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Ken L. Bech­mann

Professor

Emner
Bestyrelse Finansiering Værdipapirer Værdiansættelse ESG Virksomheder

Primary research areas

Cor­por­ate Fin­ance
Cap­it­al struc­ture, Cost of cap­it­al, Pay­out policy, Valu­ation, Real op­tions.
Ex­ec­ut­ive pay
In­cent­ive based com­pens­a­tion, bo­nuses, equity pay, stock op­tions.
Fin­an­cial mar­kets
Risk premi­um, il­li­quid­ity, valu­ation, fin­an­cial se­cur­it­ies, mu­tu­al funds.

My re­search fo­cuses on the Dan­ish busi­ness en­vir­on­ment

Ken L. Bechmann has researched the Danish business environment for many years. His work has attracted significant media attention and has informed new regulations and official recommendations.

He has served on numerous expert committees and has advised institutions such as the National Audit Office (Rigsrevisionen), the Committee on Corporate Governance, various ministries, and the Danish Financial Supervisory Authority (Finanstilsynet) on financial matters. He has also acted as an expert judge and appraiser in several legal cases.

Ken is a co-founder of the Board Leadership Society at CBS and Editor-in-Chief of the Danish finance journal Finans/Invest.

He has served as a board member and chairman of several Danish companies and funds and has received both international and Danish awards for his teaching and research.  

Publications

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15. marts 2005

Optionsaflønning af bestyrelse og direktion i Smallcap, MidCap og KFX selskaberne

Ken L. Be­ch­mann, Professor

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2005

Rating Mutual Funds

Construction and Information Content of an Investor-cost Based Rating of Danish Mutual Funds

Ken L. Be­ch­mann, Professor

Jes­per Rang­vid, Professor

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2005

Taxable Cash Dividends

A Useful Way of Burning Money

Ken L. Be­ch­mann, Professor

Johannes Raaballe
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Links

Link to the Dan­ish fin­ance journ­al Fin­ans/In­vest.
Finans/Invest

Outside activities

Board mem­ber, CS Pen­sion , 2023 -

Chair­man , 2025 -

In­ves­ter­ings­for­en­in­gen IA In­vest & Great Dane, Mu­tu­al funds

Board mem­ber CFA So­ci­ety Den­mark (Fin­ans­for­en­in­gen) , 2012 -

Fac­ulty mem­ber , -

Fac­ulty mem­ber at the CBS Board Edu­ca­tion and found­ing mem­ber of The Board Lead­er­ship So­ci­ety

Ex­ec­ut­ive ed­it­or , 2014 -

Ex­ec­ut­ive ed­it­or, Fin­ans/In­vest, the lead­ing Dan­ish fin­ance journ­al

Ex­tern­al pro­fess­or , 2012 -

Ex­tern­al pro­fess­or (teach­ing EMBA and MBA courses in Cor­por­ate Fin­ance), Man­nheim Busi­ness School

Ex­tern­al pro­fess­or , 2017 -

Ex­tern­al pro­fess­or (teach­ing MBA courses in Cor­por­ate Fin­ance), Uni­ver­sity of St.Gal­len

Board mem­ber , 2020 - 2022

Board mem­ber, Dan­ish Fin­an­cial Su­per­vis­ory Au­thor­ity (Fin­an­stilsyn­et)

Lec­turer , 2017 -

Course on Valu­ation and M&A, FSR - Dan­ish Aud­it­ors

Lec­turer , 2007 -

Lec­turer, Danske Byggeøkonomer

Au­thor and mem­ber of com­mit­tees , -

Au­thor of dif­fer­ent ex­pert re­ports and mem­ber of dif­fer­ent ex­pert com­mit­tees

Sur­vey and valu­ation ex­pert , -

Sur­vey and valu­ation ex­pert in sev­er­al court cases

Con­sult­ant , -

Con­sult­ant for sev­er­al dif­fer­ent com­pan­ies and funds