Web Profile

Maria Guadalupe

Associate Professor of Economics and Political Science

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+33 (0)1 60 72 48 10


Maria Guadalupe is an Associate Professor in the Economics and Political Science department at INSEAD and a member of the European Competitiveness Initiative at the school. Maria obtained a PhD in economics from the London School of Economics in 2003. Prior to joining INSEAD in 2012, she was an Associate Professor in the Economics and Finance department at Columbia Business School where she held the Sanford C. Bernstein & Co. Chair in Leadership and Ethics. Maria has also been a visiting scholar at MIT and Princeton and is currently a research fellow at the Center for European Policy Research (CEPR) and the IZA. She is also a member of the Strategy Research Initiative.

Maria has taught MBA and Executive MBA courses on “Strategy, Structure and Incentives”, “Strategy and Regional Competitiveness”, “Growth and Sustainability in Brazil” as well as PhD courses in “Industrial Organization” and “Organizational Economics”.

Her research is on the interactions between firms’ organizational choices and markets, with a focus on firm performance. She has studied how globalization and the competitive environment faced by firms shape their internal organizational choices, including pay levels, incentives, executive compensation and hierarchical structures. She has also studied the effect of corporate governance arrangements on firm performance. Her more recent work focuses on how multinationals select their foreign targets and the productivity consequences of the changes in firm boundaries.

Maria’s work has been published in top economics, finance and management journals, such as the American Economic Review, Journal of Finance, Journal of Labor Economics, and American Economic Journal: Applied.
She has been awarded a number of prizes for her contributions to research including the Brattle Distinguished Paper prize awarded by the American Finance Association and the Jaime Fernandez de Araoz prize in Corporate Finance among others.
Her research has been published in top economics and finance journals,

Research Areas

Organizational Economics; Personnel Economics; Corporate Governance and Executive Compensation; Multinational Production and Innovation.


Industrial Organization (PhD); Organizational Economics (PhD); Growth and Sustainability in Brazil (MBA).

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