Sadok Ghoul

Professor, Campus Saint-Jean - Soutien Académique
Associate Dean, Campus Saint-Jean - Soutien Académique
English | Français

Contact

Professor, Campus Saint-Jean - Soutien 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

Associate Dean, Campus Saint-Jean - Soutien Académique
Email
elghoul@ualberta.ca

Overview

Area of Study / Keywords

CSJ Researchers - Political Science and Administration


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. Social Capital and Mortgages.

 2. El Ghoul, S., Guedhami, O., Saadi, S., Sassi, S. Operating Inflexibility and Greenhouse Gas Emissions: International Evidence.

 3. 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.

 4. Carney, R., El Ghoul, S., Guedhami, O. Political Institutions and Corporate Transparency: The Role of Contracting Risk.

 5. Berger, A., El Ghoul, S., Guedhami, O., Saheruddin, H. Competition and Bank Risk: Evidence from Geographic Bank Deregulation.

 6. Dong, L., El Ghoul, S., Guedhami, O, Uchida, K., Zhang, Y. Related-Party Transactions and CEO Foreign Experience: Evidence from China.

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

 8. El Ghoul, S., Fu, Z., Guedhami, O., Kim, Y. Do Insiders Profit from Public Environmental Information? Evidence from Insider Trading.

 9. Driss, H., Drobetz, W., El Ghoul, S., Guedhami, O. The Sustainability Committee and Carbon Disclosure: International Evidence.

 10. Barg, J., Drobetz, W., El Ghoul, S., Guedhami, O., Schröder, H. Board Ancestral Diversity and Voluntary Greenhouse Gas Emission Disclosure. British Journal of Management, forthcoming.

 11. Chen, R., El Ghoul, S., Guedhami, O. Conducting Research in International Accounting and Finance: Opportunities, Challenges, and Recommendations. Journal of International Accounting Research, forthcoming.

 12. Brockman, P., Drobetz, W., El Ghoul, S., Guedhami, O., Zheng, Y. Do Foreign Institutional Shareholders Affect International Debt Contracting? Evidence from Yankee Bond Covenants. Journal of International Business Studies, forthcoming.

 13. Drobetz, W., El Ghoul, S., Fu, Z., Guedhami, O. Institutional Investors and Corporate Environmental Costs: The Roles of Investment Horizon and Investor Origin. European Financial Management, forthcoming.

 14. El Ghoul, S., Guedhami, O., Kuang, H., Zheng, Y. Does Climate Change Exposure Matter to Stakeholders? Evidence from the Costs of High Leverage. Review of Corporate Finance, forthcoming.

 15. 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.

 16. El Ghoul, S., Guedhami, O, Kim, H, Suh, J. The Persistence and Consequences of Share Repurchases. Journal of Business, Finance & Accounting, forthcoming.

 17. El Ghoul, S., Guedhami, O., Mansi, S., Yoon, H. J. 2023. Institutional Shareholder Distraction, Agency Conflicts, and the Cost of Debt. Management Science 69, 4973–5693.

 18. El Ghoul, S. Guedhami, O., Wei, Z, Zhu, Y. 2023. Does Public Corruption Affect Analyst Forecast Quality? Journal of Banking & Finance 154, 106860.

 19. Driss, H., El Ghoul, S, Guedhami, O., Wald, J. 2023. Governance and Leverage: International Evidence. Financial Review 58, 261–285.

 20. El Ghoul, S., Guedhami, O., Mansi, S., Wang, H. 2023. Economic Policy Uncertainty, Institutional Environments, and Corporate Cash Holdings. Research in International Business and Finance 65, 101887.

 21. El Ghoul, S., Gong, Z., Guedhami, O., Hou, F., Tong, W. 2023. Social Trust and Firm Innovation. Journal of International Financial Markets, Institutions and Money 84, 101745.

 22. Karoui, A., El Ghoul, S., Patel, S., Ramani, S. 2023. The Green and Brown Performances of Mutual Fund Portfolios. Journal of Cleaner Production 384, 135267.

 23. El Ghoul, S., Fu, Z., Guedhami, O., Saadi, S. 2023. Firm Inflexibility and the Implied Cost of Equity. Finance Research Letters 52, 103539.

 24. El Ghoul, S., Guedhami, O., Mansi, S., Sy, O. 2023. Event Studies in International Finance Research. Journal of International Business Studies 54, 344–364.

 25. Döring, S., Drobetz, W., El Ghoul, S., Guedhami, O., Schröder, H. 2023. Foreign Institutional Investors, Legal Origin, and Corporate Greenhouse Gas Emissions Disclosure. Journal of Business Ethics 182, 903–932.

 26. Boubakri, N., Cao, Z., Li, X., El Ghoul, S., Guedhami, O. 2023. National Culture and Bank Liquidity Creation. Journal of Financial Stability 64, 101086.

Featured Publications

Döring, S., Drobetz, W., El Ghoul, S., Guedhami, O., Schröder, H.

Journal of Business Ethics. 2022 October;


Driss, H., El Ghoul, S, Guedhami, O., Wald, J.

Financial Review. 2022 September;


Ashraf, B. N., El Ghoul, S., Goodell, J., Guedhami, O.

Journal of International Financial Markets, Institutions & Money. 2022 September;


Carney, R., El Ghoul, S., Guedhami, O., Lu, J., Wang, H.

Journal of International Business Studies. 2022 August;


El Ghoul, S., Guedhami, O., Nash, R., and Wang, H.

Journal of Financial Research. 2022 August;


El Ghoul, S., Karoui, A.

Journal of Banking & Finance. 2022 July; 143


Attig, N., Driss, H., El Ghoul, S.

Journal of International Financial Markets, Institutions & Money. 2022 May; 75


El Ghoul, S., Guedhami, O., Mansi, S., Sy, O.

Journal of International Business Studies. 2022 May;


Chen, R., El Ghoul, S., Guedhami, O., Wang, H., Yang, Y.

The Accounting Review. 2022 March;


Chen, R., El Ghoul, S., Guedhami, O., Liu, F.

Corporate Governance: An International Review. 2022 March;


El Ghoul, S., Karoui, A.

Financial Review. 2022 March; 57


Berger, A., El Ghoul, S., Guedhami, O., Roman, R.

Journal of International Money and Finance. 2021 September; 120


Duan, Y., El Ghoul, S., Guedhami, O., Li, H., Li, X.

Journal of Banking & Finance. 2021 April; 133


Boubakri, N., Cao, Z., Li, X., El Ghoul, S., Guedhami, O.

Journal of Financial Stability. 2021 April;


Review of Corporate Finance. 2021 April; 1


Berger, A., El Ghoul, S., Guedhami, O., Guo, J.

Review of Corporate Finance. 2021 January; 1


Driss, H., Drobetz, W., El Ghoul, S., Guedhami, O.

Journal of Corporate Finance. 2021 January; 67


Bae, K-H., El Ghoul, S. Gong, Z., Guedhami, O.

Journal of Corporate Finance. 2021 January; 67


Arouri, M., El Ghoul, S., Gomes, M.

Finance Research Letters. 2021 January; 46


El Ghoul, S., Fu, Z., Guedhami, O.

Finance Research Letters. 2020 December; 41


Attig, N., El Ghoul, S.

Journal of Corporate Finance . 2020 December; 71


Attig, N., El Ghoul, S., Guedhami, O., and Zheng, X.

Journal of Corporate Finance,. 2020 December;


Berger, A., Chen, R., El Ghoul, S., and Guedhami, O.

Journal of Corporate Finance. 2020 November;


Boubakri, N., El Ghoul, S., Guedhami, O., Wang, H.

Emerging Markets Review. 2020 November;


Boubakri, N., Chen, R., El Ghoul, S., Nash, R., and Guedhami, O.

Journal of Corporate Finance. 2020 November;


Chen, R., El Ghoul, S., Guedhami, O., Kwok, C., and Nash, R.

Journal of International Business Studies. 2020 October;


Attig, N., El Ghoul, S., Guedhami, O., Zheng, X.

Journal of Corporate Finance. 2020 October; 66


El Ghoul, S., Guedhami, O., Kim, Y., and Yoon, H. J.

The Accounting Review. 2020 October;


Döring, S., Drobetz, W., El Ghoul, S., Guedhami, O., and Schröder, H.

Finance Research Letters. 2020 October;


Döring, S., Drobetz, W., El Ghoul, S., Guedhami, O., and Schröder, H.

Journal of International Business Studies. 2020 September;


El Ghoul, S., Karoui, A.

Finance Research Letters. 2020 August;


Brockman, P., El Ghoul, S., Guedhami, O., and Zheng, Y.

Journal of International Business Studies. 2020 July; 53


Attig, N., Driss, H., and El Ghoul, S.

Emerging Markets Review. 2020 June;


Attig, N., Chen, R., El Ghoul, S., Guedhami, O., Kwok, C., and Pittman, J.

Research in International Business and Finance. 2020 May;


Boubakri, N., El Ghoul, S., Guedhami, O, and Hossain, M.

Journal of Corporate Finance. 2020 April;


Cao, Z., El Ghoul, S., Guedhami, O., Kwok, C.

Journal of International Money and Finance . 2020 March; 101


El Ghoul, S., Guedhami, O., Kwok, C., Zheng, Y.

Journal of International Business Studies. 2020 March; 52


Bae, K-H, El Ghoul, S., Guedhami, O., and Zheng, X.

Journal of Financial and Quantitative Analysis. 2020 March;


El Ghoul, S., Guedhami, O., Kwok, C., and Zheng, Y.

Journal of International Business Studies. 2020 February;


Cao, Z., El Ghoul, S., Guedhami, O., and Kwok, C.

Journal of International Money and Finance. 2020 January;


El Ghoul, S., Guedhami, O., Kwok, C., and Zheng, Y.

Journal of Banking and Finance. 2019 October;


El Ghoul, S., Guedhami, O., Nash, R., and Patel, A.

Journal of Business Ethics. 2019 January;


Bae, K-H, El Ghoul, S., Guedhami, O., Kwok, C., and Zheng, Y.

Journal of Banking and Finance. 2019 January;


Attig, N., and El Ghoul, S.

Contemporary Accounting Research. 2018 December;


Boubakri, N., El Ghoul, S., Guedhami, O., and Megginson, W.

Journal of Corporate Finance. 2018 November;


Chen, R., El Ghoul, S., Guedhami, O., and Nash, R.

Journal of Financial and Quantitative Analysis. 2018 September;


Drobetz, W., El Ghoul, S., Guedhami, O., and Janzen, M.

Journal of Financial Stability. 2018 August;


El Ghoul, S., Guedhami, O., Kim, H., and Park, K.

Journal of Business Ethics. 2018 March;


El Ghoul, S., Guedhami, O., Kwok, C., and Zheng, X.

Review of Finance. 2018 January;


Berger, A., El Ghoul, S., Guedhami, O., and Roman, R.

Management Science. 2017 November; 63


El Ghoul, S., Guedhami, O., and Kim, Y. 2017.

Journal of International Business Studies. 2017 April; 48 (3):26


El Ghoul, S., and Karoui, A.

Journal of Banking and Finance. 2017 March;


Chen, R., El Ghoul, S., Guedhami, O., and Wang, H.

Journal of Corporate Finance. 2017 February;


El Ghoul, S., Guedhami, O., and Pittman, J.

Accounting, Organizations and Society. 2016 November; 54


El Ghoul, S., Guedhami, O., Wang, H., and Kwok, C.

Journal of Banking and Finance. 2016 September; 53


El Ghoul, S., and Zheng, X.

Journal of Corporate Finance. 2016 August;


El Ghoul, S., Guedhami, O., Kwok, C., and Zheng, X.

Journal of Business Ethics. 2016 July; 139


El Ghoul, S., Guedhami, O., Pittman, J., and Rizeanu, S.

Contemporary Accounting Research. 2016 June;


Boubakri, N., El Ghoul, S., Wang, H., Guedhami, O., and Kwok, C.

Journal of Corporate Finance. 2016 May;


Attig, N., Boubakri, N., El Ghoul, S., and Guedhami, O.

Financial Management. 2016 April;


Attig, N., Boubakri, N., El Ghoul, S., and Guedhami, O.

Journal of Business Ethics. 2016 March; 134


El Ghoul, S., Guedhami, O., Kwok, C., and Shao, L.

Financial Management. 2016 January;


Boubakri, N., El Ghoul, S., Guedhami, O., and Samet, A.

Journal of Financial Research. 2015 October;


Boubakri, N., El Ghoul, S., and Saffar, W.

Journal of Multinational Financial Management. 2015 April; 31


Boubakri, N., El Ghoul, S., and Saffar, W.

Journal of Corporate Finance. 2014 August; 27


Attig, N., Cleary, S., El Ghoul, S., and Guedhami, O.

Journal of Business Ethics. 2014 May; 121


Cho, S-S., El Ghoul, S., Guedhami, O., and Suh, J.

Journal of Corporate Finance. 2014 February;


Boubakri, N., El Ghoul, S., and Saffar, W.

Journal of Multinational Financial Management 23,. 2013 December; 23 (4)


Attig, N., El Ghoul, S., Guedhami, O., and Suh, J.

Journal of Business Ethics. 2013 November;


Attig, N., Cleary, S., El Ghoul, S., and Guedhami, O.

Financial Management. 2013 November;


Zheng, X., El Ghoul, S., Guedhami, O., and Kwok, C.

Journal of International Business Studies. 2013 November;


Attig, N., El Ghoul, S., Guedhami, O., and Rizeanu, S. 2013.

Journal of Management & Governance. 2013 November; 17


El Ghoul, S., Guedhami, O., Ni, Y., Pittman, J., and Saadi, S.

Contemporary Accounting Research. 2013 February;


Attig, N., Cleary, S., El Ghoul, S., and Guedhami, O.

Journal of Banking and Finance. 2012 November; 36


El Ghoul, S., Guedhami, O., Ni, Y., Pittman, J., and Saadi, S.

Journal of Business Ethics. 2012 March;


Zheng, X., El Ghoul, S., Guedhami, O., and Kwok, C.

Journal of Banking and Finance. 2012 February; 36


El Ghoul, S., Guedhami, O., and Pittman, J.

Contemporary Accounting Research. 2011 October; 28


El Ghoul, S., Guedhami, O., Kwok, C., and Mishra, D.

Journal of Banking & Finance. 2011 September; 35 (9):63


Attig, N., El Ghoul, S., and Guedhami, O.

Journal of Financial Research . 2009 November; 32


An Empirical Investigation of Corporate Risk-Taking in Financial Distress

El Ghoul, S.

Finance India/Quarterly Journal of Finance. 2004 January;