Massimo Regalli

Massimo Regalli is a Full Professor (Professore di I fascia) in Financial Intermediaries Economics (SECS-P/11) at the Department of Economics and Management, University of Parma, Italy, having attained National Scientific Qualification for Full Professor in 2014. He has held continuous academic positions at the university since 2002, including Assistant Professor (2002-2005) and Associate Professor. Active through the 2025/2026 academic year, he teaches Financial Policy, Governance and Risk Management, and Business Planning in Second Cycle degrees. He is a member of AIDEA (Italian Academic Association of Business Economics) and ADEIMF (Italian Association of Teachers of Financial Intermediaries and Markets), and serves on boards for INSV (National Verdian Studies Institute) and EMIS Doctoral Program (Economics and Management of Innovation and Sustainability).

Education

• Ph.D. in Financial Markets and Institutions, University of Siena (2000); Thesis: "I titoli delle Pmi e l’efficienza del mercato" (Securities of SMEs and Market Efficiency).
• Degree in Economics with full marks, University of Parma (1996); Thesis: "La quotazione nella teoria della finanza" (Quotation in Financial Theory).

His research centers on financial intermediaries, corporate finance, and risk management with specialized expertise in real estate finance, tax planning, microcredit systems, and art investment. Recent work examines brand revaluation fiscal strategies, fixed capital financing structures, and competitiveness defense mechanisms, consistently bridging theoretical finance with practical business applications. He investigates market efficiency implications across SME securities, real estate planning, and alternative asset classes while addressing financial policy implementation challenges in non-financial corporations.

2019-2023 publications reveal a strategic focus on niche financial applications: real estate business planning (2023), fixed capital financing (2022), and brand tax optimization (2022) dominate, with competitiveness defense (2020) and art investment (2019) showing interdisciplinary expansion. This trajectory demonstrates deepening application of financial theory to specific asset classes and market inefficiencies.

Scientific Awards

• The G. Falcone Award by Assilea (2001) for working paper on real estate sale and leaseback.
• Post-Doc Research Fellowship at University of Parma (2001) studying lock-up periods and market efficiency.
• Ph.D. Fellowships at University of Siena (1997-1999) in Financial Markets and Institutions.

Regalli actively mentors students through his Second Cycle degree teaching and EMIS Doctoral Program board membership (joint University of Parma/University of Ferrara), guiding research in finance and sustainability. While specific grant details beyond his fellowships are unlisted, his award-winning work on sale and leaseback demonstrates successful research funding. Administrative leadership includes serving as Rector's Delegate for Student Services (2016-2017) and departmental board roles.

Embedded within the Department of Economics and Management, he contributes to the CSIBE (Computer and Library Services Center for Economics Faculty) and EMIS Doctoral Program boards. These roles facilitate resource coordination for the economics school and oversee doctoral research in innovation/sustainability, connecting him with cross-institutional teams at University of Ferrara.