Prof. Simon Grima

Prof. Simon Grima

Prof. Simon Grima

 B.Com.(Hons)(Melit.),M.Sc.(Lond.),M.Sc.(B.C.U.),Ph.D.(Melit.)

Associate Professor

Room 218
Humanities B (FEMA)
University of Malta
Msida
  +356 2340 3368
Ph.D (Melit.), MSc (Lond), MSc (BCU), B.Com (Hons) (Melit.), FFA, FAIA (Acad), is the Head of the Insurance dept, in charge of the Bachelor of Commerce in Insurance, the Bachelor of Commerce (Honours) and Master's degree in Insurance and Risk Management and an Associate Professor at the University of Malta. He served as the President of the Malta Association of Risk Management (MARM) between 2013 and 2015, and President of the Malta Association of Compliance Officers (MACO) between 2016 and 2018. Moreover, he is among the first Certified Risk Management Professional (FERMA), is the chairman of the Scientific Education Committee of PRIMO and a member of the curriculum development team of PRIMIA in 2014. His research focus and consultancy is on Governance, Regulations and Internal Controls (i.e. Risk Management, Internal Audit and Compliance) and has over 30 years of experience varied between Financial Services and with public entities in academia, Internal Controls, Investments and IT. He acts as an Independent Director for Financial Services Firms, sits on Risk, Compliance, Procurement, Investment and Audit Committees and carries out duties as a Compliance Officer, Internal Auditor and Risk Manager.
Simon has acted as co-chair and is a member of the scientific program committee on some international conferences and is a chief editor, editor and review editor of some Journals and Book Series. He has been awarded outstanding reviewer for Journal of Financial Regulation and Compliance in the 2017 Emerald Literati Awards.
  • Governance Risk Management and Compliance
  • Financial Derivatives
  • Financial Management
  • Internal Audit
  • Risk Management
  • IT Risk Management
  • Financial Services

ASLLANI, G., SPITERI, J. and GRIMA, S., 2019. Economic Competition in Kosovo: An Empirical Analysis. International Journal of Economics and Business Administration, 7(2), pp. 39-49.

ASLLANI, G. and GRIMA, S., 2019. Competition Policy in the Western Balkan Countries. European Research Studies Journal, 22(2), pp. 345-358.

BALDACCHINO, P.J., VELLA, C. and GRIMA, S., 2019. The Corporate Governance Code and Compliance by Maltese Listed Companies. International Journal of Economics and Business Administration, VII(2), pp. 71-90.

GRIMA, S., ed, 2019. Change and Continuity Management in the Public Sector: The DALI Model for Effective Decision Making. USA: Emerald Group Publishing Limited.

GRIMA, S., ASLLANI, G., SPITERI, J. and DAKA, N., 2019. The Cost and Information Management Effect in SMEs: An Empirical Analysis. European Research Studies Journal, 22(3), pp. 360-369.

GRIMA, S., OZEN, , E., B.,H., SPITERI, J. and THALASSINOS, E., eds, 2019. Contemporary Behavioural Issues. Contemporary Studies in Economic and Financial Analysis. . Volume 101 edn. UK: Emerald Group Publishing Limited.

GRIMA, S. and SPITERI, J., eds, 2019. Understanding the Investor: A Maltese Study of Risk and Behavior in Financial Investment Decisions. UK: Emerald Group Publishing Limited.

GRIMA, S. and PAVIA, S., 2019. Retirement Planning by Maltese Nationals: A Study of Influential Factors. In: S. GRIMA, E. OZEN, H. BOZ, J. SPITERI and E. THALASSINOS, eds, Contemporary Issues in Behavioural Finance. Contemporary Studies in Economic and Financial Analysis. .Volume 101 edn. USA: Emerald Group Publishing Limited, pp. 227-259.

PAVIA, S. and GRIMA, S., 2019. Retirement Planning: A Literature Review
. In: S. GRIMA, E. OZEN, H. BOZ, J. SPITERI and E. THALASSINOS, eds, Contemporary Studies in Economic and Financial Analysis. Volume 101 edn. Emerald Group Publishing Limited, pp. 97-138.

BALDACCHINO, P.J., TABONE, N., MICALLEF, L.,G., GRIMA, S., 2018. Drivers and Drawbacks of an External Auditing Career. International Journal of Economics and Business Administration, VI(3), pp. 21-46.

BALDACCHINO, P.J., TABONE, N., MICALLEF, L.G. and GRIMA, S., 2018. Drivers and Drawbacks of an External Auditing Career. International Journal of Economics and Business Administration, VI(3), pp. 21-46.

BEZZINA, F., GRIMA, S., 2018. Risk Management Practices Adopted by European Financial Firms with a Mediterranean Connection. IntechOpen., .

BEZZINA, F., CASSAR, V. and GRIMA, S., 2018. Case 12: Given proper attention when using Risk Management controls. In: M. SAUNDERS, P. LEWIS and A. THORNHILL, eds, Research Methods For Business Students. 8th edn. Harlow, UK: Pearson, .

CAMILLERI, S.J., GRIMA, L. and GRIMA, S., 2018. The Effect of Dividend Policy on Share Price Volatility: An Analysis of Mediterranean Banks' Stocks. Managerial Finance, (Emerald Group Publishing Ltd.), , pp. DOI (10.1108/MF-11-2017-0451).

GRIMA, S. and MARANO, P., eds, 2018. Contemporary Issues in Finance: Governance and Regulations' Contemporary Issues -Contemporary Studies in Economic and Financial Analysis, Volume 99. Emerald Group Publishing Limited. Volume 99 edn. Emerald Group Publishing Limited.

GRIMA, S. and MARANO, P., eds, 2018. Governance and Regulations' Contemporary Issues (Contemporary Studies in Economic and Financial Analysis, Volume 99). Volume 99 edn. US: Emerald Group Publishing Limited.

GRIMA, S. and THALASSINOS, E., eds, October, 2018. Contemporary Issues in Business and Financial Management in Eastern Europe - Contemporary Studies in Economic and Financial Analysis, Volume 100. Volume 100 edn. US: Emerald Group Publishing Limited.

GRIMA, S. and THALASSINOS, E., eds, 2018. Contemporary Issues in Business and Financial Management in Eastern Europe - Contemporary Studies in Economic and Financial Analysis, Volume 100. 100 edn. Emerald Group Publishing Limited.

GRIMA, S., GRIMA, A., THALASSINOS, E., SEYCHELL, S. and SPITERI, J.,V., 2018. A Study of the Detrminants of sports participants by Maltese Nationals. European Research Studies Journal, XXI(2), pp. 110-133.

GRIMA, S., SPITERI, J., MIHAJLO, J., CAMILLERI, C. and BUTTIGIEG, S., 2018. High Out-of-Pocket Health Spending in Countries with a Mediterranean Connection. Frontiers in Public Health, Health Economics., , pp. doi: 10.3389/fpubh.2018.00145.

JAKOVLJEVIC, M., CAMILLERI, C., RANCIC, N., GRIMA, S., JURISEVIC, M., GRECH, K. and BUTTIGIEG, C.S., 2018. Cold ward Legacy in Public and Private Health Spending in Europe. Frontiers in Public Health, Health Economics, .

MAZREKU, I., MORINA, F., MISIRI, V., SPITERI, J.V. and GRIMA, S., 2018. Determinants of the Level of Non.Performing Loans in Commercial Banks of Transition Countries. European Research Studies Journal, XXI(3), pp. 3-13.

MAZREKU, I., MORINA, F., MISIRI, V., SPITERI, J. and GRIMA, S., 2018. Exploring the Liquidity Risk Factors in the Balkan Region Banking System. European Research Studies Journal, 22(1), pp. 96-108.

MIGUELEZ, E., SPITERI, J. and GRIMA, S., 2018. Establishing the Contributing Factors to the Resurrection of PIIGS Banks following the Crisis: A Panel Data Analysis. International Journal of Economics and Business Administration, 6(4), pp. 105 -137.

OZEN, E. and GRIMA, S., 2018. Analysis of the Influencing Factors on the Farmers’ Take-up of Greenhouse Agricultural Insurance Cover: A Case Study. International Journal of Economics and Business Administration, 6(4), pp. 14-33-14-33.

ÖZEN, E., VURUR, S.N. and GRIMA, S., 2018. Investigation of Causality Between Interest Rate and Deposit Investor’s Behaviour. Broad Research in Artificial Intelligence and Neuroscience Journal (BRAIN), 9(4),.

ROMANOVA, I., GRIMA, S., SPITERI, J. and KUDINSKA, M., 2018. The Payment Services Directive 2 and Competitiveness: The Perspective of European FinTech Companies. European Research Studies Journal, XXI(2), pp. 5-24.

SCICLUNA, L., SEYCHELL, S., SPITERI, J. and GRIMA, S., 2018. The Maltese Financial Services Industry’s Perception on the Regulators: An Empirical Analysis. European Research Studies Journal, 22(1), pp. 16-56.

THALASSINOS, E. and AND GRIMA, S., eds, 2018. Structural and Financial Deficiencies in the ASEAN EC: Strategies Moving Forward. 14th International Conference on Applied Business & Economics. 14th International Conference on Applied Business & Economics. February 23rd to 24th, 2018. edn. Park Hotel Jl.DI. Panjaitan Kav 5 Cawang, East Jakarta Indonesia.: ISMA.

TULUS, S. and GRIMA, S., 2018. The Corporate Decision in Indonesia: A Result of Corporate Governance Requirements, Earnings Management and Audit Reports. In: S. GRIMA and P. MARANO, eds, Governance and Regulations' Contemporary Issues. Contemporary Studies in Economic and Financial Analysis, Volume 99 edn. Emerald Group Publishing Limited, pp. 183-206-Chapter 9.

ZAMMIT, M.L., SPITERI, J.V. and GRIMA, S., 2018. The Development of the Maltese Insurance Industry: A Comprehensive Study. Emerald Group Publishing Limited.

BALDACCHINO, P.J., BARTOLO, C. and GRIMA, S., 2017. The Role of the Maltese Public Accounts Committee in Public Accountability. Journal of Accounting, Finance and Auditing Studies., 3(4),.

BALDACCHINO, P.J., CAMILLERI, C., GRIMA, S. and BEZZINA, F., 2017. Assessing incentive and monitoring schemes in the corporate governance of Maltese cooperatives. European Research Studies Journal, XX(3A), pp. 179-197-Earlier version at the 5th OFEL International Conference on Governance, Management and Entrepreneurship, CIRU, Dubrovnik, Croatia, 7-8 April, 2017.

BALDACCHINO, P.J., FARRUGIA, L.M., and GRIMA, S., 2017. The Applicability of the Social Enterprise in a Small State: The Case of Malta, International OFEL Conference on Governance , Management and Entrepreneurship, 20th March 2017, Dubrovnik, Croatia, Volume: ISSN 2459- 6434.

CARUANA, J., FALZON, J. and GRIMA, S., 2017. Built-in Premium Effects within Exotic FX Options. Journal of Accounting, Finance and Auditing Studies., 3(1), pp. 37-51.

GRIMA, S., BEZZINA, F., ROMANOVA, I. and RUPEIKA-APOGA, R., eds, 2017. Contemporary Issues in Finance: Current Challenges from Across Europe. Contemporary Studies in Economic and Financial Analysis, Volume 98. Emerald Group Publishing Limited. . Volume 98 edn. Emerald Group Publishing Limited.

GRIMA, S. and CARUANA, L., 2017. The Effect of the Financial Crisis on Emerging Markets. A comparative analysis of the stock market situation before and after. European Research Studies Journal., XX(4B), pp. 727-753-Earlier version at the DIEM conference: Dubrovnik International Economic Meeting 3 (1), 228-254.

GRIMA, S., MARANO, P. and BEZZINA, F., 2017. The Impact of Solvency II and Relevant Implementing Measures on the Insurance Firm’s Risk-Management Maturity. In: P. MARANO and M. SIRI, eds, Insurance Regulation in the European Union. 1 edn. ISBN 978-3-319-61216-4/ 978-3-319-61215-7, D.O.I. 10.1007/978-3-319-61216-4.Palgrave Macmillan, pp. 179-197-Chapter 8.

GRIMA, S. and SAMMUT, S., 2017. A Study on the Impact of the Short Selling Ban on Fibs. International Journal of Economics and Business Administration, V(1), pp. 18-48-Earlier version at the International Applied Social Sciences (IASOS) Congress. 21-23rd September, 2017.

GRIMA, S., SEYCHELL, S. and BEZZINA, F., 2017. Investigating Factors Predicting Derivative Mishandling: A Sociological Perspective. European Research Studies Journal, xx(4A), pp. 3 to17.

GRIMA, S., GRIMA, A., THALASSINOS, E., SEYCHELL, S. and SPITERI, J.,V., 2017. Theoretical Models for Sport Participation: Literature Review. Journal of Economics and Business Administration, V(3), pp. 94-116.

BALDACCHINO, P.J., CAMILLERI, A., CUTAJAR, I., · GRIMA, S. and BEZZINA, F., 2016. The Participation of the Small Shareholder in the Annual General Meeting: A Reflection of Good Corporate Governance. European Journal of Economics and Management., 3(2), pp. 7-28-ISSN: 2056-7375.

CASSAR , N. and GRIMA, S., 2016. Analysis of Risk Parity Approach for Sovereign Fixed-Income Portfolios in Eurozone Countries. In: S. GRIMA and F. BEZZINA, eds, Contemporary Issues in Bank Financial Management (Contemporary Studies in Economic and Financial Analysis. Volume 97 edn. Emerald Group Publishing Limited, pp. 157-198.

GRIMA, S. and AND BEZZINA, F., eds, 2016. Contemporary Issues in Bank Financial Management - Contemporary Studies in Economic and Financial Analysis, Volume 97, Emerald Group Publishing Limited. Vol 97 edn. Emerald Group Publishing Limited.

GRIMA, S., ROMANOVA, I., BEZZINA, F. and CHETCUTI DIMECH, F., 2016. Alternative Investment Fund Managers Directive and Its Impact on Malta's Financial Service industry. International Journal in Economics and Business Administration, IV(1), pp. 70-85-Earlier Version at the International Conference University of Latvia 2014 - New Challenges of Economic and Business Development 2014, Page 51.

GRIMA, S., ROMANOVA, I. and BEZZINA, F., 2016. Misuse of Derivatives: Considerations for Internal Control. Contemporary Issues in Finance: Current Challenges from Across Europe, 98(Contemporary Studies in Economic and Financial Analysis), pp. 49-62.

GRIMA, S., · KLEIN, R.W., HELLMICH, M., KATTUMAN, P., ZHAO, R., BEZZINA, F. and LÉLÉ, P., 2016. Strengthening Value and Risk Culture Using a Real-time Logical Tool. ISACA Journal, 3, pp. 1-9.

HILI , J., PACE , D. and GRIMA, S., 2016. Equity Mutual Fund Performance Evaluation: An Emerging Market Perspective. In: S. GRIMA and F. BEZZINA, eds, Contemporary Issues in Bank Financial Management (Contemporary Studies in Economic and Financial Analysis. Volume 97 edn. Emerald Group Publishing Limited., pp. 93-132.

PACE, D., HILI, J. and GRIMA, S., 2016. Active versus Passive Investing: An Empirical Study on The US and European Mutual Funds and ETFs. In: GRIMA S. and F. BEZZINA, eds, Contemporary Issues in Bank Financial Management (Contemporary Studies in Economic and Financial Analysis. Volume 97 edn. Emerald Group Publishing Limited, pp. 1-35.

BUTTIGIEG, S.C., GRIMA, S. and CAMILLERI, C., 2015. Comparison of historical medical spending patterns among the BRICS and G7. Journal of Medical Economics., 19 (1)(1), pp. 70-76-DOI:10.3111/13696998.2015.1093493.

BEZZINA, F., GRIMA, S. and MAMO, J., 2014. Risk Management practices adopted by financial firms in Malta. Managerial Finance, (Emerald Group Publishing Ltd.), 40(6),.

ÖZEN, E., LETIFE, Ö., GRIMA, S. and BEZZINA, F., 2014. Investigating Causality Effects in Return Volatility among Five Major Futures Markets in European Countries with a Mediterranean Connection. Journal of Financial Management, Markets and Institutions, ISSN: 2282-717X(2 Il Mulino), pp. 207-220.

ZHAO, R., BEZZINA, F., LELE, P., GRIMA, S., KLEIN, R.W. and KATTUMAN, P., 2014. Potential Impact of IT-directed Investor Relationship Management (IRM) on Employment in G20 Countries. ISACA JOnline, 4(ISACA JOnline),.

BEZZINA, F., LELE, P., ZHAO, R., GRIMA, S., KLEIN, R.W. and HELLMICH, M., 2013. The Value in using IT-directed Investor Relationship Management. Information Systems Audit and Control Association Journal, 6.

BEZZINA, F., GRIMA, S. and FALZON, J., 2013. Accounting for the level of success of firms in achieving their objectives for using derivatives. Palgrave Macmillan Studies in Banking and Finance Institutions (Series Editor: P.Molyneux), ed.J.Falzon, Palgrave Macmillan, Basingstoke, , pp. 183-202.

BEZZINA, F. and GRIMA, S., 2012. Exploring factors affecting the proper use of derivatives: An empirical study with active users and controllers of derivatives. Emerald Group Publishing Ltd - Managerial Finance, 38(4), pp. 414 - 435.

  • BKF4240 - Risk Management
  • BKF5500 - Corporate Finance
  • HSM5112 - Governance and Performance, Quality Management and Patient Safety
  • HSM5116 - Basic Principles of Clinical Risk Management
  • INS1000 - Introduction to Insurance and Risk Management
  • INS2011 - Internship 1
  • INS2019 - Insurance Accounting Principles
  • INS3014 - Internship 2
  • INS4000 - Non-Life and Life Insurance - Simulation Games
  • INS4195 - Health and Captives Insurance - Simulation Games
  • INS5000 - Governance, Risk and Compliance (GRC)
  • INS5007 - IT Risk Management
  • INS5009 - Risk Management Theory and Practice
  • INS5019 - Applied Corporate Finance
  • INS5021 - University and Technical Experiences
  • INS5022 - Advanced Enterprise Risk Management
  • PPL5102 - Business Continuity Planning
Awards: Outstanding Reviewer for Journal of Financial Regulation and Compliance in the 2017
Emerald Literati Awards. http://www.emeraldgrouppublishing.com/authors/literati/awards.htm?
year=2017&journal=jfrc
Visiting Lecturer - Università Cattolica del Sacro Cuore - Milan
- The University of Latvia - Riga

Co-Chief Editor: Journal of Accounting, Finance and Auditing Studies (JAFAS)
http://jafas.org/ - since 2017
Editorial Board: European Research Studies Journal (ERJS) - http://www.ersj.eu/ since 2017
International Journal of Economics & Business Administration (IJEBA) - http://www.ijeba.com/
since 2018
Insurance Markets and Companies - https://businessperspectives.org/journals/insurance-
markets-and-companies-analyses-and-actuarial-computations since 2018
International Business and Accounting Research Journal (IBARJ) -
http://ibarj.com/index.php/ibarj - since 2018
AIDA Europe Research Studies on Insurance Law and Regulation - Springer
Reviewer and Occasional Editor/Reviewer
The European Law Students' Association Malta Law Review
IMC Journal of Medical Science
JOURNAL OF BUSINESS AND ECONOMIC MANAGEMENT http://academiapublishing.org/jbem
Managerial Auditing Journal – Emerald Insight www.emeraldgrouppublishing.com/maj.htm
Managerial Finance Journal – Emerald Insight
http://www.emeraldinsight.com/loi/mf
Journal of Financial Regulations and Compliance – Emerald Insight
http://www.emeraldinsight.com/journal/jfrc
Journal of Risk Finance – Emerald Insight
http://www.emeraldinsight.com/journal/jrf
Bank Of Valletta Review - https://www.bov.com/pjazza/bov-review---past-editions
Risk Governance & Control: Financial Markets & Institutions. Virtus Interpress
https://virtusinterpress.org/-Risk-Governance-and-Control-.html
Advances in Healthcare Management, Volume 17. Special Issue: International Best Practices in
Health Care Management
Insurance Regulation in the European Union – Palgrave Macmillan
Bank Stability, Sovereign Debt and Derivatives – Palgrave Macmillan

Review Editor: Frontiers in Public Health, Health Economics Journal-
https://www.frontiersin.org/journals/public-health/sections/health-economics – Since 2018
The Editorial Board of Mathematical Finance, a speciality of Frontiers in Applied Mathematics
and Statistics - https://www.frontiersin.org/journals/applied-mathematics-and-statistics
since 2018
Editorship - Occasional
• The European Law Students' Association Malta Law Review
• IMC Journal
• Journal of Business and Economic Management
• BOV Review

https://www.um.edu.mt/_templates/staffprofiles