Professor Kevin Daly

Professor Kevin Daly

Professor,
Economics, Finance & Property

Biography

Professor Kevin Daly joined the University of Western Sydney (Macarthur) as an Associate Lecturer in 1993; prior appointments included Senior Tutor in Economics at the University of Adelaide, Lecturer in Business Studies at the University of Brighton (UK) and Economics and Finance Tutor at Sussex University. Before joining academia Kevin worked at various positions in Merchant Banking in the City of London. Kevin holds a BA (Hons) Economics, and MA (Economics Analysis and Policy) University of Sussex and a PhD University of Western Sydney (Macarthur). Kevin’s research passion revolves around applied finance and open economy macroeconomics; researching the effects of financial volatility on real economic activity. Kevin’s PhD thesis was published as a book by Ashgate in 1997. His international PhD examiner was Professor Philip ARESTIS, Director of Research,Cambridge Centre for Economic & Public Policy (CCEPP).  Examples of his research focus includes an examination of the extent to which exchange rate volatility affects trade (Japan and the World Economy), an investigation of the extent to which financial instability affects the poor in developing countries (Asia Pacific Journal of Economics and Business. 2008), an empirical study of the extent to which volatility in interest rates affect the availability and affordability of credit (International Review of Financial Analysis. 2010), analysing how oil price volatility impacts on stock prices (Emerging Markets Review 2010), estimating the determinants of foreign direct investment and portfolio investment (Australian Economic Review 2006),analysing the determinants of house prices and the affordability of housing (Journal of International Business Research 2010). Current research interests focuses on banking in China and Vietnam, foreign direct investment in China and Vietnam and financial volatility of stock markets in South East Asia.   

This information has been contributed by Professor Daly.

Qualifications

  • PhD University of Western Sydney, Macarthur
  • MA University of Sussex
  • BA (Hons) University of Sussex

Professional Memberships

  • Royal Economics Society (2012)
  • Global Finance Association (1995)
  • Australian and New Zealand Accounting and Finance Association (1996)
  • European Universities Society for Financial Research (1995)
  • Economic Society of Australia (1991)
  • View my Research on Research Gate. https://www.researchgate.net/profile/Kevin_Daly (2015 - 2015)
  • FINSIA (2012)

Interests

  • Financial Devlopment of Emerging Market Economies
  • Financial Markets
  • Investment Management

Organisational Unit (School / Division)

  • Economics, Finance & Property

Contact

Email: K.Daly@westernsydney.edu.au
Phone: (02) 4620 3546
Mobile:
Location: 22.2.20
Campbelltown

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Teaching

Previous Teaching Areas

  • 200055 International Finance, 2012
  • 200057 Investment Management, 2012
  • 200546 Macroeconomic Issues, 2002
  • 200697 Banking and Securities Law, 2002

Publications

Books

  • Tsigos, S. and Daly, K. (2020), 'The Wealth of the Elite: Toward a New Gilded Age', : Palgrave Macmillan 9789811521478.
  • Daly, K. (2019), 'Financial Volatility and Real Economic Activity', : Routledge 9781138315075.
  • Eiteman, D., Rath, S. and Daly, K. (2010), 'Multnational Business Finance', : Pearson 9781442525894.
  • Daly, K., Eiteman, D. and Rath, S. (2007), 'Multinational Business Finance', : Pearson Education Australia 9780733980848.
  • Daly, K. (1999), 'Financial Volatility and Real Economic Activity', : Ashgate 9781840148732.

Chapters in Books

  • Liu, J., Daly, K. and Mishra, A. (2024), 'Board gender diversity and bank performance : evidence from Australia', Banking Resilience: New Insights on Corporate Governance, Sustainability and Digital Innovation, World Scientific Publishing 9781800614284.
  • Phan, T. and Daly, K. (2016), 'Market concentration and bank competition in emerging Asian countries', Risk Management in Emerging Markets: Issues, Framework, and Modeling, Emerald 9781786354525.
  • Zhang, X. and Daly, K. (2015), 'Emerging markets banks ownership and performance : evidence from China', Corporate Governance and Corporate Social Responsibility: Emerging Markets Focus, World Scientific 9789814520379.
  • Tran, P., Daly, K. and Ellis, C. (2014), 'Assessing the effects of the Global Financial Crisis on the East Asian equity markets', Emerging Markets and the Global Economy, Elsevier 9780124115491.
  • Zhang, X. and Daly, K. (2014), 'Emerging markets banks performance : evidence from China's banks in Hong Kong', Emerging Markets and the Global Economy, Elsevier 9780124115491.
  • Daly, K. and Ali, A. (2011), 'FDI Asia Pacific Update: Assessing Competing Pull Factors and the Impact of the GFC', Contemporary Studies in Economic and Financial Analysis, Emerald 9781849506696.
  • Daly, K. and Tosompark, T. (2011), 'Determinants of Foreign Direct Investment in Thailand', The Impact of the Global Financial Crisis on Emerging Financial Markets, Emerald 9780857247537.
  • Daly, K. and Liu, Y. (2011), 'Australian House Prices Affordability: An International Comparison of the Determinants of House Price's Performance 1980 - 2009', Financial Asset Pricing: Theory, Global Policy and Dynamics, Nova Science Publishers 9781611228038.
  • Daly, K. and Mishra, A. (2009), 'Geographical Trade Structure and Patterns of International Portfolio Investment - A Case of Australia', Studies in Trade and Investment 67: Challenges and opportunities for trade and financial integration in Asia and the Pacific, United Nations ESCAP 9892614961143.
  • Daly, K. and Vo, X. (2005), 'International Financial Integration An Empirical Investigation into Asian Equity Markets Pre- and Post - 1997 Asian Financial Crisis', Asian Pacific Financial Markets in Comparative Perspective: Issues and Implications for the 21st Century. Contemporary Studies in Economics and Financial Analysis Volume 86, Elsevier Ltd 0762312580.

Journal Articles

  • Nguyen, D., Mishra, A. and Daly, K. (2023), 'Variation in the competition - efficiency nexus : evidence from emerging markets', International Review of Economics and Finance, vol 83 , pp 401 - 420.
  • Salim, M., Ramdhan, D. and Daly, K. (2023), 'Centrality measures of financial system interconnectedness : a multiple crises study', Heliyon, vol 9, no 4 .
  • Liu, J., Li, J. and Daly, K. (2022), 'Bayesian vine copulas for modelling dependence in data breach losses', Annals of Actuarial Science, vol 16, no 2 , pp 401 - 424.
  • Nguyen, D., Mishra, A. and Daly, K. (2022), 'Bank market power and discouraged SMEs : international evidence', Borsa Istanbul Review, vol 22, no 6 , pp 1045 - 1061.
  • Rizan , M., Salim , M., Mukhtar, S. and Daly, K. (2022), 'Macroeconomics of systemic risk : transmission channels and technical integration', Risks, vol 10, no 9 .
  • Liu, J., Daly, K. and Mishra, A. (2022), 'Board gender diversity and bank risks : evidence from Australia', Economic Analysis and Policy, vol 76 , pp 1040 - 1052.
  • Choudhury, T. and Daly, K. (2021), 'Systemic risk contagion within US states', Studies in Economics and Finance, vol 38, no 4 , pp 836 - 860.
  • Salim, M. and Daly, K. (2021), 'Modelling systemically important banks vis-a-vis the Basel Prudential Guidelines', Journal of Risk and Financial Management, vol 14, no 7 .
  • Phan, H. and Daly, K. (2020), 'Market concentration and bank competition in emerging Asian countries over pre and post the 2008 Global Financial Crisis', Research in International Business and Finance, vol 51 .
  • Pham, H. and Daly, K. (2020), 'The impact of BASEL Accords on the management of Vietnamese commercial banks', Journal of Risk and Financial Management, vol 13, no 10 .
  • Jaafar, R., Daly, K. and Mishra, A. (2019), 'Challenges facing Malaysia pension scheme in an era of ageing population', Finance Research Letters, vol 30 , pp 334 - 340.
  • Choudhury, T. and Daly, K. (2019), 'A note on contemporary literature of risk and risk management in banking', WSEAS Transactions on Business and Economics, vol 16 , pp 107 - 119.
  • Daly, K., Batten, J., Mishra, A. and Choudhury, T. (2019), 'Contagion risk in global banking sector', Journal of International Financial Markets, Institutions and Money, vol 63 .
  • Jaafar, R. and Daly, K. (2019), 'The sustainability of Malaysia's defined contribution pension system : implementation of deterministic linear programming', International Journal of Innovative Technology and Exploring Engineering, vol 8, no 12S2 , pp 97 - 103.
  • Ahmad, W., Mishra, A. and Daly, K. (2018), 'Financial connectedness of BRICS and global sovereign bond markets', Emerging Markets Review, vol 37 , pp 1 - 16.
  • Ahmad, W., Mishra, A. and Daly, K. (2018), 'Heterogeneous dependence and dynamic hedging between sectors of BRIC and global markets', International Review of Financial Analysis, vol 59 , pp 117 - 133.
  • Phan, T., Daly, K. and Doan, A. (2018), 'The effects of risks and environmental factors on bank cost efficiency : a study in East Asia and Pacific region', Cogent Economics & Finance, vol 6, no 1 .
  • Akhter, S. and Daly, K. (2017), 'Contagion risk for Australian banks from global systemically important banks : evidence from extreme events', Economic Modelling, vol 63 , pp 191 - 205.
  • Daly, K. (2017), 'Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined, by Lasse Heje Pedersen', Economic Record, vol 93, no 300 , pp 176 - 177.
  • Tsigos, S. and Daly, K. (2016), '"Fair go" for all? : wealth and risk aversion of Australian households', Australian Economic Papers, vol 55, no 3 , pp 274 - 300.
  • Phan, T., Daly, K. and Akhter, S. (2016), 'Bank efficiency in emerging Asian countries', Research in International Business and Finance, vol 38 , pp 517 - 530.
  • Daly, K. (2016), 'A secular increase in the equity risk premium', International Finance, vol 19, no 2 , pp 179 - 200.
  • Bui, T., Le, T. and Daly, K. (2015), 'Microlevel impacts of remittances on household behavior : Viet Nam case study', Emerging Markets Review, vol 25 , pp 176 - 190.
  • Daly, K. and Zhang, X. (2014), 'Comparative analysis of the performance of Chinese owned banks' in Hong Kong 2004-2010', Journal of Multinational Financial Management, vol 27 , pp 1 - 10.
  • Liu, Y., Daly, K. and Varua, M. (2014), 'Analysing China's foreign direct investment in manufacturing from a high-low technology perspective', Emerging Markets Review, vol 21 , pp 82 - 95.
  • Zhang, X. and Daly, K. (2014), 'The impact of bank-specific and macroeconomic factors on China's bank performance ok', Chinese Economy, vol 47, no 5-6 , pp 5 - 28.
  • Tsigos, S. and Daly, K. (2014), 'Risk preferences of Australian households : a panel study', Journal of Business and Policy Research, vol 9, no 2 , pp 1 - 18.
  • Phan, T. and Daly, K. (2014), 'Cost efficiency and the relationships with risks in Vietnamese banking industry', Australian Journal of Basic and Applied Sciences, vol 8, no 12 , pp 30 - 38.
  • Daly, K. and Vo, X. (2013), 'The Determinants Of Home Bias Puzzle In Equity Portfolio Investment In Australia', International Review of Financial Analysis, vol 27 , pp 34 - 42.
  • Tran, P., Daly, K. and Ellis, C. (2013), 'Transmission of the Global Financial Crisis to the East Asian equity markets', International Journal of Economics and Finance, vol 5, no 5 , pp 171 - 183.
  • Liu, Y., Daly, K. and Varua, M. (2013), 'Determinants of China's regional FDI inflows', China-USA Business Review, vol 12, no 6 , pp 552 - 561.
  • Zhang, X. and Daly, K. (2013), 'The impact of bank specific and macroeconomic factors on China's bank performance', Global Economy and Finance Journal, vol 6, no 2 , pp 1 - 25.
  • Liu, Y., Daly, K. and Varua, M. (2012), 'Determinants of regional distribution of FDI inflows across China's four regions', International Business Research, vol 5, no 12 , pp 119 - 126.
  • Liu, Y., Daly, K. and Varua, M. (2012), 'Regional determinants of foreign direct investment in manufacturing industry', International Journal of Economics and Finance, vol 4, no 12 , pp 178 - 192.
  • Tran Phuong, T. and Daly, K. (2012), 'The impacts of the global financial crisis on Southeast Asian equity markets integration', International Journal of Trade, Economics and Finance, vol 3, no 4 , pp 299 - 304.
  • Miao, J. and Daly, K. (2012), 'Evidence of collateral, asymmetric information, credit risk, and banking regulations from firms', The Chinese Economy, vol 45, no 2 , pp 21 - 37.
  • Fayyad, A. and Daly, K. (2012), 'The oil price shock effects on macroeconomic fundamentals of the GCC countries', International Journal of Business Research, vol 12, no 3 , pp 114 - 128.
  • Zhang, X. and Daly, K. (2012), 'Performance of China-owned banks in Hong Kong', International Journal of Banking and Finance, vol 9, no 3 , pp 72 - 87.
  • Fayyad, A. and Daly, K. (2012), 'The volatility of market returns : a comparative study of GCC markets, oil, UK & USA', Oxford Journal: An International Journal of Business & Economics, vol 7, no 1 , pp 9 - 20.
  • Fayyad, A. and Daly, K. (2011), 'The impact of oil price shocks on stock market returns: Comparing GCC countries with the UK and USA', Emerging Markets Review, vol 12, no 1 , pp 61 - 78.
  • Liu, Y. and Daly, K. (2011), 'Foreign Direct Investment in China Manufacturing Industry - Transformation from a Low Tech to High Tech Manufacturing', International Journal of Business and Management, vol 6, no 7 , pp 15 - 27.
  • Daly, K. (2011), 'Poverty and Sustainable Development in Asia: impacts and responses to the global economic crisis', Asian Pacific Economic Literature, vol 25, no 1 , pp 170 - 171.
  • Fayyad, A. and Daly, K. (2011), 'International transmission of stock returns: Mean and volatility spillover effects in the emerging markets of the GCC countries, the developed markets of UK and USA and Oil', International Research Journal of Finance and Economics, vol 67 , pp 103 - 115.
  • Zhang, X. and Daly, K. (2011), 'The determinants of China's outward foreign direct investment', Emerging Markets Review, vol 12, no 4 , pp 389 - 398.
  • Daly, K. (2011), 'An Overview of the Determinants of Financial Volatility: An Explanation of Measuring Techniques', Modern Applied Science, vol 5, no 5 , pp 10 - 29.
  • Daly, K. and Fayyad, A. (2011), 'Can Oil Prices Predict Stock Market Returns? The Case Of Gcc Countries, UK & USA', Modern Applied Science, vol 5, no 6 , pp 44 - 54.
  • Daly, K. and Tosompark, C. (2011), 'Australia as an International Financial Services Management Centre: An Assessment', International Journal of Management, vol 28, no 3 , pp 880 - 893.
  • Liu, Y. and Daly, K. (2011), 'Australia and US Home Price Affordability 1980 - 2009', Journal of New Business Ideas & Trends, vol 9, no 2 , pp 11 - 22.
  • Akhter, S., Liu, Y. and Daly, K. (2010), 'Cross Country Evidence on the Linkages between Financial Development and Poverty', International Journal of Business and Management, vol 5, no 1 , pp 3 - 19.
  • Ali, A. and Daly, K. (2010), 'Macroeconomic determinants of credit risk : recent evidence from a cross country study', Internatioal Review of Financial Analysis, vol 19, no 3 , pp 1 - 18.
  • Fayyad, A. and Daly, K. (2010), 'The volatility of market returns : a comparative study of emerging versus mature markets', International Journal of Business and Management, vol 5, no 7 , pp 1 - 18.
  • Ali, A. and Daly, K. (2010), 'Modelling credit risk : a comparison of Australia and the USA', Journal of International Finance and Economics, vol 10, no 1 , pp 123 - 131.
  • Daly, K. and Liu, Y. (2010), 'Australian House Prices Affordability: An International Comparison Of The Determinants Of House Price's Performance', International Journal of Business Research, vol 10, no 4 , pp 136 - 144.
  • Tosompark, C. and Daly, K. (2010), 'The determinants of foreign direct investment inflows - recent evidence from Thailand', Journal of International Management Studies, vol 10, no 4 , pp 169 - 174.
  • Tosompark, C. and Daly, K. (2010), 'International financial services centres : a comparative analysis of the drivers from an Australian perspective', Proceedings of IABE, , pp 56 - 75.
  • Daly, K. and Zhang, X. (2010), 'The determinants of foreign direct investment in China', Journal of International Finance and Economics, vol 10, no 3 , pp 123 - 129.
  • Daly, K. and Tosompark, C. (2010), 'Assessing a country as an international financial services management centre: The case of Australia'', International Journal of Management, vol 27, no 2 , pp 32 - 48.
  • Fayyad, A. and Daly, K. (2010), 'World Oil Prices & Stock Return! The Case Of GCC Countries, UK & USA', Journal Of Academy Of Business And Economics, vol 10, no 3 , pp 77 - 88.
  • Daly, K. and Akhter, S. (2009), 'Indicators of financial soundness : can they forewarn us of impending crisis?', International Review of Business Research Papers, vol 5, no 2 , pp 293 - 316.
  • Akhter, S. and Daly, K. (2009), 'Finance and poverty: Evidence from fixed effect vector decomposition', Emerging Markets Review, vol 10, no 3 , pp 191 - 206.
  • Akhter, S. and Daly, K. (2009), 'Bank health in varying macroeconomic conditions : a panel study', International Review of Financial Analysis, vol 18, no 5 , pp 285 - 293.
  • Akhter, S. and Daly, K. (2009), 'Bank health in varying macroeconomic conditions : a panel study', International Review of Financial Analysis, vol 18, no 5 , pp 285 - 293.
  • Daly, K. (2008), 'Financial volatility : issues and measuring techniques', Physica A-Statistical Mechanics and Its Applications, vol 387 , pp 2377 - 2393.
  • Daly, K. and Vo, V. (2008), 'An empirical exploration of firm risk in the Dow Jones Eurostoxx50 Index', Physica A-Statistical Mechanics and Its Applications, vol 387, no 12 , pp 1 - 22.
  • Daly, K. and Vo, X. (2008), 'Idiosyncratic risk in the Dow Jones Eurostoxx50 Index', Physica A-Statistical Mechanics and Its Applications, vol 387, no 16-17 , pp 4261 - 4271.
  • Mishra, A. and Daly, K. (2007), 'Effect of quality of institutions on outward foreign direct investment', The Journal of International Trade and Economic Development, vol 16, no 2 , pp 231 - 244.
  • Mishra, A. and Daly, K. (2007), 'The Impact of Institutions Quality on FDI: Recent Evidence from Asian Countries', International Review of Business Research Papers, vol 3, no 2 , pp 233 - 245.
  • Daly, K. and Vo, X. (2007), 'Quantifying the drivers of international financial integration', Journal of Investment Strategy, vol 2, no 1 , pp 35 - 44.
  • Vo, X. and Daly, K. (2007), 'Volatility amongst firms in the Dow Jones Eurostoxx50 Index', Applied Financial Economics, vol 18 , pp 1 - 14.
  • Vo, X. and Daly, K. (2007), 'The determinants of international financial integration', Global Finance Journal, vol 18, no 2 , pp 228 - 250.
  • Daly, K. and Akhter, S. (2007), 'Finance and Poverty: Evidence from Panel Study', Asia Pacific Journal of Economics and Business, vol 11, no 2 , pp 39 - 57.
  • Mishra, A. and Daly, K. (2006), 'Multi-Country Empirical Investigation into International Financial Integration', Journal of Asia Pacific Economy, vol 11, no 4 , pp 444 - 461.
  • Mishra, A. and Daly, K. (2006), 'Where Do Australians Invest', Australian Economic Review, vol 39 , pp 47 - 59.
  • Daly, K. and Mishra, A. (2006), 'International Comparison of Australia's Investment and Trading Position', Journal of Investment Strategy, vol 1, no 3 , pp 45 - 50.
  • Vo, X. and Daly, K. (2005), 'European equity markets integration-implications for US investors', Research in International Business and Finance, vol 19, no 1 , pp 155 - 170.
  • Daly, K. (2003), 'South East Asian Stock Market Linkages: Evidence from Pre- and Post 1997', Asean Economic Bulletin, vol 20, no 1 , pp 73 - 85.

Conference Papers

  • Jaafar, R. and Daly, K. (2016), 'Reviewing the financial soundness of the Malaysia's Employees Provident Fund', International Conference on Economics, Management and Corporate Social Responsibility, Kuala Lumpur, Malaysia.
  • Bui, T., Le, T. and Daly, K. (2016), 'Impacts of remittances on household behaviour : Viet Nam case study', International Conference on Asia-Pacific Economic and Financial Development, Ho Chi Minh City, Vietnam.
  • Tran, P., Daly, K. and Ellis, C. (2016), 'Post-Global Financial Crisis and dynamic linkages among the East Asian equity markets', International Conference on Asia-Pacific Economic and Financial Development, Ho Chi Minh City, Vietnam.
  • Phan, T. and Daly, K. (2016), 'Bank cost efficiency and risks : a study in East Asia and Pacific Region', International Conference on Asia-Pacific Economic and Financial Development, Ho Chi Minh City, Vietnam.
  • Daly, K. and Hanh, T. (2015), 'Market concentration and bank competition pre-post GFC across emerging Asian countries', World Finance & Banking Symposium , Hanoi, Vietnam.
  • Tsigos, S. and Daly, K. (2014), 'Risk preferences of Australian Households : a panel study', INFINITI Conference on International Finance, Prato, Italy.
  • Phan, T. and Daly, K. (2014), 'The effects of risks and environmental factors on cost efficiency : the case of developed and developing banking systems in East Asia and Pacific Region', Australasian Finance and Banking Conference, Sydney, N.S.W..
  • Tosompark, C. and Daly, K. (2013), 'Quantifying the determinants of Thailand's FDI', International Conference on Qualitative and Quantitative Economics Research, Bangkok, Thailand.
  • Tran, P., Daly, K. and Ellis, C. (2013), 'Post Global Financial Crisis and dynamic linkages among the East Asian equity markets', International Conference on Qualitative and Quantitative Economics Research, Bangkok, Thailand.
  • Tran, P. and Daly, K. (2012), 'The long-run relationship among the Southeast Asian equity markets', International Conference on Economics, Trade and Development, Bangkok, Thailand.
  • Daly, K. and Zhang, X. (2012), 'China's banks ownership and performance 2003 - 2010', World Finance Conference, Rio de Janeiro, Brazil.
  • Vo, V. and Daly, K. (2011), 'The Determinants Of Home Bias Puzzle In Equity Portfolio Investment In Australia', The 18th Annual Global Finance Conference, Bangkok, Thailand.
  • Vo, V. and Daly, K. (2011), 'The Determinants Of Home Bias Puzzle In Equity Portfolio Investment In Australia', The 18th Annual Global Finance Conference, Bangkok, Thailand.
  • Daly, K. and Tosompark, C. (2010), 'Australia as an International Financial Services Centre: Assessment of Determinants, Position and Future Prospects', Finsia-Australian Centre for Financial Studies Banking and Finance Conf, 15th Banking and Finance Conference, Melbourne, RACV.
  • Daly, K. and Mishra, A. (2009), 'Australia's trade directions versus its International portfolio investment', Asia-Pacific Trade Economists' Conference, United Nations Conference Centre, Bangkok, Thailand.
  • Akhter, S. and Daly, K. (2009), 'Finance And Poverty:An Empirical Study Using Panel Data', Asian Finance Association International Conference 2009, Brisbane, Australia.
  • Akhter, S. and Daly, K. (2007), 'Finance and Poverty: Evidence from Panel Study', Sixth Hawaii International Conference on Social Science, Honolulu, Hawaii, USA.
  • Mishra, A. and Daly, K. (2006), 'Quality of Institutions and Foreign Direct Investment', Thrid International Business Research Conference, Vicotria University.
  • Mishra, A. and Daly, K. (2006), 'Effects of Quality of Institutions on Outward Foreign Direct Investment', 13th Global Finance Conference, Rio de Janeiro, Brazil.
  • Vo, X. and Daly, K. (2005), 'International Financial Integration and Economic Growth', 12th Global Finance Conference, Dublin Ireland.
  • Mishra, A. and Daly, K. (2005), 'Multi-country Investigation into International Financial Integration', 3rd Financial Markets Asia-Pacific Conference, Sebel Pier One, Sydney.
  • Mishra, A. and Daly, K. (2005), 'Multi-country Empirical Investigation into International Financial Integration', Global Finance Conference 2005,27-29 June 2005, Dublin, Ireland.
  • Mishra, A. and Daly, K. (2005), 'Effect of quality of institutions on outward foreign direct investment', Proceedings of Second International Business Research Conference, Sydney.
  • Mishra, A. and Daly, K. (2004), 'Where Do Australians Invest', Proceedings of International Business Research Conference, Melbourne, 2004.
  • Vo, X. and Daly, K. (2004), 'The Relationship Between Net Private Capital Flows and Economic Growth in Emerging Asian Economies ', INTERNATIONAL BUSINESS RESEARCH CONFERENCE 2004, Melbourne, Australia.
  • Daly, K. and Vo, X. (2004), 'Trading relationships in European equity markets - Implications for U.S. investors', 8th Conference on Macroeconomic Analysis and International Finance, University of Crete.
  • Vo, X. and Daly, K. (2004), 'An empirical investigation into the trading relationships between Asian stock markets and selected advanced equity markets', Emerging Financial Markets and Services in Asia-Pacific Conference, Syndey.
  • Zeitun, R., Daly, K. and Mallik, G. (2004), 'Default Probabilities in the Jordanian Companies: Using LPM, LOGIT and PROBIT', International Business Research Conference, Melbourne.
  • Daly, K. (2003), 'The Relationship between the Dow Jones Eurostoxx50 Index and Firm Level Volatility', The Global Business and Finance Research Conference, London.
  • Daly, K. (2003), 'Have European Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk', Southern Finance Association, Charleston Place Hotel, South Carolina.
  • Daly, K. (2003), 'An empirical investigation into the effects of financial crisis on Southeast Asian stock market linkages', Emerging Financial Services in Asia-Pacific Conference, Sydney.
  • Daly, K. (2002), 'The Decomposition of the Variance of the DOW JONES EUROSTOXX50 Index: Tome series analysis', American Academy of Accounting and Finance, 2002 Annual Meeting, New Orleans.
  • Daly, K. (2002), 'The transformation of international financial markets, the development of financial places and the relationship to regional development.', The transformation of international financial markets, the development of financial places and the relationship to regional development., Uetliberg, Switerzland.

Other Publications

  • 2008, 'The Economic Impacts (Multiplier Approach) of the Readymix Regional Distribution Centre at Rooty Hill, Blacktown', Report

Kevin’s research  revolves around applied finance and open economy macroeconomics; researching the effects of financial volatility on real economic activity. Kevin’s PhD thesis was published as a book by Ashgate in 1997. His international PhD examiner was Professor Philip ARESTIS,Director of Research, CambridgeCentre for Economic & Public Policy (CCEPP). Examples of his research focus includes an examination of the extent to which exchange rate volatilityaffects trade (Japan and the World Economy), an investigation of the extent towhich financial instability affects the poor in developing countries (Asia PacificJournal of Economics and Business. 2008), an empirical study of the extent towhich volatility in interest rates affect the availability and affordability ofcredit (International Review of Financial Analysis. 2010), analysing how oilprice volatility impacts on stock prices (Emerging Markets Review 2010),estimating the determinants of foreign direct investment and portfolioinvestment (Australian Economic Review 2006),analysing the determinants of house prices and the affordability of housing (Journal of InternationalBusiness Research 2010). Current research interests focuses on banking in China and Vietnam, foreign direct investment in China and Vietnam and financial volatility of stock markets in South East Asia.  

View my Research on Research Gate. https://www.researchgate.net/profile/Kevin_Daly 

This information has been contributed by Professor Daly.

Previous Projects

Title: Determinants of Capital Structure for Small and Medium Sized Enterprises in Vietnam
Funder:
  • Ministry of Education and Training, Vietnam
Western Researchers: Kevin Daly and Linda Wu
Years: 2015-04-13 - 2018-04-12
ID: P00022971
Title: Reform of Vietnam's banking regulations: A stock-flow consistent accounting approach to financial instability
Funder:
  • Ministry of Education and Training, Vietnam
Western Researchers: Kevin Daly and Linda Wu
Years: 2018-07-01 - 2021-07-22
ID: P00025309

Supervision

Professor Daly is available to be a principal supervisor for doctoral projects

Current Supervision

Thesis Title: Valuation of Companies in Emerging Market: The Case of Vietnam.
Field of Research:
Thesis Title: Correlated Defaults: The Financial Integration Perspective
Field of Research:
Thesis Title: China's Inward/Outward Foreign Direct Investment- Challenges and Consequences for China's Global Economic Expansion
Field of Research:
Thesis Title: Russia's Investment Profile, Significance for Multinational Enterprises
Field of Research:
Thesis Title: Modelling Interdependence and Interaction between the Real and Financial Sectors of an Emerging Oil-Based Economy: the Case of Kuwait
Field of Research:
Thesis Title: Does capital account liberalisation lower the cost of capital and enhance domestic investment in Vietnam
Field of Research:
Thesis Title: Determinants of Capital Structure for Small and Medium Sized Enterprises in Vietnam
Field of Research:
Thesis Title: Market perception of goodwill.
Field of Research:
Thesis Title: Volatility Spillover Effect and Comparative Study of Emerging versus Mature Markets
Field of Research:
Thesis Title: Determinants of Capital Structure for Small and Medium Sized Enterprises in Vietnam
Field of Research:
Thesis Title: The Determinants and Economic Effects of Foreign Direct Investment for the Thailand Economy
Field of Research:
Thesis Title: Determinants and Consequences of China's FD1 and OFD1
Field of Research:
Thesis Title: International Investment Patterns
Field of Research:
Thesis Title: Australia's international investment position.
Field of Research:
Thesis Title: Corporate Governance and Firm Performance: Evidence from Vietnamese Listed Companies.
Field of Research:

Previous Supervision

Thesis Title: On The Determinants of Bank Net Interest Rate Margins Under Deregulation and Uncertainty. A Time Series / Cross Sectional Analysis - An Analytical Examination of the Sensitivity of Commercial Bank Net Interest Rate Margins to the Variability of Risk Factors and Market and Institutional Imperfections
Field of Research:
Thesis Title: The Australian market perception of goodwill and identifiable intangibles.
Field of Research: Business And Management
Thesis Title: Financial Soundness and Development: A Multi-Country Analysis Using Panel Data
Field of Research: Economics
Thesis Title: Measuring Efficiency and Productivity in the Australian Banking Sector
Field of Research: Banking And Finance
Thesis Title: Firms Performance and Default Risk for Publicly Listed Companies in Emerging Markets: A Case Study of Jordan
Field of Research: Business And Management
Thesis Title: International Investment Patterns
Field of Research: Investment And Securities
Thesis Title: Capital Regulations and Financial Stability: A Cross-Country Perspective
Field of Research: Banking And Finance
Thesis Title: Impacts of the Global Financial Crisis on an Emerging Market: The Case of Vietnam
Field of Research: Business And Management
Thesis Title: Market Concentration, Bank Competition and Bank Efficiency in Emerging Asian Countries
Field of Research: Banking, Finance And Related Fields; Other Management And Commerce
Thesis Title: Cost Efficiency and Risks of Commercial Banks in East Asia and Pacific Region
Field of Research: Banking And Finance
Thesis Title: Financial Integration in the Mena Region
Field of Research: Banking, Finance And Related Fields; Other Management And Commerce
Thesis Title: China's outward FD1 and Bank Performance
Field of Research: International Business
Thesis Title: Foreign Direct Investment in China: Interrelationship between Regional Economic Development and Location Determinants of Foreign Direct Investment
Field of Research: Economics
Thesis Title: Volatility Spillover Effect of Emerging Markets and Economic Growth Versus Oil Price Volatility: the Case of the Gulf Co-operation Council Countries
Field of Research: Economics
Thesis Title: Malaysia's Pension System: Performance and Strategic for Improvement
Field of Research: Business Management; International Business; Other Management And Commerce

Western Sydney University

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Penrith NSW 2751

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