糖心Vlog

People

Professor Jerry Coakley

Professor
EBS - Finance
Professor Jerry Coakley
  • Email

  • Telephone

    +44 (0) 1206 872455

  • Location

    EBS.3.51, Colchester Campus

  • 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

  • MSc (Econ)

  • PhD

Appointments

糖心Vlog

  • 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.

Key words: Equity crowdfunding
Open to supervise

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.

Key words: Prospect theory; misvaluation; investor sentiment
Open to supervise

Corporate finance

Key words: IPOs, SEOs, London AIM
Open to supervise

Teaching and supervision

Current teaching responsibilities

  • Behavioural Finance (BE335)

Previous supervision

Luyao Ling
Luyao Ling
Thesis title: Essays on Equity Finance and Small Firms
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 31/3/2025
Shabnam Kazembalaghi
Shabnam Kazembalaghi
Thesis title: New Sources of Entrepreneurial Finance
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 2/8/2024
Husain Sh JYA Aboualhasan
Husain Sh JYA Aboualhasan
Thesis title: Essays on Behavioral Finance and Sports Economics
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 20/1/2021
Milica Matovic
Milica Matovic
Thesis title: Essays on Investor Attention
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 6/1/2020
Mingchen Sun
Mingchen Sun
Thesis title: Essays on External Debt and Equity Finance for UK Small Businesses
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 22/11/2019
Charistoula-Sofia Stamou
Charistoula-Sofia Stamou
Thesis title: Three Essays on Equity Financing in the UK
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 25/3/2019
Yixin Liao
Yixin Liao
Thesis title: Essays on Comovement
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 25/3/2019
Aristogenis Lazos
Aristogenis Lazos
Thesis title: Risk-Neutral Pricing in a Behavioural Framework
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 20/12/2017
Nima Zarrabi
Nima Zarrabi
Thesis title: Essays in International Finance
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 21/12/2016
Husain Sh JYA Aboualhasan
Husain Sh JYA Aboualhasan
Degree subject: Finance
Degree type: Master of Science
Awarded date: 30/11/2016
Kamran Malikov
Kamran Malikov
Thesis title: Essays in Earnings Management
Degree subject: Accounting and Finance
Degree type: Doctor of Philosophy
Awarded date: 11/11/2016
Warawit Phetruen
Warawit Phetruen
Thesis title: The Effect of Ifrs and Sox-Like Regulations on Earnings Management in East Asian Countries
Degree subject: Accounting
Degree type: Doctor of Philosophy
Awarded date: 18/5/2016
Anis Suriati Binti Ahmad
Anis Suriati Binti Ahmad
Thesis title: Corporate Social Responsibility (Csr) in a Developing Country: An Analysis of Public-Listed Corporations in Malaysia
Degree subject: Accounting
Degree type: Doctor of Philosophy
Awarded date: 1/4/2016
Masar Hadla
Masar Hadla
Thesis title: Essays in International Finance
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 22/12/2015
Heba Abed Gazzaz
Heba Abed Gazzaz
Thesis title: Essays on Mergers and Acquisitions
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 29/8/2014
Dilek Ulu
Dilek Ulu
Thesis title: Essays on Exchange Rate Exposure
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 4/7/2014
Francisco Javier Hurtado Garcia
Francisco Javier Hurtado Garcia
Thesis title: Essays in Finance: Asset Comovement and Portfolio Construction
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 19/5/2014
Congmin Peng
Congmin Peng
Thesis title: Essays on Bubbles in Financial Markets
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 25/3/2014
Michele Marzano
Michele Marzano
Thesis title: Essays on Market Efficiency, Anomalies and Technical Trading Rules
Degree subject: Finance
Degree type: Doctor of Philosophy
Awarded date: 25/3/2013
Mohammad Qasim Mohammad Raja Momani
Mohammad Qasim Mohammad Raja Momani
Degree subject: Finance
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

jcoakley@essex.ac.uk
+44 (0) 1206 872455

Location:

EBS.3.51, Colchester Campus

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