Massimo Massa

Professor of Finance INSEAD
Executive Board Programme INSEAD

Participants in the Executive Board Program can look forward to meeting Massimo Massa, who is an acclaimed professor, teacher and researcher in capital management, corporate finance, behavioral finance and financial intermediation.

Massimo Massa is the Rothschild Chaired Professor of Banking and a Professor of Finance at INSEAD. He teaches international finance, corporate finance, asset management, behavioural finance, and governance in MBA, EMBA, PhD and Executive Education programmes. 

At the Scandinavian Executive Institute programme –  Executive Board Programme – he teaches risk management. He has an MBA from the Yale School of Management and an MA and a PhD in Financial Economics from Yale University. He is a CPA and an Auditor. He has previously worked in the Bank of Italy. 

His research interests include asset management, corporate finance, behavioural finance, and financial intermediation. He has published articles on M&A, alliances, capital structure, dividend policy, share repurchases, IPOs, mutual funds, hedge funds, short-selling, behavioural biases, banking, asset management, international finance, the role of media and social networks in financial markets, ownership structure, corporate governance, family firms. His publications have been featured in top academic journals and his research has been quoted in major magazines, newspapers, professional journals, and forums. He is an Associate Editor of the Journal of Empirical Finance and the Review of Finance. 

Professor Massa has been a consultant with several companies on strategic issues related to governance and corporate financial and growth strategies. He co-directs the Hoffmann Fund for research in family firms and is the director of the Advanced Asset Management programme, the Interalpha Banking programme and the Executive Master in Finance. He co-directs Value Creation for Owners and Directors programme and has managed several programmes for corporations and banks, including ABN AMRO, Maybank, Société Générale, Fineco, Technip, Mubadala, Bertelsmann. Professor Massa is also teaching in the International Directors Programme and directing the Developing Leaders in Global Banking programme. 

Professor Massa’s current research focuses on the link between corporate financial strategies, governance, and type of ownership and how this affects value creation and growth in corporations as well as the strategies of asset managers and banks and their synergies. 

Back to professors – INSEAD

Michael Bindseil

Regional Vice President, COWI

The Executive Board Program INSEAD is – without comparison – the best boarding training I’ve attended – and I’ve tried a little differently. Both the course in Kolding and at INSEAD in France were absolutely fantastic. Not least, the topic of how to get a board to play with the company’s CEO was very exciting. But also the teaching of shareholder value, which is about how important it is that you manage to think long-term, was really an eye-opener. Both the general academic level and the level of the teachers have to a great extent impressed. It is not often that one finishes an education where one thinks “here there is nothing to put your finger on”, but that is the conclusion in this case. The exchange between theory, practical cases and films – it all sat “right in the closet”. The knowledge I have gained, I can apply immediately in a couple of the boards I sit in internally in COWI. But I also have ambitions to build a board of directors and find some board posts in a year or two. With the Executive Board Program in my luggage, I strongly believe that I will succeed.