Info
Logo Bocconi

STEFANO GATTI

STEFANO GATTI
Professore Associato
Dipartimento di Finanza

Personal page


Insegnamenti a.a. 2019/2020

10420 REAL ESTATE FINANCE
10571 STRUCTURED AND PROJECT FINANCE
11508 ALTERNATIVE AND REAL ASSETS
11635 CORPORATE FINANCE FOR GREEN BUSINESS
11662 BANKING AND CAPITAL MARKETS
20131 INVESTMENT BANKING
20401 CEMS SEMINARY
20439 STRUCTURED AND PROJECT FINANCE

Insegnamenti a.a. precedenti


Note biografiche

Nato il 14 Ottobre 1967. Laureato in Economia aziendale presso l'Università Bocconi.


Curriculum Accademico

Antin IP Professor of Infrastructure Finance. Past Director del Full time MBA presso la SDA Bocconi. Visiting fellow all'International Finance Corporation, The World Bank Group, Washington DC, March 2000. ITP International Teachers Programme, Manchester Business School, 2003. Vincitore dei Best MBA Teacher Awards della SDA Bocconi negli anni dal 2004 al 2015. Vincitore del Premio per l'eccellenza della didattica negli anni dal 2008 al 2014. Vincitore del Premio per l'eccellenza della ricerca anno 2010, 2011, 2012. Consulente ed esperto accademico di istituzioni pubbliche tra cui il Ministero dell'economia, il Financial Stability Board, il gruppo del G20 e G24, l'OECD.


Aree di interesse scientifico

Investment banking. Valutazioni d'aziende e di risorse immateriali. Benchmarking, Project management.  Project Financing e Public Private Partnerships.


Pubblicazioni



PUBBLICAZIONI SELEZIONATE

Gatti S., Prencipe A. Viarengo L., Enforcement Quality and the Use of Earnouts in M&A Transactions: International Evidence, Journal of Business, Finance and Accounting, forthcoming.

Gatti S., Florio A., Issue spread determinants in the green bond market: The role of second party reviews and of the Green Bond Principles, in Sabri Boubaker, Douglas Cumming and Duc Khuong Nguyen (editors), Research Handbook of Finance and Sustainability, Edward Elgar Publishing, forthcoming.

V. Vecchi, M. Hellowell, R. Della Croce, "Government policies to enhance access to credit for infrastructure - based PPPs: an approach to classification and appraisal" in Public Money & Management - ISSN: 0954-0962, 2017.

R. Della Croce, Gatti S. , "Financing infrastructure – International trends", OECD Financial Market Trends, n.1/2014

Gatti S., "Government and Marked-based Instruments and Incentives to Stimulate Long-term Investment Finance in Infrastructure", OECD  Working Papers on Finance, Insurance and Private Pensions, No. 37, OECD Publishing.

Borgonovo E., Gatti S., "Risk Analysis with Contractual Default. Does Covenant Breach Matter?", in European Journal of Operational Research, vol. 230, n. 2, 2013.

Gatti S., S. Kleimeier, W.L. Megginson, A. Steffanoni, "Arranger Certification in Project Finance" , Financial Management, vol. 42, issue 1, 2013

Buscaino S., Caselli S., Corielli F., Gatti S., "Project Finance Collateralised Debt Obligations: an empirical analysis of spread determinants", in European Financial Management, Volume 18, Issue 5, Novembre 2012.

Gatti S., "Project Finance in Theory and Practice". Second edition, Academic Press-Elsevier, 2012.

Vecchi V., Hellowell M., Gatti S., "Does the private sector receive an excessive return from investments in health care infrastructure projects? Evidence from the UK ", in Health Policy, Elsevier,  vol. 110, n. 2, 2013.

Gatti S. and Caselli S., "Risk Management in Project Finance " in Baker H.K., English P. (editors) Capital budgeting valuation, John Wiley, 2011.

Caselli S., Di Giuli A. and Gatti S., "Are Small Family Firms Financially Sophisticated?", Journal of Banking and Finance, vol.35, issue 11, 2011.

Corielli F., Gatti S ., Steffanoni A., "Risk Shifting through nonfinancial contracts. Effects on loan spreads and capital structure of project finance deals", Journal of money, credit and banking, vol. 42, No. 7, 2010.

Borgonovo E., Gatti S., Peccati L., What Drives Value Creation in Investment Projects? An Application of Sensitivity Analysis to Project Finance Transactions, European Journal of Operational Research, vol. 205, No. 1, 2010.

Caselli S., A. Di Giuli and S. Gatti (forthcoming), "Family Firms’ Performance and Agency Theory. What’s going on from the Italian market?", in Icfai Journal of Corporate Governance.

Gatti S. and Riva (forthcoming), "Acquisition Dynamics in the Optics Sector: Luxottica-Cole National", in International Journal of Finance Education.

Gatti S. and C. Battistini, "Hedge Funds’ Activism: A new trend of convergence toward private equity in public firms", in D. Cumming (editor), Companion to Venture Capital, John Wiley and Sons, 2010.

Bonetti V., Caselli S., Gatti S., Offtaking agreements and how they impact the cost of funding for project deals. A clinical case study of the Quezon Power Ltd Co., Rewiew of Financial Economics, Vol. 19, No. 2, 2010.

Caselli S., Gatti S., Marciante A., Pricing Final Indemnificaton Payments to Private Sponsors in Project- Financed Public-Private Partnerships: An Application of Real Options Valuation, Journal of Applied Corporate Finance, Vol. 21 No.3, 2009.

Caselli S., S. Gatti and F. Perrini, "Are Venture a Catalyst for Innovation or Do They Simply Exploit It?", in European Financial Management Journal, vol. 15, 1, 2009. 

Caselli S. Gatti S., Querci F., "The Sensitivity of Loss Given Default Rate to Systematic Risk: New Empirical Evidence on Bank Loans", in Journal of Financial Services Research, Vol. 34, N. 1, August 2008.

Caselli S. and S. Gatti (2007), "Long-Run Venture-Backed IPO Performance Analysis of Italian Family-Owned Firms: What Role Do Closed-End Funds Play?" An evidence from the Italian market", in Gregoriou G.N., Kooli M., Kraussl M. (Editors), Venture Capital in Europe, Elsevier, 2007.

Gatti S., Rigamonti, F. Saita and Senati (2007), "Measuring Value at risk in project finance deals", in European Financial Management.

Gatti S., "Project Finance in theory and Practice", Academic Press-Elsevier, Burlington, 2007.
 

Caselli S., S. Gatti and Visconti (2006), "Managing M&A Risk with Collars, Earn-outs, and CVRs, in Journal of Applied CorporateFinance.

Caselli S. and S. Gatti (2005), "Structured Finance", Springer Verlag.
"Structured Finance" (con S. Caselli, ed.), Berline-London, Springer Verlag 2005.

"Banking for Family Business" (con S. Caselli), Berlin-London, Springer Verlag, 2005, in Manuale del project finance, Roma, Bancaria, 2001; Corporate Banking (con S. Caselli), Roma, Bancaria, 2003

"Il settore del corporate finance per le piccole e medie imprese in Italia: struttura, prodotti, concorrenti e prime verifiche empiriche", in Mediocredito Centrale - Quaderni di Ricerca, Roma, aprile 1998

"Le metodologie professionali di valutazione della marca: analisi dei punti di forza e di debolezza" (con C. Zara), in C. Zara (a cura di), in La valutazione della marca - Il contributo del brand alla creazione del valore d'impresa, Milano, Etas, 1997;

"Il merchant banking: prodotti, servizi e competenze", in G. Forestieri, G. Corbetta (a cura di) Le banche italiane dal credito al merchant banking, Milano, Studi e Ricerche, 1997; "Il project finance: caratteri generali dell'operazione", in AA.VV., Il leasing nel project finance, Milano, EGEA, 1997.