Sadok Ghoul

Professor, Campus Saint-Jean - Académique

Personal Website: https://sites.google.com/a/ualberta.ca/sadok-el-ghoul/

English | Français

Contact

Professor, Campus Saint-Jean - Académique
Email
elghoul@ualberta.ca
Phone
(780) 465-8725
Address
2-16 CSJ Pavillon Lacerte
8406 Marie-Anne-Gaboury St (91 St)
Edmonton AB
T6C 4G9

Overview

Area of Study / Keywords

CSJ Researchers - Humanities and Social Sciences


About

Sadok El Ghoul is a Professor of Business Administration at Campus Saint-Jean of the University of Alberta, where he teaches finance, international business and econometrics. He received his M.B.A. and Ph.D. from Laval University. Before joining the University of Alberta, he taught international financial management at Laval University. His research interests include corporate finance, corporate governance, corporate social responsibility, international finance, financial institutions, and the role of culture in financial markets. His work has been published in finance, management, international business, business ethics and accounting journals such as Journal of Financial and Quantitative Analysis, Review of Finance, Management Science, Journal of International Business Studies, Journal of Business Ethics, The Accounting Review and Contemporary Accounting Research. Prof. El Ghoul received the McCalla Professorship at the University of Alberta in 2013-2014. He has won several awards including the Moskowitz Prize for the Best Paper in Socially Responsible Investing in 2011, the best paper award in financial institutions at the Southwestern Finance Association conference in 2012, the Korea Development Bank outstanding paper award at the Conference on Asia–Pacific Financial Markets in 2013, the best paper award at the World Business Ethics Forum in 2016, and the best paper award in emerging economies research at the Academy of International Business meeting in 2018. He is an associate editor at the Journal of Banking & Finance, a subject editor at Emerging Markets Review, and an editorial board member of several other academic journals. In 2017, he received the Martha Cook Piper Research Prize, which recognizes two University of Alberta faculty members in the early stage of their careers. 


Research

Recent work

1. An, X., El Ghoul, S. Guedhami, O., Levine, R., Roman, R. Home Sweet Loan: The Impact of Social Capital on Home Loans from Approval to Repayment.

2. Chen, R., El Ghoul, S., Guedhami, O., Pittman, J., Yang, Y. Tax Avoidance and the Cost of Equity: The Role of Corporate Governance and Institutional Infrastructure. 

3. El Ghoul, S., Choi, H., Guedhami, O, Lee, E. J., Suh, J. Equity Issuance and Cash Savings: New Evidence.

4. Chen, R., El Ghoul, S., Guedhami, O., Nash, R., Yang, Y. Do as I Say, Not as I Do: Tax Avoidance by State-Owned Firms.

5. El Ghoul, S., Guedhami, O., Zheng, Y. Do Firms Benefit from Taking Heterogeneous Debt? International Evidence from Capital Structure and Product Market Interactions.

6. Chen, R., El Ghoul, S., Guedhami, O., Liu, F. CEO Pay Differences between U.S. and non-U.S. firms: A New Longitudinal Investigation.

7. Duong, H. K., El Ghoul, S., Guedhami, O., Sequeira, E., Zuobao, W. Can Whistleblowing Improve Organizational Effectiveness? Evidence from Financial Reporting Misconduct.

8. El Ghoul, S., Tu, W., Zheng, X. Pledged Shares, Avoided Taxes: Exploring the Link between Shareholder Pledging and Corporate Tax Strategies. 

9. El Ghoul, S., Guedhami, O, Kim, H, Suh, J. Institutions, Equity Issuance, and Shareholder Value: New International Evidence. 

10. Bae, K-H., El Ghoul, S. Gong, Z., Guedhami, O., Su, L. Board-CEO Trust and Concealing Adverse News.

11. Drobetz, W., El Ghoul, S., Guedhami, O., Mönkemeyer, M., Schröder, H. Institutional Investor Monitoring and Earnings Management.

12. El Ghoul, S., Guedhami, O., Senbet, L., Zheng, X. Employment Protection and Debt Structure Concentration: International Evidence. 

13. Carney, R., El Ghoul, S., Guedhami, O. Sovereign Wealth Funds: The Investment Effects of Organizational Purpose and Political Regime. 

14. Drobetz, W., El Ghoul, S., Guedhami, O., Hackmann, J. P., Momtaz, P. Entrepreneurial Finance and Sustainability: Do Institutional Investors Impact the ESG Performance of SMEs? Journal of Business Venturing Insights, forthcoming.

15. Barg, J., Drobetz, W., El Ghoul, S., Guedhami, O., Schröder, H. Institutional Dual Ownership and Voluntary Greenhouse Gas Emission Disclosure. Journal of Corporate Finance, forthcoming.

16. Dong, L., El Ghoul, S., Guedhami, O, Uchida, K., Zhang, Y. 2024. Related-Party Transactions and CEO Foreign Experience: Evidence from China. Journal of Behavioral and Experimental Finance 43, 100963.

17. Carney, R., Chen, R., El Ghoul, S., Guedhami, O. 2024. National Legislatures and Corporate Transparency. Research in International Business and Finance 71, 102441.

18. El Ghoul, S., Guedhami, O., Saadi, S., Sassi, S. The Brown Side of Firm Flexibility. European Financial Management, forthcoming.

19. Carney, R., El Ghoul, S., Guedhami, O., Wang, H. 2024. Geopolitical Risk and the Cost of Equity Capital in Emerging Economies. Emerging Markets Review 61, 101149.

20. Driss, H., Drobetz, W., El Ghoul, S., Guedhami, O. 2024. The Sustainability Committee and Environmental Disclosure: International Evidence. Journal of Economic Behavior and Organization 221, 602–625. 

21. El Ghoul, S., Guedhami, O., Jamshed, R. 2024. Global Perspectives on Corporate Social Responsibility, Political Institutions, and the Political Economy. Global Finance Journal 60, 100936.

22. El Ghoul, S., Fu, Z., Guedhami, O., Kim, Y. 2024. Do Insiders Profit from Public Environmental Information? Evidence from Insider Trading. Global Finance Journal 60, 100937. 

23. Zareie, M., Attig, N., El Ghoul, S., Fooladi, I. 2024. Firm digital transformation and corporate performance: The moderating effect of organizational capital. Finance Research Letters 61, 105032.  

24. Barg, J., Drobetz, W., El Ghoul, S., Guedhami, O., Schröder, H. 2024. Board Ancestral Diversity and Voluntary Greenhouse Gas Emission Disclosure. British Journal of Management 35, 1512–1529.

25. Chen, R., El Ghoul, S., Guedhami, O. 2024. Conducting Research in International Accounting and Finance: Opportunities, Challenges, and Recommendations. Journal of International Accounting Research 23, 1–20.

26. Brockman, P., Drobetz, W., El Ghoul, S., Guedhami, O., Zheng, Y. 2024. Do Foreign Institutional Shareholders Affect International Debt Contracting? Evidence from Yankee Bond Covenants. Journal of International Business Studies 55, 551–576.

27. Drobetz, W., El Ghoul, S., Fu, Z., Guedhami, O. 2024. Institutional Investors and Corporate Environmental Costs: The Roles of Investment Horizon and Investor Origin. European Financial Management 30, 727–769.

28. El Ghoul, S., Guedhami, O., Kuang, H., Zheng, Y. 2024. Does Climate Change Exposure Matter to Stakeholders? Evidence from the Costs of High Leverage. Review of Corporate Finance 4, 47–87.

29. Bae, K-H, El Ghoul, S., Gong, Z., Guedhami, O. In the CEO we Trust: Negative Effects of CEO-Board Trust. Journal of Financial and Quantitative Analysis, forthcoming.

30. El Ghoul, S., Guedhami, O, Kim, H, Suh, J. 2024. The Persistence and Consequences of Share Repurchases. Journal of Business, Finance & Accounting 51, 431–472.

Courses

ADMI 302 - Introduction à la finance

Différents types de titres boursiers et méthodes d'évaluation de base. Évaluation et sélection d'actifs matériels et intellectuels. Fonctionnement et efficience des marchés financiers. Mesures de risque et méthode de réduction du risque. Politique de financement, incluant le choix entre l'endettement et les fonds propres. Note: On s'attend à ce que les étudiants soient familiers avec les logiciels informatiques de base. Préalable(s): STAT 151 ou équivalent. Autres cours préalable(s) ou concomitant(s): MGTSC 312, ACCTG 300 ou ACCTG 311.


ADMI 479 - L'entreprise et le gouvernement au Canada

Analyse de l'interaction entre l'entreprise et l'administration publique. On s'intéresse en particulier à la dynamique d'ajustement de la firme et du gouvernement dans les changements d'environnement et de politiques. Les motivations et comportements des décideurs publics et des personnes responsables de l'application des mesures sont présentés dans le contexte d'interaction entre les différents groupes impliqués. Sont posées les bases d'une analyse de l'efficacité des différentes politiques, tant fiscales que réglementaires, visant la firme. On y aborde aussi les conséquences des changements de l'environnement économique, technologique et social pour la firme. Préalable(s): ECONE 281 ou BUEC 311. Note: Ce cours n'est pas accessible aux étudiants ayant ou postulant des crédits pour BUEC 479.


ECONE 282 - Macroéconomie intermédiaire I

Introduction aux modèles analytiques de la macroéconomie. Présentation des modèles à prix fixes et flexibles de la détermination du taux d'intérêt, de la production et de l'emploi. Étude des relations entre le marché de l'emploi et l'offre agrégée. Analyse des conséquences de la politique fiscale et monétaire ainsi que des chocs d'offre. Analyse en économie ouverte avec taux de change fixe et flexible. Étude des mouvements de capitaux. Préalable(s): ECONE 101 et 102 ou équivalent. Note: Ce cours n'est pas accessible aux étudiants ayant ou postulant des crédits pour MANEC 301 et 402.


ECONE 299 - Méthodes quantitatives en économie

Introduction à l'utilisation des outils mathématiques en économie avec applications. Préalable(s): ECONE 101 et 102, STATQ 151 ou STAT 141 ou SCI 151 et MATHQ 114 (ou 113) ou SCI 100. Note: Ce cours doit être suivi avant ECONE 399.


MAFSJ 552 - Thèmes en économie et société

Analyse critique des enjeux de développement dans l'économie mondiale et le système interétatique; analyse de différents aspects des sociétés en voie de développement: régimes agraires et monde rural; stratégies d'industrialisation; marché du travail (secteur formel/informel); clivages sociaux (classes, castes, ethnies); conflits intercommunautaires; état (bureaucraties, régimes, politiques sociales); approche comparative interrégionale. Note: Ce cours n'est pas accessible aux étudiants ayant ou postulant des crédits pour SOCIE 412.


Browse more courses taught by Sadok Ghoul

Featured Publications

Sadok El Ghoul, Omrane Guedhami, Samir Saadi, Syrine Sassi

European Financial Management. 2024 July; 10.1111/eufm.12495


Johannes A. Barg, Wolfgang Drobetz, Sadok El Ghoul, Omrane Guedhami, Henning Schröder

British Journal of Management. 2024 July; 10.1111/1467-8551.12778


Mobina Zareie, Najah Attig, Sadok El Ghoul, Iraj Fooladi

Finance Research Letters. 2024 March; 10.1016/j.frl.2024.105032


Sadok El Ghoul, Omrane Guedhami, Hyunseok Kim, Jungwon Suh

Journal of Business Finance & Accounting. 2024 January; 10.1111/jbfa.12699


Sadok El Ghoul, Omrane Guedhami, Zuobao Wei, Yicheng Zhu

Journal of Banking & Finance. 2023 September; 10.1016/j.jbankfin.2023.106860


Sadok El Ghoul, Omrane Guedhami, Sattar A. Mansi, Hyo Jin Yoon

Management Science. 2023 September; 10.1287/mnsc.2022.4593


Hamdi Driss, Sadok El Ghoul, Omrane Guedhami, John K. Wald

Financial Review. 2023 May; 10.1111/fire.12321


Sadok El Ghoul, Omrane Guedhami, Robert Nash, He (Helen) Wang

Journal of Financial Research. 2022 December; 10.1111/jfir.12299


Ruiyuan (Ryan) Chen, Sadok El Ghoul, Omrane Guedhami, Feiyu Liu

Corporate Governance: An International Review. 2022 November; 10.1111/corg.12445


Sadok El Ghoul, Aymen Karoui

Journal of Banking & Finance. 2022 October; 10.1016/j.jbankfin.2022.106598


Aymen Karoui, Sadok El Ghoul

Financial Review. 2022 August; 10.1111/fire.12298


SSRN. 2022 January;


Journal of International Financial Markets, Institutions and Money. 2022 January; 10.1016/j.intfin.2022.101647


Journal of International Business Studies. 2022 January; 10.1057/s41267-022-00533-7


Journal of International Money and Finance. 2022 January; 10.1016/j.jimonfin.2021.102498


Journal of International Business Studies. 2022 January; 10.1057/s41267-022-00534-6


Journal of International Business Studies. 2022 January; 10.1057/s41267-020-00348-4


Journal of Corporate Finance. 2021 January; 10.1016/j.jcorpfin.2020.101785


Finance Research Letters. 2021 January; 10.1016/j.frl.2020.101876


Finance Research Letters. 2021 January; 10.1016/j.frl.2020.101620


Journal of International Business Studies. 2021 January; 10.1057/s41267-020-00309-x


SSRN. 2021 January; 10.2139/ssrn.3766404


SSRN. 2021 January; 10.2139/ssrn.3773588


SSRN. 2021 January; 10.2139/ssrn.3765594


Accounting Review. 2021 January; 10.2308/TAR-2018-0057


Journal of International Business Studies. 2021 January; 10.1057/s41267-021-00406-5


Journal of Corporate Finance. 2021 January; 10.1016/j.jcorpfin.2020.101874


Finance Research Letters. 2021 January; 10.1016/j.frl.2021.101927


Journal of Banking and Finance. 2021 January; 10.1016/j.jbankfin.2021.106299


Journal of Financial and Quantitative Analysis. 2021 January; 10.1017/S0022109020000319


Emerging Markets Review. 2021 January; 10.1016/j.ememar.2020.100758


Journal of International Financial Markets, Institutions and Money. 2021 January; 10.1016/j.intfin.2021.101449


Finance Research Letters. 2021 January; 10.1016/j.frl.2020.101641


SSRN. 2021 January; 10.2139/ssrn.3763147


Journal of Corporate Finance. 2021 January; 10.1016/j.jcorpfin.2020.101876


Journal of Corporate Finance. 2021 January; 10.1016/j.jcorpfin.2021.102092


Journal of International Business Studies. 2021 January; 10.1057/s41267-020-00351-9


Journal of Corporate Finance. 2020 January; 10.1016/j.jcorpfin.2020.101763


SSRN. 2020 January; 10.2139/ssrn.3740950


Journal of Corporate Finance. 2020 January; 10.1016/j.jcorpfin.2020.101775


SSRN. 2020 January; 10.2139/ssrn.3731051


Emerging Markets Review. 2020 January; 10.1016/j.ememar.2020.100701


Journal of Corporate Finance. 2020 January; 10.1016/j.jcorpfin.2020.101625


Journal of International Money and Finance. 2020 January; 10.1016/j.jimonfin.2019.102091


SSRN. 2020 January; 10.2139/ssrn.3704053


SSRN. 2020 January; 10.2139/ssrn.3725355


Research in International Business and Finance. 2020 January; 10.1016/j.ribaf.2020.101243


SSRN. 2020 January; 10.2139/ssrn.3726764


SSRN. 2020 January; 10.2139/ssrn.3719656


SSRN. 2020 January; 10.2139/ssrn.3570735


SSRN. 2020 January; 10.2139/ssrn.3700568


Sadok El Ghoul, Omrane Guedhami, Chuck C.Y. Kwok, Ying Zheng

Journal of Banking & Finance. 2019 September; 10.1016/j.jbankfin.2019.06.004


Kee-Hong Bae, Sadok El Ghoul, Omrane Guedhami, Chuck C.Y. Kwok, Ying Zheng

Journal of Banking & Finance. 2019 March; 10.1016/j.jbankfin.2018.11.007


SSRN. 2019 January; 10.2139/ssrn.3440918


SSRN. 2019 January; 10.2139/ssrn.3409587


SSRN. 2019 January; 10.2139/ssrn.3489201


Journal of Business Ethics. 2019 January; 10.1007/s10551-016-3354-9


SSRN. 2019 January;


SSRN. 2018 January; 10.2139/ssrn.3290940


Review of Finance. 2018 January; 10.1093/rof/rfw065


Journal of Corporate Finance. 2018 January; 10.1016/j.jcorpfin.2017.12.026


Journal of Financial and Quantitative Analysis. 2018 January; 10.1017/S0022109018000236


Journal of Financial Stability. 2018 January; 10.1016/j.jfs.2018.08.005


Contemporary Accounting Research. 2018 January; 10.1111/1911-3846.12329


SSRN. 2018 January; 10.2139/ssrn.3295228


Journal of Business Ethics. 2018 January; 10.1007/s10551-015-3005-6


Sadok El Ghoul, Aymen Karoui

Journal of Banking & Finance. 2017 April; 10.1016/j.jbankfin.2016.10.009


Ruiyuan Chen, Sadok El Ghoul, Omrane Guedhami, He Wang

Journal of Corporate Finance. 2017 February; 10.1016/j.jcorpfin.2014.09.001


Journal of International Business Studies. 2017 January; 10.1057/jibs.2016.4


Management Science. 2017 January; 10.1287/mnsc.2016.2422


Sadok El Ghoul, Omrane Guedhami, He Wang, Chuck C.Y. Kwok

Journal of Banking & Finance. 2016 December; 10.1016/j.jbankfin.2016.08.008


Sadok El Ghoul, Xiaolan Zheng

Journal of Corporate Finance. 2016 December; 10.1016/j.jcorpfin.2016.07.002


Journal of Business Ethics. 2016 January; 10.1007/s10551-015-2551-2


Contemporary Accounting Research. 2016 January; 10.1111/1911-3846.12168


Accounting, Organizations and Society. 2016 January; 10.1016/j.aos.2016.03.002


Journal of Corporate Finance. 2016 January; 10.1016/j.jcorpfin.2016.08.008


Journal of Business Ethics. 2016 January; 10.1007/s10551-014-2410-6


Financial Management. 2016 January; 10.1111/fima.12107


Financial Management. 2016 January; 10.1111/fima.12115


Journal of Multinational Financial Management. 2015 January; 10.1016/j.mulfin.2015.05.003


Journal of Financial Research. 2015 January; 10.1111/jfir.12081


Journal of Business Ethics. 2014 January; 10.1007/s10551-013-1693-3


Journal of Corporate Finance. 2014 January; 10.1016/j.jcorpfin.2013.10.007


Journal of Corporate Finance. 2014 January; 10.1016/j.jcorpfin.2014.05.009


Journal of Multinational Financial Management. 2013 January; 10.1016/j.mulfin.2013.06.002


Journal of Management and Governance. 2013 January; 10.1007/s10997-011-9184-3


Financial Management. 2013 January; 10.1111/j.1755-053X.2012.01221.x


Contemporary Accounting Research. 2013 January; 10.1111/j.1911-3846.2011.01147.x


Journal of Business Ethics. 2013 January; 10.1007/s10551-013-1714-2


Journal of International Business Studies. 2013 January; 10.1057/jibs.2013.19


Journal of Business Ethics. 2012 January; 10.1007/s10551-012-1213-x


Journal of Banking and Finance. 2012 January; 10.1016/j.jbankfin.2011.11.015


Journal of Banking and Finance. 2012 January; 10.1016/j.jbankfin.2011.08.004


Journal of Banking and Finance. 2011 January; 10.1016/j.jbankfin.2011.02.007


International Finance Review. 2011 January; 10.1108/S1569-3767(2011)0000012005


Contemporary Accounting Research. 2011 January; 10.1111/j.1911-3846.2011.01065.x


Journal of Financial Research. 2009 January; 10.1111/j.1475-6803.2009.01255.x


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