Jerome Taillard

Associate Professor

Academic Division: Finance
# 323

Bio

Jérôme Taillard earned his PhD in Finance from The Ohio State University in 2010. He also received a graduate degree in Economics from the Study Center in Gerzensee (Switzerland) and his undergraduate degree in Mathematics applied to Finance (magna cum laude) from the University of Neuchâtel in Switzerland. He teaches Introduction to Financial Management in the full-time MBA program as well as at undergraduate level at Babson College. He previously taught Corporate Finance at the Carroll School of management. Professor Taillard has been recognized for teaching excellence with the Carroll School of management school-wide teaching award in 2012 and was voted Best 40 Under 40 by Poets & Quants in 2017. His main research interests are in corporate finance. Currently, he is doing research in the areas of risk management, energy finance, innovation, and governance. He has published his research in the Journal of Finance, Review of Financial Studies, Management Science, Journal of Corporate Finance and the Journal of Financial and Quantitative Analysis. He has served as consultant to one of the largest Swiss brokerage firm on assessing the trading behavior and performance of their clients. He also does consulting for the Global Association of Risk Managers (GARP).

Academic Degrees

  • Ph D, The Ohio State University
  • MS, University of Neuchâtel

Academic Interests

Corporate Governance; Corporate Finance; Financial Institutions; Investments; Derivatives; Risk Management

Awards & Honors

  • 2017 - Kleinman Center Visitor Scholar, University of Pennsylvania
  • 2017 - Best 40 Under 40 Business School Professors, Poets & Quants
  • 2017 - BFRF Research Grant, Babson College
  • 2014 - Dean's List, Boston College/Carroll School of Management
  • 2012 - Distinguished Teacher Award, Boston College/Carroll School of Management
  • 2011 - Dean's List, Boston College/Carroll School of Management

Courses

Degree Courses 2016-2017

  • SME 2021: PRINCIPLES OF FINANCE

Degree Courses 2015-2016

Publications

Journal Articles

  • Gilje, E., Taillard, J.P. (2017). Does Hedging Affect Firm Value? Evidence from a Natural Experiment Review of Financial Studies, The, 30(12), 4083-4132. link
  • Bowen, D., Fresard, L., Taillard, J.P. (2017). What's your identification strategy? Innovation in Corporate Finance Research Management Science, 63(8), 2529 - 2548. link
  • Gilje, E.P., Taillard, J.P. (2016). Do Private Firms Invest Differently than Public Firms? Taking Cues from the Natural Gas Industry Journal of Finance, The, 71(4), 1733-1778. link
  • Behr, P., Kisgen, D., Taillard, J.P. (in press). Did Government Regulations Lead to Inflated Credit Ratings. Management Science link
  • Minton, B.M., Taillard, J.P., Williamson, R. (2014). Financial Expertise of the Board, Risk Taking and Performance: Evidence from Bank Holding Companies. Journal of Financial and Quantitative Analysis, 49(2), 351-380. link
  • Taillard, J.P. (2013). The Disciplinary Effects of Non-Debt Liabilities: Evidence from asbestos litigation. Journal of Corporate Finance

Presentations

  • Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion
    Taillard, J., Restrepo, F. Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion Internal seminar, Wellesley, MA (2016)
  • Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion
    Taillard, J., Restrepo, F. Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion External seminar, Kingston, RI (2016)
  • Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion
    Taillard, J., Restrepo, F. Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion External seminar, Boston, MA (2016)
  • Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion
    Taillard, J., Restrepo, F. Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion Internal seminar, London, Ontario (2016)
  • Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion
    Taillard, J., Restrepo, F. Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion 2016 International Accounting Section Midyear Meeting,, New Orleans (2016)
  • Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion
    Taillard, J., Restrepo, F. Do Inflation Adjustments Lead to Inflated Earnings? Large Sample Evidence of Managerial Discretion External seminar, Chestnut Hill, MA (2016)
  • Does Hedging Affect Firm Value? Evidence from a Natural Experiment
    Gilje, E., Taillard, J. Does Hedging Affect Firm Value? Evidence from a Natural Experiment American Finance Association (AFA) Annual Meeting, Chicago (2016)
  • Does Hedging Affect Firm Value? Evidence from a Natural Experiment
    Gilje, E., Taillard, J. Does Hedging Affect Firm Value? Evidence from a Natural Experiment OU Energy Finance Conference, Oklahoma City (2015)
  • Does Hedging Affect Firm Value? Evidence from a Natural Experiment
    Gilje, E., Taillard, J. Does Hedging Affect Firm Value? Evidence from a Natural Experiment FIRS Conference, Reykjavik (2015)
  • Did Government Regulations Lead to Inflated Credit Ratings?
    Behr, P., Kisgen, D., Taillard, J. Did Government Regulations Lead to Inflated Credit Ratings? American Finance Association, Boston, MA (2015)
  • Does Hedging Affect Firm Value? Evidence from a Natural Experiment
    Gilje, E., Taillard, J. Does Hedging Affect Firm Value? Evidence from a Natural Experiment EFA Conference, Lugano (2014)
  • Does Hedging Affect Firm Value? Evidence from a Natural Experiment
    Gilje, E., Taillard, J. Does Hedging Affect Firm Value? Evidence from a Natural Experiment OSU Alumni Conference, Columbus (2014)
  • Does Hedging Affect Firm Value? Evidence from a Natural Experiment
    Gilje, E., Taillard, J. Does Hedging Affect Firm Value? Evidence from a Natural Experiment SFS Cavalcade, Georgetown (2014)
  • Do Public Firms Invest Differently than Private Firms? Taking cues from the Natural Gas Industry
    Taillard, J., Gilje, E. Do Public Firms Invest Differently than Private Firms? Taking cues from the Natural Gas Industry SFS Cavalcade, Miami (2013)
  • Do Public Firms Invest Differently than Private Firms? Taking cues from the Natural Gas Industry
    Taillard, J., Gilje, E. Do Public Firms Invest Differently than Private Firms? Taking cues from the Natural Gas Industry Western Finance Association (WFA) Conference, Lake Tahoe (2013)
  • Do Public Firms Invest Differently than Private Firms? Taking Cues from the Natural Gas Industry
    Taillard, J., Gilje, E. Do Public Firms Invest Differently than Private Firms? Taking Cues from the Natural Gas Industry Adam Smith Corporate Finance Workshop, Oxford (2013)
  • Do Private Firms Invest Differently than Public Firms? Taking Cues from the Natural Gas Industry
    Taillard, J., Gilje, E. Do Private Firms Invest Differently than Public Firms? Taking Cues from the Natural Gas Industry 9th Annual Conference on Corporate Finance, St Louis, MO (2012)
  • Do Private Firms Invest Differently than Public Firms? Taking Cues from the Natural Gas Industry
    Taillard, J., Gilje, E. Do Private Firms Invest Differently than Public Firms? Taking Cues from the Natural Gas Industry NBER Corporate Finance Spring Conference, Chicago (2012)
  • Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance?
    Taillard, J. Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance? 8th International Paris Finance Meeting, Paris, France (2010)
  • Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance?
    Williamson, R., Taillard, J. Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance? Annual Corporate Governance Conference , University of Delaware, Newark DE (2010)
  • Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance?
    Taillard, J. Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance? NBER Corporate Finance Fall Conference, Boston (2010)