Stefano Rossi

Bocconi University

Professor of Finance

Via Roentgen 1

Milano, MI 20136

Italy

Centre for Economic Policy Research (CEPR)

London

United Kingdom

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

  • Bocconi University

  • Centre for Economic Policy Research (CEPR)

  • European Corporate Governance Institute (ECGI)

SCHOLARLY PAPERS

26

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Top 2,121

in Total Papers Downloads

30,188

TOTAL CITATIONS
Rank 1,316

SSRN RANKINGS

Top 1,316

in Total Papers Citations

380

Scholarly Papers (26)

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1.

Ownership: Evolution and Regulation

Downloads 6,886 ( 2,236)
Citation 54

Ownership: Evolution and Regulation

ECGI - Finance Working Paper No. 09/2003, EFA 2004 Maastricht Meetings Paper No. 3205, AFA 2003 Washington, DC Meetings, Review of Financial Studies, Forthcoming
Number of pages: 68 Posted: 26 Jan 2004 Last Revised: 30 Jun 2008
Julian R. Franks, Colin Mayer and Stefano Rossi
London Business School - Institute of Finance and Accounting, University of Oxford - Said Business School and Bocconi University
Downloads 6,886 (2,213)
Citation 54

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Evolution, ownership, investor protection, equity issues, trust

2.

Returns to Shareholder Activism: Evidence from a Clinical Study of the Hermes U.K. Focus Fund

ECGI - Finance Working Paper No. 138/2006, London Business School Finance Working Paper No. FIN462
Number of pages: 70 Posted: 04 Dec 2006 Last Revised: 03 Sep 2023
Marco Becht, Julian R. Franks, Colin Mayer and Stefano Rossi
Solvay Brussels School of Economics and Management (ULB), London Business School - Institute of Finance and Accounting, University of Oxford - Said Business School and Bocconi University
Downloads 6,319 (2,590)
Citation 34

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Shareholder activism, institutional investors, real authority

3.

Cross-Country Determinants of Mergers and Acquisitions

Downloads 5,922 ( 2,894)
Citation 82

Cross-Country Determinants of Mergers and Acquisitions

ECGI - Finance Working Paper No. 25/2003; AFA 2004 San Diego Meetings; EFA 2003 Annual Conference Paper No. 251
Number of pages: 40 Posted: 29 May 2003
Stefano Rossi and Paolo F. Volpin
Bocconi University and Drexel University - Bennett S. LeBow College of Business
Downloads 5,855 (2,910)
Citation 82

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Mergers and acquisitions, Corporate governance, Investor protection

Cross-Country Determinants of Mergers and Acquisitions

Number of pages: 34 Posted: 20 Jun 2003
Stefano Rossi and Paolo F. Volpin
Bocconi University and Drexel University - Bennett S. LeBow College of Business
Downloads 67 (716,448)
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Mergers and acquisitions, corporate governance, investor protection

4.

Spending Less Time with the Family: The Decline of Family Ownership in the UK

Downloads 1,529 (26,094)
Citation 30

Spending Less Time with the Family: The Decline of Family Ownership in the UK

ECGI - Finance Working Paper No. 35/2004
Number of pages: 41 Posted: 26 Jan 2004
Julian R. Franks, Colin Mayer and Stefano Rossi
London Business School - Institute of Finance and Accounting, University of Oxford - Said Business School and Bocconi University
Downloads 1,431 (28,331)
Citation 13

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Family ownership, control, takeovers

Spending Less Time with the Family: The Decline of Family Ownership in the UK

NBER Working Paper No. w10628
Number of pages: 39 Posted: 04 Aug 2004 Last Revised: 16 Jan 2022
Julian R. Franks, Colin Mayer and Stefano Rossi
London Business School - Institute of Finance and Accounting, University of Oxford - Said Business School and Bocconi University
Downloads 98 (570,782)
Citation 17

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5.

Signaling Safety

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Citation 22

Signaling Safety

Chicago Booth Research Paper 17-30, Fama-Miller Working Paper, European Corporate Governance Institute – Finance Working Paper No. 653/2020, Swiss Finance Institute Research Paper No. 17-30
Number of pages: 110 Posted: 04 Nov 2017 Last Revised: 26 Feb 2020
Roni Michaely, Stefano Rossi and Michael Weber
The University of Hong Kong, Bocconi University and University of Chicago - Finance
Downloads 836 (61,012)
Citation 18

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Dividends, Payout Policy, Cash-Flow Volatility, Signaling Model

The Information Content of Dividends: Safer Profits, Not Higher Profits

Becker Friedman Institute for Research in Economics Working Paper No. 2017-19
Number of pages: 80 Posted: 12 Nov 2017 Last Revised: 28 Mar 2018
Roni Michaely, Stefano Rossi and Michael Weber
The University of Hong Kong, Bocconi University and University of Chicago - Finance
Downloads 162 (382,991)
Citation 1

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Dividends, Payout Policy, Cash Flow Volatility, Signaling Model

The Information Content of Dividends: Safer Profits, Not Higher Profits

CESifo Working Paper Series No. 6751
Number of pages: 75 Posted: 18 Jan 2018
Roni Michaely, Stefano Rossi and Michael Weber
The University of Hong Kong, Bocconi University and University of Chicago - Finance
Downloads 90 (603,372)
Citation 1

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dividends, payout policy, cash flow volatility, signaling model

Signaling Safety

NBER Working Paper No. w24237
Number of pages: 100 Posted: 22 Jan 2018 Last Revised: 24 Mar 2023
Roni Michaely, Stefano Rossi and Michael Weber
The University of Hong Kong, Bocconi University and University of Chicago - Finance
Downloads 60 (758,850)

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Signaling Safety

CEPR Discussion Paper No. DP14174
Number of pages: 102 Posted: 17 Dec 2019
Stefano Rossi, Michael Weber and Roni Michaely
Bocconi University, University of Chicago - Finance and The University of Hong Kong
Downloads 2 (1,350,329)
Citation 2
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cash-flow volatility, dividends, Payout policy, signaling model

6.

Does Mandatory Shareholder Voting Prevent Bad Acquisitions?

Downloads 997 (48,633)
Citation 3

Does Mandatory Shareholder Voting Prevent Bad Acquisitions?

Forthcoming, Review of Financial Studies, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 422/2014 - forthcoming, Review of Financial Studies
Number of pages: 59 Posted: 31 May 2014 Last Revised: 29 Jun 2016
Marco Becht, Andrea Polo and Stefano Rossi
Solvay Brussels School of Economics and Management (ULB), Luiss Guido Carli University - Department of Economics and Finance and Bocconi University
Downloads 996 (47,911)
Citation 3

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Corporate acquisitions, shareholder voting, corporate governance

Does Mandatory Shareholder Voting Prevent Bad Acquisitions?

CEPR Discussion Paper No. DP10506
Number of pages: 59 Posted: 24 Mar 2015
Marco Becht, Andrea Polo and Stefano Rossi
Solvay Brussels School of Economics and Management (ULB), Luiss Guido Carli University - Department of Economics and Finance and Bocconi University
Downloads 1 (1,359,257)
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corporate acquisitions, corporate governance, shareholder voting

7.

Patents, Capital Structure and the Demand for Corporate Securities

AFA 2006 Boston Meetings Paper
Number of pages: 65 Posted: 15 Mar 2005
Stefano Rossi
Bocconi University
Downloads 863 (59,303)
Citation 4

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Technological innovation, patent, capital structure

8.

Optimal Resolutions of Financial Distress by Contract

Downloads 756 (70,832)
Citation 18

Optimal Resolutions of Financial Distress by Contract

Number of pages: 39 Posted: 12 Jul 2006 Last Revised: 26 Oct 2008
Nicola Gennaioli and Stefano Rossi
Bocconi University - Department of Finance and Bocconi University
Downloads 497 (118,849)
Citation 6

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Corporate bankruptcy, Creditor Protection, Financial contracting

Contractual Resolutions of Financial Distress

Number of pages: 50 Posted: 25 Mar 2008 Last Revised: 29 Oct 2009
Nicola Gennaioli and Stefano Rossi
Bocconi University - Department of Finance and Bocconi University
Downloads 259 (245,782)
Citation 12

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Financial Distress, Investor Protection, Financial Contracting

9.

Credit Cycles, Expectations, and Corporate Investment

Downloads 717 (75,926)
Citation 1

Credit Cycles, Expectations, and Corporate Investment

Number of pages: 105 Posted: 08 May 2019 Last Revised: 20 Feb 2024
Huseyin Gulen, Mihai Ion, Candace Jens and Stefano Rossi
Mitchell E. Daniels, Jr School of Business, Purdue University, University of Arizona - Department of Finance, Syracuse University - Whitman School of Management and Bocconi University
Downloads 715 (75,039)
Citation 1

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Credit-market sentiment, credit cycles, corporate investment, over-extrapolation

Credit Cycles, Expectations, and Corporate Investment

CEPR Discussion Paper No. DP13679
Number of pages: 85 Posted: 24 Apr 2019
Stefano Rossi, Huseyin Gulen and Mihai Ion
Bocconi University, Mitchell E. Daniels, Jr School of Business, Purdue University and University of Arizona - Department of Finance
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corporate investment, Credit cycles, Credit-market sentiment, over-extrapolation

10.

Good Monitoring, Bad Monitoring

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 418/2014
Number of pages: 72 Posted: 07 Aug 2011 Last Revised: 30 Apr 2014
Yaniv Grinstein, Yaniv Grinstein and Stefano Rossi
Reichman University - Interdisciplinary Center (IDC) HerzliyahCornell University - Samuel Curtis Johnson Graduate School of Management and Bocconi University
Downloads 714 (76,323)
Citation 4

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monitoring, corporate governance, case law, regulation

11.

Sovereign Default, Domestic Banks, and Financial Institutions

Downloads 664 (83,646)
Citation 46

Sovereign Default, Domestic Banks, and Financial Institutions

Journal of Finance 69 (2014), 819-866
Number of pages: 71 Posted: 16 Mar 2012 Last Revised: 14 Jun 2021
Nicola Gennaioli, Alberto Martin and Stefano Rossi
Bocconi University - Department of Finance, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University
Downloads 650 (84,785)
Citation 8

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Sovereign Risk, Capital Flows, Institutions, Financial Liberalization, Sudden Stops

Sovereign Default, Domestic Banks and Financial Institutions

CEPR Discussion Paper No. DP7955
Number of pages: 58 Posted: 16 Aug 2010
Nicola Gennaioli, Alberto Martin and Stefano Rossi
Bocconi University - Department of Finance, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University
Downloads 14 (1,222,318)
Citation 38
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Capital Flows, Financial Liberalization, Institutions, Sovereign Risk, Sudden Stops

12.

Banks, Government Bonds, and Default: What Do the Data Say?

Downloads 546 (107,237)
Citation 67

Banks, Government Bonds, and Default: What Do the Data Say?

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 425/2014
Number of pages: 60 Posted: 11 Aug 2013 Last Revised: 14 Jun 2014
Nicola Gennaioli, Alberto Martin and Stefano Rossi
Bocconi University - Department of Finance, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University
Downloads 391 (157,911)
Citation 54

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Sovereign Risk, Sovereign Default, Government Bonds

Banks, Government Bonds, and Default: What Do the Data Say?

IMF Working Paper No. 14/120
Number of pages: 54 Posted: 01 Aug 2014
Nicola Gennaioli, Alberto Martin and Stefano Rossi
Bocconi University - Department of Finance, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University
Downloads 152 (404,681)
Citation 13

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Banks, Government securities, Bonds, Sovereign risk, Return on investment, Sovereign debt defaults, Banking crisis, Sovereign Default, Government Bonds, bond, public bonds, bond returns, sovereign bond, sovereign defaults, central bank, government bond, private credit, demand for bonds, bond return, financial institutions, sovereign bonds, bond prices, financial markets, bond spreads, bond index, international financial statistics, financial intermediation, bond market, domestic financial markets, financial repression, global bond, global bond index, emerging market bond, sovereign bond market, market bond, central banks, debt crisis, debt restructuring, foreign bonds, international financia

Banks, Government Bonds, and Default: What Do the Data Say?

CEPR Discussion Paper No. DP10044
Number of pages: 57 Posted: 25 Sep 2014
Nicola Gennaioli, Alberto Martin and Stefano Rossi
Bocconi University - Department of Finance, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University
Downloads 3 (1,343,100)
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government bonds, sovereign default, sovereign risk

13.

Rational Quantitative Trading in Efficient Markets

Journal of Economic Theory, Forthcoming
Number of pages: 67 Posted: 21 Dec 2009 Last Revised: 24 Oct 2020
Stefano Rossi and Katrin Tinn
Bocconi University and McGill University - Desautels Faculty of Management
Downloads 438 (140,035)

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Quantitative trading, Uncertainty about informed trading, Market efficiency, Learning

14.

Judicial Discretion in Corporate Bankruptcy

Downloads 386 (161,772)
Citation 8

Judicial Discretion in Corporate Bankruptcy

UBC Winter Finance Conference 2008 Paper, EFA 2008 Athens Meetings Paper
Number of pages: 47 Posted: 04 Dec 2007 Last Revised: 21 Jan 2009
Nicola Gennaioli and Stefano Rossi
Bocconi University - Department of Finance and Bocconi University
Downloads 258 (246,717)
Citation 1

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Judicial Discretion, Corporate Bankruptcy

Judicial Discretion in Corporate Bankruptcy

Number of pages: 47 Posted: 25 Mar 2008 Last Revised: 21 Jan 2009
Nicola Gennaioli and Stefano Rossi
Bocconi University - Department of Finance and Bocconi University
Downloads 128 (465,599)
Citation 7

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Judicial Discretion, Corporate Bankruptcy

15.

Insurance Companies and the Propagation of Liquidity Shocks to the Real Economy

Downloads 369 (170,130)

Insurance Companies and the Propagation of Liquidity Shocks to the Real Economy

Number of pages: 50 Posted: 26 Aug 2020 Last Revised: 29 Jun 2023
Yubo Liu, Stefano Rossi and Hayong Yun
Xiamen University, Bocconi University and Michigan State University - Department of Finance
Downloads 363 (171,636)

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insurance companies, market liquidity, natural disasters, fire sales, reinsurance, public and private investment

Insurance Companies and the Propagation of Liquidity Shocks to the Real Economy

CEPR Discussion Paper No. DP16322
Number of pages: 125 Posted: 14 Jul 2021
Yubo Liu, Stefano Rossi and Hayong Yun
Xiamen University, Bocconi University and Michigan State University - Department of Finance
Downloads 6 (1,319,789)
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16.

Should Shareholders Have a Say on Acquisitions?

European Corporate Governance Institute – Finance Working Paper No. 734/2021
Number of pages: 27 Posted: 05 Mar 2021
Marco Becht, Andrea Polo and Stefano Rossi
Solvay Brussels School of Economics and Management (ULB), Luiss Guido Carli University - Department of Economics and Finance and Bocconi University
Downloads 295 (216,419)

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Corporate acquisitions, shareholder voting, corporate governance

17.

Institutions, Public Debt and Foreign Finance

Downloads 209 (221,158)
Citation 2

Institutions, Public Debt and Foreign Finance

AFA 2010 Atlanta Meetings Paper
Number of pages: 52 Posted: 20 Mar 2009 Last Revised: 15 Mar 2012
Nicola Gennaioli, Alberto Martin and Stefano Rossi
Bocconi University - Department of Finance, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University
Downloads 209 (303,375)
Citation 2

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Sovereign Risk, Capital Flows, Institutions, Financial Liberalization, Sudden Stops

18.

Credit Market Driven Acquisitions

Number of pages: 76 Posted: 15 Apr 2022 Last Revised: 15 Oct 2024
Huseyin Gulen, Candace Jens and Stefano Rossi
Mitchell E. Daniels, Jr School of Business, Purdue University, Syracuse University - Whitman School of Management and Bocconi University
Downloads 270 (237,174)

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takeovers, mergers and acquisitions, credit quality, merger waves.

19.

The Role of Lockups in Stock Mergers

Management Science, Forthcoming
Number of pages: 63 Posted: 16 Jun 2021 Last Revised: 11 Aug 2024
Zhong Chen, Yi Liu and Stefano Rossi
King’s College London, Southwest University of Finance and Economics and Bocconi University
Downloads 248 (258,418)

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Lockups, mergers and acquisitions, stock deals, equity valuation

20.

The VAT Trap: How Consumption Tax Hikes Make Firms Pay Out More and Invest Less

FEB-RN Research Paper No. 28/2024
Number of pages: 72 Posted: 27 Jan 2024 Last Revised: 13 Nov 2024
Martin Jacob, Roni Michaely and Stefano Rossi
University of Navarra, IESE Business School, The University of Hong Kong and Bocconi University
Downloads 244 (262,578)

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Consumption Tax, Capital Accumulation, Corporate Payout, Tax Policy

21.

Financial Reform and Public Good Provision: Municipal Bankruptcy Law and the Financing of Hospitals

Downloads 225 (284,053)
Citation 5

Financial Reform and Public Good Provision: Municipal Bankruptcy Law and the Financing of Hospitals

Number of pages: 54 Posted: 04 Dec 2015 Last Revised: 19 Oct 2021
Stefano Rossi and Hayong Yun
Bocconi University and Michigan State University - Department of Finance
Downloads 224 (283,833)
Citation 5

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bankruptcy, Chapter 9, municipal bonds, hospitals

What Drives Financial Reform? Economics and Politics of the State-Level Adoption of Municipal Bankruptcy Laws

CEPR Discussion Paper No. DP10984
Number of pages: 53 Posted: 16 Dec 2015
Stefano Rossi and Hayong Yun
Bocconi University and Michigan State University - Department of Finance
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bankruptcy, Chapter 9, judicial efficiency, labor union, municipal bonds

22.

Corporate Debt Structure Around the World

HKU Jockey Club Enterprise Sustainability Global Research Institute Paper No. 2024/018
Number of pages: 68 Posted: 13 Dec 2024 Last Revised: 25 Feb 2025
Alireza Aghaee, Lorenzo Bretscher and Stefano Rossi
Bocconi University, Swiss Finance Institute - HEC Lausanne and Bocconi University
Downloads 198 (320,471)

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Debt Structure, Debt Ownership Concentration, Law and Finance, Investor Protection, Creditor Rights

23.

The Coherence Side of Rationality: Rules of Thumb, Narrow Bracketing, and Managerial Incoherence in Corporate Forecasts

Number of pages: 72 Posted: 03 Jan 2023 Last Revised: 21 Apr 2024
Pamela Giustinelli, Pamela Giustinelli and Stefano Rossi
Bocconi Universityaffiliation not provided to SSRN and Bocconi University
Downloads 175 (358,397)

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Coherence, Rules of Thumb, Narrow Bracketing, Firm Expectations

24.

The Origination and Evolution of Ownership and Control

Number of pages: 44 Posted: 06 May 2003
Julian R. Franks, Colin Mayer and Stefano Rossi
London Business School - Institute of Finance and Accounting, University of Oxford - Said Business School and Bocconi University
Downloads 52 (796,463)
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Ownership, control, stock markets, investor protection

25.

The Political Economy of Municipal Bankruptcy

Number of pages: 12 Posted: 11 Mar 2024
Stefano Rossi and Hayong Yun
Bocconi University and Michigan State University - Department of Finance
Downloads 16 (1,156,097)

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municipal bankruptcy, Chapter 9, municipal bonds

26.

Returns to Shareholder Activism: Evidence from a Clinical Study of the Hermes UK Focus Fund

The Review of Financial Studies, Vol. 22, Issue 8, pp. 3093-3129, 2009
Posted: 05 Aug 2009
Marco Becht, Julian R. Franks, Colin Mayer and Stefano Rossi
Solvay Brussels School of Economics and Management (ULB), London Business School - Institute of Finance and Accounting, University of Oxford - Said Business School and Bocconi University

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