Associate Professor Peter Kien Pham
Associate Professor

Associate Professor Peter Kien Pham

  • PhD in Finance, Monash University
  • BCom (Hons), Monash University
Business School
School of Banking and Finance

Peter Pham is an Associate Professor in the School of Banking and Finance at UNSW, and previously held an academic position at the University of Sydney. His research interests are in the areas of corporate finance, corporate governance and capital raisings, with particular focus on business groups, multinational firms and entrepreneurial firms. He has published in leading journals such as the Journal of Finance, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Management Science, and Journal of Banking and Finance. He teaches courses on mergers and acquisitions and venture capital. Outside of UNSW, he currently serves in the role of President of the Vietnam Finance Association International.

Location
UNSW Business School - Ref E12 Level 3, Office 307

Publications

  • Book Chapters | 2015
    Pham PK; Zein J; Masulis R, 2015, 'Ownership and Control in Family Business Groups around the World', in Research Handbook on Shareholder Power, Edward Elgar Publishing, pp. 131 - 167, http://dx.doi.org/10.4337/9781782546856.00018
  • Journal articles | 2020
    Zein J; Masulis R; Pham P, 2020, 'Family Business Group Expansion through IPOs: The Role of Internal Capital Markets in Financing Growth while Preserving Control', Management Science, vol. 66, pp. 5191 - 5215, http://dx.doi.org/10.1287/mnsc.2019.3418
    Journal articles | 2013
    Deng H; Moshirian F; Pham PK; Zein J, 2013, 'Creating value by changing the old guard: The impact of controlling shareholder heterogeneity on firm performance and corporate policies', Journal of Financial and Quantitative Analysis, vol. 48, pp. 1781 - 1811, http://dx.doi.org/10.1017/S0022109014000039
    Journal articles | 2012
    Moshirian F; Nguyen H; Pham KP, 2012, 'Overnight public information, order placement, and price discovery during the pre-opening period', Journal of Banking and Finance, vol. 36, pp. 2837 - 2851, http://dx.doi.org/10.1016/j.jbankfin.2012.06.012
    Journal articles | 2012
    Pham PK; Suchard JC; Zein J, 2012, 'Corporate governance and alternative performance measures: Evidence from Australian firms', Australian Journal of Management, vol. 36, pp. 371 - 386, http://dx.doi.org/10.1177/0312896211413035
    Journal articles | 2012
    Suchard JC; Pham KP; Zein J, 2012, 'Corporate Governance and the Cost of Capital: Evidence from Australian Companies', The Bank of America Journal of Applied Corporate Finance, vol. 24, pp. 84 - 93, http://dx.doi.org/10.1111/j.1745-6622.2012.00392.x
    Journal articles | 2011
    Li D; Pham KP, 2011, 'Large Foreign Ownership and Firm-Level Stock Return Volatility in Emerging Markets', Journal of Financial and Quantitative Analysis, vol. 46, pp. 1127 - 1155, http://dx.doi.org/10.1017/S0022109011000202
    Journal articles | 2011
    Masulis R; Pham P; Zein J, 2011, 'Family Business Groups around the World: Costs and Benefits of Pyramids', Review of Financial Studies, vol. 24, pp. 3556 - 3600, http://dx.doi.org/10.1093/rfs/hhr052
    Journal articles | 2008
    Alavi A; Pham KP; Pham TM, 2008, 'Pre-IPO ownership structure and its impact on the IPO process', Journal of Banking and Finance, vol. 32, pp. 2361 - 2375, http://dx.doi.org/10.1016/j.jbankfin.2007.12.030
    Journal articles | 2006
    Li D; Moshirian F; Pham KP; Zein J, 2006, 'When Financial Institutions are Large Shareholders- The Role of Macro Corporate Governance Environments', Journal of Finance, vol. 61, pp. 2975 - 3007, http://dx.doi.org/10.1111/j.1540-6261.2006.01009.x
    Journal articles | 2004
    Pham KP; Kalev P; Liu WR; Jarnecic E, 2004, 'Public information arrival and volatility of intraday stock returns', Journal of Banking and Finance, vol. 28, pp. 1441 - 1467, http://dx.doi.org/10.1016/S0378-4266(03)00126-2
    Journal articles | 2003
    Pham PK; Kalev PS; Steen AB, 2003, 'Underpricing, stock allocation, ownership structure and post-listing liquidity of newly listed firms', Journal of Banking & Finance, vol. 27, pp. 919 - 947, http://dx.doi.org/10.1016/S0378-4266(02)00241-8
    Journal articles | 2022
    Zein J; Pham PK; Masulis R; Ang A, 2022, 'Crises as Opportunities for Growth: The Strategic Value of Business Group Affiliation', Journal of Financial and Quantitative Analysis
    Book Chapters | 2015
    Pham PK; Zein J; Masulis R, 2015, 'Ownership and Control in Family Business Groups around the World', in Research Handbook on Shareholder Power, Edward Elgar Publishing, pp. 131 - 167, http://dx.doi.org/10.4337/9781782546856.00018
  • Working Papers | 2019
    Wu E; Tian S; Moshirian F; Pham P, 2019, Foreign Ties that Bind: Cross-border Firm Expansions and Fund Portfolio Allocation around the World, SSRN, http://dx.doi.org10.2139/ssrn.3209976, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3209976
    Working Papers | 2019
    Masulis R; Zein J; Ang A; Pham P, 2019, Internal Capital Markets in Family Business Groups during the Global Financial Crisis, http://dx.doi.org
    Working Papers | 2019
    Nguyen LG; Pham P; Luong HL, 2019, Foreign Expansion and Corporate Innovation - Cross-Country Evidence, http://dx.doi.org
    Working Papers | 2019
    Pham P; Yuen C; Liu W, 2019, Wrong for rights? Short sales in the global rights issues market, http://dx.doi.org
    Conference Papers | 2018
    Pham PK; Yuen C; Liu WM, 2018, 'Wrong for rights? Short sales in the global rights issue market', in Wrong for rights? Short sales in the global rights issue market, Quebec City, Canada, presented at Northern Finance Associate, Quebec City, Canada, 21 September 2018 - 23 September 2018
    Conference Papers | 2017
    Pham PK; moshirian F; wu E; tian S, 2017, 'Economic Integration Breeds Foreign Investments: Evidence from Portfolio Allocation of Investment Funds Around the World', in Economic Integration Breeds Foreign Investments: Evidence from Portfolio Allocation of Investment Funds Around the World, Financial Intermediation Research Society Conference, Hong Kong, presented at Financial Intermediation Research Society Conference, Hong Kong, 05 June 2017 - 07 June 2017
    Conference Papers | 2016
    Pham PK; masulis R; Zein J, 2016, 'Why Do Family Business Groups Expand by Creating New Public Firms', in Why Do Family Business Groups Expand by Creating New Public Firms, European Finance Association, Oslo, Norway, presented at European Finance Association, Oslo, Norway, 17 August 2016 - 19 August 2016, http://dx.doi.org/10.2139/ssrn.2515164
    Conference Papers | 2015
    Pham PK; Zein J; Masulis R, 2015, 'Internal Capital Markets in Family Business Groups during the Global Financial Crisis', in Internal Capital Markets in Family Business Groups during the Global Financial Crisis, Northern Finance Association, Lake Louise, Canada, presented at Northern Finance Association, Lake Louise, Canada, 18 September 2015 - 20 September 2015
    Conference Papers | 2011
    Zein J; Moshirian F; Pham KP; Liu R, 2011, 'Why Do Foreigners Become Blockholders? Theory and Evidence', in Financial Management, Financial Management Assoc, Tampa, FL, USA, presented at Annual Meeting of the Financial Management Association, Denverr USA, http://dx.doi.org/10.2139/ssrn.2024400
    Journal articles | 2022
    Zein J; Pham PK; Masulis R; Ang A, 2022, 'Crises as Opportunities for Growth: The Strategic Value of Business Group Affiliation', Journal of Financial and Quantitative Analysis
    Journal articles | 2020
    Zein J; Masulis R; Pham P, 2020, 'Family Business Group Expansion through IPOs: The Role of Internal Capital Markets in Financing Growth while Preserving Control', Management Science, vol. 66, pp. 5191 - 5215, http://dx.doi.org/10.1287/mnsc.2019.3418
    Journal articles | 2013
    Deng H; Moshirian F; Pham PK; Zein J, 2013, 'Creating value by changing the old guard: The impact of controlling shareholder heterogeneity on firm performance and corporate policies', Journal of Financial and Quantitative Analysis, vol. 48, pp. 1781 - 1811, http://dx.doi.org/10.1017/S0022109014000039
    Journal articles | 2012
    Moshirian F; Nguyen H; Pham KP, 2012, 'Overnight public information, order placement, and price discovery during the pre-opening period', Journal of Banking and Finance, vol. 36, pp. 2837 - 2851, http://dx.doi.org/10.1016/j.jbankfin.2012.06.012
    Journal articles | 2012
    Pham PK; Suchard JC; Zein J, 2012, 'Corporate governance and alternative performance measures: Evidence from Australian firms', Australian Journal of Management, vol. 36, pp. 371 - 386, http://dx.doi.org/10.1177/0312896211413035
    Journal articles | 2012
    Suchard JC; Pham KP; Zein J, 2012, 'Corporate Governance and the Cost of Capital: Evidence from Australian Companies', The Bank of America Journal of Applied Corporate Finance, vol. 24, pp. 84 - 93, http://dx.doi.org/10.1111/j.1745-6622.2012.00392.x
    Journal articles | 2011
    Li D; Pham KP, 2011, 'Large Foreign Ownership and Firm-Level Stock Return Volatility in Emerging Markets', Journal of Financial and Quantitative Analysis, vol. 46, pp. 1127 - 1155, http://dx.doi.org/10.1017/S0022109011000202
    Journal articles | 2011
    Masulis R; Pham P; Zein J, 2011, 'Family Business Groups around the World: Costs and Benefits of Pyramids', Review of Financial Studies, vol. 24, pp. 3556 - 3600, http://dx.doi.org/10.1093/rfs/hhr052
    Journal articles | 2008
    Alavi A; Pham KP; Pham TM, 2008, 'Pre-IPO ownership structure and its impact on the IPO process', Journal of Banking and Finance, vol. 32, pp. 2361 - 2375, http://dx.doi.org/10.1016/j.jbankfin.2007.12.030
    Journal articles | 2006
    Li D; Moshirian F; Pham KP; Zein J, 2006, 'When Financial Institutions are Large Shareholders- The Role of Macro Corporate Governance Environments', Journal of Finance, vol. 61, pp. 2975 - 3007, http://dx.doi.org/10.1111/j.1540-6261.2006.01009.x
    Journal articles | 2004
    Pham KP; Kalev P; Liu WR; Jarnecic E, 2004, 'Public information arrival and volatility of intraday stock returns', Journal of Banking and Finance, vol. 28, pp. 1441 - 1467, http://dx.doi.org/10.1016/S0378-4266(03)00126-2
    Journal articles | 2003
    Pham PK; Kalev PS; Steen AB, 2003, 'Underpricing, stock allocation, ownership structure and post-listing liquidity of newly listed firms', Journal of Banking & Finance, vol. 27, pp. 919 - 947, http://dx.doi.org/10.1016/S0378-4266(02)00241-8

Awards

Grants

  • Australian Research Council Discovery Grants: 2007, 2009, 2012, 2018
  • Australian Research Council Linkage Grant 2014
  • UNSW Gold Star Grant 2008
  • UNSW Business School Grants: 2005, 2008

Media

  • President, Vietnam Finance Association International (VFAI), 2019-2021.
  • Director of Postgraduate Research (PhD) Program, School of Banking and Finance, UNSW, 2013-2019.

  • FINS5538 Takeovers, Restructuring and Corporate Governance