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Research in Business and Economics


The Faculty of Business and Economics at Monash University is a significant centre of research across an extraordinary range of discipline areas.

Within a number of discipline areas, the faculty is recognised throughout the world as a centre of considerable influence, at times shaping the conceptual and methodological framework of the disciplines themselves.

In a great many other areas within business and economics, Monash is at the forefront within Australia, and through research, teaching and industry linkages, is making a major contribution to business and the professions. We draw on a wide range of specialist expertise, whether in the regulation of financial markets in different jurisdictions, operations and supply chain management, electronic marketing, economic reform in China, or in a great many other areas.

The great strength of the research capability within the Faculty of Business and Economics is our ability to translate technical expertise of the highest order into pragmatic business and professional contexts and, in doing so, to make a real difference to the communities we serve.


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Research Spotlight

Balasingham Balachandran
Photo: Dr Balasingham Balachandran

Best value firms use fully-underwritten rights issues

Fully-underwritten rights issues in Australia are a powerful indicator of a company's superior value and attract the most favourable market reaction, an extensive study led by Monash University researchers has found.

The study's lead author, Dr Balasingham Balachandran from Monash's Faculty of Business and Economics, said the study was the first piece of empirical support for the notion that superior-quality Australian firms were more likely to use fully-underwritten rights issues.

Dr Balachandran conducted the Australian Research Council-funded study with Monash's Professor Robert Faff and Professor Michael Theobald, from the University of Birmingham. The study has been published in the Journal of Financial Economics, one of the world's top finance journals.

For more information please go to: http://www.monash.edu.au/news/newsline/story/1342