Applied Research Working Paper Series


Working papersStaff within the Department of Economics, Finance and Accounting regularly publish research papers, covering a wide range of applied research topics and areas of interest.

The contents of these papers should not be reproduced, quoted or used in any other way, without first obtaining the permission of the author(s).

Working Paper Series Index

2011 Research Working Papers
 RP11-6: Behavioural Determinants of Client Savings for Retirement. By Keith Redhead
 RP11-5: International portfolio diversification and the 2007 financial crisis: will structural change in equity market correlations have a lasting impact on optimal portfolio selection? By Jacek Niklewski and Timothy Rodgers
 RP11-4: Investor Sentiment And Calendar Anomaly Effects: A Case Study Of The Impact Of Ramadan On Islamic Middle Eastern Markets. By Heitham Al Al-Hajieh, Keith Redhead and Timothy Rodgers
 RP11-3: Behavioural Determinants Of Client Saving For Retirement. By Keith Redhead
RP11-2: The financial crisis and the UK residential housing Market: has the relationship between interest rates and house prices changed? By Chin-Bun Tse, Timothy Rodgers and Jacek Niklewski
RP11-1: Option theory, time diversification, and index funds .By Keith Redhead and Jacek Niklewski
2010 Research Working Papers
 RP10-6: The capital structure of Chinese listed firms: does manufacturing industry membership matter? By Chin-Bun Tse and Timothy Rodgers
 RP10-5: Behavioral Perspectives on Client Mistrust of Financial Services By Keith Redhead
 RP10-4: Performative education of prospective personal finance professionals: a multidisciplinary curriculum for higher education By Keith Redhead
RP10-3: Government Media or Commercial Media: An IO Study of the Chinese TV -Broadcasting Market By Hui Pan
RP10-02: Guaranteed Capital Funds: Behavioural and Option Pricing Perspectives. By Keith Redhead.
RP10-01: Multivariate GARCH Models: a comparative study of the impact of alternative methodologies on correlation. By Karl Shutes and Jacek Niklewski.
2009 Research Working Papers 
RP09-20: Behavioural Perspectives on Index Funds.  By Keith Redhead
RP09-19: Investor Sentiment And Islamic Calendar Anomaly Effects: A Case Study Of The Impact Of Ramadan In Jordan. By Heitham Al Al-Hajieh, Keith Redhead and Timothy Rodgers
RP09-18: Pricing Strategy of Platform: An Investigation to the Internet Service Provider (ISP) Industry. By Swadesh Kumar Samanta and Hui Pan.
RP09-17: Tiger, Tiger... What Lessons are there from Irish Industrial Policy for Small African Economies? By David Bailey, Helena Lenihan and Ajit Singh.
RP09-16: The MG Rover Closure and Policy Response: An evaluation of the Task Force Model in the UK by Gill Bentley, David Bailey and Alex De Ruyter.
RP09-15: The Multi-Disciplinary Nature Of Personal Finance. By Keith Redhead
RP09-14: Board structure and value added performance in Nigeria. By Preye E.G. Angaye, David Gwilliam, Oliver Marnet and Dennis Thomas.
RP09-13: Audit Within the Corporate Governance Paradigm: a Cornerstone Built on Shifting Sand? By David Gwilliam and Oliver Marnet.
RP09-12: Failures in governance of a not-for-profit organization: a case study of a housing association.  By Oliver Marnet.
RP09-11: Changing Policies for the Automotive Industry in the UK West Midlands: An Open Innovation Model.  By Stewart MacNeill and David Bailey.
RP09-10: Precariousness of employment and regional disparities: an analysis of the labour market status of MG Rover workers 3 years after closure. By Alex de Ruyter, David Bailey, Gill Bentley and Caroline Chapain
RP09-9: Option Theory Does Not Refute Time Diversification. By Keith Redhead
RP09-8: Undergraduate non-completion rates and whether or not it should be treated as an ethnicity issue: a case study of a cohort on ‘home’ students from a British ‘new’ university. By Timothy Rodgers
RP09-7: Place-renewing leadership: trajectories of change for mature manufacturing regions in Europe.  By D. Bailey, M. Bellandi, A. Caloffi and L. De Propris
RP09-6:  A Behavioral View of How People Make Financial Decisions. By Keith Redhead
RP09-5: Client mistrust of advisers, products and markets by Keith Redhead
RP09-4: Using Game Theory to Re-examine Dividend Signalling Theory by Chin-Bun Tse
RP09-3: Corporate Tax Planning In China: Do Shanghai Listed Companies Make Efficient Use of Tax Shields?  by Timothy Rodgers and Chin-Bun Tse
RP09-2: Student Performance In E-Education: How Far Do Leaning Style Differences Influence Student Grades? by Timothy Rodgers
RP09-1: Analysis of Cross Border and Domestic Mega-Mergers & Acquisitions of European Commercial Banks by Matthias A. Nnadi and Sailesh Tanna 

2008 Research Working Papers  
RP08-11: The impact of foreign direct investment on total factor productivity growth: international evidence from the banking industry.  By Sailesh Tanna.
RP08-10:   Financial advisors and their clients: can there be a meeting of minds? By Keith Redhead
RP08-9:  Finance theory and financial advice: is commission a necessary evil? By Keith Redhead
RP08-8:  A Behavioural Model of the Dot.com Bubble and Crash. by Keith Redhead
RP08-7: Modelling Skewness and Kurtosis: An Application of the Skewed Family of Distributions to the Johannesburg and Nairobi Stock Exchanges. By Karl Shutes.
RP08-6: Information In The London Stock Exchange- Was George Eliot Right? By Karl Shutes and Charlie Cai.
RP08-5: The effect of board size and composition on the efficiency of UK banks. By Sailesh Tanna, Fotios Pasiouras and Matthias Nnadi.
RP08-4: Determinants of profitability of domestic UK commercial banks: panel evidence from the period 1995-2002. By Kyriaki Kosmidou, Sailesh Tanna and Fotios Pasiouras.
RP08-3: Does Cash Flow Statement Add Value to Predicting Companies Failure in Malaysia? By Chin-Bun Tse and Mei-Sen Pak.
RP08-2: The prediction of bank acquisition targets with discriminant and logit analyses: methodological issues and empirical evidence.  By Fotios Pasiouras and Sailesh Tanna.
RP08-1: Student engagement in the e-learning process and the impact on their grades. By Timothy Rodgers.

2007 Research Working Papers
RP07-5: Regulations, supervision and banks' cost and profit efficiency around the world: a stochastic frontier approach. By Fotios Pasiouras, Sailesh Tanna and Constantin Zopounidis.
RP07-4: An Investigation Into The measurement of the quality in student unions: A quantitative analysis of eleven student unions. By Timothy Rodgers. 
RP07-3: What Drives Acquisitions in the EU Banking Industry? The Role of Bank Regulation and Supervision Framework, Bank Specific and Market Specific Factors. By Fotios Pasiouras, Sailesh Tanna and Chrysovalantis Gaganis.
RP07-2: Determinants of acquisitions in the EU commercial banking industry: An empirical investigation of banks' financial characteristics and market conditions. By Fotios Pasiouras and Sailesh Tanna. 
RP07-1: Market Efficiency within the German Stock Market: A comparative study of the relative Efficiencies of the DAX, MDAX, SDAX and ASE indices. By Admin Starcevic and Timothy Rodgers