Biografia
Victor Barros is an Associate Professor of Finance at ISEG - Lisbon School of Economics and Management of Universidade de Lisboa. He holds a PhD in Management (2016) with a specialization in finance and a Masters in Finance (2011), both from ISEG - Lisbon School of Economics and Management of Universidade de Lisboa. He attended executive courses at international institutions (Columbia Business School; Harvard Business School; NYU Stern School of Business; IPCG - Portuguese Institute of Corporate Governance; West Virginia University) as well as academic courses (ESADE Business School; University of Bern; WHU – Otto Beisheim School of Management; Wayne State University; Tilburg University).
In 2019, he became a CFA® charterholder issued by the CFA Institute, USA, and has been a Portuguese Certified Accountant since 2011.
Educação
2023 | Executive course on ‘Sustainable Investing’ Harvard Business School, Harvard University (USA) |
2023 | Executive course on ‘Corporate Governance: Driving Business Value Creation and Growth’ Columbia Business School (USA) |
2022 | Executive course on ‘Advanced Valuation’ New York University (NYU) Stern School of Business (USA) |
2016 | Ph.D. in Management ISEG (Portugal) |
2011 | Mestrado em Finanças ISEG (Portugal) |
Publicações e Citações
Ano | Título / Publicação | Link |
---|---|---|
2024 | ESG performance and firms’ business and geographical diversification: an empirical approach. Journal of Business Research |
|
2023 | Shareholder Activism and Firms’ Performance Research in International Business and Finance |
Ver |
2023 | Drivers of the Tax Effort: Evidence from a Large Panel Comparative Economic Studies |
Ver |
2023 | High-tech firms: Dividend policy in a context of sustainability and technological change Technological Forecasting and Social Change |
Ver |
2023 | Environmental, Social and Governance Scores in Europe: What drives financial performance for larger firms? Economics and Business Letters |
Ver |
2023 | Can Corporate Sustainability Drive Economic Value Added? Evidence from Larger European Firms Journal of Risk and Financial Management |
Ver |
2022 | Corporate taxes and high-quality entrepreneurship Small Business Economics |
Ver |
2022 | Does CEO turnover influence dividend policy? Finance Research Letters |
Ver |
2022 | An alternative valuation of Public Private Partnerships by using the Black Scholes Model: The Portuguese highway case Global Business and Economics Review |
Ver |
2022 | M&A activity as a driver for better ESG performance Technological Forecasting and Social Change |
Ver |
2022 | Are more sustainable firms able to operate with lower working capital requirements? Finance Research Letters |
Ver |
2022 | Political elections uncertainty and earnings management: Does firm size really matter? Economics Letters |
Ver |
2022 | Sustainability Performance and the Cost of Capital International Journal of Financial Studies |
Ver |
2022 | Commodities and portfolio diversification: Myth or fact? Quarterly Review of Economics and Finance |
Ver |
2021 | Do managers increase tax disclosure when corporate tax avoidance is high? International Journal of Accounting Auditing and Performance Evaluation (IJAAPE) |
Ver |
2021 | Do activist shareholders influence a manager’s decisions on a firm’s dividend policy: A mixed-method study Journal of Business Research |
Ver |
2021 | Does Privatisation Affect Industries and Firms’ Capital Structure in Europe? Journal of Governance and Regulation |
Ver |
2021 | Are more sustainable firms able to operate with lower working capital requirements? Finance Research Letters |
Ver |
2021 | Is taxation being effectively used to promote public transport in Europe? Transport Policy |
Ver |
2020 | Board Meeting Attendance and Corporate Tax Avoidance: Evidence from the UK Business Perspectives and Research |
Ver |
2020 | What firm's characteristics drive the dividend policy? A mixed method study on the Euronext Stock Exchange Journal of Business Research |
Ver |
2020 | Market reaction following the award of highway concessions: market surprise or positive anticipation? Case Studies on Transport Policy |
Ver |
2020 | Does ESG Affect the Stability of Dividend Policies? Sustainability |
Ver |
2019 | Can Green Taxation Trigger Plug-In Hybrid Electric Vehicle Acquisition? EuroMed Journal of Business |
Ver |
2018 | Corporate Tax Avoidance and Profitability Followed by Mergers and Acquisitions Corporate Ownership & Control |
|
2018 | “The Determinants of Dividend Policy in Euronext 100" Corporate Ownership & Control |
|
2018 | Corporate Governance and Company Performance: Exploring the Challenging Issues Corporate Governance and Organizational Behavior Review |
Ver |
2017 | Corporate Tax Avoidance and Ex Ante Equity Cost of Capital in Europe European Journal of Management Studies |
Ano | Título / Publicação | Link |
---|---|---|
2023 | ESG Performance and Business Diversification: An Empirical Approach |
|
2022 | High-tech” firms: dividend policy in a context of sustainability and technological change |
|
2021 | Tax Avoidance and corporate financing in a ESG setting European Journal of Management Studies |
Ver |
2021 | M&A activity as a driver for better ESG performance |
Ver |
2020 | Do Shareholders Activists influence manager´s decisions on firm’s dividend policy: a mixed-method study |
|
2020 | Does CEO Turnover influence the dividend policy? |
Ver |
2020 | Corporate taxes and high-quality entrepreneurship: Evidence from a tax reform |
|
2018 | Does Privatization affect firm’s capital structure in Europe? |
|
2018 | The Determinants of Dividend Policy in Euronext 100 |
|
2018 | Can green taxation trigger plug-in hybrid electric acquisition? |
|
2018 | Does Privatisation Affect Industries and Firms’ Capital Structure in Europe? |
|
2017 | Corporate Tax Avoidance and Performance Followed by Mergers and Acquisitions |
|
2017 | Can Corporate tax reforms foster entrepreneurial activity? Evidence from Portugal |
|
2017 | Can Corporate tax reforms foster entrepreneurial activity? Evidence from Portugal |
|
2014 | Can Corporate Tax Reforms Foster Entrepreneurial Activity? Evidence from Portugal |
Ver |
Ano | Título / Publicação | Link |
---|---|---|
2023 | ESG Performance and Business Diversification: An Empirical Approach ACIEK Conference |
|
2022 | High-tech” firms: dividend policy in a context of sustainability and technological change ACIEK Conference |
|
2021 | M&A activity as a driver for better ESG performance ACIEK Conference |
Ver |
2021 | Do Activist Shareholders Really Increase Firm Performance? Portuguese Finance Network |
Ver |
2021 | Tax Avoidance and corporate financing in a ESG setting Portuguese Finance Network |
Ver |
2021 | Shareholder Activism and Firms’ Performance EFMA - European Financial Management Association |
Ver |
2020 | Determinants of capital ratios in European banks after the sovereign crisis 13th Annual EMAB Conference |
Ver |
2020 | Corporate Taxes and High-Quality Entrepreneurship: Evidence from a Tax Reform 80th Annual Meeting of the Academy of Management |
Ver |
2020 | Do Shareholders Activists influence manager´s decisions on firm’s dividend policy: a mixed-method study ACIEK Conference |
Ver |
2020 | Does CEO turnover influence the dividend policy? International Conference on “Corporate Governance: Examining Key Challenges and Perspectives” |
Ver |
2020 | Corporate taxes and high-quality entrepreneurship: Evidence from a tax reform Academy of Management Annual Meeting Proceedings |
Ver |
2019 | Corporate social responsibility and limits for corporate tax avoidance Corporate Governance: Search for the Advanced Practices |
|
2018 | Does Privatisation Affect Industries and Firms’ Capital Structure in Europe? 3rd CSG Research Forum |
Ver |
Ano | Título / Publicação | Link |
---|---|---|
2021 | Determinantes da Eficiência do IVA na União Europeia Editora Almedina |
Ensino
Semester | Curso | Graduação | Coordenação |
---|---|---|---|
1º | Advanced Corporate Finance | Licenciatura Bolonha em Finance - Finance, Licenciatura Bolonha em Economics - Economics | No |
1º | Corporate Finance II | Licenciatura Bolonha em Management - Management, Licenciatura Bolonha em Economics - Economics | No |
2º | Finanças para Gestão de Recursos Humanos | Mestrado Bolonha em Gestão de Recursos Humanos - Gestão de Recursos Humanos, Mestrado Bolonha em Management - Management | Yes |
1º | Equity Research | Mestrado Bolonha em Finanças - Finance | Yes |
1º | Databases in Finance | Mestrado Bolonha em Finanças - Finance | Yes |
Ano | Aluno / Título / Instituição | Tipo | Link |
---|---|---|---|
2022/2023 | FRANCISCO MANUEL PATRICIO GONÇALVES Socializing Through Food – An Approach to Improving Iseg Canteen And Fostering Community |
Master | Ver |
2022/2023 | ANDRÉ ALBUQUERQUE CARVALHO PIMENTA Food Ecosystem: Enhancing the Food Experience at ISEG Campus Instituto Superior de Economia e Gestão |
Master | Ver |
2022/2023 | JOÃO PEDRO PALHAVÃ DE ALMEIDA ANDRADE MARTINS Informal Learning Café - A Working Model For Understanding Key Connections Between Food And Learning Instituto Superior de Economia e Gestão |
Master | Ver |
2022/2023 | MARGARIDA MARTINS VALENTE Unveiling the Drivers of Analyst Coverage: The Role of the Head of Investor Relations Instituto Superior de Economia e Gestão |
Master | Ver |
2022/2023 | MELISSA LOPES SILVA Corporate Governance and Financial Health: Evidence from Canada Instituto Superior de Economia e Gestão |
Master | Ver |
2022/2023 | CATARINA BORGES PINHO Sustainable and ethical issues in the decision making of finance professionals Instituto Superior de Economia e Gestão |
Master | Ver |
2022/2023 | DAVID FILIPE DE SOUSA TITA Equity Research Jerónimo Martins SGPS, SA: Pricing Discount for Limited Liquidity in the Food Retail Industry Instituto Superior de Economia e Gestão |
Master | Ver |
2022/2023 | BEATRIZ LOBATO CALVÁRIO Equity Research Jerónimo Martins SGPS S.A.: Alternative Methods to the CAPM Instituto Superior de Economia e Gestão |
Master | Ver |
2022/2023 | GONÇALO ALEXANDRE SIMÃO DIAS Equity Research Jerónimo Martins SGPS SA: Using the Expected Effect of the Macroeconomic Indicators Instituto Superior de Economia e Gestão |
Master | Ver |
2022/2023 | JAKOV PAVLOVIKJ LATAS Equity Research Jerónimo Martins: introducing an alternative approach to the capital structure puzzle |
Master | Ver |
2021/2022 | LAURENCE GEORG BEYER Assessing factors affecting Cross-border M&A versus Greenfield FDI: a Cross Country Analysis Instituto Superior de Economia e Gestão |
Master | Ver |
2021/2022 | EDOARDO MARINO SPACs: performance analysis on a constantly evolving trend Instituto Superior de Economia e Gestão |
Master | Ver |
2021/2022 | LI PEI Equity Research: NH Hotel Group, S.A. Instituto Superior de Economia e Gestão |
Master | Ver |
2021/2022 | JOÃO ANDRÉ ALMEIDA MOTRENA Equity Research EDP Renováveis S.A.: The Value of Financial Flexibility Instituto Superior de Economia e Gestão |
Master | Ver |
2021/2022 | BEATRIZ RIBEIRO DE OLIVEIRA CORREIA Equity Research EDP Renováveis S.A.: The Return and Cost of Tax Equity Agreements Instituto Superior de Economia e Gestão |
Master | Ver |
2021/2022 | ALEXANDRE DANIEL FIALHO SILVA Equity Research EDP Renováveis, S.A.: Australia - Successful (Over)Diversification Instituto Superior de Economia e Gestão |
Master | Ver |
2021/2022 | ANA RITA MACHADO AMORIM Equity Research EDP Renováveis S.A.: Integrating Sustainability Risks into the Valuation Instituto Superior de Economia e Gestão |
Master | Ver |
2021/2022 | RITA ISABEL CORREIA PANÓIAS Equity Research EDP Renováveis S.A.: Hybridization is a Real Option Instituto Superior de Economia e Gestão |
Master | Ver |
2020/2021 | ANTONIO MANUEL FIRMINO CALAPEZ CORREIA Equity Research: ExxonMobil Corporation Instituto Superior de Economia e Gestão |
Master | Ver |
2020/2021 | CAROLINA PORTELA CLEMENTE Board Gender Diversity and Corporate Tax Avoidance in Europe: the Role of ESG Instituto Superior de Economia e Gestão |
Master | Ver |
2020/2021 | ANA MARGARIDA COTRIM CARRASQUEIRA Equity Research Sonae SGPS SA: The Retail Market in the Aftermath of the Covid-19 Pandemic |
Master | Ver |
2020/2021 | ANA MAFALDA BENTO BORRALHO Equity Research Sonae SGPS SA: A Divestment Scenario in Times of Uncertainty |
Master | Ver |
2020/2021 | MAX ERIK PETER RÖMBO Effects of MiFID II: Corporate Governance as a Mitigating Factor for Sell-Side Analysts Coverage |
Master | Ver |
2020/2021 | MARINA SANTOS DIAS Determinants of Zombie firms in the Eurozone |
Master | Ver |
2020/2021 | ENRIQUE QUESADA FONSECA Equity Research Sonae SGPS SA: A Value-at-Risk Assessment |
Master | Ver |
2020/2021 | RODRIGO MIGUEL GONÇALVES MARQUES Equity Research Sonae SGPS SA: Structural Approach to Soane's Probability of Default |
Master | Ver |
2020/2021 | GUILHERME MARTINS DA CONCEIÇÃO FERREIRA E CORGA Equity Research Sonae SGPS SA: Replicating Soane's Portfolio |
Master | Ver |
2020/2021 | MARGARIDA MARTINS VALENTE Head of IR Profile and Analyst's Coverage |
Master | |
2019/2020 | PEDRO DANIEL XAVIER PATEIRO On inside ownership of biddings and M&A premia |
Master | Ver |
2019/2020 | JOÃO CÉSAR GOMES TEIXEIRA Equity Research GALP Energia SGPS SA: ESG Approach to Valuation |
Master | Ver |
2019/2020 | ARTHUR PINHEIRO QUITES Equity Research GALP Energa SGPS SA: Expected Cash Flow Approach |
Master | Ver |
2019/2020 | JOKO SUPRIYANTO Type of earnings management and the effect of auditors' size and dividend threshold: evidence from Portugal |
Master | Ver |
2019/2020 | SÉRGIO RAFAEL DOS SANTOS SOUSA Equity Research: Royal Dutch Shell Plc |
Master | Ver |
2019/2020 | ALEXANDRE DIOGO FIGUEIRA DA SILVA CORREIA ESG performance, tax avoidance and external financing decisions in Europe |
Master | Ver |
2019/2020 | ANA PATRÍCIA DOS SANTOS FERREIRA Equity Research GALP Energia SGPS SA: GALP Competitors and Relative Valuation |
Master | Ver |
2019/2020 | ANA MARGARIDA MACHADO ALPALHÃO Equity Research GALP Energia SGPS SA: Valuation of the Power Business Unit |
Master | Ver |
2019/2020 | ANDRÉ FILIPE ROSEIRO SANTOS Equity Research: Navigator Company SA |
Master | Ver |
2019/2020 | JORGE MANUEL SARROEIRA SANTOS ALVES DE FARIA Equity Research GALP Energia SGPS SA: Mozambique - GALP's Greener Future is a Real Option |
Master | Ver |
2019/2020 | PAULA ALEXANDRA TAPIERO MORENO Equity Research: Stora Enso Oyj |
Master | Ver |
2019/2020 | ANTÓNIO NUNO PINTO DIAS RAIMUNDO Equity Research: Ence Energia y Celulosa SA |
Master | Ver |
2019/2020 | MARIANA VIEIRA DA SILVA Equity Research: UPM-Kymmene Corporation |
Master | Ver |
2018/2019 | EMANUEL ANTÓNIO BARBOSA LOURENÇO Equity Research: Hugo Boss AG |
Master | Ver |
2018/2019 | SÉRGIO RAFAEL DOS SANTOS SOUSA Equity Research: Royal Dutch Shell Plc |
Master | |
2018/2019 | PEDRO MIGUEL NUNES LOURENÇO Equity Research: Total SA |
Master | Ver |
2018/2019 | CAROLINA FILIPA ABREU FREITAS Equity Research Corticeira Amorim SGPS SA: Dividend Policy under Family-Owned Company |
Master | Ver |
2018/2019 | PEDRO DANIEL XAVIER PATEIRO Does Inside Ownership Raise Bid Premiums in M&A Deals? |
Master | |
2018/2019 | GONÇALO ANTUNES MARQUES Equity Research: BP PLC |
Master | Ver |
2018/2019 | ANTONIO MANUEL FIRMINO CALAPEZ CORREIA Equity Research: Exxon Mobil Corp |
Master | |
2018/2019 | JOANA RITA DAVID SANTOS Activist Shareholders: Do They Boost or Hurt Firm?s Performance? |
Master | Ver |
2018/2019 | JOKO SUPRIYANTO Earnings Management and the Dividend Signaling Theory |
Master | |
2018/2019 | ANA FILIPA DA SILVA CARREIRA Equity Research Corticeira Amorim SGPS SA: Automatized Multiples, Reliable or Misleading? |
Master | Ver |
2018/2019 | TOMÁS CABRAL JÚDICE DA COSTA Os Impostos e a Escolha do Meio de Transporte na União Europeia |
Master | Ver |
2018/2019 | ZARKO LJUBENOVIC Equity Research Corticeira Amorim SGPS SA: Vertical and Horizontal Integration |
Master | Ver |
2018/2019 | PEDRO JOSÉ INÁCIO DA COSTA SANTOS Does CEO Turnover Influence Dividend Policy? |
Master | Ver |
2018/2019 | CAROLINA BRANCO ALVES DA SILVA Equity Research: PVH Corp |
Master | Ver |
2018/2019 | FÁBIO DOS SANTOS RUANO Commodities and Portfolio Diversification: Myth or Fact? |
Master | Ver |
2018/2019 | JOANA JETAL CHHOTOBHAI Equity Research Corticeira Amorim SGPS SA: Will the Increase of Temperatures Affect Harvesting Cycles? |
Master | Ver |
2018/2019 | JOANA CATARINA SAMPAIO PINA Equity Research Corticeira Amorim SGPS SA: Green Bonds - Sustainable Finance, But Not For All |
Master | Ver |
2017/2018 | SIMÃO LOURENÇO PEREIRA Equity Research: Ibersol SGPS SA |
Master | Ver |
2017/2018 | PEDRO FILIPE HENRIQUES CAIRES Equity Research: BHP Billiton Limited |
Master | Ver |
2017/2018 | RICARDO JORGE PEDROSO DUARTE Equity Research REN SGPS, S.A.: The Bond Proxy |
Master | Ver |
2017/2018 | JOÃO MIGUEL GONÇALVES DA SILVA Equity Research REN SGPS, S.A.: Growth in LATAM following Electrogas Acquisition |
Master | Ver |
2017/2018 | ANDRÉ FILIPE FERREIRA SANTA MARTA CSR and Corporate Tax Avoidance |
Master | Ver |
2017/2018 | KATHARINE JEAN ZOGLAUER CARDWELL Equity Research Redes Eléctricas Nacionais SGPS SA: Examining DCF Valuation Model Invariance |
Master | Ver |
2017/2018 | JOANA SILVA MENDES Equity Research REN SGPS, S.A.: A Regulation Approach Based on TOTEX |
Master | Ver |
2017/2018 | PEDRO MIGUEL VIEGAS GOMES Equity Research REN SGPS, S.A.: Yield's Double Hedge |
Master | Ver |
2016/2017 | DÉCIO ARLINDO DA CUNHA CHILUMBO Industry Specificities and Debt after Privatization: Evidence from European Firms |
Master | Ver |
2016/2017 | SIMÃO LOURENÇO PEREIRA Equity Research: Ibersol SGPS SA |
Master | |
2016/2017 | RHODA RAQUEL TICHATSCHEK Equity Research: NH Hotel Group SA |
Master | Ver |
2016/2017 | BENEDIKT GRUNDHEBER Equity Research Mota-Engil SGPS SA: Political Uncertainties in LATAM |
Master | Ver |
2016/2017 | VÍTOR MIGUEL DOS SANTOS GERALDES Equity Research: Peugeot SA |
Master | Ver |
2016/2017 | FÁTIMA JÉSSICA ABREU DE FREITAS Equity Research Mota-Engil SGPS SA: Risk of Default in Africa |
Master | Ver |
2016/2017 | PAULO JORGE PEREIRA PEDRO The Effect of Leverage, Liquidity and Analysts on Earnings and Capital Management in Europe |
Master | Ver |
2016/2017 | ANA CATARINA DUARTE AFONSO Determinantes do corporate tax avoidance e da utilização de tax havens |
Master | Ver |
2016/2017 | HUGO MIGUEL MELO DE PÁDUA Can green taxation trigger plug-in hybrid acquisition? |
Master | Ver |
2016/2017 | BRUNO ANTÓNIO GOMES FERNANDES Equity Research Mota-Engil SGPS SA: Upside with EGF's Acquisition |
Master | Ver |
2016/2017 | VLADMIR ADÃO CARLOS Analise da Performance de Fundos de Investimento Mobiliário |
Master | Ver |
2016/2017 | CATARINA MARIA CATARINO TRINDADE Equity Research Mota-Engil SGPS SA: Growth in New Markets in Africa |
Master | Ver |
2016/2017 | RICARDO FILIPE NUNES BOTO Equity Research: Ryanair Holdings Plc |
Master | Ver |
2015/2016 | DANIEL JOSÉ DA SILVA DUARTE Corporate Tax Avoidance followed by Mergers and Acquisitions |
Master | Ver |
2015/2016 | HUGO MIGUEL MELO DE PÁDUA Tratamento fiscal dos ativos biológicos não consumíveis: sua consideração como elemento depreciável do ativo e efeitos no investimento |
Master | |
2015/2016 | GONÇALO FERNANDO ARAÚJO DA SILVA Equity Research: LafargeHolcim Ltd in the aftermath of a mega M&A |
Master | Ver |
2015/2016 | MARY ANNE GARCIA BOLOS Equity Research of Volkswagen: Valuation Amidst of an Emissions Scandal |
Master | Ver |
2015/2016 | IVO SÁ VIEIRA RODRIGUES Plafonds de aplicação da taxa reduzida em IRC e os limites máximos anuais de benefícios na ZFM |
Master | Ver |
2015/2016 | MATILDE MAIA MENDES PULIDO Corporate Tax Avoidance and Ex Ante Equity Cost of Capital in Europe |
Master | Ver |
2015/2016 | JOSÉ PEDRO GOMES MOTA PINTO DE ABREU EQUITY RESEARCH NOVABASE SGPS SA |
Master | Ver |
Experiência Profissional
Nome / Descrição | Data | Organização |
---|---|---|
Associate Professor of Finance |
2024 | ISEG |
Coordinator of the Bachelor in Finance Coordenador de curso |
2023 | ISEG |
Coordinator of the Masters in Finance Coordenador de curso |
2022 | ISEG |
Coordinator of the executive course in Sustainable Finance Coordenador de curso |
2022 | ISEG |
Assistant Professor of Finance, tenure-track |
2020 - 2024 | ISEG |
Visiting Assistant Professor |
2016 - 2020 | ISEG |
Teaching Assistant Professor assistente |
2013 - 2016 | ISEG |