University of Bath School of Management University of Bath School of Management

Dr Richard Fairchild

Dr Richard Fairchild
Contact

telephone +44 (0) 1225 383456
email Dr Richard Fairchild

Publications

Leading Refereed Journal Papers

Related links

Further list of publications

PDF
Public Engagement with Research Case Studies

BA (Hons), MSc, PhD

Job Title:

Lecturer in Corporate Finance

Division:

Accounting, Finance & Law

Key Research Interests:

Behavioural Corporate Finance; Venture Capital Contracting and Performance; Applications of Game-theoretic tools to Corporate Finance Decision-Making; the effects of agency problems and asymmetric information on corporate capital structure.

Research Interests

I have recently become associate member of the Aston Centre for Research in Experimental Finance (ACREF). I am a member of the SAFE (Seminars in Accounting and Finance) research network. I have recently been appointed as editor-in-chief for the International Journal of Behavioural Accounting and Finance, which is launching in 2008. 

My current research interests include: application of game theoretical tools to strategic corporate finance; capital structure and the effects of agency problems, signalling, and product market competition; venture capitalism, bargaining, and the incorporation of behavioural effects into the double-sided moral hazard problem affecting financial contracts and performance; behavioural corporate finance.

PhD Supervision

I am interested in supervising students in all areas of corporate finance (eg, investment appraisal, capital structure, and dividend policy decisions), with particular focus on managerial incentives, behavioural and emotional corporate finance. A further research area that I am keen to supervise is venture capital and private equity. I particularly welcomes applicants with an interest in both theoretical and empirical approaches.

Publications

Leading Refereed Journal Papers

Yalabik, B., & Fairchild, R. 2011. Customer, regulatory, and competitive pressure as drivers of environmental innovation. International Journal of Production Economics, 131(2): 519-527, DOI: 10.1016/j.ijpe.2011.01.020.

Guney, Y., Ling, L. & Fairchild, R. 2010. The relationship between product market competition and capital structure in Chinese listed firms. International Review of Financial Analysis, 20(1): 41-51, DOI: 10.1016/j.irfa.2010.10.003.

Fairchild, R. 2009. An Entrepreneur’s choice of venture capitalist or angel-financing: a behavioural game-theoretic approach. Journal of Business Venturing, 26(3): 359-374, DOI: 10.1016/j.jbusvent.2009.09.003.

► older publications

Fairchild, R. 2008. The manufacturing sectors environmental motives: a game-theoretic analysis. Journal of Business Ethics, 79(3): 333-344, DOI: 10.1007/s10551-007-9401-9.

Fairchild, R. 2004. Financial contracting between managers and venture capitalists - the role of value-added services, reputation seeking and bargaining power. Journal of Financial Research, 27(4): 481-495, DOI: 10.1111/j.1475-6803.2004.00104.x.