Dr Christos P. Mavis
Biography
I have been a Lecturer (Assistant Professor) of Finance in the Surrey Business School since 2012. I graduated from the National Kapodistrian University of Athens with a BSc degree in Economics and hold an MSc degree from Durham Business School in the field of Corporate and International Finance. I completed my PhD in the area of Corporate Finance and, more specifically, in Mergers and Acquisitions (M&As) at the ICMA Centre in the University of Reading. I am also the Programme Director of the MSc in Corporate Finance and a Fellow of the Higher Education Academy.
My main research interests lie in merger waves, CEO turnovers, asset sales, and CEO acquisitiveness and their impact on shareholder value creation. My research is presented every year in North American and European Conferences and my most current work was published in the Financial Management. I currently teach Topics in Finance and Corporate Finance.
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
- Director 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
News
In the media
Research
Research interests
Mergers and Acquisitions; Merger Waves; CEO Turnovers; Corporate Governance; Asset Sales
Indicators of esteem
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Referee for European Financial Management
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Referee for Corporate Governance: An International Review
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Referee for European Journal of Finance
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Referee for International Journal of the Economics of Business
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Referee for International Journal of Banking, Accounting and Finance
Invited Presentations
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Indian Institute of Management Ahmedabad (IIMA), Gujarat, India, 2019
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School of Business, Management, and Economics, University of Sussex, Sussex, UK, 2017
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ICMA Centre, University of Reading, Reading, UK, 2017
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Strathclyde Business School, University of Strathclyde, Glasgow, UK, 2016
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Adam Smith Business School, University of Glasgow, Glasgow, UK, 2014
External Examiner
- University of Hertfordshire, Hertfordshire, UK - BA (Hons) Finance, Accounting, 2015 - Present
My teaching
Current modules
- Topics in Finance (BSc)
- Corporate Finance (BSc)
Previous modules
- Finance (PhD, contributor)
- Microeconomics (BSc)
- Portfolio Management (MSc)
Teaching Awards
- 2013-14 Annual Award for Teaching Excellence in Finance and Accounting
- 2012-13 Top 20 Teachers in the Faculty of Business, Economics, and Law
- 2012-13 Annual Award for Teaching Excellence in Finance and Accounting
Students' Evaluation 2017-18
4.3/5.0 in Topics in Finance
Courses I teach on
Supervision
Postgraduate research supervision
PhD Students
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Tianjiao Yuan: University of Reading (completed)
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Nathan McNamee: University of Surrey (completed)
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PGR Summer School Tutor, 2013 - 2015
My publications
Highlights
To view the full list of my publications and working papers please see the links below:
Most recent
Financial Management, Vol. 48 (1), pp. 3-43, 2019
We examine whether involuntary chief executive officer (CEO) replacements pay off by improving firm prospects. We find CEO successors’ acquisition investments to be associated with significantly higher shareholder gains relative to their predecessors and the average CEO. This improvement in postturnover acquisition performance appears to be a function of board independence, hedge fund ownership, and the new CEO's relative experience. CEO successors also create sizable shareholder value by reversing prior investments through asset disposals and discontinuing operations and by employing more efficient investment strategies. Our evidence suggests that firing a CEO pays off.