Our academic papers, working papers and reports are listed here with download links
Recently Published Papers
Kacer, M; Wilson, N; Zouari, S and Cowling, M. (2025) Entrepreneurial Finance and the Survival of Equity Funded Firms in Crisis Periods: The Case of Covid-19. Small Business Economics (forthcoming)
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