CURRICULUM VITAE
Name : Maria PSILLAKI
Nationality : Greek
Marital status : Married
Date of birth : 7th August, 1969
Professional address : University of Piraeus, Deparment of Economics,80, Karaoli & Dimitriou Str.
18534, Piraeus, Greece
18534, Piraeus, Greece
Tel : +302104142299
e-mail : psillaki@unipi.gr
CURRENT POSITION from 2009
Assistant Professor Deparment of Economics, University of Piraeus
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PREVIOUS POSITION up to 2008
Associate Professor in Finance in the Economics Department
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WORKING EXPERIENCE
· At the University of Piraeus
Jan.09- up to now Lectured courses in Banking Economics, microeconomics,
financial economics (undergraduate level) and lectured a part of the MBA’s courses in Financial Accounting, and Management of Financial Resources,University of Piraeus, M. Sc. in Economic and Business Strategy, Department of Economics.
financial economics (undergraduate level) and lectured a part of the MBA’s courses in Financial Accounting, and Management of Financial Resources,
· At the University of Nice-Sophia
Sept.01- up to 2008 Associate Professor in the Economics Department, University of Nice-Sophia Antipolis. Lectured a course in Microeconomics (Basic and Advanced), Economics of Asymmetric Information, and Banking. Lectured also an MBA course in Corporate Finance (in English). From March 2006 tutor in Microeconomics at CANEGE e-learning program.
June 05-July 05 Lectured a course in Corporate Finance (45 hours) for the Nice University Diploma “International Business Management in English” summer program for foreigns students from US and Canada
Jan. 99- June 00 Assistant Professor University of Nice, Department of
Economics in Microeconomics Labor economics and Macroeconomics.
Economics in Microeconomics Labor economics and Macroeconomics.
Nov. 93 - June 98 Teaching assistant at the University of Nice
level) in Macroeconomic and Microeconomic theory.
level) in Macroeconomic and Microeconomic theory.
· At other Universities
Sept. 00- Jan. 01 Visitor Assistant Professor in Finance, Rutgers University , School of Business , New Jersey
Investment and Portfolio Management and two
sections of Corporate Finance.
Investment and Portfolio Management and two
sections of Corporate Finance.
Sept. 98 - Jan. 99 Visiting Assistant Professor University of Cyprus
Department of Public and Business Administration
(undergraduate level) in Corporate Financial Management and
Organizational Behaviour.
Department of Public and Business Administration
(undergraduate level) in Corporate Financial Management and
Organizational Behaviour.
Aug. 97 - Feb. 98 Research Fellow-Birkbeck College (University of London ),
Department of Economics and the Bank ofEngland
by the Centre for Economic Policy Research (CEPR) and the
Economic and Social Research Council (ERSC).
Aggressively analysed and made recommendations on the
contract “Credit derivatives: their implications for supervision
and regulation”, for the CEPR and the Bank of France.
Department of Economics and the Bank of
by the Centre for Economic Policy Research (CEPR) and the
Economic and Social Research Council (ERSC).
Aggressively analysed and made recommendations on the
contract “Credit derivatives: their implications for supervision
and regulation”, for the CEPR and the Bank of France.
Nov. 92 - Nov. 95 Researcher with a scholarship from the French Minister of
Education (Allocataire de recherche DRED).
Education (Allocataire de recherche DRED).
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EDUCATION
1999 Qualified to Supervise Research in Economics (Habilité à
Diriger des Recherches),University of Nice
"Uncertainty, Information and Credit Market", defended in May
1999, and granted unanimously.
Diriger des Recherches),
"Uncertainty, Information and Credit Market", defended in May
1999, and granted unanimously.
1992-1996 Ph.D. in Economics, with Highest Honors, University of Nice
Sophia Antipolis, Ph.D. Thesis title: "A contribution to a
renewal concept of the market: the cases of credit and stocks",
with a scholarship from the French Ministry of Education,
defended in January 1997, put forward for a national thesis
price.
Sophia Antipolis, Ph.D. Thesis title: "A contribution to a
renewal concept of the market: the cases of credit and stocks",
with a scholarship from the French Ministry of Education,
defended in January 1997, put forward for a national thesis
price.
1991-1992 DEA (Master Degree), in Industrial Organisation and
Production Financing, with Highest Honors, University of Nice- Sophia Antipolis.
Production Financing, with Highest Honors, University of Nice- Sophia Antipolis.
1987-1991 Maîtrise (Bachelor), in Economics, with Honors, University of
Nice Sophia Antipolis.
Nice Sophia Antipolis.
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MAIN RESEARCH INTERESTS
-Microeconomics applied to Financial Economics and Banking Economics.
-Economics of Asymmetric Information.
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RESEARCH ACTIVITIES AND PUBLICATIONS WITH REFEREES
1.“Evaluation of credit risk based on firm performance” (with I. Tsolas and D. Margaritis), European Journal of Operational Research, vol. 201, issue 3. pp. 873–881, 2010.
2.“Capital structure, equity ownership and firm performance” (with D. Margaritis) Top 25 Hottest articles” in the area of economics, finance and econometrics (http://top25.sciencedirect.com/subject/economics-econometrics-and finance/10/archive/27), Journal of Banking and Finance, vol.34, pp. 621–632, 2010.
3."Are the Determinants of Capital Structure Country or Firm Specific? Evidence from SMEs" (with N. Daskalakis), listed on SSRN's Top Ten download list for Corporate Governance:International/Non-US) http://papers.ssrn.com/sol3/topten/topTenResults.cfm?groupingId=1346658&netorjrnl=jrnl Small Business Economics, vol.33, n. 3, pp. 319-329, 2009.
4. “A study on the impact of the development of e-learning based on four European Universities” (with T. Garrot and S. Rochhia ), issue 155, Reseaux, 2009.
5."Do country or firm factors explain capital structure? Evidence from SMEs in France and Greece " (with N. Daskalakis ) Applied Financial Economics, vol. 18, Issue 2, pp. 87-97, January, 2008.
6.“Long-Run Interdependence and Dynamic Linkages in International Stock Markets: Evidence from France Germany and the U.S” (with D. Margaritis), Journal of Money Investment and Banking, issue 4, pp. 59-73, 2008.
7.“Describing E-learning Development in European Higher Education Institutions Using a Balanced Scorecard”, (with T. Garrot and S. Rochhia ), RUSC (Revista de Universidad y Sociedad del Conocimiento), vol. 5, n°1, pp. 57-70, 2008.
8. "Capital Structure and firm efficiency" (with D. Margaritis) Journal of Business Finance and Accounting vol. 34, issue 9-10, pp. 1447-1469, November/December, 2007.
9. "Market Dynamics: Introduction", (with R. Arena and C. Longhi), special issue on “Market Dynamics”, Editors R. Arena, C. Longhi and M. Psillaki, Revue d’Economie Industrielle, n°107, 3rd semester, September 2004, pp. 13-19.
10. "Debt Marketability and Efficiency" (with W. Perraudin), Birkbeck College Preprint, University of London
11. "Transaction costs and the nature of information: an application to the credit market", (with G. Mondello) Spoudai, vol . 51, n°1-2, 2001.
12. "Corporate Restructuring: the Impact of Loan Sales and Credit Derivatives", (with W. Perraudin) Foundation Bank of France
13. "A critical presentation of revelation mechanisms applied in the credit market", on Revue Française d'Economie, vol. XIII, n°2, spring 1998.
14. Proceedings of the conference "The Origins andManagement of Financial Crises", Gonville and Caius College, Cambridge,the 11-12 of July 1997, Bank of England, London, the 14th of July 1997, organised by the CEPR (Centre for Economic Policy Research) on the Newsletter of CEPR, issue 7, May 1998.
15. "A contribution to a renewal concept of the market: the cases of credit and stocks", Ph.D. dissertation, Supervisor Professor R. ARENA, University of Nice
16. "Financing small and medium sized firms : coordination and transaction costs", (in french) (with G. Mondello), Cahiers Monnaie et Financement, n°24, 1996.
17. "Credit rationing and small and medium sized firms: a tentative of linkage", on Revue Internationale PME, (Canadian Review), n°3-4, vol. 8, winter 1995.
18. "The financing of small and medium sized firms", Master dissertation (in french), supervisor Professor Richard ARENA, University of Nice
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CONTRIBUTION TO A COLLECTIVE BOOK
19."Incentive contracts and risk appreciation", in "Contrôle des activités bancaires et risques financiers", Economica, 1998.
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MANUSCRIPTS SUBMITTED FOR PUBLICATION
20. “Firm Efficiency and Stock Market Returns” (with B. Frijns and D. Margaritis), submitted on the Journal of Productivity Analysis.
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WORK IN PROGRESS
21.“Productivity, growth and financial constraints: evidence from SMEs” (with N. Daskalakis ).
22.“Firm efficiency and M&A at the banking industry” (with I. Tsolas and D. Margaritis).
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CONFERENCES WITH SELECTION COMMITTEE
September 2010 “Firm Efficiency and Stock Market Returns” (with B. Frijns and D. Margaritis), 2nd Conference of the European-Asian Economics, Finance, Econometrics and Accounting Association, Beijing
July 2009 “Capital structure, equity ownership and firm performance” (with D. Margaritis) 16th Annual Conference of the "Multinational Finance Society" 1-4 July, Rethymno.
June 2009 “Capital structure, equity ownership and firm performance” (with D. Margaritis)Εuropean Financial Management Association Conference, Bocconi , Italy
December 2008 “Evaluation of credit risk based on firm performance” (with I. Tsolas and D. Margaritis) 7th Hellenic Finance and Accounting Association (HFAA) Conference, 13-14 December, Chania Greece
June 2008 “Capital structure, equity ownership and firm performance” (with D. Margaritis) Εuropean Financial Management Association Conference, Athens
June 2008 “Evaluation of credit risk based on firm performance” (with I. Tsolas and D. Margaritis), Εuropean Financial Management Association Conference, Athens
December 2007 “Capital Structure, Equity Ownership and Firm Performance” (with D. Margaritis), 6th Hellenic Finance and Accounting Association (HFAA) Conference, 14-15 December, Patras , Greece
December 2007 “E-learning approaches and uses: A Case Study of four European Universities” (with Th. Garrot and S. Rochhia), European Conference on e-learning, 13-14, December, Paris
October 2007 “Capital Structure, Equity Ownership and Firm Performance” (with D. Margaritis) International Conference on Applied Business & Economics, 4-6 October, Pireaus.
July 2007 “Evaluation of credit risk based on firm performance", (with I. Tsolas and D. Margaritis), 14th Annual Conference of the "Multinational Finance Society", 1-4 July, Thessaloniki , Greece
June 2007 "Are the Determinants of Capital Structure Country or Firm Specific? Evidence from SMEs" (with N. Daskalakis), 24th International Symposium on Money, Banking and Finance, 14-15 June, Rennes , France
March 2007 “Capital Structure and firm efficiency" (with D. Margaritis), 4th International Finance Conference, 15-17 March, Hammamet , Tunisia
December 2006 “Are International Differences in Capital Structure Country or Firm Specific? Evidence from SMEs in France , Greece , Italy and Portugal ” (with N. Daskalakis), 5th Hellenic Finance and Accounting Association (HFAA) Conference, 15-16 December, Thessaloniki , Greece
September 2006 “Productivity, Efficiency and Product Market Regulation”, (with D. Margaritis) 3rd International Conference of the "European Network on the Economics of the Firm” GREDEG, CNRS, Sophia-Antipolis, 7-9 September, France
June 2006 “Interdependence and dynamic linkages in international stock markets: Evidence from France , Germany and the U.S. Edinburgh
June 2006 “Capital structure and firm efficiency” (with M. Margaritis), 3rd Annual Conference of the HEWPEM, 16-18 of June, Patras.
December 2005 “A Cross-National Comparison in SMEs Capital Structure Determinants between a Small and a Large Developed Economy: The case of Greece and France ”, (with N. Daskalakis), 4th Hellenic Finance and Accounting Association (HFAA) Conference, 16-18 December, Athens
July 2005 “The Determinants of Capital Structure of the SMEs: Evidence from the Greek and the French firms”, (with N. Daskalakis), 12th Annual Conference of the "Multinational Finance Society", 2-7 of July, Athens
June 2005 “The Determinants of Capital Structure of the SMEs: Evidence from the Greek and the French firms”, (with N. Daskalakis ), 22nd International Symposium on Banking and Monetary Economics, 16-17 June, Stasbourg.
May 2005 "Stock Returns and Macroeconomic Variables : Evidence from Asian-Pacific countries", (with Ch. Hassapis), paper accepted for presentation at the "Financial Markets-Asia Pacific Conference", 26-27 May, Sydney , Australia
December 2004 "Stock Returns and Macroeconomic Variables : Evidence from Asian-Pacific countries", (with Ch. Hassapis), 3rd Hellenic Finance and Accounting Association (HFAA) Conference, 3-4 December, Athens
July 2004 "Electronic Markets and Financial Markets: Similarities or Differences ?", (with Ph. Bomel) contribution at the 11th Annual Conference of the "Multinational Finance Society", 3-8 of July, Istanbul , Turkey
Nov. 2003 "Comparison between financial markets and electronic markets : Convergence or divergence ?" , (with Ph. Bomel) contribution at the International Conference on « Market Dynamics », 7-8 of November, Opio, France.
June 2001 "Debt Marketability and Efficiency" (with W. Perraudin), contribution at the Annual Conference of the "Multinational Finance Society", 23-27of June, Italy
May 2001 "Debt Marketability and Efficiency" (with W. Perraudin)
contribution at the Conference of the FMA (Financial
Management Association)Paris
contribution at the Conference of the FMA (Financial
Management Association)
May 2001 "Financial Intermediaries, Nature of Information and
Efficiency to the Credit Market" (with G. Mondello), contribution at the Conference of the AFSE "Economie des Intermédiaires Financiers", Orléans the 17 and 18 of May 2001.
Efficiency to the Credit Market" (with G. Mondello), contribution at the Conference of the AFSE "Economie des Intermédiaires Financiers", Orléans the 17 and 18 of May 2001.
June 2000 "Transaction costs and the nature of information: an application
to the credit market", (with G. Mondello) contribution at the
conference of the European Financial Management Association,
October 1999 "Corporate Restructuring: the Impact of Loan Sales and Credit
Derivatives", (withW. Perraudin ) contribution for the
conference at the Bank of France the 21 and 22 of october 1999.
Derivatives", (with
conference at the Bank of France the 21 and 22 of october 1999.
September 1997 "Hedonic prices and the operation of markets: a critical
investigation based on an analysis of credit markets",
contribution for the conference at theUniversity of Paris X
23, 24 and 25 of September 1997.
investigation based on an analysis of credit markets",
contribution for the conference at the
23, 24 and 25 of September 1997.
January 1997 "A critical presentation of revelation mechanisms applied in
credit market", (in french) Evry-Val d'Essonne, the 30-31 of
January 1997.
credit market", (in french) Evry-Val d'Essonne, the 30-31 of
January 1997.
June 1995 "Financing small and medium sized firms: application of the
theory of transaction costs", (in french) (with G. MONDELLO)
for the XIIth International Conference in Money and Banking,
Nancy
theory of transaction costs", (in french) (with G. MONDELLO)
for the XIIth International Conference in Money and Banking,
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SCIENTIFIC VISITS ABROAD
April 05 – June 05 Visitor Researcher at the Graduate School of Business, University of Chicago
August 97- February 98 Visiting Research Fellow at Birkbeck College (University of
London
February 94- June 94 Visiting Scholar (ERASMUS) Department of Economics
University of Cambridge (Jesus College
PARTICIPATION ON EUROPEAN PROJECTS
- Participation on the European program “Finalist” (FINAncial LIteracy STimulation ), Responsible for the University of N i
- Participation on the European program “eLene-ee” on e-learning (CANEGE France
- Member of the selection committee of students for the ERASMUS/SOCRATES program and the contact person for Greek Universities.
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PARTICIPATION ON THE COLLECTIVE ACTIVITIES OF GREDEG -CNRS
Member of the National Network in France
Member of the local committee of organisation of the International Conference on Financial Economics the 10 and 11 of June, Sophia-Antipolis, 2004.
Member of the local committee of organisation of the Conference “Market Dynamics” part of the European network DIME, the 7, 8 and 9 of November, Sophia-Antipolis, 2003.
Member of the local committee of organisation of the Conference of the PIREE the 5 and 6 of April, Sophia-Antipolis, 2001.
Member of the local committee of organisation of the 22nd annual Conference of the EARIE (European Association for Research in Industrial Economics), 3-6 of September 1995, Juan les Pins.
Participation at the organisation of the International Conference on Finance, Nice the 9-10 of June 1994.
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LANGUAGES
Greek (native language)
French (fluently)
English (fluently)
REFERENCES Available upon request.
