Topic: The Role of Debt Covenants in the Investment Grade Bond Market: The REIT Experiment
Speaker: Dr. Desmond Tsang (Desautels Faculty of Management McGill University)
Date: 11th March, 2015, Wednesday
Time: 10:00-11:00AM
Place: Business School 2/F Seminar Room
Lecture Introduction:
This piece of research just won the Aareal Award of Excellence in Real Estate Research from The Real Estate Management Institute of the EBS Universität für Wirtschaft und Recht (EBS REMI) and Aareal Bank AG, which is on debt covenant of Real Estate Investment Trust.
Brief Introduction of Dr. Desmond Tsang
Professor Tsang began his career in the auditing department at Deloitte and Touche in Hong Kong and later worked as an economist at the Ontario Ministry of Finance in Canada. Subsequently he pursued his PhD studies at the University of California at Berkeley, majoring in accounting and real estate. His research interests in accounting include: Earnings Management; Performance Measurement; IFRS & Accounting Fraud. His research in the area of real estate specializes in the financial reporting issues of Real Estate Investment Trusts, and on Corporate Governance and International Real Estate. Professor Tsang has published in both accounting and real estate journals, including top-tier journals such as Real Estate Economics, Journal of Real Estate Research and Journal of Real Estate Finance and Economics. He has presented his research findings at conferences in the US, Europe and Asia and has received several best paper awards at these conferences.
Professor Tsang is a Certified Public Accountant (CPA) in the US and a Chartered Financial Analyst (CFA). Professor Tsang teaches Intermediate Financial Accounting I & Financial Statement Analysis at the undergraduate level and Intermediate Financial Reporting I at the MBA level. He was nominated for the Principal's Prize for Excellence in Teaching at the university level in 2009. He was the recipient of the Desautels Faculty of Management Distinguished Teaching Award in 2010. Recently, he was chosen by students of the Management Undergraduate Society as the Professor of the Year 2012.
All faculties and students are welcome!
Business School
9th March, 2015
