Journal of Corporate Finance achievement a testament to finance PhD


'Countries lending infrastructure and capital structure determination: The case of European SMEs' published in renowned Journal of Corporate Finance

The AIB Centre for Finance and Business Research is delighted with the publication of an article in the renowned Journal of Corporate Finance, one of top finance journals in the world. 

Co-written by one of the first PhD graduates from the Centre, Andrea Mc Namara along with her supervisor, Dr Sheila O Donohoe and their collaborator, Prof Pierluigi Murro from LUMSA University, Rome, the article is titled ‘Countries lending infrastructure and capital structure determination: The case of European SMEs’. Using a dataset of 37,198 firm observations across nine European countries a novel framework was applied in testing the impact of countries' institutional setting on SMEs capital structure.

In congratulating Andrea and Sheila, the Head of the School of Business Tom O’Toole said “This is a fantastic achievement given its classification as a 4 category journal in the UK's Associated Business School list meaning it is among the elite. In addition, it is testament to the quality of our finance PhD programme which is world class.”

Established in 2009 with the support of a stipend from AIB the Centre has to date seen five PhD candidates complete their research with a further four students under supervision.

About the AIB Centre for Finance and Business Research 

The main objective of the Centre is to produce and disseminate high quality research in the finance domain under the following key themes: (1) small firm finance, (2) behavioural finance, (3) governance and corporate responsibility and (4) personal finance.  The Centre supports a number of PhD research scholarships and hosts seminars and workshops.

 For further information contact Dr Sheila O Donohoe, Co-ordinator of the Centre, [email protected]

Visit the AIB Centre for Finance and Business Research

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