Prof. Fresard earned a PhD in Finance from the University of Neuchatel in 2009. He was an assistant professor of finance at HEC Paris between 2008 and 2011, and an assistant and then a tenured associate professor of finance at the Robert H. Smith School of Business at the University of Maryland between 2011 and 2017 (currently on leave of absence). He is a professor of finance at USI, where he holds a senior Swiss Finance Institute (SFI) chair. His research focuses on corporate finance, and specifically on the interactions between firms, financial markets, and the real economy. His latest research investigates the effect of stock prices on firms’ actions, and the role of the financial sector in the allocation of talents in the economy. His research has been published in the leading finance journals, such as the Journal of Finance, the Journal of Financial Economics, or the Review of Financial Studies. He teaches introductory and advanced corporate finance at the master level, as well as empirical corporate finance at the PhD level.