Florinda Silva

Associate Professor of Finance
University of Minho
School of Economics and Management
4710-057 Braga, Portugal
fsilva@eeg.uminho.pt

Education
  • Ph.D. in Business Administration – Finance, School of Economics and Management, University of Minho, 2005. 
  • MSc in Management with specialization in Finance, University of Minho, 1996. 
  • BSc (Licenciatura) in Management, Universidade do Minho, 1992. 
Teaching
  • Financial Statement Analysis, International Finance, Complements of investments, Advanced Topics in Finance.
  • Current appointment: Associate Professor, School of Economics and Management, University of Minho, from October 2012 to present 
  • Member of the scientific board of the PhD programme in Business Administration 
  • Director of the undergraduate programme in International Business 
Publications 
  • Silva, F. & Cortez, M. C. (2016). The performance of US and European green funds in different market conditions. Journal of Cleaner Production, 135, 558-566. http://dx.doi.org/10.1016/j.jclepro.2016.06.112.
  • Oliveira, I. M., Silva, F. & Martins, F. V. (2016). A relação (não) condicional dos fatores de risco mercado, dimensão e valor: evidência em cinco países da Europa.  Revista de Gestao, Finanças e Contabilidade, 6 (3), 177-195. 
  • Areal, N., Cortez, M. C. & Silva, F. (2013). The conditional performance of US mutual funds over different market regimes: do different types of ethical screens matter? Financial Markets and Portfolio Management, 27 (4), 397-429. http://link.springer.com/article/10.1007/s11408-013-0218-5.
  • Adcock, C. J., Areal, N., Armada, M. R., Cortez, M. C., Oliveira, B. & Silva, F. (2012). Tests of the Correlation between Portfolio Performance Measures. The Capco Institute Journal of Financial Transformation, Zicklin-Capco Institute Paper Series in Applied Finance #35, 123-132. 
  • Cortez, M. C., Silva, F. & Areal. N. (2012). Socially responsible investing in the global market: the performance of US and European funds. International Journal of Finance and Economics, 17(3), 254–271. http://dx.doi.org/10.1002/ijfe.454 
  • Adcock, C. J., Cortez, M. C., Armada, M. R. & Silva, F. (2012). Time varying betas and the unconditional distribution of asset returns. Quantitative Finance. 12(6), 951-967. http://dx.doi.org/10.1080/14697688.2010.544667 
  • Cortez, M. C., Silva, F. & Areal. N. (2009). The performance of European socially responsible funds. Journal of Business Ethics, 87(4), 573-588. http://dx.doi.org/10.1007/s10551-008-9959-x
  • Silva, F., Cortez, M. C. & Armada, M. R. (2005). The Persistence of European Bond Fund Performance: Does Conditioning Information Matter? International Journal of Business, 10 (4), 341-361. 
  • Silva, F., Cortez, M. C. & Armada, M. R. (2004). Bond Return Predictability: The European Market. The International Journal of Finance, 16 (3), 3083-3114. 
  • Silva, F., Cortez, M. C. & Armada, M. J. (2003). Conditioning information and European bond fund performance. European Financial Management, 9(2), 201-230. http://dx.doi.org/10.1111/1468-036X.00216
  • Cortez, M. C. & Silva, F. (2002). Conditioning Information on Portfolio Performance Evaluation: a reexamination of performance persistence in the Portuguese mutual fund market. Finance India, 16 (4), 1393-1408. 
  • Silva, F. & Armada, M. R. (1998). Factores Determinantes da Performance de Fundos de Obrigações. Revista de Mercados e Activos Financeiros, 1 (2), 25-46. 
Working papers 
  • Silva, F., Oliveira, B., Areal, N. & Cortez, M. C. (2012). Does the use of downside risk-adjusted measures lead to better future performance? SSRN Working Paper 1876123 
  • Adcock, C. J, Areal, N., Armada, M. R., Cortez, M. C., Oliveira, B. & Silva, F. (2012). Does the use of downside risk-adjusted measures impact performance of UK investment trusts? SSRN Working Paper 1662627 
  • Silva, S. & Silva, F. (2012). Effects of working capital management on the profitability of Portuguese manufacturing firms, Working paper, School of Economics and Management, University of Minho.

Grants and scholarships 
  • Research Award 2012, Department of Management, School of Economics and Management, University of Minho