Richard A. Heaney

University of Western Australia

Senior Honorary Research Fellow

Crawley

Perth, Western Australia 6009

Australia

SCHOLARLY PAPERS

35

DOWNLOADS
Rank 18,901

SSRN RANKINGS

Top 18,901

in Total Papers Downloads

5,671

TOTAL CITATIONS
Rank 26,832

SSRN RANKINGS

Top 26,832

in Total Papers Citations

19

Scholarly Papers (35)

1.

The Role of Undergraduate Personal Finance Education in Financial Literacy, Financial Attitudes and Financial Behaviours

Number of pages: 48 Posted: 14 Dec 2014
Paul Gerrans and Richard A. Heaney
The University of Western Australia - UWA Business School and University of Western Australia
Downloads 685 (81,754)
Citation 2

Abstract:

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Financial literacy, financial education, undergraduate education, financial attitudes and behaviour

2.

Valuation of Crude Oil and Gas Reserves

Number of pages: 35 Posted: 03 Dec 2011
Richard A. Heaney and Bruce D. Grundy
University of Western Australia and RSFAS Australian National University
Downloads 596 (97,669)
Citation 1

Abstract:

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crude oil pricing, Hotelling model, Adelman model

3.

Factors Determining European Bank Risk

Journal of International Financial Markets, Institutions and Money, Forthcoming
Number of pages: 45 Posted: 03 Apr 2012
Mamiza Haq and Richard A. Heaney
University of Queensland - Finance and University of Western Australia
Downloads 461 (134,408)
Citation 7

Abstract:

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bank risk, bank capital, charter value, off-balance sheet items, dividend payout ratio, Economic and Monetary Union

4.

Are Co-Skewness and Co-Kurtosis Factors Priced?

24th Australasian Finance and Banking Conference 2011 Paper
Number of pages: 38 Posted: 27 Aug 2011
Richard A. Heaney, Yihui Lan and Sirimon Treepongkaruna
University of Western Australia, The University of Western Australia and The University of Western Australia
Downloads 416 (151,253)
Citation 1

Abstract:

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asset pricing, skewness, kurtosis, size, book-to-market, momentum

Australian Equity Mutual Fund Size Effects

Number of pages: 27 Posted: 25 Aug 2007
Richard A. Heaney
University of Western Australia
Downloads 212 (304,974)

Abstract:

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wholesale equity funds, size effects

Australian Equity Mutual Fund Size Effects

Number of pages: 27 Posted: 10 Nov 2011
Richard A. Heaney
University of Western Australia
Downloads 132 (463,447)

Abstract:

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wholesale equity funds, size effects

6.

The Opportunities, Risks and Possibilities of Social Impact Investment for Housing and Homelessness

AHURI Final Report No. 288, Australian Housing and Urban Research Institute Limited, Melbourne, DOI:10.18408/ahuri-7110101
Number of pages: 126 Posted: 08 Aug 2017
University of New South Wales (UNSW), Centre for Social Impact, University of New South Wales (UNSW), Swinburne University of Technology, Centre for Social Impact, Swinburne University of Technology, Centre for Social Impact and University of Western Australia
Downloads 289 (225,153)

Abstract:

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Social Impact Investment, Impact Investing, Affordable Housing, Social Housing, Homelessness, Systems Thinking, Social Outcomes, Housing Finance, Social Policy, Evidence-Based Financing

7.

Are Busy Directors Good for Business

2012 Financial Markets & Corporate Governance Conference
Number of pages: 25 Posted: 19 Mar 2012
Richard A. Heaney, Lary Li and Monica Tan
University of Western Australia, Royal Melbourne Institute of Technolog (RMIT University) - School of Economics, Finance and Marketing and RMIT University
Downloads 262 (248,967)

Abstract:

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busy boards, busy directors, busy CEOs

8.

Real Estate as Part of an Investment Portfolio in Australia

Australian Centre for Financial Studies - Finsia Banking and Finance Conference 2010
Number of pages: 21 Posted: 20 Jun 2010 Last Revised: 26 Jul 2010
Richard A. Heaney, David Higgins and Amalia Di Iorio
University of Western Australia, affiliation not provided to SSRN and La Trobe Business School
Downloads 255 (255,968)

Abstract:

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Property, Real Estate, Diversified Portfolio Performance, Smoothed Property Returns

9.

Variation in OPEC and Non-OPEC Crude Oil Production: 1973 to 2010

Number of pages: 34 Posted: 08 Feb 2017
Bruce D. Grundy and Richard A. Heaney
RSFAS Australian National University and University of Western Australia
Downloads 245 (266,351)

Abstract:

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crude oil production, OPEC, non-OPEC, cluster analysis

10.

South East Asian Corporate Board Size

20th Australasian Finance & Banking Conference 2007 Paper
Number of pages: 23 Posted: 25 Aug 2007
Richard A. Heaney
University of Western Australia
Downloads 243 (268,488)

Abstract:

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corporate governance, board size

11.

Bubbles and Crashes in the Australian Residential Property Market

Number of pages: 40 Posted: 09 Oct 2016 Last Revised: 03 May 2017
Dirk G. Baur and Richard A. Heaney
University of Western Australia - Business School and University of Western Australia
Downloads 214 (304,928)
Citation 2

Abstract:

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Australian housing market, bubbles, crashes; contagion, diversification

12.

The Role of R&D in Cross-Border Mergers & Acquisitions

Australian Centre for Financial Studies - Finsia Banking and Finance Conference 2010
Number of pages: 31 Posted: 19 Jul 2010
La Trobe Business School, Stockholm University - School of Business, Victoria University and University of Western Australia
Downloads 168 (378,577)

Abstract:

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Cross-border M&A’s, Synergy, Foreign Direct Investment

13.

Inquiry into Social Impact Investment for Housing and Homelessness Outcomes

AHURI Final Report No. 299, Australian Housing and Urban Research Institute Limited, Melbourne, doi:10.18408/ahuri-7110001
Number of pages: 87 Posted: 13 Jun 2018
University of New South Wales (UNSW), University of New South Wales (UNSW), School of Property, Construction and Project Management, RMIT, The University of Western Australia, Centre for Social Impact, Centre for Social Impact, University of Western Australia, Griffith University Law School, Swinburne University of Technology, University of South Australia, Swinburne University of Technology, Centre for Urban Transitions, Swinburne University of Technology, The University of Western Australia and Centre for Social Impact
Downloads 166 (382,575)
Citation 3

Abstract:

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Homelessness, housing finance, innovative financing, social housing, social impact, social impact investing

14.

Governance Mechanisms and Agency Conflicts between Managers and Shareholders: Evidence from Australia

Number of pages: 26 Posted: 24 Jul 2013
Thanh Truong and Richard A. Heaney
Royal Melbourne Institute of Technolog (RMIT University) and University of Western Australia
Downloads 157 (401,245)

Abstract:

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equity agency conflicts, ownership, board of directors, debt financing

15.

Are All-American Analysts Better: A Study Using 2010 IBES Target Prices?

Number of pages: 15 Posted: 24 Jan 2017
Harrison Bantock and Richard A. Heaney
UWA and University of Western Australia
Downloads 151 (414,638)

Abstract:

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All American Analysts, IBES target price, Mean error, Mean absolute error, Mean square error

16.

Wall Street Journal Stories and Oil Prices

Number of pages: 47 Posted: 03 Dec 2011
Richard A. Heaney and Bruce D. Grundy
University of Western Australia and RSFAS Australian National University
Downloads 149 (419,113)

Abstract:

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Crude oil price, information efficiency, storage, OPEC, Wall Street Journal

Individual Investor Portfolio Performance in Retirement Savings Accounts

Number of pages: 36 Posted: 27 Apr 2013
Su (Sally) Gan, Richard A. Heaney and Paul Gerrans
The University of Western Australia, University of Western Australia and The University of Western Australia - UWA Business School
Downloads 117 (510,391)
Citation 1

Abstract:

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retirement savings, investment performance, choice, household portfolios, superannuation, 401(K)

Individual Investor Portfolio Performance in Retirement Savings Accounts

Australian Journal of Management, Vol. 40, No. 4, 2015
Posted: 15 Jan 2016 Last Revised: 24 Jan 2017
Su (Sally) Gan, Richard A. Heaney and Paul Gerrans
The University of Western Australia, University of Western Australia and The University of Western Australia - UWA Business School

Abstract:

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Household portfolios, investment choice, portfolio performance, retirement savings, superannuation

18.

Supporting Vulnerable Households to Achieve Their Housing Goals: The Role of Impact Investment

AHURI Final Report No. 290, Australian Housing and Urban Research Institute Limited, Melbourne, doi:10.18408/ahuri-821031; ISBN 978-1-925334-54-8 (2017)
Number of pages: 128 Posted: 02 Dec 2017
University of Western Australia, The University of Western Australia, University of New South Wales (UNSW), Griffith University Law School, Swinburne University of Technology, University of South Australia and The University of Western Australia
Downloads 112 (524,533)

Abstract:

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social impact investment, impact investing, affordable housing, social housing, homelessness, vulnerable households, social enterprises, housing finance, social impact bonds, social policy, innovative finance.

19.

Predictability of Implied Volatility: Evidence from the Over-the-counter Currency Option Markets

Number of pages: 36 Posted: 26 Aug 2011
Alfred H.S. Wong, Richard A. Heaney and Amalia Di Iorio
Charles Sturt University, University of Western Australia and La Trobe Business School
Downloads 105 (550,174)

Abstract:

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implied volatility, currency option, over-the-counter, market Efficiency

20.

European Bank Equity Risk, 1995-2006

Journal of International Financial Markets, Institutions and Money, Vol. 19, No. 2, 2009
Number of pages: 39 Posted: 16 May 2009
Richard A. Heaney and Mamiza Haq
University of Western Australia and University of Queensland - Finance
Downloads 104 (554,068)

Abstract:

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21.

The Existence of Tax Clienteles: An Australian Setting

Number of pages: 33 Posted: 03 Dec 2011
Richard A. Heaney
University of Western Australia
Downloads 101 (565,955)
Citation 1

Abstract:

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Australian corporate tax, franking credits, effective corporate tax rate

22.

Australian CEO Outside Directorships

2015 Financial Markets & Corporate Governance Conference
Number of pages: 28 Posted: 15 Jan 2015
Richard A. Heaney, Lary Li and Monica Tan
University of Western Australia, Royal Melbourne Institute of Technolog (RMIT University) - School of Economics, Finance and Marketing and RMIT University
Downloads 95 (589,374)
Citation 1

Abstract:

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outside directorships, busy CEO

23.

Choice of Expected Return Proxy and Asset Pricing Model Tests: Should It Matter?

Number of pages: 63 Posted: 06 Feb 2017
Fatima Khushnud, Richard A. Heaney and Sirimon Treepongkaruna
The University of Western Australia - UWA Business School, University of Western Australia and The University of Western Australia
Downloads 86 (627,085)

Abstract:

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asset pricing, IBES analyst target price, realized returns, expected annual returns

24.

The Pricing of ULP and Diesel in the Western Australian Retail Fuel Market

Number of pages: 45 Posted: 14 Feb 2017
Richard A. Heaney and Sirimon Treepongkaruna
University of Western Australia and The University of Western Australia
Downloads 78 (663,892)

Abstract:

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Retail fuel pricing, ULP, Diesel, Western Australia

25.

Do Directors’ Trades Matter for the Announcement Period Performance of Acquiring Firms? The Australian Evidence

Number of pages: 41 Posted: 21 Aug 2016
Md Hossain, Richard A. Heaney and SzeKee Koh
The University of Western Australia, University of Western Australia and Singapore Institute of Technology
Downloads 72 (694,075)

Abstract:

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Director trading, Mergers and Acquisition, Event Study, Acquiring Firm

26.

Discussions on Long-Term Financial Choice

Australian Journal of Management, Vol. 40, No. 3, 2015
Posted: 18 Sep 2015
Independent, The University of Sydney - Discipline of Finance, University of Western Australia and Royal Melbourne Institute of Technolog (RMIT University)

Abstract:

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Financial choice, focus groups, retirement

27.

Using Decision Support to Manage the Influence of Cognitive Abilities on Share Trading Performance

Australian Journal of Management, Vol. 37, No. 3, 2012
Posted: 19 Dec 2012
Alex Richardson and Richard A. Heaney
Australian National University (ANU) and University of Western Australia

Abstract:

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cognitive abilities, decision making, decision support systems, share trading

28.

Share Market Reaction to the BP Oil Spill and the US Government Moratorium on Exploration

Australian Journal of Management, Vol. 37, No. 1, 2012
Posted: 05 May 2012 Last Revised: 24 Jan 2017
Marie-Anne Cam, Richard A. Heaney and Amir Sabet
RMIT University, University of Western Australia and The University of Western Australia

Abstract:

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BP oil spill, event study, market efficiency, US government intervention

29.

The Effects of International Financial Reporting Standards on the Accounts and Accounting Quality of Australian Firms: A Retrospective Study

Journal of Contemporary Accounting and Economics, December 2008
Posted: 28 Jun 2008
John Goodwin, Kamran Ahmed and Richard A. Heaney
Corvinus University, La Trobe Business School, La Trobe University and University of Western Australia

Abstract:

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IFRS, accounting quality

30.

An Empirical Analysis of Commodity Pricing

Journal of Futures Markets, Vol. 26, No. 4, pp. 391-415, 2006
Posted: 29 Mar 2006
Richard A. Heaney
University of Western Australia

Abstract:

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Convenience yield, stock-outs, interest adjusted basis, commodity prices, futures prices, copper, lead, zinc

31.

Agency Costs and Ownership Structure in Australia

Pacific-Basin Finance Journal, Vol. 13, No. 1, pp. 29-52, January 2005
Posted: 26 Oct 2005
Grant Fleming, Richard A. Heaney and Rochelle McCosker
Continuity Capital Partners, University of Western Australia and Independent Author

Abstract:

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Equity agency costs, small to medium enterprises (SMEs), owner-managers, separation of control and ownership

32.

Use of Derivatives by Australian Companies

Pacific-Basin Finance Journal, Vol. 13, No. 4, pp. 411-430
Posted: 24 Oct 2005
Richard A. Heaney
University of Western Australia

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Derivative use, size, agency costs, taxes, management compensation, and financial distress

33.

A Test of the Cost of Carry Relationship Using the Lead Contract Traded on the London Metals Exchange

Journal of Futures Markets, Vol. 18, No. 2, pp. 1-25, 1998
Posted: 12 Sep 2005 Last Revised: 24 Jan 2017
Richard A. Heaney
University of Western Australia

Abstract:

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Cost-of-carry, LME lead contract, Futures pricing

34.

A Test of the Effect of Carrying Costs on Predictive Ability of Futures Prices Using the Lme Lead Contract

International Journal of Forecasting, Vol. 18, No. 1, pp. 45-65, 2002
Posted: 12 Sep 2005 Last Revised: 24 Jan 2017
Richard A. Heaney
University of Western Australia

Abstract:

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Error correction model, Cost of carry model, Forecasting

35.

An Approximation for Convenience Yield in Commodity Futures Pricing

Journal of Futures Markets, Vol. 22, No. 10, pp. 1005-1017, 2002
Posted: 12 Sep 2005 Last Revised: 24 Jan 2017
Richard A. Heaney
University of Western Australia

Abstract:

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convenience yield, futures pricing