Skip to main content

Is the English Premier League owners' and directors' test fit for purpose?

Football boots feature size

Professor Adrian Bell

Associate Pro-Vice-Chancellor Research (Prosperity and Resilience)
Published 18 May 2020
Topics:
Research news

You might also like

Should Investors Include Bitcoin in Their Portfolios? A Portfolio Theory Approach

12 November 2018
There has been a lot of anecdotal discussion around the volatility of the price of bitcoin and whether or not a bubble is currently present in cryptocurrencies. Much of this impassioned debate is based around speculative trading activities but what would be the outcome if we considered its place as part of a balanced portfolio of investments?
Research news

Finance Research Team Wins Best Paper Award at International Conference

25 September 2025
ICMA Centre Professors Professor Radu S. Tunaru and Professor Emese Lazar, jointly with Ning Zhang, have won the Best Research Paper Award at the International Finance and Banking Society (IFABS) Conference in Shanghai, China, in December 2024.
Henley news Business News Research news Department news Awards and prizes

Academics Win Best Corporate Finance Paper Award 2016

8 November 2016
"Institutional Cross-ownership and Corporate Strategy: The Case of Mergers and Acquisitions" by Professor Chris Brooks, Dr Yeqin Zeng, and PhD Zhong Chen has been awarded Best Corporate Finance Paper at the 2016 Southern Finance Association annual conference. About the paper: The paper provides new evidence on the important role of institutional investors in affecting corporate strategy. We study institutional investors who hold stocks of both acquirers and targets before the announcements of mergers and acquisitions (M&As). The existence of these institutional cross-owners not only increases the probability of two firms merging, but also affects the outcomes of M&As. Institutional cross-ownership reduces target firm prices, lowers completion probabilities of deals with negative acquirer announcement returns, and increases the use of stock payment in M&A transactions. Furthermore, deals with high institutional cross-ownership have lower transaction costs and disclose more transparent financial statement information.
Research news
Consent Preferences