Professor Evangelos Vagenas-Nanos

  • Professor of Finance (Accounting & Finance)

email: Evangelos.Vagenas-Nanos@glasgow.ac.uk

Adam Smith Building, 2 Discovery Place, Glasgow, G11 6EY

Import to contacts

ORCID iDhttps://orcid.org/0000-0002-2159-2186

Biography

Evangelos joined the Adam Smith Business School in 2010 as a lecturer in Finance. Previously, he was a teaching assistant in Finance at Durham Business School. Evangelos gained a BA in Economics from Aristotle University (Greece) while at Durham University he obtained an MSc in Finance and Investment as well as a PhD in Finance (2011). He also holds the Postgraduate Certificate (PGCert) in Teaching and Learning in higher Education qualification. His main research areas of interest lie in Corporate Finance, especially within the sub-field of Mergers and Acquisitions and Capital Structure as well as Behavioural Finance. Investigating these fields, Evangelos’ PhD thesis focuses on the impact of managerial and investor sentiment on bidders’ abnormal returns. Evangelos is also involved in the supervision of undergraduate, postgraduate and PhD students.

Research interests

Evangelos is a member of the Finance research cluster.

Areas of expertise:

  • Corporate Finance 
  • Mergers and Acquisitions 
  • Behavioural Finance 
  • Capital Markets

Publications

List by: Type | Date

Jump to: 2025 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2010
Number of items: 15.

2025

Movaghari, Hadi ORCID logoORCID: https://orcid.org/0000-0001-6648-187X, Tsoukas, Serafeim ORCID logoORCID: https://orcid.org/0000-0002-6911-639X and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2025) Corporate cash policy and double machine learning. International Journal of Finance and Economics, 30(3), pp. 3261-3279. (doi: 10.1002/ijfe.3039)

2022

Chaudhry, Amna Noor, Kontonikas, Alexandros and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2022) Social networks and the informational role of financial advisory firms centrality in mergers and acquisitions. British Journal of Management, 33(2), pp. 958-979. (doi: 10.1111/1467-8551.12477)

2021

Dutordoir, Marie, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186, Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 and Wu, Betty ORCID logoORCID: https://orcid.org/0000-0002-5153-4964 (2021) A rundown of merger target run-ups. Financial Management, 50(2), pp. 487-518. (doi: 10.1111/fima.12331)

Aleksanyan, Mark ORCID logoORCID: https://orcid.org/0000-0001-7826-1452, Hao, Zhiwei, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 and Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 (2021) Do state visits affect cross-border mergers and acquisitions? Journal of Corporate Finance, 66, 101800. (doi: 10.1016/j.jcorpfin.2020.101800)

2020

Guidi, Marco ORCID logoORCID: https://orcid.org/0000-0001-8764-245X, Sogiakas, Vasilios, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 and Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 (2020) Spreading the sin: an empirical assessment from corporate takeovers. International Review of Financial Analysis, 71, 101535. (doi: 10.1016/j.irfa.2020.101535)

Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2020) The benefits of overvaluation: evidence from mergers and acquisitions. Financial Management, 49(1), pp. 91-133. (doi: 10.1111/fima.12247)

2019

Guo, Jie (Michael), Li, Xi, Cisternas Seeger, Nicolas and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2019) Social connections, reference point and acquisition premium. British Accounting Review, 51(1), pp. 46-71. (doi: 10.1016/j.bar.2018.07.001)

2017

Andrikopoulos, Panagiotis and Vagenas-Nanos, Evaggelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2017) Special issue of the Review of Behavioral Finance guest editors’ introduction. Review of Behavioral Finance, 9(2), pp. 102-104. (doi: 10.1108/rbf-05-2017-0043)

Siganos, Antonios ORCID logoORCID: https://orcid.org/0000-0002-8792-9263, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 and Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 (2017) Divergence of sentiment and stock market trading. Journal of Banking and Finance, 78, pp. 130-141. (doi: 10.1016/j.jbankfin.2017.02.005)

Black, Emma L., Guo, Jie, Hu, Nan ORCID logoORCID: https://orcid.org/0000-0003-3692-3029 and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2017) Uncertainty triggers overreaction: evidence from corporate takeovers. European Journal of Finance, 23(14), pp. 1362-1389. (doi: 10.1080/1351847X.2016.1202296)

2016

Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2016) Mergers and acquisitions in frontier markets: a comparative analysis. In: Andrikopoulos, Panagiotis, Gregoriou, Greg N. and Kallinterakis, Vasileios (eds.) Handbook of Frontier Markets: Evidence from Middle East, North Africa and International Comparative Studies. Elsevier, pp. 341-357. ISBN 9780128092002

2015

Danbolt, Jo, Siganos, Antonios ORCID logoORCID: https://orcid.org/0000-0002-8792-9263 and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2015) Investor sentiment and bidder announcement abnormal returns. Journal of Corporate Finance, 33, pp. 164-179. (doi: 10.1016/j.jcorpfin.2015.06.003)

2014

Siganos, Antonios ORCID logoORCID: https://orcid.org/0000-0002-8792-9263, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 and Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 (2014) Facebook's daily sentiment and international stock markets. Journal of Economic Behavior and Organization, 107(B), pp. 730-743. (doi: 10.1016/j.jebo.2014.06.004)

Abu Bakar, Azizah, Siganos, Antonios ORCID logoORCID: https://orcid.org/0000-0002-8792-9263 and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2014) Does mood explain the Monday effect? Journal of Forecasting, 33(6), pp. 409-418. (doi: 10.1002/for.2305)

2010

Croci, E., Petmezas, D. and Vagenas-Nanos, E. ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2010) Managerial overconfidence in high and low valuation markets and gains to acquisitions. International Review of Financial Analysis, 19(5), pp. 368-378. (doi: 10.1016/j.irfa.2010.06.003)

This list was generated on Thu Jul 3 00:37:28 2025 BST.
Jump to: Articles | Book Sections
Number of items: 15.

Articles

Movaghari, Hadi ORCID logoORCID: https://orcid.org/0000-0001-6648-187X, Tsoukas, Serafeim ORCID logoORCID: https://orcid.org/0000-0002-6911-639X and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2025) Corporate cash policy and double machine learning. International Journal of Finance and Economics, 30(3), pp. 3261-3279. (doi: 10.1002/ijfe.3039)

Chaudhry, Amna Noor, Kontonikas, Alexandros and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2022) Social networks and the informational role of financial advisory firms centrality in mergers and acquisitions. British Journal of Management, 33(2), pp. 958-979. (doi: 10.1111/1467-8551.12477)

Dutordoir, Marie, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186, Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 and Wu, Betty ORCID logoORCID: https://orcid.org/0000-0002-5153-4964 (2021) A rundown of merger target run-ups. Financial Management, 50(2), pp. 487-518. (doi: 10.1111/fima.12331)

Aleksanyan, Mark ORCID logoORCID: https://orcid.org/0000-0001-7826-1452, Hao, Zhiwei, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 and Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 (2021) Do state visits affect cross-border mergers and acquisitions? Journal of Corporate Finance, 66, 101800. (doi: 10.1016/j.jcorpfin.2020.101800)

Guidi, Marco ORCID logoORCID: https://orcid.org/0000-0001-8764-245X, Sogiakas, Vasilios, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 and Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 (2020) Spreading the sin: an empirical assessment from corporate takeovers. International Review of Financial Analysis, 71, 101535. (doi: 10.1016/j.irfa.2020.101535)

Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2020) The benefits of overvaluation: evidence from mergers and acquisitions. Financial Management, 49(1), pp. 91-133. (doi: 10.1111/fima.12247)

Guo, Jie (Michael), Li, Xi, Cisternas Seeger, Nicolas and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2019) Social connections, reference point and acquisition premium. British Accounting Review, 51(1), pp. 46-71. (doi: 10.1016/j.bar.2018.07.001)

Andrikopoulos, Panagiotis and Vagenas-Nanos, Evaggelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2017) Special issue of the Review of Behavioral Finance guest editors’ introduction. Review of Behavioral Finance, 9(2), pp. 102-104. (doi: 10.1108/rbf-05-2017-0043)

Siganos, Antonios ORCID logoORCID: https://orcid.org/0000-0002-8792-9263, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 and Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 (2017) Divergence of sentiment and stock market trading. Journal of Banking and Finance, 78, pp. 130-141. (doi: 10.1016/j.jbankfin.2017.02.005)

Black, Emma L., Guo, Jie, Hu, Nan ORCID logoORCID: https://orcid.org/0000-0003-3692-3029 and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2017) Uncertainty triggers overreaction: evidence from corporate takeovers. European Journal of Finance, 23(14), pp. 1362-1389. (doi: 10.1080/1351847X.2016.1202296)

Danbolt, Jo, Siganos, Antonios ORCID logoORCID: https://orcid.org/0000-0002-8792-9263 and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2015) Investor sentiment and bidder announcement abnormal returns. Journal of Corporate Finance, 33, pp. 164-179. (doi: 10.1016/j.jcorpfin.2015.06.003)

Siganos, Antonios ORCID logoORCID: https://orcid.org/0000-0002-8792-9263, Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 and Verwijmeren, Patrick ORCID logoORCID: https://orcid.org/0000-0002-1437-0665 (2014) Facebook's daily sentiment and international stock markets. Journal of Economic Behavior and Organization, 107(B), pp. 730-743. (doi: 10.1016/j.jebo.2014.06.004)

Abu Bakar, Azizah, Siganos, Antonios ORCID logoORCID: https://orcid.org/0000-0002-8792-9263 and Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2014) Does mood explain the Monday effect? Journal of Forecasting, 33(6), pp. 409-418. (doi: 10.1002/for.2305)

Croci, E., Petmezas, D. and Vagenas-Nanos, E. ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2010) Managerial overconfidence in high and low valuation markets and gains to acquisitions. International Review of Financial Analysis, 19(5), pp. 368-378. (doi: 10.1016/j.irfa.2010.06.003)

Book Sections

Vagenas-Nanos, Evangelos ORCID logoORCID: https://orcid.org/0000-0002-2159-2186 (2016) Mergers and acquisitions in frontier markets: a comparative analysis. In: Andrikopoulos, Panagiotis, Gregoriou, Greg N. and Kallinterakis, Vasileios (eds.) Handbook of Frontier Markets: Evidence from Middle East, North Africa and International Comparative Studies. Elsevier, pp. 341-357. ISBN 9780128092002

This list was generated on Thu Jul 3 00:37:28 2025 BST.

Grants

Carnegie Trust Research Grant (2013) – Small Research Grant (£810) for research collaboration Award £810K.

Supervision

Current PhD students

Teaching

Courses taught

Postgraduate:

  • Mergers and Acquisitions (MSc)
  • Behavioural Finance (MSc)
  • Corporate Finance (LLM)

Undergraduate:

  • Research Thinking Thinking Research 

Previously taught

Postgraduate:

  • Finance and Accounting for Managers (MBA)
  • Investment Strategies (MSc)
  • Business Statistics (MSc)

Undergraduate:

  • Quantitative Methods for Finance

Additional information

Conferences

Does Investor Sentiment Influence Bidder Announcement Abnormal Returns?

1.  European Financial Management Association (EFMA), Rome, Italy, 2014

2.  World Finance Conference (WFC), Venice, Italy, 2014 

3.  Financial Management Association (FMA), Nashville, Tennessee, USA, 2014

‘Do Stock Acquirers Benefit by Exploiting Their Overvalued Equity?’

4.  Midwest Finance Association (MFA), Orlando, Florida, USA, 2014

5.  European Financial Management Association (EFMA), Barcelona, Spain, 2012 

6.  World Finance Conference, Rio de Janeiro, Brazil, 2012

‘Divergence of Sentiment and the Impact on the Stock Markets: Worldwide Evidence’

7.  International Symposium on Forecasting (ISF), Rotterdam, Netherlands, 2014

8.  World Finance Conference (WFC), Limmasol, Cyprus, 2013

9.  British Accounting and Finance Association (BAFA), Glasgow, UK, 2013

‘The dragon vs. The eagle: A case of mergers’

10.  European Financial Management Symposium, Asian Financial Management, Beijing, China, 2011

‘Uncertainty triggers sentiment: Evidence from corporate takeovers’

11.  European Financial Management Association (EFMA), Braga, Portugal, 2011

12.  World Finance Conference (WFC), Rhodes, Greece, 2011

‘Managerial Overconfidence in High and Low Valuation Markets and Gains to Acquisitions’

13.  Financial Management Association (FMA) European Conference, Turin, Italy, 2009

14.  European Financial Management Association (EFMA), Milan, Italy, 2009

Refereeing (academic journals)

  • Journal of International Business Studies
  • Journal of Islamic Accounting and Business Research
  • European Journal of Finance
  • Journal of Strategy and Management

Dr Evangelos Vagenas-Nanos, Senior Lecturer in Accounting and Finance (Accounting & Finance)