kbfi

Department of Finance

Ken L.
Bechmann
Professor
,
Ph.D, Member of Blue MBA study board


Room: SOL/A5.19
Tel:
+4538152953
E-mail: kb.fi@cbs.dk
Presentation

My research interests are within corporate finance and corporate governance and include many hot topics like executive compensation, incentive-based pay, pay-out policy, and corporate governance in the Danish banking sector. Much of the research has received extensive attention in the media and has been used in connection with recent work on changing recommendations and regulations. In addition, I have received different awards for the practical relevance of my research and for the dissemination of the research.  

Primary research areas
  • Corporate Finance
  • Corporate Governance
  • Executive compensation
  • Incentive based compensation
  • Pay-out policy
Link to this homepage
www.cbs.dk/en/staff/kbfi
Courses

Advanced Economics and Finance (elite) program
Ph.D. program in finance
Private Equity at the HD(F) evening program
Advanced Corporate Finance at the EngAGE program

Supervision

Supervising several master thesis and one Ph.D.-student

Other teaching activities

Many specialized courses and talks for the industry.

Selected publications
  • Bechmann, K. L. and J. Raaballe (2010) “Taxable Cash Dividends – A Money Burning Signal”, European Journal of Finance, Vol. 16 (1): 1-26.
  • Bechmann, K. L. and T. Hjortshøj (2009), “Disclosed Values of Option-Based Compensation – Incompetence, Deliberate Underreporting or the Use of Expected Option Life?”, European Accounting Review, Vol. 18 (3): 475-513.
  • 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 (5): 662-693.
  • Bechmann, K. L. (2004), “Short Sales, Price Pressure, and the Stock Price Response to Convertible Bond Calls”, Journal of Financial Markets, Vol. 7 (4): 427-451.
Publications sorted by:
2021
Ken L. Bechmann / Bankernes Kurs/Indre værdi : Lave indtjeningsforventninger eller for dårlig kapitalisering?.
In: Finans/Invest, No. 2, 2021, 7 p., p. 2-5, 19, 31
Editorial > peer review
Ken L. Bechmann / Finans/Invest Årsrapport 2020
In: Finans/Invest, No. 1, 2021, 2 p., p. 34-35
Editorial
Ken L. Bechmann / Mistilliden til finanssektoren : Årsager, konsekvenser og vejen frem.
In: Finans/Invest, No. 3, 2021, 8 p., p. 2-6, 13, 31
Editorial > peer review
Ken L. Bechmann / Ny ATP-model – forståelige intentioner men ender som en kompliceret lappeløsning
In: Finans/Invest, No. 1, 2021, 4 p., p. 2-4, 35
Editorial
Ken L. Bechmann / Shortselling – og det som mange ikke forstår
In: Finans/Invest, No. 4, 2021, 4 p., p. 2-4, 24
Editorial > peer review
2020
Ken L. Bechmann / Alternative investeringer – show me the money!
In: Finans/Invest, No. 6, 2020, 2 p., p. 2-3
Editorial
Ken L. Bechmann / ESG, risikostyring og pensionsopsparing set i lyset (mørket) af coronakrisen
In: Finans/Invest, No. 2, 2020, 6 p., p. 2-3, 5-8
Editorial
Ken L. Bechmann / Finans/Invest - Årsrapport 2019
In: Finans/Invest, No. 1, 2020, 2 p., p. 2-3
Editorial
Ken L. Bechmann / Finanstilsynets bestyrelse, governance og fit & proper-regler for ledelsesmedlemmer i finansielle virksomheder
In: Finans/Invest, No. 5, 2020, 5 p., p. 2-5, 13
Editorial
Ken L. Bechmann / Kriser, risiko og bankernes soliditet
In: Finans/Invest, No. 3, 2020, 6 p., p. 2-5, 25
Editorial
More results... (total 116 results)
Academic Interests


Research Projects
Outside activities

2018:

  • Akademisk Arkitektforening: teaching.
  • Alm. Brand: consulting and professional talk.
  • CBS Executive: teaching.
  • Computershare: professional talk.
  • Copenhagen Economics: consulting and professional talk.
  • Ferring – expert's report ordered by a court (syns- og skønsrapport).
  • FSR: teaching.
  • Halberg-Gundersen Invest: board member.
  • Mannheim Business School: teaching.
  • University of St.Gallen: teaching.


2019:

  • FSR: teaching.
  • Akademisk Arkitektforening: teaching.
  • CBS Executive: teaching.
  • Dansk Energi: consulting/professional talk.
  • Dansk Vand: consulting/professional talk.
  • Dansif: professional talk.
  • Erhvervsstyrelsen: consulting.
  • Ferring – expert's report ordered by a court (syns- og skønsrapport).
  • Finanstilsynet: member of expert committee.
  • Halberg-Gundersen Invest: board member.
  • Mannheim Business School: teaching.
  • University of St.Gallen: teaching.

2020:

  • Akademisk Arkitektforening: teaching.
  • CBS Executive: teaching.
  • EY: consulting.
  • Finanstilsynet: member of expert committee.
  • Halberg-Gundersen Invest: board member.
  • Mannheim Business School: teaching.
  • University of St.Gallen: teaching.
  • Finanstilsynet (Danish FSA): Member of the governing board.