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Tanakorn Likitapiwat

ธนากร ลิขิตาภิวัฒน์
Assistant Professor

Joined : Oct/2010
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Areas of Interest

Investment; Market Microstructure; Behavioral Finance


  • Doctor of Philosophy, Finance, University of Memphis, USA, 2009
  • Master of Business Administration, Finance, Chulalongkorn University, 2004
  • Bachelor of Engineering, Electrical Engineering, Chulalongkorn University, 1996

Employment History

  • Assistant Professor, 2017 - Present
  • Lecturer in Finance, Faculty of Commerce and Accountancy, Chulalongkorn University, 2010 - Present

Refereed Publications

  • Journal of Applied Economic Sciences, 2016, 11(2), 241-256, "Market Segmentation in Developing Markets Evidence from Thai Non-Voting Depository Receipts": Tanakorn Likitapiwat (with William F. Johnson)
  • International Journal of Psychological Research, 2015, 8, 109-118, "Examining materialistic values of university students in Thailand": Tanakorn Likitapiwat (with Wilailuk Sereetrakul, Saovapa Wichadee)
  • Research in Education, 2013, 90, 68-81, "Gender Differences in Saving and Spending Behaviours of Thai Students": Tanakorn Likitapiwat (with Wilailuk Sereetrakul, Siriwan Wongveeravuti)
  • Journal of Financial and Quantitative Analysis, 2012, 47, 1303 - 1330, "Information content of earnings announcements: Evidence from after hours trading": Tanakorn Likitapiwat (with Christine X. Jiang, Thomas H. McInish.)
  • Journal of Applied Economic Sciences, 2012, 4(12), 380-390, "Intraday Price Discovery in Emerging Equity Market: Analysis of Set50 Index, Set50 Index Futures and THAIDEX Set50 (TDEX)": Tanakorn Likitapiwat (with Julaluck Choochuay, Chiraphol N Chiyachantana)
  • Journal of Air Transport Management, 2012, 18, 59-63, "The Impact of Low Cost Airline Entry on Competition, Network Expansion, and Stock Valuations": Detzen, D., Jain, P.K., Likitapiwat, T., Rubin, R.

Other Publications

  • Nida Business Journal, 2018, 23, 136 - 162, "Sell on the News, Differences of Investor Opinion, Short-Sales Constraints and Returns Around Earnings Announcements: Evidence from the Stock Exchange of Thailand": Tanakorn Likitapiwat
  • Chulalongkorn Business Review, 2017, 153, 1-19, "Roles of Algorithmic Trading and Market Liquidity": Tanakorn Likitapiwat

Working Papers

  • "Algorithmic Trading in an Emerging Market: Empirical Study on the Stock Exchange of Thailand": Tanakorn Likitapiwat


Number Name
2604333 Money and Capital Markets
2604477 International Financial Management
2604656 Money Markets and Capital Markets
2604667 Market Microstructure