{"id":14470,"date":"2025-03-28T08:28:05","date_gmt":"2025-03-28T07:28:05","guid":{"rendered":"https:\/\/business.uc3m.es\/\/members\/kurt-desender\/"},"modified":"2026-03-26T15:37:03","modified_gmt":"2026-03-26T14:37:03","slug":"kurt-desender","status":"publish","type":"members","link":"https:\/\/business.uc3m.es\/en\/members\/kurt-desender\/","title":{"rendered":"Kurt Desender"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"14470\" class=\"elementor elementor-14470 elementor-4978\" data-elementor-post-type=\"members\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7648340a e-flex e-con-boxed e-con e-parent\" data-id=\"7648340a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-24a62ac e-con-full e-flex e-con e-child\" data-id=\"24a62ac\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-58180e17 elementor-widget-mobile__width-inherit elementor-widget elementor-widget-image\" data-id=\"58180e17\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1140\" height=\"1140\" src=\"https:\/\/business.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-kurt-desender.png\" class=\"attachment-full size-full wp-image-4980\" alt=\"\" srcset=\"https:\/\/business.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-kurt-desender.png 1140w, https:\/\/business.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-kurt-desender-300x300.png 300w, https:\/\/business.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-kurt-desender-1024x1024.png 1024w, https:\/\/business.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-kurt-desender-150x150.png 150w, https:\/\/business.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-kurt-desender-768x768.png 768w\" sizes=\"(max-width: 1140px) 100vw, 1140px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59debd2f elementor-widget elementor-widget-spacer\" data-id=\"59debd2f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3deb2aa4 elementor-hidden-mobile elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"3deb2aa4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:kdesende@emp.uc3m.es\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-envelope\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M464 64H48C21.49 64 0 85.49 0 112v288c0 26.51 21.49 48 48 48h416c26.51 0 48-21.49 48-48V112c0-26.51-21.49-48-48-48zm0 48v40.805c-22.422 18.259-58.168 46.651-134.587 106.49-16.841 13.247-50.201 45.072-73.413 44.701-23.208.375-56.579-31.459-73.413-44.701C106.18 199.465 70.425 171.067 48 152.805V112h416zM48 400V214.398c22.914 18.251 55.409 43.862 104.938 82.646 21.857 17.205 60.134 55.186 103.062 54.955 42.717.231 80.509-37.199 103.053-54.947 49.528-38.783 82.032-64.401 104.947-82.653V400H48z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Email: kdesende@emp.uc3m.es<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-map-marker-alt\" viewBox=\"0 0 384 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M172.268 501.67C26.97 291.031 0 269.413 0 192 0 85.961 85.961 0 192 0s192 85.961 192 192c0 77.413-26.97 99.031-172.268 309.67-9.535 13.774-29.93 13.773-39.464 0zM192 272c44.183 0 80-35.817 80-80s-35.817-80-80-80-80 35.817-80 80 35.817 80 80 80z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Address \/ Office: C\/ Madrid, 126 - 28903 Getafe (Madrid) Spain \/ 6.0.17<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-phone-alt\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M497.39 361.8l-112-48a24 24 0 0 0-28 6.9l-49.6 60.6A370.66 370.66 0 0 1 130.6 204.11l60.6-49.6a23.94 23.94 0 0 0 6.9-28l-48-112A24.16 24.16 0 0 0 122.6.61l-104 24A24 24 0 0 0 0 48c0 256.5 207.9 464 464 464a24 24 0 0 0 23.4-18.6l24-104a24.29 24.29 0 0 0-14.01-27.6z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Phone: (34) 91 624 58 44<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/scholar.google.es\/citations?user=LzDl07cAAAAJ&#038;hl=es\" target=\"_blank\" rel=\"noopener\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-google\" viewBox=\"0 0 488 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M488 261.8C488 403.3 391.1 504 248 504 110.8 504 0 393.2 0 256S110.8 8 248 8c66.8 0 123 24.5 166.3 64.9l-67.5 64.9C258.5 52.6 94.3 116.6 94.3 256c0 86.5 69.1 156.6 153.7 156.6 98.2 0 135-70.4 140.8-106.9H248v-85.3h236.1c2.3 12.7 3.9 24.9 3.9 41.4z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Google Scholar<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/business.uc3m.es\/\/wp-content\/uploads\/2025\/03\/cv_1455648503.pdf\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-file-archive\" viewBox=\"0 0 384 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M128.3 160v32h32v-32zm64-96h-32v32h32zm-64 32v32h32V96zm64 32h-32v32h32zm177.6-30.1L286 14C277 5 264.8-.1 252.1-.1H48C21.5 0 0 21.5 0 48v416c0 26.5 21.5 48 48 48h288c26.5 0 48-21.5 48-48V131.9c0-12.7-5.1-25-14.1-34zM256 51.9l76.1 76.1H256zM336 464H48V48h79.7v16h32V48H208v104c0 13.3 10.7 24 24 24h104zM194.2 265.7c-1.1-5.6-6-9.7-11.8-9.7h-22.1v-32h-32v32l-19.7 97.1C102 385.6 126.8 416 160 416c33.1 0 57.9-30.2 51.5-62.6zm-33.9 124.4c-17.9 0-32.4-12.1-32.4-27s14.5-27 32.4-27 32.4 12.1 32.4 27-14.5 27-32.4 27zm32-198.1h-32v32h32z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">CV<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cffeff2 elementor-hidden-mobile elementor-widget elementor-widget-spacer\" data-id=\"cffeff2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a967436 elementor-hidden-mobile elementor-view-default elementor-position-block-start elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"5a967436\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\" class=\"elementor-icon\" tabindex=\"-1\" aria-label=\"BUSINESS UC3M\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-x-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z\"><\/path><\/svg>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\">\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4ad474ae e-con-full e-flex e-con e-child\" data-id=\"4ad474ae\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3696dbaf elementor-widget elementor-widget-heading\" data-id=\"3696dbaf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Kurt Desender<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5cee9eff elementor-widget elementor-widget-heading\" data-id=\"5cee9eff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Associate Professor of Management<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3eba5d46 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"3eba5d46\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Education<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2437acc elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"2437acc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-40afa45f elementor-widget elementor-widget-text-editor\" data-id=\"40afa45f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Kurt holds a doctorate in Business Economics from the Autonomous University of Barcelona. He has a master&#8217;s degree in Economics, Management and Business Organization from the Autonomous University of Barcelona and a degree in Business Administration and Management from the Catholic University of Leuven. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e864208 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"e864208\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Research Interests<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b0f635 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1b0f635\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bc81ac8 elementor-widget elementor-widget-text-editor\" data-id=\"bc81ac8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>His research interests focus on corporate governance, business management, CSR, and financial accounting.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18691a12 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"18691a12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Selected publications<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ea4811f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5ea4811f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2af8ba5d elementor-widget elementor-widget-text-editor\" data-id=\"2af8ba5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M. &#8220;<a href=\"https:\/\/doi.org\/10.1111\/corg.12611\" target=\"_blank\" rel=\"noopener\">From Universal Owners to Owners of the Universe? How the Big Three Are Reshaping Corporate Governance<\/a>&#8220;, Corporate Governance: An International Review (forthcoming)<\/p><div>Desender, K., &amp; Epure, M. (2021). &#8220;<a href=\"https:\/\/doi.org\/10.1002\/gsj.1390\" target=\"_blank\" rel=\"noopener\">The pressure behind corporate social performance: Ownership and institutional configurations<\/a>&#8220;. Global Strategy Journal, 11(2), 210\u2013244. <\/div><div> <\/div><div>Surroca, J., Aguilera. R., Desender, K. &amp; Trib\u00f3, J.A.: &#8220;<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1002\/smj.3132\" target=\"_blank\" rel=\"noopener\">Is managerial entrenchment always bad and corporate social responsibility always good? A cross\u2010national examination of their combined influence on shareholder value<\/a>\u201d, Strategic Management Journal <a title=\"\" href=\"https:\/\/onlinelibrary.wiley.com\/toc\/10970266\/2020\/41\/5\" data-original-title=\"View Volume 41, Issue 5\" target=\"_blank\" rel=\"noopener\"><span class=\"val\">41<\/span>,<\/a> 891-920 <\/div><p>Desender, K., L\u00f3pez-Puertas-Lamy, M., Pattitoni, P., Petracci, B.: \u201c<a href=\"https:\/\/doi.org\/10.1111\/corg.12312\" target=\"_blank\" rel=\"noopener\">Corporate Social Responsibility and Cost of Financing \u2013 the Importance of the International Corporate Governance System<\/a>\u201d, Corporate Governance: An International Review 28, 207-234<\/p><p>Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M., Lee, J.H.: \u201c<a href=\"https:\/\/www.researchgate.net\/publication\/311356520_The_governance_impact_of_a_changing_investor_landscape\" target=\"_blank\" rel=\"noopener\">The governance impact of a changing investor landscape<\/a>\u201d, Journal of International Business Studies vol. 48 (2), 2017, 195\u2013221.<\/p><p>Desender, K., Aguilera, R. V., LopezPuertas-Lamy, M, Crespi-Cladera, R.: \u201c<a href=\"https:\/\/www.researchgate.net\/publication\/267627937_A_Clash_Of_Governance_Logics_Foreign_Ownership_And_Board_Monitoring\" target=\"_blank\" rel=\"noopener\">A Clash of Governance Logics: Foreign Ownership and Board Monitoring<\/a>\u201d, Strategic Management Journal vol. 37 (2), 2016, 349\u2013369.<\/p><p>Desender, K., Aguilera, R. V., Crespi-Cladera, R., Garcia Cestona, M.A.: &#8220;<a href=\"https:\/\/www.researchgate.net\/publication\/228299561_When_Does_Ownership_Matter_Board_Characteristics_and_Behavior\" target=\"_blank\" rel=\"noopener\">When Does Ownership Matter? Board Characteristics and Behavior<\/a>&#8220;, Strategic Management Journal vol. 34 (7), 2013, 823\u2013842.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f4b7a60 uael-faq-box-layout-yes align-at-left elementor-widget elementor-widget-uael-faq\" data-id=\"6f4b7a60\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"uael-faq.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t<div id='uael-faq-wrapper-186' class=\"uael-faq-wrapper\">\n\t\t\t\t<div class=\"uael-faq-container uael-faq-layout-accordion\" data-layout=\"accordion\" >\n\t\t\t\t\t\t\t\t\t\t\t\t<div id=\"uael-accordion-9984785\" class=\"uael-faq-accordion\" role=\"tablist\">\n\t\t\t\t\t\t\t\t<div class= \"uael-accordion-title\" aria-expanded=\"false\" role=\"tab\">\n\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon uael-accordion-icon-left\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"uael-question-9984785 uael-question-span\" tabindex=\"0\" id=\"uael-faq-1-6a59b401852d7\">Bio<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-accordion-content\" role=\"tabpanel\">\n\t\t\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t\t<span><p>Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M. \"<a href=\"https:\/\/doi.org\/10.1111\/corg.12611\" target=\"_blank\" rel=\"noopener\">From Universal Owners to Owners of the Universe? How the Big Three Are Reshaping Corporate Governance<\/a>\", Corporate Governance: An International Review (forthcoming)<\/p><div>Desender, K., &amp; Epure, M. (2021). \"<a href=\"https:\/\/doi.org\/10.1002\/gsj.1390\" target=\"_blank\" rel=\"noopener\">The pressure behind corporate social performance: Ownership and institutional configurations<\/a>\". Global Strategy Journal, 11(2), 210\u2013244.<\/div><p>Surroca, J., Aguilera. R., Desender, K. &amp; Trib\u00f3, J.A.: \"<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1002\/smj.3132\" target=\"_blank\" rel=\"noopener\">Is managerial entrenchment always bad and corporate social responsibility always good? A cross\u2010national examination of their combined influence on shareholder value<\/a>\u201d, Strategic Management Journal <a title=\"\" href=\"https:\/\/onlinelibrary.wiley.com\/toc\/10970266\/2020\/41\/5\" data-original-title=\"View Volume 41, Issue 5\" target=\"_blank\" rel=\"noopener\"><span class=\"val\">41<\/span>,<\/a> 891-920<\/p><p>Desender, K., L\u00f3pez-Puertas-Lamy, M., Pattitoni, P., Petracci, B.: \u201c<a href=\"https:\/\/doi.org\/10.1111\/corg.12312\" target=\"_blank\" rel=\"noopener\">Corporate Social Responsibility and Cost of Financing \u2013 the Importance of the International Corporate Governance System<\/a>\u201d, Corporate Governance: An International Review 28, 207-234<\/p><p>L\u00f3pez-Puertas-Lamy, M., Desender, K., Epure, M.: \u201cCorporate Social Responsibility and the Assessment by Auditors of the Risk of Material Misstatement\u201d, Journal of Business Finance &amp; Accounting vol. 44 (9-10), 2017, 1276\u20131314.<\/p><p>Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M., Lee, J.H.: \u201cThe governance impact of a changing investor landscape\u201d, Journal of International Business Studies vol. 48 (2), 2017, 195\u2013221.<\/p><p>Desender, K., Aguilera, R. V., LopezPuertas-Lamy, M, Crespi-Cladera, R.: \u201cA Clash of Governance Logics: Foreign Ownership and Board Monitoring\u201d, Strategic Management Journal vol. 37 (2), 2016, 349\u2013369.<\/p><p>Aguilera, R., Desender, K., Bednar, M., Lee, J.: \u201cConnecting the Dots: Bringing External Corporate Governance into the Corporate Governance Puzzle\u201d, Academy of Management Annals vol. 9 (1), 2015, 483-573.<\/p><p>Aguilera R. V, Desender, K.: \u201cGobierno Corporativo: Mapa Actual y Nuevas Tendencias\u201d, Informe Situaci\u00f3n Social de Espa\u00f1a 2015, Cap\u00edtulo 8 (2015).<\/p><p>Desender, K., Aguilera, R. V., Crespi-Cladera, R., Garcia Cestona, M.A.: \u201cWhen Does Ownership Matter? Board Characteristics and Behavior\u201d, Strategic Management Journal vol. 34 (7), 2013, 823\u2013842.<\/p><p>Aguilera R. V, Desender, K.: \u201cMethodological challenges in comparative corporate governance and strategic issues\u201d in Wang CL, Ketchen D, Bergh D. (ed.) Research Methodology in Strategy and<br \/>Management, Emerald Group Publishing Limited (2012).<\/p><p>Desender, K., Castro, E., Escamilla de Le\u00f3n, S.: \u201cEarnings Management and Culture\u201d, The American Journal of Economics and Sociology vol. 70 (3), 2011, 639-670.<\/p><p>Aguilera R. V, Desender K, Kabbach de Castro L.: \u201cA Configurational Perspective on Comparative Corporate Governanc\u201d in SAGE Handbook of Corporate Governance, Sage Publications (2011).<\/p><p>Desender K.: \u201cThe influence of the board composition on enterprise risk management\u201d in Handbook of Research on Enterprise IT Governance, Business Value and Performance Measurement, IGI Global (2010).<\/p><\/span>\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div id=\"uael-accordion-a14a01d\" class=\"uael-faq-accordion\" role=\"tablist\">\n\t\t\t\t\t\t\t\t<div class= \"uael-accordion-title\" aria-expanded=\"false\" role=\"tab\">\n\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon uael-accordion-icon-left\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-angle-right\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"uael-question-a14a01d uael-question-span\" tabindex=\"0\" id=\"uael-faq-2-6a59b401853de\">Publications<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-accordion-content\" role=\"tabpanel\">\n\t\t\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t\t<span><p>Desender, K.,\u00a0&amp;\u00a0LopezPuertas-Lamy, M.\u00a0(2026). \"<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S1061951826000066\" target=\"_blank\" rel=\"noopener\">The boardroom firewall: Gender diversity and cybersecurity<\/a>\".\u00a0Journal of International Accounting, Auditing and Taxation,\u00a060, 100750.<\/p><p>Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M. (2025) \"<a href=\"https:\/\/doi.org\/10.1111\/corg.12611\" target=\"_blank\" rel=\"noopener\">From Universal Owners to Owners of the Universe? How the Big Three Are Reshaping Corporate Governance<\/a>\",\u00a0Corporate Governance: An International Review\u00a033, 462-482<\/p><p>Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M. (2021) \"<a href=\"https:\/\/www.worldscientific.com\/doi\/abs\/10.1142\/S1094406021800019\" target=\"_blank\" rel=\"noopener\">Bridging Accounting and Corporate Governance: New Avenues of Research<\/a>\",\u00a0The International Journal of Accounting\u00a056, 2180001<\/p><p>Desender, K.,\u00a0&amp; Epure, M. (2021). \"<a href=\"https:\/\/doi.org\/10.1002\/gsj.1390\" target=\"_blank\" rel=\"noopener\">The pressure behind corporate social performance: Ownership and institutional configurations<\/a>\".\u00a0Global Strategy Journal, 11(2), 210\u2013244.<\/p><p>Surroca, J.,\u00a0Aguilera. R., Desender, K. &amp;\u00a0Trib\u00f3, J.A. (2020)\u00a0\"<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1002\/smj.3132\" target=\"_blank\" rel=\"noopener\">Is managerial entrenchment always bad and corporate social responsibility always good? A cross\u2010national examination of their combined influence on shareholder value<\/a>\u201d,\u00a0Strategic Management Journal\u00a0<a title=\"\" href=\"https:\/\/onlinelibrary.wiley.com\/toc\/10970266\/2020\/41\/5\" data-original-title=\"View Volume 41, Issue 5\" target=\"_blank\" rel=\"noopener\"><span class=\"val\">41<\/span>,<\/a>\u00a0891-920<\/p><p>Desender, K., L\u00f3pez-Puertas-Lamy, M., Pattitoni, P., Petracci, B. (2020) \"<a href=\"https:\/\/doi.org\/10.1111\/corg.12312\" target=\"_blank\" rel=\"noopener\">Corporate Social Responsibility and Cost of Financing \u2013 the Importance of the International Corporate Governance System<\/a>\",\u00a0Corporate Governance: An International Review\u00a028, 207-234<\/p><p>L\u00f3pez-Puertas-Lamy, M., Desender, K., Epure, M. (2017) \"<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/jbfa.12268\" target=\"_blank\" rel=\"noopener\">Corporate Social Responsibility and the Assessment by Auditors of the Risk of Material Misstatement<\/a>\",\u00a0Journal of Business Finance &amp; Accounting\u00a0vol. 44 (9-10), 2017, 1276\u20131314.<\/p><p>Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M., Lee, J.H. (2017) \"<a href=\"https:\/\/link.springer.com\/article\/10.1057\/s41267-016-0043-y\" target=\"_blank\" rel=\"noopener\">The governance impact of a changing investor landscape<\/a>\",\u00a0Journal of International Business Studies\u00a0vol. 48 (2), 2017, 195\u2013221.<\/p><p>Desender, K., Aguilera, R. V., LopezPuertas-Lamy, M, Crespi-Cladera, R. (2016) \"<a href=\"https:\/\/sms.onlinelibrary.wiley.com\/doi\/full\/10.1002\/smj.2344\" target=\"_blank\" rel=\"noopener\">A Clash of Governance Logics: Foreign Ownership and Board Monitoring<\/a>\",\u00a0Strategic Management Journal\u00a0vol. 37 (2), 2016, 349\u2013369.<\/p><p>Aguilera, R., Desender, K., Bednar, M., Lee, J. (2015) \"\u00a0<a href=\"https:\/\/www.tandfonline.com\/doi\/abs\/10.1080\/19416520.2015.1024503\" target=\"_blank\" rel=\"noopener\">Connecting the Dots: Bringing External Corporate Governance into the Corporate Governance Puzzle<\/a>\",\u00a0Academy of Management Annals\u00a0vol.\u00a09 (1), 2015, 483-573.<\/p><p>Aguilera R. V, Desender, K. (2015) \"Gobierno Corporativo: Mapa Actual y Nuevas Tendencias\",\u00a0Informe Situaci\u00f3n Social de Espa\u00f1a 2015, Cap\u00edtulo 8.\u00a0<\/p><p>Desender, K., Aguilera, R. V., Crespi-Cladera, R., Garcia Cestona, M.A. (2013) \"<a href=\"https:\/\/sms.onlinelibrary.wiley.com\/doi\/full\/10.1002\/smj.2046\" target=\"_blank\" rel=\"noopener\">When Does Ownership Matter? Board Characteristics and Behavior<\/a>\",\u00a0Strategic Management Journal\u00a0vol.\u00a034 (7), 2013, 823\u2013842.<\/p><p>Aguilera R. V, Desender, K. (2012) \"Methodological challenges in comparative corporate governance and strategic issues\" in Wang CL, Ketchen D, Bergh D. (ed.)\u00a0Research Methodology in Strategy and<br \/>Management, Emerald Group Publishing Limited.<\/p><p>Desender, K., Castro, E., Escamilla de Le\u00f3n, S. (2011) \"<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/j.1536-7150.2011.00786.x\" target=\"_blank\" rel=\"noopener\">Earnings Management and Culture<\/a>\",\u00a0The American Journal of Economics and Sociology\u00a070 (3), 639-670.<\/p><p>Desender K, Lafuente E. (2011). \"The Relationship Between Enterprise Risk Management and External Audit Fees: Are They Complements or Substitutes?\" in Abolhassan, J. (ed.)\u00a0Risk Management and Corporate Governance, Routledge.\u00a0<\/p><p>Aguilera R. V, Desender K, Kabbach de Castro L. (2011) \"A Configurational Perspective on Comparative Corporate Governance\" in\u00a0SAGE Handbook of Corporate Governance,\u00a0Sage Publications.\u00a0<\/p><p>Desender K. (2010) \"The influence of the board composition on enterprise risk management\" in\u00a0Handbook of Research on Enterprise IT Governance, Business Value and Performance Measurement,\u00a0IGI Global.\u00a0<\/p><\/span>\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1c0f7b33 elementor-hidden-desktop elementor-hidden-tablet e-flex e-con-boxed e-con e-parent\" data-id=\"1c0f7b33\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-52e47515 elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"52e47515\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:%20rosa.rodriguez@uc3m.es\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-envelope\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M464 64H48C21.49 64 0 85.49 0 112v288c0 26.51 21.49 48 48 48h416c26.51 0 48-21.49 48-48V112c0-26.51-21.49-48-48-48zm0 48v40.805c-22.422 18.259-58.168 46.651-134.587 106.49-16.841 13.247-50.201 45.072-73.413 44.701-23.208.375-56.579-31.459-73.413-44.701C106.18 199.465 70.425 171.067 48 152.805V112h416zM48 400V214.398c22.914 18.251 55.409 43.862 104.938 82.646 21.857 17.205 60.134 55.186 103.062 54.955 42.717.231 80.509-37.199 103.053-54.947 49.528-38.783 82.032-64.401 104.947-82.653V400H48z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Email: kdesende@emp.uc3m.es<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-map-marker-alt\" viewBox=\"0 0 384 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M172.268 501.67C26.97 291.031 0 269.413 0 192 0 85.961 85.961 0 192 0s192 85.961 192 192c0 77.413-26.97 99.031-172.268 309.67-9.535 13.774-29.93 13.773-39.464 0zM192 272c44.183 0 80-35.817 80-80s-35.817-80-80-80-80 35.817-80 80 35.817 80 80 80z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Address \/ Office: C\/ Madrid, 126 - 28903 Getafe (Madrid) Spain \/ 6.0.17<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-phone-alt\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M497.39 361.8l-112-48a24 24 0 0 0-28 6.9l-49.6 60.6A370.66 370.66 0 0 1 130.6 204.11l60.6-49.6a23.94 23.94 0 0 0 6.9-28l-48-112A24.16 24.16 0 0 0 122.6.61l-104 24A24 24 0 0 0 0 48c0 256.5 207.9 464 464 464a24 24 0 0 0 23.4-18.6l24-104a24.29 24.29 0 0 0-14.01-27.6z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Phone: (34) 91 624 58 44<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/scholar.google.es\/citations?user=LzDl07cAAAAJ&#038;hl=es\" target=\"_blank\" rel=\"noopener\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-google\" viewBox=\"0 0 488 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M488 261.8C488 403.3 391.1 504 248 504 110.8 504 0 393.2 0 256S110.8 8 248 8c66.8 0 123 24.5 166.3 64.9l-67.5 64.9C258.5 52.6 94.3 116.6 94.3 256c0 86.5 69.1 156.6 153.7 156.6 98.2 0 135-70.4 140.8-106.9H248v-85.3h236.1c2.3 12.7 3.9 24.9 3.9 41.4z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Google Scholar<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/business.uc3m.es\/\/wp-content\/uploads\/2025\/03\/cv_1455648503.pdf\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-file-archive\" viewBox=\"0 0 384 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M128.3 160v32h32v-32zm64-96h-32v32h32zm-64 32v32h32V96zm64 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