Patrick Verwijmeren is Professor of Corporate Finance at the Erasmus School of Economics (Erasmus University Rotterdam). He is also a research fellow at the Tinbergen Institute and a part-time Research Professor at the University of Melbourne and Glasgow. Before moving to Erasmus, Patrick was with VU University Amsterdam and the University of Melbourne, and he has been a visiting scholar at Vanderbilt, Stanford, NYU and LBS.
Patrick has publications in the Journal of Finance, Review of Financial Studies, Journal of Financial Economics, The Accounting Review, and Management Science, among others. He has presented at many international conferences, including the WFA, AFA, and EFA meetings, and has been a speaker at TEDx twice. He has taught a wide range of courses. Currently, he teaches advanced corporate finance and governance.
His research specializes in convertible securities, short sales, corporate governance, capital structure, and art investing. His research on proxy access has been cited in final rulings by the U.S. Securities and Exchange Commission, and Patrick has been involved in writing a report for the Dutch Ministry of Finance on the influence of hedge funds and the Dutch Authority of Consumer Markets on energy companies. His research featured in The Economist, Forbes Magazine, the Wall Street Journal, and the New York Times, among others.
Gendered prices, Review of Financial Studies, with Renee Adams, Roman Kraussl and Marco Navone
The earnings expectations game and the dispersion anomaly, Management Science, with David Veenman
The buyers' perspective on security design: Hedge funds and convertible bond call provisions, Journal of Financial Economics, with Bruce Grundy
Director skill sets, Journal of Financial Economics, with Renee Adams and Ali Akyol
Do investors fully unravel persistent pessimism in analysts' earnings forecasts? The Accounting Review, with David Veenman
Does it pay to invest in art? A selection-corrected returns perspective, Review of Financial Studies, with Arthur Korteweg and Roman Kraussl
Disappearing call delay and dividend-protected convertible bonds, Journal of Finance, with Bruce Grundy
Convertibles and hedge funds as distributors of equity exposure, Review of Financial Studies, with Stephen Brown, Bruce Grundy, and Craig Lewis
Do option markets undo restrictions on short sales: Evidence from the 2008 short sale ban, Journal of Financial Economics, with Bruce Grundy and Bryan Lim
Why do convertible issuers simultaneously repurchase stock? An arbitrage-based explanation, Journal of Financial Economics, with Abe de Jong and Marie Dutordoir
For one sentence summaries of these (and other) papers: One sentence summaries
Contact: verwijmeren @ ese.eur.nl