Read more about the Cyprus Centre for Business Research at CIM
As well as advancing original research, the Centre aims to disseminate new information and expert insights to business executives. To this effect, it publishes regular Business Bulletins from academics and industry experts.
In addition, the Centre publishes an academic journal (The Market: International Journal of Business) and organises an annual academic conference (held usually in late March/early April).
More specifically, the Centre has the mandate (as voted by CIM’s Council in September 2017) to:
As Cyprus’s premier Business School, and as a trendsetter with over 40 years of experience, it was inevitable that CIM would set up its own, autonomous, research centre. As the new Director of the Centre, taking over from Dr Myria Kkali, I am delighted to be overseeing the Cyprus Centre for Business Research as it becomes established in Cyprus and abroad.
Since its establishment in 2017, the Centre has successfully organised two international conferences, bringing together scholars from around the world. Our Fellows – outstanding researchers at different careers levels – have been producing original and applicable research and attending a number of national and international conferences. As a research centre committed to bridging the gap between academia and the industry, we have been sharing our intelligence with business executives and disseminating our expert insights with the general public through our Business Bulletin, which can be accessed further below.
As we look forward, I am thrilled at the prospect of finally launching our journal – to give it its full title, The Market: International Journal of Business. We would like our journal to have a focus on Cyprus and the surrounding region, but always looking outwards. The first issue is due for publication in January 2020. We will also be organising our third annual conference, under the theme Entering a New Era, on 11 April 2020. This year’s conference will feature two keynote speakers and will attract delegates from within and outside Cyprus.
If you are interested in joining forces with us, or if you have any questions or comments, please do get in touch.
Dr Katerina Pavlou
Cyprus Center for Business Research
Dr Pavlou graduated from the National and Kapodistrian University of Athens with a BSc in Early Childhood Education (2009), and continued with postgraduate studies in Educational Psychology at the University of Bristol, UK (2010). In 2011, she started a PhD at the University of Southampton, where she worked (as a member of the Centre of Visual Cognition) on a Royal Golden Jubilee funded project investigating eye movement behaviour in anxious individuals. She completed her PhD in 2015. Dr Pavlou has taught Business and Organisational Psychology at both at undergraduate and postgraduate level. She joined CIM, as Academic Director of the Limassol campus, in September 2019.
A regular online publication, now in its 4th year, in which experts engage with current events and developments in various sectors, summarise their findings, and share their insights.
A peer-reviewed scientific journal published annually and showcasing top-quality international research in all business fields – Marketing, Management, Strategy, Accounting and Finance, HR, Political Marketing, and Shipping, among others.
CFP: The peer-reviewed Finance Symposium, which will take place on August 27th-29th, 2021 in Chania, Crete, GREECE (available on-line as well) is now accepting paper submissions.
More information here.
We are delighted to see yet another joint publication published by our Fellows, Dr Nektarios Michael and Dr Constantinos Melas. In this new paper, published in the journal Maritime Transport Research, the authors investigate the relationship between commodity prices and bulk carrier freight rates. The results show that a drop in the price of commodities has a disproportionate negative impact on the freight rates, resulting in major cash flow issues both for the ship-owning companies and their host countries respectively. In countries like Greece, Cyprus, and Malta, the authors conclude, where shipping income is an important form of revenue stream for the economy, it would be a good idea to earmark funds for industries that can provide hedging opportunities (i.e. green energy), in order to avoid excessive volatility.
Visit the journal site for the full paper.
We are proud to see a new publication by a member of our team. Dr Constantinos Constantinou, a specialist in Political Marketing and a Fellow of the Cyprus Centre for Business Research, published a chapter on information warfare and the role of media. The chapter, written in Greek, is part of the book Άμυνα και Ασφάλεια Μικρών Κρατών: H περίπτωση της Κύπρου. The book will be available from various booksellers shortly. Bibliographical details as follows:
Συλλογικός επιστημονικός τόμος: «Άμυνα και Ασφάλεια Μικρών Κρατών: H περίπτωση της Κύπρου»
Επιμέλεια: Πέτρος Σαββίδης
Λευκωσία, Εκδόσεις Αρματολός
Yπό έκδοση: Καλοκαίρι 2021
We are very proud to see yet another article by our two prolific Fellows: Dr Nektarios Michael and Dr Konstantinos Melas. Their article, entitled ‘How long do we keep up with the Joneses? Herding time horizons in the dry bulk shipping markets’ has been published by The Asian Journal of Shipping & Logistics and is available here.
Abstract: We estimate intentional and unintentional herding in the dry-bulk, ocean-going segment that spans from August 1998 to January 2020 and measure how this can impact vessel orders. As the results suggest, while intentional herding has a large effect on the orders of the newbuilding vessels, the impact is very short-lived. On the contrary, unintentional herding, related to common environmental factors, has a smoother but more time persistent effect on the newbuilding vessels. The findings suggest that the key players in the market do not only affect the dry-bulk market with their decisions but also the logistics trade and ultimately the world economy. Thus, the inclusion of the dry bulk key shipowners by the policymakers in the discussions before reaching an important decision could minimise the volatility of the overall sector.
We are very proud to see Dr Nektarios Michael’s new book out with Palgrave Macmillan. The book offers a simple yet comprehensive introduction to the world of Banking. While paramount to the modern economy, understanding how the banking system works has been usually cast aside from overall economic education. Even in the aftermath of the recent financial crisis, which has underlined the vital importance of banking in the economy, the workings of the sector remain a black box. To this end, this book provides a comprehensive and easy to read review of the banking sector, covering all issues related to commercial and investment banking and providing experienced as well as non-expert readers the opportunity to expand their knowledge on these topics. After going through the book, readers have the opportunity to gain a deeper knowledge regarding the commercial and investment functions of the banking sector and the ability to evaluate the potential outcome of policy actions.
Read a preview of the book (and order a copy!) here.
Dr Christiana Charalambidou, Fellow at the Cyprus Centre for Business Research and member of Faculty at CIM, has published a co-authored paper in The Manchester School Journal. The paper, co-authored with Prof. Steven McIntosh (University of Sheffield), is entitled ‘Over-Education in Cyprus: Micro and Macro Determinants, Persistence and State Dependence. A Dynamic Panel Analysis.’ For a preview of the article, please see here.
Setting aside the technicalities and econometrics, this article uses panel data for Cyprus between 2005-2011, and tries to understand what is causing people to end up in jobs for which they are over-educated (i.e. have a higher level of education than most people doing the same job). Apart from personal and job characteristics we find that things happening in the economy at the time of employment like for example the number of people employed in the same job and the number of graduates holding the same level of education increase one’s chances of ending up over-educated. The incorporation of macro level variables as determining factors of over-education especially the ones that we used has not been studied before in the literature and this is one of the two main contributions of this work. Additionally we find the entering over-educated jobs as a career strategy or a temporary fix does not work as people who do that end up being trapped in over-educated jobs and being over-educated for one year actually causes you to be over-educted in the future (maybe because employers see that as a bad signal for worker productivity and potential).
The Manchester School Journal was established in 1930 and has grown to become a distinguished, internationally recognised, general economics journal. It is still edited from The University of Manchester’s Economics department and is published by Wiley.
Our esteemed collaborator, Dr Nicos Antoniades (St. John’s University, New York), was on Alpha News discussing his CIS Model, an award-winning model that measures specific political capabilities to “package an idea/proposal” (i.e., to Create, Inform, and Support). Dr Antoniades leads a team of CIM faculty and fellows at the Centre conducting international research (in association with our partners at the Rome Business School) using the CIS model. Watch Dr Antoniades here.
We are delighted to share the news that Dr Nicos Antoniades (St. John’s University, New York), who is member of the Editorial Board of our journal, The Market, has published an article entitled ‘Political Marketing Communications in Today’s Era: Putting People at the Center’ in Society, Volume 58, November-December 2020 (published by Springer U.S.). Dr Antoniades is currently heading a research project in political marketing at the Cyprus Centre for Business Research, in association with our partners at the Rome Business School. Watch this space!
We are very proud of our Fellow Dr Nektarios Michael (and his co-author Dr Konstantinos Melas) whose latest article ‘Quantifying the relationship between seaborne trade and shipping freight rates: A Bayesian vector autoregressive approach’ has just come out in Maritime Transport Research. Read the article here.
Dr Constantinos Constantinou – Cyprus Centre for Business Studies Fellow and editor-in-chief of our journal, The Market – will be speaking at the online conference on “New Challenges for the European Union” on 23 September 2020. Dr Constantinos will be speaking on the subject of “Turkey within an EU Context: 2020 and Beyond”.
We are delighted to share that Dr Nektarios Michail, Postdoctoral Fellow at the Cyprus Centre for Business Research, has just published a paper, ‘Shipping Markets in Turmoil: An Analysis of the Covid-19 Outbreak and its Implications’, co-authored with Dr Kostis Melas, in Transportation Research: Interdisciplinary Perspectives. The paper is available here: here Congratulations to both authors!
We are delighted to announce that CIM has been awarded a big grant (over 30,000 euro) by the Erasmus+ programme in support of student and staff mobility and knowledge exchange. The award was granted in collaboration with Zhytomyr Polytechnic State University in the Ukraine. CIM and the Cyprus Centre for Business Research looks forward to exchanging ideas and forging new research projects with colleagues at Zhytomyr. For more information, please see here.
We are thrilled to announce the publication of the inaugural issue of The Market: International Journal of Business. The issue, edited by Dr Constantinos Constantinou, features eight peer-reviewed articles by established and emerging scholars. Congratulations to the editorial team and the authors. You can read the issue here.
We are delighted to announce the two keynote speakers for our upcoming annual academic conference: Prof. Paurav Shukla, Professor of Marketing at the University of Southampton (Southampton Business School) and Head of the Department of Digital and Data Driven Marketing; and Dr Yichuan Wang, Associate Professor in Digital Marketing at the University of Sheffield. Prof. Shukla and Dr Wang will be speaking at the Centre’s annual conference on 11 April 2020. All welcome.
We are delighted to announce a new publication by a Fellow of the Cyprus Centre for Business Research, Dr Nektarios Michael. Congratulations to Dr Michael and to his co-author Dr Konstantinos Melas (UCLAN). You can read their article ‘A Cointegrating Stock Trading Strategy: Application to Listed Tanker Shipping Companies’ here.
The Cyprus Research for Business Research proudly announces the joining of and active participation in the Project COBENET, a cooperation of European Universities under the ERASMUS+ Programme Action 3 , Knowledge Alliance. Knowledge Alliances are transnational, structured and result-driven projects between higher education and business. Knowledge Alliances are open to any discipline, sector and to cross-sectoral cooperation. The partners share common goals and work together towards mutually beneficial results and outcomes. The results and expected outcomes are clearly defined, realistic and address the issues identified in the needs analysis. Knowledge Alliances are meant to have a short and long-term impact on the wide range of stakeholders involved, at individual, organizational and systemic level. As a general rule, Knowledge Alliances target the cooperation between organizations established in Programme Countries. However, organisations from Partner Countries can be involved in a Knowledge Alliance, as partners (not as applicants), if their participation brings an essential added value to the project. For more information, please see here.
The Cyprus Centre for Business Research organises annually an international conference bringing together leading academics from Cyprus and abroad. The conference is one of the most important academic events held in Cyprus. Attracting world class researchers, mainly based in Europe, the conference provides for all attendees a friendly and supportive environment in which to receive feedback, share ideas, and generate collaboration.
The 4th annual conference of the Centre will take place at CIM Nicosia premises on Saturday, 25 September 2021.
The conference will run under the general title “Powering the Future”.
Paper submission is now open. The deadline for submission of anonymous manuscripts for inclusion in the conference is 28 June 2021.
For the full Call for Papers, please see here.
With its aim that of engendering and supporting research, the Cyprus Centre for
Business Research offers a number of Fellowships. We welcome individuals engaged in
research to apply for a fellowship.
CIM Master students working on their dissertations have the opportunity to work with one of our Fellows under one of the Centre’s research clusters. There is only a limited amount of spaces and the selection of students is highly competitive.
The areas supported by the Centre for this scheme are the following:
Dr Roman Puchkov (email@example.com): energy markets & economics; global energy consumption; shipping market cycles; business strategy, expatriation and MNCs; quantitative analysis of statistical data with use of IBM SPSS
Dr Georgia Thrasyvoulou (firstname.lastname@example.org): design of environments and work; team-groups, teambuilding theories; organisational change and stress management; training planning and implementation; counselling and personal development; ergonomics/ human machine interaction
Dr Katerina Pavlou (email@example.com): attention deficit, anxiety and stress in the workplace; personality and employee behaviour; employee and organisation relationships
Dr Evie Michaelides (firstname.lastname@example.org): employees’ well-being (embitterment in the workplace, burnout, fatigue); recovering from work (work-related rumination)
Dr Maria Socratous (email@example.com): management & gender culture; human resource development; global management/marketing
Dr Maria Charalambous (firstname.lastname@example.org): remote e-working and its impact on wellbeing; work/life balance experiences; employee resilience; technology use and its impact on switching off from work; bullying and counterproductive work behaviours
The call for applications is now closed. The next round of applications will open in November 2021.