Dr Sigitas Karpavicius
|Org Unit||Accounting and Finance|
|Telephone||+61 8 8313 8007|
Nexus 10 Tower
Dr. Sigitas Karpavicius is a senior lecturer of finance at the Adelaide Business School, which he joined in 2015. Dr. Karpavicius received his PhD from the University of New South Wales in 2011. Prior to his PhD studies, he obtained MA degree in Economics and Management Science from Humboldt University in Berlin and did research at the Economics Department of the Bank of Lithuania.
BEc, MA, PhD (UNSW).
Dr. Karpavicius’ research interests are in the area of theoretical and empirical corporate finance. They include, but are not limited to, capital structure and security issues, payout policy, executive compensation, and general/partial equilibrium modelling. His research has been published in various international journals, including the Journal of Corporate Finance and Journal of Banking and Finance.
1. Humphery-Jenner, M., Karpavicius, S., and Suchard, J.-A. (2018). Underwriter relationships and shelf offerings. Journal of Corporate Finance 49: 283-307.
2. Karpavicius, S., and Yu, F. (2018). Dividend premium: Are dividend-paying stocks worth more? International Review of Financial Analysis 56: 112-126.
3. Karpavicius, S., and Suchard, J.-A. (2018). Institutional ownership and the choice of equity issue method. International Review of Financial Analysis 56: 73-84.
4. Karpavicius, S., and Yu, F. (2018). The impact of dividend-protected CEO equity incentives on firm value and risk. Economic Modelling 71: 16-24.
5. Canil, J., and Karpavicius, S. (2017). Are employee stock option proceeds a source of finance for investment? Journal of Corporate Finance, forthcoming.
6. Karpavicius, S., and Yu, F. (2017). The impact of interest rates on firms' financing policies. Journal of Corporate Finance 45: 262–293.
7. Karpavicius, S., and Yu, F. (2017). How institutional monitoring creates value: Evidence for the free cash flow hypothesis. International Review of Economics and Finance 52: 127–146.
8. Brown, A., and Karpavicius, S. (2017). The reaction of the Australian stock market to monetary policy announcements from the Reserve Bank of Australia. Economic Record 93: 20–41.
9. Karpavicius, S., and Yu, F. (2016). Should interest expenses be tax deductible? Economic Modelling 54: 100–116.
10. Karpavicius, S. (2014). The cost of capital and optimal financing policy in the dynamic setting. Journal of Banking and Finance 48: 42–56.
11. Karpavicius, S. (2014). Dividends: Relevance, rigidity, and signaling. Journal of Corporate Finance 25: 289–312.
- Figure 4 of "The impact of interest rates on firms' financing policies" paper (JCF, 2017). - Figure_4.pdf [25.8K] (application/pdf)
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Entry last updated: Friday, 4 May 2018
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