Find us on Facebook Find us on LinkedIn Follow us on Twitter Subscribe to our YouTube channel Instagram

Tien Nguyen

Tien Nguyen


PhD Candidate

The University of Sydney
NSW 2006 Australia


Bio

Tien Nguyen is currently a PhD candidate and a casual tutor at WOS. Her thesis – "How does board capital contribute to firm performance?" seeks to understand the influence of the collective human and social capital at board level on firm financial outcomes. Tien has a background across the fields of International Business, Organisational Studies, and Corporate Governance. She got her bachelor degree in International Business in Vietnam and her MBA in Human Resources Management in the United States. Her previous working experience includes a teaching career at The University of Economics and Law in Vietnam, and a variety of HR positions in Vietnam and Singapore.


Thesis working title

How does board capital contribute to firm performance?

This thesis seeks to understand the influence of board collective human and social capital on firm financial outcomes. Standing on multiple theoretical approaches, this study incorporates three major theories in board research to hypothesise that board capital - a proxy of board ability indicated by Resource Dependence Theory - positively and directly predicts firm performance. This relationship is moderated by board incentives, informed by Agency Theory, and CEO power and also by Managerial Power Theory.

A quantitative research methodology is adopted to operationalise this study. Specifically, two step generalised method of moments (2-step GMM) is used on a panel data of top 200 companies on the Australian Stock Exchange from 2008 to 2012 to gauge the direct and indirect effects of board capital, board incentives, and CEO power on firm performance. Demographic information on 7,576 directorships has been collected and cross-checked from multiple sources, including company annual reports, Australia Business Who’s Who, DatAnalysis Premium, Connect4, and Bloomberg Business Week.

This study on board capital – firm performance relationship stands to make significant contributions to the literature and practice. It incorporates three major governance theories to provide a more comprehensive understanding of how boards might contribute to firm performance. It enables further understanding and insight into how different aspects of board capital might have different impacts on firm financial performance. It offers non-US-based evidence and contributes to the literature body of board research in Australia. It also carries important implications for corporate governance practice and highlights the need to base board formation on human and social capital beside nominal demographic and structural criteria.

Supervisors: John Shields, Mark Westcott

2016

5
Conference Paper/s

Nguyen T and Shields J 2016 'The Mediating Effect of Capital Diversity on Gender Diversity and Firm Performance Relationship', 76th Annual Meeting of the Academy of Management, Anaheim, United States, 9th August 2016

2015

5
Conference Paper/s

Nguyen T and Shields J 2015 'The Influence of Board Chair Capital Depth and Share Ownership on Firm Financial Performance', 15th Annual European Academy of Management EURAM Conference, Warsaw, Poland, 20th June 2015

2014

5
Conference Paper/s

Nguyen T and Shields J 2014 'Shaping Australian boards for greater financial impact', ANZAM Conference, Sydney, Australia, 5th December 2014