Ricardo Leal

ricardoleal@coppead.ufrj.br
(619) 260-4896

Office Hours

International Visiting Faculty for the Ahlers Center for International Business

Professor of Finance, COPPEAD

Ricardo P. C. Leal was the dean and is a Full Professor at the COPPEAD Graduate Business School of the Federal University of Rio de Janeiro where he teaches Investments, International Finance and doctoral level seminars. He has consulted for many institutions on the financial markets of Latin America, including the World Bank, the OECD, Charles Schwab, the UN, and the IADB. His research and consulting interests are in the area of emerging securities markets, the financing of corporations, and corporate governance. His work has been published in prestigious academic journals and he has also organized many books. He is a fellow of the Corporate Governance Academic Network of the Global Corporate Governance Forum. He is a former president of the Business Association of Latin American Studies and of the Brazilian Finance Society. He is also the chief editor of the Brazilian Finance Review and member of the editorial board of many scholarly journals in Brazil and abroad. He has been a lecturer in professional development programs in the United States, Europe and Latin America and has taught at Georgetown University, at the University of Nevada, the University of San Diego, University of Alabama, Birmingham, University Nova of Lisbon, University of Évora, and the Catholic University of Chile. Currently he is a senior research fellow of Brazilian Corporate Governance Institute, of the Center for Governance Studies at the Foundation for Accounting, Actuarial, and Financial Research (FIPECAFI), and of the Center for Private Equity Studies at the Getulio Vargas Foundation Business School in São Paulo.

Selected Current Research

Journal Article, Academic Journal

Mendes, B., Leal, R. (2009). Portfolio Management with Semi-Parametric Bootstrapping. Journal of Risk Management in Financial Institutions

Leal, R., Carvalhal-da-Silva, A. (2008). International Market Linkages and Common Volatility in the Emerging Markets of Latin America. Journal of Emerging Markets, 13 (3), 20-31.

Mendes, B., Leal, R., Carvalhal, A. (2007). Clustering in Emerging Equity Markets. Emerging Markets Review, 8 (3), 194-205.

Carvalhal da Silva, A., Leal, R. (2006). Ownership, Control, Valuation and Performance of Brazilian Corporations. Corporate Ownership & Control, 4 (1)

Leal, R., Carvalhal da Silva, A. (2005). Controlling Shareholders and Corporate Valuation in Brazil. Corporate Ownership & Control, 3 (2), 137-141.

Leal, R., Mendes, B. (2005). Maximum Drawdown: Models and Applications. Journal of Alternative Investments, 7 (4), 83-91.

Mendez, B., Leal, R. (2005). Robust multivariate modeling in finance. International Journal of Managerial Finance, 1 (2), 95-106.

Ratner, M., Leal, R. (2005). Sector Integration and the Benefits of Global Diversification. Multinational Finance Journal, 9 (3/4), 235-267.

Da Silveira, A., Leal, R., Carvalhal da Silva, A., Barros, L. Evolution and Determinants of Firm-Level Corporate Governance Quality in Brazil. Revista de Administração da USP