2020 applicants
People

Professor Franco Fiordelisi

Professor
EBS - Finance
Professor Franco Fiordelisi

Profile

Biography

Franco Fiordelisi is Professor of Banking and Finance at Essex Business School of the University of Essex. He is also the President of the Financial Intermediation Network of European Studies (FINEST). He previously held positions or taught at the Durham Business School, Bocconi University, and University of Rome Tor Vergata. Franco has received many honors and awards for his scientific outputs and his university teaching skills. IDEAS/RePEc ranks his research in the top 5% in the world (last 10 years) and top 10% in the Fields of "Banking", and "Corporate Finance", as of June 2020. His research revolves around different aspects of bank management, financial risk management, and Fintech. His work has been published in international academic journals (such as the Journal of Financial and Quantitative Analysis, Review of Finance, Journal of Financial Intermediation, and Journal of Corporate Finance) and presented to primary international financial conferences (e.g., American Finance Association, American Economic Association, European Finance Association, Financial Intermediation Research Society, and Federal Deposit Insurance Corporation). He is currently associate editor of the Journal of Financial Stability, European Journal of Finance, and Economic Modelling. In the past, Franco was associate editor of the Journal of Banking and Finance (2012 -2015). He was visiting research scholar at the Olin Business School, Washington University in St. Louis, U.S. (Fulbright Scholarship), the Federal Reserve of New York (2017), and the European Central Bank (in 2010, 2017, 2018, 2019).

Qualifications

  • Ph.D. Economics Bangor University,

  • MA Banking and Finance Bangor University,

Research and professional activities

Research interests

Financial Risk Management

Open to supervise

Banking Regulation and Supervision

Open to supervise

Structure and performance in banking

Open to supervise

Bank Corporate Governance

Open to supervise

Bank risk culture

Open to supervise

Conferences and presentations

European Finance Association 2019

Carcavelos, Portugal, 24/8/2019

“New Frontiers in Banking: from Corporate Governance to Risk Management"

Milan, Italy, 29/3/2019

American Finance Association, 2019

Atlanta, United States, 6/1/2019

American Economic Association, 2018

Philadelphia, United States, 5/1/2018

Teaching and supervision

Current teaching responsibilities

  • Data Analysis: Cross Sectional, Panel and Qualitative Data Methods (BE369)

  • Financial Technology and Innovation (Fintech) (BE370)

  • Corporate and Investment Banking Services (BE634)

  • Student Success Tutorial (BE916)

Publications

Journal articles (39)

Bianchi, N., Carretta, A., Farina, V. and Fiordelisi, F., Does Espoused Risk Culture Pay? Evidence from European Banks. Journal of Banking and Finance

Fiordelisi, F., Pennacchi, G. and Ricci, O., (2020). Are contingent convertibles going-concern capital?. Journal of Financial Intermediation. 43, 100822-100822

Degl’Innocenti, M., Fiordelisi, F. and Trinugroho, I., (2020). Competition and stability in the credit industry: Banking vs. factoring industries. The British Accounting Review. 52 (1), 100831-100831

Fiordelisi, F., Minnucci, F., Previati, D. and Ricci, O., (2020). Bail-In Regulation and Stock Market Reaction. Economics Letters. 186, 108801-108801

Fiordelisi, F., Girardone, C., Minnucci, F. and Ricci, O., (2020). On the Nexus between Sovereign Risk and Banking Crises. Journal of Corporate Finance, 101717-101717

Cerulli, G., D’Apice, V., Fiordelisi, F. and Masala, F., (2020). Benchmarking non-performing loans. The European Journal of Finance. 26 (16), 1591-1605

Degl'Innocenti, M., Fiordelisi, F., Girardone, C. and Radic, N., (2019). Competition and risk-taking in investment banking. Financial Markets, Institutions and Instruments. 28 (2), 241-260

Renneboog, L., Ricci, O., Francesco Saverio, SL. and Fiordelisi, F., (2019). Creative Corporate Culture and Innovation. Journal of International Financial Markets, Institutions and Money. 63, 101137-101137

Caiazza, S., Cotugno, M., Fiordelisi, F. and Stefanelli, V., (2018). The spillover effect of enforcement actions on bank risk-taking. Journal of Banking and Finance. 91 (C), 146-159

Fiordelisi, F. and Galloppo, G., (2018). Stock market reaction to policy interventions. The European Journal of Finance. 24 (18), 1817-1834

Carboni, M., Fiordelisi, F., Ricci, O. and Lopes, FSS., (2017). Surprised or not surprised? The investors’ reaction to the comprehensive assessment preceding the launch of the banking union. Journal of Banking & Finance. 74 (C), 122-132

Fiordelisi, F., Ricci, O. and Stentella Lopes, FS., (2017). The Unintended Consequences of the Launch of the Single Supervisory Mechanism in Europe. Journal of Financial and Quantitative Analysis. 52 (6), 2809-2836

Fiordelisi, F. and Ricci, O., (2016). “Whatever it takes”: An Empirical Assessment of the Value of Policy Actions in Banking. Review of Finance. 20 (6), 2321-2347

Carretta, A., Farina, V., Fiordelisi, F., Schwizer, P. and Stentella Lopes, FS., (2015). Don’t Stand So Close to Me: The role of supervisory style in banking stability. Journal of Banking & Finance. 52 (C), 180-188

Bigelli, M., Fiordelisi, F. and Thakor, A., (2015). AIDEA bicentenary conference. Journal of Banking & Finance. 52, 157-159

Fiordelisi, F., Galloppo, G. and Ricci, O., (2014). The effect of monetary policy interventions on interbank markets, equity indices and G-SIFIs during financial crisis. Journal of Financial Stability. 11 (1), 49-61

Fiordelisi, F., Soana, M-G. and Schwizer, P., (2014). Reputational losses and operational risk in banking. The European Journal of Finance. 20 (2), 105-124

Fiordelisi, F. and Mare, DS., (2014). Competition and financial stability in European cooperative banks. Journal of International Money and Finance. 45 (C), 1-16

Fiordelisi, F. and Ricci, O., (2014). Corporate culture and CEO turnover. Journal of Corporate Finance. 28 (C), 66-82

Fiordelisi, F., Monferrà, S. and Sampagnaro, G., (2014). Relationship Lending and Credit Quality. Journal of Financial Services Research. 46 (3), 295-315

Fiordelisi, F. and Marqués-Ibañez, D., (2013). Is bank default risk systematic?. Journal of Banking & Finance. 37 (6), 2000-2010

Fiordelisi, F. and Mare, DS., (2013). Probability of default and efficiency in cooperative banking. Journal of International Financial Markets, Institutions and Money. 26 (1), 30-45

Fiordelisi, F., Soana, M-G. and Schwizer, P., (2013). The determinants of reputational risk in the banking sector. Journal of Banking & Finance. 37 (5), 1359-1371

Amici, A., Fiordelisi, F., Masala, F., Ricci, O. and Sist, F., (2013). Value creation in banking through strategic alliances and joint ventures. Journal of Banking & Finance. 37 (5), 1386-1396

Fethi, MD., Fiordelisi, F. and Monferrà, S., (2013). Financial intermediation, competition and risk. Journal of Banking & Finance. 37 (5), 1307-1309

Radić, N., Fiordelisi, F. and Girardone, C., (2012). Efficiency and Risk-Taking in Pre-Crisis Investment Banks. Journal of Financial Services Research. 41 (1-2), 81-101

Cipollini, A. and Fiordelisi, F., (2012). Economic value, competition and financial distress in the European banking system. Journal of Banking & Finance. 36 (11), 3101-3109

Radic, N., Fiordelisi, F. and Girardone, C., (2011). Efficiency and Risk-Taking in Pre-Crisis Investment Banks. Journal of Financial Services Research

Fiordelisi, F. and Ricci, O., (2011). Bancassurance efficiency gains: evidence from the Italian banking and insurance industries. The European Journal of Finance. 17 (9-10), 789-810

Carretta, A., Farina, V., Martelli, D., Fiordelisi, F. and Schwizer, P., (2011). The Impact of Corporate Governance Press News on Stock Market Returns. European Financial Management. 17 (1), 100-119

Fiordelisi, F., Marques-Ibanez, D. and Molyneux, P., (2011). Efficiency and risk in European banking. Journal of Banking & Finance. 35 (5), 1315-1326

Fiordelisi, F., Marques-Ibanez, D. and Molyneux, P., (2011). Efficiency and risk in European banking. 35 (5), 1315-1326

Fiordelisi, F. and Molyneux, P., (2010). The determinants of shareholder value in European banking. Journal of Banking & Finance. 34 (6), 1189-1200

Fiordelisi, F. and Molyneux, P., (2010). Total factor productivity and shareholder returns in banking. Omega. 38 (5), 241-253

Battaglia, F., Farina, V., Fiordelisi, F. and Ricci, O., (2010). The efficiency of cooperative banks: the impact of environmental economic conditions. Applied Financial Economics. 20 (17), 1363-1376

Fiordelisi, F. and Monferrà, S., (2009). Measuring shareholder value in asset‐based lending industries. Managerial Finance. 35 (10), 885-903

Fiordelisi, F., (2008). Efficiency and shareholder return in banking. International Journal of Banking, Accounting and Finance. 1 (2), 114-114

Fiordelisi, F., (2007). Shareholder value efficiency in European banking. Journal of Banking & Finance. 31 (7), 2151-2171

Fiordelisi, F. and Molyneux, P., (2004). Efficiency in the factoring industry. Applied Economics. 36 (9), 947-959

Books (4)

Carretta, A., Fiordelisi, F. and Schwizer, P., (2017). Risk Culture in Banking. Springer. 3319575929. 9783319575926

Fiordelisi, F., Molyneux, P. and Previati, D., (2010). New Issues in Financial and Credit Markets. Springer. 0230302181. 9780230302181

Fiordelisi, F., (2009). Mergers and Acquisitions in European Banking. Springer. 0230245404. 9780230245402

Fiordelisi, F. and Molyneux, P., (2006). Shareholder Value in Banking. Springer. 0230595928. 9780230595927

Book chapters (2)

Fiordelisi, F. and Lopes, FSS., (2013). The impact of merger and acquisition on efficiency and market power. In: Efficiency and Productivity Growth. John Wiley & Sons, Ltd. 123- 133. 9781119967521

Radic, N., Fiordelisi, F. and Girardone, C., (2010). Efficiency and Environmental Factors in Investment Banking. In: New Issues in Financial Institutions Management. Editors: Fiordelisi, F., Molyneux, P. and Previati, D.,

Reports and Papers (3)

Carboni, M., Fiordelisi, F., Girardone, C. and Ricci, O., (2020). Levels 2 and 3 Instruments and Stock Price Crash Risk: Evidence From European Banks

Fiordelisi, F., Radic, N. and Weyman-Jones, TG., (2020). Detecting Zombie Banks

Fiordelisi, F., Girardone, C. and Radic, N., (2011). Price Competition, Efficiency and Riskiness in Investment Banking

Scholarly Editions (4)

Fiordelisi, F. and Molyneux, P., Total Factor Productivity and Shareholder Returns in Banking

Fiordelisi, F., Mare, DS. and Molyneux, P., State-Aid, Stability and Competition in European Banking

Battaglia, F., Buchanan, BG., Fiordelisi, F. and Ricci, O., (2018). Securitization and crash risk : Evidence from large European banks

Caiazza, S., Cotugno, M., Fiordelisi, F. and Stefanelli, V., (2015). Bank Stability and Enforcement Actions in Banking

Contact

franco.fiordelisi@essex.ac.uk
+44 (0) 1206 872260

Location:

EBS.3.22, Colchester Campus