Paolo Colla is Associate Professor of Finance at Bocconi University. He holds a PhD in Finance from the London School of Economics and Political Science and a MSc in Economics and Finance from Universitat Pompeu Fabra. He has been visiting professor at IE Business School and Princeton University. He has published in the Journal of Corporate Finance, the Review of Financial Studies, and the Journal of Finance on the topics of asset pricing and corporate finance. He is also a member of the Group of Economic Adivsors (GEA) at the European Securities and Markets Authority (ESMA).