Georgios A. Papanastasopoulos

University of Piraeus - Department of Business Administration

80, KARAOLI & DIMITRIOU,PIRAEUS

Piraeus, 18534

Greece

SCHOLARLY PAPERS

29

DOWNLOADS

1,253

SSRN CITATIONS

0

CROSSREF CITATIONS

2

Scholarly Papers (29)

Accruals and Value/Growth Anomalies: New Evidence on Their Relation

Number of pages: 27 Posted: 16 Sep 2007 Last Revised: 22 Jun 2010
Gikas A. Hardouvelis, Georgios A. Papanastasopoulos, Dimitrios D. Thomakos and Tao Wang
University of Piraeus, University of Piraeus - Department of Business Administration, University of Athens, Department of Business Administration and City University of New York (CUNY) - Department of Economics
Downloads 647 (67,947)

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accrual anomaly, value/growth anomaly, earnings management

Accruals and Value/Growth Anomalies: New Evidence on Their Relation

EFA 2008 Athens Meetings Paper
Number of pages: 27 Posted: 09 Mar 2008 Last Revised: 24 Jun 2010
Gikas A. Hardouvelis, Georgios A. Papanastasopoulos, Tao Wang and Dimitrios D. Thomakos
University of Piraeus, University of Piraeus - Department of Business Administration, City University of New York (CUNY) - Department of Economics and University of Athens, Department of Business Administration
Downloads 349 (142,779)
Citation 1

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accrual anomaly, value/growth anomaly, earnings management

2.

The Effect of Audit Quality on Organization Capital

Number of pages: 38 Posted: 29 Mar 2022
National and Kapodistrian University of Athens, University of Piraeus, University of Piraeus and University of Piraeus - Department of Business Administration
Downloads 121 (386,896)

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Audit quality, Organization Capital, Audit Fees, Audit Tenure.

3.

Family Ownership and the Accrual Anomaly

Number of pages: 41 Posted: 16 Nov 2022 Last Revised: 21 Mar 2023
Adam Aoun, Leonidas C. Doukakis and Georgios A. Papanastasopoulos
EHL Lausanne, HES-SO, University of Applied Sciences Western Switzerland, Athens University of Economics and Business and University of Piraeus - Department of Business Administration
Downloads 108 (412,419)

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Accrual anomaly, Family ownership, Earnings, Accruals

4.

Do Raw Accounting Data Convey Information About R&D Costs Accounting Treatment? An Investigation With Machine Learning

Number of pages: 41 Posted: 18 Jun 2023 Last Revised: 21 Jun 2023
Georgios A. Papanastasopoulos, John Sorros and Antonios M. Vasilatos
University of Piraeus - Department of Business Administration, University of Piraeus - Department of Business Administration and Unversity of Piraeus-Department of Business Administration
Downloads 28 (781,323)

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R&D capitalization; raw financial data; financial ratios; machine learning

5.

Asymmetric Cost Behaviour: Theory, Meta-Analysis, and Implications

Forthcoming, Journal of International Accounting, Auditing and Taxation
Posted: 25 Jan 2023
Vasilios-Christos Naoum, Dimitrios Ntounis, Georgios A. Papanastasopoulos and Orestes Vlismas
University of Piraeus, Athens University of Economics and Business - Department of Accounting and Finance, University of Piraeus - Department of Business Administration and Athens University of Economics and Business - Department of Accounting and Finance

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6.

Asset Growth and Stock Returns in European Equity Markets: Implications of Investment and Accounting Distortions

Journal of Corporate Finance, April 2022, Vol. 73
Posted: 09 May 2022
Panagiotis Artikis, Lydia Diamantopoulou, Georgios A. Papanastasopoulos and John Sorros
University of Piraeus, University of Piraeus, University of Piraeus - Department of Business Administration and University of Piraeus - Department of Business Administration

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asset growth, stock returns, investment, accounting distortions

7.

Asymmetries in the Persistence and Pricing of Cash Flows: Evidence from the United Kingdom

Journal of Economic Asymmetries, 2019, Vol.19
Posted: 09 May 2022
Panagiotis Artikis and Georgios A. Papanastasopoulos
University of Piraeus and University of Piraeus - Department of Business Administration

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cash flows, profitability, earnings fixation

8.

Percent Accruals and the Accrual Anomaly: Evidence from the UK

Accounting Forum, 2020, Vol.44, pp. 287-310.
Posted: 09 May 2022
Georgios A. Papanastasopoulos
University of Piraeus - Department of Business Administration

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percent accruals, earnings, stock returns, earnings fixation, limits to arbitrage

9.

Bloated Balance Sheets and Stock Returns: Asymmetries between Profit and Loss Firms

Economics and Business Letters, 2019, Vol.8, pp.50-58
Posted: 09 May 2022
Georgios A. Papanastasopoulos
University of Piraeus - Department of Business Administration

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net operating assets, stock returns, profits, losses, Europe

10.

The Implications of Cash Flows for Future Earnings and Stock Returns Within Profit and Loss Firms

International Journal of Finance and Economics, 2021, Vol.26, pp.2927-2945
Posted: 09 May 2022
Vasilios-Christos Naoum and Georgios A. Papanastasopoulos
University of Piraeus and University of Piraeus - Department of Business Administration

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earnings, cash flows, persistence, valuation, U.K.

11.

New Insights on the Asset Growth Anomaly: Evidence from Europe

European Journal of Finance, 2022, vol.28, pp. 1867-1891
Posted: 09 May 2022 Last Revised: 27 Apr 2023
Panagiotis Artikis, Lydia Diamantopoulou and Georgios A. Papanastasopoulos
University of Piraeus, University of Piraeus and University of Piraeus - Department of Business Administration

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asset growth, stock returns, risk, mispricing

12.

Exploring the Asymmetric Cost Behavior in the Context of European Non-Listed Firms

Applied Economics, Forthcoming
Posted: 09 Mar 2021 Last Revised: 27 Apr 2023
Vasilios-Christos Naoum, Georgios A. Papanastasopoulos, Panagiotis Selekos and Orestes Vlismas
University of Piraeus, University of Piraeus - Department of Business Administration, affiliation not provided to SSRN and Athens University of Economics and Business - Department of Accounting and Finance

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Asymmetric Cost Behavior, European Non-listed Firms

13.

Asset Growth Anomaly in Europe: Do Profits and Losses Matter?

Economics Letters, vol. 156, pp. 106-109, 2017
Posted: 02 May 2017 Last Revised: 10 Mar 2021
Georgios A. Papanastasopoulos
University of Piraeus - Department of Business Administration

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Asset growth, Stock returns, Profits, Losses, Europe

14.

Asset Growth and the Cross Section of Stock Returns: Evidence from Greek Listed Firms

Management Decision, Vol. 55, pp. 826 – 841, 2017
Posted: 05 Apr 2017 Last Revised: 29 May 2017
Georgios Constantinou, Angeliki Karali and Georgios A. Papanastasopoulos
Athens University of Economics and Business - Department of Business Administration, Athens University of Economics and Business - Department of Business Administration and University of Piraeus - Department of Business Administration

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asset growth, stock returns, Greek stock market

15.

Managerial Discretion, Net Operating Assets and the Cross-Section of Stock Returns: Evidence from European Countries

Journal of International Financial Markets, Institutions and Money, Vol.47, pp. 188-210, 2017
Posted: 01 Dec 2016 Last Revised: 04 Apr 2017
Georgios A. Papanastasopoulos and Dimitrios D. Thomakos
University of Piraeus - Department of Business Administration and University of Athens, Department of Business Administration

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Net Operating Assets, Stock Returns, Managerial Discretion, European Equity Markets

16.

Accrual Anomaly and Corporate Financing Activities

Finance Research Letters, Vol. 20, pp. 125-129, 2017
Posted: 19 Sep 2016 Last Revised: 04 Apr 2017
Georgios A. Papanastasopoulos
University of Piraeus - Department of Business Administration

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accruals, profitability, returns, mispricing, risk

17.

The Accrual Anomaly in the Greek Stock Market

Investment Management and Financial Innovations, Vol. 13, pp. 322-333, 2016.
Posted: 10 Aug 2016
Georgios A. Papanastasopoulos, Dimitrios D. Thomakos and Andreas Tsalas
University of Piraeus - Department of Business Administration, University of Athens, Department of Business Administration and University of Peloponnese

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accrual anomaly, Greek stock market

18.

Implications of the Cash Component of Earnings for Earnings Persistence and Stock Returns

The British Accounting Review, Vol. 48, pp. 117-133, 2016
Posted: 27 Feb 2016 Last Revised: 04 Apr 2017
Panagiotis Artikis and Georgios A. Papanastasopoulos
University of Piraeus and University of Piraeus - Department of Business Administration

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Earnings, Cash flows, Profitability, Stock Returns, U.K.

19.

The Accrual Anomaly in Europe: The Role of Accounting Distortions

International Review of Financial Analysis, vol. 41, pp. 176-185, 2015
Posted: 24 Jun 2015 Last Revised: 20 Jul 2015
Georgios A. Papanastasopoulos and Emmanuel D. Tsiritakis
University of Piraeus - Department of Business Administration and University of Piraeus

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accounting accruals, accounting distortions, accrual anomaly, international stock markets, trust

20.

Accruals, Growth, Accounting Distortions and Stock Returns: The Case of FRS3 in the UK

North American Journal of Economics and Finance, Vol. 33, pp. 39–54, 2015
Posted: 13 Mar 2015 Last Revised: 24 Jun 2015
Georgios A. Papanastasopoulos
University of Piraeus - Department of Business Administration

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accrual anomaly, growth, accounting distortions, FRS3

21.

The Accrual Anomaly in the U.K. Stock Market: Implications of Growth and Accounting Distortions

Journal of International Financial Markets, Institutions and Money, Vol. 32, pp. 256–277, 2014
Posted: 03 Jul 2014 Last Revised: 29 Nov 2016
Leonidas C. Doukakis and Georgios A. Papanastasopoulos
Athens University of Economics and Business and University of Piraeus - Department of Business Administration

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accruals, growth, accounting distortions, profitability, stock returns

22.

Accounting Accruals and Stock Returns: Evidence from European Equity Markets

European Accounting Review, Vol. 23, pp. 729-768, 2014
Posted: 26 Dec 2013 Last Revised: 18 Nov 2014
Georgios A. Papanastasopoulos
University of Piraeus - Department of Business Administration

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traditional accruals, percent accruals, stock returns, international accounting

23.

Corporate Financing Activities, Fundamentals to Price Ratios And the Cross Section of Stock Returns

Journal of Economic Studies, Vol. 40, pp. 493 - 514, 2013
Posted: 12 Jun 2013 Last Revised: 18 Nov 2014
Georgios A. Papanastasopoulos, Dimitrios D. Thomakos and Tao Wang
University of Piraeus - Department of Business Administration, University of Athens, Department of Business Administration and City University of New York (CUNY) - Department of Economics

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free cash flow yield, external financing activities, stock returns

24.

Accruals and the Performance of Stock Returns Following External Financing Activities

The British Accounting Review, Vol. 43, pp. 214-229, 2011
Posted: 26 Aug 2008 Last Revised: 06 Aug 2011
Georgios A. Papanastasopoulos, Dimitrios D. Thomakos and Tao Wang
University of Piraeus - Department of Business Administration, University of Athens, Department of Business Administration and City University of New York (CUNY) - Department of Economics

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External financing activities, accruals, stock returns

25.

External Financing, Growth and Stock Returns

European Financial Management, vol. 18, pp. 790-815, 2012
Posted: 17 Jul 2008 Last Revised: 31 May 2017
Gikas A. Hardouvelis, Georgios A. Papanastasopoulos, Dimitrios D. Thomakos and Tao Wang
University of Piraeus, University of Piraeus - Department of Business Administration, University of Athens, Department of Business Administration and City University of New York (CUNY) - Department of Economics

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Corporate financing activities, value/growth, earnings quality, stock returns

26.

Extending the Merton Model: A Hybrid Approach to Assessing Credit Quality

Mathematical and Computer Modeling, Vol. 46, pp. 47-68, 2007
Posted: 19 Oct 2007 Last Revised: 22 Jun 2010
Alexander Benos and Georgios A. Papanastasopoulos
University of Piraeus - Department of Banking and Financial Management and University of Piraeus - Department of Business Administration

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Credit quality, Distance to default, Financial ratios, Accounting variables

27.

Information in Balance Sheets for Future Stock Returns: Evidence from Net Operating Assets

International Review of Financial Analysis, Vol. 20, pp. 269-282, 2011
Posted: 15 Oct 2006 Last Revised: 18 Jul 2011
Georgios A. Papanastasopoulos, Dimitrios D. Thomakos and Tao Wang
University of Piraeus - Department of Business Administration, University of Athens, Department of Business Administration and City University of New York (CUNY) - Department of Economics

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Net operating assets (NOA), stock returns, opportunistic earnings management, overinvestment.

28.

Using Option Theory and Fundamentals to Assessing Default Risk of Listed Firms

International Journal of Accounting, Auditing and Performance Evaluation, Vol. 4, pp. 305-331, 2007
Posted: 27 Apr 2006 Last Revised: 22 Jun 2010
Georgios A. Papanastasopoulos
University of Piraeus - Department of Business Administration

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option theory, fundamentals, default risk

29.

The Implications of Retained and Distributed Earnings for Future Profitability and Stock Returns

Review of Accounting and Finance, Vol. 9, pp. 395-423, 2010
Posted: 16 Feb 2006 Last Revised: 16 Nov 2010
Georgios A. Papanastasopoulos, Dimitrios D. Thomakos and Tao Wang
University of Piraeus - Department of Business Administration, University of Athens, Department of Business Administration and City University of New York (CUNY) - Department of Economics

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retained earnings, distributed earnings, accruals, cash flows, profitability, stock returns