Dr Patrick McColgan

Reader

Accounting and Finance

Personal statement

I have been Reader in Finance at the University of Strathclyde since 2017, having previously held the positions of Senior Lecturer in Finance at Strathclyde, and Lecturer in Finance at the University of Aberdeen. At Strathclyde, I have held extensive management responsibilities including Director for Postgraduate Research, Course Director for the Undergraduate Honours Year, Department Ethics Convenor, and Vice Convenor of the University Ethics Committee.

I am currently Director for Postgraduate Research (PGR) for the Department of Accounting and Finance with overall responsibility for PhD, DBA, and MPhil students in the department. In this role I manage oversight of continuing student reviews, run professional development sessions to support research students, and support staff and student applications for internal and external PhD scholarship funding. I also act as selector for applications from prospective students studying Finance.

Outside of department and university responsibilities, I acted as Chair of the Scottish Area Group of the British Accounting and Finance Association (BAFA) from 2016 to 2019. I was Secretary General for the University of Strathclyde’s team that hosted the 38^th European Accounting Association Annual Congress in 2015. With Andrew Marshall, I led the University of Strathclyde’s successful bid to host the Financial Management Association European Conference in 2019.

Expertise

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Area of Expertise

Corporate governance
Corporate restructuring
Security issuance and borrowing source

Publications

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Publications

An exploratory study on the socially responsible investment (SRI) awareness among Chinese retail investors: Cui Dan, Smith Julia, McColgan Patrick; British Accounting & Finance Association (2023)
Orderbook demand for corporate bonds: Krebbers Arthur, Marshall Andrew, McColgan Patrick, Neupane Biwesh; European Financial Management Vol 29, pp. 247-287 (2022); https://doi.org/10.1111/eufm.12387
Home bias and the need to build a bond market track record: Krebbers Arthur, Marshall Andrew, McColgan Patrick, Neupane Biwesh; European Journal of Finance Vol 28, pp. 1803-1818 (2022); https://doi.org/10.1080/1351847X.2021.2007149
How did the Sarbanes–Oxley Act affect managerial incentives? Evidence from corporate acquisitions: Hillier David, McColgan Patrick, Tsekeris Athanasios; Review of Quantitative Finance and Accounting Vol 58, pp. 1395-1450 (2021); https://doi.org/10.1007/s11156-021-01028-6
Bookrunner syndicate geography and the quality of service : the benefits of a local team: Krebbers Arthur, Marshall Andrew, Neupane Biwesh, McColgan Patrick; Journal of International Money and Finance Vol 119 (2021); https://doi.org/10.1016/j.jimonfin.2021.102500
Foreign direct investments : the role of corporate social responsibility: Marshall Andrew, McColgan Patrick, Liu Mei; Journal of Multinational Financial Management Vol 59 (2021); https://doi.org/10.1016/j.mulfin.2020.100663

More publications

Teaching

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Teaching

Current modules taught:

AG215 Business Finance (2^nd year undergraduate)
AG985 Topics in Corporate Finance (MSc)
AG993 Advanced Corporate Finance and Applications (MSc)

My main teaching is in Corporate Finance or Financial Management, and I currently teach modules in these subjects to Undergraduate and Masters cohorts. I have also taught a range of Finance modules at various stages of undergraduate and postgraduate study including Asset Pricing, Case Studies in Finance, Derivatives, Introductory Finance, and Portfolio Theory. Feedback on taught modules has always been very positive with scores consistently above 4 on a 5-point Likert scale. I have been nominated for Teaching Excellent Awards at Strathclyde on several occasions.

I have delivered these modules on taught undergraduate and postgraduate programmes in Bahrain, Oman, Hong Kong, Switzerland, Tanzania, and the United Arab Emirates, as well as on campus in Glasgow. I have additionally supervised postgraduate dissertations at the Universities of Bristol and York. I have acted as external examiner for taught programmes at UK universities including Dundee, Edinburgh, Lancaster, and Leeds.

Research

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Research Interests

My current research and PhD supervision interests are primarily in the areas of corporate restructuring, including employee layoffs, asset divestitures and liquidity in the market for corporate assets. I welcome PhD applicants interested to work in these areas and most areas of corporate finance.

I have supervised 9 PhD students to completion as first or second supervisor and am currently supervising 3 additional students. I have supervised on a range of topics across broad areas of corporate finance including corporate restructuring, debt issuance, corporate governance, and foreign direct investment transactions. I have acted as external examiner for 10 PhD students at UK and international universities.

I have published over 20 research papers in leading international finance journals including Journal of Corporate Finance, Journal of Banking and Finance, Journal of International Money and Finance, Journal of Financial Research, Journal of Business Finance and Accounting, European Financial Management, and British Accounting Review.