Finance

Sovereign Wealth Funds: Reduced Investment Goes to the Safe Harbors Of The West

In 2013, 175 operations for 50.1 billion dollars, a significant drop from previous years. The report of the Sovereign Investment Lab at Bocconi shows a shift in flow from developing countries to those in the OECD, including severe changes in China

Gold collateral: too worthy to be worth the early redemption

A paper by Battauz, De Donno and Sbuelz suggests when to redeem a loan with gold as a collateral

Risk Analysis with Contractual Default. Does covenant breach matter?

Emanuele Borgonovo and Stefano Gatti published in the European Journal of Operational Research

Corporate Finance: It's Finally Time to Spend

An analysis conducted by Stefano Gatti and Carlo Chiarella of CAREFIN Bocconi in cooperation with Goldman Sachs highlights good prospects for investments as well as merger and acquisition deals

The Weird Effects of Knightood: More Employment, Less Profits

A new research paper by Linus Siming, joint with Konrad Raff, shows that nonmonetary rewards such as knighthoods and damehoods can actually affect the behaviour of CEOs, reducing jobs cuts, at the expenses of shareholder returns

Two Young Bocconi Scholars Win the 4nations Cup

Nicola Gennaioli and Nicolas Serrano-Velarde represented Italy in the "fierce battle" for the financial economics research prize