Research areas

Analyst forecasting; Corporate payout policy.

Biography

Jo Drienko is an Associate Professor of Finance, and Deputy Director (Education) for the Research School of Finance, Actuarial Studies and Statistics. Jo’s research interests span market microstructure, analyst forecast accuracy, and corporate payout policy. His work has been published in esteemed outlets including the Financial Analysts Journal, the Journal of Banking and Finance, the Journal of Corporate Finance and the Critical Finance Review.

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Grants

Research School Cross-Disciplinary Grant

Vice-Chancellor’s Teaching Enhancement Grant

Accounting and Finance Association Research Grant

American Finance Association Conference Grant

Publications

Drienko, J., Gao, C., Liu, Y., 2026. A skew is a skill: Portfolio skewness of mutual fund holdings. Journal of Empirical Finance 85, 101687.

Drienko, J., Grundy, B., von Reibnitz, A., Warren, G., 2025. Excess return profiles for stocks purchased by active equity managers. Financial Analysts Journal 81(3), 150-175.

Drienko, J., Katselas, D., Xu, H., 2024. A portfolio-level, sum-of-the-parts approach to return predictability. Journal of Empirical Finance 78, 101525.

Drienko, J., Sault, S.J., Wong, W.H., 2024. Do rights matter? An intraday analysis of rights issues in Australia. Accounting and Finance 64(2), 1311-1333.

Drienko, J., Khorsand, B., 2023. Dividend hibernation and future earnings: When no dividend news is good news. Journal of Corporate Finance 83, 102502.

Drienko, J., Smith, T., von Reibnitz, A., 2019. A review of the return-illiquidity relationship. Critical Finance Review 8(1), 127-171.

Drienko, J., Sault, S.J., von Reibnitz, A., 2017. Company responses to exchange queries in real time. Pacific-Basin Finance Journal 45, 116-141.

Drienko, J., Sault, S.J., 2013. The intraday impact of company responses to exchange queries. Journal of Banking and Finance 37(12), 4810-4819.

Drienko, J., Sault, S.J., 2011. The impact of company responses to exchange queries on the Australian equity market. Accounting and Finance 51(4), 923-945.

Research engagement

Service roles at ANU

• RSFAS Deputy Director (Education)
• University Appeals Panel Member
• Senior Fellow and Assessor, Higher Education Academy

Teaching

Foundations of Finance (FINM1001, FINM7006)

Corporate Finance (FINM2001)

Corporate Valuation (FINM3005, FINM6005)