Dr. Pasiouras’ CV / Updated: 08 January 2014 1
CURRICULUM VITAE
Name: FOTIOS PASIOURAS
Work Address: Financial Engineering Laboratory, School of Production
Engineering and Management, Technical University of
Crete, Chania, 73100, Greece, [email protected]
&
Surrey Business School, University of Surrey, Guildford,
Surrey, GU2 7XH, UK, [email protected]
Citizenship: Greek
Date of Birth: 17 September 1976
Marital Status: married, two children
EDUCATION:
2001-2005 : Doctor of Philosophy (PhD), Coventry Business School, Coventry
University, UK
Thesis Title: Development of banks acquisition targets prediction models
Supervisors: Sailesh Tanna (Director of studies, Coventry University), Constantin
Zopounidis (Technical University of Crete), Angelos Tsaklanganos (Aristotle
University of Thessaloniki)
2000-2001 : Master of Business Administration (M.B.A) in Finance, Coventry
Business School, Coventry University, (UK)
1994-2000 : Bachelor in Economics, Aristotle University of Thessaloniki (Greece),
School of Law & Economics, Department of Economics, Division of
Business Studies
Other
2006-2008: Teaching Development Programme, University of Bath, UK
Units Completed: Developing Effective Learning and Teaching Strategies (6
Masters Level credits), Enhancing Learning and Teaching (12 Masters Level
credits)
08/2007 : Certificate in International Auditing, Association of Chartered Certified
Accountants (ACCA)
06/2002 : Passed the LEVEL I exams of the Chartered Financial Analyst (CFA)
Program, CFA Institute (U.S.A.)
Dr. Pasiouras’ CV / Updated: 08 January 2014 2
TEACHING/RESEARCH EXPERIENCE:
Current Positions
-- Associate Professor (Tenured) of Quantitative Techniques in Business Administration,
School of Production Engineering and Management, Technical University of Crete, Greece
(09/2013- )
Courses: Financial Risk Management (BSc, 2009- ), Quantitative Techniques in Banking Risk
Management (MSc, 2009- ), Strategic Planning (BSc, 2012- )
-- Reader in Banking and Finance, Surrey Business School, Surrey University, UK (09/2012-)
- Courses: Money and Banking (MSc), Business Finance (BSc)
-- Adjunct Professor, Department of Business Administration, School of Social Sciences,
Hellenic Open University (10/2011 - ) - Courses: Money and Capital Markets (BSc)
-- Visiting Research Scholar, Centre for Financial and Risk Management, Audencia Nantes
School of Management, France (06/2011 - )
-- Associate Member, Centre for Governance & Regulation, School of Management,
University of Bath, UK (02/2013 – )
Past & Short term Positions
-- Assistant Professor of Quantitative Techniques in Business Administration, Department of
Production Engineering and Management, Technical University of Crete, Greece (08/2009 -
09/2013)
Course: Financial Risk Management (BSc, 2009- ), Quantitative Techniques in Banking Risk
Management (MSc, 2009- ), Strategic Planning (BSc, 2012- ), Investment Decision Making
Analysis (BSc, 2009-2012), Financial Decision Making Analysis (BSc, 2009-2012)
-- Lecturer B (Assistant Professor) in Accounting, School of Management, University of
Bath, UK (07/2006-08/2009) - Courses: Management accounting (BSc, 2006-09); Strategic management accounting (MSc,
2006-09); Financial management (Executive MBA, co-teaching with Prof. C. Ioannidis; 2006-
07); Risk Management & Internal Control (BSc, 2007-09)
-- Visiting Fellow, Centre for Governance & Regulation, University of Bath School of
Management, UK (11/2009 – 10/2012)
-- Honorary Research Fellow, Faculty of Business Environment & Society, Coventry
University, UK (02/2006 – 02/2013)
-- Visiting Professor, EADA Business School, Spain (05/11/2011 – 11/11/2011) - Courses: Financial Mathematics (MSc)
Dr. Pasiouras’ CV / Updated: 08 January 2014 3
-- Visiting Professor, Mediterranean Agronomic Institute of Chania (Greece) (constituent
institute of the International Centre for Advanced Mediterranean Agronomic Studies-
CIHEAM) - MSc courses (in English): Financial Management, (26-30/03/2007; 31/03-04/04/2008; 30/03
– 03/04-2009), Project Appraisal Analysis (08/02 -12/02/2010), Theory and Applications of
Cost-Benefit Analysis" (21/02 – 25/02/2011; 20/02-24/02/2012)
-- Associate Member, Centre for Governance & Regulation, School of Management,
University of Bath, UK (05/2009 – 10/2009)
-- Visiting Scholar (Coordinator of the Productivity & Intermediation Workshop), Lally
School of Management & Technology, Rensselaer Polytechnic Institute, USA (03/04/2011 -
09 /04/2011)
-- Associate Tutor, School of Management, University of Leicester, UK (04/2009-09/2009 &
04/2010 – 09/2010) (Supervision of dissertations: MSc in Finance and MSc in Finance &
Accounting)
-- Member of the research team of the Financial Engineering Laboratory (Research &
Teaching Assistant/Research Associate), Department of Production Engineering &
Management, Technical University of Crete (09/2002-06/2006)
- Research Associate (Economist) between 09/2005 and 06/2006, involved in the research project
“Multiple-criteria for comparing the competitiveness and growth in the EU countries” funded
from PYTHAGORAS II “Operational Programme for Education and Initial Vocational Training”
(O.P “Education)
- Research Assistant between 9/2002 and 8/2005, involved in research in finance and economics in
collaboration with other members of the financial engineering laboratory
- Teaching Assistant in Operational Research (09/2005-10/2005), Financial Management (10/2004-
12/2004 & 09/2003-02/2004), Investment Decision Analysis (07/2004-08/2004)
-- Foreign Research Fellow, Centre for Central Banking Education and Studies, Central
Bank of Indonesia (06/2008 – 12/2008)
-- Researcher/Speaker, American Banking & Financial Leadership Institute LLC (12/2006-
6/2008)
-- Instructor, Public Vocational Training Institute (I.E.K.) of Greece (Department of Chania,
Division of Management & Economics (various teaching contracts between 10/2002 &
06/2006) - Courses: Basic Principles of Business Administration (10/2005-06/2006), Basic Principles of
Business Administration (10/2004-01/2005, Basic principles of Accounting and Taxation
(10/2004-01/2005), Cost Accounting I & II (10/2002-06/2003)
ADMINISTRATIVE / OTHER DUTIES
-- Co-director of Research in Financial & Banking Management, Financial Engineering
Laboratory, Technical University of Crete, Greece (01/2010 - )
-- Co-Director, Centre for Money, Banking and Institutions, University of Surrey (01/2013- )
Dr. Pasiouras’ CV / Updated: 08 January 2014 4
-- Founding Editor & Editor-in-Chief, International Journal of Banking, Accounting and
Finance (Inderscience Publishers) (07/2007 – present; Co-Editors-in-Chief since 06/2009: Philip
Molyneux, Bangor University, UK & Andrea Resti, Bocconi University, Italy)
-- Co-coordinator of the EURO Working Group on Efficiency & Productivity Analysis
(EWG-EPA) - European Operational Research Society (01/2010 - )
-- Founding member & Board Member (Secretary of the Executive Board), Financial
Engineering and Banking Society (10/2010 - )
-- Advisory Committee, Society of Interdisciplinary Business Research (08/2010 - )
-- Erasmus Coordinator, Department of Production Engineering & Management, Technical
University of Crete (09/2010 - )
-- Representative of the University of Bath School of Management at the Board of Studies of
the Faculty of Humanities and Social Sciences-University of Bath (10/2007 – 08/2009)
Editorial Board membership
Editorial Advisory Board, Managerial Finance (Emerald) (04/2007 – present)
Editorial Board Member, International Journal of Portfolio Analysis & Management
(Inderscience Publishers) (09/2011 – present)
Editorial Board Member, International Journal of Financial Engineering and Risk
Management (Inderscience Publishers) (2013 – present)
Editorial Advisory Board, EuroMed Journal of Business (Emerald) (11/2008 – present)
Editorial member, International Business Management (Medwell Journals) (04/2007-present)
Editorial Board Member, Journal of Financial Decision Making (Klidarithmos Publications)
(07/2007- December 2011).
Editorial Board Member, International Journal of Applied Management Science (Inderscience
Publishers) (10/2007-present)
Editorial Board Member, International Journal of Engineering and Management (Serials
Publications (11/2007-present)
Editorial Assistant, Journal of Financial Decision Making (Klidarithmos Publications)
(11/2006-07/2007)
Guest Editorships
Guest Editor of Special Issue with selected papers from the 2014 FEBS International
Conference, Journal of Banking and Finance (to appear). (Co-Editors: M. Delis, C.
Gaganis. A. Yan)
Guest Editor of Special Issue with selected papers from the 2013 Surrey-Fordham Conference
on “Banking, Finance, Money, and Institutions: The Post Crisis Era”, International Review
of Financial Analysis (in progress). (Co-Editors: M. Delis, I. Hasan)
Dr. Pasiouras’ CV / Updated: 08 January 2014 5
Guest Editor of Special Issue with selected papers from the 2013 Surrey-Fordham Conference
on “Banking, Finance, Money, and Institutions: The Post Crisis Era”, Financial Markets,
Institutions and Instruments (in progress). (Co-Editors: M. Delis, I. Hasan)
Guest Editor of Special Issue with selected papers from the 2012 FEBS international
conference, Journal of Banking and Finance (2013, Vol 37, Issue 12). (Co-Editors: K.
Andriosopoulos, C. Zopounidis)
Guest Editor of Special Issue with selected papers from the 2010 EWG-EPA conference,
Journal of Productivity Analysis, (2013, Vol. 39, No. 2). (Co-Editors: M.D. Fethi, C.
Zopounidis)
Guest Editor of Special Issue with selected papers from the 2008 Hellenic Finance &
Accounting Association Conference, Managerial Finance (2013, Vol. 39, Issue 9) (Co-
editors: C. Zopounidis, C. Gaganis)
Guest Editor of Special Issue on “Empirical Research in EU Banking Sector and the financial
crisis”, Omega (2010, Vol. 38, No. 5) (Co-editor: C. Zopounidis)
Guest Editor of Special Issue with selected papers from the 2008 Hellenic Finance &
Accounting Association Conference, International Journal of Managerial and Financial
Accounting (2010, Vo. 2, No. 1). (Co-editors: C. Zopounidis, C. Gaganis)
Guest Editor of Special Issue with selected papers from the 2008 Hellenic Finance &
Accounting Association Conference, International Journal of Financial Services
Management (2010, Vol. 4, No. 3). (Co-Editors: M. Doumpos, C. Zopoundis),
Guest Editor, Special Issue on “Efficiency of Financial Institutions”, Managerial Finance
(2009, Vol. 35, Issues 2 and 3).
AWARDS / EVIDENCE OF ESTEEM
-- “Dean's Award for Research Excellence 2007/08”, University of Bath School of
Management, June 2008 (At the time of the award the Bath School of Management had around 80
academics, a 5A UK- 2001 RAE rating, and it was ranked 7th in Europe and 58th in the world for its
research achievements according to the Financial Times)
-- “Highly Commended Award Winner at the Literati Network Awards for Excellence
2009”, for the paper “Consolidation in the Greek banking sector: Which banks are
acquired?” (co-author C. Zopounidis) published in Managerial Finance, 24 (3), 2008.
-- “2008 Emerald Literati Network Highly Commended Award”, for the paper “A
multivariate analysis of the determinants of auditors’ opinions on Asian banks” (co-author C.
Gaganis) published in Managerial Auditing Journal, 22 (3), 2007.
-- “Frank B Dehn & Co Best Research Student Prize”, PhD Thesis Award, Coventry
University, 2005.
-- Included in Marquis Who’s Who in the World (27th
Edition, 2010 & 31st Edition,
2014)
-- Included in the following IDEAS/RePEc lists: “Top Young Economists” (153th in the
world), “Top 10% authors in the field of Banking” (83rd
in the world out of 1,134 authors),
Top 12.5% authors in European Union (1,835th out of 17,705 authors) (rankings valid as
of August 2013).
Dr. Pasiouras’ CV / Updated: 08 January 2014 6
RESEARCH FUNDING – CONSULTANCY
1. “Risk Assessment and Stress Testing on European Banks” funded under the Thales project,
co-financed by the Hellenic Ministry of Education, Life Long Learning & Religious Affairs
and the European Union, (part of large submission team; Coordinator: S. Papadopoulos,
Democritus University of Thrace), 01/09/2010-31/08/2014.
2. Research Promotion Foundation-Cyprus, “Firm performance and ownership by financial
institutions: the case of Cyprus”, (with P. Theodossiou -Coordinator, C. Gaganis, C.
Zopounidis), Sept 2011-Sept 2012.
3. Special Research Fund Account (ELKE), Technical University of Crete - Greece, “The
joint effects of national culture and corporate governance on firms’ financial risk-taking”,
Principal Investigator (with K. Tsirigotakis -PhD student), Sept 2011-Aug 2012.
4. Special Research Fund Account (ELKE), Technical University of Crete - Greece,
“Development of quantitative models for the prediction of securities class actions, Principal
Investigator (with V. Balla-PhD student), Sept 2010-Sept 2012.
5. Organization for Economic Cooperation and Development (OECD), “Contract for
intellectual services 2010 relative to a submission of a draft chapter for the 2010 economic
review of Spain”, (with A. Lozano-Vivas), Feb –June 2010.
6. Centre for Applied Research in Finance (CAREFIN) – Bocconi University-Italy,
“Regulations and soundness of insurance firms: international evidence”, (with C. Gaganis),
Dec 2008 – May 2009.
7. University of Bath School of Management-UK, Seeding Fund for project “Regulations and
soundness of insurance firms: international evidence”, Jan - July 2009
PUBLICATIONS & CONFERENCES
I. Books
1. Pasiouras F. (Editor), (2013), Efficiency and Productivity Growth: Modelling in the
Financial Services Industry, John Wiley & Sons Ltd.
2. Pasiouras F., (2012), Greek Banking: From The Pre-Euro Reforms to the Financial Crisis
and Beyond, Palgrave Macmillan
3. Fethi M., Gaganis C., Pasiouras F., Zopounidis C. (Editors), (2012), Financial Services:
Efficiency and Risk Management, Nova Science Publishers.
4. Pasiouras F., Doumpos M., Zopounidis C., (2006), Predicting acquisitions:
Methodological Framework and Applications, Klidarithmos Publications (In Greek)
5. Zopounidis C., Gaganis C., Pasiouras F. (Editors), (2006), Evaluation techniques and
current issues in economics and financial management, Klidarithmos Publications (In Greek).
6. Pasiouras F., Tanna S., Zopounidis C., (2005), Application of Quantitative Techniques for
the Prediction of Bank Acquisition Targets, World Scientific Publishing Co.
Dr. Pasiouras’ CV / Updated: 08 January 2014 7
II. Academic Papers
A. Papers in Edited books
59. Anastasia Koutsomanoli-Filippaki A., Mamatzakis E., Pasiouras F., (2013), A quantile
regression approach to bank efficiency measurement, In: Efficiency and Productivity Growth:
Modelling in the Financial Services Industry, Pasiouras F. (Editor), John Wiley & Sons Ltd.
58. Pasiouras F., Zopounidis C., (2009), Multi-criteria methodologies for mergers and
acquisitions, In: Encyclopedia of Optimization - 2nd Edition, Floudas C.A., Pardalos P.M.
(Eds.), Springer.
57. Pasiouras F., Gaganis C., Tanna S., Zopounidis C., (2008), An Application of support
vector machines in the prediction of acquisition targets: evidence from the EU banking sector,
In: Handbook of Financial Engineering, Zopounidis C., Doumpos M., Pardalos P. (Eds),
Springer.
56. Kosmidou K., Doumpos M., Pasiouras F., Zopounidis C., (2008), Assessing the
competitiveness of European Countries, In: Development Economics Research Trends, Rocha
G.T. (Ed.), Nova Publishers, pp. 149-164.
B. Papers in refereed (academic) Journals
55. Lozano-Vivas A., Pasiouras F., Bank productivity change and off-balance-sheet activities
across different levels of economic development, Journal of Financial Services Research,
Forthcoming (Impact factor 2012: 1.176; ABS ranking: 3)
54. Balla V., Gaganis C., Pasiouras F., Zopounidis C., Multicriteria decision aid models for
the prediction of securities class actions: evidence from the banking sector, OR Spectrum,
Forthcoming (Impact factor 2012: 1.410; ABS: 3)
53. Gaganis C., Hasan I., Pasiouras F., Profit efficiency and stock returns: Evidence from the
insurance industry, Journal of Productivity Analysis, Forthcoming (Impact factor 2012:
1.068; ABS ranking: 2)
52. Gaganis C., Pasiouras F., (2013), Financial supervision regimes and bank efficiency:
International evidence, Journal of Banking & Finance, 37 (12), 5463-5475 (Impact factor
2012: 1.287; ABS ranking: 3)
51. Gaganis C., Pasiouras F., Tsaklanganos A., (2013), Taxation and bank efficiency: Cross-
country evidence, International Journal of the Economics of Business, 20 (2), 229-244
(ABS ranking: 3)
50. Gaganis C., Pasiouras F., Spathis Ch., (2013), Regulations and Audit Opinions: Evidence
from EU Banking Institutions, Computational Economics, 41 (3), 387-405 (Impact factor
2012: 0.463)
49. Pasiouras F., Gaganis C., (2013), Regulations and soundness of insurance firms:
international evidence, Journal of Business Research, 66 (5), 632-642 (5-year impact
factor: 1.484; ABS ranking: 3)
Dr. Pasiouras’ CV / Updated: 08 January 2014 8
48. Doumpos M., Gaganis C., Pasiouras F., (2012), Estimating and explaining the financial
performance of property and casualty insurers: A two-stage analysis, JCC: The Business and
Economics Research Journal, 5(2), 155-170.
47. Andriosopoulos D., Gaganis C., Pasiouras F., Zopounidis C., (2012), An application of
multicriteria decision aid models in the prediction of open market share repurchases, Omega-
The International Journal of Management Science, 40 (6), 882-890 (Impact factor 2012:
3.024; ABS ranking: 3)
46. Tanna S., Pasiouras F., Nnadi M., (2011), The effect of board size and composition on the
efficiency of UK banks, International Journal of the Economics of Business, 18 (3), 441-
462. (ABS: 3)
45. Pasiouras F., Tanna S., Gaganis C., (2011), What drives acquisitions in the EU banking
industry? The role of bank regulation and supervision framework, bank-specific and market-
specific factors, Financial Markets, Institutions & Instruments, 20 (2), 29-77 (ABS: 3)
44. Delis M., Molyneux P., Pasiouras F., (2011), Regulations and productivity growth in
banking: evidence from transition economies, Journal of Money, Credit and Banking, 43
(4), 735-764. (Impact factor 2012: 1.104; ABS: 4)
43. Agoraki M-E., Delis M., Pasiouras F., (2011), Regulations, Competition and bank risk-
taking in transition countries, Journal of Financial Stability, 7, 38-48 (Ranked 12th
(Oct-Dec
09), 13th
(Jan-Mar ’10), 17th
(Apr-June ’10), 20th
(Jun-Sept ’10), under top 25 hottest articles of the
journal) (Impact factor 2012: 1.463; ABS: 1)
42. Pasiouras F., Sifodaskalakis E., Zopounidis C., (2011), The cost efficiency of Greek
cooperative banks: a two-stage DEA analysis, International Journal of Financial Services
Management, 5 (1), 34-51.
41. Lozano-Vivas A., Pasiouras F., (2010), The impact of non-traditional activities on bank
efficiency: international evidence, Journal of Banking & Finance, 34 (7), 1436-1449.
(Impact factor 2012: 1.287; ABS: 3)
40. Ioannidis C., Pasiouras F., Zopounidis C., (2010), Assessing bank soundness with
classification techniques, Omega- The International Journal of Management Science, 38,
345-357. (Impact factor 2012: 3.024; ABS: 3)
39. Gaganis C., Pasiouras F., Doumpos M., Zopounidis C., (2010), Modelling banking sector
stability with multicriteria approaches, Optimization Letters, 4 (4), 543-558.
(Impact factor 2012: 1.654)
38. Pasiouras F., Sifodaskalakis E., (2010), Total factor productivity change of Greek
cooperative banks, Managerial Finance, 36 (4), 337-353. (ABS: 1)
37. Pasiouras F., Gaganis C., Zopounidis C., (2010), Multicriteria classification models for
the identification of targets and acquirers in the Asian banking sector, European Journal of
Operational Research, 204, 328-335. (Impact factor 2012: 2.038; ABS: 3)
36. Fethi D.M., Pasiouras F., (2010) Assessing Bank Efficiency and Performance with
Operational Research and Artificial Intelligent Techniques: A Survey, European Journal of
Operational Research, 204, 189-198. (Ranked 8th
(Jan-Mar ’10), 17th
(Apr-June ’10), under top 25
hottest articles of the journal). (Impact factor 2012: 2.038; ABS:3 )
Dr. Pasiouras’ CV / Updated: 08 January 2014 9
35. Pasiouras F., Tanna S., (2010), The Prediction of bank acquisition targets with
discriminant and logit analyses: methodological issues and empirical evidence, Research in
International Business and Finance, 24, 39-61. (ABS: 2)
34. Pasiouras F., Tanna S., Zopounidis C., (2009), The impact of banking regulations on
banks' cost and profit efficiency: Cross-country evidence, International Review of Financial
Analysis, 18 (5), 294-302. (ABS: 3)
33. Gaganis C., Pasiouras F., (2009), Efficiency in the Greek banking industry: a comparison
of foreign and domestic banks, International Journal of the Economics of Business, 16 (2),
221- 237. (ABS: 3)
32. Pasiouras F., Gaganis C., (2009), Are the financial characteristics of acquired banks
similar across EU countries? Empirical evidence from the principal banking markets, Applied
Economics Letters, 16 (6), 619-623. (ABS: 1)
31. Pasiouras F., Tzanetoulakos A., Zopounidis C., (2009), Predicting business failure: An
application of multicriteria decision aid techniques in the case of small UK manufacturing
firms, International Journal of Risk Assessment & Management, 11 (1/2), 1-19.
30. Pasiouras F., Gaganis C., Zopounidis C., (2008), Regulations, supervision approaches and
acquisition likelihood in the Asian banking industry, Asia-Pacific Financial Markets, 15 (2),
135-154.
29. Pasiouras F., Liadaki A., Zopounidis C., (2008), Bank efficiency and share performance:
Evidence from Greece, Applied Financial Economics, 18 (14), 1121-1130. (ABS: 2)
28. Gaganis C., Tanna S., Pasiouras F., Zopounidis C., (2008), Binary choice models for
external auditors’ decision in Asian banks, Operational Research: An International
Journal, 8, 123-139.
27. Pasiouras F., (2008), Estimating the technical and scale efficiency of Greek commercial
banks: the impact of credit risk, off-balance sheet activities, and international operations,
Research in International Business and Finance, 22, 301-308. (Ranked 1st (July-Sept ’08), 2
nd
(Oct-Dec ’07 & Jan-Mar ‘09), 3rd
(April-June ’08 & Oct-Dec ’08), 4th
(Jan-Mar ’08), 5th
(Jul-Sept ’09;
Oct-Dec ‘09), 6th
(Jun- Mar ’10; Apr-Jun ‘10), 8th
(Jul-Sept ’10), 9th (Apr-Jun ’09), under top 25
hottest articles of the journal) (ABS: 2)
26. Pasiouras F., Zopounidis C., (2008), Consolidation in the Greek banking sector: Which
banks are acquired?, Managerial Finance, 24 (3), 198-213. Received the 2009 Emerald Literati
Network Highly Commended Award (ABS: 1)
25. Pasiouras F., (2008), International evidence on the impact of regulations and supervision
on banks’ efficiency: an application of two-stage data envelopment analysis, Review of
Quantitative Finance & Accounting, 30 (2), 187-223 (ABS: 3)
24. Gaganis C., Pasiouras F., Spathis Ch. , Zopounidis C., (2007), A comparison of nearest
neighbours, discriminant and logit models for auditing decisions, Intelligent Systems in
Accounting, Finance & Management, 15, 23-40. (ABS: 2)
23. Zopounidis C., Doumpos M., Pasiouras F., (2007), A multicriteria framework for the
prediction of corporate failure in the UK, Frontiers in Finance and Economics, 4 (1), 65-90.
22. Pasiouras F., Gaganis C., Doumpos M., (2007), A multicriteria discrimination approach
for the credit rating of Asian banks, Annals of Finance, 3 (3), 351-367. (ABS: 1)
Dr. Pasiouras’ CV / Updated: 08 January 2014 10
21. Pasiouras F., Tanna S., Zopounidis C., (2007), The identification of acquisition targets in
the EU banking industry: an application of multicriteria approaches, International Review of
Financial Analysis, 16 (3), 262-281. (ABS: 3)
20. Pasiouras F., Kosmidou K., (2007), Factors influencing the profitability of domestic and
foreign commercial banks in the European Union, Research in International Business &
Finance, 21 (2), 222-237. (Ranked 2nd
(Jul-Sep ’06, April-June ’07, July-Sept. ‘08), 3rd
(Jul-Sep ’07;
Jul-Sep ‘09; Jul-Sep ‘10), 4th
(Oct-Dec ’07; Jan-Mar ‘10), 5th
(Jan-Mar ’08; April-June ’08; April-June
‘10), 7th
(Oct-Dec ’09), 9th
(Jan-Mar ’07 & Oct-Dec ‘08), 15th
(Oct-Dec ’06, Jan-Mar ‘09) 25th (April-
June ’09), under top 25 hottest articles of the journal) (ABS: 2)
19. Gaganis C., Pasiouras F., (2007), A Multivariate Analysis of the Determinants of
Auditors’ Opinion on Asian Banks, Managerial Auditing Journal, 22 (3), 268-287. Received
the 2008 Emerald Literati Network Highly Commended Award (ABS: 1)
18. Pasiouras F., Gaganis C., (2007), Financial characteristics of banks involved in
acquisitions: evidence from Asia, Applied Financial Economics, 17 (4), 329 – 341 (ABS: 2)
17. Pasiouras F., Gaganis C., Zopounidis C., (2007), Multicriteria Decision Support
Methodologies for Auditing Decisions: The Case of Qualified Audit Reports in the UK,
European Journal of Operational Research, 180 (3), 1317-1330.
(Impact factor 2012: 2.038; ABS: 3)
16. Kosmidou K., Pasiouras F., Tsaklanganos A., (2007), Domestic and multinational
determinants of foreign bank profits: The case of Greek banks operating abroad, Journal of
Multinational Financial Management, 17, 1-15. (Ranked 11th
(Jan-Mar ’07), 13th
(April-June
’07), 20th
(Jul-Sep ’07) under top 25 hottest articles of the journal) (ABS: 2)
15. Gaganis C., Pasiouras F., Doumpos M., (2007), Probabilistic Neural Networks for the
Identification of Qualified Audit Opinions, Expert Systems with Applications, 32, 114-124
(Impact factor 2012: 1.854;ABS: 3)
14. Gaganis C., Pasiouras F., Zopounidis C., (2006), A multicriteria decision framework for
measuring banks’ soundness around the world, Journal of Multi-Criteria Decision
Analysis, 14, 103-111
13. Gaganis C., Pasiouras F., Zopounidis C., (2006), External auditor’s decisions in EU credit
institutions: A Multicriteria approach, International Journal of Auditing, 10 (2), 163-182
(ABS: 2)
12. Pasiouras F., Gaganis C., Zopounidis C., (2006), The impact of bank regulations,
supervision, market structure and bank characteristics on individual bank ratings: a cross-
country analysis, Review of Quantitative Finance & Accounting, 27 (4), 403-438 (ABS: 3)
11. Gaganis C., Pasiouras F., (2006), Auditing models for the detection of qualified audit
opinions in the UK public services sector, International Journal of Accounting, Auditing
& Performance Evaluation, 3 (4), 471-493 (ABS: 1)
10. Kosmidou K., Pasiouras F., Doumpos M., Zopounidis C., (2006), Assessing Performance
Factors in the UK Banking Sector: A Multicriteria Approach, Central European Journal of
Operations Research, 14 (1), 25-44. (impact factor 2012: 0.629)
Dr. Pasiouras’ CV / Updated: 08 January 2014 11
9. Kosmidou K., Pasiouras F., Doumpos M., Zopounidis C., (2006), A multivariate analysis
of the financial characteristics of foreign and domestic banks in the UK, Omega- The
International Journal of Management Science, 34 (2), 189-195.
(Impact factor 2012: 3.024; ABS: 3)
8. Doumpos M., Gaganis C., Pasiouras F., (2005), Explaining qualifications in audit reports
using a Support Vector Machine Methodology, Intelligent Systems in Accounting, Finance
& Management, 13, 197-215 (ABS: 2)
7. Gaganis C., Pasiouras F., Zopounidis C., (2005), A Multicriteria Hierarchical
Discrimination Method for the Identification of Financial Distressed Firms: Evidence from
Greece, Southeuropean Review of Business Finance & Accounting, 3 (1), 39-53
6. Gaganis C., Pasiouras F., Tzanetoulakos A., (2005), A comparison and integration of
classification techniques for the prediction of small UK firms failure, The Journal of
Financial Decision Making, 1(1), 55-69
5. Kosmidou K., Pasiouras F., Tsaklanganos A., (2005), Factors influencing the profits and
size of Greek banks operating abroad: A pooled time-series study, Applied Financial
Economics, 15 (10), 731-738 (ABS: 2)
4. Doumpos M., Pasiouras F., (2005), Developing and Testing Models for Replicating Credit
Ratings: A Multicriteria Approach, Computational Economics, 25 (4), 327-341. (Impact
factor 2012: 0.463)
3. Doumpos M., Kosmidou K., Pasiouras F., (2004), Prediction of Acquisition Targets in the
UK: A Multicriteria Approach, Operational Research: An International Journal, 4 (2),
191-211
2. Kosmidou K., Pasiouras F., Floropoulos J., (2004), Linking Profits to Asset-Liability
Management of domestic and foreign banks in the UK, Applied Financial Economics, 14
(18), 1319-1324 (ABS: 2)
1. Kosmidou K., Pasiouras F., Doumpos M., Zopounidis C., (2004), Foreign versus Domestic
Banks’ Performance in the UK: A multicriteria Approach, Computational Management
Science, 1 (3-4), 329-343
C. Papers Under Review in refereed Journals
4. Ioannidis C., Molyneux P., Pasiouras F., The relationship between bank efficiency and
stock returns: evidence from Asia and Latin America, Under Review in Journal of Business
Finance and Accounting (Revised & Resubmitted – 3rd
round, Impact factor 2011: 0.689;
ABS: 3)
3. Dimitras A., Gaganis C., Pasiouras F., Estimating bank cost and profit efficiency:
differences between GAAP and IFRS, Under Review in International Journal of the
Economics of Business (Revised for Resubmission; ABS: 3)
2. Doumpos M., Gaganis C., Pasiouras F., Bank diversification and overall financial strength:
International evidence around the crisis, Under Review
1. Andriosopoulos D., Gaganis C., Pasiouras F., Prediction of open market share repurchases
and portfolio returns, Under Review in Review of Quantitative Finance & Accounting
(Revised for Resubmission; ABS: 3)
Dr. Pasiouras’ CV / Updated: 08 January 2014 12
D. Working Papers
6. Pasiouras F., Estimating and explaining the performance of microfinance institutions:
cross-country evidence.
5. Gaganis C., Hasan I., Pasiouras F., Regulations and Life Insurance Consumption,
CAREFIN WP 22/2010.
4. Gaganis C., Hasan I., Pasiouras F., The impact of Solvency II type regulations on the
performance of insurance firms: evidence from the European Union, CAREFIN WP.
3. Gaganis C., Hasan I., Pasiouras F., Regulations, Institutions and Income Smoothing by
Managing Technical Reserves: International Evidence from the Insurance Industry, CAREFIN
WP.
2. Fethi M.D., Pasiouras F., Shaban M., Social infrastructure and the risk-return of insurance
firms: international evidence.
1. Pasiouras F., Tanna S., Determinants of acquisitions in the EU banking industry: An
empirical investigation of banks’ financial characteristics and market conditions, Economics,
Finance and Accounting Applied Research Working Paper Series 2007-02, Coventry
University Business School.
III. Other publications (In Greek; last updated in 2005)
18. The efficiency of the largest Greek banking groups in the 2004 semi-annual, In C.
Zopounidis, M. Doumpos, K. Kosmidou (Eds), Techno-economic decisions with multiple
criteria, Klidarithmos Publications, 2005, pp. 83-86 (co-author: C. Zopounidis)
17. The performance of the European stock exchanges, In C. Zopounidis, M. Doumpos, K.
Kosmidou (Eds), Techno-economic decisions with multiple criteria, Klidarithmos
Publications, 2005, pp. 197-200 (co-author: C. Zopounidis)
16. Banks’ mergers and acquisitions: a study of their determinants, Epistimoniko Marketing,
2005, September, vol. 19, pp. 92-95 (co-author: C. Zopounidis)
15. Evaluation of the performance of Greek banks in 2003-2004, Kerdos, 2005, 9 March, p.
24-25 (co-authors: C. Zopounidis. A. Tzanetoulakos)
14. Tourism: The competitiveness of Greece against other Mediterranean countries,
Epistimoniko Marketing, 2004, November, Vol. 10, pp. 68-71 (co-authors: C. Zopounidis,
Ch. Gaganis)
13. Competitiveness and Human Development in the EU, Naftermporiki, 2004, 28 June, p.26,
(co-authors: C. Zopounidis, M. Doumpos, K. Andriosopoulos)
12. The performance of Public enterprises, Epistimoniko Marketing, 2004, May, vol. 5,
pp.68-72, (co-authors: C. Zopounidis, A. Kondou)
11. Trends of development in the enlarged EU, Naftermporiki, 2004, 13 March, p.10 (co-
authors: C. Zopounidis, K. Kosmidou)
10. Greek cooperative banks: a comparison of their performance, Epistimoniko Marketing,
2004, February, vol. 2, 40-43 (co-authors: C. Zopounidis, K. Kosmidou)
Dr. Pasiouras’ CV / Updated: 08 January 2014 13
9. Mergers and Acquisitions: trends in Greece and abroad, Epistimoniko Marketing, 2004,
January, Vol. 1, pp. 54-63, (co-authors: C. Zopounidis, N. Shiniotakis)
8. Banks’ bankruptcy and banking crises, Oikonomikos Taxidromos, 2003, vol. 48 (2586), 27
November, pp.71-77, (co-authors: C. Zopounidis, Z. Moza, M. Doumpos)
7. Changes in the business map, Oikonomikos Taxidromos, 2003, Vol. 44 (2582), 30 October,
pp. 18-21, (co-authors: C. Zopounidis, N. Shiniotakis)
6. Estimating the progress of European countries on high tech innovations, Oikonomikos
Taxidromos, 2003, Vol. 31 (2569), July 31, pp. 14-16, (co-authors: C. Zopounidis, M.
Doumpos)
5. The performance of the 5 largest Greek Banking Groups over the last decade,
Xrimatoasfalistiko Marketing, April, vol 15, pp 106-108 (co-authors: C. Zopounidis, K.
Kosmidou, M. Doumpos)
4. Venture Capital as a source of finance, Xrimatoasfalistiko Marketing, 2002, December, vol
11, pp 34-42
3. The Greek Mutual Funds Market, Xrimatoasfalistiko Marketing, 2002, June, vol 6, 76-87
2. Managers’ Resistance to Organizational Change, Executive Know How, 2002, May, vol
55, pp 94-97
1. The Advantages and Disadvantages of being listed in the Stock Exchange, Oikonomikos
Taxidromos, 2002, vol. 35 (2521), pp. 52-54
IV. Contributions to Conferences
(Presenter indicated in bold)
49. Gaganis C., Pasiouras F., Danilidis I., Loan portfolio size, write-offs decision and
corporate governance in Greek banks, 3rd
International Conference of the Financial
Engineering and Banking Society, Paris, 6-8 June 2013
48. Balla V., Pasiouras F., Gaganis C., Zopounidis C., Multicriteria Decision Aid Models for
the Prediction of Securities Class Actions, 19th Annual Conference of the Multinational
Finance Society, Krakow, Poland, June 24-27 2012
47. Chatzimichael K., Gaganis C., Pasiouras F., Theodossiou P., Zopounidis C., Firm
Performance and Ownership by Financial Institutions: The Case of Cyprus, 19th Annual
Conference of the Multinational Finance Society, Krakow, Poland, June 24-27 2012
46. Gaganis C., Pasiouras F., Characteristics of the supervisory authorities and bank
efficiency, 2nd
International Conference of the Financial Engineering & Banking Society,
London, June 7-8 2012.
45. Gaganis C., Hasan I., Pasiouras F., Regulations and Life Insurance Consumption, 10th
Hellenic Finance & Accounting Association Annual Conference, Athens, 16-17 December
2011
Dr. Pasiouras’ CV / Updated: 08 January 2014 14
44. Pasiouras F., Estimating and explaining the performance of microfinance institutions:
cross-country evidence, 2nd
Conference of the Financial Engineering & Banking Society,
Athens, 2-4 December 2011
43. Balla V-M, Pasiouras F., Gaganis C., Zopounidis C., Multicriteria decision aid models for
the prediction of securities class actions, 2011 International Conference on Operations
Research, Zurich, 30 August-2 September 2011
42. Balla V-M., Pasiouras F., Corporate Governance and the Likelihood of Securities Class
Actions: Evidence from U.S. Banking Institutions, 1st International Conference of the
Financial Engineering & Banking Society, Chania, 10-11 June 2011 & 2011 Conference of
the International Finance & Banking Society, Rome, 30 June-2 July
41. Gaganis C., Hasan I., Pasiouras F., Regulations, Institutions and Income Smoothing by
Managing Technical Reserves: International Evidence from the Insurance Industry,
Workshop on Regulations, Capital Markets, and Financial Institutions: The Post Crisis Era,
Chania, 13-14 June 2011
40. Dimitras A., Gaganis C., Pasiouras F., Estimating bank cost and profit efficiency:
differences between GAAP and IFRS, 1st International Conference of the Financial
Engineering & Banking Society, Chania, 10-11 June 2011
39. Gaganis C., Hasan I., Pasiouras F., Profit efficiency and stock returns: Evidence from the
insurance industry, 2010 Conference of the EURO Working Group on Efficiency &
Productivity Analysis, Chania, 2-4 July 2010
38. Pasiouras F., Gaganis C., Regulations and soundness of insurance firms: international
evidence, XIX International Tor Vergata Conference on Banking and Finance, Rome 13-17
December 2010; 2010 Conference of the EURO Working Group on Efficiency &
Productivity Analysis, Chania, 2-4 July 2010; 8th Hellenic Finance & Accounting Association
Annual Conference, Thessaloniki, December 2009 (presented by C. Gaganis)
37. Gaganis C., Pasiouras F., Doumpos M., Zopounidis C., Modelling banking sector
stability with multicriteria approaches, 8th Hellenic Finance & Accounting Association
Annual Conference, Thessaloniki, December 2009
36. Delis M., Molyneux P., Pasiouras F., Regulations and productivity growth in banking,
13th Annual International Conference on Macroeconomic Analysis and International Finance,
Rethymno, 28-30 May 2009.
35. Gaganis C., Pasiouras F., Doumpos M., Zopounidis C., Modelling banking sector
stability with multicriteria approaches, 3rd International Workshop on Multi-Attribute
Methods in Finance & Insurance, Madrid, 22-24 April 2009.
34. Ioannidis C., Molyneux P., Pasiouras F., The relationship between bank efficiency and
stock returns: evidence from Asia and Latin America, 7th Hellenic Finance & Accounting
Association Annual Conference, Chania, 12-13 December 2008.
33. Agoraki M-E., Delis M., Pasiouras F., Regulations, Competition and bank risk-taking in
transition countries, XVII International Tor Vergata Conference on Banking & Finance,
Rome, 3-5 December 2008.
32. Lozano-Vivas A., Pasiouras F., The Impact of Non-Traditional Activities on the
Estimation of Bank Efficiency: International Evidence, Conference on the “Uses of Frontier
Dr. Pasiouras’ CV / Updated: 08 January 2014 15
Efficiency Methodologies for Performance Measurement in the Financial Services Sector”,
Imperial College London, 4-5 July 2008.
31. Delis M., Molyneux P., Pasiouras F., Regulations and productivity in banking: evidence
from transition countries, “Fostering a European Network on Efficiency” 2008 meeting, Lille,
February 25.
30. Pasiouras F., Tanna S., Zopounidis C., Regulations, supervision and banks’ profit and
cost efficiency around the world: a stochastic frontier approach, 6th annual meeting of the
Hellenic Finance & Accounting Association, Patra, 14-15 December 2007.
29. Pasiouras F., Sifodaskalakis E., Zopounidis C., The cost efficiency of Greek cooperative
banks: the role of bank-specific attributes and local market conditions, 6th annual meeting of
the Hellenic Finance & Accounting Association, Patra, 14-15 December 2007.
28. Pasiouras F., Gaganis C., Zopounidis C., Multicriteria classification models for the
identification of targets and acquirers in the Asian banking sector, 6th annual meeting of the
Hellenic Finance & Accounting Association, Patra, 14-15 December 2007.
27. Pasiouras F., Tanna S., Zopounidis C., Regulations, supervision and banks’ profit and
cost efficiency around the world: a stochastic frontier approach, 2007 Money Macro and
Finance Conference, Birmingham, 12-14 September.
26. Pasiouras F., Gaganis Ch., Zopounidis C., The prediction of acquirers and acquisition
targets in the Asian banking sector: an application of multicriteria techniques, 22nd
European
Conference on Operational Research, Prague, July 8-11, 2007.
25. Pasiouras F., Tanna S., Gaganis C., What drives acquisitions in the EU banking industry?
The role of bank regulation and supervision framework, bank specific and market specific
factors, 5th INFINITI Conference on International Finance, Dublin, June 11-12, 2007 & 2010
EWG-EPA International Conference, Chania, 2-4 July 2010.
24. Pasiouras F., Gaganis Ch., Zopounidis C., Acquisition likelihood in the Asian banking
industry: the role of the regulatory and supervision framework, 5th annual meeting of the
Hellenic Finance & Accounting Association, Thessaloniki, December 15-16 2006.
23. Gaganis Ch., Pasiouras F., Zopounidis C., An assessment of banks’ creditworthiness: a
multicriteria approach, The 18th International Conference on Multiple Criteria Decision
Making, Chania, Greece, June 19-23, 2006
22. Pasiouras F., Kosmidou K., Doumpos M., Zopounidis C., Factors influencing the
competitiveness of European countries, 3rd
International Conference on Computational
Management Science, Amsterdam, Netherlands, May 17-19, 2006
21. Papageorgiou D., Doumpos M., Zopounidis C., Pasiouras F., A comparison of
classification methods for the development of credit rating systems, 3rd
International
Conference on Computational Management Science, Amsterdam, Netherlands, May 17-19,
2006
20. Pasiouras F., Gaganis Ch., Tsaklanganos A, An empirical investigation of the
determinants of audit fees in the UK, 4th annual meeting of the Hellenic Finance &
Accounting Association, Athens, December 16-17 2005.
Dr. Pasiouras’ CV / Updated: 08 January 2014 16
19. Pasiouras F., Gaganis Ch., Zopounidis C., Multivariate analysis of Fitch’s Individual
Bank Ratings, 4th annual meeting of the Hellenic Finance & Accounting Association, Athens,
December 16-17 2005.
18. Pasiouras F., Tanna S., Zopounidis C., The identification of acquisition targets: evidence
from the banking industry, 3rd Meeting of the Greek Working Group on Multicriteria
Decision Aid, Chania, 29-30 September 2005.
17. Pasiouras F., Tzanetoulakos A., Zopounidis C., Multicriteria approaches for the
prediction of small UK firm’s failure, 3rd Meeting of the Greek Working Group on
Multicriteria Decision Aid, Chania, 29-30 September 2005.
16. Kosmidou K., Tanna S., Pasiouras F., Determinants of Profitability of UK domestic
banks: panel evidence from the period 1995-2002, 37th Annual conference of the Money
Macro and Finance (MMF) Research Group, Rethymno, Greece, 1–3 September, 2005
15. Gaganis Ch., Pasiouras F., Zopounidis C., A multicriteria approach for the auditing of
EU credit institutions, 17th National Conference of Hellenic Operational Research Society,
Risk Management, Rio-Patras, 16-18 June, 2005
14. Zopounidis C., Pasiouras F. Gaganis Ch., An evaluation of the Health Care Systems in
Europe, 17th National Conference of Hellenic Operational Research Society, Risk
Management, Rio-Patras, 16-18 June, 2005
13. Gaganis Ch., Pasiouras F., Spathis Ch., Zopounidis C., Identifying qualified audit reports
in UK firms: a Nearest Neighbours approach, 28th European Accounting Association Annual
Congress, Göteborg, Sweden, May 18-20, 2005
12. Gaganis Ch., Pasiouras F., Zopounidis C., Migdalas A., The identification of auditor’s
qualified opinion by means of multicriteria analysis: the case of Asian commercial banks,
International Computational Management Science Conference, University of Florida,
Gainesville, Florida, March 31-April 3 2005
11. Pasiouras F., Gaganis Ch., Zopounidis C., Replicating auditors opinion: multicriteria
approaches, 2nd Meeting of the Greek Working Group on Multicriteria Decision Aid, Chania,
21-22 October 2004.
10. Pasiouras F., Zopounidis C., Doumpos M., Predicting Financial Distress of UK firms: A
multicriteria approach, 20th European Conference on Operational Research, Rhodes, Greece,
July 4-7, 2004
9. Pasiouras F., Doumpos M., Kosmidou K., Zopounidis C., Assessing the risk estimates of a
credit rating agency: a multicriteria hierarchical discrimination approach, 34th meeting of the
Euro Working Group on Financial Modeling, Paris, May 12-14, 2004
8. Doumpos M., Kosmidou K, Pasiouras F, Zopounidis C, A Multicriteria approach for the
evaluation of foreign and domestic banks in the UK, 57th meeting of the European Working
Group on Multi-Criteria Decision Aid, Viterbo, Italy, March 27-28, 2003.
7. Doumpos M., Kosmidou K., Pasiouras F., Zopounidis C., A multicriteria approach for the
evaluation of foreign and domestic banks in the UK, International Conference on
Computational Management Science, Almyrida, Chania, Crete, Greece, May 27-30 2003
Dr. Pasiouras’ CV / Updated: 08 January 2014 17
6. Doumpos M., Kosmidou K., Pasiouras F., Zopounidis C., Foreign versus domestic banks’
performance in the UK: a multicriteria approach, 1st International Conference in Business
Economics, Management and Marketing, organized by ATINER, Athens, June 26-29 2003
5. Doumpos M., Kosmidou K., Pasiouras F., Zopounidis C., Prediction of acquisitions
targets in the UK: a multicriteria approach, 3rd
International Conference: Management of
Technological Change, Chania, Crete, 29-30 August 2003
4. Doumpos M., Pasiouras F., Analysis of credit risk ratings using a multicriteria decision aid
methodology, 3rd
International Conference: Management of Technological Change, Chania,
Crete, 29-30 August 2003
3. Kosmidou K., Doumpos M., Pasiouras F., Zopounidis C., Prediction of acquisitions targets
in the UK: a multicriteria approach, 4th annual conference of International Economics and
Finance Society on "Finance and the International Economy, London 28-29 November, 2003
2. Kosmidou K., Doumpos M., Pasiouras F., Zopounidis C, Assessing Performance Factors
in the UK Banking Sector: A multicritiria methodology, 4th annual conference of
International Economics and Finance Society on "Finance and the International Economy,
London 28-29 November, 2003
1. Pasiouras F., The Underpricing of IPOs and money left on the table: the case of the
Athens Stock Exchange, 1st Annual Conference of the Hellenic Finance & Accounting
Association, Thessaloniki, 8-9 November 2002
ACADEMIC & PROFESSIONAL AFFILIATIONS
Euro Working Group on Efficiency & Productivity Analysis (Co-Coordinator), Economic
Chamber of Greece, Hellenic Operational Research Society, Hellenic Finance & Accounting
Association, Euro Working Group on Financial Modeling, Coventry University-Applied
Research Group in Finance, Regulatory Reform and Development, Financial Engineering
Laboratory of Technical University of Crete, Association for Banking & Finance (Lugano,
Switzerland).
OTHER ACTIVITIES
-- Invited Speaker (Presentations / Seminars)
1. Estimating Bank Efficiency, Lally School of Management & Technology, Rensselaer
Polytechnic Institute, USA, 6 April 2011
2. How does the operating environment influence consumption and profits in the insurance
industry? Centre for Governance & Regulation Seminar, University of Bath School of
Management, UK, 20th October 2010
3. Regulations and Soundness of Insurance Firms, Accounting & Finance Group Seminar,
University of Bath School of Management, UK, 20th October 2010
4. Paper Discussant, Bank of Finland/CEPR Conference “Banking in Emerging Economies”,
7-8 October 2010, Helsinki, Finland.
5. Paper Discussant, European Banking Symposium 2008, SDA Bocconi, 29-30 May, Milan
6. Presentation of paper on Regulations and Bank efficiency, Coventry University (January
2007)
7. Instructor in seminar “Mergers & Acquisitions: banks and non-financial firms”, at the 2004
and 2005 post-educational program in “Financial Engineering and Risk Management”,
organized by the Financial Engineering Laboratory of the Department of Production
Engineering and Management (28 May 2004 & 22 April 2005)
Dr. Pasiouras’ CV / Updated: 08 January 2014 18
8. Instructor in seminar “Agency Management in Insurance firms”, organized by the Financial
Engineering Laboratory of the Department or Production Engineering and Management on
behalf of ASPIS financial group, as part of “ASPIS’ first educational program of financial
intermediaries” (17 July 2004)
-- PhD supervision:
5. Alexandros Sfiris, “Operational Risk in Banking: Disclosures and Management around the
World”, Technical University of Crete, Enrolment: May 2013
4. Konstantinos Tsirigotakis, “The impact of national culture and firm corporate governance
mechanisms on financial decision making”, Technical University of Crete, Enrolment: May
2011
3. Vasiliki-Maria Balla, “Development of Models for the Prediction of Securities Class
Actions”, Technical University of Crete, Enrolment: February 2010
2. Hodian Urio, “The Impact of Mergers and Acquisitions on Bank Efficiency in Europe,
1998-2004”, Coventry University, Enrolment date: 06/03/06 (External / 2nd
supervisor) -
Successfully Completed.
1. Matthias Nnadi, “The Effect of Mergers and Acquisitions on Dividend Policy of Banks in
the European Union”, Coventry University, Enrolment date: 30/09/05 (External / 2nd
supervisor) – Successfully Completed / Appointment: Lecturer in Accounting, Cranfield
School of Management, Cranfield University, UK.
-- MSc dissertations supervision
Around 70 dissertations: University of Surrey Business School (8 dissertations, 2012/13),
University of Bath School of Management (28 dissertations; 2006-09), Leicester University
School of Management (30 dissertations; 2008-10), Mediterranean Agronomic Institute of
Chania (3 dissertations since 2007), Technical University of Crete (3 dissertations since 2009)
A list with students’ names and dissertation titles is available upon request.
-- PhD Viva - examination committee
Fragiadakis G., “A comparative evaluation of the operational and economic efficiency of the
national health system units with the use of non-parametric methods and their ranking on the
basis of multicriteria decision making techniques” , Technical University of Crete, Greece,
2013 (member of the examination committee)
Mirzaei A., “An International Study of Bank Performance: From the Perspective of
Sustainability and Externality”, Brunel University, UK, 2012 (external examiner)
Kalantonis P., “Accounting statements and contemporary need for financial disclosure: the
case of innovative investments”, Technical University of Crete, Greece, 2011 (member of the
examination committee)
Lemonakis C., “Productivity and credit risk of banks in the Eurozone: a complete framework
with the use of quantitative methods”, Technical University of Crete, Greece, 2011 (member
of the examination committee)
Dr. Pasiouras’ CV / Updated: 08 January 2014 19
Matalliotakis G., “Dynamic modelling of life table data and comparative analysis between
apparent and deterministic models”, Technical University of Crete, Greece, 2011(member of
the examination committee)
-- Reviewing activity
Reviewer for:
2013: Journal of Banking and Finance, Managerial & Decision Economics, Managerial
Finance, European Journal of Finance, International Journal of the Economics of Business,
Journal of Productivity Analysis, International Journal of Financial Engineering and Risk
Management
2012: Research: An International Journal, Omega, Journal of Economics and Business,
European Journal of Operational Research, Journal of Productivity Analysis, Journal of
Banking and Finance
2011: International Review of Financial Analysis, Annals of Operations Research, Journal of
Financial Decision Making, Journal of Financial Stability, International Journal of the
Economics of Business, Quarterly Review of Economics and Finance, European Journal of
Operational Research, Empirical Economics
2010: European Journal of Operational Research, Journal of Banking & Finance, Managerial
Finance, Operational Research: An International Journal, International Journal of Multicreria
Decision Making.
2009: Research in International Business & Finance, Financial Markets & Portfolio
Management, Journal of Financial Stability, Economic Systems, Empirical Economics, The
Quarterly Review of Economics & Finance, Computational Management Science, Managerial
Finance, Journal of Financial Decision Making, International Journal of Applied Management
Science
2008: Journal of Banking & Finance, INFOR: the Canadian Journal of Operational Research
& Information Processing, Managerial Finance, Frontiers in Economics & Finance,
Operational Research: An International Journal, Journal of Financial Decision Making, Asia
Pacific Management Review, International Journal of Applied Management Science,
International Journal of the Economics of Business.
2007: Review of Quantitative Finance & Accounting, International Review of Financial
Analysis, Applied Financial Economics, Applied Economics, Journal of Economics &
Business, Managerial Finance, Contemporary Economic Policy, Journal of Financial Decision
Making, International Business Management
2006: Applied Financial Economics, Springer Publishing (book review).
--Conferences Committee – Activities
-- Organizing/Chairing Committee, 4th International Conference of the Financial Engineering
and Banking Society, Guilford, 21-23 June 2014
-- Organizing/Chairing Committee, Surrey-Fordham Conference on “Banking, Finance,
Money and Institutions: The Post Crisis Era”, Guildford, 2-3 November 2013
-- Scientific Committee, 8th Conference on Risk, Banking and Financial Stability, Bali, 23-27
September 2013
-- Scientific Committee, 3rd International Conference of the Financial Engineering and
Banking Society, Paris 6-8 June 2013
-- Scientific Committee, 3rd Conference of the Financial Engineering and Banking Society,
Athens 17-18 December 2012
Dr. Pasiouras’ CV / Updated: 08 January 2014 20
-- Program Co-Chair, 2nd International Conference of the Financial Engineering and Banking
Society, London 7-8 June 2012
-- Scientific Committee, 2nd Conference of the Financial Engineering and Banking Society,
Athens 2-4 December 2011
-- Co-organizer of Stream on “Efficiency & Productivity Analysis”, OR 53 Conference
(Annual Conference of the UK Operational Research Society), East Midlands Conference
Centre, Nottingham, 6-8 September 2011, with Meryem Fethi (University of Leicester, UK)
& Ana Camanho (Universidade do Porto, Portugal)
-- Organizing & Scientific Committee, Workshop on “Regulations, Capital Markets, and
Financial Institutions: the post-crisis Era”, Chania, Greece, 13-14 June 2011
-- Scientific Committee, International Finance and Banking Society 2011 Conference on
“Financial Intermediation, Competition and Risk”, Rome, Italy, 30 June-2 July 2011
-- Program Committee, Financial Management Association Annual Meeting, Denver USA,
October 19-22 2011
-- Scientific Committee, 1st International Conference of the Financial Engineering and
Banking Society, Chania 10-12 June 2011
-- Co-organizer of Stream on “Efficiency & Productivity Analysis”, OR 52 Conference
(Annual Conference of the UK Operational Research Society), Royal Holloway, University of
London, 7-9 September 2010, with Meryem Fethi (University of Leicester, UK)
-- Scientific Committee, 1st Conference of the Financial Engineering and Banking Society,
Athens 3-4 December 2010
-- Conference Co-Chair, EURO Working Group on Efficiency & Productivity Analysis 2010
International Conference on “Global trends in the Efficiency and Risk Management of
Financial Services”, Chania, Greece July 2-4 2010
-- Conference Coordinator, International Conference on “Global trends in the Efficiency and
Risk Management of Financial Services and the Financial Crisis, UK Efficiency &
Productivity Analysis Network, Leicester, 13-14 November 2009
-- Session Chair, 13th Annual International Conference on Macroeconomic Analysis and
International Finance, Rethymno, 28-30 May 2009
-- Session Chair, 7th Hellenic Finance & Accounting Association Conference, Chania, 12-13
December 2008.
-- Member of the Organizing committee of the 7th Annual Conference of the Hellenic Finance
and Accounting Association, Chania – Greece, 12-13 December 2008
-- Member of the International Programme Committee, 4th IASTED International Conference
on Financial Engineering and Applications ~FEA 2007~ September 24-26 2007, UC
Berkeley, California, USA
-- Member of the Organizing committee of the 18th International Conference on Multiple
Criteria Decision Making, Chania – Greece, 19-23 June 2006
Dr. Pasiouras’ CV / Updated: 08 January 2014 21
-- Session Co-organizer and Session Chair, 3rd
International Conference on Computational
Management Science, Amsterdam, Netherlands, May 17-19, 2006
--Member of the Organizing committee of the 2003, 2004, and 2005 meetings of the Greek
Working Group of Multicritieria Decision Aid.
--Member of the Organizing committee of the 2004 post-educational program in Financial
Engineering and Risk Management, offered by the Financial Engineering Laboratory of the
Technical University of Crete
RESEARCH INTERESTS
Banks’ Efficiency and performance, Risk-taking of financial and non-financial institutions,
Regulations and supervision in the banking and insurance industry, Mergers & Acquisitions,
Bankruptcy, Credit Risk, Auditing
REFERENCES
1. Iftekhar Hasan, Corrigan Chair in International Business and Finance & Co-Director of the
Center in Contemporary Research in Finance, Gabelli School of Business and the Graduate
School of Business Administration, Fordham University, 1790 Broadway, 11th Floor New
York, NY 10019, USA, E-mail: [email protected]
2. Philip Molyneux, Professor of Banking and Finance & Dean of the College of Business,
Law, Education and Social Sciences, Bangor University, Hen Goleg, College Road,
Bangor, LL57 2DG, UK, Tel: + 44 (0) 1248 38 2170, E-mail: [email protected]
3. Paul Guest, Professor of Accounting and Finance & Head of the Finance & Accounting
Subject Group, Surrey Business School, University of Surrey, Guildford
GU2 7XH, UK, Tel: +44 (0) 1483 68 6371, E-mail: [email protected]
4. Christos Ioannidis, Professor of Economics and Finance & Head of the Department of
Economics, University of Bath, Bath, BA2 7AY, UK, Tel: +44 (0)1225 38 3226, E-mail:
5. Constantin Zopounidis, Professor of Financial Management and Operations Research &
Director of the Financial Engineering Laboratory, School of Production Engineering &
Management, Technical University of Crete, University Campus, Chania, 73100, Greece, Tel:
+30-28210-37236, Fax: +30-28210-37529, E-mail: [email protected]
6. Sailesh Tanna, Principal Lecturer (Associate Professor) in Economics & Leader of the
Applied Research Group in Finance, Regulatory Reform and Development, Department of
Economics, Finance & Accounting, Coventry University, Priory Street, CV1 5FB, Coventry,
UK, Tel: +44 (0) 24 76887414, Fax: +44 (0) 24 76888400, E-mail: [email protected]