Number of Monash Research Outputs: 169
Mean Field Weighted Citation Impact of Monash Outputs: 1.48
3 Year Rolling Mean FWCI of Monash Outputs: 2.15
Established within the Faculty of Science, the Centre for Quantitative Finance and Investment Strategies develops and shares research and practice guidance on quantitative finance and investment strategies. Its target audience ranges from academic researchers to industry practitioners. The Centre’s research focuses on Financial Mathematics, Interdisciplinary Research and Digitalization of the Banking Sector and is supported by cutting edge tools of stochastic control, theoretical and empirical asset pricing, financial econometrics, machine learning and data science.
Research from the Centre for Health Economics (CHE) in Monash Business School using data from WorkSafe Victoria shows that high outdoor temperatures increase workplace injuries and accidents. Manual workers – particularly those in outdoor industries where avoiding the heat is not possible – are most at risk. The study used over two million claims submitted to Victoria’s mandatory workers’ compensation scheme from 1985 to 2020 to measure the occurrence of workplace injuries. CHE researchers found that higher temperatures generate significantly more claims. Manual workers are disproportionately affected by heat across the 35-year period, particularly in outdoor-based industries. The study also shows that heat increases claims from various accident types and injuries.
PROTIC II is a collaboration between the Faculty of Information Technology and OXFAM. It is the second phase of PROTIC – a five-year international development project that was dedicated to empowering rural women in Bangladesh. One element of this initiative was supporting rural women through the use of mobile devices.
In 2022 PROTIC2 researchers moved from a focus on short term research interventions (necessitated by the COVID-19 pandemic) to the co-development of distinct projects with three marginalised occupational groups in Bangladesh: fisher men and women, domestic workers and tea-garden workers. Research is investigating the use of digital technologies to empower these communities.
The Modern Slavery Research Program in the Monash Centre for Financial Studies (MCFS) measures the disclosure quality of companies required to report on risks to modern slavery in their operations and supply chains. Researchers developed the Modern Slavery Disclosure Scoring Framework as a benchmark for evaluating the statements submitted by Australian Securities Exchange companies under the requirements under the Modern Slavery Act.
Work conducted by MCFS in 2021 had exposed “wide disparities in the quality and disclosure levels of modern slavery statements” among major companies listed on the ASX, with only six ASX300 companies demonstrating best practice. In October 2022 the findings of the second year of the program were released, evaluating statements by ASX100 companies on the ABF Modern Slavery Statements Register to June 2022. The research noted encouraging improvement in the quality of disclosure, and recommended three key ideas to further improve the risk reporting and disclosure: “the importance of a supplier risk assessment system, understanding their relationship to risk, and centring the remediation process on the risks to victims, not just businesses”.
MCFS has an extensive record of engagement with companies and investors on improving modern slavery disclosure. Investors have used the modern slavery disclosure assessment of ASX companies as part of their ESG risk assessment of portfolio companies. Contributions by MCFS have also been acknowledged by several companies in their modern slavery reporting statements.