Staff profile

Professor Dimitris Petmezas is a Professor of Finance in his second tenure at Durham University Business School as he also held the position of Lecturer in Finance over the period 2005-2007. Prior to taking up the current position he was a Professor, Reader and Senior Lecturer in Finance at Surrey Business School. Professor Petmezas was also a Visiting Scholar at University of Chicago Booth School of Business and New York University (NYU) Stern School of Business. He was educated at Aristotle University (BA in Economics) and Durham University (MSc in Finance and Investment with Distinction, and PhD in Finance). He is a Fellow of the Higher Education Academy and a visiting-academic in several European Business Schools teaching in EMBA, MBA and MSc programmes. Additionally, he is an independent M&A advisor and has also worked as an investment analyst. 

Professor Petmezas' main research interests lie in the area of Corporate Finance and, more specifically, in Mergers and Acquisitions (M&As), corporate governance, corporate innovation and CSR. He is also interested in issues related with CEO characteristics, as well as cash holdings, asset sales, financial misconduct, and working capital management (WCM). Professor Petmezas has published extensively in leading international journals including the Journal of Finance, Management Science, Review of Finance, Research Policy, and Journal of Corporate Finance. His paper titled “When It Pays to Pay Your Investment Banker: New Evidence on the Role of Financial Advisors in M&As” was the 3rd most-read article in 2012 in the Journal of Finance among all articles that have ever been published in the Journal of Finance. Professor Petmezas has also been invited to deliver speeches and present his research at more than 50 Universities in the USA, Canada, Europe and China. Additionally, his research has been featured on the programs of more than 70 high profile international conferences, such as the American Finance Association (AFA) Conference, the European Finance Association (EFA) Conference, the Allied Social Science Associations (ASSA) Annual Meeting of the American Economic Association (AEA), and the American Accounting Association (AAA) Conference, receiving awards, such as the best paper award in International Finance at the Southwestern Finance Association (SWFA) Conference in 2009, and quoted in widely read international media, such as the Financial Times, The Economist, Forbes, Fortune, and Management Today. Professor Petmezas serves as an ad-hoc referee in several academic journals and research grants' bodies and also acts as an external examiner in a number of academic institutions.

Achievements

• Research Rigour and Contribution to the Academic Discipline Award, Durham University Business School, 2022-23
• Established Researcher of the Year Award, Surrey Business School, 2018-19
• PhD Supervisor of the Year Award, Surrey Business School, 2018-19

PhD Students (In Progress)

• Yangjun Che: 'Greenwashing' - (1st Year)
• Shaoyi Wang: 'Commonalities in M&As' - (2nd Year)
• Aibo Wang: 'A New Method to Measure CEO Power' - (2nd Year)
• Huizhong Zhang: 'The Role of M&A Intermediaries' - (3rd Year)

PhD Students (Completed) and their First Position after the PhD

• Chen Yang: (Research Fellow in Finance at Adam Smith Business School, University of Glasgow, UK) - PhD at Durham University (2023), 'The Impact of CEO Home Bias on CSR, Earnings Management, and M&As'

• Tung Duy Nguyen: (Research Associate in Finance at Alliance Manchester Business School, University of Manchester, UK) - PhD at the University of Surrey (2021), ‘The Effects of Terrorism on Acquisitions and Innovation and the Impact of CSR on Firm Performance During Traumatic Events’

  • Surrey Business School Research Student of the Year Award

• Shuhui Wang: (Lecturer in Finance at Surrey Business School, University of Surrey, UK) - PhD at the University of Surrey (2020), ‘The Determinants of Inside Debt’

• Nathan McNamee: (Assistant Professor of Finance, Department of Economics and Finance, Southern Utah University, USA) - PhD at the University of Surrey (2017), ‘Selling to Buy: Asset Sales and Mergers and Acquisitions’

• Nikolaos Karampatsas: (Lecturer in Finance at Surrey Business School, University of Surrey, UK) - PhD at the University of Surrey (2013), ‘The Effects of Credit Ratings in Mergers and Acquisitions’ 
  • FBEL Postgraduate Research Student of the Year Award

• Andrey Golubov: (Lecturer in Finance at Cass Business School, City University, UK) - PhD at the University of Surrey (2011), ‘The Reputation of Economic Agents in Mergers and Acquisitions’
  • FBEL Postgraduate Research Student of the Year Award

• Jun (Daniel) Hua: (Teaching Fellow in Economics & Finance at Durham Business School, University of Durham, UK) - PhD at Durham University (2011), ‘The Impact of Information Uncertainty on Stock Price Performance and Managers’ Equity Financing Decisions’

• Evangelos Vagenas-Nanos: (Lecturer in Finance at Adam Smith Business School, University of Glasgow, UK) - PhD at Durham University (2010), ‘The Impact of Managerial Overconfidence and Investor Sentiment on Bidders’ Abnormal Returns’

Numerous Dissertations of MBA, MSc and UG Students

Media Coverage

• Forbes: "Voting For A Left-Leaning Politician Can Reduce CEO Pay By Almost 6%, New Research Shows" (31 January 2023)
• Fortune: "The Democrats are in power and CEOs are taking pay cuts. That’s not a coincidence" (27 January 2023)
• Management Today: "Left-wing governments negatively impact CEO pay, says new research" (2 February 2023)
• Handelsblatt (in German): "Teure Banker sind ihr Geld wert - manchmal" (28 June 2012)
• The Economist: "Does It Pay to Hire Top Banks?" (21 March 2012)
• Financial Times (Alphaville): "Petmezas: It Pays to Pay Investment Bankers" (17 February 2012)
• ACQ Magazine: "Higher Synergies for Big Four Audited Takeovers" (06 October 2011)
• M&A Deals Magazine: "Audit Accuracy Key for M&A Returns" (06 October 2011)
• Financial News: "When It Pays to Pay Your Investment Banker" (28 June 2011)

Refereeing (Research Grants and Others)

• SSHRC (Social Sciences and Humanities Research Council of Canada), Insight Grant Review, 2021
• External REF Assessor for University of Exeter, 2018, 2019 & 2020
• External REF Assessor for Coventry University, 2019
• SSHRC (Social Sciences and Humanities Research Council of Canada), Peer Review, 2016
• External Assessor - Prizes for Best Published Papers, Portsmouth Business School, University of Portsmouth, 2014-2021
• ESRC (Economic & Social Research Council) Rapportuer, 2013
• Research Council KU Leuven (University of Leuven, Belgium), Peer Review, 2013
• External REF Assessor for Oxford Brookes University, 2013
• ESRC (Economic & Social Research Council) Peer Review, 2012

Refereeing (Academic Journals)

The Accounting Review; Management Science; Journal of Financial and Quantitative Analysis; Research Policy; Journal of Corporate Finance; Financial Management; Journal of Empirical Finance; Journal of Banking and Finance; Journal of Financial Research; Financial Review; European Journal of Operational Research; British Journal of Management; European Financial Management; European Journal of Finance; Corporate Governance: An International Review; British Accounting Review; Journal of Financial Stability; International Review of Financial Analysis; Journal of International Financial Markets, Institutions & Money; Quantitative Finance; Quarterly Review of Economics and Finance; Global Finance; Journal of Economic Studies; Journal of Accounting and Finance; Multinational Finance; Journal of Accounting, Auditing and Finance; Journal of Applied Accounting Research; Journal of Economics and Business; International Review of Economics and Finance; Emerging Markets, Finance and Trade; Journal of Economics and International Finance; International Journal of Behavioural Accounting and Finance; International Journal of Banking, Accounting and Finance; African Journal of Marketing Management; Journal of Insurance Markets and Companies: Analyses and Actuarial Computations

Teaching Students' Feedback

Most Recent Students' Evaluation: 4.9/5

• "Best Professor"
• "Good, brilliant, perfect"
• "Practical examples. They helped explain certain aspects of the topics discussed better"
• "Professor is excellent and patient"
• "The lecturer was excellent, lecture slides very detailed, high standard of teaching. AAA Lecturer, one of the best so far in the University ..."
• "Best course in the second semester"
• "The lecture was never boring and he made the subject matter come alive. I definitely enjoyed this course"
• "The way he presents the lecture is the best aspect of the module"
• "The tutor of this module is very experienced and knowledgeable, as it can be seen from the detailed lecture slides and how he answers students questions"
• "Excellent lecture. Well operated and high educational/informative value"
• "Awesome learning experience!"

Departmental Duties

• Member of the Board of Studies, Durham University Business School, 2020-Present
• Member of the Board of Examiners, Durham University Business School, 2020-Present
• Academic Staff Recruitment Advisor for the Department of Finance, Durham University Business School, 2021-Present
• Member of the Surrey Business School Output Selection Panel for REF 2021, 2019-2020
• Senior Colleague (Mentor) of Dr Nan Xiong (Lecturer in Finance), University of Surrey, 2018-2020
• Senior Colleague (Mentor) of Dr Zicheng Lei (Lecturer in Finance and Accounting), University of Surrey, 2018-2019
• Representative of the Department of Finance and Accounting at Surrey Business School Business Engagement Group, University of Surrey, 2017-2018
• Senior Colleague (Mentor) of Dr Nikolaos Karampatsas (Lecturer in Finance), University of Surrey, 2014-2018
• Representative of Surrey Business School at the University Research and Enterprise Committee, 2012-2015
• Research Funding Senior Advisor for the Finance & Accounting Group, University of Surrey, 2012-2013
• Founder, Programme Designer and Programme Director of the MSc in Accounting and Finance, University of Surrey, 2012-2016
• Founder, Programme Designer and Programme Director of the MSc in Banking and Finance, University of Surrey, 2012
• Senior Colleague (Mentor) of Dr Joanne Jia (Lecturer in Finance and Accounting), University of Surrey, 2012-2015
• Academic Staff Recruitment Advisor for the Finance & Accounting Group, University of Surrey, 2011-2020
• Post-Graduate Admissions Tutor, University of Surrey, 2011-2012
• Co-ordinator for Rhythmyx for the Finance & Accounting Group, University of Surrey, 2009-2012
• Member of the Board of Studies, Surrey Business School, University of Surrey, 2008-2020
• Member of the Board of Examiners, Surrey Business School, University of Surrey, 2008-2020
• Representative of the Finance & Accounting Group at the Research Management Committee (RMC), University of Surrey, 2008-2009
• Senior Colleague (Mentor) of Dr Evangelia Varoutsa (Lecturer in Accounting), University of Surrey, 2009-2013
• Personal Academic Tutor, University of Surrey, 2008-2020
• Personal Placement Tutor, University of Surrey, 2008-2012
• Representative of the University of Surrey at Students’ Fair Exhibitions
• Internal Examiner of MPhil/PhD Theses, University of Surrey, 2008-2020

Affiliations Memberships/Fellowships (Present and Past)

• American Finance Association (AFA)
• European Finance Association (EFA) 
• European Financial Management Association (EFMA) 
• Financial Management Association (FMA) 
• Hellenic Finance and Accounting Association (HFAA) 
• Midwest Finance Association (MFA)
• Multinational Finance Society (MFS) 
• Southern Finance Association (SFA)
• Southwestern Finance Association (SWFA)
• Hellenic Quality Assurance and Accreditation Agency (HQAAA)
• Higher Education Academy Fellow 

Guest Lectures/Seminars

(1) Surrey Business School, University of Surrey, Guildford, UK, 2024

(2) Audencia Nantes School of Management, Nantes, France, 2023

(3) King’s College London, King’s Business School, London, UK, 2023

(4) Surrey Business School, University of Surrey, Guildford, UK, 2023

(5) University of Bath, School of Management, Bath, UK, 2022

(6) Audencia Nantes School of Management, Nantes, France, 2022

(7) Queen's Management School, Queen's University Belfast, Northern Ireland, UK, 2021

(8) Audencia Nantes School of Management, Nantes, France, 2021

(9) Audencia Nantes School of Management, Nantes, France, 2020

(10) Coventry University, Coventry Business School, Coventry, UK, 2020

(11) University of Exeter, University of Exeter Business School, Exeter, UK, 2019

(12) Durham University, Durham University Business School, Durham, UK, 2019

(13) University of Leeds, Leeds University Business School, Leeds, UK, 2019

(14) King’s College London, King’s Business School, London, UK, 2019

(15) University of Essex, Essex Business School, Colchester, UK, 2019 

(16) Coventry University, Coventry Business School, Coventry, UK, 2019 

(17) University of Southampton, Southampton Business School, Southampton, UK, 2018

(18) University of Manchester, Alliance Manchester Business School, Manchester, UK, 2018

(19) University of Warwick, Warwick Business School, Coventry, UK, 2018

(20) University of East Anglia, Norwich Business School, Norwich, UK, 2018

(21) Stevens Institute of Technology, School of Business, New Jersey, New York, USA, 2018

(22) Loyola University of Chicago, Quinlan School of Business, Chicago, Illinois, USA, 2018

(23) Nottingham Trent University, Nottingham Business School, Nottingham, UK, 2018

(24) EMLYON Business School, Écully, France, 2018

(25) University of Birmingham, Birmingham Business School, Birmingham, UK, 2018

(26) University of Toronto, Rotman School of Management, Toronto, Canada, 2017

(27) University of Nottingham, Nottingham University Business School, Nottingham, UK, 2017

(28) University of Liverpool, Management School, Liverpool, UK, 2017

(29) University of Edinburgh Business School, Edinburgh, Scotland, UK, 2017

(30) Roma Tre University, Department of Economics, Rome, Italy, 2016

(31) University of Basel, Faculty of Business and Economics, Basel, Switzerland, 2016

(32) Ca' Foscari University of Venice, Department of Management, Venice, Italy, 2016

(33) University of St Andrews, School of Management, St Andrews, Scotland, UK, 2016

(34) University of Kent, Kent Business School, Canterbury, Kent, UK, 2015 

(35) Loughborough University, School of Business and Economics, Leicestershire, UK, 2015

(36) WHU Otto Beisheim School of Management, Vallendar, Germany, 2015

(37) University of Strathclyde, Glasgow, Scotland, UK, 2015

(38) Canterbury Christ Church University Business School, Canterbury, Kent, UK, 2015

(39) Università Cattolica del Sacro Cuore, Milan, Italy, 2015

(40) University of Groningen, Faculty of Economics and Business, Groningen, Netherlands, 2014

(41) Cyprus University of Technology, Department of Commerce, Finance and Shipping, Limassol, Cyprus, 2014

(42) University of Macedonia, Department of Economics, Thessaloniki, Greece, 2014

(43) Newcastle University Business School, Newcastle, UK, 2014

(44) Athens University of Economics and Business, Department of Accounting and Finance, Athens, Greece, 2013

(45) Audencia Nantes School of Management, Nantes, France, 2013

(46) University of Glasgow, Adam Smith Business School, Glasgow, Scotland, UK, 2013

(47) University of Reading, ICMA Centre, Henley Business School, Reading, UK, 2013

(48) University of Surrey, Surrey Business School, Guildford, Surrey, UK, 2012

(49) University of Piraeus, Department of Banking and Financial Management, Piraeus, Greece, 2012

(50) European Centre for Corporate Control Studies, SKEMA Business School, Lille, France, 2012

(51) Invited Speaker,‘The Roots of the Greek Debt Crisis’,Greek Public Policy Forum (2^nd Forum: No Country for Old Systems? Democracy, Technocracy and the Markets), Nottingham, UK, 2012

(52) Invited Speaker,‘Special Session on M&As’,International Hellenic University, Thessaloniki, Greece, 2011

(53) Athens University of Economics and Business, Department of Business Administration, Athens, Greece, 2010

(54) Cass Business School, City University, London, UK, 2008

(55) Ren Min University, School of Economics, Beijing, China, 2007

(56) Ren Min University, School of Finance, Beijing, China, 2007

(57) Fudan University, School of Economics, Shanghai, China, 2007

(58) CITY College of Thessaloniki, University of Sheffield, Thessaloniki, Greece, 2007

(59) University of Durham, Durham Business School, Durham, UK, 2006

Conferences  

‘Spillover Effects of the Opioid Epidemic on Labor and Innovation’

(1) Finance and Business Analytics (FBA) Conference, Lefkada, Greece, 2023 – Keynote Speaker

(2) Conference on Research on Economic Theory & Econometrics (CRETE 2023), Naxos, Greece, 2023 – By Invitation

‘Does CEO Ethnic Cultural Identity Affect Cross-Border Acquisitions?’

(3) Multinational Finance Society (MFS) Conference, Paphos, Cyprus, 2023

(4) National Conference of the Financial Engineering and Banking Society (FEBS), Athens, Greece, 2022

‘CEO Personal Reputation and Financial Misconduct’

(5) Swiss Society for Financial Market Research (SGF Conference), Zurich, Switzerland, 2023

(6) International Symposium in Business (ISBIZ23), Greek Islands, Greece, 2023 

(7) European Finance Association (EFA), Barcelona, Spain, 2022 

(8) European Financial Management Association (EFMA), Rome, Italy, 2022

(9) China International Conference in Finance (CICF), Virtual, 2022 

‘CSR and Firm Permormance in the Face of Terrorist Attacks, Hurricanes and COVID-19’

(10) Allied Social Science Associations (ASSA) Virtual Annual Meeting, 2022

‘Local Boy Does Good: CEO Birthplace Identity and Corporate Social Responsibility’

(11) Conference on Research on Economic Theory & Econometrics (CRETE2022), Tinos, Greece, 2022 – By Invitation

(12) Financial Markets and Corporate Governance Conference, Virtual Conference, 2022

(13) Financial Management Association (FMA), Lyon, France, 2022

(14) Fourth Conference on CSR, the Economy and Financial Markets, Tokyo, Japan, 2021

(15) Financial Management Association (FMA), Denver, Colorado, USA, 2021

(16) China International Conference in Finance (CICF), Shanghai, China, 2021

(17) European Financial Management Association (FMA), Leeds, UK, 2021

‘Does Terrorism Affect Acquisitions?’

(18) Financial Management Association (FMA), Limassol, Cyprus, 2021

‘The Impact of Terrorist Attacks on Inventor Productivity and Mobility’

(19) Allied Social Science Associations (ASSA) Annual Meeting, Chicago, Illinois, USA, 2021

‘Does Safety Uncertainty Affect Acquisitions?’ 

(20) American Finance Association (AFA), San Diego, California, USA, 2020

‘Terrorism Intensity and Acquisitions’

(21) Financial Management and Accounting Research Conference (FMARC), Limassol, Cyprus, 2019

‘Credit Default Swaps, Financial Distress and Corporate Acquisitions’

(22) Financial Management Association (FMA), San Diego, California, USA, 2018

(23) European Financial Management Association (EFMA), Milan, Italy, 2018 – Nominated for the Best Paper Award in Corporate Finance

‘Credit Ratings and Acquisitions’ 

(24) 5^th International Credit Risk Conference, Basel, Switzerland, 2017 – Keynote Speaker

‘Selling to Buy: Asset Sales and Merger Waves’

(25) Financial Management Association (FMA), Boston, Massachusetts, USA, 2017

(26) Financial Management Association (FMA), Lisbon, Portugal, 2017

‘Selling to Buy: Asset Sales and Merger Waves’ 

(27) European Financial Management Association (EFMA), Athens, Greece, 2017 

‘CEO Overconfidence and the Value of Corporate Cash Holdings’

(28) Financial Management Association (FMA), Las Vegas, Nevada, USA, 2016

‘Credit Default Swaps and Corporate Acquisitions’

(29) EFiC Conference in Banking and Finance, Essex Business School, UK, 2016 – By Invitation

‘Is Cash More Valuable in the Hands of Overconfident CEOs?’

(30) Annual Conference of the Multinational Finance Society (MFS), Stockholm, Sweden, 2016

‘Credit Ratings and Acquisitions’ 

(31) Spring 2016 Conference of the Multinational Finance Society (MFS), Limassol, Cyprus, 2016

‘Credit Ratings and Acquisitions’ 

‘Selling to Buy: Asset Sales and Method of Payment in M&As’

(32) World Finance Conference (WFC), New York, USA, 2016

‘Executive Compensation and Deployment of Corporate Resources: Evidence from Working Capital’ 

‘Selling to Buy: Asset Sales and Method of Payment in M&As’

(33) European Financial Management Association (EFMA), Basel, Switzerland, 2016

‘How to Publish in Top Journals’– Keynote Speaker

‘Selling to Buy: Asset Sales and Method of Payment in M&As’ 

(34) Hellenic Finance and Accounting Association (HFAA), Athens, Greece, 2015 

‘Executive Compensation and Deployment of Corporate Resources: Evidence from Working Capital’ 

(35) Conference of the Swiss Society for Financial Market Research (SGF), Zurich, Switzerland, 2016

(36) Financial Management Association (FMA), Helsinki, Finland, 2016

(37) Paris December 2015 Finance Meeting, Paris, France, 2015

(38) Financial Management Association (FMA), Orlando, Florida, USA, 2015

‘Governance Mandates, Outside Directors and Acquirer Performance’

(39) IFABS Corporate Finance Conference, Oxford, UK, 2015 

‘Bidders and Targets Made for Each Other: Financial Constraints, Growth Opportunities and Bidder Gains’

(40) World Finance Conference, Buenos Aires, Argentina, 2015 

‘The Role of Corporate Political Strategies in M&As’ 

(41) Annual Conference of the Multinational Finance Society (MFS), Halkidiki, Greece

(42) Financial Management Association (FMA), Venice, Italy, 2015

‘The Role of Corporate Political Strategies in M&As’ 

(43) European Financial Management Association (EFMA), Amsterdam, Netherlands, 2015

(44) Conference of the Swiss Society for Financial Market Research (SGF), Zurich, Switzerland, 2015

‘Executive Compensation and Deployment of Corporate Resources: Evidence from Working Capital’ 

‘Do Risk–Taking Incentives Induce CEOs to Invest? Evidence from Acquisitions’

(45) Spring 2015 Conference of the Multinational Finance Society (MFS), Larnaca, Cyprus, 2015

‘Do Risk–Taking Incentives Induce CEOs to Invest? Evidence from Acquisitions’

‘Is Working Capital Management Value–Enhancing? Evidence from Firm Performance and Investments’ 

(46) Financial Management Association (FMA), Nashville, Tennessee, USA, 2014 

‘Is Working Capital Management Value–Enhancing? Evidence from Firm Performance and Investments’ 

‘Bidders and Targets Made for Each Other: Financial Constraints, Growth Opportunities and Acquisition Returns’  

(47) European Financial Management Association (EFMA), Rome, Italy, 2014 

‘Do Risk–Taking Incentives Induce CEOs to Invest? Evidence from Acquisitions’ 

(48) Financial Management Association (FMA), Tokyo, Japan, 2014 

‘Is Working Capital Management Value–Enhancing? Evidence from Firm Performance and Investments’  

(49) Financial Management Association (FMA), Maastricht, Netherlands, 2014

(50) Conference of the Swiss Society for Financial Market Research (SGF), Zurich, Switzerland, 2014

(51) Multinational Finance Society (MFS) Symposium, Larnaca, Cyprus, 2014 

‘Shining Brighter than the Stars? Corporate Evidence on Competing With Superstars’ 

(52) European Finance Association (EFA), Cambridge, UK, 2013 – Served as Discussant

‘Due Diligence on the Bidder and the Certification Effect’ 

(53) Financial Management Association (FMA), Chicago, Illinois, USA, 2013 

‘Do Risk–Taking Incentives Induce CEOs to Invest? New Evidence from Acquisitions’

‘Credit Ratings and the Choice of Payment Method in Mergers and Acquisitions’ 

‘Due Diligence on the Bidder and the Certification Effect’  

(54) European Financial Management Association (EFMA), Reading, UK, 2014 

‘Due Diligence on the Bidder and the Certification Effect’

‘Do Risk–Taking Incentives Induce CEOs to Invest? New Evidence from Acquisitions’ 

(55) Financial Management Association (FMA), Luxembourg City, Luxembourg, 2013 

‘Investor Induced Contagion or Portfolio Rebalancing? Evidence from the Banking and Sovereign Debt Crisis of 2007–2012’  

(56) International Conference on the Global Financial Crisis: European Financial Markets and Institutions, Southampton, UK, 2013 

‘Do Stock–Financed M&As Destroy Value? New Methods and Evidence’ 

(57) Financial Management Association (FMA), Istanbul, Turkey, 2012 

‘Valuation Effects of Credit Ratings in Mergers and Acquisitions’  

(58) International FEBS (IFEBS) Conference, London, UK, 2012 

‘Stakeholders of Last Resort or Vulture Investors? An Empirical Assessment of Governmental Rescue of Systematically Important Banks in the Global Financial Crisis’  

(59) Conference on Financial Regulation in Uncertain Times, Lugano, Switzerland, 2011

‘How Does Target Firm Auditor Reputation Affect M&As?’ 

(60) American Accounting Association (AAA), Denver, Colorado, USA, 2011

‘It Pays to Pay your Investment Banker: New Evidence on the Role of Financial Advisors in M&As’

(61) Conference on Research on Economic Theory & Econometrics (CRETE2010), Tinos, Greece, 2010 – By Invitation 

‘Gains from M&As Around the World: New Evidence’ 

(62) Midwest Finance Association (MFA), Las Vegas, Nevada, USA, 2010 

‘Gains from M&As Around the World: New Evidence’

(63) Southern Finance Association (SFA), Captiva Island, Florida, USA, 2010

‘Idiosyncratic Volatility, Takeover Premiums and Target Gains’

‘Managerial Overconfidence in High and Low Valuation Markets and Gains to Acquisitions’

(64) European Financial Management Association (EFMA), Milan, Italy, 2009

(65) Financial Management Association (FMA), Turin, Italy, 2009 

‘Depth of the Market for Corporate Control and Gains to Public Acquisitions’ 

(66) Southwestern Finance Association (SWFA), Oklahoma City, Oklahoma, USA 2009 – Best Paper Award in International Finance (out of 256 Papers)

‘Depth of the Market for Corporate Control and Gains to Public Acquisitions’

(67) European Financial Association (EFA), Athens, Greece, 2008

(68) European Financial Management Association (EFMA), Athens, Greece, 2008

‘What are the Causes and Effects of the M&As? The UK Evidence’ 

(69) Annual Conference of the Multinational Finance Society (MFS), Orlando, Florida, USA, 2008 

‘Merger Momentum and Market Valuations: The UK Evidence’ 

(70) Annual Conference of the Multinational Finance Society (MFS), Thessaloniki, Greece, 2007

‘What Drives Acquisitions? Market Valuations and Bidder Performance’

(71) European Financial Management Association (EFMA), Vienna, Austria, 2007

(72) Hellenic Finance and Accounting Association (HFAA), Thessaloniki, Greece, 2006 

‘Acquisitions, Overconfident Managers and Self–Attribution Bias’

(73) European Financial Management Association (EFMA), Madrid, Spain, 2006

‘Divergence of Opinion and Post–Acquisition Performance’  

(74) JBFA Conference in Capital Markets, Thessaloniki, Greece, 2006

‘Bidder Gains and Losses of Firms Involved in Many Acquisitions’

(75) European Financial Management Association (EFMA), Milan, Italy, 2005

(76) Annual Conference of the Multinational Finance Society (MFS), Athens, Greece, 2005

‘Bidder Gains and Losses of Firms Involved in Many Acquisitions’

(77) Southern Finance Association (SFA), Key West, Florida, USA, 2005

Editorial Boards/Conference Committees

• Multinational Finance Journal (2015-Present) – Associate Editor
• International Journal of Financial Studies (2018-Present) – Associate Editor
• Insurance Markets and Companies: Analyses and Actuarial Computations (2008-2018) – Associate Editor
• Financial Management and Accounting Research Conference (FMARC), Ayia Napa, Cyprus, 2024 - Member of the Program Committee
• Financial Management Association (FMA), Chicago, USA, 2023 – Member of the Program Committee 
• European Financial Management Association (EFMA), Cardiff, UK, 2023 – Member of the Program Committee
• Financial Management and Accounting Research Conference (FMARC), Larnaka, Cyprus, 2023 – Member of the Program Committee
• Northern Finance Association (NFA), Alberta, Canada, 2022 – Member of the Program Committee
• Financial Management and Accounting Research Conference (FMARC), Paphos, Cyprus, 2022 – Member of the Program Committee
• European Financial Management Association (EFMA), Rome, Italy, 2022 – Member of the Program Committee
• Northern Finance Association (NFA), Virtual, University of Waterloo, 2021 – Member of the Program Committee
• European Financial Management Association (EFMA), Leeds, UK, 2021 – Member of the Program Committee
• Northern Finance Association (NFA), Alberta, Canada, 2020 – Member of the Program Committee
• European Financial Management Association (EFMA), Dublin, Ireland, 2020 – Member of the Program Committee
• Portuguese Finance Network Conference (PFN), Braga, Portugal, 2020 – Member of the Scientific Committee
• Northern Finance Association (NFA), Vancouver, Canada, 2019 – Member of the Program Committee
• European Financial Management Association (EFMA), Milan, Italy, 2018 – Member of the Program Committee
• International Conference of the Financial Engineering and Banking Society (IFEBS), Rome, Italy, 2018 – Member of the Scientific Committee
• European Financial Management Association (EFMA), Athens, Greece, 2017 – Member of the Program Committee
• International Conference of the Financial Engineering and Banking Society (IFEBS), Glasgow, Scotland, UK, 2017 – Member of the Scientific Committee
• Surrey-IFABS Conference, Guildford, Surrey, UK, 2016 – Member of the Organizing Committee
• European Financial Management Association (EFMA), Basel, Switzerland, 2016 – Member of the Program Committee
• 19th Annual Conference of the Swiss Society for Financial Market Research (SGF Conference), Zurich, Switzerland, 2016 – Member of the Program Committee
• International Conference of the Financial Engineering and Banking Society (IFEBS), Malaga, Spain, 2016 – Member of the Scientific Committee
• Hellenic Finance and Accounting Association (HFAA), Athens, Greece, 2015 – Member of the Scientific Committee
• European Financial Management Association (EFMA), Amsterdam, Netherlands, 2015 – Member of the Program Committee
• 18th Annual Conference of the Swiss Society for Financial Market Research (SGF Conference), Zurich, Switzerland, 2015 – Member of the Program Committee
• International Conference of the Financial Engineering and Banking Society (IFEBS), Nantes, France, 2015 – Member of the Scientific Committee
• Hellenic Finance and Accounting Association (HFAA), Volos, Greece, 2014 – Member of the Scientific Committee
• European Financial Management Association (EFMA), Rome, Italy, 2014 – Member of the Program Committee
• Conference of the Financial Engineering and Banking Society (IFEBS), Athens, Greece, 2014 – Member of the Scientific Committee
• International Conference of the Financial Engineering and Banking Society (IFEBS): “Global Trends in Financial Intermediation, Financial Markets and Financial Modelling”, Surrey, UK, 2014 – Member of the Scientific Committee
• European Financial Management Association (EFMA), Reading, UK, 2013 – Member of the Program Committee
• Conference on Banking, Finance, Money and Institutions: The Post Crisis Era, Surrey, UK, 2013 – Member of the Program Committee
• Financial Management Association (FMA), Istanbul, Turkey, 2012 – Member of the Committee for the Best Paper Award in Corporate Finance

External Examiner/Assessor

• Durham University Business School, Durham University, UK – External Examiner in a PhD Viva, 2019
• School of Science and Technology, University of New England, Australia – External Examiner in a PhD Viva, 2019
• Durham University Business School, Durham University, UK – External Examiner in a PhD Viva, 2017
• ICMA Centre, Henley Business School, University of Reading, Reading, UK – External Examiner in a PhD Viva, 2016
• Loughborough University, School of Business and Economics, Leicestershire, UK – External Examiner, 2015–Present
• ICMA Centre, Henley Business School, University of Reading, Reading, UK – External Examiner in a PhD Viva, 2015
• Durham University Business School, Durham University, UK – External Examiner in a PhD Viva, 2014
• Durham University Business School, Durham University, UK – External Examiner in a PhD Viva, 2013a
• Durham University Business School, Durham University, UK – External Examiner in a PhD Viva, 2013b
• ICMA Centre, Henley Business School, University of Reading, Reading, UK – External Examiner, 2012–2016
• Brunel University, Department of Economics and Finance, School of Social Sciences, UK – External Examiner in a PhD Viva, 2010
• University of Portsmouth, Portsmouth Business School, Portsmouth, UK – External Examiner, 2007–2012
• Canterbury Christ Church University, Business School, Canterbury, Kent, UK – External Examiner & Validation Assessor of the MSc in Managerial Finance, 2008–2012

Other Professional Services

• External Evaluation Committee (Agency of Quality Assurance and Accreditation in Higher Education)
  • 2023 (Athens University of Economics and Business, Greece)
  • 2023 (International Helenic University, Greece)
  • 2023 (University of Thessaly, Greece)
  • 2023 (Democritus University of Thrace, Greece)
  • 2019 (European Institute of Management & Finance, Cyprus)
  • 2018 (CBS College & CTL Eurocollege, Cyprus)
• External Advisor for the MSc in Finance
  • 2015 (ALBA Graduate Business School, Greece)
• External Recruitment/Evaluation Committee for Hiring/Promotion of Academic Staff
  • 2022 (University of Piraeus, Greece)
  • 2022 (University of Piraeus, Greece)
  • 2022 (Athens University of Economics and Business, Greece)
  • 2020 (University of Piraeus, Greece)
  • 2019 (University of Macedonia, Greece)
  • 2019 (Athens University of Economics and Business, Greece)
  • 2019 (Athens University of Economics and Business, Greece)
  • 2018 (University of Piraeus, Greece)
  • 2017 (University of Piraeus, Greece)
  • 2016 (ALBA Graduate Business School at The American College of Greece, Greece)
  • 2016 (Technological Education Institute of Western Macedonia, Greece)
  • 2016 (Eastern Macedonia and Thrace Institute of Technology, Greece)
  • 2015 (ALBA Graduate Business School at The American College of Greece, Greece)
  • 2015 (Università Cattolica del Sacro Cuore, Italy) 
  • 2015 (University of Surrey - School of Law, UK)
  • 2014 (University of Macedonia, Greece)
  • 2014 (Cyprus University of Technology, Cyprus)
  • 2013 (University of Thessaly, Greece)
  • 2013 (University of Piraeus, Greece)
  • 2013 (Technical University of Crete, Greece)
  • 2013 (University of Macedonia, Greece) 
  • 2012 (University of Piraeus, Greece)
  • 2012 (Technological Education Institute of Western Macedonia, Greece)
• External Evaluation Committee (Hellenic Quality Assurance and Accreditation Agency) 
  • 2013 (Department of Business Administration, University of Piraeus, Greece)
• Internal Recruitment Committee for Hiring/Promotion of Academic Staff
  • 2011-2020 (Surrey Business School, University of Surrey)

• Mergers and Acquisitions, Behavioral Corporate Finance, Investment Banking, Corporate Governance, Corporate Innovation, CSR, Cash Holdings, Asset Sales, Working Capital Management, Credit Ratings, Political Connections

Chapter in book

• Golubov, A., Petmezas, D., & Travlos, N. G. (in press). Empirical M&A Research: A Review of Methods, Evidence and Managerial Implications. In A. R. Bell, C. Brooks, & M. Prokopczuk (Eds.), Handbook of Research Methods and Applications in Empirical Finance. Edward Elgar, Cheltenham, UK. https://doi.org/10.4337/9780857936097

Journal Article

• Nguyen, T., Petmezas, D., & Karampatsas, N. (2023). Does Terrorism Affect Acquisitions?. Management Science, 69(7), 4134-4168. https://doi.org/10.1287/mnsc.2022.4506
• Galariotis, E., Louca, C., Petmezas, D., & Wang, S. (2023). Agency Costs of Debt and Inside Debt: The Role of CEO Overconfidence. British Journal of Management, 34(3), 1606-1631. https://doi.org/10.1111/1467-8551.12661
• Fich, E. M., Nguyen, T., & Petmezas, D. (2023). The Effects of Terrorist Attacks on Inventor Productivity and Mobility. Research Policy, 52(1), Article 104655. https://doi.org/10.1016/j.respol.2022.104655
• Onal, B., Petmezas, D., & Xiong, N. (2022). Societal Equality Sentiment and Executive Compensation. Journal of Corporate Finance, 77, Article 102314. https://doi.org/10.1016/j.jcorpfin.2022.102314
• Aktas, N., Petmezas, D., Servaes, H., & Karampatsas, N. (2021). Credit Ratings and Acquisitions. Journal of Corporate Finance, 69, Article 101986. https://doi.org/10.1016/j.jcorpfin.2021.101986
• Mavis, C. P., McNamee, N. P., Petmezas, D., & Travlos, N. G. (2020). Selling to buy: Asset sales and acquisitions. Journal of Corporate Finance, 62, Article 101587. https://doi.org/10.1016/j.jcorpfin.2020.101587
• Dahya, J., Golubov, A., Petmezas, D., & Travlos, N. G. (2019). Governance mandates, outside directors, and acquirer performance. Journal of Corporate Finance, 59, 218-238. https://doi.org/10.1016/j.jcorpfin.2016.11.005
• Aktas, N., Louca, C., & Petmezas, D. (2019). CEO overconfidence and the value of corporate cash holdings. Journal of Corporate Finance, 54, 85-106. https://doi.org/10.1016/j.jcorpfin.2018.11.006
• Croci, E., Pantzalis, C., Park, J. C., & Petmezas, D. (2017). The role of corporate political strategies in M&As. Journal of Corporate Finance, 43, 260-287. https://doi.org/10.1016/j.jcorpfin.2017.01.009
• Golubov, A., Petmezas, D., & Travlos, N. G. (2016). Do Stock-Financed Acquisitions Destroy Value? New Methods and Evidence. Review of Finance, 20(1), 161-200. https://doi.org/10.1093/rof/rfv009
• Croci, E., & Petmezas, D. (2015). Do risk-taking incentives induce CEOs to invest? Evidence from acquisitions. Journal of Corporate Finance, 32, 1-23. https://doi.org/10.1016/j.jcorpfin.2015.03.001
• Aktas, N., Croci, E., & Petmezas, D. (2015). Is working capital management value-enhancing? Evidence from firm performance and investments. Journal of Corporate Finance, 30, 98-113. https://doi.org/10.1016/j.jcorpfin.2014.12.008
• Petmezas, D., & Santamaria, D. (2014). Investor induced contagion during the banking and European sovereign debt crisis of 2007–2012: Wealth effect or portfolio rebalancing?. Journal of International Money and Finance, 49, 401-424. https://doi.org/10.1016/j.jimonfin.2014.06.005
• Karampatsas, N., Petmezas, D., & Travlos, N. G. (2014). Credit ratings and the choice of payment method in mergers and acquisitions. Journal of Corporate Finance, 25, 474-493. https://doi.org/10.1016/j.jcorpfin.2014.01.008
• Guo, J. (., & Petmezas, D. (2012). What are the Causes and Effects of the M&As? The UK Evidence. Multinational finance journal, 16(1/2), 21-47. https://doi.org/10.17578/16-1/2-2
• Gounopoulos, D., Petmezas, D., & Santamaria, D. (2012). Forecasting Tourist Arrivals in Greece and the Impact of Macroeconomic Shocks from the Countries of Tourists’ Origin. Annals of Tourism Research, 39(2), 641-666. https://doi.org/10.1016/j.annals.2011.09.001
• Golubov, A., Petmezas, D., & Travlos, N. G. (2012). When It Pays to Pay Your Investment Banker: New Evidence on the Role of Financial Advisors in M&As. Journal of Finance, 67(1), 271-312. https://doi.org/10.1111/j.1540-6261.2011.01712.x
• Croci, E., Petmezas, D., & Travlos, N. (2012). Asymmetric Information and Target Firm Returns. European Journal of Finance, 18(7), 639-661. https://doi.org/10.1080/1351847x.2011.599850
• Croci, E., Petmezas, D., & Vagenas-Nanos, E. (2010). Managerial Overconfidence in High and Low Valuation Markets and Gains to Acquisitions. International Review of Financial Analysis, 19(5), 368-378. https://doi.org/10.1016/j.irfa.2010.06.003
• Croci, E., & Petmezas, D. (2010). Minority Shareholders’ Wealth Effects and Stock Market Development: Evidence from Increase-in-Ownership M&As. Journal of Banking and Finance, 34(3), 681-694. https://doi.org/10.1016/j.jbankfin.2009.09.003
• Alexandridis, G., Petmezas, D., & Travlos, N. (2010). Gains from Mergers and Acquisitions Around the World: New Evidence. Financial Management, 39(4), 1671-1695. https://doi.org/10.1111/j.1755-053x.2010.01126.x
• Petmezas, D. (2009). What Drives Acquisitions? Market Valuations and Bidder Performance. Journal of Multinational Financial Management, 19(1), 54-74. https://doi.org/10.1016/j.mulfin.2008.05.001
• Antoniou, A., Guo, M. (., & Petmezas, D. (2008). Merger momentum and market valuations: the UK evidence. Applied financial economics, 18(17), 1411-1423. https://doi.org/10.1080/09603100701720468
• Antoniou, A., Petmezas, D., & Zhao, H. (2007). Bidder Gains and Losses of Firms Involved in Many Acquisitions. Journal of Business Finance and Accounting, 34(7-8), 1221-1244. https://doi.org/10.1111/j.1468-5957.2007.02012.x
• Alexandridis, G., Antoniou, A., & Petmezas, D. (2007). Divergence of Opinion and Post-Acquisition Performance. Journal of Business Finance and Accounting, 34(3-4), 439-460. https://doi.org/10.1111/j.1468-5957.2007.02043.x
• Petmezas, D., & Doukas, J. (2007). Acquisitions, Overconfident Managers and Self-attribution Bias. European Financial Management, 13(3), 531-577. https://doi.org/10.1111/j.1468-036x.2007.00371.x