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Morten Bennedsen

Visiting Professor of Economics at INSEAD


Morten Bennedsen is Visiting Professor of Economics at INSEAD. He obtained his PhD in Economics from Harvard University in 1998, a Master’s degree with distinction from London School of Economics, and a Bachelor Degree from the University of Copenhagen. His area of teaching includes family business governance, corporate governance, applied microeconomics, and firm theory.

Morten Bennedsen’s main research area is the governance of family firms and other closely held corporations in a global context. He has done research on family firms, closely held corporations, capital structures, venture capital, investor protection, ownership structures, and privatisation. His work has been published in top finance and economics journals, such as Journal of Financial Economics, Journal of Political Economics, Quarterly Journals of Economics, Journal of Banking and Finance, and Journal of Public Economics. Morten Bennedsen has won a number of research and teaching prizes, such as the winner of the Danish part of the EURYI competition (2004), the FUHU prize for Best Teaching and Course Development at the Copenhagen Business School (2006), and the biggest Danish individual research prize - EliteForsk 2008 - from the Danish Ministry of Science.

He has served as an advisor to the Danish Ministry of Business in the area of family firms and succession politics in particular, and, more generally, on corporate financial policy. He has done advisory and consultancy work for a.o., the Danish association of private equity funds, the Danish Ministry of Foreign Affairs, the World Bank, and Novo Nordisk Foundation. He frequently gives talks to family firms, corporate finance institutions, investment banks, and private equity funds on governance of family firms and the economic consequences of succession.

Morten Bennedsen’s research has been cited in many international newspapers including The Wall Street Journal, International Herald Tribune and business newspapers in Germany, Nederlands, Portugal, Norway and Denmark.

Latest posts

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Economics & Finance

Covid-19 Furloughs Helped Firms Thrive

M. Bennedsen, B. Larsen, I. Schmutte, D. Scur

Even keeping low-wage workers on the payroll yielded benefits after Covid-19 restrictions ended.

Family Business

A Career in the Family Business: Duty or Choice?

M. Bennedsen, C. Harbour, A. Tirard

Would-be joiners of family businesses can have their cake and eat it – if they get the ingredients right.

Leadership & Organisations

Could Living Near the Office Make You a Better CEO?

M. Bennedsen, M. D. Amore, B. Larsen

Besides enjoying a shorter commute, living close to the office may allow CEOs to boost ties with employees and the firm’s bottom line.

Family Business

A Different Kind of Family Firm Hiding in Plain Sight

Morten Bennedsen

The link between ownership and control is tenuous in a certain type of family firm.

Family Business

Professionalising the Family Firm

R. Noyes, M. Bennedsen

A conversation about the opportunities and threats that spur families into action.

Family Business

Why Family CEOs Outperform Their Non-Family Predecessors

Morten Bennedsen

Pitfalls and solutions for non-family chief executives.