Ciaran Driver examines whether Research and Development (R&D) expenditure is biased downward because of self-serving behavior of highly incentivized managers. Ciaran Driver (School of Finance and Management) ) pursues research on capital investment, innovation, corporate governance, and economic policy. Recent projects include a study of UK dividend behaviour; and South African business survey forecasts. He co-authored with Paul Temple The Unbalanced Economy, Palgrave-Macmillan (2014). A book on corporate governance (ed. with Grahame Thompson) will be published by OUP in 2018.