University of Piraeus, Department of Banking & Financial Management
PhD in Finance
2014
Athens University of Economics and Business (AUEB), Greece
MSc in Economics with specialization in Applied Economics and Finance
2005
University of Piraeus, Greece
BSc in Economics with specialization in Industrial Issues
2003
RTIN’s Finance and Corporate Finance area covers research activities related to money management, which involves practices such as spending, borrowing, lending, budgeting, saving, and forecasting by investigating the three primary forms of finance: personal, corporate, and public/government finance are. In addition, because finance is the study of financial decision-making process, this area examines the financing, investment and payout policy decision making process of individuals, corporations and governments. Individuals and corporations make financial decisions every day, and it is important to make them wisely. Specifically, corporations are making difficult and important decisions on their investment, financing, and payout policies. Since capital markets are neither perfect nor complete, all these decisions interact with one another, that is, payout policy is closely related and interact with most of the financial and investment decisions corporations make. For example, management and the board of directors must decide the level of dividends, what repurchase to make, the amount of financial slack the corporation carries, investment in real assets, mergers and acquisitions, debt issuance and environmental, social and governance investments. The quality of these decision-makings directly impacts corporations’ success and even survival, as these decisions are interrelated. Because every decision that a corporation makes has financial implications, and any decision that affects a corporation’s finances is a corporate finance decision. Corporate finance aims to aid corporations’ decision-making process by providing scientific evidence on the interactions and impacts between investment, financing and payout policies, which contributes to the company’s success; thus having a direct impact on the economy and society because the success of the corporations is the foundation of a healthy economy and society—defined broadly, everything that a corporation does fits under the rubric of corporate finance. So, corporate finance is more than a combination of equations, metrics and models is a set of basic principles that direct the way corporations operate and these principles will be investigated in Finance and Corporate Finance area.
Dr. Panagiotis Asimakopoulos has taught undergraduate and graduate finance and economic courses such as corporate finance, topics in finance financial mathematics, derivatives and risk management, mathematical economics, investment, financial modeling and financial accounting. His research interests principally concentrate on the area of corporate finance and payout policy. Other primary areas of academic interest are the examination of cash holding behaviors, mergers and acquisitions, and sustainable finance and governance. His research has been presented in several national and international conferences and published in highly ranked peer-reviewed international journals in Finance such as the Journal of Financial and Quantitative Analysis (JFQA), the Journal of Financial Stability (JFS), the European Journal of Finance (EJF), and the Journal of International Review of Financial Analysis (IRFA).
“Dividend smoothing and credit rating changes” (with Stylianos Asimakopoulos and Zhang Aichen), 2021 The European Journal of Finance (ABS 3*). Vol. 27, Issue 1-2, pp 62-85
“Cash holdings of listed and unlisted firms: New evidence from the euro area,” (with Stylianos Asimakopoulos and Filipa Da Silva Fernandes), 2019 The European Journal of Finance (ABS 3*). Vol. 25, Issue 17, pp 1708-1729
“Fiscal policy with banks and financial frictions” (with Stylianos Asimakopoulos), 2017 Journal of Financial Stability, (ABS 3*). Vol. 40, pp 94-109
“Time-disaggregated dividend-price ratio and dividend growth predictability in large equity markets” (with Stylianos Asimakopoulos, Nikolaos Kourogenis, and Emanouil Tsiritakis). 2017 Journal of Financial and Quantitative Analysis (ABS 4*). Vol. 52, Issue 5, pp 2305-2326
“Price adjustment method and ex-dividend day returns in a different institutional setting” (with Nikolaos Tsagarakis and Emanouil Tsiritakis), 2015 International Review of Financial Analysis, (ABS 3*). Vol. 41, pp 1-12