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Dr Frank Obenpong Kwabi

Job: Associate Professor in Accounting and Finance

Faculty: Business and Law

School/department: Leicester Castle Business School

Address: Hugh Aston Building

T: 0116 201 3862

E: frank.kwabi@dmu.ac.uk

W: http://dmu.ac.uk

 

Personal profile

Frank is Associate Professor in Accounting and Finance at De Montfort University. He is the Institute Head of Research Students for Finance and Banking Research Center (FiBRE). He was previously the Postgraduate Research Coordinator for the Department of Accounting and Finance. He is a Co-Editor of a special issue (SI) in the Sustainability Journal. Prior to joining De Montfort Frank worked at the University of Strathclyde as a part-time Lecturer in Finance whilst pursuing his PhD. He joined De Montfort University in 2016 as a VC2020 Lecturer in Accounting and Finance and was promoted to Senior Lecturer (2018) and Associate Professor (2019). Frank received PhD in Finance from the University of Strathclyde, MSc in Finance from Heriot Watt University and BA (Hons) in Accounting and Finance from Edinburgh Napier University, Scotland. He is a Senior Fellow of the Higher Education Academy (SFHEA), Certified Management & Business Educator (CMBE).

His research interests are concentrated in the area of international finance, cost of capital, insider trading laws, investor protection standards, stock market development, high frequency trading, and corporate social responsibility. He has a growing research in internally quality journals. His research has been published in a variety of journals including Bristish Journal of Management (ABS ranking 4*), International Review of Financial Analysis (ABS ranking 3*), Review of Quantitative Finance and Accounting (ABS ranking 3*), Economics Letters (ABS ranking 3*), International Journal of Finance and Economics (ABS ranking 3*), Empirical Finance (ABS ranking 2*), Journal of Multinational Financial Management (ABS ranking 2*). Frank has served as a reviewer internationally quality journals such Review of Quantitative Finance and Accounting, International Review of Financial Analysis, International Journal of Finance and Economics, Emerging Markets Review, Journal of Multinational Financial Management,Technological Forecasting and Social Change.

He has supervised six PhD students to successful completion and has examined three PhD viva. He is currently supervising six PhD students in the above-mentioned research areas. He was the winner of the Faculty of Business and Law Award for Postgraduate Research Supervisor of the year (2020), He was also the winner of Research OSCARS for Outstanding Contribution to Research Supervision (2020). Frank was shortlisted for the following Faculty of Business and Law Awards; Contribution to Research (2020), Research Mentor (2020).

He has supervervised over 35 MSc dissertations and he has taught several modules both at postgraduate and undergraduate levels. These modules include International Financial Markets and Institutions (Postgraduate), Entrepreneurial Finance and Financial Management (Postgraduate), Corporate Finance (3rd year), Business Finance (3rd year), Financial Derivatives (3rd year), Introduction to Accounting and Finance (1st year), Professional Communication (1st year). 

Key research outputs

[Add Key Research Ouputs information here]

Research interests/expertise

  • Corporate Finance
  • International portfolio diversification
  • Cost of capital
  • Stock market development
  • Investor protection standards
  • Insider trading
  • Equity home and foreign bias

Areas of teaching

  • Corporate Finance
  • Portfolio Management
  • Introduction to Finance and Accounting
  • Derivatives

Qualifications

PhD University of Strathclyde

MSc Heriot Watt University

PG Cert University of Strathclyde

BA (Hons) First Class Edinburgh Napier University

Courses taught

Current teaching:

  • Performance Measurement in Organisations (Year 2)
  • Professional Communication (Year 1)
  • International Financial Markets and Institutions (Postgraduate)

Previous taught:

  • ACFI 3203 Business Finance (Year 3)
  • ACFI 1203 Financial Decision Making (Year 1)
  • CORP 2165 Contemporary Management (Year 2)
  • LCBS5000 Entrepreneurial Finance and Financial Management (Postgraduate – Module Leader)

Previous admin role:

  • Doctoral Research Coordinator - Department of Accounting and Finance

Current admin roles:

  • Institute Head of Research Students
  • Module Leader: Performance Measurement in Organisations
  • Module Leader: International Financial Markets and Institutions

Honours and awards

1. Winner: Faculty of Business and Law Awards for Postgraduate Research Supervisor of the year (2020),

2. Winner: Research OSCARS for Outstanding Contribution to Research Supervision (2020).

3. Nominated: Faculty of Business and Law Awards for Contribution to Research (2020),

4. Nominated: Faculty of Business Awards for Research Mentor (2020).

Membership of external committees

European Finance Association

Royal Economic Society

American Finance Association

Senior Fellow of Higher Education Academy (SFHEA)

Conference attendance

Kwabi, F.O., Neupane, S., Paudyal, K., and Thapa, C., (2014) International portfolio investment and stock market development: British Accounting and Finance Association, London School of Economics, London. 

Kwabi, F.O., Neupane, S., Paudyal, K., and Thapa, C., (2014) Foreign portfolio investor’s influence and investor protection standards: Scottish DTC Business and Management Pathway PhD Colloquium at Stirling Management Centre. University of Stirling.

Kwabi, F.O., Faff, R., Marshall., and Thapa, C., (2013) Sub-optimal portfolio allocation and cost of capital: 7th International Accounting and Finance Doctoral Symposium. Bologna, Italy.

Key articles information

Boateng, A., Du, M., Bi, X., Kwabi, F.O., Glaidter, K.W. (2021). Ownership type, home country government-directed investment policies, and firm value in strategic sectors: Evidence from Chinese acquiring firms. British Journal of Management (forthcoming). ABS 4*

Ezeani, E., Salem, R., Kwabi, F.O., Boutaine, K., Komal, B. (2021). Board monitoring and capital structure dynamics: Evidence from bank-based economics. Review of Quantitative Finance and Accounting (forthcoming). ABS 3*

Boateng, A., Thai, N., Du, M., Kwabi, F.O. (2021). The impact of CEO compensation and excess reserves on bank risk-taking: The moderating role of monetary policy. Empirical Finance (forthcoming). ABS 2*

Kwabi, F.O., Boateng, A., (2021). The effects of insider trading laws and enforcement on stock market transaction cost. Review of Quantitative Finance and Accounting, 56 (3), 939-964. ABS 3*

Du, M., Kwabi, F.O., Yang, T.L. (2021). State ownership, prior experience and performance: A comparative analysis of Chinese domestic and cross-border acquisitions. International Journal of Accounting and Information Management (forthcoming). ABS 2*

Kwabi, F.O., Boateng, A., Fosu, S., Zhu, T., Chijoke-Mgbame, M., (2020). Foreign equity portfolio and corruption: A cross-country evidence. International Journal of Finance and Economics (forthcoming). ABS 3*

Kwabi, F.O., Boateng, A., Du, A., (2020). Impact of central bank independence, transparency and institutional quality on foreign equity portfolio flow: a cross-country analysis. International Review of Financial Analysis (forthcoming). ABS 3*

Kwabi, F.O., Thapa, C., Paudyal, K., Neupane, S., (2020). Sub-optimal international equity portfolio diversification and stock market development. Review of Quantitative Finance and Accounting, 54(1) pp.389-412. ABS 3*

Leone, V., Kwabi, F.O., (2019). High frequency trading, price discovery and market efficiency in FTSE100. Economics Letters, Vol 181, pp.174. ABS 3*

Adegbite, E., Guney, Y., Kwabi, F.O., Tahir, S., (2019). Finance and corporate social performance in the UK listed firms: The relevance of non-linearity and lag effects. Review of Quantitative Finance and Accounting, 52(1), pp. 105-158. ABS 3*

Kwabi, F.O., Boateng, A., Adegbite, E., (2019). International portfolio investment and enforcement of insider trading laws: A cross-country analysis. Review of Quantitative Finance and Accounting, 53(2) pp. 327-349. ABS 3*

Ahiabor, F. S., James, G., Kwabi, F.O., Siems, M.M., (2018). Shareholder protection, stock markets and cross-border mergers. Economic Letters, Vol 171, 54-57. ABS 3*

Kwabi, F.O., Boateng, A., Adegbite, E., (2018). The impact of stringent insider trading laws on cost of capital. International Review of Financial Analysis Vol 60, pp.127-137. ABS 3*

Kwabi, F.O., Thapa, C., Paudyal, K., Adegbite, E., (2017). Biases in international portfolio allocation and investor protection standards. International Review of Financial Analysis Vol 53, pp. 66-79. ABS 3*

Kwabi, F.O., Faff, R., Marshall., and Thapa, C., (2016). Sub-optimal portfolio allocation and cost of capital. Journal of Multinational Financial Management Vol 35, (6), pp. 41-58. ABS 2*

 

Current research students


  • Chizzy Wonu
  • Mathew Udenge
  • Abdullah Mamoon
  • Samuel Fulgence
  • Samuel Owusu-Manu
  • Manoj Koppula

Completed PhDs

1. Dr Wardah Abdulrahman Bindabel (2018): “The impact of Shariah (Islamic Principles) corporate governance on cross-border merger and acquisitions involving Islamic companies in the Gulf Countries”.

2. Dr Babatunde Adejumo (2019). "The internal audit function as a corporate governance mechanism in a developing economy: An empirical study of Nigerian Financial Sector". 

3. Dr Dalia Sharaf (2019).

4. Dr Nuha Alofi (2020): “The effect of corporate social responsibility disclosure on firms’ stock performance of the top 100 Tadawul Listed Companies”.

5. Dr Rawinder Kaur (2020): “Relationship between corporate social responsibility and bankruptcy: Evidence from U.K”.

6. Dr Samuel Fulgence (2020): "The effects of board and ownership structure on corporate governance disclosure: Evidence from East African Countries".

FRANK-KWABI