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Matteo  Arena
Matteo ArenaMarquette University

Straz Hall, 303C

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 governance
  • International corporate finance
  • Corporate cash holdings 

Selected Publications

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.

Firm Location and Corporate Debt
      with Michaël Dewally
Journal of Banking and Finance, Vol.36, 2012, pp. 1079-1092.

The Effect of Taxes on Multinational Debt Location
      with Andrew H. Roper
      Journal of Corporate Finance, Vol. 16, 2010, pp. 637-654.

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