School of Business

Finance, Governance and Enterprise

Directors: Professor Matt Hughes and Professor Ania Zalewska

Deputy Directors: Dr Ayman Omar and Professor Tianshu Zhao

The cluster for Finance, Governance and Enterprise (CFGE) is a multidisciplinary platform combining research in finance, accounting, entrepreneurship, innovation, organisational behaviour and marketing.  It offers research expertise in the following research areas:

CFGE draws its core strength from the Economics, Finance and Accounting (EFA) and Marketing, Innovation, Strategy and Operations (MISO) departments within the School of Business, as well as collaboration with experts from the College of Science and Engineering, the College of Life Science and the College of Social Sciences, Arts and Humanities.

Its external collaborators include the Bank of England, the Institute for Chartered Accountants for England and Wales, the Institute for Chartered Accountants, the Department for Work and Pensions, Family Business UK and the Family Business Research Foundation, Entrepreneur and Innovation Exchange, and


News and Activities

To learn about our International Research Seminars (IReS) in Finance click here.

To learn about our Junior Academic Research Seminars (JARS) in Finance click here.

The Competition and Markets Authority has invited Jacob Seifert to present his work “Competition, Data Sharing and Secure Hardware Adoption” (January 2024).

The National Bank of Hungary (Magyar Nemzeti Bank) has invited Ania Zalewska to present her work on the effectiveness of banking regulation at the Financial Stability Conference (Budapest, 25-26 March 2024)

The Institute for Chartered Accountants for England and Wales (ICAEW) has invited Ania Zalewska to participate in the round table discussion on professional judgement at the launch of Professional judgement: making better choices (29 April 2024).


Our Research Visitors

Wenbo Zhang from the Xi’an Jiaotong University (China) is a visiting PhD student for the 2024-25 academic year working with Dr Yifan Zhou and Professor Ania Zalewska.

Examples of our publications

Student Research Internships

The CFGE offers research opportunities for ULSB students.  These research internships are based on voluntary work with individual members of staff.  Specific internships will be advertised in due course.

Ania Zalewska – I would like to work with students interested in empirical research on  (i) changes in ESG characteristics of companies,  (ii) venture capital investments in biodiversity and (iii) market risk characteristics of banks.


Professor Mat Hughes



Professor Ania Zalewska



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