University of Texas at Austin
McCombs School of Business McCombs School of Business

Cesare Fracassi

Associate Professor

Department: FinanceInformation, Risk, and Operations Mgmt.

Contact Information

GSB 5.165

Biography Cesare joined the Finance Faculty at the McCombs School of Business in 2009. His primary research interest is in the area of corporate finance. His research includes work on corporate governance, executive compensation, credit rating agencies, small business financing, and the effects of social networks and cultural preferences on financial policies. His articles have been published in the top Finance journals, such as the Journal of Finance, the Journal of Financial Economics, and the Journal of Financial and Quantitative Analysis. He teaches corporate finance and valuations in the MBA program. Cesare holds a Bachelor's degree in Electrical Engineering from the Politecnico di Milano (Italy), and an MBA and PhD in Finance from UCLA Anderson. He was a visiting professor at the Wharton School in 2012/2013. Before his PhD, he worked as strategic management consultant at Booz Allen and Roland Berger in Italy, and as summer intern at the United Nations in New York.
Cesare Fracassi, Alessandro Previtero, and Albert Sheen. Barbarians at the Store? Private Equity Products and Consumers. Journal of Finance, forthcoming.
Cesare Fracassi and William Magnuson. 2021. Data Autonomy. Vanderbilt Law Review 74(2), 327-383.
Fernando Anjos and Cesare Fracassi. 2018. Technological Specialization and the Decline of Diversified Firms. Journal of Financial and Quantitative Analysis 53(4), 1581-1614.
Cesare Fracassi. 2017. Corporate Finance Policies and Social Networks. Management Science 63(8), 2420-2438.
Cesare Fracassi, Mark J. Garmaise, Shimon Kogan, and Gabriel Natividad. 2016. Business Microloans for U.S. Subprime Borrowers. Journal of Financial and Quantitative Analysis 51(1), 55-83.
Cesare Fracassi, Stefan Petry, and Geoffrey Tate. 2016. Does Rating Analyst Subjectivity Affect Corporate Debt Pricing? Journal of Financial Economics 120(3), 514-538.
Kenneth R. Ahern, Daniele Daminelli, and Cesare Fracassi. 2015. Lost in Translation? The Effect of Cultural Values on Mergers Around the World. Journal of Financial Economics 117(1), 165-189.
Fernando Anjos and Cesare Fracassi. 2015. Shopping for Information? Diversification and the Network of Industries. Management Science 61(1), 161-183.
Cesare Fracassi and Geoffrey Tate. 2012. External Networking and Internal Firm Governance. Journal of Finance 67 (1), 153-194.
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Academic Leadership and Awards
Professional Awards
Kauffman Foundation Junior Faculty Fellowship in Entrepreneurship Research2013
McCombs Research Excellence Grant2011
J. Fred Weston Fellowship for Outstanding Finance PhD Students UCLA Anderson2006
Honor Pass PhD Finance Comprehensive Exam UCLA Anderson2006
Excellent Pass in the PhD Micro-Economics Comprehensive Exam UCLA Anderson2005
Dean's MBA List of Honor Student UCLA Anderson2004
MBA Haskamp Fellowship for non-profit/public sector2003
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Teaching Awards
University of Texas Academic Accolades, Honoree2012
McCombs Faculty Honor Roll for Outstanding MBA Class Instruction2011
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