Contact Professor Catarina Figueira


Catarina is Professor of Applied Economics and Policy. She directs the Economics and Finance Centre and is Head of the Economics & Banking at the School of Management of Cranfield University. Catarina is Director of the Executive MSc in Retail and Digital Banking, the first UK Mastership in Banking. She was a former Director of the Cranfield Executive MBA Programme.

Current activities

Catarina’s research interests lie in the area of financial modelling, institutions’ performance and the effects of regulatory changes. She has also published work which has focused on the intricacies between corporate governance and company performance, the value of board diversity and the importance of cosmopolitanism in fostering entrepreneurship.

Catarina has worked on various projects which have focused on the dynamics of housing markets, including the analysis of house prices and mortgage arrears and has co-developed the new DPS rent index for the UK.

Catarina was previously a scholar at the European Parliament, having worked at the Directorate General for Research. She has published in leading international journals and is a frequent contributor to a wide range of international conferences, having successfully secured a number of prizes in recognition for the excellence of some of her academic papers. She has provided advice to both the private and public sector, including to a number of international organisations as well as to several government departments and charities.

Research students and title of thesis

Khalid Al Araimi

The International Expansion of Family Business Outside Oman

Samantha Griffiths

What does ‘entrepreneurial mojo’ look like and how is it leveraged by UK plc boards to impact ‘value’?

Hassan Mansaray

Exploring the potential of Impact Investing to realise the benefits of the Circular Economy

Adam Matthews

Evidence to inform public policy for fostering the digitalisation of the infrastructure sector

Stella Okuzu

Access to Finance for Sub-Saharan African Female Entrepreneurships: Demand or Entrepreneur Attributes Driven?


Articles In Journals

Conference Papers

  • Figueira C (2009) Developing Strategic Learning Capabilities for Open Innovation under Entrepreneurial Leadership: Lessons from a Technology-based Small Firm. In: 5th European Conference on Management, Leadership and Governance, Athens, 5 November 2009.
  • Figueira C & Nellis J (2007) Banking Efficiency in Non-Core EU Countries - A Comparative Analysis of Portugal and Spain. In: Conference proceedings 2007 : British Academy of Management : management research, education and business success : is the future as clear as the past?, Warwick, 11 September 2007.
  • Figueira C & Nellis J (2006) M and A activity in the EU Banking Industry - Much ado about nothing?. In: Business & Economics Society International Conference, Florence, Italy, 15 July 2006.
  • Figueira & C (2005) Infrastructure Regulation and Poverty Reduction in Developing Countries: A Review of the Evidence and a Research Agenda. In: Regulation, Competition and Income Distribution Conference: Latin American Experiences, Rio de Janeiro, 1-5 January 2005.
  • Figueira C, Nellis J & Parker D (2004) The effects of private versus state and foreign versus domestic ownership on bank efficiency in Latin America. In: British Academy of Management Conference, St Andrews.
  • Figueira C, Nellis J & Parker D (2004) Bank efficiency in Latin America. In: ESRC Conference on Finance for Development & Poverty Reduction, Bath.
  • Figueira C, Nellis J & Parker D (2004) Are international financial markets integrating. In: Academy of International Business annual meeting, Sweden.
  • Figueira & C (2004) Testing for International Financial Markets Integration. In: EURAM 2004 4th Annual Conference, St Andrews, 5 May 2004.
  • Figueira C (2004) How efficient is the Polish Banking Industry?. In: UK Academy of International Business, Londonderry, 23 April 2004.
  • Figueira C (2003) Wage setting in the United Kingdom. In: Regional Science Association International Conference, Philadelphia, PA.
  • Figueira C & Nellis J (2003) Assessing the performance of the Polish banking industry: a comparative study. In: British Academy of Management Conference, Harrogate.
  • Phelps B, Figueira C & Nellis J (2003) International Banking Strategy and Efficiency: issues and directions.. In: 7th International Conference of the Decision Sciences Institute, Shanghai, 4 July 2003.
  • Figueira C (2003) A dynamic analysis of mortgage arrears in the UK housing market. In: Cranfield Research Colloquium, Cranfield University, 1 January 2003.
  • Figueira C & Nellis J (2002) Testing for international financial integration. In: International Economics and Finance Society Conference 2002, London.
  • Figueira & C (2002) Where have all the mortgage arrears gone?. In: International Regional Science Association Conference, San Juan, 14 November 2002.
  • Figueira & C (2001) Are direct payments preferable to price support?. In: Cranfield Research Seminar Series, Cranfield University, 1 January 2001.


  • Theodorakopoulos N, Figueira C, Kakabadse N & Kakabadse A (2011) Dynamic Learning as Entrepreneurial Action in the Context of Open Innovation: An Instrumental Case from a Communities-of-Practice Perspective. In: SMEs and Open Innovation: Global Cases and Initiatives. Rahman H, Ramos I (ed.), Hershey, USA: IGI Global, p. 199-223.
  • Figueira C & Parker D (2011) Infrastructure Liberalization: Challenges to the new Economic Paradigm in the Context of Developing Countries. In: International Handbook of Network Industries. Finger M, Kuenneke, R W (ed.), Cheltenham, UK: Edward Elgar, p. 491-512.
  • Parker D & Figueira C (2010) PPPs in developed and developing economies: what lessons can be learned?. In: International Handbook on Public-Private Partnerships. Hodge G, Greve C, Boardman A E (ed.), Cheltenham: Edward Elgar, p. 526-547.
  • Nellis J, Figueira C & Glen J (2005) An econometric model of mortgage arrears - implications for credit risk. In: Credit Risk of Mortgage Loans. Modelling and Management. Jajuga K, Krysiak Z (ed.), Warsaw: Polish Bank Association.
  • Nellis J & Figueira C (2005) The importance of accurate house price measurement in the context of mortgage risk modelling. In: Credit Risk of Mortgage Loans. Modelling and Management. Jajuga K, Krysiak Z (ed.), Warsaw: Polish Bank Association.