Dr Thomas O'Connor

    School of Business

    Lecturer
    Assistant Professor

    TSI Building
    2nd Floor
    249
    (01) 708 6667

    Biography

    Dr. Thomas O'Connor is a lecturer in Finance. His work in the areas of corporate finance and corporate governance has been published in leading peer-reviewed academic journals such as European Financial Management; Journal of Financial Research; Journal of International Financial Markets, Institutions and Money; International Review of Finance; Journal of Multinational Financial Management; Emerging Markets Review; International Review of Economics and Finance; The Quarterly Review of Economics and Finance; and the International Journal of Managerial Finance, among others.

    Research Interests

    Payout policy; capital structure; corporate governance; international cross listings; emerging market finance; systemic risk of non-financial corporations.  

    Book Chapter

    Year Publication
    2012 O'Connor, T. and K. Phylaktis. (2012) 'Cross-Listing Behavior' In: Survey of International Finance. London : Oxford University Press. [Link]

    Peer Reviewed Journal

    Year Publication
    2023 McNally, B.; O'Connor, T. (2023) 'The corporate governance lifecycle in emerging markets – the case of the Republic of Korea'. Corporate Governance International Journal of Business in Society, 23 (5):1046-1062. [Link] http://dx.doi.org/10.1108/CG-10-2022-0422
    2023 Omar Esqueda; Thomas O'Connor (2023) 'The cost of equity to earnings yield differential and dividend policy'. Managerial Finance, . [DOI]
    2023 McNamara, A., O’Connor, T., and S. O’Donohue. (2023) 'Building financial flexibility in preparation for Brexit: the case of Irish medium-sized enterprises'. IRISH JOURNAL OF MANAGEMENT, .
    2022 Dungey M.; Flavin T.; O'Connor T.; Wosser M. (2022) 'Non-financial corporations and systemic risk'. Journal of Corporate Finance, 72 . [DOI] [Full-Text]
    2021 Flavin T.; Goyal A.; O'Connor T. (2021) 'Corporate governance, life cycle, and payout precommitment: An emerging market study'. Journal of Financial Research, 44 (1):179-209. [DOI] [Full-Text]
    2020 Esqueda, O. and T. O'Connor. (2020) 'Corporate governance and life cycles in emerging markets'. Research in International Business and Finance, 51 . [DOI] [Full-Text]
    2019 McNally, B., Garvey, A., and T. O’Connor. (2019) 'Valuation of defined benefit pension schemes in IAS 19 employee benefits - true and fair?'. JOURNAL OF FINANCIAL REGULATION AND COMPLIANCE, 27 (1):31-42. [DOI] [Full-Text]
    2015 Byrne, J., and T. O'Connor. (2015) 'Governance and the corporate lifecycle'. International Journal of Managerial Finance, 11 (1):23-43. [DOI] [Full-Text]
    2017 Byrne, J., and T. O'Connor. (2017) 'Creditor rights, culture and dividend payout policy'. Journal of Multinational Financial Management, 39 :60-77. [DOI] [Full-Text]
    2015 Byrne, J., and T. O'Connor. (2015) 'When does corporate governance matter? Evidence from across the corporate life-cycle'. Managerial Finance, 41 (7):673-691. [DOI]
    2017 Flavin, T., and T. O'Connor (2017) 'Reputation building and the lifecycle model of dividends'. Pacific Basin Finance Journal, 46 :177-190. [DOI] [Full-Text]
    2017 Byrne, J., and T. O'Connor (2017) 'How do creditors respond to disclosure quality? Evidence from corporate dividend payouts'. Journal of International Financial Markets, Institutions and Money, 49 :154-172. [DOI] [Full-Text]
    2014 O'Connor, T., Kinsella, S., and O'Sullivan, V. (2014) 'Legal protection of investors, corporate governance, and investable premia in emerging markets'. International Review of Economics and Finance, 29 :426-439. [DOI] [Full-Text]
    2013 O'Connor T. (2013) 'Equity market liberalization and firm growth'. Review of Development Finance, 3 (1):1-12. [DOI] [Full-Text]
    2013 Flavin, T., and T. O'Connor. (2013) 'The Effects of Ownership Structure on Corporate Financing Decisions: Evidence from Stock Market Liberalization'. International Review of Finance, 13 :383-405. [DOI] [Full-Text]
    2012 Byrne, J. and T. O'Connor. (2012) 'Creditor rights and the outcome model of dividends'. Quarterly Review of Economics and Finance, 52 (2):227-242. [DOI] [Full-Text]
    2012 Mitton, T., and T. O'Connor. (2012) 'Investability and Firm Value'. European Financial Management, 18 :731-761. [DOI] [Full-Text]
    2012 O'Connor T. (2012) 'Investability, corporate governance and firm value'. Research in International Business and Finance, 26 (1):120-136. [DOI] [Full-Text]
    2011 O'Connor T. (2011) 'Financial development, internationalisation and firm value'. Journal of Emerging Market Finance, 10 (1):21-71. [DOI] [Full-Text]
    2010 Flavin, T., and T. O'Connor. (2010) 'The sequencing of stock market liberalization events and corporate financing decisions'. Emerging Markets Review, 11 :183-204. http://dx.doi.org/10.1016/j.ememar.2010.03.004 [Full-Text]
    2009 O'Connor T. (2009) 'Is there a cross listing premium for non-exchange traded depositary receipts?'. International Research Journal of Finance and Economics, 1 (25):183-202.
    2006 O'Connor T. (2006) 'Cross-listing in the U.S. and domestic investor protection'. Quarterly Review of Economics and Finance, 46 (3):413-436. [DOI] [Full-Text]
    2014 Byrne, J., McNally, B., and T. O'Connor (2014) 'Which factors determine the capital structure of non-financial publicly traded Irish firms?'. The Irish Accounting Review, In Press, 2014 . [Full-Text]
    2013 McNally, B., and T. O'Connor. (2013) 'Actuarial valuation of pension scheme – an Irish perspective'. The Irish Accounting Review, In Press . [Full-Text]
    2010 O'Connor, T. (2010) 'Are there permanent valuation gains from becoming investable?'. BANKING AND FINANCE LETTERS, 10 . [Full-Text]
    2009 O'Connor, T. (2009) 'The valuation effects of cross listing abroad for Irish firms'. The Irish Accounting Review, 16 :55-87. [Full-Text]
    2009 O'Connor, T. (2009) 'Does cross-listing in the U.S. really enhance the vaue of emerging market firms?'. Review of Accounting and Finance, 8 :308-336. http://dx.doi.org/10.1108/14757700910980877 [Full-Text]

    Other Journal

    Year Publication
    2022 Esqueda, O., and T. O'Connor (2022) 'Payout policy during market-wide financial constraints: Evidence from the Covid-19 downturn' Applied Finance Letters, 11 :82-93.
    2013 O'Connor, T. (2013) 'Dividend payout and corporate governance in emerging markets: which governance provisions matter?' International Journal of Corporate Governance, 4 (2) :181-207. http://dx.doi.org/10.1504/IJCG.2013.055754
    2013 O'Connor, T. (2013) 'The relationship between dividend payout and corporate governance along the corporate life-cycle' International Journal of Corporate Governance, 4 (1) :20-50. http://dx.doi.org/10.1504/IJCG.2013.055175 [Full-Text]
    2013 O'Connor, T. (2013) 'Dividend payout, corporate governance, and the enforcement of creditor rights in emerging markets' IUP Journal of Corporate Governance, 4 (2) :7-34.
    2013 O'Connor, T. (2013) 'Legal bonding, investor recognition, and cross-listing premia in emerging markets' International Journal of Accounting and Finance, 4 :209-239. http://dx.doi.org/10.1504/IJAF.2014.058144

    Conference Contribution

    Year Publication
    2009 Thomas O'Connor (2009) Investability and financing in emerging markets 7th INFINITI Conference Dublin, .
    2008 Thomas O'Connor (2008) Investability and firm value 6th INFINITI Conference Dublin, .
    2007 Thomas O'Connor (2007) Is there a cross-listing premium for non-exchange traded depositary receipts? 5th INFINITI Conference Dublin, .
    2005 Thomas O'Connor (2005) Does Cross-Listing in the U.S. really enhance value? Irish Accounting and Finance Annual Conference Limerick, .
    2005 Thomas O'Connor (2005) Does Cross-Listing in the U.S. really enhance value? Global Finance Conference Dublin, .
    2005 Thomas O'Connor (2005) Cross-listing in the U.S. and domestic investor protection 3rd INFINITI Conference Dublin, .
    2005 Thomas O'Connor (2005) Does Cross-Listing in the U.S. really enhance value? Emerging Markets Finance Conference 2005 CASS Business School, London, .
    2004 Thomas O'Connor (2004) Cross-listing in the U.S. and domestic investor protection Money Macro Finance (MMF) Annual Conference 2004 CASS Business School, London, .

    Magazine Article

    Year Publication
    2014 McNally, B., and T. O'Connor (2014) Actuarial valuation of pension scheme – an Irish perspective. Dublin, Ireland: [Magazine Article] [Full-Text]

    Thesis

    Year Publication
    2007 Thomas O'Connor (2007) The effects of international equity cross-listing on investor protection and firm value. [Thesis]

    Working Paper

    Year Publication
    2020 Flavin, T., Goyal, A., O'Connor, T. (2020) Role of Corporate Governance and Lifecycle in determining payout precommitment in an emerging market. Maynooth Univeristy: [Working Paper] [Link]
    2020 Dungey, M., Flavin, T., O'Connor, T and Wosser. M. (2020) Industrial firms and Systemic Risk. Maynooth Univeristy: [Working Paper] [Link]
    2017 Byrne, J., and T. O'Connor (2017) Creditor rights, culture and dividend payout policy. [Working Paper] [Full-Text]
    2013 Flavin, Thomas J. and O'Connor, Thomas (2013) The effects of ownership structure on corporate financing decisions: evidence from stock market liberalizations. [Working Paper] [Full-Text]
    2017 Flavin, T., and T. O'Connor (2017) Reputation building and the lifecycle model of dividends. [Working Paper] [Full-Text]
    2017 Byrne, J., and T. O'Connor (2017) How do creditors respond to disclosure quality? Evidence from corporate dividend payouts. [Working Paper] [Full-Text]
    2015 Byrne, J., McNally, B., and T. O'Connor (2015) Which factors determine the capital structure of non-financial publicly traded Irish firms?. [Working Paper]
    2013 Thomas O'Connor (2013) Dividend payout and corporate governance in emerging markets: which governance provisions matter?. [Working Paper] [Full-Text]
    2013 Thomas O'Connor (2013) Dividend payout, corporate governance, and the enforcement of creditor rights in emerging markets. [Working Paper] [Full-Text]
    2012 Byrne, J., and T. O'Connor (2012) Creditor rights and the outcome model of dividends. [Working Paper] [Full-Text]
    2015 Byrne, J., and T. O'Connor (2015) When does corporate governance matter? Evidence from across the corporate life-cycle. [Working Paper]
    2015 Byrne, J., and T. O'Connor (2015) Governance and the corporate life-cycle. [Working Paper] [Full-Text]
    2014 Thomas O'Connor (2014) Legal bonding, investor recognition, and cross-listing premia in emerging markets. [Working Paper] [Full-Text]
    2014 Kinsella, S., O'Sullivan, K.P.V., and T. O'Connor (2014) Legal protection of investors, corporate governance, and investable premia in emerging markets. [Working Paper] [Full-Text]
    2013 Thomas O'Connor (2013) The relationship between dividend payout and corporate governance along the corporate life-cycle. [Working Paper] [Full-Text]
    2013 Thomas O'Connor (2013) Equity market liberalization and firm growth. [Working Paper] [Full-Text]
    2012 Mitton, T., and T. O'Connor (2012) Investability and firm value. [Working Paper] [Full-Text]
    2012 Thomas O'Connor (2012) Investability, corporate governance and firm value. [Working Paper] [Full-Text]
    2011 Thomas O'Connor (2011) Financial development, internationalization and firm value. [Working Paper]
    2010 Thomas O'Connor (2010) Are there permanent valuation gains from becoming investable?. [Working Paper]
    2010 Flavin, T., and T. O'Connor (2010) The sequencing of stock market liberalization events and corporate financing decisions. [Working Paper] [Full-Text]
    2009 Thomas O'Connor (2009) The valuation effects of cross-listing abroad for Irish firms. [Working Paper]
    2009 Thomas O'Connor (2009) Is there a cross-listing premium for non-exchange traded depositary receipts?. [Working Paper]
    2009 Thomas O'Connor (2009) Does cross-listing in the U.S. really enhance the value of emerging market firms?. [Working Paper]
    2006 Thomas O'Connor (2006) Cross-listing in the U.S. and domestic investor protection. [Working Paper] [Full-Text]
    Certain data included herein are derived from the © Web of Science (2023) of Clarivate. All rights reserved.

    Education

    Start date Institution Qualification Subject
    NUI Maynooth PhD Financial Economics
    University of Limerick BBS Economics and Finance
    NUI Maynooth MA Economics and Finance

    Teaching Interests

    Corporate Finance; Financial Management; Investments.