Stefano Bonini (sbonini)

Stefano Bonini

Associate Professor & Director of International Partnerships of the School of Business

School of Business

Babbio Center 425
(201) 216-5385

Research

Corporate Finance,

Venture Capital and Private Equity,

Financial Economics,

Behavioral Finance,

Theory of Finance

Experience

New York University, Stern School of Business, Visiting Associate Professor of Finance: 2009;2012-2013

Bocconi University, Department of Finance, Assistant Professor, 2005-2014

Fudan University (Shanghai, PRC) Adjunct Professor, 2006-2011

Visiting Fellow, Harvard University/MIT, Department of Economics, Cambridge, MA 1999

Institutional Service

  • P&T Committee Member
  • Faculty Senate Member
  • Director of International Partnerships Chair
  • P&T committee Member
  • Board of Trustees Member
  • Stevens Ambassador Member
  • Recruiting Committee Member
  • Database Committee Chair
  • Board of Trustees Member
  • Board of Trustees Member
  • Recruiting Committee Member
  • Recruiting committee Member
  • Recrutiting Committee Member

Professional Service

  • The Journal of Alternative Investments Editor
  • Venture Capital: An International Journal of Entrepreneurial Finance Co-Editor in Chief
  • Journal of Small Business Management Associate Editor
  • Strategic Change Associate Editor
  • Financial Management Association Europe Scientific Committee
  • European Financial Management Association Conference Scientific Committee Member
  • Society for Financial Studies Conference Chair
  • Venture Capital an International Journal of Entrepreneurial Finance Guest Editor
  • Emerging Trends in Entreprenurial Finance Chair
  • Entrepreneurship Theory and Practice Guest Editor
  • Applied Finance Conference Conference Scientific Committee Member
  • MidWest Finance Association Conference Scientific Committee Member

Honors and Awards

2023 Stevens Doctoral Incentive Award
SDA Bocconi School of management Research Grant 2008 Italian Government Fund for University Research (MIUR) II/2006 SDA Bocconi School of Management Research Grant and Università degli studi del Piemonte Orientale “A. Avogadro” Research Fund 2006.
Italian Government Fund for University Research (MIUR) I/2005 Italian Government Fund for University Research (MIUR) II/2004 SDA Bocconi School of Management Research Grant 2004

Professional Societies

  • FMA – Financial Management Association Member
  • American Finance Association Member

Grants, Contracts and Funds

SDA Bocconi School of management Research Grant 2008, Italian Government Fund for University Research (MIUR) II/2006, SDA Bocconi School of Management Research Grant and Università degli studi del Piemonte Orientale “A. Avogadro” Research Fund 2006.

Selected Publications

Book Chapter

  1. Bonini, S.; Awuni, M. (2025). Business Angels Syndicates. The Palgrave Encyclopedia of Private Equity,. Palgrave.
  2. Bonini, S.; Capizzi, V. (2019). The role of angel syndicates on the demand and supply of informal venture capital . New Frontiers in Entrepreneurial Finance. World Scientific Publishing.
    https://www.worldscientific.com/doi/10.1142/9789811202766_0002.
  3. Bonini, S.; Alkan, S. (2014). The political and legal determinants of venture capital investments around the world. Perspectives on Financing Innovation (pp. 149-180).

Journal

  1. Bonini, S.; Capizzi, V.; Cumming, D. (2019). Emerging trends in entrepreneurial finance. Venture Capital (2-3 ed., vol. 21, pp. 133-136).

Journal Article

  1. Bonini, S.; Ferrari, M.; BONINI, S.; Enache, L.; Ross, D. G. (2024). Should Your Firm Have a Long-Tenured Independent Director?. Harvard Business Review (December 2024 ed.). Cambridge, MA: Harvard University Press.
    121 morton St Apt 4B Apt 4B.
  2. Bonini, S.; Shohfi, T.; Simaan, M. (2023). Buy the Dip?. European Financial Management.
    https://onlinelibrary.wiley.com/doi/10.1111/eufm.12465.
  3. Bonini, S.; Taatian, A. (2023). Dual Holding and Bank Risk. Financial Review.
  4. Bonini, S.; Kerl, A. (2022). Subjective valuation and target price accuracy . Journal of Financial Management, Markets and Institutions (June 2022 ed.).
  5. Bonini, S.; Lagasio, V. (2022). Board meetings dynamics and information diffusion. Corporate Governance an International Review (January 2022 ed.).
  6. Bonini, S.; Gaddis-Ross, D.; John, K.; Deng, J. (2022). Long-tenured independent directors and firm performance. Strategic Management Journal (January 2022 ed.).
  7. Bonini, S.; Colombo, M.; Manigart, S.; Bertoni, F. (2021). Digitization in Finance. Entreprenurship Theory and Practice (FT50). SAGE.
  8. Bonini, S.; Capizzi, V.; Croce, A.; Ughetto, E. (2020). Gazelles, ponies, and the impact of business angels’ characteristics on firm growth. No. Journal of Small Business Management (ABS 3) (2 ed., vol. 59, pp. 223-248). Taylor and Francis.
  9. Bonini, S.; Capizzi, V.; Cumming, D. (2019). Emerging trends in entrepreneurial finance. Venture Capital (2-3 ed., vol. 21, pp. 133-136).
  10. Bonini, S.; Capizzi, V. (2019). The role of venture capital in the emerging entrepreneurial finance ecosystem: future threats and opportunities. Venture Capital (2-3 ed., vol. 21, pp. 137-175).
  11. Bonini, S.; Capizzi, V.; Zocchi, P. (2019). The performance of angel-backed companies. Journal of Banking and Finance (vol. 100, pp. 328-345).
  12. Bonini, S. (2018). Does post-ipo M&A activity affect firms' profitability and survival? . Journal of Financial Management, Markets and Institutions (1 ed., vol. 6). World Scientific Publishing.
  13. Bonini, S.; Capizzi, V.; Valletta, M.; Zocchi, P. (2018). Angel network affiliation and business angels' investment practices. Journal of Corporate Finance (vol. 50, pp. 592-608).
  14. Bonini, S.; Dell'Acqua, A.; Fungo, M.; Kysucky, V. (2016). Credit market concentration, relationship lending and the cost of debt. International Review of Financial Analysis (vol. 45, pp. 172-179).
  15. Bonini, S. (2015). Secondary Buyouts: Operating Performance and Investment Determinants. Financial Management (2 ed., vol. 44, pp. 431-470).

Review, Journal

  1. Bonini, S.; Capizzi, V. (2019). The role of venture capital in the emerging entrepreneurial finance ecosystem: future threats and opportunities. Venture Capital (2-3 ed., vol. 21, pp. 137-175).