Business School

Finance

The 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:

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.