rwfi

Department of Finance

  • Center for Financial Frictions
Ramona
Westermann
Associate professor
,
PhD


Room: SOL/A4.34
Tel:
+4538153515
E-mail: rw.fi@cbs.dk
Presentation

Ramona Westermann is an Associate Professor of Finance at Copenhagen Business School. She holds a Ph.D. from the University of Geneva and the Swiss Finance Institute. Her main research interest is corporate finance, in particular agency conflicts, corporate liquidity management, credit risk, capital structure, and investment. Ramona’s work is published in the Journal of Financial Economics and Management Science. One of her current projects investigates the effects of personal taxes on corporate liquidity management and received a grant from the Independent Research Fund Denmark.

Primary research areas

Corporate Finance, Agency Conflicts, Corporate Liquidity, Capital Structure, Credit Risk, Investment

Administrative tasks


 

Links
Link to this homepage
www.cbs.dk/en/staff/rwfi
Courses

Advanced Corporate Finance (Ph.D. level), 2016, 2018, 2019

Corporate Finance (Graduate level), 2013, 2014, 2018

Corporate Finance (Graduate level), joint with K.M. Nielsen, 2019

Supervision


 

Other teaching activities


 

Selected publications

“Measuring agency costs over the business cycle,” 2018, Management Science 64(12), 5748-5768

"Growth options, macroeconomic conditions, and the cross section of credit risk”, with M. Arnold and A.F. Wagner, 2013, Journal of Financial Economics, 107, 350–385.


 

Publications sorted by:
2018
Ramona Westermann / Measuring Agency Costs over the Business Cycle
In: Management Science, Vol. 64, No. 12, 12.2018, p. 5748-5768
Journal article > peer review
2016
Marc Arnold; Ramona Westermann / Creditor Governance and Corporate Policies : The Role of Debt Covenant Renegotiations.
Paper presented at The 28th Annual Conference of the Northern Finance Association. NFA 2016, 2016
Paper > peer review
2015
Marc Arnold; Ramona Westermann / Debt Covenant Renegotiation and Investment
St. Gallen : Universität St. Gallen 2015, 48 p. (SOF Working Paper, No. 2015/14)
Working paper
2013
Marc Arnold; Alexander F. Wagner; Ramona Westermann / Growth Options, Macroeconomic Conditions, and the Cross Section of Credit Risk
In: Journal of Financial Economics, Vol. 107, No. 2, 2.2013, p. 350–385
Journal article > peer review
Academic Interests


 

Research Projects
Outside activities

Member of the panel “Economic Sciences” of the Swiss National Science Foundation (SNSF), since October 2019