Publications

Selected publications of SFiC members:

• Appleyard, L, Rowlingson, K and Gardner, J (2016) ‘The variegated financialization of sub-prime credit markets’, Competition & Change, 20, 5, 297-313.
• Anderson, R. W., & Hamadi, M. (2016). Cash holding and control-oriented finance. Journal of Corporate Finance, 41, 410-425.
• Baquero, G., Hamadi, M., & Heinen, A. (2018). Competition, loan rates, and information dispersion in nonprofit and for‐profit microcredit markets. Journal of Money, Credit and Banking, 50(5), 893-937.
• Cumming, D.J., Farag, H, Johan, S and McGowan, D (2021). The Digital Credit Divide: Marketplace Lending and Entrepreneurship, Journal of Financial and Quantitative Analysis, forthcoming.
• Cumming, D.J., G. Leboeuf, and A. Schwienbacher, 2019. “Crowdfunding Models: Keep-it-All versus All or Nothing”, Financial Management, forthcoming
• Cumming, D.J., and M. Zhang, 2019. “Angel Investors around the World”.  Journal of International Business Studies, 50, pages692–719
• Cumming, D.J., R. Peter, A. Sannajust, and M. Tarsalewska, 2018. “Pre-Going Private Ownership around the World” British Journal of Management, 30(3), pp.692-711.
• Cumming, D.J., B. Haslem, and A. Knill, 2017. “Entrepreneurial Litigation and Venture Capital Finance” Journal of Financial and Quantitative Analysis, 52(5), pp.2217-2250.
• Cumming, D., Dannhauser, R., & Johan, S. (2015). Financial market misconduct and agency conflicts: A synthesis and future directions. Journal of Corporate Finance, 34, 150-168.
• Cumming, D.J., S.A. Johan, and D. Li, 2011. “Exchange Trading Rules and Stock Market Liquidity” Journal of Financial Economics 99(3), 651-671.
• Cumming, D.J., 2008. “Contracts and Exits in Venture Capital Finance” Review of Financial Studies 21, 1947-1982.
• Danisewicz, P., McGowan, D., Onali, E. and Schaeck (2020) 'Debtholder Monitoring Incentives and Bank Earnings Opacity', Journal of Financial and Quantitative Analysis, forthcoming.
• Danisewicz, P., McGowan, D., Onali, E. and Schaeck, K. (2018) 'Debt Priority Structure, Market Discipline and Bank Conduct', Review of Financial Studies, 31(111), p. 4493-4555.
• Danisewicz, P., McGowan, D., Onali, E. and Schaeck, K. (2018) 'The Real Effects of Banking Supervision: Evidence from Enforcement Actions', Journal of Financial Intermediation, 35(A), p.86-101.
• Farag, H and Johan, S (2021). How Alternative Finance Informs Central Themes in Corporate Finance, Journal of Corporate Finance, forthcoming.
• Farag, H. and Mallin, C.A (2016). The Impact of the Dual Board Structure and Board Diversity: Evidence from Chinese Initial Public Offerings (IPOs),Journal of Business Ethics, Volume 139, Issue 2, pp 333–349.
• Farag, H., Mallin, C.A., and Ow-Yong, K., (2014), Corporate Social Responsibility and financial performance in Islamic banks, Journal of Economic Behavior & Organization, 103, 21-38. Science Direct's 10 most downloaded Economics articles published since 1 January 2014 by authors based in the UK.
• Farag, H., Mallin, C.A., and Ow-Yong, K. (2014), Governance, Ownership Structure and Performance of Entrepreneurial IPOs in AIM Companies, Corporate Governance; An International Review, 22, 100-115.
• Guenther, C., Johan, S., & Schweizer, D. (2018). Is the crowd sensitive to distance?—How investment decisions differ by investor type. Small Business Economics, 50(2), 289-305.
• Guo, J. M., Li, Y., Wang, C., & Xing, X. (2018). The role of investment bankers in M&As: New evidence on acquirers’ financial conditions. Journal of Banking & Finance, forthcoming.
• Hamadi, M., Heinen, A., Linder, S., & Porumb, V. A. (2016). Does Basel II affect the market valuation of discretionary loan loss provisions?. Journal of Banking & Finance, 70, 177-192.
• Koirala, S., Marshall, A., Neupane, S., & Thapa, C. (2018). Corporate governance reform and risk-taking: Evidence from a quasi-natural experiment in an emerging market. Journal of Corporate Finance, forthcoming.
• Li, H., Liu, H., Verwijmeren, P., and Dutordoir, M., (2016). Convertible Bond Announcement Effects: Why is Japan Different? Journal of Corporate Finance. 37, 76-92.
• Macartney, H., D. Howarth, S. James (2020) Bank Power and Public Policy since the Financial Crisis, Business and Politics, 1-24.
• Macartney, H., & Calcagno, P. (2019). All bark and no bite: the political economy of bank fines in Anglo-America.Review of International Political Economy, 26(4), 630-665.
• Thapa, C., Rao, S, Farag, H. and Koirala, S. (2020). Access to internal capital, creditor rights and corporate borrowing: Does group affiliation matter? Journal of Corporate Finance, forthcoming.
• Rowlingson, K. Appleyard, L. and Gardner, J. (2016) Payday lending in the UK: the regul(aris)ation of a necessary evil?Journal of Social Policy, 45, 3, 527-543.
• Wang, Y, Farag, H, and Ahmad, W (2021). Corporate Culture and Innovation: A Tale from an Emerging Market, British Journal of Management, forthcoming.
• Zhang, D., Cai, J., Dickinson, D. G., & Kutan, A. M. (2016). Non-performing loans, moral hazard and regulation of the Chinese commercial banking system. Journal of Banking & finance, 63, 48-60.