Javier Sánchez Vidal has a degree in Economics and Business Administration (Economics) from the University of Murcia. In the last year of the career he studied at the Università degli Studi del Molise (Campobasso, Italy) with an Erasmus grant. He has a Master of Money, Banking and Finance from the Sheffield University Management School (UK). He has a PhD in Economics from the Polytechnic University of Cartagena. His research covers various fields, related to capital structure, the study of cash Holdings, corporate governance and econometrics, among others. In several of his works he has addressed the financial policy of younger companies. He has made three stays: two at the Department of Scienze Aziendali at the University of Bologna (Italy) and another at the Trinity College in Dublin. He has presented his work in numerous congresses of Finance and Accounting, both national and international: European Accounting Association, FMA, etc. He has been a member of the organizing committee of two international congresses. He has published articles in the Review of Quantitative Finance and Accounting, Journal of Banking and Finance, Journal of Business Economics and Management, Economic Modeling and Journal of Business Research and has been a reviewer in leading international journals.