Profile
Dr Nikolaos Papanikolaou
Senior Lecturer in Finance
- Email: nikolaos.papanikolaou@ncl.ac.uk
- Telephone: +44 (0) 191 208 2197
- Personal Website: https://www.ncl.ac.uk/business/people/profile/nikolaospapanikolaou.html
- Address: Newcastle University
Newcastle University Business School
Frederick Douglass Centre, room 3.17
Newcastle Helix
2 Science Square
Newcastle upon Tyne
NE4 5TG
I joined Newcastle University in October 2020 as a Senior Lecturer in Finance. I hold various academic positions at the University of Glasgow, University of Bath, and University College London (UCL). I formerly served as a Senior Lecturer in Accounting and Finance at Bournemouth University and, before that, as Assistant Professor of Banking and Finance at the University of Sussex. I have also held the posts of Post-doc researcher and Lecturer at the University of Luxembourg as well as visiting academic positions at Stern School of Business at New York University in US, the Department of Economics at the University of Illinois in US, and the Department of Banking and Finance at Chulalongkorn University in Thailand.
My research has been published in a number of highly-ranked 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 research in numerous prestigious conferences and other high-impact events. In this context, I have received several awards and distinctions.
Google Scholar: https://scholar.google.com/citations?hl=en&user=VNSntegAAAAJ
ORCID: https://orcid.org/0000-0003-4471-936X
I accept expressions of interest from prospective PhD applicants - please email me at: nikolaos.papanikolaou@newcastle.ac.uk
My research interests are:
• Financial institutions: green banking; responsible banking; environmental risks; ESG principles; reputational risk; biodiversity; greenwashing; open banking; board gender equality and diversity; financial inclusion.
• Financial stability: systemic risk; credit risk; liquidity; contagion; compliance; bank stress tests; procyclicality; bank regulation & supervision; media and financial stability; Covid-19 pandemic.
• Finance: financial innovation; Fintech; alternative finance; green financing instruments; corporate governance and culture; corporate environmental performance.
• Financial accounting: transparency; disclosure; accounting discretion; earnings management; data manipulation; accounting scandals and fraud.
I hold a PG Certificate in Higher Education from the University of Sussex (February 2016) and am Fellow of the UK HEA since March 2016.
Teaching Awards
• Research Supervisor of the Year Award-Nominated, Newcastle University, 2023-24
• Outstanding Contribution to Teaching, Newcastle University, 2023-24
• Research Supervisor of the Year Award-Finalist, Newcastle University, 2021-22
• Outstanding Feedback to Research Students Award-Finalist, Newcastle University, 2021-22
• Top-5 Teaching evaluations, Bournemouth University, 2017-18
• Outstanding Teaching Contribution Award-Finalist, University of Sussex, 2015-16
• Discretionary Pay Award for Teaching Excellence, University of Sussex, 2015-16
• Winner of the Excellence in Teaching Award: University of Sussex, 2014-15
• ‘Good Egg’ Teaching Award-Finalist, University of Sussex, 2014-15
I have taught / convened the following modules:
2020-now: Newcastle University
NBS8564 Topics in Banking (PhD module)
NBS8203 Retail and Investment Banking (MSc module)
ACC1052 Financial Environment (BSc module)
2017-2020: Bournemouth University
Fintech (MSc Finance)
Corporate Financial Management (BA Finance & Business)
Applied Wealth Management (MSc Finance)
Portfolio Construction and Theory (MSc International Investment & Finance)
2014-2017: University of Sussex
Principles of Banking (BSc Finance)
Financial Derivatives (MSc in Banking & Finance)
Bank Risk Management (MSc in Banking & Finance)
2010-2019: University of Luxembourg
Topics in Banking: Theory and Practice (MPhil in Economics & Finance)
Macroeconomics (MSc in Banking & Finance)
2012 (Sep): University of Rome III, Italy
Microeconomics of Banking (Summer school)
2004-2009: Athens University of Economics and Business, Greece
Applied Econometrics, Mathematical Economics (BSc modules)
Microeconomics, Macroeconomic Policies (MSc modules)
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Articles
- Papanikolaou N, Liu P, Song C. Hedging strategies using green financial instruments. 2025. In Preparation.
- Gounopoulos D, Ongena S, Papanikolaou N. Creating a dictionary for stress-tested banks. 2024. In Preparation.
- Papanikolaou N, Liu J, Song C. Corporate Environmental Performance and Stock Price Crash Risk. The Financial Review 2024. Submitted.
- 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.
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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.
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Digital or Visual Media
- Papanikolaou N. Financial markets, the gold market, and the crypto markets (in Greek). https://www.ertnews.gr/roi-idiseon/n-papanikolaou-den-apotelei-pigi-anisyxias-i-taytoxroni-anodos-xrimatagoron-xrysou-kai-crypto-efoson-dikaiologeitai-apo-oikonomika-megethi/ ; Hellenic Broadcasting Corporation (ERT); 27/03/2024, 2024.
- Papanikolaou N. World on brink of financial crash as Bank of England warned it's days away from sparking recession. https://www.express.co.uk/news/uk/1759571/bank-of-england-interest-rate-warning-global-recession: Daily Express; 18/04/2023, 2023.
- Papanikolaou N. The role of the banking system in preserving biodiversity. Newcastle upon Tyne: Newcastle University Business School, Newcastle University, 2023.
- Papanikolaou N. Interest rates: why the Federal Reserve and Bank of England should still raise them (a bit). The Conversation, 2023. Available at: https://theconversation.com/interest-rates-why-the-federal-reserve-and-bank-of-england-should-still-raise-them-a-bit-202156.
- Papanikolaou N. Current uncertainties and troubles with banks. Carlisle: BBC Radio Cumbria, 2023.
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Working Papers
- Papanikolaou N, Wu M. Developing a composite index to measure biodiversity conservation. 2024.
- Papanikolaou N, Wu M. Bank credit risk, greenwashing and ESG reputation. 2024.