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\t\t\t\t\t\t\t\t\t\tEmail: maria.gutierrez@uc3m.es
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\t\t\t\t\t\t\t\t\t\tAddress \/ Office: C\/ Madrid, 126 – 28903 Getafe (Madrid) Spain \/ 7.0.45\n\t\t\t\t\t\t\t\t\t<\/li>\n
\t\t\t\t\t\t\t\t\t\tPhone \/ fax: (34) 91 624 58 40 \/\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n
\t\t\t\t \n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n Corporate finance, corporate governance, law and finance<\/p>\n \t\t\t\t\t\t\t\t\tBiograf\u00eda<\/p>\n Mar\u00eda Guti\u00e9rrez Urtiaga is a Professor of Finance at the Carlos III University of Madrid, Department of Business Administration and Management. She holds a PhD in Economics from the Complutense University in 2000 and a Master’s in Economics and Finance from CEMFI in 1997. <\/p>\n She teaches corporate governance, corporate finance, and financial economics to undergraduate, master’s, and doctoral students with excellent student evaluations (5\/5 in the postgraduate course during the 2022\/23 academic year).<\/p>\n Her research interests include corporate governance, corporate finance, and law and finance. She is also a research associate at 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. She has published in prestigious international journals, such as the Rand Journal of Economics, Industrial and Corporate Change, Journal of Law, Finance and Accounting, Corporate Governance: An International Review, and the Journal of Corporate Legal Studies. Mar\u00eda has received several grants and awards for her research work, which is regularly presented at top-tier conferences, such as the American Law and Economics Association, the European Economic Association, and the European Finance Association. <\/p>\n From 2012 to 2016, she was a member of the Advisory Committee of the CNMV (Spanish National Securities Market Commission). From 2019 to 2021, she was president of AEFIN (Spanish Finance Association). Since 2019, she has also worked as a consultant for the CNMV. <\/p>\n \t\t\t\t\t\t\t\t\tPublications<\/p>\n \u201cInspection Rights in Spain\u201d (with Maribel S\u00e1ez), chapter 8 in \u201cResearch Handbook on Shareholder Inspection Rights: A Comparative Perspective\u201d edited by Randall S. Thomas, John S. Beasley and Paolo Giudici, Edward Elgar Publishing (2023).<\/p>\n \u201cThe Law and Economics of Comparative Corporate Law\u201d (with Maribel S\u00e1ez), chapter 4 in \u201cResearch Handbook on Comparative Corporate Governance\u201d edited by Afra Afsharipour and Martin Gelter, Edward Elgar Publishing (2021). <\/p>\n \u201cThe Spanish Banking Crisis as a Corporate Governance Problem\u201d (with Maribel S\u00e1ez), chapter 22 in \u201cGovernance of Financial Institutions\u201d edited by Guido Ferrarini, Oxford University Press (2019). <\/p>\n \u201cStrong shareholders, weak outside investors\u201d (with Maribel S\u00e1ez), Journal of Journal of Corporate Law Studies, 18 (2), (2018), pp. 277-309.<\/p>\n \u201cDividend Policy with Controlling Shareholders\u201d (with Maribel S\u00e1ez), Theoretical Inquiries in Law ,16 (1), (2015), pp. 107\u2013130. <\/p>\n \u201cDeconstructing Independent Directors\u201d (with Maribel S\u00e1ez), Journal of Corporate Law Studies, 13 (1), (2013), pp. 63-94.<\/p>\n \u201cOwnership Structure and Minority Expropriation: The Case for Multiple Blockholders\u201d (with Josep Trib\u00f3 and Beatriz Mariano), Applied Financial Economics, 22 (24), (2012), pp. 2075-2083. <\/p>\n \u201cA Contractual Approach to the Regulation of Corporate Directors’ Fiduciary Duties\u201d, Journal of Corporate Ownership and Control, 1 (2004), pp.72-80<\/p>\n \u201cManagerial Incentives for Attracting Attention\u201d (with Nino Papiashvili, Josep A. Trib\u00f3 and Antonio B. V\u00e1zquez), European Financial Management, 26(4), (2020), pp. 896-937. <\/p>\n \u201cThe Promise of Reward Crowdfunding\u201d (with Maribel S\u00e1ez), Corporate Governance: An International Review, 26 (5), (2018), pp. 355-373. <\/p>\n \u201cA Contractual Approach to Discipline Self-dealing by Controlling Shareholders\u201d (with Maribel S\u00e1ez), Journal of Law, Finance and Accounting, 2 (1), (2017), pp. 173-204.<\/p>\n \u201cBoard Composition, Political Connections, and Performance in State-Owned Enterprises\u201d (with Anna Menozzi and Davide Vannoni), Industrial and Corporate Change, 21 (3) (2012), pp. 671-698. <\/p>\n \u201cAn Economic Analysis of Corporate Directors’ Fiduciary Duties\u201d, Rand Journal of Economics, 34 (2003), pp. 516-535.<\/p>\n \t\t\t\t\t\t\t\t\t\tEmail: maria.gutierrez@uc3m.es \t\t\t\t\t\t\t\t\t\tAddress \/ Office:C\/ Madrid, 126 – 28903 Getafe (Madrid) Spain \/ 7.0.45\n\t\t\t\t\t\t\t\t\t<\/li>\n \t\t\t\t\t\t\t\t\t\tPhone \/ fax:(34) 91 624 58 40\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n \t\t\t\t \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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\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a>
\n\t\t\t\t\t<\/h3>\nResearch Interests<\/h2>\n
Selected publications<\/h2>\n
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