Our faculty carries out research in a variety of areas, such as banking regulation, volatility forecasting, tail risk, real option models, dividend policy, hedge funds and mutual funds, and corporate governance of financial institutions. 

We have recently been successful in raising external funding from the European Union for a project on funding models for students in Higher Education. The faculty benefits from extensive connections with central banks and financial institutions, such as the Deutsche Bundesbank and Lloyds Bank. 

Our world-class researchers have recently published in journals such as Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Financial Intermediation, European Journal of Operational Research, Accounting, Organisations and Society, Journal of Banking and Finance, European Financial Management, and Journal of Futures Markets. 

Our staff members are experienced PhD supervisors. Our PhD students have access to the most innovative tools available, including a dedicated Reuters trading room facility (with access to Thomson Reuters, CRSP/Compustat and ORBIS). Topics for which supervision is available comprise (among others): banking regulation, initial public offerings, mergers and acquisitions, volatility forecasting, real option-pricing models, corporate governance. 

Examples of recent papers

Azevedo, A., and Paxson, D. (2014). “Developing Real Option Game Models”, European Journal of Operational Research 237 (3), 909-920. (ABS rank 4)

Blake, D., Caulfield, T., Ioannidis, C., and Tonks, I. (2014). “Improved inference in the evaluation of mutual fund performance using panel bootstrap methods”, Journal of Econometrics, 183 (2), 202-210. (ABS rank 4)

Blake, D., Caulfield, T., Ioannidis, C. and Tonks, I. (2017). “New Evidence on Mutual Fund Performance: A Comparison of Alternative Bootstrap Methods.” Journal of Financial and Quantitative Analysis 52 (3), 1279-1299. (ABS rank 4)

Bruno, B., Onali, E., and Schaeck, K. (2017). “Market reaction to bank liquidity regulation”, Journal of Financial and Quantitative Analysis, forthcoming. (ABS rank 4)

Danisewicz, P., McGowan, D., Onali, E., and Schaeck, K. (2017). “Debt Priority Structure, Market Discipline and Bank Conduct”, Review of Financial Studies, forthcoming. (ABS rank 4*)  

Danisewicz, P., McGowan, D., Onali, E., and Schaeck, K. (2017). “The real effects of banking supervision: evidence from enforcement actions”, Journal of Financial Intermediation, forthcoming. (ABS rank 4)

Onali, E., Galiakhmetova, R., Molyneux, P., and Torluccio, G. (2016). “CEO power, government monitoring, and bank dividends”, Journal of Financial Intermediation 27 (2016), 89-117. (ABS rank 4)