CV - Job Market Paper  
 

Manini, Raffaele

Contact Information

Tel. +34 93 542 2698

[email protected]

 

 

 

Available for interviews at

European Accounting Association (EAA)

 

 

 

 

Research interests

Corporate Governance, International Regulations and Financial Disclosure.

Placement Officer

Libertad González
[email protected]
 

References

Oriol Amat (Advisor)
[email protected]

Javier Gómez Biscarri (Advisor)
[email protected]

April Klein (NYU)
[email protected]

 

Research

"Board of Directors’ Composition and Directors’ Skill Sets: It’s All about Fit!” (Job Market Paper)
This paper tries to reconcile numerous conflicting results within the empirical literature addressing the relationship between boards of directors’ composition and firm performance. It does so by introducing the new concept of board of directors’ skill sets fit. This new dimension is further divided into internal and external fit where internal fit represents the appropriate combination of a diverse range of directors’ skill sets while maintaining a certain degree of complementarity and external fit represents the appropriate combination of directors’ skill sets to meet externally imposed challenges. Using a combination of econometric techniques to address the endogeneity concerns that usually arise within the corporate governance literature, I find that firms that have larger internal and external fit perform better than their peers.

 

Publications

“Across the Pond: How U.S. Firms’ Boards of Directors Adapted to the Passage of the GDPR” (with A. Klein and Y. Shi)
Contemporary Accounting Research, forthcoming
Using a recent EU regulation, the General Data Protection regulation (GDPR), as a quasi- exogenous shock to the cyber-risk landscape, we study how U.S. boards of directors responded to a growing threat, cyber-risk. We find that U.S. boards, compared to the period preceding the GDPR regulation, increased their focus on cyber-risk, significantly added more directors with cyber/IT expertise, and more frequently assigned cyber- risk oversight to the board or board committees. Further, boards that promptly responded in the transition period experienced fewer cyberattack/data breaches and related media attention in the post-transition period.