Welcome!
I am an assistant professor at ISEG - Lisbon School of Economics & Management, University of Lisbon.
My research interests include empirical corporate finance, monetary policy, firm strategic disclosure, and fintech (machine learning, cryptocurrency). I am also interested on applying machine learning methods to analyse unstructured data such as text and image.
Email: Thoimai@iseg.ulisboa.pt
Linkedin: Link
CV: Link
Employment
Assistant Professor: ISEG - Lisbon School of Economics & Management, University of Lisbon: 09/2024
Remote Part-time Lecturer: Hanken School of Economics: 09/2024
Education
Hanken School of Economics, Finland (2019 – 2024): PhD in Finance.
University College Cork (UCC), Ireland (2017 – 2018): MSc in Financial Economics, First Class Honours.
The Association of Chartered Certified Accountant – ACCA, UK (2014 - 2015): ACCA qualification.
National Economics University (NEU), Vietnam (2009 - 2013): Bachelor of Accounting, Very Good.
Working Papers
Corporate Agility and Monetary Policy Transmission (with Gonul Colak) (SSRN).
R&R: Journal of Corporate Finance.
Financial Uncertainty and Cross-Section of Cryptocurrency Returns (with Gonul Colak, Joshua Della Vedova, Sean Foley) (SSRN).
R&R: Journal of Banking and Finance.
Management Guidance and Euro Area Monetary Policy Transmission (with Mansoor Afzali, Gonul Colak and Pavel G. Savor) (PhD dissertation paper) (SSRN).
The Value of a Smile in Public Fundraising (SSRN).
Does Passive Voice Matter for Investors?
Unpacking Organizational Culture: Using Machine Learning and Multi-Level Variance Decomposition Analysis to Parse Corporate, Industry, Regional, and Facility-Level Effects (with Gonul Colak, Barbara A. Bliss, Markus Fitza, Siddharth Vedula)
Work in Progress
CEO Effect on Corporate Culture (with Gonul Colak, Barbara A. Bliss, Markus Fitza, Stevo Pavicevic)
Conference Presentations
American Financial Association (AFA) (poster session) (2025)
American Accounting Association (AAA) (2023)
Australia Finance and Banking Conference (AFBC), 2023
Financial Management Association (FMA), 2023
European Financial Management Association (EFMA) (2022)
Asia/Pacific FMA (2022)
European Accounting association (EAA) (2022)
New Zealand Finance Meeting (2021)
Financial Markets and Corporate Governance Conference (2021)
PhD Nordic Finance Workshop (2022, 2023)
The Japanese Accounting Review (2021, 2022)
Doctoral workshop of Graduate School of Finance (GSF) (2021, 2022, 2023)
Hanken brownbag seminar (2022, 2023)
Keynote speaker
“Working with Alternative Data” on 2022 Hanken Finance Day:
I discussed the transformative potential of AI and big data in the finance industry (Link)
Honours and Scholarships
Irish Aid IDEAS scholarship (2017): Fully funded the program MSc in Financial Economics in Ireland