Here we feature the centre's recent and key projects.

Green Bonds Pricing

Project Background

Green bonds are instruments to finance corporate projects in decarbonisation and renewable energy.  Since their introduction a decade ago they have become one of the key means for financing the green transition.  The use of green bonds to improve environmental corporate goals (and ESG scores) would represent a novel approach to examine corporate performance. 

Research Questions

Can Green Bond Pricing be Associated with Environmental Data?

Methods

Graph matching algorithms to identify key structural patterns. Linear Weighted Combining.  Kernel Principal Component Analysis. Objective expert & stakeholder identification (PEST).

Project Leads / Supervisors

G.Peters (MACS) & D. Christopoulos

Co-investigators/ RAs/ PHDs

H. McGregor; M. Smith (Napier); PhD student

Funding

UKRI

Knowledge Transfer and Innovation Diffusion

Project Overview

The capacity of regional industrial clusters to implement green technologies is contingent on: knowledge exchange networks, knowledge creation networks, collaboration networks and the position of key actors in this multi-layered structure.

Research Questions

Are there opportunities to optimize the interaction of critical nodes?  What would make these systems of knowledge exchange resilient?

Methods

Social Network Analysis, employing descriptive, visual and inferential analytic methods. 

Project Lead / Supervisor

D Christopoulos

Co-investigators/ RAs/ PHDs

G. Peters (MACS); Y. Sarabi; M. Smith (Napier); PhD student

Journals & Dissemination

We will collect collaboration data from each cluster and combine their analysis in a mixed methods research design with publicly available data on patents, KTPs, research funding and other tangible evidence of innovation.   

Funding

EPSRC

Findings

A. Identify and compare best practice, (including UKRI knowledge transfer partnerships), among clusters. B. Identify latent capacity in systems of knowledge exchange. C. Report on each of the six industrial clusters.  D. Report on policy implications.   E. Contribute to the improvement of standards (i.e. ISO 30401).

Women Directors in the FTSE 100 & FTSE 350

Project Background

To investigate the career progression of women directors as well as the gender structure of boards of FTSE100 companies, from 2010-2017.

Research Questions

How the positions and relationships of women directors in the interlocking directorate networks or UK FTSE100 companies could hav an impact on them acquiring more directorship positions.

Methods

 Network analysis of interlocks. In depth interviews.Multimode analysis.

Project Lead / Supervisor

Heather McGregor

Co-investigators/ RAs/ PHDs

Dimitris Christopoulos, Yasaman Sarabi, Mat Smith (Napier)

Journals & Dissemination

Conference papers (BAM, INSNA etc); Administrtive Science Quarterly (under review); Gender in Management (accepted); Management Decision (under review).

A census of all directors in the FTSE 100 between 2010-2017 through publicly available records.  Targeted interviews.

Funding

Edinburgh Business School

Risk in Decarbonization Finance

Project Background

Green bonds are instruments to finance corporate projects in decarbonisation and renewable energy.  Since their introduction a decade ago they have become one of the key means for financing the green transition.  The use of green bonds to improve environmental corporate goals (and ESG scores) would represent a novel approach to examine corporate performance. 

Research Questions

Can Green Bond Pricing be Associated with Environmental Data?

Methods

Graph matching algorithms to identify key structural patterns. Linear Weighted Combining.  Kernel Principal Component Analysis. Objective expert & stakeholder identification (PEST).

Project Lead / Supervisors

G.Peters (School of Mathamtics and Computer Sciences) & D. Christopoulos

Co-Investigators / RAs/ PHDs

H. McGregor; M. Smith (Napier); PhD student

Funding

UKRI

Venture Capital Networks

Project Background

An analysis of the syndication of venture capital finance across different economic regions in Europe and globally. 

Research Questions

Is venture capital in the UK and Europe syndicating risk differently?  Does risk syndication patterns affect fund success? Does Public Venture Capital have different returns from Private VC?

Methods

Network analysis. In depth interviews. Multimode analysis.

Project Lead / Supervisors

D. Christopoulos & Heather McGregor

Co-investigators/ RAs/ PHDs

PHD student - Stefan Koeppl

Journals

Journal of Small Business Economics (under review); *Journal of Venture Capital (draft)

Funding

Edinburgh Business School