Dr Nicholas Carline

Dr Nicholas Carline

The Department of Finance
Associate Professor of Finance

Contact details

Address
Birmingham Business School
University of Birmingham
Edgbaston
Birmingham
B15 2TT
UK

Dr Carline is an Associate Professor of Finance at Birmingham Business School. He was previously a Lecturer in Finance at Lancaster University Management School. His ongoing research interests are primarily focused on the efficiency of the takeover market and the interplay with corporate governance, as well as on causal inference in this and other areas of corporate finance. He is also specifically interested in issues concerning managerial risk-taking, share repurchases, accounting quality, and private firms. 

Dr Carline’s research has been published in the Journal of Financial and Quantitative Analysis, Financial Management, the Journal of Corporate Finance, and the Journal of Banking and Finance, as well as other outlets. In addition, his research has been funded by the Economic and Social Research Council and presented at annual meetings of the American Finance Association and the European Finance Association

Dr Carline teaches corporate finance to undergraduate and postgraduate students.

Qualifications

  • PhD in Finance
  • BA(Hons) in Accounting 

Biography

Dr Carline’s area of expertise is empirical corporate finance. His primary research interests concern topics in mergers and acquisitions. He has published papers in internationally-renowned journals in finance, such as Journal of Banking and Finance and Financial Management. His research has been presented at the highest conferences in the field of finance, including at annual meetings of the American Finance Association and the European Finance Association. His research has been funded by prestigious awarding bodies, such as the Economic and Social Research Council.

Teaching

Dr Carline is teaching the following modules on the following programmes:

  • BSc Accounting and Finance 
  • Corporate Finance
  •  Graduate Diploma in Business Administration 
  • Financial Analysis for Managers

Postgraduate supervision

Dr Carline is accepting excellent applicants on to the PhD programme in Finance with research interests matching his below under Research. 

Research

Research interests

  • Mergers and acquisitions
  • Corporate governance
  • Causal inference in corporate finance
  • Managerial risk-taking
  • Share repurchases
  • Accounting quality
  • Private firms

Other activities

  • Member of the American Finance Association
  • Member of the European Finance Association

Publications

Selected Publications

Carline, N.F. (2017), Corporate governance and takeover resistance, working paper. 

Carline, N.F. and Gogineni, S. (2017), Target management entrenchment and the takeover bid cycle, working paper. 

Carline, N.F., Linn, S.C., and Yadav, P.K. (2017), Do more extreme actions by incumbent CEOs to frustrate hostile takeover bids have legitimacy for target stockholders?, working paper. 

Presented at the annual meeting of the American Finance Association

Li, H., Carline, N.F., and Farag, H. (2017), Firm size, serial and non-serial selection into the acquisitions market, and expected stockholder-wealth effects, working paper. 

Scheduled to be presented at the annual meeting of the Financial Management Association

Sonika, R., Carline, N.F., and Shackleton, M.B. (2014), The option and decision to repurchase stock, Financial Management, 43: 833–855. 

Carline, N.F., Linn, S.C., and Yadav, P.K. (2009), Operating performance changes associated with corporate mergers and the role of corporate governance, Journal of Banking and Finance, 2009, 33: 1829-1841.

View all publications in research portal

Media experience

How Do Boards Exercise Their Discretion to Resist Takeover Bids? By Nicholas Carline, Sridhar Gogineni and Pradeep Yadav (July 14, 2022)

The CLS Blue Sky Blog: Columbia Law School's Blog on Corporations and the Capital Markets