Professor Bonnie Buchanan
Academic and research departments
Department of Finance and Accounting, Faculty of Arts and Social Sciences.About
Biography
Professor Bonnie Buchanan is the Director of the Sustainable and Explainable FinTech (SAEF) Center at the Surrey Business School (SBS) and a Professor of Finance. She is the Immediate Past Head of the Department of Finance and Accounting at SBS (2019 - 2023). Professor Buchanan is also a fellow of the University's Center of Sustainability, the Center for AI and the Centre of Digital Economy (CoDE).
In 2018-2019, Professor Buchanan served as the USA Fulbright-Hanken Distinguished Chair of Business and Economics at the Hanken School of Economics, Finland. Prior to this, Professor Buchanan worked at Seattle University where she was the Howard Bosanko Professor in International Finance and Economics and the George Albers Professor. She also served as the MSF program director and MBA program director at Seattle University.
Professor Buchanan has published in leading international journals including the Journal of Corporate Finance, Journal of Business Ethics, American Business Law Journal, Journal of International Financial Markets and Institutions, International Review of Financial Analysis, Oxford Review of Economic Policy and European Journal of Finance. Her research on shareholder proposals has been recognized with the Hoeber Memorial Award for Outstanding Article in American Business Law Journal and her work has been cited in the Financial Times. She has research expertise in FinTech, AI in financial services, securitization, CSR and law and finance. Professor Buchanan has also taught in Australia, Russia and Finland. She was the Editor in Chief of Journal of Risk Finance between 2013-2021.
Professor Buchanan also appears in the media on FinTech, big data and AI issues.
Areas of specialism
University roles and responsibilities
- AACSB Team
- FASS representative for National Physical Laboratory (NPL) strategic partnership.
My qualifications
Previous roles
News
ResearchResearch interests
Professor Buchanan's research interests are:
- FinTech
- Biodiversity and FinTech
- Synthetic Data and Alternative Data
- P2P lending
- Artificial intelligence in financial services
- Ethics of AI and data privacy
- Securitization
- CSR/ESG issues
- Corporate Governance
- Financial history and crises
Indicators of esteem
2020 Innovate UK Research Grant, “Accelerate an Urgent Sustainable Economic Recovery for COVID-19 in the UK Mortgage Market: Applying an AI Lens”, (£233,000)
2020 Foundation for Economic Education (Liikesivistysrahasto), Finland –” How to measure and analyse ESG information to support sustainable business?” for 2020-2022 (€200,000)
Research interests
Professor Buchanan's research interests are:
- FinTech
- Biodiversity and FinTech
- Synthetic Data and Alternative Data
- P2P lending
- Artificial intelligence in financial services
- Ethics of AI and data privacy
- Securitization
- CSR/ESG issues
- Corporate Governance
- Financial history and crises
Indicators of esteem
2020 Innovate UK Research Grant, “Accelerate an Urgent Sustainable Economic Recovery for COVID-19 in the UK Mortgage Market: Applying an AI Lens”, (£233,000)
2020 Foundation for Economic Education (Liikesivistysrahasto), Finland –” How to measure and analyse ESG information to support sustainable business?” for 2020-2022 (€200,000)
Supervision
Postgraduate research supervision
I am also currently supervising PhD students. My areas of interest are: FinTech, Artificial Intelligence in Financial Services, Securitization, CSR and Law and Finance.
Teaching
MANM493 Overview of FinTech (PGT)
MAN3124 Banking and Money.(UG)
Courses that I have taught previously: History of Financial Crises, Financial Institutions and Markets and FinTech
Publications
Highlights
2024 Foundation Ownership and Creditor Governance: Evidence from Publicly Listed Companies (with Caglar Kaya), Journal of International Financial Markets, Institutions and Money.
2024 Government Regulation on Finance: Investigating a Bank Failure and Its Regulatory Aftermath Using Financial Analyses, Sage Data Decisions. Forthcoming.
2023 Family Firm Competitiveness and Owner Involvement, with Minna Martikainen and Jussi Nikkinen, Journal of Applied Accounting Research.
2022 P2P Lending at a Crossroads, Case Center.
2021 Inside Debt and CSR: The Long Game (with Xuying (Cathy) Cao and Shuhui Wang). International Review of Financial Analysis
2021 FinTech, Base of the Pyramid Entrepreneurs and Social Value Creation, with Ahmad Arslan, Samppa Kamara and Nasib Al Nabulssi. Journal of Small Business and Enterprise Development.
2021 Multiple Owners and Total Factor Productivity: Evidence from Family Firms (with Eva Liljeblom, Minna Martikainen and Jussi Nikkinen). European Journal of Finance.
2021 Securitization and Crash Risk: Evidence from Large European Banks (with Francesca Battaglia, Franco Fiordelisi and Ornella Ricci). Journal of International Financial Markets, Institutions and Money.
2021 The Impact of Machine Learning on UK Financial Services (with Danika Wright). Oxford Review of Economic Policy.
2020 Artificial Intelligence in Finance (co-authored). Wiley.
2018 Corporate Social Responsibility, Firm Value and Influential Institutional Ownership (with C.Cao and C.Chen). Journal of Corporate Finance. Cited on Columbia Law School’s Blog on Corporations and Capital Markets
2017 Uncertainty and Firm Dividend Policy – A Natural Experiment - with E. Liljeblom, C. Cao & S.Weihrich. Journal of Corporate Finance. Vol 42. pp. 179-197. Winner of Best Paper Award – BFWG Conference, London.
2016 Securitization: A Financing Vehicle for All Seasons? Journal of Business Ethics. Vol 138, No. 3. pp. 559-577.
2017 Securitization in the Global Economy, Palgrave Macmillan (Book)