An aerial view of Bay Campus, with the sea stretching into the horizon.

Professor Tunyi Tunyi Abongeh

Professor in Accounting and Finance

Accounting and Finance

tunyi.abongeh@swansea.ac.uk

Office 215 - 215
Second Floor
School of Management
Bay Campus

Available For Postgraduate Supervision

Research Links

https://orcid.org/0000-0002-5761-931X

ResearchGate

Google Scholar

About

Tunyi is a Professor in Accounting and Finance at the School of Management. He holds a BSc in Accounting, a Master of Finance (MFin) with distinction (University of Glasgow) and a PhD in Finance and Accounting (University of Glasgow). He is a Senior Fellow of the Higher Education Academy (SFHEA). Before joining Swansea University, Tunyi held various research, teaching and leadership roles at the University of Glasgow, Liverpool Hope University and the University of Sheffield.

Tunyi’s research explores contemporary issues at the intersection of accounting, finance and management. His work is published in world-leading and internationally-excellent academic journal outlets including: the Journal of Corporate Finance; European Accounting Review; Accounting, Auditing and Accountability Journal; Journal of Business Finance and Accounting; International Business Review and Journal of Business Research, amongst several others. He is an adhoc reviewer and editorial board member for different leading journals, as well as an external examiner at different institutions.

Tunyi has supervised several PhDs to completion and has externally examined PhDs at different UK institutions. He welcomes proposals from potential PhD students with innovative and ambitious projects.

Areas Of Expertise

Mergers and acquisitions
Market-based accounting
Corporate finance
Earnings management
Corporate governance and boards
Financial reporting
Sustainability, ESG, Climate change
Finance and accounting in emerging economies

Publications

Research Highlights

Tunyi Abongeh, T. (2021). Revisiting acquirer returns: Evidence from unanticipated deals. Journal of Corporate Finance, 66(3), 101789-261.
https://doi.org/10.1016/j.jcorpfin.2020.101789, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65020
http://dx.doi.org/10.1016/j.jcorpfin.2020.101789
Tunyi Abongeh, T., Yang, J., Agyei-Boapeah, H., & Machokoto, M. (2024). Takeover Vulnerability and Pre-Emptive Earnings Management. European Accounting Review, 33(2), 677-711.
https://doi.org/10.1080/09638180.2022.2116064, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65018
Tunyi Abongeh, T., Hussain, T., Areneke, G., & Agyemang, J. (n.d.) Co-opted boards and the obfuscation of financial reports. Abacus
SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67607
Tunyi Abongeh, T., Ehalaiye, D., Gyapong, E., & Ntim, C. (2020). The Value of Discretion in Africa: Evidence from Acquired Intangible Assets Under IFRS 3. The International Journal of Accounting, 55(02), 2050008
https://doi.org/10.1142/s1094406020500080, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65111
http://dx.doi.org/10.1142/s1094406020500080
Danbolt, J., Siganos, A., & Tunyi Abongeh, T. (2016). Abnormal Returns from Takeover Prediction Modelling: Challenges and Suggested Investment Strategies. Journal of Business Finance & Accounting, 43(1-2), 66-97.
https://doi.org/10.1111/jbfa.12179, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65107
http://dx.doi.org/10.1111/jbfa.12179

All Research

Journal Articles

Hussain, T. & Tunyi Abongeh, T. (2025). Do environmental, social, and governance standards improve the bargaining power of bidders? An empirical investigation. Journal of Environmental Management, 373, 123468
https://doi.org/10.1016/j.jenvman.2024.123468, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa68325
https://doi.org/10.1016/j.jenvman.2024.123468
Hussain, T., Tunyi Abongeh, T., & Agyemang, J. (2024). Corporate governance transfers: the case of mergers and acquisitions. International Journal of Disclosure and Governance, 21, 543-567.
https://doi.org/10.1057/s41310-023-00217-0, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65367
Hussain, T., Tunyi Abongeh, T., & Areneke, G. (2024). Environmental innovation and takeover performance. Business Strategy and the Environment, 33(7), 6586-6615.
https://doi.org/10.1002/bse.3822, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa66468
Areneke, G., Tunyi Abongeh, T., & Nakpodia, F. (2024). Investigating the mediating role of national governance bundles and institutional ownership on the relationship between risk governance disclosure and market valuation: evidence from Sub-Saharan Africa. Corporate Governance: The International Journal of Business in Society
https://doi.org/10.1108/cg-07-2023-0321, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa68166
https://doi.org/10.1108/cg-07-2023-0321
Simsek, R., Mollah, S., & Tunyi Abongeh, T. (2024). Corporate governance structure and climate‐related financial disclosure: Conventional banks versus Islamic banks. Business Strategy and the Environment, 33(6), 5503-5528.
https://doi.org/10.1002/bse.3753, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa66231
Tunyi Abongeh, T., Areneke, G., Hussain, T., & Agyemang, J. (2024). From performance to horizon: managements’ horizon and firms’ investment efficiency. Review of Accounting and Finance, 23(3), 419-446.
https://doi.org/10.1108/raf-11-2022-0319, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65725
Tunyi Abongeh, T., Yang, J., Agyei-Boapeah, H., & Machokoto, M. (2024). Takeover Vulnerability and Pre-Emptive Earnings Management. European Accounting Review, 33(2), 677-711.
https://doi.org/10.1080/09638180.2022.2116064, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65018
Tunyi Abongeh, T., Hussain, T., & Areneke, G. (2024). Deglobalization and the value of geographic diversification: evidence from Brexit. International Journal of Managerial Finance
https://doi.org/10.1108/ijmf-12-2022-0564, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65112
http://dx.doi.org/10.1108/ijmf-12-2022-0564
Areneke, G., Adegbite, E., Tunyi Abongeh, T., & Hussain, T. (2023). Female directorship and ethical corporate governance disclosure practices in highly patriarchal contexts. Journal of Business Research, 164, 114028
https://doi.org/10.1016/j.jbusres.2023.114028, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65106
http://dx.doi.org/10.1016/j.jbusres.2023.114028
Tunyi Abongeh, T., Areneke, G., Tob-Ogu, A., & Khalid, S. (2023). Doing more with more: Women on the board and firm employment. Journal of Business Research, 154, 113385
https://doi.org/10.1016/j.jbusres.2022.113385, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65101
http://dx.doi.org/10.1016/j.jbusres.2022.113385
Areneke, G., Adegbite, E., & Tunyi Abongeh, T. (2022). Transfer of corporate governance practices into weak emerging market environments by foreign institutional investors. International Business Review, 31(5), 101978
https://doi.org/10.1016/j.ibusrev.2022.101978, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65102
http://dx.doi.org/10.1016/j.ibusrev.2022.101978
Areneke, G. & Tunyi Abongeh, T. (2022). Chairperson and CEO foreignness and CG quality of emerging markets MNCs: Moderating role of international board interlocks. International Journal of Finance and Economics, 27(3), 3071-3092.
https://doi.org/10.1002/ijfe.2313, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65110
http://dx.doi.org/10.1002/ijfe.2313
Hussain, T., Tunyi Abongeh, T., Sufyan, M., & Shahab, Y. (2022). Powerful bidders and value creation in M&As. International Review of Financial Analysis, 81, 102076
https://doi.org/10.1016/j.irfa.2022.102076, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65103
http://dx.doi.org/10.1016/j.irfa.2022.102076
Tunyi Abongeh, T. (2022). What determines takeover likelihood? A review and propositions for future research. Corporate Board: role, duties and composition, 18(1), 36-46.
https://doi.org/10.22495/cbv18i1art3, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65113
http://dx.doi.org/10.22495/cbv18i1art3
Tunyi Abongeh, T. & Machokoto, M. (2021). The impact of weather-induced moods on M&A performance. Economics Letters, 207, 110011
SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65104
http://dx.doi.org/10.1016/j.econlet.2021.110011
Tunyi Abongeh, T. (2021). Fifty years of research on takeover target prediction: a historical perspective. Qualitative Research in Financial Markets, 13(4), 482-502.
https://doi.org/10.1108/qrfm-08-2020-0169, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65114
http://dx.doi.org/10.1108/qrfm-08-2020-0169
Agyemang, J., Jayasinghe, K., Adhikari, P., Tunyi Abongeh, T., & Carmel, S. (2021). Calculative measures of organising and decision-making in developing countries: the case of a quasi-formal organisation in Ghana. Accounting, Auditing and Accountability Journal, 34(2), 421-450.
https://doi.org/10.1108/aaaj-03-2019-3911, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65105
http://dx.doi.org/10.1108/aaaj-03-2019-3911
Tunyi Abongeh, T. (2021). Revisiting acquirer returns: Evidence from unanticipated deals. Journal of Corporate Finance, 66(3), 101789-261.
https://doi.org/10.1016/j.jcorpfin.2020.101789, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65020
http://dx.doi.org/10.1016/j.jcorpfin.2020.101789
Agyei-Boapeah, H., Machokoto, M., Amankwah-Amoah, J., Tunyi Abongeh, T., & Fosu, S. (2020). IFRS adoption and firm value: African evidence. Accounting Forum, 44(3), 238-261.
https://doi.org/10.1080/01559982.2020.1766755, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65109
http://dx.doi.org/10.1080/01559982.2020.1766755
Tunyi Abongeh, T., Ehalaiye, D., Gyapong, E., & Ntim, C. (2020). The Value of Discretion in Africa: Evidence from Acquired Intangible Assets Under IFRS 3. The International Journal of Accounting, 55(02), 2050008
https://doi.org/10.1142/s1094406020500080, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65111
http://dx.doi.org/10.1142/s1094406020500080
Tunyi Abongeh, T., Agyei-Boapeah, H., Areneke, G., & Agyemang, J. (2019). Internal capabilities, national governance and performance in African firms. Research in International Business and Finance, 50, 18-37.
https://doi.org/10.1016/j.ribaf.2019.04.009, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65115
http://dx.doi.org/10.1016/j.ribaf.2019.04.009
Tunyi Abongeh, T. (2019). Firm size, market conditions and takeover likelihood. Review of Accounting and Finance, 18(3), 483-507.
https://doi.org/10.1108/raf-07-2018-0145, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65116
http://dx.doi.org/10.1108/raf-07-2018-0145
Agyei-Boapeah, H., Wang, Y., Tunyi Abongeh, T., Machokoto, M., & Zhang, F. (2019). Intangible investments and voluntary delisting: Mass exodus of Chinese firms from US stock exchanges. International Journal of Accounting & Information Management, 27(2), 224-243.
https://doi.org/10.1108/ijaim-12-2017-0146, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65117
http://dx.doi.org/10.1108/ijaim-12-2017-0146
Tunyi Abongeh, T., Ntim, C., & Danbolt, J. (2019). Decoupling management inefficiency: Myopia, hyperopia and takeover likelihood. International Review of Financial Analysis, 62, 1-20.
https://doi.org/10.1016/j.irfa.2019.01.004, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65108
http://dx.doi.org/10.1016/j.irfa.2019.01.004
Tunyi Abongeh, T. & Ntim, C. (2016). Location Advantages, Governance Quality, Stock Market Development and Firm Characteristics as Antecedents of African M&As. Journal of International Management, 22(2), 147-167.
https://doi.org/10.1016/j.intman.2016.01.005, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65019
http://dx.doi.org/10.1016/j.intman.2016.01.005
Danbolt, J., Siganos, A., & Tunyi Abongeh, T. (2016). Abnormal Returns from Takeover Prediction Modelling: Challenges and Suggested Investment Strategies. Journal of Business Finance & Accounting, 43(1-2), 66-97.
https://doi.org/10.1111/jbfa.12179, SU Repository: https://cronfa.swan.ac.uk/Record/cronfa65107
http://dx.doi.org/10.1111/jbfa.12179
Tunyi Abongeh, T., Hussain, T., Areneke, G., & Agyemang, J. (n.d.) Co-opted boards and the obfuscation of financial reports. Abacus
SU Repository: https://cronfa.swan.ac.uk/Record/cronfa67607

Supervision

Untitled (current)

PhD

Other supervisor: Dr Mohammad Abedin
Untitled (current)

PhD

Other supervisor: Dr Mohamed Elmagrhi
Corporate Governance, Green Finance/Investment, Corporate Performance (current)

PhD

Other supervisor: Dr Mohamed Elmagrhi

Taught Modules

MN-3008 Corporate Finance 2

This is a final year module addressing the main aspects of corporate finance and the financial markets. It requires a good understanding of mathematics and whilst it is a self-contained module, it may also serve as a basis for further financial modules.