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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

  • Property Finance and Investment
  • Principles of Property

Units taught

  • Financial Modelling
  • Corporate Finance
  • Advanced Corporate Finance
  • Fundamentals of Finance

Professional activities

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 Brookes

(2004), Geelong, Vic., 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