Costas Lambrinoudakis

Lecturer in Accounting and Finance
Accounting and Finance Division

+ 44(0) 113 34 30196
Academic, Accounting and Finance
Room G.01, 16 Clarendon Place

Academic Qualifications

PhD, Finance, University of Piraeus, Greece
MSc, Investment Management, City University of London, UK
BSc (Hons), Business Administration, University of Piraeus, Greece

Professional Qualifications

Marketmaker/Trader Certificate at the Athens Derivatives Exchange

Scholarships & Awards

Scholarship for Doctoral Studies in Greece granted by the Alexander S. Onassis Public Benefit Foundation


Prior to joining Leeds University Business School, Costas worked as an Adjunct Lecturer in Finance at the Athens University of Economics and Business in Greece. He has also lectured on corporate finance, financial management, international finance and banking in various undergraduate and postgraduate courses at the University of Piraeus and the Technological Education Institute of Piraeus.

Costas has also worked as a financial analyst at the Division of Research & Forecasting of Eurobank EFG, the second largest commercial bank in Greece. He conducted analysis, research and forecasting on the US, Eurozone and BRIC economies and financial markets, published in the bank’s economic bulletins "Global Economic & Market Outlook" and "Economy and Markets".   

Costas is also a Member of the Governing Board and Treasurer of the non-profit organization "Asclepiades". The aim of "Asclepiades" is to raise funds to support activities pertaining to the preservation of the Ancient Theatre and the other monuments in the Sanctuary of Asklepios at Epidaurus, in Greece.



Costas’ research interests lie in the field of corporate finance. In his research, he has devoted particular attention to capital structure and especially to the influence of financial development and financial integration on corporate capital structure, and to the impact of manager's expectations on the financing policy of firms.



LUBS5052M - International Investment
LUBS3655   -  Professional Portfolio Management
LUBS3645   -  Advanced Finance



Refereed Journal Articles

"Supply of Capital and Capital Structure: The Role of Financial Development", Journal of Corporate Finance, 2016, vol. 38, pp.166-195, (with Angelos Antzoulatos, Kostas Koufopoulos and Manolis Tsiritakis). 

"Adjustment Costs Determinants and Target Capital Structure", Multinational Finance Journal, 2016 vol. 20, no. 1, pp. 1-39.      

Working papers

"Capital Structure and Financial Flexibility: Expectations of Future Shocks", Working Paper No. 731, Queen Mary University of London, School of Economics and Finance, (with Michael Neumann and George Skiadopoulos). Available at

"Debt Maturity and Financial Integration" (with Angelos Antzoulatos and Kostas Koufopoulos). Available at

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