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

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Top 7,388

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8,685

SSRN CITATIONS
Rank 4,974

SSRN RANKINGS

Top 4,974

in Total Papers Citations

111

CROSSREF CITATIONS

158

Scholarly Papers (28)

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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 (14,089)
Citation 15

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

2.

Contingent Capital: The Case for COERCs

Downloads 1,123 ( 27,191)
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 835 (40,794)
Citation 10

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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 (150,582)
Citation 12

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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 (872,742)
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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 1,093 (28,295)
Citation 18

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Convertibles, financial innovation, anomalies, capital structure

4.

Valuing Soft Information: IPO Price Formation and Board Gender Diversity

Downloads 622 ( 60,914)
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, A.B. Freeman School of Business and INSEAD - Finance
Downloads 509 (77,527)
Citation 1

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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, A.B. Freeman School of Business and INSEAD - Finance
Downloads 113 (335,372)

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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 541 ( 72,635)
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 541 (71,844)

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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

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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 (76,125)
Citation 4

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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 (80,710)
Citation 18

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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 (98,336)
Citation 10

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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 (169,247)

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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 232 (183,876)

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Buybacks, Market Timing, CEO Trustworthiness, Buyback Motivations

11.

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 (183,876)
Citation 6

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rights issue, seasoned equity offering, liquidity of rights

12.

Contingent Capital: The Case of COERCs

Downloads 232 (183,876)
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 168 (245,961)
Citation 5

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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 (485,944)

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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 (897,702)

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convertible bonds

13.

Choices in Equity Finance: A Global Perspective

Downloads 219 (194,357)
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 219 (194,053)
Citation 7

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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
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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 211 (201,107)

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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 (235,082)
Citation 1

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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 (258,719)
Citation 1

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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 (289,704)
Citation 7

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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 (305,062)

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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 (321,627)

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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 (655,770)
Citation 1
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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 (889,061)
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Buybacks, insider trading, Market Efficiency, market timing, Network centrality

22.

The Determinants of CoCo Bond Prices

Downloads 0 (905,910)

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

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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

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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

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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

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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

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26.

Bank Waal En Ijssel

Posted: 26 Nov 1996
Theo Vermaelen
INSEAD - Finance

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27.

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

Downloads 0 (905,910)

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

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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

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28.

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

Downloads 0 (905,910)

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

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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

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