Dr Mark Aleksanyan

  • Senior Lecturer (Accounting & Finance)

telephone: 01413303061
email: Mark.Aleksanyan@glasgow.ac.uk

R467 Level 4, Gilbert Scott Building, Glasgow, G12 8qq

ORCID iDhttps://orcid.org/0000-0001-7826-1452

Biography

Mark joined the University of Glasgow in September 2004, having previously worked as a lecturer in Leeds Metropolitan University Business School. He obtained his first degree in Mathematical Economics in 1997 from Yerevan State Institute of Economy. He obtained his postgraduate masters degree MPhil in International Finance in 2000, and received PhD in Accounting and Finance in 2004, both from the University of Glasgow. Throughout 1996-1999, prior to his academic career, he worked in Armenia, where he held various positions in a financial services firm, the Ministry of Finance and Economy and then the Government of Armenia. His main research interests concern the decision-making behaviour and practice of financial analysts and other financial market participants.

Research interests

Mark is a member of the Accounting research cluster.

Areas of expertise:

  • Information processing and decision-making
  • Financial analysts
  • Equity valuation models
  • Empirical accounting
  • Financial disclosures

Publications

List by: Type | Date

Jump to: 2022 | 2021 | 2019 | 2018 | 2015 | 2014 | 2013 | 2009 | 2006
Number of items: 10.

2022

Aleksanyan, M. , Danbolt, J., Siganos, A. and Wu, B. (H.T.) (2022) I only fear when I hear: how media affects insider trading in takeover targets. Journal of Empirical Finance, 67, pp. 318-342. (doi: 10.1016/j.jempfin.2022.04.004)

2021

Aleksanyan, M. , Hao, Z., Vagenas-Nanos, E. and Verwijmeren, P. (2021) Do state visits affect cross-border mergers and acquisitions? Journal of Corporate Finance, 66, 101800. (doi: 10.1016/j.jcorpfin.2020.101800)

2019

Spence, C., Aleksanyan, M. , Millo, Y., Imam, S. and Abhayawansa, S. (2019) Earning the 'write to speak': sell-side analysts and their struggle to be heard. Contemporary Accounting Research, 36(4), pp. 2635-2662. (doi: 10.1111/1911-3846.12496)

2018

Abhayawansa, S., Aleksanyan, M. and Cuganesan, S. (2018) Conceptualisation of intellectual capital in analysts’ narratives: a performative view. Accounting, Auditing and Accountability Journal, 31(3), pp. 950-969. (doi: 10.1108/AAAJ-03-2017-2873)

2015

Abhayawansa, S., Aleksanyan, M. and Bahtsevangolou, J. (2015) The use of intellectual capital information by sell-side analysts in company valuation. Accounting and Business Research, 45(3), pp. 279-306. (doi: 10.1080/00014788.2014.1002445)

Aleksanyan, M. and Danbolt, J. (2015) Segment reporting: is IFRS 8 really better? Accounting in Europe, 12(1), pp. 37-60. (doi: 10.1080/17449480.2015.1027239)

2014

Rutledge, R. W., Karim, K. E., Aleksanyan, M. and Wu, C. (2014) An examination of the relationship between corporate social responsibility and financial performance: the case of Chinese state-owned enterprises. In: Freedman, M. and Jaggi, B. (eds.) Accounting for the Environment: More Talk and Little Progress. Series: Advances in Environmental Accounting and Management (5). Emerald Group Publishing Ltd., pp. 1-22. ISBN 9781781903032

2013

Aleksanyan, M. and Karim, K. (2013) Searching for value relevance of book value and earnings: a case of premium vs. discount firms. Review of Quantitative Finance and Accounting, 41(3), pp. 489-511. (doi: 10.1007/s11156-012-0318-8)

2009

Aleksanyan, M. (2009) Does the information environment affect the value relevance of financial statement data? Applied Economics Letters, 16(8), pp. 835-839. (doi: 10.1080/13504850701221972)

2006

Aleksanyan, M. (2006) Value relevance of book value, retained earnings and dividends: premium vs discount firms. Journal of Accounting and Finance, 5, pp. 27-49.

This list was generated on Mon Jun 27 05:19:02 2022 BST.
Jump to: Articles | Book Sections
Number of items: 10.

Articles

Aleksanyan, M. , Danbolt, J., Siganos, A. and Wu, B. (H.T.) (2022) I only fear when I hear: how media affects insider trading in takeover targets. Journal of Empirical Finance, 67, pp. 318-342. (doi: 10.1016/j.jempfin.2022.04.004)

Aleksanyan, M. , Hao, Z., Vagenas-Nanos, E. and Verwijmeren, P. (2021) Do state visits affect cross-border mergers and acquisitions? Journal of Corporate Finance, 66, 101800. (doi: 10.1016/j.jcorpfin.2020.101800)

Spence, C., Aleksanyan, M. , Millo, Y., Imam, S. and Abhayawansa, S. (2019) Earning the 'write to speak': sell-side analysts and their struggle to be heard. Contemporary Accounting Research, 36(4), pp. 2635-2662. (doi: 10.1111/1911-3846.12496)

Abhayawansa, S., Aleksanyan, M. and Cuganesan, S. (2018) Conceptualisation of intellectual capital in analysts’ narratives: a performative view. Accounting, Auditing and Accountability Journal, 31(3), pp. 950-969. (doi: 10.1108/AAAJ-03-2017-2873)

Abhayawansa, S., Aleksanyan, M. and Bahtsevangolou, J. (2015) The use of intellectual capital information by sell-side analysts in company valuation. Accounting and Business Research, 45(3), pp. 279-306. (doi: 10.1080/00014788.2014.1002445)

Aleksanyan, M. and Danbolt, J. (2015) Segment reporting: is IFRS 8 really better? Accounting in Europe, 12(1), pp. 37-60. (doi: 10.1080/17449480.2015.1027239)

Aleksanyan, M. and Karim, K. (2013) Searching for value relevance of book value and earnings: a case of premium vs. discount firms. Review of Quantitative Finance and Accounting, 41(3), pp. 489-511. (doi: 10.1007/s11156-012-0318-8)

Aleksanyan, M. (2009) Does the information environment affect the value relevance of financial statement data? Applied Economics Letters, 16(8), pp. 835-839. (doi: 10.1080/13504850701221972)

Aleksanyan, M. (2006) Value relevance of book value, retained earnings and dividends: premium vs discount firms. Journal of Accounting and Finance, 5, pp. 27-49.

Book Sections

Rutledge, R. W., Karim, K. E., Aleksanyan, M. and Wu, C. (2014) An examination of the relationship between corporate social responsibility and financial performance: the case of Chinese state-owned enterprises. In: Freedman, M. and Jaggi, B. (eds.) Accounting for the Environment: More Talk and Little Progress. Series: Advances in Environmental Accounting and Management (5). Emerald Group Publishing Ltd., pp. 1-22. ISBN 9781781903032

This list was generated on Mon Jun 27 05:19:02 2022 BST.

Grants

2019. ICAS (lead applicant, with S.Abhayawansa, K.Lee and I.Tsalavoutas): £17,200

2018. Foreign and Commonwealth Office Programme. £82,973

2017. Cusator Wards Endowment of the Adam Smith Business School at the University of Glasgow. £2,517

2015. Cusator Wards Endowment of the Adam Smith Business School at the University of Glasgow. £3,000

2010. Adam Smith Research Foundation Seedcorn Fund. £1,000

Supervision

Mark is interested in supervising projects examining:

  • information processing and decision-making by professional investors and financial analysts (using qualitative or quantitative research methods),
  • impact of technology and regulations on practice of capital market actors and financial information intermediaries (using qualitative or quantitative research methods),
  • corporate reporting and value relevance.

Current doctoral supervision

  • Adedokun, Adebisi
    Financial Inclusion and Blockchan - A Case for USA.
  • Aloumi, Dalal
    The Underwriter Networks and the Pricing of Initial Public Offerings in Kuwait
  • Chen, Li-Yu
    Cost Behaviour: Evidence from Family and Non-Family Firms
  • Li, Yaohua
    Analysts’ herding behavior:A new test using textual analysis
  • Seretis, Evangelos
    Analysts’ perception of information in the Solvency an Financial Condition Reports by Insurance firms in the European Union

Teaching

Courses taught

  • International Financial Analysis (MBA)
  • Financial Analysis & Equity Valuation (MSc)
  • Financial Statement Analysis & Valuation (BSc Honours)
  • PhD masterclass (selected topics)

Previously taught

  • International Corporate Finance (MSc)
  • International Capital Markets (MSc)

 

Additional information

Working papers

  • The conduct of sell-side analyst stock recommendations: A strong structuration analysis (with Kenneth Lee, Melina Manochin and Elaine Harris)
  • Do State Visits Affect Cross-Border Mergers and Acquisitions? (with Zhiwei Hao, Evangelos Vagenas-Nanos and Patrick Verwijmeren)
  • Inside the black-box of analysts' bounded rationality: a study of contexts that matter (with Subhash Abhayawansa)
  • Fear and media coverage: The case of insider trading in takeover targets (with Betty Wu, Jo Danbolt, and Antonios Siganos)
  • Analysts’ bias: optimism or obfuscation (with Nana Oiza Akubelem)

Research in progress

  • Integrated reporting and accounting information quality (with Subhash Abhayawansa)

Refereeing (academic journals)

  • Accounting, Auditing and Accountability Journal 
  • Accounting and Business Research
  • Advances in Accounting Behavioral Research (on Editorial Board)
  • European Management Journal
  • Journal of Intellectual Capital
  • Qualitative Research in Financial Markets (Associate Editor)
  • Review of Business and Economics Studies (on Editorial Board)

Profile photo of Dr Mark Aleksanyan, Senior Lecturer (Accounting & Finance)