{"id":5433,"date":"2025-03-22T11:08:38","date_gmt":"2025-03-22T10:08:38","guid":{"rendered":"https:\/\/indem.uc3m.es\/members\/josep-a-tribo\/"},"modified":"2026-10-01T17:50:52","modified_gmt":"2026-10-01T15:50:52","slug":"josep-a-tribo","status":"publish","type":"members","link":"https:\/\/indem.uc3m.es\/en\/members\/josep-a-tribo\/","title":{"rendered":"Josep A. Trib\u00f3"},"content":{"rendered":"<p><img decoding=\"async\" width=\"160\" height=\"160\" src=\"https:\/\/indem.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-josepa-tribo.jpg\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:joatribo@emp.uc3m.es\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\tEmail: joatribo@emp.uc3m.es<br \/>\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<li>\n<p>\t\t\t\t\t\t\t\t\t\tAddress \/ office: C\/ Madrid, 126 &#8211; 28903 Getafe (Madrid) Spain \/ 7.0.42\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n<p>\t\t\t\t\t\t\t\t\t\tPhone \/ fax: (34) 91 624 93 21 \/\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/joatribo.com\/en\/home\/\" target=\"_blank\" rel=\"noopener\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\tPersonal website<br \/>\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<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/scholar.google.com\/citations?hl=es&amp;user=9MhIV5oAAAAJ\" target=\"_blank\" rel=\"noopener\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\tGoogle Scholar<br \/>\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<li>\n<p>\t\t\t\t\t\t\t\t\t\tCV\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<p>\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\" tabindex=\"-1\" aria-label=\"BUSINESS UC3M\"><br \/>\n\t\t\t\t\t\t\t\t<\/a><\/p>\n<h3>\n\t\t\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\"><br \/>\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/h3>\n<p>\n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n<h2>Education<\/h2>\n<p>Bachelor&#8217;s Degree in Theoretical Physics (University of Barcelona, 1991)<\/p>\n<p>PhD in Business Economics (Universitat Aut\u00f2noma de Barcelona, 1997)<\/p>\n<h2>Research Interests<\/h2>\n<p>Trib\u00f3, J.A., Aguilera. R., Desender, K. &amp; Surroca, J.: &#8220;<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1002\/smj.3132\" target=\"_blank\" rel=\"noopener\">Is<br \/>managerial entrenchment always bad and corporate social responsibility<br \/>always good? A cross\u2010national examination of their combined influence on<br \/>shareholder value <\/a>\u201d, Strategic Management Journal, 41(5), 2020, 891-920<\/p>\n<p>Trib\u00f3, J.A., Garc\u00eda Romero, A. &amp; Escribano, A.: &#8220;<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0048733317300069\" target=\"_blank\" rel=\"noopener\">The Impact of Health Research on Length of Stay in Spanish Public Hospitals<\/a>\u201d, Research Policy vol. 46 (3), 2017, 591\u2013604.<\/p>\n<p>Trib\u00f3, J.A., Surroca, J. &amp; Prior, D.: \u201c<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1002\/smj.2350\" target=\"_blank\" rel=\"noopener\">Using Panel Data DEA to measure CEOs\u2019 Focus of Attention<\/a>\u201d, Strategic Management Journal vol. 37 (2), 2016, 370\u2013388.<\/p>\n<p>Trib\u00f3, J.A., Moshe, K. &amp; Surroca, J.: \u201c<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S037842661300407X\" target=\"_blank\" rel=\"noopener\">Impact of Ethical Behavior on Syndicated Loan Rates<\/a>\u201d, Journal of Banking and Finance vol. 38, 2014, 122-144.<\/p>\n<p>Trib\u00f3, J.A., Surroca, J. &amp; Zahra, S.: \u201c<a href=\"https:\/\/journals.aom.org\/doi\/10.5465\/amj.2010.0962\" target=\"_blank\" rel=\"noopener\">Stakeholder Pressure on MNEs and the Transfer of Socially Irresponsible Practices<\/a>\u201d, Academy of Management Journal vol. 56, 2013, 549-572.<\/p>\n<p>Trib\u00f3, J.A., Torres, A., Bijmolt, T.H., Verhoef, P.: \u201c<a href=\"http:\/\/www.sciencedirect.com\/science\/article\/pii\/S0167811611000905\" target=\"_blank\" rel=\"noopener\">Generating Global Brand Equity through Corporate Social Responsibility to Key Stakeholders<\/a>\u201d, <em>International Journal of Research in Marketing <\/em>vol. 29 (1), 2012, 13-24.<\/p>\n<p>Trib\u00f3, J.A., Surroca, J. &amp; Waddock, S.: <a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1002\/smj.820\" target=\"_blank\" rel=\"noopener\">\u201cCorporate Responsibility and Financial Performance: The Role of Intangible Resources\u201d<\/a>, Strategic Management Journal vol. 31 (5), 2010, 463-490.<\/p>\n<p>Trib\u00f3, J.A., Fosfuri, A. &amp; Gelabert, L.: \u201c<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1111\/j.1467-6451.2009.00396.x\" target=\"_blank\" rel=\"noopener\">Does the effect of public support for R&amp;D depend on the degree of appropriability?<\/a>&#8220;, <em>Journal of Industrial Economics<\/em> vol. 27 (4), 2009. 736-767.<\/p>\n<h2>Selected publications<\/h2>\n<p style=\"font-weight: 500\">Pe\u00f1a, J.I , Mayoral, S. and Rodr\u00edguez, R. \u201c<a href=\"https:\/\/doi.org\/10.1016\/j.esr.2024.101513\" target=\"_blank\" rel=\"noopener\">Hedging renewable power purchase agreements<\/a>\u201d,<b>Energy<br \/>Strategy Reviews<\/b>, 55, 2024<\/p>\n<p style=\"font-weight: 500\">Pe\u00f1a, J.I , Mayoral, S. and Rodr\u00edguez, R. \u201c<a href=\"https:\/\/authors.elsevier.com\/a\/1fCUV14YGgloId\" target=\"_blank\" rel=\"noopener\">Cannibalization, depredation, and market remuneration of power plants<\/a>\u201d, <b>Energy Policy<\/b>, 2022<\/p>\n<p style=\"font-weight: 500\">Pe\u00f1a, J.I , Mayoral, S. and Rodr\u00edguez, R. \u201c<a href=\"https:\/\/doi.org\/10.1016\/j.eneco.2020.104886\" target=\"_blank\" rel=\"noopener\">Tail Risk of Electricity Futures<\/a>\u201d , <b>Energy Economics<\/b>, 2020<\/p>\n<p style=\"font-weight: 500\">Pe\u00f1a, J.I and Rodr\u00edguez, R. &#8220;<a href=\"https:\/\/doi.org\/10.1016\/j.energy.2019.06.138\" target=\"_blank\" rel=\"noopener\">Are EU\u2019s Climate and Energy Package 20-20-20 targets achievable and compatible? Evidence from the impact of renewables on electricity prices <\/a>&#8221; <b>Energy<\/b>, 183, pages 477-486 , 2019<\/p>\n<p style=\"font-weight: 500\">Rodr\u00edguez, R., Moreno J.D. &amp; Zambrana, R.: \u201c<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0304405X18300175\" target=\"_blank\" rel=\"noopener\">Management Sub-Advising in the Mutual Fund Industry<\/a>\u201d, <b><i>Journal of Financial <\/i><\/b><b><i>Economics<\/i><\/b><i> <\/i>vol. 127 (3), March 2018, 567-587<\/p>\n<p style=\"font-weight: 500\">Rodr\u00edguez, R, Moreno, J.D. &amp; Malag\u00f3n, J.: \u201c<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0378426615002253\" target=\"_blank\" rel=\"noopener\">The Idiosyncratic Volatility Anomaly: Corporate Investment or Investor Mispricing?<\/a>\u201d,<b><i> Journal of Banking and Finance <\/i><\/b>vol. 60, November 2015, 224-238<\/p>\n<p>\t\t\t\t\t\t\t\t\tBiograf\u00eda<\/p>\n<p>Josep A. Trib\u00f3 is a Professor of Corporate Finance in the Department of Business Economics at the Universidad Carlos III de Madrid. He holds a doctorate in Fundamentals of Economics from the Universitat Aut\u00f2noma de Barcelona (1997) and a Bachelor&#8217;s Degree in Theoretical Physics from the University of Barcelona (1991). His teaching focuses on Corporate Social Responsibility and Corporate Finance, in both undergraduate courses and the doctoral program.  <\/p>\n<p>His research interests focus on corporate social responsibility, innovation, corporate finance and R funding. His works have been published in journals such as Academy of Management Journal, Strategic Management Journal, Journal of Industrial Economics, Research Policy, Journal of Banking and Finance, Journal of Business Finance and Accounting, Corporate Governance: An International Review, Journal of Business Ethics, Omega, Journal of Business Research among others. <\/p>\n<p>Josep has been an evaluator for several national and international journals and was Director of the Department of Business Economics of the Universidad Carlos III (2011-2017). He is currently on leave <\/p>\n<p>\t\t\t\t\t\t\t\t\tPublications<\/p>\n<p>Trib\u00f3, J.A., Zhang, Y,  Garc\u00eda-Lara, J.M.: \u201c<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0378426620301746?via%3Dihub\" target=\"_blank\" rel=\"noopener\">Unpacking the black box of Trade Credit to Socially Responsible Customers<\/a>\u201d, Journal of Banking and Finance (in press)<\/p>\n<p>Trib\u00f3, J.A., Aguilera. R., Desender, K.  Surroca, J.: &#8220;<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1002\/smj.3132\" target=\"_blank\" rel=\"noopener\">Is<br \/>managerial entrenchment always bad and corporate social responsibility<br \/>always good? A cross\u2010national examination of their combined influence on<br \/>shareholder value <\/a>\u201d, Strategic Management Journal, 41(5), 2020, 891-920<\/p>\n<p>Trib\u00f3, J.A., Papiashvili, N., Guti\u00e9rrez, M.  V\u00e1zquez, A.: \u201c<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1111\/eufm.12248\" target=\"_blank\" rel=\"noopener\">Managerial incentives for attracting attention<\/a>\u201d, European Financial Management (2019)<\/p>\n<p>Trib\u00f3, J.A.: \u201c<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1111\/corg.12257\" target=\"_blank\" rel=\"noopener\">Banks\u2019 Equity Holdings and their Impact on Securities Issues<\/a>,\u201d Corporate Governance: An International Review vol. 27 (1), 2019, 45-60.<\/p>\n<p>Trib\u00f3, J.A., Garc\u00eda Romero, A.  Escribano, A.: &#8220;<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0048733317300069?via%3Dihub\" target=\"_blank\" rel=\"noopener\">The Impact of Health Research on Length of Stay in Spanish Public Hospitals<\/a>,\u201d, Research Policy vol. 46 (3), 2017, 591\u2013604.<\/p>\n<p>Trib\u00f3, J.A., Surroca, J.  Prior, D.: \u201c<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/abs\/10.1002\/smj.2350\" target=\"_blank\" rel=\"noopener\">Using Panel Data DEA to measure CEOs\u2019 Focus of Attention<\/a>\u201d, Strategic Management Journal vol. 37 (2), 2016, 370\u2013388.<\/p>\n<p>Trib\u00f3, J.A., Blanco, B.  Garc\u00eda-Lara, J.M.: \u201cSegment Disclosure and Cost of Capital\u201d, Journal of Business Finance and Accounting vol. 42 (3-4), 2015, 367-411.<\/p>\n<p>Trib\u00f3, J.A.  Mariano, B.: \u201cCreditor Intervention, Investment, and Growth Opportunities\u201d, Journal of Financial Services Research vol. 47 (2), 2015, 203-228.<\/p>\n<p>Trib\u00f3, J.A., Moshe, K.  Surroca, J.: \u201cImpact of Ethical Behavior on Syndicated Loan Rates\u201d, Journal of Banking and Finance vol. 38, 2014, 122-144.<\/p>\n<p>Trib\u00f3, J.A., Blanco, B.  Garc\u00eda-Lara, J.M.: \u201cThe relation between segment disclosure and earnings quality\u201d, <em>Journal of Accounting and Public Policy <\/em>vol. 33 (5), 2014, 449-469.<\/p>\n<p>Trib\u00f3, J.A., Surroca, J.  Zahra, S.: \u201cStakeholder Pressure on MNEs and the Transfer of Socially Irresponsible Practices\u201d, Academy of Management Journal vol. 56, 2013, 549-572.<\/p>\n<p>Trib\u00f3, J.A., Barcos, L., Barroso, A  Surroca, J.: \u201cCorporate social responsibility and inventory policy<a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2487965\" target=\"_blank\" rel=\"noopener\">\u201d<\/a>, <em>International Journal of Production Economics <\/em>vol. 143 (2), 2013, 580-588.<\/p>\n<p>Trib\u00f3, J.A., Torres, A., Bijmolt, T.H., Verhoef, P.: \u201cGenerating Global Brand Equity through Corporate Social Responsibility to Key Stakeholders\u201d, <em>International Journal of Research in Marketing <\/em>vol. 29 (1), 2012, 13-24.<\/p>\n<p>Trib\u00f3, J.A., Guti\u00e9rrez, M.  Mariano, B.: \u201cOwnership structure and minority expropriation: the case for multiple blockholders\u201d , <em>Applied Financial Economics<\/em> vol. 22 (24), 2012, 2075-2083.<\/p>\n<p>Trib\u00f3, J.A.  Torres, A.: \u201cDo satisfied customers lead to greater brand equity?\u201d, <em>Journal of Business Research<\/em> vol. 64, 2011, 1089-1096.<\/p>\n<p>Trib\u00f3, J.A., Surroca, J.  Waddock, S.: \u201cCorporate Responsibility and Financial Performance: The Role of Intangible Resources\u201d, Strategic Management Journal vol. 31 (5), 2010, 463-490.<\/p>\n<p>Trib\u00f3, J.A., Fosfuri, A.  Gelabert, L.: \u201cDoes the effect of public support for RD depend on the degree of appropriability?&#8221;, <em>Journal of Industrial Economics<\/em> vol. 27 (4), 2009. 736-767.<\/p>\n<p>Trib\u00f3, J.A.  Casasola, M.J.: \u201cBanks as firms&#8217; blockholders: A study for Spain\u201d, <em>Applied Financial Economics<\/em> vol. 20 (5), 2010, 425-438.<\/p>\n<p>Trib\u00f3, J.A.  Surroca, J.: \u201cManaging External Knowledge Flows: The Moderating Role of Absorptive Capacity\u201d, <em>Research Policy <\/em>vol. 38, 3009, 96-105.<\/p>\n<p>Trib\u00f3, J.A.  Surroca, J.: \u201cManagerial Entrenchment and Corporate Social Performance\u201d, <em>Journal of Business Finance and Accounting <\/em>vol. 35 (5), 2008, 748-760.<\/p>\n<p>Trib\u00f3, J.A., Prior, D.  Surroca, J.: \u201cAre socially responsible managers really ethical? Exploring the relationship between earnings management and corporate social responsibility\u201d, <em>Corporate Governance: An international Review<\/em> vol. 16 (3), 2008, 160-177. (Runner-up to best paper of 2008). <\/p>\n<p>Trib\u00f3, J.A.: \u201cFirms\u2019 stock market flotation: Effects on inventory policy\u201d, I<em>nternational Journal of Production Economics<\/em> vol. 118, 2009,10-18.<\/p>\n<p>Trib\u00f3, J.A.  Fosfuri, A.: \u201cExploring the Antecedents of Potential Absorptive Capacity and its Impact on Innovation Performance\u201d, <em>Omega<\/em> vol. 36, 2008,173-87.<\/p>\n<p>Trib\u00f3, J.A., Berrone, P.  Surroca, J.: \u201cDo the Type and Number of Blockholders Influence RD Investments? New evidence from Spain\u201d, <em>Corporate Governance: An international Review<\/em> vol. 15 (5), 2007, 828-842.<\/p>\n<p>Trib\u00f3, J.A., Berrone, P.  Surroca, J.: \u201cCorporate ethical identity as a determinant of firm performance: a test of the mediating role of stakeholder satisfaction\u201d, <em>Journal of Business Ethics <\/em>vol. 76 (1), 2007, 35-53.<\/p>\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:%20joatribo@emp.uc3m.es\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\tEmail: joatribo@emp.uc3m.es<br \/>\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<li>\n<p>\t\t\t\t\t\t\t\t\t\tAddress \/ office: C\/ Madrid, 126 &#8211; 28903 Getafe (Madrid) Spain \/ 7.0.42\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n<p>\t\t\t\t\t\t\t\t\t\tPhone \/ fax: (34) 91 624 93 21\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/joatribo.com\/en\/home\/\" target=\"_blank\" rel=\"noopener\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\tPersonal website<br \/>\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<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/scholar.google.com\/citations?hl=es&amp;user=9MhIV5oAAAAJ\" target=\"_blank\" rel=\"noopener\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\tGoogle Scholar<br \/>\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<li>\n<p>\t\t\t\t\t\t\t\t\t\tCV\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<p>\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\" tabindex=\"-1\" aria-label=\"BUSINESS UC3M\"><br \/>\n\t\t\t\t\t\t\t\t<\/a><\/p>\n<h3>\n\t\t\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\"><br \/>\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/h3>\n<p>\n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n","protected":false},"author":1,"template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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