Marcelo Ortiz M.

I am an Assistant Professor in the Department of Economics and Business at Universitat Pompeu Fabra.

My research interests lie at the intersection of Accounting and Corporate Governance. I have two research agendas. The first one is on the role of corporate information (legal disclosures and leaks) on markets and corporate policies. The second one is on the role of the family behind the family firms, with a special focus on the role of family members in the firm and society.

I’m fortunate that my research has been published in leading journals in finance (The Review of Financial Studies) and management (Entrepreneurship Theory and Practice[x2], and Global Strategy Journal). I’m a member of the Economic and Accounting Society, American Accounting Association, and European Accounting Association. Also, I’m an Affiliated Professor at the Barcelona School of Economics and UPF-Barcelona School of Management, and have been a visiting scholar at Paris Dauphine PSL and Rotterdam School of Management.

• Link to my CV.
• I co-organize the Barcelona Accounting Summer Seminars and Workshops.

News:

• Selected for Ramon y Cajal fellowship from the Spanish Government.
• Invited seminar at CUNEF University in April 2024.

Working Paper

1. Dynamic Contracting and Corporate Tax Evasion (with Juan Imbet and Vincent Tena).
   • Pre-print.
2. Private Firms and Offshore Finance: the Real Effects of Data Leaks (with Juan Imbet)
   • Pre-print.
3. Peer Financial Reports and Cash Policy (with Francisco Urzúa)
   • Pre-print. Featured by BSE Focus.
   • R&R at the European Accounting Review.
4. Industry Information and The Market for Top Executives (with Francisco Urzúa and Paolo Volpin).
   • First draft soon.

Articles

1. More than Money: Political Participation by Elite Business Families. Accepted. Entrepreneurship Theory and Practice. Joint with P. Duran and M. Carney.
   • Publisher. Pre-print. Featured by BSE, Promarket, FamilyBusiness.org and Diario Financiero.
2. Mandatory Financial Disclosure and the M&A Activity. 2023. The Review of Financial Studies. Joint with F. Urzua, C. Peter, and P. Volpin.
   • Publisher. Pre-print. Internet Appendix.
3. Inheritance tax, Shareholder Protection, and the market value of Family Firms. 2021. Global Strategy Journal. Joint with M. Braun, M. Carney, P. Duran, and J. Riutort.
   • Publisher.
   • Finalist Best Paper Award AIB LAT 2018.
4. When More Is Better: Multifamily Firms and Firm Performance. 2020. Entrepreneurship Theory and Practice. Joint with P. Duran.
   • Publisher.

Book Chapters

5. Inheritance Law. Encyclopedia of Family Business. Forthcoming. Cheltenham, UK, Edward Elgar Publishing.
   • Publisher. Pre-print.