Contact
UQ Business School, The University of Queensland
Brisbane QLD 4072 Australia
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Professor Timothy J. Brailsford

Position Held

Professor of Finance and Foundation Head UQ Business School

Prizes and Honours

Prime Minister’s Centenary Medal of Australia for ‘services to society through accounting”. Awarded 2003.
Chartered Institute of Management Accountants: Research of the Year Award 2002 for the research project “The use of derivative contracts by Commonwealth organisations” – joint with R. Heaney and B. Oliver.
Runner-up in the Multinational Finance Journal Competitive Manuscript Award for Best Paper 2001.
Winner of the Accounting Research Journal Competitive Manuscript Award for Best Paper 2001 and 1995.
Winner of the Multinational Finance Journal Research Award 2001 and 2000.
Winner of the AAANZ Peter Brownell Competitive Manuscript Award for Best Paper 1996.
Runner-up in the Australian Journal of Management E. Yetton Competitive Manuscript Award for Best Paper 1996 and 1995.

Principal Professional Memberships

Fellow, CPA Australia
Fellow, Australian Institute of Management
Fellow, Australasian Institute of Banking & Finance

Employment

1990-92 Lecturer, Monash University
1993-95 Snr Lecturer/Associate Prof. University of Melbourne
1996-2002 Professor of Finance, ANU
1997-2002 Dean, Faculty of Economics & Commerce, ANU

Research Interests

Investments, funds management, pricing of risk assets, volatility of financial prices

Principal Research Grants

Australian Research Council Discovery Projects Scheme $150,000 (2002-2004), “Investment Opportunities and the Interaction of Between Global Integration, International Capital Flows and Price Movements in Emerging Markets” (With R.D. Terrell, Australian National University)
Australian Research Council Linkage Projects Scheme. $157,000 (2002-2004), APA(I) Industry Partner: Sydney Futures Exchange, “What is the Optimal Level of Transparency and Should Off-Market Block Trading exist in Futures Markets” (With E. Jarnecic, University of NSW, A. Frino, University of Sydney and H. Berkman, University of Auckland)
Australian Research Council Strategic Partnership with Industry – Research & Training Grants Scheme. $100,700 (1999-2001), APA(I) Industry Partner: ASSIRT Ltd. “An Evaluation and Analysis of Various Measures and Influencing Factors of the Performance of the Australian Investment Funds Industry” (With D.E. Allen, Edith Cowan University and R.W. Faff, RMIT)
Australian Research Council Large Grants Scheme. $72,000 (1999-2001), “Assessment of Financial Risk, the Use of Derivative Products and the Development of Financial Risk Management Models for Commonwealth Organisations” (With R.A. Heaney, ANU and B.R. Oliver, ANU)

Selected Professional Activities

President, Accounting & Finance Association of Australia & New Zealand 2002-2004
Council, Accounting & Finance Association of Australia & New Zealand 1998-2004
Editor, Accounting Research Journal, 2002-
CPA Professional Education Board 2003-
Council Australian Institute of Management 2003-04

Selected Recent Publications

  • Brailsford, T.J. and Yeoh, D., "Agency Problems and Capital Expenditure Announcements", Journal of Business, 2003.
  • Brailsford, T.J., Penm, J.H.W. and Terrell, R.D., "Selecting the Forgetting Factor in Subset Autoregressive modelling", Journal of Time-Series Analysis, 2002, Vol.23, No.6, 1-21.
  • Bilson, C.M., Brailsford, T.J. and Hooper, V., "Selecting Macroeconomic Variables as Explanatory Factors of Emerging Stock Returns", Pacific-Basin Finance Journal, 2001, Vol.9(4), August, 401-426.
  • McKenzie, M.D., Brailsford, T.J. and Faff, R.W., "New Insights into the Impact of the Introduction of Futures Trading on Stock Price Volatility", Journal of Futures Markets, 2001, Vol.21, No.3, 237-256.
  • Brailsford, T.J., Heaney, R.A., Powell, J.G. and Shi, J., "Hot and Cold IPO Markets", Multinational Finance Journal, 2000, Vol.4 (1-2), March/June, 35-68.
  • Penm, J.H.M., Brailsford, T.J. and Terrell, R.D., “A Robust Algorithm in Sequentially Selecting Subset Time Series Systems Using Neural Networks”, Journal of Time-Series Analysis, 2000, Vol.21(4), July, 389-412.
  • Brailsford, T.J. and A.J. Cusack, “A Comparison of Futures Pricing Models in a New Market: The Case of Individual Share Futures”, Journal of Futures Markets, 1997, August, Vol.17, 515-541.
  • Brailsford, T.J. and R.W. Faff, "Testing the Conditional CAPM and the Effect of Intervalling: A Note", Pacific-Basin Finance Journal, 1997, Vol.5, 527-537.
  • Brailsford, T.J. and T. Josev, "The Impact of the Return Interval on the Estimation of Systematic Risk in Australia", Pacific-Basin Finance Journal, 1997, Vol.6, 357-376.