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Philip Valta

  

Professor of Finance

University of Bern and Swiss Finance Institute

 

University of Geneva (on leave)

 

 

Contact:

University of Bern

Institute for Financial Management

Engehaldenstrasse 4

3012 Bern

Switzerland

   

Email: philip.valta [at] ifm.unibe [dot] ch

Tel: +41 (0)31 631 37 12

  

 

Curriculum Vitae

 

Google Scholar Page

 

 

 

Publications

 

Competition and the Cost of Debt

Journal of Financial Economics (2012) 105, 661-682.

 

Strategic Default and Equity Risk Across Countries, (with Giovanni Favara and Enrique Schroth)

Journal of Finance (2012) 67, 2051-2095.

  

Financing Investment: The Choice between Bonds and Bank Loans, (with Erwan Morellec and Alexei Zhdanov)

Management Science (2015) 61, 2580-2602.

 

Strategic Default, Debt Structure, and Stock Returns

Journal of Financial and Quantitative Analysis (2016) 51, 1-33.

 

How Does Corporate Investment Respond to Increased Entry Threat?, (with Laurent Frésard)

Review of Corporate Finance Studies (2016) 5, 1-35.

Data: Tariff data for manufacturing industries (SIC4) - 1974-2005 (zipped file)

 

Debt Enforcement, Investment, and Risk Taking Across Countries (with Erwan Morellec, Giovanni Favara, and Enrique Schroth)

Journal of Financial Economics, Forthcoming

 

 

Working papers (my SSRN website)

 

Debt in Political Campaigns (with Alexei Ovtchinnikov)

 

Transitory versus permanent shocks: Explaining corporate savings and investment

(with Sebastian Gryglewicz, Loriano Mancini, Erwan Morellec, and Enrique Schroth)

 

 

Teaching

 

Financing and Capital Structure

Real Options and Financial Structuring

Empirical Methods in Corporate Finance

Corporate Finance