Research
WORKING PAPERS
"Securitization, Disclosure and Liquidity" with Marco Pagano, winner of LECG Prize for Best Overall Conference Paper at EFA 2009.
"Labor and Capital: Is Debt a Bargaining Tool?" with Elena Simintzi and Vikrant Vig, winner of LECG Prize for Best Paper in Corporate Finance at EFA 2010.
"Social Value of Information in a Levered Economy" with Vito Gala.
"Competition for Managers, Corporate Governance and Incentive Compensation" with Viral Acharya and Marc Gabarro.
"Does Asymmetric Information Affect SEOs and M&A Activity? Evidence from Corporate Pension Plans" with Joao Cocco.
"Politics, Investor Protection and Competition" with Enrico Perotti.
MAIN PUBLICATIONS
"The Life-Cycle of Family Ownership" with Julian Franks, Colin Mayer and Hannes Wagner, Review of Financial Studies, forthcoming.
"Corporate Governance Externalities" with Viral Acharya, Review of Finance, 2010, 14, 1-33. Winner of the 2008 ECGI Best Paper Competition.
"Corporate Governance Reforms in Continental Europe” with Luca Enriques, Journal of Economic Perspectives, 2007, vol. 21, 117-140.
"Shareholder Protection, Stock Market Development, and Politics" with Marco Pagano, Journal of the European Economic Association, 2006, vol. 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. Nominated for the 2005 Brattle Prize. Winner of Egon Zehnder International Prize (Best paper in ECGI working paper series 2004).
"Cross-Country Determinants of Mergers and Acquisitions" with Stefano Rossi, Journal of Financial Economics, 2004, 74, 277-304. Reprinted in: Stijn Claessens and Luc Leaven eds, A Reader in International Corporate Finance, World Bank Press, 2006, 231-257.
"Governance with Poor Investor Protection: Evidence from Top Executive Turnover in Italy" Journal of Financial Economics, 2002, 64, 61-90.
OTHER PUBLICATIONS
"Credit Ratings Failures and Policy Options" with Marco Pagano, Economic Policy, 2010, 62, 401-431.
"The Corporate Governance of Defined Benefit Pension Plans: Evidence from the United Kingdom" with Joao Cocco, Financial Analysts Journal, 2007, vol. 63, 70-83.
"The Political Economy of Finance" with Marco Pagano, Oxford Review of Economic Policy, 2001, 17, 502-519.
"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.