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Patrick Verwijmeren
Key publications
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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.