Professor of Finance
Economics, Finance, Control
After having worked for 10 years as an university professor in the Netherlands (University of Tilburg and Amsterdam), Riccardo Calcagno joined EMLYON Business School in january 2011 as an associate professor of corporate finance. His research covers different topics: from corporate governance to mergers and acquisitions, to the design of optimal managerial compensation. He is currently focusing on the study of the consequences of financial illiteracy of households on their investment choices.
- 2012 HDR in Management Sciences - Université "Jean Moulin" Lyon 3, France
- 2001 PhD in Economics - Université Catholique de Louvain, Belgium
- 1996 MA in Economics with honours - Université Catholique de Louvain, Belgium
- 1993 Degree in Economics, University of Torino, Italy
- 2008 – 2010 Associate Professor of Finance - VU University Amsterdam, The Netherlands
- 2005 – 2007 Assistant Professor of Finance - VU University Amsterdam, The Netherlands
- 1999 – 2005 Assistant Professor of Finance - Tilburg University, The Netherlands
- Since 2005 Visiting Fellow at CeRP - Collegio Carlo Alberto, Turin, Italy
- Since 2005 Extramural Fellow of TILEC - Tilburg University, The Netherlands
- Financial Literacy and Economics of Advice
- Bargaining and Takeovers
- Contract Theory and Managerial Compensation
- Corporate Governance
- Financial Markets Microstructure
- MSc level (at EMLYON):
- MSc in Management: Corporate Finance
- MSc level (at Amsterdam, Tilburg):
- Corporate Governance (2008-2009)
- Advanced Corporate Finance (2001-2004)
- PhD level (Tinbergen Institute):
- Corporate Finance Theory (2006-2011)
- Financial Literacy and Households Finance
- Managerial Compensation and Corporate Governance
ACADEMIC ARTICLES (10)‑ CALCAGNO, Riccardo, KRAUSSL, Roman, , MONTICONE, Chiara. 2011. An analysis of the effects of the severance payment reform on credit to Italian SMEs., 243-261 P..
‑ CALCAGNO, Riccardo, KAMADA, Yuichiro, , LOVO, Stefano, , TAKUO, Sugaya. 2014. Asynchronicity and Coordination in Common and Opposing Interest Games., 409-434 P..
‑ CALCAGNO, Riccardo, FORNERO, Elsa, , ROSSI, Mariacristina. 2009. The Effect of House Prices on Household Consumption in Italy., 284-300 P..
‑ CALCAGNO, Riccardo, URZI, BRANCATI Maria Cesira. 2014. Do more financially literate households invest less in housing?: Evidence from Italy., 430-445 P..
‑ CALCAGNO, Riccardo, MONTICONE, Chiara. 2015. Financial Literacy and the Demand for Financial Advice., 363-380 P..
‑ CALCAGNO, Riccardo, FALCONIERI, Sonia. 2014. Competition and dynamics of takeover contests., 36-56 P..
‑ CALCAGNO, Riccardo, ROSSI, Mariacristina. 2011. Portfolio choice and precautionary savings., 1353-1361 P..
‑ CALCAGNO, Riccardo, RENNEBOOG, luc. 2007. The incentive to give incentives: On the relative seniority of debt claims and managerial compensation., 1795-1815 P..
‑ CALCAGNO, Riccardo, WAGNER, Wolf. 2006. Dispersed initial ownership and the efficiency of the stock market under moral hazard., 36-45 P..
‑ CALCAGNO, Riccardo, LOVO, Stefano. 2006. Bid-Ask Price Competition with Asymmetric Information between Market-Makers., 329-355 P..
BOOK CHAPTERS (1)‑ CALCAGNO, Riccardo, SADRIEH, Abdolkarim. 2008. A Note on the Effects of Introducing a Market for Cash-Settled Forward Contracts on Electricity.; Nova Science, 201-209 P..
WORKING PAPERS (5)‑ CALCAGNO, Riccardo, LOVO, Stefano. 2010. Preopening and equilibrium selection.; Tinbergen Institute, 51 P..
‑ CALCAGNO, Riccardo, MONTICONE, Chiara. 2011. Financial literacy and the demand for financial advice.; CeRP, 46 P..
‑ CALCAGNO, Riccardo, HEIDER, Florian. 2007. Market based compensation, price informativeness and short-term trading.; European Central Bank, 43 P..
‑ CALCAGNO, Riccardo, URZI, BRANCATI Maria Cesira. 2013. Do more financially literate households invest less in housing? Evidence from Italy.; CeRP, 24 P..
‑ CALCAGNO, Riccardo, FALCONIERI, Sonia. 2013. Competition and dynamics of takeover contests.; CeRP, 33 P..
(1)‑ URZI-BRANCATI, Maria Cesira. 2013. Housing decisions and their implications for consumption, portfolio choice and labour market status over the lifecycle. PhD Thesis sustained on December 16th, 2013.; University of Rome Tor Vergata