Staff profile

I joined the Business School at Durham University as a Lecturer in Finance in 2008. I completed my PhD at the University of Cyprus, where I also worked as a Research Associate. I teach Derivatives Markets for postgraduate programs and Financial Theory and Corporate Policy for undergraduate programs.

• Centre for Banking, Institutions and Development (CBID)
• Economics & Finance Department

Chapter in book

• Andreou, P.C., Charalambous, C. & Martzoukos, S.H. (2004). Option Pricing and Trading with Artificial Neural Networks and Advanced Parametric Models with Implied Parameters. In Proceedings of the IEEE International Joint Conference on Neural Networks, 2004. IEEE. 4: 2741 – 2746.
• Andreou, P.C., Charalambous, C. & Martzoukos, S.H. (2002). Critical Assessment of Option Pricing Methods Using Artificial Neural Networks. In Artificial Neural Networks — ICANN 2002. Dorronsoro, J.R. Springer. 2415: 1131-1136.

Conference Paper

• Andreou, P.C., Charalambous, C. & Martzoukos, S.H. (2009), European Option Pricing by Using the Support Vector Regression Approach, Lecture Notes in Computer Science 5768: Artificial Neural Networks – ICANN 2009. Limassol, Cyprus, Springer, Berlin, 874-883.

Journal Article

• Andreou, P. Kagkadis, A., Maio, P. & Philip, D. (2021). Dispersion in options investors' versus analysts' expectations: Predictive inference for stock returns. Critical Finance Review 10(1): 65-81.
• Andreou, Panayiotis C., Fiordelisi, Franco, Harris, Terry & Philip, Dennis (2021). Institutional Ownership and Firms’ Thrust to Compete. British Journal of Management
• Andreou, Christoforos K. Andreou, Panayiotis C. & Lambertides, Neophytos (2021). Financial Distress Risk and Stock Price Crashes. Journal of Corporate Finance 67: 101870.
• Andreou, Panayiotis C. & Anyfantaki, Sofia (2021). Financial literacy and its influence on internet banking behaviour. European Management Journal 39(5): 658-674.
• Andreou, P., Harris, T. & Philip, D. (2020). Measuring firms' market orientation using textual analysis of 10-K filings. British Journal of Management 31(4): 872-895.
• Andreou, P. C. & Kellard, N. M. (2021). Corporate Environmental Proactivity: Evidence from the European Union’s Emissions Trading System. British Journal of Management 32(3): 630-647.
• Andreou, P, Kagkadis, A Philip, D & Taamouti, A (2019). The information content of forward moments. Journal of Banking and Finance 106: 527-541.
• Andreou, Panayiotis C., Doukas, John A., Koursaros, Demetris. & Louca, Christodoulos. (2019). Valuation Effects of Overconfident CEOs on Corporate Diversification and Refocusing Decisions. Journal of Banking & Finance 100: 182-204.
• Andreou, P. C., Cooper, I., García de Olalla, I. & Louca, C. (2018). Managerial overconfidence and the buyback anomaly. Journal of Empirical Finance 49: 142-156.
• Andreou, P.C., Kagkadis, A., Philip, D. & Tuneshev, T. (2018). Differences in options investors' expectations and the cross-section of stock returns. Journal of Banking and Finance 94: 315-336.
• Aktas, N., Andreou, P.C., Karasamani, I. & Philip, D. (2019). CEO duality, agency costs, and internal capital allocation efficiency. British Journal of Management 30(2): 473-493.
• Andreou, P. & Philip, D. (2018). Financial knowledge among university students and implications for personal debt and fraudulent investments. Cyprus Economic Policy Review 12(2): 3-23.
• Andreou, P.C., Karasamani, I., Louca, C. & Ehrlich, D. (2017). The impact of managerial ability on crisis-period corporate investment. Journal of Business Research 79: 107-122.
• Andreou, P.C., Cooper, I., Louca, C. & Philip, D. (2017). Bank loan loss accounting treatments, credit cycles and crash risk. The British Accounting Review 49(5): 474-492.
• Andreou, P., Christodoulos, L. & Andreas, P. P. (2017). CEO Age and Stock Price Crash Risk. Review of Finance 21(3): 1287-1325.
• Andreou, P., Louca, C. & Petrou, A. P. (2016). Organizational Learning and Corporate Diversification Performance. Journal of Business Research 69(9): 3270-3284.
• Andreou, P., Philip, D. & Robejsek, P. (2016). Bank liquidity creation and risk-taking: Does managerial ability matter? Journal of Business Finance and Accounting 43(1-2): 226-259.
• Andreou, P., Antoniou, C., Horton, J. & Louca, C. (2016). Corporate Governance and Firm-specific Stock Price Crashes. European Financial Management 22(5): 916-956.
• Andreou, P., Louca, C. & Savva, C. S. (2016). Short‐Horizon Event Study Estimation with a STAR Model and Real Contaminated Events. Review of Quantitative Finance and Accounting 47(3): 673-697.
• Andreou, P. (2015). Effects of market default risk on index option risk-neutral moments. Quantitative Finance 15(12): 2021-2040.
• Andreou, P.C. Charalambous, C. & Martzoukos,S. (2014). Assessing the performance of symmetric and assymetric implied volatility functions. Review of Quantitative Finance and Accounting 42(3): 373-397
• Andreou, P., Charalambous, C. & Martzoukos, S.H. (2010). Generalized parameter functions for option pricing. Journal of Banking and Finance 34(3): 633-646.
• Andreou, P.C., Charalambous, C. & Martzoukos, S.H. (2008). Pricing and Trading European Options by Combining Artificial Neural Networks and Parametric Models with Implied Parameters. European Journal of Operational Research 185(3): 1415-1433.
• Andreou, P.C. & Pierides, Y. (2008). Empirical Investigation of Stock Index Futures Market Efficiency: The Case of the Athens Derivatives Exchange. European Journal of Finance 14(3): 211-223.
• Andreou, P.C., Charalambous, C. & Martzoukos, S.H. (2006). Robust Artificial Neural Networks for Pricing of European Options. Computational Economics 27(2-3): 329-351.
• Andreou, P.C. & Pierides, Y. (2004). Trade Opportunities for the Athens Derivatives Exchange. Derivatives Use Trading & Regulation 10(3): 268-282.

Working Paper

• Andreou, Panayiotis C. & Sofia Anyfantaki (2019). Financial literacy and its influence on consumers’ internet banking behaviour. 275.