Fausto Panunzi

Bocconi University - Department of Economics

Professor

Via Roentgen 1

20136 Milan

Italy

European Corporate Governance Institute (ECGI)

Research Fellow

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

http://www.ecgi.org

Centre for Economic Policy Research (CEPR)

Research Fellow

London

United Kingdom

  • Bocconi University - Department of Economics

    • Email
    • Tel: +39 02 5836 5327
    • Fax: +39 02 5836 5343
SCHOLARLY PAPERS

14

DOWNLOADS
Rank 3,763

SSRN RANKINGS

Top 3,763

in Total Papers Downloads

14,489

SSRN CITATIONS
Rank 718

SSRN RANKINGS

Top 718

in Total Papers Citations

289

CROSSREF CITATIONS

1,182

Scholarly Papers (14)

Actions:
Email selected abstracts
1.

Mandatory Bids, Squeeze-Out, Sell-Out and the Dynamics of the Tender Offer Process

ECGI - Law Working Paper No. 10/2003
Number of pages: 35 Posted: 14 Jul 2003
Mike Burkart and Fausto Panunzi
Swedish House of Finance and Bocconi University - Department of Economics
Downloads 3,458 (4,548)
Citation 21

Abstract:

Loading...

takeover regulation, mandatory bid, squeeze-out, sell-out, minority shareholder protection

2.

Takeovers

Downloads 3,447 ( 4,579)
Citation 16

Takeovers

ECGI - Finance Working Paper No. 118/2006
Number of pages: 40 Posted: 21 Feb 2006
Mike Burkart and Fausto Panunzi
Swedish House of Finance and Bocconi University - Department of Economics
Downloads 3,380 (4,655)
Citation 22

Abstract:

Loading...

Takeovers, free-rider problem, efficiency of control transfers

Takeovers

CEPR Discussion Paper No. 5572
Number of pages: 37 Posted: 27 Jun 2006
Mike Burkart and Fausto Panunzi
Swedish House of Finance and Bocconi University - Department of Economics
Downloads 67 (459,521)
  • Add to Cart

Abstract:

Loading...

Takeovers, free-rider problem, efficiency of control transfers

3.

Family Firms

Downloads 2,558 ( 7,514)
Citation 253

Family Firms

Number of pages: 61 Posted: 06 Feb 2002
Fausto Panunzi, Mike Burkart and Andrei Shleifer
Bocconi University - Department of Economics, Swedish House of Finance and Harvard University - Department of Economics
Downloads 2,455 (7,882)
Citation 25

Abstract:

Loading...

Family Firms, Legal Protection, Corporate Governance

Family Firms

NBER Working Paper No. w8776
Number of pages: 47 Posted: 07 Feb 2002 Last Revised: 26 Jun 2022
Mike Burkart, Fausto Panunzi and Andrei Shleifer
Swedish House of Finance, Bocconi University - Department of Economics and Harvard University - Department of Economics
Downloads 78 (422,205)
Citation 29

Abstract:

Loading...

Family Firms

Number of pages: 49 Posted: 21 Mar 2002
Mike Burkart, Fausto Panunzi and Andrei Shleifer
Swedish House of Finance, Bocconi University - Department of Economics and Harvard University - Department of Economics
Downloads 25 (676,607)
Citation 14
  • Add to Cart

Abstract:

Loading...

Corporate governance, law and finance

Family Firms

Posted: 18 Oct 2003
Mike Burkart, Fausto Panunzi and Andrei Shleifer
Swedish House of Finance, Bocconi University - Department of Economics and Harvard University - Department of Economics

Abstract:

Loading...

4.

Tender Offers and Leverage

Downloads 1,213 ( 24,096)
Citation 12

Tender Offers and Leverage

Number of pages: 39 Posted: 14 Jul 2003
Holger M. Mueller and Fausto Panunzi
New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 870 (38,156)
Citation 9

Abstract:

Loading...

tender offers, leverage, holdout problem

Tender Offers and Leverage

Number of pages: 43 Posted: 24 Jul 2004
Holger M. Mueller and Fausto Panunzi
New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 222 (189,764)

Abstract:

Loading...

Tender Offers and Leverage

NYU Working Paper No. FIN-03-018
Number of pages: 35 Posted: 11 Nov 2008
Holger M. Mueller and Fausto Panunzi
New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 42 (568,891)

Abstract:

Loading...

Tender Offers and Leverage

NYU Working Paper No. S-CDM-03-09
Number of pages: 35 Posted: 05 Nov 2008
Holger M. Mueller and Fausto Panunzi
New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 34 (614,253)

Abstract:

Loading...

Tender Offers and Leverage

Number of pages: 36 Posted: 27 Aug 2003
Holger M. Mueller and Fausto Panunzi
New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 24 (684,427)
  • Add to Cart

Abstract:

Loading...

Tender offers, leverage, free-rider problem

Tender Offers and Leverage

NYU Working Paper No. S-CG-03-02
Number of pages: 35 Posted: 04 Nov 2008
Holger M. Mueller and Fausto Panunzi
New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 21 (708,786)

Abstract:

Loading...

5.

The Performance of Italian Family Firms

Downloads 992 ( 32,155)
Citation 2

The Performance of Italian Family Firms

ECGI - Finance Working Paper No. 127/2006
Number of pages: 34 Posted: 21 Jul 2006
Fausto Panunzi, Carlo A. Favero, Stefano Giglio and Maddalena Honorati
Bocconi University - Department of Economics, Bocconi University - Department of Finance, Yale School of Management and Università Bocconi - Innocenzo Gasparini Institute for Economic Research (IGIER)
Downloads 961 (33,173)
Citation 4

Abstract:

Loading...

Family firms, corporate performance, management style

The Performance of Italian Family Firms

CEPR Discussion Paper No. 5786
Number of pages: 32 Posted: 27 Sep 2006
Carlo A. Favero, Stefano Giglio, Maddalena Honorati and Fausto Panunzi
Bocconi University - Department of Finance, Yale School of Management, Università Bocconi - Innocenzo Gasparini Institute for Economic Research (IGIER) and Bocconi University - Department of Economics
Downloads 31 (633,534)
  • Add to Cart

Abstract:

Loading...

Family firms, corporate performance, management style

6.

Minority Blocks and Takeover Premia

Downloads 865 ( 39,011)
Citation 12

Minority Blocks and Takeover Premia

ECGI - Finance Working Paper No. 96/2005
Number of pages: 30 Posted: 05 Sep 2005
Mike Burkart, Denis Gromb and Fausto Panunzi
Swedish House of Finance, HEC Paris and Bocconi University - Department of Economics
Downloads 843 (39,890)
Citation 2

Abstract:

Loading...

corporate governance, ownership structure, takeovers, minority blockholder, post-takeover share value

Minority Blocks and Takeover Premia

CEPR Discussion Paper No. 5240
Number of pages: 28 Posted: 24 Oct 2005
Mike Burkart, Denis Gromb and Fausto Panunzi
Swedish House of Finance, HEC Paris and Bocconi University - Department of Economics
Downloads 22 (700,639)
Citation 1
  • Add to Cart

Abstract:

Loading...

Large shareholder, takeover premia

Minority Blocks and Takeover Premia

Journal of Institutional and Theoretical Economics, Vol. 162, No. 1, pp. 32-49, 2006
Posted: 01 Mar 2006
Mike Burkart, Denis Gromb and Fausto Panunzi
Swedish House of Finance, HEC Paris and Bocconi University - Department of Economics

Abstract:

Loading...

Takeover Premia, ownership concentration, free-rider problem

7.

Inheritance Law and Investment in Family Firms

Downloads 709 ( 50,961)
Citation 139

Inheritance Law and Investment in Family Firms

3rd Annual Conference on Empirical Legal Studies Papers, ECGI - Finance Working Paper No. 222/2008
Number of pages: 64 Posted: 16 Apr 2008 Last Revised: 12 May 2014
Andrew Ellul, Marco Pagano and Fausto Panunzi
Indiana University - Kelley School of Business - Department of Finance, University of Naples Federico II - Department of Economics and Statistics and Bocconi University - Department of Economics
Downloads 514 (75,937)
Citation 44

Abstract:

Loading...

succession, family firms, inheritance law, growth, investment

Inheritance Law and Investment in Family Firms

FEEM Working Paper No. 6.2009, EFA 2009 Bergen Meetings Paper
Number of pages: 64 Posted: 31 Jan 2009 Last Revised: 12 May 2014
Andrew Ellul, Marco Pagano and Fausto Panunzi
Indiana University - Kelley School of Business - Department of Finance, University of Naples Federico II - Department of Economics and Statistics and Bocconi University - Department of Economics
Downloads 193 (216,196)
Citation 62

Abstract:

Loading...

Succession, Family Firms, Inheritance Law, Growth, Investment

Inheritance Law and Investment in Family Firms

CEPR Discussion Paper No. DP6977
Number of pages: 62 Posted: 02 Dec 2008
Andrew Ellul, Marco Pagano and Fausto Panunzi
Indiana University - Kelley School of Business - Department of Finance, University of Naples Federico II - Department of Economics and Statistics and Bocconi University - Department of Economics
Downloads 2 (899,404)
Citation 10
  • Add to Cart

Abstract:

Loading...

Family firms, Inheritance law, Investor protection

8.

Transparency, Tax Pressure and Access to Finance

Downloads 416 ( 98,581)
Citation 5

Transparency, Tax Pressure and Access to Finance

AFA 2012 Chicago Meetings Paper, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 332/2012
Number of pages: 67 Posted: 18 Mar 2011 Last Revised: 20 Nov 2018
Andrew Ellul, Tullio Jappelli, Marco Pagano and Fausto Panunzi
Indiana University - Kelley School of Business - Department of Finance, University of Naples Federico II - Centre for Studies in Economics and Finance, University of Naples Federico II - Department of Economics and Statistics and Bocconi University - Department of Economics
Downloads 415 (98,019)
Citation 8

Abstract:

Loading...

transparency, tax pressure, investment, access to finance

Transparency, Tax Pressure and Access to Finance

CEPR Discussion Paper No. DP8939
Number of pages: 64 Posted: 25 May 2012
Andrew Ellul, Tullio Jappelli, Marco Pagano and Fausto Panunzi
Indiana University - Kelley School of Business - Department of Finance, University of Naples Federico II - Centre for Studies in Economics and Finance, University of Naples Federico II - Department of Economics and Statistics and Bocconi University - Department of Economics
Downloads 1 (915,556)
  • Add to Cart

Abstract:

Loading...

access to finance, tax pressure, Transparency

9.

Legal Investor Protection and Takeovers

Downloads 282 (150,590)
Citation 13

Legal Investor Protection and Takeovers

INSEAD Working Paper No. 2013/30/FIN
Number of pages: 57 Posted: 30 May 2011 Last Revised: 19 Feb 2013
Mike Burkart, Denis Gromb, Holger M. Mueller and Fausto Panunzi
Swedish House of Finance, HEC Paris, New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 139 (285,230)

Abstract:

Loading...

legal investor protection, takeover, takeover outcome, corporate control

Legal Investor Protection and Takeovers

Number of pages: 33 Posted: 14 May 2011
Mike Burkart, Denis Gromb, Holger M. Mueller and Fausto Panunzi
Swedish House of Finance, HEC Paris, New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 62 (478,281)

Abstract:

Loading...

Takeovers, Legal Investor Protection

Legal Investor Protection and Takeovers

Journal of Finance, Forthcoming
Number of pages: 46 Posted: 04 Jul 2013
Mike Burkart, Denis Gromb, Holger M. Mueller and Fausto Panunzi
Swedish House of Finance, HEC Paris, New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 52 (520,019)
Citation 1

Abstract:

Loading...

Takeovers, Financial Constraints, Legal Investor Protection

Legal Investor Protection and Takeovers

NBER Working Paper No. w17010
Number of pages: 33 Posted: 09 May 2011 Last Revised: 25 Jun 2022
Mike Burkart, Denis Gromb, Holger M. Mueller and Fausto Panunzi
Swedish House of Finance, HEC Paris, New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 24 (684,427)

Abstract:

Loading...

Legal Investor Protection and Takeovers

CEPR Discussion Paper No. DP8397
Number of pages: 36 Posted: 26 May 2011
Mike Burkart, Denis Gromb, Holger M. Mueller and Fausto Panunzi
Swedish House of Finance, HEC Paris, New York University (NYU) - Department of Finance and Bocconi University - Department of Economics
Downloads 5 (861,915)
Citation 3
  • Add to Cart

Abstract:

Loading...

corporate control, efficiency, investor protection, takeovers

10.

Reallocation of Corporate Resources and Managerial Incentives in Internal Capital Markets

Downloads 264 (160,950)
Citation 24

Reallocation of Corporate Resources and Managerial Incentives in Internal Capital Markets

Number of pages: 32 Posted: 13 Sep 2002
Sandro Brusco and Fausto Panunzi
SUNY at Stony Brook University, College of Arts and Science, Department of Economics and Bocconi University - Department of Economics
Downloads 232 (181,958)

Abstract:

Loading...

Reallocation of Corporate Resources and Managerial Incentives in Internal Capital Markets

Number of pages: 28 Posted: 08 May 2001
Sandro Brusco and Fausto Panunzi
SUNY at Stony Brook University, College of Arts and Science, Department of Economics and Bocconi University - Department of Economics
Downloads 32 (626,986)
Citation 3
  • Add to Cart

Abstract:

Loading...

Internal capital markets, managerial incentives, winner-picking

11.

Economic Shocks and Populism: The Political Implications of Reference-Dependent Preferences

Downloads 208 (202,143)
Citation 1

Economic Shocks and Populism: The Political Implications of Reference-Dependent Preferences

Number of pages: 80 Posted: 13 Oct 2020 Last Revised: 30 Sep 2021
Fausto Panunzi, Nicola Pavoni and Guido Tabellini
Bocconi University - Department of Economics, Bocconi University - Department of Economics and Bocconi University - Department of Economics
Downloads 153 (264,004)
Citation 1

Abstract:

Loading...

populism, prospect theory, behavioral political economics

Economic Shocks and Populism: The Political Implications of Reference-Dependent Preferences

CESifo Working Paper No. 8539
Number of pages: 82 Posted: 22 Sep 2020
Fausto Panunzi, Nicola Pavoni and Guido Tabellini
Bocconi University - Department of Economics, Bocconi University - Department of Economics and Bocconi University - Department of Economics
Downloads 54 (511,125)

Abstract:

Loading...

populism, prospect theory, behavioural political economics

Economic Shocks and Populism: The Political Implications of Reference-Dependent Preferences

CEPR Discussion Paper No. DP15213
Number of pages: 83 Posted: 12 Sep 2020 Last Revised: 09 Nov 2021
Fausto Panunzi, Nicola Pavoni and Guido Tabellini
Bocconi University - Department of Economics, Bocconi University - Department of Economics and Bocconi University - Department of Economics
Downloads 1 (915,556)
  • Add to Cart

Abstract:

Loading...

Behavioral political economics, populism, prospect theory

12.

Agency Conflicts, Ownership Concentration, and Legal Shareholder Protection

Downloads 77 (420,792)

Agency Conflicts, Ownership Concentration, and Legal Shareholder Protection

Number of pages: 37 Posted: 26 Mar 2001
Mike Burkart and Fausto Panunzi
Swedish House of Finance and Bocconi University - Department of Economics
Downloads 77 (425,461)
Citation 4
  • Add to Cart

Abstract:

Loading...

Corporate governance, law and finance, ownership structure

Agency Conflicts, Ownership Concentration, and Legal Shareholder Protection

Journal of Financial Intermediation, Vol. 15, No. 1, pp. 1-31, 2006
Posted: 01 Mar 2006
Mike Burkart and Fausto Panunzi
Swedish House of Finance and Bocconi University - Department of Economics

Abstract:

Loading...

Ownership concentration, legal protection, agency conflicts

13.

Block Premia in Transfers of Corporate Control

CEPR Discussion Paper No. 1868
Posted: 18 Aug 1998
Mike Burkart, Denis Gromb and Fausto Panunzi
Swedish House of Finance, HEC Paris and Bocconi University - Department of Economics

Abstract:

Loading...

14.

Why Higher Takeover Premia Protect Minority Shareholders

Journal of Political Economy, Vol. 106 No. 1, February 1998
Posted: 11 Apr 1998
Mike Burkart, Denis Gromb and Fausto Panunzi
Swedish House of Finance, HEC Paris and Bocconi University - Department of Economics

Abstract:

Loading...