non-Traditional Activities under Regulatory Changes: Impact on Risk, Performance and Capital Adequacy. 45th Annual Conference of the Canadian Economic Association (CEA), Ottawa, Canada.
• Lai, V. S., Niu, W. F., & Ye, X. (2011). Bank Regulatory Closure Policies and Economic Cycles. Mathematical Finance Days, Institut de finance mathématique de Montréal (IFM2, Montréal, Canada.
• Lai, V. S., Guidara, A., & Soumaré, I. (2011). The Impact of Capital Regulations and Acquisitions of Investment Dealers and Brokerage Firms on Non-Interest Income, Risk and Capital of Canadian Banks. Annual Conference of the Société Canadienne de Science Économique, Québec, Canada.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchana Tchana, F. (2011). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. Financial Mathematic Institute of Montreal, University of Quebec in Montreal, Montréal, Canada.
• Guidara, A., Gueyie, J.-P., Lai, V. S., & Soumaré, I. (2011). Banks' Non-Traditional Activities under Regulatory Changes: Impact on Risk, Performance and Capital Adequacy. 51st Annual Conference of the Canadian Society of Economic Sciences, Sherbrooke, Canada.
• Lai, V. S., Guidara, A., & Soumaré, I. (2011). Performance, Risk and Capital Buffer under Business Cycles and Banking Regulations: Evidence from the Canadian Banking Sector. EFMA Symposium on Asian Financial Management, Bejing, Chine (RPC).
• Lai, V. S., Guidara, A., & Soumaré, I. (2011). Performance, Risk and Capital Buffer under Business Cycles and Banking Regulations: Evidence from the Canadian Banking Sector. Midwest Finance Association Annual Meeting, Chicago, Etats-Unis d'Amérique.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchana Tchana, F. (2011). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. Joint Seminar of the interuniversity's center of research in risks, economic politics and employment (CIRPÉE) and the Canadian chair in risk management of HEC-Montréal, Montréal, Canada.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchana Tchana, F. (2011). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. Finance Department Seminar, John Molson School of Business, Concordia University, Montréal, Canada.
• Lai, V. S. (2010). Firm Cash Holdings, Idiosyncratic Risk, and Analyst Coverage. Singapore Management University, Sim Kee Boon Institute for Financial Econometrics, Centre for Corporate and Investor Responsibility, Singapour.
• Lai, V. S., Guidara, A., & Soumaré, I. (2010). Performance, Risk and Capital Buffer under Business Cycles and Banking Regulations: Evidence from the Canadian Banking Sector. Countercyclical Capital Requirements Conference, Federal Reserve Bank of Cleveland, Cleveland, Etats-Unis d'Amérique.
• Lai, V. S., Guidara, A., & Soumaré, I. (2010). Performance, Risk and Capital Buffer under Business Cycles and Banking Regulations: Evidence from the Canadian Banking Sector. Research Management Institute-National University of Singapore, Research Workshop, Singapour.
• Lai, V. S. (2010). The Impact of Capital Regulations and Acquisitions of Investment Dealers and Brokerage Firms on Non-Interest Income, Risk and Capital of Canadian Banks. 10e Annual Conference, The CIRPÉE Days.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchana Tchana, F. (2010). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. Federal Reserve Bank of Cleveland Conference on Countercyclical Capital Requirements in Cleveland, Cleveland, Etats-Unis d'Amérique.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchana Tchana, F. (2010). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. Monthly Workshop of Risk Management Institute, National University of Singapore, Singapour, Singapour.
• Guidara, A., Gueyie, J.-P., Lai, V. S., & Soumaré, I. (2010). Banks' Non-Traditional Activities under Regulatory Changes: Impact on Risk, Performance and Capital Adequacy. 10th Annual Conference of the Interuniversity's Center of Research in Risks, Economic Politics and Employment, St-Adèle, Canada.
• Lai, V. S. (2010). «Firm Cash Holdings, Idiosyncratic Risk, and Analyst Coverage. Northern Finance Association Annual Meeting, Winnipeg, Canada.
• Lai, V. S., & Soumaré, I. (2010). Performance, Risk and Capital Buffer of Canadian Banks thorough Economic Cycles and Basel Accords. 17th Annual Meeting of the Multinational Finance Society, Barcelone, Espagne.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchala Tchala, F. (2010). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. 44th Annual Conference of the Canadian Economic Association (CEA), Québec, Canada.
• Lai, V. S. (2010). An Analysis of Government Loan Guarantee and Direct Investment in Public-Private Partnerships. Journées de la finance mathématique - Institut de finance mathématique de Montréal (IFM2), Montréal, Canada.
• Lai, V. S., & Soumaré, I. (2010). An Analysis of Government Loan Guarantees and Direct Investment through PPPs. Mathematical Finance Days, Institut de finance mathématique de Montréal (IFM2),, Montréal, Canada.
• Lai, V. S., Guidara, A., & Soumaré, I. (2010). Performance, Risk and Capital Buffer under Business Cycles and Banking Regulations: Evidence from the Canadian Banking Sector. Annual Conference of the Société Canadienne de Science Économique, Québec, Canada.
• Lai, V. S., Guidara, A., & Soumaré, I. (2010). Performance, Risk and Capital Buffer under Business Cycles and Banking Regulations: Evidence from the Canadian Banking Sector. Canadian Economic Association, Québec, Canada.
• Guidara, A., Lai, V. S., Soumaré, I., & Tchala Tchala, F. (2010). Banks' Capital Bugger, Risk and Performance in Different Business and Regulation Cycles: Evidence from Canada. 50th Annual Conference of the Canadian Society of Economic Sciences, Québec, Canada.
• Lai, V. S., & Soumaré, I. (2010). An Analysis of Government Loan Guarantee and Direct Investment in Public-Private Partnerships. Eastern Finance Association Annual Conference, Miami Beach, Florida, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2010). An Analysis of Government Loan Guarantees and Direct Investment through PPPs. Eastern Finance Association Annual Meeting, Miami Beach, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2009). Risk-Based Capital for Portfolios of Credit Insurance. Financial Management Association Annual Conference, Reno, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2009). An Analysis of Government Loan Guarantee and Direct Investment in Public-Private Partnerships. European Financial Management Association Annual Conference, Milan, Italie.
• Lai, V. S., & Soumaré, I. (2009). Risk-Based Capital for Portfolios of Credit Insurance. Eastern Finance Association Annual Conference, Washington, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2009). Risk-Based Capital for Portfolios of Credit Insurance. Midwest Finance Association Annual Conference, Chicago, Etats-Unis d'Amérique.
• Lai, V. S. (2008). Réplication Synthétique d'Obligations Risquées. Congrès conjoint SCRO/Journées de l'Optimisation 2008 - Université Laval,, Québec, Canada.
• Lai, V. S. (2008). Dynamic Hedging of Portfolios of Financial Guarantees under Jump Diffusion Condition. Les 5ièmes journées montréalaises de calcul scientifique - Centre de recherches mathématiques, Université de Montréal, Montréal, Canada.
• Lai, V. S., & Soumaré, I. (2008). Can Credit Insurance Reduce Investment?. 15th Annual Global Finance Association Conference, Hangzhou, Chine (RPC).
• Lai, V. S., & Soumaré, I. (2008). Impacts of Debt Maturity and Stochastic Correlation on Portfolios of Financial Guarantees. 15th Annual Global Finance Association Conference, Hangzhou, Chine (RPC).
• Lai, V. S., Langlois, Y., & Soumaré, I. (2007). Hedging Portfolios of Financial Guarantees. Financial Management Association Annual Conference, Orlando, Etats-Unis d'Amérique.
• Lai, V. S., Langlois, Y., & Soumaré, I. (2007). Hedging Portfolios of Financial Guarantees. American Risk and Insurance Association Annual Conference, Québec, Canada.
• Lai, V. S., Langlois, Y., & Soumaré, I. (2007). Hedging Portfolios of Financial Guarantees. European Financial Management Association Annual Conference, Vienne, Autriche.
• Lai, V. S., & Soumaré, I. (2006). Project Financed Investments, Debt Maturity and Credit Insurance. Financial Management Association Annual Conference, Salt Lake City, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2006). Maturity and Sectorial Portfolio Diversification for a Vulnerable Risk Averse Guarantor. Financial Management Association Annual Conference, Salt Lake City, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2006). Project Financed Investments, Debt Maturity and Credit Insurance. Northern Finance Association Annual Conference, Montréal, Canada.
• Lai, V. S., & Soumaré, I. (2006). Maturity and Sectorial Portfolio Diversification for a Vulnerable Risk Averse Guarantor. American Risk and Insurance Association Annual Conference, Washington, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2006). Project Financed Investments, Debt Maturity and Credit Insurance. European Financial Management Association Annual Conference, Madrid, Espagne.
• Lai, V. S., & Soumaré, I. (2005). Project Finance, Loan Guarantees, and Investment Incentives. Southern Finance Association Annual Conference, Key West, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2005). Project Finance, Loan Guarantees, and Investment Incentives. Academy of Financial Services Annual Conference, Chicago, Etats-Unis d'Amérique.
• Lai, V. S., Gendron, M., & Soumaré, I. (2005). Multi-Year Risk Management in Portfolios of Credit Insurance. Northern Finance Association Annual Conference, Vancouver, Canada.
• Lai, V. S., Gendron, M., & Soumaré, I. (2005). Multi-Year Risk Management in Portfolios of Credit Insurance. 9th International Congress on Insurance: Mathematics and Economics, Québec, Canada.
• Lai, V. S., & Soumaré, I. (2004). Project Risk Choices under Guaranteed Debt Financing. Southern Finance Association Annual Conference, Naples, Etats-Unis d'Amérique.
• Lai, V. S., Gendron, M., & Soumaré, I. (2004). The Effects of Maturity Choices on Loan Guarantee Portfolios. Financial Management Association Annual Conference, New Orleans, Etats-Unis d'Amérique.
• Lai, V. S., & Soumaré, I. (2004). Project Risk Choices under Guaranteed Debt Financing. Northern Finance Association Annual Conference, St-John's, Canada.
• Lai, V. S., & Soumaré, I. (2004). Project Risk Choices under Guaranteed Debt Financing. 4th Brazilian Finance Conference, Rio de Janeiro, Brésil.
• Lai, V. S., & Soumaré, I. (2004). Project Risk Choices under Guaranteed Debt Financing. University of British Columbia, Vancouver, Canada.
• Lai, V. S., & Soumaré, I. (2004). Project Risk Choices under Guaranteed Debt Financing. University of South Wales, Sydney, Australie.
• Lai, V. S., & Soumaré, I. (2004). Project Risk Choices under Guaranteed Debt Financing. University of Cyprus, Nicosie, Chypre.
• Lai, V. S., Gendron, M., & Soumaré, I. (2004). The Effects of Maturity Choices on Loan Guarantee Portfolios. University of Cyprus, Nicosie, Chypre.
• Lai, V. S., Gendron, M., & Soumaré, I. (2004). The Effects of Maturity Choices on Loan Guarantee Portfolios. University of Cyprus, Nicosie, Chypre.
• Lai, V. S., & Soumaré, I. (2004). Project Risk Choices under Guaranteed Debt Financing. University of Southern Switzerland, Lugano, Suisse.
• Lai, V. S., Gendron, M., & Soumaré, I. (2004). The Effects of Maturity Choices on Loan Guarantee Portfolios. CREFIB - Université Paris Panthéon-Sorbonne, Paris, France.
• Lai, V. S., Gendron, M., & Soumaré, I. (2004). The Effects of Maturity Choices on Loan Guarantee Portfolios. Université Paris Sorbonne-Panthéon, Paris, France.
• Lai, V. S., Gendron, M., & Soumaré, I. (2003). The Effects of Maturity Choices on Loan Guarantee Portfolios. Congrès de l'Association Française de Finance, Paris, France.
• Lai, V. S., Gendron, M., & Soumaré, I. (2003). The Effects of Maturity Choices on Loan Guarantee Portfolios. Université Paris 12, Paris, France.
• Lai, V. S., Gendron, M., & Soumaré, I. (2003). The Effects of Maturity Choices on Loan Guarantee Portfolios. Université Paris Dauphine, Paris, France.
• Lai, V. S., Gendron, M., & Soumaré, I. (2003). The Effects of Maturity Choices on Loan Guarantee Portfolios. Northern Finance Association Annual Conference, Québec, Canada.

Rapports de recherche

• Hessou, H., & Lai, V. S. (2017). Canadian Credit Union Buffers Under Basel III. Filene Research Institute and Canadian Credit Union Association https://filene.org/research/report/canadian-credit-unions-capital-buffers-under-basel-iii.
• Lai, V. S., Gendron, M., & Soumaré, I. (2015). Economic Capital for Insurers: Insurance Cycle and Catastrophic Risk. Université Laval.
• Lai, V. S., Coulombe, D., & Mathieu, R. (2003). The Effectiveness of Bank Measures of Capital : A Canadian Study.

Document de travail

• Lai, V. S., Parcollet, M., & Lamond, B. (2012). The Valuation of Catastrophe Bonds With Exposure to Currency Exchange Risk.
• Lai, V. S., Sodjahin, W., & Soumaré, I. (2011). Firm Cash Holdings and Discretionary Idiosyncratic Risk.
• Lai, V. S., & Guidara, A. (2011). Capital and Risk of Canadian Property-Liability Insurance Companies Under Underwriting Cycles.
• Lai, V. S., Sodjahin, W., & Soumaré, I. (2010). Idiosyncratic Risk, Analyst Coverage and Firm Cash Holdings.
• Lai, V. S., Guidara, A., & Soumaré, I. (2010). Performance, Risk and Capital Buffer of Canadian Banks Thorough Economic Cycles and Basel Accords.
• Lai, V. S., Guidara, A., & Soumaré, I. (2010). Non-Interest Income, Capital and Risk of Canadian Banks Following the 1987 Act Allowing Banks Investment Banking Activities and Basel Accords.
• Lai, V. S., & Soumaré, I. (2009). An Analysis of Government Loan Guarantee and Direct Investment in Public-Private Partnerships.
• Lai, V. S., Jacques, S., & Soumaré, I. (2009). Replicating Financial Guarantees When There Are Transaction Costs.
• Lai, V. S., Soumaré, I., & Yan, S. (2009). Financial Guarantors: Executive Compensation and Risk-Taking Incentives.
• Lai, V. S., & Soumaré, I. (2007). Project Finance, Government Loan, Insurance and Investment Subsidy.

Affiliations de recherche en cours

• Membre associé, Chaire iA Groupe financier en assurances et services financiers (1995 - ...)

Encadrement étudiant

Doctorat

• Directeur de recherche
  • Onésime Hounkpe (Hiver 2022 - Automne 2023)
  • Hélyoth Hessou (Automne 2013 - Automne 2020)
  • Denis-Alexandre Trottier (Automne 2015 - Hiver 2018)
  • Adama Sanou (Hiver 2015 - Automne 2015)
  • Alaa Guidara (Automne 2010 - Été 2015)
  • Niamien Eric Ekpinda (Automne 2013 - Été 2015)

Maîtrise avec mémoire

• Directeur de recherche
  • Alaa Guidara (Automne 2008 - Été 2010)

Contribution à l'avancement de la discipline

Participation à des colloques ou conférences scientifiques

• Membre du comité de programme/Membre scientifique, 2025 Southern Financial Management Association Annual Meeting, SFA Annual Meeting (2025)
• Membre du comité scientifique, Vietnam Symposium in Banking and Finance (2025)
• Membre du comité de programme/Membre scientifique, 2025 Financial Management Association Annual Meeting, FMA Annual Meeting (2025)
• Membre du comité scientifique, 2025 China International Risk Forum (2025)
• Membre du comité scientifique, 2025 Portuguese Finance Network (2025)
• Membre du comité de programme/Membre scientifique, 2025 European Financial Management Association Annual Meeting (2025)
• Membre du comité de programme/Membre scientifique, 2025 FMA Asia/Pacific Conference (2025)
• Membre du comité scientifique, Contemporary Issues in Financial Markets and Banking (2025)
• Membre du comité de programme/Membre scientifique, 2024 Southern Financial Management Association Annual Meeting, SFA Annual Meeting (2024)
• Membre du comité scientifique, Vietnam Symposium in Banking and Finance (2024)
• Membre du comité de programme/Membre scientifique, 2024 Financial Management Association Annual Meeting, FMA Annual Meeting (2024)
• Membre du comité de programme/Membre scientifique, 2024 FMA Asia/Pacific Conference (2024)
• Membre du comité de programme/Membre scientifique, 2024 European Financial Management Association Annual Meeting (2024)
• Membre du comité scientifique, 2024 China International Risk Forum (2024)
• Membre du comité scientifique, 2024 Portuguese Finance Network (2024)
• Membre du comité scientifique, Contemporary Issues in Financial Markets and Banking (2024)
• Membre du comité de programme/Membre scientifique, 2023 Southern Financial Management Association Annual Meeting, SFA Annual Meeting (2023)
• Membre du comité scientifique, Vietnam Symposium in Banking and Finance (2023)
• Membre du comité de programme/Membre scientifique, 2023 Financial Management Association Annual Meeting, FMA Annual Meeting (2023)
• Membre du comité scientifique, 2023 China International Risk Forum (2023)
• Membre du comité scientifique, 2023 Portuguese Finance Network (2023)
• Membre du comité de programme/Membre scientifique, 2023 European Financial Management Association Annual Meeting (2023)
• Membre du comité de programme/Membre scientifique, 2023 FMA Asia/Pacific Conference (2023)
• Membre du comité de programme/Membre scientifique, 2022 Paris Financial Management Conference (2022)
• Membre du comité de programme/Membre scientifique, 2022 FMA Asia/Pacific Conference (2022)
• Membre du comité scientifique, Vietnam Symposium in Banking and Finance (2022)
• Membre du comité de programme/Membre scientifique, 2022 FMA Annual Meeting (2022)
• Membre du comité scientifique, 2022 China International Risk Forum (2022)
• Membre du comité de programme/Membre scientifique, 2022 International Research Meeting in Business and Management (2022)
• Membre du comité de programme/Membre scientifique, 2022 European Financial Management Association Annual Meeting (2022)
• Membre du comité scientifique, 2022 Portuguese Finance Network (2022)
• Membre du comité de programme/Membre scientifique, 2021 NFA Annual Conference (2021)
• Membre du comité de programme/Membre scientifique, 2019 Vietnam Symposium in Banking and Finance (2019)
• Membre du comité de programme/Membre scientifique, 2019 European Financial Management Association Annual Meeting (2019)
• Membre du comité de programme/Membre scientifique, 2019 FMA Asia/Pacific Conference in Ho Chi Minh City (2019)
• Membre du comité de programme/Membre scientifique, 2019 FMA Annual Meeting (2019)
• Membre du comité de programme/Membre scientifique, 2019 NFA Annual Conference (2019)
• Membre du comité de programme/Membre scientifique, 2018 China International Risk Forum (CIRF) (2018)
• Membre du comité de programme/Membre scientifique, 2018 Paris Financial Management Conference (2018)
• Membre du comité scientifique, China International Risk Forum (and Member Research Awards Committee) (2018)
• Membre du comité scientifique, 2018 Vietnam Symposium in Banking and Finance (2018)
• Membre du comité scientifique, China International Risk Forum (2017)
• Membre du comité scientifique, Vietnam Symposium in Banking and Finance (2017)
• Membre du comité scientifique, Paris Financial Management Conference (2017)
• Reviewer, FMA European Conference (2017)
• Reviewer, Applied Finance Conference (2017)
• Membre du comité scientifique, Paris Financial Management Conference (2014)
• Co-organisateur, Congrès de la Northern Finance Association in Québec (2013)
• Membre du comité scientifique, Paris Financial Management Conference (2013)
• Membre du comité scientifique, Vietnam International Conference in Finance (2013)
• Membre du comité scientifique, International Finance Conference (2012)
• Membre du comité scientifique, Annual Conference of the Multinational Finance Society (2012 - 2013)
• Education Advisory Committee Working Body, CFA Institute (2007 - 2009)
• Discussant and Session Chair at CORS (1990 - 2021)
• Discussant and Session Chair at IFM2 (1990 - 2021)
• Discussant and Session Chair at CEA (1990 - 2021)
• Discussant and Session Chair at SCSE (1990 - 2021)
• Discussant and Session Chair at APAD (1990 - 2021)
• Discussant and Session Chair at IRMBAM (1990 - 2021)
• Discussant and Session Chair at MFS (1990 - 2021)
• Discussant and Session Chair at CIRF (1990 - 2021)
• Discussant and Session Chair at AFFI (1990 - 2021)
• Discussant and Session Chair at IFABS (1990 - 2021)
• Discussant and Session Chair at EFMA (1990 - 2021)
• Discussant and Session Chair at FMA (1990 - 2021)
• Discussant and Session Chair at PFMC (1990 - 2021)
• Discussant and Session Chair at MFA (1990 - 2021)
• Discussant and Session Chair at SFA (1990 - 2021)
• Discussant and Session Chair at ARIA (1990 - 2021)
• Discussant and Session Chair at EFA (1990 - 2021)
• Discussant and Session Chair at WRIEC (1990 - 2021)
• Discussant and Session Chair at NFA (1990 - 2021)

Participation à des comités d'évaluation

• Évaluation full professor, Thomas Doellman, Richard A. Chaifetz School of Business, Saint Louis University, USA (2025)
• Évaluation full professor, Anna Dodonova, Telfer School of Management, Université d'Ottawa (2024)
• Arbitre, Diverses revues (2023 - 2024)
• Arbitre invité pour Finance Research Letters (2021 - 2022)
• Évaluateur externe (Associate Prof), University of Wisconsin-Whitewater (2018 - ...)
• Évaluateur externe (Full Prof.), Saint Louis University (2018 - ...)
• Membre du comité scientifique, Multinational Financial Society (2018 - ...)
• Membre du comité scientifique, Financial Management Association (Asia and USA) (2018 - ...)
• Membre du comité scientifique, Northern Finance Association (2018 - ...)
• Membre du comité scientifique, American Risk and Insurance Association (2017 - ...)
• Reviewer, Financial Management Association (2017 - ...)
• Reviewer, Northern Finance Association (2017 - ...)
• Membre du comité scientifique, International Finance and Banking Society, Paris Financial Management Conference, FMA European Conference (2016)
• Évaluateur externe (Full Professor), Brock University (2016)
• Membre du comité scientifique, European Financial Management Association (2015 - ...)
• Membre du comité scientifique, International Finance and Banking Society (2015 - ...)
• Abjuducation Member Grant Savoir, Social Sciences Research Council of Cnaada (SSRCC) (2013 - ...)
• Évaluateur externe, Promotion Committee, Brock University (2012)
• Subject Matter Expert, CFA Program Working Body, CFA Institute (2011 - ...)
• Évaluateur externe (Professeur Associé), Brock University (2011)
• Membre du comité scientifique, Institut de Finance Mathématique de Montréal (IFM2) (2011 - 2015)
• Academic Reviewer, Administrative Sciences Association of Canada (ASAC) Conference, Toronto, Canada (2005)
• Membre du comité scientifique, Fonds québécois de la recherche sur la société et la culture (FQRSC), « Fonds des leaders » (2005 - 2006)
• Candidate Curriculum Committee Working Body, CFA Institute (2005 - 2007)
• Advisor, Ministry of Finance of the Province of Quebec, Debt Management : Benchmark Studies (1999 - 2000)
• Membre du comité scientifique pour l'organisation du Northern Finance Association Annual Meeting in Quebec City (1996)
• Arbitre invité pour Canadian Journal of Administrative Sciences (1990 - ...)
• Arbitre invité pour FINÉCO (1990 - ...)
• Arbitre invité pour Actualité Économique (1990 - ...)
• Arbitre invité pour Review of Financial Economics (1990 - ...)
• Arbitre invité pour Review of Pacific Basin Financial Markets and Policies (1990 - ...)
• Arbitre invité pour Journal of Risk Finance (1990 - ...)
• Arbitre invité pour Journal of Financial Studies (1990 - ...)
• Arbitre invité pour Risk Management and Insurance Review (1990 - ...)
• Arbitre invité pour International Journal of Finance and Economics (1990 - ...)
• Arbitre invité pour Emerging Markets Finance and Trade (1990 - ...)
• Arbitre invité pour International Journal of Banking (1990 - ...)
• Arbitre invité pour Accounting and Finance (1990 - ...)
• Arbitre invité pour Financial Services Review (1990 - ...)
• Arbitre invité pour Journal of Economics and Finance (1990 - ...)
• Arbitre invité pour Risk Management (1990 - ...)
• Arbitre invité pour Journal of Small Business and Management (1990 - ...)
• Arbitre invité pour Economic Systems (1990 - ...)
• Arbitre invité pour International Review of Financial Analysis (1990 - ...)
• Arbitre invité pour Applied Economics (1990 - ...)
• Arbitre invité pour Economic Modelling (1990 - ...)
• Arbitre invité pour Review of Quantitative Finance and Accounting (1990 - ...)
• Arbitre invité pour International Review of Economics and Finance (1990 - ...)
• Arbitre invité pour Journal of Policy Analysis and Management (1990 - ...)
• Arbitre invité pour Quarterly Review of Economics and Finance (1990 - ...)
• Arbitre invité pour Annals of Operations Research (1990 - ...)
• Arbitre invité pour Pacific Basin Finance Journal (1990 - ...)
• Arbitre invité pour The European Journal of Finance (1990 - ...)
• Arbitre invité pour European Financial Management (1990 - ...)
• Arbitre invité pour Journal of Risk and Insurance (1990 - ...)
• Arbitre invité pour Journal of Financial Stability (1990 - ...)
• Arbitre invité pour Journal of Money, Credit and Banking (1990 - ...)
• Arbitre invité pour Journal of Banking and Finance (1990 - ...)
• Arbitre et Évaluateur, Research Grant Agencies FCAR of Quebec (1990 - ...)
• Arbitre et Évaluateur, IFM2 Of Montréal (1990 - ...)
• Arbitre et Évaluateur, SSHRC of Canada (1990 - ...)

Responsabilités éditoriales

• Membre du comité de rédaction, Advances in Pacific Basin Business, Economics and Finance (2024 - 2025)
• Comité éditorial, Assurances et gestion des risques/Insurance and Risk Management (2015 - ...)
• Book reviewer, Wiley & Sons (2011)
• Associate Editor, FINÉCO Review (1995 - 2005)

Membre d'association(s)

• Membre du comité scientifique international, Contemporary Issues Financial Markets and Banking Conference (IFMB) (2024)
• Membre du comité scientifique, Eastern Finance Association (2021 - 2022)
• Membre du comité scientifique, Southern Finance Association (2021 - 2022)
• Membre du comité scientifique, Financial management association (Europe) (2021 - 2023)
• Membre de comité scientifique, European Financial Management Association (2019 - ...)
• Membre du comité scientifique, Paris Financial Management Conference (2019 - ...)
• Membre du comité scientifique, China International Risk Forum (2019 - ...)
• Membre du comité scientifique, Vietnam Symposiun in Banking and Finance (2019 - ...)
• Membre du comité scientifique, Portuguese Finance Network (2019 - ...)
• Membre du comité scientifique, International Research Meeting in Business and Management (2019 - ...)
• Membre du comité scientifique, Financial management association (Asia andUSA) (2019 - 2023)
• Membre, American Finance Association (2015 - ...)
• Membre, European Finance Association (2014 - ...)
• Membre, American Risk and Insurance Association (2013 - ...)
• Membre, Northern Finance Association (2013 - 2021)
• Membre, Western Finance Association (2010 - 2013)
• Membre, Program Committees of Annual Meetings, Financial Management Association (FMA), Financial Management Association Asian, Eastern Financial Association (EFA), and Southern Finance Association (SFA) (2009 - 2011)
• Membre, Scientific Committee for the Organization of the Northern Finance Association Annual (NFA) Meeting in Quebec City, Canada (2003)
• Candidate Curriculum Committee Working Body, Association for Investment Management Research (AIMR, CFA), USA (2003 - 2004)
• Analyste financier agréé, CFA Institute (CFA) (2001 - ...)
• Membre, Program Committee, Southern Finance Association (SFA) Annual Meetings (1999 - 2002)
• Membre, Program Committee, Financial Management Association (FMA) Annual Meetings (1999 - 2006)
• Membre of Financial Management Association (1990 - ...)
• Membre, Association of Professional Engineers of British Columbia (1977 - ...)

Direction scientifique / Responsable scientifique

• Head of the Financial Risk Management Section, Centre de recherche en économie et finance appliqués (CRÉFA) (1999 - 2000)

Participation à des jurys d'organismes de subvention

• Chair and Adjudication Member Grant Savoir, October 2021, Social Research Council of Canada (SSRCC) (2021 - 2022)

Implications universitaires et facultaires

Faculté

• Responsable académique de la Maîtrise en sciences de l'administration - ingénierie financière (M-SAD INF) (2018 - ...)
• Membre, Comité de recrutement, Département de finance, assurance et immobilier (2012 - 2013)
• Membre, Committee for Reform of the Ph. D. Program in Finance (1996)
• Membre, Faculty Fund Rising Group, Campagne Défi (1995)
• Faculty Delegate at Laval University Union of Professors (SPUL) (1994 - 1996)

Université

• Membre, Comité de discipline de première instance et d'appel (2024 - 2027)
• Academic Advisor Ph. D. in finance (2012 - 2018)
• In charge (with I. Soumaré) of the Research Seminars, Department of finance and insurance, Université Laval (2005 - 2006)
• Membre, University Library Advisory Committee (2001 - 2002)
• Department Liaison with The Quebec City Society of Financial Analysts (2001 - 2012)
• Membre, Graduate Programs Admission and Supervision Committee (1994 - 2003)

Implications professionnelles

Gouvernance

• Président des comités d'examen du mérite 14B – Business, Management, and Related Fields for the Social Sciences and Humanities Research Council (SSHRC-CRSH) Insight Development February 2025 Competition (2025)
• Président des comités d'examen du mérite 14C – Business, Management, and Related Fields for the Social Sciences and Humanities Research Council (SSHRC-CRSH) Insight Grants October 2021 Competition (2021)

Membre d'association(s) de professionnels et praticiens

• Professeur affilié à la Chaire Stephen-A.-Jarislowsky en gestion des affaires internationales (2010 - ...)
• Professeur affilié à la Chaire de l'Industrielle Alliance (1994 - ...)

Prix et distinctions

Prix et distinctions

• Best paper award at 14th annual China International Conference on Insurance and Risk Management (CICIRM 2024) (2024)
• Best paper award at Contemporary Issues Financial Markets and Banking (IFMB) (2023)
• Médaille de la recherche
  • (2021)
  • (2020)
  • (2019)
  • (2018)
• Semi-finaliste pour un Best Paper Award, catégorie Options & Derivatives, "A General Class of Distortion Operators For Pricing Contingent Claims With Applications to CAT Bonds" (avec F. Godin et D-A Trottier) (2018)
• Semi-finaliste pour un Best Paper Award, catégorie Markets & Institutions, "How Does the Stock Market View Bank Regulatory Capital Forbearance Policies?" (avec X. Ye), 2017 Financial Management Association Annual Meeting, Boston (2017)
• Distinction Socrate
  • (2017 - 2018)
  • (2012 - 2013)
• Prix Hermès d'excellence en recherche (2012)
• On the list (935th) « The top 1,000 authors based on weighted JFequivalent pages in 16 core finance journals » (2002)
• AMI Partners Award for Best Academic Paper (1995)
• AMI Partners Award for Best Professional Paper (1995)
• Beta Gamma Sigma (1990)
• MBA with Distinction, Research Institute for Management Science, Delft University of Technology (1985)