Research Seminar Series: Prof. Allaudeen Hameed

We are pleased to invite you to the upcoming session of the Research Seminar Series at the Asia School of Business, featuring Prof. Allaudeen Hameed, Tang Peng Yeu Professor in Finance at NUS Business School.

Session Title:

Nominal Price Preferences, Investor Welfare, and Market Quality

Event Details

Date: Wednesday, 23 September 2026

Time: 12:30 PM – 1:30 PM

Venue: CR-E2-02

Zoom Details

Meeting ID: 929 1446 9538

Passcode: 853671

Join Zoom Meeting:

https://asb-my.zoom.us/j/92914469538?pwd=BkReV1fJSNP9dAvO7VZFpcdrGfLwjU.1

📝 Register now!

About the Seminar

Do investors prefer low-priced stocks simply because of the price label?

This seminar examines how investors' preference for low-priced stocks affects both individual investor welfare and market quality. Drawing on staggered reverse splits and account-level trading records, the study finds that retail investors significantly reduce their trading in stocks once they move out of the low-price tier, instead shifting their activity toward other low-priced stocks.

The findings reveal a striking tension: while the preference for low-priced stocks is costly for individual investors, the presence of these investors can provide broader benefits to markets by supporting liquidity, price discovery, and valuations.

About the Speaker

Allaudeen Hameed is the Tang Peng Yeu Professor in Finance at NUS Business School. His research focuses on stock returns, trading strategies, liquidity, financial analysts, and international financial markets, with work published in leading finance journals. He serves on the editorial boards of several academic journals and has received numerous research and best paper awards.

He holds a BBA (Honours) from NUS and a PhD in Finance from the University of North Carolina at Chapel Hill.

Open to academics, students, and corporate peers — we look forward to seeing you there!