Joined Swansea University in April 2007. Formerly Professor at Cass Business School (City University), he has also been Visiting Associate Professor of Accounting at the University of Washington, Seattle and has held part-time and consulting appointments with a number of international banks and other financial institutions. His research interests focus on the pricing and corporate finance aspects of the UK investment trust industry.
Administrative:
Other roles:
Associate Editor, European Journal of Finance
Member of Programme Committee, European Finance Association
Member of Programme Committee, European Financial Management Association
External Examiner, Bath University and University of Essex
Selected academic publications:
- Repurchases and Investment Trusts (with Gordon Gemmill), Professional Investor, CFA Society of the UK (forthcoming).
- The Agency Effect of Repurchases on Closed-end Funds (with J. An and G. Gemmill), European Financial Management (forthcoming).
- The Relevance of Accounting Data in the Measurement of Credit Risk (with A.Demirovic), European Journal of Finance. 2007, 13, 253-268
- The Cross-Sectional Variability of Stock-Price Returns: country and sector effects revisited (with M.Steliaros), Journal of Asset Management, 2006, 7, 273-290.
- The Impact of Corporate Governance on Closed-end Funds (with G.Gemmill), European Financial Management, 2006, 12, 725-746.
- Market-Wide Shocks and Anomalous Price Behavior: Evidence from Closed-End Funds (with A.M.Fuertes), Journal of Banking and Finance, 2006, 30, 2517-2535.
- A Note on Cost Stickiness: some international comparisons (with K.Calleja and M.Steliaros), Management Accounting Research, 2006, 17, 127-140.
- Momentum and the FTSE 350 (with M.Ellis), Journal of Asset Management, 2004, 5, 25-36.
- Short-Term Reaction of Stock Markets in Stressful Circumstances (with M.Lasfer and A.Melnik), Journal of Banking and Finance, 2003, 27, 1959-1977.
- Noise-Trading, Costly Arbitrage and Asset Prices: Evidence from Closed-end Funds (with G.Gemmill), Journal of Finance, 2002, 57, 2571-2594.