Matteo  Arena
Matteo ArenaMarquette University

O'Brien Hall, 405D

MilwaukeeWI53201United States of America
(414) 288-3369
e-PublicationsCurriculum Vitae

Chair, Department of Finance

Professor of Finance

Dr. Arena’s research in corporate finance is widely published in leading finance journals such as the Review of Financial Studies and the Journal of Financial and Quantitative Analysis, among others, and his work has been featured in national media outlets, including the Wall Street Journal, the Washington Post and NPR Marketplace. Currently, Dr. Arena is examining issues in corporate debt, international corporate finance, corporate governance, and litigation risk.

Dr. Arena, who joined Marquette University in 2006, earned his bachelor’s and master’s degrees in chemistry from the University of Torino in Italy, his MBA from Iowa State University, and his Ph.D. in finance from the University of Missouri. Previously, Dr. Arena worked for Procter & Gamble and as an environmental consultant. During his MBA studies he worked at Ames Laboratory, Iowa State University, where he developed a method to analyze drinking water on the International Space Station, which is still used by NASA astronauts.


  • Ph.D., Finance, University of Missouri – Columbia
  • M.B.A., Iowa State university
  • M.S. / B.S. in Chemistry, University of Torino, Italy 

Professional Interests

  • Corporate debt
  • Corporate litigation
  • Mergers and Acquisitions
  • Corporate governance
  • International corporate finance

Selected Publications

Litigation Risk Management through Payout Policy with Brandon Julio Journal of Financial and Quantitative Analysis, forthcoming.

Territorial Tax System Reform and Corporate Financial Policies with George Kutner Review of Financial Studies, Vol. 28, 2015, pp. 2250-2280.

The Effects of Securities Class Action Litigation on Corporate Liquidity and Investment Policy with Brandon Julio Journal of Financial and Quantitative Analysis, Vol. 50, 2015, pp. 251-275.

Honors and Awards

  • The Financial Review, Outstanding Paper Award, 2011. “It Takes Two: The Incidence and Effectiveness of co-CEOs” was selected as the best paper published by the Financial Review in 2011.
  • CEO Daily Best Recent Article on Leadership and Management (It Takes Two: The Incidence and Effectiveness of co-CEOs), February 2011