The University of Western Australia
W/Prof Raymond da Silva Rosa
Head of Discipline/Winthrop Professor
Contact details
| Address | Accounting and Finance The University of Western Australia (M250) 35 Stirling Highway CRAWLEY WA 6009 Australia |
|---|---|
| Phone | 6488 2974 |
| Fax | 6488 1047 |
| Ray.Dasilvarosa@uwa.edu.au |
Biography
Raymond is the Head and Winthrop Professor of Accounting & Finance Discipline at UWA Business School.
Key research
- Mergers and Acquisitions Funds Management Corporate Governance Behavioural Finance
Major research interests
- Behavioural finance
- Corporate governance
- Mergers and acquisitions
Qualifications
BCom PhD W.Aust.
Publications
Publications in the last 5 years
Books
The Demutualisation of the Australian Stock Exchange: Causes and Consequences (2004), Cowan, T., da Silva Rosa, R., Walter, T., by SAI Global Ltd, Sydney, New South Wales, Australia
Investments (2007) by Bodie, Ariff, da Silva Rosa, Kane and Marcus, 1st Australian edition, published by McGraw-Hill.
Behavioural Finance: A Primer for Investment Advisers (2006) by Raymond da Silva Rosa and Mike Parker (non-refereed) monograph, commissioned by BT Financial Ltd.
Journal Articles (School Refereed Journal)
Bugeja, M, R. da Silva Rosa and A. Lee, 2009 (forthcoming), “The impact of director reputation and performance on the turnover and board seats of target firm directors” Journal of Business Finance and Accounting
Bugeja, M, R. da Silva Rosa, 2008 “Taxation of shareholder capital gains and the choice of payment method in takeovers”, Accounting & Business Research.
Durand, R, da Silva Rosa, R. 2008, “The Role of Salience in Portfolio Formation”, Pacific-Basin Finance Journal 16 (special issue on Behavioral Finance), v16:1-2 pp. 78-94
da Silva Rosa, R., J. Filippetto and A. Tarca, 2008, ASIC actions: Canaries for poor corporate governance? Accounting Research Journal, 21(1): 67-86. (Best Paper Award for Paper Published in 2008 in Accounting Research Journal)
da Silva Rosa R, H Y Izan, M C-Y Lin and S C F Lin, “Board Governance and IPO Performance in the Short-run and Long-run”, Journal of Corporate Ownership & Control (SSN 1727-9232), forthcoming, October 2008.
Brown, P.R., Chappel, N., da silva rosa, R., Walter, T. 2007, “The Reach of the Disposition Effect: Large Sample Evidence Across Investor Classes”, International Review of Finance, 6, 1-2, pp. 43-78.
da Silva Rosa, R., Etheridge, D.R., Izan, I.H.Y. 2007, “One Size Does Not Fit All: Small Companies and ASX Corporate Governance Compliance”, Corporate Ownership & Control, 5, 1, pp. 66-78.
Bugeja, M., da Silva Rosa, R. 2006, “Raising the takeover threshold in Australia: issues and evidence”, JASSA, 46, pp. 33-38.
da Silva Rosa, R., Izan, I.H.Y., Ji, S. 2006, “Market misvaluation driven acquisitions: Contrary Australian evidence”, Company and Securities Law Journal, 24, 2, pp. 75-92.
da Silva Rosa, R., Saverimuttu, N., Walter, T. 2005, “Do Informed Traders Win? An Analysis of Changes in Corporate Ownership around Substantial Shareholder Notices”, International Review of Finance, 5, 3-4, pp. 113-147.
Bugeja, M., da Silva Rosa, R., Walter, T. 2005, “Expert Reports in Australian Takeovers: Fees and Quality”, Abacus, 41, 3, pp. 307-322.
da Silva Rosa, R., Lee, P., Skott, M., Walter, T. 2004, “Competition in the Market for Takeover Advisers”, Australian Journal of Management, 29, Special Issue, pp. 61-92.
da Silva Rosa, R., Limmack, R., Supriadi, S., Woodliff, D.R. 2004, “The Equity of Wealth Effects of Method of Payment in Takover Bids for Privately Held Firms”, Australian Journal of Management, 29, Special Issue, pp. 93-110.
Carson, E., da Silva Rosa, R., Maynier, R. 2004, “Returns to Australian Newsletter Recommendations”, Australian Journal of Management, 29, 1, pp. 65-86.
da Silva Rosa, R., Walter, T., Nguyen, T. 2004, “Market Returns to Acquirers of Substantial Assets”, Australian Journal of Management, 29, Special Issue, pp. 111-134.
da Silva Rosa, R., Izan, I.H.Y., Lin, M. 2004, “Board Characteristics of Australian IPOs: An Analysis in Light of the ASX Best Practice Recommendations”, Australian Accounting Review, 14, 1, pp. 25-32.
Journal Articles (Review Article)
da Silva Rosa, R., Walter, T. 2004, “Australian Mergers and Acquisitions Since the 1980s: What Do We Know and What Remains to be Done?”, Australian Journal of Management, 29, Special Issue, pp. i-xiii.
Full Refereed Conference Publications
da Silva Rosa, R., Filippetto, J.A., Tarca, A.C. 2007, “ASIC actions: Canaries for poor corporate governance?”, 2007 AFAANZ Conference, http://www.afaanz.org/openconf/openconf.php, n/a, pp. n/a.
Duong, T.H.L., da Silva Rosa, R., Izan, I.H.Y. 2007, “Modeling of Time-Series Merger Activity with a State-Space and Markov Switching Approach”, 2007 AFAANZ Conference, http://www.afaanz.org/openconf/openconf.php, n/a, pp. n/a.
da Silva Rosa, R., Durand, R.B. 2006, “Portfolio Choice 101”, Asian Finance Association/FMA 2006 Meeting, Auckland, New Zealand, CD-ROM, pp. N/A.
da Silva Rosa, R., To, M.H., Walter, T. 2006, “UK managed funds” trading around M&A announcements”, Portugese Finance Network 4th Finance Conference, Portugal, CD-ROM, pp. N/A.
da Silva Rosa, R., To, M.H., Walter, T. 2005, “Evidence contrary to the disposition effect amongst UK managed funds”, Accounting and Finance Association of Australia and New Zealand Conference, Melbourne, Australia, NA, pp. CD-ROM.
Brown, P.R., da Silva Rosa, R. 2004, “The Association of Corporate Governance Ratings with Institutional Investor Trading Activity”, Accounting and Finance Association of Australian and New Zealand 2004 Conference, Melbourne, CDRom, pp. N/A.
Books
The Demutualisation of the Australian Stock Exchange: Causes and Consequences (2004), Cowan, T., da Silva Rosa, R., Walter, T., by SAI Global Ltd, Sydney, New South Wales, Australia
Investments (2007) by Bodie, Ariff, da Silva Rosa, Kane and Marcus, 1st Australian edition, published by McGraw-Hill.
Behavioural Finance: A Primer for Investment Advisers (2006) by Raymond da Silva Rosa and Mike Parker (non-refereed) monograph, commissioned by BT Financial Ltd.
Journal Articles (School Refereed Journal)
Bugeja, M, R. da Silva Rosa and A. Lee, 2009 (forthcoming), “The impact of director reputation and performance on the turnover and board seats of target firm directors” Journal of Business Finance and Accounting
Bugeja, M, R. da Silva Rosa, 2008 “Taxation of shareholder capital gains and the choice of payment method in takeovers”, Accounting & Business Research.
Durand, R, da Silva Rosa, R. 2008, “The Role of Salience in Portfolio Formation”, Pacific-Basin Finance Journal 16 (special issue on Behavioral Finance), v16:1-2 pp. 78-94
da Silva Rosa, R., J. Filippetto and A. Tarca, 2008, ASIC actions: Canaries for poor corporate governance? Accounting Research Journal, 21(1): 67-86. (Best Paper Award for Paper Published in 2008 in Accounting Research Journal)
da Silva Rosa R, H Y Izan, M C-Y Lin and S C F Lin, “Board Governance and IPO Performance in the Short-run and Long-run”, Journal of Corporate Ownership & Control (SSN 1727-9232), forthcoming, October 2008.
Brown, P.R., Chappel, N., da silva rosa, R., Walter, T. 2007, “The Reach of the Disposition Effect: Large Sample Evidence Across Investor Classes”, International Review of Finance, 6, 1-2, pp. 43-78.
da Silva Rosa, R., Etheridge, D.R., Izan, I.H.Y. 2007, “One Size Does Not Fit All: Small Companies and ASX Corporate Governance Compliance”, Corporate Ownership & Control, 5, 1, pp. 66-78.
Bugeja, M., da Silva Rosa, R. 2006, “Raising the takeover threshold in Australia: issues and evidence”, JASSA, 46, pp. 33-38.
da Silva Rosa, R., Izan, I.H.Y., Ji, S. 2006, “Market misvaluation driven acquisitions: Contrary Australian evidence”, Company and Securities Law Journal, 24, 2, pp. 75-92.
da Silva Rosa, R., Saverimuttu, N., Walter, T. 2005, “Do Informed Traders Win? An Analysis of Changes in Corporate Ownership around Substantial Shareholder Notices”, International Review of Finance, 5, 3-4, pp. 113-147.
Bugeja, M., da Silva Rosa, R., Walter, T. 2005, “Expert Reports in Australian Takeovers: Fees and Quality”, Abacus, 41, 3, pp. 307-322.
da Silva Rosa, R., Lee, P., Skott, M., Walter, T. 2004, “Competition in the Market for Takeover Advisers”, Australian Journal of Management, 29, Special Issue, pp. 61-92.
da Silva Rosa, R., Limmack, R., Supriadi, S., Woodliff, D.R. 2004, “The Equity of Wealth Effects of Method of Payment in Takover Bids for Privately Held Firms”, Australian Journal of Management, 29, Special Issue, pp. 93-110.
Carson, E., da Silva Rosa, R., Maynier, R. 2004, “Returns to Australian Newsletter Recommendations”, Australian Journal of Management, 29, 1, pp. 65-86.
da Silva Rosa, R., Walter, T., Nguyen, T. 2004, “Market Returns to Acquirers of Substantial Assets”, Australian Journal of Management, 29, Special Issue, pp. 111-134.
da Silva Rosa, R., Izan, I.H.Y., Lin, M. 2004, “Board Characteristics of Australian IPOs: An Analysis in Light of the ASX Best Practice Recommendations”, Australian Accounting Review, 14, 1, pp. 25-32.
Journal Articles (Review Article)
da Silva Rosa, R., Walter, T. 2004, “Australian Mergers and Acquisitions Since the 1980s: What Do We Know and What Remains to be Done?”, Australian Journal of Management, 29, Special Issue, pp. i-xiii.
Full Refereed Conference Publications
da Silva Rosa, R., Filippetto, J.A., Tarca, A.C. 2007, “ASIC actions: Canaries for poor corporate governance?”, 2007 AFAANZ Conference, http://www.afaanz.org/openconf/openconf.php, n/a, pp. n/a.
Duong, T.H.L., da Silva Rosa, R., Izan, I.H.Y. 2007, “Modeling of Time-Series Merger Activity with a State-Space and Markov Switching Approach”, 2007 AFAANZ Conference, http://www.afaanz.org/openconf/openconf.php, n/a, pp. n/a.
da Silva Rosa, R., Durand, R.B. 2006, “Portfolio Choice 101”, Asian Finance Association/FMA 2006 Meeting, Auckland, New Zealand, CD-ROM, pp. N/A.
da Silva Rosa, R., To, M.H., Walter, T. 2006, “UK managed funds” trading around M&A announcements”, Portugese Finance Network 4th Finance Conference, Portugal, CD-ROM, pp. N/A.
da Silva Rosa, R., To, M.H., Walter, T. 2005, “Evidence contrary to the disposition effect amongst UK managed funds”, Accounting and Finance Association of Australia and New Zealand Conference, Melbourne, Australia, NA, pp. CD-ROM.
Brown, P.R., da Silva Rosa, R. 2004, “The Association of Corporate Governance Ratings with Institutional Investor Trading Activity”, Accounting and Finance Association of Australian and New Zealand 2004 Conference, Melbourne, CDRom, pp. N/A.
Funding received
Professor Raymond da Silva Rosa, Professor Izan Izan, Dr Martin Bugeja 2006, “DP0772702 - The Role of Directors in Corporate Takeovers”, ARC Discovery Projects, Funds Approved: $179,000.00. RFCD:
Professor Raymond da Silva Rosa, Prof A Craswell 2002, “Impact of Corporate Ownership Structure & Board Composition on Corporate Information Disclosures”, ARC via University Of Queensland, Funds Approved: $63,982.00. RFCD:
Professor Raymond da Silva Rosa & Professor Terry Walter of an Australian Research Council Large Grant totalling $149,000 over the three years 1997, 1998 and 1999. Title: “Corporate Performance following Takeover Bids: Sharemarket and Accounting Based Measures”.
Professor Raymond da Silva Rosa, Prof A Craswell 2002, “Impact of Corporate Ownership Structure & Board Composition on Corporate Information Disclosures”, ARC via University Of Queensland, Funds Approved: $63,982.00. RFCD:
Professor Raymond da Silva Rosa & Professor Terry Walter of an Australian Research Council Large Grant totalling $149,000 over the three years 1997, 1998 and 1999. Title: “Corporate Performance following Takeover Bids: Sharemarket and Accounting Based Measures”.
Honours and awards
Inaugural UWA Guild of Undergraduates Award for Excellence in Teaching in the Faculty of Economics and Commerce.
Runner-up University of Sydney Faculty of Economics Teaching Award 1999.
Best Paper Published in 2008 in Accounting Research Journal for “ASIC actions: Canaries for poor corporate governance?” (with Jennifer Fillippetto and Ann Tarca)
Runner-up University of Sydney Faculty of Economics Teaching Award 1999.
Best Paper Published in 2008 in Accounting Research Journal for “ASIC actions: Canaries for poor corporate governance?” (with Jennifer Fillippetto and Ann Tarca)
Previous positions
Visiting Associate Professor (2008), Stern School of Business, New York University
Senior Fellow, Melbourne Business School, University of Melbourne
Senior Lecturer, Faculty of Economics & Business, University of Sydney
Senior Fellow, Melbourne Business School, University of Melbourne
Senior Lecturer, Faculty of Economics & Business, University of Sydney
Teaching
Investment Analysis, FINA7481
Advanced Corporate Finance, FINA3324
Corporate Financial Policy,FINA2221
Mergers and Acquisitions,MGMT8806
Economics and Finance for the Minerals and Energy,ECON2204
Advanced Corporate Finance, FINA3324
Corporate Financial Policy,FINA2221
Mergers and Acquisitions,MGMT8806
Economics and Finance for the Minerals and Energy,ECON2204
Current external positions
President, UWA Academic Staff Association
Member, UWA Academic Council
Member, UWA Academic Board
Member, UWA Academic Council
Member, UWA Academic Board
Current projects
Industrial Relevance
An investigation of the factors influencing trading by investors in managed funds (with HY Izan and Philip Brown and industry partner, BT Financial)
An investigation of the factors influencing trading by investors in managed funds (with HY Izan and Philip Brown and industry partner, BT Financial)
Research profile
