Antonio Gledson de Carvalho
Bachelor of Economics from the University of São Paulo (1986), Master of Economics from the University of São Paulo (1991), Master of Mathematics from the University of Illinois (1995) and Doctor of Economics from the University of Illinois (1997). Adjunct Professor of FGV-EAESP. He is experienced in Finance and Economics, with emphasis on corporate finance, working mainly on the following topics: venture capital and private equity, capital markets and corporate governance.
Articles:
Black, Bernard; De Carvalho, Antonio Gledson; KIM, WOOCHAN; YURTOGLU, B. BURCIN. How Useful are Commercial Corporate Governance Ratings? Evidence from Emerging Markets. Journal of Corporate Finance, v. 80, p. 102405, 2023.
CARVALHO, Antonio Gledson; Pinheiro, Roberto; SAMPAIO, J. O. Venture Capital Backing: financial policies and persistence over time. Quantitative Finance And Economics, v. 05, p. 640-663, 2021
de Carvalho, Antonio Gledson; Amaro de Matos, João; PINHEIRO, Douglas B. Determinants of Price Stabilization in Initial Public Offerings. International Journal of Banking, Accounting and Finance, v. 11, p. 411-433, 2020.
de Carvalho, Antonio Gledson; Pinheiro, Roberto B.; SAMPAIO, JOELSON OLIVEIRA. The Dynamics of Earnings Management in IPOs and the Role of Venture Capital. Research in International Business and Finance, v. 51, p. 101084, 2020.
Black, Bernard; de Carvalho, Antonio Gledson; KHANNA, VIKRAMADITYA; KIM, WOOCHAN; YURTOGLU, BURCIN. Which Aspects of Corporate Governance do and do not Matter in Emerging Markets. Journal of Law, Finance, and Accounting, v. 5, p. 137-177, 2020.
de Carvalho, Antonio Gledson; Marques, Felipe Tumenas. The Microstructure of the Brazilian Market for Corporate Bonds. RBGN-Revista Brasileira de Gestão de Negócios, v. 22, p. 482-500, 2020.
de Carvalho, Antonio Gledson; Gallucci-Netto, Humberto; SIQUEIRA, Eduardo M. R. Determinants of Success in Venture Capital Investments: Evidence from Brazil. Venture Capital (London. Print), v. 19, p. 147-161, 2017.
Black, Bernard; de Carvalho, Antonio Gledson; KHANNA, VIKRAMADITYA; KIM, WOOCHAN; YURTOGLU, BURCIN. Corporate Governance Indices and Construct Validity. Corporate Governance - an International Review, v. 25, p. 397-410, 2017.
Black, Bernard; de Carvalho, Antonio Gledson; KHANNA, VIKRAMADITYA; KIM, WOOCHAN; YURTOGLU, BURCIN. Methods for Multicountry Studies of Corporate Governance: Evidence from the BRIKT Countries. Journal of Econometrics , v. 183, p. 230-240, 2014.
de Carvalho, Antonio Gledson; Gallucci-Netto, Humberto; Sampaio, Joelson O. Private Equity and Venture Capital in Brazil: An Analysis of its Evolution. Revista Brasileira de Finanças (Impresso), v. 12, p. 499-515, 2014.
Black, Bernard S.; de Carvalho, Antonio Gledson; SAMPAIO, JOELSON OLIVEIRA. The Evolution of Corporate Governance in Brazil. Emerging Markets Review, v. 20, p. 176-195, 2014.
GIOIELLI, S. O.; de Carvalho, Antonio Gledson; SAMPAIO, J. O. Venture Capital and Earnings Management in IPOs. BBR. Brazilian Business Review (Edição em português. Online), v. 10, p. 32-64, 2013.
de Carvalho, Antonio Gledson; Pennacchi, George G. Can a Stock Exchange Improve Corporate Behavior? Evidence from Firms' Migration to Premium Listings in Brazil. Journal of Corporate Finance (Amsterdam. Print), v. 18, p. 883-903, 2012.
BLACK, Bernard S.; de Carvalho, Antonio Gledson; GORGA, Érica. What Matters and for which Firms for Corporate Governance in Emerging Markets? Evidence from Brazil (and other BRIK countries). Journal of Corporate Finance (Amsterdam. Print) , v. 18, p. 934-952, 2012.
Siqueira, Eduardo M. R.; de Carvalho, Antonio Gledson; Gallucci-Netto, Humberto. Determinantes do Sucesso dos Investimentos de Private Equity e Venture. Revista Brasileira de Finanças, v. 9, p. 189-208, 2011.
PINHEIRO, Douglas B.; de Carvalho, Antonio Gledson. Efeitos da Estabilização de Preços sobre os Retornos de Curto Prazo dos IPOs. Revista Brasileira de Finanças, v. 9, p. 489-520, 2011.
de Carvalho, Antonio Gledson; Tolentino, Rodrigo A. Efeitos da Estabilização de Preços em IPOs sobre a Liquidez de Longo Prazo. Revista Brasileira de Finanças, v. 8, p. 307-328, 2010.
de Carvalho, Antonio Gledson; PINHEIRO, Douglas B. Determinantes da Estabilização de Preços em Ofertas Públicas Iniciais de Ações. Revista Brasileira de Finanças, v. 8, p. 443-468, 2010.
de Carvalho, Antonio Gledson. The Effect of Institutions on the External Financing of The Brazilian Firms. Revista Brasileira de Finanças, v. 7, p. 1-27, 2009.
Black, Bernard; de Carvalho, Antonio Gledson; Gorga, Erica. The Corporate Governance of Privately Controlled Brazilian Firms. Revista Brasileira de Finanças, v. 7, p. 358-428, 2009.
Black, Bernard; de Carvalho, Antonio Gledson; Gorga, Érica. Corporate Governance in Brazil. Emerging Markets Review, v. 11, p. 21-38, 2009.
de Carvalho, Antonio Gledson; Calomiris, Charles W.; Matos, João A. Venture Capital as Human Resources Management. Journal of Economics and Business, v. 60, p. 223-255, 2008.
de Carvalho, Antonio Gledson; Ribeiro, Leonardo L. Private Equity and Venture Capital in an Emerging Economy: Evidence from Brazil. Venture Capital (London. Print), v. 10, p. 111-126, 2008.
de Carvalho, Antonio Gledson. The Effect of Institutional Development on the Growth of Brazilian Firms. Revista Brasileira de Economia (Impresso), v. 62, p. 453-468, 2008.
de Carvalho, Antonio Gledson. Lei de Falência, Acesso ao Crédito Empresarial e Taxas de Juros no Brasil. Revista de Economia Política (Impresso), São Paulo, v. 25, n.1, p. 112-132, 2005.
Anuatti-Neto, Francisco; Barossi-Fo., Milton; de Carvalho, Antonio Gledson; Macedo, Roberto B. M. Os Efeitos da Privatização sobre o Desempenho Econômico e Financeiro das Empresas Privatizadas. Revista Brasileira de Economia (Impresso), Rio de Janeiro, v. 59, n.2, p. 151-175, 2005.
de Carvalho, Antonio Gledson. Governança Corporativa no Brasil em Perspectiva. Revista Brasileira de Administração, São Paulo, v. 37, n.3, p. 19-32, 2002.
de Carvalho, Antonio Gledson. Desenvolvimento Financeiro e Crescimento Econômico. Revista Econômica do Nordeste, Fortaleza, CE, v. 33, n.4, p. 694-715, 2002.
de Carvalho, Antonio Gledson. Ascensão e Declínio do Mercado de Capitais no Brasil, a Experiência dos Anos 90. Economia Aplicada (Impresso), São Paulo, v. 4, n.3, p. 595-632, 2000.
de Carvalho, Antonio Gledson. Human Resources Management, a Non-Financial Benefit of Venture Capital. Estudos Econômicos (USP. Impresso), São Paulo, v. 29, n.2, p. 155-187, 1999.
Books:
de Carvalho, Antonio Gledson; Ribeiro, Leonardo L.; Furtado, Claudio V. A Indústria Brasileira de Private Equity e Venture Capital. 1. ed. São Paulo: Editora Saraiva, 2006. v. 1. 135 p.
de CARVALHO, Antonio Gledson; ANUATTI NETO, Francisco; AIMOLA, Luis Antonio; OLIVEIRA, Marcelo de; MICHEL, Fernando Dutra ; CYDIS, Helena B Berella; OLIVEIRA, R. G. A Experiência Brasileira de Concessões de Rodovias. 1. ed. São Paulo: FIPE, 2003. v. 1. 168 p.
de CARVALHO, Antonio Gledson; PELIN, E. R.; ANUATTI NETO, Francisco; MOTTA, J. F.; GONÇALVES, J. F. L.; MELLO, M. T. L.; ANDRÉ, P. T.; MARCONDES, R. L.; OLIVEIRA, R. G. Avaliação do Equilíbrio Econômico-Financeiro dos Contratos de Concessão de Rodovias. 1. ed. São Paulo: FIPE, 2001. v. 1. 100 p.
Book chapters:
de Carvalho, Antonio Gledson; Gallucci-Netto, Humberto; SAMPAIO, J. O. Corporate Governance in Brazil. In: Arindam Banik, Ananda Das Gupta, Pradip K. Bhaumik. (Org.). Corporate Governance in Brazil. 1ed.Londres: Palgrave Macmillan, 2015, v., p. 56-77.
CARVALHO, A. G. Private Equity and Venture Capital in Brazil: Drivers, Evolution, and Obstacles. Private Equity and Venture Capital in Brazil: Drivers, Evolution, and Obstacles. 1ed.Basingstoke: Palgrave Macmillan, 2012, v. 1, p. 198-207.
de Carvalho, Antonio Gledson. A Usina Hidroelétrica de Itumirim. In: Francisco Anuatti Neto; Marina Figueira de Mello. (Org.). Regulação da Infraestrutura no Brasil. 1 ed. São Paulo: Singular, 2008, v. 1, p. 29-37.
Anuatti-Neto, Francisco; Barossi-Fo., Milton; de Carvalho, Antonio Gledson; Macedo, Roberto B. M. Costs and Benefits of Privatization: Evidence from Brazil. In: Alberto Chong; Florencio Lopez de Silanes. (Org.). Privatization in Latin America, Myths and Reality. Palo Alto: Stanford University Press, 2005, v. 1, p. 145-196.
Research syntheses
