Fernando Muñoz
Associate Professor
Email: fmunoz@unizar.es
Short bio
Fernando Muñoz Sánchez is an Associate Professor at the Accounting and Finance Department at the University of Zaragoza, where he teaches degree and master courses related to corporate finance and financial markets. He is also an associate researcher at the Institute on Employment, Digital Society and Sustainability (IEDIS) at the University of Zaragoza.
His research lines are mainly two. First, the investment collective industry, from different stakeholders’ points of view, and with a special interest in the socially responsible investment field. Thus, the main topics dealt with in the first research line encompass the comparative analyses of the financial performance and managerial abilities of conventional and socially responsible (SR) mutual funds, the behaviour of SR funds’ investors, the impact of different SR strategies on the financial performance of SR funds, societal events in the SR mutual fund industry, the decarbonization process of SR funds’ portfolios, the product differentiation strategies in the SR mutual fund industry, the impact of the governance structure on the financial and ESG (environmental, social and governance) performances of SR mutual funds, among others.
The second line of research is focused on Public-Private Partnerships (PPPs) as a governance mechanism for infrastructure projects. Within this second research line, the papers performed deal with the determinants of the contractual forms of PPPs, the determinants of the PPPs’ projects performance, the factors that attract investment to PPPs’ projects, or the factors that determine the PPPs’ project duration, among others.
Selected Publications
- Muñoz, F., Ortiz, C., and Vicente, L. (2022). Ethical window dressing: SRI funds are as good as their word, Finance Research Letters, 49, 103109.
- Muñoz, F. (2021). Carbon-intensive industries in Socially Responsible mutual funds’ portfolios, International Review of Financial Analysis, 75, 101740.
- Fleta-Asín, J., and Munoz, F. (2020). How does risk transference to private partner impact on public-private partnerships’ success? Empirical evidence from developing economies, Socio-Economic Planning Sciences, 72, 100869.
- Fleta-Asín, J., Muñoz, F., and Rosell-Martínez, J. (2020). Public-private partnerships: Determinants of the type of governance structure, Public Management Review, 22(10), 1489-1514.
- Muñoz, F., Vargas, M., and Marco, I. (2014). Environmental mutual funds: Financial performance and managerial abilities, Journal of Business Ethics, 124, 551-569.