Jay R. Ritter is the Joseph Cordell Eminent Scholar in the Department of Finance at the University of Florida. He holds a Ph.D. in economics and finance from the University of Chicago (1981), and has previously taught at Wharton, Michigan, Illinois, and the M.I.T. Sloan School. Prof. Ritter is best known for his articles concerning equity issuance, including "The Long-Run Performance of Initial Public Offerings," which won the Smith Breeden Award for the best article in the Journal of Finance during 1991, and "The Marketing of Seasoned Equity Offerings" with Xiaohui Gao, which won the Jensen Prize for the best corporate finance article in the Journal of Financial Economics in 2010. His paper with Rongbing Huang, "Testing Theories of Capital Structure and Estimating the Speed of Adjustment" won the Journal of Financial and Quantitative Analysis Sharpe Award for the best article published in 2009. He has served as a Director of the American Finance Association, and is President-elect of the Financial Management Association. Prof. Ritter is an Associate Editor of numerous academic journals. He has also consulted on valuation and market manipulation cases, as well as securities issuance, and is frequently quoted in the financial press. He is a frequent visitor to Asia, Australia, and Europe.

Pablo Fernández López career at IESE started in 1985. Today he is professor in the department of financial management and holder of IESE?s PricewaterhouseCoopers Corporate Finance Chair. He is also visiting professor at the Piura (Peru), INALDE (Colombia), IAE (Argentina), IEEM (Uruguay) and IPADE (Mexico) Business Schools. In addition, he carries out extensive consultancy work for numerous firms and banks. Prof. Fernández López was awarded his Ph.D. in Business Economics from Harvard University. He also holds an M.B.A. from IESE and a degree in industrial engineering from the University of Navarra in San Sebastian. Before embarking on a career in academia, he was the financial analyst and financial coordinator of Pepsi Cola for the south of Europe (Portugal, Spain, Italy, Libya and Malta) in Spain, a position he also held in Rome. Among other important appointments, Prof. Fernández López was a member of the jury that awarded the sixth ACECA prize for outstanding articles on corporate accounts and administration (2000) and was also on the board of the McKinsey best Internet project award (2000). In 2004, he received the IESE award for outstanding research. Earlier in his career he received the BARRA award for a project he undertook under the aegis of the Institute for Quantitative Investment Research (INQUIRE) titled "Convertible Bonds in Spain: a Different Security" (1991). Prof. Fernández López is a widely published author with an impressive list of book chapters, working and research papers, case studies, technical notes and journal articles on his curriculum. Recent book chapters include "Valuation of Brands and Intellectual Capital" in Brand Valuation -Concepts and Applications (2005). In June 2006 he published the article "A New Formula for Value Creation" in the prestigious Financial Times.