The Masters in Finance programs offer you an integrated finance education that covers the most diverse and up to date information on the finance industry and functional area.
For Juan Santaló, the MBA classroom and the research seminars are fertile grounds for the emergence of fresh thoughts on business and economics. “I love the teaching,” he says. “As an academic, you like to discuss your ideas and the MBA class is an opportunity for lots of discussion. It’s true that the professor moderates the discussion, but you always see new ideas coming through, particularly in the international MBA, where there’s a tremendous diversity of students.”
When it comes to research, Prof Santaló has focused on the intersection between Corporate Governance and Corporate Strategy. For example, Prof Santaló has studied under what specific industry conditions corporate diversification creates or destroys shareholder’s value. He has also investigated how different corporate governance mechanisms like the composition of the board of directors or the market of corporate control substitute or complement each other to alleviate the traditional agency problem in corporations.
More recently, Prof Santaló has explored in depth the connections between Antitrust or Competition Policy and Business Strategy. This ongoing research is being done under the umbrella of the newly created Observatory of Competition Policy at the IE. His latest research line looks at environmental management problems. In this area, Prof Santaló has analysed the relationship between corporate governance and firm environmental performance. “We observe that when corporate governance is lax, managers tend to be lazier and so they are also lazy when it comes to environmental management,” he explains.