Dr. Michal Wojewodzki

Flat 4D, Staff Quarter, +852 7071 4809
The Hang Seng University of Hong Kong wojewodzki.m@gmail.com
Hang Shin Link, Siu Lek Yuen, https://sites.google.com/view/michalwojewodzki/
Shatin, N.T., Hong Kong last updated: June 2022

PROFESSIONAL EXPERIENCE
Assistant Professor, Hang Seng University of Hong Kong (HSUHK) 2021-
Administrative Role: Pathway Leader for the Global Finance pathway in the Master of Business Management (MBM) Programme
Lecturer I, Hang Seng University of Hong Kong 2019-2021
Lecturer in Financial Services, Glasgow Caledonian University, U.K. 2016-2019
Administrative Role: School Exchange Coordinator
Lecturer in Economics and Finance, Cardiff Metropolitan University, U.K. 2015
Lecturer in Economics, Middlesex University, U.K. 2013-2015
EDUCATION
PhD in Finance, Glasgow Caledonian University (GCU), U.K. 2020
MPhil in Finance, Lingnan University, Hong Kong 2013
MSc in Economics, Lingnan University, Hong Kong 2011
BSc in Economics, Middlesex University, U.K. 2010
PUBLICATIONS
Williams, A.D., Cheong, T.S., and Wojewodzki, M. (2022). Transitional dynamics and the
evolution of information transparency: a global analysis. Estudios de Economìa (SJR Q3),
49(1), 31-62.
Liu, X., Yu, J., Cheong, T.S., and Wojewodzki, M. (2022). The future evolution of housing priceto-income ratio in 171 Chinese cities. Annals of Economics and Finance (ABS 2), 23(1),
159-196.
Liu, X., Cheong, T.S., Yu, J., and Wojewodzki, M. (2022). Transitional dynamics and spatial
convergence of house-price-to-income ratio in urban China. (2022). Economics Bulletin (SJR
Q3), Accepted
Cheong, T.S., Y. Wu, M. Wojewodzki, and N. Ma. (2021). The impacts of globalization on
inequality in the post-COVID-19 world: evidence from China. Frontiers in Public Health
(SJR Q2), 9.

Lee, W.C., J. Shen, T.S. Cheong, and M. Wojewodzki. (2021). Detecting conflicts of interest in
credit rating changes: a distribution dynamics approach. Financial Innovation (SJR Q2), 7,
45.
Wojewodzki, M., A. Boateng, and S. Brahma. (2020). Credit rating, banks’ capital structure and
speed of adjustment: a cross-country analysis. Journal of International Financial Markets,
Institutions and Money (ABS 3), 69.
Wojewodzki, M., W. Poon, and J. Shen. (2018). The role of credit ratings on capital structure and
its speed of adjustment: an international study. European Journal of Finance (ABS 3), 24(9),
735-760.
Wojewodzki, M. (2010). The household’s savings and the industrial production: A time series
analysis for Poland. Lingnan Journal of Banking, Finance and Economics, 2, 87-108.
WORKING PAPERS
Banks’ Capital, credit ratings, and asymmetric information: international evidence
Transitional distribution dynamics of corporate carbon emission and economic development: a
cross-country analysis
CO2 emissions and transitional distribution dynamics in industrial countries versus servicesoriented countries
The future evolution of carbon emissions vis-à-vis global urbanization
Can investor-pay rating coverage discipline the issuer-pay credit rating agencies?
WORK IN PROGRESS
The effects and limitations of bank deposit ratings on market discipline: international evidence
The evolution of FDI in China: An application of the distribution dynamics analysis
Long-run corporate social responsibility convergence and Chinese firms
Does corporate carbon performance converge in the global market and across industries
Politics and corporate carbon performance in the US market
Credit ratings, capital buffers and regulation
Students’ perception of job prospects and COVID-19 problem in Hong Kong
ACADEMIC VISITS
Jinan University (China) May and Nov. 2017
Taught undergraduate courses in Personal Finance, Risk Management of Financial Institutions,
Financial Markets Seminars, and International Finance Seminars to over 300 students.
Shenyang Normal University (China) 2017
Taught master courses in Financial Services Regulation and Financial Securities Analysis and
mentored local faculties.

CONFERENCES PRESENTATIONS (* denotes a chair)
AIB Asia Pacific Regional Conference, Bangkok, Thailand (2021)
Sustainability Business Asia Conference in the Post COVID-19 Era, Hong Kong* (2021)
World Finance Conference, Kristiansand, Norway (2021)
SIBR Tokyo, Japan (accepted) (2021)
World Finance Banking Symposium, Riga, Latvia (2020)
AIBSEAR Conference, Hong Kong* (2020)
The 22nd Malaysian Finance Association Conference (2020)
Annual Meeting of the FMA International, Nashville, the U.S. (2014)
21st Annual Multinational Finance Society Conference, Prague, Czechia (2013)
AABRI Conference, Orlando, The U.S. (2013)
SIBR Kuala Lumpur, Malaysia (accepted) (2013)
REFEREEING
Journal of International Financial Markets, Institutions and Money; Cogent Economics and
Finance; Financial Innovation; SN Economics
COURSES TAUGHT (* denotes also developed, ^ denotes also a leader/coordinator)
Hang Seng University 2019-
Undergraduate Level
FIN2001 Financial Management^
FIN3001 Financial Institutions and Markets^
FIN3004 Corporate Finance^
Glasgow Caledonian University 2016-2019
Master Level
Financial Services Regulation
Global Finance*^
Undergraduate Level
Personal and Mortgage Lending Theory and Practice*
Corporate Finance and Financial Strategies*^
European Financial Services and Institutions
Financial Market Environment^
Managing Risk in Financial Institutions
Regulating Financial Services
Cardiff Metropolitan University 2015
Undergraduate Level
Quantitative Methods^
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Quantitative Methods II^
Games in Business and Politics^
Information Economics^
Middlesex University 2013-2015
Undergraduate Level
Contemporary Issues in Financial Services^
Economic Analysis and Policy
Economic Environment and Practice
Financial Markets and Institutions^
Business Economics
Microeconomics^
Financial Aspects of Business
AWARDS & SCHOLARSHIPS
Teaching Excellence Award, HSUHK 2021
Research Achievement Award, HSUHK 2020, 2021
Teaching and Learning Dean’s Award, HSUHK 2020
2nd prize in the “Innovative Teaching Methods” category, GCU 2017
Hong Kong PhD Fellowship Scheme, Lingnan University 2013
Full Postgraduate Studentship, Lingnan University 2011, 2012
MIBF Programme Outstanding Student, Lingnan University 2011
MIBF Programme Scholarship (First Class) 2010
Chancellor Scholarship, Middlesex University 2008, 2009
Aerospheres Ltd. Scholarship, Middlesex University 2008
MEMBERSHIPS & FELLOWSHIPS
Co-Editor-in-Chief: The Hang Seng University of Hong Kong Business Review 2022-
Research Fellow: The International Centre for Economic Analysis (ICEA) 2022-
Division Coordinator: Inclusive Finance and Green Accounting at the Center
for Sustainability Research and Consultancy (CSRC) 2022-
Certified Management & Business Educator (CMBE) 2022-
Member: American Finance Association (AFA) 2020-
Member: Academy of International Business (AIB) 2020-
Member: Royal Economic Society (RES) 2014-
Lifetime member: Beta Gamma Sigma 2014-
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KEY SKILLS
Software: Intermediate Stata, basic knowledge of R, Eviews, LaTeX
Languages: Bilingual; Polish and English, basic knowledge of Mandarin and French
RESEARCH INTERESTS
Credit Ratings, Banking Regulation, Capital Structure, Market Discipline, Asymmetric
Information, Financial Crises, Carbon Emissions, Housing Affordability
PERSONAL INTERESTS
Blended learning, Bodybuilding & Fitness, Hiking, Family road trips, Chinese culture & cuisine,
Chess