Dr Viet Dang

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Profile photo of: Dr Viet Dang Email: Show Email Address
Position: Senior Lecturer in Finance
Academic unit: Accounting and Finance


Viet is a Senior Lecturer in Finance (Associate Professor) at Alliance Manchester Business School. He joined the School after successfully completing a PhD in Financial Economics at Leeds University Business School, where he had previously obtained his MA (with Distinction) in Economics and Finance. His current research interests are empirical issues in corporate finance, with a special focus on capital structure.

Viet's PhD thesis was awarded the Best PhD Paper Award at the Financial Management Association (FMA) European Conference in 2007. His recent studies have been nominated various Best Paper Awards at the FMA Annual Meetings (Semi-finalist) and European Conference (Finalist), as well as the European Financial Management Association (EFMA) Conference. Viet's research was funded by the UK's Economic and Social Research Council (ESRC) and has appeared, or is forthcoming, in world-leading and reputable finance journals, such as the Review of Financial Studies, Journal of Corporate Finance, Journal of Banking and Finance, and Journal of Empirical Finance.

Viet has served as a reviewer for UK research councils and several international academic journals in business finance, accounting, and economics, including the Journal of Corporate Finance, Journal of Banking and Finance, Journal of Business Finance and Accounting, Economics Letters, Financial Review, Journal of Business Research, European Journal of Finance, Accounting and Business Research, and British Accounting Review. He is a member of the American Finance Association (AFA), FMA, Society for Financial Studies (SFS), European Finance Association (EFA), and EFMA. Viet was a founding member of the Vietnam Finance Association International (VFAI).

Research Interests

Viet's research interests are in the following areas in Corporate Finance:

- Corporate capital structure: dynamic trade-off models, the effect of financial crises, and debt conservatism;

- Corporate finance and labor-related issues: cash holdings and skilled labor / employee welfare;

- Interactions among corporate financial policies (e.g., debt maturity), investment decisions, public listing, and stock prices;

- Trade credit and public vs. private firms;

- Financial contracting;

- Applied financial econometrics (e.g., developing and evaluating dynamic panel data methodologies);

- Corporate payout and hedging.

Viet's working papers can be found on SSRN. Stata codes for dynamic panel threshold models are also available here.

Media Coverage

Research Grants and Awards

1. Outstanding Contribution Award -- Vietnam Finance Association International, September 2015.

2. Nomination for the Best Paper Award -- EFMA Conference, June 2015 & FMA Annual Meetings (Semi-finalist), October 2015.

3. Nomination for the Best Paper Award -- FMA European Conference (Finalist), June 2015.

4. "Threshold Regression Models in Dynamic Heterogeneous Panels"; ESRC research grant award, duration 12/2008-12/2010; joint with Prof. Yongcheol Shin (PI) of Leeds University Business School.

5. "Institutional Investors, Financial Innovation and the Real Economy", Research grant award from Alliance MBS Research Investment Fund, duration 10/2015-07/2018; joint with several colleagues in Manchester Accounting and Finance Group.

6. Best PhD Paper Award -- FMA European Conference, June 2007.

Further Information

Viet currently teaches on the following course units:

- Cross-sectional Econometrics (Core course unit, MSc. Accounting and Finance/Finance/Finance and Business Economics).

- Advanced Corporate Finance (MBA Elective and PhD).

He has been supervising between 5 and 7 MSc. Finance Dissertations per year since 2007.

He has supervised 3 PhD students to completion and is currently supervising 1 PhD student in the field of empirical corporate finance.

PhD Opportunities

Viet is interested in supervising PhD students within his research interests (see the Research tab). Further information on the application process can be found in the links below:

- General information, Programme overview and Entry requirements

- Making applications

- Fees and Funding

Viet welcomes informal enquiries from potential PhD students via email.

Previous and current PhD students:

- Cuong Manh Nguyen (completed in 10/2012): co-supervision with Prof. Ian Garrett. Thesis title: "Three essays in capital structure and cash holdings". Placement: University of East London.

- Mohamed Ghaly (9/2011 -- 5/2015): co-supervision with Dr. Konstantinos Stathopoulos. Thesis title: "Labor Economics and Corporate Finance". Placement: University of Lancaster.

- Yomna Abdulla (9/2012 -- 9/2015): co-supervision with Prof. Arif Khurshed. Thesis title: "Debt Maturity and Trade Credit in Public and Private Firms". Placement: University of Bahrain.

- Yangke Liu (9/2014 -- present): co-supervision with Prof. Ed Lee and Dr. Colin Zeng. Topic: "Financial Policies and Stock Price Crash Risk".

Programme involvement

Specialist fields




Publication summary




Showing 17 publication(s)


  • Dang, V. A., Lee, E., Liu, Y., & Zeng, C. (2017). Corporate Debt Maturity and Stock Price Crash Risk. European Financial Management. . Publication link: c45c41b3-dc9b-4811-a730-a70767ed8fa0
  • Ghaly, M., Dang, V. A., & Stathopoulos, K. (2017). Cash Holdings and Labor Heterogeneity: The Role of Skilled Labor. Review of Financial Studies. . Publication link: c1623fa2-6b05-4959-8d7b-b93dc71c4596



  • Abdulla, Y., Dang, V. A., & Khurshed, A. (2015). The Use of Trade Credit by Public and Private Firms: An Empirical Investigation. In FMA Annual Meetings.. Publication link: 7ac460b2-8b44-46de-9b37-b69b250c0e06




  • Shin, Y., & Dang, V. (2012). Threshold Regression Models in Dynamic Heterogeneous Panels: ESRC Impact Report. Swindon: ESRC: ESRC.. Publication link: bf5b74fc-a1c4-4965-bc5a-58f30a6ecc75