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:
2024
Ken L. Bechmann / Betydningen af likviditet og market maker ordninger
In: Finans/Invest, No. 6, 2024, 4 p., p. 2-5
Editorial
Ken L. Bechmann / ESG-rapportering fra små og mellemstore virksomheder : En opgave og en gylden mulighed for bankerne.
In: Finans/Invest, No. 5, 2024, 5 p., p. 2-5, 28
Editorial
Ken L. Bechmann / ESG-ratings – skal mere regulering løse problemerne?
In: Finans/Invest, No. 1, 2024, 3 p., p. 2-4
Editorial
Ken L. Bechmann / Finans/Invest - Årsraport 2023
In: Finans/Invest, No. 1, 2024, 1 p., p. 35
Editorial
Ken L. Bechmann / Finans/Invest – Årsrapport 2024
In: Finans/Invest, No. 6, 2024, 2 p., p. 30-31
Editorial
Ken L. Bechmann / Finansforeningen 50 år – og samarbejdet om Finans/Invest
In: Finans/Invest, No. 3, 2024, 3 p., p. 2-3, 10
Editorial
Ken L. Bechmann / Man skal tænke sig rigtig grundigt om for ikke at spille hasard med pensionssystemet
In: Finans/Invest, No. 4, 2024, 2 p., p. 2-3
Editorial
2023
Ken L. Bechmann / AI - muligheder og risici
In: Finans/Invest, No. 3, 2023, 5 p., p. 2-5, 35
Editorial
Jan Parner; Ken L. Bechmann / ATP: Lappeløsninger eller revitalisering?
In: Finans/Invest, No. 1, 2023, 6 p., p. 2-3, 4, 5, 13, 27
Editorial
More results... (total 140 results)
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.

 

2021:

  • Finanssektorens Uddannelsescenter: consulting.
  • Akademisk Arkitektforening: teaching.
  • CBS Executive: teaching.
  • Mannheim Business School: teaching.
  • University of St.Gallen: teaching.
  • Finanstilsynet (Danish FSA): member of the governing board.
  • Investering Danmark: professional talk.
  • DANVA: consulting.
  • FSR: teaching.
  • Danske Advokater: professional talk.
  • Sydinvest: professional talk.

 

2022:

  • Akademisk Arkitektforening: teaching.
  • CBS Executive: teaching.
  • Mannheim Business School: teaching.
  • University of St.Gallen: teaching.
  • Finanstilsynet (Danish FSA): member of the governing board.
  • Investering Danmark: professional talk.
  • Energinet: consulting.
  • Swiss Alpine Fish: consulting.
  • STG: Teaching.
  • Expert's report ordered by a court (syns- og skønsrapport).
  • Økonomidirektørforeningens Årsmøde: professional talk.
  • PwC: consulting.

 

2023:

  • Expert's report ordered by a court (syns- og skønsrapport).
  • Finanstilsynet (Danish FSA): talk.
  • FSR: Course
  • Ørsted: Consulting.
  • Swiss Alpine Fish: consulting.
  • Sydbank: professional talk.
  • Københavns Lufthavne: consulting.
  • CS Pensionsfond: member of the governing board.
  • Akademisk Arkitektforening: teaching.
  • CBS Executive: teaching.
  • Mannheim Business School: teaching.
  • University of St.Gallen: teaching.