Antonio Mello

Antonio Mello is the Frank Graner Professor in Finance. His research interests are in corporate finance (risk management, capital structure, and security design), capital markets (arbitrage, manipulation, and crashes), and international trade and finance.

Previosuly, Antonio Mello has taught at MIT-Sloan, Imperial College, London, the Shanghai Advanced Institute of Finance, London Business School and INSEAD.

He was visiting scholar at the European Central Bank, the Federal Reserve Bank of Chicago, and Banco de España.

Mello has held director positions at RiverRock Investors, a commodity trading hedge fund, at investment banks Jefferies and Millennium-BCP, at Finpro, a private equity firm, and was the lead economist at the Central Bank of Portugal.

Mello holds a BSc in civil engineering from the Technical University of Lisbon, an MBA and an MA in economics from Columbia University, and a PhD in finance from the London Business School, University of London.

Selected Published Journal Articles

• Mello, A. & Ma, L. & Wu, Y. (2020). First Mover Advantage, Time to Finance and Cash Holdings Journal of Corporate Finance
• Riddiough, T. & Mello, A. & Riddiough, T. (2018). Real Assets, Collateral, and the Limits of Debt Capacity Real Estate Economics
• Mello, A. & Liu, X. (2017). The Creditor Channel of Liquidity Crises Journal of Money, Credit and Banking
• Huh, S. & Lin, H. & Mello, A. (2015). Options Market Makers’ Hedging and Informed Trading: Theory and Evidence Journal of Financial Markets
• Mello, A. & Parsons, J. (2013). Margins. Liquidity, and the Cost of Hedging Journal of Applied Corporate Finance
• Liu, X. & Mello, A. (2011). The Fragile Capital Structure of Hedge Funds and the Limits to Arbitrage Journal of Financial Economics
• Mello, A. (2008). A Dynamic Analysis of Growth via Acquisitions Review of Finance
• Bhanot, K. & Mello, A. (2006). Should Corporate Debt Include a Rating Trigger? Journal of Financial Economics

Books

• “A Competitividade do Mercado de Acções Português”, Lisbon Stock Exchange, Lisbon, 1996, 190 pages. English title: “The Competitiveness of the Portuguese Stock Market as a Source of Finance for Corporations”.
• “The Portuguese Economy Towards 1992”, Kluwer Academics Publishers, New York, 1992, 253 pages. Editors: João F. Amaral, Diogo Lucena and António S. Mello.
• “Política Económica para as Privatizações em Portugal”, Verbo, Lisbon, 1990, 205 pages. Editors: Diogo Lucena and António S. Mello. English title: “Economic Policy for Privatizations in Portugal”

Graduate Courses

• Seminar-Finance PhD
• Multinational Business Finance
• Corporate Finance Decisions
• Valuation and Corporate Investment Decisions