Faculty profiles

Picture of Julian Franks

Julian Franks

BA (Sheffield) MBA (Columbia) PhD (London)
Professor of Finance; MBA93 Term Chair

Subject area:
Finance
Research activity:
Centre for Corporate Governance

Publications

Work on ownership and control, ‘Ownership: Evolution and Regulation, Review of Financial Studies, (2008), with Colin Mayer and Stefano Rossi, has won two international prizes. Two of his other papers have won best paper awards from the Journal of Financial Intermediation. Other publications include, Returns to Shareholder Activism: Evidence from a Clinical Study of the Hermes UK Focus Fund’, (2009), The Review of Financial Studies and Evolution of Family Capitalism: A Comparative Study of France, Germany, Italy and the UK, Review of Financial Studies (2012) .Underpricing, Ownership and Control in Initial Public Offerings of Equity Securities in the UK (with M J Brennan), Journal of Financial Economics (1997); Hostile Takeovers and the Correction of Managerial Failure (with C Mayer), Journal of Financial Economics (1996); Debt Structure and the Loss of Private Benefits: the Case of the UK Insolvency Code (with K G Nyborg), Review of Financial Studies; A Comparison of Financial Recontracting in Workouts and Chapter 11 Reorganizations (with W Torous), Journal of Financial Economics (1994); Capital Markets and Corporate Control: a Study of France, Germany and the UK (with C Mayer), Economic Policy (1990).

Research interest

Bankruptcy and financial distress, corporate ownership and control and cost of capital and regulation.

Other activities

Advisor to Ofcom; non-executive Director of OXERA. He served as a member of the DTI-Treasury committee for reviewing the UK’s insolvency code and was a member of one of The Company Law Review’s committees on corporate governance. He advised (with Professor Brealey) the Office of Constitutional Affairs on the issue of outside equity for law firms, provided advice to a Treasury committee chaired by Paul Myners on a review of the governance of mutual and more recently was a member of the Breedon Taskforce on non-bank sources of finance for SME companies.

Formerly

Director of Institute of Finance and Accounting; Visiting Associate Professor, Universities of North Carolina and California (Berkeley); Visiting Professor, University of California at Los Angeles.

Contact Details

Email: jfranks@london.edu

tel: +44 (0)20 7000 8261
fax: +44 (0)20 7723 8390

Search for faculty