Georgios Loukopoulos

Bio

Professional Employment Record

Education

Research

Conferences

Teaching

Awards and Honours

Bio

Georgios Loukopoulos is an Associate Professor of Finance at University of Sussex.

He was awarded his PhD in Accounting and Finance from the University of Bath. During his PhD, he was also Teaching Assistant for several accounting and finance courses for both bachelor and master students. Before joining the department of Accounting and Finance at the University of Sussex, he worked at the University of Strathclyde and the Open University Business School as a Lecturer in Accounting and Finance.

His main research interests lie in the areas of international accounting and corporate finance. He is interested on IPOs, corporate governance, personal income tax, earnings management, tax aggressiveness, profit shifting, ESG, corporate environmental disclosure, climate change risk, labor investment efficiency, political uncertainty, tournament incentives, stock price crash risk, implied cost of capital, and audit pricing.

Professional Employment Record

University of Sussex Jan. 2025-Present

Associate Professor in Finance

University of Sussex Oct. 2023-Present

Senior Lecturer in Finance

Strathclyde Business School Jan. 2022-Oct. 2023

Lecturer in Finance

The Open University Business School Dec. 2019-Jan. 2022

Lecturer in Accounting and Finance

Education

University of Strathclyde, Business School Jan. 2022-Sep. 2023

Fellow of Higher Education Academy (FHEA)

University of Bath, School of Management Sep. 2017-Jun. 2019

PhD in Accounting and Finance

Thesis: ‘Executive Compensation, Tournament Incentives and Employment Agreements around U.S. IPOs, supervised by Prof. Dimitrios Gounopoulos. External Examiner: Prof. Neslihan Ozkan (University of Bristol)

University of Newcastle, Newcastle University Business School Sep. 2016-Sep. 2017

PhD in Accounting and Finance

University of Durham, Durham University Business School Oct. 2015 – Sep. 2016

MSc in Economics and Finance

Thesis: ‘Implied Cost of Capital: Properties and Relation with Several Economic Phenomena’, Distinction.

University of Patras, Department of Business Administration Jan. 2010 – July 2014

BSc in Business Administration

Thesis: ‘Exchange Rate Theories – Empirical Test of Absolute and Relative PPP Hypothesis’, Distinction

Research

Publications

Organization Capital, Dividends, and Firm Value: International Evidence (2024). (with I. Chasiotis, and K. Toudas). Journal of International Financial Markets, Institutions & Money 97, 102074.

Do CFO Career Concerns Matter? Evidence from IPO Financial Reporting Outcomes (2024). (with D. Gounopoulos, Y. Zhang, and P. Loukopoulos). Journal of Corporate Finance 87. 102626.

Corporate Political Activism, Information Transparency, and IPO Compliance Costs (2023). (with D. Gounopoulos and P. Loukopoulos). Journal of Business Finance & Accounting 51 (2), 240-275.

The Role of Corporate Political Activity: Evidence from the SEC’s Oversight Role in the IPO Process (2022). (with D. Gounopoulos and G. Wood). Journal of Management Studies (FT Top 50 Listed) 61 (2), 375-412.

Political Power, Local Political Uncertainty and IPO Pricing. (2021). (with G. Colak, D. Gounopoulos, and P. Loukopoulos). Journal of Corporate Finance. 67, 1001907.

Tournament Incentives and IPO Failure Risk (2021). (with G. Colak, D. Gounopoulos, and P. Loukopoulos). Journal of Banking and Finance. 130. 106193 .

Media Coverage: Columbia Law School Blue Sky Blog.

CEO Education and the Ability to Raise Capital (2020). (with D. Gounopoulos D. and P. Loukopoulos). Corporate Governance: An International Review, 29 (1), 67-99.

Working Papers

The Negative Externalities of CEO Labor Market Incentives: Evidence from IPOs (2022). (with D. Gounopoulos and P. Loukopoulos).

Do CEOs with Financial Background Matter for Newly Public Firms? (2022). (with D. Gounopoulos and P. Loukopoulos, and G. Wood).

Presented at the European Accounting Association (EAA, 2019), Financial Management Association (FMA-European and International, 2019), British Accounting and Finance Association (BAFA, 2019), Young Finance Scholars Conference (YFS, 2019), British Academy of Management (BAM) Corporate Governance Conference (BAM, 2019), Hellenic Finance and Accounting Association (HFAA, 2018), and Loughborough University.

Personal Tax Incentives and Stock Price Crashes (2023). (with L. H. Haß and P. Loukopoulos)

Presented at the Hellenic Finance and Accounting Association (HFAA, 2022) and International Financial Markets, Institutions & Money (IFABS, 2022), European Accounting Association (EAA, 2023), Financial Management Association (FMA-European and International, 2023).

Classified Boards and Environmental and Social Performance (2023). (with L. H. Haß and N. Nazimuddin)

Presented at the Hellenic Finance and Accounting Association (HFAA, 2022), European Accounting Association (EAA, 2023), Financial Management Association (FMA-European and International, 2023), Edinburgh 2023 World-Class Workshop in Finance, and PGR Conference at the University of Strathclyde.

The Impact of iXBRL Adoption on Stock Price Crash Risk (2024). (with Y.-L. Hsu, and P. Loukopoulos)

Presented at the Hellenic Finance and Accounting Association (HFAA, 2023), and European Accounting Association (EAA, 2024).

Does Political Corruption Affect Resource Adjustment Decisions? (2024). (with D. Ntounis, and P. Loukopoulos)

Conservative Financial Reporting and Dividend Smoothing (2025). (with S. Anagnostopoulou and I. Chasiotis)

Do Auditors Price CEO Personal Tax Incentives? (2025). (with S. Anagnostopoulou and P. Loukopoulos)

IRS Monitoring and Conservative Financial Reporting? (2025). (with A. Sikalidis and P. Loukopoulos)

Rising Intangible Capital and IPO Price Formation (2025). (with G. Colak, D. Gounopoulos, P. Loukopoulos, and D. Konstantios)

Reviewer

Journal of Management Studies (ABS*4), Journal of International Financial Markets, Institutions & Money (ABS*3), British Accounting Review (ABS*3), European Journal of Finance (ABS*3), Finance Research Letters (ABS*2), Journal of Accounting and Emerging Economies (ABS*2)

Conferences

Bucharest University of Economic Studies, Bucharest, Romania, 15-17/5/2024. European Accounting Association (EAA) Conference 2024.

ESCP Business School (Turin Campus), Turin, Italy, 12-14/6/2024. Financial Management Association (FMA, Europe) Conference 2024.

University of Aalborg, Aalborg, Denmark, 8-10/6/2023. Financial Management Association (FMA, Europe) Conference 2023.

University of Aalto, Espoo, Finland, 24-26/5/2023. European Accounting Association (EAA) Conference 2023.

Florida Atlantic University, Florida, US, 10-11/12/2022, 3rd Annual Boca Corporate Finance and Governance Conference (BOCA) 2022.

The American College of Greece (Deree), Athens, Greece, 16-17/12/2022. 21st Hellenic Finance and Accounting Association (H.F.A.A.) Conference 2022.

International Finance and Banking Society (IFABS) 2022, University of Naples, Italy, 7-9 September 2022.

University of BATH SOM 2021 Annual PhD Conference, January 2022. Guest Speaker. Topic: "The Academic Life During and After your PhD".

British Academy of Management Conference 2021, Virtual Conference, September 2021.

Scottish British Accounting and Finance Association (Scottish BAFA) Conference, Virtual, September 2021.

Financial Management Association (FMA, European) Conference 2021, Virtual Conference. 15-18/6/2021.

European Accounting Association (EAA) Conference 2021, Virtual Conference. 26-28/5/2021.

British Accounting and Finance Association (BAFA) Conference 2021, Virtual Conference. 12-13/4/2021.

Eastern Finance Association (EFA) Conference 2021, Virtual Conference, 7-10/4/2021.

Southwest Region Meeting (AAA) Conference 2021, Virtual Conference. 18-19/3/2021.

Financial Management Association (International) Conference, 2020, Virtual Conference, 19-23/10/2020.

University of Southampton, Southampton, UK, 24-25/6/2019. British Academy of Management (BAM) Corporate Governance Conference.

University of Sussex, Brighton, UK, 13-14/6/2019. 6th Young Finance Scholars (YFS) Conference.

University of Strathclyde, Glasgow, 12-14/6/2019. Financial Management Association (European) 2019.

University of Cyprus, Paphos, Cyprus, 27-1/6/2019. European Accounting Association 2019.

University of Birmingham, 9-10/4/2019. British Accounting and Finance Association 2019.

IE Business School, Madrid, Spain, 2-3/10/2018. European Accounting Association (EAA) Talent 2018.

Universita Cattolica del Sacro Cuore, Milan, Italy, 27-30/6/2018. 27th European Financial Management Association (EFMA). Annual Meeting 2018.

University of Sussex, Brighton, UK, 8/6/2018. 5th Young Finance Scholars (YFS) Conference.

Bocconi University, Milan, Italy, 30/5/2018-1/6/2018. 41st European Accounting Association (EAA). Annual Congress 2018.

University of Limerick (Kemmy Business School), Ireland, 23-25/5/2018. 31st Irish Accounting and Financial Association (IAFA) Conference 2018.

Athens University of Economics and Business (AUEB), Athens, Greece, 15-16/12/2017. 16th Hellenic Finance and Accounting Association (H.F.A.A.) Conference 2017.

University of Macedonia, Thessaloniki, Greece, 15-16/12/2016. 15th Hellenic Finance and Accounting Association (H.F.A.A.) Conference 2016.

Hellenic Open University, Athens, Greece, 6-7/02/2015. International Conference on Business and Economics of the Hellenic Open University (ICBE-HOU).

Athens University of Economics and Business (AUEB), Athens, Greece, 19-20/12/2014. National Conference of the Financial Engineering and Banking Society (F.E.B.S.).

Teaching

Sussex Business School Oct. 2023 – Present

770N1 - Research Methods for Accounting and Finance (MSc)

N1592 - Trading Strategies (BSc)

770N1 - Research Methods for Banking and Finance (MSc)

896N1 - Multinational Financial Management (MSc)

N1560 - Principles of Corporate Finance (BSc)

N1622 - Corporate Governance and Ethics (BSc)

N11618 - Finance in Global Business (BSc)

Strathclyde Business School Feb. 2022 – Sep. 2023

AG924 & AG996-Portfolio Theory and Management (MSc)

AG915 -Advanced Corporate Finance & Applications (MSc)

AG987 -Fixed Income Analysis (MSc)

Open University Dec. 2019 – Feb. 2022

Short-Courses (5 Weeks) Dec. 2019 – March 2020

Corporate Finance: Corporate Governance (FutureLearn platform)

Corporate Finance: Mergers and Acquisitions (FutureLearn platform)

Feb. 2020 – April 2021

B292 – Management Accounting (BSc)

B859 – Financial Strategy: Valuation, Governance and Ethics (MSc in Finance)

April 2021 – Present

B815 – Financial Markets and Financing of Organisations (MSc in Finance)

B293 – Financial Accounting in Context (BSc)

University of Bath Oct. 2017 – Dec. 2018

Seminar Tutor on MN10668 Fundamentals of Accounting (BSc)

Seminar Tutor on MN30315 Advanced Financial Accounting (BSc)

Seminar Tutor on MN20019 Management Accounting (BSc)

Seminar Tutor on MN50319 Theory of Financial Decision Making (MSc)

Seminar Tutor on MN20600 Managing Finance in a Multinational Company (BSc)

Dissertation Supervising/Mentoring of BSc, MSc, and MBA Students at Universities of Bath, Bristol, Strathclyde, and Sussex.

Awards and Honours

Research Grant awarded by the BA/Leverhulme Small Research Grants Scheme for the project entitled "Board Gender Diversity Reforms and Environmental, Social, and Governance (ESG)-Tied Compensation. £9,955.98.

Research Grant from the Strathclyde Business School (University of Strathclyde, UK). SBS Seed Funding for the project entitled "The Impact of the Opioid Crisis on Corporate Debt Contracting". £4,000.

Publication Prize (from the Strathclyde Business School) of £2,000 for the study entitled "The Role of Corporate Political Activity: Evidence from the SEC's Oversight Role in the IPO Process", published at the Journal of Management Studies (ABS 4, FT 50 Listed).

Best Pitch Award of $500 USD (Elevator Pitch Session-Corporate Finance) at the 2021 Financial Management Association (European), “CFO Career Concerns and Earnings Management”.

Best Paper Award at the 2018 Young Finance Scholars Conference, Brighton, UK, “Local Policy Risk and IPO Performance”.

Research Grant from the Kemmy Business School (University of Limerick, Ireland). Faculty Seed Funding Competition for the paper entitled “Local Policy Risk and IPO Performance”.

Graduate Research Scholarship (GRS) (2017/19)-School of Management, University of Bath.