Skip to main content

We aim to become a leading corporate governance research institute in the UK and globally.

Corporate governance has been on policymakers’ agendas since the late 1980s/early 1990s when the UK experienced a wave of corporate scandals, most of which were caused by powerful CEOs who faced little or no resistance from their fellow board members.

Overseas scandals such as Enron, Worldcom and Parmalat further fuelled the debate on how corporate governance should be designed and regulated. Finally, the 2008 financial crisis, which was brought about by weak corporate governance and perverse executive incentive schemes in the banking sector, highlighted the implications of corporate governance failures for the broader economy.

Aims

  • Raise the visibility of Cardiff Business School as one of the leading centres for excellence in Europe for corporate governance research.
  • Serve as a platform in Cardiff Business School that facilitates cross-disciplinary research across Sections and across University Schools in corporate governance.
  • Pursue Cardiff Business School's Public Value Strategy by establishing links between the group’s members and outside stakeholders to disseminate the Group’s research on corporate governance, inform its research and pave the way for potential impact.

Research

Members of the group are studying a number of important issues and research questions in corporate governance.

These include:

  • the design of executive compensation and incentive schemes
  • the effect of board gender diversity on corporate decision making, innovation and firm value
  • corporate social responsibility (CSR)
  • the link between corporate control on the one side and dividend policy and insider trading on the other side
  • corporate governance in initial public offerings and venture-capital backed companies
  • the behavioural dynamics of boardrooms and corporate leadership
  • corporate governance in banks
  • the link between corporate governance and managers’ and investors’ decision making in the area of taxation
  • the effect of anti-takeover provisions on corporate innovation
  • corporate governance issues affecting family firms
  • how women are framed in corporate discourse
  • corporate governance in emerging markets, including China
  • directors’ networks

Meet the team

Director

Picture of Svetlana Mira

Dr Svetlana Mira

Reader in Finance, Deputy Head of Section (Learning and Teaching), Director of the Cardiff Corporate Governance Research Group

Telephone
+44 29208 76439
Email
MiraS@cardiff.ac.uk

Co-director

Picture of Jiaman Xu

Dr Jiaman Xu

Lecturer in Finance

Email
XuJ78@cardiff.ac.uk

Academic staff

Picture of Mengyuan Chen

Dr Mengyuan Chen

Lecturer in Accounting and Finance

Email
ChenM12@cardiff.ac.uk
Picture of Kevin Evans

Dr Kevin Evans

Reader in Finance; Deputy Head of Section Research, Impact and Innovation

Telephone
+44 29208 74558
Email
EvansK1@cardiff.ac.uk
Picture of Bo Guan

Dr Bo Guan

Lecturer in Accounting and Finance

Telephone
+44 29225 11772
Email
GuanB1@cardiff.ac.uk
Picture of Bilal Hafeez

Dr Bilal Hafeez

Lecturer in Finance

Telephone
+44 29225 11875
Email
HafeezB2@cardiff.ac.uk
Picture of Antonios Kallias

Dr Antonios Kallias

Senior Lecturer in Accounting and Finance

Telephone
+44 29208 75322
Email
KalliasA@cardiff.ac.uk
Picture of Hao Li

Dr Hao Li

Lecturer in Finance

Email
LiH86@cardiff.ac.uk
No picture for Asma Mobarek

Dr Asma Mobarek

Senior Lecturer in Economics

Telephone
+44 29208 74256
Email
MobarekA@cardiff.ac.uk
Picture of Helen Mussell

Dr Helen Mussell

Senior Lecturer in Organizational Studies (Ethics)

Telephone
+44 29206 88841
Email
MussellH@cardiff.ac.uk
Picture of Ivana Rozic

Dr Ivana Rozic

Lecturer in Accounting and Finance

Email
RozicI@cardiff.ac.uk
Picture of Laima Spokeviciute

Dr Laima Spokeviciute

Lecturer in Accounting and Finance

Telephone
+44 29208 75839
Email
SpokeviciuteL@cardiff.ac.uk
Picture of Onur Tosun

Dr Onur Tosun

Reader (Associate Professor) in Finance, Director of Sustainable Finance Research Group

Telephone
+44 29208 74517
Email
TosunO@cardiff.ac.uk
Picture of Qingwei Wang

Professor Qingwei Wang

Head of Accounting and Finance
Professor of Finance

Telephone
+44 29208 75514
Email
WangQ30@cardiff.ac.uk
No picture for Jason Xiao

Professor Jason Xiao

Honorary Visiting Professor

Email
Xiao@cardiff.ac.uk
Picture of Yue (tina) Xu

Dr Yue (tina) Xu

Senior Lecturer in International Business and Management

Telephone
+44 29208 74417
Email
XuY63@cardiff.ac.uk

Postgraduate students

Picture of Doreen Dai

Dr Doreen Dai

Research student

Email
DaiY23@cardiff.ac.uk
No picture for Min Ma

Mr Min Ma

Research student

Email
MaM17@cardiff.ac.uk

Associated Scholars

Events

BAM Corporate Governance and Financial Management SIG Annual Conference 2026

5 June 2026

Online conference on Financial Resilience, Sustainable Governance and Risk Management, organised by Corporate Governance and Financial Management SIGs.

Two distinguished speakers will be joining on the day, Professor Konstantinos Stathopoulos, who will deliver the keynote speech, and Professor Geoffrey Wood, who will share insights into publishing.

Further information can be found on the BAM website.

Past events

DateEvent typeAbout
18 March 2026Hybrid seminarDr Shumiao Ouyang (University of Oxford) - ‘AI as Decision-Maker: Ethics and Risk Preferences of LLMs’

11 February 2026

Online seminar

Associate Professor Vishal Baloria (University of Connecticut, USA) ‘Do voters inform managers’ capital allocation decisions?’

9 May 2025

Workshop, Cardiff Business School

Dr Svetlana Mira ‘Workshop on Event Study’.

2 April 2025

Workshop, Cardiff Business School

Dr Svetlana Mira ‘Workshop on Endogeneity’.

7-8 November 2024

International Conference on "CSR, the Economy and Financial Markets", Cardiff Business School

Keynote speakers:

  • Professor Alex Edmans, London Business School
  • Professor Richard Barker, University of Oxford and International Sustainability Standards Board (ISSB)
  • Associate Professor Amir Amel-Zadeh, University of Oxford

Conference co-organised by the Cardiff Corporate Governance Research Group and the Global Finance Journal. Significant sponsorship and organisational support received from Elsevier and Greenleaf Advisors (Chicago, US).

The Conference was a great success, and two panel discussions further enhanced the contribution of the Conference. Ali Fatemi (Greenleaf Board Member), Tom Hill (Savills), Calvin Jones (Cardiff University), and Marylis Ramos (Savills) discussed social and economic frameworks and climate solutions in finance (Panel discussion on “Sustainable Finance and Future Generations Investing”).

The second panel discussion (“Fire-side Chat with Journal Editors”) provided valuable advice from journal Editors, such as Amir Amel-Zadeh (European Accounting Review), Ali Fatemi (Global Finance Journal), Arman Eshraghi (International Review of Economics and Finance), Sabri Boubaker (Journal of International Financial Management & Accounting), and Kushti Westwood (Associate Publisher, Finance Journals, Elsevier).

For more information on the conference, please take a look at the accompanying news story.

7 – 8 September 2023

3rd International Corporate Governance Conference, “Challenges and Opportunities in Corporate Governance”, Cardiff Business School

Keynote speakers:

  • Professor Marc Goergen, Professor of Finance at IE Business School, Research Associate of the ECGI, Associate Editor of the British Journal of Management and the European Journal of Finance.
  • Professor Jens Hagendorff, Professor of Finance at King’s College London, advisor to banks and asset management firms on a wide range of finance, investment, and banking issues.

The main focus on the conference was on the role of corporate governance in the broader economy and the challenges in the field brough by the climate change, geopolitical risk, including the Ukraine-Russia war, and the recent pandemic.

In addition, the recurrent corporate scandals have sparked a series of revisions to governance policies and initiating reforms on a global scale. Designing and regulating corporate governance is ever more challenging in a fast-moving and globalised corporate environment.

28 June – 1 July  2023

3rd International Corporate Governance Conference, “Challenges and Opportunities in Corporate Governance”, Cardiff Business School

The 2023 European Financial Management Association Conference, was co-organised by the EFMA and Cardiff University.

This is an international and world-renowned association and members of the Cardiff Corporate Governance Research Group played a vital role in organising and supporting the event.

Dr Svetlana Mira, the Director of the Research Group, was the co-chair of the 2023 EFMA Conference and she has benefitted from valuable support from colleagues.

25 April 2023

Women Angels of Wales. Networking event, Cardiff Business School

Organised in collaboration with Women on Board UK, Women Angels of Wales, Development Bank of Wales, and the Development Bank of Wales.

This was an externally sponsored event attracting more than 60 practitioners to improve the network and collaboration of women investors and helping to develop a market for corporate directors in Wales.

8 June 2022

Workshop, Cardiff Business School

Dr Svetlana Mira ‘Workshop on Endogeneity’.

17 September 2021

2nd International Corporate Governance Conference,“Emerging Challenges and Opportunities in Corporate Governance”. Online

Keynote speakers:

  • Mr Ken Skates MS is a member of Welsh Parliament (Senedd), and until recently, the Welsh Government’s Minister for Economy, Transport and North Wales.
  • Professor Konstantinos Stathopoulos is Professor of Accounting and Finance at Alliance Manchester Business School and joint Editor-in-Chief of Corporate Governance: An International Review.
  • Professor Marc Goergen, Professor of Finance at IE Business School. He is also a Research Associate of the ECGI and an Associate Editor of the British Journal of Management

The focus of the conference was on the role of corporate governance in dealing with the consequences of the COVID-19 Pandemic and the main themes trends developing in the in the field. Professor Marc Goergen conversed about the governance through ownership and sustainable corporate governance whilst Professor Konstantinos Stathopoulos focused on the role of corporate governance in a post-Brexit and post-pandemic world. A more practical and policy discussion was led by Mr Ken Skates MS.

The Conference Programme comprised of five sessions on:

  1. governance and climate change
  2. culture and investment
  3. board diversity
  4. governance-law nexus
  5. shareholder activism.

This was a highly successful event enjoyed by national and international participants.

10 – 12 May 2018

1st International Corporate Governance Conference,“Corporate Governance”. Cardiff Business School

Keynote speaker:

Professor Brian Cheffins, S.J. Berwin Professor of Corporate Law at the University of Cambridge. Professor Cheffins talked about the Transformation of the American Public Company.

The keynote speech by Professor Brian Cheffins focused on the transformation of public companies and the impact this transformation has on the corporate governance.

The Conference Programme contained four sessions:

  1. corporate governance research at Cardiff University
  2. shareholder activism
  3. monitoring by shareholders and the board of directors
  4. law, regulation and accountability.

The Conference culminated in an active panel discussion with Adrian Coles (non-executive director), Nigel Davies (practitioner), Profession Silke Machold (chair), Professor Nadia Massoud and Professor Annie Pye.

12 December 2016

Inauguration of the Cardiff Corporate Governance Research Group, Cardiff Business School

The Cardiff Corporate Governance Research Group (CCGRG) is a multi-disciplinary group. It includes academics from Cardiff Business School (Business, Economics, Management, Operations) and the School of Law and Politics.

The members of the CCGRG explore a number of important issues and research questions in corporate governance, including, boards of directors, international corporate governance, executive compensation, corporate governance in new ventures, corporate social responsibility amongst other topics.

Resources

Conference Programme - CCGRG 2023.pdf

3rd International Corporate Governance Conference, theme: “Challenges and Opportunities in Corporate Governance".

Conference programme - CCGRG 2021 FINAL.docx

Conference programme - CCGRG 2021 FINAL.docx