Ricardo Ferreira Reis is Senior Affiliate Professor and Director of the Center of Applied Studies (CEA) of Catolica Lisbon Business and Economics. He holds a PhD in Business Science and Applied Economics, Wharton School, U. Pennsylvania, USA and a Licenciatura in Economics, University of Porto. He teaches Financial Accounting at the MBA, Undergraduate and Executive Education levels. His areas of interest in research are based on informational economics, with an emphasis on Accounting, ranging from agency theory to corporate governance. He previously taught both Cost and Financial Accounting at The Wharton School. Before that, he was attending the Doctorate and Masters Degree in Economics at Universidade Nova in Lisbon, where he also taught a wide range of courses in Economics and Business. He has been a consultant for the then Lisbon Stock Exchange and the Porto Derivatives Exchange and he worked as a credit risk analysts for investment banking earlier in his career.