Employee Profile

Quynh Trang Nguyen

Associate Professor - Campus Trondheim

Department of Economics

Biography

Trang Nguyen is an associate professor at BI Norwegian Business School. Her research focuses on quantitative and empirical analysis in financial economics, with particular interests in information and market efficiency, investment decisions, and interest rates.

Publications

Nguyen, Quynh Trang; Lindset, Snorre, Eriksen, Sondre Hansen & Skara, Marie (2023)

Can an influential and responsible investor indeed be influential through responsible investments? Evidence from a $1 trillion fund

89, s. 1120- 1135. Doi: https://doi.org/10.1016/j.iref.2023.07.106 - Full text in research archive

Via a case study of Norway’s sovereign wealth fund (GPFG), the world’s largest stockowner, we find that such a high-profile fund can immediately influence market prices through its ESG announcements. After assessing that the product or conduct of a portfolio constituent is in serious contravention of its ethical guidelines, the GPFG can divest from that firm or place it on an observation list and make after-the-fact public announcements. For both cases, we empirically investigate market reactions via the pricing and trading volume of the affected firms’ stocks. Our results show a robust and significant average abnormal return of for the firms on the announcement date. To disentangle the price effects, we condition on the rationale of each announcement and demonstrate that it indeed plays a role. Specifically, firms announced for their conduct face a larger magnitude of price reaction than those announced for their product. We, however, find no evidence of any effect of the announcements on trading volume. Nevertheless, we find some evidence suggesting that higher trading volume and more recent announcements are associated with more negative abnormal returns.

Nguyen, Quynh Trang & Lindset, Snorre (2022)

Transparency Provides Transparency: A Fintech Marketplace for Large Bank Deposits

Doi: https://doi.org/10.2139/ssrn.4212455

Nguyen, Quynh Trang; Lindset, Snorre, Eriksen, Sondre Hansen & Skara, Maria (2020)

Can an Influential and Responsible Investor indeed be Influential through Responsible Investments? Evidence from a $1 Trillion Fund

Doi: https://doi.org/10.2139/ssrn.3640447

Nguyen, Quynh Trang (2019)

Measuring extreme price risks by different statistical methods: An in-depth analysis in the crude oil market

Doi: https://doi.org/10.2139/ssrn.3640738

Lindset, Snorre & Nguyen, Quynh Trang (2023)

Transparency Provides Transparency: A Fintech Marketplace for Large Bank Deposits

[Conference Lecture]. Event

Nguyen, Quynh Trang & Lindset, Snorre (2022)

The Market for Large Bank Deposits: Evidence from a New Fintech Platform

[Conference Lecture]. Event

Nguyen, Quynh Trang; Lindset, Snorre, Eriksen, Sondre Hansen & Skara, Maria (2022)

Can an Influential and Responsible Investor indeed be Influential through Responsible Investments? Evidence from a $1 Trillion Fund

[Conference Lecture]. Event

Nguyen, Quynh Trang (2022)

Monetary Policy Surprise and its Effects on Financial Markets: A Truly/Partly (?) Transparent Case

[Conference Lecture]. Event

Nguyen, Quynh Trang; Lindset, Snorre, Eriksen, Sondre Hansen & Skara, Maria (2022)

Can an Influential and Responsible Investor indeed be Influential through Responsible Investments? Evidence from a $1 Trillion Fund

[Conference Lecture]. Event

Nguyen, Quynh Trang & Lindset, Snorre (2022)

Insights into a New Fintech Platform: A Transparent Deposit Market Place

[Conference Lecture]. Event

Nguyen, Quynh Trang (2022)

Monetary Policy Mechanism and Its Effects on Financial Markets: A Truly or Partly Transparent Case?

[Conference Lecture]. Event

Nguyen, Quynh Trang; Lindset, Snorre, Eriksen, Sondre Hansen & Skara, Maria (2022)

Can an Influential and Responsible Investor indeed be Influential through Responsible Investments? Evidence from a $1 Trillion Fund

[Conference Lecture]. Event

Nguyen, Quynh Trang & Lindset, Snorre (2021)

Insights into a New Fintech Deposit Platform

[Conference Lecture]. Event

Nguyen, Quynh Trang; Lindset, Snorre, Eriksen, Sondre Hansen & Skara, Maria (2020)

Market Reactions to ESG Announcements: Evidence from a $1 Trillion Fund

[Conference Lecture]. Event

Nguyen, Quynh Trang; Lindset, Snorre, Eriksen, Sondre Hansen & Skara, Maria (2020)

How Ethical is the Market? Evidence from a $1 Trillion Fund

[Conference Lecture]. Event

Nguyen, Quynh Trang (2019)

Ethical Divestments of the GPFG (Oljefondet) and Effects on Companies (Proposal)

[Conference Lecture]. Event

Nguyen, Quynh Trang (2019)

Measuring extreme price risks by different statistical methods: An in-depth analysis in the crude oil market

[Conference Lecture]. Event

Nguyen, Quynh Trang (2019)

VaR Estimation for Crude Oil Data via Different Approaches: Historical Simulations, EVT Model, and ACER Method

[Conference Lecture]. Event

Academic Degrees
Year Academic Department Degree
2024 Norwegian University of Science and Technology PhD
2019 Norwegian University of Science and Technology MSc in Mathematics
2015 State University of New York at Plattsburgh B.Sc.
2015 State University of New York at Plattsburgh Bachelor of Arts