Phone: +64 9 921 9999 - ext: 5706
Doctoral degree in Finance (PhD)
Master Degree in Business (Finance)
Financial Risk Manager (GARP)
Please download my current CV here.
Visit my personal website here.
Dr. Bart Frijns obtained his PhD in December 2004 from Maastricht University, the Netherlands. The scope of Dr Frijns’ research is broad ranging from corporate governance and the impact of regulations on financial markets, to volatility dynamics and price setting behaviour. However, his research is always empirical and of applied nature. Dr Frijns’ research has been published in various leading international refereed journals and has been presented at important conferences around the globe. His research has further attracted several awards and grants. Besides his academic publications, Dr Frijns has been involved in a research project for the Dutch ministry of Finance, investigating the financial literacy of Dutch consumers. Dr Frijns has extensive teaching experience and has received several teaching awards at different institutions. Dr Frijns is a Financial Risk Manager certified by the Global Association of Risk Professionals and a Fellow of FINSIA.
Dr Frijns is the Director of the Auckland Centre for Financial Research, co-editor of Applied Finance Letters, sits on the editorial board of the Journal of Futures Markets and the Global Finance Journal, and is a board member of the Asian Finance Association.
(2017) Volatility Discovery and Volatility Quoting on Markets for Options and Warrants (with Rainer Baule and Milena Tieves). Journal of Futures Markets, forthcoming.
(2017) A Comprehensive Look at the Return Predictability of Variance Risk Premia (with Suk-Joon Byun and Tai-Yong Roh). Journal of Futures Markets, forthcoming.
(2018) The Skewness of Commodity Futures Returns (with Adrian Fernandez-Perez, Ana-Maria Fuertes and Joelle Miffre). Journal of Banking and Finance 86, 143-158.
(2017) Excess Stock Return Comovements and the Role of Investor Sentiment (with W. Verschoor and R. Zwinkels). Journal of International Financial Markets, Institutions and Money, forthcoming.
(2017) Evaluating the Tracking Performance and Tracking Error of New Zealand Exchange Traded Funds (with J. Chen and Y. Chen). Pacific Accounting Review 29, 443-462.
(2017) Precious Metals, Oil and the Exchange Rate: Contemporaneous Spillovers (with A. Fernandez-Perez and A. Tourani-Rad), Applied Economics 49, 3863-3879.
(2017) When no News is Good News – The Decrease in Investor Fear after the FOMC Announcement (with A. Fernandez-Perez and A. Tourani-Rad), Journal of Empirical Finance 41, 187-199.
(2017) Contemporaneous Spillover Effects between the US and the UK Equity Markets (with Marinela Finta and Alireza Tourani-Rad). Financial Review 52, 145-166.
(2016) Asymmetries of the Intraday Return-Volatility Relation (with I. Badshah, J. Knif and A. Tourani-Rad) International Review of Financial Analysis 48, 182-192.
(2016) The Impact of Cultural Diversity in Corporate Boards on Firm Performance (with O. Dodd and H. Cimerova). Journal of Corporate Finance 41, 521-541.
(2016) Contemporaneous Interactions among Fuel, Biofuel and Agricultural Commodities (with A. Fernandez-Perez and A. Tourani-Rad). Energy Economics 58, 1-10.
(2016) Behavioural heterogeneity in the New Zealand Stock Market (with I. Indriawan). New Zealand Economic Papers, forthcoming.
(2016) On the Style-based Feedback Trading of Mutual Fund Managers (with A. Gilbert and R. Zwinkels). Journal of Financial and Quantitative Analysis 51, 771-800.
(2016) On the Intraday Relation between the VIX and its Futures (with A. Tourani-Rad and R.I. Webb). Journal of Futures Markets 36, 870-886.
(2016) The Long-Run Performance of the New Zealand Stock Markets: 1899-2013 (with A. Tourani-Rad). Pacific Accounting Review 28, 59-70.
(2015) Cross-listing Decisions and the Foreign Bias of Investors (with O. Dodd). Finance Research Letters 15, 160-166.
(2015) The Determinants of Price Discovery: Evidence from US-Canadian Cross-listed Shares (with A. Gilbert and A. Tourani-Rad). Journal of Banking and Finance 59, 457-468.
(2015) Macroeconomic News Announcements and Price Discovery: Evidence from Canadian-US cross-listed firms (with I. Indriawan and A. Tourani-Rad), Journal of Empirical Finance 32, 35-48.
(2015) On the Informativeness of Trades and Quotes in the FTSE 100 Index Market (with Y. Tse), Journal of Futures Markets 35, 105-126.
(2015) On the Performance of KiwiSaver Funds (with A. Tourani-Rad). Pacific Accounting Review 27, 266-281.
(2015) On the role of cultural distance in the decision to cross-list (with O. Dodd and A. Gilbert), European Financial Management 21, 706-741.
(2014) Speed, Algorithmic Trading and Market Quality around Macroeconomic News Announcements (with M. Scholtus and D. van Dijk). Journal of Banking and Finance 38, 89-105.
(2014) Crossing the Tasman: Determinants of price discovery for Australia-New Zealand cross-listed shares (with A. Gilbert and A. Tourani-Rad). Pacific Accounting Review 26, 177-195.
(2014) Institutional Trading and Stock Returns: Evidence from China (with Q. Lai and A. Tourani-Rad). Review of Pacific Basin Financial Markets and Policies 17.
(2014) Learning by doing: The role of financial experience in financial literacy (with A. Gilbert and A. Tourani-Rad). Journal of Public Policy 34, 123-154.
(2013) Market Timing Ability and Mutual Funds: A Heterogeneous Agents Approach (with A. Gilbert and R. Zwinkels). Quantitative Finance 13, 1613-1620.
(2013) Contemporaneous spill-over among equity, gold, and exchange rate volatility indices (with I. Badshah and A. Tourani-Rad). Journal of Futures Markets 33, 555 - 572.
(2013) Uncertainty avoidance, risk tolerance and corporate takeover decisions (with A. Gilbert, T. Lehnert and A. Tourani-Rad. Journal of Banking and Finance 37, 2457-2471.
(2013) Do criminal sanctions deter insider trading? (with A. Gilbert and A. Tourani-Rad). Financial Review 48, 205-232.
(2012) New Zealand insider trading regulation: A market assessment (with A. Gilbert and A. Tourani-Rad). JASSA: The FINSIA Journal of Applied Finance 4, 47-50.
(2012) Firm efficiency and stock returns (with D. Margaritis and M. Psilaki). Journal of Productivity Analysis 37, 295-306.
(2012) Political crises and the stock market integration of emerging markets (with A. Tourani-Rad and I. Indriawan). Journal of Banking and Finance 36, 644-653.
(2011) Heterogeneity and sentiment in the stock market (with A. Gilbert and A. Tourani-Rad). International Journal of Behavioural Accounting and Finance 2, 140-151.
(2011) Modeling structural changes in the volatility process (with T. Lehnert and R. Zwinkels). Journal of Empirical Finance 18, 522-532.
(2010) Behavioral heterogeneity in the option market (with T. Lehnert and R. Zwinkels). Journal of Economic Dynamics and Control 34, 2273-2287.
(2010) A cultural explanation of the foreign bias in international asset allocation (with S. Beugelsdijk). Journal of Banking and Finance 34, 2121-2131.
(2010) Australian implied volatility index (with C. Tallau and A. Tourani-Rad). JASSA: The Finsia Journal of Applied Finance 1, 31-35.
(2010) Krisen am deutschen Aktienmark (with R. Baule, Frijns, B., C. Tallau and A. Tourani-Rad). Die Bank 3, 8-12.
(2010) The dynamics of price discovery for cross-listed shares: Evidence from Australia and New Zealand (with A. Gilbert and A. Tourani-Rad). Journal of Banking and Finance 34, 498-508.
(2010) The information content of implied volatility: Evidence from Australia (with C. Tallau and A. Tourani-Rad). Journal of Futures Markets 30, 134-155.
(2009) Price discovery in tick time (with P. Schotman). Journal of Empirical Finance 16, 759-776.
(2009) A historical perspective on the current crisis (with A. Tourani-Rad). JASSA: The Finsia Journal of Applied Finance 2, 7-10.
(2009) De crisis in historisch perspectie (with W. Verschoor and R. Zwinkels). De crisis in historisch perspectief. Economische Statistische Berichten 94 (4560), 298-300.
(2008) Insider trading, regulation and the components of the bid-ask spread (with A. Gilbert and A. Tourani-Rad). Journal of Financial Research 31, 225-246.
(2008) Investor sentiment, mutual fund flows and its impact on returns and volatility (with R. Beaumont, T. Lehnert, A. Müller and M. van Daele). Managerial Finance 34, 772-785.
(2008) On the determinants of portfolio choice (with E. Koellen and T. Lehnert). Journal of Economic Behavior & Organization 66, 373-386.
(2008) Corporate ownership and firm performance: Evidence from the Netherlands (with A. Gilbert and P. Reumers). Journal of Corporate Ownership and Control 6, 382-392.
(2008) Forecasting daily volatility with intra-day data (with D. Margaritis). European Journal of Finance 14, 523-540.
(2008) The New Zealand implied volatility index (with A. Tourani-Rad and Y. Zhang). New Zealand Economic Paper 42, 103-126.
(2008) The impact of corporate governance on corporate performance: Evidence from Japan (with R. Bauer, R. Otten and A. Tourani-Rad). Pacific Basin Finance Journal 16, 236-251.
(2006) Inferring public and private information from trades and quotes. Financial Review 41, 95-117.
(2006) Nonlinear dynamics in Nasdaq dealer quotes (with P. Schotman). Computational Statistics and Data Analysis 51, 2246-2266.
(2006) Stock price performance of seasoned equity offerings: Completed versus withdrawn (with F. Navissi, A. Tourani-Rad and L. Tsai). Managerial Finance 32, 234-246.
Awards - Research
Awards - Teaching
Last updated: 01-Dec-2017 8.50am
The information on this page was correct at time of publication. For a comprehensive overview of AUT qualifications, please refer to the Academic Calendar.