Sorin Rizeanu

 Sorin Rizeanu
Position
Assistant Professor

Credentials

MSc Applied Statistics and Optimization, Bucharest University; IMBA, University of South Carolina; PhD in International Finance, University of South Carolina

Contact
Office: BEC 478

Expertise

• Firm and market mechanisms that maximize stakeholder value
• Ownership structure, concentration, identity, blockholders
• Firm’s debt and its structure
• Cash flow and managerial risk
• International institutions
• Exchange rates

Dr. Sorin Rizeanu joined the Gustavson School of Business in 2010 teaching managerial and international finance to graduate and undergraduate students.

Sorin’s research interests primarily focus on corporate governance and international finance, with the goal of assisting investors to better valuate firms and understand firms’ dynamics. His work has been published in the Contemporary Accounting Research, International Journal of Economics and Finance and Journal of Management and Governance.

His research includes analysis of the structure of a firm’s ownership, the quality of the external audit, firm’s cash flow, managerial strategy, taxation strategy, country institutional strength and its impact on firm valuation and debt maturities, among others. These are part of his interest in the larger set of corporate governance mechanisms, designed to prevent extraction, tunneling , derivation of large private fortunes at the expense of the providers of finance, often expropriated through pyramidal structures, political corruption and other firm or system embedded structures.

Before joining the University of Victoria, Sorin studied and taught at the Moore Business School at the University of South Carolina. He hails from Bucharest, Romania where he took his undergraduate and MSc degrees and worked in international sales, project management and management consulting.

Journal Publication

Completed/Published

El Ghoul, S., Guedhami, O., Pittman, J., & Rizeanu, S. (2015). Cross-Country Evidence on the Importance of Auditor Choice to Corporate Debt Maturity. Contemporary Accounting Research, 33(2), 718–751. https://doi.org/10.1111/1911-3846.12168

Chung, H., Majerbi, B., & Rizeanu, S. (2015). Exchange Risk Premia and Firm Characteristics. Emerging Markets Review, 22, 96–125. https://doi.org/10.1016/j.ememar.2015.01.002

Attig, N., El Ghoul, S., Guedhami, O., & Rizeanu, S. (2013). The Governance Role of Multiple Large Shareholders: Evidence from the Valuation of Cash Holdings. Journal of Management and Governance, 17(2), 419–451. http://dx.doi.org/10.2139/ssrn.2352651

Rizeanu, S., & Zhang, H. (2013). Exchange Rates and Portfolio Rebalancing: Evidence from Emerging Economies. International Journal of Economics and Finance, 5(2), 15–27.

Case Study

Completed/Published

Rizeanu, S. Mini-case: Valuation, DCF, Multiples, Wiley. Booth, Cleary and Rakita (2013), Third edition. online (2013).

Rizeanu, S. Mini-case: Capital Structure, Wiley. Booth, Cleary and Rakita (2013), Third edition. online (2013).

Rizeanu, S. Mini-case: WACC, Wiley. Booth, Cleary and Rakita (2013), Third edition. online (2013).

Rizeanu, S. Mini-case: The next ten years. Buy vs. Rent, Wiley: Booth, Cleary and Rakita (2013), Third Ed. online (2013).

Rizeanu, S. Mini-case: Replacement Decision, Wiley. Booth, Cleary and Rakita (2013), Third edition. online (2013).

Rizeanu, S. Mini-case: Portfolio Return and Risk, Wiley. Booth, Cleary and Rakita (2013), Third edition. online (2013).

Presentation

Completed/Published

Boubakri, N., Guedhami, O., & Rizeanu, S. (2017, June). Corporate Social Responsibility and Competition. 24th Annual Conference of the Multinational Finance Society. Bucharest, Romania.

Rizeanu, S., Guedhami, O., & El-Ghoul, S. (2016, December). Corporate Social Responsibility and Competition. 2016 Paris Financial Management Conference. Paris, France.

Rizeanu, S. (2016). Corporate Social Responsibility and Competition. Pipeline Palooza. UVic.

Rizeanu, S. (2015, Autumn). When do blockholders prefer long-term debt? Internation Evidence from SE Asia. International Finance and Banking Society. Oxford, UK.

Rizeanu, S. (2014, June). When do blockholders prefer long-term debt? Evidence from SE Asia. Academy of International Business Studies. Vancouver: AISB.

Rizeanu, S. (2014, April). When do blockholders prefer long-term debt? Evidence from SE Asia. International Conference on Accounting and Finance. Phuket.

Rizeanu, S. (2012). Debt Maturity and Auditor Quality. Department of Economics Research Seminar Series, UVic.

Rizeanu, S. (2011, December). Cross-Listings and National Culture. Cross Cultural Conference. Kona Hawaii.

Zhang, H., & Rizeanu, S. (2011, Autumn). Uncovered equity parity: evidence from emerging economies. Financial Management Association Annual Meeting. Las Vegas, USA.

Rizeanu, S. (2010, Autumn). Multiple Large Shareholders and the Value of Cash Holdings. Southern Finance Association. Asheville, NC: Southern Finance Association.

Rizeanu, S. (2010, August). Auditing Quality and Firm Debt Maturity: International Evidence. American Accounting Association Meeting. New York, NY: American Accounting Association.

Rizeanu, S. (2010, June). Auditing Quality and Firm Debt Maturity: International Evidence. International Symposium on Audit Research. Singapore, SG.

Rizeanu, S. (2009, Autumn). Auditing Quality and Firm Debt Maturity: International Evidence. Eastern Finance Association Meeting. Washington, DC: Eastern Finance Association.

Rizeanu, S. (2009, October). Multiple Large Shareholders and the Value of Cash Holdings. Financial Management Association Meeting. Reno, Nevada: Financial Management Association.

Rizeanu, S. (2009, June). Multiple Large Shareholders and the Value of Cash Holdings. Academy of International Business. San Diego, CA: Academy of International Business.

Rizeanu, S. (2009, June). Multiple Large Shareholders and the Value of Cash Holdings. European Financial Association Meeting. Milan, Italy: European Financial Association.

Rizeanu, S. (2009, March). Multiple Large Shareholders and the Value of Cash Holdings. International Finance Conference. Hammamet, Tunisa.

Rizeanu, S. (2008, Autumn). Auditing Quality and Firm Debt Maturity: International Evidence. Financial Management Association Meeting. Dallas, Texas: Financial Management Association.

Recognition & Awards

2013

Best Teacher Award, Commerce Student Society, UVic

2008

Second Prize Centennial Poster Contest, University of South Carolina

2005

Darla Moore Scholarship, University of South Carolina

2003

Ron Brown Scholarship, Ron Brown Scholar Fund/ Fulbright

Courses Taught
  • Managerial Finance (MBA)
  • International Finance Management (MGB)
  • Direct Studies: Management (BCom) 
  • Management Finance (BCom)