Accounting and Finance

Risk Management and Derivatives, Risk Effect of Derivatives, Modelling Interest Rate and Foreign Currency Risks, Asian and Emerging Markets, Financial Crisis and Capital Market Research.

Voluntary disclosures; segment reporting; lobbying and standard setting; value relevance of financial information; international financial reporting standards

Stock markets analysis, mostly related to impacts of changing credit ratings, determinants of credit ratings, analysing the volatility - return relationship, event studies, asset pricing models mainly using higher order and downside models, volatility asymmetry and leverage. My focus is mostly in the area of quantitative finance as well as corporate finance.

Corporate finance including share repurchases, capital management, financial distress, dividend policy, tunneling, risk management.
Financial institutions management including capital management, executive remuneration, risk management, credit unions.
Derivatives including option pricing, futures pricing, efficiency of markets, microstructure issues.
Infrastructure including real options and pricing infrastructure investments, financing issues.

Banking, financial development and Islamic finance. Her PhD examined the cost and profit efficiency of the commercial banks in 12 economies in the Asia Pacific region, as well as the financial development of these economies.

Research interests encompass performance management systems; supply chains and risk. Methodologies combine quantitative and qualitative methods. In particular I use artificial intelligence, simulation and data mining to study complex systems. These methods are not part of a traditional Finance or Accounting education but are applicable to both and provide powerful ways of solving complex real world problems.

Financial accounting and financial reporting matters including: examining firms' discretionary accounting policies, accounting valuation methods, and disclosure choices; the impact of accounting regulation on firm value; executive remuneration and corporate governance.

Economics of auditing; Determinants of audit planning, production, fees, quality and efficiency; Auditor accountability and independence ; Public sector auditing.

Behaviour of risky assets; the cost of capital; option pricing.

Arbitrage in equity markets, trading strategies and anomalies in equity and option markets, short selling and asset pricing/market efficiency, derivative pricing with a focus on empirical testing of pricing models, volatility modeling and risk measurement.

Banking performance in emerging markets, corruption and financial deregulation and financial developments in South Asia.

Performance measurement and management; Management control systems; Contingency theory; Strategic aspects of Management Accounting; Supply chain Management; Environmental management accounting; Not-for-profit organizations.

Stochastic processes in finance; asset valuation; pricing the cost of bearing risk; general and life insurance; financial planning and superannuation.

Asset pricing, with a focus on the risk-based nature of contemporary asset pricing models and stock market anomalies. Funds management, with a focus on fund performance and style. Default risk modelling and the impact of default risk on asset prices. Corporate actions such as stock splits and their short-term and long-term price impact.

Financial Accounting Reporting area including accounting education, cash flow, EPS, extractive industries and CSR.

Have research and supervision interests in empirical finance and capital markets. He has studied stock market anomalies, return predictability, and risk-based explanations of the cross-section of stock returns. He also works in quantitative finance, in particular in relation to pricing options and other derivatives.

Bank Management, Loan default, corporate governance, Islamic banking and finance, and microfinance.

Asset pricing theory, time-series modeling of financial market volatility, cross-listing and price discovery, optimal consumption and portfolio choices, performance of mutual fund and hedge management, dynamic modeling of credit default swap spreads, credit risk modeling, micro-banking, bank mergers and consolidation, and wavelet analysis in finance.

Asset pricing, time series modelling and financial econometrics, dividend policy and tax preference, financial integration, closed-end funds puzzle, credit and liquidity risk measures, corporate governance, financial crisis.

Contingency Theory, Environmental Management Accounting, Management Control Systems, Performance Measurement in the Not-for-Profit Sector, Organisational and Strategic Change, Simons' Levers of Control

1. Asset Pricing (incl. equity and option pricing)
2. Forecasting
3. Hedge Funds
4. Mutual Funds
5. Financial Econometrics/ Statistics
6. Socially Responsible Investments
7. Trading Systems

The design and implementation of performance measurement systems and management control systems; behavioural implications of management accounting systems.

Empirical asset pricing and market efficiency. Conducted and published research work which investigates the competing asset-pricing models in Australia. Manapon has also examined a well-known momentum trading strategy in the Australian stock market. Current projects, which utilise US datasets, provide a detailed analysis of penny stocks, and the examination of the returns of socially-responsible investing (saint) and sin stocks.

Accounting history, value relevance of intangible asset measurement and disclosures, assets revaluation across different countries, globalisation of accounting standards and corporate governance.

The critical and social analysis of accounting with a focus on accountancy and gender/ethnicity/culture/class issues. Related to this are issues concerning environmental accounting, sustainability reporting, stakeholder engagement, social and environmental accountability and climate change.

Auditing: Behavioral research, including auditor decision-making processes, risk identification and assessment; Economics of auditing; including fraud, corporate governance, auditor choice, industry specialization; Assurance of environmental disclosures.

Initial and seasoned equity offerings; Emerging markets and industries (capital raising issues) Regulation of securities markets.

Financial accounting/capital markets areas including Earnings Quality (Earnings management, Earnings persistence, Earnings response coefficient, Accruals quality) Corporate Governance, Securities price effects of regulatory changes, and application of auditing and management accounting issues in financial accounting.

Bank competition and contestability modeling, interest spread analysis, parametric and nonparametric efficiency computation techniques, value at risk analysis and South Asian financial systems.

Financial reporting, including international accounting standards; corporate governance, executive remuneration, and the regulation and practice of social and environmental accountability and reporting.

Applications of Bayesian, probabilistic and decision-theoretic methods to Financial/Operational Risk Modelling, Economic Value of Information.

Bank and other financial institutions in Australia and the Asia Pacific; banking efficiency; financial development, banking and insurance, microfinance; Islamic banking and finance; prudential regulation; Corporate governance of financial institutions; dividend reinvestment plans and imputation; financial centres and international banking.

Management control systems (MCS); performance measurement; behavioural implications of the use and design of MCS, management control in NGOs.

Information systems strategy; development of information systems; e-commerce; design of accounting reports; online communities.

The Economics of Financial Accounting, Auditing and Corporate Governance and the implications for Capital Markets. Includes topics around Earnings Quality, Audit Quality, Audit Market Competition, Accounting and Disclosure Regulation; IFRS.

Optimisation, Decision Support Systems, EBusiness Systems, Technology Adoption and Diffusion, User Satisfaction Studies.

Asset Pricing (Empirical and Theoretical)
Behavioural Finance
Corporate Governance
Evaluation of Mutual Fund and Hedge Fund Managers.

Superannuation and pension funding; portfolio management and theory; arbitrage pricing theory; funds management; corporate finance and banking.

Corporate governance of IT; system use and appropriation of systems and business processes; the business value of information and technology; innovation, acceptance and diffusion of technology; user satisfaction studies; and ERP in Accounting education.