2011

Anagnostopoulou, S. (2011), “Analyst forecast dispersion, R&D and stock returns: evidence from the UK”, Advances in Financial Planning and Forecasting, forthcoming.

Chalamandaris, G. and A. E. Tsekrekos (2011), “How important is the term structure in implied volatility surface modeling? Evidence from foreign exchange options”, Journal of International Money and Finance, vol. 30, no. 4, pp. 623-640.

Drakos, K. and C. Muller (2011), “Terrorism Risk Perception in Europe”, Economics Letters, forthcoming.

Drakos, K. (2011), “Testing Uncertainty’s Effect in Real Options Theory with Multiple Capital Goods”, Economica, vol. 78, no 310, pp. 330-346.

Drakos, K. (2011), “Extent and Intensity of Investment with Multiple Capital Goods”, Applied Economics, forthcoming.

Drakos, K. (2011), “Daily trading activity and return volatility: stock-level evidence from a small euro area market”, International Review of Applied Economics, forthcoming.

Drakos, K. (2011), Economics of Security: A Guide to Data Availability and Needs”, Defence and Peace Economics, forthcoming.

Drakos, K. (2011) “Behavioural channels in the cross-market diffusion of major terrorism shocks”, Risk Analysis, vol. 31, no 1, pp. 143-159.

Georgoutsos, D. and P. Migiakis, (2011), “Benchmark bond interactions under regime shifts”, European Financial Management, forthcoming.

Hevas, D. and G. Siougle (2011), “The differential information content of loss components under a conservative accounting regime”, Managerial Finance, vol. 47, issue 4, pp.316–333.

Kavussanos, M.G. and Visvikis, I., (2011). “The Predictability of Non-Overlapping Forecasts: Evidence from a New Market”, Multinational Finance Journal, Vol. 15, No 1&2.

Spyrou, S., Tsekrekos, A. E. and G. Siougle (2011), “Informed trading around merger and acquisition announcements: Evidence from the UK equity and options markets”, Journal of Futures Markets, vol. 31, no. 8, pp. 703-726.

Spyrou, S.I., “Are market shocks anticipated by traders? Evidence from major equity and index options markets” (2011), International Review of Financial Analysis, forthcoming.

Tsekrekos, A. E., Shackleton, M. B. and R. Wojakowski (2011), “Evaluating natural resource investments under different model dynamics: Managerial insights”, European Financial Management, forthcoming.

Tsekrekos, A. E. and G. Kanoutos (2011), “Real options premia implied from recent transactions in the Greek real estate market”, Journal of Real Estate Finance and Economics, forthcoming.

Vlismas O. and G. Venieris (2011), “Towards an ontology for the intellectual capital domain”, Journal of Intellectual Capital, vol. 12, no 1, pp. 75-110.

2010

Anagnostopoulou, S. (2010), “Does the capitalization of development costs improve analyst forecast accuracy?: evidence from the UK”, Journal of International Financial Management and Accounting, vol. 21, no. 1, pp. 62-83.

Chalamandaris, G. and A. E. Tsekrekos (2010), “Predictable dynamics in implied volatility surfaces from OTC currency options”, Journal of Banking and Finance, vol. 34, no. 6, pp.1175-1188.

Chalamandaris, G. and A. E. Tsekrekos (2010), “The correlation structure of FX option markets before and since the financial crisis”, Applied Financial Economics, vol. 20, no. 1-2, pp. 73-84.

Dedoussis, E. and A. Papadaki, (2010), "Investment spending and corporate governance: Evidence from the ASE listed firms", Managerial Finance, vol. 36, no. 3, pp. 201–224.

Dedoussis, E. and A. Papadaki, (2010), "Corporate governance and investment: Domestic and foreign firms in Greece ", Managerial Finance, vol. 36, no. 3, pp. 174–200.

Demirakos, E., N. Strong and M. Walker (2010), “Does valuation model choice affect target price accuracy?”, European Accounting Review, vol. 19, no. 1, pp. 35-72.

Dimitrakopoulos, D., Kavussanos, M.G. and Spyrou S. (2010). “Value at Risk Models for Volatile Emerging Markets Equity Portfolios”, Quarterly Review of Economics and Finance, vol. 50, no. 4, pp. 515-526.

Drakos, K. and E. Goulas (2010) “Investment in Greek Manufacturing under Irreversibility and Uncertainty: The Message in Used Capital Expenditures”, Applied Economics, vol. 42, no 14, pp. 1797-1809.

Drakos, K. (2010), “Terrorism Activity, Investor Sentiment and Stock Returns”, Review of Financial Economics, vol. 19, no 3, pp. 128-135.

Drakos, K. (2010), “The determinants of terrorist shocks’ cross-market transmission”, Journal of Risk Finance, vol. 11, no 2, pp. 147-163.

Giamouridis, D. and S. Paterlini (2010), “Regular(ized) Hedge Fund Clones”, Journal of Financial Research, vol. 33, no. 3, pp. 223–247.

Karathanasis, G., Spyrou, S.I., K. Kassimatis (2010), “Size & Momentum in European Equity Markets: Findings from a time-varying CAPM”, Accounting & Finance, vol. 50, no. 1, pp. 143-169.

Kavussanos, M.G., Visvikis, I., and Dimitrakopoulos, D. (2010), ‘Information linkages between panamax freight derivatives and commodity derivative markets’, Maritime Economics and Logistics, vol. 12, no.1, pp. 91-110.

Rompolis, L. S. (2010), “Retrieving risk neutral densities from European option prices based on the principle of maximum entropy”, Journal of Empirical Finance, vol. 17, no. 5, pp. 918-937.

Rompolis, L. S. and E. Tzavalis (2010), “Risk premium effects on implied volatility regressions”, Journal of Financial Research, vol. 33, no. 2,pp. 125-151.  

Spyrou, S. and G. Siougle (2010), Stock price reaction to M&A announcements: Evidence from the London Stock Exchange”, Journal of Money Investment and Banking, Issue 16.

Tsekrekos, A. E. (2010), “The effect of mean reversion on entry and exit decisions under uncertainty”, Journal of Economic Dynamics and Control, vol. 34, no. 4, pp. 725-742.

 

2009

Brar, G., D. Giamouridis, and M. Liodakis (2009), “Predicting European takeover targets”, European Financial Management, vol. 15, no. 2, pp. 430–450.

Chalamandaris, G. and A. E. Tsekrekos (2009), “Common factors and causality in the dynamics of implied volatility surfaces: Evidence from the FX OTC market”, Journal of Economic Asymmetries, vol. 6, no. 1, pp. 49-74.

Drakos, K. and N. Giannakopoulos (2009). “An Econometric Analysis of Counterterrorism Effectiveness: The Impact on Life and Property Losses”, Public Choice, vol. 139, no 1, pp. 135-151.

Dupleich Ulloa, M. R., D. Giamouridis, S. Mesomeris, and N. Noorizadeh (2009), “Unbundling Hedge Fund Beta”, Journal of Asset Management, vol. 11, no. 1, pp. 19–30 (Lead article).

Giamouridis, D. and I. Ntoula (2009), “A comparison of alternative approaches for determining the downside risk of hedge fund strategies”, Journal of Futures Markets, vol. 29, no. 3, pp. 244–269.

Hevas D., Siougle, G. and C. Staikouras (2009), “The accounting valuation of bank stocks in Europe”, Journal of Modern Accounting and Auditing, vol. 5, no.1.

Leledakis G.N., G.J. Papaioannou, N.G. Travlos and N.V. Tsangarakis (2009), “Stock Split in a Neutral Transaction Cost Environment: Evidence from the Athens Stock Exchange”, Journal of Multinational Financial Management, vol. 19, no 1, pp. 12-25.

Spyrou, S.I., K. Kassimatis (2009) “Time-variation in the Value Premium and the CAPM: Evidence from European Markets”, Applied Financial Economics, vol. 19, pp. 1899-1914

Spyrou, S.I. and D. Dimitrakopoulos (2009), “Measuring Market Risk for Financial Assets with Moderate Tail Fatness: The Case of Global Government Bond Portfolios” International Journal of Decision Sciences, Risk and Management, vol. 1, pp. 199-212.

Zorgios Y., O. Vlismas and G. Venieris (2009), “A learning curve explanatory theory for team learning valuation”, VINE : The Journal of Information and Knowledge Management Systems: Special Issue, vol. 39, no 1, pp. 20-39.

2008

Anagnostopoulou, S. (2008), “R&D expenses and firm valuation: a literature review”, International Journal of Accounting and Information Management, vol. 16, no. 1, pp. 5-24.

Anagnostopoulou, S., and M. Levis (2008), “R&D and performance persistence: evidence from the UK”, International Journal of Accounting, vol. 43, no. 3, pp. 293-320.

Bekiros, S. and D. Georgoutsos, (2008) “Nonlinear dynamics in financial asset returns:  The predictive power of the CBOE Volatility Index, European Journal of Finance, vol. 14, no 5-6, pp. 397-408.

Bekiros, S. and D. Georgoutsos, (2008) “The extreme-value dependence of Asia-Pacific equity markets”, Journal of Multinational Financial Management, vol. 18, no. 3, pp. 197-208.

Bekiros, S., and D. Georgoutsos, (2008) “Direction-of-change forecasting using a volatility based recurrent neural network”, Journal of Forecasting, vol. 27, pp. 407-417.

Bekiros, S. and D. Georgoutsos, (2008), “Extreme returns and the contagion effect between the foreign exchange and the stock market: Evidence from Cyprus”, Applied Financial Economics, vol. 18, pp. 239-254.

Bekiros, S. and D. Georgoutsos, (2008), “Evaluating direction-of-change forecasting: Neurofuzzy models vs neural networks”, Mathematical and Computer Modelling, vol. 46, pp. 38-46.

Diamandis, P., Georgoutsos, D., and G.Kouretas, (2008), “Testing the forward rate unbiasedness hypothesis during the 1920s”, Journal of International Financial Markets, Institutions and Money, vol. 18, no. 4, pp. 358-373.

Drakos, K. and E. Goulas (2008), The Relative Importance of Sector and Country Factors for Leasing Penetration Rates across European Industries”, Applied Economics Letters, vol. 15, no 15, pp. 1197-1200.

Drakos, K. and E. Goulas (2008), “Irreversible Investment under Uncertainty: The Message in Leasing Expenditures”, International Journal of Monetary Economics and Finance, vol. 1, no 4, pp. 412-426.

Drakos, K. and E. Goulas (2008), “Asset and Lessee Heterogeneity as Determinants of Leasing Contracts Maturity Structure in Europe”, International Research Journal of Finance and Economics, vol. 15, pp. 72-77.

Episcopos, A. (2008) Bank capital regulation in a barrier options framework, Journal of Banking and Finance 32: 1677-1686.

Ghicas, D., Papadaki, A., Siougle, G. & T. Sougiannis (2008), “The relevance of quantifiable audit qualifications in the valuation of IPOs”, Review of Accounting Studies, vol. 13 , no. 4, pp. 512-550.

Kavussanos, M.G., P. Alexakis and I. Visvikis (2008), ‘The lead-lag relationship between cash and stock index futures in a New Market’, European Financial Management, vol. 14, no. 5, pp. 1007-1025.

Kavussanos, M.G. and Visvikis, I., (2008), ‘Hedging effectiveness of the Athens Stock Exchange futures index contracts’, The European Journal of Finance, vol. 14, no 3 , pp 243-270.

Rompolis, L. S. and E. Tzavalis (2008), “Recovering risk neutral densities from option prices: A new approach”, Journal of Financial and Quantitative Analysis, vol. 43, no. 4, pp. 1037-1054.

Spyrou, S.I., K. Kassimatis, E. Galariotis “Short-term patterns in government bond returns following market shocks: international evidence” (2008) International Review of Financial Analysis, vol.17, pp. 903-924.

Venieris G. and S. Cohen (2008), “Flexibility in manufacturing and activity based costing: Modelling the interrelationships”, Journal of Applied Business Research, vol. 24, no 2, pp. 81-96.

Vrontos S.D., I.D. Vrontos, and D. Giamouridis (2008), “Hedge fund pricing and model uncertainty”, Journal of Banking and Finance, vol. 32, no. 5, pp. 741 – 753.

2007

Chalamandaris G. (2007), “Pricing multicallable range accrual bonds with the Libor market model”, Managerial Finance, vol. 33, no. 5, pp. 292-308.

 

Cohen S., Papadaki A. and G. Siougle (2007), “SEOs in a “hot market”: Evidence of timing”, Applied Financial Economics, vol. 17, no. 14, pp. 1179-1190.

Drakos, K., (2007), “The Size of Under-reporting Bias in Recorded Transnational Terrorist Activity”, Journal of the Royal Statistical Society (Series A, Statistics in Society), vol. 170, no 4, pp. 909-921.

Drakos, K. (2007), “Efficiency and Formation of Expectations: Evidence from the European Investment Survey”, Applied Economics, vol. 40, no 8, pp. 1015-1022.

Drakos, K. and C. Kallandranis (2007), “Investment and Cash Flow: Evidence for Asymmetries in European Manufacturing”, Applied Financial Economics, vol. 17, no 14, pp. 1191-1200.

Drakos, K. and E. Goulas (2007), “Modelling Leasing Penetration Rates in European Industries”, Empirical Economics Letters, vol. 6, no 6, pp. 493-499.

Drakos, K. and P. Zachouris (2007), “Performance Persistence in the Greek Mutual Fund Market”, Global Business and Economics Review, vol. 9, no 1, pp. 75-91.

Drakos, K., E. Goulas, and C. Kallandranis (2007), “New vs. Used Capital Investment Decisions under Liquidity Constraints”, Applied Financial Economics Letters, vol. 3, no 1, pp. 15-18.

Drakos, K. and C. Kallandranis (2007), “Financial Considerations and Investment Decisions: A Literature Review”, Briefing Notes in Economics, vol. 72, pp. 1-14.   

Flamouris, D. and D. Giamouridis (2007), “Approximate Basket Option Valuation for a Simplified Jump Process”, Journal of Futures Markets, vol. 27, no. 9, pp. 819 – 837 (Lead article).

Giamouridis, D. and I.D. Vrontos (2007), “Hedge fund portfolio construction: A comparison of static and dynamic approaches”, Journal of Banking and Finance, vol. 31, no. 1, pp. 199–217.

Kavussanos, M.G., Visvikis, I. and Goulielmou, M. (2007), ‘An investigation of the use of risk management and shipping derivatives-The case of Greece’, International Journal of Transport Economics, vol. 34, no. 1, pp. 49-68

Papadaki A. and G. Siougle (2007), “Value relevance of price, earnings and book values in the Athens Stock Exchange”, Managerial Finance, vol. 33, no. 5, pp. 309–320.

Rompolis, L. S. and E. Tzavalis (2007), “Retrieving risk neutral densities based on risk neutral moments through a Gram-Charlier Series Expansion”, Mathematical and Computer Modeling, vol. 46, no. 1-2, pp. 225-234.

Siougle, G. (2007), “Accounting information and the valuation of seasoned equity offerings (SEOs)”, International Journal of Accounting, vol. 42, no. 4, pp.380-395.

Siougle, G. (2007), “Earnings forecasts in SEO prospectus: Evidence from an emerging market”, Journal of Emerging Markets Finance, vol. 6, no. 3, pp. 249-267.

Spyrou, S. and G. Siougle (2007), “Mergers & acquisitions of non-financial firms in Europe: The case of the Athens Stock Exchange”, Applied Economics Letters, vol. 14, no. 7, pp. 523-527.

Spyrou, S.I., K. Kassimatis, E. Galariotis (2007), “Short-term Overreaction, Underreaction and Efficient Reaction: Evidence from the London Stock Exchange”, Applied Financial Economics, vol. 17, pp. 221-235

Spyrou, S.I. and G. Siougle (2007), “Mergers & Acquisitions of Non-Financial Firms in Europe: The Case of the Athens Stock Exchange”, Applied Economics Letters, vol. 14, no. 7, pp. 523-528

2006

Antoniou, A., Spyrou, S.I. and E. Galariotis (2006), “The effect of time-varying risk on the profitability of contrarian investment strategies in a thinly traded market: A Kalman filter approach”, Applied Financial Economics, vol. 16, no. 18, pp. 1317-1329.

Antoniou, A., Spyrou, S.I. and E. Galarioti (2006), “Short-term contrarian strategies in the London Stock Exchange: Are they profitable? Which factors affect them?” (2006) Journal of Business Finance & Accounting, vol. 33, no. 5-6, pp. 839-867.

Drakos, K. and E. Goulas (2006), Investment and Conditional Uncertainty: The Role of Market Power, Irreversibility, and Returns-to-Scale”, Economics Letters, vol. 96, pp. 169-175.

Drakos, K. and A. Gofas (2006), “In Search of the Average Transnational Terrorist Attack Venue”, Defence and Peace Economics, vol. 17, no 2, pp. 73-93.

Drakos, K. and C. Kallandranis (2006), “Modelling Labour Demand Dynamics beyond the Frictionless Environment”, Labour: Review of Labour Economics and Industrial Relations, vol. 20, no 4, pp. 699-720.

Drakos, K., (2006), “A Note on Uncertainty and Investment across the Spectrum of Irreversibility”, Applied Economics Letters, vol. 13, no 20, pp. 877-880.

Drakos, K. and A. Gofas (2006), “The Devil you Know but Fail to Face: Underreporting Bias and Its Distorting Effects in the Study of Terrorism”, Journal of Conflict Resolution, vol. 50, no 5, pp. 714-735.

Drakos, K., (2006), “Asymmetries in the Term Structure Sensitivity of Investment Grade Credit Spreads”, International Journal of Applied Business and Economic Research, vol. 4, no 1.

Giamouridis, D. (2006), “Estimation risk in financial risk management: A correction”, Journal of Risk, vol. 8, no. 4, pp. 121 - 125.

Karanikas, E., G. N. Leledakis and E. Tzavalis (2006), Structural Changes in Expected Stock Returns Relationships: Evidence from ASE”, Journal of Business Finance and Accounting, vol. 33, no 9 & 10, pp. 1610-1628.

Kavussanos, M.G. and Visvikis, I., (2006). “Shipping Freight Derivatives: A survey of recent evidence”, Maritime Policy and Management, vol. 33, no 3, pp 233-255.

Spyrou, S.I. (2006), “Unobservable information and behavioral patterns in futures markets: The Case for Brent Crude Oil, Gold, and Robusta Coffee Contracts”, Derivatives, Use, Trading & Regulation, vol. 12, no. 1-2, pp. 48-59


 

2005

Antoniou, A., Spyrou, S.I. and E. Galariotis (2005), “Contrarian Profits and the Overreaction Hypothesis: The Case of the Athens Stock Exchange”, European Financial Management, vol. 11, no. 1, pp. 71-98

Bekiros, S. and D. Georgoutsos, (2005), “Estimation of value at risk by extreme value and conventional methods: A comparative evaluation of their predictive performance”, Journal of International Financial Markets, Institutions and Money, vol. 15, no. 3, pp. 209-228.

Cohen S., G. Venieris and E. Kaimenaki (2005), “ABC: Adopters, supporters, deniers and unawares”, Managerial Auditing Journal, vol. 20, no 8 & 9, pp. 981-1000.

Drakos, K. and C. Kallandranis (2005), “Firm-Specific Attributes of Financing Constraints: The Case of Greek Listed Firms”, Investment Management & Financial Innovations, vol. 2, pp. 98-110.

Drakos, K, (2005), “The Elasticity of Substitution across Maturities in International Capital Markets: A Simple Test”, Journal of Economic Integration, vol. 20, no 4, pp. 727-745.

Drakos, K. and C. Kallandranis (2005), “Investment and Cash Flow: Evidence from Greek Listed Companies”, Applied Economics Quarterly, vol. 51, no 4, pp. 323-344.

Drakos, K. and A. Kutan (2005), “Why Do Financial Markets Move Together: An Analysis of Greek and Turkish Markets”, Eastern European Economics, vol. 43, no 4, pp. 5-26.  

Drakos, K. and P. Konstantinou (2005), “Competition and Contestability in Transition Banking: An Econometric Analysis”, South-Eastern Europe Journal of Economics, vol. 3, no 2, pp. 187-209.

Giamouridis, D. (2005), “Inferring option-implied investors’ risk preferences”, Applied Financial Economics, vol. 15, no. 7, pp. 479–488.

Hevas, D., Iriotis, N. & A. Papadaki (2005), “Une etude empirique de la pertinence de la valeur des credits d’impots a l’investissement”, Espace Europe, Pepse 1

Papadaki A. (2005), Discussion of “Why do national GAAP differ from IAS? The role of culture”, The International Journal of Accounting, vol. 40, no. 4, pp. 351-358

Spyrou, S.I., “Index Futures Trading and Spot Price Volatility: Evidence from an Emerging Market” (2005) Journal of Emerging Markets Finance, vol. 4, no. 2, pp. 151-167.

2004

Alizadeh, Á., Kavussanos, M.G. and D. Menachof (2004), “Hedging against bunker price fluctuations using petroleum futures contracts; constant versus time-varying hedge ratios”, Applied Economics, vol. 36, no. 12, pp 1337-1353.

Demirakos, E., N. Strong and M. Walker (2004), “What valuation models do analysts use?” Accounting Horizons, vol. 18, no. 4, pp. 221-240.

Drakos, K. (2004), “Terrorism-Induced Structural Shifts in Financial Risk: The Case of Airline Stocks in the Aftermath of the September 11th Terrorist Attacks”, European Journal of Political Economy, vol. 20, pp. 435-446.

Drakos, K. (2004), “A Note on the Role of Sector, Rating and Maturity on Risk Premia”, International Journal of Business and Economics, vol. 3, no 3, pp. 201-216.

Drakos, K. (2004), “Expectations Hypothesis or Market Segmentation? A Stochastic Trends-based Approach”, European Review of Economics and Finance, vol. 3, no 2, pp. 65-81.

Episcopos, Á. (2004). Contingent claims valuation when capital structure includes option liability, Journal of Derivatives, vol. 4, pp. 21-32.

Episcopos, Á. (2004). The implied reserves of the Bank Insurance Fund, Journal of Banking and Finance, vol. 28, pp. 1617-1635.

Georgoutsos, D and G.Kouretas (2004), “A Multivariate I(2) cointegration analysis of the German hyperinflation”, Applied Financial Economics, vol. 14, pp. 29-41.

Kavussanos, M.G., D. Menachof and I. Visvikis (2004). “The unbiasdness hypothesis in the freight forward market: evidence from cointegration tests”, Review of Derivatives Research, vol 7, no. 3, pp 241-266.

Kavussanos, M.G., R. Batchelor and I. Visvikis (2004), “Over the Counter Forward Contracts and Spot Price Volatility in Shipping”, Transportation Research, Part E: Logistics and Transportation Review, vol. 40, no. 4, pp 273-296.

Kavussanos, M.G. and I. Visvikis, (2004). “Market Interaction in returns and volatilities between spot and forward shipping freight markets”, Journal of Banking and Finance, vol. 28, no. 8, pp 2015-2049.

Shackleton, M. B., A. E. Tsekrekos and R. Wojakowski (2004), “Strategic entry and market leadership in a two-player real options game”, Journal of Banking and Finance, vol. 28, no. 1, pp. 179-201.

Spyrou, S.I. (2004), “Are Stocks a Good Hedge against Inflation? Evidence from Emerging Markets”, Applied Economics, vol. 36, no. 1, pp. 41-48.

Spyrou, S.I. and Ô. Mandalis (2004), “Return Predictability, Contrarian and Momentum Profits: The Case of the Athens Stock Exchange”, Ekonomia, vol. 7, no. 1, pp. 56-72.

Venieris G. and S. Cohen (2004), “Accounting reform in Greek universities: A slow moving process”, Financial Accountability and Management, vol. 20, no 2, pp. 183-204.

2003

Antoniou, A., Spyrou, S.I. and E. Galariotis (2003), “Profits from Buying Losers and Selling Winners in the London Stock Exchange”, International Business & Economics Research Journal, vol.1, no.11, pp. 59-67

Drakos, K. (2003), “The Term Structure of Deviations from the Interest Parity”, Journal of International Financial Markets, Institutions and Money, vol. 13, no 1, pp. 57-67.

Drakos, K. (2003), “Assessing the Success of Reform in Transition Banking: An Interest Margins Analysis”, Journal of Policy Modelling, vol. 25, no 3, pp. 309-317.

Drakos, K. and A. Kutan (2005), “Regional Effects of Terrorism on Tourism: Evidence from Three Mediterranean Countries”, Journal of Conflict Resolution, vol. 47, no 5, pp. 621-641.

Ghicas, D., (2003), A discussion of the paper “The quality of neuer market quarterly reports–An empirical investigation” by Anne d’Arcy and Sonja Granbensberger, The International Journal of Accounting, vol. 38, pp. 347-350.

Kavussanos, M.G. and N. Nomikos (2003), “Price discovery, causality and forecasting in the freight futures market”, Review of Derivatives Research, vol. 6, pp 203-230.

Kavussanos, M.G. (2003), “Time varying risks among segments of the tanker freight markets”, Maritime Economics and Logistics, vol. 5, no. 3, pp 227-250.

Kavussanos, M.G., A. Juell-Skielse and M. Forrest (2003), “International Comparison of Market Risks across Shipping Related Industries”, Maritime Policy and Management, vol. 30, no. 2, pp 107-122.

Leledakis G.N., I.R. Davidson and G. Karathanassis (2003), “Cross-Sectional Estimation of Stock Returns in Small Markets: The Case of the Athens Stock Exchange”, Applied Financial Economics, vol. 13, no 6, pp. 413-426.

Siougle G. (2003), “Information content of earnings forecast disclosures”, The Annals of Marie Curie Fellows Association, vol. 3.

Spyrou, S.I. and H.T.Lam (2003), “Fundamental variables and the cross-section of expected stock returns: The case of Hong-Kong”, Applied Economics Letters, vol. 10, no. 5, pp. 307-311

2002

Drakos, K. (2002), “The Dealership Model for Interest Margins: The Case of the Greek Banking Industry”, Journal of Emerging Market Finance, vol. 1, no 1, pp. 75-98.

Drakos, K. (2002), “A Daily View of the Term Structure Dynamics: Some International Evidence”, De Economist, vol. 150, no 1, pp. 1-12.

Drakos, K. (2002), “Performance and Market Share: Evidence from the Greek Mutual fund Industry”, Greek Economic Review, vol. 22, no 1, pp. 23-42.

Drakos, K. (2002), “Common Factors in Eurocurrency Rates: A Dynamic Analysis”, Journal of Economic Integration, vol. 17, no 1, pp. 162-182.

Drakos, K. (2002), The Efficiency of the Banking Sector in Central and Eastern Europe”, Emerging Markets Finance and Trade, vol. 38, no 2, pp. 33-44.

Drakos, K. (2002), “The Expectations Hypothesis of the Term Structure: The Greek Interbank Market”, Economia Internazionale, vol. 54, no 4.

Drakos, K. (2002), “Myopia, Liquidity Constraints and Aggregate Consumption: Time Series Evidence from Greece”, Journal of Economic Development, vol. 27, no 1, pp. 97-105.

Drakos, K. (2002), “Estimating a Multi-Factor Model for the Greek Mutual Fund Market”, Emerging Markets Finance and Trade, vol. 38, no 3, pp. 72-91.

Flamouris, D. and D. Giamouridis (2002), “Estimating implied PDFs from American options on Futures: A new semi-parametric approach”, Journal of Futures Markets, vol. 22, no. 1, pp. 1–30 (Lead article).

Georgoutsos, D., and G.Kouretas (2002), “Cointegration, Uncovered interest parity and the term structure of interest rates: Some international evidence”, European Research Studies, vol. 5, no. 1-2, pp. 7-22.

Giamouridis, D. and M. Tamvakis (2002), “Asymptotic distribution expansions in option pricing”, Journal of Derivatives, vol. 9, no. 4, pp. 33–44.

Kavussanos, M.G. and A. Alizadeh (2002), “The Expectations Hypothesis of the Term Structure and Risk Premia in Dry Bulk Shipping Freight Markets; An EGARCH-M Approach”, Journal of Transport Economics and Policy, vol. 36, no. 2, pp. 267-304.

Kavussanos, M.G., Arkoulis, A. and Marcoulis, S (2002), “Macroeconomic factors and international industry returns”, Applied Financial Economics, vol 12, no. 12, pp 923-931.

Kavussanos, M.G. and A. Alizadeh (2002), “Efficient Pricing of Ships in the Dry Bulk Sector of the Shipping Industry”, Maritime Policy and Management, vol. 29, no. 3, pp 303-330.

Kavussanos, M.G. and A. Alizadeh (2002), “Seasonality patterns in tanker shipping freight markets”, Economic Modelling, vol. 19, no. 5, pp 747–782.

Mobekk, E. and Spyrou, S.I. (2002), “Re-evaluating the IMF Involvement in Low-Income Countries: The Case of Haiti”, International Journal of Social Economics, vol. 29, no. 7, pp. 527-537

2001

Davis, J., A. Episcopos, and S. Wettimuny (2001), “Predicting direction shifts in Canadian-US exchange rates with artificial neural networks”, International Journal of Intelligent Systems in Accounting, Finance and Management, vol. 10, pp. 83-96.

Drakos, K. (2001), “Fixed Income Excess Returns and Time to Maturity”, International Review of Financial Analysis, vol. 10, no 4, pp. 431-442.

Drakos, K. (2001), “Monetary Policy and the Yield Curve in an Emerging Market: The Greek Case”, Emerging Markets Review, vol. 2, no 3, pp. 244-262.

Drakos, K. (2001), “Testing the Ricardian Equivalence Theorem: Time Series Evidence from Greece”, Journal of Economic Development, vol. 26, no 1, pp. 149-160.

Giamouridis, D.G. and M.N. Tamvakis (2001), “The relation between return and volatility in the commodity markets”, Journal of Alternative Investments, vol. 4, no. 1, pp. 54–62.

Hevas, D., & A. Papadaki (2001), “The information content of investment tax credits”, European Accounting Review, vol. 10, no 1, pp. 173-186.

Kavussanos, M.G. and Phylaktis, K. (2001), “Trading Systems and the relationship between stock returns and trading activity”, Greek Economic Review, vol. 21, no 1, pp. 19-36.

Kavussanos, M.G. and E. Dockery (2001), “A Multivariate test for stock market efficiency: The case of ASE”, Applied Financial Economics, vol. 11, no. 5, pp. 573-579.

Kavussanos, M.G. and A. Alizadeh (2001), “Seasonality patterns in dry bulk shipping spot and time-charter freight rates”, Transportation Research Part E, Logistics and Transportation Review, vol. 37, no 6, pp 443-467.

Leledakis, G.N. and I.R. Davidson (2001), “Are Two Factors Enough? The U.K. Evidence”, Financial Analysts Journal, vol. 57, no 6, pp. 96-105.

Spyrou, S.I. and K. Kassimatis (2001), “Stock and Credit Market Expansion and Economic Development in Emerging Markets: Further Evidence Utilising Cointegration Analysis”, Applied Economics, vol. 33, pp. 1057-1064

Spyrou, S.I. (2001), Stock Returns and Inflation: Evidence from an Emerging Market”, Applied Economics Letters, vol. 8, pp. 447-450

Tsekrekos, A. E. (2001), “Investment under economic and implementation uncertainty”, R&D Management, vol. 31, no. 2, pp. 127-135.

2000

Diamandis, P., Georgoutsos, D., and G.Kouretas (2000), “The monetary model in the presence of I(2) components: Long-run relationships, Short-run dynamics and forecasting of the Greek drachma”, Journal of  International Money and Finance, vol. 19, pp. 917-941.

Episcopos, A (2000), “Further evidence on alternative continuous time models of the short-term interest rate”, Journal of International Financial Markets, Institutions and Money, vol. 10, pp. 199-212

Georgoutsos, D., and G.Kouretas (2000), “The pound sterling and the franc Poincare in the 1920s: Long-run relationships, speculation and temporal stability”, Applied Financial Economics, vol. 10, pp. 471-482.

Ghicas, D., Iriotis, N., Papadaki, A. and M. Walker (2000),Fundamental analysis and the valuation of IPOs in the construction industry”, The International Journal of Accounting, vol. 35, no. 2, pp. 227-241.

Kavussanos, M.G. and N. Nomikos (2000), “Hedging in the freight futures market”, Journal of Derivatives, vol. 8, no 1, pp. 41-58.

Kavussanos, M.G. and N. Nomikos (2000), “Futures Hedging when the structure of the underlying asset changes; The case of the BIFFEX contract”, Journal of Futures Markets, vol. 20, no 8, pp 775-801.  

Kavussanos, M.G. and Marcoulis (2000), “The stock market perception of industry risk and macroeconomic factors: The case of the US water other transport industries”, Maritime Economics and Logistics, vol. 2, no 3, pp. 235-256.

Kavussanos, M.G. and N. Nomikos (2000), “Constant versus time varying hedge ratios and hedging efficiency in the BIFFEX market”, Transportation Research Part E (The Logistics and Transportation Review), vol. 36, no 4, pp. 229-248.

Kavussanos, M.G. and Marcoulis (2000), “The stock market perception of industry risk through the utilization of a General Multifactor Model”, International Journal of Transport Economics, vol. XXVII, no. 1, pp. 77-98.

1999

Garrett, I. and Spyrou, S.I.,Common Stochastic Trends in the Emerging Equity Markets (1999) The Manchester School, V. 67, N.6, 649-660

Kassimatis, K., Spyrou, S.I., “Did Equity Market Volatility Increase or Decrease Following the Opening of Emerging Markets to Foreign Investors?” (1999) Journal of Economic Development, V.24, N.1, 39-51

Kavussanos, M.G. and N. Nomikos, (1999). ‘The forward pricing function of the shipping freight futures market’, The Journal of Futures Markets, Vol. 19, Issue 3, pp. 353-376.

Kavussanos, M.G., Phylaktis, K. and Manalis, G, (1999). ‘Price limits and the stock market volatility in the Athens Stock Exchange’, European Financial Management, Vol. 5, Issue 1, pp. 69-84.

Spyrou, S.I., “Financial Liberalisation or Financial Repression? The Case of the Greek Equity Market” (1999) The Journal of Southern Europe and the Balkans, V.1, 65-76

1998

Garrett, I., Spyrou, S.I. (1998), “Return Predictability in Emerging Equity Markets Ekonomia, vol. 2, no. .2, pp. 135-144.

Ghicas, D., Hevas, D. and A. Papadaki, (1996), “Fixed assets revaluations and their association with stock returns”, European Accounting Review, vol. 5, no. 4, pp. 651-670.

Spyrou, S.I. (1998), “Random Walks in the Athens Stock Exchange: Is the ASE Informationally Efficient?” Synthesis: A Review of Modern Greek Studies, vol. 2, no. 2, pp. 35-44.

1996

Ghicas, D., Hevas, D. and A. Papadaki, (1996), “Fixed assets revaluations and their association with stock returns”, European Accounting Review, vol. 5, no. 4, pp. 651-670.

1994

Ghicas, D., Chung, K., and T. Tinker, (1994), “Pension accounting and corporate takeovers”, Asia-Pacific Journal of Accounting, vol. 1, pp. 73-90.

1993

Ghicas, D., Kumar, K., and V. Pastena, (1993) “Earnings, cash flows and executive compensation: An exploratory analysis”, Managerial Finance, vol. 19, no. 2, pp. 55-75.

Ghicas, D., and T. Tinker, (1993), “Dishonored contracts: Accounting and the expropriation of employee pension wealth”, Accounting Organizations and Society, vol. 18, no. 4, pp. 361- 380.

Ghicas, D., Chung, K., and V. Pastena, (1993), “Lenders' use of accounting information in the oil and gas industry”, Accounting Review, vol. 68, no.4, pp. 885-894.

1990

Ghicas, D., (1990), “Determinants of actuarial cost method changes for pension accounting and funding”, Accounting Review, vol. 65, no. 2, pp. 384-405.

1989

Ghicas, D., and V. Pastena, (1989), “The acquisition value of oil and gas firms: The role of reserve recognition accounting and analyst's appraisals”, Contemporary Accounting Research, vol. 6, pp. 125-142.

1987

Ghicas, D., Abdel – khalik, A., and C. Chi, (1987), “Rationality of executive compensation schemes and real accounting changes”, Contemporary Accounting Research, vol. 4, pp. 32- 60.