Dr Patrick McColgan


Accounting and Finance

Personal statement

I joined the University of Strathclyde in April 2007 as a Senior Lecturer in Finance. Prior to this I studied Accounting and Finance at undergraduate and postgraduate level at the University of Strathclyde between 1996 and 2003 and was employed as a Lecturer in Finance at the University of Aberdeen between 2003 and 2007.


Has expertise in:

    • Corporate governance
    • Corporate restructuring
    • Security issuance and borrowing source


Orderbook demand for corporate bonds
Krebbers Arthur, Marshall Andrew, McColgan Patrick, Neupane Biwesh
European Financial Management (2022)
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)
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)
Home bias and the need to build a bond market track record
Marshall Andrew, McColgan Patrick, Krebbers Arthur, Neupane Biwesh
European Journal of Finance (2021)
Foreign direct investments : the role of corporate social responsibility
Marshall Andrew, McColgan Patrick, Liu Mei
Journal of Multinational Financial Management Vol 59 (2021)
Value creation around merger waves : the role of managerial compensation
Hillier David, McColgan Patrick, Tsekeris Athanasios
Journal of Business Finance & Accounting Vol 47, pp. 132-162 (2020)

More publications


My teaching interests include corporate finance and corporate governance. 

I have taught on a number of undergraduate and postgraduate finance courses at the Universities of Strathclyde and Aberdeen, and have contributed to postgraduate teaching in the Department of Strategy and Organisation at Strathclyde.  I have also led and delivered these courses in Bahrain, Hong Kong, Oman, Switzerland, Tanzania, and the United Arab Emirates. 

I was nominated for Teaching Excellence Awards at Strathclyde in each year from 2012 to 2016.  From 2007 to 2015 I was course director for the honours finance degree at Strathclyde.  During this period the finance degree consistently achieved above 90% overall satisfaction in the National Student Survey (NSS), which has fed into the department being rated in the top 5 UK universities for Accounting and Finance in the Times, the Independent, and the Guardian.

Research interests

My research is focused on corporate finance, and specifically corporate governance, corporate restructuring transactions and the source of corporate borrowing. 

I have published in a number of leading international finance journals, including the Journal of Corporate Finance, Journal of Banking and Finance, Journal of Financial Research, Journal of Business Finance and Accounting, and International Business Review.

Professional activities

Presentation at the 2019 Financial Management Association Annual Meeting

More professional activities