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Russell Poskitt

Dr

  • 76 Citations
  • 5 h-Index
19982015
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Personal profile

Biography

Retired from the University of Auckland in early 2014 from position as Associate Professor (Finance) before moving to Perth for family reasons. Employed at UWA since mid-2016 in a teaching-only capacity.

Roles and responsibilities

Lecturer in undergraduate and postgraduate finance programme at UWA.

Previous positions

University of Auckalnd (2002-2014)

Unitec Institute of Technology (2001)

University of Canterbury (1994-2000)

Christchurch College of Education (1991-1993)

Christchurch Polytechnic (1990)

Industrial relevance

Three years in a commercial bank, one year in a manufacturing company.

Teaching overview

Lectured in major fields of finance, including corporate finance, investments, derivatives, banking. Have also taught introductory statistics and economics.

Murdoch University (2016) - Treasury Management (BUS288), Credit and Lending Decisions (BUS308)

University of Western Australia (2015-2016) - Corporate Financial Policy (FINA2222), Business Analysis & valuation (FINA5523)

Curtin University (2015) - International Finance (FNCE 5011)

University of Auckland (2002-2014) - Financial Management (FIN 251), Modern Investment Theory & Management (FIN 361), Financial Risk Management (FIN 362), Financial Economics (ECON 351), Risk Management (FIN 762)

Unitec Institute of Technology (2001, 2014) - Managerial Finance (ACTY 5290), Financial Statements Analysis (ACTY 7292)

University of Canterbury (1994-2000) - Business Finance (AFIS 204), Financial Institutions and Markets (AFIS 214), Advanced Corporate Finance (AFIS 304), Investment Analysis and Portfolio Management (AFIS 314), Derivative Securities (AFIS 616)

Research

Poskitt, R., Dassanayake, W., 2015, ‘Modelling the lowballing of the LIBOR fixing’, forthcoming in International Review of Financial Analysis.

Abraham, M., Marsden, A., Poskitt, R., 2014, ‘Determinants of a firm's decision to utilize a dividend reinvestment plan and shareholder participation rates: Australian evidence’, forthcoming in Pacific-Basin Finance Journal.

Poskitt, R., 2013, ‘What drives issue spreads on commercial paper?: Evidence from New Zealand commercial paper tenders’, Pacific Accounting Review, 25, 3, 278-292.

Poskitt, R., Single, C., 2012, ‘What drives the cost of US dollar bond funding for banks?‘, Pacific Basin Finance Journal, 20, 4, 460-478.

Poskitt, R., Waller, B., 2011, ‘Do liquidity or credit effects explain the behavior of the BKBM-LIBOR differential?‘, Pacific Basin Finance Journal, 19, 2,173-193.

Marsden, A., Poskitt, R., Wang, Y, 2011, ‘The impact of New Zealand's disclosure reform on differential managerial disclosure behaviour for good news versus bad news firms‘, Pacific Accounting Review, 23, 3, 224-261.

Poskitt, R., Marsden, A., Nguyen, N., Shen, J., 2011, ‘The introduction of broker anonymity on the New Zealand Exchange‘, Pacific Accounting Review, 23, 1, 34-51.

Poskitt, R., 2010, ‘Price discovery in electronic foreign exchange markets: the sterling/dollar market‘, Journal of Futures Markets, 30, 6, 590-606.

Huang, M., Marsden, A., Poskitt, R., 2009, ‘The impact of disclosure reform on the NZX’s financial information environment, Pacific Basin Finance Journal, 17, 4, 460-478.

Marsden, A., Poskitt, R., 2009, ‘An analysis of ASX price queries’, Australian Accounting Review, 19, 3, 217-230.

Elliffe, C., Marsden, A., Poskitt, R., 2008, ‘Impact of the approved issuer levy on New Zealand dollar domestic interest rates’, New Zealand Journal of Taxation Law and Policy, 14, 483-49.

Marsden, A. and Poskitt, R.N. and Wang, C. Y., 2008, ‘An empirical analysis of the NZX’s price query system’, Pacific Accounting Review, 20, 4-28.

Marsden, A. and Poskitt, R.N., 2008, ‘Price discovery in the AUD/NZD market’, INFINZ Journal, May, 22-28.

Poskitt, R., 2008, ‘Interest rate futures and forwards: evidence from the sterling futures and FRA markets’, Journal of International Financial Markets, Money and Instruments, 18, 399-412.

Poskitt, R.N., 2008, ‘In search of the convexity adjustment: evidence from the sterling futures and IMM FRA markets’, Journal of Futures Markets,28, 1-17.

Poskitt, R.N., 2008, ‘The truth about futures and forwards: evidence from high frequency data’, Global Finance Journal,18, 319-336.

Poskitt, R.N., 2007, ‘Benchmark tipping and the role of the swap market in price discovery’, Journal of Futures Markets, 27, 981-1001.

Marsden, A., Poskitt, R.N., 2006, ‘Continuous disclosure at NZX: more evidence’, Competition & Regulation Times, 21, 10-11.

Poskitt, R.N., Yang, P., 2006, ‘The impact of disclosure reform on information risk in NZX-listed stocks’, Pacific Accounting Review, 18, 47-69.

Poskitt, R.N., 2006, ‘Swap pricing: Evidence from the sterling swap market’, Global Finance Journal, 17, 294-308.

Poskitt, R.N., 2005, Bid/ask spreads in the foreign exchange market: an alternative approach, Pacific Basin Finance Journal, 13, 562-583.

Poskitt, R.N., 2005, Are mining exploration stocks more prone to informed trading than mining production stocks? Australian Journal of Management, 30, 201 – 228.

Poskitt, R.N., 2005, Disclosure regulation and information risk, Accounting and Finance, 45, 457-477.

Marsden, A. and Poskitt, R. N., 2004, The pricing of instalments receipts: New Zealand evidence, Review of Pacific Basin Financial Markets and Policies, 7, 423-449.

Poskitt, R.N., 2002, An intraday test of pricing and arbitrage opportunities in the New Zealand bank bill futures market, Journal of Futures Market, 22, 519-555.

Poskitt, R.N., 1999, Price discovery in cash and futures interest rate markets in New Zealand, Applied Financial Economics, 9, 355-364.

Poskitt, R.N., 1998, The pricing of bank bill futures and FRA contracts in New Zealand, Accounting and Finance, 38, 245-264.

Poskitt, R.N., 1998, Price discovery in derivative markets: bank bill futures v FRA markets, Accounting Research Journal, 11, 270-283.

Poskitt, R.N. and Newberry, S. M.3, 1998, Current cost accounting and its revival in ED-82 - A reappraisal, Pacific Accounting Review, 10, 53-74.

Languages

English

Education/Academic qualification

Finance, PhD, The University of Auckland

Finance, MCom, University of Canterbury

Banking, Diploma in Banking Studies, Massey University

Economics, BSc(Hons), University of Canterbury

Fingerprint Dive into the research topics where Russell Poskitt is active. These topic labels come from the works of this person. Together they form a unique fingerprint.

  • 8 Similar Profiles
Pricing Business & Economics
Forward rates Business & Economics
High-frequency data Business & Economics
Price discovery Business & Economics
Interest rate futures Business & Economics
Swaps Business & Economics
New Zealand Business & Economics
Futures markets Business & Economics

Research Output 1998 2015

  • 76 Citations
  • 5 h-Index
  • 27 Article
3 Citations (Scopus)
Participation rate
Shareholders
Dividends
Credit
Tax

Modelling the lowballing of the LIBOR fixing

Poskitt, R. & Dassanayake, W., 2015, In : International Review of Financial Analysis. 42, p. 270-277

Research output: Contribution to journalArticle

Modeling
Stock prices
Interbank market
Financial crisis
2 Citations (Scopus)

What drives the cost of US dollar bond funding for banks?

Poskitt, R. & Single, C., 2012, In : Pacific Basin Finance Journal. 20, 4, p. 583-599 17 p.

Research output: Contribution to journalArticle

Funding
Costs
Liquidity premium
Government guarantees
Credit risk
1 Citation (Scopus)

Do liquidity or credit effects explain the behavior of the BKBM-LIBOR differential?

Poskitt, R. & Waller, B., 2011, In : Pacific Basin Finance Journal. 19, 2, p. 173-193 21 p.

Research output: Contribution to journalArticle

Credit risk
Liquidity
Credit
Risk factors
Bid/ask spread

Prizes

Investors
Informed trading
honors and awards
News
Disclosure
New Zealand

ISCR Prize

Russell Poskitt (Recipient), 2006

Prize

Financial information
Disclosure
Information environment