AUT - Aaron Gilbert

Dr Aaron Gilbert

Senior Lecturer

Phone: +64 9 921 9999

Email: agilbert@aut.ac.nz

Qualifications:

• Doctor of Philosophy (Ph.D.) in Finance
• Masters of Management Studies majoring in Finance (First Class Honours) 
  
• Conjoint Bachelor of Management Studies and Bachelor of Law (First Class Honours) majoring in Economics and Finance

Biography:

Aaron joined the Finance Department at AUT in August 2006 after completing his thesis. He previously graduated from the University of Waikato with a Conjoint BMS/LLB and an MMS majoring in Finance. The combination of degrees in both finance and law resulted in his thesis where he examined the role of insider trading laws on the stock market. Aaron currently teaches Financial Management and Policy while continuing to research on financial market regulation and examining market microstructure.

Research areas:

• Corporate Finance
• Corporate Governance
• The Role of Regulation on Financial Markets
• Insider Trading

Current Research Projects:

• Comparative Financial Market Regulation
• Price Discovery
• Market Microstructure

Publications:

Frijns, B., Gilbert, A., and Tourani-Rad, A. (2008). “Insider trading, regulation and the components of the bid-ask spread” Forthcoming in the Journal of Financial Research.
Frijns, B., A. Gilbert and P. Reumers (2008), “Corporate Ownership and Firm Performance: Evidence from the Netherlands”, Journal of Corporate Ownership and Control, 5, forthcoming.
Gilbert, A. (2008) The Efficacy and Microstructure Effects of Insider Trading Regulations. VDM Publishing, Germa
Gilbert, A., Tourani-Rad, A. and Wisniewski, T. (2007), “Insiders and the Law: The Impact of Regulatory Change on Insiders Trading”, Management International Review, 5, 745-765.
Gilbert, A., Tourani-Rad, A. and Wisniewski, T. (2006), “Do Insiders Crowd Out Analysts”, Finance Research Letters, 3, 40-48.
Gilbert, A., Tourani-Rad, A. and Wisniewski, T. (2005), “The Impact of the Securities Market Amendment Act 2002 on Insider Trading in New Zealand”, New Zealand Institute for the Study of Competition and Regulation Inc Newsletter.
Etebari, A., Tourani-Rad, A., Gilbert, A. (2004), “Disclosure Regulation and the Profitability of Insider Trading: Evidence from New Zealand“, Pacific-Basin Finance Journal, 12, 479--502.
Gilbert, A., Tourani-Rad, A. and Wisniewski, T.(2004), “The Impact of Regulatory Change on Insider Trading Profitability: Some Early Evidence from New Zealand”, Advances in Financial Economics, 11, Special Issue on Corporate Governance.
Gilbert, A., Tourani-Rad, A. and Wisniewski, T. (2004), “The Relationship between Insider Trading and Volume-Induced Return Autocorrelation”, Finance Letters.
Tourani-Rad, A., Etebari, A., and Gilbert, A. (2003), “The Profitability of Insider Trading: New Zealand Evidence”, University of Auckland Business Review, 5, 1-14.
 
   
 

Awards:

• Awarded the FRST Top Achievers Doctoral Scholarship in 2003
• Best Paper in the field of Corporate Finance and/or Financial Market Regulation at the New Zealand Finance Colloquium, 2005
• Best PhD Paper at the Financial Management Association European Meeting, Siena, Italy, 2005
• Best Paper in the field of Corporate Finance and/or Financial Market Regulation at the New Zealand Finance Colloquium, 2007
• Best Paper using SIRCA Data at the New Zealand Finance Colloquium, 2008