Neal Galpin

Neal Galpin is a Professor in the Banking & Finance department at Monash University. His research program focuses on corporate finance mechanisms, market efficiency, and historical financial systems, with particular emphasis on governance structures and capital market evolution.

Research Focus: Professor Galpin investigates both contemporary and historical aspects of financial systems. Primary research domains include:

• Corporate governance dynamics, especially blockholder influence on executive compensation
• Historical analysis of capital markets, including IPO trends and exchange regulations
• Theoretical frameworks for corporate liquidity and investment decisions
• Market efficiency testing using historical financial data
• Evolution of banking and financial institutions

His 13+ publications demonstrate consistent focus on financial market efficiency, corporate control mechanisms, and historical financial systems, utilizing both contemporary data and archival sources spanning 1891-2022. Research consistently appears in top finance and economic history journals.