UC3M Business - Professor MARÍA GUTIÉRREZ

email:
maria.gutierrez@uc3m.es

address / office:
C/ Madrid, 126 - 28903 Getafe (Madrid) Spain / 7.0.45

phone / fax:
(34) 91 624 58 40 / (34) 91 624 96 07

BUSINESS UC3M

@UC3M_BUSINESS

MARÍA GUTIÉRREZ

Associate Professor of Finance

Research interests

Corporate finance, corporate governance, law and finance

Selected publications

Gutiérrez, M. & Sáez, M.: “The Spanish Banking Crisis as a Corporate Governance Problem” in “Governance of Financial Institutions” editado por Danny Busch, Guido Ferrarini, y Gerard van Solinge, Oxford University Press, 2019.

Gutiérrez, M. & Sáez, M.: “The Promise of Reward Crowdfunding ”, Corporate Governance: An International Review vol. 26 (5), 2018, 355-373.

Gutiérrez, M. & Sáez, M.: “A Contractual Approach to Discipline Self-dealing by Controlling Shareholders ”, Journal of Law, Finance and Accounting vol. 2 (1), 2017, 173-204.

Gutiérrez, M., Menozzi, A. & Vannoni, D.: “Board Composition, Political Connections, and Performance in State-Owned Enterprises ”, Industrial and Corporate Change vol. 21 (3), 671-698

Gutiérrez, M.: “An Economic Analysis of Corporate Directors' Fiduciary Duties ”, Rand Journal of Economics vol. 34, 2003, 516-535.

+ BIO

María Gutiérrez is an Associate Professor at the Universidad Carlos III, Department of Business Administration. She received a Ph.D. in Economics from the Universidad Complutense in 2000 and a Master in Economics and Finance from CEMFI in 1997. She teaches corporate governance, corporate finance and financial management to both undergraduates and master students.

Her current research interests include corporate governance, corporate finance and law and economics. She is a research associate of the European Corporate Governance Institute (ECGI). Her research examines corporate governance institutions such as boards of directors and fiduciary duties and corporate governance problems such as minority expropriation and bankruptcy costs.

María has received several grants and awards for her research work. Her work is regularly presented at prestigious conferences including the American Law and Economics Association, the European Economic Association and the European Finance Association. Since 2012 she is member of the Consulting Comitee Comisión Nacional del Mercado de Valores CNMV.

+ Publications

Gutiérrez, M. & Sáez, M.: “The Promise of Reward Crowdfunding ”, Corporate Governance: An International Review vol. 26 (5), 2018, 355-373.

Gutiérrez, M. & Sáez, M.: “Strong shareholders, weak outside investors”, Journal of Journal of Corporate Law Studies vol. 18 (2), 2018, 277-309.

Gutiérrez, M. & Sáez, M.: “A Contractual Approach to Discipline Self-dealing by Controlling Shareholders ”, Journal of Law, Finance and Accounting vol. 2 (1), 2017, 173-204.

Gutiérrez, M. & Sáez, M.: “Los retos del Gobierno Corporativo de las Sociedades Controladas”, Papeles de Economía Española vol. 151, 2017, 33-46.

Gutiérrez, M. & Sáez, M.: “Dividend Policy with Controlling Shareholders”, Theoretical Inquiries in Law vol 16 (1), 2015, 107–130.

Gutiérrez, M. & Sáez, M.: “Deconstructing Independent Directors”, Journal of Corporate Law Studies vol. 13 (1), 2013, 63-94.

Gutiérrez, M., Tribó, J. & Mariano, B.: “Ownership Structure and Minority Expropriation: The Case for Multiple Blockholders”, Applied Financial Economics vol. 22 (24), 2012, 2075-2083.

Gutiérrez, M., Menozzi, A. & Vannoni, D.: “Board Composition, Political Connections, and Performance in State-Owned Enterprises ”, Industrial and Corporate Change vol. 21 (3), 671-698

Gutiérrez, M.: “Los procedimientos concursales como instituciones de gobierno corporativo”, Anuario de Derecho Concursal vol. 6, 2005, 307-328.

Gutiérrez, M.: “A Contractual Approach to the Regulation of Corporate Directors' Fiduciary Duties”, Journal of Corporate Ownership and Control vol. 1, 2004, 72-80.

Gutiérrez, M.: “An Economic Analysis of Corporate Directors' Fiduciary Duties”, Rand Journal of Economics vol. 34, 2003, 516-535.

Gutiérrez, M.: “El gobierno empresarial: un análisis económico”, Estabilidad Financiera vol. 4, 2003, 155-186.

Gutiérrez, M.: “Efectos del Endeudamiento sobre los Resultados de las Empresas en Sectores en Crisis”, Investigaciones Económicas vol. 24, 2000, 75-116