黑料论坛

Matteo Arena
Matteo Arena黑料论坛

O'Brien Hall, 332D

MilwaukeeWI53201United States of America(414) 288-3369
Curriculum Vitae

Professor of Finance and Director, MS in Finance

Dr. Arena is the recipient of the 2023 COBA Miles Research Fellow Award. Dr. Arena is one of the leading finance experts on corporate litigation and his research in corporate finance is widely published in top-tier finance journals such as the Review of Financial Studies and the Journal of Financial and Quantitative Analysis, among others. His work has been featured in national media outlets, including the Wall Street Journal, Fortune, Forbes, the Washington Post and NPR Marketplace.

Dr. Arena, who joined 黑料论坛 in 2006, earned his bachelor鈥檚 and master鈥檚 degrees in chemistry from the University of Torino in Italy, his MBA from Iowa State University, and his Ph.D. in finance from the University of Missouri. Previously, Dr. Arena worked at the Department of Energy Lab, Iowa State University, where he developed a method to analyze drinking water on the International Space Station, which is still used today by NASA astronauts.

Education

  • Ph.D., Finance, University of Missouri 鈥� Columbia
  • M.B.A., Iowa State university
  • M.S. / B.S. in Chemistry, University of Torino, Italy 

Courses Taught

Advanced Financial Management

Research Interests

Professor Arena鈥檚 research focuses on how litigation risk affects corporate finance, law, and governance. Arena鈥檚 work examines how litigation shapes financial policies such as cash holdings, payout policy, capital structure, and investment, and quantifies both direct and indirect costs for shareholders, particularly in M&A activity and deal outcomes. Additional interests include the governance role of boards and outside directors in contested transactions, as well as the effects of tax policy reforms and the relationship between litigation risk and corporate tax avoidance. Across these areas, Arena鈥檚 research is marked by rigorous empirical analysis and a focus on how legal and regulatory environments influence firm value and risk management.

Professional Affiliations

Financial Management Association, Financial Executives International, Beta Gamma Sigma

Professional Interests

Corporate Finance, Corporate Litigation, Mergers and Acquisitions, Corporate Debt, Corporate Governance

Selected Publications

Litigation Risk Management through Payout Policy with Brandon Julio Journal of Financial and Quantitative Analysis, Vol. 58, 2023, pp. 148-174.

Territorial Tax System Reform and Corporate Financial Policies with George Kutner Review of Financial Studies, Vol. 28, 2015, pp. 2250-2280.

The Effects of Securities Class Action Litigation on Corporate Liquidity and Investment Policy with Brandon Julio Journal of Financial and Quantitative Analysis, Vol. 50, 2015, pp. 251-275.

Honors and Awards

  • Miles Research Fellowship, 黑料论坛, 2023
  • Literati Award Winner - Managerial Finance - Outstanding Reviewer, 2023
  • The Financial Review, Outstanding Paper Award: 鈥淚t Takes Two: The Incidence and Effectiveness of co-CEOs鈥�, 2011.
  • CEO Daily Best Recent Article on Leadership and Management: 鈥淚t Takes Two: The Incidence and Effectiveness of co-CEOs鈥�, 2011.