Staff Profile

I joined Newcastle University in October 2020. I hold the post of Convenor at the PhD Programme in Accounting & Finance and that of Lead of the Research Cluster in Corporate Finance & Financial Institutions.

I have worked at the Business School of Bournemouth University as a Senior Lecturer (Research) in Accounting and Finance. Before joining BU, I was working as Assistant Professor in Banking and Finance at the University of Sussex. Furthermore, I hold the position of Adjunct Associate Professor at the University of Luxembourg and also various academic positions at the University of Glasgow, University of Bath, and University of Essex. In the recent past, I have held visiting academic positions at Stern School of Business at New York University, the Department of Economics at the University of Illinois, and the Department of Banking and Finance at Chulalongkorn University in Thailand.

I have conducted a number of research projects individually and in collaboration with scholars from UK Universities and also from abroad, and have developed a broad research network. My research has been published in a number of highly-ranked (ABS 3*) academic journals (Journal of Banking and Finance; Journal of Financial Stability; Journal of Financial Services Research; Financial Markets, Institutions & Instruments; Business Strategy and the Environment; Economics Letters; European Journal of Finance, etc.). I have presented my studies in numerous international conferences and other high-impact events. In this context, I have received several awards and distinctions for my research.

My research interests are as follows:

• Financial institutions: green banking; responsible banking; environmental risks; bank regulation & supervision; bank governance; ESG.

• Financial stability: systemic risk; liquidity; contagion; compliance; bank stress tests; procyclicality; media and financial stability; Covid-19 and financial stability. 

• Finance: financial innovation; Fintech; alternative finance sources; green financing instruments; corporate culture; corporate environmental performance.

• Financial accounting: transparency; disclosure; data manipulation & fraud; earnings management; reputational risk.

I am currently working on the following research projects:

“The nexus between the Covid-19 health crisis and bank credit risk”, with Mengya Wu (PhD student, Newcastle University)

“Fintech and bank credit: Allies or enemies?”, single-authored 

“Corporate environmental performance and stock price crash risk”, with Jose Liu (Newcastle University) and Congjing Song (PhD student, Newcastle University)

“Hedging Covid-related market risks with green bonds”, with Jose Liu (Newcastle University)

Funded by the Research/Scholarship and Impact Support Fund (£2,000)

NBS8203 Retail and Investment Banking (PGT module)

NBS8567 Topics in Finance (PGR module)

ACC1052 Financial Environment (UG module)

• Articles

  • Grammatikos T, Papanikolaou N. Applying Benford’s law to detect accounting data manipulation in the banking industry. Journal of Financial Services Research 2021, 59, 115-142.
  • Chithambo L, Papanikolaou N, Tauringana V, Tingbani I. Board gender diversity, environmental committee and greenhouse gas voluntary disclosures. Business Strategy and the Environment 2020, 29(6), 2194-2210.
  • Papanikolaou N. How changes in market conditions affect screening activity, credit risk, and the lending behaviour of banks. The European Journal of Finance 2019, 25(9), 856-875.
  • Papanikolaou N. To Screen or Not to Screen: Let the Competition decide. Economics Letters 2018, 170, 175-178.
  • Papanikolaou N. To Be Bailed Out or To Be Left to Fail? A Dynamic Competing Risks Hazard Analysis. Journal of Financial Stability 2018, 34, 61-85.
  • Papanikolaou N. A dual early warning model of bank distress. Economics Letters 2018, 162, 127-130.
  • Papanikolaou N, Grammatikos T. "Too-Small-To-Survive" versus "Too-Big-To-Fail" banks: The two sides of the same coin. Financial Markets, Institutions and Instruments 2018, 27(3), 89-121.
  • Papanikolaou N, Wolff C. The role of on- and off-balance-sheet leverage of banks in the late 2000s crisis. Journal of Financial Stability 2014, 14, 3-22.
  • Papanikolaou N, Wolff C. Financial stability, bank risk, and regulation in the light of the crisis. Journal of Financial Stability 2014, 14, 1-12.
  • Delis M, Papanikolaou N. Determinants of bank efficiency: Evidence from a semi-parametric methodology. Managerial Finance 2009, 35(3), 260-275.
  • Brissimis S, Delis M, Papanikolaou N. Exploring the nexus between banking sector reform and performance: evidence from newly acceded EU countries. Journal of Banking and Finance 2008, 32, 2764-2683.

• Book Chapters

  • Papanikolaou N. The road towards the establishment of the European Banking Union. In: Essays in Honour of Professor Panayiotis I. Kanellopoulos. Greece: Sakkoulas Publications, 2015, pp.709-723.
  • Papanikolaou N. Bank off-balance-sheet leverage: Some lessons to be learned from the financial crisis. In: Managing Systemic Exposures: A Risk Management for SIFIs and their markets. London: Incisive Media, 2013, pp.Chapter 5.