Empirical Corporate Finance

In May 2010, David L. Yermack, the Albert Fingerhut Professor of Finance at New York University Stern School of Business, has given the Finance Lecture at the Tinbergen Institute.

In this lecture the broad spectrum of empirical corporate finance (capital structure, capital raising, distribution and dividend policies, investment policies, corporate voting and control, and governance) was reviewed. The course helped students in getting a firm understanding of the empirical literature and finding their way to their own research

Professor Yermack's primary research areas include boards of directors, executive compensation, executive stock options, and law and finance. He has published in the leading journals in his field, including Journal of Financial Economics, Journal of Finance, Review of Financial Studies, and Journal of Law, Economics, and Organizations. Professor Yermack has held a variety of visiting positions, teaching courses in corporate finance, restructuring firms and industries, and law and finance.