  ![](https://preprod.neoma-bs.com/sites/default/files/uploaded_images/profs-neoma_0.png)# DUBREUILLE Stéphane

 

 

 
		{
			"@context": "https://schema.org",
			"@type": "BreadcrumbList",
			"itemListElement": [
		        {
            "@type": "ListItem",
            "position": 1,
            "name": "Home",
            "item": "https://preprod.neoma-bs.com/"
        },		        {
            "@type": "ListItem",
            "position": 2,
            "name": "DUBREUILLE\u0020St\u00E9phane",
            "item": "https://preprod.neoma-bs.com/node/8397.md"
        }				]
	}
	 - [Home](https://preprod.neoma-bs.com/)
- DUBREUILLE Stéphane
 
  

 

    ![](/sites/default/files/styles/large/public/uploaded_images/photos_academ/1103-dubreuille-stphane.jpg?itok=rg-DhBG0)DUBREUILLE Stéphane

 Full Professor

  

 <stephane.dubreuille@neoma-bs.fr> 

 

 

 

 - About
 - Academic publications
 
  

 

    [Finance](https://preprod.neoma-bs.com/departements/finance) 

    HDR (Authorization to supervise research), Business Administration, Finance 

 

Stéphane DUBREUILLE, PhD, CFA, is Director of the Executive Education and Professor of Finance at NEOMA Business School, where he teaches managerial finance in the Executive MBA and Master of Science programmes, and financial assets valuation in the CFA© (Chartered Financial Analyst) programmes. After ten years of experience working in the Paris Stock Exchange and two years at the Anderson Graduate School at UCLA (University of California Los Angeles), Stéphane Dubreuille joined NEOMA BS as the coordinator of the CFA© programmes. Stéphane Dubreuille is the author of various books, in particular on value creation and market finance at Peason Editions, and of articles on issues such as intangibles valuation, portfolio management and financial markets microstructure published in International Journal of Business, Finance Contrôle Stratégie, Banque et Marchés or International Research Journal of Applied Finance. He is member of AFFI, CFA France and operates regularly as reviewer in PhD defenses.

 

 ###  Areas of research 



- Intangibles Valuation
- Value Creation
- Wealth Management
 
  

 

##   Recent academic contributions  

 DUBREUILLE, S., A. DUMESNIL, M. RUIZ, "Valorisation du capital humain" in *Evaluation d'actifs - Nouvelles approches, nouveaux domaines*., Jean-Michel Huet &amp; Franck Pignède Ed., Pearson Education, pp. 153-176, 2023 

 DUBREUILLE, S., "Tackling a unique challenge", *The European*, April 2021 

 DUBREUILLE, S., "Evaluation d'Entreprise" in *Analyse financière internationale - Stratégie, évaluation financière et gestion d'actifs*., Catherine Karyotis Ed., Gualino, pp. 169-192, 2020 

 

 

 

##   Publications  

 DUBREUILLE, S., "Tackling a unique challenge", *The European*, April 2021 

 DUBREUILLE, S., M.CHERIF, M.BELLALAH , "Real Options: An Alternative Valuation Model for the U.S. REIT Market", *International Journal of Business*, 2016, vol. 21, no. 1, pp. 42-54 

 DUBREUILLE, S., F.LEROY, "Taux Négatifs : Quelles conséquences pour les banques et les entreprises ?", *Analyse financière*, July 2016, no. 60, pp. 43-47 

 MCHAWRAB, S., M. M. ALBOUY, M. KERGOAT, S. DUBREUILLE, "Les dessous de l’évaluation des entreprises high tech ", *Finance Contrôle Stratégie*, July 2015, vol. 18, no. 2 

 DUBREUILLE, S., S.FOURNEAUX, S.MCHAWRAB, "Un modèle alternatif de valorisation des sociétés immobilières cotées", *La Revue du Financier*, February 2014, no. 204-205 

 DUBREUILLE, S., S.FOURNEAUX, S.LLEO, "Is Real Estate a Good Way to Diversify in Times of Financial Crisis?", *International Research Journal of Applied Finance*, March 2012, vol. 3, no. 3, pp. 364-375 

 DUBREUILLE, S., H. M.MAI, "Impact of European and American Business Cycle News on Euronext Trading", *International Journal of Business*, April 2009, vol. 14, no. 2, pp. 123-136 

 DUBREUILLE, S., "Impact des informations macroéconomiques américaines sur Euronext", *Revue Banque &amp; Marchés*, March 2007, no. 87, pp. 6-14 

 DUBREUILLE, S., R.GILLET, C.RAKOTOMALALA-KHAROUBI, "Futures sur électricité : analyse du marché français et impact de la structure de dépendance empirique en matière de diversification", *Revue Banque &amp; Marchés*, September 2007, no. 90, pp. 44-51 

 DUBREUILLE, S., R.GILLET, "Les bourses traditionnelles face à la concurrence des systèmes de transaction alternatifs", *Revue Bancaire et Financière*, June 2004, no. 104, pp. 200-205 

 DUBREUILLE, S., "L'impact sur la liquidité de la mise en place d'une cotation électronique des contrats MATIF", *Revue Banque &amp; Marchés*, September 1999, no. 4 

 

 

 

##   Others  

 DUBREUILLE, S. - "Les formations courtes des écoles de commerce et d’ingénieurs pour les professionnels - Citation - Studyrama" - 2020, Paris 

 

 

 

##   Chapters  

 DUBREUILLE, S., A. DUMESNIL, M. RUIZ, "Valorisation du capital humain" in *Evaluation d'actifs - Nouvelles approches, nouveaux domaines*., Jean-Michel Huet &amp; Franck Pignède Ed., Pearson Education, pp. 153-176, 2023 

 DUBREUILLE, S., "Evaluation d'Entreprise" in *Analyse financière internationale - Stratégie, évaluation financière et gestion d'actifs*., Catherine Karyotis Ed., Gualino, pp. 169-192, 2020 

 

 

 

##   Conferences  

 KARYOTIS, C., S.DUBREUILLE, S.FOURNEAUX, "Le « Grand Bouleversement » des bourses : une stratégie du low-cost appliquée à la finance" in *« Gestion des organisations et systèmes financiers : quel modèle pour l’Afrique du 21ème siècle? »- COSIS*, 2019, Dakar, Senegal 

 DUBREUILLE, S., S.FOURNEAUX, "Breakthrough in financial markets: Low-cost strategies in finance industry" in *World Finance Conference*, 2019, Santiago, Chile 

 DUBREUILLE, S., M.CHERIF, S.FOURNEAUX, J.ONOCHIE, "Venture Capital Performance Under Funds of Funds Monitoring" in *World Finance Conference*, 2016, New York, United States 

 DUBREUILLE, S., S. MCHAWRAB, M. KERGOAT, "The valuation puzzle of IT companies" in *International Conference on Finance and Banking (IFMA)*, 2013, Indonesia 

 FOURNEAUX, S., S. DUBREUILLE, S. LLEO, "Is Real Estate a Good Way to Diversify in Times of Financial Crisis?" in *III World Finance Conference*, 2012, Brazil 

 TARNAUD, N., S.FOURNEAUX, S.DUBREUILLE, "L'impact du métro sur la valeur d'un actif immobilier" in *Colloque du GIS Modèlisation Urbaine, La modélisation des flux au service de l'aménagement urbain*, 2012, France 

 DUBREUILLE, S., "Impact of European and American Business Cycle News on Euronext Trading" in *19th Australasian Finance and Banking Conference*, 2006, Australia 

 

 

 

##   Books  

 KARYOTIS, C., J.-M.BÉGUIN, S.DUBREUILLE, S.FOURNEAUX, J.-C.MAZZONI , *Aide-mémoire - Gestion de patrimoine*, Editions Dunod, Paris, France, 2017 

 DUBREUILLE, S., M.RUIZ, *Level III CFA (r) Summary Notes*, Top Finance by Morgan Intl, 2016 

 KARYOTIS, C., S. DUBREUILLE, *Introduction à la finance de marché*, Pearson, London, United Kingdom, 2015 

 DUBREUILLE, S., M. CHERIF, *Création de valeur et capital-investissement*, Collection Synthex, 2005 

 DUBREUILLE, S., *Liquidités et formation des prix sur le MATIF*, Collection Recherche en gestion, 2000 

 

 

 

##   Conference contributions  

 DUBREUILLE, S., S.LLEO, S.MCHAWRAB, "Schwartz and Moon Valuation Model: Evidence from IT Companies" in *Midwest Finance Association Annual Meeting*, 2012, United States 

 

 

 

##   Research seminars  

 DUBREUILLE, S., M.MAI HUU, "Trading and information on Euronext" *20e Conférence Internationale de l'Association Francaise de Finance*. 2003, France 

 DUBREUILLE, S., M.MAI HUU, "Impact of US macroeconomic news announcements on Euronext trading" *Séminaire de recherche*. 2003, France 

 DUBREUILLE, S., "An european comparison of the short rate interest future contracts" *5th Conference of the Swiss Society for Financial Market Research*. 2002, Switzerland 

 DUBREUILLE, S., M.MAI HUU, "Introductions en Bourse à Paris : caractéristiques et performances" *Séminaire Introductions en Bourse*. 2001, France 

 DUBREUILLE, S., L.FOURNIER, "Life ou EUREX : quel leader européen sur le contrat Euribor 3 mois ?" *Bourse de Paris à l'Association Francaise de Finance (AFFI)*. 2000, France 

 DUBREUILLE, S., "Optimal strategies on futures markets" *Accounting and Finance Benchmarking Consortium*. 2000, Australia 

 DUBREUILLE, S., "Price formation and liquidity on futures markets" *APFA Shanghai (Asia-Pacific Finance Association)*. 2000, China