The Credit Management Research Centre (CMRC) was established at Leeds University Business School in 1998, with funding from the Institute of Credit Management, commercial sponsors from the credit industry, and research grants.
Recognising the important role of knowledge transfer activities, the research programme combines academic rigour with practitioner and policy relevance. We consider industry and policy partnerships and engagement as a critical factor in our commitment to dynamic and relevant research, innovative teaching, and exceptional PhD and Research Degrees.
CMRC's strategy is to develop a distinctive international profile through links with the industrial and commercial sector and governments, coupled with a strong academic publication record. Our work on risk scoring methodologies and practice for evaluating corporates, SME’s and consumers is internationally recognised.
Our objective is to involve leading academic scholars to come together in a series of research collaborations as well as specialised symposia and larger conferences to explore the many complex dimensions of:
- Credit granting
- Management and the functioning of credit markets
- Corporate performance
- Policy intervention
Our academic and policy related research focuses on:
- Corporate performance and the financing of SME’s
- The provision and impact of growth finance
- Private equity on the corporate sector
The CMRC has the support of a highly qualified and skilled research team and provides a first-rate research environment and resource for academics, doctoral students and practitioners.
We continue to assemble large and important sets of databases to support our research. CMRC has been involved in recent initiatives around the integration of ‘big data’ into our databases and modelling. The research faculty at CMRC is uniquely qualified to lead these efforts, and we invite practitioners as well as academic scholars to join us in our endeavour.
The work of CMRC is reported regularly in the national and international press and in government reports.
- The Centre has had 10 years of continuous commercial sponsorship amounting to over £0.8m and has received grants from the Department of Business, Enterprise and Regulatory Reform (BERR) – now the Department for Business, Innovation and Skills - and the Economic and Social Research Council (ESRC) Knowledge Transfer Partnership scheme.
- CMRC was the winner of the ESRC award for “the best application of management or social science” in the 2007 National Knowledge Transfer Partnership Awards.
- Centre director, Professor Nick Wilson, was awarded a University of Leeds ‘Certificate of Outstanding Achievement’ for ‘Academic Excellence in Enterprise and Knowledge Transfer’ in 2006.
- CMRC set up the spin-out company, CreditScorer Ltd (CreditScorer.com), which provides risk and portfolio management solutions for lenders to the UK corporate sector. It was owned and controlled by the University of Leeds from inception in 2001 until it was acquired by Bisnode AB in 2007.
- CMRC has contributed research and analysis to inform policy decisions and implementation. Including work for HM Treasury, HMRC and the National Audit Office.
Credit management is established on the curriculum within the University of Leeds degree programmes, particularly in the area of risk modelling and credit scoring. These include our BSc Accounting and Finance and MSc Accounting and Finance programmes.
Doctoral research has been an integral part of the work carried out by the Centre and has achieved a number of PhD’s in areas ranging from risk modelling, trade credit and working capital management to private equity and venture capital investment. CMRC invites applicants for PhD’s in credit related research. Further information on our PhD and Research Degrees can be found here.
Professor Nick Wilson is Director of the Credit Management Research Centre. His areas of research, list of publications and contact details can be found here.
Featured regularly in the press and government reports.
- 2013 - 2016
- “Prime targets for private equity” – The Yorkshire Post, 9 November 2016
- “Northern firms ripe for private equity investment, says report” – Manchester Evening News, 7 November 2016
- “Private equity pans for gold outside the south-east” – FT.com, 6 November 2016
- “Leeds research feeds into Government policy” – Leeds University Business School, 13 July 2015
- “Mediation and technology focus on scourge of late payments” – FT.com, 8 June 2015
- “RBS offers businesses way to save by paying suppliers early” – FT.com, 12 October 2014
- “British businesses owe each other £75bn” – The Telegraph, 2 June 2014
- “Suppliers lend £327bn to businesses in form of late payments” – FT.com, 1 June 2014
- “Why family firms should be encouraged” – Centre for Policy Studies, 11 February 2014
- 2012 and earlier
- “Board diversity and female directors” – Reported in USA Today, 5 December 2012
- “Now is peak for firms going bust, says report” – Yorkshire Evening Post, 30 April 2012
- “How money-savvy women can save the economy” – Forbes blog, 25 July 2011
- “Plea to tighten laws on rogue traders” – Yorkshire Post, 28 June 2011
- “Appeal for level playing field to increase bank competitiveness” - Yorkshire Post, 19 November 2010
- “PE and Insolvency” – FT.com (Lex), 3 May 2010
- “Private Equity and Insolvency” – FT.com, 8 April 2010
- “Private equity cuts the toll of failure in buyouts” – Yorkshire Post, 8 April 2010
- “Women in Emerging Economies” - Sunday Times, 14 March 2010
- “Moody, indecisive and always trying to behave like a man, why ladies make truly lousy bosses” – Daily Mail, 7 December 2009
- “FT top 50 women in world business”, FT.com, 25 September 2009
- “Pay survey: Top-paid woman receives only a tenth of highest earning man” – The Guardian, 14 September 2009
- “Late-payment law backfires on small business” Financial Times, September 3, 2009
- “The Science of Business: Britain's under-siege economy shaping up for a double hit” - Yorkshire Post, 18 August 2009
- “Private Equity faces a more hostile world” – The Economist, 9 July 2009
- “Energy Traders on the Firing Line”, The New York Times, 9 July 2009
- “Private equity deals are ‘not riskier’” – FT.com, 5 July 2009
- “Debt chasers accused of bullying calls and threats” – The Observer, 4 July 2009
- “Business failures surged 78pc in January, says Experian” - Daily Telegraph, 5 February 2009
- “Women in the Boardroom and insolvency risk” - The Times, 19 March 2009
- “The Science of Business: Rise in debt cases is a distress signal” – The Yorkshire Post, 27 January 2009
- “2,000 jobs could go at UBS” – The Guardian, 19 January 2009
- “Rise in Legal Action on Unpaid Bills” - FT.com, 2 December 2008
- “Pay delays for suppliers rise” – FT.com, 22 November 2008
- If recession doesn’t get you, bombed-out banks and overdue invoices will” - The Observer, 26 October 2008
- “Accounts not receivable” - The Economist, 4 September 2008
- “Small companies face cash squeeze” - FT.com, 28 March 2008
- “Forecast of rise in company insolvency cases” - FT.com, 2 January 2008
- “Merchants of Misery: Debt collection is one of the UK’s fastest-growing industries”- Independent on Sunday, 17 February 2008
- “Insolvencies ‘to rise 20pc’ as number of court cases over unpaid bills soars” - Daily Telegraph, 16 June 2008
- CMRC press coverage relating to “the late payment”