Professor Dr. Roni Michaely
Dr. Roni Michaely is a distinguished professor of Finance and Entrepreneurship at the University of Hong Kong (HKU) Business School, founding Executive Director of the HKU Tel-Aviv Innovation Hub, and Co-director of the HKU Jockey Club Enterprise Sustainability Global Research Institute (ESGRI). A research member of the European Corporate Governance Institute (ECGI), Professor Michaely is globally recognized for his expertise in corporate finance and his prolific scholarly output makes him one of the most cited people in finance.
Siyana adapted her political science PhD work to the proxy voting context to develop our first-of-its-kind approach to benchmarking proxy voting records.
After publishing her PhD in the #1 journal for international relations worldwide, Siyana has continued to produce an impressive range of applied and academic work. In September 2024, she co-published a paper in another top journal in which she and co-authors applied semi-supervised computational text analysis based on word embeddings to over 300,000 articles from The Economist between 1843 and 2020 to capture the territoriality−functionality continuum in global discourse.
Academic Publications
- Gurova, Siyana, 2024. Ideological cleavages beyond the nation-state : the emergence of transnational political groups in international parliaments. The Review of International Organizations. https://doi.org/10.1007/s11558-023-09522-3
- Caramani, D., Gurova, S., & Widmann, T. (2024). The Evolution of Global Cleavages: A Historical Analysis of Territorial and Functional World Alignments Based on Automated Text Analysis, 1843–2020. Comparative Political Studies, 0(0). https://doi.org/10.1177/00104140241271085
Professor Michaely's research has been featured in major outlets including The Wall Street Journal and The Economist, and published in prominent academic publications including the Journal of Finance and Review of Financial Studies. He has received numerous prestigious awards, including the Review of Finance's 2024 Pagano and Zechner Prize and the 2005 Journal of Financial Economics Fama Prize, and his findings have shaped corporate finance and sustainable finance best practices worldwide.
As an accomplished entrepreneur and advisor, Professor Michaely co-founded two startups and currently advises several others. He previously served as a director of the Israeli Securities Authority and chaired a mutual fund investment committee. At rezonanz, he draws on extensive corporate finance and governance expertise, as well as his broad entrepreneurial experience, to ensure that our data-driven solutions target real-world impact and foster long-term value creation.
Selected Recent Publications
- Michaely, Roni and Rubio, Silvina and Yi, Irene, Voting Rationales (July 26, 2023). European Corporate Governance Institute – Finance Working Paper No. 928/2023, HKU Jockey Club Enterprise Sustainability Global Research Institute - Archive. http://dx.doi.org/10.2139/ssrn.4521854
- Michaely, Roni, Ordonez-Calafi, Guillem, & Rubio, Silvina, 2024. Mutual Funds’ Strategic Voting on Environmental and Social Issues. Review of Finance, Vol. 28(5), pp. 1575–1610. https://doi.org/10.1093/rof/rfae017
- Heath, Davidson, Macciocchi, Daniele, Michaely, Roni, & Ringgenberg, Matthew C., 2023. Does Socially Responsible Investing Change Firm Behavior? Review of Finance (Forthcoming). European Corporate Governance Institute – Finance Working Paper No. 762/2021, University of Miami Business School Research Paper No. 3837706. http://dx.doi.org/10.2139/ssrn.3837706
- Heath, Davidson, Macciocchi, Daniele, Michaely, Roni, & Ringgenberg, Matthew C., 2020. Do Index Funds Monitor? Review of Financial Studies. Swiss Finance Institute Research Paper No. 19-08, European Corporate Governance Institute – Finance Working Paper No. 638/2019. http://dx.doi.org/10.2139/ssrn.3259433
- Grennan, Jillian, & Michaely, Roni, 2020. FinTechs and the Market for Financial Analysis. Journal of Financial and Quantitative Analysis. http://dx.doi.org/10.2139/ssrn.3136150
- Merkley, Kenneth, Michaely, Roni, & Pacelli, Joseph, 2020. Cultural Diversity on Wall Street: Evidence from Consensus Earnings Forecasts. Journal of Accounting and Economics, Vol. 70(1), Article 101330. https://doi.org/10.1016/j.jacceco.2020.101330