Dr Ufuk Gucbilmez

  • Senior Lecturer in Finance (Accounting & Finance)

telephone: 01413305535
email: Ufuk.Gucbilmez@glasgow.ac.uk

Adam Smith Business School, Room 670, Main Building, University Avenue, Glasgow, G12 8QQ

Biography

Ufuk joined the Adam Smith Business School as Senior Lecturer in Finance in February 2020. He previously held posts at the University of Bath School of Management and University of Edinburgh Business School. He holds a PhD in Finance from the Lancaster University Management School.

Research interests

Ufuk is a member of the School's Finance research cluster.

Areas of expertise:

  • Corporate finance (initial public offerings, venture capital, mergers and acquisitions, real options)
  • Behavioural finance (disposition effect, reinforcement learning, realisation utility)

Publications

List by: Type | Date

Jump to: 2020 | 2016 | 2015 | 2014 | 2013
Number of items: 6.

2020

Güçbilmez, U. and Briain, T. Ó. (2020) Bidding styles of institutional investors in IPO auctions. Journal of Financial Markets, (doi: 10.1016/j.finmar.2020.100579) (In Press)

2016

Banerjee, S., Gucbilmez, U. and Pawlina, G. (2016) Leaders and followers in hot IPO markets. Journal of Corporate Finance, 37, pp. 309-334. (doi: 10.1016/j.jcorpfin.2016.01.004)

2015

Gucbilmez, U. (2015) IPO waves in China and Hong Kong. International Review of Financial Analysis, 40, pp. 14-26. (doi: 10.1016/j.irfa.2015.05.010)

2014

Banerjee, S., Gucbilmez, U. and Pawlina, G. (2014) Optimal exercise of jointly held real options: a Nash bargaining approach with value diversion. European Journal of Operational Research, 239(2), pp. 565-578. (doi: 10.1016/j.ejor.2014.06.004)

Gucbilmez, U. (2014) Why do some Chinese technology firms avoid ChiNext and go public in the US? International Review of Financial Analysis, 36, pp. 179-194. (doi: 10.1016/j.irfa.2014.02.010)

2013

Banerjee, S., Gucbilmez, U. and Pawlina, G. (2013) IPO waves and hot markets in the UK. In: Levis, M. and Vismara, S. (eds.) Handbook of Research on IPOs. Edward Elgar Publishing Ltd, pp. 76-98. ISBN 9781781955369 (doi:10.4337/9781781955376.00011)

This list was generated on Sun Jul 12 11:43:34 2020 BST.
Number of items: 6.

Articles

Güçbilmez, U. and Briain, T. Ó. (2020) Bidding styles of institutional investors in IPO auctions. Journal of Financial Markets, (doi: 10.1016/j.finmar.2020.100579) (In Press)

Banerjee, S., Gucbilmez, U. and Pawlina, G. (2016) Leaders and followers in hot IPO markets. Journal of Corporate Finance, 37, pp. 309-334. (doi: 10.1016/j.jcorpfin.2016.01.004)

Gucbilmez, U. (2015) IPO waves in China and Hong Kong. International Review of Financial Analysis, 40, pp. 14-26. (doi: 10.1016/j.irfa.2015.05.010)

Banerjee, S., Gucbilmez, U. and Pawlina, G. (2014) Optimal exercise of jointly held real options: a Nash bargaining approach with value diversion. European Journal of Operational Research, 239(2), pp. 565-578. (doi: 10.1016/j.ejor.2014.06.004)

Gucbilmez, U. (2014) Why do some Chinese technology firms avoid ChiNext and go public in the US? International Review of Financial Analysis, 36, pp. 179-194. (doi: 10.1016/j.irfa.2014.02.010)

Book Sections

Banerjee, S., Gucbilmez, U. and Pawlina, G. (2013) IPO waves and hot markets in the UK. In: Levis, M. and Vismara, S. (eds.) Handbook of Research on IPOs. Edward Elgar Publishing Ltd, pp. 76-98. ISBN 9781781955369 (doi:10.4337/9781781955376.00011)

This list was generated on Sun Jul 12 11:43:34 2020 BST.

Supervision

Supervisory interests

Ufuk is looking to supervise PhD theses in the broad areas of corporate finance and behavioural/experimental finance. 

Specific topics of interest

Corporate finance:

  • IPO cycles and hot markets.
  • IPO mechanisms (book-building, auction).
  • IPO underwriting and analyst coverage.

Behavioural/experimental finance:

  • The disposition effect
  • Investor learning models
  • Realisation utility models

Completed PhDs

  • Youyan Fu (with Seth Armitage, defended 2015)
  • Tomás Ó Briain (with Peter Moles, defended 2016)
  • Yang Bai (with Jo Danbolt, defended 2017)
  • Lillian Zhu (with Angelica Gonzalez, defended 2019)

 

Teaching

Ufuk has substantial teaching experience in the areas of corporate finance and investments. He has taught courses for Executive MBAs as well as for postgraduate students and undergraduate students.

Past teaching experience

Executive MBA

  • Understanding financial principles

Postgraduate level

  • Fundamentals of corporate finance (elective for MSc Management suite)
  • Investment theory (core for MSc Finance and Investment)

Undergraduate level

  • Investment banking (honours elective)
  • Investment and trading (honours elective)
  • Investment and securities markets (honours elective)
  • Principles of finance (2nd year)
  • Introduction to corporate finance (2nd year)

Additional information

Ufuk is an external examiner at:

  • Aston Business School
  • University of Plymouth

He has served on the review committees of:

  • Eastern Finance Association Annual Meeting
  • Financial Management Association European Conference
  • INFINITI Conference on International Finance
  • INFINITI Conference on International Finance Asia-Pacific
  • World Finance & Banking Symposium
  • World Finance Conference

Selected media quotes and commentary