International Journal of Finance and Accounting

International Journal of Finance and Accounting is a refereed Journal dedicated to publish empirical research that tests, extends, or builds Finance and Accounting theory and contributes to practice. The journal publishes high quality research papers in accounting, finance and their interface. All empirical methods – including, but not limited to, qualitative, quantitative, laboratory, and combination methods – are welcome.

Gianluca Mattarocci

Editorial Board Member of International Journal of Finance and Accounting

Lecturer, University of Rome "Tor Vergata", Italy

Research Areas

Credit Risk Management - Real Estate Finance - Corporate Finance

Education

2006Ph.DBanking and Finance, University of Teramo, Faculty of Political Sciences
2002 Master Asset Management, University of Rome "Tor Vergata", Faculty of Economics
2001BachelorEconomics of financial institutions and markets, University of Rome "Tor Vergata", Faculty of Economics

Experience

2006-2007Professor of Economics and Management of Financial Intermediaries at the University of Teramo, Faculty of Political Sciences
2006Assistant professor of Economics and Management of Financial Intermediaries at the University of Rome "Tor Vergata", Faculty of Economics
2005-2006Research activity at the Sefemeq Department of the University of Rome "Tor Vergata", Faculty of Economics
2005-2006Professor of Asset Management at the University of Teramo, Faculty of Political Sciences

Academic Achievement

Outstanding Research Award
IPD Prize for the Best Paper on Direct Property Investment
IPD Prize for the Best Paper on Direct Property Investment
Distinguished Research Award-Academy of Banking Studies Journal
Targa ADEIMF-Best publication for 2007-2008
Distinguished Research Award-Academy of Banking Studies Journal
Highly Commended Award of the 2008/2009 Emerald/EMRBI Business Research Award for
Young ResearchersOutstanding Research Award and Best Paper in Session Award
Distinguished Research Award-Academy of Banking Studies Journal
Distinguished Research Award-Academy of Accounting and Financial Studies
ERES Awards 2010-Journal of Property Investment & Finance Prize

Membership

Member of the Ph.D. committee in Banking and Finance-University of Rome "Tor Vergata" from 2008
Member of the editorial review board of the Academy of Banking Studies Journal from 2009
Member of the scientific committee of the laboratory on Real Estate Finance created by the PhD in Banking and Finance-University of Rome "Tor Vergata" from 2010

Publications: Conferences/Workshops/Symposiums/Journals/Books

[1]  Mattarocci G. (2003) "Le anomalie di calendario: rassegna della letteratura ed evidenze empiriche dal mercato azionario italiano", Credito Popolare, vol. 10, issue 4, pp. 661-700.
[2]  Mattarocci G. (2005), "Il rapporto tra impresa e agenzie di rating: la soluzione del multi-rating", Newfin working paper, Milan.
[3]  Mattarocci G. (2005) "Le anomalie di calendario del mercato azionario: una rassegna della letteratura", in Carretta A., Mori M., Porzio C. and Schwizer P. (ed), Prospettive di ricerca in banca e finanza, Denaro libri, Naples.
[4]  Gibilaro L. and Mattarocci G. (2006), La selezione del tasso di attualizzazione nella stima della Loss Given Default, Newfin working paper, Milan.
[5]  Mattarocci G. (2006), "L' impatto dei Credit Register sul mercato del credito evidenze dal mercato europeo", in Carretta A., Filotto U. and Fiordelisi F., Informazione e governo del rischio di credito, Franco Angeli, Milan.
[6]  Schwizer P. and Mattarocci G. (2006), Managing factoring in banking groups, CREDIFACT Discussion paper n° 1/2006, Milan.
[7]  Giannotti C. and Mattarocci G. (2006), "La costruzione di un portafoglio immobiliare e i criteri di diversificazione", in Giannotti C. (ed), La gestione del fondo immobiliare: rischio, diversificazione e pianificazione, EGEA, Milan.
[8]  Giannotti C. and Mattarocci G. (2006), "I fondi immobiliari: tipologie, disciplina e leva finanziaria", in Cacciamani C. (ed), Real estate: manuale di economia e finanza immobiliare, EGEA, Milan.
[9]  Mattarocci G. (2006), "I limiti del processo di standardizzazione nel mercato dei Credit Bureaux", in AA.VV., I processi di standardizzazione in azienda. Aspetti istituzionali, organizzativi, manageriali, finanziari e contabili. Atti del X Convegno nazionale di Aidea Giovani Dipartimento di Studi Aziendali Università degli studi di Napoli Parthenope 17-18 marzo 2005, Franco Angeli, Milan.
[10]  Gibilaro L. and Mattarocci G. (2006), L'influenza della concentrazione sulla disponibilità del credito alle imprese: un confronto fra crediti commerciali e crediti finanziari, CREDIFACT Discussion paper n° 2/2006, Milan.
[11]  Schwizer P. and Mattarocci G. (2006), "La rilevanza dei modelli istituzionali e dell'assetto organizzativo nel factoring", in Munari L. (ed), "Attualità e prospettive negli studi di Economia dei Mercati e degli Intermediari Finanziari", MUP, Parma.
[12]  Mattarocci G. (2007), "La valutazione dei titoli obbligazionari" in Leonelli L. and Nicolini G. (2007), Economia del mercato mobiliare, TEXMAT, Rome.
[13]  Gibilaro L. and Mattarocci G. (2007), "The selection of the discount rate in estimating the Loss Given Default", Global Journal of Business Research, vol. 1, issue 2, pp. 15-35.
[14]  Carretta A. and Mattarocci G. (2008), "Fund of funds' portfolio composition and its impact on performance: evidence from the Italian market" in Carretta A., Fiordelisi F. and Mattarocci G. (2008) (eds), New drivers of performance in a changing financial world, Palgrave MacMillan, Houndmills.
[15]  Carretta A. and Mattarocci G. (2008), La valutazione delle riviste scientifiche: proprietà, limiti e condizioni di efficacia delle metodologie di classificazione, Bancaria, vol. 64, issue 5, pp. 78-87.
[16]  Carretta A. and Mattarocci G. (2008), La valutazione delle riviste scientifiche: proprietà, limiti e condizioni di efficacia delle metodologie di classificazione, Banking & Finance Lab-B&F Lab, vol. 2 , issue 1.
[17]  Carretta A., Fiordelisi F. and Mattarocci G. (2008) (eds), New drivers of performance in a changing financial world, Palgrave MacMillan, Houndmills.
[18]  Carretta A. and Mattarocci G. (2008), "Performance evaluation of hedge funds: a comparison of different approaches" in Carretta A., Fiordelisi F. and Mattarocci G. (2008) (eds), New drivers of performance in a changing financial world, Palgrave MacMillan, Houndmills.
[19]  Giannotti C. and Mattarocci G. (2008), "Real estate selection and portfolio construction model: data analysis from the Italian market" in Carretta A., Fiordelisi F. and Mattarocci G. (2008) (eds), New drivers of performance in a changing financial world, Palgrave MacMillan, Houndmills.
[20]  Giannotti C. and Mattarocci G. (2008), "I fondi immobiliari: tipologie, disciplina e leva finanziaria", in Cacciamani C. (ed), Real estate: manuale di economia e finanza immobiliare, EGEA, Milan.
[21]  Giannotti C. and Mattarocci G. (2008), "Risk diversification in a real estate portfolio: evidence from Italian market", Journal of European Real Estate Research, vol. 1, n. 3, pp. 214-234.
[22]  Mattarocci G. (2008), "Le fonti informative disponibili per la valutazione del merito creditizio delle PMI" in Nadotti L. (ed), Le imprese dell'Appennino Centrale nella prospettiva di Basilea 2, Franco Angeli, Milano.
[23]  Mattarocci G. (2008) "Market characteristics and chaos dynamics; an international comparison" in Carretta A., Fiordelisi F. and Mattarocci G. (2008) (eds), New drivers of performance in a changing financial world, Palgrave MacMilliam, Houndmills.
[24]  Carretta A. and Mattarocci G. (2009), "Evaluating scientific journals: properties, limits and conditions of effectiveness of classification methodologies", Journal of Economics and Economic Education Research, vol. 10, n. 2, pp. 95-122.
[25]  Giannotti C. and Mattarocci G. (2009), "How to evaluate risk for Italian real estate funds", Journal of European Real Estate Research, vol. 2, n. 2, pp. 132-150.
[26]  Gibilaro L. and Mattarocci G. (2009), "Characteristics of the recovery process for small financial intermediaries: the case of Italian cooperative banks", Academy of Banking Studies Journal, vol. 8, n. 2, pp. 75-94.
[27]  Gibilaro L. and Mattarocci G. (2009), "Concentration in lending: commercial vs financial credits", Academy of Banking Studies Journal, vol. 8, n. 1, pp. 39-60.
[28]  Gibilaro L. and Mattarocci G. (2009), "L'influenza della concentrazione sulla disponibilità del credito alle imprese: un confronto tra crediti commerciali e crediti finanziari" in Carretta A. (ed), Factoring: regolamentazione, mercato e gestione, Uniservice Editrice, Milan.
[29]  Gibilaro L. and Mattarocci G. (2009), "Rating groups vs rating of group members: evidence from the Italian financial market", Journal of Finance and Accountancy, vol. 2, pp. 54-71.
[30]  Giannotti C. and Mattarocci G. (2009), "Il rischio dei flussi finanziari legati all'investimento immobiliare: evidenze empiriche dal mercato italiano", Bancaria, n. 10, pp. 47-63.
[31]  Giannotti C. and Mattarocci G. (2009), "La struttura finanziaria del fondi immobiliari italiani: principi, caratteristiche ed evidenze empiriche" in Comana M. and Brogi M. (eds), Banca, mercati e risparmio-Scritti in onore di Tancredi Bianchi vol. 3, Bancaria Editrice, Rome.
[32]  Giannotti C. and Mattarocci G. (2010), "I fondi immobiliari: tipologie, leva finanziaria e profili di rendimento e rischio", in Cafferata R. (ed), Appunti di management immobiliare, TEXMAT, Rome.
[33]  Giannotti C. e Mattarocci G. (2010), "Il rischio del portafoglio immobiliare: volatilità dei flussi finanziari e variabili rilevanti" in Giannotti C. (ed), Il risk management dei fondi immobiliari. Analisi, valutazione e cultura della compliance, Bancaria Editrice, Rome.
[34]  Giannotti C. and Mattarocci G. (2010), "La gestione finanziaria dei fondi ad apporto", in Cacciamani C. (ed), Fondi immobiliari ad apporto specializzato, EGEA, Milano.
[35]  Giannotti C., Mattarocci G. and Spinelli L. (2010), "The relative importance of sector and regional factors in the hotel industry: evidence from Italian market", Journal of Property Investment & Finance, vol. 28, n. 3, pp. 162-180.
[36]  Gibilaro L. and Mattarocci G. (2010), "Il costo del recupero del credito e i tempi di rivalsa", in Filotto U. and Caratelli M. (eds), Cessione del quinto, nuove opportunità? Brasile, India, Cina e l'esperienza italiana, Bancaria Editrice, Rome.
[37]  Gibilaro L. and Mattarocci G. (2010), "Le variabili predittive della posizione netta in credito commerciale: evidenze empiriche per le imprese italiane", CREDIFACT Discussion paper n° 1/2010, Milano.
[38]  Gibilaro L. e Mattarocci G. (2010), "Predictors of net trade credit exposure: evidence from the Italian market", International Journal of Business and Finance Research, vol. 4, n. 4, pp. 103-119.
[39]  Mattarocci G. (2010), "La domanda di credito alle famiglie", in Filotto U. and Caratelli M. (eds), Cessione del quinto, nuove opportunità? Brasile, India, Cina e l'esperienza italiana, Bancaria Editrice, Rome.
[40]  Mattarocci G. (2010), "La valutazione dei titoli obbligazionari" in Leonelli L. and Nicolini G. (eds), Economia del mercato mobiliare, EIF-e.book.
[41]  Mattarocci G. (2010), "Le caratteristiche degli immobili e i fattori di rischio dell'investimento" in Giannotti C. (ed), Il risk management dei fondi immobiliari. Analisi, valutazione e cultura della compliance, Bancaria Editrice, Rome.
[42]  Giannotti C., Gibilaro L. e Mattarocci G. (2011), "Liquidity risk exposure for specialized and unspecialized real estate banks: evidences from the Italian market", Journal of Property, Investment & Finance, vol. 29, n. 2, pp. 98-114.
[43]  Giannotti C., Mattarocci G. e Spinelli L. (2011), "The role of portfolio diversification in the hotel industry: evidence from the Italian market", Euromed Journal of Business Research, vol. 6, n. 1, pp. 24-45.
[44]  Gibilaro L. e Mattarocci G. (2011), "Interaction between trade credit and debt: Evidence from the Italian market", International Business & Economics Research Journal, vol. 10, n. 3, pp. 103-112.
[45]  Gibilaro L. e Mattarocci G. (2011), "Measuring customers' portfolio concentration for rating agencies. Evidence from Fitch, Moody's and S&P", International Journal of Bank Marketing, vol. 29, n. 4, pp. 333-356.
[46]  Gibilaro L. e Mattarocci G. (2011), "Pricing policies and customers' portfolio concentration for rating agencies: evidence from Fitch, Moody's and S&P", Academy of Banking Studies Journal, vol 10, n. 1, pp. 23-52.
[47]  Gibilaro L. e Mattarocci G. (2011), "The impact of discount rate choice in estimating the workout LGD", Journal of Applied Business Research, vol. 27, n. 2, pp. 139-148.
[48]  Mattarocci G. (2011), "Multi-rating choice determinants: evidence from Fitch, Moody's and Standard and Poor's ratings", Academy of Banking Studies Journal, vol.10, n. 2, pp. 9-22.
[49]  Mattarocci G. e Sampagnaro G. (2011), "Financial crisis and short selling: do regulatory bans really work? evidence from the Italian market", Academy of Accounting and Financial Studies Journal, vol. 15, n. 4, pp. 115-140.
[50]  Mattarocci G., "I limiti del processo di standardizzazione nel mercato dei Credit Bureaux", Convegno AIDEA Giovani "I processi di standardizzazione in azienda", Naples (Italy) 17/18-03-2005.
[51]  Mattarocci G., "The role of multi-rating in the world market", EURAM 2005, Munich (Deutschland) 4/5-06-2005.
[52]  Carretta A. and Mattarocci G., "The performance evaluation of hedge funds: a comparison of different approaches", ISF 2005, San Antonio (USA) 12/15-06-2005.
[53]  Mattarocci G., "La valutazione dei titoli obbligazionari emessi dagli enti locali", Convegno AIDEA Giovani L'innovazione nella Pubblica Amministrazione. Teoria e Prassi, University of Rome "Tor Vergata", Rome (Italy) 15-07-2005.
[54]  Carretta A. and Mattarocci G., The performance evaluation of hedge funds: a comparison of different approaches, XIV International "Tor Vergata" Conference on Banking and Finance, University of Rome "Tor Vergata", Rome (Italy) 5/7-12-2005.
[55]  Mattarocci G., "L' impatto dei Credit Registers sul mercato del credito: evidenze dal mercato europeo", Workshop Research trends in Banking & Finance, Naples (Italy) 30-05-2006.
[56]  Schwizer P. and Mattarocci G., "La rilevanza dei modelli istituzionali e dell'assetto organizzativo nel factoring", Attualità e Prospettive negli Studi di Economia dei Mercati e degli Intermediari Finanziari, Parma (Italy) 4-11-2005.
[57]  Mattarocci G., "Market characteristics and chaos dynamics in stock markets: an international comparison", ISF 2006, Santander (Spain) 11/14-06-2006.
[58]  Gibilaro L. and Mattarocci G., "The selection of discount rate in estimating Loss Given Default", Global Conference on Business and Finance 2007, San Jose (Costa Rica) 23/27-05-2007.
[59]  Gibilaro L. and Mattarocci G., "Concentration in lending: commercial vs. financial credits", Small business banking and financing: a global perspective", Cagliari (Italy) 25/26-05-2007.
[60]  Gibilaro L. and Mattarocci G., "La selezione del tasso di attualizzazione nella stima della Loss Given Default: un'applicazione al mercato italiano", Convegno ADEIMF 2007, Lecce (Italy) 15/16-06-2007.
[61]  Giannotti C. and Mattarocci G., "Risk diversification in a real estate portfolio: evidence from the Italian market", European Real Estate Society- 2007 annual conference, London (UK) 27/30-06-2007.
[62]  Giannotti C. and Mattarocci G., "Risk diversification in a real estate portfolio: evidence from Italian market", REIW Global Opportunities 2007, New York (USA) 31-10/2-11-2007.
[63]  Giannotti C. and Mattarocci G., "Risk diversification in a real estate portfolio: evidence from Italian market", REIW Nordic conference 2007, Stockholm (Sweden) 27/29-11-2007.
[64]  Gibilaro L. and Mattarocci G., "Le specificità del processo del recupero per gli intermediari finanziari di piccole dimensioni: il caso delle Banche di Credito Cooperativo", Convegno AIDEA giovani 2008, Palermo (Italy) 29/30-05-2008.
[65]  Gibilaro L. and Mattarocci G., "La relazione tra i rating del gruppo e dei membri del gruppo: evidenze empiriche dal sistema finanziario italiano", Convegno ADEIMF 2008, Capri (Italy) 12/13-06-2008.
[66]  Giannotti C. and Mattarocci G., "How to evaluate risk for Italian real estate funds", European Real Estate Society- 2008 annual conference, Krakow (Poland) 18/21-06-2008.
[67]  Carretta A. and Mattarocci G., "Evaluating scientific journals: properties, limits and conditions of effectiveness of classification methodology", Allied Academies Fall 2008 International Conference, Reno (USA) 15-17/10/2008.
[68]  Gibilaro L. and Mattarocci G., "Characteristics of the recovery process for small financial intermediaries: the case of Italian cooperative banks", Allied Academies Fall 2008 International Conference, Reno (USA) 15/17-10-2008.
[69]  Giannotti C. and Mattarocci G., "How to evaluate risk for Italian real estate funds", XVII International "Tor Vergata" Conference on Banking and Finance, Rome (Italy) 3/5-12-2008.
[70]  Gibilaro L. and Mattarocci G., "Rating groups vs. rating group members: evidence from the Italian financial market", 21st Australasian conference on Banking and Finance, Sidney (Australia) 16/18-12-2008.
[71]  Mattarocci G., "Multi-rating dynamics in the world market: evidence from Fitch, Moody's and S&P ratings", Allied Academies Spring 2009 International Conference, New Orleans (USA) 08/10-04-2009.
[72]  Gibilaro L. and Mattarocci G., "Politiche di pricing e indipendenza economica delle ECAI", Convegno ADEIMF 2009, Palermo (Italy) 12/13-06-2009.
[73]  Mattarocci G. and Sampagnaro G., "The efficacy of short selling restrictions: evidences from Italy in post-Lehman turmoil", International Risk Management Conference 2009, Venice (Italy), 22/24-06-2009.
[74]  Giannotti C., Mattarocci G. and Spinelli L., "Are portfolio diversification criteria useful for hotel investments: evidence from Italian market", European Real Estate Society- 2009 annual conference, Stockholm (Sweden) 24/27-06-2009.
[75]  Giannotti C., Mattarocci G. and Spinelli L., "Are portfolio diversification criteria useful for hotel investments: evidence from Italian market", 2009 Annual Meeting of the European Association of University Teachers in Banking and Finance, Rome (Italy) 2/4-09-2009.
[76]  Gibilaro L. and Mattarocci G., "Pricing policies and economic independence of ECAIs. Evidence from Fitch, Moody's and S&P", Allied Academies Fall 2009 International Conference, Las Vegas (USA) 14/16-10-2009.
[77]  Giannotti C., Mattarocci G. and Spinelli L., "The role of portfolio diversification in the hotel industry: evidence from the Italian market", 2nd EuroMed Conference of the EuroMed Academy of Business, Salerno (Italy), 26-29/10/2009.
[78]  Giannotti C., Mattarocci G. and Spinelli L., "The relative importance of sector and regional factors in the hotel industry: Evidence from Italian market, "XVIII International"Tor Vergata" Conference on Money, Banking and Finance, Rome 2/4-12-2009.
[79]  Darcy S., Mattarocci G. and Perlingeiro B., "An analysis of Brazilian residential real estate market: evidence from Sao Paulo, "XVIII International"Tor Vergata" Conference on Money, Banking and Finance, Rome 2/4-12-2009.
[80]  Gibilaro L. and Mattarocci G., "The relationship between pricing policies and measures of economic independence of ECAIs: evidence from Fitch, Moody's and S&P", 22nd Australasian conference on Banking and Finance, Sidney (Australia) 16/18-12-2009.
[81]  Gibilaro L. and Mattarocci G., "What does predict the firm's net trade credit position? Evidence from the Italian market", Global Conference on Business and Finance 2009, Kailua-Kona (Haway) 03/06-01-2010.
[82]  Mattarocci G., "Multi-rating choice determinants: evidence from Fitch, Moody's and Standard and Poor's ratings", Allied Academies Spring 2010 International Conference, New Orleans (USA) 14/16-10-2010.
[83]  Gibilaro L. and Mattarocci G., "Predictors of net trade credit exposure: evidence from the Italian market", EURAM 2010, Rome 19/22-05-2010.
[84]  Mattarocci G. and Siligardos G., "Tourism in Greece: Main characteristics in foreign and internal demand", 9th Special Conference of HELORS, Agios Nikolaos (Greece) 27/29-05-2010.
[85]  Biasin M., Giannotti C., Mattarocci G. and Siligardos G., "Income return vs capital gain for retail real estate investment funds: Evidence from the Italian market", European Real Estate Society- 2010 annual conference, Milan 23/26-06-2010.
[86]  Giannotti C. and Mattarocci G., "The role of risk measures' choices in ranking real estate funds: evidence from the Italian market", European Real Estate Society- 2010 annual conference, Milan 23/26-06-2010.
[87]  Giannotti C., Gibilaro L. and Mattarocci G., "Liquidity risk exposure for specialized and unspecialized real estate banks: evidences from the Italian market, European Real Estate Society- 2010 annual conference, Milano 23/26-06-2010.
[88]  Mattarocci G. and Siligardos G., "The relevance of real estate market trends for Investment property funds asset allocation: evidence from France, Germany, Italy and United Kingdom", European Real Estate Society- 2010 annual conference, Milan 23/26-06-2010.
[89]  Mattarocci G. and Sampagnaro G., "Financial crisis and short selling: do regulatory bans really work? evidence from the Italian market", Allied Academies Summer 2010 International Conference, 19/30-07-2010.
[90]  Mattarocci G. and Siligardos G., "The relevance of real estate market trends for Investment property funds asset allocation: Evidence from France, Germany, Italy and United Kingdom", 5th Annual International Symposium on Economic Theory, Policy and Applications, Athens (Greece), 26/29-07-2010.
[91]  Giannotti C., Gibilaro L. e Mattarocci G., "Liquidity risk exposure for specialized and unspecialized real estate banks: evidences from the Italian market, XIX International, Tor Vergata" Conference on Money, Banking and Finance, Rome 15/17-12-2010.
[92]  Giannotti C. and Mattarocci G., "The role of risk measures choice in ranking real estate funds: evidence from the Italian market, XIX International "Tor Vergata" Conference on Money, Banking and Finance, Rome 15/17-12-2010.
[93]  Gibilaro L. and Mattarocci G., "Interaction between trade credit and debt: Evidence from the Italian market", 2011 Maui International Business & Economics Conference, Maui (USA), 03/05-01-2011.
[94]  Gibilaro L. and Mattarocci G., "The impact of discount rate choice in estimating the workout LGD", 2011 Maui International Business & Economics Conference, Maui (USA), 03/05-01-2011.
[95]  Gibilaro L. e Mattarocci G., "L'interazione tra la politica di credito e il debito commerciale nelle imprese italiane", Convegno banche, mercati e territorio… ricordando Sergio Corallini, Terni, 10-05-2011.
[96]  Giannotti C. e Mattarocci G., "The role of risk measures choice in ranking real estate funds evidence from REIT", European Real Estate Society- 2011 annual conference, Eindhoven (Olanda) 16/18-06-2011.
[97]  Gibilaro L. e Mattarocci G., "The impact of discount rate choice in estimating the workout LGD", European Financial Management Association- 2011 Annual Meeting, Braga (Portugal), 22/25-06-2011.
[98]  Gibilaro L. e Mattarocci G., "Does group affiliation affect the interbank market exposure? Evidence from main European banking groups", IFABS 2011-2011 International Finance and Banking Society conference, Rome, 30-06/02-07-2011.