Professor Jerry T Parwada
Professor

Professor Jerry T Parwada

Jerry was educated at St Ignatius College in Harare, Zimbabwe, obtained a Bachelor of Commerce (First Class Honours) degree from the National University of Science and Technology, Zimbabwe, a Master of Philosophy (Higher Education) degree from the University of New South Wales, as well as Master of Business Administration and Doctor of Philosophy degrees in Finance from Edith Cowan University. He has studied leadership at the Wharton School, University of Pennsylvania and is a Graduate of the Australian Institute of Company Directors.

Business School
Sch of Bank & Fin

Jerry Parwada is a Professor of Finance and Director of Academic Strategy at UNSW Business School, Sydney, Australia and a Visiting Scholar at the Stern School of Business, New York University. He served as Head of School - Banking and Finance at UNSW from 2011-2017. Jerry's research specializes in investment management and financial markets and is published in world leading journals in his discipline. He has experience in investment banking and consulting to industry on issues relating to funds management, security valuation and market quality. He has been instrumental in the launch of the Adviser Ratings Licensee Rating system and is the Chair of its Rating Committee. He is a member of the FINSIA Industry Council for Institutional Markets. Jerry has served on the Credit Suisse Endowment Advisory Council and the Management Committee of the Capital Markets Cooperative Research Centre (now Rozetta Institute). He is a regular speaker at local and international industry and academic forums, is a member of a central bank board, and runs a volunteer network of experts for the development of early career and aspiring financial economics researchers in African countries.

Phone
+61 2 9385 7936
Location
UNSW Business School - Ref E12 Level 3, Office 317

Publications

  • Book Chapters | 2008
    Professor Jerry T Parwada
    Parwada JT, 2008, 'Introduction to Securities Markets', in Frino A; Segara R (ed.), An Introduction to Trade Execution, Arbitrage and Dealing in Australia, edn. Original, Pearson
  • Journal articles | 2021
    Professor Jerry T Parwada
    Dai L; Parwada J; Winchester DW; Zhang B, 2021, 'The more we know, the less we agree: A test of the trading horizon heterogeneity theory', The Financial Review, http://dx.doi.org/10.1111/fire.12282
    Journal articles | 2021
    Professor Jerry T Parwada
    Parwada J; Rui Y; Shen J, 2021, 'Financial Transaction Tax and Market Quality: Evidence from France', International Review of Finance, http://dx.doi.org/10.1111/irfi.12342
    Journal articles | 2020
    Professor Jerry T Parwada
    Ding N; Parwada J; Shen J; Zhou S, 2020, 'When Does a Stock Boycott Work? Evidence from a Clinical Study of the Sudan Divestment Campaign', Journal of Business Ethics, vol. 163, pp. 507 - 527, http://dx.doi.org/10.1007/s10551-018-4021-0
    Journal articles | 2020
    Professor Jerry T Parwada
    Faleye O; Kung W; Parwada JT; Tian GY, 2020, 'Are entrepreneurs special? Evidence from board appointments', Journal of Business Venturing, vol. 35, pp. 106003 - 106003, http://dx.doi.org/10.1016/j.jbusvent.2020.106003
    Journal articles | 2020
    Professor Jerry T Parwada
    Lacey D; Goode S; Pawada J; Gibson D, 2020, 'The application of scam compliance models to investment fraud offending', Journal of Criminological Research, Policy and Practice, vol. 6, pp. 65 - 81, http://dx.doi.org/10.1108/jcrpp-12-2019-0073
    Journal articles | 2019
    Professor Jerry T Parwada
    Faff RW; Parwada JT; Tan EKM, 2019, 'Did connected hedge funds benefit from bank bailouts during the financial crisis?', Journal of Banking and Finance, vol. 107, pp. 105605 - 105605, http://dx.doi.org/10.1016/j.jbankfin.2019.08.003
    Journal articles | 2017
    Professor Jerry T Parwada
    Ning D; Parwada J; Shen J, 2017, 'Information sharing within the networks of delegated portfolio managers: Evidence from plan sponsors and their sub-advisors', Journal of Behavioral Finance, vol. 18, pp. 99 - 113, http://dx.doi.org/10.1080/15427560.2016.1238369
    Journal articles | 2017
    Professor Jerry T Parwada
    Oh NY; Parwada JT; Tan EKM, 2017, 'Should Indirect Brokerage Fees Be Capped? Lessons from Mutual Fund Marketing and Distribution Expenses', Journal of Financial and Quantitative Analysis, vol. 52, pp. 781 - 809, http://dx.doi.org/10.1017/S0022109017000060
    Journal articles | 2015
    Professor Jerry T Parwada
    Dai L; Parwada JT; Zhang B, 2015, 'The governance effect of the media's news dissemination role: Evidence from insider trading', Journal of Accounting Research, vol. 53, pp. 331 - 366, http://dx.doi.org/10.1111/1475-679X.12073
    Journal articles | 2012
    Professor Jerry T Parwada
    Faff R; Lodh T; Parwada JT, 2012, 'Location Decisions of Domestic and Foreign-Affiliated Financial Advisors: Australian Evidence', Journal of Financial Services Research, vol. 42, pp. 207 - 228, http://dx.doi.org/10.1007/s10693-011-0123-x
    Journal articles | 2012
    Professor Jerry T Parwada
    Narulita WA; Parwada JT, 2012, 'Evolution of a mutual fund market: Empirical analysis of simultaneous growth and decline by fund category in Indonesia', Journal of International Financial Markets Institutions and Money, vol. 22, pp. 1217 - 1236, http://dx.doi.org/10.1016/j.intfin.2012.05.012
    Journal articles | 2012
    Professor Jerry T Parwada
    Yang JW; Parwada JT, 2012, 'Predicting stock price movements: an ordered probit analysis on the Australian Securities Exchange', Quantitative Finance, vol. 12, pp. 791 - 804
    Journal articles | 2009
    Professor Jerry T Parwada
    Parwada JT; Yang JW, 2009, 'Information Diffusion among International Fund Managers: Multi-country Evidence', Financial Management, vol. 38, pp. 817 - 835, http://dx.doi.org/10.1111/j.1755-053X.2009.01057.x
    Journal articles | 2008
    Professor Jerry T Parwada
    Parwada JT, 2008, 'The genesis of home bias? The location and portfolio choices of investment company start-ups', Journal of Financial and Quantitative Analysis, vol. 43, pp. 245 - 266, http://dx.doi.org/10.1017/S0022109000002817
    Journal articles | 2008
    Professor Jerry T Parwada
    Oh NY; Parwada JT; Walter TS, 2008, 'Investors` trading behavior and performance: Online versus non-online equity trading in Korea', Pacific Basin Finance Journal, vol. 16, pp. 26 - 43, http://dx.doi.org/10.1016/j.pacfin.2007.04.009
    Journal articles | 2008
    Professor Jerry T Parwada
    Parwada JT, 2008, 'The genesis of home bias? The location and portfolio choices of investment company start-ups', JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, vol. 43, pp. 245 - 266, http://dx.doi.org/10.1017/S0022109000002817
    Journal articles | 2007
    Professor Jerry T Parwada
    Faff R; Parwada JT; Poh H, 2007, 'The information content of Australian managed fund ratings', Journal of Business Finance and Accounting, vol. 34, pp. 1528 - 1547, http://dx.doi.org/10.1111/j.1468-5957.2007.02053.x
    Journal articles | 2007
    Professor Jerry T Parwada
    Oh NY; Parwada JT, 2007, 'RELATIONS BETWEEN MUTUAL FUND FLOWS AND STOCK MARKET RETURNS IN KOREA', Journal of International Financial Markets Institutions and Money, vol. 17, pp. 140 - 151, http://dx.doi.org/10.1016/j.intfin.2005.10.001
    Journal articles | 2007
    Professor Jerry T Parwada
    Gallagher DR; Parwada JT; DISHI E, 2007, 'INSTITUTIONAL INVESTMENT FLOWS AND THE DETERMINANTS OF TOP FUND MANAGER TURNOVER', Accounting and Finance, vol. 47, pp. 243 - 266, http://dx.doi.org/10.1111/j.1467-629X.2006.00204.x
    Journal articles | 2006
    Professor Jerry T Parwada
    Parwada JT; Faff R, 2006, 'Fund flows, MERs and managed fund ratings: Australian Evidence', Journal of Investing, vol. 15, pp. 69 - 78, http://dx.doi.org/10.3905/joi.2006.650146
    Journal articles | 2006
    Professor Jerry T Parwada
    Allen D; Parwada JT, 2006, 'Investors` response to mutual fund company mergers', International Journal of Managerial Finance, vol. 2, pp. 121 - 135, http://dx.doi.org/10.1108/17439130610657340
    Journal articles | 2005
    Professor Jerry T Parwada
    Parwada JT; Faff R, 2005, 'Pension plan investment management mandates: An empirical analysis of manager selection', Journal of Financial Services Research, vol. 27, pp. 77 - 98, http://dx.doi.org/10.1007/s10693-005-6413-4
    Journal articles | 2004
    Professor Jerry T Parwada
    Parwada JT; Allen D, 2004, 'Effects of Bank Funds Management Activities on the Disintermediation of Bank Deposits', Journal of Business Finance and Accounting, vol. 37, pp. 1151 - 1169, http://dx.doi.org/10.1111/j.0306-686X.2004.00570.x
    Journal articles | 2003
    Professor Jerry T Parwada
    Parwada JT, 2003, 'Trends and determinants of Australian managed fund transaction costs', Accounting and Finance, vol. 43, pp. 345 - 363, http://dx.doi.org/10.1111/j.1467-629x.2003.00095.x
  • Conference Presentations | 2016
    Professor Jerry T Parwada
    Parwada J; Shen J; Siaw K, 2016, 'The Value of institutional brokerage relationships: Evidence from the collapse of Lehman Brothers', presented at Financial Management Association annual meeting, Las Vegas, U.S., 19 October 2016 - 22 October 2016
    Conference Presentations | 2016
    Professor Jerry T Parwada
    Parwada J; Shen J; Siaw K, 2016, 'The Value of institutional brokerage relationships: Evidence from the collapse of Lehman Brothers', presented at 2016 European Finance Association annual meeting, Oslo, Norway, 17 August 2016 - 20 August 2016
    Conference Presentations | 2016
    Professor Jerry T Parwada
    Parwada J; Rui Y; Shen J, 2016, 'Are hedge funds more skilled than other institutional investors? Evidence from their use of insider trading information', presented at 2016 China International Conference in Finance, Xiamen, China, 07 July 2016 - 10 July 2016
    Working Papers | 2015
    Professor Jerry T Parwada
    Oh N; Parwada JT; Tan EKM, 2015, Should Indirect Brokerage Fees Be Capped? Lessons from Mutual Fund Marketing and Distribution Expenses, FIRN Research Paper No 2633816, http://dx.doi.org10.2139/ssrn.2633816, https://ssrn.com/abstract=2633816
    Conference Papers | 2007
    Professor Jerry T Parwada
    Parwada JT; Walter TS; Winchester DW, 2007, 'Foreign investors` trading disadvantage in US stock markets: An analysis by country of origin', in Financial Services Institute 2007 - Financial Services: Imports or Exports, Financial Services Institute 2007 - Financial Services: Imports or Exports, New York, presented at Financial Services Institute 2007 - Financial Services: Imports or Exports, New York, 14 September 2007

Awards

  • 2007 Best Discussant Award, Financial Services Institute
  • 2007 – Financial Services: Imports or Exports, New York
  • 2007 UNSW Australian School of Business Non-Professorial Research Achievement Award
     

Grants

  • 2016-2020 Australian Research Council Linkage Grant ($169,000)
  • 2015-2017 Global Risk Institute in Financial Services (GRI) (CAD$352,000)
  • 2013-2015 Centre for International Financial Regulation ($160,000)
  • 2010- Australian Stock Exchange - Capital Markets Cooperative Research Centre Corporate
  • Governance Research Centre ($1,000,000)
  • 2010-2011 Go8 Germany Joint Research Co-operation Scheme ($40,000)
  • 2007 UNSW John Yu Fellowship to Europe ($6,000)
  • 2007 UNSW, Early Career Research Grant ($10,000)
  • 2006 Melbourne Centre for Financial Studies, Research Grant ($18,000)

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