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François Derrien

Professor
Finance
François Derrien's research is in corporate finance, focusing on how a firm's environment affects its financing and investment decisions and, ultimately, its performance and value. 
 
In that vein, he has studied the impact of security analysts on corporate policies, as well as the effect of the horizon of investors on firms' decisions. 
 
More recently, his work has focused on understanding how local labor markets affect firms. In particular, he has studied the impact of local demographics on the ability of firms to innovate and to grow.
 
He is also interested in how ESG regulations and ratings and their impact on investors affect firm valuation and firm policies. 
 
His work has appeared in finance journals like the Journal of Finance, the Review of Financial Studies, and the Journal of Financial Economics.

 
François Derrien HEC professor
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