08 Dec 2017
LBS professors Francesca Cornelli and Alex Edmans have been named fellows of the European Corporate Governance Institute (ECGI).
Francesca Cornelli is Professor of Finance at London Business School. She is also the Director of Private Equity at LBS. She previously held positions or taught at the Wharton School, the Fuqua School of Business at Duke University, The London School of Economics, the Indian School of Business in Hyderabad and the New Economic School in Moscow. Her interests include corporate governance, private equity, privatisation, bankruptcy, IPOs and innovation policy.
Alex Edmans is Professor of Finance at LBS and Director of the Centre for Corporate Governance. He has published research in all the top academic journals and also written for leading practitioner outlets such as the Financial Times, Wall Street Journal, and Harvard Business Review. He testified in the UK Parliament in their recent Corporate Governance Inquiry and speaks at many practitioner conferences on corporate governance, purpose, and sustainability.
The ECGI, which was founded in 2002, is an international scientific non-profit association. It provides a forum for debate and dialogue between academics, legislators and practitioners, focusing on major corporate governance issues and thereby promoting best practice. Research membership of the ECGI is invitation-only, and most members are given the title of Research Associate. The ECGI awards the title of Fellow to individuals who have demonstrated scientific excellence or other outstanding achievements in the area of corporate governance. Previously appointed fellows include Nobel Laureates Jean Tirole, Oliver Hart and Bengt Holmström. Other notable appointees this year are: John C. Coates, Professor of Law and Economics at Harvard Law School; Professor Renee Adams, Professor of Finance, Commonwealth Bank Chair in Finance, Australian School of Business, University of New South Wales and Professor Eilis Ferran, Professor of Company and Securities Law, University of Cambridge Law Faculty and Centre for Corporate and Commercial Law.
“Good corporate governance helps companies to function more effectively in the long term for the benefit of all stakeholders – not just shareholders, but also employees, customers, and the environment. Becoming a Fellow of the ECGI allows one to join with and contribute to the best of thought leadership in this important sphere,” said Professor Edmans.
“Good corporate governance is core to business performance and the foundation of trust between business and society. I am thrilled to become a fellow of the ECGI,” said Professor Cornelli.
The research work of ECGI fellows and research members that pertains to corporate governance is published in the ECGI Working Paper series. This is available on the website of the European Corporate Governance Institute (ECGI). A full list of ECGI Fellows is also available on the website.