Finance is all about managing assets to create wealth for investors and companies and making strategic decisions in the face of uncertainty. Our researchers at the Finance Discipline of the UQ Business School have specific expertise in corporate finance and corporate governance, asset pricing and financial markets, sustainable finance, behavioural finance, and real estate finance. We study the decisions of firms and individuals and their interrelationships with financial institutions, especially how they allocate scarce financial resources to the best investment opportunities.

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Finance Discipline academics

Corporate Finance and Corporate Governance

Corporate finance deals with the capital structure of firms, their sources of funding, the actions that managers take to increase the value of the firms, and the tools and analysis used to allocate financial resources. Corporate governance is the system of controls, regulations, and incentives designed to minimise agency costs between managers and investors and prevent corporate fraud. Research conducted by finance academics from the UQ Business School in this area includes executive compensation, ownership structure, corporate investment, capital structure, corporate innovation, institutional ownership, insider trading, IPOs, boards of directors, and entrepreneurial finance.

Experts

Dr Hasibul Chowdhury; Dr Nicolas Eugster; Prof Joseph FanProf Robert Faff; Prof Stephen Gray; Prof Allan Hodgson; Dr Ronghong Huang; Dr Shirina Lin; Dr Leo (Hoang) Luong; Dr Ihtisham Malik; Dr Lin Mi; Dr Suman Neupane-Joshi; Dr Lily (Huong) Nguyen; A/Prof Barry Oliver; Dr Vanitha Ragunathan; Dr Dewan Rahman; Dr Eric (Kian) Tan; Dr Kelvin (Jui) Tan; Dr Elizabeth (Yushu) Zhu.

Recent publications

Ali, Searat, Iqbal, Jamshed, Malik, Ihtisham and Rahman, Dewan (2024). Does managerial pay disparity influence BHC default risk?. International Review of Economics & Finance, 92, 1250-1269. doi: 10.1016/j.iref.2024.02.032

Chang, Yuyuan, He, Wen and Mi, Lin (2024). Cross-border regulatory cooperation and cash holdings: evidence from US-listed foreign firms. The British Accounting Review, 56 (6, Part A) 101449, 101449. doi: 10.1016/j.bar.2024.101449

Chen, Guoli, Huang, Ronghong, Mei, Shunji, and Tan, Kelvin Jui Keng (2024). CEO Initial Contract Duration and Corporate Acquisitions. Organization Science 1-23. https://doi.org/10.1287/orsc.2022.16493

Chowdhury, Hasibul, Estreich, Timothy, Hossain, Ashrafee, and Zheng, Jiayi (2024). U.S. Political corruption and labor investment (in)efficiency. Global Finance Journal 60 100962 100962. https://doi.org/10.1016/j.gfj.2024.100962

Chowdhury, Hasibul, Hossain, Ashrafee, and Jha, Anand (2024). Acquisitions and social capital. Journal of Business Finance and Accounting 51 (9-10) 2490-2522. https://doi.org/10.1111/jbfa.12787

Chowdhury, Hasibul, Lin, Beiqi, Mei, Shunji, Tan, Kelvin Jui Keng, and Zhang, Lei (2024). Does exchange-traded fund ownership affect a firm’s expected crash risk?. European Accounting Review 1-33. https://doi.org/10.1080/09638180.2024.2368129

Chowdhury, Hasibul, Hasan, Mostafa Monzur, Luong, Hoang and Xu, Suichen (2024). Do CEOs' industry tournament incentives affect stock liquidity?. Corporate Governance: An International Review. doi: 10.1111/corg.12623

Eugster, Nicolas, Kowalewski, Oskar, and Spiewanowski, Piotr (2024). Internal governance mechanisms and corporate misconduct. International Review of Financial Analysis 92 103109 103109. https://doi.org/10.1016/j.irfa.2024.103109

Fang, Hongxing, Chen, Linghong, Xiong, Jiacai and Zhu, Yushu (2024). Social trust and entrepreneurship: insights from China's Social Credit System. Finance Research Letters, 62 105118, 1-10. doi: 10.1016/j.frl.2024.105118

Haq, Mamiza, Ongena, Steven, Pu, Juying and Tan, Eric K. M. (2024). Do banks engage in earnings management? The role of dividends and institutional factors. Journal of Banking and Finance, 168 107287, 107287. doi: 10.1016/j.jbankfin.2024.107287

Houqe, Muhammad Nurul, Michael, Michael, Ali, Muhammad Jahangir and Rahman, Dewan (2024). Company reputation and dividend payout. Meditari Accountancy Research, 32 (6), 2261-2297. doi: 10.1108/MEDAR-12-2023-2249

Im, Hyun Joong, Selvam, Srinivasan and Tan, Kelvin J.K. (2024). Effect of stock liquidity on the economic value of patents: Evidence from U.S. patent data. International Review of Financial Analysis, 94 103314, 103314. doi: 10.1016/j.irfa.2024.103314

Kabir, Muhammad, Rahman, Dewan and Jamil, Taher (2024). Torn between Two Debt Types? The Role of Managerial Ability in a Firm's Choice Between Bank Loans and Public Debt. Journal of Banking & Finance, 164 107205, 1-17. doi: 10.1016/j.jbankfin.2024.107205

Neupane, Biwesh, Thapa, Chandra, Marshall, Andrew, Neupane, Suman and Shrestha, Chaman (2024). Do foreign institutional investors improve board monitoring?. Journal of International Financial Markets, Institutions and Money, 91 101962, 101962. doi: 10.1016/j.intfin.2024.101962

Quan, Xiaofeng, Tan, Kelvin Jui Keng and Li, Donghui (2024). An introduction to frontier on corporate finance and capital market development in China. Pacific Basin Finance Journal, 87 102504, 102504. doi: 10.1016/j.pacfin.2024.102504

Rahman, Dewan, Haque, Anamul, Kabir, Muhammad and Bin Hasan, Shehub (2024). Firm-level political risk and equity issuance. Journal of International Financial Markets, Institutions & Money, 91 101944, 101944. doi: 10.1016/j.intfin.2024.101944

Wang, Yujie, Nadeem, Muhammad, Malik, Ihtisham and Xiong, Ling (2024). Board gender reforms and voluntary disclosure: international evidence from management earnings forecasts. Corporate Governance: An International Review, 32 (5), 890-914. doi: 10.1111/corg.12569

Xiong, Jiacai, Yang, Zelin and Zhu, Yushu (2024). Does Information Infrastructure Curb Corporate R&D Manipulation? Evidence from China. Economics Letters, 235 111562, 111562. doi: 10.1016/j.econlet.2024.111562

Biswas, Pallab Kumar, Ranasinghe, Dinithi and Tan, Eric K. M. (2023). Impact of product market competition on real activity manipulation: moderating role of managerial ability. Accounting and Finance, 63 (1), 247-275.

Bond, Shaun, Pai, Yu-Jou, and Zheng, Suyan (2023). Homemade equity offerings via dividend reinvestment and stock purchase plans. Review of Financial Economics 41 (2) 197-216. https://doi.org/10.1002/rfe.1172

Bond, Shaun, Wu, Wentao and Zheng, Suyan (2023). Seasonal Patterns of Earnings Releases and Post-Earnings Announcement Drift. The Quarterly Review of Economics and Finance, 91, 15-24. doi: 10.1016/j.qref.2023.07.003

Chen, Yongming and Li, Hui (2023). The dual purpose of insider trading: Signaling quality and battling shorts. Finance Research Letters 55 104011 1-9. https://doi.org/10.1016/j.frl.2023.104011

Chowdhury, Hasibul and Rahman, Shofiqur (2023). Do tournament incentives affect corporate dividend policy?. Journal of Banking and Finance, 152 106877, 1-14.

Eugster, Nicolas and Wang, Qingxia (2023). Large blockholders and stock price crash risk: an international study. Global Finance Journal, 55 100799, 1-25.

Heeney, Luke, Yang, Shanelle, Chowdhury, Hasibul and Tan, Kelvin Jui Keng (2023). Corporate cash holdings through economic policy uncertainty: An Australian study. Pacific-Basin Finance Journal, 79 102008, 1-10.

Malik, Ihtisham, Chowdhury, Hasibul and Alam, Md Samsul (2023). Equity market response to natural disasters: Does firm's corporate social responsibility make difference?. Global Finance Journal, 55 100801.

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.

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.

Quan, Xiaofeng, Xiang, Cheng, Li, Donghui and Tan, Kelvin Jui Keng (2023). To see is to believe: Corporate site visits and mutual fund herding. Financial Management.

Rahman, Dewan and Kabir, Muhammad (2023). Does board independence influence annual report readability?. European Accounting Review, 1-28.

Rahman, Dewan, Kabir, Muhammad, Ali, Muhammad Jahangir and Oliver, Barry (2023). Does product market competition influence annual report readability?. Accounting and Business Research, ahead-of-print (ahead-of-print), 1-32.

Rahman, Shofiqur and Chowdhury, Hasibul (2023). Tournament-based incentives and the lease-versus-buy decision. Journal of Banking and Finance, 148 106730.

Zaman, Rashid, Asiaei, Kaveh, Nadeem, Muhammad, Malik, Ihtisham and Arif, Muhammad (2023). Board demographic, structural diversity, and eco-innovation: International evidence. Corporate Governance: An International Review.

Zheng, Jiayi and Zhu, Yushu (2023). Algorithmic trading and block ownership initiation: an information perspective. The British Accounting Review, 55 (4), 101146.

Zheng, Jiayi, Chowdhury, Hasibul, Hossain, Md Safayat and Gupta, Kartick (2023). Tournament-based incentives and media sentiment. Journal of Contemporary Accounting and Economics, 19 (2) 100353, 100353.


Asset Pricing and Financial Markets

Asset pricing studies how financial assets (e.g., shares, bonds, derivatives, etc.) are priced and encompasses the body of knowledge used to support the decision-making process of choosing investments. Research conducted by finance academics from the UQ Business School in this area includes firm valuation, cost of capital, financial modelling, financial risk management, market anomalies, and funds and assets management.

Experts

Prof Emanuele Bajo; Dr Chris Bell; Prof Shaun Bond; Prof Robert Faff; Prof Stephen Gray; Dr Khoa Hoang; Dr Weiting Hu; Dr Ronghong Huang; A/Prof Jacquelyn Humphrey; Dr Ihtisham Malik; Prof Rumi MasihDr Suman Neupane-Joshi; Dr Vanitha Ragunathan; Dr Dewan Rahman; Dr Eric (Kian) Tan; Mark TannerA/Prof Min Zhu.

Recent publications

Albert J. Menkveld, Anna Dreber, Felix Holzmeister, Juergen Huber, Magnus Johannesson, Michael Kirchler, Michael Razen, Utz Weitzel, David Abad, Menachem (Meni) Abudy, Tobias Adrian, Yacine Ait-Sahalia, Olivier Akmansoy, Jamie Alcock, Vitali Alexeev, Arash Aloosh, Livia Amato, Diego Amaya, James Angel, Amadeus Bach, Edwin Baidoo, Gaetan Bakalli, Andrea Barbon, Oksana Bashchenko, Parampreet Christopher Bindra, Geir Hoidal Bjonnes, Jeff Black, Bernard S. Black, Santiago Bohorquez, ... Zhen-Xing Wu (2024). Nonstandard errors. The Journal of Finance 79 (3) 2339-2390. https://doi.org/10.1111/jofi.13337

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

Hoang, Lai T., Tan, Eric K.M. and Yang, Joey W. (2024). The investment behavior of China-connected mutual funds in the pandemic: Information advantage through operational link. International Review of Financial Analysis, 95 103309, 103309. doi: 10.1016/j.irfa.2024.103309

Huang, Jiexiang, Roberts, Helen and Tan, Eric K.M. (2024). Media uncertainty and risk-taking. International Review of Financial Analysis, 91 102930, 1-21. doi: 10.1016/j.irfa.2023.102930

Neupane, Suman, Fan, Zhebin, Yanes Sanchez, Daniel and Neupane, Biwesh (2024). Diverse investor reactions to the COVID-19 Pandemic: Insights from an emerging market. Journal of International Financial Markets, Institutions and Money, 93 102000, 102000. doi: 10.1016/j.intfin.2024.102000

O’Neill, Michael, Sun, Jie (Felix), Warren, Geoffrey and Zhu, Min (2024). Scale diseconomies and capacity in fund management: variation across equity markets. Journal of Accounting Literature, ahead-of-print (ahead-of-print). doi: 10.1108/JAL-05-2024-0094

Tang, Lu, Tan, Eric K.M. and Low, Rand (2024). Complements or substitutes? The effect of ETFs on other managed funds. International Review of Financial Analysis, 95 103414, 103414. doi: 10.1016/j.irfa.2024.103414

Wei, Wang Chun, Koutmos, Dimitrios and Zhu, Min (2024). Are Bitcoin option traders speculative or informed?. Finance Research Letters, 67 105739, 105739. doi: 10.1016/j.frl.2024.105739

Zhang, Zikai and Neupane, Suman (2024). Global IPO underpricing during the Covid-19 pandemic: The impact of firm fundamentals, financial intermediaries, and global factors. International Review of Financial Analysis, 91 102954, 1-16. doi: 10.1016/j.irfa.2023.102954

Cannavan, Damien, Gray, Stephen and Hall, Jason (2023). Sampling error and the joint estimation of imputation credit value and cash dividend value. Accounting and Finance, 63 (S1), 1029-1068.

Hoang, Khoa, Huang, Ronghong, and Truong, Helen (2023). Resurrecting the market factor: a case of data mining across international markets. Pacific-Basin Finance Journal 82 102183 1-27. https://doi.org/10.1016/j.pacfin.2023.102183

Neupane, Suman, Thapa, Chandra and Vithanage, Kulunu (2023). Context-Specific Experience and Institutional Investors’ Performance. Journal of Banking & Finance, 149 106786, 106786.

Ye, Qiaozhi, Huang, Ronghong and Tan, Kelvin Jui Keng (2023). Missing the boat: regulatory approval delay and investment project outcomes. The British Accounting Review 101186, 1-27.


Sustainable Finance

Sustainable finance or green finance is the set of financial regulations, standards, norms, and investment decisions that pursue environmental, social, and governance (ESG) objectives. Research conducted by finance academics from the UQ Business School in this area includes corporate social responsibility and ESG, responsible finance, impact investing, and climate finance.

Experts

Dr Hasibul Chowdhury; Dr Nicolas Eugster; A/Prof Jacquelyn Humphrey; Dr Leo (Hoang) Luong; Dr Ihtisham Malik; Dr Suman Neupane-Joshi; Dr Lily (Huong) Nguyen; Dr Dewan Rahman; Dr Saphira Rekker; Dr Kelvin (Jui) Tan.

Recent publications

Borsuk, Marcin, Eugster, Nicolas, Klein, Paul-Olivier, and Kowalewski, Oskar (2024). Family firms and carbon emissions. Journal of Corporate Finance 89 102672 102672. https://doi.org/10.1016/j.jcorpfin.2024.102672

Botrel, Clara Almeida, Rekker, Saphira, Wade, Belinda and Wilson, Syvannah (2024). Understanding the lobbying actions taken by the Australian renewable energy industry. Journal of Cleaner Production, 434 139674, 1-13. doi: 10.1016/j.jclepro.2023.139674

Chang, Yuyuan, He, Wen and Mi, Lin (2024). Climate risk and payout flexibility around the world. Journal of Banking and Finance, 166 107233, 107233. doi: 10.1016/j.jbankfin.2024.107233

Humphrey, Jacquelyn, Rekker, Saphira, Gilbert, Aaron, Henry, Ella, and Scott, Ayesha (2024). Sustainable Finance. Brisbane, Australia: The University of Queensland.https://doi.org/10.14264/b2ba0a3

Pearson, Samuel, Hornsey, Matthew J., Rekker, Saphira, Wade, Belinda and Greig, Chris (2024). Publicly expressed climate scepticism is greatest in regions with high CO2 emissions. Climatic Change, 177 (5) 79. doi: 10.1007/s10584-024-03740-3

Emodi, Nnaemeka Vincent, Rekker, Saphira, Greig, Chris, Wade, Belinda, Inekwe, John Nkwoma and Zakari, Abdulrasheed (2023). The contribution of cross-border capital flow towards decarbonisation. Journal of Cleaner Production, 405 137040, 137040.

Nguyen, Quyen, Diaz-Rainey, Ivan, Kuruppuarachchi, Duminda, McCarten, Matthew and Tan, Eric K.M. (2023). Climate transition risk in U.S. loan portfolios: are all banks the same?. International Review of Financial Analysis, 85 102401, 1-39.

Rekker, Saphira, Chen, Guangwu, Heede, Richard, Ives, Matthew C., Wade, Belinda and Greig, Chris (2023). Evaluating fossil fuel companies’ alignment with 1.5 °C climate pathways. Nature Climate Change, 1-8.

Treepongkaruna, Sirimon, Chan, Kam Fong and Malik, Ihtisham (2023). Climate policy uncertainty and the cross-section of stock returns. Finance Research Letters, 55 (Part A) 103837, 1-8.


Behavioural Finance

Behavioural finance is the study of the influence of psychology on the behaviour of financial players (e.g., investors, analysts, etc.) and its subsequent effects on the markets. Research conducted by finance academics from the UQ Business School in this area includes investor behaviour, market sentiment, and managerial overconfidence.

Experts

Dr Weiting Hu; Dr Ronghong Huang; Dr Shirina Lin; Dr Leo (Hoang) Luong; Dr Suman Neupane-Joshi; A/Prof Kelvin Tan; A/Prof Min Zhu.

Recent publications

Fan, Zhebin and Neupane, Suman (2024). Investor horizon, experience, and the disposition effect. Journal of Behavioral and Experimental Finance, 44 101003, 101003. doi: 10.1016/j.jbef.2024.101003

Chang, Dianna, Chang, Xin, He, Yu and Tan, Kelvin Jui Keng (2022). The determinants of COVID-19 morbidity and mortality across countries. Scientific Reports, 12 (1), 5888.

Chowdhury, Hasibul, Hossain, Ashrafee, Tan, Kelvin and Zheng, Jiayi (2022). Do external labor market incentives improve labor investment efficiency?. Journal of Behavioral and Experimental Finance, 34 100648, 100648.


Real Estate Finance

Real estate finance is the academic study of the financing and investment decisions made by corporations and individuals with regard to commercial and residential properties. It is an interdisciplinary field of study with close connections to finance theory, economics, law, and urban studies. Research conducted by finance academics from the UQ Business School in this area includes the risk and return characteristics of real estate investment trusts (REITs) and private and commercial real estate markets, along with the performance of fund managers, and the development of quantitative models of real estate volatility.

Experts

Prof Shaun Bond; Mr Alex Cameron; Dr Lin Mi

Recent publications

Bond, Shaun, Guo, Hui and Yang, Changyu (2022). Systematic Mispricing: Evidence from Real Estate Markets. The Journal of Real Estate Finance and Economics.

Bond, Shaun A. and Eriksen, Michael D. (2020). The role of parents on the home ownership experience of their children: evidence from the health and retirement study. Real Estate Economics, 49 (2) 1540-6229.12332, 433-458.

Academic Researchers 

A/Prof Jacquelyn Humphrey, Discipline Convenor – Sustainable/responsible finance, ESG, funds management

Prof Shaun Bond, Deputy Head of School – Real estate finance and financial economics

Dr Chris Bell – Bond markets, financial sustainability,  systemically important banks, market discipline

Mr Alex Cameron – Real estate finance

Dr Yong Ming Chen – Insider trading

Dr Hasibul Chowdhury – Corporate finance, executive compensation, corporate social responsibility

Dr Nicolas Eugster – Corporate finance, ownership structure, family firms, sustainable finance

Prof Joseph Fan – Corporate governance, family firm governance, corporate finance

Prof Stephen Gray – Valuation, cost of capital, corporate financial strategy, financial modelling, financial risk management, creation of shareholder value

Dr Khoa Hoang – Earnings and returns predictability, market anomalies, cost of capital estimation and corporate valuation, real effects of stock markets on corporate decisions

Dr Weiting Hu – Market microstructure, behavioural finance, fintech

Dr Ronghong Huang – Behavioural corporate finance, corporate investment, capital structure, cost of capital

Dr Shirina Lin – CEO characteristics, corporate governance, political engagement

Dr Leo (Hoang) Luong – Corporate finance/corporate governance, innovation, sustainable finance

Dr Ihtisham Malik – Climate finance, asset pricing, insider trading, financial markets

Prof Rumi Masih – Empirical finance, financial econometrics, investment management, asset allocation, risk management

Dr Lin Mi – Corporate finance, real estate finance

Dr Suman Neupane-Joshi – Environmental finance, investor behaviour, IPOs, emerging market finance, corporate governance

Dr Lily (Huong) Nguyen – Corporate finance, corporate governance, institutional investors, corporate innovation, climate finance

Dr Vanitha Ragunathan – Corporate governance, empirical asset pricing, financial markets

Dr Dewan Rahman – Corporate finance, insider trading, corporate governance, corporate disclosures

Dr Saphira Rekker – Science-based climate change, climate finance

Dr Eric (Kian) Tan – Funds management, investments, empirical corporate finance

Dr Kelvin (Jui) Tan – Corporate finance, capital structure, debt financing, climate finance, labour economics

Mr Mark Tanner  – Financial markets, investments, risk management

Dr Elizabeth (Yushu) Zhu – Corporate finance, corporate governance, entrepreneurial finance, crowd funding, banking

A/Prof Min Zhu – Asset management, empirical asset pricing, fintech


Other Academics

Prof Emanuele Bajo (Honorary Prof)

Emeritus Prof Robert Faff (Emeritus Prof)

Emeritus Prof Allan Hodgson (Emeritus Prof)

Prof Richard Howes (Industry Prof)

A/Prof Barry Oliver (Honorary A/Prof)

 

Finance Discipline academics


PhD Students

  • Aaron Klok (supervised by Prof Shaun Bond and A/Prof Min Zhu)
  • Abdullah Qari (supervised by A/Prof Min Zhu and Dr Eric Tan)
  • Alexander Cameron (supervised by Prof Shaun Bond and Prof Stephen Gray)
  • Ann Le (supervised by Dr Lily Nguyen and Dr Hoang Luong)
  • Brendan Han (supervised by Dr Eric Tan and Dr Huong Giang Nguyen)
  • Daniel Byers (supervised by Dr Ken Tann, Prof Peter Clarkson and Prof Stephen Gray)
  • Domenic McEwan (supervised by EmPr Allan Hodgson and Dr Hasibul Chowdhury)
  • Jonathan Hearn (supervised by Dr Khoa Hoang and Dr Ronghong Huang)
  • Lachlan Michalski (supervised by Prof Robert Faff and Dr Kwong Low)
  • Manchanahalli Rao (supervised by Dr Saphira Rekker, A/Prof Jacquelyn Humphrey and Prof Christopher Greig)
  • Mark Tanner (supervised by A/Prof Barry Oliver and Prof William von Hippel)
  • Martin Groen (supervised by EmPr Thomas Smith and A/Prof Martina Linnenluecke)
  • Md Imran Hossain (supervised by Dr Dewan Rahman and Dr Suman Neupane-Joshi)
  • Mohak Raitani (supervised by A/Prof Jacquelyn Humphrey, A/Prof Smita Kashiramka and Dr Suman Neupane-Joshi)
  • Muhammad Asger (supervised by Dr Dewan Rahman, A/Prof Barry Oliver and Dr Muhammad Kabir)
  • Runxi Liu (supervised by Dr Khoa Hoang and Dr Ronghong Huang)
  • Russell Newsham (supervised by Dr Saphira Rekker, Dr Cle-Anne Gabriel, Dr Phillip Crothers and Heidi Hauf)
  • Shanelle Yang (supervised by Dr Hasibul Chowdhury and A/Prof Kelvin Tan)
  • Timothy Estreich (supervised by Dr Hasibul Chowdhury and Dr Nicolas Eugster)
  • Trevor Maher (supervised by Prof Robert Faff and Prof Philip Neck)
  • Wenbin Hu (supervised by Dr Hasibul Chowdhury and A/Prof Kelvin Tan)
  • Xuan Mi (supervised by A/Prof Kelvin Tan and Dr Ronghong Huang)
  • Yilan Cui (supervised by Dr Nicolas Eugster and Dr Luong Luong)
  • You Zhang (supervised by Dr Elizabeth Zhu and Dr Grace Hsu)
  • Yu Zhao (supervised by Dr Ronghong Huang, A/Prof Kelvin Tan and Dr Khoa Hoang)
  • Zan Ye (supervised by Prof Robert Faff and Dr Khoa Hoang)
  • Zhengai He (supervised by Dr Eric Tan and A/Prof Min Zhu)
  • Zhengjin Jiao (supervised by Dr Dewan Rahman, Dr Mohammad Shehub Bin Hasan and Dr Muhammad Kabir)
  • Zhikai Lin (supervised by A/Prof Kelvin Tan and Dr Lei Zhang)
  • Zhuoran Li (supervised by A/Prof Min Zhu and Prof Denis Leung)
  • Zikai Zhang (supervised by Dr Suman Neupane-Joshi and Dr Dewan Rahman)

Current grants

Title: Limiting False Positives in Empirical Asset Pricing Tests (2024-2027)

Grant type: ARC Discovery Projects

Funded by: Australian Research Council

Researcher(s): A/Prof Min Zhu

 

Title: Paris-compliance: assessing companies and portfolios (2024-2027)

Grant type: Discovery Early Career Researcher Award

Funded by: Australian Research Council

Researcher(s): Dr Saphira Rekker

 

Title: Corporate Behaviour & Climate-related Financial Disclosure (2024-2027)

Grant type: Office of the Australian Accounting Standards Board

Funded by: Australian Accounting Standards Board

Researcher(s): Prof Kathlee Herbohn, Prof Belinda Wade, Dr Saphira Rekker, Dr Michael Turner, Mr Ankit Jain

 

Title: Expected Economic, Social, and Environmental Impacts: Analysis of Gowrie Junction to Ebenezer (2024-2025)

Grant type: National Truck Rail Pty Ltd

Funded by: National Truck Rail Pty Ltd

Researcher(s): Dr Suman Neupane-Joshi, Dr Eric Tan

 

Title: The impact of recognising operating leases on corporate financing decisions: Evidence from ASC 842 (2024)

Grant type: Accounting and Finance Association of Australia and New Zealand

Funded by: Accounting and Finance Association of Australia and New Zealand

Researcher(s): A/Prof Kelvin Tan

 

Title: Cross-listing, the legal bonding hypothesis and insider trading (2023-2024)

Grant type: AFAANZ Research Grants

Funded by: Accounting and Finance Association of Australia and New Zealand

Researcher(s): Dr Dewan Rahman

 

Title: Macoun Research Scholar Program (2021-2025)

Grant type: Macoun Charitable Foundation

Funded by: Macoun Charitable Foundation

Researcher(s): Prof Shaun Bond, Prof Stephen Gray, Dr Nicolas Eugster


HDR supervisions

Board chair's early-life experience and corporate policies (PA: Dr Elizabeth Zhu)
Boards, corporate governance, and innovation: A global perspective (PA: Dr Lily Nguyen; AA: Dr Hoang Luong)
CEO characteristics and their firms: Overconfidence, narcissism, and corporate psychopath (AA: Dr Dewan Rahman)
CEOs' early-life disaster experiences and management styles (PA: Dr Suman Neupane-Joshi; AA: A/Prof Kelvin Tan)
Climate Change and its impact on Indian Financial Markets (PA: A/Prof Jacquelyn Humphrey; AA: Dr Suman Neupane-Joshi)
Climate Change Risk and Labor Investment Efficiency (PA: Dr Hasibul Chowdhury; AA: A/Prof Kelvin Tan)
Corporate venture capital investment in China (PA: Dr Hasibul Chowdhury; AA: A/Prof Kelvin Tan)
Design for minimum environmental footprint (PA: Dr Saphira Rekker)
Determinants of SPAC Investment Performance (PA: A/Prof Kelvin Tan; AA: Dr Ronghong Huang)
Effect of Mandatory Climate-related Disclosure on Firm Risk: Evidence from New Zealand (PA: Dr. Jamie Tong; AA: Dr. Lin Mi)
Essays on Debt Contracting (PA: Dr Hasibul Chowdhury; AA: A/Prof Kelvin Tan)
Essays on environmental finance (PA: Dr Suman Neupane-Joshi; AA: A/Prof Kelvin Tan)
Exploitative or Exploratory Innovation? Incentive Pay Duration and Innovation Strategy: Evidence from an Exogenous Regulatory Change (FAS 123-R) (PA: A/Prof Kelvin Tan; AA: Dr Ronghong Huang)
Financial Market Sentiment and Asset Pricing (PA: Prof Shaun Bond; AA: A/Prof Min Zhu)
Firm-level political risks, CEO turnover, and CEO compensation (PA: Dr Ronghong Huang; AA: Dr Khoa Hoang, A/Prof Kelvin Tan)
Integration of financial and language analysis to predict future security price behaviour (PA: Dr Ken Tann; AA: Prof Stephen Gray, Prof Peter Clarkson)
Manager Characteristics and Performance (PA: A/Prof Min Zhu; AA: Dr Eric Tan)
Paris Alignment in Finance (PA: Dr Saphira Rekker; AA: A/Prof Jacquelyn Humphrey)
Portfolio Managerial Ownership and Mutual Fund Investment Behaviours (PA: Dr Eric Tan; AA: A/Prof Min Zhu)
Proxy contest, board interlocks, and insider trading (PA: Dr Dewan Rahman)
Social Capital and Market Reaction to Earnings Announcement (PA: A/Prof Kelvin Tan; AA: Dr Ronghong Huang)
Socially Responsible Investing (SRI): Stability of Financial Returns in Volatile Climates (AA: Dr Hasibul Chowdhury)
Sustainable investment decisions and the value of the firm: the roles of managers and corporate financial policies (PA: A/Prof Jacquelyn Humphrey; AA: A/Prof Kelvin Tan)
Technology Spillovers, Information Environment, and Corporate Outcomes (PA: Dr Dewan Rahman; AA: Dr Suman Neupane-Joshi)
The Impact of Investment Sentiment and Macroeconomic Shocks on Stock Prices (PA: Dr Khoa Hoang; AA: Dr Hasibul Chowdhury)
The Impact of Political Corruption on Insider Trading in the United States (PA: Dr Hasibul Chowdhury; AA: Dr Nicolas Eugster)
The Real Effect of Time-Varying Equity Term Structure (PA: Dr Khoa Hoang; AA: Dr Ronghong Huang)
The Role of AI-Leadership interaction in improving expenditure management in Australian local government procurement processes (PA: Dr Saphira Rekker)
The role of retail investors in the Chinese capital markets (PA: Dr Elizabeth Zhu; AA: Dr Grace Hsu)
Three Essays in Real Estate Asset Pricing (PA: Prof Shaun Bond; AA: Prof. Stephen Gray)
Three essays on the impact of exchanged-traded funds (PA: A/Prof Kelvin Tan)
Turning the tables of influence: Businesses climate change initiatives and government policy (PA: Dr Belinda Wade; AA: Dr Saphira Rekker)
What Trading Frictions Drive the Persistence of Anomaly Profitability Outside of the US? (PA: Dr Khoa Hoang; AA: Dr Ronghong Huang)

Note: PA and AA stand for Principal Advisor and Associate Advisor, respectively.