Professor with special responsibilities
, Ph.D.
Ken L. Bechmann
Department of Finance
Solbjerg Plads 3, A5
2000 Frederiksberg
Denmark
Tel.: + 45 3815 2953
Fax:+45 3815 3600
E-mail:
kb.fi@cbs.dk
Link to this homepage:
uk.cbs.dk/staff/kbechmann
Affiliated with
Danish Center for Accounting and Finance (D-CAF)
and
Center for Corporate Governance
Corporate finance/corporate governance
Capital structure theory
Financial markets – the stock market
Market microstructure
Primary research areas
- Option based compensation
- Dividend policy
- Stock splits and stock dividends
- Calls of convertible bonds
- Mutual funds
- Announcement effects on the Danish Stock Market
Administrative functions
Member of HD-F study board
Medlem af Cand.merc. studienævn
Selected publications
Bechmann, K. L. and T. Hjortshøj (2008), “Disclosed Values of Option-Based Compensation – Incompetence, Deliberate Underreporting or the Use of Expected Option Life”, forthcoming, European Accounting Review.
Bechmann, K. L. and J. Rangvid (2007), “Rating mutual funds: Construction and information content of an investor-cost based rating of Danish mutual funds”, Journal of Empirical Finance, vol. 14: 662-693.
Bechmann, K. L. and J. Raaballe (2007), “The Differences Between Stock Splits and Stock Dividends – Evidence on the Retained Earnings Hypothesis”, Journal of Business, Finance, and Accounting, vol. 34 (3&4): 574-604.
Bechmann, K. L. (2004), “Short Sales, Price Pressure, and the Stock Price Response to Convertible Bond Calls”, Journal of Financial Markets, 7 (4): 427-451.
Last updated by Communications & Marketing 23/09/2010