Pawel Bilinski

Dr Pawel Bilinski is the Director of the Centre for Financial Analysis and Reporting Research and Course Director of the MSc in Corporate Finance at Cass Business School. Before joining the Accounting Group at Cass Business School, he held posts at Manchester Business School and at Lancaster University Management School.

Pawel's research interests are in the area of accounting and include firm disclosure policies, the properties of analyst research outputs, investment banking relations and empirical corporate finance.

He has published in top accounting and finance journals such as The Accounting Review, Journal of Banking and Finance, Journal of Business Finance and Accounting, Abacus, European Financial Management, and Financial Markets, Institutions, and Instruments. Pawel is Editorial Board Member of the Journal of Business Finance and Accounting, Accounting and Business Research and the Journal of Accounting, Finance and Economics. His research has received funding from the 6th Marie Curie Framework Programme, the Malmsten Foundation, and Manchester Business School.

Pawel has experience teaching accounting (financial and managerial accounting) and finance courses at Executive, MBA, MSc, and undergraduate level in the UK, Hong Kong, Dubai, Shanghai and the Channel Islands and Saudi Arabia. He has invariably received excellent feedback on his engaging and practice-oriented teaching.

Pawel is also actively engaged with the professional community. Most recently, he presented during the Deutsche Bank 2nd Annual Global Quantitative Strategy Conference and at Deutsche Bank Ideas Lab talk.

Qualifications

PhD, MSc and FHEA.

Memberships of Professional Organisations

• Academic Membership, American Finance Association, Jun 2014 – present
• Academic Membership, European Accounting Association, Nov 2011 – present
• Academic Membership, American Accounting Association, Sep 2010 – present

Expertise

Primary Topics

• Accounting
• Accounting Standards
• Capital Markets
• Corporate Social Responsibility
• Financial Accounting
• Management Accounting

Journal Articles (19)

• Silva, A. and Bilinski, P. (2015). Intended Use of Proceeds, Underwriter Quality and the Long-run Performance of SEOs in the UK. Journal of Business Finance and Accounting, 42(9-10), pp. 1282–1309.
• Ohlson, J.A. and Bilinski, P. (2015). Risk versus anomaly: A new methodology applied to accruals. Accounting Review, 90(5), pp. 2057–2077.
• Bilinski, P. and Mohamed, A. (2015). The signaling effect of durations between equity and debt issues. Financial Markets, Institutions and Instruments, 24(2-3), pp. 159–190.
• Silva, A. and Bilinski, P. (2014). Prospectus Disclosure and the Long-Run Performance of Seasoned Equity Issuers in the UK. SSRN Electronic Journal .
• Bilinski, P., Cumming, D.J. and Hass, L.H. (2014). Do Sell-Side Analysts and Hedge Funds Collude? SSRN Electronic Journal .
• Bilinski, P. (2014). Do analysts disclose cash flow forecasts with earnings estimates when earnings quality is low? Journal of Business Finance and Accounting, 41(3-4), pp. 401–434.
• Bilinski, P. and Lyssimachou, D. (2014). Risk Interpretation of the CAPM's Beta: Evidence from a New Research Method. Abacus, 50(2), pp. 203–226.
• Bilinski, P. and Strong, N. (2013). Managers' private information, investor underreaction and long-run SEO performance. European Financial Management, 19(5), pp. 956–990.
• Bilinski, P., Lyssimachou, D. and Walker, M. (2013). Target price accuracy: International evidence. Accounting Review, 88(3), pp. 825–851.
• Bilinski, P. and Lyssimachou, D. (2013). The Risk Interpretation of the CAPM's Beta: Evidence from a New Research Method. SSRN Electronic Journal .
• Bilinski, P. (2013). Earnings Quality and the Joint Issue of Analyst Earnings and Cash Flow Forecasts. SSRN Electronic Journal .
• Bilinski, P. and Lyssimachou, D. (2013). Beta Works! A New Risk Testing Method Applied to Market Beta. SSRN Electronic Journal .
• Bilinski, P., Liu, W. and Strong, N. (2012). Does liquidity risk explain low firm performance following seasoned equity offerings? Journal of Banking and Finance, 36(10), pp. 2770–2785.
• Ohlson, J.A. and Bilinski, P. (2012). Risk vs. Anomaly: A New Methodology Applied to Accruals. SSRN Electronic Journal .
• Pawel, B. and Mohamed, A. (2012). Durations between Equity and Debt Issues and Their Effect on the Offering Announcement Returns. SSRN Electronic Journal .
• Bilinski, P. and Mohamed, A. (2012). What Factors Determine the Time between Seasoned Equity and Debt Issues: A Duration Analysis. SSRN Electronic Journal .
• Bilinski, P., Lyssimachou, D. and Walker, M. (2011). Target Price Accuracy: International Evidence. SSRN Electronic Journal .
• Bilinski, P. (2011). Does Firm Reporting Quality and Analyst Forecasting Skill Influence the Analyst Choice to Issue Revenue Forecasts? SSRN Electronic Journal
• Bilinski, P., Strong, N.C. and Walker, M. (2010). Strategic Disclosure, Analyst Behavior and Equity Flotation Costs. SSRN Electronic Journal .