Andrew C. Worthington

Griffith University

Professor of Finance

170 Kessels Road

Nathan, Queensland 4111

Australia

SCHOLARLY PAPERS

49

DOWNLOADS
Rank 10,120

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Top 10,120

in Total Papers Downloads

4,843

SSRN CITATIONS
Rank 11,926

SSRN RANKINGS

Top 11,926

in Total Papers Citations

18

CROSSREF CITATIONS

65

Scholarly Papers (49)

1.

Attitudes, Perceptions and Motivations of Libyan Retail Consumers toward Islamic Methods of Finance

Number of pages: 17 Posted: 31 Mar 2009
Alsadek Gait and Andrew C. Worthington
affiliation not provided to SSRN and Griffith University
Downloads 740 (35,130)
Citation 2

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Islamic methods of finance, Islamic banking, consumer attitudes and perceptions

2.

Libyan Business Firm Attitudes Towards Islamic Methods of Finance

Number of pages: 16 Posted: 30 Mar 2009
Alsadek Gait and Andrew C. Worthington
affiliation not provided to SSRN and Griffith University
Downloads 476 (62,366)
Citation 5

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Islamic methods of finance, Islamic banking, business attitudes and perceptions

3.

Do Islamic Banks Have Higher Credit Risk?

Number of pages: 35 Posted: 12 Aug 2014
Nurul Kabir and Andrew C. Worthington
Griffith University and Griffith University
Downloads 288 (111,247)

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Credit risk, distance to default, Z score, crisis

4.

The Month-of-the-Year Effect in the Australian Stock Market: An Analysis of the Market, Industry and Firm Size Impacts

Number of pages: 7 Posted: 29 Oct 2008
George J. Marrett and Andrew C. Worthington
University of Wollongong - School of Accounting, Economics & Finance and Griffith University
Downloads 283 (113,306)
Citation 3

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calendar effects, market anomalies, market efficiency

5.

Modelling Spot Prices in Deregulated Wholesale Electricity Markets: A Selected Empirical Review

Number of pages: 29 Posted: 29 Oct 2008
Helen Higgs and Andrew C. Worthington
Queensland University of Technology - School of Economics and Finance and Griffith University
Downloads 264 (121,876)
Citation 1

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wholesale electricity prices, high-frequency data, price volatility

6.

Economic Value-Added: A Review of the Theoretical and Empirical Literature

Asian Review of Accounting, Vol. 9, No. 1, pp. 67-86, 2001
Number of pages: 22 Posted: 03 Nov 2012
Andrew C. Worthington and Tracey West
Griffith University and Griffith University
Downloads 263 (122,341)

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economic value added, EVA, accounting performance measures

7.

The Pricing and Performance of Initial Public Offerings in Australia, 1996-2007: A Comparison of Ordinary, Venture Capital and Private Equity-Backed Issues

Number of pages: 23 Posted: 29 Oct 2008
Nancy Vu, Andrew C. Worthington and Phillip Laird
University of Wollongong, Griffith University and Griffith University
Downloads 241 (133,818)

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initial public offerings, venture capital, private equity, underpricing, abnormal returns

8.

The Usefulness of Economic Value-Added (EVA) and its Components in the Australian Context

Accounting, Accountability and Performance, 7(1), pp. 73-90 (2001)
Number of pages: 21 Posted: 04 Nov 2012
Andrew C. Worthington and Tracey West
Griffith University and Griffith University
Downloads 233 (138,902)

Abstract:

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EVA, Economic Value Added, accounting-based performance measures, pooled time-series

9.

The Decline of Calendar Seasonality in the Australian Stock Exchange, 1958-2005

Number of pages: 13 Posted: 29 Oct 2008
Andrew C. Worthington
Griffith University
Downloads 157 (198,071)
Citation 2

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calendar effects, market anomalies, market efficiency

10.
Downloads 155 (201,338)
Citation 4

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household asset portfolios, diversification, mean-variance efficiency

11.

A Review and Synthesis of the Economic Value-Added Literature

Discussion Papers in Economics, Finance and International Competitiveness, School of Economics and Finance, Queensland University of Technology, 2000
Number of pages: 21 Posted: 03 Nov 2012
Andrew C. Worthington and Tracey West
Griffith University and Griffith University
Downloads 144 (212,770)

Abstract:

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EVA, economic value-added, accounting performance measures

12.

Firm-Specific Determinants and Outcomes of Initial Public Offerings in Thailand, 2001–2007

Number of pages: 27 Posted: 11 Jan 2010
Jirapun Anne Chorruk and Andrew C. Worthington
Griffith University - Department of Accounting, Finance and Economics and Griffith University
Downloads 137 (221,454)

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initial public offerings, decision to go public, listing costs and benefits

13.

Smart Money in Malaysian Islamic and Conventional Equity Funds

Number of pages: 33 Posted: 20 Aug 2012
Ainulashikin Marzuki and Andrew C. Worthington
Griffith University and Griffith University
Downloads 122 (242,066)

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Islamic equity funds, fund flow–performance, smart money effect, religion

Downloads 120 (246,163)
Citation 4

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Data envelopment analysis, stochastic frontier analysis, technical, allocative, productive, profit and cost efficiency, credit unions, building societies, savings and loans

Frontier Efficiency Measurement in Deposit-Taking Financial Mutuals: A Review of Techniques, Applications, and Future Research Directions

Annals of Public and Cooperative Economics, Vol. 81, Issue 1, pp. 39-75, March 2010
Number of pages: 37 Posted: 15 Feb 2010
Andrew C. Worthington
Griffith University
Downloads 1 (716,285)
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15.

Asset Diversification and Efficiency: Evidence from the Chinese Banking Sector

29th Australasian Finance and Banking Conference 2016
Number of pages: 27 Posted: 18 Aug 2016
Kai Du, Andrew C. Worthington and Valentin Zelenyuk
University of Adelaide, Griffith University and University of Queensland
Downloads 117 (249,757)

Abstract:

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Asset diversification; Data envelopment analysis; Truncated regression; Bootstrapping; Chinese banks

16.

New Evidence on the Pricing and Performance of Initial Public Offerings in Thailand: 1997–2008

22nd Australasian Finance and Banking Conference 2009
Number of pages: 23 Posted: 27 Aug 2009
Jirapun Anne Chorruk and Andrew C. Worthington
Griffith University - Department of Accounting, Finance and Economics and Griffith University
Downloads 113 (255,979)
Citation 1

Abstract:

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initial public offerings, underpricing, abnormal returns

17.

Australian Evidence Concerning the Information Content of Economic Value-Added

Australian Journal of Management, Vol. 29, No. 2, 2004
Number of pages: 26 Posted: 04 Nov 2012
Andrew C. Worthington and Tracey West
Griffith University and Griffith University
Downloads 105 (269,538)
Citation 2

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value-relevance, relative and incremental information content, economic value-added, residual income

18.

Economies of Scale and Scope in Australian Higher Education, 1998-2006

Number of pages: 30 Posted: 14 Dec 2008
Andrew C. Worthington and Helen Higgs
Griffith University and Griffith University
Downloads 102 (274,933)

Abstract:

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Economies of scale, economies of scope, substitutes and complements in production, cost efficiency

19.

Economies of Scale and Scope in Australian Urban Water Utilities

Number of pages: 29 Posted: 18 May 2011
Andrew C. Worthington and Helen Higgs
Griffith University and Griffith University
Downloads 93 (292,189)

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Economies of Scale, Economies of Scope, Cost Efficiency, Urban Water Utilities

20.

The Impact of Trading-Restricted, Business Days and Trading, Non-Business Days on Australian Small-Cap, Large-Cap and Market Returns

Number of pages: 18 Posted: 29 Oct 2008
Mitesh Mistry, Andrew C. Worthington, Dionigi Gerace and Chandra Gulati
affiliation not provided to SSRN, Griffith University, The University of Sydney and University of Wollongong
Downloads 83 (313,640)

Abstract:

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security trading, settlement and clearing, market efficiency, holiday effect

21.

Macroeconomic Risk Factors in Australian Commercial Real Estate, Listed Property Trust and Property Sector Stock Returns: A Comparative Analysis Using Garch-M

University of Wollongong Faculty of Commerce Papers, 2006
Number of pages: 21 Posted: 14 Aug 2012
Tracey West and Andrew C. Worthington
Griffith University and Griffith University
Downloads 61 (371,647)

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property returns, listed property trust, property stocks, market risk, interest rate risk, industrial production and construction activity, generalised autoregressive conditional heteroskedasticity in mean (GARCH-M) models

22.

Efficiency, Technology, and Productivity Change in Australian Urban Water Utilities

Number of pages: 24 Posted: 18 May 2011
Andrew C. Worthington
Griffith University
Downloads 61 (371,647)
Citation 3

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productivity, technical and scale efficiency, technological progress, urban water utilities, Malmquist indices

23.

The Usefulness of Economic Value-Added in the Australian Context

Number of pages: 19 Posted: 14 Aug 2012
Tracey West and Andrew C. Worthington
Griffith University and Griffith University
Downloads 60 (374,643)

Abstract:

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property returns, listed property trust, property stocks, market risk, interest rate risk, industrial production and construction activity, generalised autoregressive conditional heteroskedasticity in mean (GARCH-M) models

24.

An Empirical Note on Factor Price Elasticities and Substitution in Australian Higher Education

Number of pages: 12 Posted: 10 Dec 2008
Andrew C. Worthington and Helen Higgs
Griffith University and Griffith University
Downloads 58 (380,801)
Citation 1

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own- and cross-price price elasticity, derived demand, factor substitutability

25.

The Impact of Major Life Events on Australian Household Financial Decision-Making and Portfolio Rebalancing

Number of pages: 26 Posted: 20 Aug 2016
Tracey West and Andrew C. Worthington
Griffith University and Griffith University
Downloads 57 (384,193)
Citation 1

Abstract:

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Household finance, Asset portfolios, Portfolio rebalancing, Life events

26.

Financial Risk Attitudes in Australian Households: A Comparative Analysis of the Impact of Demographic and Socioeconomic Factors and Macroeconomic Conditions

25th Australasian Finance and Banking Conference 2012
Number of pages: 27 Posted: 21 Aug 2012
Tracey West and Andrew C. Worthington
Griffith University and Griffith University
Downloads 47 (418,316)

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Risk attitudes, Risk aversion, Household, Income and Labour Dynamics in Australia (HILDA) survey, Ordered logit

27.

Art as an Investment: Risk, Return and Portfolio Diversification in Major Painting Markets

Accounting and Finance, Vol. 44, No. 2, pp. 257-271, July 2004
Number of pages: 15 Posted: 04 Jan 2020
Andrew C. Worthington and Helen Higgs
Griffith University and Queensland University of Technology - School of Economics and Finance
Downloads 45 (425,913)
Citation 2
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Art and collectibles, Markowitz efficient frontier, portfolio diversification, risk and return

28.

Efficiency and Productivity of Australian Private Health Insurers

31st Australasian Finance and Banking Conference 2018
Number of pages: 27 Posted: 30 Jul 2018
Lan Nguyen and Andrew C. Worthington
Griffith University and Griffith University
Downloads 44 (429,707)

Abstract:

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Private health insurance, Technical and scale efficiency, Data envelopment analysis, Malmquist index, Productivity

29.

Macroeconomic Conditions and Australian Financial Risk Attitudes, 2001-2010

Journal of Family and Economic Issues, 2013
Number of pages: 15 Posted: 22 Jun 2013
Tracey West and Andrew C. Worthington
Griffith University and Griffith University
Downloads 36 (462,566)
Citation 1

Abstract:

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Risk attitudes, Risk aversion, Household, Income and Labor Dynamics in Australia (HILDA) survey, Ordered logit

30.

Reviews

Economic Record, Vol. 78, pp. 358-374, 2002
Number of pages: 17 Posted: 17 Feb 2003
Griffith University, University of Durham, National University of Singapore (NUS), Massey University - Department of Economics and Finance (Palmerston North & Wellington), College of Business, University of Toronto - Rotman School of Management, UNSW Australia Business School, School of Economics, University of East Anglia (UEA) - School of Economic and Social Studies, Wake Forest University - Department of Economics, Australian National University and Ludwig Maximilian University of Munich (LMU) - Faculty of Economics
Downloads 30 (490,675)
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31.

Urban Water Demand with Fixed Volumetric Charging in a Large Municipality: The Case of Brisbane, Australia

Australian Journal of Agricultural and Resource Economics, Vol. 50, No. 3, pp. 347-359, September 2006
Number of pages: 13 Posted: 07 Sep 2006
Mark Hoffman, Andrew C. Worthington and Helen Higgs
Queensland University of Technology - School of Economics and Finance, Griffith University and Queensland University of Technology - School of Economics and Finance
Downloads 26 (512,130)
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32.

Emergency Funds in Australian Households: An Empirical Analysis of Capacity and Sources

Journal of Financial Counseling and Planning, Vol. 15, No. 1, 2004
Posted: 04 May 2013
Andrew C. Worthington
Griffith University
Downloads 23 (529,576)
Citation 1

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Emergency funds, Financial planning, Financial wellness, Household Expenditure Survey

33.

Life Events and Portfolio Rebalancing of the Family Home

Number of pages: 7 Posted: 09 Feb 2017
Tracey West and Andrew C. Worthington
Griffith University and Griffith University
Downloads 19 (554,079)

Abstract:

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34.

Nonlinear Effects of Oil Prices on Consumer Prices: A Comparative Study of Net Oil Consuming and Producing Countries

Review of Economic Analysis 9 (2017) 57-79
Number of pages: 23 Posted: 09 Jan 2018
M‐Ali Sotoudeh and Andrew C. Worthington
Griffith University - Department of Accounting, Finance and Economics and Griffith University
Downloads 14 (585,486)

Abstract:

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oil prices, consumer prices, oil consuming/producing countries, panel linear causality, nonlinear causality

35.

Financial Returns and Price Determinants in the Australian Art Market, 1973-2003

Economic Record, Vol. 81, pp. 113-123, June 2005
Number of pages: 11 Posted: 19 May 2005
Helen Higgs and Andrew C. Worthington
Queensland University of Technology - School of Economics and Finance and Griffith University
Downloads 14 (585,486)
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36.

Personal Bank Account Access and Awareness: An Analysis of the Technological and Informational Constraints of Australian Consumers

International Journal of Consumer Studies, Vol. 31, No. 5, pp. 443-452, September 2007
Number of pages: 10 Posted: 11 Dec 2007
Andrew C. Worthington
Griffith University
Downloads 6 (639,277)
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37.

Political Cycles in the Australian Stock Market Since Federation

Australian Economic Review, Vol. 42, No. 4, pp. 397-409, December 2009
Number of pages: 13 Posted: 08 Dec 2009
Andrew C. Worthington
Griffith University
Downloads 3 (661,334)
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38.

Synthesizing an Index of Financial Literacy Using Not‐For‐Purpose Survey Data

Economic Notes, Vol. 47, Issue 2-3, pp. 331-352, 2018
Number of pages: 22 Posted: 12 Jun 2018
Tracey West and Andrew C. Worthington
Griffith University and Griffith University
Downloads 1 (682,816)
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39.

An Empirical Survey of Residential Water Demand Modelling

Journal of Economic Surveys, Vol. 22, No. 5, pp. 842-871, December 2008
Number of pages: 30 Posted: 03 Nov 2008
Andrew C. Worthington and Mark Hoffman
Griffith University and Queensland University of Technology - School of Economics and Finance
Downloads 1 (682,816)
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40.

Responses of Economic Activity to Global Oil Market Shocks: A Comparative Analysis of Major Net Oil‐Producing and ‐Consuming Countries

Economic Record, Vol. 93, pp. 70-85, 2017
Number of pages: 16 Posted: 15 Jun 2017
M‐Ali Sotoudeh and Andrew C. Worthington
Griffith University - Department of Accounting, Finance and Economics and Griffith University
Downloads 0 (700,186)
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41.

Comparative Credit Risk in Islamic and Conventional Banks

Pacific-Basin Finance Journal, Vol. 34, 2015
Posted: 06 Sep 2014 Last Revised: 04 Jan 2016
Nurul Kabir, Andrew C. Worthington and Rakesh Gupta
Griffith University, Griffith University and Griffith University - Griffith Business School

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Credit risk; distance to default; Z-scores; nonperforming loans; Islamic banking

42.

A Canonical Correlation Analysis of Financial Risk-Taking by Australian Households

Consumer Interests Annual, 2013
Posted: 28 Jun 2013
Tracey West and Andrew C. Worthington
Griffith University and Griffith University

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financial risk-taking, HILDA Survey

43.

Return Relationships Among European Equity Sectors: A Comparative Analysis Across Selected Sectors in Small and Large Economies

Journal of Applied Economics, Vol. 8, No. 2, pp. 371-388, November 2005
Posted: 28 Feb 2006
Siv Taing and Andrew C. Worthington
Queensland University of Technology and Griffith University

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Risk and return, volatility, autoregressive conditional heteroskedasticity

44.

Measuring the Impact of Natural Disasters on Capital Markets: An Empirical Application Using Intervention Analysis

Applied Economics, Vol. 36, No. 19, pp. 2177-86
Posted: 17 Apr 2005
Andrew C. Worthington and Abbas Valadkhani
Griffith University and University of Wollongong - School of Economics and Information Systems

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Australia, Natural events, disasters and catastrophes, market returns, intervention analysis, ARIMA

45.

A Note on the Rising Cost of Education in Australia

Australian Economic Papers, Vol. 24, No. 1, 2005
Posted: 21 Feb 2005
Abbas Valadkhani, Andrew C. Worthington and Allan P. Layton
University of Wollongong - School of Economics and Information Systems, Griffith University and Queensland University of Technology - School of Economics and Finance

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Cost of Education, Australia, Inflation

46.

Gambling as a Base for Hypothecated Taxation: The Uk's National Lottery and Electronic Gaming Machines in Australia

Public Money & Management, Vol. 24, No. 3, pp. 167-174, June 2004
Posted: 06 Jul 2004
David Pickernell, Kerry Brown, Andrew C. Worthington and Mary Crawford
University of Glamorgan, Queensland University of Technology - School of Management, Griffith University and Queensland University of Technology

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47.

Cost Efficiency in Australian Local Government: A Comparative Analysis of Mathematical Programming Anf Econometrical Approaches

Financial Accountability and Management, Vol. 16, No. 3, August 2000
Posted: 24 Mar 2001
Andrew C. Worthington
Griffith University

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48.

Determinants of Recidivism in Paroled Queensland Prisoners: A Comparative Analysis of Custodial and Socioeconomic Characteristics

Australian Economic Papers, Vol. 39, No. 3, 2000
Posted: 09 Nov 2000
Andrew C. Worthington, Helen Higgs and Glyn Edwards
Griffith University, Queensland University of Technology - School of Economics and Finance and Queensland University of Technology - School of Economics and Finance

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49.

Cost Efficiency in Australian Non-Bank Financial Institutions: A Non-Parametric Approach

Accounting and Finance, Vol. 40, Issue 1
Posted: 31 Jul 2000
Andrew C. Worthington
Griffith University

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