![\"\"](\"https:\/\/indem.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-kurt-desender.png\")
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\t\t\t\t\t\t\t\t\t\tEmail: kdesende@emp.uc3m.es
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\t\t\t\t\t\t\t\t\t\tDirecci\u00f3n \/ oficina: C\/ Madrid, 126 – 28903 Getafe (Madrid) Spain \/ 6.0.17\n\t\t\t\t\t\t\t\t\t<\/li>\n
\t\t\t\t\t\t\t\t\t\tTel\u00e9fono \/ fax: (34) 91 624 58 44\n\t\t\t\t\t\t\t\t\t<\/li>\n
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\t\t\t\t \n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n Kurt es doctor en Econom\u00eda de la empresa por la Universidad Aut\u00f3noma de Barcelona. Tiene un m\u00e1ster en Econom\u00eda, Gesti\u00f3n y Organizaci\u00f3n de empresa por la Universidad Aut\u00f3noma de Barcelona y es licenciado en Administraci\u00f3n y Direcci\u00f3n de Empresas por la Universidad Cat\u00f3lica de Leuven.<\/p>\n Sus intereses de investigaci\u00f3n se centran en el \u00e1mbito del gobierno corporativo, la gesti\u00f3n de la empresa, RSC y la contabilidad financiera<\/p>\n Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M. \u00abFrom Universal Owners to Owners of the Universe? How the Big Three Are Reshaping Corporate Governance<\/a>\u00ab, Corporate Governance: An International Review (forthcoming)<\/p>\n Desender, K., & Epure, M. (2021). \u00abThe pressure behind corporate social performance: Ownership and institutional configurations<\/a>\u00ab.\u00a0Global Strategy Journal, 11(2), 210\u2013244.\u00a0\u00a0Surroca, J.,\u00a0Aguilera. R., Desender, K. &\u00a0Trib\u00f3, J.A.: \u00abIs 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\u00a041,<\/a>\u00a0891-920<\/p>\n Desender, K., L\u00f3pez-Puertas-Lamy, M., Pattitoni, P., Petracci, B.: \u00abCorporate Social Responsibility and Cost of Financing \u2013 the Importance of the International Corporate Governance System<\/a>\u00ab,\u00a0Corporate Governance: An International Review\u00a028, 207-234<\/p>\n Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M., Lee, J.H.: \u00abThe governance impact of a changing investor landscape<\/a>\u00ab,\u00a0Journal of International Business Studies\u00a0vol. 48 (2), 2017, 195\u2013221.<\/p>\n Desender, K., Aguilera, R. V., LopezPuertas-Lamy, M, Crespi-Cladera, R.: \u00abA Clash of Governance Logics: Foreign Ownership and Board Monitoring<\/a>\u00ab,\u00a0Strategic Management Journal\u00a0vol. 37 (2), 2016, 349\u2013369.<\/p>\n Desender, K., Aguilera, R. V., Crespi-Cladera, R., Garcia Cestona, M.A.: \u00abWhen Does Ownership Matter? Board Characteristics and Behavior<\/a>\u00ab,\u00a0Strategic Management Journal\u00a0vol.\u00a034 (7), 2013, 823\u2013842.<\/p>\n \t\t\t\t\t\t\t\t\tBio<\/p>\n Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M. \u00abFrom Universal Owners to Owners of the Universe? How the Big Three Are Reshaping Corporate Governance<\/a>\u00ab, Corporate Governance: An International Review (forthcoming)<\/p>\n Desender, K., & Epure, M. (2021). \u00abThe pressure behind corporate social performance: Ownership and institutional configurations<\/a>\u00ab.\u00a0Global Strategy Journal, 11(2), 210\u2013244.\u00a0<\/p>\n Surroca, J.,\u00a0Aguilera. R., Desender, K. &\u00a0Trib\u00f3, J.A.: \u00abIs 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\u00a041,<\/a>\u00a0891-920<\/p>\n Desender, K., L\u00f3pez-Puertas-Lamy, M., Pattitoni, P., Petracci, B.: \u00abCorporate Social Responsibility and Cost of Financing \u2013 the Importance of the International Corporate Governance System<\/a>\u00ab,\u00a0Corporate Governance: An International Review\u00a028, 207-234<\/p>\n L\u00f3pez-Puertas-Lamy, M., Desender, K., Epure, M.: \u00abCorporate Social Responsibility and the Assessment by Auditors of the Risk of Material Misstatement\u00bb,\u00a0Journal of Business Finance & Accounting\u00a0vol. 44 (9-10), 2017, 1276\u20131314.<\/p>\n Aguilera, R. V., Desender, K., LopezPuertas-Lamy, M., Lee, J.H.: \u00abThe governance impact of a changing investor landscape\u00bb,\u00a0Journal of International Business Studies\u00a0vol. 48 (2), 2017, 195\u2013221.<\/p>\n Desender, K., Aguilera, R. V., LopezPuertas-Lamy, M, Crespi-Cladera, R.: \u00abA Clash of Governance Logics: Foreign Ownership and Board Monitoring\u00bb,\u00a0Strategic Management Journal\u00a0vol. 37 (2), 2016, 349\u2013369.<\/p>\n Aguilera, R., Desender, K., Bednar, M., Lee, J.: \u00bb\u00a0Connecting the Dots: Bringing External Corporate Governance into the Corporate Governance Puzzle\u00bb,\u00a0Academy of Management Annals\u00a0vol.\u00a09 (1), 2015, 483-573.<\/p>\n Aguilera R. V, Desender, K.: \u00abGobierno Corporativo: Mapa Actual y Nuevas Tendencias\u00bb,\u00a0Informe Situaci\u00f3n Social de Espa\u00f1a 2015, Cap\u00edtulo 8 (2015).\u00a0<\/p>\n Desender, K., Aguilera, R. V., Crespi-Cladera, R., Garcia Cestona, M.A.: \u00abWhen Does Ownership Matter? Board Characteristics and Behavior\u00bb,\u00a0Strategic Management Journal\u00a0vol.\u00a034 (7), 2013, 823\u2013842.<\/p>\n Aguilera R. V, Desender, K.: \u00abMethodological challenges in comparative corporate governance and strategic issues\u00bb in Wang CL, Ketchen D, Bergh D. (ed.)\u00a0Research Methodology in Strategy and Desender, K., Castro, E., Escamilla de Le\u00f3n, S.: \u00abEarnings Management and Culture\u00bb,\u00a0The American Journal of Economics and Sociology\u00a0vol.\u00a070 (3), 2011, 639-670.<\/p>\n Aguilera R. V, Desender K, Kabbach de Castro L.: \u00abA Configurational Perspective on Comparative Corporate Governanc\u00bb in\u00a0SAGE Handbook of Corporate Governance,\u00a0Sage Publications (2011).\u00a0<\/p>\n Desender K.: \u00abThe influence of the board composition on enterprise risk management\u00bb in\u00a0Handbook of Research on Enterprise IT Governance, Business Value and Performance Measurement,\u00a0IGI Global (2010).\u00a0<\/p>\n \t\t\t\t\t\t\t\t\tPublicaciones<\/p>\n Pe\u00f1a, J.I , Mayoral, S. and Rodr\u00edguez, R. \u00abHedging renewable power purchase agreements<\/a>\u00ab,Energy Strategy Reviews<\/b>, 55, 2024<\/p>\n Pe\u00f1a, J.I , Mayoral, S. and Rodr\u00edguez, R. \u00abCannibalization, depredation, and market remuneration of power plants<\/a>\u00ab,\u00a0Energy Policy<\/b>, 2022<\/p>\n Pe\u00f1a, J.I\u00a0 and Rodr\u00edguez, R. \u00bb\u00a0Market Makers and Liquidity Premium in Electricity Futures Markets\u00a0<\/a>(2022).\u00a0The energy Journal<\/b>, 43 (2)\u00a0<\/p>\n Pe\u00f1a, J.I & Mayoral, S. and Rodr\u00edguez, R. \u00abTail Risk of Electricity Futures<\/a>\u00bb ,\u00a0Energy Economics<\/b>, 2020\u00a0\u00a0<\/p>\n Pe\u00f1a, J.I\u00a0 and Rodr\u00edguez, R. \u00abAre EU\u2019s Climate and Energy Package 20-20-20 targets achievable and compatible? Evidence from the impact of renewables on electricity prices<\/a>\u00bb\u00a0\u00a0Energy<\/b>, 183, pages 477-486\u00a0 , 2019,\u00a0\u00a0<\/p>\n Rodr\u00edguez, R. and Pe\u00f1a, J.I.: \u00abDefault supply auctions in electricity markets: Challenges and proposals\u00bb,\u00a0Energy Policy\u00a0<\/i><\/b>vol. 122, Noviembre 2018, 142-151<\/p>\n Rodr\u00edguez, R., Moreno J.D. & Zambrana, R.: \u00abManagement Sub-Advising in the Mutual Fund Industry\u00bb,\u00a0Journal of Financial\u00a0<\/i><\/b>Economics<\/i><\/b>,\u00a0<\/i>vol. 127 (3), Marzo 2018, 567-587<\/p>\n Pe\u00f1a, J.I and Blanco Ivan and Rodr\u00edguez, R. \u00abModelling Electricity Swaps with Stochastic Forward Premium Models\u00a0 \u00bb ( 2018),\u00a0The Energy Journal<\/i><\/b>, vol. 39 (2)\u00a0<\/p>\n Rodr\u00edguez, R. & Pe\u00f1a, I.: \u00abTime-Zero Efficiency of European Power Derivatives Markets\u201d,\u00a0Energy Policy\u00a0<\/i><\/b>vol. 95,\u00a0 August 2016, 253-268\u00a0<\/p>\n Rodr\u00edguez, R. & Rubio, G.:\u00a0\u201cTeaching Quality and Academic Research\u201d,\u00a0International Review of Economics Education<\/i><\/b>\u00a0vol. 23, Septiembre 2016, 10-27\u00a0<\/p>\n Rodr\u00edguez, R,\u00a0Moreno, J.D. & Malag\u00f3n, J.: \u201cThe Idiosyncratic Volatility Anomaly: Corporate Investment or Investor Mispricing?\u201d,\u00a0Journal of Banking and Finance\u00a0<\/i><\/b>vol.\u00a060, Noviembre 2015, 224-238<\/p>\n Rodr\u00edguez, R. & Nieto, B.: \u201cCorporate stock and bond return correlations and dynamic adjustments of capital structure \u201d,\u00a0Journal of Business Finance and Accounting<\/i><\/b>\u00a0vol. 42 (5-6),\u00a0<\/a>Junio-Julio 2015,\u00a0705\u2013746 Rodr\u00edguez, R.,\u00a0Moreno, J.D. & Matall\u00edn-S\u00e1ez, J.C.: \u201cWhy is timing perverse?\u201d,\u00a0The European Journal of Finance,\u00a0<\/i><\/b>vol. 21, 2015,\u00a01334-1356<\/p>\n Rodr\u00edguez, R.,\u00a0Moreno, J.D. & Malag\u00f3n, J.:\u00a0\u201cTime horizon trading and the idiosyncratic risk puzzle\u201d,\u00a0Quantitative Finance<\/i><\/b>, vol. 15 (2), 2015, 327-343<\/p>\n Rodr\u00edguez, R.,\u00a0Moreno, J.D. & C\u00e1ceres, E.: \u201cA study on short-selling constraints: total ban versus partial ban\u201d,\u00a0Applied Economics Letters<\/i><\/b>\u00a0vol. 22 (2), 2015, 99-103<\/p>\n Rodr\u00edguez, R.,\u00a0Moreno, J.D. & Wang, C.:\u201cAccurately Measuring Gold Mutual Fund Performance\u201d,\u00a0Applied Economics Letters,<\/i><\/b>\u00a0vol. 21 (4), 2014, 268-271<\/p>\n Rodr\u00edguez, R.& Moreno, J.D.: \u00abOptimal Diversification across Mutual Funds\u00bb,\u00a0Applied Financial Economics\u00a0<\/i><\/b>vol. 23 (2), 2013, 199-203<\/p>\n Rodr\u00edguez, R. &\u00a0Moreno, J.D.:\u00a0\u00abThe value of coskewness in mutual fund performance evaluation\u00bb,\u00a0Journal of Banking & Finan<\/i><\/b>ce<\/i><\/b>\u00a0vol. 33, 2009, 1664\u20131676<\/p>\n Rodr\u00edguez, R. & Pe\u00f1a, I.:\u00a0\u00abOn the economic link between asset prices and real activity\u201d,\u00a0Journal of Business Finance and Accounting\u00a0<\/i><\/b>vol. 34 (5-6), Junio-Julio 2007, 889-916<\/p>\n Rodr\u00edguez, R. & Nieto, B.: \u00abThe consumption-wealth and Book-to Market ratios Rodr\u00edguez, R. &\u00a0Moreno, J.D.:\u00a0\u00abPerformance Evaluation considering the Coskewness: A Stochastic Discount Factor Framework\u00bb,\u00a0Managerial Finance\u00a0<\/i><\/b>vol. 32 (4), 2006, 375-392<\/p>\n Rodr\u00edguez, R. & Restoy, F.: \u00abCan Fundamentals Rodr\u00edguez, R. & Nieto, B.:\u00a0\u00abLos Rodr\u00edguez, R., Restoy, F. & Oe\u00f1a, I.: \u00abCan Output Explain the \t\t\t\t\t\t\t\t\t\tEmail: kdesende@emp.uc3m.es \t\t\t\t\t\t\t\t\t\tDirecci\u00f3n \/ oficina: C\/ Madrid, 126 – 28903 Getafe (Madrid) Spain \/ 6.0.17\n\t\t\t\t\t\t\t\t\t<\/li>\n \t\t\t\t\t\t\t\t\t\tTel\u00e9fono \/ fax: (34) 91 624 58 44\n\t\t\t\t\t\t\t\t\t<\/li>\n \t\t\t\t\t\t\t\t\t\tGoogle Scholar \t\t\t\t\t\t\t\t\t\tCV \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<\/h3>\nEducaci\u00f3n<\/h2>\n
Intereses de Investigaci\u00f3n<\/h2>\n
Publicaciones seleccionadas<\/h2>\n
Management, Emerald Group Publishing Limited (2012).<\/p>\n
<\/em><\/p>\n
in a Dynamic asset-pricing context\u00bb,\u00a0Spanish
Economic Review<\/i><\/b>\u00a0 vol. 9, 2006<\/p>\n
Explain Cross-Country Correlations of Asset Returns? \u201d,\u00a0Review of World Economics<\/i><\/b>, vol. 142 (3), 2006<\/p>\n
Modelos de Valoraci\u00f3n de Activos Condicionales: un Panorama Comparativo
Ilustrado con Datos Espa\u00f1oles\u00bb (2005)\u00a0\u00a0Investigaciones Econ\u00f3micas<\/i><\/b>, vol. 29 (1), 2004<\/p>\n
Predictability and Volatility of Stock Returns?\u00bb,\u00a0Journal of International Money and Finance\u00a0<\/i><\/b>vol. 21 (2),\u00a0Abril 2002,\u00a0163-182<\/p>\n\n
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