Project overview
This is a huge project spanning from 2008 and completion of Bruce Hearn's PhD at King's College London in 2008 through to 2024. It is based on the initial extensive travel across Africa visiting almost all of the continents national securities exchanges conducting interviews. The details are as follows below:
African Primary Financial Market corporate governance 03/2008 – 01/2016
Role: Principal Investigator (PI)
Status: Completed
Funding: £45,000-£50,000 from ESRC, internal university sources and approximately £30,000 from industrial sources (private consultancy work at HSBC and Credit Agricole Investment Bank)
Data collection: Extensive travel for interviews with national stock exchanges of
Ghana: GSE, Ghana stock exchange, Osu, Accra 7/2013
Ghana: GSE, Ghana stock exchange, Osu, Accra 3/2011
Mali (Sahara): Societe de Gestion Intermediere, Bamako 12/2008
Ghana: GSE, Ghana stock exchange, Osu, Accra 12/2008
Cote d’Ivoire: Bourse Regionale des Valuers Mobilieres 12/2008
Mozambique: BVM, Bolsa de Valores de Maputo, Maputo 7/2008
Zambia: LuSE, Lusaka stock exchange, Lusaka 7/2008
South Africa: Cape Town financial district 7/2008
Ghana: GSE, Ghana stock exchange, Osu, Accra 12/2007
Cote d’Ivoire: Bourse Regionale des Valuers Mobilieres 2/2007
Mozambique: BVM, Bolsa de Valores de Maputo, Maputo 7/2007
Botswana: BSE, Botswana stock exchange, Gabarone 7/2007
Kenya: NSE, Nairobi stock exchange, Nairobi 7/2007
Uganda: USE Uganda Securities Exchange, Kampala 6/2007
Ghana: GSE, Ghana stock exchange, Osu, Accra 7/2006
Nigeria: Nigerian stock exchange, Lagos 7/2006
Namibia: NSX, Namibian stock exchange, Windhoek 7/2001
South Africa: Cape Town financial district 7/2001
Algeria: Bourse d’Alger, Algiers city 8/2017
Morocco: Bourse de Casablanca, Casablanca 3/2008
Egypt: EGX Egyptian exchange Cairo floor, Cairo 2/2008
Egypt: EGX Egyptian exchange Alexandria floor, Alexandria 2/2008
Tunisia: Bourse de Tunis, Tunis 1/2008
Data: Led construction of proprietary database for every newly listed firm (“IPO firm”) in national stock exchanges across Africa (approximately 200 firms)
Duration: Data collection took 5 years from 2009 to 2014
Database construction undertaken in 3 distinct stages, where each would last approximately 6 weeks, 7 days per week, 10 hours per day of intensive work
Teams: Assembled and led collaborative teams of world-renowned professors including:
Professor/Dean Igor Filatotchev (Kings College London, UK),
Professor Lars Oxelheim (Lund, University, Sweden),
Professor Trond Randoy (Copenhagen Business School, Denmark),
Professor Venancio Tauringana (University of Southampton, UK),
Professor Collins Ntim (University of Southampton, UK),
Professor Kate Phylaktis (Emerging Markets Group, Cass/City University, UK)
Professor Roger Strange (University of Sussex, UK)
African Primary Financial Market corporate governance 03/2008 – 01/2016
Role: Principal Investigator (PI)
Status: Completed
Funding: £45,000-£50,000 from ESRC, internal university sources and approximately £30,000 from industrial sources (private consultancy work at HSBC and Credit Agricole Investment Bank)
Data collection: Extensive travel for interviews with national stock exchanges of
Ghana: GSE, Ghana stock exchange, Osu, Accra 7/2013
Ghana: GSE, Ghana stock exchange, Osu, Accra 3/2011
Mali (Sahara): Societe de Gestion Intermediere, Bamako 12/2008
Ghana: GSE, Ghana stock exchange, Osu, Accra 12/2008
Cote d’Ivoire: Bourse Regionale des Valuers Mobilieres 12/2008
Mozambique: BVM, Bolsa de Valores de Maputo, Maputo 7/2008
Zambia: LuSE, Lusaka stock exchange, Lusaka 7/2008
South Africa: Cape Town financial district 7/2008
Ghana: GSE, Ghana stock exchange, Osu, Accra 12/2007
Cote d’Ivoire: Bourse Regionale des Valuers Mobilieres 2/2007
Mozambique: BVM, Bolsa de Valores de Maputo, Maputo 7/2007
Botswana: BSE, Botswana stock exchange, Gabarone 7/2007
Kenya: NSE, Nairobi stock exchange, Nairobi 7/2007
Uganda: USE Uganda Securities Exchange, Kampala 6/2007
Ghana: GSE, Ghana stock exchange, Osu, Accra 7/2006
Nigeria: Nigerian stock exchange, Lagos 7/2006
Namibia: NSX, Namibian stock exchange, Windhoek 7/2001
South Africa: Cape Town financial district 7/2001
Algeria: Bourse d’Alger, Algiers city 8/2017
Morocco: Bourse de Casablanca, Casablanca 3/2008
Egypt: EGX Egyptian exchange Cairo floor, Cairo 2/2008
Egypt: EGX Egyptian exchange Alexandria floor, Alexandria 2/2008
Tunisia: Bourse de Tunis, Tunis 1/2008
Data: Led construction of proprietary database for every newly listed firm (“IPO firm”) in national stock exchanges across Africa (approximately 200 firms)
Duration: Data collection took 5 years from 2009 to 2014
Database construction undertaken in 3 distinct stages, where each would last approximately 6 weeks, 7 days per week, 10 hours per day of intensive work
Teams: Assembled and led collaborative teams of world-renowned professors including:
Professor/Dean Igor Filatotchev (Kings College London, UK),
Professor Lars Oxelheim (Lund, University, Sweden),
Professor Trond Randoy (Copenhagen Business School, Denmark),
Professor Venancio Tauringana (University of Southampton, UK),
Professor Collins Ntim (University of Southampton, UK),
Professor Kate Phylaktis (Emerging Markets Group, Cass/City University, UK)
Professor Roger Strange (University of Sussex, UK)
Staff
Lead researchers
Collaborating research institutes, centres and groups
Research outputs
Bruce Hearn,
2013, Research in International Business and Finance, 27(1), 52-65
Type: article
Bruce Hearn & Jenifer Piesse,
2012
Type: conference
Bruce Hearn,
2012, Journal of Transnational Management, 17(3), 169-188
Type: article
Bruce Hearn,
2012, Applied Financial Economics, 22(9), 681-707
Type: article
Bruce Hearn, Jenifer Piesse & Roger Strange,
2012, International Business Review, 21(1), 102-113
Type: article