{"id":18203,"date":"2026-04-20T13:52:17","date_gmt":"2026-04-20T12:52:17","guid":{"rendered":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/?p=18203"},"modified":"2026-04-20T13:52:17","modified_gmt":"2026-04-20T12:52:17","slug":"celebrating-success-dr-erwei-david-xiang-8","status":"publish","type":"post","link":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/2026\/04\/20\/celebrating-success-dr-erwei-david-xiang-8\/","title":{"rendered":"Celebrating Success &#8211; Dr Erwei (David) Xiang"},"content":{"rendered":"<p>Congratulation to Dr Erwei (David) Xiang for the following recent successes<\/p>\n<ul>\n<li><span role=\"presentation\" data-olk-copy-source=\"MessageBody\">Dr Erwei (David) Xiang was recently invited to join\u00a0<b>BBC Radio 5 Live<\/b> as an expert guest to discuss the collapse of National Car Parks (NCP), one of the UK\u2019s largest car park operators. In the programme, he offered commentary from a financial perspective on the issues surrounding the company.\u00a0 <\/span>If you would like to listen, the segment is available here:\u00a0<a id=\"OWAe0efeeab-382b-f78c-ee90-229d079399e1\" class=\"x_OWAAutoLink\" title=\"Original URL: https:\/\/www.bbc.co.uk\/sounds\/play\/m002sng6. Click or tap if you trust this link.\" href=\"https:\/\/eur03.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.bbc.co.uk%2Fsounds%2Fplay%2Fm002sng6&amp;data=05%7C02%7CAlison.Brown%40newcastle.ac.uk%7C95743ccb9231408551cc08de9ed98d75%7C9c5012c9b61644c2a91766814fbe3e87%7C1%7C0%7C639122854923509938%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=S3qZKEzktg%2FKh4GrQdl2nMCuoaYd5ASVgKLZWTEXiLo%3D&amp;reserved=0\" data-auth=\"NotApplicable\" data-linkindex=\"4\"><u>https:\/\/www.bbc.co.uk\/sounds\/play\/m002sng6<\/u><\/a> (from 26:08 to 32:04).<\/li>\n<\/ul>\n<ul>\n<li><span role=\"presentation\">Dr Erwei (David) Xiang\u2019s article \u201c<b>National Car Parks is in administration \u2013 some big companies are so dependent on debt that they can\u2019t adjust to\u00a0change<\/b>\u201d\u00a0<\/span><span role=\"presentation\">has been published in\u00a0<b>The Conversation<\/b><\/span><span role=\"presentation\">. This article uses NCP as a case study to explain how debt can constrain firms\u2019 ability to respond to structural change.\u00a0<\/span><span role=\"presentation\"><a id=\"OWAb27293a1-4117-c9d9-707b-97c5c85d551e\" class=\"x_OWAAutoLink\" title=\"Original URL: https:\/\/theconversation.com\/national-car-parks-is-in-administration-some-big-companies-are-so-dependent-on-debt-that-they-cant-adjust-to-change-280092. Click or tap if you trust this link.\" href=\"https:\/\/eur03.safelinks.protection.outlook.com\/?url=https%3A%2F%2Ftheconversation.com%2Fnational-car-parks-is-in-administration-some-big-companies-are-so-dependent-on-debt-that-they-cant-adjust-to-change-280092&amp;data=05%7C02%7CAlison.Brown%40newcastle.ac.uk%7C95743ccb9231408551cc08de9ed98d75%7C9c5012c9b61644c2a91766814fbe3e87%7C1%7C0%7C639122854923540406%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=9WRKRUe6mr4rmdrtHvttDBalq01PAUE%2BdWvtAk9NeQs%3D&amp;reserved=0\" data-auth=\"NotApplicable\" data-linkindex=\"5\"><u>Read more<\/u><\/a><\/span><\/li>\n<\/ul>\n<ul>\n<li><span role=\"presentation\">Dr Erwei (David) Xiang\u2019s paper \u201cCorporate governance and firm performance: Evidence from political instability, political ideology, and corporate governance reforms in Pakistan\u201d, published in\u00a0<i>Economics &amp; Politics<\/i>, is among the\u00a0<b>top 10 most-cited papers<\/b>\u00a0published by the journal in 2024.\u00a0<\/span><span role=\"presentation\"><a id=\"OWAbb488741-663a-59cd-af76-87504870799f\" class=\"x_OWAAutoLink\" title=\"https:\/\/onlinelibrary.wiley.com\/doi\/full\/10.1111\/ecpo.12303\" href=\"https:\/\/onlinelibrary.wiley.com\/doi\/full\/10.1111\/ecpo.12303\" data-auth=\"NotApplicable\" data-linkindex=\"6\"><u>Read more<\/u><\/a><\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Congratulation to Dr Erwei (David) Xiang for the following recent successes Dr Erwei (David) Xiang was recently invited to join\u00a0BBC Radio 5 Live as an&#8230; <br \/><a href=\"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/2026\/04\/20\/celebrating-success-dr-erwei-david-xiang-8\/\" rel=\"bookmark\"><strong>Read more<\/strong><\/a><\/p>\n","protected":false},"author":11659,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[399,972,805],"class_list":["post-18203","post","type-post","status-publish","format-standard","hentry","category-research","tag-celebrating-success","tag-paper-published","tag-radio-interview"],"acf":[],"_links":{"self":[{"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/posts\/18203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/users\/11659"}],"replies":[{"embeddable":true,"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/comments?post=18203"}],"version-history":[{"count":1,"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/posts\/18203\/revisions"}],"predecessor-version":[{"id":18204,"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/posts\/18203\/revisions\/18204"}],"wp:attachment":[{"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/media?parent=18203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/categories?post=18203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microsites.ncl.ac.uk\/nubsstaffblog\/wp-json\/wp\/v2\/tags?post=18203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}