Julian Franks is Professor of Finance at the London Business School, having taught at the University of North Carolina at Chapel Hill, Berkeley, and UCLA. Professor Franks is a member of joint DTI-Treasury working party reviewing the insolvency code and of the Company Law Review's working party examining corporate governance. He is Associate Editor of Journal of Empirical Finance, European Journal of Financial Management, Journal of Corporate Finance, and the Journal of Financial Services Research. He is a member of various advisory boards including Stern Stewart and PWC. He has published widely in scholarly journals and outreach publications.