I would like to thank Dr. Michael Hopkins despite his busy schedule he spared his precious time for this interview and helped me and other students gain insights about his research methods.
Please tell us a little bit about yourself?
Dr. Michael Hopkins started as a consultant for a small business in his early career. He persued a PhD in Entrepreneurial Finance / Equity Funding. He is currently assigned at north Sydney campus, teaching as a lecturer in finance with research interests in entrepreneurial finance and behavioural finance. He has also attained a Masters in Research Methods.
What kind of research have you conducted?
He has helped conduct many researches mainly in the areas of venture capitalists, private equity, and limited liability companies. What it means is that he has helped companies complete their Initial Public Offering (IPO) or stock market launch. IPO is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. This process transforms a private company into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises.
In simple words this helps Private companies turn Public, to help them enhance their background with the use of Equity Financing and then list them as public companies on the stock exchange.
How has it benefited others?
He has previously teamed up with AUCAL– (Australian Venture Capitalist Association Ltd.) and with his unique research finding; he fed back to the industry how companies can improve their ROI? (Return on Investment) And also how they could apply these findings in practicality?
This also helps Increasing exposure, prestige, and public image for the company, attracting and retaining better management and employees through liquid equity participation. Furthermore creates multiple financing opportunities: equity, convertible debt, cheaper bank loans, etc.
In short this has helped companies to get more investors; it also reduces the risk of buyers and makes a huge difference in the financial aspect of business.
How can students relate to it?
I hope my research helps current and future business students. It will also help them become self-aware and question the text in the books. The main aim would be to enable the students to utilise the findings and reduce the gap between theories learned in lectures, and combine them with practical knowledge; with that being said many students face the dilemma of not being able to incorporate the theories learned in class to the practical world.
This particular research is based on practical scenarios and has had taken place previously. So this situation might arise again so henceforth this research could be potentially used for problem solving.
Are you currently working on any future research projects?
He is currently working / researching with ACU’S RST (Research Support Team) on developing a Non-profit management certificate program for future students which might be offered to Undergraduates or postgraduate students as a part of their course.
ACU’s staff members / lecturers are constantly developing new research methods and insight to make students cope better and equip them with necessary skills to have a knowledgeable understanding of practical work environments.