Research


Cass Business School, City University London                                     

Interim Dean: June 2019 - present

Vice Dean: January 2018 - May 2019

Head of the Faculty of Finance: May 2014 - December 2017

Professor of Finance: July 2013 – present

London Business School      

Associate Professor of Finance (with tenure): July 2007 – June 2013

Assistant Professor of Finance: August 2000 – June 2007


PUBLISHED PAPERS

  • "Marking to Market and Inefficient Investment Decisions" with Clemens Otto, Management Science (August 2018).
  • "Employment Protection and Takeovers" with Olivier Dessaint and Andrey Golubov, Journal of Financial Economics (August 2017).
  • "Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent" with Viral Acharya and Marco Pagano, Review of Financial Studies (October 2016).
  • "Labor Protection and Leverage" with Elena Simintzi and Vikrant Vig, Review of Financial Studies, (February 2015).
  • "Does Family Control Matter? International Evidence from the 2008-2009 Financial Crisis" with Karl Lins and Hannes Wagner, Review of Financial Studies, 2013, 26, 2583-2619.
  • "Corporate Pension Plans as Takeover Deterrents" with Joao Cocco, Journal of Financial and Quantitative Analysis, August 2013.
  • "Securitization, Disclosure and Liquidity" with Marco Pagano, Review of Financial Studies, 2012, 25, 2417-2453.
  • "The Life-Cycle of Family Ownership" with Julian Franks, Colin Mayer and Hannes Wagner, Review of Financial Studies, 2012, 25, 1687-1712.
  • "Corporate Governance Externalities" with Viral Acharya, Review of Finance, 2010, 14, 1-33. 
  • "Credit Ratings Failures and Policy Options" with Marco Pagano, Economic Policy, 2010, 62, 401-431.
  • "Corporate Governance Reforms in Continental Europe” with Luca Enriques, Journal of Economic Perspectives, 2007, vol. 21, 117-140.
  • "The Corporate Governance of Defined Benefit Pension Plans: Evidence from the United Kingdom" with Joao Cocco, Financial Analysts Journal, 2007, vol. 63, 70-83.
  • "Shareholder Protection, Stock Market Development, and Politics" with Marco Pagano, Journal of the European Economic Association, 2006, 4, 315-341.
  • "The Political Economy of Corporate Governance" with Marco Pagano, American Economic Review, 2005, 95, 1005-1030.
  • "Managers, Workers, and Corporate Control" with Marco Pagano, Journal of Finance, 2005, 60, 843-870. 
  • "Cross-Country Determinants of Mergers and Acquisitions" with Stefano Rossi, Journal of Financial Economics, 2004, 74, 277-304. 
  • "Governance with Poor Investor Protection: Evidence from Top Executive Turnover in Italy" Journal of Financial Economics, 2002, 64, 61-90. 
  • "The Political Economy of Finance" with Marco Pagano, Oxford Review of Economic Policy, 2001, 17, 502-519.


BOOK CHAPTERS

  • "The governance motive in cross-border mergers and acquisitions" with Stefano Rossi, in: Greg Gregoriou and Luc Renneboog Eds., Corporate Governance and Regulatory Impact on Mergers and Acquisitions, 2007, Elsevier Finance, Academic Press, 43-70.
  • "The History of Corporate Ownership in Italy" with Alexander Aganin, in: Randall K. Morck Ed., The History of Corporate Governance Around the World, University of Chicago Press, 2005, 325-361.  
  • "The Eclipse of the U.S. Tire Industry" with Raghuram Rajan and Luigi Zingales, in: Steven Kaplan Ed., Merger and Productivity, University of Chicago Press, 2000, 51-86.