Associate Professor Dr. Dang Tung Lam, Head of the Finance Department, is participating in a scholar exchange program at a leading US university in the field of Business.
During his participation in the Scholar Exchange Program, Assoc. Prof. Dr. Dang Tung Lam will conduct two studies: (1) The impact of carbon emissions on the adjustment of the target capital structure of enterprises, and (2) The impact of mandatory disclosure of Environmental, Social, and Governance (ESG) activities on the cost of equity capital. His first study investigates whether carbon emissions affect the speed of adjustment of the target capital structure of enterprises; Simultaneously, the study examines whether the risk of financial distress and investor interest in ESG are mechanisms that directly influence the adjustment of dynamic capital structure.
Professor Lam's second study explores the impact of mandatory ESG disclosure on the cost of equity capital, and identifies information asymmetry and investor interest in ESG as transmission mechanisms. Through these studies, Professor Lam aims to clarify the relationship between sustainable operating practices and corporate financial decisions, providing scientific arguments to help shape policies and regulations aimed at achieving sustainable development goals.
The Kelley School of Business at Indiana University, where Professor Lam will spend three months during the program, is considered one of the leading schools for business education. In its most recent ranking, Bloomberg Businessweek ranked Kelley Business School first among public business schools and fourth nationally for its undergraduate Bachelor of Business Science program among over 100 top business schools in the United States. Participating in this academic exchange program and working here provides Professor Dang Tung Lam with the opportunity to continue his research and expand his collaborative relationships with leading scholars in his field.
In addition to conducting research, Professor Lam will attend seminars and conferences related to his research, stay updated on the latest advancements, and build a professional network. He will also participate in specialized training sessions and workshops to develop skills relevant to sustainable finance research, aiming to continue conducting impactful research in the future.
Upon completion of the program, Associate Professor Dr. Dang Tung Lam will return to Vietnam, where he will continue to share his new knowledge and experience with colleagues and students at the University of Da Nang, contributing to promoting academic excellence and innovation, inspiring the next generation of researchers, and fostering interdisciplinary collaboration domestically and internationally.
The Scholar Exchange Program under the USAID-funded Higher Education Innovation Cooperation Project partners with scholars from (1) Vietnam National University, Hanoi, (2) the University of Da Nang, and (3) Vietnam National University, Ho Chi Minh City. The program aims to enhance the research and teaching capabilities of scholars across Vietnam, while expanding collaborative relationships with higher education institutions in the United States. In the summer and fall semesters of 2024, the Scholar Exchange Program will send a total of 21 scholars from three major public universities in Vietnam to institutions in the United States for research and academic exchange.