Gilles Chemla


Biography

Gilles Chemla is a Professor of Finance at Imperial College Business School and Co-director of Imperial's Centre for Financial Technology.

He is also a research fellow at Centre National de la Recherche Scientifique, a research fellow at Centre for Economic Policy Research (CEPR), a senior research fellow at the Rimini Centre for Economic Analysis (RCEA).

He is a member of the American Finance Association, American Economic Association, Western Finance Association, and European Finance Association.

He currently serves as an Associate Editor at the Journal of Empirical Finance.

Prior to joining Imperial, Professor Chemla was an Assistant Professor of Finance at the University of British Columbia.

He has also worked in corporate finance at BNP Paribas & as an independent consultant for a variety of corporate, financial, and governmental institutions and professional and international organisations. He has served on a wide range of boards.

Professor Chemla's research interests include crowdfunding, prediction markets, C-suite decision-making, mergers and acquisitions, stablecoins, private equity, and venture capital.



Articles (Selected)

Crowdfunding

Chemla, G., and K. Tinn, 2021, "How wise are crowds on crowdfunding platforms?", Handbook of Technological Finance, Cambridge University Press, Raghu Rau, Robert Waldrop, Luigi Zingales (eds).

Chemla, G., and K. Tinn, 2020, "Learning through Crowdfunding", Management Science, 66 (5), 1783-1801.

C-Suite Decision-Making

Chemla, G., and C. Hennessy, 2022, "Signaling, Instrumentation, and CFO Decision-Making", Journal of Financial Economics, 144, 3, 849-863.

Stablecoins

Chemla, G., W. Knottenbelt, Z. Li, X. Xiong, A. Delgado, A.-L. Burnett, "Mind the Gap: How Stablecoins can Secure the UK's Financial Future", https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5486386.

Private Equity & Venture Capital

Chemla G., 2004, "Pension Fund Investment in Private Equity and Venture Capital: Canada vs the US", Journal of Private Equity, 1-8

Bettignies, J.-E., and G. Chemla, 2008, "Corporate Venturing, Allocation of Talent, and Competition for Star Managers", Management Science. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=459427

Mergers & Acquisitions

Chemla G., 2005, “Hold-Up, Stakeholders, and Takeover Threats”, Journal of Financial Intermediation, 14(3), 376-97.

Education

PhD Economics, London School of Economics

MSc Economics, Paris School of Economics

BA Economics, University of Vienna

Institutions

Imperial College London

University of British Columbia

BNP Paribas

Fields

Finance

Topics

Digital Assets

Platform Finance

Data Science and Causal Inference

Entrepreneurial Finance

Private Equity and Venture Capital

Corporate Finance

Corporate Governance

Mergers and Acquisitions

Corporate Risk Management

Energy Markets

Security Design and Securitization

Debt Markets

Asset Allocation

Pension Funds

Financial Regulation and Policymaking.