Lenos Trigeorgis

University of Cyprus - Department of Public and Business Administration

Professor of Finance

75 Kallipoleos Street

P.O. Box 20537

Nicosia CY-1678

Cyprus

King's College London

Strand

London, WC2R 2LS

United Kingdom

Massachusetts Institute of Technology (MIT) - Sloan School of Management

77 Massachusetts Ave. E62-663

Cambridge, MA 02142

United States

SCHOLARLY PAPERS

30

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CITATIONS
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in Total Papers Citations

45

Scholarly Papers (30)

1.

Option-Based Bankruptcy Prediction

EFMA 2000 Athens
Number of pages: 27 Posted: 12 Feb 2001
Andreas Charitou and Lenos Trigeorgis
University of Cyprus and University of Cyprus - Department of Public and Business Administration
Downloads 1,608 (10,217)
Citation 5

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Option pricing, bankruptcy

2.

Real Options at the Interface of Finance and Operations: Exploiting Embedded Supply Chain Real Options to Gain Competitiveness

European Journal of Finance, 2013, Volume 19, Issue 7-8, pages 760-778
Number of pages: 22 Posted: 11 Dec 2010 Last Revised: 07 Jul 2015
UNSW Australia Business School, School of Risk and Actuarial Studies, Erasmus University Rotterdam (EUR) - Department of Technology and Operations Management, University of Lausanne - Faculty of Business and Economics and University of Cyprus - Department of Public and Business Administration
Downloads 573 (46,037)
Citation 23

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real options, supply chain strategy, supply chain risk

3.

An Improved Binomial Lattice Method for Multi-Dimensional Options

Applied Mathematical Finance, Forthcoming
Number of pages: 30 Posted: 12 Sep 2005
Andrea Gamba and Lenos Trigeorgis
University of Warwick - Finance Group and University of Cyprus - Department of Public and Business Administration
Downloads 566 (46,750)
Citation 7

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Option pricing, binomial lattice, multi-dimensional diffusion

4.

Flexible Investment Decisions in the Telecommunications Industry: Case Applications Using Real Options

NET Institute Working Paper No. 06-06
Number of pages: 65 Posted: 23 Oct 2006
Fotios Harmantzis and Lenos Trigeorgis
FX Concepts and University of Cyprus - Department of Public and Business Administration
Downloads 466 (59,748)
Citation 1

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5.

Growth Options and Related Stock Market Anomalies: Profitability, Distress, Lotteryness, and Volatility

Number of pages: 83 Posted: 27 May 2017 Last Revised: 28 Mar 2019
Georgetown University - Robert Emmett McDonough School of Business, ESADE Business School, Cyprus University of Technology and University of Cyprus - Department of Public and Business Administration
Downloads 435 (64,979)
Citation 1

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Stock Market Anomalies, Stock Returns, Growth Options, Profitability, Lotteryness, Distress, Idiosyncratic Volatility, Idiosyncratic Skewness

6.

Optimal Sourcing and Lead-Time Reduction under Evolutionary Demand Risk

Production and Operations Management, Forthcoming
Number of pages: 32 Posted: 03 Dec 2011 Last Revised: 06 Jul 2015
University of Lausanne - Faculty of Business and Economics, University of Lausanne, University of Cyprus - Department of Public and Business Administration and UNSW Australia Business School, School of Risk and Actuarial Studies
Downloads 420 (67,771)
Citation 1

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lead-time reduction, forecast evolution, real options, supply-chain risk

7.

Shareholder Wealth Effects of Dividend Policy Changes in an Emerging Stock Market: The Case of Cyprus

Multinational Finance Journal, Vol. 5, No. 2, p. 87-112, 2001
Number of pages: 26 Posted: 08 Jul 2015
Nickolaos G. Travlos, Lenos Trigeorgis and Nikos Vafeas
University of Surrey, University of Cyprus - Department of Public and Business Administration and University of Cyprus
Downloads 292 (102,533)
Citation 16

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cash dividends; emerging markets; stock dividends

8.

Rethinking Lead Time Reduction Investment: A Real Options Perspective

UNSW Australian School of Business Research Paper No. 2008ACTL16
Number of pages: 2 Posted: 29 Nov 2008
Suzanne de Treville, Lenos Trigeorgis and Benjamin Avanzi
University of Lausanne - Faculty of Business and Economics, University of Cyprus - Department of Public and Business Administration and UNSW Australia Business School, School of Risk and Actuarial Studies
Downloads 276

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flexible manufacturing systems, real options analysis, manufacturing lead time, supply chain design, supply chain decision structure

9.

Asymmetric Returns and the Economic Content of Accruals and Investment

Number of pages: 34 Posted: 01 May 2018
ESADE Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Cyprus University of Technology and University of Cyprus - Department of Public and Business Administration
Downloads 259 (116,441)

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investment and accruals, volatility, growth options, nonlinear equity value, asymmetric returns, idiosyncratic skewness, anomalies

10.

Strategic Investment Under Uncertainty: A Synthesis

Number of pages: 38 Posted: 29 Jan 2010 Last Revised: 24 Jun 2012
Cranfield School of Management, Karlsruhe Institute of Technology, WHU - Otto Beisheim School of Management and University of Cyprus - Department of Public and Business Administration
Downloads 234 (129,151)
Citation 13

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Finance, Investment under uncertainty, Real options, Strategic investment, Option games.

11.

The Value Uncertainty Premium

Georgetown McDonough School of Business Research Paper No. 3299582
Number of pages: 80 Posted: 02 Jan 2019 Last Revised: 25 Jan 2019
Georgetown University - Robert Emmett McDonough School of Business, ESADE Business School, ESADE Business School and University of Cyprus - Department of Public and Business Administration
Downloads 228 (132,443)

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value stocks, book-to-market uncertainty, equity returns, asset pricing factors

12.

Option Market Ambiguity, Excess Returns and the Equity Premium

Number of pages: 53 Posted: 24 Sep 2015 Last Revised: 29 Aug 2016
Raymond HY So, Tarik Driouchi and Lenos Trigeorgis
University of London, King's College London, Department of Management, Affiliation Not Provided to SSRN and University of Cyprus - Department of Public and Business Administration
Downloads 216 (139,564)
Citation 1

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Ambiguity, option markets, return predictability, market excess returns, equity premium, risk-return trade-off, international evidence

13.

Product Development with Value-Enhancing Options

Number of pages: 47 Posted: 23 Mar 2007
Nicos Koussis, Lenos Trigeorgis and Spiros Martzoukos
University of Cyprus, University of Cyprus - Department of Public and Business Administration and University of Cyprus - Department of Public and Business Administration
Downloads 138 (206,718)
Citation 1

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Real options, economics of R&D, technical risk, path-dependency, sequential (compound) options, early versions (pilot projects) with cash multiplier, jump-diffusion

14.

Preemptive Capacity Investment Under Uncertainty

Number of pages: 18 Posted: 23 Jan 2011 Last Revised: 24 Jun 2012
Cranfield School of Management, WHU - Otto Beisheim School of Management and University of Cyprus - Department of Public and Business Administration
Downloads 105 (253,536)

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financial economics, strategic investment under uncertainty, real options, stochastic differential games, capital accumulation

15.

Greek Sovereign Debt: Addressing Economic Distress and Growth in the Euro Area

Number of pages: 33 Posted: 29 Dec 2017
Independent, University of Piraeus, Manchester Business School, University of Calgary - Haskayne School of Business and University of Cyprus - Department of Public and Business Administration
Downloads 97 (267,339)

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Greek sovereign debt, Grexit, debt sustainability, real options, growth-indexed bonds, fiscal balance, structural reforms

16.

Bank Lottery Behavior and Regulatory Bailouts

Number of pages: 53 Posted: 03 Apr 2017
ESADE Business School, Helsinki School of Economics, New York University - Leonard N. Stern School of Business and University of Cyprus - Department of Public and Business Administration
Downloads 86 (288,636)

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Lottery Behavior, Regulatory Bailout, Bank Stocks, Risk Taking, TARP, Equity Returns

17.

Growth Options as Determinants of Skewness

ESADE Business School Research Paper No. 247
Number of pages: 44 Posted: 30 Jun 2013
Luca Del Viva, Eero Kasanen and Lenos Trigeorgis
ESADE Business School, Helsinki School of Economics and University of Cyprus - Department of Public and Business Administration
Downloads 85 (290,737)

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18.

The Effect of Cost Asymmetry and Output Flexibility on Capacity Choices

Number of pages: 40 Posted: 04 Apr 2013 Last Revised: 17 Apr 2019
Cranfield School of Management, University of Wuerzburg, Tilburg University - Department of Econometrics & Operations Research and University of Cyprus - Department of Public and Business Administration
Downloads 58 (358,385)

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Operational flexibility, real options, market entry, industrial organization

19.

Flexibility and Games in Strategic Investment

Multinational Finance Journal, Vol. 14, No. 1/2, p. 125-151, 2010
Number of pages: 27 Posted: 26 Jun 2015
Han T. J. Smit and Lenos Trigeorgis
Erasmus University Rotterdam (EUR) and University of Cyprus - Department of Public and Business Administration
Downloads 40 (419,367)
Citation 1

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strategic planning; real options; game theory; option games; competition

20.

Do Big Bank Equityholders 'Pay' for Bailout Insurance Over the Economic Cycle?

Number of pages: 39 Posted: 20 Jul 2017
ESADE Business School, Helsinki School of Economics, New York University - Leonard N. Stern School of Business and University of Cyprus - Department of Public and Business Administration
Downloads 38 (427,359)

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TARP, Too-big-to-Fail, TBTF, Bailout, Banks, Financial Institution, Big Banks

21.

Strategic Planning: Valuing and Managing Portfolios of Real Options

R&D Management, Vol. 36, No. 4, pp. 403-419, September 2006
Number of pages: 17 Posted: 21 Sep 2006
Han Smit and Lenos Trigeorgis
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and University of Cyprus - Department of Public and Business Administration
Downloads 18 (527,126)
Citation 1
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22.

Earnings Behaviour of Financially Distressed Firms: The Role of Institutional Ownership

Abacus, Vol. 43, No. 3, pp. 271-296, September 2007
Number of pages: 26 Posted: 17 Aug 2007
Andreas Charitou, Neophytos Lambertides and Lenos Trigeorgis
University of Cyprus, Cyprus University of Technology and University of Cyprus - Department of Public and Business Administration
Downloads 12 (562,517)
Citation 8
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23.

Assessing the Value of Growth Option Synergies from Business Combinations and Testing for Goodwill Impairment: A Real Options Perspective

Journal of Applied Corporate Finance, Vol. 21, Issue 4, pp. 115-124, Fall 2009
Number of pages: 11 Posted: 16 Dec 2009
Francesco Baldi and Lenos Trigeorgis
Univeristy of Rome, La Sapienza and University of Cyprus - Department of Public and Business Administration
Downloads 6 (600,077)
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24.

Distress Risk, Growth and Earnings Quality

Abacus, Vol. 47, Issue 2, pp. 158-181, 2011
Number of pages: 24 Posted: 06 Jun 2011
Andreas Charitou, Neophytos Lambertides and Lenos Trigeorgis
University of Cyprus, Cyprus University of Technology and University of Cyprus - Department of Public and Business Administration
Downloads 3 (621,476)
Citation 8
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Distress risk, Earnings quality, Growth options

25.

Real Options in Strategy and Finance. Current Gaps and Future Linkages

Academy of Management Perspectives, Vol. 30(4), p. 428-440, 2016
Posted: 17 Mar 2017
Roberto Ragozzino, Jeffrey J. Reuer and Lenos Trigeorgis
University of Liverpool, Purdue University - Krannert School of Management and University of Cyprus - Department of Public and Business Administration

Abstract:

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Real Options, Finance, Management, Review

26.

The Strategic Capital Budgeting Process: A Review of Theories and Practices

Real Options in Capital Investment: New Contributions, L. Trigeorgis (Ed.), Praeger Publishers, 1995, 69-86
Posted: 17 Mar 2015
Van Son Lai and Lenos Trigeorgis
Université Laval and University of Cyprus - Department of Public and Business Administration

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27.

Alternative Bankruptcy Prediction Models using Option-Pricing Theory

Journal of Banking and Finance, 37 (7), 2329-2341, 2011
Posted: 17 Mar 2011 Last Revised: 28 Mar 2016
University of Cyprus, University of Stirling, Cyprus University of Technology and University of Cyprus - Department of Public and Business Administration

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Bankruptcy prediction, Option-pricing theory, Volatility estimation

28.

Managerial Discretion in Distressed Firms

British Accounting Review, Vol. 39, No. 4, 2007
Posted: 14 Aug 2010
Andreas Charitou, Neophytos Lambertides and Lenos Trigeorgis
University of Cyprus, Cyprus University of Technology and University of Cyprus - Department of Public and Business Administration

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Distress, Bankruptcy, Earnings management, Audit opinion, Stock returns

29.

The General Flexibility to Switch: Real Options Revisited

International Journal Of Finance, Vol 6 No 2, Winter 1994
Posted: 03 May 2000
Nalin Kulatilaka and Lenos Trigeorgis
Boston University - Department of Finance & Economics and University of Cyprus - Department of Public and Business Administration

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30.

Multi-Stage Real Options: The Cases of Information Technology Infrastructure and International Bank Expansion

1998 Special Issue of The Quarterly Review Of Economics And Finance, III. Issues in Application
Posted: 31 Oct 1998
Sylvia Panayi and Lenos Trigeorgis
Johns Hopkins University and University of Cyprus - Department of Public and Business Administration

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