Jocelyn MARTEL

Professor
department: Finance
Campus de Cergy
+33 (0)1 34 43 33 21
Corporate Finance – Investments & Asset Pricing – Financial Markets & Institutions
Career
Biography

Jocelyn is Full Professor of Finance at the ESSEC Business School. His fields of expertise are financial theory, firm valuation and bankruptcy and corporate restructuring. He teaches in the MSc in Management and the Master in Finance.

He joined ESSEC Business School on a full-time basis in 2009 after having spent 13 years at the University of Cergy-Pontoise (UCP) during which he also occupied a visiting position at ESSEC. He was Head of the Finance School of the UCP and Founder and Head  of the International Master in Finance at the UCP (joined with California State University – Stanislaus). He is also member of the research unit THEMA. At ESSEC, he created and managed the MSc in Finance and was Assistant Academic Director of the Master in Financial Techniques for 13 years. He was Head of the Finance Department at ESSEC from 2012-16.

Jocelyn completed a Ph.D. in Economics at the University of Montreal in 1994 with a specialization in financial economics.  He is  an active researcher and has published in leading international journals in finance and law & economics in the area of corporate bankruptcy. He also acted as an advisor for many national governments on issues related to bankruptcy law. He has been visiting at the University of Sydney every year since 2007.

He is currently Head of the ESSEC – Amundi Chair in Asset & Risk Management, Director of the European Financial Data Institute (EUROFIDAI) and Co-President of the Paris December Finance Meeting. He is also a Fellow of the Institut Louis Bachelier (ILB).

Diplomas

  • 2008: Habilitation à diriger des recherches (HDR) (Université Cergy-Pontoise France)
  • 1994: Ph.D. Economics (Université de Montréal Canada)
  • 1985: M.Sc. Economics (Université de Montréal Canada)
  • 1984: B.A. Economics (Université Laval Canada)
Career
Other appointments
    • 2022 – Now : European Financial Data Institute (EUROFIDAI) (ESSEC Business School France)
    • 2012 – 2016 : Head of Finance Department (ESSEC Business School France)
    • 2000 – 2002 : President of the network IUP Banque – Finance and Insurance France (Réseau IUP Banque France)
    • 1994 – 1996 : Post-doctoral researcher (CIRANO Canada)
Other Academic Appointments
    • 2018 – 2019 : Academic Director, MSc in Finance (ESSEC Business School France)
    • 2016 – 2025 : Head of the ESSEC Amundi Chair in Asset & Risk Management (ESSEC Business School France)
    • 2004 – 2009 : Director and Program Designer, Master in Finance – International Program (Université Cergy-Pontoise France)
    • 2003 – 2014 : Assistant Academic Director MS Financial Techniques (ESSEC Business School France)
    • 1997 – 2002 : Director, School of Finance (IUP) (Université Cergy-Pontoise France)
    • 1997 – 2009 : Visiting Professor (ESSEC Business School France)
Full-time academic appointments
    • 2012 – Now : Professor (ESSEC Business School France)
    • 2009 – 2012 : Associate Professor (ESSEC Business School France)
    • 1996 – 2009 : Associate Professor (Université Cergy-Pontoise France)
Professional appointments
    • 1990 – 1992 : Economist and Project Leader (Transport Canada Canada)
    • 1988 – 1990 : Economist and Policy Assistant (Consumer and Corporate Affairs Canada Canada)
Distinctions

Awards

  • 2020 : Top-3 ESSEC Preferred Professors (2020)
  • 2016 : Top-5 ESSEC Preferred Professors (2016)
  • 2014 : Top-10 ESSEC Preferred Professors (2014)
  • 2013 : Top-10 ESSEC Preferred Professors (2013)

Grants

  • 2016 : CERESSEC Research Grant
  • 2014 : CERESSEC Research Grant
  • 1994 : Post-doctoral Fellowship, Centre Inter-universitaire en Analyse des Organisations (CIRANO) (Canada)
  • 1992 : Doctoral Fellowship, CRDE (Université de Montréal, Canada)
  • 1985 : Doctoral Fellowship, Fonds FCAR (Québec) (Canada)
Research

Journal articles

Presentations at an Academic or Professional conference

Working Papers

Teaching

Thesis jury member

  • 2018 : Essai sur la gestion d’actifs à l’international: Evaluation en présence de frictions et diversification (Université de Picardie – Jules Verne France)
  • 2014 : Four Essays on the Bankruptcy Mechanism: Legal and Economic Aspects (Université Strasbourg I France)
  • 2011 : La détresse financière des entreprises: trajectoire du déclin et traitement judiciaire (Université Strasbourg I France)
  • 2011 : Essays on Corporate Default Process: UK and France (Université Strasbourg I France)
  • 2009 : Les problème d’évaluation, la création de valeur et la performance des fonds (Université Cergy-Pontoise France)
  • 1997 : Quel doit être le degré de clémence de la loi sur les défaillances d’entreprises? (Université de Toulouse France)

Thesis referee

  • 2018 : Corporate Social Responsibility and Shareholder Activism (ESSEC Business School France)

PhD student

  • 2009 : (Université Cergy-Pontoise France)
Other activities
Research activities
  • Editorial Board Membership
    • 2022 – Now: Editorial board membership – Finance Contrôle Stratégie
    • 2009 – Now: Editorial board membership – Journal of Empirical Legal Studies
Professional activities
  • Consulting
    • 2010 – 2010: “On the Effect of Changing the Priority of Long Term Disability Claims in the BIA”, Industry Canada, July 2010 (co-author: T. Fisher)
    • 2010 – 2010: “On the Effect of Changing the Priority of Pension Claims in the Bankruptcy and Insolvency Act”, Industry Canada, March 2010 (co-author: T. Fisher)
    • 2010 – 2010: International expert in charge of evaluating the project “Rehabilitating insolvent firms: law and economics”, K. Schoors & M. Tisons for the Belgian Science Policy.
    • 2005 – 2005: “The Economics of Financial Reorganization”, Industry Canada, March 2005 (co-author: T. Fisher)
    • 2000 – 2010: Expert in corporate restructuring, GIRAM vs. Bank of Montreal, Quebec Superior Court ( Canada)
    • 1998 – 1998: “Bankruptcy, Efficiency and the Knowledge-Based Economy”, Industry Canada, Dec. 1988 (co-author: T. Fisher)
    • 1997 – 1997: “Estimation des recettes pour le réseau de bus de Cergy-Pontoise”, STIVO, July 1997 (co-author: A. de Palma and O. Mekkaoui)
Theses
  • – : Ayadi Rim (Université Cergy-Pontoise), Thesis director, Reorganization of Bankrupt Firms in France: Financial and Econometric Analysis
  • 2018 : DAMMAK F. A. (Université de Picardie – Jules Verne), Thesis jury member, Essai sur la gestion d’actifs à l’international: Evaluation en présence de frictions et diversification
  • 2011 : Fimayer Agnes (Université Strasbourg I), Thesis jury member, La détresse financière des entreprises: trajectoire du déclin et traitement judiciaire
  • 2009 : Mnejja Anis (Université Cergy-Pontoise), Thesis jury member, Les problème d’évaluation, la création de valeur et la performance des fonds
  • 2011 : Nigam Nirjahr (Université Strasbourg I), Thesis jury member, Essays on Corporate Default Process: UK and France
  • 1997 : Recasens Gilles (Université de Toulouse), Thesis jury member, Quel doit être le degré de clémence de la loi sur les défaillances d’entreprises?
  • 2014 : Stef Nicolae (Université Strasbourg I), Thesis jury member, Four Essays on the Bankruptcy Mechanism: Legal and Economic Aspects
  • 2018 : WEI J. (ESSEC Business School), Thesis referee, Corporate Social Responsibility and Shareholder Activism