Maria Michou

Maria Michou is a Senior Lecturer in Finance at the University of Edinburgh Business School, where she has served since 2009. Her roles include Cohort Lead for undergraduate Accounting and Finance programs, Deputy Director of the UEBS PhD Programme, and Coordinator for the Athena SWAN Bronze Award project. She previously held positions at the University of Manchester and the University of Exeter.

Academic Qualifications:

• PhD in Finance (2002), University of Exeter
• MA in Finance and Investment (1998), University of Exeter

Research Interests

• Capital Market Anomalies: Focus on value/growth puzzles, liquidity risk, and accruals anomalies, with notable studies on contrarian strategies and net equity issuance in the UK.
• Empirical Asset Pricing: Analysis of Fama and French models, industry portfolios, and macroeconomic news impacts on returns.
• Cost of Equity Capital: Industry-specific cost of equity studies in the UK context.

Her work often bridges accounting and finance, emphasizing market efficiency and behavioral finance implications.

Scientific Awards

• The Inspiring Colleague Award – People of CAHSS Awards 2024
• UEBS Excellence in Teaching Award 2023 and 2016

Advising and Supervision

• Supervised PhD students in areas including IPOs, M&A activity, and asset pricing anomalies.
• Current and past roles in academic leadership, including program coordination and committee memberships.

Labs and Research Groups

• Affiliated with the Edinburgh Centre for Financial Innovations, contributing to research on market anomalies and asset pricing.