Joao Gomes, PhD

Joao Gomes

Howard Butcher III Professor of Finance; Professor of Economics; Chairperson, Finance Department, The Wharton School

Research Interests:

Macroeconomics and financial markets, quantitative corporate finance, corporate investment and financing

About Joao:

An expert in macroeconomics and financial markets, Joao Gomes’ recent research covers the determinants of corporate investment and financing decisions of firms, with particular interest in the links to movements in financial markets. He has also examined the role of financial leverage in determining the cost of capital, the causes of performance variation across asset classes, and the quantitative importance of financial market imperfections on corporate decisions and economic cycles.

Joao’s research has been presented and discussed at major academic conferences and seminars around the world.  He has won several awards, including the Smith Breeden Prize for Best Asset Pricing Paper published in the Journal of Finance, with a study on the links between leverage and returns. He was also nominated for the Brattle Prize for Best Corporate Finance Paper in the Journal of Finance for his earlier work on the performance of conglomerates.

His previous academic appointments include a professorship at the London Business School. Early in his career, he also served as an ad-hoc economic advisor to the Ministry of Industry of Portugal. He has a PhD from the University of Rochester.

Read full faculty bio on Wharton website


Executive Education Programs Taught:

Advanced Corporate Finance

Learn how your financial institution or firm can effectively manage risk in today’s uncertain economy. Discover whether it is more efficient to take on debt, offer equity, or do a combination of both when making capital structure decisions.

Global CEO Program: A Transformational Journey

This program meets in three non-consecutive weeks in three different countries – CEIBS in Shanghai, China; the Wharton School in Philadelphia; and IESE in Barcelona, Spain. Strengthen your knowledge of new markets, reflect on pressing issues, and broaden your skills as a senior leader.

Investment Strategies and Portfolio Management

Develop investment portfolios that generate the highest return for your level of investment risk. This program provides a solid foundation for building optimal portfolios and effective tools for making better investments.

Wharton on the Markets

Tremendous volatility in the financial markets has raised anxiety levels among both institutional and individual investors alike. Gain clarity and insight on how to view the investment horizon in the coming months. Wharton Finance faculty discusses topics from investing in stocks and bonds to alternative investments in real estate and private equity.