IDEI Researcher
Member of the Toulouse School of Economics (TSE)
Professor of Finance, University Toulouse I

Contacts

Links

Long CV (PDF file, 116 Kb)

Research Interests

Corporate Finance Theory
Venture Capital
Investment Fund Management
Managerial Compensation

Professional experiences

Current positions

Education

Work in progress

Articles in working paper series

• "Fund Managers' Contracts and Short-Termism", IDEI Working Paper, n. 553, May 2009.

  (with Sébastien Pouget)

  [ Full text (PDF file, 377 Kb) ]

• "Competition Between Informed Venture Capitalists for the Financing of Entrepreneurs", IDEI Working Paper, n. 444, January 2007.

  (with Carole Haritchabalet)

  [ Full text (PDF file, 422 Kb) ]

• "Operational Risk and Capital Requirements in the European Investment Fund Industry", IDEI Working Paper, n. 239, 2003.

  (with Bruno Biais and Jean-Charles Rochet)

Forthcoming

Articles in refereed journals

• "Managerial Legacies, Entrenchment and Strategy Inertia", The Journal of Finance, 2010.

  (with Alexander Gümbel)

  [Forthcoming]

Publications

Articles in refereed journals

• "Experience, Screening and Syndication in Venture Capital Investments", Journal of Financial Intermediation, vol. 16, 2007, p. 368-398.

  (with Carole Haritchabalet)

• "Risque opérationnel et régulation du capital dans l'industrie de la gestion de fonds d'investissement en Europe", Revue d'économie financière, vol. 79, 2005, p. 197-211.

  (with Bruno Biais and Jean-Charles Rochet)

• "Financing and Advising: Optimal Financial Contracts with Venture Capitalists", The Journal of Finance, vol. 58, 2003, p. 2059-2085.

• "Optimal Leverage and Aggregate Investment", The Journal of Finance, vol. 54, 1999, p. 1291-1323.

  (with Bruno Biais)

Contributions to books

• "Financial Contracts and Venture Capitalists' Value-Added", in Companion to Venture Capital, Douglas J. Cumming (eds.) (Wiley): "Chapter 8", 2009.

• "Capital-risque et Innovation", in Encyclopédie de l'Innovation, Economica, 2003.