Pedro P. Matos

University of Virginia - Darden School of Business

Associate Professor of Finance

University of Virginia

P.O. Box 6550

Charlottesville, VA 22906-6550

United States

European Corporate Governance Institute (ECGI)

Research Associate

c/o ECARES ULB CP 114

B-1050 Brussels

Belgium

SCHOLARLY PAPERS

23

DOWNLOADS
Rank 582

SSRN RANKINGS

Top 582

in Total Papers Downloads

28,224

CITATIONS
Rank 1,153

SSRN RANKINGS

Top 1,153

in Total Papers Citations

470

Scholarly Papers (23)

1.

Corporate Governance in the 2007-2008 Financial Crisis: Evidence from Financial Institutions Worldwide

Journal of Corporate Finance, Vol. 18, 2012
Number of pages: 56 Posted: 29 Oct 2010 Last Revised: 13 Feb 2012
David H. Erkens, Mingyi Hung and Pedro P. Matos
University of Southern California - Leventhal School of Accounting, Hong Kong University of Science & Technology (HKUST) and University of Virginia - Darden School of Business
Downloads 8,330 (368)
Citation 28

Abstract:

corporate governance, credit crisis, global financial institutions

Indexing and Active Fund Management: International Evidence

Number of pages: 73 Posted: 03 May 2011 Last Revised: 06 Jan 2015
University of Notre Dame, Nova School of Business and Economics, University of Virginia - Darden School of Business and University of Texas at Austin - Department of Finance
Downloads 2,992 (2,516)
Citation 4

Abstract:

Mutual funds, Active management, Index funds, Exchange-traded funds, Competition, Fees, Performance

Indexing and Active Fund Management: International Evidence

Journal of Financial Economics (JFE), Forthcoming, Darden Business School Working Paper No. 2558724
Number of pages: 73 Posted: 03 Feb 2015
University of Notre Dame, Nova School of Business and Economics, University of Virginia - Darden School of Business and University of Texas at Austin - Department of Finance
Downloads 1,303 (10,534)
Citation 4

Abstract:

Mutual funds, Active management, Index funds, Exchange-traded funds, Competition, Fees, Performance

Does Governance Travel around the World? Evidence from Institutional Investors

Fisher College of Business Working Paper No. 2009-008, ECGI - Finance Working Paper No. 267/2010, AFA 2010 Atlanta Meetings Paper, CELS 2009 4th Annual Conference on Empirical Legal Studies Paper, Fourth Singapore International Conference on Finance 2010 Paper
Number of pages: 66 Posted: 24 Mar 2009 Last Revised: 24 Feb 2012
Georgetown University - Robert Emmett McDonough School of Business, Ohio State University (OSU) - Department of Finance, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 1,438 (8,913)
Citation 37

Abstract:

Institutional Investors, Corporate Governance, Shareholder Activism

Does Governance Travel Around the World? Evidence from Institutional Investors

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 66 Posted: 06 Jul 2010
Georgetown University - Robert Emmett McDonough School of Business, Ohio State University (OSU) - Department of Finance, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 542 (38,010)
Citation 37

Abstract:

Institutional Investors, Corporate Governance, Shareholder Activism

4.

Are US CEOs Paid More? New International Evidence

EFA 2009 Bergen Meetings Paper, ECGI - Finance Working Paper No. 255/2009, AFA 2011 Denver Meetings Paper
Number of pages: 50 Posted: 12 Feb 2009 Last Revised: 19 Jun 2012
IMD International, Nova School of Business and Economics, University of Virginia - Darden School of Business and University of Southern California - Marshall School of Business
Downloads 1,711 (6,157)
Citation 12

Abstract:

Executive compensation, CEO pay, International pay differences, Stock options, Corporate governance

Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions

EFA 2007 Ljubljana Meetings Paper
Number of pages: 54 Posted: 25 Mar 2008 Last Revised: 29 Jan 2009
Massimo Massa, Miguel A. Ferreira and Pedro P. Matos
INSEAD - Finance, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 830 (21,005)
Citation 29

Abstract:

Institutional investors, Mergers and acquisitions, Financial integration

Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions

Review of Financial Studies, Forthcoming, Marshall School of Business Working Paper No. FBE 28-09
Number of pages: 60 Posted: 01 Jul 2009 Last Revised: 09 Sep 2009
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 192 (124,407)
Citation 29

Abstract:

Institutional investors, Mergers and acquisitions, Financial integration

Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions

The Review of Financial Studies, Vol. 23, Issue 2, pp. 601-644, 2009
Posted: 01 Feb 2010
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business

Abstract:

G15, G23, G34

The Colors of Investors' Money: The Role of Institutional Investors Around the World

Number of pages: 54 Posted: 21 Feb 2006
Miguel A. Ferreira and Pedro P. Matos
Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 892 (18,864)
Citation 108

Abstract:

Institutional Investors, Monitoring, International Capital Markets

The Colors of Investors' Money: The Role of Institutional Investors Around the World

Journal of Financial Economics (JFE), Forthcoming
Posted: 24 Jul 2007
Miguel A. Ferreira and Pedro P. Matos
Nova School of Business and Economics and University of Virginia - Darden School of Business

Abstract:

Institutional Investors, Monitoring, International Capital Markets

U.S.-Style Investor Activism in Japan: The First Ten Years

Marshall School of Business Working Paper No. FBE 06-10, 5th Annual Conference on Empirical Legal Studies Paper, ECGI - Finance Working Paper No. 290/2010
Number of pages: 57 Posted: 22 Mar 2010 Last Revised: 22 Oct 2010
Yasushi Hamao, Kenji Kutsuna and Pedro P. Matos
Center on Japanese Economy and Business, Kobe University - Graduate School of Business Administration and University of Virginia - Darden School of Business
Downloads 674 (28,322)
Citation 4

Abstract:

Corporate governance, shareholder activism, hedge funds, Japan

U.S.-Style Investor Activism in Japan: The First Ten Years

Number of pages: 58 Posted: 16 Mar 2011
Yasushi Hamao, Kenji Kutsuna and Pedro P. Matos
Center on Japanese Economy and Business, Kobe University - Graduate School of Business Administration and University of Virginia - Darden School of Business
Downloads 188 (126,920)
Citation 4

Abstract:

Corporate governance, shareholder activism, hedge funds, Japan

8.

Shareholder Investment Horizons and the Market for Corporate Control

Journal of Financial Economics, Forthcoming
Number of pages: 33 Posted: 27 Aug 2004
Jose-Miguel Gaspar, Massimo Massa and Pedro P. Matos
ESSEC Business School, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 802 (16,245)
Citation 99

Abstract:

Investment horizon, mergers and acquisitions, shareholder heterogeneity, institutional investors, short termism

9.

Are US CEOs Paid More? New International Evidence

Review of Financial Studies, Forthcoming
Number of pages: 66 Posted: 10 Oct 2012 Last Revised: 27 Nov 2012
IMD International, Nova School of Business and Economics, University of Virginia - Darden School of Business and University of Southern California - Marshall School of Business
Downloads 772 (17,921)
Citation 9

Abstract:

executive compensation, CEO pay, international pay differences, stock options, corporate governance

10.

Generalists versus Specialists: Lifetime Work Experience and CEO Pay

AFA 2012 Chicago Meetings Paper, ECGI - Finance Working Paper No. 333/2012
Number of pages: 56 Posted: 15 Mar 2011 Last Revised: 25 Jul 2012
Claudia Custodio, Miguel A. Ferreira and Pedro P. Matos
Imperial College London, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 654 (30,009)
Citation 10

Abstract:

Executive Compensation, Market for Executives, Human Capital

11.

Lending Relationships and the Effect of Bank Distress: Evidence from the 2007-2009 Financial Crisis

Number of pages: 60 Posted: 24 Oct 2010 Last Revised: 05 Dec 2015
University of Southern California - Marshall School of Business - Finance and Business Economics Department, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 645 (23,791)
Citation 6

Abstract:

Lending Relationships, Bank Distress, Public Debt Markets, Financial Crisis

Favoritism in Mutual Fund Families? Evidence on Strategic Cross-Fund Subsidization

AFA 2005 Philadelphia Meetings; EFA 2004 Maastricht Meetings Paper No. 4238
Number of pages: 39 Posted: 18 Jun 2004
Jose-Miguel Gaspar, Massimo Massa and Pedro P. Matos
ESSEC Business School, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 546 (37,654)
Citation 91

Abstract:

mutual funds, mutual fund families, family strategies, cross-trading, subsidization

Favoritism in Mutual Fund Families? Evidence on Strategic Cross-Fund Subsidization

CEPR Discussion Paper No. 4788
Number of pages: 42 Posted: 29 Mar 2005
Jose-Miguel Gaspar, Massimo Massa and Pedro P. Matos
ESSEC Business School, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 24 (417,327)
Citation 91

Abstract:

IPO, mutual funds

Favoritism in Mutual Fund Families? Evidence on Strategic Cross-Fund Subsidization

Journal of Finance, Forthcoming
Posted: 26 Oct 2004
Massimo Massa, Pedro P. Matos and Jose-Miguel Gaspar
INSEAD - Finance, University of Virginia - Darden School of Business and ESSEC Business School

Abstract:

mutual funds, mutual fund families, family strategies, cross-trading, subsidization

Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 468/2016, Darden Business School Working Paper No. 2640045
Number of pages: 81 Posted: 06 Aug 2015 Last Revised: 21 Dec 2016
Jan Bena, Miguel A. Ferreira, Pedro P. Matos and Pedro Pires
University of British Columbia - Sauder School of Business, Nova School of Business and Economics, University of Virginia - Darden School of Business and Nova School of Business and Economics
Downloads 442 (49,373)

Abstract:

Corporate innovation, R&D, Patents, Institutional ownership, Financial globalization, Monitoring, Short-termism

Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership

Journal of Financial Economics (JFE), Forthcoming, Darden Business School Working Paper No. 2860849
Number of pages: 82 Posted: 29 Oct 2016
Jan Bena, Miguel A. Ferreira, Pedro P. Matos and Pedro Pires
University of British Columbia - Sauder School of Business, Nova School of Business and Economics, University of Virginia - Darden School of Business and Nova School of Business and Economics
Downloads 126 (180,528)

Abstract:

Innovation, Institutional ownership, Investment, Monitoring, Patents

Can Buybacks be a Product of Shorter Shareholder Horizons?

AFA 2005 Philadelphia Meetings Paper, EFA 2005 Moscow Meetings Paper
Number of pages: 35 Posted: 16 Jan 2005
BlackRock, Inc, INSEAD - Finance, ESSEC Business School, University of Virginia - Darden School of Business and BlackRock
Downloads 462 (46,707)
Citation 6

Abstract:

Can Buybacks be a Product of Shorter Shareholder Horizons?

CEPR Discussion Paper No. 4813
Number of pages: 38 Posted: 08 Apr 2005
ESSEC Business School, INSEAD - Finance, University of Virginia - Darden School of Business, BlackRock, Inc and BlackRock
Downloads 29 (392,245)
Citation 6

Abstract:

Payout policy, repurchases, institutional investors, investment horizon, short-termism, shareholder heterogeneity, investor catering

International Corporate Governance Spillovers: Evidence from Cross-Border Mergers and Acquisitions

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 390/2014, Darden Business School Working Paper No. 2309117
Number of pages: 61 Posted: 13 Aug 2013 Last Revised: 17 Dec 2015
Boston College, Carroll School of Management, International Monetary Fund - Monetary and Capital Markets Department, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 454 (47,716)

Abstract:

Foreign direct investment, Corporate governance, Cross border mergers and acquisitions, Spillovers

International Corporate Governance Spillovers: Evidence from Cross-Border Mergers and Acquisitions

CEPR Discussion Paper No. DP10917
Number of pages: 50 Posted: 04 Nov 2015
Boston College, Carroll School of Management, International Monetary Fund - Monetary and Capital Markets Department, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 0

Abstract:

Corporate governance, Cross-border mergers and acquisitions, Foreign direct investment, Spillovers

16.

Do General Managerial Skills Spur Innovation?

ECGI - Finance Working Paper No. 376, Darden Business School Working Paper No. 2289701
Number of pages: 64 Posted: 06 Jul 2013 Last Revised: 13 Oct 2015
Claudia Custodio, Miguel A. Ferreira and Pedro P. Matos
Imperial College London, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 451 (24,222)
Citation 1

Abstract:

General human capital, Innovation, Patents, R&D, Risk taking

17.
Downloads 437 ( 50,781)
Citation 1

Investor-Stock Decoupling in Mutual Funds

AFA 2013 San Diego Meetings Paper, Marshall School of Business Working Paper No. FBE 07-10
Number of pages: 57 Posted: 16 Mar 2010 Last Revised: 27 Sep 2016
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 410 (54,171)
Citation 1

Abstract:

Mutual funds, Performance, Fund flows, Risk taking, Limits of arbitrage

Investor-Stock Decoupling in Mutual Funds

Management Science, Forthcoming, Darden Business School Working Paper No. 2844387, INSEAD Working Paper No. 2016/71/FIN
Number of pages: 57 Posted: 28 Sep 2016 Last Revised: 18 Dec 2016
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 26 (412,049)
Citation 1

Abstract:

Mutual Funds, Performance, Fund Flows, Risk Taking, Limits to Arbitrage

Investor-Stock Decoupling in Mutual Funds

CEPR Discussion Paper No. DP11476
Number of pages: 58 Posted: 06 Sep 2016
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 1 (549,135)
Citation 1

Abstract:

Fund flows, Limits to Arbitrage, Mutual funds, Performance, Risk Taking

18.

Dividend Clienteles Around the World: Evidence from Institutional Holdings

Marshall School of Business Working Paper No. FBE 35-09
Number of pages: 54 Posted: 13 Aug 2009 Last Revised: 28 Jun 2010
Miguel A. Ferreira, Massimo Massa and Pedro P. Matos
Nova School of Business and Economics, INSEAD - Finance and University of Virginia - Darden School of Business
Downloads 403 (47,622)
Citation 7

Abstract:

Payout policy, Institutional investors, Dividend clienteles, Transaction costs

19.

Generalists Versus Specialists: Lifetime Work Experience and CEO Pay

Journal of Financial Economics (JFE), Forthcoming, Darden Business School Working Paper No. 2116525
Number of pages: 56 Posted: 26 Jul 2012
Claudia Custodio, Miguel A. Ferreira and Pedro P. Matos
Imperial College London, Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 301 (65,576)
Citation 7

Abstract:

Executive compensation, Market for executives, Human capital

20.

Do Locals Know Better? A Comparison of the Performance of Local and Foreign Institutional Investors

Number of pages: 48 Posted: 18 Mar 2009 Last Revised: 15 Feb 2017
Nova School of Business and Economics, University of Virginia - Darden School of Business, Nova School of Business and Economics and Nova School of Business and Economics
Downloads 231 (70,462)

Abstract:

Mutual Funds, Domestic, Foreign, Holdings, Global, Local, Money managers

21.

Universal Banks and Corporate Control: Evidence from the Global Syndicated Loan Market

Review of Financial Studies, Forthcoming, Darden Business School Working Paper No. 2038027
Number of pages: 57 Posted: 14 Apr 2012
Miguel A. Ferreira and Pedro P. Matos
Nova School of Business and Economics and University of Virginia - Darden School of Business
Downloads 182 (131,007)
Citation 9

Abstract:

Universal banking, Syndicated loans, Corporate boards, Institutional ownership

22.

Asset Management within Commercial Banking Groups: International Evidence

Darden Business School Working Paper No. 2543175
Number of pages: 71 Posted: 28 Dec 2014 Last Revised: 17 Jan 2017
Miguel A. Ferreira, Pedro P. Matos and Pedro Pires
Nova School of Business and Economics, University of Virginia - Darden School of Business and Nova School of Business and Economics
Downloads 138 (45,254)

Abstract:

Mutual funds, Fund performance, Conflicts of interest, Universal banking

23.

International Corporate Governance: Database for 23 Countries

Posted: 01 Nov 2010 Last Revised: 24 Feb 2012
Georgetown University - Robert Emmett McDonough School of Business, Ohio State University (OSU) - Department of Finance, Nova School of Business and Economics and University of Virginia - Darden School of Business

Abstract:

Institutional Investors, International Corporate Governance, Shareholder Activism