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Theo Vermaelen

Professor of Finance

Biography

Theo Vermaelen is a Professor of Finance, the UBS Chair in Investment Banking, endowed in honour of Henry Grunfeld, and and the chair of the Finance Area at INSEAD. He teaches in the MBA, PhD and Executive Education programmes and is an Academic Director of the Advanced International Corporate Finance programme. He is a graduate from the Department of Applied Economics at the Catholic University of Leuven (Commercial Engineer) and obtained his MBA and PhD in Finance from the Graduate School of Business, University of Chicago.

Professor Vermaelen has taught at the University of British Columbia, the Catholic University of Leuven, the London Business School, UCLA and the University of Chicago. He has published articles on corporate finance and investments in leading academic journals including the Journal of Finance, the Journal of Financial Economics, and the Journal of Banking and Finance. He serves as a co-editor of the Journal of Empirical Finance, an associate editor of the Journal of Corporate Finance and the European Financial Review, and an advisory editor of Teaching and Case Abstracts.

Professor Vermaelen is a consultant to various corporations and government agencies and a Programme Director of the Amsterdam Institute of Finance.

Latest posts

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Economics & Finance

Biden’s Misguided Tax on Share Buybacks

Theo Vermaelen

The Biden administration’s ideological distaste for companies purchasing their own stock may do more harm than good.
2 comments

Economics & Finance

Too Many ESG Funds Mislead Investors

Theo Vermaelen

Regulatory reckoning with ESG funds does not go far enough.

Economics & Finance

A Sign of the Times: The ESG Buyback

Theo Vermaelen

Using ESG sensitivities to market financial products.

Economics & Finance

When Do Managers Have an Information Advantage Over Analysts?

Theo Vermaelen

The role of network centrality in timing buybacks.

Economics & Finance

Social Capital Makes the Difference Between ‘Good’ and ‘Bad’ Buybacks

S Huang, K Snellman, T Vermaelen

Executives who respect both the letter and the spirit of ethical norms aren’t born – they’re shaped by their home communities.

Economics & Finance

COVID-19: Four Reasons for Optimism About the Stock Market

Theo Vermaelen

Although this economic crisis is unique, there is good news from the recent and distant past.
1 comment