Operating inflexibility, profitability and capital structure 27 Aug 2013 | 02:15 pm

By introducing operating inflexibility into the standard capital structural model, we build a two-regime model to show that the negative relation between profitability and financial leverage is not ev...

Contingent-claim-based expected stock returns 27 Aug 2013 | 02:05 pm

We develop and test a parsimonious contingent claim model for cross-sectional stock returns under no-arbitrage condition. Because stocks are residual claims on firms’ assets that generate operating ca...

Congratulations on your A level results! 21 Aug 2013 | 05:05 pm

From everyone at the ICMA Centre we would like to welcome you to the University of Reading! Before you arrive If you are starting a programme at Reading in September or October you are bound to have p...

EU Environmental Law 19 Aug 2013 | 08:36 pm

Oil and Gas Reserve Auditing Practices 19 Aug 2013 | 08:35 pm

Oil and Gas Contract Law 19 Aug 2013 | 08:35 pm

Legal Issues in Oil and Gas 19 Aug 2013 | 08:35 pm

MSc Energy, Finance and Investment 19 Aug 2013 | 06:57 pm

This Masters programme aims to address the educational needs of the increasingly challenging, rapidly evolving and highly competitive energy sector with particular focus on the interactions between th...

Fundamentals of Financial Markets 19 Aug 2013 | 06:54 pm

The module provides an economic framework for the understanding of global financial markets, organised exchanges, market players and the importance of liquidity and price efficiency. Participants will...

Energy Trading and Risk Management 19 Aug 2013 | 01:46 pm

With the energy markets becoming more volatile, increasingly complex and in some cases relatively illiquid energy financial trading and risk management has become central.  The module focuses on the k...