profile image

Tanakorn Likitapiwat

ธนากร ลิขิตาภิวัฒน์
Assistant Professor

Joined : Oct/2010
Email :

  Download CV

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
2604332 Investment
2604333 Money and Capital Markets
2604334 Principle of Equity Analysis
2604361 Business Finance
2604477 International Financial Management
2604656 Money Markets and Capital Markets
2604667 Market Microstructure