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Hieu Phan

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Hieu V PhanAssistant Professor
  • CollegeManning School of Business
  • DepartmentManagement
  • Phone(978) 934-2633

Research Interests

Corporate Finance, Executive Compensation, Corporate Governance, Investments, Mergers and Acquisitions, Financial Risk Management, Pension, Earnings Management, Mutual Funds.


  • Ph D: Finance, (2012), University of Connecticut - CT
  • MBA, (2006), University of Connecticut - Storrs, CT
  • BA: Banking and Finance, (1996), Hanoi National University - Hanoi, Vietnam
  • BA: English, (1992), Hanoi National University - Hanoi, Vietnam

Awards and Honors

  • UMass Lowell Department of Finance's Teaching Award (2016)
  • CIBER Overseas Fellowship Award (2012)
  • UConn Finance Department PhD Student Teaching Award (2012)
  • UConn School of Business Hall of Fame Student Fellow (2012)
  • Finance Department Outstanding PhD Student Scholar Award (2010)
  • American Finance Association (AFA) Travel Grant (2009)
  • Financial Management Association International (FMA) Travel Grant (2009)
  • Wall Street Journal Award for Outstanding MBA Student (2006)
  • National University President’s Special Scholarship (1991)


  • Nguyen, N.H., Phan, H.V. () "Policy Uncertainty and Mergers and Acquisitions," Journal of Financial and Quantitative Analysis 52:2 pp. 613-644
  • Phan, H.V., Simpson, T., Nguyen, H.T. () "Tournament-Based Incentives, Corporate Cash Holdings, and the Value of Cash," Journal of Financial and Quantitative Analysis
  • Phan, H.V., Khieu, H., Golec, J.H. (2017) "Does Earnings Management by Firms Making Mandatory Pension Contributions Pay Off?," Financial Management Spring: pp. 89-128
  • Dang, V.A., Phan, H.V. (2016) "CEO Inside Debt and Corporate Debt Maturity Structure," Journal of Banking and Finance 70: pp. 38-54
  • Phan, H.V. (2014) "Inside debt and mergers and acquisitions," Journal of Financial and Quantitative Analysis 49:5-6 pp. 1365–1401
  • Phan, H.V., Hegde, S.P. (2013) "Corporate governance and risk taking in pension plans: Evidence from defined benefit asset allocations," Journal of Financial and Quantitative Analysis 48:03 pp. 919–946
  • Phan, H.V., Hegde, S.P. (2013) "Pension Contributions and Firm Performance: Evidence from Frozen Defined Benefit Plans," Financial Management