Skip to main content

Research Repository

Advanced Search

All Outputs (6)

Board Nationality Diversity and Firm Value (2024)
Journal Article
Chen, J., Dedman, E., Kim, J. R., Metwally, T., & Stark, A. W. (2024). Board Nationality Diversity and Firm Value. British Journal of Management, https://doi.org/10.1111/1467-8551.12872

Using management, finance and social psychology theories, we challenge the common perception that demographic diversity on boards of directors is unequivocally beneficial for firms. Employing a sample of 3826 UK firm‐years, we analyse the dual nature... Read More about Board Nationality Diversity and Firm Value.

Energy shocks and bank efficiency in emerging economies (2023)
Journal Article
Nasim, A., Ullah, S., Kim, J. R., & Hameed, A. (2023). Energy shocks and bank efficiency in emerging economies. Energy Economics, 126, Article 107005. https://doi.org/10.1016/j.eneco.2023.107005

Geopolitical conflicts often result in commodity price increases and supply-chain disruptions to the global economy. A recent example of the Russia-Ukraine War caused a significant increase in energy prices, resulting in a prospect of recession in th... Read More about Energy shocks and bank efficiency in emerging economies.

Capital expenditures, corporate hedging and firm value (2021)
Journal Article
Ullah, S., Irfan, M., Kim, J. R., & Ullah, F. (2022). Capital expenditures, corporate hedging and firm value. Quarterly Review of Economics and Finance, 87, 360-366. https://doi.org/10.1016/j.qref.2021.06.008

Despite the well-documented mixed results of hedging on firm value, empirical evidence of why hedging reduces firm value is rare. Theory suggests that hedging can increase firm value by reducing bankruptcy cost and volatility, although it can also de... Read More about Capital expenditures, corporate hedging and firm value.

Blockchain, business and the fourth industrial revolution: Whence, whither, wherefore and how? (2020)
Journal Article
Kimani, D., Adams, K., Attah-Boakye, R., Ullah, S., Frecknall-Hughes, J., & Kim, J. (2020). Blockchain, business and the fourth industrial revolution: Whence, whither, wherefore and how?. Technological Forecasting and Social Change, 161, Article 120254. https://doi.org/10.1016/j.techfore.2020.120254

Blockchain is one the most remarkable technological innovations of the 21st century. The most notable application of blockchain is in the development and operation of cryptocurrencies (e.g. bitcoin, ethereum, among others). Besides the financial serv... Read More about Blockchain, business and the fourth industrial revolution: Whence, whither, wherefore and how?.

A Comparison of Equity Valuation Models: Empirical Evidence from a Sample of UK Companies (2019)
Journal Article
Kim, J. R. (2019). A Comparison of Equity Valuation Models: Empirical Evidence from a Sample of UK Companies. European Journal of Multidisciplinary Studies, 4(2), 105-120. https://doi.org/10.26417/ejms-2019.v4i2-544

This paper aims to answer one main question: can the superior models in accounting field be superior in finance field? That is, can models that generate a better approximation to stock price also generate higher returns in the future? To answer this... Read More about A Comparison of Equity Valuation Models: Empirical Evidence from a Sample of UK Companies.