Dr Christos P. Mavis

Senior Lecturer in Finance and Accounting
BSc, MSc (Dunelm), PhD
60 MS 02
Mondays: 11-12:00; Wednesdays: 11-13:00; Office hours by appointment only

Academic and research departments

Department of Finance and Accounting, Surrey Business School.


Areas of specialism

Corporate Finance; Mergers and Acquisitions; Corporate Governance

University roles and responsibilities

  • Programme Director of MSc in Corporate Finance, 2016 - Present
  • Internal Examiner of PhD Theses, 2013 - Present
  • Task force member of the University of Surrey Business and Economics Experiment (USBEE), 2017 - Present
  • Supervisor of MSc students, 2012 - Present
  • Personal Placement Tutor, 2012 - Present
  • Personal Academic Tutor, 2012 - Present

Previous roles

Programme Director of MSc in International Financial Management, 2015 - 2017
Department Website Coordinator, 2012 - 2015
PGR Summer School Tutor, 2013 - 2015


Research interests

Indicators of esteem

  • Referee for European Financial Management

  • Referee for Corporate Governance: An International Review

  • Referee for European Journal of Finance

  • Referee for International Journal of the Economics of Business

  • Referee for International Journal of Banking, Accounting and Finance


Postgraduate research supervision

My teaching

Courses I teach on

Postgraduate taught

Postgraduate research

Management and Business PhD

My publications


To view the full list of my publications and working papers please see the links below:


Most recent

Selling to Buy: Asset Sales and Acquisitions

Journal of Corporate Finance, Forthcoming

This study explores the impact of joint corporate asset restructuring decisions where firms sell an asset in order to fund a subsequent acquisition (selling-to-buy). We find that firms with asset sales are associated with increased acquisition probability. The effect is more pronounced for financially constrained firms. We also show that, in addition to the established improved firm efficiency from focus-increasing asset sales, financially constrained firms obtain the necessary funds to conduct focus-increasing acquisitions, improving further their efficiency. This translates into both higher long-run operating performance and stock abnormal returns at the asset sale announcement.