Professor Frank Liu
- PGR Supervisor (Adam Smith Business School)
Publications
2018
Ly, K. C., Liu, F. H. and Opong, K. (2018) Can parents protect their children? Risk comparison analysis between affiliates of multi- and single-bank holding companies. Journal of Financial Stability, 37, pp. 1-10. (doi: 10.1016/j.jfs.2018.05.001)
2017
Ly, K. C., Liu, F. H. and Opong, K. (2017) Who acquires whom among stand-alone commercial banks and bank holding company affiliates? International Review of Financial Analysis, 54, pp. 144-158. (doi: 10.1016/j.irfa.2016.11.003)
Hung, C.-H. D. , Jiang, Y., Liu, F. H., Tu, H. and Wang, S. (2017) Bank political connections and performance in China. Journal of Financial Stability, 32, pp. 57-69. (doi: 10.1016/j.jfs.2017.09.003)
Chen, Z., Liu, F. H., Opong, K. and Zhou, M. (2017) Short term safety or long term failure? Empirical evidence of the impact of securitization on bank risk. Journal of International Money and Finance, 72, pp. 48-74. (doi: 10.1016/j.jimonfin.2016.12.003)
He, L., Chen, L. and Liu, F. H. (2017) Banking reforms, performance and risk in China. Applied Economics, 49(40), pp. 3995-4012. (doi: 10.1080/00036846.2016.1273501)
Tamanni, L. and Liu, F. H. (2017) What is Islamic microfinance? In: Cumming, D., Dong, Y., Hou, W. and Sen, B. (eds.) Microfinance for Entrepreneurial Development. Palgrave Macmillan: Cham, pp. 169-195. ISBN 9783319621104 (doi: 10.1007/978-3-319-62111-1_9)
2016
Chiaramonte, L., Liu, (F.) H., Poli, F. and Zhou, M. (2016) How accurately can Z-score predict bank failure? Financial Markets, Institutions and Instruments, 25(5), pp. 333-360. (doi: 10.1111/fmii.12077)
Li, H., Liu, H., Siganos, A. and Zhou, M. (2016) Bank regulation, financial crisis, and the announcement effects of seasoned equity offerings of US commercial banks. Journal of Financial Stability, 25, pp. 37-46. (doi: 10.1016/j.jfs.2016.06.007)
Dutordoir, M., Li, H., Liu, F. H. and Verwijmeren, P. (2016) Convertible bond announcement effects: why is Japan different? Journal of Corporate Finance, 37, pp. 76-92. (doi: 10.1016/j.jcorpfin.2015.12.006)
2015
Hoepner, A., Huang, G. and Liu, H. (2015) Beyond outreach: corporate social responsibility and the financial performance of microfinance institutions. In: Neher, A., Hoepner, A., Hebb, T., Hawley, J. and Wood, D. (eds.) The Routledge Handbook of Responsible Investment. Series: Routledge companions in business, management and accounting. Routledge. ISBN 9780415624510
Li, H., Liu, H. and Siganos, A. (2015) A comparison of the stock market reactions of convertible bond offerings between financial and non-financial institutions: do they differ? International Review of Financial Analysis, 45, pp. 356-366. (doi: 10.1016/j.irfa.2014.06.004)
2014
Chronopoulos, D., Liu, H., McMillan, F. and Wilson, J.O.S. (2014) The dynamics of US bank profitability. European Journal of Finance, 21(5), pp. 426-443. (doi: 10.1080/1351847X.2013.838184)
Goodard, J., Liu, H., McKillop, D. and Wilson, J.O.S. (2014) The size distribution of US banks and credit unions. International Journal of the Economics of Business, 21(1), (doi: 10.1080/13571516.2013.835970)
2013
Liu, H., Molyneux, P. and Wilson, J.O.S. (2013) Competition and stability in European banking: a regional analysis. Manchester School, 81(2), pp. 176-201. (doi: 10.1111/j.1467-9957.2011.02285.x)
Liu, H. and Wilson, J.O.S. (2013) Competition and risk in Japanese banking. European Journal of Finance, 19(1), pp. 1-18. (doi: 10.1080/1351847X.2011.633614)
Goddard, J., Liu, H., Molyneux, P. and Wilson, J. (2013) Do bank profits converge? European Financial Management, 19(2), pp. 345-365. (doi: 10.1111/j.1468-036X.2012.00578.x)
Liu, H., Molyneux, P. and Wilson, J.O.S. (2013) Competition in banking: measurement and interpretation. In: Bell, A.R., Brooks, C. and Prokopczuk, M. (eds.) Handbook of Research Methods and Applications in Empirical Finance. Edward Elgar, pp. 197-215.
2012
Liu, H., Molyneux, P. and Nguyen, L.H. (2012) Competition and risk in south east Asian commercial banking. Applied Economics, 44(28), pp. 3627-3644. (doi: 10.1080/00036846.2011.579066)
2011
Goddard, J., Liu, H., Molyneux, P. and Wilson, J.O.S. (2011) The persistance of bank profits. Journal of Banking and Finance, 35(11), pp. 2881-2890. (doi: 10.1016/j.jbankfin.2011.03.015)
2010
Liu, H. and Wilson, J.O.S. (2010) The profitability of banks in Japan. Applied Financial Economics, 20(24), pp. 1851-1866. (doi: 10.1080/09603107.2010.526577)
Liu, H., Molyneux, P. and Wilson, J.O.S. (2010) Measuring Competition and Stability: Recent Evidence for European Banking. Working Paper. Istituto Luigi Einaudi per gli Studi Bancari Finanziari e Assicurativi, Italy.
Articles
Ly, K. C., Liu, F. H. and Opong, K. (2018) Can parents protect their children? Risk comparison analysis between affiliates of multi- and single-bank holding companies. Journal of Financial Stability, 37, pp. 1-10. (doi: 10.1016/j.jfs.2018.05.001)
Ly, K. C., Liu, F. H. and Opong, K. (2017) Who acquires whom among stand-alone commercial banks and bank holding company affiliates? International Review of Financial Analysis, 54, pp. 144-158. (doi: 10.1016/j.irfa.2016.11.003)
Hung, C.-H. D. , Jiang, Y., Liu, F. H., Tu, H. and Wang, S. (2017) Bank political connections and performance in China. Journal of Financial Stability, 32, pp. 57-69. (doi: 10.1016/j.jfs.2017.09.003)
Chen, Z., Liu, F. H., Opong, K. and Zhou, M. (2017) Short term safety or long term failure? Empirical evidence of the impact of securitization on bank risk. Journal of International Money and Finance, 72, pp. 48-74. (doi: 10.1016/j.jimonfin.2016.12.003)
He, L., Chen, L. and Liu, F. H. (2017) Banking reforms, performance and risk in China. Applied Economics, 49(40), pp. 3995-4012. (doi: 10.1080/00036846.2016.1273501)
Chiaramonte, L., Liu, (F.) H., Poli, F. and Zhou, M. (2016) How accurately can Z-score predict bank failure? Financial Markets, Institutions and Instruments, 25(5), pp. 333-360. (doi: 10.1111/fmii.12077)
Li, H., Liu, H., Siganos, A. and Zhou, M. (2016) Bank regulation, financial crisis, and the announcement effects of seasoned equity offerings of US commercial banks. Journal of Financial Stability, 25, pp. 37-46. (doi: 10.1016/j.jfs.2016.06.007)
Dutordoir, M., Li, H., Liu, F. H. and Verwijmeren, P. (2016) Convertible bond announcement effects: why is Japan different? Journal of Corporate Finance, 37, pp. 76-92. (doi: 10.1016/j.jcorpfin.2015.12.006)
Li, H., Liu, H. and Siganos, A. (2015) A comparison of the stock market reactions of convertible bond offerings between financial and non-financial institutions: do they differ? International Review of Financial Analysis, 45, pp. 356-366. (doi: 10.1016/j.irfa.2014.06.004)
Chronopoulos, D., Liu, H., McMillan, F. and Wilson, J.O.S. (2014) The dynamics of US bank profitability. European Journal of Finance, 21(5), pp. 426-443. (doi: 10.1080/1351847X.2013.838184)
Goodard, J., Liu, H., McKillop, D. and Wilson, J.O.S. (2014) The size distribution of US banks and credit unions. International Journal of the Economics of Business, 21(1), (doi: 10.1080/13571516.2013.835970)
Liu, H., Molyneux, P. and Wilson, J.O.S. (2013) Competition and stability in European banking: a regional analysis. Manchester School, 81(2), pp. 176-201. (doi: 10.1111/j.1467-9957.2011.02285.x)
Liu, H. and Wilson, J.O.S. (2013) Competition and risk in Japanese banking. European Journal of Finance, 19(1), pp. 1-18. (doi: 10.1080/1351847X.2011.633614)
Goddard, J., Liu, H., Molyneux, P. and Wilson, J. (2013) Do bank profits converge? European Financial Management, 19(2), pp. 345-365. (doi: 10.1111/j.1468-036X.2012.00578.x)
Liu, H., Molyneux, P. and Nguyen, L.H. (2012) Competition and risk in south east Asian commercial banking. Applied Economics, 44(28), pp. 3627-3644. (doi: 10.1080/00036846.2011.579066)
Goddard, J., Liu, H., Molyneux, P. and Wilson, J.O.S. (2011) The persistance of bank profits. Journal of Banking and Finance, 35(11), pp. 2881-2890. (doi: 10.1016/j.jbankfin.2011.03.015)
Liu, H. and Wilson, J.O.S. (2010) The profitability of banks in Japan. Applied Financial Economics, 20(24), pp. 1851-1866. (doi: 10.1080/09603107.2010.526577)
Book Sections
Tamanni, L. and Liu, F. H. (2017) What is Islamic microfinance? In: Cumming, D., Dong, Y., Hou, W. and Sen, B. (eds.) Microfinance for Entrepreneurial Development. Palgrave Macmillan: Cham, pp. 169-195. ISBN 9783319621104 (doi: 10.1007/978-3-319-62111-1_9)
Hoepner, A., Huang, G. and Liu, H. (2015) Beyond outreach: corporate social responsibility and the financial performance of microfinance institutions. In: Neher, A., Hoepner, A., Hebb, T., Hawley, J. and Wood, D. (eds.) The Routledge Handbook of Responsible Investment. Series: Routledge companions in business, management and accounting. Routledge. ISBN 9780415624510
Liu, H., Molyneux, P. and Wilson, J.O.S. (2013) Competition in banking: measurement and interpretation. In: Bell, A.R., Brooks, C. and Prokopczuk, M. (eds.) Handbook of Research Methods and Applications in Empirical Finance. Edward Elgar, pp. 197-215.
Research Reports or Papers
Liu, H., Molyneux, P. and Wilson, J.O.S. (2010) Measuring Competition and Stability: Recent Evidence for European Banking. Working Paper. Istituto Luigi Einaudi per gli Studi Bancari Finanziari e Assicurativi, Italy.