OUR MAJOR RESEARCH CENTRES
The Department of Applied Finance houses two major research centres.
CENTRE FOR CORPORATE SUSTAINABILITY & ENVIRONMENTAL FINANCE
The Centre for Corporate Sustainability and Environmental Finance at Macquarie University is a leading and interdisciplinary group of experts that develop financial and market applications to help tackle some of the world's most pressing environmental and social problems. The Centre has worldwide reach and impact by demonstrating a financial and business case for action on environmental and societal changes.
CHINA RESEARCH CENTRE
The China Research Centre strives to achieve excellence in applied business research, with a focus on Chinese capital markets. It acts as a platform for collaboration by both local and international experts across academia, industry and governments. Its goal is to foster innovative research and educational activities within the context of the Department of Applied Finance’s perspective of business for the benefit of society.
The Department of Applied Finance has a strong research program built on a collaborative multi-disciplinary approach. We pursue knowledge that puts us at the forefront of our disciplines in Australia and internationally.
The research of the Department is neatly captured by four key areas.
Commodity Markets & Climate Impacts
Mining and the export of natural resources are vital contributors to the Australian economy that are highly dependent on growth expectations and climate change adaptation policies. This research network focuses on econometric models and their application to commodity, energy, weather derivative and carbon emission markets. It aims to describe the complex behaviour and structure of these markets and to quantify financial and economic risks. Research also measures the risks of climate-impacted hazards on the Australian economy and evaluates strategies for mitigation and adaptation to climatic change. Finally, it aims to relate the impact of renewable energy policies to Australian commodity and financial markets.
Human Factors in Business & Finance
Research in this area is cross-disciplinary, drawing on strengths in finance, accounting, economics, management, ethics, psychology, financial literacy and linguistics—to develop an understanding of human behaviour in financial contexts. We examine how humans behave within financial institutions and how individuals make decisions and interpret financial information, using broad frameworks outside the traditional scope of economics and finance. Our findings: inform regulation; increase the resilience of financial institutions through improved governance and culture; and guide the design of more consumer-focused reports, products and services.
Banking & Regulation
This research area provides insights into the performance, governance and strategic interactions of financial institutions, and the costs and benefits of regulating their activities. The Australian banking sector has experienced significant changes and unprecedented growth in the past 20 years. It has recently been the subject of an extensive enquiry after questions arose about market behaviour and compliance—with recommendations currently being implemented. Current topical research projects investigate Australian bank capital, and international bank regulation and governance. These explorations include: bank capital and provisioning buffers; implicit subsidies evident in bond spreads; the impact of capital requirements on bank funding costs; determinants and outcomes of bank risk governance in the post-crisis period; and the effects of diversification in banking organisations.
Corporate Finance & Governance
This research area covers most topical issues in corporate finance and corporate governance especially focusing on international and emerging markets. We have engaged in collaborative research in finance discipline as well through interdisciplinary approach to research on areas across the finance, accounting, economics, and management disciplines. We have published co-authored papers in many leading academic journals through having successfully worked with colleagues locally and internationally on various research projects. Our current research projects investigate effects of political connections and promotion; government intervention; anti-corruption campaign; CEO compensation; bank lending and informal finance; cash holding and investment efficiency; IPO; ownership structure and family firm succession, board independence; mergers and acquisitions and the effects of government relation on audit quality.
OUR HIGHER DEGREE RESEARCH STUDENTS
The Department of Applied Finance provides a strong research focus for both its Masters in Research & PhD students. Under the guidance of their supervisors, our students focus on key research issues present in the field of Applied Finance.
Current PhD Students
|Dr Amir Armaniousfirstname.lastname@example.org||Professor Thomas Smith|
|Mr Imtiaz Bhayatemail@example.com,edu,au||Professor Andrew Lepone|
|Ms Humyra Jabeen Bristyfirstname.lastname@example.org||Professor Gary Tian|
|Ms June Caoemail@example.com||Professor Martina Linnenluecke|
|Mr Edward Curranfirstname.lastname@example.org||Associate Professor Vito Mollica|
|Mr Aldo Fortunato Dalla Costaemail@example.com||Associate Professor Vito Mollica|
|Mr Daniel Daugaardfirstname.lastname@example.org||Professor Thomas Smith|
|Mr Qobolwakhe Dubeemail@example.com||Professor Michael Aitken|
|Dr Eros Favarettofirstname.lastname@example.org||Professor Andrew Lepone|
|Mr Stephen Frielemail@example.com||Professor Andrew Lepone|
|Miss Chanyuan Gefirstname.lastname@example.org||Dr Lorenzo Casavecchia|
|Miss Yilian Guoemail@example.com||Dr James Cummings|
|Ms Jing Hefirstname.lastname@example.org||Professor Jing Shi|
|Mr Abbas Hejriemail@example.com||Dr Lorenzo Casavecchia|
|Mr Shahzada Imranfirstname.lastname@example.org||Professor Gary Tian|
|Mr Ognjen Kovacevicemail@example.com||Associate Professor Vito Mollico|
|Mr Yanlin Lifirstname.lastname@example.org||Professor Gary Tian|
|Mr Wei Liuemail@example.com||Profesor Gary Tian|
|Ms Yixiao Liufirstname.lastname@example.org||Dr Shane Magee|
|Mr Jon Matthewsemail@example.com||Professor Andrew Lepone|
|Mr Christian Neumeierfirstname.lastname@example.org||Professor Andrew Lepone|
|Miss Maria Francecsca Nuzzoemail@example.com||Professor Andrew Lepone|
|Mr Haresh Pardasanifirstname.lastname@example.org||Associate Professor Vito Mollico|
|Mr Luco Parlamentoemail@example.com||Professor Andrew Lepone|
|Mr Eugenio Piazzafirstname.lastname@example.org||Professor Andrew Lepone|
|Mr Florian Schroederemail@example.com||Professor Andrew Lepone|
|Miss Leilei Songfirstname.lastname@example.org||Professor Gary Tian|
|Mr Naveen Sumathipalaemail@example.com||Dr Grace Lepone|
|Miss Yanling Wufirstname.lastname@example.org||Professor Gary Tian|
|Mr Chen Yu Yanemail@example.com||Professor Andrew Lepone|
|Miss Zhini Yangfirstname.lastname@example.org||Dr Grace Lepone|
|Ms Hui Yuemail@example.com||Dr Shane Magee|
|Ms Qin Zhangfirstname.lastname@example.org||Professor Michael Aitken|
|Ms Lu Zhouemail@example.com||Dr Mehdi Sadeghi|
|Mr Justin Bercichfirstname.lastname@example.org||Professor Andrew Lepone|
Current Master of Research Students - MRES
|Mr Ao Shuemail@example.com||Professor Jing Shi|
|Miss Sijin Wangfirstname.lastname@example.org||Professor Jing Shi|
|Ms Yi Zhengemail@example.com||Professor Jing Shi|