Research Interests

John's main area of interest is empirical banking and specific issues pertaining to bank behaviour, risk, performance and regulation in Europe, Japan and the United States. He has a particular interest in financial cooperatives where he has: published numerous articles and commentaries on credit unions (in Ireland, UK and the US), and cooperative banks (in Europe and Japan); written commissioned reports for the Scottish Government, the UK Financial Conduct Authority, the South African Reserve Bank, credit union trade associations and think tanks (including the Filene Institute); advised the Irish Government; and delivered numerous keynote addresses at international conferences. Other research interests include industrial organization and the economics of small business enterprises.

Books

The Oxford Handbook of Banking, 4th edition, Oxford University Press, 2025 (with Allen Berger & Phil Molyneux).

Banking: A Very Short Introduction (Uzbek translation). Oxford: Oxford University Press, 2025 (with John Goddard).

Banking: A Very Short Introduction (Chinese translation). Oxford: Oxford University Press, 2022 (with John Goddard).

The Oxford Handbook of Banking, 3rd edition (paperback edition), Oxford University Press, 2022 (with Allen Berger & Phil Molyneux)

Financial Literacy and Responsible Finance in the FinTech Era: Capabilities and Challenges, Routledge, 2021 (with George Panos & Chris Adcock)

The Oxford Handbook of Banking, 3rd edition, Oxford University Press, 2019 (with Allen Berger & Phil Molyneux).

The Oxford Handbook of Banking, 2nd edition (Chinese Translation), Oxford University Press, 2019 (with Allen Berger & Phil Molyneux)

The Oxford Handbook of Banking, 2nd edition (paperback edition), Oxford University Press, 2017 (with Allen Berger & Phil Molyneux)

Industrial organization: Competition, Strategy and Policy, 5th edition. Financial Times, Prentice Hall, 2017 (with John Lipczynski & John Goddard).    

Banking: A Very Short Introduction. Oxford: Oxford University Press, 2016 (with John Goddard).

Contemporary Issues in Financial Institutions and Markets, volume 3 Routledge, 2016 (with Barbara Casu & Daniela Fabbri).

Financial modelling after the 2008 financial crisis: where next? London: Palgrave, 2016 (with Emmanuel Haven, Phil Molyneux; Sergei Fedotov & Meryem Fethi).

The Oxford Handbook of Banking, 2nd Edition, Oxford University Press, 2015 (with Allen Berger & Phil Molyneux).

The Oxford Handbook of Banking, Oxford University Press, Serbian Translation, 2015 (with Allen Berger & Phil Molyneux).

Contemporary Issues in Financial Institutions and Markets, volume 2 Routledge, 2014 (with Claudia Girardone & Philip Hamill).

Contemporary Issues in Financial Institutions and Markets, Routledge, 2013 (with Barbara Casu & David McMillan).

Industrial organization: Competition, Strategy and Policy, 4th edition. Financial Times, Prentice Hall, 2013 (with John Lipczynski & John Goddard).    

Industrial Organization: Competition, Strategy and Policy, 3rd edition. Financial Times, Prentice Hall, Greek translation, 2012 (with John Lipczynski & John Goddard).   

The Oxford Handbook of Banking (paperback edition), Oxford University Press, 2012 (with Allen Berger & Phil Molyneux).

Banking: Critical Concepts in Finance (Editor), London: Routledge, 2011.

Industrial organization: Competition, Strategy and Policy, 3rd edition. Financial Times, Prentice Hall, Italian translation 2010 (with John Lipczynski & John Goddard).    

The Oxford Handbook of Banking, Oxford University Press, 2010 (with Allen Berger & Phil Molyneux).

Industrial organization: Competition, Strategy and Policy, 3rd edition. Financial Times, Prentice Hall, 2009 (with John Lipczynski & John Goddard).    

European Banking: Technology, Efficiency and Growth. Chinese Edition. John Wiley & Sons, 2006 (with Phil Molyneux & John Goddard).  

Industrial organization: Competition, Strategy and Policy, 2nd Edition. Financial Times, Prentice Hall, 2005 (with John Lipczynski & John Goddard).  

Economics of Business Strategy. Financial Times, Prentice Hall, 2004 (with John Lipczynski).

European banking: Technology, Efficiency and Growth. John Wiley & Sons, 2001 (with Phil Molyneux & John Goddard).  

Industrial Organisation: An Analysis of Competitive Markets. Financial Times, Prentice Hall, 2001 (with John Lipczynski).    

Reports for Government and Government Agencies

'Bank Business Model Identification, Evolution and Outcomes: Evidence for South Africa', South Africa Reserve Bank (SARB) Working Paper Series, 2024, WP/24/06 (with Anna Sobiech, Linh Nguyen & Lechandari Kgari)

‘Future Issues in Unsecured Lending’ ­UK Financial Conduct Authority, 2017 (with Jose Linares Zegarra).

‘Future Issues in Bank Taxation’ UK Financial Conduct Authority, 2017 (with Anna Sobiech & Dimitris Chronopoulos).

Landscape Review of Credit Unions in Northern Ireland. Belfast: Department for the Communities, 2017 (with Declan French, Donal McKillop & Barry Quinn).

Credit Unions in Scotland. Edinburgh: Scottish Government, 2008 (with Donal McKillop). 

Interim Report of the Commission on Credit Unions. Dublin: Ministry of Finance, October 2011 (with Donal McKillop, Kieron Brennan, Fiona Cullen, Billy Doyle, Eileen Fitzgerald, Eamonn Kearns, Aidan Carrigan, Tom McCarthy, Tim Molan, Robert Moynihan, James O’Brien, Daniel J. O’Gorman & Joe O Toole).

Overview of Alternative Structural Models and the Future Credit Union Structure in Ireland, December 2011.

Final Report of the Commission on Credit Unions. Dublin: Ministry of Finance, April 2012 (with Donal McKillop, Kieron Brennan, Fiona Cullen, Billy Doyle, Eileen Fitzgerald, Aidan Carrigan, Tom McCarthy, Tim Molan, Robert Moynihan, James O’Brien, Daniel J. O’Gorman & Joe O Toole).

 Reports to Professional Bodies

The Good, the Bad and the Ugly: A Discussion of the Impact of Regulatory Reform on the UK Credit Union Sector. Edinburgh: Institute of Chartered Accountants Scotland, 2010 (with Donal McKillop & Anne Marie Ward).

Credit Union Governance in Canada and the United States. Madison: Filene Institute, 2012 (with Peter Goth & Donal McKillop).

Factoring and commercial finance in the United Kingdom. Brussels European Federation of Factoring and Commercial Finance, 2014 (with Jose-Linares-Zegarra)

Irish Credit Unions: A Viability Analysis. Dublin: Credit Union Development Association & Irish League of Credit Unions, 2024 (with Donal McKillop, Anna Sobiech & Dimitris Chronopoulos).

Book chapters

Cooperative Banking Organizations, in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds.) Oxford Handbook of Banking, 4th edition, forthcoming. Oxford: Oxford University Press (with Donal McKillop & Anna Sobiech).

Traditional, New, and Longer-Term Views of Banking In the 21st Century, in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds.) Oxford Handbook of Banking, 4th edition, forthcoming. Oxford: Oxford University Press (with Allen Berger & Phil Molyneux). 

Banking in the First Quarter of the 21st Century in Historical Perspective,  in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds.) Oxford Handbook of Banking, 4th edition, forthcoming. Oxford: Oxford University Press (with Allen Berger & Phil Molyneux).

Banking: Ten year since the crisis, in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds.) Oxford Handbook of Banking 3rd edition, 2019. Oxford: Oxford University Press (with Phil Molyneux & Allen Berger).

Banking In Europe:  Integration, Reform and the Road to a Banking Union, in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds.) Oxford Handbook of Banking, 3rd edition, 2019. Oxford: Oxford University Press (with Phil Molyneux & John Goddard).

Ownership in European banking, in Beck, T. and Casu, B. (eds.) Handbook of European Banking. Basingstoke: Palgrave, 2017 (with Donal McKillop & John Goddard).

Banking in a Post-Crisis World, in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds.) Oxford Handbook of Banking 2nd edition, 2015. Oxford: Oxford University Press (with Phil Molyneux & Allen Berger).

Banking in the European Union: Crisis, Deregulation and Renewal, in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds.) Oxford Handbook of Banking, 2nd edition, 2015. Oxford: Oxford University Press (with Phil Molyneux and John Goddard).

Competition in Banking: Measurement and Interpretation, in Bell, A.R. Brooks, C. Prokopczuk, M. (eds.) Handbook of Research Methods and Applications in Empirical Finance, 2013. Edward Elgar Publishing (with Hong Liu & Phil Molyneux).

Social, environmental, ethical and trust issues in banking in Barth, J. Clas Wilhborg, Chen Lin (eds.) International Handbook of Corporate Governance in Banking, 2012 (with Andreas Hoepner).

The Bosman Ruling and Labour Mobility in Football, in Shmanske, S.  & Kahane, L., (eds.) Oxford Handbook of Sport, 2012. Oxford: Oxford University Press (with John Goddard & Peter Sloane). 

Banking: An Overview, in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds), Oxford Handbook of Banking, 2010. Oxford: Oxford University Press (with Phil Molyneux & Allen Berger).

Banking in the European Union, in Berger, A., Molyneux, P. & Wilson, J.O.S. (eds), Oxford Handbook of Banking, 2010. Oxford: Oxford University Press (with Phil Molyneux & John Goddard).

‘Health care tax relief and the demand for private health care for the over 60s’, (With Manouche Tavakoli) in Tavakoli, Manouche, Davies, Huw & Malek, Mo (eds.), Health Policy and Economics. 2001 Ashgate Publishing Limited.

Instructor Manuals 

Instructor manual to accompany Industrial organization: Competition, Strategy, Policy, 5th Edition. Financial Times, Prentice Hall, 2017 (with John Lipczynski & John Goddard).    

Instructor manual to accompany Industrial organization: Competition, Strategy, Policy, 4th Edition. Financial Times, Prentice Hall, 2013 (with John Lipczynski & John Goddard).    

Instructor manual to accompany Industrial organization: Competition, Strategy, Policy, 3rd Edition. Financial Times, Prentice Hall, 2009 (with John Lipczynski & John Goddard).    

Instructor manual to accompany Industrial organization: Competition, Strategy, Policy, 2nd Edition, Financial Times, Prentice Hall, 2005 (with John Lipczynski & John Goddard).    

Instructor manual to accompany Economics of Business Strategy. Financial Times, Prentice Hall, 2004 (with John Lipczynski).

Instructor manual to accompany Industrial Organization: An analysis of competitive markets. Financial Times, Prentice Hall, 2001 (with John Lipczynski).    

Corporate Finance 1: A Study Guide. London: Institute of Financial Studies, 2008 (with David McMillan).

Corporate Finance 2: A Study Guide. London: Institute of Financial Studies, 2009 (with David McMillan).

Other Publications

Technology Adoption and Productivity: Evidence from UK SMEs , ERC Research Paper Number 119, October 2025 (with Jose Linares Zegarra).

'Professor Philip Molyneux: A Tribute.' Bancaria- Journal of the Italian Bankers Association, No.10, October 2024, (with Barbara Casu, Santiago Carbo, Claudia Girardone, Jonathan Williams).

'The impact of Brexit on the internationalisation, innovation and turnover of UK SMEs: Implications for the UK’s industrial strategy and the 'levelling up' agenda' ERC Policy Briefing, July 2023 (with Jose Linares Zegarra).

'The impact of Brexit on the internationalisation, innovation and turnover of UK SMEs: Implications for the UK’s industrial strategy and the 'levelling up' agenda' ERC Research Paper, 105, July 2023 (with Jose Linares Zegarra).

'Gender, Ethnicity, and Access to Finance: Evidence for UK Social Enterprises', ERC Policy Briefing, October 2022 (with Jose Linares Zegarra).

'Gender, Ethnicity, and Access to Finance: Evidence for UK Social Enterprises', ERC Research Paper Number 102, October 2022 (with Jose Linares Zegarra).

'SMEs as Social Enterprises: Regional Disparities, Access to Finance, Strategic Intentions, and the COVID-19 Pandemic’ ERC Policy Briefing, May 2022 (with Jose Linares Zegarra).

SMEs as Social Enterprises: Regional Disparities, Access to Finance, Strategic Intentions, and the COVID-19 Pandemic’  ERC Research Paper Number 97, May 2022 (with Jose Linares Zegarra).

'The Economic Impact of Ancient Colonisation' VoxEU at:  https://voxeu.org/article/economic-impact-ancient-colonisation 9th January 2021 (with Dimitris Chronopoulos, Sotiris Kampanelis & Daniel Oto Peralias).

'Is the banking sector safer than during the global financial crisis?' Economics Observatory, June 2020 at: https://www.coronavirusandtheeconomy.com/topics/banks-financial-markets (with Phil Molyneux).

'Real Time Consumer Spending Responses to the COVID-19 Crisis and Government Lockdown’ VoxEU at: https://voxeu.org/article/real-time-consumer-spending-responses-lockdown 6th May 2020 (with Dimitris Chronopoulos & Marcel Lukas).

'Consumer Spending Responses to the COVID-19 Pandemic: An Assessment of Great Britain' ERC Research Paper Number 87, April 2020 (with Dimitris Chronopoulos & Marcel Lukas).

'What we learned from the financial crisis of 2008' OUP Blog, November 2019 at: https://blog.oup.com/2019/11/what-learned-financial-crisis-2008/ (with Allen Berger & Phil Molyneux) 

‘Over a million UK businesses see Brexit as major obstacle to success’ The Conversation, March 2019 (with Ross Brown).

‘Discouraged Borrowers: Measurement, Determinants and Impact’ ERC State of the Art Review, September 2018 (with Ross Brown & Jose Linares Zegarra).

‘An Empirical Examination of Discouraged Borrowers in the UK’ ERC Policy Briefing, May 2018 (with Ross Brown & Jose Linares Zegarra).

‘An Empirical Examination of Discouraged Borrowers in the UK’ ERC Research Paper Number 69, May 2018 (with Ross Brown & Jose Linares Zegarra).

‘Brexit’s impact on small businesses: did the experts get it right?’ The Conversation, January 2018 (with Ross Brown).

‘Future Issues in Unsecured Lending’ ­UK Financial Conduct Authority, 2017 (with Jose Linares Zegarra).

‘Future Issues in Bank Taxation’ UK Financial Conduct Authority, 2017 (with Anna Sobiech & Dimitris Chronopoulos).

'How much capital' OUP Blog, January 2017, (with John Goddard).

Book Review: Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises edited by Martin Guzman, Jose Antonio Ocampo, & Joseph E. Stiglitz, Journal of Economic Literature, 2016, 54, 

‘Credit unions: A Global Perspective,’ International Accountant, June 2011, 27-29 (with Anne Marie Ward & Donal McKillop).

‘Do Bank Profits Converge?’ Istituto Luigi Einaudi per gli Studi Bancari Finanziari e Assicurativi (IstEin), Working Paper 2010, Number 1 (with Hong Liu, John Goddard & Phil Molyneux). Research Project: European Banking Competition. Available at: www.istein.eu/. 

‘The Persistence of Bank Profit’, Istituto Luigi Einaudi per gli Studi Bancari Finanziari e Assicurativi (IstEin), Working Paper 2010, Number 2 (with Hong Liu, John Goddard & Phil Molyneux). Research Project: Research Project: European Banking Competition. Available at: www.istein.eu/. 

‘Competition and Stability in European Banking: A Regional Analysis’, Istituto Luigi Einaudi per gli Studi Bancari Finanziari e Assicurativi (IstEin), Working Paper 2010, Number 9 (with Hong Liu & Phil Molyneux). Research Project: European Banking Competition. Available at: www.istein.eu/. 

‘Measuring Competition and Stability: Recent Evidence for European Banking,’ Istituto Luigi Einaudi per gli Studi Bancari Finanziari e Assicurativi (IstEin), Working Paper 2010, Number 10 (with Hong Liu & Phil Molyneux). Research Project: European Banking Competition. Available at: www.istein.eu/.

‘The Good, The Bad and The Ugly’, Chartered Accountant, October 2010 (with Donal McKillop & Anne Marie Ward).

‘Four million people cannot be left behind: the Financially excluded in the United Kingdom,’ Society Today, June 2007.

‘Competitive Advantage,’ in Bailey, J. and Clegg, S. (eds) International Encyclopedia of Organization Studies. London: Sage, 2007.

‘Is bank growth random? Testing the Law of Proportionate Effect in European Banking’, Research Papers in Banking & Finance, 1997, 97/15. Institute of European Finance (with John Goddard & Phil Molyneux). 

Responses to Government Consultations

Response to the HM Treasury Consultation on Financing Growth in Innovative Firms, September 2017 (with Ross Brown).

 Response to UK Parliament Call for Evidence on Impacts of COVID-19 on Scotland, June 2020. Written evidence published by the Scottish Affairs Committee 8th September 2020 (with Dimitris Chronopoulos and Marcel Lukas).

Evidence Submission (entitled Financial and Strategic Challenges Faced by Women-Led SMEs in the UK) to UK parliament Women and Equalities Committee: Call for Evidence on Female Entrepreneurship (with Jose Linares Zegarra).