Below is an overview of some major research areas in the Department of Finance:
Corporate decisions and corporate governance
Faculty in the department of finance conduct extensive research in several areas of corporate finance. These include R&D investments and innovation, mergers and acquisitions, bankruptcy, issuing securities, risk management, corporate social responsibility investment, information environment, ownership structure, government ownership, and valuation among others.
Financial markets research
This is a vast area of interest in the field of finance and focuses on financial markets dynamics, volatility, microstructure, asset pricing, short selling, market efficiency, anomalies in the stock markets, capital markets development, risk, etc.
Primary research interests in this area are risk, performance, and regulations in the banking sector, the interaction between micro and macro variables, macroeconomic implications of banking, liquidity creation, the industrial organization and the corporate finance characteristics of the banking system.
International business and finance
Faculty in the department of finance work in several areas of international finance including joint ventures, foreign investment flows, portfolio management and investments in emerging markets, the legal and cultural determinants of corporate decisions, sovereign wealth funds, and market dynamics and performance.
Islamic finance, institutions, and markets
Research in the area of Islamic Finance has been developing over the last twenty years. Areas in this field include the behavior of Islamic banks compared to conventional banks, the impact of Islamic finance on stock market volatility, and Islamic finance and financial stability.