Years at SKEMA Business School: 2
 


Florencio LOPEZ DE SILANES MOLINA

Globalisation
Sophia-Antipolis



CV
Skills & Interests 
Languages
English, Spanish, French
Expertise
His research interests and main publications are in corporate finance, corporate governance, family firms, law and finance, regulation of financial markets and banks, state-owned enterprises and legal reform and deregulation.
Qualification 
Scholarly Academic
Academic Degrees 
HDR  Universit√© Paris Dauphine, France, Investor Protection: Origins, Impact, and Reforms, 2018.
Ph.D.  Harvard university Cambridge MA, 2005.
Work Experience 
Associate Dean for Academic Strategy, SKEMA Business School (2017 - Present), Sophia-Antipolis, France.
Intellectual contributions
Articles in Journals 
LOPEZ DE SILANES MOLINA, F., Lopez-de-Foronda, O., Lopez-Iturriaga, Felix J., & Santamaria-Mariscal, M. (2019).  Overinvestment, leverage and financial system liquidity: A challenging approach.   Business Research Quaterly, 22 (2), 96-104.
Cumming, D., LOPEZ DE SILANES MOLINA, F., McCahery, Joseph A., & Schwienbacher, A. (in press, 2019).  Tranching in the syndicated Loan market around the world.   Journal of International Business Studies.
LOPEZ DE SILANES MOLINA, F., & McCahery, J. (in press, 2018).  European Capital Markets Study. Estimating the Financing Gaps of SME.   Journal of Corporate Finance Research.
Lopez de Silanes Molina, F., Phalippou, L., & Gottschal, O. (2015).  Giants at the Gate: Investment Returns and Diseconomies of Scale in Private Equity.   Journal of Financial and Quantitative Analysis.
Lopez de Silanes Molina, F., & Chong, A. (2015).  Money Laundering and its Regulation.   Economics and Politics.
Lopez de Silanes Molina, F., Genneaioli, N., La Porta, R., & Schleifer, A. (2014).  Growth in Regions.   Journal of Economic Growth.
Lopez de Silanes Molina, F., Chong, A., La Porta, R., & Schleifer, A. (2014).  Letter Grading Government Efficiency.   Journal of the European Economic Association.
Lopez de Silanes Molina, F., Glaser, M., & Sautner, Z. (2013).  Opening the Black Box: Internal Capital Markets and Managerial Power in Conglomerates.   Journal of Finance, LXVIII (4), 1551-1604.
Lopez de Silanes Molina, F., Genneaioli, N., La Porta, R., & Schleifer, A. (2013).  Human Capital and Regional Development.   Quarterly Journal of Economics.
Lopez de Silanes Molina, F., Chong, A., & Guillen, J. (2011).  Privatization and Labor Policies.   Journal of Public Economics, 95.
Lopez de Silanes Molina, F., La Porta, R., & Schleifer, A. (2010).  Disclosure by Politicians.   American Economic Journal: Applied Economics, 2 (2), 1-35.
Lopez de Silanes Molina, F., Balas, A., La Porta, R., & Schleifer, A. (2009).  The Divergence of Legal Procedures.   American Economic Journal: Economic Policy, 1 (2), 138-162.
Lopez de Silanes Molina, F., La Porta, R., & Schleifer, A. (2008).  The Economic Consequences of Legal Origins.   Journal of Economic Literature.
Lopez de Silanes Molina, F., Djankov, S., La Porta, R., & Schleifer, A. (2008).  The Law and Economics of Self-Dealing.   Journal of Financial Economics.
Lopez de Silanes Molina, F., La Porta, R., & Schleifer, A. (2006).  What Works in Securities Laws.   Journal of Finance, LXI (1), 1-32.
Lopez de Silanes Molina, F., Glaeser, E., La Porta, R., & Schleifer, A. (2004).  Do Institutions Cause Growth?   Journal of Economic Growth, 9, 271-303.
Lopez de Silanes Molina, F., & Chong, A. (2004).  Privatization in Latin America: What Does the Evidence Say?   Economia, The Journal of LACEA, 4 (2).
Lopez de Silanes Molina, F., La Porta, R., Pop-Eleches, C., & Schleifer, A. (2004).  Judician Checks and Balances.   Journal of Political Economy, 112, 445-470.
Lopez de Silanes Molina, F., Botero, J.C., Djankov, S., La Porta, R., & Schleifer, A. (2004).  The Regulation of Labor.   Quarterly Journal of Economics.
Lopez de Silanes Molina, F., Djankov, S., Glaeser, E., La Porta, R., & Schleifer, A. (2003).  The New Comparative Economics.   Journal of Comparative Economics, 31 (4), 595-619.
Lopez de Silanes Molina, F., Botero, J.C., La Porta, R., Schleifer, A., & Volokh, A. (2003).  Judicial Reform.   World Bank Research Observer, 18 (1), 61-88.
Lopez de Silanes Molina, F., Djankov, S., La Porta, R., & Schleifer, A. (2003).  Courts.   Quarterly Journal of Economics, 118 (2), 453-517.
Lopez de Silanes Molina, F., La Porta, R., & Zamarripa, G. (2003).  Related Lending.   Quarterly Journal of Economics, 118 (1), 231-268.
Lopez de Silanes Molina, F., La Porta, R., Schleifer, A., & Vishny, R. (2002).  Investor Protection and Corporate Valuation.   Journal of Finance, LVIII (3).
Lopez de Silanes Molina, F., La Porta, R., & Schleifer, A. (2002).  Government Ownership of Banks.   Journal of Finance, LVII (1), 265-302.
Lopez de Silanes Molina, F., Djankov, S., La Porta, R., & Schleifer, A. (2002).  The regulation of Entry.   Quarterly Journal of Economics, CXVII, 1-37.
Lopez de Silanes Molina, F. (2002).  The Politicsof Legal Reform.   Economia, The Journal of LACEA, 2 (2).
Lopez de Silanes Molina, F., La Porta, R., Schleifer, A., & Vishny, R. (2000).  Agency Problems and Dividend Policies Around the World.   Journal of Finance, LV (1), 1-33.
Lopez de Silanes Molina, F., Johnson, S., La Porta, R., & Schleifer, A. (2000).  Tunneling.   American Economic Review, 90 (2), 22-27.
Lopez de Silanes Molina, F., La Porta, R., Schleifer, A., & Vishny, R. (2000).  Investor Protection and Corporate Governance.   Journal of Financial Economics, 58 (1), 1-25.
Lopez de Silanes Molina, F., La Porta, R., & Schleifer, A. (1999).  Corporate Ownership Around the World.   Journal of Finance, LIV (2), 471-517.
Lopez de Silanes Molina, F., & La Porta, R. (1999).  The Benefits of Privatization: Evidence from Mexico.   Quarterly Journal of Economics, CXIV, 1193-1242.
Lopez de Silanes Molina, F., La Porta, R., Schleifer, A., & Vishny, R. (1999).  The Quality of Government.   Journal of Law, Economics, and Organization, 15, 222-279.
Lopez de Silanes Molina, F., La Porta, R., Schleifer, A., & Vishny, R. (1998).  Law and Finance.   Journal of Political Economy, 106, 1113-1155.
Lopez de Silanes Molina, F., La Porta, R., Schleifer, A., & Vishny, R. (1997).  Legal Determinants of External Finance.   Journal of Finance, LII (3), 1131-1150.
Lopez de Silanes Molina, F. (1997).  Determinants of Privatization Prices.   Quarterly Journal of Economics, CXII, 966-1028.
Lopez de Silanes Molina, F., La Porta, R., Schleifer, A., & Vishny, R. (1997).  Trust in Large Organizations.   American Economic Review, 87, 333-338.
Lopez de Silanes Molina, F., Hart, O., La Porta, R., & Moore, J. (1997).  A New Bankruptcy Procedure that uses Multiple Auctions.   European Economic Review, 41, 461-473.
Lopez de Silanes Molina, F., Schleifer, A., & Vischy, R. (1997).  Privatization in the United States.   RAND Journal of Economics, 447-471.
Lopez de Silanes Molina, F., Markusen, J., & Rutherford, T. (1996).  Trade Policy Subtlelies with Multinational Firms.   European Economic Review, 40, 1605-1627.
Lopez de Silanes Molina, F., Markusen, J., & Rutherford, T. (1994).  Complementarity and Increasing Returns in Intermediate Inputs.   Journal of Development Economics, 45, 101-119.
Lopez de Silanes Molina, F., Blanchard, O., & Schleifer, A. (1994).  What do Firms do with Cash Windfalls.   Journal of Financial Economics, 36, 337-360.
Books, Monographs, Compilations, Manuals 
Lopez de Silanes Molina, F., & Chong, A. (2007).  Investor Protection and Corporate Governance: Firm-level Evidence Across Latin America Stanford University Press and The World Bank.  
Lopez de Silanes Molina, F., & Chong, A. (2005).  Privatization in Latin America: Myths and Reality Stanford University Press and The World Bank.  
Chapters, Cases, Readings, Supplements 
Lopez de Silanes Molina, F., La Porta, R., & Schleifer, A. (2017). Legal Origins. In S. Michalopoulos and E. Papaioannou, eds. (Eds.), The Long Economic and Political Shadow of History (pp. 89-98). CEPR Press. 
Lopez de Silanes Molina, F., La Porta, R., & Schleifer, A. (2014). Law and Finance After a Decade of Research. In Law and G. Constantinides, M. Harris and R. Stulz, eds. (Eds.), Handbook of the Economics of Finance (pp. 425-491). North Holland Publications. 
Lopez de Silanes Molina, F., & Chong, A. (2007). Corporate Governance in Latin American Firms. In A. Chong and F. Lopez-de-Silanes editors (Eds.), Investor Protection and Corporate Governance: Firm-level Evidence Across Latin America. Stanford University Press and The World Bank. 
Lopez de Silanes Molina, F., & Chong, A. (2007). Investor Protection in Mexico: Firm-level Governance and Valuation. In A. Chong and F. Lopez-de-Silanes editors (Eds.), Investor Protection and Corporate Governance: Firm-level Evidence Across Latin America. Stanford University Press and The World Bank. 
Lopez de Silanes Molina, F., & Chong, A. (2005). Privatization in Mexico. In A. Chong and F. Lopez-de-Silanes editors (Eds.), Privatization in Latin America: Myths and Reality. Stanford University Press and The World Bank. 
Lopez de Silanes Molina, F., & Chong, A. (2005). The Truth About Privatization in Latin America. In A. Chong and F. Lopez-de-Silanes editors (Eds.), Privatization in Latin America: Myths and Reality. Stanford University Press and The World Bank. 
Lopez de Silanes Molina, F., Capra, K., Chong, A., Garron, M., & Machicado, C. (2005). Privatization and Firm Performance in Bolivia. In A. Chong and F. Lopez-de-Silanes editors (Eds.), Privatization in Latin America: Myths and Reality. Stanford University Press and The World Bank. 
Lopez de Silanes Molina, F. (2004). The Need for Good Governance and Institutions that Protect Property Rights to Compete in a Global Economy. El Crecimiento Economico y la Globalizacion. Mexico's Senate and Central Bank, Mexico. 
Lopez de Silanes Molina, F., & La Porta, R. (2000). Creditor Protection and Bankruptcy Law Reform. In Djankov, Simeon and Stiglitz, Joseph E. editors (Eds.), Systemic Corporate Distress and Its Resolution. The World Bank Institute, Washington, D.C.. 
Lopez de Silanes Molina, F., & La Porta, R. (1998). Capital Markets and Legal Institutions. In Burki, Shadid and Perry, Guillermo, editors (Eds.), Beyond the Washington Consensus: Institutions Matter. World Bank, Washington. 
Lopez de Silanes Molina, F., Hart, O., La Porta, R., & Moore, J. (1997). Proposal for a New Bankruptcy Procedure in Emerging Markets. In Edward I. Altman and R. Levich, editors (Eds.), The Future of Emerging Market Capital Flows (pp. 405-423). Kluwer Academic Publishers. 
Lopez de Silanes Molina, F. (1995). Economic Planning. Encyclopedia Americana. Grolier, Inc. publisher. Danbury, Connecticut. 
Lopez de Silanes Molina, F., Markusen, J., & Rutherford, T. (1994). The Auto Industry and the North American Free-Trade Agreement: Employment, Production, and Welfare Effects. In Clint Shields and Joseph Francois, eds. (Eds.), Modeling Trade Policy: Applied General Equilibrium Models of North American Free Trade (pp. 223-255). Cambridge University Press. 
Lopez de Silanes Molina, F., Berry, S., & Grilly, V. (1994). The Automobile Industry and the U.S.-Mexico-Canada Free Trade Agreement. In Peter Garber ed. (Ed.), The Mexican-U.S. Free Trade Agreement. MIT Press Cambridge. 
Lopez de Silanes Molina, F. (1994). A Macro Perspective on Privatization; The Mexican Program. In S. Levy and L. Svensson, eds. (Eds.), Macroeconomic Aspects of Privatization. The World Bank Institute, Washington, D.C.. 
Lopez de Silanes Molina, F. (1991). Automobiles. In Sidney Weintraub, ed (Ed.), U.S.-Mexican Industrial Integration, the Road to Free Trade. Westview Press, Denver, Colorado. 
Professional Memberships 
President, Iberoamerican Institute of Law and Finance, 2014
Board Member and Member of the Academic Committee, European Capital Markets Institute, Center for European Policy Studies, Brussels, Belgium, 2011
Member, Academia Europaea, Section of Economics, since October, 2010., 2010
Academic Board Member, Duisenberg Institute of Finance, Amsterdam, The Netherlands, 2008
Board Member, AFORE DE LA GENTE, Mexico, November 2006 to June 2007., 2006-2007
Advisor in Corporate Governance, BANSEFI, Mexico, 2005-2006
Board Member, Academic Advisory Board, The Fraser Institute, Canada, March 2005 to present., 2005
Advisor to the National Banking and Securities Commission ant the Ministry of Finance to develop the new Mexican Securities Markets' Law of 2005. Mexico City, Mexico, 2003-2005
Founding Board Member, Advisory Board on Corporate Governance, World Economic Forum, Geneva, Switzerland, 2003
Founding Board Member, Committee on Best Corporate Practices AVE, Venezuela, 2003
Founding Panel Member, International Advisory Panel, Etisalat University, Sharjah, United Arab Emirates, 2003
Board Member, Corporate Board Member's Academic Council, U.S., 2002-2004
Founding Advisory Board Member, Institute of Public Policy and Development Studies, Universidad de Las America, Puebla, Mexico, 2002
Board Member, Advisory Board for Business Environment, Development Gateway, Washington, D.C., U.S.A., 2001
Board Member, Advisory Committee on Shareholder Responsibility of the Treasurer of Massachusetts, Massachusetts Pension Investment Management Board, Boston, U.S.A., 2001
Board Member, Expert Group for Development of Mechanisms to Invest Pension Reserves and Draft Laws for Funded Financing of Pension of the Russian Federation, Ministry of Economic Development and Trade, Moscow, Russia, 2001
Advisor, Inter-American Investment Corporation. Topics: Evaluation of investments in Latin American Corporations. Washington, D.C., 2000
Founding Board Member, Blue Ribbon Panel of Best Corporate Practices, Russian Institute for Corporate Law and Corporate Governance, Moscow, Russia, 2000
Advisor, Bogota Stock Exchange, Ministry of Economic and Social Development, and Confederation of Chambers of Commerce, Colombia., 1999
Consultant, International Monetary Fund, Washington, D.C. Topics: Bankruptcy Law., 1998-1999
Founding Board Member, Committee of Best Corporate Governance Practices, Stock Market Commission, Mexico, 1997
Advisor to various Mexican government ministries and agencies including: National Banking and Securities Commission, 1996
Advisor to Ministry of Finance and Ministry of Communications and Transportation, 1995
Consultant, governments of China, Costa Rica, Egypt, Malaysia, Mexico, Peru, Russia, Uruguay, Uzbekistan and Yemen. Topics: Financial Markets Reform, Bankruptcy Law, Corporate Law and Privatization, 1994
Under-Director of Foreign Trade Policy Design and Member of the Committee of Advisors to the Minister of Foreign Trade, Ministry of Trade and Industrial Development, Mexico, 1989
Head of Department and Junior Economic Advisor to the President of Mexico, Council of Economic Advisors to the President of Mexico, Mexico, 1988
Advisory Board Member or Consultant for several corporations including: VideoShare Communications Inc. (USA); AAA Asset Management S/C Ltda. (Brazil); Protego S.C. (Mexico); and Coca Cola Co., ROZ Group (Uzbekistan), -