Dr Panayiotis C. Andreou



Associate Professor of Finance
Cyprus University of Technology
Dept. of Commerce, Finance and Shipping
115, Spyrou Araouzou Str.
3036 Lemesos, Cyprus
Tel.: +357 25002286
Fax.: +357 25002816
Email:panayiotis.andreou@cut.ac.cy
panayioti_profile-200x200

PUBLISHED ARTICLES

Articles in Refereed Journals

Measuring Firms’ Market Orientation Using Textual Analysis of 10-K Filings

(with T. Harris and D. Philip). British Journal of Management , forthcoming.

Dispersion in options investors’ versus analysts' expectations: Predictive inference for stock returns

(with A. Kagkadis, P. Maio and D. Philip). Critical Finance Review, forthcoming.

Corporate Environmental Proactivity: Evidence from the European Union’s Emissions Trading System

(with N. Kellard). British Journal of Management, forthcoming.

Valuation effects of overconfident CEOs on corporate diversification and refocusing decisions

(with J.A. Doukas, D. Koursaros and C. Louca). Journal of Banking and Finance, March 2019, pg. 182-204.

The information content of forward moments

(with A. Kagkadis, D. Philip and A. Taamouti). Journal of Banking & Finance, September 2019, pg. 527-541.

Managerial overconfidence and the buyback anomaly

(with I. Cooper, I. Lopez and C. Louca). Journal of Empirical Finance, December 2018, pg. 142-156.

Financial knowledge among university students and implications for personal debt and fraudulent investments

(with D. Philip). Cyprus Economic Policy Review, December 2018, pg. 3-23.

Differences in options investors’ expectations and the cross-section of stock returns

(with A. Kagkadis, D. Philip and R. Tuneshev). Journal of Banking and Finance, September 2018, pg. 315-336.

CEO duality, agency costs, and internal capital allocation efficiency

(with N. Aktas, I. Karasamani and D. Philip). British Journal of Management, January 2018, pg. 1467-8551.

The impact of managerial ability on crisis period corporate investment

(with I. Karasamani, C. Louca and D. Ehrlich). Journal of Business Research, October 2017, vol. 79, pg. 107-122.

Bank loan loss accounting treatments, credit cycles and crash risk

(with I. Cooper, C. Louca and D. Philip). British Accounting Review, September 2017, vol. 49(5), pg. 474–492.

CEO age and stock price crash risk

(with C. Louca and A. Petrou). Review of Finance, May 2017, vol. 21(3), pg. 1287–1325.

Corporate governance and firm-specific stock price crashes

(with C. Antoniou, J. Horton and C. Louca). European Financial Management, November 2016, vol. 22(5), pg. 916–956.

Short-horizon event study estimation with a STAR model and real contaminated events

(with C. Louca and C. Savva). Review of Quantitative Finance and Accounting, October 2016, vol. 47(3), pg. 673–697.

Organizational learning and corporate diversification performance

(with C. Louca and A. Petrou). Journal of Business Research, September 2016, vol. 69(9), pg. 3270–3284.

Bank liquidity creation and risk-taking: Does managerial ability matter?

(with D. Philip and P. Robejsek). Journal of Business, Finance and Accounting, January 2016, vol. 43(1-2), pg. 226–259.

The impact of vertical integration on inventory turnover and operating performance

(with C. Louca and Ph. Panayides). International Journal of Logistics Research and Applications, August 2015, vol. 19(3), pg. 218–238.

Effects of market default risk on index option risk-neutral moments

Quantitative Finance, December 2014, vol. 15(12), pg. 2021–2040.

Corporate governance, financial management decisions and firm performance: Evidence from the maritime industry

(with C. Louca and Ph. Panayides). Transportation Research Part E: Logistics and Transportation Review, March 2014, vol. 63(1), pg. 59–78.

Assessing the performance of symmetric and asymmetric implied volatility functions

(with C. Charalambous and S. Martzoukos). Review of Quantitative Finance and Accounting, April 2014, vol. 42(3), pg. 373–397.

Valuation effects of mergers and acquisitions in freight transportation

(with C. Louca and Ph. Panayides). Transportation Research Part E: Logistics and Transportation Review, November 2012, vol. 48(6), pg. 1221–1234.

Generalized parameter functions for options pricing

(with C. Charalambous and S. Martzoukos). Journal of Banking and Finance, March 2010, vol. 34(3), pg. 633–646.

Pricing and trading European options by combining artificial neural networks and parametric models with implied parameters

(with C. Charalambous and S. Martzoukos). European Journal of Operational Research, March 2008, vol. 185(3), pg. 1415–1433.

Empirical investigation of stock index futures market efficiency: The case of the Athens derivatives exchange

(with Y. Pierides). European Journal of Finance, April 2008, vol. 14(3), pg. 211–223.

Robust artificial neural networks for pricing of European options

(with C. Charalambous and S. Martzoukos). Computational Economics, May 2006, vol. 27(2), pg. 329–351.

Trade opportunities for the Athens derivatives exchange

(with Y. Pierides). Derivatives Use, Trading & Regulation, October 2004, pg. 268–282.

Articles in Refereed Conference Proceedings

European option pricing by using the support vector regression approach .

(with C. Charalambous and S. Martzoukos). Lecture Notes in Computer Science, August 2009, vol. 5768, pg. 874–883.

Option pricing and trading with artificial neural networks and advanced parametric models with implied parameters

(with C. Charalambous and S. Martzoukos). IEEE International Joint Conference on Neural Networks, July 2004, vol. 4, pg. 2741–2746.

Critical assessment of option pricing methods using artificial neural networks

(with C. Charalambous and S. Martzoukos). Lecture Notes in Computer Science, August 2002, vol. 2415, pg. 1131–1136.

Professional Magazines

Featuring of CEO duality, agency costs and internal capital allocations

in the Harvard Law School Forum on Corporate Governance and Financial Regulation (December 5, 2016).

Featuring of A volatility smirk that defaults: The case of the S&P 500 index options (early version of “Effects of market default risk on index option risk-neutral moments”)

in the article by David C. Shimko, entitled “The search for (useful) disaster indicators”, Risk Professional Magazine of the Global Association of Risk Professionals (October 2009, pages 58-61)

Book Chapters

Supply chain integration of shipping companies

(with Ph. Panayides, R. Wiedmer and C. Louca). In: Song, D-W., Panayides, Ph.M. (editors) Maritime Logistics: A Complete Guide to Effective Shipping and Port Management, 1st ed. London Kogan Page, pp. 101-124.

A critical review of the ship investment literature

(with I. Karasamani). In: Panayides, Ph.M. (editor) The Routledge Handbook of Maritime Managements, Routledge International Handbooks, 1st ed. Routledge, pp. 203-220.

WORKING PAPERS

Financial Distress Risk and Stock Price Crashes

(with C. Andreou and N. Lambertides).

Institutional Ownership and Firms’ Thrust to Compete

(with F. Fiordelisi, T. Harris and D. Philip).

Financial Literacy and Its Influence on Consumers’ Internet Banking Behaviour

(with S. Anyfantaki).

MEDIA

Cypriots failing on their financial matters

Politis, September 16, 2019

The role of financial education in wealth inequality

Economy Today, July 1, 2019

Cypriots lag behind the current banking developments

Economy Today, May 8, 2019

Tertiary education to introduce «Personal Finance» module

H Kathimerini, November 25, 2018

On the 2nd Forum of Economic and Social Policy

Paidia-News, November 9, 2018

Outcome of the 2nd Forum of Economic and Social Policy

RIK TV, November 5, 2018

The financial illiteracy problem in Cyprus

Paidia-News, March 25, 2018

Financial illiteracy and its externalities on economic and social welfare matters

24h News, March 25, 2018

Financial Illiteracy in Cyprus

Sigma TV, February 23, 2018

Financial illiteracy among Cypriot students: Presentation and discussion of the findings

RIK TV, November 9, 2017

Financial illiteracy: The problem, consequences and remedies

RIK TV, November 4, 2017

Financial illiteracy among Cypriot undergraduate students

Athens Exchange Group Channel, April 19, 2017. Keynote speech during the 1st Financial Literacy Conference, held at Athens Stock Exchange.

Financial illiteracy in Cyprus

Phileleftheros Newspaper & Philenews.com, November 28, 2016

Discussion of a pilot survey on financial illiteracy in Cyprus

Sigma TV, November 9, 2016

Financial illiteracy is a real problem in Cyprus

InBusinessNews, November 4, 2016, by Antonis Adamou.

MISCELLANEOUS

Introductory Course to Matlab with Financial Case Studies (manual)

Introductory Course to Matlab with Financial Case Studies (slides)

Introductory Course to Matlab with Financial Case Studies (additional slides)

Matlab files for: Introductory Course to Matlab with Financial Case Studies (programming code in Matlab - Rar Files)

Matlab files for: Introductory Course to Matlab with Financial Case Studies (programming code in Matlab - Zip Files)