BUSINESS UC3M

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Anna Toldrà-Simats

Associate Professor of Finance

Education

2007 PhD in Economics. University of Toulouse.
2001 M. Phil. in Finance. University of Toulouse.
2000 B.A. in Economics. Universitat Autonoma de Barcelona.

Research Interests

Financial Intermediaries, Corporate Finance, Innovation, Entrepreneurship, Venture Capital, Banking, Experiments.

Selected publications

Institutional blockholders and corporate innovation” (with B. Guo, D. Hutschenreiter, and D. Pérez-Castrillo), Journal of Corporate Finance (2026), vol. 100 (103011).

Firms’ innovation strategy under the shadow of analyst coverage” (with B. Guo and D. Pérez-Castrillo), Journal of Financial Economics (2019), vol. 131 (2), 456-483.

The strategic behaviour of firms with debt” (with J. Reboul), Journal of Financial and Quantitative Analysis (2016), vol. 51 (5), 1611-1636.

Understanding trust” (with P. Sapienza and L. Zingales), The Economic Journal (2013), vol. 123 (573), 1313-1332.

Anna Toldrà-Simats is Associate Professor of Finance in the Department of Business Administration at the Universidad Carlos III de Madrid.

Her research focuses on the areas of financial intermediaries and corporate finance, innovation, venture capital and entrepreneurship, banking, and experiments. 

Prior to joining Universidad Carlos III de Madrid, Anna was a research scholar and lecturer at the Kellogg School of Management at Northwestern University (2006-08 and 2009-11) and at the Graduate School of Busines at University of Chicago (2008-09) . She holds a degree in Economics from the Universitat Autònoma de Barcelona and received her Master's and PhD in Economics from the Toulouse School of Economics.

 

[1] "Institutional blockholders and corporate innovation" (with B. Guo, D. Hutschenreiter, and D. Pérez-Castrillo), Journal of Corporate Finance (2026), vol. 100 (103011).

[2] "Firms' innovation strategy under the shadow of analyst coverage" (with B. Guo and D. Pérez-Castrillo), Journal of Financial Economics (2019), vol. 131 (2), 456-483.

[3] “The strategic behaviour of firms with debt” (with J. Reboul), Journal of Financial and Quantitative Analysis (2016), vol. 51 (5), 1611-1636.

[4] “Understanding trust” (with P. Sapienza and L. Zingales), The Economic Journal (2013), vol. 123 (573), 1313-1332.

[5] Cambio tecnológico, reestructuración bancaria y acceso a financiación de las PyMEs (with A. Martín-Oliver and S. Vicente). Cuadernos de Investigación SANFI, 25/2019. Ed. Universidad de Cantabria. Colección Difunde, n. 246. ISBN 978-84-8102-911-6.

 

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