Positions

Assistant Professor of Finance

Research interests

Corporate Governance, Behavioral Finance, Mergers & Acquisitions, CEO turnover and compensation

• Curriculum Vitae

Teaching activities

Current year

Behavioral Finance (Fall 2012)
Empirical Methods in Finance (Spring 2013) 

Previous years

Finance Seminar I (Spring 2012)

Thesis supervision

Supervision of Theses in the Field of Corporate Finance 

• Course materials are available through the UvA Blackboard Server

The STATA programs below create a variable containing the subjective (or certainty equivalent) value of executive compensation (1st file) or components of it (2nd and 3rd file). The subjective value is computed according to the model presented in Ingersoll, Jonathan E., 2006, The subjective and objective evaluation of incentive stock options, Journal of Business, vol. 79, no. 2, pp. 453-488.

The programs were used for an empirical application in the paper "The Executive Turnover Risk Premium", Journal of Finance, vol. 69, no. 4, pp. 1529-1563 (with Alexander Wagner).

A detailed description of the code is given in the preamble at the top of the code.

The STATA programs are .ado files. Some of the programs require that you have other programs installed. If you encounter an "unrecognized program: <program name>" error in STATA, you can type "findit <program name>" to try to find the missing program on line. You can install any of the programs individually by copying the relevant .ado files to your ado directory.

• Subjective compensation value

• Subjective option value

• Subjective share value

• Duisenberg School of Finance
  Docent