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Deconstructing the Pillars of Finance
Research highlights from 25 years of 天美传媒鈥檚 Center for International Finance
The CIF鈥檚 research has covered a wide range of issues, from regulation to competition to ethics. | Photo: iStock
June 26, 2018
天美传媒鈥檚 Center for International Finance, which is celebrating its 25th anniversary this year, has generated a large body of research that continues to advance knowledge of a wide range of issues related to the financial sector, from regulatory frameworks to ethical dilemmas.
The focus of the research has evolved as the global financial sector has undergone profound change. The last quarter of a century has witnessed, for example, a growing liberalization of international capital movements, the birth of a new common European currency 鈥� and crises that have shaken the sector鈥檚 very foundations. In recent times, the digital revolution has begun to transform the nature of financial intermediation.
Here are some highlights of the center鈥檚 research:
The banking sector and its regulation has carried much weight over the years, especially after the outbreak of the financial crisis, as shown in the book and a . Research published in 2010 by
Competition is another area of research interest. Recent investigations by and by considered the risks of rival companies having common shareholders. A study by
Investment in the real estate sector has also attracted the attention of various professors. Jos茅 Luis Su谩rez examined forecasts of demand for new housing and
But the CIF鈥檚 research areas are very broad, ranging from to , to and .
Two Star Areas
If there are two issues that have remained prominent throughout the last quarter of a century, they are the ethics of finance and the major strategic issues facing companies and their financial directors on a day-to-day basis.
Ethics research included ; , or the research of . A highlight of research on management is .
In addition, there have been more than 500 technical notes and almost 700 published cases, covering dilemmas that have had to deal with companies as diverse as Henkel, Pirelli, Repsol, EADS, Carrefour, Glaxo, Nokia, Telefonica, Hertz, Aena, Danone, AC Hotels, Vodafone, PayPal and Neinor Homes.


