Zagdbazar "Zag" Davaadorj

  • Assistant Professor of Finance
  • Business Department
  • Ph.D., Texas A&M International University, 2019
  • EMAIL:
Zagdbazar Davaadorj


  • Financial Technology (FinTech)
  • Investment and financial planning
  • Corporate finance
Dr. Zag is an assistant professor of finance at the University of Wisconsin-Parkside. He earned his Bachelor's degree from the Mongolian University of Science and Technology and Master's degree in Data Science from the University of Michigan-Ann Arbor. He also holds a PhD in finance from Texas A&M International University. He is a CERTIFIED FINANCIAL PLANNER™ (CFP). Prior to joining UWP, he has taught finance courses at Western Michigan University and Wayne State University. He has 5+ years of experience in the high-tech industry.

Teaching Interests

Financial Technology (FinTech)
Investment and Valuation
Corporate Finance
Financial Planning

Research Interests

Financial Technology (FinTech)
Behavioural Finance
Corporate Finance
Credit Default Swap Market

Consulting Interests

Financial Technology (Robo-advising, Peer-to-peer lending, Cryptocurrency, Blockchain technology )

Selected Publications

2021: A Gap in Brain Gain for Emerging Countries: Evidence of International Immigration on Non-Resident Patents, Journal of Risk and Financial Management (7 pp.)

2021: Do they recall their past? CEOs’ liquidity policies across firms as they switch jobs, Journal of Behavioral and Experimental Finance (100462 pp.)

2020: An integrated-dynamic mode of entry model: global MNEs entering into emerging markets, Review of International Business and Strategy (97--107 pp.)

2019: Does social capital affect dividend policy?, Journal of Behavioral and Experimental Finance (116--128 pp.)

Departmental Service

: - MBA Curriculum and Assessment
FIN 330 - Managerial Finance
FIN 335 - Investments
MBA 732 - Corporate Financial Management
MBA 733 - Investments
MBA 790 - Special Topics:
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