Montpellier Business School

Dr. Aytac Beysül

Aytac Beysül
Fonction Assistant Professor
Research themes Finance, Wine investment, herding behaviour, informational efficiency
Teaching department Finance & accounting

Tél: +33 (0)46710262

Short Bio

Dr. Beysül Aytaç, Assistant Professor in Finance, joined Montpellier Business School in September 2011. She holds a PhD in Finance (2010: IAE of Aix-en-Provence Graduate School of Management, University of Aix-Marseille 3, France). During her PhD, she was visiting scholar at the University of Melbourne, Australia. Her topics of research are the herding behavior and informational efficiency on emerging stock markets. Since 2013, her research interests extend to the field of wine and particularly wine as a financial asset, local wine clusters in Languedoc-Roussillon region and wine family business. She has presented her work in French and international conferences such as American Association of Wine Economists, European Association of Wine, AFFI (French Finance Association), IFC (International Finance Conference) or EMFE (Emerging Markets: Finance and Economics Conference). She has published two papers in ranked national and international journals (Revue des Sciences de Gestion, Research in International Business and Finance) and several books.

Selected intellectual contributions

Aytaç B., Hoang T., Lahiani, A. & Michel L. 2020. Working capital management and profitability of wine firms in France: An empirical analysis. International Journal of Entrepreneurship and Small Business, 41(3), 368-396. [DOI: 10.1504/IJESB.2020.110803] Aytaç B. & Mandou C. 2018. Un management heureux et performant ! Le management 3.0 en pratique. Bruxelles, De Boeck. Granata J., Aytac B. & Roubaud D. 2019. Innovation developments in the wine industry: a journey from the amphorae of old to the California wine cluster, International Journal of Entrepreneurship and Small Business, Special Issue on Innovation in the Wine Industry, 36(3): 249-255. Aytac B., Coqueret G. & Mandou C. 2018. Herding behavior among wine investors. Economic Modelling, 68: 318-328. Aytac B., Hoang T.H.V. & Mandou C. 2016. Wine: To drink or invest in? A study of wine as an investment asset in French portfolios. Research in International Business and Finance, 36: 591-614. Aytaç B. & Mandou C. 2015. Investissement et financement de l'entreprise. Bruxelles, De Boeck. Aytaç B., Hoang T.H.V. & Mandou C. (Eds.). 2014. Le management du vin. Entre terroir et mondialisation, une filière en pleine mutation. Bruxelles, De Boeck. Andrieu G., Aytac B., Hoang T.H.V., Li L., Roubaud D. & Mandou C. 2013. Les innovations en finance. In A. Jaouen & F. Le Roy (Eds.), L’innovation managériale: 59-90. Paris, Dunod. Aytaç B. & Mandou C. (Eds). 2013. Comptabilité générale de l’entreprise. Instruments et procédures. Bruxelles, De Boeck.


Since 2013: General Accounting 1 & 2 (MBS Bachelor Program) 2013-2017: Corporte Finance (MBS Bachelor Program) 2014-2015: Islamic Finance (MBS Master Program) 2012-2013 : Corporte Finance (MBS MBA Program) 2011-2014 : Strategic Finance (MBS Master Program)

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