Find out about our research capabilities in finance, and who to contact for further details.
The Business School’s finance researchers are examining how investors and firms allocate scarce resources over time. This covers corporate financial decision-making, investment analysis, portfolio management and financial instruments, and institutions and markets.
The finance group’s research currently addresses:
- Asset pricing - Determining the factors that determine the required rate of return on risky assets.
- The cost of capital - Its application to capital budgeting, the valuation of firms and the regulation of pricing.
- Initial public offerings of equity securities - The factors affecting under-pricing and the history of the under-pricing phenomenon.
- Market microstructure - The impact of "market architecture" on the outcomes of the trading process.
- Securities’ market regulation - The regulation of information disclosure in financial markets and its impact on the financial information environment.
- Risk management - The identification and measurement of financial risks and the management of these risks using financial instruments.
- Banking, financial institutions and regulation - Bank supervision and regulation; the global financial crisis.