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Responsible Business

The challenge of sustainability and a slew of corporate scandals provide almost daily illustration of the need for responsibility in business.

As a signatory of the United Nations’ sponsored Principles of Responsible Management Education (PRiME)  the Faculty of Business and  Law  is committed to promoting responsibility in our  teaching, consulting and research. 

As the seventh most productive business school in the UK for publications in business ethics we have a long-standing commitment to such research and the Risk, Responsibility, Ethics and Governance research cluster brings together over seventy scholars and research students  who aim to develop insightful, novel, and useful research. Colleagues working in this cluster undertake work in a wide variety of contexts and use a wide variety of methodologies.   Responsible Business is built on nine areas of research but additional work is undertaken beyond these:


Recent Publications

Abdou, H., Agbeyo, O., Jones, K. & Sorour, K. (2016). The Impact of M&A on the Nigerian Financial Market: A Pre-Post Analysis, Investment Management and Financial Innovation, 13 (1), pp. 138-150.

Abraham, S. and Shrives, P. (2014). “Improving the relevance of risk factor disclosure in   corporate annual reports , The British Accounting Review, 46: 1, 91-107

Abugre, J. B. & Nyuur, R. B. (2015). Organizations’ commitment to and communication of CSR activities: insights from Ghana. Social      Responsibility Journal, Vol. 11(1), 161 - 178.

Aloui, Chaker, Hkiri, Besma, Lau, Chi Keung and Yarovaya, Larisa (2016). Investors’ sentiment and US Islamic and conventional indexes nexus: A time–frequency analysis. Finance Research Letters, 19, 54-59.

Apergis, N., & Lau, M. C. K. (2015). Structural breaks and electricity prices: Further evidence on the role of climate policy uncertainties in the Australian electricity market. Energy Economics, 52, 176-182.

Apergis, N., Lau, M. C. K., & Yarovaya, L. (2016). Media sentiment and CDS spread spillovers: Evidence from the GIIPS countries. International Review of Financial Analysis, 47, 50-59.

Apostolidis, C., & McLeay, F. (2016). Should we stop meating like this? Reducing meat consumption through substitution. Food Policy, 65, 74-89.

Apostolidis, C., & McLeay, F. (2016). It's not vegetarian, it's meat-free! Meat eaters, meat reducers and vegetarians and the case of Quorn in the UK. Social Business, 6(3), 267-290.

Beadle, R & Könyöt, D. (2016) “The Man in the Red Coat – Management in the Circus”. In Tait, P & Lavers, K. The Routledge Circus Studies Reader. London: Routledge. pp 65-78

Beadle, R. (2016) “Individual Virtues and Organisational Virtues” In Sison, A & Akrivou, K (Eds.) The Challenges of Capitalism for Virtue Ethics and the Common Good. Cheltenham: Edward Elgar. pp166-184

Beadle, R. (2016) “MacIntyre’s Influence in Business Ethics” In Sison, A and Fontrondona, J. Handbook of Virtue Ethics in Business, New York: Springer. 

Beadle, R. (2016) “Virtue and the Case for Meaningful Work” In Sison, A and Fontrondona, J. Handbook of Virtue Ethics in Business, New York: Springer.

Beadle, R; Sison, A and J. Fontrodona, (2015). “Introduction: Virtue and Virtuousness: When will the twain ever meet?” Business Ethics: A European Review, 24: S2, S67-77

Brewer, M.K.(2014).  “Beyond International Law: The role of multinational corporations in reducing the number of stateless children”. Tilburg Law Review, 19 (1-2): 64-73

Brzeszczynski, J., and McIntosh G. (2014). “Performance of SRI Portfolios in the UK Stock Market”, Journal of Business Ethics, 120:335 – 362

Duyne, P.C. van, Harvey J., & Gelemerova, L. (2016) “The Monty Python Flying Circus of Money Laundering and the Question of Proportionality”. In ‘Illegal Entrepreneurship, Organized Crime and Social Control: Essays in Honour of Professor Dick Hobbs’ (ed) G. Antonopolous, Springer, Studies in Organized Crime 14.

Elshandidy, T and Shrives, P. (2016). ‘Environmental Incentives for and Usefulness of Textual Risk Reporting: Evidence from Germany’, The International Journal of Accounting,

Farran, S. (2014). “That plant is my ancestor' Dilemmas for intellectual property in developing countries, food security and Pacific island countries”. Queen Mary Journal of Intellectual Property, 4 (4): 277-296

Fitzgerald, I. and Smoczynski, R. (2015) ‘Anti-Polish migrant moral panic in the UK: A Response’, Czech Sociological Review, (3) 380-386.

Fitzgerald, I. and Smoczynski, R. (2015) ‘Anti-Polish migrant moral panic in the UK: Rethinking employment insecurities and moral regulation’, Czech Sociological Review, 51 (3) 339-361.[IF1] 

Fung, Ka Wai Terence, Lau, C. K. M and Chan, Kwok Ho (2014). The conditional equity premium, cross-sectional returns and stochastic volatility. Economic Modelling, 38, 316-327.

Fung, Ka Wai, Demir, Ender, Lau, Marco and Chan, Kwok (2015) Reexamining sports-sentiment hypothesis: Microeconomic evidences from Borsa Istanbul. Journal of International Financial Markets Institutions & Money, 34, 337-355.

Gozgor, G., Lau, C. K. M., and Bilgin M. H. (2016). Commodity Markets Volatility Transmission: Roles of Risk Perceptions and Uncertainty in Financial Markets. Journal of International Financial Markets Institutions & Money, 44, 35-45.

Hart, D.(2016). ‘Charity Begins at home? Setting a future research agenda for national identity and charitable ethnocentrism’,   Social Business-an interdisciplinary journal,  6:2, 125-151.

Harvey J (2014) “Asset Recovery Substantive or Symbolic” Chapter 9, pp. 183-202 in King C and Walker C (eds)  Dirty Assets: Emerging Issues in the Regulation of Criminal and Terrorist Assets, Law, Justice and Power . Ashgate, Farnham.

Harvey J and Ashton S (2015)  ‘ Anti-money laundering policy: A response to the activity of criminals or of agencies?’ chapter 12, pp 283-307 in van Duyne, P.,  Maljević, A., Antonopoulos, G., Harvey, J., von Lampe, K (eds) “The relativity of wrongdoing: Corruption, organised crime, fraud and money laundering in perspective” Wolf Legal Publishers, Nijmegen

Harvey J, Hutchinson M and Peacock A (2014) “AML and the political power weight” pp. 211-234 in van Duyne P, Harvey J, Antonopoulos G, von Lampe K Maljevic A, and Markovska A, (eds) “Corruption, Greed and Crime Money: Sleaze and Shady Economy in Europe and Beyond” Wolf Legal Publishers, Nijmegen

Harvey, J. (2015) “Engendering confidence in the financial system – challenges and observations”. Chapter 18 pp 219-228 in the Research Handbook on InternationalFinancial Crimes, Professor Barry Rider Edward Elgar Publishing Ltd

Harvey, J., Hornsby, R and Sattar, Z.(2015). “Disjointed Service: An English Case Study of Multi-Agency Provision in Tackling Child Trafficking”. The British Journal of Criminology, 55 (3):  494-513

Hope, A and Booth, A. (2014). “Attitudes and behaviours of private sector landlords towards the energy efficiency of tenanted homes”. Energy Policy, 75: 369-378

Howell, K. & Sorour, M.K. (2016) Corporate Governance in Africa: Assessing Implementation and Ethical Perspectives. Basingstoke. Palgrave MacMillan.

Lau, C. K. M., Demir, E., & Bilgin, M. H. (2016). A nonlinear model of military expenditure convergence: Evidence from Estar nonlinear unit root test. Defence and Peace Economics, 27(3), 392-403.

Moore, G; R. Beadle and Rowlands,A. (2014). “Catholic Social Teaching and the Firm. Crowding in Virtue: a MacIntyrean Approach to Business Ethics”. American Catholic Philosophical Quarterly 88 (4): 779-805

Myers, J. & Maddocks, J. (2016) Mutual Solutions to shaping public service, Public Money & Management, 36(1), pp 57-60

Nyuur, R. B., Amankwah-Amoah, J., & Osabutey, E. (2016). An integrated perspective on foreign ethical divestment. Thunderbird                        International Business Review. DOI: 10.1002/tie.21837 (ePub ahead of print).

Nyuur, R. B., Ofori, D. F. & Debrah, Y. A. (2016). The Impact of FDI Inflow on Domestic Firms’ Uptake of CSR Activities: The             Moderating Effects of Host Institutions. Thunderbird International Business Review, Vol. 58(2), 147–159.

Nyuur, R. B.; Ofori, D. F. & Debrah, Y. A. (2014). Corporate social responsibility in Sub-Saharan Africa: Hindering and Supporting factors. African Journal of Economic and Management Studies, Vol. 5(1), 93 - 113.

 Ofori, D. F.; Nyuur, R. B. & Darko, M. D. S. (2014). Corporate social responsibility and financial performance, Fact or Fiction: A closer look at Ghanaian banks. Acta Commercii, Vol. 14(1), Art. #180, 11 pages.

Robson, A. (2015). "Constancy and integrity: (Un)measurable virtues?" Business Ethics: A European Review, 24:S2, S115–S129

Shrives, P and Linsley, P. (2014). “Douglasian cultural dialogues and the Financial Reporting Council”, Critical Perspectives on Accounting, 25(8): 757-770

Shrives, P and Brennan, N. (2015) “A typology for exploring the quality of explanations for non-compliance with UK corporate governance regulations.” The British Accounting Review, 47 (1): 85-99

Slack, R; Corlett, S. and Morris, R. (2015) “Exploring employee engagement with (corporate) social responsibility: A Social Exchange perspective on organisational participation”. Journal of Business Ethics, 127 (3): 537-548

Sorour, K. M., Dey, B.(2014). “Energizing The Political Movements In Developing Countries: On The Role of Social Media”. Capital and Class 38 (3):  508-515

Sorour, M.K. (2014). “Corporate Governance Reform in Egypt: Achievements and Challenges Ahead’. In K. Çalıyurt & Idowu (Eds.), Corporate Governance: An International Perspective. New York: Springer

Sorour,M,K. Sakhaway,A., (2016). On The Evolution of Corporate Governance Culture in Africa: The Case of the Egyptian Banking Sector. In Howell &Sorour (Eds.), Corporate Governance In Africa: Assessing implementation and Ethical Perspectives. Basingstoke  Palgrave Macmillan

Sorour,M.K., Abdul Mageed,L. (2015). “Enabling Better Port Governance in Developing Countries: The Role of Information Technology”. In Dey,B., Sorour, M.K ., Filieri, R. (Eds.), ICT in Developing Nations. New York:  Palgrave McMillan 

Walker, S.L; Hope, A and Bentley, E. (2014.) “Modelling steady state performance of a local electricity distribution system under UK 2050 carbon pathway scenarios” Energy, 78: 604-621

Yarovaya, L., & Lau, M. C. K. (2016). Stock market comovements around the Global Financial Crisis: Evidence from the UK, BRICS and MIST markets. Research in International Business and Finance, 37, 605-619.

Yarovaya, L., Brzeszczyński, J., & Lau, C. K. M. (2016). Intra-and inter-regional return and volatility spillovers across emerging and developed markets: Evidence from stock indices and stock index futures. International Review of Financial Analysis, 43, 96-114.

Yarovaya, L., Brzeszczyński, J., & Lau, C. K. M. (2016). Volatility spillovers across stock index futures in Asian markets: Evidence from range volatility estimators. Finance Research Letters, 17, 158-166.

Current Projects

Title: Embedding Sustainability in Organizations

Details here: This Collaborative PhD Studentship investigates how partnerships between private sector organizations in the water industry and NGO stakeholders can contribute to addressing material sustainability issues and explores how Northumbria Water Group can identify potential NGO partners

Funding: Northumbrian Water Group  

Collaborators: Lara el Mouallem (PhD Student); Sarah Pinkerton (Northumbrian Water Group); Dr Jenny Davidson and Professor Ron Beadle (PhD Supervisory Team)


Title: Responsible Business North East

Details here: Mapping and development of responsible business agenda. The project has developed out of the worked co-ordinated by Dr Jenny Davidson and consists of two key strands. The first is a mapping of responsible business practices in the North East based around literature scan and survey of regional businesses. This will provide a platform and support strategy development for future research and partnership activities, and will contribute to the focus and further development of the partner network. The second is a series of semi-structured interviews with key figures from private, public and third sectors/speakers from NE Responsible Business events 2014-2016. These interviews will contribute to a book on Responsible Leadership in the NE, the proceeds of which will be donated to St Oswald’s Hospice.

Collaborators: Peter Walls, HRH The Prince of Wales Ambassador for Responsible Business in the North East; The Cranfield Trust, Gentoo, North East LEP, Skillsbridge, St Oswald's Hospice, Business in the Community, and Newcastle University Business School together with a growing network of public, private and third sector organisations.


Title: Blacklisting Claims: Loss of Earnings

Details here: This is an ongoing piece of Expert research which is for the Construction Industry Vetting Information Group Litigation. The objective of the work is to calculation the loss earnings of blacklisted construction workers from the 1960s to date.

Funding: Claimant Solicitors Steering Group

Collaborators: Dr Ian Fitzgerald; Thompsons Solicitors; Cardiff University; University of Westminster.

Past Projects

Title: SME Access to Finance

Details here: This project, funded by North East Access to Finance  in 2011 looked into credit access issues faced by SMEs in the North East Region

Funded by: North East Access to Finance

Collaborators: Dr Jackie Harvey, Dr Satish Sharma and Dr Steffi Macht

Title: Study on the protection of workers’ rights in subcontracting processes in the European Union

Details here: This was an Expert piece of research which was co-ordinated by Ghent University for the European Commission (EC) with regard to the Posting of Workers Directive (PWD). It involved all EU member states and was one of four projects actioned by the EC to support policy changes to the PWD. The three member UK research team was led by Dr Ian Fitzgerald.

Funding: European Commission Project No. VC/2011/0015

Collaborators: Dr Ian Fitzgerald; Lucinda Hudson; University of Westminster; Ghent University.


Title: The impact of migrant workers on the functioning of labour markets and industrial relations

Details here: This was an ESRC funded seminar series in which Dr Ian Fitzgerald was a co-applicant. It was multi-disciplinary in approach and involved a number of external collaborators.

Funding: ESRC Award number RES-451-26-0779

Collaborators: Dr Ian Fitzgerald; Professor Sonia McKay; Dr Steve French; TUC; Irwin Mitchell Solicitors; Jan Cremers MEP.


Title: Improving best practices on the working and living conditions of posted workers

Details here: This was an Expert piece of research for the European Federation of Building and Woodworkers (EFBWW). Eleven EU countries were involved and they provided evidence to the EFBWW for their submission to the European Commission on proposed policy changes to the PWD.

Funding: European Commission Project No. VS/2009/0475

Collaborators: Dr Ian Fitzgerald; EFBWW; Jan Cremers.


Title: Dispute Resolution: Alternative Methods to Improve Industrial Relations

Details here: This was a European project that involved employers and trade unions in alternative dispute resolution.

Funding: European Commission, DG Employment, Social Affairs and Equal Opportunities, Project No. VS/2010/001

Collaborators: Dr Ian Fitzgerald; Ruskin (Oxford); General Federation of Trade Unions; Joint Industry Board Electrical Contracting industry.


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