Staff profile

Dr Darren Henry

Associate Professor

Faculty of Business, Economics and Law

La Trobe Business School
Department of Finance

Donald Whitehead Building - Room 420, Melbourne (Bundoora)

 

Qualifications

BEc (Hons) La Trobe, PhD La Trobe

Area of study

Finance

Brief profile

Darren joined the Department of Accounting and Management at La Trobe University as a Lecturer in February 1997. He transferred to the Department of Economics and Finance in January 2000, and was promoted to Senior Lecturer in 2005 and Associate Professor in 2007. Darren completed his PhD in 1996 and has previously worked in a corporate advisory role in private industry. He is also currently a Research Fellow for Macroeconomics.com.au, an economic modelling, forecasting and economic policy analysis and advisory firm.

Darren’s current research interests include all aspects of mergers and acquisitions, corporate governance and wider ownership and control issues, corporate restructuring and cross-listing activities, and empirical corporate finance issues such as capital structure decision-making, dividend policy and capital raising activities. Apart from his research and teaching activities, Darren is heavily involved in postgraduate and honours student supervision and program curriculum development. His most recent administrative roles include as Postgraduate Research Program Coordinator for the School of Economics and Finance and Chairperson of the La Trobe University Academic Progress Review Committee, among other administrative responsibilities.

Research interests

Corporate finance and governance

- Please contact me to discuss a topic.

Corporations and Corporate Governance

- Corporate governance policy, ownership structure, mergers and acquisitions

Quantitative finance

- Empirical corporate finance, dividend policy, capital structure policy

Teaching units

  • Mergers and Acquisitions (FIN3MAQ)
  • Debt Securities (FIN5DBS)
  • Financial Management (FIN5FMA)

 

Recent publications

Henry, D. (2011), 'Ownership structure and tax-friendly dividends', Journal of Banking and Finance 35(10), 2747-2760.

Ahmed, K. and D. Henry, 'Accounting conservatism and voluntary corporate governance mechanisms by Australian firms', Accounting and Finance (forthcoming).

Henry, D., S. Jiang and Y. Veld-Merkoulova (2011), 'Risk premiums and returns in futures markets: Evidence from the financial crisis', Advances in Investment Analysis and Portfolio Management (forthcoming).

Li, H., D. Henry and H. Chou (2011), 'Stock market mispricing, executive compensation and corporate investment: evidence from Australia', Journal of Behavioural Finance 12(3), 131-140.

Henry, D. (2010), 'Agency costs, ownership structure and corporate governance compliance: A private contracting perspective', Pacific-Basin Finance Journal 18, 24-46.

Henry, D. (2008), ‘Corporate Governance Structure and the Valuation of Australian Firms: Is There Value in Ticking the Boxes’, Journal of Business Finance and Accounting 35(7&8) September/October, 912-942.

Ahmed, K., J.H. Kim and D. Henry (2006), ‘International Cross-Listings by Australian Firms: A Stochastic Dominance Analysis of Equity Returns’, Journal of Multinational Financial Management 16, 494-508.

Ali, M.J., D. Henry and K. Ahmed (2006), ‘Harmonization of Accounting Measurement Practices in South Asia’, Advances in International Accounting 19, 25-58.

Henry, D. (2005), ‘Directors’ Recommendations in Takeovers: An Agency and Governance Analysis’, Journal of Business Finance and Accounting 32(1&2), 129-159.

Henry, D. (2004), ‘Corporate Governance and Ownership Structure of Target Companies and the Outcome of Takeover Bids’, Pacific-Basin Finance Journal 12(4), 419-444.

Ali, M.J., K. Ahmed and D. Henry (2004), ‘Disclosure Compliance with National Accounting Standards by Listed Companies in South Asia’, Accounting and Business Research  34(3), 183-199.

Galagedera, D.U.A., D. Henry and P. Silvapulle (2004), ‘Empirical Evidence on the Conditional Relation Between Higher-Order Co-Movements and Security Returns’, Quarterly Journal of Business and Economics 42(1&2), 121-138.

Henry, D. and P. Silvapulle (2003), ‘Testing for Asymmetry in the Price-Volume Relationship of Listed Australian Banks’, Journal of Accounting and Finance 2, 1-13.

Henry, D., K. Ahmed and A. Riddell (2002), ‘The Effect of IPO Earnings Forecasts Errors on Shareholder Returns’, Journal of Corporate Communications 4, 1-27.