Professor Jerry Coakley

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Email
jcoakley@essex.ac.uk -
Telephone
+44 (0) 1206 872455
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Location
EBS.3.51, Colchester Campus
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Academic support hours
You can find details of Academic Support hours on the EBS UG and PG information page on Moodle or by calling EBS Student Services on 01206873911
Profile
Biography
Biography Jerry Coakley is Professor of Finance at 糖心Vlog Business School at the 糖心Vlog. He was the Head of the Finance group at the Department of Accounting, Finance and Management (which later became 糖心Vlog Business School) 2001-2010. He founded the 糖心Vlog Finance Centre (EFiC) and acted as its Director until 2014. He has published over 60 articles in peer-reviewed international finance and economics journals including the Journal of Corporate Finance, Economic Journal, Journal of Economic Dynamics and Control, British Accounting Review and the British Journal of Management. He has supervised to completion some 40 PhD students. His current research interests include Fintech (equity crowdfunding and ICOs), corporate finance (IPOs, London AIM) and behavioural finance (prospect theory, investor sentiment).
Qualifications
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MSc (Econ)
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PhD
Appointments
糖心Vlog
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Professor of Finance, 糖心Vlog Business School, 糖心Vlog (1/2/2001 - present)
Research and professional activities
Research interests
Fintech
Equity crowdfunding has emerged as a novel source of funding for startups via internet platforms that complements angel and venture capital financing. It is one of the few Fintech developments that is not banking or payments based. ICOs (initial coin offerings) are another such phenomenon but are quite distinct from equity crowdfunding.
Behavioural finance
Prospect theory provides new insights about investor behaviour such as a preference for lottery stocks or the tendency to gamble to cover losses. Misvaluation theory implies that the the market-to-book ratio can have a misvaluation (eg overvaluation driven by sentiment in hot markets) as well as a growth component.
Corporate finance
Teaching and supervision
Current teaching responsibilities
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Behavioural Finance (BE335)
Current supervision
Previous supervision

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 31/3/2025

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 2/8/2024

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 20/1/2021

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 6/1/2020

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 22/11/2019

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 25/3/2019

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 25/3/2019

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 20/12/2017

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 21/12/2016

Degree type: Master of Science
Awarded date: 30/11/2016

Degree subject: Accounting and Finance
Degree type: Doctor of Philosophy
Awarded date: 11/11/2016

Degree subject: Accounting
Degree type: Doctor of Philosophy
Awarded date: 18/5/2016

Degree subject: Accounting
Degree type: Doctor of Philosophy
Awarded date: 1/4/2016

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 22/12/2015

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 29/8/2014

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 4/7/2014

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 19/5/2014

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 25/3/2014

Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 25/3/2013

Degree type: Master of Science
Awarded date: 6/10/2010
Publications
Journal articles (41)
Coakley, J., Cumming, D., Lazos, A. and Vismara, S., (2025). Lead Investor Nominee in Equity Crowdfunding. British Journal of Management
Kazembalaghi, S., Coakley, J., Li帽ares-Zegarra, JM. and Vismara, S., (2024). . Small Business Economics
Coakley, J. and Huang, W., (2023). . The European Journal of Finance. Online (13), 1-18
Zarrabi, N., Snaith, S. and Coakley, J., (2022). . The European Journal of Finance. 28 (10), 997-1018
Coakley, J., Lazos, A. and Li帽ares-Zegarra, J., (2022). . The Journal of Technology Transfer. 47 (6), 1794-1824
Coakley, J., Lazos, A. and Linares Zegarra, J., (2022). . British Journal of Management. 33 (1), 286-305
Coakley, J., Lazos, A. and Li帽ares-Zegarra, JM., (2022). . Journal of Corporate Finance. 77, 101880-101880
Liao, Y., Coakley, J. and Kellard, N., (2022). . International Review of Financial Analysis. 83, 102330-102330
Coakley, J., Dotsis, G., Kourtis, A. and Psychoyios, D., (2022). . International Journal of Finance and Economics. 29 (1), 1157-1171
Brou, D., Chatterjee, A., Coakley, J., Girardone, C. and Wood, G., (2021). . Corporate Governance: An International Review. 29 (6), 612-629
Coakley, J. and Lazos, A., (2021). New Developments in Equity Crowdfunding: A Review. Review of Corporate Finance. 1 (3-4), 341-405
Coakley, J., Girardone, C. and Kellard, N., (2020). Banks and financial markets in times of uncertainty. The European Journal of Finance. 26 (10), 893-896
Stamou, SC., Huang, W. and Coakley, J., (2020). Serial SEOs and capital structure. International Review of Financial Analysis. 71, 101538-101538
Coakley, J., Jitmaneeroj, B. and Wood, A., (2019). . The European Journal of Finance. 25 (14), 1328-1349
Malikov, K., Coakley, J. and Manson, S., (2019). . The European Journal of Finance. 25 (16), 1572-1590
Malikov, K., Manson, S. and Coakley, J., (2018). . The British Accounting Review. 50 (3), 291-305
Wang, Z., Su, B., Coakley, JM. and Shen, Z., (2018). . Journal of Corporate Finance. 48, 726-751
Coakley, J., Gazzaz, H. and Thomas, H., (2017). . European Journal of Finance. 23 (13), 1219-1237
Coakley, J., Gazzaz, H. and Thomas, H., (2017). The impact of mispricing and growth on UK M&As. European Journal of Finance. 23 (13), 1219-1237
Tsvetanov, D., Coakley, J. and Kellard, N., (2016). . Journal of Empirical Finance. 38 (PB), 516-533
Cipollini, A., Coakley, J. and Lee, H., (2015). . The European Journal of Finance. 21 (2), 111-128
Shen, Z., Coakley, J. and Instefjord, N., (2013). . Pacific-Basin Finance Journal. 25 (C), 294-314
Snaith, S., Coakley, J. and Kellard, NM., (2013). . Journal of Banking & Finance. 37 (9), 3681-3693
Petrovic, N., Manson, S. and Coakley, J., (2009). . Journal of Business Finance & Accounting. 36 (9-10), 1148-1179
Coakley, J., Hadass, L. and Wood, A., (2009). . The European Journal of Finance. 15 (4), 421-435
Sajjad, R., Coakley, J. and Nankervis, JC., (2008). . Studies in Nonlinear Dynamics & Econometrics. 12 (3)
Coakley, J., Hadass, L. and Wood, A., (2007). Post鈥怚PO Operating Performance, Venture Capital and the Bubble Years. Journal of Business Finance & Accounting. 34 (9-10), 1423-1446
Coakley, J. and Iliopoulou, S., (2006). Bidder CEO and Other Executive Compensation in UK M&As. European Financial Management. 12 (4), 609-631
Coakley, J. and Fuertes, A-M., (2006). Testing for sign and amplitude asymmetries using threshold autoregressions. Journal of Economic Dynamics and Control. 30 (4), 623-654
Coakley, J., Kellard, N. and Snaith, S., (2005). The PPP debate: Price matters!. Economics Letters. 88 (2), 209-213
Coakley, J., Flood, RP., Fuertes, AM. and Taylor, MP., (2005). Purchasing power parity and the theory of general relativity: the first tests. Journal of International Money and Finance. 24 (2), 293-316
Coakley, J., Fuertes, A. and Wood, A., (2004). A new interpretation of the exchange rate鈥搚ield differential nexus. International Journal of Finance & Economics. 9 (3), 201-218
Coakley, J., Fuertes, A. and Spagnolo, F., (2004). Is the Feldstein鈥揌orioka Puzzle History?. The Manchester School. 72 (5), 569-590
Coakley, J., Fuertes, A-M. and P茅rez, M-T., (2003). Numerical issues in threshold autoregressive modeling of time series. Journal of Economic Dynamics and Control. 27 (11-12), 2219-2242
Fuertes, A-M., Coakley, J. and Zoega, G., (2001). Evaluating the Persistence and Structuralist Theories of Unemployment from a Nonlinear Perspective. Studies in Nonlinear Dynamics & Econometrics. 5 (3)
Coakley, J., Kulasi, F. and Smith, R., (1998). The Feldstein-Horioka puzzle and capital mobility: a review. International Journal of Finance and Economics. 3 (2), 169-188
Coakley, J. and Fuertes, AM., (1997). New panel unit root tests of PPP. Economics Letters. 57 (1), 17-22
Coakley, J., Kulasi, F. and Smith, R., (1996). Current Account Solvency and the Feldstein--Horioka Puzzle. The Economic Journal. 106 (436), 620-620
Coakley, J., (1994). The Integration of Property and Financial Markets. Environment and Planning A: Economy and Space. 26 (5), 697-713
Coakley, J., (1988). International dimensions of the stock market crash. Capital & Class. 12 (1), 16-21
Coakley, J., (1984). The internationalisation of bank capital. Capital & Class. 8 (2), 107-120
Conferences (1)
Coakley, J., Ana-Mar铆a, F. and Mar铆a-Teresa, P., (2001). A Rational Interpolation Approach to Least Squares Estimation for Band-TARs
Reports and Papers (3)
Coakley, J., Cumming, DJ., Lazos, A. and Vismara, S., (2024). Syndicated Equity Crowdfunding and the Collective Action Problem
Kazembalaghi, S., Coakley, J., Li帽ares-Zegarra, JM. and Vismara, S., (2024). Responses to COVID-19: The Role of Digital Equity and Government Loan Schemes
Coakley, J., Cumming, D., Lazos, A. and Vismara, S., (2022).
Grants and funding
2019
Equity, venture capital and business angel investment in 糖心Vlog; a quantative and qualitative evaluation. Project is with Invest 糖心Vlog which is part of the Let's Do Business Group.
Let's Do Business Group Ltd
2014
Smart Data Analytics for Business and Local Government
Economic & Social Research Council
Contact
Academic support hours:
You can find details of Academic Support hours on the EBS UG and PG information page on Moodle or by calling EBS Student Services on 01206873911