Bustamante, Maria

Dr Maria Bustamante  


Position held

Assistant Professor in Finance


Experience keywords:

asset pricing implications of corporate decisions; dynamic corporate finance; financial engineering; real options

Sectors and industries to which research relates:

Banking; Construction and Property; Consultancy; Creative Industries and Culture; Energy; Environment; Financial Services; Healthcare; Information Technology; Law; Media Technology and New Media; Policy and Regulatory Bodies; Public Administration; Telecommunications; Risk Management

Countries and regions to which research relates:

Argentina; Europe; USA


French [Spoken: Intermediate, Written: Basic]; Italian [Spoken: Fluent, Written: Fluent]; Spanish [Spoken: Fluent, Written: Fluent]

Contact Points

LSE phone number:

+44 (0)20 7107 5011



Bustamante, Maria Cecilia (2017) Firms in less competitive industries are riskier investments LSE Business Review (7 Mar 2017) Blog entry

Anderson, Ronald W. and Bustamante, Maria Cecilia and Guibaud, Stéphane and Zervos, Mihail (2017) Agency, firm growth, and managerial turnover Journal of Finance. ISSN 0022-1082


Bustamante, Maria Cecilia (2015) Intra-industry competition informs stock markets investment decisions LSE Business Review (11 Sep 2015) Blog entry

Bustamante, Maria Cecilia (2015) Strategic investment and industry risk dynamics Review of Financial Studies, 28 (2). 297-341. ISSN 0893-9454


Bustamante, Maria Cecilia and Donangelo, Andres (2014) Product market competition and industry returns Social Science Research Network (SSRN), London, UK.


Bustamante, Maria Cecilia (2012) The dynamics of going public Review of Finance, 16 (2). 577-618. ISSN 1572-3097

Anderson, Ronald W. and Bustamante, Maria Cecilia and Guibaud, Stéphane (2012) Agency, firm growth, and managerial turnover The London School of Economics and Political Science, London, UK.


Bustamante, Maria Cecilia (2011) How do frictions affect corporate investment?: a structural approach Working Paper Series, Swiss Finance Institute, Switzerland.

Bustamante, Maria Cecilia (2011) Strategic investment, industry concentration and the cross section of returns Financial Markets Group Discussion Paper, London School of Economics and Political Science, London, UK. ISBN 09568549681


Bustamante, Maria Cecilia (2008) What do frictions mean for Q-theory testing? Swiss Finance Institute Research Paper Series, Swiss Finance Institute.

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