Thesis

Ab Aziz, Norazlin (2021) Institutionalisation of Islamic finance industry in Malaysia: social theories’ lenses. PhD thesis, University of Glasgow.

Abu Bakar, Azizah (2017) Facebook Sentiment Index and international stock markets. PhD thesis, University of Glasgow.

Adamu, Muhammed Shamsuddeen (2021) Impact of regulation after the financial crisis. PhD thesis, University of Glasgow.

Ahmad-Khan, Anfaal (2022) Geography, accountability and capital: an ethnography of ecological accountabilities in Gilgit-Baltistan. PhD thesis, University of Glasgow.

Akubelem, Nana Oiza (2016) An investigation of the factors which explain variation of the content of sell-side analysts' reports. PhD thesis, University of Glasgow.

Al Yahyaei, Qais Issa (2011) The relevancy of the US dollar peg to the economies of the Gulf Cooperation Council countries (GCC). PhD thesis, University of Glasgow.

Al-Mwalla, Mona Mamdouh (1992) The use of financial ratios to predict acquisition targets: a study of UK mergers 1980-1986. PhD thesis, University of Glasgow.

Albassam, Waleed (2014) Corporate governance, voluntary disclosure and financial performance: ban empirical analysis of Saudi listed firms using a mixed-methods research design. PhD thesis, University of Glasgow.

Algafari, Ahmad Suliman (2022) The influence of institutional investors’ social capital on corporate decisions, policies and outcomes. PhD thesis, University of Glasgow.

Alkiyumi, Aiman Hamed Said (2018) Information asymmetry, credit risk, and profitability in Islamic and conventional banks. PhD thesis, University of Glasgow.

Almaghrabi, Khadija Samir A. (2020) Essays on the debt market consequences of corporate disclosure. PhD thesis, University of Glasgow.

Almania, Omar (2019) Risk disclosure, corporate governance, and cost of capital of Saudi listed firms. PhD thesis, University of Glasgow.

Aloumi, Dalal (2021) The rationality of IPO and delisting decision making: evidence from Kuwait. PhD thesis, University of Glasgow.

Anderson, Graeme David Waddell (1992) Inflation, taxation, risk and capital markets: portfolio asset allocation between housing and manufacturing capital in the U.K. PhD thesis, University of Glasgow.

Arundale, Keith (2018) Exploring the difference in performance between UK/European venture capital funds and US venture capital funds. PhD thesis, University of Glasgow.

Ashford, John Kenneth (1984) Accounting information and non-profit religious organisations. PhD thesis, University of Glasgow.

Azqueta Gavaldon, Andres (2020) Text-mining in macroeconomics: the wealth of words. PhD thesis, University of Glasgow.

Azuma, Zaneta A. (2021) An evaluation of users and preparers perceptions on the management of risk disclosures: a service quality perspective. PhD thesis, University of Glasgow.

Baird, James W.F. (2023) How audit partners make decisions: How rules and regulation are changing practice and practitioners. PhD thesis, University of Glasgow.

Boonaiem, Saowalak (2022) An empirical analysis of tax policy and inward foreign direct investment in Thailand. PhD thesis, University of Glasgow.

Bose, Udichibarna (2016) Essays on international financial markets, firms’ capital structure and exporting decisions. PhD thesis, University of Glasgow.

Botelho, Tiago dos Santos (2017) Angel diversity: studying the decision making criteria. PhD thesis, University of Glasgow.

Cairns, George Lindsay (2013) A Bayesian approach to modelling mortality, with applications to insurance. PhD thesis, University of Glasgow.

Cao, Shuo (2016) Essays on the term structure of interest rates. PhD thesis, University of Glasgow.

Chatterjee, Somnath (2004) An empirical analysis of interest rate spreads and term structures in euro and sterling markets. PhD thesis, University of Glasgow.

Chen, Meiyi (2024) The Business and Human Rights Resource Centre and the politics of accountability for human rights and business. PhD thesis, University of Glasgow.

Chen, Wenwei (2024) An empirical study of Chinese large listed family firms: financial performance and R&D investment strategy. PhD thesis, University of Glasgow.

Chen, Jilong (2016) Pricing derivatives with stochastic volatility. PhD thesis, University of Glasgow.

Chen, Lei (2012) A mixed methods study investigating intangibles in the banking sector. PhD thesis, University of Glasgow.

Chen, Zhizhen (2018) Loan securitization, bank risk, and efficiency. PhD thesis, University of Glasgow.

Chiu, John (2009) An examination, planning and control & the management process, to better performance and profitability or: The management process to improve performance for better profitability. PhD thesis, University of Glasgow.

Christoforidou, Amalia (2015) Regime-switching option pricing models. PhD thesis, University of Glasgow.

Chrystie, Kenneth George (1973) The nature and importance of the bank's security under the commercial letter of credit, and the central concepts of pledge lien and hypothec. PhD thesis, University of Glasgow.

Chuang, Kai-Shi (2010) The impact of investor protection and bank regulation on the shareholder wealth: evidence from merger and acquisition announcements in the banking industry. PhD thesis, University of Glasgow.

Clear, David (2017) Managing sudden phase transitions in complex adaptive systems: lessons from the financial crisis. MPhil(R) thesis, University of Glasgow.

Comincini, Laura (2022) Essays on governments, central banks, and credibility. PhD thesis, University of Glasgow.

Cui, Sichang (2024) The regulation of Green ICO in the UK and China. PhD thesis, University of Glasgow.

Da Silva Fernandes, Filipa Alexandra (2016) Essays on firm behaviour in the euro area. PhD thesis, University of Glasgow.

Duan, Dongni (2023) Essays in household finance in China. PhD thesis, University of Glasgow.

Ekpu, Victor Uche (2015) The microstructure of bank lending to SMEs: evidence from a survey of loan officers in Nigerian banks. PhD thesis, University of Glasgow.

El Kafrawy, Abdel Hamid H. (2012) Housing policy and finance in Egypt: extending the reach of mortgage credit. PhD thesis, University of Glasgow.

El Sayad, Samar Magdy Mohamed Mohamed (2016) Management accounting and supply chains: actions, concerns, and networks. PhD thesis, University of Glasgow.

Elghuweel, Mohamed Isa (2015) Empirical essays on corporate governance and corporate decisions in emerging economies: the case of Oman. PhD thesis, University of Glasgow.

Fatima, Kaneez (2013) Globalization, inflation and monetary policy. PhD thesis, University of Glasgow.

Gemech, Firdawek Lemma (1990) Demand for money and the conduct of monetary policy in developing countries. PhD thesis, University of Glasgow.

Gifuni, Luigi (2023) NLP for analysis and forecasting of crude oil prices. PhD thesis, University of Glasgow.

Gilal, Muhammad Akram (2011) Exchange market pressure and monetary policy: A case study of Pakistan. PhD thesis, University of Glasgow.

Guo, Haifeng (2019) Monetary policy, investor sentiment and stock returns. PhD thesis, University of Glasgow.

Guo, Yongsheng (2006) The perception of value creation by relationship managers in corporate banking: insights into relationship banking. PhD thesis, University of Glasgow.

Guo, Yu (2023) Three essays in macroeconomic forecasting using dimensionality reduction methods. PhD thesis, University of Glasgow.

Ha, Youngmin (2017) Machine learning in quantitative finance. PhD thesis, University of Glasgow.

Hao, Zhiwei (2021) Three essays in corporate finance: the determinants of mergers and acquisitions. PhD thesis, University of Glasgow.

Haq, Sahibzada Ghiasul (1991) Foreign capital inflow and debt problem of Pakistan. PhD thesis, University of Glasgow.

Hassanniakalager, Arman (2018) Four essays in quantitative analysis: artificial intelligence and statistical inference. PhD thesis, University of Glasgow.

Herbert, Wilson Eziefule (1992) New forms of international investment: a study of alternative strategies to foreign investment. PhD thesis, University of Glasgow.

Hj Besar, Mohd Hairul Azrin (2017) Exploring the governance of Takaful (Islamic insurance) in Brunei. PhD thesis, University of Glasgow.

Honecker, Felix (2024) Innovating for and legitimating fintech: an ethnographic study of European blockchain communities. PhD thesis, University of Glasgow.

Hu, Jinhong (2024) Three essays in corporate finance. PhD thesis, University of Glasgow.

Hu, Feiyuan (2022) Political cycle, investor sentiment and stock returns. MPhil(R) thesis, University of Glasgow.

Huang, Huichou (2015) Essays in international finance. PhD thesis, University of Glasgow.

Huang, Yuping (2015) Liquidity in equity markets. PhD thesis, University of Glasgow.

Hutagaol, Yanthi (2005) IPO valuation and performance: evidence from the UK main market. PhD thesis, University of Glasgow.

Islam, Qamarullah Bin Tariq (2016) Financial liberalisation, bank excess liquidity and lending: A bank-level study for the economy of Bangladesh. PhD thesis, University of Glasgow.

Jabr, Muhammad Hisham Mustafa (1989) The marketing of the Islamic banks' services in Jordan. PhD thesis, University of Glasgow.

Jia, Zhehao (2021) Three essays in corporate finance: the role of financial systemic risk, firm-level media coverage, and asset-backed securitisation. PhD thesis, University of Glasgow.

Jiang, Zhonghao (2024) Corporate finance in the digital age. PhD thesis, University of Glasgow.

Jiang, Shifu (2018) Four essays in international macroeconomics. PhD thesis, University of Glasgow.

Jiang, Yuxiang (2018) Bank competition, earnings management and profit persistence. PhD thesis, University of Glasgow.

Joo, Tan How (1990) Tests of options market efficiency : a study of the European Options Exchange. PhD thesis, University of Glasgow.

Joy, Mark (2011) Three essays on exchange-rate misalignment. PhD thesis, University of Glasgow.

Joyce, Yvonne (2021) Corporate insolvency: policy, practice and professional organisation. PhD thesis, University of Glasgow.

Kaleem, Muhammad (2013) Asset pricing in the foreign exchange market. PhD thesis, University of Glasgow.

Kamati, Reinhold (2014) Monetary policy transmission mechanism and interest rate spreads. PhD thesis, University of Glasgow.

Karkkainen, Tatja (2021) Essays on financial technologies. PhD thesis, University of Glasgow.

Kashif, Muhammad (2013) The pricing of coskewness and cokurtosis risks on the UK stock market. PhD thesis, University of Glasgow.

Kauser, Rukhsana (1994) Factor price distortions, underutilisation of capacity and employment in the large-scale manufacturing sector of Pakistan. PhD thesis, University of Glasgow.

Keane, Simon M. (1975) Investment selection criteria : an examination of the theory of the internal rate of return and of the investment discount rate under conditions of uncertainty. PhD thesis, University of Glasgow.

Khan, Imtiaz Ahmed (2014) Adaptation and convergence in corporate governance to international norms in Pakistan. PhD thesis, University of Glasgow.

Khan, Muhammad Yar (2016) Corporate governance and cost of capital: evidence from Pakistani listed firms. PhD thesis, University of Glasgow.

Kim, Hyunsok (2011) Open issues in financial economics. PhD thesis, University of Glasgow.

Klongkratoke, Pittaya (2016) Econometric models in foreign exchange market. PhD thesis, University of Glasgow.

Kokkinos, Sotirios (2022) Supplier-major customer relationship: the effect of common auditor on the cost of equity capital and cost of bank debt. PhD thesis, University of Glasgow.

Kortava, Ekaterina (2013) Structural instability in the pricing-to-market and exchange rate pass-through. PhD thesis, University of Glasgow.

Kozubovska, Mariolia E. (2016) Securitization, asset-backed commercial paper, information opacity, systemic risk and banks’ incentives to become large. PhD thesis, University of Glasgow.

Kreander, Niklas (2002) The performance and rationale of European ethical funds : an ethical perspective. PhD thesis, University of Glasgow.

Lavery, Paul (2020) Essays on private equity buyouts. PhD thesis, University of Glasgow.

Lee, Chung Hee (2011) The UK's negotiation of its EU budget rebate. PhD thesis, University of Glasgow.

Lefèvre, Catherine (2020) Politicizing finance: the role of the UK government and UK banks in the development of the Eastern European sovereign debt crisis, 1970–1982: the case study of Romania and Hungary. PhD thesis, University of Glasgow.

Li, Yixuan (2024) Essays in financial technology: banking efficiency and application of machine learning models in Supply Chain Finance and credit risk assessment. PhD thesis, University of Glasgow.

Li, Hui (2016) The wealth effects of commercial bank securities issuances announcement. PhD thesis, University of Glasgow.

Li, Yating (2017) Currency crash risk in the carry trade. PhD thesis, University of Glasgow.

Liu, Jinpeng (2021) Essays on behavioural approach to China stock market. PhD thesis, University of Glasgow.

Liu, Zerun (2019) Essays in corporate finance: empirical applications in China. PhD thesis, University of Glasgow.

Lotfi Heravi, M. Mahdi (2015) Real exchange rate in commodity exporting countries. PhD thesis, University of Glasgow.

Ly, Kim Cuong (2017) Banking activities, insolvency risk, and mergers and acquisitions: the case of different bank structures in USA. PhD thesis, University of Glasgow.

Ma, Tren (2023) Distinguishing skills from luck in trading and investment. PhD thesis, University of Glasgow.

Ma, Xinxin (2020) Essay on liquidity and intrinsic value on Chinese stock market. PhD thesis, University of Glasgow.

Maciver, Gillian (2020) Predicting regulatory drug approvals for the U.S. pharmaceutical industry. PhD thesis, University of Glasgow.

Mao, Xuxin (2015) Essays on intervention, speculation and sentiment in the foreign exchange market. PhD thesis, University of Glasgow.

Mao, Yixiao (2018) On aspects of inflation in the context of commodity and futures market. PhD thesis, University of Glasgow.

Marron, Donncha (2006) 'Mastering the possibilities' : a sociology of credit, consumption, risk and identity in the United States. PhD thesis, University of Glasgow.

Mei, Shengfeng (2024) The determinants and the real effect of credit line: evidence from Europe. PhD thesis, University of Glasgow.

Millard, Robert Frank (2024) Assessing success in large law firm mergers: a neo-configurational approach. PhD thesis, University of Glasgow.

Modena, Matteo (2010) Empirical essays in macroeconomics and finance. PhD thesis, University of Glasgow.

Moeed, Afshan (2021) Exploring the recruitment practices in the bank Bourdieusian lens. PhD thesis, University of Glasgow.

Movaghari, Hadi (2024) Three applications of machine learning methods in corporate finance. PhD thesis, University of Glasgow.

Muhandes, Rawaa Fouad (2022) Essays on credit rationing for SMEs and the role of credit guarantee schemes – the case of Saudi Arabia. PhD thesis, University of Glasgow.

Mukhlisin, Murniati (2014) Exploring reflexivity and resistance of Indonesian Islamic financial institutions towards IASB and AAOIFI financial reporting standardization projects. PhD thesis, University of Glasgow.

Muragu, Kinandu (1990) Stock market efficiency in developing countries: a case study of the Nairobi stock exchange. PhD thesis, University of Glasgow.

Naeem, Shammyla (2012) Financial structure of UK firms: The influence of credit ratings. PhD thesis, University of Glasgow.

Neslihanoglu, Serdar (2014) Validating and extending the two-moment capital asset pricing model for financial time series. PhD thesis, University of Glasgow.

Ng, Artie Wai-cheong (2006) Performance-driven resource allocation for technology-exploiting ventures: Exploration of optimal capital commitment strategy for sustainable growth. PhD thesis, University of Glasgow.

Ngwafor Ndeh, Edwin (2015) Establishing continental sovereignty in Africa: risk and opportunity in financial integration - lessons for Africa from a legal perspective. PhD thesis, University of Glasgow.

Nogare, Chiara Dalle (2003) Essays in fiscal policy: political determinants and effects on private consumption. PhD thesis, University of Glasgow.

Noor, Amna (2017) Social connections in merger and acquisition framework. PhD thesis, University of Glasgow.

Ntim, Collins Gyakari (2009) Internal corporate governance structures and firm financial performance: evidence from South African listed firms. PhD thesis, University of Glasgow.

Nting, Rexon Tayong (2009) Sarbanes-Oxley Act, insider trading and earnings management. PhD thesis, University of Glasgow.

Nwafor, Chioma Ngozi (2015) Monetary policy, inequality and financial markets. PhD thesis, University of Glasgow.

Olukuru, John Loitubulu (2013) Essays on current issues affecting banks and pensions. PhD thesis, University of Glasgow.

Opong, Kwaku K. (1988) The information content of interim financial reports - U.K. evidence. PhD thesis, University of Glasgow.

Ouyang, Ruolan (2017) Essays on natural resource evaluation and management. PhD thesis, University of Glasgow.

Pang, Yang (2015) The design of dynamic and nonlinear models in cash flow prediction. PhD thesis, University of Glasgow.

Patra, Sudip (2019) Essays in bank dividend signaling, smoothing and risk shifting under information asymmetry and agency conflict. PhD thesis, University of Glasgow.

Peng, Hao (2020) Shadow banking and corporate finance. PhD thesis, University of Glasgow.

Pinheiro, Jorge (2023) Three essays on credit supply. PhD thesis, University of Glasgow.

Prapan, Ahmed Ameya (2021) Three essays on corporate finance. PhD thesis, University of Glasgow.

Ragheb Mohamed, Ahmed Bahieg Ragheb (2016) Accountability in practice; issues of power and trust in Glasgow credit unions; a phronetic approach. PhD thesis, University of Glasgow.

Ramanan, Sisir (2016) Essays in asset price bubbles. PhD thesis, University of Glasgow.

Rathore, Adhiraj Singh (2021) Essays on the risk and efficiency of the banks. PhD thesis, University of Glasgow.

Ribeiro, Pinho J. (2016) Forecasting exchange rates in the presence of instabilities. PhD thesis, University of Glasgow.

Ronnie Lo, Hok-Leung (2009) Voluntary corporate governance disclosure, firm valuation and dividend payout: evidence from Hong Kong listed firms. PhD thesis, University of Glasgow.

Roy, Graeme D. (2005) Essays in fiscal decentralisation and fiscal consolidation. PhD thesis, University of Glasgow.

Rubin, Gary Douglas (2023) Financial advisor ethics: how institutional logics and self-determination influence advisors and their fiduciary duty. PhD thesis, University of Glasgow.

Saggu, Aman (2014) Asset prices and federal funds rate shocks: the 2007-2009 financial crisis. PhD thesis, University of Glasgow.

Schnippering, Marvin (2023) The German Trade Union Confederation’s European policy, 1969 – 1992: an alternative to a market-driven Europe. PhD thesis, University of Glasgow.

Seretis, Evangelos (2022) The effect of Solvency II adoption by EU/EEA insurance firms on sell-side analysts’ research practices and information environment. PhD thesis, University of Glasgow.

Shafiei, Maryam Deh Abad (2017) Essays on financial frictions and macroeconomic policy. PhD thesis, University of Glasgow.

Shashkenov, Marat (2023) Digitalisation and industrial complexity, with special emphasis on the Development Bank of Kazakhstan. PhD thesis, University of Glasgow.

Simpson, Ewan (1999) The impacts of attempts to stimulate private sector involvement and investment in the urban regeneration process : the case of the city of Glasgow. PhD thesis, University of Glasgow.

Sintou, Christiana Marina (2020) Three essays on household finance. PhD thesis, University of Glasgow.

Solodarenko, Maksym (2024) Essays on financial liberalisation and entrepreneurial occupational choice. PhD thesis, University of Glasgow.

Song, Huihui (2023) Essays in finance and applied microeconomics. PhD thesis, University of Glasgow.

Stasinakis, Charalampos (2013) Applications of hybrid neural networks and genetic programming in financial forecasting. PhD thesis, University of Glasgow.

Suhobokov, Alexander (2021) The role of risk in investment behaviour and the manifestation of behavioural biases by individual investors. PhD thesis, University of Glasgow.

Sun, Xiaotong (2024) Decentralization illusion, voting democracy and liquidity risk in decentralized finance. PhD thesis, University of Glasgow.

Suryomurti, Wiku (2022) Essays on stock index exclusion and exclusion. PhD thesis, University of Glasgow.

Synapis, Angelos (2019) Information leakage and insider trading prior to market switches in the UK. PhD thesis, University of Glasgow.

Tamanni, Luqyan (2017) Empirical essays on sustainability, portfolio risk, and outreach of Islamic microfinance institutions. PhD thesis, University of Glasgow.

Tang, Ziyu (2024) The emergence of asset price bubbles and debt overhang. PhD thesis, University of Glasgow.

Trecroci, Carmine (2000) Essays in contemporary monetary policy: Structural change, institutional reforms and interdependence. PhD thesis, University of Glasgow.

Tsopanakis, Andreas (2014) Essays on financial stability, systemic risk and the spillover effects of financial crises. PhD thesis, University of Glasgow.

Tunyi, Abongeh Akumbom (2014) Takeover likelihood modelling: target profile and portfolio returns. PhD thesis, University of Glasgow.

Urrea, Jorge (2002) Regional development and the action of public investment: the FNDR and the ERDF, a comparative analysis. PhD thesis, University of Glasgow.

Vu, Tuyet Nhung (2020) Three essays in banking: corporate governance and corporate finance. PhD thesis, University of Glasgow.

Walsh, Eamonn J. (1986) Foreign exchange risk management in UK multinational companies. PhD thesis, University of Glasgow.

Wang, Senyu (2019) Essays in bank capital structure. PhD thesis, University of Glasgow.

Wang, Weiyu (2023) Three essays on the capital market: general distance and cross-border M&As; Fintech, competition and analyst self-selection; Fintech, new information intermediary, and market liquidity. PhD thesis, University of Glasgow.

Wang, Zhixiao (2018) Essays in corporate investment and finance in China. PhD thesis, University of Glasgow.

Warburton Brown, Chris (2011) How does mum manage? Investigating the financial circumstances of mothers in lower income working families. PhD thesis, University of Glasgow.

Wei, Mingzhe (2022) Essays in cryptocurrencies’ forecasting and trading with technical analysis and advanced machine learning methods. PhD thesis, University of Glasgow.

Winardi, Rijadh Djatu (2022) Exploring accountability for corruption in the field of public financial management. PhD thesis, University of Glasgow.

Wong, Kai Tim, Douglas (2019) Essays on international stock markets and real exchange rate dynamics. PhD thesis, University of Glasgow.

Xu, Tianyue (2024) Accounting and finance sustainability, tax avoidance and top executive characteristics. PhD thesis, University of Glasgow.

Xu, Yaofei (2021) Empirical essays on credit risk based asset pricing. PhD thesis, University of Glasgow.

Yang, Chen (2023) Impact of Covid-19 on the capital structure of UK firms. MPhil(R) thesis, University of Glasgow.

Yao, Yumei (2023) Essays on corporate debt structure, leverage puzzle, competition and trade war. PhD thesis, University of Glasgow.

Yu, Xingyu (2024) Cash holdings, shocks, and overconfidence. PhD thesis, University of Glasgow.

Zekaite, Zivile (2017) Monetary policy and financial market developments in the US. PhD thesis, University of Glasgow.

Zhang, Hao (2024) Three empirical studies on credit risk-based asset pricing, CDS slope and the cross section of options returns, reduced form CDS implied equity volatilities and predicting earning day ratio. PhD thesis, University of Glasgow.

Zhang, Haoran (2024) Explaining various policy responses of Britain and Germany to different Chinese investments in high-tech and critical infrastructure sectors since 2012. PhD thesis, University of Glasgow.

Zhang, Dong (2018) Interactions between mutual fund flows, asset performances and investor behaviours in United States. PhD thesis, University of Glasgow.

Zhang, Guangfeng (2009) Exchange rates: macro and micro fundamentals. PhD thesis, University of Glasgow.

Zhang, Hai (2017) The financing innovation in entrepreneurship and hedge funds. PhD thesis, University of Glasgow.

Zhang, Ping (2019) Forecasting financial outcomes using variable selection techniques. PhD thesis, University of Glasgow.

Zhang, Xiao (2016) Essays in corporate finance. PhD thesis, University of Glasgow.

Zhang, Xuan (2017) Essays in credit risk management. PhD thesis, University of Glasgow.

Zhang, Zhekai (2020) Essays in international finance. PhD thesis, University of Glasgow.

Zhao, Yang (2016) Empirical essays in quantitative risk management. PhD thesis, University of Glasgow.

Zhou, Yue (2021) The real effect and consequence of regulation reform in corporate finance and banking. PhD thesis, University of Glasgow.

Zhu, Kairan (2023) Incentives, policy, and innovation: an empirical study of loan spreads, management incentives, and market expectations. PhD thesis, University of Glasgow.

Zong, Xiangyu (2021) Machine learning in stock indices trading and pairs trading. PhD thesis, University of Glasgow.

Zong, Zhe (2017) On pricing of futures contracts and derivatives in the WTI crude oil market. PhD thesis, University of Glasgow.

Zou, Yihan (2020) Stochastic modelling in volatility and its applications in derivatives. PhD thesis, University of Glasgow.