Curriculum Vitae
CURRENT APPOINTMENTS
Since 2016 Associate Professor of Finance, Imperial College Business School
Other appointments
Since 2016 Research Fellow, Centre for Economic Policy Research
Since 2017 Research Associate, European Corporate Governance Institute
Since 2010 Research Associate, Financial Markets Group, LSE
Since 2022 Associate Editor, Journal of Financial Intermediation
Since 2019 Associate Editor, Economic Letters
Since 2017 Associate Editor, Journal of Empirical Finance
Since 2019 Board Director - The Global Corporate Governance Colloquia (GCGC)
PREVIOUS POSITIONS
2014 - 2016 Assistant Professor, Department of Finance - Nova SBE
2010 - 2014 Assistant Professor, Department of Finance - W. P. Carey School of Business, Arizona State University
2009 - 2010 London School of Economics - Tutorial Fellow
2007 - 2010 Financial Markets Group - Research Assistant
2004 - 2010 ISCTE Business School (Lisbon) - Lecturer
2002 - 2004 ISCTE Business School (Lisbon) - Teaching Assistant
2002 - 2003 Borges, Macedo e Associados, SROC - Junior Financial Auditor
EDUCATION
2005-2010 PhD London School of Economics
Advisors: Antoine Faure-Grimaud, Daniel Ferreira and Denis Gromb
2002-2004 Master in Finance, ISCTE Business School (Lisbon)
1997-2002 Licenciatura (BA) in Business Administration, ISCTE Business School (Lisbon)
PUBLICATIONS
10. Indirect Costs of Financial Distress, with Emilia Garcia-Appendini and Miguel Ferreira. 2023, Review of Finance forthcoming
9. Supporting Small Firms Through Recessions and Recoveries, with Diana Bonfim and Clara Raposo, 2023, Journal of Financial Economics 147 (3): 658-688
8. CEO Compensation and Real Estate Prices: Pay for luck or pay for action?”, 2022, with Ana Albuquerque, Benjamin Bennett and Dragana Cvijanovic, Review of Accounting Studies (Forthcoming)
7. Are Chief Executive Officers More Likely to be First-borns?, 2020, with Stephan Siegel, PLoS ONE 15(6): e0234987
6. Do General Managerial Skills Spur Innovation? 2019, with Miguel Ferreira and Pedro Matos, Management Science 65 (2), 459-954
5. Financial Expert CEOs: CEO’s Work Experience and Firm’s Financial Policies, 2014, with Daniel Metzger, Journal of Financial Economics 114(1): 125-154
4. Mergers and Acquisitions Accounting and the Diversification Discount, 2014, Journal of Finance 69(1): 219-240
3. How do CEOs matter? The Effect of Industry Expertise on Acquisition Returns, 2013, with Daniel Metzger, Review of Financial Studies 26(8): 2008-2047
2. Generalists vs. Specialists: Lifetime Work Experience and CEO Pay, 2013, with Miguel Ferreira and Pedro Matos, Journal of Financial Economics 108(2): 471-492
1. Why are US firms using more short term debt, 2013, with Miguel Ferreira and Luis Laureano, Journal of Financial Economics 108(1): 182-212
INVITED TALKS
Alto University and Henken School of Economics (2018); Arizona State University (2010, 2019); Bath University (2020) Bank of Portugal (2018); Bank of Italy (2019), Birkbeck College (2017); Bristol University (2018); Boston College (2014); Cambridge University (2018), Cass Business School (2012, 2017, 2021); CEMFI (2021), European Central Bank (2023); EBRD (2019); Edinburgh University (2017); EINAUDI Rome (2019); Erasmus University Rotterdam (2019); ESSEC Paris (2020); Exeter University (2017); Fundacao Getulio Vargas – Sao Paulo School of Economics (2019), Goethe University (2021); IESE (2014); Imperial College (2014); Instituto de Empresa (2010, 2016); La Trobe University (2020); Lehigh (2021); London Business School (2010, 2022 scheduled); London School of Economics (2012, 2020); Maastricht University (2010); Norwegian School of Economics (2014); Notre Dame University (2010); Ohio State University (2011); Oxford University (2010, 2013); Queen Mary College (2010, 2014); Surrey Business School (2019), Stanford GSB (2010, 2014), Stockholm School of Economics (2018), Toulouse School of Economics (2019); Universita Bocconi (2016, 2019); University of Geneva – Swiss Finance Institute (2019); University of Groningen (2021); University of Glasgow (2020); Universidad Carlos III Madrid (2021); Universidad Pompeu Fabra (2010, 2015); University of Nottingham (2018), Universidade Nova de Lisboa (2010, 2020 - brownbag); University of Amsterdam (2021 to be re-scheduled); University of Arizona (2012); University of Colorado (2014); University of Piraeus (2017); University of Liverpool (2019); University of Mannheim (2014); University of Nottingham (2018); University of Oregon (2011); University of Southampton (2016); University of Utah (2013); University of Washington (2010, 2012, 2019); Tilburg University (2021 to be re-scheduled); Temple University (2021); WHU Otto Beisheim School of Management (2017)
CONFERENCES
4 Nations Cup in Finance Copenhagen (2016); AFA Meetings (2011, 2012, 2015, 2020); EFA Meetings (2012, 2014, 2019); WFA meetings (2011, 2015); FMA Meetings (2009, 2011); EFMA Meetings (2008, 2009); CICF conference (2014); Financial Economics and Accounting - UNC (2013); LBS Corporate Finance symposium (2013, 2019); Portuguese Finance Association (2012); German Finance Association (2012); GEA conference (2012); SFS Financial Cavalcade (2011); Money Macro and Finance Group Annual Conference at Kings College (2017); Money Macro and Finance Group Meetings at Paris Dauphine Conference (2018); HKUST Finance Symposium (2018); Erasmus University Rotterdam - Workshop on Executive Compensation and Corporate Governance (2014); University of Belfast Workshop (2018); NHH Bergen CCF Conference (2018 as presenter by invitation); ECEGI - GCGC conference at Harvard (2018 discussant); 2018 Annual Corporate Finance Conference at Manchester University;
KEYNOTES
Comisión Nacional del Mercado de Valores Conference / SUERF - Overview of recent developments in corporate governance and executive compensation: ESG challenges
FELLOWSHIPS GRANTS AND AWARDS
2019 - 2024 European Research Council Starting Grant – 1,357,099 EUR- “Information Frictions, Financing and Growth: The Impact of Firm Certification “
2019 - 2020 Global Challenges Research Fund 2019/20– “Trade finance in developing countries” – 41,425 GBP
2018-2019 Global Challenges Research Fund 2018/19– “Trade finance in developing countries” - 68,310 GBP
2018-2020 “Fundação para a Ciência e Tecnologia” and “Fundacao Francisco Manuel dos Santos” (co-PI) – “Certification of SMEs” - 339,873.86 EUR -
August 2018 Visiting fellow – Bank of Portugal
2016 – 2018 International Growth Centre Research – Mozambique - Grant – 60,000 GBP
2015 International Growth Centre Research – Mozambique - Grant – 20,000 GBP
2014 - 2016 “Fundação para a Ciência e Tecnologia” – “Investigador FCT”, Portugal – 50,000 EUR
2005 - 2009 “Fundação para a Ciência e Tecnologia” PhD Scholarship, Portugal
1999 - 2000 Merit Scholarship – ISCTE, Portugal
GRADUATE STUDENTS AND POSTDOCTORAL FELLOWS
Doctoral students committees: Eugenia Yeh, 2015, Tae Lee, 2015 (Korea Energy Economics Institute); Benjamin Bennett, 2013 (Tulane University); Diogo Mendes 2020 (Stockholm School of Economics), Adrian Lam 2022 (University of Amsterdam), Joao Magro (ECB).
Current students: Yifan Yang, Matilde Faralli, Costanza Tomaselli, Sandra Bernick, Xuelai Li, Matthijs Oosterveen (Post-Doc - Co-PI - FCT Grant);
Pre-doc students: Bernardo Mendes (London Business School)
TEACHING ACTIVITIES
Corporate Finance, Advanced Managerial Finance, Quantitative Methods, Advanced Corporate Finance, Corporate Financial Policy, Financial Accounting, Principles of Finance, and Financial Markets.
PUBLISHED TEXTBOOKS
Mota, A. and Custodio C. 2006, Finanças da Empresa, Booknomics
INSTITUTIONAL RESPONSIBILITIES
Committee assignments: Recruiting committee (2012/13; 2013/14; 2015/16; 2016/17; 2017/18; 2020/21; 2021/22); Research committee (2017/18; 2018/19; 2019/20; 2020/21); PhD program (2010/2011, 2011/2012, 2014/2015 and 2015/2016); Brownbag seminar (2010/2011, 2011/2012 and 2012/2013); Regular seminar series (2012/2013); Business School Strategic Review (2018); President’s Award for Research Excellence – Outstanding Innovation category committee (2017/2018; 2018/2019; 2019/2020; 2020/2021; 2021/2022)
Refereeing: Economic Journal; Journal of Finance; Journal of Financial Economics; Review of Financial Studies; Journal of Financial and Quantitative Analysis; Review of Finance; Financial Management; Journal of Banking and Finance; RAND Journal of Economics; Economic Inquiry; Management Science; Review of Corporate Finance Studies; European Financial Management; North American Journal of Economics and Finance; Journal of Business Research; Journal of Empirical Finance; The Journal of Law, Economics and Organization; Journal of Accounting and Economics; Journal of Economic Surveys; Journal of Corporate Finance; PLOS One; The Financial Review; The Accounting Review; Journal of Financial Intermediation
Conference Committees: Adam Smith Conference (2017, 2018, 2019); AFA Meetings (2016); ASU Sonoran Conference (2014, 2015, 2016, 2017, 2018, 2019) EFA Meetings (2014, 2015; 2016; 2017, 2018, 2019 (track chair); FMA-Asia Best Paper Award committee (2013); WFA Meetings (2015, 2016, 2017, 2018, 2019);
Nominating committee AFA 2022
MEMBERSHIPS OF CIENTIFIC SOCIETIES
American finance Association (member); European Finance Association (member)
CAREER BREAKS
Maternity leave (January 2011-February 2011 for Maria Francisca and November 2013-December 2013 for Manuel)
LANGUAGES
Portuguese (Native); English (Fluent spoken and written); Spanish, French (Basic spoken and written)