Dear Lecturers, Researchers and Students,
With the aim of building an academic environment and learning from the research colloquium or brown-bag seminar models of prestigious universities in the world, the School of Economics, University of Economics Ho Chi Minh City, has organized regular Small Talks Big Ideas (STBI) seminars at 11:00 every Thursday since 2014.
 In 2022, STBI seminars are going to be developed to become a regular academic activity under the UEH College of Economics, Law and Government. Thereby giving young lecturers, PhD students and graduate students opportunities to learn useful things from experienced lecturers and professors in research career path.
The College of Economics, Law and Government would like to respectfully invite lecturers/ researchers to come and share your experiences at  the 1st CELG seminar:

Topic: Uncertainty and corporate default risk: Novel evidence from emerging markets
Presenters: Dr Nguyen Duc Nguyen and Dr Nguyen Phuc Canh
Time: 10:00 AM (Time in Vietnam), Thursday 26th May 2022
Location: Room B1-1001, 279 Nguyen Tri Phuong St, Ward 5, Dist 10, HCMC

To register and submit a report, please fill out this form: https://forms.gle/S2cXvmWptwn5pux66

Abstract:
Significant attention has been paid in the literature to the socioeconomic consequences of uncertainty; however, few studies have been devoted to the effects on corporate default risk. This study endeavours to fill this gap by investigating the influence of uncertainty on corporate default risk in the context of 26 emerging markets covering the period 1991–2019. Applying panel estimates, the results are robust and consistent. Uncertainty is positively associated with firm default risk measured by the Distance to Default. Interestingly, the impact of uncertainty tends to be greater for the lowest and highest risk firms. The study further finds that uncertainty is positively associated with firm risk-taking behaviour and the cost of debt, while it is negatively associated with cash holdings and financial performance. These effects play as channels of uncertainty impacting firm default risk. Lastly, the results show that the influence of uncertainty on firm risk is less pronounced for larger firms and firms operating in more developed stock markets.

About presenters:

Dr. Nguyen Duc Nguyen
Duc Nguyen receives his Ph.D. in Banking and Finance from Western Sydney
University, Australia. Nguyen has published his work in some peer-reviewed journals, such as Journal of International Financial Markets, Institutions and Money; Journal of Behavioral and Experimental Finance; Emerging Markets Finance and Trade; Economic Analysis and Policy; and Journal of Asian Business and Economic Studies.
His research topics include bank and corporate risk, innovation, and market
competition. Before joining the academia, he worked at the Bank for Foreign Trade of Vietnam for five years.

Dr Nguyen Phuc Canh
Dr. Canh is Senior Lecturer at School of Public Finance, University of Economics Ho Chi Minh City (UEH), Vietnam. He is also Research Fellow at Health and Agricultural Policy Research Institute (HAPRI), UEH. He received his B.A and M.A in Banking and Finance, and PhD in Economics from UEH as the top graduate. He has worked as Postdoctoral Research at RMIT University in 2019. He was also Research Fellow at Leicester Institute of Advanced Studies, University of Leicester (UK) from 2020Feb to 2020 May.
Dr.Canh had overall responsibility for managing, organizing, running and developing the Journal of Asian Business and Economic Studies as Deputy Editor in Chief from 2017Sep to 2020Dec, which is published by Emerald, at University of Economics Ho Chi Minh City. He has actively participated in researching, organizing workshops, seminars and conferences in UEH for both lecturers and students. Dr. Canh serves on a variety of other committees within and outside of the University.
His research focuses on applied economics through interdisciplinary approach with the aim at the 17 Sustainable Development Goals. Specifically, the topics are among macroeconomic policies (monetary policy and fiscal policy), institutional economics, environmental economics, energy economics, ecological economics, tourism economics. He has now over 70 publications in peer-reviewed journals (SSCI, SCI, SCIE, Scopus, ABDC list). Some publications are in top field journals such as Journal of Travel Research, Annals of Tourism Research, Economic Modelling, Energy Economics. He is serving as reviewers for several journals such as Journal of Institutional Economics, Resources Policy, Journal of Environmental Economics, Economic Systems, Studies in Economics and Finance, International Journal of Finance and Economics. He is a part of several research projects such as the research consortium between RMIT, UEH, University of Leicester, VIRI, VICAS, and HAPRI. He also received several internal and external funds from UEH and external funds (e.g., NAFOSTED, Ministry of Education and Training Vietnam, the British Academy).

We wish you and your family good health and happiness.
CELG