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Patrick Verwijmeren

Research Fellow

University
Erasmus University Rotterdam
Research field
Finance
Interests
Corporate Governance, Finance

Key publications

List of publications

Wang Renjie, R., Verwijmeren, P. and Xia, S. (2024). The Corporate Investment Benefits of Mutual Fund Dual Holdings Journal of Financial and Quantitative Analysis, :.

Lewis, C., Munyan, B. and Verwijmeren, P. (2024). Convertible Debt Arbitrage Crashes Revisited Journal of Financial and Quantitative Analysis, 59(4):1926--1962.

Grundy, BruceD., Verwijmeren, P. and Yang, A. (2024). Intermediary frictions and convertible bond pricing Journal of Financial Intermediation, 58:.

Soebhag, A., Van Vliet, B. and Verwijmeren, P. (2024). Non-standard errors in asset pricing: Mind your sorts Journal of Empirical Finance, 78:.

Lee, I., Renjie, R.W. and Verwijmeren, P. (2023). How Do Options Add Value? Evidence from the Convertible Bond Market Review of Finance, 27(1):189--222.

Verwijmeren, P., Gargano, A. and Sotes-Paladino, J. (2023). Out of Sync: Dispersed Short Selling and the Correction of Mispricing Journal of Financial and Quantitative Analysis, 58(8):3482--3520.

van Bekkum, S., Verwijmeren, P. and Grundy, B. (2023). Complementarity of Sovereign and Corporate Debt Issuance: Mind the Gap Review of Finance, :.

Aleksanyan, M., Hao, Z., Vagenas-Nanos, E. and Verwijmeren, P. (2021). Do state visits affect cross-border mergers and acquisitions Journal of Corporate Finance, 66:.

Dutordoir, M., Vagenas-Nanos, E., Verwijmeren, P. and Wu, B. (2021). A rundown of merger target run-ups Financial Management, 50(2):487--518.

Adams, RenéeB., Kräussl, R., Navone, M. and Verwijmeren, P. (2021). Gendered Prices Review of Financial Studies, 34(8):3789--3839.

Guidi, M., Sogiakas, V., Vagenas-Nanos, E. and Verwijmeren, P. (2020). Spreading the sin: An empirical assessment from corporate takeovers International Review of Financial Analysis, 71:.

Renjie, R.W. and Verwijmeren, P. (2019). Director attention and firm value Financial Management, 49(2):361--387.

Verwijmeren, P. and Yang, A. (2020). The fluctuating maturities of convertible bonds Journal of Corporate Finance, 62:.

Verwijmeren, P. and Grundy, B. (2020). The external financing of investment Journal of Corporate Finance, 65:.

Veenman, D. and Verwijmeren, P. (2018). Do investors fully unravel persistent pessimism in analysts' earnings forecasts? The Accounting Review, 93(3):349--377.

Adams, R., Akyol, A. and Verwijmeren, P. (2018). Director skill sets Journal of Financial Economics, 130(3):641--662.

Grundy, B. and Verwijmeren, P. (2018). The buyers’ perspective on security design: Hedge funds and convertible bond call provisions Journal of Financial Economics, 127(1):77--93.

Veld, C., Verwijmeren, P. and Zabolotnyuk, Y. (2018). Wealth effects of seasoned equity offerings: A meta-analysis International Review of Finance, Accepted:.

Akyol, A., Raff, K. and Verwijmeren, P. (2017). The elimination of broker voting in director elections Finance Research Letters, 21(May):34--39.

Berkman, H., McKenzie, M. and Verwijmeren, P. (2017). Hole in the wall: Informed short selling ahead of private placements Review of Finance, 21(3):1047--1091.

Siganos, A., Vagenas-Nanos, E. and Verwijmeren, P. (2017). Divergence of sentiment and stock market trading Journal of Banking and Finance, 78(May):130--141.

Van Marle, M. and Verwijmeren, P. (2017). The long and the short of convertible arbitrage: An empirical examination of arbitrageurs’ holding periods Journal of Empirical Finance, 44(December):237--249.

Dutordoir, M.(., Li, E., Liu, F.H. and Verwijmeren, P. (2016). Convertible bond announcement effects: Why is Japan different? Journal of Corporate Finance, 37:76--92.

Duyvesteyn, J., Martens, M. and Verwijmeren, P. (2016). Political risk and expected government bond returns Journal of Empirical Finance, 38:498--512.

Grundy, B. and Verwijmeren, P. (2016). Disappearing Call Delay and Dividend-Protected Convertible Bonds The Journal of Finance, 71(1):195--223.

Korteweg, A., Kraussl, R. and Verwijmeren, P. (2015). Does it pay to invest in art? A selection-corrected returns perspective Review of Financial Studies, 29(4):1007--1038.

Grundy, B., Veld, C., Verwijmeren, P. and Zabolotnyuk, Y. (2014). Why are conversion-forcing call announcements associated with negative wealth effects? Journal of Corporate Finance, 24:149--157.

Lewis, C. and Verwijmeren, P. (2014). Cash-settled convertible bonds and the value relevance of their accounting treatment Journal of Corporate Finance, 24:101--111.

Siganos, A., Vagenas-Nanos, E. and Verwijmeren, P. (2014). Facebook’s daily sentiment and international stock markets Journal of Economic Behavior and Organization, 107(Part B):730--743.

Akyol, A. and Verwijmeren, P. (2013). Capital Costs, Firm Leverage, and Unemployment Rates Journal of Financial Intermediation, 22(3):464--481.

Akyol, A., Lim, W. and Verwijmeren, P. (2012). Shareholders in the boardroom: Wealth effects of the SEC's proposal to facilitate director nominations Journal of Financial and Quantitative Analysis, 47(5):1029--1057.

Brown, S., Grundy, B., Lewis, C. and Verwijmeren, P. (2012). Convertibles and hedge funds as distributors of equity exposure Review of Financial Studies, 25(10):3077--3112.

de Jong, A., Dutordoir, M.(., Van Geneugten, N. and Verwijmeren, P. (2012). Convertible arbitrage price pressure and short sales constraints Financial Analysts Journal, 68(5):70--88.

de Jong, A., Verbeek, M. and Verwijmeren, P. (2012). Does financial flexibility reduce investment distortions? Journal of Financial Research, 35(2):243--259.

Duca, E.(., Dutordoir, M.(., Veld, C. and Verwijmeren, P. (2012). Why are convertible bond announcements associated with increasingly negative abnormal stock returns? An arbitrage-based explanation Journal of Banking and Finance, 36(11):2884--2899.

Grundy, B., Lim, B. and Verwijmeren, P. (2012). Do option markets undo restrictions on short sales: evidence from the 2008 short sale ban Journal of Financial Economics, 106(2):331--348.

de Jong, A., Verbeek, M. and Verwijmeren, P. (2011). Firms' debt-equity decisions when the static tradeoff theory and the pecking order theory disagree Journal of Banking and Finance, 35(5):1303--1314.

de Jong, A., Dutordoir, M.(. and Verwijmeren, P. (2011). Why do convertible issuers simultaneously repurchase stock? An arbitrage-based explanation Journal of Financial Economics, 100(1):113--129.

Lewis, C. and Verwijmeren, P. (2011). Convertible security design and contract innovation Journal of Corporate Finance, 17(4):809--831.

De Jong, A., Verbeek, M.J.C.M. and Verwijmeren, P. (2010). The impact of financing surpluses and large financing deficits on tests of the pecking order theory Financial Management, 39(2):733--756.

Verwijmeren, P. and Derwall, J. (2010). Employee well-being, leverage, and bankruptcy costs Journal of Banking and Finance, 34(5):956--964.

Jong, A. and Verwijmeren, P. (2010). To have a target debt ratio or not: what difference does it make? Applied Economics, 20(3):219--226.

de Jong, A., Rosellon Cifuentes, M. and Verwijmeren, P. (2006). The economic consequences of IFRS: the impact of IAS 32 on preference shares in the Netherlands European Accounting Review, 15(3):169--185.