Professor Kevin Keasey


BA, MA & PhD (All Econ)


Kevin has spent his academic career focusing on the four pillars of Leadership, Research and PhD Supervision, Curriculum Development and Teaching.


Since being appointed Chair in Accounting and Finance (A&F) at the University of Leeds in 1989 (he was previously Reader in A&F at the University of Warwick), Kevin has been the head of the A&F department on a number of occasions, with more than 17 years of total service.  He finished his last term of office in 2017, at that time the A&F department achieved the unique position of being ranked Number 1 in all of the UK university league tables.

Between the periods of being Head, he founded the International Banking Institute (1997), the Centre for Advanced Studies in Finance (2005) and the Leeds Enterprise Centre (2009).

Research and PhD Supervision

13,017 Citations, 56 H-Index and 139 10 Index.

Kevin is the author of 14 books, etc. and a large number of articles in leading international journals such as JAE, JFQA, JMCB, JCF, AOS, EJ, etc.  Recent selected articles include:

  • ‘CEO Turnover in Large Banks: Does Tail Risk Matter?’, Journal of Accounting and Economics, 2017, 64, 37-55, (with A. Srivastav, F. Vallascas and S. Mollah). 
  •  ‘Market Reaction to Earnings News: A Unified Test of Information Risk and Transaction Costs’, Journal of Accounting and Economics, 2013, 56, 251-266, (with Q. Zhang and C. Cai). 
  • ‘Analyst Coverage and Corporate Environmental Policies’, Journal of Financial and Quantitative Analysis, forthcoming, (with C. Jing, I. Lim and B. Xu).
  • ‘Market Development, Information Diffusion and the Global Anomaly Puzzle’, Journal of Financial and Quantitative Analysis, forthcoming, (with L. Peng, C. Cai and Q. Zhang).
  • ‘When Banks Grow Too Big for their National Economies: Tail Risks, Risk Channels and Government Guarantees’, Journal of Financial and Quantitative Analysis, 2018, 52, 5, 1-26, (with J. Hagendorff and F. Vallascas).

He has supervised over 50 PhD students, many now occupying senior positions in academia and the corporate world. 

He has led a number of externally funded research projects with a value in excess of £3m.

Curriculum Development

Kevin has a long history of curriculum development and innovation.  In the early to the mid 1980s he was involved with developing some of earliest MBAs at the Universities of Newcastle and Nottingham.  This was followed by his involvement in the highly innovative Distance Learning and Far East MBAs at Warwick University. He took the lessons learned from this experience to jointly lead the development of the Executive and Singapore MBAs at the University of Leeds.  He jointly established Leeds University Management School to host these activities – this was the foundation of LUBS as a Business School.  He also initiated in the early 1990s the first taught MA programme in the School – the MA in Economics and Finance –  and was involved in the initiation of Masters programmes in Banking and Finance, Law and Finance, and Mathematics and Finance.

In addition, he has developed a large number of bespoke executive programmes for external organisations – the largest of which was the Chancellor of the Exchequer’s Financial Sector Scheme for the former USSR (to the value of £4.5m in current terms).


Kevin has taught across the whole range of accounting, finance and banking subjects at all levels.  He has been awarded the Dean’s prize for teaching on more than one occasion and is often nominated for teaching awards.  His teaching and research benefits hugely from the wide and extensive experiences he has had in the corporate and financial sectors.


As well as establishing, leading and building academic units and programmes, Kevin has substantial and extensive experience as an entrepreneur (listed and private), a corporate director (Main and Aim listed) and a mentor to senior executives in the private and public sectors.





  • Director, International Banking Institute (IBI)
  • Director, Centre for Advanced Studies in Finance (CASIF)

Research groups and institutes

  • Centre for Advanced Studies in Finance
  • International Banking Institute

Current postgraduate researchers