Francesca Cornelli

(Updated 20/08/02)

Francesca Cornelli

Current position:
Professor of Finance
London Business School,
Institute of Finance and Accounting, P224
Sussex Place, Regent's Park
London NW1 4SA
England
Phone: (020) 7706-6888
Fax: (020) 7724-3317
Ph.D.: 1992, Harvard University,
Research Interests: Corporate Finance, Mechanism Design, Industrial Organization, Transition Economics.
Associate Editor of The Journal of Finance.
Member of the Editorial Board of the Review of Economic Studies.
Member of the Council of the European Economic Association.
Member of the Council of the Royal Economic Society.
Research Fellow of the Center for Economic Policy Research (CEPR).
E-mail address: fcornelli@london.edu

Published Papers
F. Cornelli, D. Goldreich and A. Ljungqvist (2005): "Investor Sentiment and Pre-IPO Markets," Journal of Finance, 61, 1187-1216. Abstract and paper .
F. Cornelli and D. Goldreich, (2003): "Bookbuilding: How Informative is the Order Book?," Journal of Finance, 58, 1415-44. Abstract and paper (revised version, August 2002).
F. Cornelli and O. Yosha, (2003): "Stage Financing and the Role of Convertible Securities," Review of Economic Studies, 70, 1-32. Abstract and paper .
F. Cornelli and David D. Li (2002): "Risk Arbitrage in Takeovers," Review of Financial Studies, 15, 837-68. Abstract and paper .
F. Cornelli and D. Goldreich, (2001): "Bookbuilding and Strategic Allocation," Journal of Finance, 56, 2337-70. Abstract and paper .
F. Cornelli and M. Schankerman (1999): "Patents Renewals and R&D Incentives," RAND Journal of Economics, 30, 197-213. Abstract and paper.
F. Cornelli and David D. Li (1997): "Large Shareholders, Control Benefits and Optimal Schemes for Privatization," RAND Journal of Economics, 28, 585-604. Abstract.
F. Cornelli and L. Felli (1997): "Ex-ante Efficiency of Bankruptcy Procedures," European Economic Review, Papers and Proceedings, 41, 475-485. Abstract .
F. Cornelli (1996): "Optimal Selling Procedures with Fixed Costs," Journal of Economic Theory, 71, 1-30. Abstract .

Other Publications
F. Cornelli, R. Portes and M. Schaffer, (1998): "The Capital Structure of Firms in Central and Eastern Europe," in Different Paths to a Market Economy: China and European Economies in Transition, O. Bouin, F. Coricelli and F. Lemoine (eds.) CEPR/CEPII/OECD.
F. Cornelli and L. Felli, (1995): "The Theory of Bankruptcy and Mechanism Design", in Crisis, What Crisis? Orderly Workouts for Sovereign Debtors, by B. Eichengreen and R. Portes, London: CEPR.
F. Cornelli, (1993): "Privatization in Eastern Europe: the Sale of Shares to Foreign Companies", in The Economics of Transformation: Theory and Practice in the New Market Economies, Alfred Schipke and Alan M. Taylor (eds.), Berlin: Springer.

Working Papers
A. Buraschi and F. Cornelli, (2003): "Donations," CEPR Discussion Paper Abstract and paper.
F. Cornelli and D. Li (2005): "Ex ante effects of ex post managerial ownership," mimeo Abstract and paper .
F. Cornelli and L. Felli (1998): "How to Sell a (Bankrupt) Company," previously circulated as "Revenue Efficiency and Change of Control: The Case of Bankruptcy," Rodney L. White Center Working Paper No. 18-98, Wharton School, University of Pennsylvania and FMG Discussion Paper No. 300, London School of Economics. Abstract and paper.
F. Cornelli and O. Yosha, (1992): "Regulation by Entry," Working Paper No. 92-20, Brown University. Abstract and paper.

Francesca Cornelli

Published Papers

Other Publications

Working Papers