Research

My research explores how institutional shareholders may impact the corporate decisions – such as M&A, innovation, or investments — of firms in their portfolios. I am interested in the role of shareholder activism in this age of universal ownership by large asset management firms.

On a different front, I explore the impact of AI adoption on firm strategies and organizational structure. That is, how the demand for talent may shift in terms of occupations and skills.

My research has been published in the Journal of Political Economy, Journal of Finance, Journal of Financial Economics, Review of Finance, Harvard Business Review among other academic journals, as well as in various media (Financial Times, The Economist, Bloomberg, BBC). I have received several international prizes such as the Brattle Prize and presented my research at prestigious universities and congresses in finance (WFA, EFA, AFA, NBER, etc.).

Research by topics

By topics

CORPORATE GOVERNANCE

Refereed Publications

Innovation: The Bright Side of Common Ownership

Price and Probability: Decomposing the Takeover Effects of Anti-Takeover Provisions

Governance Mechanisms and Effective Activism: Evidence from Shareholder Proposals on Poison Pills

Say Pays! Shareholder Voice and Firm Performance

Corporate Governance and Value: Evidence from “Close Calls” on Shareholder Governance Proposals

The Vote is Cast: The Effect of Corporate Governance on Shareholder Value

The Brattle Group Prize, Distinguished Paper in Corporate Finance
Best Paper Award, Financial Management Association
Best Paper Award, Istanbul Stock Exchange Competition

WOMEN IN FINANCE

Refereed Publications

Executive Gender Pay Gaps: The Roles of Female Risk Aversion and Board Representation

Media coverage: CNN, BBC interview

Working Papers

Disclosing Gender Pay Gaps

MERGERS & ACQUISITIONS

Refereed Publications

Mergers and Acquisitions under Common Ownership

Beyond the Target: M&A Decisions and Rival Ownership

Does Common Ownership Increase the Incentives for Mergers and Acquisitions?

Price and Probability: Decomposing the Takeover Effects of Anti-Takeover Provisions

ARTIFICIAL INTELLIGENCE

Refereed Publications

The Demand for AI Skills and the Labour Market

Working Papers

Acquiring AI

AI Adoption and Firm Performance: Management versus IT