All Outputs (24)

How to Manage Portfolios in Different Clusters? An Unsupervised Machine Learning Approach (2024)
Preprint / Working Paper

Using the daily data from 2010 to 2023 on global indices for 15 heterogeneous stocks’ prices, this study examines traditional portfolio theory by applying unsupervised machine learning, particularly the K-means clustering algorithm. This algorithm id... Read More about How to Manage Portfolios in Different Clusters? An Unsupervised Machine Learning Approach.

Sustainable Development and Enterprise: Do Foreign Investor Care (2024)
Journal Article

Do Foreign investors care about promoting sustainable entrepreneurship and development? We find little evidence indicating that they do care. Our findings suggest foreign investors prefer nations with less punitive carbon emission regimes. Another wo... Read More about Sustainable Development and Enterprise: Do Foreign Investor Care.

Sustainable Development and Enterprise: Do Foreign Investors Care (2024)
Journal Article

Do foreign investors care about promoting sustainable entrepreneurship and development? We find little evidence indicating that they do care. Our findings suggest foreign investors prefer nations with less punitive carbon emission regimes. Another wo... Read More about Sustainable Development and Enterprise: Do Foreign Investors Care.

Does Board Diversity Mitigate Risk? The Effect of Homophily and Social Ties on Risk-Taking in Financial Institutions (2024)
Journal Article

Research Question/Issue This study investigates whether greater board diversity and looser social network ties have an impact on board independence and risk-taking in US financial institutions from 2010 to 2022.The... Read More about Does Board Diversity Mitigate Risk? The Effect of Homophily and Social Ties on Risk-Taking in Financial Institutions.

Corporate Governance, Emerging Technology, and Banks' Performance In G7 Countries:Three Essays (2024)
Thesis

This thesis consists of three essays on corporate governance (CG) and performance of banks in G7 countries. The first essay
empirically investigates the effect of CG practises on banks’ financial performance using Return-On-Assets, Return-On-Equity,... Read More about Corporate Governance, Emerging Technology, and Banks' Performance In G7 Countries:Three Essays.

Earnings Management, Earnings Quality, and Corporate Social Responsibility: A Panel Data Analysis (2024)
Thesis

Corporate Social Responsibility (CSR) has become a major priority for many companies in recent years. With increased attention placed on CSR, many questions have been raised as to whether it can help mitigate earnings management. The current research... Read More about Earnings Management, Earnings Quality, and Corporate Social Responsibility: A Panel Data Analysis.

Credit Rating and Capital Providers (2023)
Preprint / Working Paper

Credit Ratings (CRs) and Capital Providers (CPs) are strategically linked realities. Firms exhibit strategic behaviour in selecting their capital providers after rating changes. The findings show that after an upgrade, firms try to minimise their exp... Read More about Credit Rating and Capital Providers.

Revisiting corporate governance and financial risk‐taking (2023)
Journal Article
Alzayed, N., Eskandari, R., Eshraghi, A., & Yazdifar, H. (2023). Revisiting corporate governance and financial risk‐taking. International Journal of Finance and Economics, 29(4), 4787-4812. https://doi.org/10.1002/ijfe.2896

AbstractCorporate governance attributes have varying effects on risk taking when variables are examined separately. We study the effects of a large range of corporate governance attributes on risk taking using a comprehensive US sample. Our findings... Read More about Revisiting corporate governance and financial risk‐taking.

Bank failure prediction: corporate governance and financial indicators (2023)
Journal Article
Alzayed, N., Eskandari, R., & Yazdifar, H. (2023). Bank failure prediction: corporate governance and financial indicators. Review of Quantitative Finance and Accounting, 61(2), 601-631. https://doi.org/10.1007/s11156-023-01158-z

This paper reiterates the importance of corporate governance in banks. Failure prediction studies have mainly relied on using financial ratios as predictors. The most suitable financial predictors for banks are financial ratios following the CAMEL ra... Read More about Bank failure prediction: corporate governance and financial indicators.

Determinants of quality sustainability reporting practices in the financial services sector: evidence from G7 countries (2022)
Thesis
Oluwadebi, J. Determinants of quality sustainability reporting practices in the financial services sector: evidence from G7 countries. (Thesis). University of Salford

The financial services sector has been seen as an alien to sustainability reporting due to
the nature of the services the sector provides. However, in recent years, there are
increasing pressure on the financial services sector to include environme... Read More about Determinants of quality sustainability reporting practices in the financial services sector: evidence from G7 countries.

Essays on corporate governance of financial institutions in the United States (2022)
Thesis

Despite the importance of corporate governance in financial institutions, it remains an under researched area. Thus, this research includes three studies that examine the significant characteristics of corporate governance for financial institutions.... Read More about Essays on corporate governance of financial institutions in the United States.

Hybrid optimisation and formation of index tracking portfolio in TSE (2022)
Thesis
Assadi, M. Hybrid optimisation and formation of index tracking portfolio in TSE. (Thesis). University of Salford

Asset allocation and portfolio optimisation are some of the most important steps in an investors decision making process. In order to manage uncertainty and maximise returns, it is assumed that active investment is a zero-sum game. It is possible how... Read More about Hybrid optimisation and formation of index tracking portfolio in TSE.

Political connections and seasoned equity offerings (2021)
Journal Article

This study examines the impact of political connections on seasoned equity offerings. Using seasoned equity offerings (SEOs) from 2001 to 2018 in the USA, we find that politically connected issuers enjoy a lower cost of seasoned equity issuance than... Read More about Political connections and seasoned equity offerings.

Foreign Direct Investment and cost of sustainable development goals : implications for FDI decision makers (2021)
Presentation / Conference Contribution

Policy makers struggle to understand the limited impact of FDI on achieving Sustainable
Development Gaols (SDG). However, they overlook the fact that FDI like any other investment
decision is affected by the relative costs and benefits consideratio... Read More about Foreign Direct Investment and cost of sustainable development goals : implications for FDI decision makers.

Peeling away the layers of news : climate change sentiments and financial markets (2021)
Thesis
Tran, P. Peeling away the layers of news : climate change sentiments and financial markets. (Thesis). University of Salford

Unlike other news, climate news conveys the uncertainty around the substantial trajectory and the economic consequences of climate change. Since solutions to climate change are uncertain, unknown, or undesirable, climate change news may trigger count... Read More about Peeling away the layers of news : climate change sentiments and financial markets.

Implications of investment banks’ reputation and specialisation on initial public offerings and corporate takeovers (2021)
Thesis
Bessala, J.-L. (in press). Implications of investment banks’ reputation and specialisation on initial public offerings and corporate takeovers. (Thesis). University of Salford

This research thesis examines the implications of investment bank reputation and specialisation on the outcomes of mergers and acquisitions (M&A) and initial public offering (IPO) settings. With regards to M&A settings, we study the impact of top-tie... Read More about Implications of investment banks’ reputation and specialisation on initial public offerings and corporate takeovers.

Political connections and corporate activities : seasoned equity offerings, share repurchases, and M&A (2020)
Thesis
Nnadi, M. Political connections and corporate activities : seasoned equity offerings, share repurchases, and M&A. (Thesis). University of Salford

This thesis studies the impact of political connections on firm activity. Given the literature gaps, the three corporate activities selected to be examined are i) seasoned equity offerings, ii) share repurchases, and iii) mergers and acquisitions.... Read More about Political connections and corporate activities : seasoned equity offerings, share repurchases, and M&A.

The combined network effect of sparse and interlocked connections in SMEs’ innovation (2020)
Journal Article

This paper aims to examine the relationship between the structures of inter-organizational connections and innovation results in the context of small and medium enterprises (SMEs). Existing literature shows that inter-organization connections can ben... Read More about The combined network effect of sparse and interlocked connections in SMEs’ innovation.

A review of the relationship between leadership style and innovation : insights and directions for future research (2020)
Journal Article

This paper aims to critically reflect on the available literature on leadership style and innovation, and especially to assess the linkages between these variables. It starts with an overview of leadership studies, tracing the historical emergence an... Read More about A review of the relationship between leadership style and innovation : insights and directions for future research.

Integrating data envelopment analysis and balanced scorecard for improving organizations’ performance assessment (2019)
Thesis
Ellelly, N. (in press). Integrating data envelopment analysis and balanced scorecard for improving organizations’ performance assessment. (Thesis). University of Salford

In today's business environment, organizations aim to improve their performance to compete efficiently in a highly competitive global market. Thus, the concept of performance measurement has received significant attention from both academics and prac... Read More about Integrating data envelopment analysis and balanced scorecard for improving organizations’ performance assessment.