Economía de la empresa: Empresa, Finanzas y Márketing. (EFM)

GONZALO RUBIO: “Sophisticated Investors, Informed Trading, and Market Stability”, PRPPID2021-125317NB-I00, Ministerio de Ciencia e Innovación, MCIN/AEI /10.13039/501100011033/ and “ERDF A way of making Europe”, IPs: Roberto Pascual (Universidad de las Islas Baleares) y Juan Ángel Lafuente (Universidad Jaime I), junio 2022- junio 2025.

ANA ISABEL MATEOS: “Reformas fiscales medioambientales para una recuperación verde y digital justa: España en el contexto europeo”, Ministerio de Ciencia e Innovación PID2020-119151RB-I00, IP: Álvaro Antón (Universidad CEU Cardenal Herrera), septiembre 2021- septiembre2024.

Mª PILAR GARCÍA ALCOBER: “Ética y autorregulación de la comunicación social: análisis de contenido de los códigos éticos de 2ª generación y elaboración de protocolos y guías para su implementación”, PID2021-124969NB-I00, Ministerio de Ciencia e Innovación, IP: Hugo Aznar Gómez (Universidad CEU Cardenal Herrera), septiembre 2022- agosto 2026.

Mª PILAR GARCÍA-ALCOBER: “Evaluación de instituciones en las transacciones hacia sociedades sosenibles: nuevos retos para la gobernanza desde una perspectiva multidisciplinar, PID2020-115450GB-I00, Agencia Estatal de Investigación, IPs: Emili Tortosa Ausina (Universidad Jaime I) y Juan Carlos Matallín (Universidad Jaime I), septiembre 2021-agosto 2025.

Mª TERESA PASTOR: “Reformas fiscales medioambientales para una recuperación verde y digital justa: España en el contexto europeo”, Ministerio de Ciencia e Innovación PID2020-119151RB-I00, IP: Álvaro Antón (Universidad CEU Cardenal Herrera), septiembre 2021- septiembre 2024.

Mª TERESA PASTOR: “El ordenamiento tributario ante la economía colaborativa: de la clarificación a nuevas formas de cooperación público-privado”, Ministerio de Economía, Industria y Competitividad, DER2017-87450-R, IP: Álvaro Antón (Universidad CEU Cardenal Herrera), septiembre 2021- septiembre 2024.

Mª TERESA PASTOR: “Modelos computacionales para la simulación de modelos físicos", Ayudas del Programa de Consolidación de Indicadores de Investigación CEU-UCH 2023-2024-INDI23/17 y ayudas para Grupos de Investigación CEU-UCH 2023-2024-GIR23/01, IP: Antonio Falcó (Universidad CEU Cardenal Herrera), enero 2023-diciembre 2024.

Mª TERESA PASTOR: Transferencia del conocimiento: “Evaluación del Polígono industrila Carrús”, convenio de colaboración suscrito entre la Universidad CEU Cardenal Herrera, la AESEC y la Comunidad de propietarios Polígono de Carrús, diciembre 2023, IP: Rosa García (Universidad CEU Cardenal Herrera).

SELECTED JOURNALS

GONZALO RUBIO:

“Further International Evidence on Asset Pricing: The Case of the Spanish Capital Market”, Journal of Banking and Finance, Vol. 12, 1988, 221-242.

“Asset Pricing and Risk Aversion in the Spanish Stock Market” (with A. Alonso and F. Tusell), Journal of Banking and Finance, Vol. 14, 1990, 351-369.

“Overreaction in the Spanish Equity Market” (with A. Alonso), Journal of Banking and Finance, Vol. 14, 1990, 469-481.

“Why Do We Smile? On the Determinants of the Implied Volatility Function” (with I. Peña and G. Serna), Journal of Banking and Finance, Vol. 23, 1999, 1151-1179.

“Estimation and Empirical Performance of Heston´s Stochastic Volatility Model: The Case of a Thinly Traded Market” (with G. Fiorentini and A. León), Journal of Empirical Finance, Vol. 9, 2002, 225-255.

“The Relationship between Risk and Expected Return in Europe” (with A. León and J. Nave), Journal of Banking and Finance, Vol 31, 2007, 495-512.

“Evaluating Alternative Methods for Testing Asset Pricing Models with Historical Data” (with M. Lozano), Journal of Empirical Finance, Vol. 18, 2011, 136-146.

“The Volatility of Consumption-Based Stochastic Discount Factors and Economic Cycles” (with B. Nieto), Journal of Banking and Finance, Vol. 35, 2011, 2197-2216.

“The Cross-Section of Expected Returns with MIDAS Betas” (with M. González and J. Nave), Journal of Financial and Quantitative Analysis, Vol. 47, 2012, 115-135.

“Volatility Bounds, Size, and Real Activity Prediction” (with B. Nieto), Review of Finance, Vol. 18, 2014, 373-415.

“The Cross-Sectional Variation of Volatility Risk Premia” (with A. González-Urteaga), Journal of Financial Economics, Vol. 119, 2016, 353-370.

“The Joint Cross-Sectional Variation of Equity Returns and Volatilities” (with A. González-Urteaga), Journal of Banking and Finance, Vol. 75, 2017, 17-34.

“Macroeconomic Determinants of Stock Market Betas” (with M. González and J. Nave), Journal of Empirical Finance, Vol. 45, 2018, 26-44.

OTHER INTERNATIONAL JOURNALS

“An Empirical Evaluation of the Intertemporal Capital Asset Pricing Model: The Stock Market in Spain”, Journal of Business Finance and Accounting, Vol. 16, 1989, 729-743.

“The Stock Market in Spain: Performance, Structure, and the Behaviour of Asset Prices”, Journal of Financial Markets and Portfolio Management, Vol. 4, 1990, 332-354.

“Further Evidence on Performance Evaluation: Portfolio Holdings, Recommendations, and Turnover Costs”, Review of Quantitative Finance and Accounting, Vol. 5, 1995, 127-153.

“Adverse Selection, Volume, and Transactions around Dividend Announcements in a Continuous Auction System” (with M. Tapia), European Financial Management Journal, Vol. 2, 1996, 39-67.

“The Liquidity Premium in Equity Pricing under a Continuous Auction System” (with M. Tapia), European Journal of Finance, Vol. 4, 1998, 1-28.

“Non-simultaneous Prices and the Evaluation of Managed Portfolios in Spain” (with B. Basarrate), Applied Financial Economics, Vol. 9, 1999, 273-281.

“Smiles, Bid-Ask Spreads and Option Pricing” (with I. Peña and G. Serna), European Financial Management Journal, Vol. 7, 2001, 351-374.

“A Nonparametric Dimension Test of the Term Structure” (with J. Gil-Bazo), Studies in Nonlinear Dynamics & Econometrics, Vol. 8, 2004, 1-28.

“Asset Pricing and Systematic Liquidity Risk: An Empirical Investigation of the Spanish Stock Market” (with M. Martínez, B. Nieto and M. Tapia), International Review of Economics and Finance, Vol. 14, 2005, 81-103.

“Autoregressive Conditional Volatility, Skewness and Kurtosis” (with G. Serna and A. León), Quarterly Review of Economics and Finance, Vol 42, 2005, 599-618.

“Economic Sentiment and Yield Spreads in Europe” (with E. Ferreira, M.I. Martínez and E. Navarro), European Financial Management Journal, Vol. 14, 2008, 206-221.

“Portfolio Choice and the Effects of Liquidity” (with A. González-Urteaga), Journal of the Spanish Economic Association (SERIEs), Vol. 2, 2011, 53-74.

“Stock Returns with Consumption and Illiquidity Risks” (with B. Nieto and E. Márquez), International Review of Economics and Finance, Vol. 29, 2014, 57-74.

“Variance Swaps, Non-normality, Macroeconomic and Financial Risks” (with B. Nieto and A. Novales), Quarterly Review of Economics and Finance, Vol. 54, 2014, 257-270.

“The Reward for Trading Illiquid Maturities in Credit Default Swap Markets” (with A. Arakelyan, and P. Serrano), International Review of Economics and Finance, Vol. 39, 2015, 376-389.

“Macroeconomic and Financial Determinants of the Volatility of Corporate Bond Returns” (with B. Nieto and A. Novales), Quarterly Journal of Finance, Vol. 5, 2015, 1-41.

“Teaching Quality and Academic Research” (with R. Rodríguez), International Review of Economics Education, Vol. 23, 2016, 10-27.

“Estimating the Elasticity of Intertemporal Substitution with Leverage” (with A. González-Urteaga), North American Journal of Economics and Finance, Vol. 41, 2017, 18-31.

“A Forecasting Analysis of Future Real Activity and Financial Returns with Risk-Neutral Equity and Treasury Volatilities” (with A. González-Urteaga and B. Nieto), Journal of Forecasting, Vol. 38, 2019, 681-698.

“Effects of Uncertainty and Risk Aversion on the Exposure of Investment-Style Factor Returns to Real Activity” (with M. González and J. Nave), Research in International Business and Finance, Vol 53, No. 101236, 2020, 583-596.

“Extracting Expected Stock Risk Premia from Option Prices, and the Information Contained in Non-Parametric Out-of-Sample Stochastic Discount Factors” with A. González-Urteaga and B. Nieto), Quantitative Finance, Vol. 21, 2021, 713-727.

“The Quality Premium with Leverage and Liquidity Constraints” (with A. González-Urteaga), International Review of Financial Analysis, Vol. 75, No. 101699. 2021, 108-121.

“The Risk Aversion and Uncertainty Channels between Finance and Macroeconomics” (with B. Nieto), Finance Research Letters, Vol 45, No. 102188, 2022, 1-7.

“Guarantee Requirements by European Central Counterparties and International Volatility Spillovers” (with A. González-Urteaga), Research in International Business and Finance, Vol. 62, No. 101629, 2022, 1-19.

“Spillover Dynamic Effects between Risk-Neutral Equity and Treasury Volatilities” (with A. González-Urteaga and B. Nieto), Journal of the Spanish Economic Association SERIEs, Vol. 13, 2022, 663-708.

“Market-Wide Illiquidity and the Distribution of Nonparametric Stochastic Discount Factors” (with D. Abad, B. Nieto, and R. Pascual), International Review of Financial Analysis, Vol. 87, No. 102650, 2023, 1-17.

“The International Integration of the Expected Market Risk Premia” (with P. Serrano and T. Vaello), Finance Research Letters, Vol. 56, No. 104678, 2023, 1-9.

PEDRO CAJA:

Fernández, L., and P. Caja, Introducción de casos Harvard, I Congreso Ceu de Innovación Educativa y Docente 2020. pp. 15 - 15. Comunidad de Madrid (España): Ceu Ediciones, 2021. ISBN 978-84-18463-23-5

Fernández, L., M.I. Brún, P. Caja, M.P. García, V. Gallart, F. Suay, I. Rodríguez, L. Hilario, N. Rosillo, E. Marco, M. López, S. Femenía, R Fayos, (2020), Recopilación y uso de casos a través de las TICS para la mejora de la calidad docente en los grados de Dirección y Administración de Empresa y Marketing, VIII Jornada de Innovación y Mejora de La Docencia. pp. 273 - 278. Comunidad Valenciana (España): Servicio de Publicaciones de la Fundación San Pablo CEU. ISBN 978-84-17385-57-6

Caja, P. (2020), Proyecto Bloomberg: inmersión del alumno en el mundo financiero mediante las TIC, VIII Jornada de Innovación y Mejora de la Docencia. pp. 117 - 123. Comunidad Valenciana (España): Servicio de Publicaciones de la Fundación San Pablo CEU. ISBN 978-84-17385-57-6.

LAURA FERNÁNDEZ:

Laura Fernandez-Duran; Gabriel Ravello. Analysis of the spatial concentration of de real estate distribution channe in spain. “Pureplayer” disruption. China-US Business Review. Mayo junio 2021 Volume 20, Number 3, May-June 2021 (Serial Number 196).

Valentín Gallart; Laura Fernandez-Duran;Eugenio de la Oliva. “Análisis de hábitos de consumo: una aplicación al comercio detallista de una pequeña localidad”. Journal of Marketing & International Business Edición N° 18, Vol. 6, Nº 1 (enero - marzo de 2019). ISSN: 2386 – 8619.

De la Oliva Ramos, Eugenio; Gallart Camahort, Valentín; Fernandez-Duran Laura. “Compromiso activo del valor de marca en el sector del lujo”. RED MARKA Revista de Marketing Aplicado. Vol. 23, num.1 (2019) 89-104. ISSN 1852-2300.

JOSÉ LUIS GALDÓN:

Tarabieh, S., I. Gil; J. L. Galdón, and S. F. Ahmad-Al Fraihat (2024), The new game of online marketing: How social media influencers drive online repurchase intention through brand trust and customer brand engagement, Intagible Capital, Vol. 20, 1-23.

Marín, G., J. Galán, and J. L. Galdón (2023), Analyzing employee attrition using explainable AI for strategic HR decision-making, Mathematics, Vol 11, 1-25.

Galdón, J. L. (2023), Teachers or Influencers? A new model of education based on trust, EDULEARN Proceedings. DOI: https://doi.org/10.21125/edulearn.2023.2012

Garrigós, F., J. L. Galdón, S. Sanz (2017), Effects of crowdvoting on hotels: the Booking.com case, International Journal of Contemporary Hospitality Management, Vol. 19, 419-437.

Garrigós, F., J. L. Galdón, I. Gil (2015), The economic sustainability of tourism growth through leakage calculation, Tourism Economics, Vol. 21., 1-34.

Garrigós, F., J. L. Galdón, I. Gil (2013), Leakage, entrepreneurship, and satisfaction in hospitality, The Service Industries Journal, Vol. 33, 759-773.

VALENTÍN GALLART:

Gallart, V., L. Callarisa, and J. García (2023), Influence of the internet on retailer’s perceived quality in the generation of retailer’s brand equity, Vision, Vol. 27, 33-47

Gallart, V., L. Callarisa, y J. García (2022), Influencia del compromiso y de la experiencia del consumidor en la creación de valor de marca del comercio detallista, Revista de globalización, competitividad y gobernabilidad, Vol. 16, 85-102.

Gallart V., E. De la Oliva-Ramos, and L. Fernández (2021), Luxury brands: Awareness and image and its influence on loyalty and engagement, Contextus–Revista Contemporânea de Economia e Gestão, Vol. 19, 305-314.

Gallart, V., L. Callarisa, and J. García (2020), Retail Brand Management: a Literature Review, Academy of Marketing Studies Journal, Vol. 24, 1-8.

Gallart, V., L. Callarisa, y J. Sánchez (2020), Concepto de marca y sus perspectivas de análisis: una revisión de la literatura, Redmarka: revista académica de marketing aplicado, Vol 23, 41-56.

Gallart, V., L. Callarisa, y J. Sánchez (2020), Comercio detallista tradicional y comercio online: estrategias de integración, Nuevos horizontes del marketing y de la distribución comercial.

Oliva, E., V. Gallart, y L. Fernández (2019), Compromiso activo y valor de marca en el sector del lujo, Redmarka: Revista Académica de Marketing Aplicado, Vol. 23, 91-106.

Fernández, L., and G. Ravello (2021), Analysis of the spatial concentration of de real estate distribution channel in Spain: “Pureplayer” disruption, China-US Business Review, Vol. 20, Serial Number 196.

Gallart, V., L. Fernández y E. de la Oliva (2019), Análisis de hábitos de consumo: una aplicación al comercio detallista de una pequeña localidad, Journal of Marketing & International Business, Vol. 6, nº 1.

Mª PILAR GARCÍA-ALCOBER

García-Alcober, M.P.; Mateos-Ansótegui, A.I.; Pastor-Gosálbez, M.T. (2023). Innovative Business Effort in a Mediterranean Region, Same Characteristics and/or Same Spatial Distribution?. Economies. 11(11), pp. 274. (Suiza). ISSN 2227-7099 DOI: https://doi.org/10.3390/economies11110274

Llopis-Goig, R.; García-Alcober, M.P.; Capsí, J.(2023). ORGANISATIONAL RESOURCES AND VOLUNTEERING. A STUDY FOCUSED ON SPANISH SPORTS CLUBS. Revista multidisciplinar de las Ciencias del Deporte (anterior Revista Internacional de Medicina y Ciencias de la Actividad Física y el Deporte). 23 (93), (España). ISSN 1577-0354

Paricio-Esteban, M.P.; Puchalt-López, M.; García-Alcober, M.P.; Nicasio-Varea, B .(2023). Political parties´ influence on the transparency and participation of Spanish municipal websites: the case of Catalonia, the Community of Madrid, the Community of Valencia, and the Region of Murcia. Profesional de la información/Information Professional. 32(1), (España). ISSN 1386-6710 DOI: https://doi.org/10.3145/epi.2023.ene.20

García-Alcober, M.P.; Mateos-Ansótegui, A.I.; Pastor-Gosálbez, M.T. (2021). A geospatial analysis of concentrations of technological sectors in the Valencia Community region. Regional Science, Policy and Practice  - DOI: https://doi.org/10.1111/rsp3.12341  -

Paricio-Esteban, Pilar; Bruno-Carlos, Teresa; Alonso-Romero, Elvira; García-Alcober, María P. (2020). “Webs y portales de transparencia para la participación ciudadana en la gestión de las relaciones públicas con los stakeholders locales”. Profesional de la información, v. 29, n. 3, e290335. https://doi.org/10.3145/epi.2020.may.35

García-Alcober, M. P., Prior, D., Tortosa-Ausina, E., & Illueca, M. (2020). Risk-taking behavior, earnings quality, and bank performance: A profit frontier approach. BRQ Business Research Quarterly, 23(4), 285-304. https://doi.org/10.1177/2340944420966870

DAVID GRAU

Grau-Vera, D., and F. Sogorb-Mira, (2024), What determines intragroup debt? Spanish evidence. Spanish Accounting Review 27 (1) 63-74

Grau-Vera, D., and G. Rubio-Irigoyen, (2024), Risk-Adjusted Performance of New Economy Indices and Thematic Sectors. Revised and resubmitted, Research in International Business and Finance.

 ELENA MARTÍNEZ

“Counterfactual Decomposition of Changes in Wage Distributions via Quantile Regressions with Endogenous Regressors” (2012) (junto con J. Mora and I. Kandemir) , Computational Statistics and Data Analysis, vol. 56, pp.3212-3229. https://doi.org/10.1016/j.csda.2012.02.024

ANA ISABEL MATEOS

García, Mª. P., A. Mateos, Mª. T. Pastor (2021), Las economías de plataforma desde la perspectiva de la información asimétrica: el sector de las pernoctaciones, Obra Colectiva “Retos Jurídicos y Económicos emergentes en la Economía de Plataformas. Directores Antón, A. y Ferrando, E. Ed. Aranzadi. ISBN: 978-84-1391-086-4

García, Mª. P., A. Mateos, Mª. T. Pastor (2024), Las PYMES europeas frente a los retos medioambientales y la eficiencia de los recursos, Obra Colectiva “Reformas fiscales medioambientales para una recuperación económica justa: España en el contexto europeo. Directores Villar, M. y Antón, A., E. Ed. Aranzadi

Mª TERESA PASTOR

Belzunegui, A., M. Miralles, and Mª. T. Pastor (2017), The role of institutional and territorial factors in innovation: the case of the Spanish footwear components industry, Journal of Regional Research 39, 59-80.

Fauli, R., and Mª T. Pastor (2016), Merger policy in R&D intensive industries, Revista de Economía Aplicada 24, 47-56.

Olivella, P., and Mª T. Pastor (2003), Cost reducing strategies, Investigaciones Económicas 27, 5-37.

Pastor, Mª T., and J. Sandonis (2002), Research joint ventures vs. cross licensing agreements: an agency approach, International Journal of Industrial Organization 20, 215-249.

Pastor, Mª T., and J. Sandonis (2002), Disclosing own subsidies in cooperative research projects, Journal of Economic Behavior & Organization 42, 385-404.

ANA POVEDA

"Digitalización y sostenibilidad en la red de Mercas". Distribución y Consumo, 2, 4-13.  https://www.mercasa.es/distribucion-y-consumo-articulos/digitalizacion-y-sostenibilidad-en-la-red-de-mercas/

"What are the key determinants of digital transformation? Empirical evidence from Spanish Food Units (Mercas) Network"  Universia Business Review 20(79):18-41. DOI: 10.3232/UBR.2023.V20.N4.01

 GABRIEL RAVELLO

Fernández, L., and G. Ravello (2021) Analysis of the Spatial Concentration of the Real Estate Distribution Channel in Spain: “Pure Player” Disruption, Chinese Business Review, Vol. 20, 149-163.

Ravello, G. (2022), Revista Economía 3. Clientes, valor y adecuadas métricas de marketing. https://economia3.com/2022/09/30/506792?clientes?valor?y?adecuadas?metricas?demarketing/

FRANCISCO SOGORB

Grau Vera, David y Francisco Sogorb Mira, 2024, What determines intragroup debt financing? Spanish evidence”, Spanish Accounting Review, 27 (1), 63-74, DOI: https://doi.org/10.6018/rcsar.479961.

Poveda Larrosa, Ana y Francisco Sogorb Mira, 2023, What are the key determinants of digital transformation? Empirical evidence from Spanish food units (Mercas) network, UCJC Business & Society Review, 20 (79), 18-41, DOI: https://doi.org/10.3232/UBR.2023.V20.N4.01

Izquierdo Cervera, Enrique y Francisco Sogorb Mira, 2023, An assessment of the impact of the PSPP on Spanish public bonds, Studies in Economics and Finance, 40 (5), 971-995, DOI: https://doi.org/10.1108/SEF-02-2023-0073.

Poveda Larrosa, Ana y Francisco Sogorb Mira, 2022, Digitalización y sostenibilidad en la red de Mercas, Distribución y Consumo, 2, 4-13.

Grau Vera, David, Gonzalo Rubio y Francisco Sogorb Mira, 2021, Time varying risk aversion and the expected market risk premium in the Spanish stock exchange, Estudios y Publicaciones de Bolsas y Mercados Españoles (BME), Junio, 1-13.

Giraldo Prieto, César Augusto, Cristina De Fuentes y Francisco Sogorb Mira, 2019, Determinants of foreign exchange risk management in Latin American firms, Academia Revista Latinoamericana de Administración (ARLA), 32 (4), 502-524, DOI: https://doi.org/10.1108/ARLA-03-2019-0072.

Clemente Almendros, José Antonio y Francisco Sogorb Mira, 2018, Costs of debt, tax benefits and a new measure of non-debt tax shields: examining debt conservatism in Spanish listed firms, Spanish Accounting Review, 21 (2), 162-175. DOI: https://doi.org/10.1016/j.rcsar.2018.05.001.

Clemente Almendros, José Antonio y Francisco Sogorb Mira, 2017, How much do the tax benefits of debt add to firm value? Evidence from Spanish listed firms, Revista de Economía Aplicada, 25 (74), 105-129.

Clemente Almendros, José Antonio y Francisco Sogorb Mira, 2016, La relación entre endeudamiento y fiscalidad corporativa en las empresas cotizadas españolas, Estudios y Publicaciones de Bolsas y Mercados Españoles (BME), Noviembre, 1-10.

Clemente Almendros, José Antonio y Francisco Sogorb Mira, 2016, The effect of taxes on the debt policy of Spanish listed companies, Journal of the Spanish Economic Association (SERIEs), 7 (3), 359-391, DOI: https://doi.org/10.1007/s13209-016-0147-4.

López Gracia, José y Francisco Sogorb Mira, 2015, Financial constraints and cash – cash flow sensitivity, Applied Economics, 47 (10), 1037-1049. DOI: https://doi.org/10.1080/00036846.2014.987918.

López Gracia, José y Francisco Sogorb Mira, 2014, Sensitivity of external resources to cash flow under financial constraints, International Business Review, 23, 920-930. DOI: https://doi.org/10.1016/j.ibusrev.2014.02.004.

Rubio Irigoyen, Gonzalo y Francisco Sogorb Mira, 2012, Adjustment costs and the realization of target leverage of Spanish public firms, Spanish Journal of Finance and Accounting, 41 (156), 547-564. DOI: https://doi.org/10.1080/02102412.2012.10779735.

Rubio Irigoyen, Gonzalo y Francisco Sogorb Mira, 2011, The adjustment to target leverage of Spanish public firms: macroeconomic conditions and distance from target, Revista de Economía Aplicada, 19 (57), 35-63.

López Gracia, José y Francisco Sogorb Mira, 2008, Testing trade-off and pecking order theories financing SMEs, Small Business Economics, 31 (2), 117-136. DOI: https://doi.org/10.1007/s11187-007-9088-4.

Sogorb Mira, Francisco, 2005, How SME uniqueness affects capital structure: evidence from a 1994–1998 Spanish data panel, Small Business Economics, 25 (5), 447-457. DOI: https://doi.org/10.1007/s11187-004-6486-8.