Biographie
Denis Gromb is the Antin I.P. Chair Professor of Finance at HEC Paris. He graduated from Ecole Polytechnique, where he also obtained a Ph.D. in Economics while visiting the London School of Economics.
His principal research interests include corporate finance, corporate governance, banking, the economics of organizations and the limits to arbitrage in financial markets. His articles have been published in leading academic journals in Economics and Finance.
Denis teaches courses related to Corporate Finance in different programs : Grande Ecole, Master in Economics, Part-time MBA, Executive MBA, and the Executive MSc in Finance.
He has previously been on the Finance faculty at MIT (1995-2001), London Business School (2001-2008), and INSEAD (2008-2015), and visited the London School of Economics (2007-2008).
Selected publications include:
· “Large Shareholders, Monitoring and the Value of the Firm” with M. Burkart and F. Panunzi, Quarterly Journal of Economics (1997)
· “Why Higher Takeover Premia Protect Minority Shareholders” with M. Burkart and F. Panunzi, Journal of Political Economy (1998)
· “Equilibrium and Welfare in Markets with Constrained Arbitrageurs” with D. Vayanos, Journal of Financial Economics (2002)
· “Public Trading and Private Incentives” with A. Faure-Grimaud, Review of Financial Studies (2004)
· “Collusion and the Organization of Delegated Expertise” with D. Martimort, Journal of Economic Theory (2007)
· “Limits of Arbitrage: The State of the Theory” with D. Vayanos, The Annual Review of Financial Economic (2010).
· “Imperfect Competition in the Interbank Market for Liquidity as a Rationale for Central Banking” with V. Acharya and T. Yorulmazer, American Economic Journal: Macroeconomics (2012).
· “Legal Investor Protection, and Takeovers” with M. Burkart, H. Muller, and F. Panunzi, Journal of Finance (2014).
Articles scientifiques
Journal of Industrial Economics, septembre 2020, vol. 68, n° 3, pp 409-444, (in coll. with D. BARDEY, D. MARTIMORT, J. POUYET)
Journal of Financial Economics, septembre 2020, vol. 137, n° 3, pp 591-605, (in coll. with R. DONALDSON, G. PIACENTINO)
Management Science, novembre 2019, vol. 65, n° 11, pp 5128-5141, (in coll. with F. DE VÉRICOURT)
Manufacturing & Service Operations Management, hiver 2018, vol. 20, n° 1, pp 85-96, (in coll. with F. DE VERICOURT)
Journal of Finance (The), septembre 2018, vol. 73, n° 4, pp 1713-1750, (in coll. with D. VAYANOS)
Journal of Finance (The), juin 2014, vol. 69, n° 3, pp 1129-1165, (in coll. with M. BURKART, H. MULLER, F. PANUNZI)
American Economic Journal: Macroeconomics, 2011, (in coll. with V. ACHARYA, T. YORULMAZER)
Journal of the European Economic Association, avril-mai 2010, vol. 8, n° 2-3, pp 456-466, (in coll. with D. VAYANOS)
The Annual Review of Financial Economic, 2010, (in coll. with D. VAYANOS)
Journal of Economic Theory, novembre 2007, vol. 137, n° 1, pp 271-299, (in coll. with D. MARTIMORT)
Cahiers de recherche
Cahier de Recherche du Groupe HEC , 2018
Cahier de Recherche du Groupe HEC , 2017
Cahier de Recherche du Groupe HEC , 2017
Cas pédagogiques
Articles scientifiques
Journal of Industrial Economics, septembre 2020, vol. 68, n° 3, pp 409-444, (in coll. with D. BARDEY, D. MARTIMORT, J. POUYET)
Journal of Financial Economics, septembre 2020, vol. 137, n° 3, pp 591-605, (in coll. with R. DONALDSON, G. PIACENTINO)
Management Science, novembre 2019, vol. 65, n° 11, pp 5128-5141, (in coll. with F. DE VÉRICOURT)
Manufacturing & Service Operations Management, hiver 2018, vol. 20, n° 1, pp 85-96, (in coll. with F. DE VERICOURT)
Cahiers de recherche
Cahier de Recherche du Groupe HEC , 2018
Cahier de Recherche du Groupe HEC , 2017
Cahier de Recherche du Groupe HEC , 2017
Cas pédagogiques
Formation
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Ph.D., en Economie, Ecole Polytechnique - France
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Master in Mathematical Economics, Ecole Polytechnique - France
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Diplôme Ingénieur, Ecole Polytechnique - France
Nominations académiques
Responsabilités académiques à HEC
- 2015- Professeur, Finance HEC Paris
- 2015- Membre du GREGHEC, le laboratoire de recherche CNRS-HEC Paris HEC Paris
Responsabilités académiques externes
- 2008-2015 Professeur, Finance INSEAD
- 2008-2009 Professeur, Finance London Business School
- 2007-2008 Professeur visitant, Finance London School of Economics & Political Science
- 2001-2008 Professeur associé, Finance London Business School
- 1999-2001 Professeur associé, Finance MIT, Massachusetts Institute of Technology, Sloan School of Management
- 1995-1999 Professeur assistant, Finance MIT, Massachusetts Institute of Technology, Sloan School of Management
Activités scientifiques
Activités scientifiques
Prix & honneurs
- 2021 Prix AFFI 2021 de la meilleure étude de cas en Finance pour "Private Equity et Infrastructure: Antin crée une « TowerCo »"
- 2018 Prix Vernimen
- 2018 Prix AFFI-CCMP 2018 du meilleur cas pédagogique en Finance pour "Prada’s Hong Kong IPO" en collaboration avec Alberta Di Giuli
- 2018 2018 Case Center Awards & Competitions with "Prada's Hong Kong IPO", in collaboration with A. Di Giuli, in the category of finance, accounting and control
- 2008 Fondation Banque de France Grant
- 2007 ESRC Grant
- 1994 The Review of Economic Tour