Dr Grzegorz Pawlina
Senior Lecturer
Accounting and Finance
The Management SchoolLancaster University
Bailrigg
Lancaster
LA1 4YX
Qualifications
BSc, MSc Warsaw (SGH); MSc, PhD Tilburg
Research Interests
Dynamic corporate finance, real options, housing finance
Research Grants
"Investment and Financing Policy of Corporations and Households" (ESRC research grant RES-062-23-0078, 10/2006-09/2009, budget: £242,268; joint with B. Lambrecht)
Other awards
Marie Curie visiting doctoral fellowship at ECARES, Brussels (European Commission, contract HPMT-CT-2000-00134, 02/2003-07/2003)
Doctoral fellowship at CentER, Tilburg (European Commission, ACE Phare grants P-98-2040-S and P-97-9285-S, 09/1999-08/2002)
Professional Role
Deputy Director of Masters Programmes
Current Teaching
ACF 404: Introduction to Financial Markets
ACF 504: Financial Markets
Profile
Selected publications
- A theory of net debt and transferable human capital
Lambrecht, B. & Pawlina, G. 2013 In: Review of Finance. 17, 1, p. 321-368. 48 p.
Journal article - Household liquidity and incremental financing decisions: theory and evidence
Cunha, M R., Lambrecht, B M. & Pawlina, G. 09/2011 In: Journal of Business Finance and Accounting. 38, 7-8, p. 1016-1052. 37 p.
Journal article - Uncertainty and stepwise investment
Kort, P M., Murto, P. & Pawlina, G. 1/04/2010 In: European Journal of Operational Research. 202, 1, p. 196-203. 8 p.
Journal article - Corporate finance and the (in)efficient exercise of real options
Lambrecht, B M. & Pawlina, G. 2010 In: Multinational Finance Journal. 14, 1/2, p. 129-156. 28 p.
Journal article - Strategic quality choice under uncertainty: a real options approach
Pawlina, G. & Kort, P M. 01/2010 In: Manchester School. 78, 1, p. 1-19. 19 p.
Journal article - Underinvestment, capital structure and strategic debt restructuring
Pawlina, G. 5/12/2010 In: Journal of Corporate Finance. 16, 5, p. 679-702. 24 p.
Journal article - Real options in an asymmetric duopoly: who benefits from your competitive disadvantage?
Pawlina, G. & Kort, P M. 03/2006 In: Journal of Economics and Management Strategy. 15, 1, p. 1-35. 35 p.
Journal article - Is investment-cash flow sensitivity caused by agency costs or asymmetric information? Evidence from the UK
Pawlina, G. & Renneboog, L D R. 09/2005 In: European Financial Management. 11, 4, p. 483-513. 31 p.
Journal article - Investment under uncertainty and policy change
Pawlina, G. & Kort, P M. 07/2005 In: Journal of Economic Dynamics and Control. 29, 7, p. 1193-1209. 17 p.
Journal article - Strategic capital budgeting: asset replacement under market uncertainty
Pawlina, G. & Kort, P M. 10/2003 In: OR Spectrum. 25, 4, p. 443-479. 37 p.
Journal article
