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Francisco Pérez-González is Dean (Business) and Professor of Finance at ITAM in Mexico City, and Research Associate at the National Bureau of Economic Research in Cambridge, MA. Before joining ITAM, he was a faculty member at Stanford University Graduate School of Business. Prior to Stanford, Francisco taught at Columbia University, Graduate School of Business, the University of Chicago, Booth School of Business, and at the University of Texas, Austin. Prior to academia, he served as an economist at the Mexican Ministry of Finance, and at the Mexican Council of Economic Advisers to the President.


Francisco´s career has stressed a passion for both education as a source of personal transformation, and for businesses as a robust and scalable force to bring about economic development and well-being in society.


Francisco’s research interests are in the intersection of corporate finance and organizational economics. His corporate finance research has examined the consequences of hedging for firm value, the impact of taxes on capital structure decisions, and the relevance of large shareholders’ incentives for payout policies. Francisco’s organizational economics research has investigated the impact of CEOs on profitability, the consequences of organizational structures on productivity, the impact of competition on managerial discipline, and the influence of large shareholders on CEO succession decisions, among other topics. He has conducted extensive research examining the strengths and challenges of family firms both in the U.S. and abroad.


Francisco’s research has been published at top economics and finance journals, such as, the American Economic Review, the Journal of Finance, and the Quarterly Journal of Economics. His risk-management research was recognized in 2014 with the Brattle First Paper Prize for the best corporate finance study published in the Journal of Finance. His research received the international CUNEF, Deutsche Bank, Universia Jaime Fernández de Araoz Corporate Finance Award, for the best applied research in economics and corporate finance. His research has been profiled by major media outlets such as Bloomberg BusinessWeek, The Economist, The Wall Street Journal, Slate, among others. He has presented his research in over 75 universities and conferences around the world, including Berkeley, Chicago, Columbia, Duke, Harvard, MIT, Northwestern, Oxford, Stanford, Wharton, among many others. He has also participated as a faculty member in the Stanford Director´s College Program in several countries, and taught executive education programs for Columbia, ITAM, LBS and Stanford. He was recognized with ITAM’s distinguished alumni award and he was a Fulbright Scholar at Harvard University.


Francisco received a Masters and a PhD in economics from Harvard University, and a bachelor’s degree in economics from ITAM. He was born in Teziutlán, Puebla.


ITAM, founded in 1946, is a private research and teaching institution located in Mexico City. ITAM´s Business School was the first Latin American Business School accredited by AASCB and it is currently accredited by AASCB, EQUIS and AMBA. The School offers undergraduate, MBA, Executive MBA, and specialized masters programs in Accounting, Finance and Marketing.

Research Interests

Corporate Finance, Organizational Economics, Corporate Governance, Family Firms, Entrepreneurship, Small and Medium Size Businesses, Economic Development, Taxation.

Working Papers

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