Research Groups

Research Groups
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Research Group  Finance


Group Coordinator: João Pedro Nunes

 

 

 

 

 

 

 

Full Professor at the Department of Finance of ISCTE- Instituto Universitário de Lisboa

                     Office: D531
                     Telephone: 2176505261/220551

                     E-mail: joao.nunes@iscte-iul.pt

 

Finance Group main areas of research: 

  • Asset Pricing 
  • Banking and other Financial Institutions 
  • Corporate Finance 
  • Financial Derivatives 

 

The Finance Research Group works both on theoretical and empirical issues in mainstream research areas such as corporate finance, asset pricing (both theoretical and empirical), banking and other financial institutions, mathematical finance and monetary policy, focusing on changes and innovation in financial markets. 

 

Main achievements 2013-2017: 


i) The group published 27 papers in ABS 4*, ABS 4 or ABS 3 journals.

 

ii) Group research in international financial reporting, namely non-GAAP reporting in Europe, has influenced not only investors and creditors who use information about earnings (both GAAP and non-GAAP) in their financing decisions, but also regulators and financial analysts who construct projects about a firm’s future cash flows.

 

iii) Invitation to the 2017 IASB Research to provide academic feedback to a new project of the International Accounting Standards Board (IASB) called “What is EBIT?”. This project intends to provide a clear definition of recurring performance, avoiding inconsistent and opportunistic reporting of performance measures by companies.

 

iv) Findings of the study of the dividend payouts of U.S. bank holding companies before and during the 2007-09 financial crisis have had implications for corporate finance and governance theories, as well as for the regulatory reforms being discussed among policymakers. 

 

v) Organisation of the IFABS (International Finance and Business Society) Conference in 2014.


  • Integrated Member
  • Aricson Cruz
    Aricson Cruz

    aricson85@hotmail.com

    External/guest

    Research and Teaching Interests:

  • Maria Helena Lopes Moreira da Veiga
    Maria Helena Lopes Moreira da Veiga

    mhveiga@est-econ.uc3m.es

    Associate Professor

    Research and Teaching Interests:

  • Helena Oliveira Isidro
    Helena Oliveira Isidro

    hoio@iscte-iul.pt

    Full Professor

    Research and Teaching Interests: Capital markets, International financial reporting, Equity valuation, Voluntary disclosure

  • João Pedro Bento Ruas
    João Pedro Bento Ruas

    ruasj@hotmail.com

    Visiting Assistant Professor

    Research and Teaching Interests: Financial Derivatives

  • João Pedro Vidal Nunes
    João Pedro Vidal Nunes

    joao.nunes@iscte-iul.pt

    Full Professor

    Research and Teaching Interests: Option Pricing Interest rate models Exotic options and Structured products Stochastic calculus

  • José Carlos Gonçalves Dias
    José Carlos Gonçalves Dias

    jose.carlos.dias@iscte-iul.pt

    Assistant Professor with "Agregação"

    Research and Teaching Interests: Option pricing, Exotic options, Real options, Credit risk

  • Mohamed Azzim Gulamhussen
    Mohamed Azzim Gulamhussen

    mohamed.azzim@iscte.pt

    Associate Professor with "Agregação"

    Research and Teaching Interests: Banking & Finance, Business Education

  • Associate researcher
  • António Manuel Corte Real de Freitas Miguel
    António Manuel Corte Real de Freitas Miguel

    a.freitasmiguel@iscte-iul.pt

    Assistant Professor

    Research and Teaching Interests: Mutual Funds, International Investments

  • Carlos Manuel da Silva Pacheco Pinheiro
    Carlos Manuel da Silva Pacheco Pinheiro

    carlos_manuel_pinheiro@iscte.pt

    External/guest

    Research and Teaching Interests: Banking, Governance, Behavioral Finance

  • Luís Alberto Ferreira de Oliveira
    Luís Alberto Ferreira de Oliveira

    luis.oliveira@iscte-iul.pt

    Assistant Professor

    Research and Teaching Interests: Mercados Financeiros, Gestão de Risco de Mercado, Gestão de Risco Taxa de Juro, Derivados Financeiros

Year Published:
Publication Type:
Author:
Title:
Articles in scientific journals with scientific review ISI Indexed
Fábio Dias Duarte, Ana Paula Matias Gama, Gulamhussen, M. A. (2020) "Credit risk, owner liability and bank loan maturities during the global financial crisis",European Financial Management, N/A (),
Miguel Ângelo Ferreira, Aneel Keswani, António Miguel, Sofia Ramos (2019) "What determines fund performance persistence? International evidence",Financial Review, 54 (4), 679
José Filipe Abreu, Marta Guerra Alves, Gulamhussen, M. A. (2019) "State interventions to rescue banks during the global financial crisis",International Review of Economics & Finance, 62 (), 213
João Henrique Gonçalves Mazzeu, Esther Ruiz Ortega, Helena Veiga (2018) "Uncertainty and density forecasts of arma models: comparison of asymptotic, bayesian, and bootstrap procedures",Journal of Economic Surveys, 32 (2), 388
Fábio Dias Duarte, Ana Paula Matias Gama, Gulamhussen, M. A. (2018) "Defaults in bank loans to SMEs during the financial crisis",Small Business Economics, 51 (3), 591
Maria Martins, Ana Isabel Morais, Helena Isidro, Raul Laureano (2018) "Intellectual Capital Disclosure: the Portuguese Case",Journal of the Knowledge Economy, (),
Miles Gietzmann, Helena Isidro, Ivana Raonic (2018) "Vulture funds and the fresh start accounting value of firms emerging from bankruptcy",Journal of Business Finance and Accounting, 45 (3-4), 410
Helena Isidro, Cláudio Pais (2017) "The role and current status of IFRS in the completion of national accounting rules - evidence from Portugal",Accounting in Europe, 14 (1-2), 164
Helena Isidro, José G. Dias (2017) "Earnings quality and the heterogeneous relation between earnings and stock returns",Review of Quantitative Finance and Accounting, 49 (4), 1143
José Carlos Dias, João Nunes (2017) "Universal recurrence algorithm for computing Nuttall, generalized Marcum and incomplete Toronto functions and moments of a noncentral x2 random variable",European Journal of Operational Research , 265 (2), 559
National Government/ Organization contract research
Developing and Extending Regime Switching Models in Finance and Accounting, ISCTE IUL, Membro, ISCTE IUL, PTDC/EGE-GES/103223/2008, 2010-2013; Funding: 32.000 Euros
Determinants and economic consequences of non-GAAP financial reporting in Europe, ISCTE IUL and Nova University, Membro, Nova University, PTDC/EGE-GES/103770/2008, 2010-2013, Funding: 32.000 Euros
?Performance Persistence and The Smart Money Effect in Mutual Funds - International Evidence?, ISCTE-IUL, Universidade Nova de Lisboa, Cass Business School - London, Aneel Keswani (Cass Business School), Antonio Freitas Miguel (ISCTE-IUL), Miguel Ferreira (Universidade Nova de Lisboa) e Sofia Ramos (ISCTE-IUL Business School), ISCTE-IUL, PTDC/EGE-GES/112820/2009, 2011-2013
Capital Market Effects of Financial Reporting Regulation, ISCTE IUL and Cass Business School, Research leader, ISCTE IUL, PTDC/IIM-GES/3933/2012, 1Jun2013-30May2015, Funding: 40.000 Euros
Banking: Globalization, Governance and Regulation, 2011-2014, Investigador Principal, ISCTE-IUL, PTDC/EGE-ECO/114977/2009, Classificação "Excelente" pelo painel FCT
Multidisciplinary strategic project, 2011-2012, Investigador Principal, ISCTE-IUL, PEst-OE/EGE/UI0315/2011, -
Corporate governance in middle income countries, 2007-2010, Membro, ISCTE-IUL, FCT/PTDC/GES/72859/2006, Classificação "Excelente" pelo painel FCT