Professor Mohamed Shaban

Professor of Finance and FinTech

Contact details

Tel: +44 (0)116 252 3958
Email: m.shaban@le.ac.uk
Office: Room 2.11, Mallard House, Brookfield
Office hours: by appointment
LinkedIn: M-Shaban
Researchgate: Mohamed Shaban

Personal details

I am currently a Professor of Finance and FinTech at the University of Leicester School of Business (ULSB). I am the vice president of the International Finance and Banking Society (IFABS). I am currently an independent non-Executive Member of the Board of Directors of Dagong Europe Credit Rating. I have extensive industry and academic experience in the areas of corporate finance, investment, financial services industry, AI in finance and FinTech. My major research fields are international banking, corporate finance, SME's lending and governance where I have published a number of research papers in these areas. I have consulted as an international expert by Indonesian BPK (Supreme Audit Board) for banking and service sector performance evaluation. I am currently leading a major research project in the area of SMEs finance and FinTect in collaboration with researchers from BPK and the Asian Development Bank Institute (ADBI) and the United Nation Industrial Development Organisation (UNIDO).

I joined the University of Leicester from the University of Sheffield. Formerly I worked in several managerial posts in top regional companies in Egypt before joining academia. My last position was the Director of Corporate Finance at TMG Group a Real Estate and Hotel Development group. Among my major achievements are the feasibility studies of the landmark residential and hotel complexes in Egypt (Four Seasons Hotels in Cairo, Alexandria and Sharm El Sheikh and Kempinski Hotel Cairo), founding the IFABS and its sub-entities including FAB-Tech, IFABS-Corporate Finance. I am also the co-founder and the co-founder of UK Efficiency, Productivity and Innovation Network UKEPIAN. Currently I am the Coordinator of the EURO Working Group on Efficiency and Productivity Analysis.

Research

Banking and Financial Regulations
FinTech and AI in Finance
Corporate Finance
Access to Finance and SMEs Finance
Islamic Banking and Finance
Productivity and Efficiency Analysis

Key publications

Sena V, Duygun M, Lubrano G, Marra M, Shaban M (2018) Board independence, corruption and innovation. Some evidence on UK subsidiaries. Journal of Corporate Finance, 50, pp. 22-43 http://dx.doi.org/10.1016/j.jcorpfin.2017.12.028.

Banerji S, Duygun M, Shaban M (2018) Political connections, bailout in financial markets and firm value.J ournal of Corporate Finance, 50, pp. 388-401 http://dx.doi.org/10.1016/j.jcorpfin.2016.12.001 http://hdl.handle.net/2381/43260

Shaban M, James GA (2018) The effects of ownership change on bank performance and risk exposure: Evidence from Indonesia. Journal of Banking and Finance, 88, pp. 483-497 http://dx.doi.org/10.1016/j.jbankfin.2017.02.002 http://hdl.handle.net/2381/42702

Duygun M, Sena V, Shaban M (2016) Trademarking activities and total factor productivity: Some evidence for British commercial banks using a metafrontier approach. Journal of Banking and Finance, 72, pp. S70-S80 http://dx.doi.org/10.1016/j.jbankfin.2016.04.017

Shaban M, Duygun M, Fry J (2016) SME's lending and Islamic finance. Is it a "win-win" situation?. Economic Modelling, 55, pp. 1-5 http://dx.doi.org/10.1016/j.econmod.2016.01.029 http://hdl.handle.net/2381/42729

Duygun M, Prior D, Shaban M, Tortosa-Ausina E (2015) Disentangling the European Airlines efficiency puzzle: A network data envelopment analysis approach.

Shaban M, Duygun M, Anwar M, Akbar B (2014) Diversification and banks' willingness to lend to small businesses: Evidence from Islamic and conventional banks in Indonesia. Journal of Economic Behavior and Organization, 103 http://dx.doi.org/10.1016/j.jebo.2014.03.021

Rossignolo AF, Fethi MD, Shaban M (2011) Value-at-Risk models and Basel capital charges. Evidence from Emerging and Frontier stock markets. Journal of Financial Stability.

Publications

Duygun M, Prior D, Shaban M, Tortosa-Ausina E (2015) Disentangling the European Airlines efficiency puzzle:A network data envelopment analysis approach.

Duygun M, Ozturk H, Shaban M, Tortosa-Ausina E (2014) Quo Vadis, raters? A frontier approach to identify misratings in sovereign credit risk.

Duygun M, Sena V, Shaban M (2013) Schumpeterian competition and efficiency among commercial banks. Journal of Banking and Finance, 37 (12), pp. 5176-5185 http://dx.doi.org/10.1016/j.jbankfin.2013.07.003

Duygun M, Shaban M, Soriano P, Tortosa-Ausina E (2013) Rethinking banking and finance: Money, markets and models.Journal of Banking and Finance, 37 (12), pp. 5160-5162 http://dx.doi.org/10.1016/j.jbankfin.2013.08.026

Shaban M, Duygun M, Anwar M, Akbar B (2014) Diversification and banks' willingness to lend to small businesses: Evidence from Islamic and conventional banks in Indonesia.Journal of Economic Behavior and Organization, , 103 http://dx.doi.org/10.1016/j.jebo.2014.03.021

Duygun M, Shaban M, Soriano P, Tortosa-Ausina E (2013) Rethinking banking and finance: Money, markets and models.Journal of Banking and Finance, http://dx.doi.org/10.1016/j.jbankfin.2013.08.026

Shaban M. Hassan M, Fethi M, Weyman-Jones (0) Turkish Banking Re-capitalization and the Financial Crisis: an Efficiency and Productivity Analysis, Emerging Markets.Finance and Trade.

Fethi MD, Sena V, Shaban M (2013) Schumpeterian Competition and Efficiency in commercial banks.Journal of Banking and Finance, , Not Applicable, pp. Not Applicable http://dx.doi.org/10.1016/j.jbankfin.2013.07.003

Rossignolo AF, Fethi MD, Shaban M (2012) Value-at-Risk models and Basel capital charges. Evidence from Emerging and Frontier stock markets.Journal of Financial Stability, , 8 (4), pp. 303-319 http://dx.doi.org/10.1016/j.jfs.2011.11.003 http://hdl.handle.net/2381/27567

Fethi MD, Shaban M, Weyman-Jones T (2011) Liberalisation, privatisation and the productivity of Egyptian banks: a non-parametric approach.Service Industries Journal, 31 (7), pp. 1143-1163 http://dx.doi.org/10.1080/02642060903431686 http://hdl.handle.net/2381/9236

Lozano-Vivas A, Kumbhakar SC, Fethi MD, Shaban M (2011) Consolidation in the European banking industry: How effective is it?.Journal of Productivity Analysis, , 36 (3), pp. 247-261 http://dx.doi.org/10.1007/s11123-011-0212-8 http://hdl.handle.net/2381/11291

Duygun M, Shaban M, Weyman-Jones T (2015) Measuring competition using the Boone relative profit difference indicator. Economics Letters, 132, pp. 117-120 http://dx.doi.org/10.1016/j.econlet.2015.04.022

Fethi MD, Kenjegalieva K, Shaban M (2008) Determinants of Bank Efficiency in the Transition Economies in Europe: A Comparison of Frontier Techniques with Panel Data.

Duygun M, Nolte I, S F, Shaban M (2014) The search for financial stability: Models, policies and prospects.Journal of Banking and Finance, 49, pp. 323-325 http://dx.doi.org/10.1016/j.jbankfin.2014.08.026

Duygun M, Ozturk H, Shaban M (2016) The role of sovereign credit ratings in fiscal discipline.EMERGING MARKETS REVIEW, , 27, pp. 197-216 http://dx.doi.org/10.1016/j.ememar.2016.05.002

Banerji S, Duygun M, Shaban M (2018) Political connections, bailout in financial markets and firm value.Journal of Corporate Finance, , 50, pp. 388-401 http://dx.doi.org/10.1016/j.jcorpfin.2016.12.001 http://hdl.handle.net/2381/43260

Duygun M, Shaban M, Sickles RC, Weyman-Jones T (2015) How a regulatory capital requirement affects banks' productivity: an application to emerging economies.JOURNAL OF PRODUCTIVITY ANALYSIS, , 44 (3), pp. 237-248 http://dx.doi.org/10.1007/s11123-015-0451-1

Duygun M, Sena V, Shaban M (2016) Trademarking activities and total factor productivity: Some evidence for British commercial banks using a metafrontier approach.JOURNAL OF BANKING & FINANCE, , 72, pp. S70-S80 http://dx.doi.org/10.1016/j.jbankfin.2016.04.017

Lozano-Vivas A, Kumbhakar SC, Fethi MD, Shaban M (2011) Consolidation in the European banking industry: how effective is it?. Journal of Productivity Analysis, pp. 1-15

Shaban M., Rossignolo A, Fethi M (2012) Extreme Value Theory performance in the event of major financial crises. International Journal of Banking, Accounting and Finance, forthcoming, http://hdl.handle.net/2381/13722

Rossignolo AF, Fethi MD, Shaban M (2011) Value-at-Risk models and Basel capital charges. Evidence from Emerging and Frontier stock markets. Journal of Financial Stability.

Duygun M, Sena V, Shaban M (2014) Trademarking status and economic efficiency among commercial banks: Some evidence for the UK.Journal of Banking and Finance, , 49, pp. 506-514 http://dx.doi.org/10.1016/j.jbankfin.2014.06.009