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Roland Gillet

Part-time Faculty

Contact address :

17, Rue de la Sorbonne - UFR 06 Gestion Sorbonne
75005 Paris
roland [dot] gillet [at] univ-paris1 [dot] fr

Contact address (private) :

Rue de la Gare, 10/5
6980 La Roche-en-Ardenne

Main affiliations

Professor of Finance at the Sorbonne (Paris 1) and ULB (Solvay)

Scientific adviser for various public and private authorities

Member of



Master and Doctor of Economics (UCL)

Bachelor of Economics (ULg)

Short bio

Roland Gillet is Doctor of Economics (PhD), UCL. He conducted his PhD under the direction of Alexis Jacquemin (Francqui Prize in 1983) and Franco Modigliani (Nobel Prize in Economics in 1985). He also came first in the French national competitive exam to teach management science at university level (Concours National Français d'Agrégation de l'Enseignement Supérieur Universitaire en Sciences de Gestion). He is currently Professor of Finance at the Sorbonne, where he is in charge of the Professional Master in Financial Management and Taxation, a member of the finance team of the PRISM laboratory and a member of the scientific committee of the “Financial Regulation” ("Régulation Financière" - ReFi) Labex. He is also a full professor at the Solvay Brussels School of Economics and Management at the Université Libre de Bruxelles.

In addition, he is – or was – professor and/or visiting fellow/researcher at various universities worldwide: for instance, at the University of Warsaw in Poland; at the Université de Sherbrooke in Canada; at Fudan University in Shanghai, China; and at Harvard University and M.I.T. in the United States.

He is the author of several books/works and numerous articles in leading scientific journals (for example: Journal of Banking and Finance, Journal of Business, Finance and AccountingFinance, International Journal of Business, European Financial Management) relating to portfolio management, investment decision, financial assets pricing, and the efficiency and microstructure of financial markets. He is a member of the editorial or reading committee of various scientific journals in the field of economics and management, and was also nominated chairman of the Research Laboratory Evaluation Committee by the Agence d'Evaluation de la Recherche et de l'Enseignement Supérieur (AERES).

He is the director of the "Synthex" and "L-M" collections of books & manuals on Management Science and Economics, published by Pearson.

He is an academic representative on the Euronext indices committees as well as scientific adviser for various public and private authorities.


Latest publications

Sodjahin, A., Champagne, C., Coggins, F. & Gillet, R. (2017). Leading or lagging indicators of risk? The informational content of extra-financial performance scores. Journal of asset management, 18(5), 347-370.

Gillet, R., Ligot, S., & Omidi Firouzi, H. (2017). The challenges and implications of the Markets in Financial Instruments Directive (MiFID) and of its revision (MiFID II, MiFIR) on the efficiency of financial markets in Douady, R., Goulet, Cl., Pradier, P-C (Eds.). Financial Regulation in the EU: From resilience to growth, 151-198.

Selected works

(View all publications)

  • Chrissos, J., & Gillet, R. (2016). Décision d'investissement. Paris: Dareios.

  • Gillet, R., Cobbaut, R., & Hübner, G. (2015). La Gestion de portefeuille - Instruments: Instruments, stratégie et performance. de Boeck Supérieur.

  • Gillet, R., Hübner, G., & Plunus, S. (2015, December 15). Equivalent Risky Allocation : The New ERA of risk measurement for heterogeneous investors. American Journal of Industrial and Business Management, 5, 351-365.

  • Plunus, S., Gillet, R., & Hübner, G. (2012, September). Reputational damage of operational loss on the bond market: Evidence from the financial industry. International review of financial analysis, 24, 66-73. doi:10.1016/j.irfa.2012.07.007

  • Gillet, R., & de La Bruslerie, H. (2010, September). The consequences of issuing convertible bonds: Dilution and/or financial restructuring? European Financial Management, 16(4), 552-584. doi:10.1111/j.1468-036X.2008.00464.x

  • Gillet, R., Hübner, G., & Plunus, S. (2010, January). Operational risk and reputation in the financial industry. Journal of banking & finance, 34(1), 224-235. doi:10.1016/j.jbankfin.2009.07.020

  • Gillet, R., Lapointe, M.-A., & Raimbourg, P. (2008, April). Dividend policy and reputation. Journal of business finance & accounting, 35(3-4), 516-540. doi:10.1111/j.1468-5957.2008.02074.x

  • Farber, A., Gillet, R., & Szafarz, A. (2007). A general formula for the WACC: a reply. International Journal of Business, 12(3), 405-411.

  • Dubreuille, S., Gillet, R., & Kharoubi, C. (2007). Electricity futures: analysis of the french market and impact of the empirical dependance structure on diversification. RB Bankers, markets, investors, 90, 44-51.

  • Farber, A., Gillet, R., & Szafarz, A. (2006). A general formula for the WACC. International Journal of Business, 11(2), 211-218.

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