Academic Profile

Jay Cullen researches and teaches commercial law, with a particular focus on financial regulation and corporate governance. He is particularly interested in the effects of the leverage and business cycles on compensation incentives. His forthcoming book on executive compensation (‘Executive Compensation in Imperfect Financial Markets’, Elgar 2013) is an interdisciplinary analysis of the prevailing model of rewarding senior executives and board members at public companies.

Jay was educated at the University of Manchester and the University of Liverpool. Prior to joining the University of Sheffield, Jay taught at Liverpool JMU for seven years, at both undergraduate and postgraduate levels. He has experience in teaching corporate governance, banking law, financial regulation, and equity and trusts, and incorporates his research into his teaching of those subjects.

Qualifications

PhD, LLM, BA, FHEA

Learning and Teaching

I have taught a wide variety of postgraduate and undergraduate subjects and believe strongly in research-led teaching. My teaching and research are interdisciplinary and focus on the points where law and financial markets meet. I try to help students to think critically about prevailing economic and financial paradigms and encourage them to think about how the law may contribute to enhancing financial market outcomes.

The modules I teach are:

Undergraduate	Postgraduate and MA
Law of Contract	Banking & Finance
Equity & Trusts

Research Interests

• Financial Regulation
• Banking Law
• Corporate Governance

Key Publications

Cullen, J. (forthcoming 2013) Executive Compensation in Imperfect Financial Markets. Edward Elgar Publishing.

(With Professor Emilios Avgouleas) 'Market Discipline and Corporate Governance in the EU Banking Sector: Intellectual Fallacies, Cognitive Boundaries, and Groupthink', Journal of Law and Society (Special Edition 2014, forthcoming)

'Deregulation and The Power of Private Surveillance in Markets' (2009) 9 Poznan University of Economics Review 9-35.

Recent Invited Papers and Keynote Lectures

• International Financial Regulation Workshop, Berkeley School of Law, University of California, Berkeley, April 2013, 'Why Leverage and Bank Structure and not Compensation are the keys to Good Bank Governance' (with Professor Emilios Avgouleas). See http://www.law.berkeley.edu/5938.htm for further details.
• Public and Private Models of Biobanking, University of Sheffield (March 2013), Invited Speaker.
• Post-Crisis Trajectories of European Corporate Governance, University of Leeds, September 2012, 'Market Discipline and Corporate Governance in the EU Banking Sector: Intellectual Fallacies, Cognitive Boundaries and Groupthink' (with Professor Emilios Avgouleas)