Professor M B Adams BA (Hons), MSc (Wales), Phd (Massey, NZ), CPFA, ACMA

Tel: +44(0)1792 513035

Fax: +44(2)1792 295626

Email: m.b.adams@swansea.ac.uk

A qualified accountant with commercial experience of the public (local government and private) insurance sectors.  Appointed to the Chair of Corporate Finance in 1999. Previously at the University of Bath, University of Glasgow and Massey University, New Zealand. Professor Adams' research interests are in the accounting, finance, economics and management aspects of insurance and risk. His work has appeared in several practitioner and scholarly journals as well as national and international conference proceedings.  Professor Adams is twice joint-winner of the Shin Insurance Research Excellence Award presented by the International Insurance Society in Singapore (2002) and New York (2003). Professor Adams heads the Financial Innovation and Risk Management Group (FIRM) at School of Business and Economics.

Teaching:

EBF322:    European Financial Management and Reporting (Undergraduate)

EBF323:    Financial Innovation and Risk Management (Undergraduate)

EBFM08:   Risk Management and Derivatives (MSc)

EBFM13:   Countemporary Finance issues (MSc)

Administrative:

Head of Accounting and Finance Group

School of Business and Economics Research Committee - member

Business and Management Seminar Convenor

Business and Management Working Papers - editor

Other:

Advisory Board Member, Centre for Risk and Insurance Studies (CRIS), University of Nottingham, UK (2004 - )

Research Associate, Centre for Risk and Insurance Studies (CRIS), University of Nottingham, UK (2004 - )

Research Fellow, Chinese Center for Insurance and Social Security Research (CCISSR), University of Beijing, China (2004 - )

Handelsbanken-Wallander Research Fellow in the Economic Histroy of the Swedish Insurance Industry,   Umeå University, Umeå, Sweden (2007 -)

Appeals Panel Member, Professional Conduct Committee, Chartered Institute of Management Accountants.

External Examiner, Risk and Insurance (undergraduate/postgraduate), University of Limerick, Ireland.

Selected academic publications:

Adams, M.B. (with Zou, H.) (2007), Debt capacity, cost of debt and corporate insurance, Journal of Financial and Quantitative Analysis, Vol 42, forthcoming.

Adams, M.B. (with Hardwick P. and Zou, H.) (2007),  Reinsurance and corporate taxation in the United Kingdom life insurance industry, Journal of Banking and Finance, Vol 31, forthcoming.

Adams, M.B. (with Lindmark, M. and Andersson, L.F.) (2006).  The evoluation and development of the Swedish insurance market, Accounting Business and  Financial History, Vol 16, No 3, November, forthcoming.

Adams, M.B. (with Ahmed, K. and Hossain, M.) (2006),  The effects of board composition and board size on the informativeness of annual accounting earnings, Corporate Governance:  An International Review, Vol 14, No 5, pp 418-431.

Adams, M.B. (with Zou H.) (2006),  The corporate purchase of property insurance:  Chinese evidence, Journal of Financial Intermediation, Vol 15, No 2,  pp 165-196.

Adams, M.B. (with Hardwick P.) (2003).  Actuarial surplus management in United Kingdom life insurance firms.  Journal of Business Finance and Accounting, Vol 30, Nos 5-6, June/July, pp 891-904.

Adams, M.B. (2003) (with Zou H. and Buckle M.J.).  Corporate risks and property insurance.  Evidence from the People's Republic of China, Journal of Risk and Insurance  (2002 Shin Insurance  Research Excellence Award winner), Vol 70, No 2, June, pp 289-314.

Adams, M.B. (2003) (with Burton, B. and Hardwick, P.).  The determinants of credit ratings in the United Kingdom insurance industry,  Journal of Business Finance and Accounting,  Vol 30, Nos 3-4, May/June, pp 539-572.

Adams, M.B. (2002) (with Hardwick, P.).  Firm size and growth in the United Kingdom life insurance industry, Journal of Risk and Insurance, Vol 69, No 4, December, pp 577-593.

Adams, M.B. (2001) (with Khaled, M. and Pickford, M.).  Estimates of scale and scope economies in the New Zealand life insurance industry, The Manchester School, Vol 69, No 3, June, pp 327-349.

Adams, M.B (2000) (with Hossain, M. and Cahan, S. F).  The investment opportunity set and the voluntary use of outside directors: New Zealand evidence, Accounting and Business Research, Vol 30, No 4, Autumn, pp 263-273.

Adams, M.B. (2000) (with Hillier, D.).  The effect of captive insurance company formation on stock returns:  An empirical test from the United Kingdom.  Journal of Banking and Finance, Vol 24, No 11, November, pp 1787-1807.

Adams, M.B. (1999) (with Hardwick, P.).  The determinants of financial derivatives in the United Kingdom life insurance industry. Abacus, Vol 34, No 2, pp 163-184.

Adams, M.B. (1998) (with Hardwick, P.).   An analysis of corporate donations:  United Kingdom evidence.  Journal of Management Studies, Vol 35, No 5, pp 641-654.

Adams, M.B. (1998) (with Hossain, M.).  Voluntary disclosure in the New Zealand life insurance industry:  An empirical test of the managerial-discretion hypothesis, Journal of Accounting and Public Policy, Vol 17, No 2, pp 245-281.