Corporate building

Corporate Finance and Banking

In recent years the Department has made a significant investment in both Corporate Finance and Banking, with the recruitment of new faculty at both the senior and junior level, and will continue to do so with the goal of achieving excellence at the highest international standards.

The research undertaken by faculty members in these areas covers a wide spectrum of topics including capital structure, corporate governance, financial constraints and cash flow allocation, investment decisions under uncertainty, corporate payout policy, asymmetric information and contract design, relationship banking and SME financing, credit guarantee programs, foreign bank entry and financial development, micro and macro-prudential banking supervision, deposit insurance and market discipline, and bank resolution mechanisms.

Faculty members in this area have published in leading finance journals such as the Journal of Finance, the Journal of Financial Economics, the Review of Financial StudiesManagement Science and many other high quality finance journals such as the Journal of Financial and Quantitative AnalysisReview of FinanceJournal Money Credit and BankingJournal of Financial IntermediationJournal of Corporate Finance, and many other reputable finance journals.

Faculty members maintain close links to several research networks, international organizations, and central banks such as the CEPR, the International Monetary Fund, the World Bank, the European Central Bank, the Bank of England, the Deutsche Bundesbank and many others.