Staff profile

Professor Amalia

Professor Amalia Di Iorio

Associate Pro Vice-Chancellor (Academic Partnerships)

College of Arts, Social Sciences and Commerce

La Trobe Business School

Melbourne (Bundoora)

Qualifications

Doctor of Philosophy, RMIT University, 2002, Post-graduate studies in finance (non-award), University of Melbourne, 1994 Bachelor of Business in Accountancy (with Distinction), RMIT University, 1991 Diploma of Applied Science in Medical Radiography (with Distinction), RMIT University, 1982

Role

CollegeAcademic

Area of study

Business

Brief profile

 

Teaching Awards

  • 2010: OUA Nova Teaching Awards – Postgraduate Category
  • 2009: National Finalist – Lecturer of the Year (in recognition of teaching excellence) Sponsored by UniJobs
  • 2007: Citation for Outstanding Contributions to Student Learning (a national awarded by the Australian Learning and Teaching Council, Australia
  • 2007: RMIT University Teaching Award for Outstanding Contribution to Teaching (Category: Team Teaching)
  • 2007: RMIT School of Economics, Finance and Marketing Teaching Award (Good Teaching Scale Improvement Award – Postgraduate)
  • 2001: Faculty of Business Teaching Excellence Award - Student Centered Teaching – Higher Education
  • 2001: Certificate of Achievement (RMIT Teaching Award Scheme - Student Centered Teaching – Higher Education)

Research Awards

  • 2003: RMIT Research Awards "Linkage Grant Award" recipient for ARC Linkage Grant (LP0348473) "Liquidity Measurement and Risk Management in the Australian Insurance Industry.
  • 2001: “The Effect of Intervaling on the Foreign Exchange Exposure of Australian Stock Returns” published in the Multinational Finance Journal and nominated for Best Paper award.

Recent publications

 

Peer Reviewed Articles

Di Iorio, A. and Faff, R., (1998), “Extra-Market Exchange Rate Risk in the Australian Banking Sector: An International Market Model Perspective”, Accounting Accountability and Performance, 4(2), 107-119.

Di Iorio, A. and Faff, R., (1999), “An International Market Model and Exchange Rate Risk: Australian Evidence”, Applied Economics Letters, 6, 77-80.

Di Iorio, A. and Faff, R., (2000), “An Analysis of Asymmetry in Foreign Currency Exposure of the Australian Equities Market”, Journal of Multinational Financial Management, 10(2), 133-159.

Di Iorio, A. and Faff, R., (2001), “The Effect of Intervaling on the Foreign Exchange Exposure of Australian Stock Returns”, Multinational Finance Journal, 5(1), 1-33.

Di Iorio, A. and Faff, R., (2001), “A Test of the Stability of Exchange Rate Risk: Evidence from the Australian Equities Market”, Global Finance Journal, 12, 179-203.

Di Iorio, A. and Faff, R., (2001) “Foreign Exchange Exposure and Pricing in the Australian Equities Market: A Fama And French Framework”, Accounting Accountability and Performance, 7(2), 1-26.

Di Iorio, A. and Faff, R., (2002), “The Pricing of Foreign Exchange Risk in the Australian Equities Market.”, Pacific-Basin Finance Journal, 10(1), 77-95.

Wang, Y. and Di Iorio, A., (2007), “Are the China-related Stock markets segmented with both world and regional stock markets?” Journal of International Financial Markets, Institutions and Money, 17(3), 277-290

Wang, Y. and Di Iorio, A., (2007), "The cross section of expected stock returns in the Chinese A-share market" Global Finance Journal, 17(3), 335-349

Wang, Y. and Di Iorio, A., (2007), "The Cross-sectional Relationship between Stock Returns and Domestic and Global Factors in the Chinese A-share Market" Review of Quantitative Finance and Accounting, 29(2), pages 181-203

Brooks, R.D., Di Iorio, A., Faff, R. and Wang, Y., (2009) “Testing the Integration of US and Chinese stock markets in a Fama-French Framework” Journal of Economic Integration, 24(3), 435-454

Di Iorio, A., Cerotti, P. and J. Richardson, (2009), “The Preparation of Students for a Global Career: An Innovative Study Tour Program that provides an Equitable and Inclusive Learning Experience for Students that Advances the Development of their ‘Global Passport’” The International Journal of Learning, 16(4), 89-104.

Brooks, R.D., Di Iorio, A., Faff, R., Fry, T., and Joymungul, Y. forthcoming “Asymmetry and Time Variation in Exchange Rate Exposure – An Investigation of Australian Stock Returns” International Journal of Commerce and Management.

International textbook citations

“An Analysis of Asymmetry in Foreign Currency Exposure of the Australian Equities Market” is cited in

  • Moosa, I. International Finance: An Analytical Approach. (2nd ed) Sydney: McGraw-Hill. 2004, p 425
  • Moosa, I. International Finance: An Analytical Approach. (3rd ed) Sydney: McGraw-Hill. 2009, p 410 – 411

“The Effect of Intervaling on the Foreign Exchange Exposure of Australian Stock Returns” is cited in Sathye, M., L. Rose, L. Allen, and R. Weston. International Financial Management. Wiley: Australia, 2006, p 249

Unpublished Papers

Brooks, R.D., Dark, J., Di Iorio, A and Faff, R. “Modelling Time-varying Asymmetric Foreign Exchange Exposures: An Application to the Australian Stock Market.”

Taib, H. M., Di Iorio, A., Hallahan, T., and E. Bissoondoyal-Bheenick, “Do Announcements of Corporate Bond Rating Revisions Matter?”

Working papers

Di Iorio, A., Faff, R. and Sander, H “An Investigation of the Interest Rate Risk and Exchange Rate Risk of the European Financial Sector: Euro Zone versus Non-Euro Zone countries.”

Research projects

 

 

Di Iorio, A. and R. Russell “The Effect of the Global Financial Crisis on the Financial Management Behaviour of Women”

Di Iorio, A., Graham, M.A., Hallahan, T., and R. Heaney, “The role of R&D in Cross-Border Mergers & Acquisitions”

Di Iorio, A., Hallahan, T., Heaney, R. and V. Ramiah, “Application of Fundamental Indexation to Concentrated Australian Equity Market Portfolios”

Di Iorio, A., Graham, M.A., Hallahan, T., and R. Heaney, “The Characteristics and Performance of Listed Managed Investment Companies.”

Di Iorio, A., Hallahan, T., and V. Ramiah, “Risk Shifting Behavior in Malaysian Managed Funds – A Panel Data Analysis of Conventional and Islamic Funds”

Di Iorio, A., Hallahan, T., Kopanidis, F. and M. Reid, “Assessing the Impact of Consumer Services on the Australian Stock Market”

Research Funding

2002 - Awarded an ARC Linkage Grant of $59,838 with Assoc Prof Michael McKenzie and Mr RB Heeps representing Midwine Consulting, the industry partner.

2005 - Awarded a Research Grant of $15,000 from the Melbourne Centre for Financial Studies with Professor Robert Faff (Monash Universiy), Professor Robert Brooks (Monash University), Jonathan Dark (Monash Universiy), and Professor Tim Fry (RMIT University). Project - Modelling Time-Varying Asymmetric Foreign Exchange Exposures

2006 - Awarded a Research Grant of $12,000 from the Melbourne Centre for Financial Studies with Professor Richard Heaney (RMIT University), Associate Professor Terrence Hallahan (RMIT University), and Dr Norman Sinclair (RMIT University). Project - Fundamental Indexation Down Under: An Examination of the Performance of Non-Capitalization Weighted Indexation in the Australian Equity Market

2007 - Awarded a Research Grant of $19,000 from the Melbourne Centre for Financial Studies with Professor Richard Heaney (RMIT University), Associate Professor Terrence Hallahan (RMIT University), and Dr Michael Graham (RMIT University). Project – The Characteristics and Performance of Listed Managed Investment Companies.

2008 - Awarded a Research Grant of $25,000 from the Melbourne Centre for Financial Studies with Professor Richard Heaney (RMIT University), Associate Professor Terrence Hallahan (RMIT University), and Dr Michael Graham (RMIT University). Project – Synergistic Gains in the 21st Century – The Role of R&D in Australian Mergers.

2008 – Awarded an RMIT Learning and Teaching Innovation Fund grant of $32,589 with Dr Joan Richardson (School of Business Information Systems, RMIT University), Paul Cerotti (School of Business Information Systems, RMIT University), and John Pastoriza-Pinol (School of Business Information Systems, RMIT University). Project - The design and development of an innovative e-portal to disseminate and collaboratively improve academic and administrative study tour ‘best practice’.

2009 - Awarded an RMIT Business Research Grant Seed grant of $13,000 with Associate Professor Roslyn Russell (School of Economics Finance and Marketing). Project - “The Effect of the Global Financial Crisis on the Financial Management Behaviour of Women”

2009 – Awarded an EFM Research Grant of $5000 with Assoc Prof Terrence Hallahan, Prof Richard Heaney, Dr Foula Kopanidis, Assoc Prof Mike Reid (all team members are of the School of Economics Finance and Marketing). Project - Sharemarket Reaction to Product Recalls

2009 - Awarded a Research Grant of $3,000 from the Melbourne Centre for Financial Studies with Professor Richard Heaney (RMIT University), Assoc Prof David Higgins (RMIT University). Project – Investment in Real Estate

Conference Presentations

December 1997: “Extra-Market Exchange Rate Risk in the Australian Banking Sector: An International Market Model Perspective”, 10th Annual Australasian Finance and Banking Conference, Sydney, Australia.

July 1998: “An Analysis of Asymmetry in Foreign Currency Exposure of the Australian Equities Market”, Nippon Finance Association /Asia Pacific Finance Association First Joint International Conference, Tokyo, Japan.

July 1999: “A Test of the Stability of Exchange Rate Risk: Evidence from the Australian Equities Market”, 1999 European Financial Management Association (EFMA) Meeting, Paris, France.

July 1999: Presentation of PhD dissertation, Doctoral Student Seminar, 1999 European Financial Management Association (EFMA) Meeting, Paris, France.

July 1999: “A Test of the Stability of Exchange Rate Risk: Evidence from the Australian Equities Market”, Asia-Pacific Finance Association, 6th Annual Meeting, Melbourne, Australia.

June 2000 “The Effect of Intervaling on the Foreign Exchange Exposure of Australian Stock Returns” at the following conferences: 2000 European Financial Management Association (EFMA) Meeting, Athens, Greece

July 2000 “The Effect of Intervaling on the Foreign Exchange Exposure of Australian Stock Returns”, 2000 AAANZ Conference, Hamilton Island, Australia (July 2000)

June 2002: “Foreign Exchange Exposure And Pricing in the Australian Equities Market: A Fama And French Framework”, 2002 European Financial Management Association (EFMA) Meeting, London, UK.

July 2002: “Foreign Exchange Exposure And Pricing in the Australian Equities Market: A Fama And French Framework”, Multinational Finance Society, 9th Annual Conference, Paphos, Cyprus.

May 2005: “An Investigation of the Interest Rate Risk and Exchange Rate Risk of the European Financial Sector: Euro Zone versus Non-Euro Zone countries.” 4th Annual International Conference, Forecasting Financial Markets and Economic Decision-Making, The Warsaw Exchange Market & University of Lodz, Poland – presented by Robert Faff

June 2005: “An Investigation of the Interest Rate Risk and Exchange Rate Risk of the European Financial Sector: Euro Zone versus Non-Euro Zone countries.” 2005 European Financial Management Association (EFMA) Meeting, Milan, Italy.

July 2005: “An Investigation of the Interest Rate Risk and Exchange Rate Risk of the European Financial Sector: Euro Zone versus Non-Euro Zone countries.” Multinational Finance Society, 12th Annual Conference, Athens, Greece.

July 2006: “Modelling Time-Varying Asymmetric Foreign Exchange Exposures: An Application to the Australian Stock Market" 2006 European Financial Management Association (EFMA) Meeting, Madrid, Spain.

June 2007: "Testing the Integration of the US and Chinese Stock Markets in a Fama-French Framework" 2007 European Financial Management Association (EFMA) Meeting, Vienna, Austria.

November 2007: “The Development of Sustainable Study Tours Offering Unique Learning Opportunities for Undergraduate and Postgraduate Students that Address Internationalisation of the Student Learning Experience” , Forum Presentation, Partnerships For World Graduates Conference, RMIT University, Melbourne, Australia

November 2007: “Study Tours: Preparing Students for a Global Career”, Partnerships For World Graduates Conference, RMIT University, Melbourne, Australia

July 2008: “Modelling Time-Varying Asymmetric Foreign Exchange Exposures: An Application to the Australian Stock Market" 5th Conference of the Portuguese Finance Network, Coimbra, Portugal

July 2008: “Study Tours: Preparing Students for a Global Career”, Paris International Conference on Education, Economy & Society, Paris, France

July 2009: “Asymmetry and Time-Variation in Exchange Rate Exposure - An Investigation of Australian Stock Returns” 2009 European Financial Management Association (EFMA) Meeting, La Bocconi, Milan, Italy

Seminars & Presentations

December 2008: College of Business Poster Session “Engaging Students”

July 2008: Il Politecnico di Milano, Milan, Italy “Modelling Time-Varying Asymmetric Foreign Exchange Exposures: An Application to the Australian Stock Market”

April 2008: School of Global Studies, Social Science and Planning, RMIT University “Study Tours: Preparing Students for a Global Career”

September 2007: RMIT Learning and Teaching Scholarship Series “The development of sustainable study tours offering unique learning opportunities that address internationalisation of the student learning experience.”

January 2006: Aarhus School of Business, Aarhus, Denmark “An Investigation of the Interest Rate Risk and Exchange Rate Risk of the European Financial Sector: Euro Zone versus Non-Euro Zone countries.”

July 2005: Università degli studi di Bergamo, Bergamo, Italy “An Investigation of the Interest Rate Risk and Exchange Rate Risk of the European Financial Sector: Euro Zone versus Non-Euro Zone countries.”