Cláudia Custódio
Cláudia Custódio
Professor (Adjunct)

Cláudia Custódio is an Associate Professor of Finance at Imperial College and visiting Professor at Nova SBE.
She was awarded her PhD from the London School of Economics and has maintained her connection there acting as Research Associate for the Financial Markets Group since her graduation in 2010. After graduating Claudia spent time in the US working within the Department of Finance at the W. P. Carey School of Business, Arizona State University before moving back to her native Lisbon to join NOVA SBE. Claudia’s focus is Corporate Finance and her work has been published several times in academic journals such as the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies and Management Science. She is also the author of a Corporate Finance textbook in Portuguese "" Finanças da Empresa”.

2010 - PhD in Economics - London School of Economics

2004 - Master in Finance - ISCTE

2002 - Bachelor in Business Administration - ISCTE

Finance, Corporate Finance 

  • Albuquerque, Ana, Bennett, Benjamin, Custódio, Cláudia, Cvijanović, Dragana (2023). CEO compensation and real estate prices: Pay for luck or pay for action?. Review of Accounting Studies, 28, 2401–2447.
  • Bonfim, Diana, Custódio, Cláudia, de portugal, banco (2023). Supporting small firms through recessions and recoveries. Journal of Financial Economics, 147 (3), 658-688.
  • Carvalho, Bruno P., Custódio, Cláudia, Geys, Benny, Mendes, Diogo, Peralta, Susana (2023). Information, perceptions, and electoral behaviour of young voters: A randomised controlled experiment. Electoral Studies, 84.
  • Custódio, Cláudia, Ferreira, Miguel A., Garcia-Appendini, Emilia (2023). Indirect costs of financial distress. Review Of Finance, 27 (6), 2233-2270.
  • Custódio, Cláudia, Siegel, Stephan (2020). Are chief executive officers more likely to be first-borns?. PLoS ONE, 15 (6), e0234987.
  • Custódio, Cláudia, Metzger, Daniel (2014). Financial expert CEOs: CEO's work experience and firm's financial policies. Journal of Financial Economics, 114 (1), 125-154.
  • Custódio, Cláudia (2014). Mergers and acquisitions accounting and the diversification discount. The Journal of Finance, 69 (1), 219-240.
  • Custódio, Cláudia, Ferreira, Miguel A., Matos, Pedro (2013). Generalists versus specialists: lifetime work experience and chief executive officer pay. Journal of Financial Economics, 108 (2), 471-492.
  • Custódio, Cláudia, Metzger, Daniel (2013). How do CEOs matter? The effect of industry expertise on acquisition returns. Review Of Financial Studies, 26 (8), 2007-2047.
  • Custódio, Cláudia, Ferreira, Miguel A., Laureano, Luís (2013). Why are US firms using more short-term debt?. Journal of Financial Economics, 108 (1), 182-212.