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Dr Piotr Korczak

Associate Professor of Finance

University of Bristol, School of Accounting and Finance

Address: 15-19 Tyndalls Park Road, Bristol BS8 1PQ, United Kingdom

Office: 1.03

Phone: (+44) (0)117 394 1491

Email: P.Korczak@bristol.ac.uk

Curriculum Vitae

Use this link for my cv.

Teaching

In the academic year 2020/2021 I teach Empirical Accounting and Finance. For students enrolled on this unit, further information is available on Blackboard.

Research

I specialise in empirical corporate finance, corporate governance and capital markets research. I have recently been working on the analysis of share trading by corporate insiders and on firms' exposure to political risks - with a particular focus on Brexit.

Publications

'Political Uncertainty Exposure of Individual Companies: The Case of the Brexit Referendum' (with P. Hill and A. Korczak), Journal of Banking and Finance 100, March 2019, 58-76
'Profitability of Insider Trading in Europe: A Performance Evaluation Approach' (with B. Gebka, A. Korczak and J. Traczykowski), Journal of Empirical Finance 44, December 2017, 66-90
'The Impact of Personal Attributes on Corporate Insider Trading' (with D. Hillier and A. Korczak), Journal of Corporate Finance 30, February 2015, 150-167
'Managerial Shareholding Policies and Retention of Vested Equity Incentives' (with X. Liu), Journal of Empirical Finance 27, June 2014, 116-129
'The Development of Emerging Stock Markets and the Demand for Cross-Listing' (with A. Korczak), Journal of Empirical Finance 24, December 2013, 63-77
'Why Does Shareholder Protection Matter for Abnormal Returns after Reported Insider Purchases and Sales?' (with J.P. Fidrmuc and A. Korczak), Journal of Banking and Finance 37(6), June 2013, 1915-1935
'Related Securities and Price Discovery: Evidence from NYSE-Listed Non-U.S. Stocks' (with K. Phylaktis), Journal of Empirical Finance 17(4), September 2010, 566-584
'To Trade or Not to Trade: The Strategic Trading of Insiders around News Announcements' (with A. Korczak and M. Lasfer), Journal of Business Finance and Accounting 37(3-4), April/May 2010, 369-407
'Corporate Ownership and the Information Content of Earnings in Poland' (with A. Korczak), Applied Financial Economics 19(9), May 2009, 703-717
'Empirical Evidence on Cross-Listed Stocks of Central and Eastern European Companies' (with M.T. Bohl), Emerging Markets Review 6(2), June 2005, 121-137
'Institutional Investors and the Information Content of Earnings Announcements: The Case of Poland' (with A. Tavakkol), Economic Systems 28(2), June 2004, 193-208

Working Papers

'Religion and Insider Trading Profits' (with H. Contreras and A. Korczak), October 2020
'Banker-Directors and CEO Inside Debt' (with T. Nguyen and M. Scapin), April 2018

Other Writings

'How Brexit has hit the value of UK firms' (with P. Hill and A. Korczak), LSE Brexit Blog, 4 March 2019
'SAC Capital and the curious economics of insider trading', The Conversation, 11 April 2014

Media Coverage of Research

UK national/regional: The Independent, Metro, The Scotsman, BBC Bristol, ITV1 West Country, South West Business, Bristol24/7, Western Daily Press, Western Mail

International: Xinhua (China), France24 (France), ČT24 (Czech Republic), Világgazdaság (Hungary), hora.es (Spain), Al Eqtisadiah (Saudi Arabia), Al Seyassah (Kuwait), Lianhe Zaobao (Singapore), Global Finance (US)