Dr Pawel Bilinski
Lecturer
Department
Accounting and Finance
Research Overview
My research interests lie at the intersection of accounting and finance. The topics I'm particularly interested in are in the following areas:
* The rational and behavioral explanations for the accrual anomaly
* The capital market effects of firm disclosure
* Properties of analyst research outputs
* Investment banking relations
* Empirical corporate finance & event studies (IPOs, seasoned equity offerings, share repurchases, mergers and acquisitions)
* Financial and accounting anomalies
Current Teaching
Undergraduate level: AcF 302: Corporate Finance
Postgraduate level: AcF 702: Advanced Topics in Corporate Finance
Additional Information
I am willing to supervise PhD dissertations in accounting or in finance. Potential topics for a PhD dissertation include:
* Firm corporate disclosure (measurment, value-relevance, capital markets implications)
* Properties of analyst research outputs (the role of analysts as information intermediaries in financial markets, the interaction between firm disclosure and analyst research activities, accuracy and investment value of analyst research outputs)
* Research outputs by equity analysts & investment banking relations (the effect investment banking relations have on the properties of analyst forecasts and research reports)
* Empirical corporate finance & event studies (Why do companies issue equity rather than debt? Why do companies engage in M&As/share repurchases? What is the short- and the long-run performance of firms after new equity issues/M&As/share repurchases?)
* Financial/accounting anomalies and irrational investor behavior (Does irrational investor behavior explain return patterns around various corporate events, such as new equity issues/M&As/share repurchases?)
* Other topics in market based accounting and in corporate finance
Publications
- Bilinski Pawel, 2011, 'Does firm reporting quality and analyst forecasting skill influence the analyst choice to issue revenue forecasts?',
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View PDF - Bilinski Pawel, Lyssimachou Danielle and Walker Martin, 2011, 'Target price accuracy: international evidence',
View details | View PDF - Bilinski Pawel, Strong Norman and Liu Weimin, 2011, 'Does liquidity risk explain low firm performance following seasoned equity offerings?',
View details | View PDF - Bilinski Pawel and Strong Norman, 2011, 'Managers' Private Information, Investor Underreaction and Long-Run SEO Performance', European Financial Management
View details | View PDF
