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Professor Michael Dempsey


Michael Dempsey is a Professor of Finance with the Faculty of Finance and Banking at Ton Duc Thang (TDTU) University in Ho Chi Minh City, Vietnam, having joined in 2018. He was previously a Professor and Head of the Finance Discipline at RMIT University in Melbourne, Australia (from early 2013 to end 2017). Prior to this, he was an Associate Professor at Monash University, Australia, before which he was an Associate Professor with Griffith University, Australia, having previously been at Leeds University, UK. He also has many years’ experience working for the petroleum exploration industry, in the Middle East, Egypt, Aberdeen and London.

He is an active researcher in seeking to understand the interplay between risk and returns as the essential dynamic of market behaviour; the theoretical implications of taxation for stock valuation; and corporate decision-making as socially constructed. His academic text Stock Markets, Investments and Corporate Behavior (published by Imperial College Press/World Scientific, 2016) summarizes his work in these areas; while his student text Stock Markets and Corporate Finance (published by World Scientific, 2017) was made the core text for Masters students at RMIT. He is also a co-author of the student text Fundamentals of Corporate Finance (published by Wiley (2013, 2nd ed.).

He has published articles that have appeared in leading international finance journals, including Financial Analysts Journal (2), Journal of Banking and Finance (2), Journal of Business Finance and Accounting (3), European Financial Management (2),  Critical Perspectives on Accounting (3), Abacus (3), Journal of Investment Management (2), Accounting and Business Research (3), Australian Journal of Management (2), Journal of Asset Management (1), and Accounting and Finance (2); as well as papers on astrophysics and fluid mechanics.

He can be contacted at e-mail: