About
Renatas Kizys is an Associate Professor in Finance at the University of Southampton Business School.
Research
Research groups
Research interests
- Asset pricing
- Biodiversity finance
- ESG
- Energy economics and finance
- Environmental economics finance
Current research
Renatas’ research interests cover a broad spectrum of topics under the umbrella of sustainable finance, with particular emphasis on asset pricing, ESG/non-financial performance, and biodiversity-related financial risks, and the role of policy signals in shaping financial markets. He examines how sustainability considerations - such as climate-related risks, nature degradation, and environmental regulation - are reflected in asset prices, portfolio allocation, and corporate behaviour, including the dynamics between green and brown investments. His work also contributes to the literature on corporate governance, particularly the role of board diversity in shaping ESG performance and risk outcomes. Recent research explores the development of ESG scoring methodologies, the interaction between supply chain networks and sustainability performance, and financial market responses to policy-related announcements.
Renatas welcomes applications to undertake PhD research study broadly related to, but not restricted to, any of the above areas. Excellent candidates are encouraged to email Renatas informally discuss their research plans before they apply for our PhD Programme.
Renatas’ doctoral students have embarked on successful careers at Durham University, University of Portsmouth, University of Sussex, Yorkshire Building Society, Tianjin University of Commerce, China, as well as Africa Centre for Energy Policy, Ghana, among others.
Publications
Teaching
Renatas teaches on a variety of modules, including MANG6008 Quantitative Research in Finance (Level 7) and MANG6296 Advanced Corporate Finance (Level 7). He also leads MANG6547 Banking, Finance and Risk Dissertation (Level 7).
Biography
Dr Renatas Kizys is an Associate Professor in Finance within the University of Southampton Business School, UK. He has also been Deputy Head (Research) of Department of Banking and Finance. Renatas received BA and MA degrees in Economics from the University of Vilnius, Lithuania, and MSc and PhD in Economics from the University of Alicante, Spain. Renatas further honed his expertise through the Advanced Studies Program in International Economic Policy Research at the Kiel Institute for the World Economy in Germany.
His academic journey has taken him across the globe. Prior to joining the University of Southampton Business School, Renatas dedicated eight years to the University of Portsmouth, UK, where he held multiple key positions. This included serving as a Reader in Finance, fulfilling the role of Interim Head of the Economics and Finance Subject Group, and overseeing research degree coordination in the Faculty of Business and Law.
Renatas has a rich international experience, with three and a half years as an Assistant Professor at the Technological Institute of Monterrey in Mexico, and a distinguished P.K. Woolley Research Fellowship at the University of York, UK. He has also held Visiting Academic positions in China, Germany, Indonesia, Italy, Lithuania, and Spain.
Renatas has contributed to diverse areas such as asset pricing, biodiversity finance, energy economics and finance, environmental economics and finance, financial markets and the macroeconomy, financial risk, portfolio management, and sustainable finance. His research, published in renowned academic journals, has garnered over 4,700 citations. Renatas has held editorial positions in esteemed academic journals, including serving as a Guest Editor for Energy Economics, Energy Policy, Finance Research Letters, International Journal of Finance and Economics, International Journal of Accounting, Banking and Finance, Journal of Economic Behavior and Organization, Sustainable Production and Consumption, and as an Associate Editor or Editorial Member for journals such as Modern Finance, Bulletin of Economic Research, European Journal of Management and Business Economics, International Journal of Governance and Financial Intermediation, and Journal of Research in Emerging Markets.