Sadok Ghoul
Personal Website: https://sites.google.com/a/ualberta.ca/sadok-el-ghoul/
Contact
Professor, Campus Saint-Jean - Académique
- elghoul@ualberta.ca
- Phone
- (780) 465-8725
- Address
-
2-16 CSJ Pavillon Lacerte
8406 Marie-Anne-Gaboury St (91 St)Edmonton ABT6C 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.
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
Corporate Capital Structure and Firm Value: International Evidence on the Special Roles of Bank Debt
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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