Professor Sabri Boubaker

Professor

Accounting and Finance

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Available For Postgraduate Supervision

Research Links

https://orcid.org/0000-0002-6416-2952

ResearchGate

Google Scholar

About

Sabri is a Professor with the Accounting and Finance department in the School of Management. He has a PhD from the Université de Paris-Est and his research interests are the ownership structure and control of listed companies. Professor Boubaker has an extensive publication record with over 90 publications listed in Scopus along with over 900 citations. He is the co-founder and co-chair of the annual Paris Financial Management Conference and the Vietnam Symposium in Banking and Finance (VSBF) series. He is also the President of the International Society for the Advancement of Financial Economics (ISAFE) and an active member of our Hawkes Centre for Empirical Finance. Sabri leads the Hawkes seminar series, bringing in eminent speakers from across the world to speak to staff and students at the School.

Areas Of Expertise

Ownership structure
Control of listed companies

Publications

Research Highlights

Boubaker, S., Boubakri, N., Grira, J., & Guizani, A. (2018). Sovereign wealth funds and equity pricing: Evidence from implied cost of equity of publicly traded targets. Journal of Corporate Finance, 53, 202-224.
https://doi.org/10.1016/j.jcorpfin.2018.10.007, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54481
Boubaker, S., Saffar, W., & Sassi, S. (2018). Product market competition and debt choice. Journal of Corporate Finance, 49, 204-224.
https://doi.org/10.1016/j.jcorpfin.2018.01.007, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54482
https://doi.org/10.1016/j.jcorpfin.2018.01.007
Ben-Nasr, H., Boubaker, S., & Rouatbi, W. (2015). Ownership structure, control contestability, and corporate debt maturity. Journal of Corporate Finance, 35, 265-285.
https://doi.org/10.1016/j.jcorpfin.2015.10.001, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54483
http://dx.doi.org/10.1016/j.jcorpfin.2015.10.001
Boubaker, S., Rouatbi, W., & Saffar, W. (2017). The Role of Multiple Large Shareholders in the Choice of Debt Source. Financial Management, 46(1), 241-274.
https://doi.org/10.1111/fima.12148, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54484
Boubaker, S., Cellier, A., & Rouatbi, W. (2014). The sources of shareholder wealth gains from going private transactions: The role of controlling shareholders. Journal of Banking & Finance, 43, 226-246.
https://doi.org/10.1016/j.jbankfin.2014.03.025, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54485
http://dx.doi.org/10.1016/j.jbankfin.2014.03.025
Boubaker, S. & Nguyen, D. (Eds.). (n.d.) Book Series: Transformations in Banking, Finance and Regulation. World Scientific.
SU Repository: https://cronfa.swan.ac.uk/Record/cronfa60043
https://www.worldscientific.com/series/tbfr
Boubaker, S., Goodell, J., Pandey, D., & Kumari, V. (2022). Heterogeneous impacts of wars on global equity markets: Evidence from the invasion of Ukraine. Finance Research Letters, 48, 102934
https://doi.org/10.1016/j.frl.2022.102934, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa60044
Yao, S., Xie, X., Boubaker, S., Sensoy, A., & Cheng, F. (2023). Unknown Unknowns: Knightian Uncertainty and Corporate Opportunistic Earnings Management. British Journal of Management, 35(1), 137-155.
https://doi.org/10.1111/1467-8551.12705, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa64810
Mamun, M., Boubaker, S., Ghafoor, A., & Suleman, M. (2023). Is Marriage a Turning Point? Evidence from Cash Holdings Behaviour. British Journal of Management
https://doi.org/10.1111/1467-8551.12732, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa64811
http://dx.doi.org/10.1111/1467-8551.12732
Boubaker, S., Liu, P., Ren, Y., Ma, C., & Boubaker, S. (2024). Do anti-corruption campaigns affect corporate environmental responsibility? Evidence from China. International Review of Financial Analysis, 91, 102961
https://doi.org/10.1016/j.irfa.2023.102961, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa64814

All Research

Journal Articles

Alharbi, S., Mamun, M., Atawnah, N., & Boubaker, S. (2024). Gambling preference, information risk, and the pricing of bank loans. The European Journal of Finance, 0, 1-30.
https://doi.org/10.1080/1351847x.2024.2404088, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67518
Boubaker, S., Eshraghi, A., & Liu, Y. (2024). Stock Liquidity Sidedness and Share Repurchase. International Review of Financial Analysis, 95, 103468
https://doi.org/10.1016/j.irfa.2024.103468, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67516
Banerjee, A., Boubaker, S., & Al-Nassar, N. (2024). Climate policy initiatives, green finance, and carbon risk interconnectedness. Finance Research Letters, 67, 105776
https://doi.org/10.1016/j.frl.2024.105776, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67515
Alshehabi, A., Halabi, H., Adwan, S., & Boubaker, S. (2024). The impact of industry competition on the value relevance of goodwill impairments across different information environments. Journal of International Accounting, Auditing and Taxation, 56, 100639
https://doi.org/10.1016/j.intaccaudtax.2024.100639, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67517
Han, Y., Boubaker, S., Li, W., & Wang, Y. (2024). How does directors' and officers' liability insurance affect green innovation? Evidence from China. International Review of Economics & Finance, 94, 103419
https://doi.org/10.1016/j.iref.2024.103419, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67514
Ben-Nasr, H. & Boubaker, S. (2024). Government debt and stock price crash risk: International Evidence. Journal of Financial Stability, 72, 101245
https://doi.org/10.1016/j.jfs.2024.101245, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67520
Boubaker, S., Ngo, T., Samitas, A., & Tripe, D. (2024). An MCDA composite index of bank stability using CAMELS ratios and shannon entropy. Annals of Operations Research, 0
https://doi.org/10.1007/s10479-024-06023-3, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67512
Alam, N., Boubaker, S., Chen, X., & Hasan, M. (2024). Brand capital and debt choice. International Review of Financial Analysis, 93
https://doi.org/10.1016/j.irfa.2024.103160, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67320
Boubaker, S., Choudhury, T., Hasan, F., & Nguyen, D. (2024). Firm carbon risk exposure, stock returns, and dividend payment. Journal of Economic Behavior & Organization, 221, 248-276.
https://doi.org/10.1016/j.jebo.2023.12.029, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67525
Mamun, M., Boubaker, S., Hossain, M., & Manita, R. (2024). Female political empowerment and green finance. Energy Economics, 131
https://doi.org/10.1016/j.eneco.2024.107370, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67321
Liu, X., Boubaker, S., Liao, J., & Yao, S. (2024). The rise of common state ownership and corporate environmental performance. The British Accounting Review, 0, 101368
https://doi.org/10.1016/j.bar.2024.101368, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67529
Omri, A. & Boubaker, S. (2024). When do climate change legislation and clean energy policies matter for net-zero emissions?. Journal of Environmental Management, 354, 120275
https://doi.org/10.1016/j.jenvman.2024.120275, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67524
Boubaker, S., Liu, Z., Mu, Y., & Zhan, Y. (2024). Carbon dioxide emissions and environmental risks: Long term and short term. Risk Analysis, 0
https://doi.org/10.1111/risa.14281, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67317
Boubaker, S., Le, T., Manita, R., & Ngo, T. (2024). Balancing bank profits and nonperforming loans: a multiple objective programming approach. Annals of Operations Research, 0
https://doi.org/10.1007/s10479-024-05831-x, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67521
Boubaker, S., Liu, P., Ren, Y., Ma, C., & Boubaker, S. (2024). Do anti-corruption campaigns affect corporate environmental responsibility? Evidence from China. International Review of Financial Analysis, 91, 102961
https://doi.org/10.1016/j.irfa.2023.102961, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa64814
Boubaker, S., Karim, S., Naeem, M., & Rahman, M. (2024). On the prediction of systemic risk tolerance of cryptocurrencies. Technological Forecasting and Social Change, 198, 122963
https://doi.org/10.1016/j.techfore.2023.122963, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67522
O’Sullivan, C., Papavassiliou, V., Wafula, R., & Boubaker, S. (2024). New insights into liquidity resiliency. Journal of International Financial Markets, Institutions and Money, 90, 101892
https://doi.org/10.1016/j.intfin.2023.101892, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67531
Batten, J., Boubaker, S., Kinateder, H., Choudhury, T., & Wagner, N. (2023). Volatility impacts on global banks: Insights from the GFC, COVID-19, and the Russia-Ukraine war. Journal of Economic Behavior & Organization, 215, 325-350.
https://doi.org/10.1016/j.jebo.2023.09.016, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa64816
Mamun, M., Boubaker, S., Ghafoor, A., & Suleman, M. (2023). Is Marriage a Turning Point? Evidence from Cash Holdings Behaviour. British Journal of Management
https://doi.org/10.1111/1467-8551.12732, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa64811
http://dx.doi.org/10.1111/1467-8551.12732
Yao, S., Xie, X., Boubaker, S., Sensoy, A., & Cheng, F. (2023). Unknown Unknowns: Knightian Uncertainty and Corporate Opportunistic Earnings Management. British Journal of Management, 35(1), 137-155.
https://doi.org/10.1111/1467-8551.12705, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa64810
Boubaker, S., Goodell, J., Pandey, D., & Kumari, V. (2022). Heterogeneous impacts of wars on global equity markets: Evidence from the invasion of Ukraine. Finance Research Letters, 48, 102934
https://doi.org/10.1016/j.frl.2022.102934, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa60044
Boubaker, S., Boubakri, N., Grira, J., & Guizani, A. (2018). Sovereign wealth funds and equity pricing: Evidence from implied cost of equity of publicly traded targets. Journal of Corporate Finance, 53, 202-224.
https://doi.org/10.1016/j.jcorpfin.2018.10.007, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54481
Boubaker, S., Saffar, W., & Sassi, S. (2018). Product market competition and debt choice. Journal of Corporate Finance, 49, 204-224.
https://doi.org/10.1016/j.jcorpfin.2018.01.007, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54482
https://doi.org/10.1016/j.jcorpfin.2018.01.007
Boubaker, S., Rouatbi, W., & Saffar, W. (2017). The Role of Multiple Large Shareholders in the Choice of Debt Source. Financial Management, 46(1), 241-274.
https://doi.org/10.1111/fima.12148, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54484
Ben-Nasr, H., Boubaker, S., & Rouatbi, W. (2015). Ownership structure, control contestability, and corporate debt maturity. Journal of Corporate Finance, 35, 265-285.
https://doi.org/10.1016/j.jcorpfin.2015.10.001, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54483
http://dx.doi.org/10.1016/j.jcorpfin.2015.10.001
Boubaker, S., Cellier, A., & Rouatbi, W. (2014). The sources of shareholder wealth gains from going private transactions: The role of controlling shareholders. Journal of Banking & Finance, 43, 226-246.
https://doi.org/10.1016/j.jbankfin.2014.03.025, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa54485
http://dx.doi.org/10.1016/j.jbankfin.2014.03.025

Edited Books

Boubaker, S. & Nguyen, D. (Eds.). (n.d.) Book Series: Transformations in Banking, Finance and Regulation. World Scientific.
SU Repository: https://cronfa.swan.ac.uk/Record/cronfa60043
https://www.worldscientific.com/series/tbfr

Supervision

Three Essays on Islamic Banking Finance«br /»«br /»«br /»«br /»«br /» (awarded 2022)

PhD

Other supervisor: Dr Mohamed Elmagrhi

Other supervisor: Dr Jafar Ojra