Jérôme Taillard
Professor of Finance
Joseph M. Spinelli ’98 Term Chair in Finance
jtaillard1@babson.edu
Research Interests: Corporate Finance, Risk Management, Energy Finance, Macro Finance
Professor of Finance
Joseph M. Spinelli ’98 Term Chair in Finance
jtaillard1@babson.edu
Research Interests: Corporate Finance, Risk Management, Energy Finance, Macro Finance
Human Capital Reallocation across Firms: Evidence from Idiosyncratic Shocks (with Erik Gilje and Linghang Zeng), [working paper]
Review of Corporate Finance Studies, 2025, 14 (3), 717-751
Best Paper Award, Review of Corporate Finance Studies, 2026
Best Paper Award, Dayton Summer Finance Workshop, 2021
Revisiting Board Independence Mandates: Evidence from Director Reclassifications (with Donald E. Bowen III), [working paper]
Review of Finance, 2025, 29 (3), 747–777
Private Firms’ Incentives and Opportunities to Manage Earnings: Evidence from the use of Inflation Adjustments (with Felipe Restrepo), [working paper]
Journal of Business, Finance, and Accounting, 2022, 49 (1-2), 69-110
Why are Firms with More Managerial Ownership Worth Less (with Kornelia Fabisik, Ruediger Fahlenbrach, and René M. Stulz), [working paper]
Journal of Financial Economics, 2021, 140 (3)
Lead article
Real Option Exercise: Empirical Evidence (with Paul Décaire and Erik Gilje), [working paper]
Review of Financial Studies, 2020, 33 (7), 3250–3306
Best Paper Award, IDC Conference, Herzliya, Israel, 2018
Did Government Regulations Lead to Inflated Credit Ratings? (with Patrick Behr and Darren Kisgen), [working paper]
Management Science, 2018, 64 (3), 1034–1054
Does Hedging Affect Firm Value? Evidence from a Natural Experiment (with Erik Gilje), [working paper]
Review of Financial Studies, 2017, 30 (12), 4083–4132
Michael Brennan Best Paper Award in RFS, 2017
Lead article
What’s your Identification Strategy? Innovation in Corporate Finance Research (with Donald E. Bowen III and Laurent Frésard), [working paper]
Management Science, 2017, 63 (8), 2529–2548
Do Private Firms Invest Differently than Public Firms? Taking Cues from the Natural Gas Industry (with Erik Gilje), [working paper]
Journal of Finance, 2016, 71 (4), 1733–1778
Financial Expertise of the Board, Risk Taking and Performance: Evidence from Bank Holding Companies (with Bernadette A. Minton and Rohan Williamson), [working paper]
Journal of Financial and Quantitative Analysis, 2014, 49 (2), 351–380
The Disciplinary Effects of Non-Debt Liabilities: Evidence from Asbestos Litigation, [working paper]
Journal of Corporate Finance, December 2013
The Market Value of Fed Independence: High-Frequency Evidence from a Natural Experiment (with Linghang Zeng)
Media Coverage: Bloomberg, Investopedia, Inside Bitcoins, Xponance
ARM Loans and Local Monetary Policy Transmission: Evidence from the 2022-2023 Tightening Cycle (with Linghang Zeng)
When Benchmarks Fail: The Causes and Consequences of Negative Oil Prices (with Erik Gilje, Robert Ready, and Nick Roussanov)