Academic

Selected Refereed Publications

1.         Private Equity Portfolio Company Performance During The Global Recession (with M Wright, D Siegel and L Scholes) Journal of Corporate Finance (2012)  forthcoming

2.         The value of non-financial information in small and medium-sized enterprise risk management (with E Altman and G Sabato) (2010)  The Journal of Credit Risk Vol 6. No. 2

3.         The determinants of trade credit demand: survey evidence and empirical analysis   (with S Paul) , Journal of Accounting, Business and Management (2007) 14: 96-116

4.         Value Gains on Flotation and IPO Underpricing (with Paula Hill), Journal of Business  Finance and Accounting (2006) , Vol 33 Issue 9-10 pp1435-1459

5.         Trade Credit Supply: An Empirical Investigation of Company Data  (with S Paul) ,  Journal of Accounting, Business and Management (2006) 13: 96-116 

6.         Participation and Productivity: A Stochastic Frontier Approach. (with A Robinson) , Economic and Industrial Democracy , Vol 27 No 4 pp 609-636, 2006

7.         The Separation of Ownership from Control and the Modelling of Directors Pay Decisions in UK SMEs: an empirical analysis (with R Watson), (2005) Small Business Economics Vol 24 pp 465-476       

8.         Disequilibrium in the UK Corporate Loan Market (with CV Atanasova), Journal of Banking and Finance, (2004) Vol 28 Issue 3 pp 595-614

9.         Borrowing Constraints and the Demand for Trade Credit: Evidence from Panel Data (with CV Atanasova),(2003) Managerial and Decision Economics, Vol 24, Issue 6-7

10.       An Examination of the factors Associated with Bank Switching in the UK Small Firm Sector (With C Howorth and MJ Peel), (2003) Small Business Economics Vol 20 No          4 pp305-317

11.       Trade Credit and Customer Relationships (with B Summers), Managerial and Decision Economics,(2003) Vol 24, Issue 6-7

12.       Small Firm Finance: An Empirical Investigation of the Pecking Order Hypothesis (with R Watson),(2002) Journal of Business Finance and Accounting Vol 29, (2002)

13.       Trade Credit Terms Offered by Small Firms: An Empirical Investigation (with B   Summers),(2002) Journal of Business Finance and Accounting Vol 29 N0 4, (2002)

14.       An Empirical Investigation of Trade Credit Demand (with B Summers) (2002),     International Journal of the Economics of Business .(2002)Vol 9, No 2 pp 257-270

15.       Corporate Failure Rates and the Impact of the 1986 Insolvency Act: An Econometric  Analysis ( with J Lieu), Managerial Finance (2002) Vol 28, No 6, pp 61-71

16.       Trade Credit Management and the Decision to Use Factoring (withB Summers)    Journal of Business Finance and Accounting (2000) Vol 27 No 1

17.       Late Payment and Credit Management in the Small Firm Sector:  Some Empirical Evidence (with M J Peel and C Howorth) International Journal of Small Business,     (2000) Vol 18 No 2 February

18.       Predicting Corporate Failure and Payment Behaviour (With B Summers and R S   Hope) International Journal of the Economics of Business Vol 7 No 3 (2000) pp 333-346

19.       Late Payment and the Small Firm: An Examination of case studies (with C Howorth) Journal of Small Business and Enterprise Development Vol 5 No 4 1999

20.       Trade Credit: A Strategic Tool ?The Journal of Risk Finance (1999) Vol 7

21.       The Perception and Effects of ‘Ownership’ in Employee Buy-Outs: Some Empirical Evidence (with A Pendleton and M Wright) British Journal of Industrial Relations      (1998), Vol 36 No 1 p99-123

22.       The Longer Term Effects of Management-Led Buy-Outs(with M Wright and K Robbie)Journal of  Entrepreneurial and Small Business Finance , (1998), 5(1) p213-23

23.       Small Business Start-ups: Success Factors and Support Implications (with K Watson  and S Hogarth-Scott) International Journal of  Entrepreneurial Behaviour and         Research (1998) Vol 4 No 3 p217-238

24.       Using Neural Networks for Credit Risk Management (with B Summers)Journal of Credit Management, (1998) Issue 1, pp 4-10

25.       Profit-Sharing in OECD Countries: A Review and Some Evidence (with S Estrin, V Perotin,and A Robinson), Business Strategy Review, (1997)  Vol 8, Issue 4, p27-32

26.       Working Capital and Capital Budgeting Practices in the Small Firm Sector (with M J Peel) International  Small Business Journal (1996)  Vol 14 No 2, Issue 54, pp52-68

27.       Employee Participation and Corporate Governance in Employee-Owned Firms (with A Pendleton et al) Work, Employment and Society , (1996) Vol 10, No 2,  pp205-226,

28.       Do small businesses have to practice marketing to survive and grow (with S Hogarth-Scott and K Watson) Marketing Intelligence and Planning, (1996) Vol 14 No 1, p5-17

29.       An Analysis of Management Buy-out Failures  (with M Wright, K Robbie C Ennew) Managerial and Decision Economics,(1996)  Vol 17, pp57-70

30.       Neural Network Simulation and the Prediction of Corporate Outcomes: Some Empirical Findings (with K S Chong and  M J Peel) International Journal of the          Economics  of  Business (1995) Vol 2, No 1, pp31-50

31.       The Impact of ESOPs on Employee Participation and Industrial Democracy (with A Pendleton, A Robinson, J McDonald) Human Resource Management Journal, (1995)       Vol 5, No 4  p 44-6

32.       Does Employee Ownership Weaken Trade Unions ? Recent Evidence from the UK Bus Industry (with A Pendleton, A Robinson and J McDonald) Economic and Industrial Democracy August (1995), Vol 16 pp 577-605

33.       Forecasting International Tourism Flows Using Quarterly Data (With C Witt and  S Witt) Annals of  Tourism Research, 1994 Vol 21 No 3

34.       Restructuring and Failure in Buy-outs and Buy-ins (with M Wright and K Robbie)  Business Strategy Review, Summer (1994), Issue 2 Vol 5 pp 21-40

35.       Advertising, Barriers to Entry and Competition Policy (with C Pass and B Sturgess) Journal of  Product and Brand Management, (1994) Vol 3 No 3

36.       Emerging Forms of Organisation and Ownership in Europe (with H Mirza) International Business Review Vol 2 No 3, (1993)  pp221-222

37.       Comparative Performance of Cooperative and Private Companies: An Empirical Investigation (with A Robinson) (1993) International Business Review Vol 2 No 3,          pp281-296

38.       The Impact on Absenteeism and Quits of Profit-Sharing and Other Forms of Employee Participation. (With M.J.Peel) Industrial and Labor Relations Review,   April (1991), Vol 44 No 3 (18 pages)

39.       Unionisation, Wages and Productivity: Some UK Evidence (with J.R.Cable)Applied  Economics, (1991), January 1991. Vol 23 pp 219-227

40.       The Impact of Profit-Sharing, Voice and Participation on Labour Absenteeism (With M.J. Peel) International Journal of Manpower,  1990 Vol 11 Number 7 pp 17-25

41.       Profit-Sharing and Productivity: Some Further Evidence (with J.R. Cable) Economic Journal, (1990), vol 100 No 399.pp 550-63)

42.       Quit Rates, the Impact of Participation Profit-Sharing and Unionisation: Empirical Evidence from UK Engineering Firms (with J.R.Cable and M.J.Peel) British Journal  of Industrial Relations, (1990) vol 28 No 2, July, pp 197-213

43.       Profit-Sharing and Productivity: An  Analysis of UK Engineering Firms (with J.R. Cable) Economic Journal, (1989) Vol 99 No 396.pp 366-76

44.       Some Evidence on Discriminating between Failing and Distressed Acquired Firms in the UK Corporate Sector (With M.J.Peel) Managerial and Decision Economics,           (1989),Vol 10 No 3 pp 209-221

45.       Modelling the Effects of Advertising: Some Methodological Issues (with G.J Hooley)Journal of the Market Research Society, (1988), Vol 30, No 1.pp 45-58

46.       Modelling the Effects of Advertising: Further Methodological Issues (with G.J Hooley) Journal of the Market Research Society (1988), Vol 30, No 2.

47.       Advertising Expenditure and Aggregate Consumption in Britain and West Germany: An Analysis of Causality. Managerial and Decision Economics, (1984) Vol 5, No 4.           pp 290-306

48.       Forecasting Advertising Expenditure (With B.T. Sturgess)International Journal of Advertising,  (1983), Vol 2. pp 301-316

49.       Worker Cooperatives and the Promotion of   Cooperative Development in Britain (With J.Coyne) Industrial Relations Journal, March (1981) pp 30-45