Title:
Professor
Office
413 (Main Building)
Office Hours:
  • Tuesday: 15:00-16:00
  • Wednesday: 15:00-16:00
E-mail:
Short CV

Dr. Georgios A. Papanastasopoulos is Professor in Accounting at the Department of Business Administration of the University of Piraeus, where he teaches both at the undergraduate and the postgraduate level. He is also Director of the MSc in Accounting and Control of Business and Public Sector. Further, he is teaching as a Visiting Professor courses in Accounting, at the Department of Tourism Studies of the University of Piraeus, at the Department of Industrial Management of the University of Piraeus and at the Hellenic Open University (MBA program).

He serves as non executive member of the Board of Directors of AlphaLife and as president of the Audit Committee of AlphaLife. He also serves as a member of the Accounting Standards Board (SLOT) of the Hellenic Accounting and Auditing Standards Oversight Board (HAASOB) and a member of the Quality Control Committee (EPE) of the Institute of Certified Public Accountants (SOEL).

He has a ptyhion from the Department of Industrial Management of the University of Piraeus. He holds an M.Sc and a Ph.D from the Department of Banking and Financial Management of the University of Piraeus.

His research interests are focused on capital markets-based accounting. His work has been published at various academic journals (Accounting Forum, Applied Economics, Economics Letters, Economic and Business Letters, European Accounting Review, European Financial Management, Finance Research Letters, International Accounting, Auditing and Taxation, International Journal of Finance and Economics, International Review of Financial Analysis, Journal of Corporate Finance, Journal of Economic Asymmetries, Journal of Economic Studies, Journal of International Financial Markets Institutions & Money, International Journal of Accounting, Auditing and Performance Evaluation, Investment Management and Financial Innovations, Mathematical and Computer Modelling, North American Journal of Economics and Finance, Review of Accounting and Finance, The British Accounting Review, The European Journal of Finance, The International Journal of Accounting, The Theoretical Economic Letters) and presented at international conferences. He is also Senior Research Fellow at the International Centre for Economic Analysis (ICEA) and referee at academic journals and research programs.

Teaching
  • Financial Statement Analysis (6th semester)
  • Tax Accounting (Elective)
  • Consolidated Financial Statements (Elective)
 
Publications
  1. “Do Fictitiously High Asset Growth Rates Drive the Asset Growth Anomaly?”, 2023, The Theoretical Economic Letters, (ABS: 1), 13, pp. 627-649 (with Panagiotis Artikis, Lydia Diamantopoulou and Evangelos Sfakianakis).
  2. “Exploring Cost Asymmetric Behaviour within the Context of European Non Listed Firms”, Applied Economics, 2023, (ABS: 2, ABDC: A, Impact Factor: 1.916), Forthcoming (Vasileios Naoum, Panagiotis Selekos and Orestes Vlismas).
  3. “Asymmetric Cost Behavior: Theory, Meta-Analysis, and Implications”, Journal of International Accounting, Auditing and Taxation, 2023, (ABS: 3, ABDC: B), Forthcoming, (Vasileios Naoum, Dimitrios Ntounis and Orestes Vlismas).
  4. “Asset Growth and Stock Returns in European Equity Markets: Implications of Investment and Accounting Distortions”, Journal of Corporate Finance, Forthcoming (ABS: 4. ABDC: A*, Impact Factor: 4.249), (with Panagiotis Artikis, Lydia Diamantopoulou and Ioannis Sorros).
  5. “New Insights on the Asset Growth Anomaly: Evidence from Europe”, European Journal of Finance, (ABS: 3, ABDC: B, Impact Factor: 1.809), (with Panagiotis Artikis and Lydia Diamantopoulou).
  6. “The Implications of Cash Flows for Future Earnings and Stock Returns within Profit and Loss Firms”, International Journal of Finance and Economics, 2021, (ABS: 3, ABDC: B, Impact Factor: 0.943), vol.26, pp.2927-2945 (with Vasileios Naoum).
  7. “Percent Accruals and the Accrual Anomaly: Evidence from the UK”, Accounting Forum, 2020, (ABS: 3, ABDC: B, Impact Factor: 1.824), vol.44, pp. 287-310.
  8. “Bloated Balance Sheets and Stock Returns: Asymmetries between Profit and Loss Firms”, Economic and Business Letters, 2019, (ABS: 1), vol.8, pp.53-61.
  9. “Asymmetries in the Persistence and Pricing of Cash Flows: Evidence from the United Kingdom”, Journal of Economic Asymmetries, 2019, (ABDC: B), 19 (with Panagiotis Artikis).
  10. “Review of Financial Reporting, Financial Statement Analysis and Valuation: a Strategic Perspective by James M. Wahlen, Stephen P. Baginski, Mark Bradshaw”, The International Journal of Accounting, 2018, (ABS: 3, ABDC: A), vol. 53, pp. 161-162.
  11. “Asset Growth Anomaly in Europe: Do Profits and Losses Matter?”, Economics Letters, 2017, (ABS: 3, ABDC: A, Impact Factor: 1.745), vol. 156, pp. 106-109.
  12. “Asset Growth and Stock Returns: Evidence from the Greek Stock Market”, Management Decision, 2017, (ABS: 2, ABDC: B, Impact Factor: 2.540), vol. 55, pp. 826-841 (with Angelliki Karali and Georgios Konstantinou).
  13. “Managerial Discretion, Net Operating Assets and the Cross-Section of Stock Returns in Europe”, Journal of International Financial Markets, Institutions & Money, 2017, (ABS: 3, ABDC: A, Impact Factor: 2.533), vol. 47, pp.188-210 (with Dimitrios Thomakos).
  14. Corporate Financing Activities and the Accrual Anomaly”, Finance Research Letters, 2017, (ABS: 2, ABDC: A, Impact Factor: 3.527), 20, pp. 125-129.
  15. “Net Operating Assets and Stock Returns”, Honorary Volume for Professor G. Oikonomou, University of Piraeus, 2017, pp. 193-221 (with Angelliki Karali and Georgios Konstantinou).
  16. “The Accrual Anomaly in the Greek Stock Market”, Investment Management and Financial Innovations, 2016 (ABS: 2 at the date of acceptance, ABDC: B), 13, pp. 322-333 (with Andreas Tsalas and Dimitrios Thomakos).
  17. “Implications of the Cash Component of Earnings for Earnings Persistence and Stock Returns”, The British Accounting Review, 2016, (ABS: 3, ABDC: A*, Impact Factor: 3.333), vol. 48, pp. 117-133 (with Panagiotis Artikis).
  18. “The Accrual Anomaly in Europe: The Role of Accounting Distortions”, International Review of Financial Analysis, 2015 (ABS: 3, ABDC: A, Impact Factor: 2.497), vol. 41, pp. 176-185 (with Emmanuel Tsiritakis).
  19. “Accruals, Growth, Accounting Distortions and Stock Returns: The case of FRS3 in the UK”, North American Journal of Economics and Finance, 2015 (ABS: 2, ABDC: B, Impact Factor: 1.535), vol. 33, pp.39-54.
  20. “Accounting Accruals and Stock Returns: Evidence from European Equity Markets”, European Accounting Review, 2014, (ABS: 3, ABDC: A*, Impact Factor: 1.855),23, pp. 729-768.
  21. “The Accrual Anomaly in the U.K. Stock Market: Implications of Growth and Accounting Distortions”, Journal of International Financial Markets, Institutions & Money, 2014, (ABS: 3, ABDC: A, Impact Factor: 2.533), vol. 32, pp. 256-277 (with Leonidas Doukakis).
  22. Accruals, Cash Flows, Profit, Losses and the Asset Growth Anomaly”, Honorary Volume for Professor E. Kondylis, University of Piraeus, 2014, pp. 507-539.
  23. “Corporate Financing Activities, Fundamentals to Price Ratios and the Cross Section of Stock Returns”, Journal of Economic Studies, 2013, (ABS: 2, ABDC: B), vol. 40, pp. 493-514 (with Dimitrios Thomakos and Tao Wang).
  24. “External Financing, Growth and Stock Returns”, European Financial Management, 2012, (ABS: 3, ABDC: A, Impact Factor: 1.47), 18, pp. 790-815 (with Gikas Hardouvelis, Dimitrios Thomakos and Tao Wang).
  25. “Accruals and the Performance of Stock Returns Following External Financing Activities”, The British Accounting Review, 2011, (ABS: 3, ABDC: A*, Impact Factor: 3.333), vol. 43, pp. 214-229 (with Dimitrios Thomakos and Tao Wang).
  26. “Information in Balance Sheets about Future Stock Returns: Evidence from Net Operating Assets”, International Review of Financial Analysis, 2011, (ABS: 3, ABDC: A, Impact Factor: 2.497), 20, pp. 269-282 (with Dimitrios Thomakos and Tao Wang).
  27. “The Implications of Retained and Distributed Earnings for Future Profitability and Stock Returns”, Review of Accounting and Finance, 2010, (ABS: 2, ABDC: B), v 9, pp. 395 – 423 (with Dimitrios Thomakos and Tao Wang).
  28. “Using Option Theory and Fundamentals to Assess the Default Risk for Listed Firms”, International Journal of Accounting, Auditing and Performance Evaluation, 2007, (ABS: 2, ABDC: C), vol. 4, pp. 305-331.
  29. “Extending the Merton Model: A Hybrid Approach to Assessing Credit Quality”, Mathematical and Computer Modeling, 2007, (Impact Factor 2014/2015: 1,412. Listed as top journal in Computational Theory and Mathematics, http://www.guide2research.com/journals/computational-theory), vol. 46, pp. 47-68 (with Alexandros Benos).
Office Hours

The office hours for the fall semester 2023-2024 are:

  • Tuesday: 15:00-16:00
  • Wednesday: 15:00-16:00
 
Full CV

For the full CV press here.

ADDRESS

80 Karaoli & Dimitriou st
18534, Piraeus