Sagi Akron, Senior Lecturer of Finance (with Tenure)

 
 
Sagi Akron is a faculty member in the Department of Business Administration, The Faculty of Management, at the University of Haifa. He joined the University of Haifa in the Fall of 2010 as a Lecturer of Finance (the Israeli parallel academic rank to Assistant Professor of Finance). 
Since 2018 Sagi holds a position of a Senior Lecturer of Finance (with Tenure).

Sagi holds a B.A. in Economics and Political Science from University of Haifa; M.Sc. in Economics from the Technion and University of Haifa; and Ph.D. in Finance from Leon Recanati Graduate School of Business, at Tel-Aviv University.

His research focuses on corporate finance and corporate governance - managerial compensation, corporate hedging, IPOs certification in Emerging Markets, anomalies in light of business cycles, real estate public momentum, the financial implications of corporate social responsibility, behavioral finance, and Financial Economics interaction with multiple management disciplines. 

Sagi has been teaching in academic institutions since the Fall of 1996. His teaching experience includes several academic institutions and programs such as, the undergraduate, MBA, and MHA programs in Recanati Management Faculty, at the Tel-Aviv University; the MBA and Executive MBA level at Bar-Ilan Graduate School of Business Administration; and the MBA and IMBA in the Graduate School of Management, at the University of Haifa. Likewise, he taught at the undergraduate program of University of Haifa, the Management College, the Tel-Aviv College, and the Western Galilee College. 

He is the academic head of the MBA program with specialization in Shipping and Sea Ports Management.

 

Main teaching experience

  • Principals of Corporate Finance
  • Introduction to Microeconomics
  • Introduction to Macroeconomics
  • Managerial Economics
  • Financial Management
  • Investments
  • Research Seminar in Finance
 
Publications
1.  Akron, Sagi, Market Reactions to Dividend Announcements under Different Business Cycles, November-December 2011, Emerging Markets Finance and Trade, Vol. 47, Supplement 5, pp. 72-85.
2.  Akron, Sagi and Benninga Simon, Production and hedging implications of executive compensation schemes, 2013, Journal of Corporate FinanceVol. 19(1), pp. 119-139.
3.  Akron, Sagi, Market Reaction Implications of the SEO Package Composition at the TASE, Emerging Markets Finance and Trade, 2013, Vol. 49, Supplement 1, pp. 77–93.
4.  Hareli Shlomo, David Shlomo, Akron Sagi, and Hess Ursula, 2013, The Effect of a Negotiator's Social Power on Negotiations as a Function of the Counterpart's Emotional Reactions in a Computer Mediated Negotiation, Europe's Journal of Psychology, Vol. 9(4), pp. 820-831.
5.  Portnov A., Boris and Akron, Sagi, 2014, Identification of Housing Market Trends and Factors Affecting Them: The Greater Haifa Metropolitan Area in Israel as a Case Study, Journal of Real Estate LiteratureVol. 22 (2), pp. 177-203.
6.  Disegni M. Dafna, Huly Moshe#, and Akron, Sagi, 2015, Corporate Social Responsibility, Environmental Leadership and Financial Performance, Social Responsibility Journal, Vol. 11 (1), pp. 131-148.
7.  Portnov, Boris A., Ingene, Charles, and Akron, Sagi, 2015, Long-Term Natural Cycle Momentum and Housing Price Changes in Israel, 1995-2013,  Journal of Real Estate Research, Vol. 38(3), pp. 393-422.
8.  Akron, Sagi, 2016, Business Cycles and the Expectations of Short-Term Central Bank Rate in light of Construal Level Theory, in Eurasia Business Review, Vol. 6(2), pp. 171-187. DOI: 10.1007/s40821-016-0043-7 
9.  Parnes, Dror, and Akron, Sagi, 2016, Rating the credit rating agencies, Applied Economics, Vol. 48(50), pp. 4799-4812, DOI: 10.1080/00036846.2016.1164826.
10.  Akron, Sagi, Feinblit, Ofek, Hareli, Shlomo, and Tzafrir, Shay, 2016, Employment Arrangements Diversity and Work Group Performance, Team Performance ManagementVol. 22 (5/6), pp. 310-330DOI 10.1108/TPM-11-2015-0053.
11.  Parnes, Dror, and Akron, Sagi, 2017, The Life Expectancy of Fallen Angels, Journal of Investing, Vol. 26(2), pp. 110-123., [American Institutional Investor Journals]
12.  Taussig, Roi D., and Akron, Sagi, Returns to Scale, Operating Leverage, and Expected Stock Returns, 2017, Eurasia Business Review, Vol. 7(1), pp. 144-155. DOI 10.1007/s40821-016-0053-5.
13.  Akron, Sagi and Samdani, Taufique, 2017, Investor Protection and Institutional Investors’ Incentive for Information Production, Journal of Financial Stability, Vol. 30, pp. 1-15.
14.  Shoham, Aviv, Gavish, Yossi, and Akron, Sagi, 2017, Hoarding and Frugality Tendencies and their Impact on Consumer Behaviors, Journal of International Consumer Marketing, Vol. 29(4), pp. 208-222.
15.  Akron, Sagi, and Roy Gelbard, 2017, Software Code Flexibility Profitability in Light of Technology Life Cycle, forthcoming in Operational Research.
16. Ofek, Shoshi#, Akron, Sagi, and Boris A. Portnov, 2018, Stimulating Green Construction by Influencing Decision-making of Main Players, Sustainable Cities and Society, Vol. 40, July 2018, pp. 165-173. Available online from April 10, 2018. ^
17. Levy, Shalom, Tabatchnik Itzhak, and Akron, Sagi, 2019,The Impact of Using Innovative Knowledge from Distant Sources on Product Success among Firms Utilizing Innovation Business Strategies, Eurasian Business Review 9, no. 1: 69-88.
18. Portnov, Boris A., Trop, Tammy, Svechkina, Alina#, Ofek, Shoshi#, Sagi Akron, and Andrea Ghermandi, 2018, Factors affecting homebuyers' willingness to pay green building price premium: Evidence from a nationwide survey in Israel, Forthcoming in Building and Environment, Volume 137, June 2018, Pages 280-291.^
19. Ersan, Oguz, Akron, Sagi, and Demir, Ender, 2019, The effect of European and Global uncertainty on stock returns of travel & leisure companies, Tourism Economics, 25.1: 51-66.
20. Gozgor, Giray, Tiwari, Aviral Kumar, Demir, Ender, and Akron, Sagi, 2019 The relationship between Bitcoin returns and trade policy uncertainty, Finance Research Letters, 29: 75-82.
21. Akron, Sagi, The Optimal Derivative-based Corporate Hedging Strategy under Equity-linked Managerial Compensation, 2019, Accepted in Emerging Markets Review, 41: 100631.
22. Akron, Sagi, Demir, Ender, Díez-Esteban, José María, and García-Gómez, Conrado Diego, 2020, Economic policy uncertainty and corporate investment: Evidence from the US hospitality industry. Accepted in Tourism Management, 77 (2020): 104019.
23. Akron, Sagi, Ronen Barak, and Roi D. Taussig, 2020, Dividend announcements signaling role in financial reporting certification. forthcoming in Journal of Corporate Accounting & Finance.
24. Akron, Sagi, Demir Ender, and Roi D. Taussig, Real options and asymmetric volatility in light of the firm’s growth opportunities, forthcoming in Investment Analysts Journal 2020, Vol. 49, No. 2, 1–13.
               
                # Student
              ^ See below Grant Number 145-6-22

Papers under Review

1.  Akron, Sagi and Samdani, Taufique, The IPO Appraisal Paradox in Light of a Non-Discretionary Allocation Regulatory Act, latest version June 2020, Under Review.

2.  Akron, Sagi, Bulmash, Samuel, Sah Nilesh, and Parnes Dror, Executive Compensation and Corporate Performance Implications of a Regulatory Change, latest version June 2020Under Review.

3. Akron, Sagi, and Roi D. Taussig, Income statement leverage and expected stock returns, latest version July 2020, Under Review.

 

  Best paper awards in international conferences and journal awards

  •    MFA 2011 Best Paper Award in Corporate Finance – McGraw Hill     2011

         Production and hedging implications of executive compensation schemes

  •     EBES 2011 Conference – Zagreb Finalist of Best Paper Award          2011

              Market Reaction to Seasoned Equity Offerings in light of the Offering Package Composition  
  •     Highly Commended 2017 Literati Awards in Team Performance Management: An International Journal        2017
              Employment arrangements diversity and work group performance

   

   Research Grants

           -1- Grant Number 145-6-22 

           Stimulating Green Construction in Israel by Influencing Decision-making of Main Players, with Boris A. Portnov.

 182,850           NIS (about 47,000USD$)

Funded by: Israeli Ministry of Environmental Protection (2015-2017) 

           -2- Grant:

           Board Performance in Government-owned Companies, with Nir Brueller and Dafna Brueller.  

           Funded by: Eli Hurvitz Institute of Strategic Management (2020-2021)

25,000            NIS 

           -3- Grant

           Trust-Funds Performance Measurment in the Tel-Aviv Stock Exchange, with Doron Nisani and Mahmoud Qadan.  

           Funded by: Israel Security Authority (2020-2021)

40,000            NIS

         

Visiting Positions

Visiting Position

Institution

Period

Visiting Officer of Research

Columbia Business School,    Columbia University

05/2015 - 08/2015

Visiting Scholar

 

Finance Department,                    the College of Business,             University of South Florida

12/2014 - 03/2015

                   

Visiting Scholar

Finance Department,                   the College of Business,        University of South Florida

04/2013 - 07/2013

 
 OCRCID ID
https://orcid.org/0000-0002-9887-1634