The Department encourages PhD students who have interests aligned to those of active researchers in the Department. Our interests are typically quantitative with an empirical orientation using secondary data. Interviews and field work is not usually an interest area. Students considering the following topic areas are encouraged to consider applying:
- Corporate Governance
- Financial Performance
- Mergers and Acquisitions
- Small business finance
- Micro finance institutions
- Islamic finance applied to these types of issues is of interest.
Comparative studies between countries, including emerging market studies are encouraged. There are scholarships for which candidates may apply and most PhD candidates some tutorial teaching or research assistance work once their full enrolment status is attained after the first 6 months.
Research and Supervision Interests
The Department focusses research supervision primarily toward quantitative empirical topics in which staff are research active. Names of the staff, within the Department of Finance, who are available to supervise MPhil and PhD students and the areas in which they offer supervision, are:
Professor Ron Bird's main research interests are dysfunctionality in capital markets focusing on: the extent to which it exists, factors that contribute to its existence, economic consequences, and policy implications.
Professor Stuart Locke's primary research interests are financial performance and corporate governance, agribusiness finance, and small business finance.
Assoc Prof Gilbert (Gerry) Nartea's research expertise is in the areas of behavioural finance, investments, microfinance and agricultural finance. His areas of research interest are in empirical asset pricing, pricing anomalies, behavioural biases, decision analysis and risk management and capital structure determinants.
Dr. Krishna Reddy's main research interests are corporate governance, mergers and acquisitions and corporate finance.
Dr. Sazali Abidin's primary research interest is investment portfolio diversification, including financial markets and institutions, investment and risk management and corporate finance.
Dr. Nirosha Hewa Wellalage's primary research interest is corporate finance practices, capital structure mergers & acquisitions, capital budgeting, financial market developments, economic growth and development, entrepreneurship & entrepreneurial finance, small and medium enterprises, microfinance and venture capital, firm-level corporate governance, corporate valuation, access to external financing, cost of capital, indigenous business finance, emerging markets, climate change.
Dr Leon Li's research interests are credit risk, risk management, corporate governance, executive compensations, asset pricing anomalies, equity markets linkage and portfolio management.
Dr Geeta Duppati's primary research interest are corporate governance, foreign investments and privatization
Dr Greg Hou's main research interest are financial market efficiency, information transmission, risk analysis and management, long memory, high-frequency trading, liquidity and market microstructure.
Dr. Susanna Lu's primary research interest are corporate finance, corporate governance, mergers and acquisitions, international financial markets.