Theo Vermaelen

INSEAD - Finance

The Schroders Chaired Professor of International Finance and Asset Management

Boulevard de Constance

F-77305 Fontainebleau Cedex

France

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

  • INSEAD - Finance

    • Email
    • Tel: 33 1 60 72 42 63
    • Fax: 33 1 60 72 40 45

  • European Corporate Governance Institute (ECGI)

SCHOLARLY PAPERS

28

DOWNLOADS
Rank 7,381

SSRN RANKINGS

Top 7,381

in Total Papers Downloads

8,697

SSRN CITATIONS
Rank 4,974

SSRN RANKINGS

Top 4,974

in Total Papers Citations

111

CROSSREF CITATIONS

158

Scholarly Papers (28)

Actions:
Email selected abstracts
1.

Are Buybacks Good for Long-Term Shareholder Value? Evidence from Buybacks around the World

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 436/2014, INSEAD Working Paper No. 2013/101/FIN
Number of pages: 65 Posted: 26 Sep 2013 Last Revised: 24 Mar 2018
Alberto Manconi, Urs Peyer and Theo Vermaelen
Bocconi University - Department of Finance, INSEAD - Finance and INSEAD - Finance
Downloads 1,743 (14,094)
Citation 15

Abstract:

Loading...

buyback, share repurchase, governance, market timing, agency problems, global regulation

2.

Contingent Capital: The Case for COERCs

Downloads 1,124 ( 27,183)
Citation 16

Contingent Capital: The Case for COERCs

INSEAD Working Paper No. 2011/133/FIN
Number of pages: 54 Posted: 04 May 2011 Last Revised: 23 Dec 2011
George Pennacchi, Theo Vermaelen and Christian C. P. Wolff
University of Illinois, INSEAD - Finance and University of Luxembourg
Downloads 836 (40,771)
Citation 10

Abstract:

Loading...

Contingent Capital: The Case for COERCs

Number of pages: 49 Posted: 16 Mar 2011
George Pennacchi, Theo Vermaelen and Christian C. P. Wolff
University of Illinois, INSEAD - Finance and University of Luxembourg
Downloads 283 (150,708)
Citation 12

Abstract:

Loading...

Convertible bonds, bank capital, death spiral, debt overhang

Contingent Capital: The Case for COERCs

CEPR Discussion Paper No. DP8028
Number of pages: 46 Posted: 22 Nov 2010
George Pennacchi, Theo Vermaelen and Christian C. P. Wolff
University of Illinois, INSEAD - Finance and University of Luxembourg
Downloads 5 (874,064)
  • Add to Cart

Abstract:

Loading...

Banks, Financial crisis, Financial stability, Security design

3.

Death Spiral Convertibles

Number of pages: 104 Posted: 24 Jun 2001
Pierre Hillion and Theo Vermaelen
INSEAD - Finance and INSEAD - Finance
Downloads 1,097 (28,235)
Citation 18

Abstract:

Loading...

Convertibles, financial innovation, anomalies, capital structure

4.

Valuing Soft Information: IPO Price Formation and Board Gender Diversity

Downloads 624 ( 60,729)
Citation 1

Valuing Soft Information: IPO Price Formation and Board Gender Diversity

INSEAD Working Paper No. 2022/10/FIN, European Corporate Governance Institute – Finance Working Paper No. 756/2021
Number of pages: 62 Posted: 12 Feb 2021 Last Revised: 06 Jun 2022
P. Raghavendra Rau, Jason Sandvik and Theo Vermaelen
University of Cambridge, Eller College of Management, University of Arizona and INSEAD - Finance
Downloads 511 (77,258)
Citation 1

Abstract:

Loading...

Initial Public Offerings, Information Processing, Going Public Process, Gender Diversity, Underpricing, Investment Banks, Corporate Governance, Network Centrality

Valuing Soft Information: IPO Price Formation and Board Gender Diversity

Number of pages: 56 Posted: 18 Feb 2021 Last Revised: 31 May 2022
P. Raghavendra Rau, Jason Sandvik and Theo Vermaelen
University of Cambridge, Eller College of Management, University of Arizona and INSEAD - Finance
Downloads 113 (335,647)

Abstract:

Loading...

Initial Public Offerings, Information Processing, Going Public Process, Gender Diversity, Underpricing, Investment Banks, Corporate Governance, Network Centrality

5.

Market Underreaction to Open Market Share Repurchases

Downloads 542 ( 72,708)
Citation 1

Market Underreaction to Open Market Share Repurchases

NBER Working Paper No. w4965
Number of pages: 33 Posted: 25 Jul 2000 Last Revised: 28 Jul 2022
David L. Ikenberry, Josef Lakonishok and Theo Vermaelen
Leeds School of Business, University of Colorado Boulder, University of Illinois at Urbana-Champaign and INSEAD - Finance
Downloads 542 (71,917)

Abstract:

Loading...

Market Underreaction to Open Market Share Repurchases

Rice University Working Paper Series No 106
Posted: 06 Sep 1999
David L. Ikenberry, Josef Lakonishok and Theo Vermaelen
Leeds School of Business, University of Colorado Boulder, University of Illinois at Urbana-Champaign and INSEAD - Finance

Abstract:

Loading...

6.

Volatility and the Buyback Anomaly

INSEAD Working Paper No. 2017/16/DSC/FIN
Number of pages: 50 Posted: 27 Mar 2016 Last Revised: 15 Feb 2017
Theodoros Evgeniou, Enric Junqué de Fortuny, Nick Nassuphis and Theo Vermaelen
INSEAD, Independent, Check Company and INSEAD - Finance
Downloads 521 (76,195)
Citation 4

Abstract:

Loading...

Share Buybacks, Seasoned Equity Offerings, Anomalies

7.

Mimicking Repurchases

Number of pages: 50 Posted: 26 Feb 2005
Massimo Massa, Zahid Rehman and Theo Vermaelen
INSEAD - Finance, BlackRock and INSEAD - Finance
Downloads 497 (80,780)
Citation 18

Abstract:

Loading...

Payout policy, repurchases, product market competition, signaling

8.

The Many Facets of Privately Negotiated Stock Repurchases

Number of pages: 39 Posted: 29 Nov 2003
Urs Peyer and Theo Vermaelen
INSEAD - Finance and INSEAD - Finance
Downloads 420 (98,436)
Citation 10

Abstract:

Loading...

9.

Share Buybacks and Gender Diversity

INSEAD Working Paper No. 2017/43/DSC/FIN, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 493/2017
Number of pages: 33 Posted: 25 Jul 2016 Last Revised: 28 Jun 2017
Theodoros Evgeniou and Theo Vermaelen
INSEAD and INSEAD - Finance
Downloads 253 (169,408)

Abstract:

Loading...

Gender Diversity, Share Buybacks, Market Timing, Ethics

10.

Managerial Trustworthiness and Buybacks

Journal of Financial and Quantitative Analysis, Forthcoming, Singapore Management University School of Accountancy Research Paper No. 2021-135, European Corporate Governance Institute – Finance Working Paper 703/2020
Number of pages: 56 Posted: 27 Nov 2018 Last Revised: 06 Feb 2022
Sterling Huang, Kaisa Snellman and Theo Vermaelen
Singapore Management University - School of Accountancy, INSEAD - Organisational Behavior and INSEAD - Finance
Downloads 233 (184,054)

Abstract:

Loading...

Buybacks, Market Timing, CEO Trustworthiness, Buyback Motivations

11.

Contingent Capital: The Case of COERCs

Downloads 233 (183,278)
Citation 11

Contingent Capital: The Case of COERCs

AFA 2013 San Diego Meetings Paper
Number of pages: 54 Posted: 16 Mar 2012
Christian C. P. Wolff, George Pennacchi and Theo Vermaelen
University of Luxembourg, University of Illinois and INSEAD - Finance
Downloads 169 (244,989)
Citation 5

Abstract:

Loading...

crisis, banks, recapitalization, reverse convertible

Contingent Capital: The Case of COERCs

Number of pages: 53 Posted: 26 Jan 2012
Christian C. P. Wolff, George Pennacchi and Theo Vermaelen
University of Luxembourg, University of Illinois and INSEAD - Finance
Downloads 61 (486,334)

Abstract:

Loading...

Contingent Capital: The Case of COERCs

Number of pages: 52 Posted: 12 Mar 2013
George Pennacchi, Theo Vermaelen and Christian C. P. Wolff
University of Illinois, INSEAD - Finance and University of Luxembourg
Downloads 3 (899,256)

Abstract:

Loading...

convertible bonds

12.

Rights Offerings, Trading, and Regulation: A Global Perspective

INSEAD Working Paper No. 2013/120/FIN
Number of pages: 45 Posted: 17 Oct 2013
Massimo Massa, Theo Vermaelen and Moqi Groen-Xu
INSEAD - Finance, INSEAD - Finance and Queen Mary University of London
Downloads 232 (184,054)
Citation 6

Abstract:

Loading...

rights issue, seasoned equity offering, liquidity of rights

13.

Choices in Equity Finance: A Global Perspective

Downloads 220 (193,634)
Citation 5

Choices in Equity Finance: A Global Perspective

INSEAD Working Paper No. 2016/22/FIN
Number of pages: 57 Posted: 02 Apr 2016
Massimo Massa, Virginie Mataigne, Theo Vermaelen and Moqi Groen-Xu
INSEAD - Finance, Ghent University - Department of Accountancy and Corporate Finance, INSEAD - Finance and Queen Mary University of London
Downloads 220 (193,323)
Citation 7

Abstract:

Loading...

Rights Issue, Seasoned Equity Offer, Liquidity of Rights

Choices in Equity Finance a Global Perspective

CEPR Discussion Paper No. DP11987
Number of pages: 61 Posted: 25 Apr 2017
Moqi Groen-Xu, Massimo Massa, Virginie Mataigne and Theo Vermaelen
Queen Mary University of London, INSEAD - Finance, Ghent University - Department of Accountancy and Corporate Finance and INSEAD - Finance
Downloads 0
  • Add to Cart

Abstract:

Loading...

liquidity of rights, rights issue, seasoned equity offer

14.

Network Centrality and Managerial Market Timing Ability: Evidence from Open-Market Repurchase Announcements

INSEAD Working Paper No. 2018/29/DSC/FIN
Number of pages: 76 Posted: 01 Jul 2016 Last Revised: 31 Jul 2018
Theodoros Evgeniou, Joel Peress, Theo Vermaelen and Ling Yue
INSEAD, INSEAD - Finance, INSEAD - Finance and INSEAD
Downloads 212 (200,371)

Abstract:

Loading...

Share Repurchases, Buybacks, Market Anomalies, Networks, Supply Chain, Limited Attention, Firm Complexity

15.

Acquisition Finance and Market Timing

INSEAD Working Paper No. 2013/107/FIN
Number of pages: 55 Posted: 04 Oct 2013
Theo Vermaelen and Moqi Groen-Xu
INSEAD - Finance and Queen Mary University of London
Downloads 177 (235,277)
Citation 1

Abstract:

Loading...

Mergers and acquisitions, Capital structure, Market timing, Mispricing

16.

Stock Repurchases in Canada: Performance and Strategic Trading

NBER Working Paper No. w7325
Number of pages: 37 Posted: 11 Feb 2000 Last Revised: 09 Jul 2022
David L. Ikenberry, Josef Lakonishok and Theo Vermaelen
Leeds School of Business, University of Colorado Boulder, University of Illinois at Urbana-Champaign and INSEAD - Finance
Downloads 158 (258,942)
Citation 1

Abstract:

Loading...

17.

Internal Regulation: The Effects of Government Ownership on the Value of the Firm

Journal of Law and Economics, Vol. 29, No. 2, p. 381, 1986
Number of pages: 24 Posted: 11 Jul 2011
Catherine C. Eckel and Theo Vermaelen
Texas A&M University and INSEAD - Finance
Downloads 137 (289,970)
Citation 7

Abstract:

Loading...

18.

Acquisition Finance: Are European Companies Different?

INSEAD Working Paper No. 2016/43/FIN
Number of pages: 40 Posted: 29 Jun 2016
Virginie Mataigne and Theo Vermaelen
Ghent University - Department of Accountancy and Corporate Finance and INSEAD - Finance
Downloads 128 (305,318)

Abstract:

Loading...

19.

Political Affiliation and Dividend Tax Avoidance: Evidence from the 2013 Fiscal Cliff

INSEAD Working Paper No. 2014/20/FIN
Number of pages: 39 Posted: 14 Mar 2014
Urs Peyer and Theo Vermaelen
INSEAD - Finance and INSEAD - Finance
Downloads 119 (321,931)

Abstract:

Loading...

Supply Chain, Information Transfers, Analyst Following, Forecast Revisions, Forecast Accuracy

20.

Share Repurchases

Foundations and Trends in Finance, Vol. 1, No. 3, 2005
Number of pages: 99 Posted: 15 Jun 2010
Theo Vermaelen
INSEAD - Finance
Downloads 26 (656,475)
Citation 1
  • Add to Cart

Abstract:

Loading...

21.

Network Centrality and Managerial Market Timing Ability

CEPR Discussion Paper No. DP15240
Number of pages: 95 Posted: 12 Sep 2020
Theodoros Evgeniou, Joel Peress, Theo Vermaelen and Ling YUE
INSEAD, INSEAD - Finance, INSEAD - Finance and affiliation not provided to SSRN
Downloads 1 (890,552)
  • Add to Cart

Abstract:

Loading...

Buybacks, insider trading, Market Efficiency, market timing, Network centrality

22.

The Determinants of CoCo Bond Prices

Downloads 0 (907,349)

The Determinants of CoCo Bond Prices

INSEAD Working Paper No. 2018/50/FIN
Posted: 15 Oct 2018 Last Revised: 08 Jan 2019
Sara Abed Masror Khah, Theo Vermaelen and Christian C. P. Wolff
Universite du Luxembourg, INSEAD - Finance and University of Luxembourg

Abstract:

Loading...

The Determinants of CoCo Bond Prices

INSEAD Working Paper No. 2018/50/FIN
Posted: 15 Oct 2018
Sara Abed Masror Khah, Theo Vermaelen and Christian C. P. Wolff
Universite du Luxembourg, INSEAD - Finance and University of Luxembourg

Abstract:

Loading...

23.

The Nature and Persistence of Buyback Anomalies

The Review of Financial Studies, Vol. 22, Issue 4, pp. 1693-1745, 2009
Posted: 23 Mar 2009
Urs Peyer and Theo Vermaelen
INSEAD - Finance and INSEAD - Finance

Abstract:

Loading...

G14, G35

24.

Regulation, Taxes, and Share Repurchases in the United Kingdom

Posted: 16 Mar 2001
Theo Vermaelen and P. Raghavendra Rau
INSEAD - Finance and University of Cambridge

Abstract:

Loading...

25.

The Option to Repurchase Stock

Posted: 23 Aug 1998
David L. Ikenberry and Theo Vermaelen
Leeds School of Business, University of Colorado Boulder and INSEAD - Finance

Abstract:

Loading...

26.

Bank Waal En Ijssel

Posted: 26 Nov 1996
Theo Vermaelen
INSEAD - Finance

Abstract:

Loading...

27.

Glamour, Value and the Post-Acquisition Performance of Acquiring Firms

Downloads 0 (907,349)

Glamour, Value and the Post-Acquisition Performance of Acquiring Firms

Posted: 18 Nov 1996
Theo Vermaelen and P. Raghavendra Rau
INSEAD - Finance and University of Cambridge

Abstract:

Loading...

Glamour, Value and the Post-Acquisition Performance of Acquiring Firms

Posted: 18 Apr 2001
Theo Vermaelen and P. Raghavendra Rau
INSEAD - Finance and University of Cambridge

Abstract:

Loading...

28.

Large Shareholdings and Corporate Control: An Analysis of Stake Purchases by French Holding Companies

Downloads 0 (907,349)

Large Shareholdings and Corporate Control: An Analysis of Stake Purchases by French Holding Companies

EUROPEAN FINANCIAL MANAGEMENT, Vol. 3 No. 1, 1997
Posted: 11 Nov 1996
Benoit Leleux, Saugata Banerjee and Theo Vermaelen
MD - International (Institute for Management Development) - Entrepreneurship and Finance, affiliation not provided to SSRN and INSEAD - Finance

Abstract:

Loading...

Large Shareholdings and Corporate Control: An Analysis of Stake Purchases by French Holding Companies

Posted: 16 May 1995
Benoit Leleux, Theo Vermaelen and Saugata Banerjee
MD - International (Institute for Management Development) - Entrepreneurship and Finance, INSEAD - Finance and affiliation not provided to SSRN

Abstract:

Loading...