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Financial Markets, Innovation & Sustainable Economies (Convenor, Prof. Hussein Abdou)

Overview


In the realm of 'Financial Markets, Innovation & Sustainable Economies,' there lies a dynamic field of interdisciplinary research and academic excellence, dedicated to unravelling the synergistic relationship between financial markets, technological advancements, and the pursuit of sustainable economic growth. This theme delves deep into the synergistic relationship between financial markets, technological advancements, and the pursuit of sustainable economic growth. It embodies a commitment to understanding and shaping the way financial markets can act as catalysts for innovation and sustainability.

At the heart of this theme is a recognition of the critical role that financial markets play in driving economic innovation and fostering sustainable practices. Our research is grounded in exploring the complexities of how financial instruments and market dynamics can both support and challenge the transition towards sustainable economic models. By examining the intersection of finance, economics, and sustainability, our department offers unique insights into the mechanisms and policies that can guide economies towards a more sustainable future.

Our team, comprising a diverse group of accomplished academics and researchers, brings a wealth of knowledge in financial markets, financial innovation, economic theory, and sustainability. Their work is not just theoretical but is deeply connected to real-world implications, influencing policy and industry practices. Through rigorous research and insightful analysis, our department members have contributed to critical debates and discussions in esteemed academic journals, showcasing the department's dedication to impactful research. Examples include but are not limited to: The British Journal of Management; Regional Studies; Journal of International Financial Markets, Institutions and Money; The European Journal of Finance; European Management Review; The British Accounting Review; International Journal of Finance and Economics; Financial Innovation; Business and Society; Journal of Business Finance and Accounting; Journal of International Accounting, Auditing and Taxation; Journal of Business Ethics; Finance Research Letters; Knowledge-Based Systems; Quarterly Journal of Finance and Economics; Review of Managerial Science; International review of financial analysis; Annals of Operations Research; Global Finance Journal.

There are a number of PhD students working within this theme and members welcome applications from potential students interested in the topics above.

Dr Zary Aftab                                   

Dr Pankaj Chandorkar              

Dr Stephen Donnelly                

Dr Scott Ellis                            

Dr Efan Johnson                         

Dr William Klubinski                

Dr Savva Shanaev                                        

Prof. Rajesh Tharyan                 

Dr Dongna Zhang

Dr Mudassar Hasan

Dr Ioannis Petrakis


Amin, A., Ali, R., Rehman, R. U., & Hasan, M. (2024). Family ownership, control, and firm performance: Does gender diversity matter? Eurasian Business Review14(2), 501-525. https://doi.org/10.1007/s40821-024-00256-9

 

Carnevali, E., Ruggeri, F., & Veronese Passarella, M. (2024). Inequality and exchange rate movements in an open-economy macroeconomic model. Review of Political Economy36(2), 722-760. https://doi.org/10.1080/09538259.2022.2062961

Ellis, S., Sharma, S., & Brzeszczyński, J. (2022). Systemic Risk Measures and Regulatory Challenges. Journal of Financial Stability61, Article 100960. https://doi.org/10.1016/j.jfs.2021.100960

Shanaev, S., Johnson, E., Vasenin, M., Panta, H., & Ghimire, B. (2024). When Bitcoin is high: cryptocurrency value, illicit markets and US marijuana bills. Journal of Financial Regulation and Compliance32(4), 501-515. https://doi.org/10.1108/JFRC-09-2023-0146

Klubinski, W. J., Tsoligkas, F., Verousis, T., & Wang, L. (2023). Gender differences in hedge fund performance persistence. In Reference Module in Social Sciences Elsevier. Advance online publication. https://doi.org/10.1016/B978-0-44-313776-1.00101-X

Lau, C. K., Zhang, D., & Gozgor, G. (2024). Support Policies for Small Businesses During the Covid-19 Crisis: Evidence from Club Convergence Clustering Approach. Emerging Markets Finance and Trade60(3), 401-416. https://doi.org/10.1080/1540496X.2023.2228466

Petrakis, I., & Panos, G. A. (Accepted/In press). Financial Knowledge and Financial Resilience in Greece. Paper presented at 22nd Annual Conference of the Hellenic Finance and Accounting Association (H.F.A.A.) (2023), Athens, Greece. https://g53network.org/wp-content/uploads/2023/06/Panos_Petrakis.pdf

Shanaev, S., Skorochodova, A., & Vasenin, M. (2023). LGBT CEOs and Stock Returns: Diagnosing Rainbow Ceilings and Cliffs. Research in International Business and Finance66, Article 102063. https://doi.org/10.1016/j.ribaf.2023.102063


The theme's significance is further accentuated by the support it garners from prestigious funding bodies and its collaborations with leading global institutions. These partnerships not only enhance the breadth and depth of our research but also underscore our commitment to addressing global challenges in financial markets and sustainable economic practices. The following are recent examples of successful research grants:

2023-2024: “Agroforestry Social Research Project” Funder: DEFRA Department for Environment, Food and Rural Affairs [Professor Francisco Areal]

2023-24: Mapping the skill shortage and its impact on local economies in Northumberland (Phase 1-2) Funder: 21st Century Workforce Initiative [Professor Ignazio Cabras, Dr Ekaterina Shakina, Dr Mikhail Vasenin]

2022-2023: “Sus-Health: Sustainable and Healthy Diets for All” Funder: BBSRC Biotechnology and Biological Sciences Research Council (UKRI) [Professor Francisco Areal]

2022-2023: “Northumberland Skills Review Study 2023” Funder: Bridge Club Limited [Professor Ignazio Cabras]

2022-2023: “Compact Accounting and Finance Training” Funder:Fairstone Group Ltd [Professor Ignazio Cabras]


Moreover, the AFM Department is a vibrant hub for aspiring scholars, particularly welcoming PhD students and industry partners who are keen to delve into the complexities of financial markets and sustainability. The department offers an enriching environment for academic growth, bolstered by access to cutting-edge resources and mentorship from leading experts in the field. For students and researchers passionate about making a meaningful contribution to the world of finance and sustainable economies, our department presents an unparalleled opportunity to engage with and contribute to groundbreaking research.

In essence, the "Financial Markets, Innovation & Sustainable Economies" theme at the AFM Department, Newcastle Business School, Northumbria University, is a testament to our unwavering dedication to advancing knowledge and fostering innovative solutions for the financial and economic challenges of our times.

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