Skip to main content

Research Repository

Advanced Search

Outputs (48)

An Overview of China's Financial System (2017)
Journal Article
Allen, F., Qian, J. “., & Gu, X. (2017). An Overview of China's Financial System. Annual Review of Financial Economics, 9, 191-231. https://doi.org/10.1146/annurev-financial-112116-025652

We provide a review of China's financial system and consider the challenges it faces and future reforms. The formal sectors of the financial system, which include a fast-growing stock market and are dominated by a banking sector with large state-owne... Read More about An Overview of China's Financial System.

Nonperforming loans in the GCC banking sectors: Does the Islamic finance matter? (2017)
Journal Article
Alandejani, M., & Asutay, M. (2017). Nonperforming loans in the GCC banking sectors: Does the Islamic finance matter?. Research in International Business and Finance, 42, 832-854. https://doi.org/10.1016/j.ribaf.2017.07.020

This paper investigates the bank-level and country-level factors determining nonperforming loans (NPL) in the commercial banking industry of Gulf Cooperation Council (GCC) countries. Specifically; it examines the impact of the sectoral distribution f... Read More about Nonperforming loans in the GCC banking sectors: Does the Islamic finance matter?.

Contagion in cyber security attacks (2017)
Journal Article
Baldwin, A., Gheyas, I., Ioannidis, C., Pym, D., & Williams, J. (2017). Contagion in cyber security attacks. Journal of the Operational Research Society, 68(7), 780-791. https://doi.org/10.1057/jors.2016.37

Systems security is essential for the efficient operation of all organizations. Indeed, most large firms employ a designated ‘Chief Information Security Officer’ to coordinate the operational aspects of the organization’s information security. Part o... Read More about Contagion in cyber security attacks.

The Work-Averse Cyber Attacker Model: Theory and Evidence From Two Million Attack Signatures (2017)
Preprint / Working Paper
Allodi, L., Massacci, F., & Williams, J. (2017). The Work-Averse Cyber Attacker Model: Theory and Evidence From Two Million Attack Signatures

A common presumption is that the typical cyber attacker is assumed to exploit all possible vulnerabilities with almost equal likelihood. That is, the probability of an attack on a given vulnerability is at maximum entropy, one cannot importance sampl... Read More about The Work-Averse Cyber Attacker Model: Theory and Evidence From Two Million Attack Signatures.

Ownership Structure and the Choice of SEO Issue Method in the UK (2017)
Journal Article
Andrikopoulos, P., Sun, J., & Guo, M. (2017). Ownership Structure and the Choice of SEO Issue Method in the UK. International Journal of Managerial Finance, 13(4), 378-396. https://doi.org/10.1108/ijmf-04-2017-0069

Purpose This study analyses the role of ownership characteristics in a firm’s choice of alternative seasoned equity offering methods, offer price discounts and market reactions to such announcements within the UK setting. Design/methodology/approach... Read More about Ownership Structure and the Choice of SEO Issue Method in the UK.

The impact of managerial ability on crisis-period corporate investment (2017)
Journal Article
Andreou, P., Karasamani, I., Louca, C., & Ehrlich, D. (2017). The impact of managerial ability on crisis-period corporate investment. Journal of Business Research, 79, 107-122. https://doi.org/10.1016/j.jbusres.2017.05.022

In this study, we document a strong positive relation between pre-crisis managerial ability and corporate investment during the crisis period, which remains robust in the presence of a large array of control variables capturing corporate governance a... Read More about The impact of managerial ability on crisis-period corporate investment.

Does a CEO's Cultural Heritage Affect Performance under Competitive Pressure? (2017)
Journal Article
Nguyen, D., Hagendorff, J., & Eshraghi, A. (2018). Does a CEO's Cultural Heritage Affect Performance under Competitive Pressure?. The Review of Financial Studies, 31(1), 97-141. https://doi.org/10.1093/rfs/hhx046

We exploit variation in the cultural heritage across U.S. CEOs who are the children or grandchildren of immigrants to demonstrate that the cultural origins of CEOs matter for corporate outcomes. Following shocks to industry competition, firms led by... Read More about Does a CEO's Cultural Heritage Affect Performance under Competitive Pressure?.