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Alfonsina Iona

Alfonsina Iona
Senior Lecturer

Location: GC516
Phone: +44 20 7882 8422

Office hours: Mondays 2pm to 5pm, Wednesdays 5pm to 6.30pm

Current position
Alfonsina is a Senior Lecturer and Director of the MSc Investment and Finance and MSc Banking and Finance. She is also Director of the QUMMIF Investment Fund at Queen Mary. Alfonsina holds a Ph.D. in Economics and Finance  from the University of Naples "Federico II", Italy.

Other Professional Activities:
Associate Editor: Corporate Governance, from January 2016

Research interests
Corporate Finance, Corporate Governance, Economics of Innovation, Empirical Microeconomics.

Her research in Finance is carried out both at the theoretical and empirical level. In particular, she studies and develops models of investment where the effects of capital market imperfections contribute to shape the firm's investment; where corporate investment is affected by the public investment and where capital market imperfections effects may be relaxed by some macroeconomic variables. In this research area she also analyses how corporate governance characteristics affect the firm financing policies and how these affect the firm value.
Her research on innovation, instead, focuses on the main determinants of the adoption of innovations by firms and the impact of product, process, technological and managerial innovations on firm performance.


Suboptimal financial policies and executive ownership in the UK: Evidence from a pre-crisis. Corporate Governance 2016, Volume 16, Issue 1 (with L. Leonida).

Business Group Affiliation, Innovation, Internationalization and Performance: A Semi-Parametric Analysis. Global Strategy Journal 2013, Volume 3, Issue 3, pages 244–261, (with L. Leonida and P.M. Navarra).

Regional Infrastructure and Firm Investment. Theory and Empirical Evidence for Italy. Empirical Economics 2012, Volume 42, Issue 3, pp 835-862 (with F. Aiello and L. Leonida).

On the Adoption Decision and Intra-Firm Diffusion of Complementary Innovations: Evidence from UK Establishments, Research Policy 38, 1326-1339, 2009 (with G. Battisti).

The UK productivity gap. Do management practices matter? International Journal of Productivity & Performance Management 2009, Volume 58 (8), 727-747 (with G. Battisti).

O convergence where art thou? Regional growth and industrialization in Italy, Journal of Modern Italian Studies 13 (3), 366-387, 2008 (with L. Leonida and G., Sobbrio).

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