Dr Theophilus Lartey

Job: Senior Lecturer in Accounting and Finance

Faculty: Business and Law

School/department: Leicester Castle Business School

Address: Hugh Aston 3.72, De Montfort University, The Gateway, Leicester, LE1 9BH

T: +44 (0) 116 366 4628

E: theophilus.lartey2@dmu.ac.uk

 

Personal profile

Theophilus Lartey is a Senior Lecturer in Accounting and Finance at the Leicester Castle Business School, De Montfort University, UK. Before joining De Montfort University, he was a Teaching and Research Assistant at the University of Cape Coast Business School. He studied at the De Montfort University (PhD, MSc.) and the University of Cape Coast (B.Com).

Theophilus is a Fellow of the Higher Education Academy (FHEA). He teaches undergraduate and postgraduate modules/courses in finance and econometrics. Theophilus is research active and has published articles in leading finance and management journals, including the Journal of Financial Research, Journal of Business Research, International Review of Financial Analysis, Business Strategy and the Environment, and International Journal of Accounting & Information Management, among other journals. His research interests are in the area of Corporate Finance, Corporate Sustainability, Corporate Governance, Banking, Innovation and Entrepreneurship.

He is currently the founder of Dream-Alive Foundation, Ghana, a capacity building (or capacity development) organisation that has a strategic vision of developing future leaders.

Research group affiliations

The Finance and Banking Research Centre (FiBRe)

Publications and outputs

19. Lartey, T., James, G. A., Danso, A., & Boateng, A. (2023). Interbank market structure, bank conduct, and performance: Evidence from the UKJournal of Economic Behavior & Organization210, 1-25.

18. Lartey, T., Uddin, M., Danso, A., & Wood, G. (2022). CEO overconfidence and IRS attention. Journal of Financial Stability, 61, 101035.

17. Danso, A., Adomako, S., Amankwah-Amoah, J., & Lartey, T. (2022). Sustainability orientation, CSR implementation and new venture growth. European Business Review. 34(4), 471-491.

16. Lartey, T., & Danso, A. (2022). CEO overconfidence and debt covenant violations. Journal of Financial Research, 45(1), 162-199.

15. Lartey, T., James, G. A., Danso, A., & Boateng, A. (2022). Bank business models, failure risk and earnings opacity: A short-versus long-term perspective. International Review of Financial Analysis, 80, 102041.

14. Adu-Ameyaw, E., Danso, A., Hickson, L., & Lartey, T. (2022). R&D spending intensity of private vs public firms: the role of cash flow, leverage and information quality. Journal of Applied Accounting Research. 23(4), 770-787.

13. Lartey, T., Danso, A., & Boateng, A. (2021). Co-opted boards and capital structure dynamicsInternational Review of Financial Analysis, 101824.

12. Lartey, T. A., Amankwah-Amoah, J., Danso, A., Adomako, S., Khan, Z., & Tarba, S. Y. (2021). Environmental sustainability practices and offshoring activities of multinational corporations across emerging and developed markets. International Business Review, 101789.

      • Runner-up for the IBR Best Paper Award 2022

11. Lartey, T., James, G. A., & Danso, A. (2021). Interbank funding, bank risk exposure and performance in the UK: A three-stage network DEA approach. International Review of Financial Analysis, 75, 101753.

10. Lartey, T., Kesse, K., & Danso, A. (2020). CEO extraversion and capital structure decisions: the role of firm dynamics, product market competition, and financial crisis. Journal of Financial Research, 43(4), 847-893.

9. Lartey, T., Danso, A., & Owusu-Agyei, S. (2020). CEOs' market sentiment and corporate innovation: The role of financial uncertainty, competition and capital intensity. International Review of Financial Analysis, 101581.

8. Konadu, R., Owusu‐Agyei, S., Lartey, T. A., Danso, A., Adomako, S., & Amankwah‐Amoah, J. (2020). CEOs' reputation, quality management and environmental innovation: The roles of stakeholder pressure and resource commitment. Business Strategy and the Environment, 29(6), 2310-2323.

7. Danso, A., Lartey, T., Gyimah, D., & Adu-Ameyaw, E. (2020). Leverage and performance: Do size and crisis matter?. Managerial Finance

6. Lartey, T., & Danso, A. (2020). Globalization, free markets and investor protection. Economics and Business Letters, 9(1), 8-13.

5. Alam, A., Uddin, M., Yazdifar, H., Shafique, S., & Lartey, T. (2020). R&D investment, firm performance and moderating role of system and safeguard: Evidence from emerging markets. Journal of Business Research, 106, 94-105.

4. Danso, A., Adomako, S., Lartey, T., Amankwah-Amoah, J., & Owusu-Yirenkyi, D. (2020). Stakeholder integration, environmental sustainability orientation and financial performance. Journal of Business Research. 119, 652-662.

3. Lartey, T., Yirenkyi, D. O., Adomako, S., Danso, A., Amankwah‐Amoah, J., & Alam, A. (2020). Going green, going clean: Lean‐green sustainability strategy and firm growth. Business Strategy and the Environment, 29(1), 118-139.

2. Danso, A., Lartey, T., Amankwah-Amoah, J., Adomako, S., Lu, Q., & Uddin, M. (2019). Market sentiment and firm investment decision-making. International Review of Financial Analysis, 66, 101369.

1. Danso, A., Lartey, T., Fosu, S., Owusu-Agyei, S., & Uddin, M. (2019). Leverage and firm investment: the role of information asymmetry and growth. International Journal of Accounting & Information Management, 27(1), 56–73.

Key research outputs

19. Lartey, T., James, G. A., Danso, A., & Boateng, A. (2023). Interbank market structure, bank conduct, and performance: Evidence from the UKJournal of Economic Behavior & Organization210, 1-25.

18. Lartey, T., Uddin, M., Danso, A., & Wood, G. (2022). CEO overconfidence and IRS attentionJournal of Financial Stability, 61, 101035.

17. Danso, A., Adomako, S., Amankwah-Amoah, J., & Lartey, T. (2022). Sustainability orientation, CSR implementation and new venture growth. European Business Review. 34(4), 471-491.

16. Lartey, T., & Danso, A. (2022). CEO overconfidence and debt covenant violationsJournal of Financial Research, 45(1), 162-199.

15. Lartey, T., James, G. A., Danso, A., & Boateng, A. (2022). Bank business models, failure risk and earnings opacity: A short-versus long-term perspective. International Review of Financial Analysis, 80, 102041.

14. Adu-Ameyaw, E., Danso, A., Hickson, L., & Lartey, T. (2022). R&D spending intensity of private vs public firms: the role of cash flow, leverage and information qualityJournal of Applied Accounting Research. 23(4), 770-787.

13. Lartey, T., Danso, A., & Boateng, A. (2021). Co-opted boards and capital structure dynamicsInternational Review of Financial Analysis, 101824.

12. Lartey, T. A., Amankwah-Amoah, J., Danso, A., Adomako, S., Khan, Z., & Tarba, S. Y. (2021). Environmental sustainability practices and offshoring activities of multinational corporations across emerging and developed markets. International Business Review, 101789.

      • Runner-up for the IBR Best Paper Award 2022

11. Lartey, T., James, G. A., & Danso, A. (2021). Interbank funding, bank risk exposure and performance in the UK: A three-stage network DEA approach. International Review of Financial Analysis, 75, 101753.

10. Lartey, T., Kesse, K., & Danso, A. (2020). CEO extraversion and capital structure decisions: the role of firm dynamics, product market competition, and financial crisis. Journal of Financial Research, 43(4), 847-893.

9. Lartey, T., Danso, A., & Owusu-Agyei, S. (2020). CEOs' market sentiment and corporate innovation: The role of financial uncertainty, competition and capital intensity. International Review of Financial Analysis, 101581.

8. Konadu, R., Owusu‐Agyei, S., Lartey, T. A., Danso, A., Adomako, S., & Amankwah‐Amoah, J. (2020). CEOs' reputation, quality management and environmental innovation: The roles of stakeholder pressure and resource commitment. Business Strategy and the Environment, 29(6), 2310-2323.

7. Danso, A., Lartey, T., Gyimah, D., & Adu-Ameyaw, E. (2020). Leverage and performance: Do size and crisis matter?. Managerial Finance

6. Lartey, T., & Danso, A. (2020). Globalization, free markets and investor protection. Economics and Business Letters, 9(1), 8-13.

5. Alam, A., Uddin, M., Yazdifar, H., Shafique, S., & Lartey, T. (2020). R&D investment, firm performance and moderating role of system and safeguard: Evidence from emerging markets. Journal of Business Research, 106, 94-105.

4. Danso, A., Adomako, S., Lartey, T., Amankwah-Amoah, J., & Owusu-Yirenkyi, D. (2020). Stakeholder integration, environmental sustainability orientation and financial performance. Journal of Business Research. 119, 652-662.

3. Lartey, T., Yirenkyi, D. O., Adomako, S., Danso, A., Amankwah‐Amoah, J., & Alam, A. (2020). Going green, going clean: Lean‐green sustainability strategy and firm growth. Business Strategy and the Environment, 29(1), 118-139.

2. Danso, A., Lartey, T., Amankwah-Amoah, J., Adomako, S., Lu, Q., & Uddin, M. (2019). Market sentiment and firm investment decision-making. International Review of Financial Analysis, 66, 101369.

1. Danso, A., Lartey, T., Fosu, S., Owusu-Agyei, S., & Uddin, M. (2019). Leverage and firm investment: the role of information asymmetry and growth. International Journal of Accounting & Information Management, 27(1), 56–73.

Research interests/expertise

  • Corporate Finance
  • Corporate Sustainability and Governance
  • Banking
  • Entrepreneurship and Innovation
  • Financial Economics

Areas of teaching

  • Corporate Finance
  • Quantitative Techniques
  • Financial Econometrics
  • Financial Markets and Institutions

Qualifications

PhD, FHEA, PGCAP, *CIMA, MSc, B.Com

Courses taught

ACFI5069-Applied Corporate Finance; ACFI3310-Advanced Corporate Finance; ACFI2302-Econometrics; ACFI1901-Quantitative Techniques; BFIN2004-Asset Pricing and Risk Management; BFIN1001-Global Financial Markets and Institutions

Honours and awards

  • Early Career Researcher of the Year 2021 (Commendation) - Research Oscars, Faculty of Business and Law, De Montfort University, Leicester
  • Rising Star 2020 (Nomination) - Research Oscars, Faculty of Business and Law, De Montfort University, Leicester
  • Vice Chancellor’s Distinguished Teaching Award 2020 (Nomination) - De Montfort University, Leicester
  • Best Student Performance Award 2016 (Wiiner) - De Montfort University, Leicester
  • Best Graduating Accounting Student 2015 (Winner) – University of Cape Coast, Ghana
  • ANKOKEM Excellence Award for Best Graduating Accounting Student 2015 (Winner) - Ghana
  • Dean’s Award for Academic Excellence 2015 (Winner) - University of Cape Coast, Ghana

Membership of external committees

Fellow of Higher Education Academy (FHEA)

Conference attendance

  • British Academy of Management 2022 (BAM2022) Conference - Reimagining business and management as a force for good (August 31 - September 2, 2022)
  • 4th Brunel Banking Conference - Bank Performance, Macroprudential Policy and Sustainable Finance (June 24, 2022)
  • 12th Financial Markets and Corporate Governance Conference and PhD symposium (FMCG 2022) - brings together leading experts from around the world to discuss, consider and share current research and emerging trends in the Australian and international finance sector (April 20 –22, 2022).
  • 8th Brunel Accounting Symposium - Promoting contemporary issues in accounting, continuing professional development, and fostering relationships with regulators and the accounting profession (June 19, 2019).
  • Intercultural and Inter-religious Dialogue in Globalized World - Co-Principal Investigator, Global Hands Leicester CIC with funding from Erasmus+ (May 16-22, 2018).
  • The First Global Conference on Creating Value - Co-Principal Investigator, Leicester Castle Business School in partnership with the Customer Value Foundation (May 23-24, 2018).
  • Freedom of Expression: the right or the duty - Co-Principal Investigator, Global Hands Leicester CIC with funding from Erasmus+ (March 19-27, 2018).

Current research students

  • Taiwo Akinyemi (2nd Supervisor)

ORCID number

0000-0001-8461-6977

Contribution to Community

Theophilus is the founder of Dream-Alive Foundation, Ghana, a capacity building (or capacity development) organisation that has a strategic vision of developing future leaders. He also works closely with Global Hands Leicester CIC, a Community Interest organisation that aims to tackle local and global issues through community engagement, education, and international development.

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