Employee Profile

Salvatore Miglietta

Associate Professor

Department of Finance

Room number B4Y-085
Phone +4746410657
E-mail salvatore.miglietta@bi.no

Biography

I earned my PhD degree from the University of Southern California in 2010 and joined the BI faculty the same year. My main area of research is corporate finance with particular attention to employee/executive compensation and corporate governance problems. I am also interested in behavioral and experimental economics. To view my papers and a detailed CV visit my Personal Homepage.

Publications

Shows 2 of 2 publication(s)

Article Mike Burkart, Salvatore Miglietta, Charlotte Ostergaard (2023)

Why Do Boards Exist? Governance Design in the Absence of Corporate Law

The Review of financial studies 36(5) p. 1788-1836 Doi: https://doi.org/10.1093/rfs/hhac072

We study under which circumstances firms choose to install boards and their roles in a historical setting in which neither boards nor their duties are mandated by law. Boards arise in firms with large, heterogeneous shareholder bases. We propose that an important role of boards is to mediate between heterogeneous shareholders with divergent interests. Voting restrictions are common and ensure that boards are representative and not captured by large blockholders. Boards are given significant powers to both mediate and monitor management, and these roles are intrinsically linked.

Article Salvatore Miglietta (2014)

Incentives and Relative Wealth Concerns

Quarterly Journal of Finance 4(4) Doi: https://doi.org/10.1142/S201013921450013X

Shows 5 of 25 publication(s)

Conference lecture Janis Berzins, Salvatore Miglietta, Himal Gautam, Leon Bogdan Stacescu (2024)

Academic Degrees
Year	Academic Department	Degree
2010	University of Southern California	Ph.D.
2001	Bocconi University	Master of Science
2000	Bocconi University	B.A.

Work Experience
Year	Employer	Job Title
2012 - Present	BI Norwegian Business School	Associate Professor
2010 - 2012	BI Norwegian Business School	Assistant Professor
2001 - 2003	Unicredit Bank	Associate

Salvatore Miglietta

Biography

Publications

Why Do Boards Exist? Governance Design in the Absence of Corporate Law

Incentives and Relative Wealth Concerns

Family firms and employment

Why do boards exist? Governance design in the absence of corporate law

Why Do Boards Exist? Governance Design in the Absense of Corporate Law

Why Do Boards Exist? Contractual Governance in the Absence of Corporate Law

Why Do Boards Exist? Contractual Governance in the Absence of Corporate Law

Why Do Boards Exist? Contractual Governance in the Absence of Corporate Law

why do boards exist? Governance design in the absence of corporate law

Why do Boards Exist? Governance Design in the Absence of Corporate Law

Why do Boards Exist? Governance Design in the Absence of Corporate Law

Why do Boards Exist? Governance Design in the Absence of Corporate Law

Why Do Boards Exist? Governance Design in the Absence of Corporate Law

Why do Boards Exist? Governance Design in the Absence of Corporate Law

Why do Boards Exist? Governance Design in the Absence of Corporate Law

Why do Boards Exist? Governance Design in the Absence of Corporate Law

Contractual Governance in the Absence of Corporate Law

Why do Boards Exist? Governance Design in the Absence of Corporate Law.

Contractual Governance in the Absence of Corporate Law

Contractual Governance in the Absence of Corporate Law

Contractual Governance in the Absence of Law: Bylaws of Norwegian Firms in the Early 20th Century

Contractual Governance in the Absence of Law: Bylaws of Norwegian Firms in the Early 20th Century

Incentives and Relative-Wealth Concerns

Incentives and Relative-Wealth Concerns

Incentives and Relative-Wealth Concerns: Theory and Evidence

Incentive and Relative-Wealth Concerns: Theory and Evidence

Incentive and Relative-Wealth Concerns: Theory and Evidence