A/Prof. Bill Dimovski

STAFF PROFILE

Position

Associate Professor

Faculty

Faculty of Business and Law

Department

BL Deakin Business School

Campus

Geelong Waterfront Campus

Contact

bill.dimovski@deakin.edu.au
+61 3 522 72560

Research interests

Corporate Finance

Initial Public Offerings

Seasoned Equity Offerings

Real Estate Investment Trusts

Property Investment and Finance

Teaching interests

Financial Modelling

Corporate Finance

Advanced Corporate Finance

Units taught

Financial Modelling

Corporate Finance

Advanced Corporate Finance

Fundamentals of Finance

Publications

Filter by

2017

Long-Term post-merger announcement performance. A case study of Australian listed real estate

C Ratcliffe, W Dimovski, M Keneley

(2017), Vol. 57, pp. 855-877, Accounting & Finance, C1

journal

Another piece of the puzzle: REIT IPO underpricing after the financial crisis

C Ratcliffe, W Dimovski, M Keneley

(2017), Vol. 35, pp. 264-276, Journal of Property Investment & Finance, Bingley, Eg., C1

journal

The performance of REIT acquirers in the post-merger period

C Ratcliffe, W Dimovski, M Keneley

(2017), pp. 1-27, Journal of real estate portfolio management, Clemson, S.C., C1

journal
2016

Australian real estate management and development companies and women directors

W Dimovski, L Lombardi, C Ratcliffe, B Cooper

(2016), Vol. 34, pp. 18-28, Property management, Bingley, Eng., C1

journal

Differences in underpricing of A-REIT IPOs and Australian property company IPOs

B Dimovski

(2016), Vol. 34, pp. 107-115, Journal of property investment & finance, Bingley, Eng., C1

journal
2015

The direct costs of A-REIT IPOs

William Dimovski

(2015), Vol. 33, pp. 196-204, Journal of property investment and finance, Bingley, Eng., C1

journal

Sustainability, A-REITs and the global financial crisis

B Dimovski, L O'Neill

(2015), Vol. 21, pp. 51-59, Pacific rim property research journal, London, Eng., C1

journal

The underpricing of infrastructure IPOs: Evidence from China

Q Tan, W Dimovski, V Fang

(2015), Vol. 18, pp. 150025-1-1550025-31, Review of Pacific Basin Financial Markets and Policies, Singapore, Asia, C1

journal
2014

Women directors and Australian REIT performance

B Dimovski, L Lombardi, C Ratcliffe, B Cooper

(2014), Vol. 20, pp. 3-11, Pacific rim property research journal, Sydney, NSW, C1

journal

Market discounts and shareholder benefits evidence from Australian REIT private placements

C Ratcliffe, B Dimovski

(2014), Vol. 32, pp. 570-588, Journal of property investment & finance, Bingley, England, C1

journal

The long term performance of Australian REIT IPOs

Shaun Stevenson, W Dimovski

(2014), Vol. 20, pp. 151-165, Journal of real estate portfolio management, Clemson, SC, C1

journal
2013

Initial public offerings of energy companies

B Dimovski

(2013), pp. 235-250, Energy economics and financial markets, Berlin, Germany, B1

chapter

Underpricing of infrastructure of IPOs: evidence from India

M Ritchie, W Dimovski, S Deb

(2013), Vol. 30, pp. 24-46, Journal of property research, Oxon, Eng., C1

journal

Women directors on boards of Australian Real Estate Investment Trusts

W Dimovski, L Lombardi, B Cooper

(2013), Vol. 31, pp. 196-207, Journal of property investment and finance, Bingley, England, C1

journal

A-REIT rights issues

B Dimovski

(2013), Vol. 31, pp. 223-236, Journal of property investment and finance, Bingley, England, C1

journal

An investigation into the drivers of Australian REIT merger and acquisition announcements

C Ratcliffe, B Dimovski

(2013), Vol. 31, pp. 441-461, Journal of property investment and finance, Bingley, England, C1

journal
2012

The level of representative underwriting and the underwriting costs of REIT SEOs

R Bairaji, B Dimovski

(2012), Vol. 30, pp. 18-41, Journal of property investment & finance, Bingley, England, C1

journal

REIT mergers and acquisitions : a meta-analysis

C Ratcliffe, W Dimovski

(2012), Vol. 30, pp. 241-256, Journal of property investment and finance, Bingley, England, C1

journal

Determinants of capital structure of A-REITS and the global financial crisis

P Zarebski, B Dimovski

(2012), Vol. 18, pp. 3-19, Pacific rim property research journal, Sydney, N.S.W., C1

journal

Characteristics of A-REIT private placements during the global financial crisis

B Dimovski, L O'Neill

(2012), Vol. 18, pp. 180-190, Pacific rim property research journal, Sydney, N.S.W., C1

journal

The direct costs of raising equity capital by renounceable rights issues in Australia

K Warren, K Warren, W Dimovski, W Dimovski

(2012), pp. 14-19, JASSA : Finsia's quarterly journal of applied finance, Sydney, N.S.W., C1

journal

The direct costs of raising external equity capital for US REIT IPOs

R Bairagi, W Dimovski

(2012), Vol. 30, pp. 538-562, Journal of property investment and finance, Bingley, England, C1

journal

A-REIT bidder returns : an evaluation of public and private targets and method of payment

C Ratcliffe, B Dimovski

(2012), Vol. 18, pp. 355-369, Pacific rim property research journal, Sydney, N. S. W., C1

journal
2011

The pricing of infrastructure initial public offerings : evidence from Australia

W Dimovski

(2011), Vol. 28, pp. 3-14, Journal of property research, Abingdon, England, C1

journal

A duration analysis of the time from prospectus to listing for A-REIT IPOs

W Dimovski, C Ratcliffe

(2011), Vol. 17, pp. 3-19, Pacific rim property research journal, Sydney, N.S.W., C1

journal

The underpricing of US REIT IPOs : 1996-2010

R Bairagi, W Dimovski

(2011), Vol. 28, pp. 233-248, Journal of property research, Abingdon, England, C1

journal

Underwriter reputation and underpricing : evidence from the Australian IPO market

W Dimovski, S Philavanh, R Brooks

(2011), Vol. 37, pp. 409-426, Review of quantitative finance and accounting, Secaucus, N.J., C1

journal

Characteristics of A-REIT and listed property company rights issues

W Dimovski

(2011), Vol. 17, pp. 357-369, Pacific rim property research journal, Sydney, N.S.W., C1

journal
2010

The underpricing of A-REIT IPOs in Australia during 2002 to 2008

W Dimovski

(2010), Vol. 16, pp. 39-51, Pacific rim property research journal, Sydney, NSW, C1

journal

Consolidation within the Australian real estate investment trust sector : an evaluation of the impact on unitholder returns

C Ratcliffe, W Dimovski, M Keneley

(2010), Vol. 26, pp. 283-307, Journal of property research, Abingdon, England, C1

journal

Underpricing, risk management, hot issue and crowding out effects : evidence from the Australian resources sector initial public offerings

H Nguyen, W Dimovski, R Brooks

(2010), Vol. 13, pp. 333-361, Review of Pacific Basin financial markets and policies, Singapore, C1

journal
2009

A duration analysis of the time from prospectus to listing for Australian initial public offerings

R Brooks, T Fry, W Dimovski, S Mihajilo

(2009), Vol. 19, pp. 183-190, Applied financial economics, London, England, C1

journal

Exploratory study into the accountancy firms chosen by industrial company IPOs in Australia from 1994 to 2004

L Lombardi, W Dimovski

(2009), Vol. 5, pp. 213-224, Contemporary management research, Taiwan, Republic of China, C1

journal

Characteristics of listed property trust initial public offerings in Australia 1994 to 2008

B Dimovski

(2009), pp. 149-153, Australia and New Zealand property journal, Deakin, A.C.T, C1

journal

The global financial crisis and the centro properties group earnings revision and refinancing announcements : an event study

W Dimovski

(2009), Vol. 15, pp. 417-429, Pacific rim property research journal, Sydney, N.S.W., C1

journal
2008

The underpricing of gold mining initial public offerings

W Dimovski, R Brooks

(2008), Vol. 22, pp. 1-16, Research in international business and finance, Amsterdam, The Netherlands, C1

journal

Analysis of IPO dividend forecasts for Australian LPTs

W Dimovski

(2008), Vol. 14, pp. 150-160, Pacific rim property research journal, Sydney, N.S.W., C1

journal

The pricing and underwriting costs of Japanese REIT IPOs

K Kutsuna, W Dimovski, R Brooks

(2008), Vol. 25, pp. 221-239, Journal of property research, London, England, C1

journal
2007

Factors influencing the direct costs of property trust IPOs

B Dimovski, R Brooks

(2007), Vol. 13, pp. 2-15, Pacific rim property research journal, Ultimo, N.S.W., C1

journal

The costs of raising equity capital for closed-end fund IPOs

W Dimovski, R Brooks, A Eekelen

(2007), Vol. 3, pp. 295-299, Applied financial economics letters, London, England, C1

journal

Differences in underpricing returns between REIT IPOs and industrial company IPOs

W Dimovski, R Brooks

(2007), Vol. 5, pp. 215-225, Advances in quantitative analysis of finance and accounting, Singapore, C1

journal

The responsiveness of LPT returns and their attributes

C Ratcliffe, W Dimovski

(2007), Vol. 13, pp. 280-297, Pacific Rim property research journal, Sydney, N.S.W., C1

journal

Professional accounting qualifications of audit committee membership : implications for curriculum and learning

C Kelly, W Dimovski

(2007), Vol. 14, pp. 97-101, International journal of learning, Altona, Vic., C1

journal

Do MBA degrees matter? A study of boards of directors in Australia's top 200 companies

E Manning, W Dimovski

(2007), Vol. 14, pp. 1-5, International journal of learning, Altona, Vic., C1

journal
2006

The gender composition of boards after an IPO

W Dimovski, R Brooks

(2006), Vol. 6, pp. 11-17, Corporate governance, Bingley, England, C1

journal

The pricing of property trust IPOs in Australia

W Dimovski, R Brooks

(2006), Vol. 32, pp. 185-199, Journal of real estate finance and economics, New York, N.Y., C1

journal

The costs of raising equity capital by Australian property trust initial public offerings

W Dimovski

(2006), Vol. 12, pp. 162-177, Pacific rim property research journal, Sydney, N.S.W., C1

journal

Factors influencing money left on the table by property trust IPO issuers

W Dimovski, R Brooks

(2006), Vol. 23, pp. 269-280, Journal of property research, London, England, C1

journal

Intangible assets and the underpricing of industrial company initial public offerings

W Dimovski, R Brooks

(2006), Vol. 6, pp. 67-73, International journal of knowledge, culture and change management, Altona, Vic., C1

journal

Stakeholder and gender characteristics of mining and energy IPO boards of directors

W Dimovski, R Brooks

(2006), pp. 103-114, Enhancing corporate accountability : prospects and challenges : conference proceedings, Novotel Hotel, Melbourne, Vic., E1

conference
2005

Dividend forecasts and dividend payments of initial public offerings-when zero means zero and no comment most likely also means zero

W Dimovski, R Brooks

(2005), Vol. 1, pp. 139-141, Applied financial economics letters, London, England, C1

journal

The gender composition of boards of property trust IPOs in Australia from 1994 to 2004

W Dimovski, R Brooks

(2005), Vol. 11, pp. 200-210, Pacific Rim property research journal, Sydney, N.S.W., C1

journal

Putting their money where their mouth is: the importance of shareholder directors post listing

W Dimovski, R Brooks

(2005), Vol. 18, pp. 34-39, Accounting research journal, Melbourne, Vic., C1

journal

The importance of intangible assets in initial public offerings

W Dimovski, R Brooks

(2005), Vol. 4, pp. 1505-1509, International journal of knowledge, culture and change management., Altona, Vic., C1

journal

The gender composition of boards of property trust initial public offerings

W Dimovski, R Brooks

(2005), pp. 1-11, PRRES Conference 2005 proceedings, Melbourne, Vic., E1

conference

Characteristics and underpricing of Australian mining and energy IPOs from 1994 to 2001

W Dimovski, R Brooks

(2005), pp. 1-17, 3rd Financial Markets Asia-Pacific Conference 2005, Sydney, New South Wales, E1

conference
2004

Stakeholder representation on the boards of Australian initial public offerings

W Dimovski, R Brooks

(2004), Vol. 14, pp. 1233-1238, Applied financial economics, London, England, C1

journal

The importance of audit committees in initial public offerings

W Dimovski, C Kelly

(2004), Vol. 1, pp. 7-11, ICFAI journal of audit practice, Hyderabad, India, C1

journal

Initial public offerings in Australia 1994 to 1999, recent evidence of underpricing and underperformance

W Dimovski, R Brooks

(2004), Vol. 22, pp. 179-198, Review of quantitative finance and accounting, Amsterdam, The Netherlands, C1

journal

Do you really want to ask an underwriter how much money you should leave on the table?

W Dimovski, R Brooks

(2004), Vol. 14, pp. 267-280, Journal of international financial markets, institutions and money, Binghamton, NY., C1

journal

Promise more, leave less

W Dimovski, R Brooks

(2004), Vol. 3, pp. 5-9, International journal of knowledge, culture and change management, Altona, Vic., C1

journal

The characteristics of property trust IPOs in Australia

W Dimovski, R Brooks

(2004), pp. 1-13, AIBF : 9th Banking and Finance Conference : challenges in banking and finance, Melbourne, Vic., E1

conference

Board composition changes after an initial public offering

W Dimovski, R Brooks

(2004), pp. 1-14, Proceedings of the Emerging Financial Markets & Services Asia-Pacific Conference, Sydney, N.S.W., E1

conference

Hot issues, new economy stocks and Australian industry IPO returns in the late 1990s

R Brooks, W Dimovski

(2004), Vol. 3, pp. 1-4, International journal of knowledge, culture and change management, Altona, Vic., C1

journal
2003

Financial characteristics of Australian initial public offerings from 1994 to 1999

W Dimovski, R Brooks

(2003), Vol. 35, pp. 1599-1607, Applied economics, United Kingdom, C1

journal

Funded Projects at Deakin

Other Public Sector Funding

Whitehorse Business Performance and Monitor Survey 2017

Dr Scott Salzman, Dr Craig Parker, A/Prof Bill Dimovski, Prof Barry Cooper, Dr Nicholas Mcclaren

  • 2017: $8,000

Industry and Other Funding

Social Entrepreneurship within NFP Sector - Geelong

Prof Nava Subramaniam, A/Prof Bill Dimovski

  • 2014: $10,000

Supervisions

Principal Supervisor
2015

Christopher Joseph Ratcliffe

Thesis entitled: The Market for Corporate Control: The Case of Australian Listed Property

Doctor of Philosophy, Department of Finance

2014

Paul Zarebski

Thesis entitled: AGENCY ISSUES SURROUNDING A-REITS AND THE GLOBAL FINANCIAL CRISIS

Doctor of Philosophy, School of Accounting, Economics & Finance

2012

Ranajit Bairagi

Thesis entitled: Costs of Raising Equity Capital for U.S. REITs.

Doctor of Philosophy, School of Accounting, Economics & Finance