Our Candidates

Our Candidates 2025/2026

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SANDRA MERINO VERONA

Labor Market Article Title: How Shared Leadership Drives Team Adaptation: Behavioral Mechanisms and Boundary Conditions.

Areas of interest: work teams, leadership, team adaptation, interdependence, emergence, quantitative experimental research, longitudinal and multilevel modeling, social network analysis.

References: Ramón Rico (Universidad Carlos III de Madrid), Sjir Uitdewilligen (University of Maastricht), Daniel Griffin (University of South Florida), Marylène Gagné (Curtin University).

Website:

https://sites.google.com/view/sandra-merino-verona/home

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DAVID GARCÍA-MÉNDEZ

Labor Market Article Title: Does Retail Order Flow Internalization Increase Information Acquisition?

Areas of interest: empirical market microstructure, finance, economics of information, industrial organization.

References: Jesper Rüdiger (UC3M), José Penalva (UC3M), Pablo Ruiz-Verdú (UC3M).

Website: https://www.dgarciamendez.com/

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Sergio Rodríguez-Garnica

Labor Market Paper (Review and Resubmit at Theory and Practice of Entrepreneurship): “We Own What You Think”: Side Hustles and High-Growth Entrepreneurship. Evidence from a Quasi-Natural Experiment.

Areas of interest: Entrepreneurship; Institutional Influences on Entrepreneurship; Entrepreneurial Innovation; Human Capital and Entrepreneurial Careers; Business Strategy.

References: Eduardo Melero (UC3M), Adrián L. Mérida (UIB), ali Mohammadi (CBS).

Website:
https://sites.google.com/view/sergiorodriguezgarnica/

Our Candidates 2024/2025

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HOANG NHAN HA

Labor Market Paper Title: Does Auditor Communication Matter? The Role of Knowledge Compatibility.

Areas of interest: My research focuses on contemporary information and auditing issues related to technology, society, and sustainability. To support that, I specialize heavily in data science methods such as machine learning, deep learning, and generative AI, which I apply to both corporate reports and alternative data sources.

References: Juan Manuel García Lara (UC3M), Beatriz García Osma (UC3M), Wayne Landsman (UNC-Chapel Hill)

Website: https://hahoangnhan.github.io/
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Xioafei Qu

Labor Market Article Title: Categorical Positioning and Organizational Performance in Creative Markets.

Areas of interest: Strategy and organization theory.

References: Samira Reis (UC3M), Alicia Barroso (UC3M), Balázs Kovács (Yale)

Website:
https://sites.google.com/view/xiaofei-qu/home

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ANABEL MENDOZA LÓPEZ

Labor Market Article Title: The Relevance of Investor Dissent and Corporate Ownership.

Areas of interest: Ownership, corporate governance, stakeholder pressures, organizational responsiveness.

References: María José Sánchez-Bueno (UC3M), Luis Gómez-Mejía (University of Arizona), Cristina Cruz (IE Business School).

Website:
https://sites.google.com/view/anabelmendozalpez/home

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OTTO AFIUC

Labor Market Article Title: Executive Career Trajectories (Paths).

Areas of interest: marketing strategy, senior marketing professionals, digital financial technology in emerging markets, and corporate social responsibility (CSR) and sustainability.

References: Mercedes Esteban-Bravo (UC3M), José Manuel Vidal-Sanz (UC3M), Donald R. Lehmann (Columbia Business School, Columbia University).

Website:
https://sites.google.com/view/ottoafiuc

Our Candidates 2023/2024

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LI LIU

Article Title: The Effect of Collaboration Between Inventors on Mobility: The Role of Technological Complexity and Obsolescence Rate.

Areas of interest: innovation strategy, strategic human capital, intellectual property rights management, supply of highly skilled labor.

References: Neus Palomeras, Eduardo Melero, Pablo Ruiz Verdú

Website:
https://www.liliu.net.

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ANTONIO MORETA

Labor Market Article Title: «Financial Information Regulation and Bank Credit to Private Companies».

Areas of interest: Financial information regulation, debt contracting, financial information quality, credit supply crisis.

References: Juan Manuel García Lara, David Martínez-Miera, Beatriz García Osma.

Website:
https://antoniomoreta.com.

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THI THUY DUNG (JUN) NGUYEN

Labor Market Article Title: Clients’ Exposure to Cryptocurrencies and Auditors’ Responses.

Areas of interest: I am dedicated to archival auditing. My research interests include audit quality, auditor judgments, audit disclosure, auditor expertise, and the audit market.

References: Beatriz García Osma (UC3M), Encarna Guillamon-Saorín (UC3M) and W. Robert Knechel (University of Florida).

Website:
https://dnguyen-td.github.io/.

Our Candidates 2022/2023

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ALEJANDRO CASADO MANZANO

Areas of interest: Empirical banking, banking market structure, monetary policy, and financial information quality.

Labor Market Paper: Local Lending Specialization and Monetary Policy.

References: David Martínez Miera, Pablo Ruiz Verdú and Anna Toldrà Simats.

Website:
https://www.alejandrocasado.com.

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JESÚS DIEGO CASTILLO

Areas of interest: Management and analysis of supply networks, relationships between buyers and suppliers, resilience and sustainability.

Labor Market Article: Exploring the Role of Cognitive Integration in the Supply Base: Effects on Buyers’ Financial Performance.

References: Maria J. Montes-Sancho, Zhaohui Wu, Andreas Wieland.

Website:
https://sites.google.com/view/jesusdiegoc/home.

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GABRIEL RODRÍGUEZ GARNICA

Areas of interest: FinTech, crowdfunding, ICO, tokenization, blockchain, smart contracts, seed funding, entrepreneurship, and investor behavior.

Labor Market Article: Complements or Substitutes.

References: María Gutiérrez Urtiaga, Josep A. Tribó, Fernando Zapatero and Hugo Benedetti.

Website:
https://sites.google.com/view/gabrielrodriguezgarnica/.

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FENGZHI ZHU

Areas of interest: I am doing accounting. My research interests include Financial Reporting, Conservatism, Disclosure, Gender, Textual Analysis.

Job Market Paper: Firms’ Disclosure Strategies and Users’ Information Acquisition.

References: Sudipta Basu (Temple University), Juan Manuel García Lara (UC3M) and Beatriz García Osma (UC3M).

Website:
https://fengzhi22.github.io/.

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BILJANA GILEVSKA

Areas of interest: banking, financial accounting and financial stability.
Labor Market Paper: The effects of the ECB’s unconventional monetary policies between 2011 and 2018 on bank assets.

Thesis advisor and references: Margarita Samartín, Gerald P. Dwyer, Rebel A. Cole, Juan Manuel Lara, Juan Ignacio Peña.

References: Margarita Samartín, Gerald P. Dwyer, Rebel A. Cole and Christian Brownlees.

Website:
https://sites.google.com/view/biljanagilevska/about-me.

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JESÚS GARCÍA ROMANOS

Labor Market Article Title: Corporate Digitalization and Mass Employee Layoffs: The Choice Between Replacing and Retraining.

Thesis advisor: Ester Martínez-Ros.
Areas of interest: digital transformation, employment, sustainability, strategic human capital.

References: Eduardo Melero, Magdalena Dobrajska and Markus Simeth.

Website:
https://sites.google.com/view/garcia-romanos.

Our Candidates 2021/2022

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OMAR DE INÉS

Areas of interest: auditor conservatism, audit quality, information asymmetries, disclosure of information in audits, and audit materiality.

Labor Market Paper: Relative Importance of Audit and Debt Contracting.

Thesis advisor and references: Encarnación Guillamón Saorín and Beatriz García Osma.

References: Beatriz García Osma, Encarnación Guillamón Saorín and José S. Penalva.

Website:
https://sites.google.com/view/omardeines/home?authuser=0.

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DUY TAN DO

Areas of interest: corporate governance, information disclosure, taxation, and mergers and acquisitions.

Research Paper: Shareholder Voting and Information Disclosure in Mergers and Acquisitions.

Thesis advisor and references: Anna Toldrà-Simats and Beatriz García Osma.

References: Anna Toldrà-Simats, Beatriz García Osma and François Derrien.

Website:
https://sites.google.com/view/duytando/home.

Our Candidates 2020/2021

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SHANSHAN YUAN SHAN

Areas of interest: Energy economics.

Labor Market Paper: Ex-ante Day-Ahead Premium and Optimal Hedging in Electricity Markets with Green and Brown Producers.

Thesis advisor and references: Juan Ignacio Peña.

References: Juan Ignacio Peña.

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STAVRIANA HADJIGAVRIEL

Areas of interest: Auditing, audit fees, corruption, financial accounting, law enforcement.

Labor Market Article: Bribes and Audit Fees.

Thesis advisors: María Gutiérrez Urtiaga , Susana Gago-Rodríguez .

References: María Gutiérrez Urtiaga , Susana Gago-Rodríguez , Beatriz García Osma , Annita Florou .

web.

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Araks Ayvayzan

Areas of interest: Innovation management, open innovation, technology markets, corporate governance, strategy.

What is there to gain? External openness and technology markets.

Thesis advisors: Eduardo Melero, Kurt Desender

References: Eduardo Melero, Kurt Desender, Neus Palomeras.

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Julián Óscar Hernández

Areas of interest: Market microstructure, regulation of financial markets, and market efficiency.

Research Paper: Short-Sale Ban, Overvaluation, and Reduction of Market Efficiency: Evidence from the 201 Uptick Rule.

Thesis advisors: José Penalva and Mikel Tapia.

References: José Penalva, Mikel Tapia and Pedro Serrano.

Our Candidates 2019/2020

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Luciana Orozco

Areas of interest: Banking, financial information quality, and auditing.

Labor Market Article: Managing Regulatory Capital to Surpass Thresholds.

Thesis advisor and references: Beatriz García Osma, Anna Toldrá.
References: Beatriz García Osma, Anna Toldrá and Wayne Landsman.

web: lorozco@emp.uc3m.es

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Irina Gazizova

Areas of interest: Financial information quality, earnings management, and corporate social responsibility.

Labor Market Article: Corporate Social Responsibility and Financial Information Quality: Evidence from CSR-Related Disasters.

Thesis advisors: Beatriz García Osma and Juan M. García-Lara.

References: Beatriz García Osma, Juan M. García-Lara and Philip P. M. Joos.

web: igazizov@emp.uc3m.es

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Akram Khalilov

Areas of interest: Financial information quality, insider trading, price efficiency, short sales, executive compensation.

Labor Market Article: The Advantages of Conservatism on the Balance Sheet: Evidence from the Financial Crisis.

Thesis advisor: Beatriz García Osma.

References: Beatriz García Osma, Juan M. García-Lara.

Web: akhalilo@emp.uc3m.es

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Said Matr

Areas of interest: Technology and innovation management, human capital management and labor mobility, optimization models and decision-making process.

Master’s thesis: External openness of the innovation process, implications for labor mobility abroad.

Thesis advisors: Neus Palomeras, Eduardo Melero.
References: Andrea Fosfuri.

Web: smatr@emp.uc3m.es

Our Candidates 2018/2019

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Faiza Majid

Areas of interest: Corporate Finance/Corporate Governance.

Labor Market Article: Competition, Board Independence and Corporate Governance Regulation: Evidence from a Quasi Natural Experiment.

Thesis advisor and references: Pablo Ruiz Verdu.

References:
fmajid@emp.uc3m.es

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Antonio B. Vázquez

Areas of interest: Corporate governance, financial information quality, law and finance.
Labor Market Paper: Who Monitors Real Earnings Management? Oversight versus Dispersed Directors.
Thesis advisors: Beatriz García Osma, Josep A. Tribó and María Gutiérrez Urtiaga.
References: Beatriz García Osma, Josep A. Tribó and María Gutiérrez Urtiaga.
antonio.vazquez@uc3m.es
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Cristina Grande Herrera

Areas of interest: Financial information, financial analysis, corporate governance.

Labor Market Paper: Labor Market Incentives for CEOs and Earnings Quality: The Unintended Consequences of Trade Secret Regulation.

Thesis advisors: Beatriz García Osma and Encarna Guillamón Saorín.
References: Beatriz García Osma, Encarna Guillamón Saorín, Miguel Minutti-Meza and Dhananjay Nanda.

  • cgrande@emp.uc3m.es
  • web

Our Candidates 2017/2018

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Facundo Mercado

Areas of interest: financial information and disclosure, with a special interest in the determinants and consequences of voluntary disclosure and the interaction between voluntary disclosure and information policies.

Labor Market Paper: Conditional Conservatism and Management Earnings Forecasts.

Thesis advisor and references: Beatriz García Osma, Encarna Guillamón Saorin.

References: Beatriz García Osma, Encarna Guillamón Saorin, Cathy Shakespeare.

  • fmercado@emp.uc3m.es
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Silvina Rubio

Areas of interest: Empirical corporate finance, corporate governance and banking.

Labour market work: The positive side of share buybacks.

Thesis supervisor: José M. Marín.

References: José M. Marín, David Martinez-Miera, Jesse M. Fried, Josep A. Tribó.

  • sirubio@emp.uc3m.es
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Sergio García

Areas of interest: Financial markets and real economy, feedback effects, empirical corporate finance.

Research Paper: The Hidden Cost of Financial Derivatives: Options Trading and the Cost of Debt.
Thesis advisor: José M. Marín.

References: José M. Marín, Josep A. Tribó, Andrés Almazán.

  • segarcia@emp.uc3m.es
  • web

Our Candidates 2016/2017

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David Alexander Wehrheim

Areas of interest: Technology strategy, innovation management, economics of innovation, entrepreneurship, intellectual property, corporate finance.

Undergraduate thesis: The Strategic Allocation of Inventors to R Collaborations.

Thesis advisor and references: Neus Palomeras, Andrea Fosfusi, Josep A. Tribo.

  • dwehrhei@emp.uc3m.es
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Juliana Pavan Dornelles

Labor Market Article: Why Hide? Patent Secrecy and Patenting Strategies.

Thesis advisors: Neus Palomeras, Ayfer Ali.

References: Neus Palomeras, Ayfer Ali, Josep A. Tribo, Samira Dias.

  • jpavan@emp.uc3m.es
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Tao Tang

Areas of interest: Asset Valuation, Financial Econometrics, Portfolio Theory, Arbitrage Strategy, Derivatives.

Undergraduate thesis: Pairs Trading and Persistence of Spreads in the European Stock Market.

Thesis advisor and references: Isabel Figuerola-Ferretti, Pedro Serrano.

tao.tang@uc3m.es

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Yanlei Zhang

Areas of interest: Accounting conservatism, corporate social responsibility.

Final degree project: Accounting conservatism and commercial credit.

Thesis director and references: Juan Manuel García Lara (co-supervisor), Josep A. Tribo (co-supervisor), Beatriz García Osma, Encarna Guillamón-Saorin.

  • yzhang@emp.uc3m.e
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Demian Macedo

Areas of interest: Banking—with special attention to regulation—, corporate finance, and applied microeconomics.

References: Sergio Vicente, José Penalva, and Josep A. Tribo.

Thesis director: José Penalva.
Labor market work: Joint regulation of liquidity and capital in a risk transfer framework.

  • dmacedo@emp.uc3m.es
  • Web