Cardiff School of Management>Staff Profiles>Sandy Kyaw

Dr Sandy Kyaw

Department: Accounting, Economics and Finance

Office/Location: 2.55E, Ogmore Building, Cardiff School of Management, Llandaff Campus

Telephone: +44 (0)29 2041 6471

Staff Overview

Sandy is a Reader in Applied International Economics and Development, and the Field Group Chair for Finance, at Cardiff School of Management. She is also a Fellow of the Higher Education Academy. Prior to joining Cardiff School of Management, she was a Senior Lecturer at Oxford Brookes Business School.

Sandy completed her PhD in Economics at the University of Strathclyde where she was awarded a full scholarship (Postgraduate Research Scholarship Award; International Research Scholarship Award; and Overseas Research Scholarship Award by the Committee of Vice-Chancellors and Principals of the Universities of the United Kingdom) to support her research.

Sandy also serves as the Managing Editor of International Journal of Management, Economics and Social Sciences; and an Associate Editor of Humanities and Social Sciences Communications published by Palgrave Macmillan.

Her research has been funded by various funders, including the Leverhulme Trust, European Social Fund, Welsh European Funding Office, Cardiff Council UK Community Renewal Fund, Wales Innovation Network, Research Wales, and Hodge Foundation.

Teaching

Sandy has taught various modules in finance, economics, business, and management in undergraduate and postgraduate programmes.

She has designed, developed, and delivered (as Module Leader), various new modules for both undergraduate and postgraduate programmes including International Finance and Financial Modelling.

As Director of Studies/Supervisor, Sandy has supervised seven PhD students to successful completion. She has also acted as an Examiner (in both External Examiner and Internal Examiner capacities) various PhD viva voce examinations.

Research

Sandy’s current research interests include Financial Economics, Development Economics, International Finance and Applied Econometrics. Her research has been funded by various funders, including the Leverhulme Trust, European Social Fund, Welsh European Funding Office, Cardiff Council UK Community Renewal Fund, Wales Innovation Network, Research Wales, and Hodge Foundation.

Key Publications

An empiric on geopolitical risk and the tourism-economic growth nexus, with Luo, Y. and De Vita, G., Journal of Economic Studies (forthcoming). DOI: 10.1108/JES-08-2023-0459

'A scoping and feasibility study for a new foundational economy academy in Wales – A Research Report', with Walpole, G. L. R., Treadwell, P. J., Smith, S., Renfrew, K., Rich, N. L., McKeown, M., Manley, J. M., Liu, Z., Clifton, N., and Bacon, E. (2023)

The impact of corporate governance on financial leverage: evidence from Egypt, with Micheal, R. and Quao, K., International Journal of Business Governance and Ethics (2023). DOI: 10.1504/IJBGE.2023.10055063

'An analysis of interventions that have proved effective at developing the Circular Economy (CE) implementation capabilities of practitioners – A Research Report', with Walpole, G., Treadwell, P., Smith, S., Rich, N., Rucinska, K., Steffes, L., Clifton, N. (2022)

Managing productivity in Welsh firms – Final report, with Morgan, B, Holtham, G, Morgan, S, Huggins, R, Clifton, N, Davies, J, and Walpole, G, Hodge Foundation (2020)

Managing productivity in Welsh firms – Interim report, with Morgan, B, Holtham, G, Morgan, S, Huggins, R, Clifton, N, Davies, J, and Walpole, G, Hodge Foundation (2019)

Population and economic growth, International Journal of Management, Economics and Social Sciences, 8, Invited Contribution (2019)

Tourism specialization, absorptive capacity, and economic growth, with De Vita, G., Journal of Travel Research, 56, 423-435 (2017)

Tourism development and growth, with De Vita, G., Annals of Tourism Research, 60, 23-26 (2016)

Exchange rate movements and firm value: evidence from European firms across the financial crisis period, with Mozumder, N., De Vita, G., and Larkin, C., Journal of Economic Studies, 42, 561-577 (2015)

Volatility spillover between stock prices and exchange rates: new evidence across the recent financial crisis period, with Mozumder, N., De Vita, G., and Larkin, C., Economic Issues, 20, 43-64 (2015)

The effect of corporate governance on firm performance, with Emile, R., and Ragab, A., Asian Economic and Financial Review, 4, 1865-1877 (2014)

The role of the exchange rate in tourism demand, with De Vita, G., Annals of Tourism Research, 43, 623-627 (2013)

The impact of capital flows on developing countries: empirical exploration and research methodology, with Huq, M., and Tribe, M., European Journal of Economics, Finance and Administrative Sciences, 59, 114-125 (2013)

Does the choice of exchange rate regime affect the economic growth of developing countries?, with De Vita, G., Journal of Developing Areas, 45, 135-153 (2011)

Capital flows and growth in developing countries: a dynamic panel data analysis, with MacDonald, R., Oxford Development Studies, 37, 101-122 (2009)

Growth effects of FDI and portfolio investment to developing countries: a disaggregated analysis by income levels, with De Vita, G., Applied Economics Letters, 16, 277-283 (2009)

Determinants of foreign direct investment and portfolio flows to developing countries: a panel cointegration analysis, with De Vita, G., European Journal of Economics, Finance and Administrative Sciences, 13, 161-168 (2008)

Determinants of capital flows to developing countries: a structural VAR analysis, with De Vita, G., Journal of Economic Studies, 35, 304-322 (2008)

Other Projects and activities

Sandy’s other recent projects and activities include:

The Leverhulme Research Project Grant on debt and wealth distribution: Co-Investigator (2023-2024)
Research project on the foundational academy and community wealth building in Wales, with University of Central Lancashire and Swansea University, commissioned by Cardiff Council UK Community Renewal Fund, Wales Innovation Network (2022)
Welsh Crucible: Award-winning leadership development programme (2021)
Research project on the role of region in circular economy, organisational innovation, and knowledge, with Circular Economy Communities of Practice CCR, Swansea University, commissioned by Welsh European Funding Office and the European Social Fund (2020-2023)
Research project on distributed technology and future society, interdisciplinary research funded by Global Academies Research and Innovation Fund commissioned by Research Wales (2020-2021)
Research project on how to boost the productivity of Welsh firms, with Creative Leadership and Enterprise Centre commissioned by Hodge Foundation (2019-2020)