Article

Hearn, Bruce, Randøy, Trond and Oxelheim, Lars (2018) The institutional determinants of private equity involvement in business groups – the case of Africa. Journal of World Business, 53 (2). pp. 118-133. ISSN 1090-9516

Hearn, Bruce, Phylaktis, Kate and Piesse, Jenifer (2017) Expropriation risk by block holders, institutional quality and expected stock returns. Journal of Corporate Finance, 45. pp. 122-149. ISSN 0929-1199

Hearn, Bruce, Strange, Roger and Piesse, Jenifer (2017) Social elites on the board and executive pay in developing countries: evidence from Africa. Journal of World Business, 52 (2). pp. 230-243. ISSN 1090-9516

Hearn, Bruce (2016) A comparison of the efficacy of liquidity, momentum, size and book-to-market value factors in equity pricing on a heterogeneous sample: evidence from Asia. Financial Markets, Institutions And Instruments, 25 (4). pp. 253-330. ISSN 0963-8008

Hearn, Bruce and Piesse, Jenifer (2015) The impact of firm size and liquidity on the cost of external finance in Africa. South African Journal of Economics, 83 (1). pp. 1-22. ISSN 0038-2280

Hearn, Bruce (2015) Institutional influences on board composition of international joint venture firms listing on emerging stock exchanges: evidence from Africa. Journal of World Business, 50 (1). pp. 205-219. ISSN 1090-9516

Hearn, Bruce (2014) The political institutional and firm governance determinants of liquidity: evidence from North Africa and the Arab Spring. Journal of International Financial Markets, Institutions and Money, 31. pp. 127-158. ISSN 1042-4431

Hearn, Bruce (2014) Size and liquidity effects in Nigeria: an industrial sector study. Journal of Developing Areas, 48 (3). pp. 1-30. ISSN 0022-037X

Hearn, Bruce (2014) The impact of institutions, ownership structure, business angels, venture capital and lead managers on IPO firm underpricing across North Africa. Journal of Multinational Financial Management, 24. pp. 19-42. ISSN 1042-444X

Hearn, Bruce (2014) Institutional impact on the expropriation of private benefits of control in North Africa. Research in International Business and Finance, 30 (1). pp. 1-23. ISSN 0275-5319

Hearn, Bruce (2014) The liquidity-cost implications from the attraction of regional primary listings: evidence from West Africa. Research in International Business and Finance, 30 (1). pp. 91-110. ISSN 0275-5319

Hearn, Bruce (2014) The liquidity cost implications arising from the attraction of regional primary listings: evidence from West Africa. Research in International Business and Finance, 30. pp. 91-110. ISSN 0275-5319

Hearn, Bruce and Piesse, Jenifer (2013) A reassessment of stock market integration in SADC: the determinants of liquidity and price discovery in Namibia. Applied Financial Economics, 23 (2). pp. 123-138. ISSN 0960-3107

Hearn, Bruce (2013) The determinants of IPO firm prospectus length in Africa. Review of Development Finance, 3 (2). pp. 84-98. ISSN 1879-9337

Hearn, Bruce (2013) The impact of board governance on director compensation in West African IPO firms. Research in International Business and Finance, 28. pp. 82-104. ISSN 0275-5319

Hearn, Bruce (2013) The determinants of director remuneration in West Africa: the impact of state versus firm-level governance measures. Emerging Markets Review, 14. pp. 11-34. ISSN 1566-0141

Hearn, Bruce and Piesse, Jenifer (2013) Firm level governance and institutional determinants of liquidity: evidence from Sub Saharan Africa. International Review of Financial Analysis, 28. pp. 93-111. ISSN 1057-5219

Hearn, Bruce (2013) The institutional determinants of IPO firm prospectus length in a developing context: A research note. Research in International Business and Finance, 27 (1). pp. 52-65. ISSN 0275-5319

Hearn, Bruce (2013) The determinants of director remuneration, executive tenure and individual executive disclosure in North African IPO firms. Research in International Business and Finance, 27 (1). pp. 162-182. ISSN 0275-5319

Hearn, Bruce and Piesse, Jenifer (2013) A reassessment of stock market integration in SADC: the determinants of liquidity and price discovery in Namibia. Applied Financial Economics, 23 (2). pp. 123-138. ISSN 0960-3107

Hearn, Bruce (2012) The governance implications from presence of long-term foreign investment partner in West African IPO firms. Journal of Transnational Management, 17 (3). pp. 169-188. ISSN 1547-5778

Hearn, Bruce (2012) Size and Liquidity Effects in African Frontier Equity Markets. Applied Financial Economics, 22 (9). pp. 681-707. ISSN 0960-3107

Hearn, Bruce, Piesse, Jenifer and Strange, Roger (2012) Islamic finance and market segmentation: implications for the cost of capital. International Business Review, 12 (1). pp. 102-113. ISSN 0969-5931

Hearn, Bruce (2012) The Contrasting Effects of Board Composition and Structure on IPO Firm Underpricing in a Developing Context. International Review of Financial Analysis, 21 (1). pp. 33-44. ISSN 1057-5219

Piesse, Jenifer and Hearn, Bruce (2012) A Test of the Law of One Price: An Examination of Price Integration between Europe and Regional Markets in Africa. Applied Economics, 44 (24). pp. 3169-3193. ISSN 0003-6846

Hearn, Bruce (2011) The Effects of Banking Relationship, Legal Origin, Private Equity and Lead Managers on the performance of West African IPO Firms. South African Journal of Economics, 79 (4). pp. 430-451. ISSN 0038-2280

Hearn, Bruce and Man, Shuk-Yin (2011) An examination of price integration between stock market and international crude oil indices: evidence from China. Applied Economics Letters, 18 (16). pp. 1595-1602. ISSN 1350-4851

Hearn, Bruce, Piesse, Jenifer and Strange, Roger (2011) The role of the stock market in the provision of Islamic development finance: Evidence from Sudan. Emerging Markets Review, 12 (4). pp. 338-353. ISSN 1566-0141

Hearn, Bruce (2011) The impact of corporate governance measures on the performance of West African IPO firms. Emerging Markets Review, 12 (2). pp. 130-151. ISSN 1566-0141

Hearn, Bruce (2011) The performance and the effects of family control in North African IPOs. International Review of Financial Analysis, 20 (3). pp. 140-151. ISSN 1057-5219

Hearn, Bruce (2011) Modelling size and liquidity in North African industrial sectors. Emerging Markets Review, 12 (1). pp. 21-46. ISSN 1566-0141

Hearn, Bruce (2011) Development strategy in offshore markets: evidence from the Channel Islands. Journal of Economic Studies, 38 (1). pp. 30-51. ISSN 0144-3585

Hearn, Bruce and Piesse, Jenifer (2010) Barriers to the development of small stock markets: A case study of Swaziland and Mozambique. Journal of International Development, 22 (7). pp. 1018-1037. ISSN 0954-1748

Hearn, Bruce, Piesse, Jenifer and Strange, Roger (2010) Market Liquidity and Stock Size Premia in Emerging Financial Markets: The Implications for Foreign Investment. International Business Review, 19 (5). pp. 489-501. ISSN 0969-5931

Hearn, Bruce (2010) Time varying size and liquidity effects in South Asian equity markets: A study of blue-chip industry stocks. International Review of Financial Analysis, 19 (4). pp. 242-257. ISSN 1057-5219

Hearn, Bruce and Givel, Michael (2010) Stock market finance and gross national happiness: an institutional fit? Evidence from Bhutan. Journal of Bhutan Studies, 22. pp. 1-36. ISSN 1608-411X

Hearn, Bruce and Piesse, Jenifer (2010) The limited role of small stock exchanges in economic development: A case study of Mozambique and Swaziland. Development Southern Africa, 27 (2). pp. 205-224. ISSN 0376-835x

Hearn, Bruce, Piesse, Jenifer and Strange, Roger (2010) Market Liquidity and Stock Size Premia in Emerging Financial Markets. Macroeconomics and Finance in Emerging Market Economies, 3 (1). pp. 75-101. ISSN 1752-0843

Hearn, Bruce and Piesse, Jenifer (2010) Modelling size and illiquidity in West African equity markets. Applied Financial Economics, 20 (13). pp. 1011-1030. ISSN 0960-3107

Hearn, Bruce (2010) Size and liquidity effects in Japanese regional stock markets. Journal of Japanese and International Economies, 25 (2). pp. 157-181. ISSN 0889-1583

Hearn, Bruce (2009) Liquidity and Valuation in East African Securities Markets. South African Journal of Economics, 77 (4). pp. 553-576. ISSN 0038-2280

Hearn, Bruce, Piesse, Jenifer and Strange, Roger (2009) Overcoming financing constraints to corporate expansion: evidence from a company in an emerging Islamic market. Transnational Corporations, 18 (3). pp. 1-26. ISSN 1014-9562

Hearn, Bruce and Piesse, Jenifer (2009) Sector level cost of equity in African financial markets. Emerging Markets Review, 10 (4). pp. 257-278. ISSN 1566-0141

Hearn, Bruce and Piesse, Jenifer (2009) Modelling Stock Returns in Southern Africa's Equity Markets. Studies in Economics and Econometrics, 33 (1). pp. 41-58. ISSN 0379-6205

Hearn, Bruce and Piesse, Jenifer (2009) An Augmented Capital Asset Pricing Model: Liquidity and Stock Size in African Emerging Financial Markets. African Finance Journal, SP.

Hearn, Bruce and Piesse, Jenifer (2008) Opportunities and Costs of Portfolio Diversification in SADC's Smallest Equity Markets. South African Journal of Economics, 76 (3). pp. 399-426. ISSN 0038-2280

Piesse, Jenifer and Hearn, Bruce (2005) Regional Integration of Equity Markets in Sub-Saharan Africa. South African Journal of Economics, 73 (1). pp. 36-52. ISSN 0038-2280

Piesse, Jenifer and Hearn, Bruce (2002) Equity Market Integration versus Segmentation in Three Dominant Markets of the Southern African Customs Union: Cointegration and Causality Tests. Applied Economics, 34 (14). pp. 1711-1722. ISSN 0003-6846

Reports and working papers

Hearn, Bruce, Piesse, Jenifer and Strange, Roger (2009) Market Liquidity and Stock Size Premia in Emerging Financial Markets: The Implications for Foreign Investment. Working Paper. The Egyptian Exchange (EGX), Cairo.

Hearn, Bruce (2009) Liquidity Estimation in African Emerging Markets. Working Paper. The Egyptian Exchange (EGX), Cairo.

Conference or Workshop Item

Hearn, Bruce Allen, Strange, Roger and Piesse, Jenifer (2015) National governance, social elites on company boards, and board compensation: a cross-national study of emerging economy IPO firms. In: 41st European International Business Academy (EIBA) Annual Conference, 1-3 Dec 2015, Rio de Janeiro, Brazil.