Business School

Dr Lily Nguyen

Senior Lecturer in Finance
School of Business
+61 7 334 68087
Room 307, Colin Clark Building, St. Lucia Campus
View researcher profile

Researcher biography

I am a Senior Lecturer in finance and the Program Convenor for the Commerce Programs at UQ Business School.

My research interests are in empirical corporate finance and climate finance. I have published in international peer-reviewed finance journals including Journal of Financial and Quantitative Analysis, Journal of Corporate Finance, Journal of Banking and Finance, Journal of Financial Markets, and Financial Management. I have so far received one Australian Research Council (ARC) Discovery research grant and several AFAANZ research grants. I am currently an associate editor at International Review of Financial Analysis and was a guest editor for Pacific-Basin Finance Journal.

I am available for supervising research students. I am particularly proud that some of my former PhD students had their first placements at some UK and Australian universities. Also, all of my former honours students have so far received their first-class honours, some awarded the University Medals.

Publications

Journal Articles (20)
Conference Paper (1)
Working Paper (1)

Journal Articles

Fisar, Milos, Greiner, Ben, Huber, Christoph, Katok, Elena, Ozkes, Ali I., Management Science Reproducibility Collaboration, Luong, Hoang (Management Science Reproducibility Collaboration), Humphrey, Jacquelyn (Management Science Reproducibility Collaboration), Nguyen, Lily (Management Science Reproducibility Collaboration) and Smerdon, David C. (Management Science Reproducibility Collaboration) (2024). Reproducibility in Management Science. Management Science, 70 (3), 1343-1356. doi: 10.1287/mnsc.2023.03556
Dang, Tung Lam, Luong, Hoang, Nguyen, Lily and Nguyen, My (2024). Political uncertainty and commonality in liquidity. Pacific-Basin Finance Journal, 83 102249. doi: 10.1016/j.pacfin.2023.102249
Nguyen, Quan M.P., Do, Hung Xuan, Molchanov, Alexander, Nguyen, Lily and Nguyen, Nhut H. (2023). Political similarities in credit ratings. International Review of Financial Analysis, 86 102515, 1-12. doi: 10.1016/j.irfa.2023.102515
Nguyen, Quan M. P., Do, Hung Xuan, Molchanov, Alexander, Nguyen, Lily and Nguyen, Nhut H. (2023). Asymmetric trading responses to credit rating announcements from issuer‐ versus investor‐paid rating agencies. Journal of Business Finance and Accounting, 51 (1-2), 84-112. doi: 10.1111/jbfa.12686
Do, Hung X., Nguyen, Lily, Nguyen, Nhut H. and Nguyen, Quan M.P. (2022). LGBT policy, investor trading behavior, and return comovement. Journal of Economic Behavior and Organization, 196, 457-483. doi: 10.1016/j.jebo.2022.02.013
Nguyen, Lily, Vu, Le and Yin, Xiangkang (2020). The undesirable effect of audit quality: Evidence from firm innovation. The British Accounting Review, 52 (6) 100938, 100938. doi: 10.1016/j.bar.2020.100938
Balachandran, Balasingham, Faff, Robert, Nguyen, Lily H. G. and Puwanenthiren, Premkanth (2020). The impact of audit quality in rights offerings. Accounting and Finance, 60 (3), 2007-2037. doi: 10.1111/acfi.12429
Nguyen, Lily, Vu, Le and Yin, Xiangkang (2020). The bright side of co-opted boards: evidence from firm innovation. Financial Review, 56 (1) fire.12243, 29-53. doi: 10.1111/fire.12243
Baghdadi, Ghasan A., Nguyen, Lily H. G. and Podolski, Edward J. (2020). Board co-option and default risk. Journal of Corporate Finance, 64 101703, 101703. doi: 10.1016/j.jcorpfin.2020.101703
Balachandran, Balasingham, Duong, Huu Nhan, Luong, Hoang and Nguyen, Lily (2020). Does takeover activity affect stock price crash risk? Evidence from international M&A laws. Journal of Corporate Finance, 64 101697. doi: 10.1016/j.jcorpfin.2020.101697
Nguyen, Lily, Vu, Le and Yin, Xiangkang (2020). Share repurchases and firm innovation. Accounting and Finance, 61 (S1), 1665-1695. doi: 10.1111/acfi.12641
Dang, Tung Lam, Dang, Man, Hoang, Luong, Nguyen, Lily and Phan, Hoang Long (2020). Media coverage and stock price synchronicity. International Review of Financial Analysis, 67 101430. doi: 10.1016/j.irfa.2019.101430
Dang, Tung Lam, Dang, Viet Anh, Moshirian, Fariborz, Nguyen, Lily and Zhang, Bohui (2019). News media coverage and corporate leverage adjustments. Journal of Banking and Finance, 109 105666, 105666. doi: 10.1016/j.jbankfin.2019.105666
Dang, Tung Lam, Faff, Robert, Luong, Hoang and Nguyen, Lily (2019). Individualistic cultures and crash risk. European Financial Management, 25 (3), 622-654. doi: 10.1111/eufm.12180
Baghdadi, Ghasan A., Bhatti, Ishaq M., Nguyen, Lily H. G. and Podolski, Edward J. (2018). Skill or effort? Institutional ownership and managerial efficiency. Journal of Banking and Finance, 91, 19-33. doi: 10.1016/j.jbankfin.2018.04.002
Henry, Darren, Nguyen, Lily and Viet Hung Pham, (2017). Institutional trading before dividend reduction announcements. Journal of Financial Markets, 36, 40-55. doi: 10.1016/j.finmar.2017.07.003
Luong, Hoang, Moshirian, Fariborz, Nguyen, Lily, Tian, Xuan and Zhang, Bohui (2017). How do foreign institutional investors enhance firm innovation?. Journal of Financial and Quantitative Analysis, 52 (4), 1449-1490. doi: 10.1017/S0022109017000497
Luong, Hoang Luong, Nguyen, Huong Giang (Lily) and Yin, Xiangkang (2015). When Is a Firm's Information Asymmetry Priced? The Role of Institutional Investors. International Review of Finance, 15 (1), 55-88. doi: 10.1111/irfi.12038
Nguyen, Tu, Nguyen, H. G. (Lily) and Yin, Xiangkang (2015). Corporate governance and corporate financing and investment during the 2007-2008 financial crisis. Financial Management, 44 (1), 115-146. doi: 10.1111/fima.12071
Moshirian, Fariborz, Nguyen, Huong Giang (Lily) and Pham, Peter Kien (2012). Overnight public information, order placement, and price discovery during the pre-opening period. Journal of Banking & Finance, 36 (10), 2837-2851. doi: 10.1016/j.jbankfin.2012.06.012

Conference Paper

Duong, Lien, Luong, Hoang, Nguyen, Lily and Wang, Zeyu (2023). Mandatory ESG disclosure and IPO underpricing worldwide. 2023 FMA Annual Meeting, Chicago, ILL, United States, 11 - 14 October 2023.

Working Paper

Luong, Hoang, Nguyen, Lily and Pham, Peter (2021). Foreign expansion and corporate innovation: cross-country evidence. SSRN Working Paper. UQ Business School, The University of Queensland. doi: 10.2139/ssrn.3319551