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Ken L. Bech­mann

Professor

Subjects
Boards Finance Securities Valuation ESG Companies

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.  

Outside activities

Board member, CS Pension, 2023–present

Chairman, 2025–present

Investeringsforeningen IA Invest & Great Dane, Mutual funds

Board member CFA Society Denmark (Finansforeningen), 2012–present

Faculty member

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

Executive editor, 2014–present

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

External professor, 2012–present

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

External professor, 2017–present

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–present

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

Lecturer, 2007–present

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