Our academic papers, working papers and reports are listed here with download links
Recently Published Papers
Cowling M, Liu W, Yang H, Wilson N. 2025. Loan size concentration under the UK Enterprise Finance Guarantee Scheme and SME access to Finance. Journal of Small Business Management.
Kacer M, Wilson N, Zouari S, Cowling M. 2025. Entrepreneurial finance and the survival of equity-funded firms in crisis periods: the case of COVID-19. Small Business Economics.
Lavery, P., & Wilson, N. (2024). The performance of private equity portfolio companies during the COVID-19 pandemic. Journal of Corporate Finance, 89. doi:10.1016/j.jcorpfin.2024.102641
Cowling, M., & Wilson, N. (2024). The Puzzle of UK (Under) Investment: Is Investment Short-Termism Just a Supply-Side Problem in Capital Markets? British Journal of Management. doi:10.1111/1467-8551.12833
Lavery, P. Tsoukalas, J. Wilson N. (2024) Private equity financing & firm productivity, Paper No. 041, The Productivity Institute.
Kacer, M., Wilson, N., & Zouari, S. (2024). Defaults on government guaranteed loans by potential high growth firms: Evidence from the COVID-19 period. Economics Letters, 243. doi:10.1016/j.econlet.2024.111941
Cowling, M., Wilson, N., & Liu, W. (2024). How does a small firm end up with a more expensive loan guarantee when a cheaper and safer one was on offer? The intriguing case of two UK Covid-19 guarantee schemes. Finance Research Letters, 67(Part B). doi:10.1016/j.frl.2024.105827
Kacer, M., Wilson, N., & Zouari, S. (2024). Exit Routes, Investor Type, and the Covid-19 Crisis: Insights from UK Equity-Funded Companies. Economics Letters.
Cowling, M., & Wilson, N. (2024). Does inflation trigger early repayment on Covid-19 UK guaranteed loans? Applied Economics Letters. doi:10.1080/13504851.2023.2205091
Cowling, M., Kacer, M., & Wilson, N. (2024). The demand for loan guarantees in the UK 1981–2018: time series analysis. Applied Economics Letters. doi:10.1080/13504851.2024.2332566
Cowling, M., Wilson, N., Nightingale, P., & Kacer, M. (2023). The hazards of delivering a public loan guarantee scheme: An analysis of borrower and lender characteristics. International Small Business Journal, 42(2), 212-245. doi:10.1177/02662426231181455
Cowling, M., Nightingale, P., & Wilson, N. (2023). Covid-19 Lending Support and Regional Levelling Up: Evidence from UK Loan Guarantee Schemes. Regional Studies, 57(11), 2323-2338. doi:10.1080/00343404.2022.2159021
Kacer, M., Duboisee De Ricquebourg, A., Peel, M. J., & Wilson, N. (2024). Audit Market Measures in Audit Pricing Studies: The Issue of Mechanical Correlation. European Accounting Review. doi:10.1080/09638180.2023.2214169
Amini, S., Mohamed, A., Schwienbacher, A., & Wilson, N. (2022). The Impact of Venture Capital Holding on the Firms Life-cycle: Evidence from IPO Firms. Journal of Corporate Finance. doi:10.1016/j.jcorpfin.2022.102224
Wilson, N., Uddin, M., & Wright, M. (2022). Exporting by Private Equity-Backed Portfolio Companies. British Journal of Management, 33(1), 266-285. doi:10.1111/1467-8551.12566
Estrin, S., Mickiewicz, T., & Wilson, N. (2021). An Appreciation of the Research Career of Mike Wright (1952-2019). Foundations and Trends in Entrepreneurship, 17(7), 651-765. doi:10.1561/0300000110
Cowling, M., Wilson, N., Nightingale, P., & Kacer, M. (2022). Predicting future default on the Covid-19 bounce back loan scheme: The £46.5 billion question. International Small Business Journal, 40(5), 650-666. doi:10.1177/02662426211058050
Wilson, N., Amini, S., & Wright, M. (2022). Determining the Characteristics of the Private Equity Targets: UK Evidence. British Journal of Management, 33(1), 138-159. doi:10.1111/1467-8551.12518
Meuleman, M., Wilson, N., Wright, M., & Neckebrouck, J. (2022). When the going gets tough: Private equity firms’ role as agents and the resolution of financial distress in buyouts. Journal of Small Business Management, 60(3), 513-540. doi:10.1080/00472778.2020.1717242
Toms, S., Wilson, N., & Wright, M. (2020). Innovation, intermediation, and the nature of entrepreneurship: A historical perspective. Strategic Entrepreneurship Journal, 14(1), 105-121. doi:10.1002/sej.1310