Professor
Andros Gregoriou
A global authority on finance, he has held senior academic and research positions at several major English universities, and is currently Professor of Finance and Head of Research at Liverpool Business School. He consults regularly with Central Banks, Financial Regulators, Investment Banks and Hedge Funds and has recently provided written evidence to UK parliament concerning the financial regulation of digital currencies.
Career in brief
Andros earned his PhD from Brunel University in 2003, focusing on liquidity and transaction costs, a theme that set the trajectory for his career. He began lecturing at Brunel in 2003, becoming a Senior Lecturer by 2006.
Two years later, at just under 30 years old, Andros was appointed Professor of Finance at the University of East Anglia (UEA), becoming one of the youngest-ever university professors in the country. He was Head of Research for the Norwich Business School at UEA–a multidisciplinary post that would become a defining strand in his subsequent career.
In 2010 Andros became Deputy Dean at Bournemouth University where he was also Head of Research, and, for a period, Acting Dean. He joined University of Hull in 2012 as Professor of Finance, Head of Accounting and Finance Department and Director of the Research Centre at its Triple A-Accredited Business School. In this role he oversaw growth of the University’s executive education courses including MBAs, especially in foreign markets such as Dubai and Singapore.
In 2014, Andros became Professor of Finance at the University of Brighton. He successfully led the Research Excellence Framework (REF) submission process–the national assessment of research quality and impact used to allocate government funding to UK universities. In late 2023, he took up his current post at Liverpool Business School as Professor of Finance and Head of Research, overseeing a research portfolio that spans over 160 staff.
In his research, lectures and public discourse, Andros’s motivation has been clear and consistent from the outset: to use academic research as a force for public good. He advocates for a balanced approach to regulation, supporting frameworks that protect consumers without stifling innovation. His work consistently reflects this ethos, whether that is mentoring PhDs, leading business school research or advising government and industry stakeholders.
Research highlights
Andros’s research on liquidity (Florackis, Gregoriou and Kostakis, 2011), peak end theory (Gregoriou, Healy and Le, 2019) and digital currencies (Gregoriou, 2019, Zhang and Gregoriou, 2020 and 2021) form the basis for RDA’s ratings mode, and his continued vigilance, research and interrogation of digital asset and crypto trading and the broader financial macro environment informs our regularly-published content and educational material.
Though rooted in finance, Andros’s academic expertise and experience spans multiple disciplines including computing, mathematical modelling and AI, sentiment analysis, psychology and Big Data. Highlights from his body of research papers (either as author or co-author) include:
A pioneering paper in Journal of Futures Markets exploring early applications of AI (neural networks) to predict prices of financial options, co-authored with Jerome Healy & Christos Ioannidis,
2008: The Composition of Government Spending and Growth: Is Current or Capital Spending Better?
A highly-cited study in Oxford Economic Papers, co-authored with S. Ghosh, examining policy-relevant economic issues beyond core finance. This influential study challenges conventional wisdom by showing that current government spending boosts economic growth, while capital spending may hinder it—based on 28 years of data from 15 developing countries.
2011: A landmark article in the Journal of Banking & Finance, proposing a new liquidity measure that challenged central bank metrics in the wake of the 2008 financial crisis: Trading frequency and asset pricing on the London Stock Exchange: Evidence from a new price impact ratio. This widely cited study was presented to the Bank of England’s Financial Stability Group.
A body of work with J.J. Gupta on bankruptcy models and credit ratings, including Empirical Comparison of Hazard Models in Predicting SMEs Failure and Forecasting Bankruptcy for SMEs Using Hazard Function: To What Extent Does Size Matter?
Recent publications on Bitcoin and machine learning, notably a 2021 article in Entropy, Predicting Bitcoin Prices Using Machine Learning, and ongoing work on financial innovation, regulation and crypto.
Written evidence to UK Parliament submitted in 2022, concerning the financial regulation of digital currencies.
2025: Mapping the slippery slope: the growth of predatory financial services markets across the UK
A paper, co-authored with John Ashton, which critiques the rise of unregulated fintech platforms in the digital banking age.