Resume

• 2012

  Doctor of Philosophy (PhD)

  Accounting

  Research interests include financial reporting

  executive compensation

  corporate governance

  American Accounting Association

  The University of Texas at El Paso

  CMA

  IMA/CMA

• 2009

  Vietnamese

  English

  Master of Business Administration

  Finance concentration

  Finance

  The University of Texas at El Paso

• 2003

  Vietnam Development Forum

  Salisbury University

  Old Dominion University

  The University of Texas at El Paso

  Salisbury

  Maryland

  Assistant Professor of Accounting

  Salisbury University

  The University of Texas at El Paso

  Vietnam Development Forum

  Old Dominion University

  Norfolk

  Virginia Area

  Assistant Professor of Accounting

  The University of Texas at El Paso

  Instructor

  Microeconomics

  The University of Texas at El Paso

  American Accounting Association

• PowerPoint

  Teaching

  Research

  Qualitative Research

  Microsoft Word

  Data Analysis

  Microsoft Office

  Teamwork

  Matlab

  Higher Education

  University Teaching

  Analytical Skills

  Leadership

  Statistics

  Public Speaking

  Strategic Planning

  Microsoft Excel

  Analysis

  Industry peer effect and the maturity structure of corporate debt

  Purpose\n– The purpose of this paper is to examine the role of industry peers in shaping firm debt maturity decisions.\n\nDesign/methodology/approach\n– The authors use idiosyncratic equity shocks as instruments to disentangle industry fixed and peer effects. The authors also employ a three-stage least squares regression (3SLS) model to capture the correlation among thee (short

  medium

  and long) debt maturity decisions.\n\nFindings\n– The authors find that a one standard deviation change in peer short (medium

  long) maturity debt leads to a 50 percent (37 percent

  23 percent) change in firm corresponding maturity debt and that these mimetic behaviors are statistically significant within

  but not between

  firm size groups. The findings also reveal that firms that mimic the short and medium (long) debt maturity structure of their peers tend to increase (decrease) firm performance as measured by profitability

  return-on-assets

  and stock returns.

  Industry peer effect and the maturity structure of corporate debt

  This study examines the impact of covenant violations on the implied cost of equity\ncapital and the underpricing of seasoned equity offerings (SEOs). Using a novel\ndataset of 1

  028 first-time covenant violations from 1996–2011

  we find a higher level\nof SEO underpricing during the period immediately following covenant violations.\nThis suggests that creditors require violating firms to issue equity to lower leverage\nand that equity investors interpret the violation negatively. We also find that violating\nfirms experience an average increase of 8.48% in the implied cost of equity\ncapital. By comparing analysts' earnings forecasts before and after the violations

  we\nconclude that the negative effects on equity owe to the loss of flexibility that accompanies covenant violations

  and are not simply a reflection of the deteriorating\nhealth of the firm.

  The Effects of Covenant Violations on the Underpricing of Seasoned Equity Offerings and the Implied Cost of Equity Capital

  Helen Kang

  This paper examines the influence of national culture on corporate governance. We postulate that national culture can shape the contracting environments by serving as an informal constraint that affects incentives and choices in corporate governance. We hypothesize that national culture can explain cross-country variations in corporate governance after controlling for legal

  political

  financial

  and economic institutions. We develop a Rule Preference Index\nas a proxy of national culture for a sample of 12

  909 firm-year observations from 41 countries. Employing hierarchical linear modeling approach to isolate the effects of firm level and country-level variables

  we find robust evidence that firms (and countries) with a\nhigher Rule Preference Index tend to have better corporate governance.

  National Culture and Corporate Governance

  Journal of International Accounting Research

  Duong