Dr Eilnaz Kashefi Pour

The Department of Finance
Associate Professor in Finance
Deputy Head of the Department of Finance

Contact details

Telephone: +44 (0) 121 414 4882
Email: e.kashefipour@bham.ac.uk

Address: Department of Finance
Birmingham Business School, University of Birmingham
University House
Edgbaston Park Road
Birmingham
B15 2TT

Eilnaz is an Associate Professor and Deputy Head of the Department of Finance. She completed her PhD in Finance at Bayes Business School (formerly Cass Business School). Her research focuses on empirical issues in corporate finance, particularly capital structure, debt maturity, IPOs, and delistings. She also explores topics in green finance, corporate social responsibility, and national culture. Her work has been published in leading academic journals such as Entrepreneurship Theory and Practice (ABS, 4), The British Journal of Management (ABS, 4), and the Journal of Banking and Finance (ABS, 3). She received the School Award for Research Excellence at Birmingham Business School for her publication in the Financial Times (FT) in 2023.

Eilnaz has taught various modules to MSc, BSc, and KPMG students, earning recognition for her teaching excellence with the Teaching Innovation Award in 2016. She designed and led the MSc Wealth Management program from 2018 to 2020, served as Programme Director for the MSc Financial Management in 2021, and was Director of Research in the Department of Finance from September 2021 to October 2023.

She serves on the editorial board of the International Review of Economics and Finance and is an ad hoc reviewer for several leading finance journals, including the Journal of Business Finance and Accounting and the European Journal of Finance. She is also actively involved in grant capturing and welcomes new PhD applicants.

Qualifications

Educational Background

PhD in Finance (Bayes, formerly Cass, Business School)
MSc in International Management with Finance (Queen Mary University of London)
BSc in Economics

Teaching Certificates

Senior Fellowship of the Higher Education Academy
PGCert in Higher Education

Teaching

Current Modules

Alternative Finance- MSc Financial Management
Managerial Finance- BSc Business Management

Past modules

Theory of Financial Management- MSc Investments
Corporate Restructuring- BSc Accounting and Finance
Corporate Finance- BSc Engineering with Business
Introduction to Finance- KPMG
Introduction to Finance- BSc Accounting and Finance
Managerial Finance- BSc Business Management

Award: Teaching Innovation (2016) - University of Birmingham

Postgraduate supervision

Tariq Qaysi (PhD)
Junchen Li (PhD)
Haoying Zhou (PhD)

Research

Research Interests

Capital structure & Debt maturity
IPOs & Delisting
Investment
National Culture
Corporate Social Responsibility
Green Finance

Research Grant

2019- College of Social Sciences Quality Output Support Scheme (CoSS QOSS) Funding

2019 – Green lendings, Funded by Birmingham Business School.

2018 - Pre- and Post-Delisting Performance: A Cross-Country Analysis (with Meziane Lasfer, Cass Business School University of London), Funded by BA/ Leverhulme.

2017- International Delistings (with Meziane Lasfer, Cass Business School University of London), Funded by Birmingham Business School.

2014 - Bank CEO Traits and Risk, Funded by Birmingham Business School.

Media Engagement

Eilnaz research has attracted media attention, particularly The Financial Times;

Andrew Bounds, Financial Times, October 1, 2015, “UK case studies: stock market listing and delisting: There are many advantages to a flotation, so why would anyone buy back a company?”

Meziane Lasfer, Financial Times, July 7, 2015, “Aim’s survival is in the hands of the regulators”

Jeremy Taylor, Financial Times, July 10, 2015, “Aim must be run for the benefit of its investors”

Claer Barrett, Financial Times June 19, 2015 “Aim — 20 years of a few winners and many losers: Why has London’s junior

Publications

Published Papers

Pour, E.K., Uddin, M., Murinde, V. and Amini, S. (2023). CEO Power, Bank Risk-Taking and National Culture: International Evidence. Journal of Financial Stability, p.101133

Amini, S., Johan, S., Pour, E.K. and Mohamed, A. (2022). Employee welfare, social capital, and IPO firm survival. Entrepreneurship Theory and Practice, p.10422587221120821

Kashefi‐Pour, E., Amini, S., Uddin, M. and Duxbury, D., (2020), Does Cultural Difference Affect Investment–Cash Flow Sensitivity? Evidence from OECD Countries. British Journal of Management, 31(3), pp.636-658.

Kashefi Pour, E. and Lasfer, M. (2019), Taxes, governance, and debt maturity structure: International evidence. Journal of International Financial Markets, Institutions and Money, 58: 136-161.

Khansalar, E. and Kashefi Pour, E. (2018), The usefulness of the double entry constraint for predicting earnings. Review of Quantitative Finance and Accounting, pp.1-17.

Hoque, H. and Kashefi Pour, E. (2018), Bank‐Level and Country‐Level Determinants of Bank Capital Structure and Funding Sources, International Journal of Finance and Economics 23:504–532.

Kashefi Pour, E. (2016), Entering to the Public Bond Market during the Financial Crisis, Journal of Research in International Business and Finance, 39, pp. 102-114.

Kashefi Pour, E. and Khansalar, E. (2015), Does debt capacity matter in the choice of debt in reducing the underinvestment problem?, Journal of Research in International Business and Finance, 34, pp. 251-264.

Kashefi Pour, E. (2015), IPO Survival and CEOs’ Decision-Making Power: The Evidence of China, Journal of Research in International Business and Finance, 33, pp. 247-267.

Kashefi Pour, E. and Lasfer, M. (2013), Why do companies delist voluntarily from the stock market, Journal of Banking and Finance 37, pp. 4850–4860.

Kashefi Pour, E. (2011), The determinants of capital structure across firms’ sizes: The U.K evidence, International Journal of Finance Accounting and Economics Studies 1, pp. 45-73.

View all publications in research portal